AURELIUS Equity Opportunities continues the strong positive trend in Q3 2021 - Operating EBITDA exceeds the full-year amount for 2020

- Dynamic performance of portfolio companies continues: Operating EBITDA rises by 81% year-on-year to EUR 181.4 million

- Net asset value up 20% from the end of 2020, NAV per share reaches EUR 40.43

- Shareholder value remains in focus: new share buyback program, continuation of the transparency initiative and ESG project launched

- Outlook: Positive operating performance remains in focus, further acquisitions and exits planned

Munich, November 11, 2021 -AURELIUS Equity Opportunities SE & Co. KGaA ("AURELIUS"; ISIN DE000A0JK2A8) today published its results for the first nine months of 2021. Total consolidated revenues rose to EUR 2,485.1 million (Q1-Q3 2020: EUR 2,405.2 million). Annualized consolidated revenues from continued operations reached EUR 2,782.0 million (Q1-Q3 2020: EUR 2,154.4 million).

Dynamic performance of portfolio companies continues: Operating EBITDA rises by 81% year-on-year to EUR 181.4 million

The operating EBITDA of EUR 181.4 million (Q1-Q3 2020: EUR 100.2 million) generated in the first nine months of 2021 is already higher than the operating EBITDA for the full year 2020 (EUR 167.6 million), thanks to the continued positive performance of portfolio companies in all three segments. The earnings contributions of the portfolio companies Zentia, moveero, Silvan, Distrelec and VAG in particular contributed to the positive development of the operating EBITDA in the first nine months of 2021.

The EBITDA of the combined Group reached EUR 175.6 million (Q1-Q3 2020: EUR 301.5 million). The difference from the comparable year-ago period is mainly attributable to the considerably lower gains on bargain purchases of EUR 13.1 million (Q1-Q3 2020: EUR 180.5 million). Restructuring and non-recurring expenses came to EUR 56.5 million in the first nine months of 2021, that being five percent lower than the comparable year-ago figure (Q1-Q3 2020: EUR 59.7 million). Company exits contributed EUR 37.6 million (Q1-Q3 2020: EUR 80.5 million) to the overall result.

Net asset value up 20% from the end of 2020, NAV per share reaches EUR 40.43

The continued positive development of the operating EBITDA of the portfolio companies is also reflected in the increase in the net asset value compared to the corresponding year-ago figure. The NAV increased by 20% from the end of financial year 2020 to EUR 1,203.7 million (December 31, 2020: EUR 1,002.5 million), corresponding to a NAV per share of EUR 40.43 (December 31, 2020: EUR 33.67). The equity ratio rose, despite the dividend payment, to 22.9 percent (December 31, 2020: 21.3%).

Shareholder value remains in focus: new share buyback program, continuation of the transparency initiative and ESG project launched

In view of the strong performance of the AURELIUS portfolio companies and the Group's solid financial position, the Executive Directors of AURELIUS Equity Opportunities have resolved to launch an additional share buyback program. AURELIUS will continue to focus strongly on creating value for its shareholders by buying back up to 1 million shares in the next twelve months.

Continuing the transparency initiative begun already in 2020, AURELIUS now additionally publishes a report including a complete consolidated statement of comprehensive income and consolidated statement of financial position, in addition to the press release, as of the third quarter of 2021.

AURELIUS firmly believes that the company's long-term success depends on responsible corporate governance. It is therefore essential that sustainability criteria (ESG: Environmental, Social, Governance) will be embedded in the business model of AURELIUS and represented directly by the Executive Directors. Relevant focal points have been identified and a project to implement appropriate measures has been launched.

Outlook: Positive operating performance remains in focus, further acquisitions and exits planned

"We have been very successful in the last nine months and we are confident that this success will continue in the fourth quarter of 2021. Our portfolio companies have performed very well this year to date and the strategic expansion of the Group's investment focus is paying off. In addition to a number of platform and add-on investments, the newly added co-investment option enabled us to participate in the acquisition of McKesson UK as the biggest transaction in the history of AURELIUS Group in November 2021. With a number of still pending transactions and potential sale options in the coming months, I am confident about the Group's prospects in the remainder of this year and the start into 2022," said Matthias Täubl, CEO of AURELIUS Equity Opportunities.

Key figures

1) The consolidated statement of comprehensive income for the first nine months of last year has been adjusted for comparison purposes in accordance with IFRS 5.

2) From continued operations.

3) Including non-controlling interests.

Net asset value of the AURELIUS portfolio (in EUR millions)

ABOUT AURELIUS

AURELIUS Group is a pan-European asset manager with offices in Munich, London, Stockholm, Madrid, Amsterdam, Milan and Luxembourg.

Key investment platforms are the fund AURELIUS European Opportunities IV and the exchange-listed company AURELIUS Equity Opportunities SE & Co. KGaA ("AEO"; ISIN: DE000A0JK2A8, ticker symbol: AR4), which invests in corporate carve-outs and companies with development potential in the mid-market segment (fund) and in the lower mid-market segment (AEO). An essential aspect of the investment strategy is the operational support of the portfolio companies by a team of nearly 100 in-house operating task force experts. AURELIUS Group also operates in the areas of growth capital, real estate opportunities, and alternative debt solutions. With its Group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support to refugees on their way to a better life.

To find out more, visit www.aurelius-group.com

CONTACT

AURELIUS Group
Investor Relations & Corporate Communications
Phone: +49 (89) 544799 - 0
Fax: +49 (89) 544799 - 55
E-mail: investor@aureliusinvest.de