MLP SE

Investor Presentation • Aug 12, 2021

Business figures H1/Q2 2021

Reinhard Loose Chief Financial Officer

Wiesloch, August 12, 2021

• Highlights of H1/Q2 2021

• Key financial figures H1/Q2 2021
• Consultants and clients
• Summary and outlook
• Questions and answers

Highlights of H1/Q2 2021

• At € 31.4 million after the first six months of the year, EBIT is significantly above the previous year's level, increase also recorded in Q2
• Total revenue rises significantly in H1 (+17 %) reaching a new all-time high of € 421.8 million, record gains in Q2 (+21 %)
• H1: Revenue increases in all consulting fields, above all in the fields of real estate brokerage (+39 %) and wealth management (+33 %)
• At € 51.4 billion, assets under management surpass the € 50 billion mark for the first time

• Forecast for 2021: Upper end of the communicated EBIT corridor of € 55 to 61 million expected – Planning for 2022 confirmed

• Highlights of H1/Q2 2021

• Key financial figures H1/Q2 2021
• Consultants and clients
• Summary and outlook
• Questions and answers

Rise in total revenue by 17 % (H1) and 21 % (Q2)

H1 total revenue

Each as at June 30

Growth in all consulting fields

Revenue H1 and Q2

Previous year's values in brackets * Excluding MLP Hyp

6 MLP H1/Q2 2021 business figures

Positive development of key figures

in € billion in € million 11.4 39.2 42.7 51.4 0 10 20 30 40 50 60 2007 2019 2020 Q2 2021

As of December 31, Q2 as of June 30

Assets under management Non-life insurance portfolio volume

^*incl. first-time consolidation of RVM Group

Targeted value creation within the MLP Group

Tangible added value thanks to shared and deeper value creation

H1: EBIT at € 31.4 million

Income statement

in € million

	Q2 2020	Q2 2021	H1 2020	H1 2021
Total revenue	165.3	200.4	359.0	421.8
EBIT	8.1	9.6	18.8	31.4
Finance cost	0	-0.8	-1.0	-1.7
EBT	8.1	8.8	17.8	29.7
Taxes	-2.5	-3.4	-4.7	-8.5
Net profit	5.6	5.4	13.1	21.2
EPS in € (diluted/basic)	0.05	0.05	0.12	0.19

Significant EBIT effects in Q2:

• Q2/2020: One-off earnings contribution of € 3.4 million for a VAT refund
• First-time consolidation of RVM with an EBIT effect of € -1.1 million
• Increased consulting expenses

Strong balance sheet

in € million	Assets	31.12.2020	30.06.2021
Excerpt	Intangible assets	178.9	222.7
	Financial assets	197.6	207.4
	Receivables from clients in the banking business	880.6	913.2
	Receivables from banks in the banking business	751.5	588.5
	Other receivables and assets	199.8	198.1
	Cash and cash equivalents	859.0	1,209.1
	Liabilities and shareholders' equity
	Shareholders' equity	454.0	450.1
	Provisions	115.8	103.9
	Liabilities due to clients in the banking business	2,271.9	2,507.4
	Liabilities due to banks in the banking business	107.5	120.5
	Other liabilities	265.7	302.4
	Total	3,235.0	3,513.5

Equity ratio: 12.8%

Return on equity: 4.7%

Core capital ratio: 18.5%

Net liquidity: € 149 million

10 MLP H1/Q2 2021 business figures

• Highlights of H1/Q2 2021
• Key financial figures H1/Q2 2021
• Consultants and clients
• Summary and outlook
• Questions and answers

Number of consultants above previous year

Number of family clients increases to 557,100

Family clients Corporate and institutional clients

^*incl. first-time consolidation of RVM Group

• Highlights of H1/Q2 2021
• Key financial figures H1/Q2 2021
• Consultants and clients
• Summary and outlook
• Questions and answers

Forecast 2021

Qualitative assessment of revenue development Earnings performance (EBIT) very positive: ++, positive: +, neutral: 0, negative: -, very negative: -- in € million

EBIT target range for 2022 of € 75 to 85 million confirmed

An overview of growth areas for 2022

Summary

• Further increase in revenue and profit in the first half year providing a positive impetus for the rest of the year
• MLP benefits from a broad base and networking of diverse perspectives and areas of expertise within the Group
• Optimistic outlook for the second half of the year the Group also remains on course in terms of its 2022 planning

• Highlights of H1/Q2 2021
• Key financial figures H1/Q2 2021
• Consultants and clients
• Summary and outlook
• Questions and answers

Many thanks for your time.

We are happy to answer any questions you may have.