MLP SE

Earnings Release • Aug 11, 2022

Business figures H1/Q2 2022

Reinhard Loose Chief Financial Officer of MLP SE

Wiesloch, August 11, 2022

Agenda

• Highlights of H1/Q2 2022

• Key financial figures H1/Q2 2022
• Consultants and clients
• Summary and outlook
• Questions and answers

Highlights of H1/Q2 2022

• Total revenue increases to € 472.6 million in the first six months of 2020 (up 12 %)
• Key revenue drivers are real estate (up 126 %) and non-life insurance (up 20 %)
• H1 EBIT increases to € 44.1 million (H1 2021: € 31.4 million), Q2 EBIT stable at € 9.5 million despite difficult framework conditions (Q2 2021: € 9.6 million)
• Despite additional economic burdens: MLP reaffirms its forecast for the financial year (EBIT of € 75 to 85 million)

• Mid-term planning confirmed: EBIT set to reach € 100 to 110 million by the end of 2025 with more than € 1.1 billion in sales revenue

• Highlights of H1/Q2 2022

• Key financial figures H1/Q2 2022
• Consultants and clients
• Summary and outlook
• Questions and answers

Total revenue up by 12 %

In € million

Each as at June 30

Successful diversification beyond old-age provision

*incl. real estate development

Revenue growth above all in real estate and non-life insurance business

An overview of key figures

*incl. first-time consolidation of RVM Group as of April 1, 2021

As of December 31, Q1 as of March 31, Q2 as of June 30

H1: EBIT increases significantly to € 44.1 million

Income statement

In € million

	Q2 2021	Q2 2022	Change in %	H1 2021	H1 2022	Change in %
Total revenue	200.4	217.9	+8.7	421.8	472.6	+12.0
EBIT	9.6	9.5	-1.0	31.4	44.1	+40.4
Finance cost	-0.8	-0.7	-12.5	-1.7	-1.4	-17.6
EBT	8.8	8.7	-1.1	29.7	42.7	+43.8
Taxes	-3.4	-1.9	+44.1	-8.5	-11.7	-37.6
Net profit	5.4	6.8	+25.9	21.2	31.0	+46.2
EPS in € (diluted/basic)	0.05	0.05	0	0.19	0.28	+47.4

Strong balance sheet

In € million

Assets	Dec 31, 2021	June 30,2022
Intangible assets	226.8	241.1
Financial assets	195.2	250.6
Receivables from clients in the banking business	961.4	1,055.6
Receivables from banks in the banking business	478.3	590.3
Other receivables and assets	261.9	237.1
Cash and cash equivalents	1,377.8	1,168.6
Liabilities and shareholders' equity
Shareholders' equity	496.2	504.1
Provisions	137.0	99.7
Liabilities due to clients in the banking business	2,516.1	2,603.4
Liabilities due to banks in the banking business	129.3	135.4
Other liabilities	370.3	339.4
Total	3,693.4	3,734.1

Return on equity: 6.1 % Equity ratio: 13.5 % Core capital ratio: 18.2 % Net liquidity: € 144 million

• Highlights of H1/Q2 2022
• Key financial figures H1/Q2 2022
• Consultants and clients
• Summary and outlook
• Questions and answers

Development of client and consultant numbers

• Highlights of H1/Q2 2022
• Key financial figures H1/Q2 2022
• Consultants and clients
• Summary and outlook
• Questions and answers

Extended value creation within the MLP Group

Expansion of business relations with growing range of services in the network

Intensive networking and further knowledge transfer among specialists from the Group divisions

Strong brands in their respective business field:

Digitalisation to increase process efficiency for both clients and consultants

*Different client groups within the Group: private clients, family offices, institutional investors, companies, brokers and other intermediaries etc.

Forecast for 2022 confirmed

very positive: ++, positive: +, neutral: 0, negative: -, very negative: --

Planning for 2025 reaffirmed

Supported by enhanced cost efficiency

• Further increase in revenue and EBIT in the first six months despite an economic slowdown which has already begun in parts of the market
• Overall positive outlook for the second half of the year, while maintaining awareness of further rising risks

• Focus remains on mid-term planning: taking the MLP Group to the next level in terms of both sales revenue and earnings by the end of 2025

• Highlights of H1/Q2 2022

• Key financial figures H1/Q2 2022
• Consultants and clients
• Summary and outlook
• Questions and answers

Many thanks for your time.

We are happy to answer any questions you may have.

69168 Wiesloch