MLP SE

Investor Presentation • Jan 20, 2021

MLP SE – The partner for all financial matters

20th German Corporate Conference January 20, 2021

Agenda

• 1. MLP at a glance
• 1. Strategy
• 1. Appendix: Business Performance 9M/Q3 2020

MLP SE: Strong foundation for future growth

MLP SE: Attractive dividend policy & valuation

Sustainable Investment Opportunity – ESG Prime Rating

• We stand for equal opportunities, diversity and the compatibility of work and family.
• We combine successful entrepreneurship with social and community engagement.
• Sustainable action is an essential component of our services and activities.

• MLP takes ecological and social aspects into account as well as the principles of good corporate governance.

• Change to carbon free power supply in 2019

• Altered Mobility Concept in 2020
• Our Goal: Carbon Neutral on Group level until 2022

Sustainable Investment Opportunity

Supporting all United Nations Sustainable Development Goals (SDGs) the MLP Group actually focuses on:

• FERI is "Signatory" of the UN Principles of Responsible Investing (UN PRI) since 2014
• SDGs serve as guideline for all investment and corporate sustainability goals for us and our clients
• FERI SDG Office as a central competence centre and for steering the internal implementation of the SDG Policy at FERI

https://mlp-se.com/sustainability/

https://www.feri.de/en/investmentconsulting/sustainability-sdg-office

Agenda

• 1. MLP at a glance
• 1. Strategy
• 1. Appendix: Business Performance 9M/Q3 2020

Strategic further development of the MLP Group

Target 2022: EBIT of € 75 to 85 million anticipated

Assumption: No fundamental regulatory changes with effects on the commission or project business.

Acquiring young new consultants as growth driver

EBIT contribution from the university segment (young segment)

• Ongoing significant investments planned in the university segment (young segment)
• Increase anticipated in number of young consultants from ~400 currently to 500 or 600 by the end of 2022
• Break-evenanticipated in 2021 important growth driver for the following years

Real estate brokerage holds massive potential

Profile of DEUTSCHLAND.Immobilien

Business model Brokerage and project development in the real estate sector

DEUTSCHLAND.Immobilien: Selected project business in growth markets

Project map Project development process

Strong and continuously growing revenue sources

*Source: BAI Alternative Investor Survey 2019 and in-house assessment

Digitalisation of the Group is progressing

Strategic agenda wrap-up

Agenda

• 1. MLP at a glance
• 1. Strategy

3. Appendix: Business Performance 9M/Q3 2020

Highlights 9M/Q3 2020

• Positive trend continues Diversification strategy is paying off especially in times of Covid-19
• 9M: Total revenue increases by 8 % to € 525.4 (9M 2019: € 487.3 million)
• Successful development recorded above all in real estate brokerage (+82 %), wealth management (+16 %) and non-life insurance (+7 %)
• Earnings before interest and taxes increased significantly to € 26.8 million (9M 2019: € 19.0 million)
• Number of consultants increased further to 2,052 representing a rise of 121 compared to the previous year's figure
• Forecast for 2020: MLP continues to anticipate EBIT at the upper end of the communicated range of € 34 million to € 42 million

9M: Total revenue increased to highest level since 2005

Total revenue

Gains in real estate brokerage, wealth management and nonlife insurance

Revenue 9M and Q3

Previous year's values in brackets * Excluding MLP Hyp

Assets under management reach record level

MLP Group

Assets under management

in € billion

As of December 31, Q1 as of Mach 31, H1 as of June 30 and 9M as of September 30.

9M: Significant rise in EBIT despite coronavirus impact

Income statement

in € million	Q3 2019	Q3 2020	9M 2019	9M 2020
Total revenue	158.1	166.3	487.3	525.4
EBIT	6.7	8.1	19.0	26.8
Finance cost	-0.1	-0.9	-0.7	-1.9
EBT	6.6	7.1	18.2	25.0
Taxes	-0.4	-2.0	-2.9	-6.6
Net profit	6.2	5.2	15.3	18.3
EPS in € (diluted/basic)	0.06	0.05	0.14	0.17

Effects on EBIT:

1. 9M 2020: Claims for VAT refunds from previous year recognised in income in Q2 (€ 3.4 million)

2. 9M 2020: Significantly higher performance fees in wealth management recorded in Q2 and Q3 than in the same period of the previous year

Strong balance sheet

Balance sheet overview

in € million	Assets	Dec 31, 2019 Sep. 30, 2020
	Intangible assets	183,1 179.7	Equity ratio: 14.1 %
	Financial assets	178,6 227.1
	Receivables from clients in the banking business	872.2 856.1
	Receivables from banks in the banking business	728.1 829.9
	Other receivables and assets	168,6 162.7
	Cash and cash equivalents	510.8 638.3

Core capital ratio: 18.6 %

Net liquidity € 160 million

Liabilities and shareholders' equity

Shareholders' equity	437,4	429.8
Provisions	101,6	100.7
Liabilities due to clients in the banking business	1,894.8	2,175.8
Liabilities due to banks in the banking business	98.4	103.0
Other liabilities	250.6	231.3
Total	2,799.6	3,058.2

Continuous increase in number of consultants

Development of consultant numbers

Number of consultants

On an annual basis, 9M as at Sept. 30

Number of family clients at 551,900

Family clients Corporate and institutional clients

Forecast 2020 – upper end of the EBIT range anticipated

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

Wealth management + Loans and mortgages Health insurance Non-life insurance + Old-age provision - Real estate brokerage 0 + + 0

MLP expects to reach an EBIT at the upper end of the corridor between € 34 and 42 million in 2020

Financial calendar 2020 & contact details

MLP Investor Relations

Phone: +49 6222 308 8320

E-Mail: investorrelations@mlp.com

Homepage: www.mlp-se.com/investors

Andreas Herzog, Head of Investor Relations Email: andreas.herzog@mlp.de Phone: +49 6221 308 2272