EQT AB (publ) Q3 announcement 2020 - Seite 2

• Total fund investments of EUR 9.6bn (EUR 10.5bn)
• Total gross fund exits of EUR 4.2bn (EUR 5.3bn)
• Fee-generating AUM of EUR 46.5bn as of September 30, 2020 (EUR 36.8bn). This change is primarily driven by the activation of EQT IX during Q3 2020
• Number of full-time equivalent employees and on-site consultants (FTE plus) amounted to 709 (636) at the end of the period, of which FTEs amounted to 657 (579)

EVENTS AFTER THE REPORTING PERIOD

• The EQT Growth strategy was announced on October 19 with Microsoft Corporate Vice President Marc Brown joining as Partner and Head. With EQT Growth, EQT will be among the very few private markets firms in the world with investment strategies that address the needs of companies throughout their lifecycle
• On October 16, EQT Infrastructure V announced the acquisition of a stake in Deutsche Glasfaser. With the investment, EQT Infrastructure V is expected to be 10-15% invested based on its target fund size of 12.5bn
• Thomas von Koch, Partner and previous Managing Partner, being one of EQT's most senior investment professionals, has decided to revert to focus on EQT funds' investment activities. As a consequence, he is leaving the Executive Committee as of October 2020

Presentation of EQT AB's Q3 2020 announcement

Financial analysts and media are invited to participate in a conference, including a presentation at 08:30 CEST. 

The presentation and a video link to follow the conference live can be found at www.eqtgroup.com/shareholders/financial-reporting and a recording will be available afterwards.

To participate by phone, please use the following dial-in details below, at least 10 minutes in advance.

Sweden:  [phone]

UK:  [phone]

USA:  [phone]

Confirmation Code: 65003104

Information on EQT AB's financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group's financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.