MLP SE

Earnings Release • Aug 8, 2019

Business figures H1/Q2 2019

Reinhard Loose, CFO

Wiesloch, August 8, 2019

Highlights of H1/Q2 2019

• Key financial figures H1/Q2 2019
• Summary and outlook
• Questions and answers

Highlights of H1/Q2 2019

• H1: Total revenue up 6 % to € 329.2 million the highest figure at the start of a year since the sale of the insurance subsidiaries
• Successful diversification of revenue basis as the foundation for today's growth and continued sources of income in the future
• H1: At € 12.2 million, EBIT is slightly above the previous year's level (2018: € 12.1 million)
• Increase in consultant numbers and real estate brokerage as key drivers of growth for the future

• Outlook for 2019: EBIT slightly above the previous year's figure (€ 46.4 million) still anticipated – despite high levels of investment in the university segment to bolster future operations

• Highlights of H1/Q2 2019

• Key financial figures H1/Q2 2019
• Summary and outlook
• Questions and answers

H1: Total revenue rose to a new high

Total revenue

H1: Growth in virtually all fields of consulting

Revenue H1/Q2

in € million

Previous year's values in brackets * Excluding MLP Hyp

Page 6 August 8, 2019 MLP H1/Q2 2019 business figures

H1: EBIT of € 12.2 million generated

Income statement

In € million	Q2 2018	Q2 2019	H1 2018	H1 2019
Total revenue	142.7	151.4	310.6	329.2
EBIT	-1.0	-0.3	12.1	12.2
Finance cost	0.0	-0.3	-0.4	-0.6
EBT	-0.9	-0.7	11.7	11.6
Taxes	1.4	0.6	-1.9	-2.6
Net profit	0.5	-0.1	9.8	9.0
EPS in Euro	0.00	0.00	0.09	0.08
(diluted/basic)

Core capital ratio at 18.5 %

Balance sheet overview

In € million	Dec. 31, 2018	June 30, 2019
	155.9	152.7	Equity ratio: 15.7 %
	78.3	132.8
	165.3	178.4	Core capital ratio 18.5 %
	761.0	787.2
	694.2	687.3	Total capital at around € 262 million
	158.1	148.3
	385.9	471.7
	Receivables from clients in the banking business Receivables from banks in the banking business

Liabilities and shareholders' equity

Shareholders' equity	424.8	406.3
Provisions	94.5	85.7
Liabilities due to clients in the banking business	1,638.9	1,797.9
Liabilities due to banks in the banking business	81.6	92.4
Other liabilities	165.8	190.1
Balance sheet total	2,421.0	2,586.4

Strategic agenda 2019

Strategic focus	1	Organic growth	2 Inorganic growth	3 Continued cost management
Implement ation	• • •	Strengthening of the university segment in the private client business: through focus on recruiting young consultants and acquiring clients Further diversification of revenue basis: primarily through further expansion of wealth management, non-life insurance and real estate brokerage business Accelerated implementation of digitalisation strategy: in particular extension of digital information and service offers	• Closing of majority holding in DEUTSCHLAND.Immobilien expected for September • MLP Group remains open for acquisitions	• Ongoing efficiency management programme on the cost base, which was further reduced in 2016 • Simultaneous investment in future projects

Making MLP less susceptible to short-term market influences and building on profit level already achieved

Accelerated acquisitions of new consultants is progressing as planned

MLP consultants

Successful diversification beyond old-age provision

Strong substance and high potential

MLP Group

Quality: Stable business with a high proportion of recurring revenue

Potential: Growth opportunities in existing business

Positioning and liquidity form a strong basis

Digital support increases consulting efficiency and client proximity

Expanded online client support by MLP consultants

Enormous potential in real estate brokerage

Real estate volume brokered by MLP consultants

• Highlights of H1/Q2 2019
• Key financial figures H1/Q2 2019
• Summary and outlook
• Questions and answers

Forecast for the financial year 2019 confirmed

Qualitative assessment of revenue development Earnings performance

• Revenue increased substantially in the first six months continued sound basis for the remainder of the financial year
• Implementation of strategic agenda is well underway significant potential within the entire MLP Group
• Further development of the university segment is delivering results

• Outlook unchanged: Despite high investments in the future, slight increase is anticipated over the EBIT recorded in 2018

• Highlights of H1/Q2 2019

• Key financial figures H1/Q2 2019
• Summary and outlook
• Questions and answers

Contact

MLP Corporate Communications Alte Heerstr. 40 69168 Wiesloch Germany

Frank Heinemann, Head of External Communications Andreas Herzog, Head of Investor Relations and Financial Communications

Tel.: +49 (0) 6222 308 8320 Fax: +49 (0) 6222 308 1131

investorrelations@mlp.de www.mlp-se.com