NB Aurora S A SICAF RAIF : CS NAV al 30 settembre 2021

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE UNITED STATES

This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.

The investment or investment activity related to the Company is available only to persons falling within the category of professional investors under the MIFID (the "Exempted Persons") and will be engaged in only with the Exempted Persons. Investors should not subscribe for any securities referred to in this document except on the basis of information contained in the prospectus.

In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. The expression "Prospectus Regulation" means Regulation (EU) 2017/1129 and includes any relevant implementing measure in the relevant Member State.

NB AURORA: NET ASSET VALUE AL 30 SETTEMBRE 2021

PARI A EURO 11,2819 PER AZIONE (IN AUMENTO DEL 5,3% RISPETTO

AL 30 GIUGNO 2021 E DEL 9,3% RISPETTO AL 31 DICEMBRE 2020)

• NET ASSET VALUE PARI A CIRCA EURO 277 MLN (AL 30 GIUGNO 2021 ERA

PARI A CIRCA EURO 263,0 MLN, MENTRE AL 31 DICEMBRE 2020 A CIRCA

253,4 MLN)

Lussemburgo, 12 novembre 2021 - NB Aurora S.A. SICAF-RAIF (di seguito "NB Aurora" o "Società"), quotata in Italia su Euronext MIV Milan - Professional Segment, con l'obiettivo di acquisire partecipazioni in PMI italiane di eccellenza non quotate, rende noto che il Consiglio di Amministrazione, riunitosi in data odierna, ha determinato il Net Asset Value al 30 settembre 2021.

Il Net Asset Value ("NAV") è pari a circa Euro 277.004.935, corrispondente ad un NAV per azione in circolazione di Euro 11,2819 (calcolato come rapporto tra il NAV, pari a Euro 277.004.935 e il numero totale di azioni, pari a 24.553.115).

Il NAV ha registrato una variazione positiva di Euro 23,6 milioni da inizio anno da imputarsi prevalentemente ad un aumento della valorizzazione degli investimenti del portafoglio di NB Aurora.

In dettaglio, il NAV è così composto: Euro 10,4 milioni sono rappresentati dalle quote di Fondo Italiano di Investimento, circa Euro 185,1 milioni dalle quote degli investimenti in NB Aurora Holdings, circa Euro 30 milioni dall'investimento in Engineering Ingegneria Informatica, e circa Euro 51,5 milioni di cassa, altre attività e passività.

Nel corso dei primi 9 mesi del 2021, NB Aurora ha investito complessivamente Euro 65,9 milioni, di cui Euro 23,3 milioni in Veneta Cucine, Euro 3,8 milioni in BluVet, Euro 27,8 milioni in Comet ed Euro 11,0 milioni in Farmo.

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Successivamente al 30 settembre, sono stati investiti Euro 7,9 milioni in Exacer e Euro 4,2 milioni in Bluvet. Tali operazioni portano il capitale investito da NB Aurora da gennaio 2021 a oggi a Euro 78,0 milioni.

Inoltre, sono stati sindacati con NB Aurora Co-investment fund Euro 24,3 milioni e altri Euro 5,5 milioni sono stati sindacati con altri investitori per un totale di circa Euro 107,8 milioni da gennaio 2021. La liquiditá disponibile per nuovi investimenti è quindi pari a euro 39,4 milioni.

I dati finanziari riportati nel presente comunicato non sono stati oggetto di revisione contabile.

Definizioni

Net Asset Value (valore del patrimonio sottratte le passività)

NB Aurora

NB Aurora è il primo veicolo di permanent capital quotato in Italia su Euronext MIV Milan - Professional Segment che nasce con l'obiettivo di investire in PMI non quotate, convogliando risorse finanziarie a supporto della loro crescita ed internazionalizzazione, contribuendo così a sostenere l'economia reale del Paese. NB Aurora è promosso da Neuberger Berman, società di investimento privata, indipendente e controllata dai propri dipendenti, con circa $437 miliardi in gestione (al 30 settembre 2021). Il target di investimento di NB Aurora sono PMI italiane di eccellenza, leader in nicchie di mercato ad alto potenziale di crescita, con fatturato compreso tra 30 e 300 milioni di euro e una forte propensione all'export. Il team di NB Aurora opera con un approccio di active minority, in un'ottica di partnership con gli imprenditori con un orizzonte temporale di medio-lungo termine. Dopo la prima operazione che ha portato NB Aurora ad acquisire il 44,55% delle quote di Fondo Italiano d'Investimento (17 partecipazioni iniziali quali attualmente mantiene ancora l'investimento in Ligabue, DBA Group, Amut Group e Zeis Excelsa), il fondo ha investito in ulteriori 10 aziende: Club del Sole (leader nel settore camping- village in Italia), Dierre Group (leader in Italia nella produzione di componenti tech per l'automazione industriale), PHSE (leader italiano nel trasporto a temperatura controllata di farmaci e campioni biologici), BluVet (rete di cliniche veterinarie), Rino Mastrotto Group (leader mondiale nella produzione e commercializzazione delle pelli per i settori fashion, automotive e dell'arredamento), Engineering (leader in Italia nella trasformazione digitale di aziende, organizzazioni pubbliche e private), Veneta Cucine (leader nella progettazione, produzione e realizzazione di mobili per cucina, living e complementi d'arredo), Comet (leader in Italia nello sviluppo e produzione di mescole in gomma naturale e sintetica), Farmo (leader italiano nella produzione di alimenti confezionati senza glutine, biologici, a base vegetale e molto salutari per marchi propri, marchi terzi e canali private label) ed Exacer (attiva nel business delle specialty chemicals tramite lo sviluppo e produzione di supporti per catalizzatori).

Per ulteriori informazioni su NB Aurora:

Image Building

Cristina Fossati, Luisella Murtas, Laura Filosi

Tel. [phone]

[e-mail]

[e-mail]

www.nbaurora.com

This document is addressed to professional clients only.

Neuberger Berman AIFM SARL is authorised and regulated as an alternative investment fund manager by the Commission de Surveillance du Secteur Financier (CSSF) and is registered in the Grand Duchy of Luxembourg, at 9, rue du Laboratoire, L-1911 Luxembourg.

NB Aurora S.A. SICAF-RAIF is reserved alternative investment fund (RAIF) in the form of an investment company with fixed capital (société d'investissement à capital fixe capital SICAF) as per the Luxembourg law of 26 July 2016 on reserved alternative investment funds. The information in this document does not constitute investment advice or an investment recommendation and is only a brief summary of certain key aspects of the fund.

An investment in the fund involves risks, with the potential for above average risk, and is only suitable for people who are in a position to take such risks. For more information please read the prospectus and principal fund documents.

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In relation to each member state of the EEA (each a "Member State"), this document may only be distributed and shares may only be offered or placed in a Member State to the extent that: (1) the fund is permitted to be marketed to professional investors in the relevant Member State in accordance with AIFMD (as implemented into the local law/regulation of the relevant Member State); or (2) this document may otherwise be lawfully distributed and the shares may otherwise be lawfully offered or placed in that Member State (including at the initiative of the investor). In relation to each Member State of the EEA which, at the date of this document, has not implemented AIFMD, this document may only be distributed and shares may only be offered or placed to the extent that this document may be lawfully distributed and the shares may lawfully be offered or placed in that Member State (including at the initiative of the investor).

Germany: Shares of the fund may in particular not be distributed or marketed in any way to German retail or semi-professional investors if the fund is not admitted for distribution to these investor categories by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht).

United Kingdom: This document is directed only at persons who are professional clients or eligible counterparties for the purposes of the FCA's Conduct of Business Sourcebook. The opportunity to invest in the Fund is only available to such persons in the United Kingdom and this document must not be relied or acted upon by any other persons in the United Kingdom.

Switzerland: The distribution of this fund in Switzerland will be exclusively made to, and directed at, qualified investors ("Qualified Investors"), as defined in the Swiss Collective Investment Schemes Act of 23 June 2006, as amended ("CISA") and its implementing ordinance, the Collective Investment Schemes Ordinance of 22 November 2006, as amended ("CISO"). Accordingly, the fund has not been and will not be registered with the Swiss Financial Market Supervisory Authority ("FINMA"). This document and/or any other offering materials relating to the fund may be made available in Switzerland solely to Qualified Investors. The fund is domiciled in Luxembourg. The Swiss representative is FIRST INDEPENDENT FUND SERVICES LTD, Klausstrasse 33, CH - 8008 Zurich and the Swiss paying agent is Neue Helvetische Bank AG, Seefeldstrasse 215, CH-8008 Zurich. The principal fund documents may be obtained free of charge at the registered office of the Swiss representative. In respect to the shares in the fund distributed to Qualified Investors in Switzerland, the place of performance and the place of jurisdiction is at the Swiss representative's registered office.

This document is presented solely for information purposes and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security.

We do not represent that this information, including any third party information, is accurate or complete and it should not be relied upon as such.

No recommendation or advice is being given as to whether any investment or strategy is suitable for a particular investor. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of any investment, and should consult its own legal counsel and financial, actuarial, accounting, regulatory and tax advisers to evaluate any such investment.

It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. Any views or opinions expressed may not reflect those of the firm as a whole.

All information is current as of the date of this material and is subject to change without notice.

The fund described in this document may only be offered for sale or sold in jurisdictions in which or to persons to which such an offer or sale is permitted. The fund can only be promoted if such promotion is made in compliance with the applicable jurisdictional rules and regulations. This document and the information contained therein may not be distributed in the US. Past performance is not a reliable indicator of current or future results. The value of investments may go down as well as up and investors may not get back any of the amount invested. The performance data does not take account of the commissions and costs incurred on the issue and redemption of units.

The value of investments designated in another currency may rise and fall due to exchange rate fluctuations in respect of the relevant currencies. Adverse movements in currency exchange rates can result in a decrease in return and a loss of capital.

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© 2020 Neuberger Berman Group LLC. All rights reserved.

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