Shareholders

Equity Story

MPC Capital is an international real asset and investment manager with a focus on three core segments: real estate, renewables, and shipping. We specialize in the development and management of niche real asset investments and investment products for international institutional investors, family offices and professional investors. We align ourselves with the interests of our investors by co-investing and taking on early stage project development risk.

Highlights

5 reasons why to invest

The Equity Story in short

we manage real assets

Focus on low-correlated asset classes real estate, renewables, and shipping
25 years experience in deal sourcing, fund raising and asset management

we are focused

Focus on demand and concept driven strategies
Development of niche strategies
Broad range of hands-on management services

our balance sheet is asset light

Co-investment with investors to ensure alignment of interests
Strong corporate balance sheet to support future growth

our platforms are scalable

Highly scalable management platforms and corporate functions
Business model with strong cash generation potential

we strive for attractive returns

Overall IRR expectations for our co-investments: > 15%
Excess cash to be paid-out as dividend
Target pay-out ratio: 50%

AUM Growth and sustained cash flows

Strategy and Growth Objectives

MPC Capital’s goal is to become one of the leading independent asset and investment managers for real assets in selected markets. The envisaged growth in institutional AUM leads to profitable growth in recurring management fees and sustainable cash flows. Returns on co-investments provide additional upside potential.

1

We aim to increase Assets under Management by adding EUR 0.5 billion to EUR 1.0 billion per annum in new institutional assets to our portfolio.

2

Institutional AuM growth and cost efficiency provides for management fees covering personnel costs and other recurring OPEX. Fees from transactions should then lead to additional profitability.

3

We expect increasing returns from our investment activities over the next few years. The expected IRR is above 15%.

4

We believe that our business case offers strong cash generation potential with further co-investments to be financed from operating cash flow. Excess cash will be paid-out as dividend with a target pay-out ratio of 50%.

1

Increase AuM
2

Leverage platform
3

Co-investments
4

Cash generation

Company Short Profile

Managing real assets

MPC Münchmeyer Petersen Capital AG ("MPC Capital"), based in Hamburg, Germany, is an independent asset and investment manager for alternative investments since 1994, which it actively manages for investors throughout the entire product life cycle.

As a listed company, MPC Capital has an extensive network of partners for the financing and management of tangible assets in the three core segments real estate, renewables, and shipping. Under the unifying brand name "MPC Capital", the company brings ideas to the market, distributes them as return-oriented investments and actively manages funds throughout the entire product life cycle.

MPC Capital covers the entire value chain over its core product segments and is an experienced fund manager and reliable product developer for institutional and professional investors.

At a glance

Key financial figures

Overview of important key figures of the MPC Capital Group

	2016	2017	2018	2019	2020	2021
Assets under Management (AuM) (thereof from institutional business) in EUR bn	5.1 (2.3)	5.1 (2.4)	4.3 (2.6)	4.5 (3.5)	4.4 (3.6)	4.9 (4.0)
Revenue in TEUR *	53,791	59,627	42,727	46,846	50,489	42,284
EBT in TEUR **	15,704	17,353	567	850	1,263	10,401
Net profit in TEUR	10,220	13,150	-18,673	-323	-147	7,217
Earnings per share in EUR	0.33	0.41	-0.57	-0.01	-0.01	0.20
Total assets in TEUR	133,708	135,478	151,213	139,623	126,598	134,559
Equity in TEUR	93,253	102,240	112,467	98,968	96,268	100,761
Equity ration in %	69.7	75.5	74.3	70.9%	76.0%	74.9%

*Revenue 2017 incl. near-sales other operating income **EBT 2018 adjusted for effects from write-down on an equity investment in the retail business