Naxs Ab · OMXSTO:NAXS
Naxs Ab — Q1 2026 Earnings Presentation
14 slides from Naxs Ab's earnings presentation, April 2026
Slide 1: Q1 2026
Q1 2026 April 2026. Please refer to www.naxs.se and the company’s financial reports for exhaustive information
Slide 2: An investment company with a portfolio of Nordic private equity investments
Q1 2026 An investment company with a portfolio of Nordic private equity investments Established in 2007, NAXS is an investment company listed on Nasdaq Stockholm with a portfolio of Nordic private equity investments. The Company aims to maximize value from its existing portfolio while selectively de
Slide 3: NAXS offers a diversified exposure to the private equity market through a listed share
Q1 2026 NAXS offers a diversified exposure to NAXS also provides an exposure to selected the private equity market through a direct investments: listed share → 12 active private equity funds from 7 managers Attractive distribution policy: → 2 listed equity investments (Nasdaq → exposure to large, mi
Slide 4: Fund portfolio (Q1 2026)
Q1 2026 Fund portfolio (Q1 2026) The total exposure to Private equity fund investments represents approx. 83.5% of NAV as of Q1 2026 Apax Europe VII LP Valedo Partners Fund II AB Mimir Invest AB JAB Consumer Fund GCB II Equip Capital Fund I LP Fund size: MEUR 11.000 Fund size: MEUR 2.000 Fund size:
Slide 5: Direct investments portfolio (Q1 2026)
Q1 2026 Direct investments portfolio (Q1 2026)* Direct investments represent approx. 4.9 % of NAV as of Q1 2026 Jacktel AS Novonesis Panera Brands Sector: Oil & Gas Sector: bioscience Sector: Fast casual dining Type of instrument: listed shares (Euronext Type of instrument: listed share Type of inst
Slide 6: NAV development Q1 2022 – Q1 2026
Q1 2026 NAV development Q1 2022 – Q1 2026 Including the dividends paid, the NAV/share decreased by 0.7% during Q1 2026 120 3.75 4.25 3.5 3.5 3.75 3.75 3.75 3.5 3.5 4.25 3.75 4.25 3.5 3.5 3.5 4.25 4.25 3.5 4.25 100 3.5 3.75 2 19.01 19.01 3.5 3.75 3.75 3.75 19.01 19.01 19.01 19.01 19.01 3.5 3.5 3.5 16
Slide 7: NAXS: on a street near you…
Q1 2026 NAXS: on a street near you… 7
Slide 8: … and in the press
...and in the XNAXS press affars| variden Apax lagger bud pa Norvaz4 med 58% premie RealDeals Equip Capital exits No Dig Alliance to Ambienta Svenskt riskkapitalbolag ° SFR sSlier lakritstillverkare till industri Kina BREN Nordic Capital ké6per nordisk SaaS- plattform — omsatter nastan 200 miljoner
Slide 9: Key figures Q1 2026
Q1 2026 Key figures Q1 2026 Equity (NAV) NAV change during the Private equity fund investments quarter (incl. dividend paid) and Other Investments 527 MSEK -0.7% Percent 520 MSEK SEK 48.10/share 99 percent of equity Net cash Share price Discount to NAV 62 MSEK 36.30 SEK 24% Percent 12 percent of equ
Slide 10: Investment strategy & Company facts
Q1 2026 Investment strategy & Company facts November 2025 strategic update Following an extraordinary general meeting in November 2025, the Company reaffirmed its Legal form Auditor strategic focus on maximizing the value of its core private equity assets and enhancing A public limited liability com
Slide 11: Appendix
Q1 2026 Appendix 11
Slide 12: Executives & Board of directors
Q1 2026 Executives & Board of directors Amaury de Poret Gösta Lundgren Oliver Molse Thor Åhlgren Niclas Winberg CEO and Director CFO Chairman Director Director (1971) (1955) (1992) (1997) (1988) CEO and director since 2026 CFO of NAXS since 2007 Founder and Chief Executive Works with investments at
Slide 13: Selected definitions
Q1 2026 Selected definitions* Commitment Other Investments The maximum amount that a limited partner agrees to invest in a fund Investments in financial instruments other than private equity funds IRR Private equity fund investments The internal rate of return generated annually from cash flows betw
Slide 14: Contact information
Contact information NAXS AB Pareto Securities AB Nybrogatan 6 (share and trading information) 114 34 Stockholm Amaury de Poret, CEO Joakim Appeltofft Email: [email protected] Email: [email protected] Tel: +46 735 11 17 35 Tel: +46 4075022 Gösta Lundgren, CFO Email: [email protected] Tel