Ab Artea Bankas · OMXVSE:ROE1L
Ab Artea Bankas — Artea Bankas — Debt Investor Presentation (December 2025)
24 slides from Ab Artea Bankas's debt investor presentation, December 2025
Slide 1: Artea Pan-European and Baltic Bond Subfund
Artea Pan-European and Baltic Bond Subfund 2025 December
Slide 2: Disclaimer
Disclaimer Artea Pan-European and Baltic Bond Subfund (hereinafter – the Subfund) is a subfund of the open-ended harmonized investment fund Artea Umbrella Fund, managed by UAB „Artea Asset Management“ (hereinafter – the Management Company). The Subfund is the feeder undertaking of the subfund Artea
Slide 3: Investment philosophy
Investment philosophy Where does the value come from?
Slide 4: Subfund facts
Subfund facts Morningstar • Inception: 2010-10-29 • AUM: EUR 8 M / EUR 61 M / Strategy AUM: EUR 337 M • Subfund ISIN: LTIF00000468 • Management fee: 0.45% Lipper Leaders*** • Maximum subfund level TER*: up to 2% • Notional TER**: 2.13% Highest overall rankings in 3 of 4 • Investment manager: Artea A
Slide 5: Strategy
Strategy Focused Emerging Europe government and corporate bonds TOP picks Objective: Strategy: • Focus on hard-currency short-term sovereign and corporate debt securities in Emerging Europe (currency risk hedged to EUR) maximization of risk-adjusted returns (Sharpe • Current average credit rating: B
Slide 6: Subfund's performance against the benchmark since inception
Subfund’s performance against the benchmark since inception (2010-10-29) 80% Artea Pan-European and Baltic Bond Subfund 70% Ann. Volatility Sharpe YTM Duration Benchmark index return* 60% 50% Artea 3.2% 2.2% 1.4 4.0% 3.7 Subfund 40% 30% Benchmark** 1.8% 5.2% 0.4 4.1% 4.0 20% 10% Since inception, the
Slide 7: Superior characteristics compared to EUR-denominated investment grade corporate debt index
Superior characteristics compared to EUR-denominated investment grade corporate debt index 80% Artea Pan-European and Baltic Bond Subfund Ann. 70% Volatility Sharpe YTM Duration Bloomberg Euro Aggregate Corporate Total Return Index Value return* Unhedged EUR 60% Artea 50% 3.2% 2.2% 1.4 4.0% 3.7 Subf
Slide 8: Components of fund's return
Components of fund’s return CEE bond market High value off-benchmark inefficiencies opportunities Flexibility to switch between government and Active participation in corporate bonds primary market
Slide 9: Typical issuers that the fund is looking for: case study
Typical issuers that the fund is looking for: case study Globalworth: • Leading office investor and landlord in Central and Eastern Europe, with a portfolio of over 1 million sqm of assets: • Value of investment property at over 2.5 billion EUR; • Tenants mostly in Poland and Romania. • Solid fundam
Slide 10: Main characteristics and comparisons
Main characteristics and comparisons
Slide 11: Fund yield remains attractive
Fund yield* remains attractive Artea Pan-European and Baltic Bond Subfund 9.0 8.0 7.0 6.0 Yield to maturity (%) 5.0 4.0 3.0 2.0 1.0 0.0 Source: Artea Asset Management, December 2025 Disclaimer: Previous performance cannot be taken as a reliable indicator for future performance *YTM is provided for m
Slide 12: Fund portfolio characteristics
Fund portfolio characteristics Currency Country and credit profile 5% Poland Lithuania EUR Romania USD Czech Republic Bulgaria 95% Cash Duration 2% 7% Latvia 29% Austria < 1 year 17% Macedonia 1-3 years Slovakia 3-5 years 5-7 years Estonia > 7 years 0% 2% 4% 6% 8% 10% 12% 14% 16% 45% Corporate Sover
Slide 13: 5 largest positions
5 largest positions - Dominant shopping and entertainment center operator in the Baltics; AKRPLS 6 05/15/30 4.5% - High occupancy of ~98% (as of 2024 Q4), conservative net LTV at 21%, NRI yield of (Akropolis) ~9% as of 2025 H1. -One of the largest power suppliers and energy generators in the Baltics
Slide 14: Value of risk management strategy in turbulent markets – total returns
Value of risk management strategy in turbulent markets – total returns Eurozone Debt Crisis FED Taper Tantrum 4% 0% 0% -4% -4% -8% -8% -12% -12% -16% -16% 2011.06.06 2011.07.06 2011.08.06 2011.09.06 2011.10.06 2011.11.06 2011.12.06 2013.05.08 2013.08.08 2013.11.08 2014.02.08 2014.05.08 Artea Peer #1
Slide 15: Value of risk management strategy in turbulent markets – total returns
Value of risk management strategy in turbulent markets – total returns Inflation shock, rate hikes, war in Ukraine Covid-19 sell-off 5% 5% 0% 0% -5% -10% -5% -15% -20% -10% -25% -15% -30% -35% -20% -40% 2020.02.19 2020.04.19 2020.06.19 2020.08.19 2020.10.19 2020.12.19 2021.08.31 2022.02.28 2022.08.3
Slide 16: Fund performance comparison with peer group over the last 10 years
Fund performance comparison with peer group over the last 10 years Source: citywireselector.com (Comparison with peer group over 10 years) as of December 2025
Slide 17: Why CEE region and what are its main characteristics?
Why CEE region and what are its main characteristics?
Slide 18: Very evident convergence story
Very evident convergence story Purchasing power adjusted GDP per capita as % of EU-27 average 140.0% 120.0% 100.0% 80.0% 60.0% 40.0% 20.0% 0.0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 EU-27 average EE, LV, LT, PL, R
Slide 19: Government debt to GDP (%)
peers Government debt to GDP (%) 0 50 100 150 200 250 300 Estonia Bulgaria Kazakhstan Source: IMF, 2024 estimate figures Luxembourg Denmark Bosnia and Herz. UAE Türkiye Peru Vietnam Sweden Lithuania Switzerland Moldova Norway Georgia Indonesia Chile Ireland Latvia Czechia Netherlands Serbia Australi
Slide 20: Summary
Summary Asset class Team Strategy Balanced risk / return Under-researched region Experienced team with solid A proven strategy of bottom-up Short duration and hard which offers attractive track record in very active bond picking and exploiting currency investments that opportunities for active bond
Slide 21: Additional information
i Sk Additional information
Slide 22: ESG & sustainability
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Slide 23: ESG integration (Article 6 under SFDR)
ESG integration (Article 6 under SFDR*) “Avoid” approach with focus on downside risks Two main ESG strategies used across fixed income strategies: Negative / exclusionary screening • No involvement / significant income from controversial weapon production and sales, tobacco, alcohol, gambling, porno
Slide 24: Thank you & all the best in the good work that you do
Thank you & all the best in the good work that you do artea.lt
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