INVL Baltic Farmland

Fund Information / Factsheet • Oct 27, 2015

Key information about INVL Baltic Farmland, AB for 9 months of 2015

About INVL Baltic Farmland, AB

The public joint-stock company INVL Baltic Farmland was established on 29 April 2014 on the basis of a part of assets split-off from Invalda INVL, AB.

INVL Baltic Farmland manages shares of companies investing into agricultural land. INVL Baltic Farmland has 100% in 18 companies owning more than 3 thousand hectares of agricultural land in Lithuania.

Shares of INVL Baltic Farmland are listed on NASDAQ OMX Vilnius stock exchange since 4 June 2014.

On June 30 the company has signed an agreement with INVL Farmland Management to transfer an administration of the assets to the third party.

Agricultural land portfolio of INVL Baltic Farmland, AB

Plots belonging to the company are in the most fertile areas of Lithuania. They are highlighted in blue.

Main Shareholders and Group structure of INVL Baltic Farmland

Management fees, %

Pe f t he l i da d r l inc nt te ta rce o co ns o en om e	7
Pe f w ig hte d a ita l iza ion f I N V L Ba lt ic Fa lan d Q nt t 2 rce o e ve rag e c ap o rm	0.5
Su ( fee f t he l i da d ity ha in f t he t o te cce ss p erc en c on so eq u p er s re ex ce ss o be hm k v lue ) nc ar a	20
Ba d de bt lev l a f t he l c l i da d inc ( i f e de d, he tag to ta te t e s a p erc en e o on so om e xc ee is t ke fro he fee ) ot t ex ce ss a n m r m an ag em en s	5

Key figures of INVL Baltic Farmland as of 30 September ²⁰¹⁵Book value of land, EUR thousand 10,559 Other assets, EUR thousand 445 Consolidated equity, EUR thousand 10,002 Deferred income tax liabilities, EUR thousand ⁸⁵¹ Other liabilities, EUR thousand 151 Controlled cultivated cropland area, ha 3,003 Average rental income per hectare, EUR 149 Book value of one share, EUR 3.04 Dividend yield, % 2.1 Profit (loss), EUR thousandRevenue 339 Profit before tax 312 Net profit 270

Historical relation between share price and NAV