Private Equity Holding AG: Net Asset Value as of June 30, 2024

Private Equity Holding AG / Key word(s): Net Asset Value
Private Equity Holding AG: Net Asset Value as of June 30, 2024

10.07.2024 / 18:00 CET/CEST
Net Asset Value
The issuer is solely responsible for the content of this announcement.

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NEWS RELEASE

Zug, July 10, 2024

Net Asset Value as of June 30, 2024

As of June 30, 2024, the Net Asset Value (NAV) per share of Private Equity
Holding AG (PEH) stood at EUR 161.22 (CHF 156.23), representing a change of
+0.7% in EUR (-1.0% in CHF) since May 31, 2024 (including the dividend of
CHF 1.00 paid on June 10, 2024).

PEH's portfolio performance in EUR was positive in June. While several
portfolio funds such as L1D Blockchain Venture, L1D Blockchain Venture II
and Alpha CEE Opportunity IV as well as one direct co-investment recorded
positive valuation adjustments, the positive portfolio performance was
mainly driven by favourable FX movements.

In June, the portfolio was cash-flow negative with total distributions
amounting to EUR 2.0m vs. EUR 4.0m paid into the portfolio. PEH received
noteworthy distributions from Abry Heritage, distributing proceeds from
various transactions, including from the sale of Nuspire, a security
services provider, as well as from Mid Europa Fund IV, distributing proceeds
from two partial realisations, namely Allegro, a Polish online e-commerce
platform and M Plus, a business process outsourcing service provider.

In the reporting period, PEH completed a USD 5.0m commitment to H.I.G.
Capital Partners VII, a buyout fund with a focus on the mid cap segment.

***

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 2,468,262 as of June 30, 2024 (May 31, 2024:
2,468,262). 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.


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Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=30c2a226778320c8daa51fedaf9edee0
File description: PEH NAV Flyer June 24

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End of Net Asset Value News

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   Language:    English
   Company:     Private Equity Holding AG
                Bahnhofstrasse 13
                8001 Zürich
                Switzerland
   Phone:       +41 44 515 7080
   E-mail:      info@peh.ch
   ISIN:        CH0006089921
   Listed:      SIX Swiss Exchange

End of News EQS News Service
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1943687 10.07.2024 CET/CEST