MPC Münchmeyer Petersen Capital : CAPITAL COMPANY PRESENTATION 05/24

May 2024

COMMITTED TO CREATE VALUE

Company Presentation

CONTENT

1. Introduction
2. Business Model and Growth Objectives
3. Q1 2024 Update
4. Outlook

| Company Presentation

Content | 2

Introduction

Paradise Park, Jamaica

Investment Vehicle: MPC Caribbean Clean Energy Fund

INITIATOR, MANAGER AND CO-INVESTOR OF ALTERNATIVE ASSETS

MPC Capital at a glance

		Investment management and co-investments
		Broad range of hands-on management services
				Focus on Alternative Assets
	Real Estate			Infrastructure (Renewables and Maritime)

€ 4.1bn

Assets under Management as of 31 Dec 2023

€ 20+ bn

invested across asset classes

30 years

of track record in real asset investments

Listed

at Frankfurt stock exchange since 2000

| Company Presentation

Introduction | 4

ACTIVE ON A GLOBAL SCALE,

BACKED BY HANSEATIC FAMILY ROOTS

Global footprint, 10 offices on the ground

175 real assets	210 employees	€ 1.1bn
in selected markets around the world	in 10 offices located close to our partners and projects	transaction volume globally in 2023

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Introduction | 5

HIGHLIGHTS FY 2023 & Q1 2024

Solid balance sheet and further increase in profitability in a volatile market environment

2023

• 30.5m recurring Management fees

Increase in management fees on a stable basis of AUM of EUR 4.1 bn

• 7.0m Transaction fees

Solid transaction volume from substantial deal flow of EUR 1.1 bn across asset classes, EUR 0.6 bn acquisitions + EUR 0.5 bn exits

€ 19.3m EBT │€ 0.27 DPS

Strong deal flow, cost discipline and continued strong returns from co -investment portfolio lead to disproportional growth in EBT (+31%) and DPS (+35%)

85% Equity Ratio

Robust balance sheet to facilitate growth ambitions, market cap below book value

Q1 2024

• 7.7m recurring Management fees

+4% yoy increase in management fees due to broadening of service and fund business

• 1.8m Transaction fees

+64% increase in transaction business, mainly in maritime infrastructure -related projects

€ 7.0m EBT

+69% due to robust deal flow, cost discipline and continued strong returns from co - investment portfolio

85% Equity Ratio*

Continued balance sheet strength

* Adjusted for transitory increase on liabilities due to acquisition of MPC Container Ships shares.
| Company Presentation	Introduction |	6

Residential project in Bad Nauheim (Metropolitan area of Frankfurt)

Investment Vehicle: ESG Core Wohnimmobilien Deutschland

Business Model

WE LIVE WHAT WE CLAIM:

MAKING THE DIFFERENCE AS AN INVESTMENT MANAGER

Equity Story of MPC Capital

A COMPELLING MEGATRENDS IN ESSENTIAL INDUSTRIES

Real Estate

Renewables

Shipping

• Strong fundamentals across (low correlated) real asset classes and further increasing investor appetite for alternative assets

	ESTABLISHED GLOBAL PLAYER WITH A
B
PROVEN BUSINESS MODEL

Investment	Investors
opportunities

• Investment manager with 30 years of track record, ideally positioned to execute on market opportunities

	CREATING SUSTAINABLE VALUE FOR
C
CLIENTS AND SHAREHOLDERS

Strong

pipeline

• Asset light, scalable business model with strong corporate balance sheet and highly diversified income streams
• Recurring fees from management services paired with deal-driven investment business and returns from co-investments

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Business model | 8

A

ALTERNATIVES ARE A STRUCTURAL GROWTH MARKET​

Global asset allocations are in favor of alternatives accelerated by the need to reach net zero by 2050

SHARE OF GLOBAL AUM (IN US$ TRILLION)

US$71tnUS$128tn

11%

23%

2015	2027e
■ Alternative Assets	■ Traditional Assets

• According to Boston Consulting Group, global AUM grow by 5% per annum, while Alternative Assets grow by 12% (CAGR 2015 -2027)

Source: BCG 2023

| Company Presentation

ANNUAL INVESTMENT NEED TO REACH NET ZERO BY 2050

Trillion USD

5

4

3

2

1

0

2020				2030e
Low-Emission Fuels		Electricity Generation		Energy Infrastructure		End-Use

• According to the International Energy Agency (IEA), reaching net zero by 2050 - the mid-century target of the Paris Agreement - hinges on an unprecedented clean energy push through 2030

Source: International Energy Agency (IEA), Brookfield 2021

Business Model | 9

B

OUR BUSINESS: SOURCING, STRUCTURING AND MANAGING EXTRAORDINARY PROJECTS

Integrated management setup to provide compelling returns across the risk -spectrum

SOURCING

Pipeline (as of Feb 2024)

EUR 0.3bn

EUR 0.9bn

EUR 1.9bn

• Unique and proven access
  to attractive niche asset classes with long-lasting partnerships
• Strong and growing pipeline

		STRUCTURING			CO-INVESTMENT
>
AuM by investment vehicle			Portfolio (book value)
									Real
						Renewables		10%	Estate
				Fund
Separately	20%		34%
solutions
		managed
		41%					EUR
		accounts	EUR
		4.1 bn					77 m
			39%					56%
			Listed				Shipping
			platforms
	+ Deal structures tailored to investor		+ Strong corporate balance sheet
		needs and underlying investments		enables skin in the game
	+ Significant track record across public		+ Co-invested over EUR 150m
		and private investment structures		since 2016

MANAGEMENT

No. of employees

~150 in asset

and fund management

~40

in investments	~20 in central
and business	services
development

• Integrated asset and investment management services
• Access to operational excellence with our group companies and partners

All figures as of Dec 2023 if not stated otherwise

| Company Presentation

Business model | 10