Private Equity Holding AG: Net Asset Value as of February 28, 2025

NEWS RELEASE

Zürich, March 12, 2025

Net Asset Value as of February 28, 2025

As of February 28, 2025, the Net Asset Value (NAV) per share of Private Equity Holding AG (PEH) stood at EUR 165.02 (CHF 154.76), representing a change of -0.6% in EUR (-1.4% in CHF) since January 31, 2025.

PEH's portfolio performance in February was slightly negative. Positive valuation adjustments for several portfolio funds, supported by the concentration effect of the purchase of treasury shares, could not fully compensate the negative valuation adjustments that were recorded for a number of portfolio funds and one direct Co-Investment.

The portfolio was cash-flow negative with total distributions amounting to EUR 1.5m vs. EUR 3.3m paid into the portfolio. A noteworthy distribution was received from H.I.G. Middle Market LBO III from the sale of Soleo Health, a service-oriented, national provider of complex specialty infusion services.

In the reporting period, PEH completed a EUR 5.0m commitment to a European buyout fund.

                                                                                      ***

Private Equity Holding AG (SIX: PEHN) is a listed investment company for private equity investments. It offers institutional and private investors the opportunity to participate in a simple and tax-efficient manner in a diversified and professionally managed private equity portfolio with selective fund and direct investments.

Income from the portfolio is partially reinvested, as well as passed on to the shareholders as annual distributions. Private Equity Holding’s portfolio is managed by Amundi Alpha Associates, an independent Private Equity, Private Debt and Infrastructure investment manager based in Zurich.

For further information, please contact: 
Kerstin von Stechow, Investor Relations, Kerstin.Stechow@peh.ch, phone +41-44-515 70 80, http://www.peh.ch

The basis of the Net Asset Value Calculation and Disclaimer

The number of outstanding shares used for calculation of the Net Asset Value per share amounted to 2,454,601 as of February 28, 2025 (January 31, 2025: 2,459,203). The calculations are prepared in accordance with International Financial Reporting Standards (IFRS) and pursuant to the guidelines of Invest Europe (formerly known as the European Venture Capital Association). The valuations of the fund investments are based on the most recent reported net asset values (NAVs) of the funds. In estimating the fair value of unquoted direct investments, Private Equity Holding AG considers the most appropriate market valuation techniques. The fair value of listed direct investments is the market value. The NAV of Private Equity Holding AG is calculated at the end of each month under a going concern assumption. The different reporting cut-off dates of the individual companies and funds in which participations are held can lead to short-term distortions and cause discrepancies between the published NAV and the actual total value of Private Equity Holding AG's net assets.