background-altamir-home Performance Altamir shareholders have access to the Private Equity asset class, benefit from recurring dividends and from a unique tax-exempt investment vehicle due to the status of SCR. NAV per share evolution Srong increase of the NAV over the last 10 years NAV (Net Asset Value) is the key performance indicator monitored by Altamir to value its assets and measure its growth: it is calculated 4 times a year, for quarterly, half-yearly and yearly results publications. Altamir’s NAV is calculated based on the statutory shareholders’ equity, restated to integrate the portfolio companies at their ‘fair value’ as calculated by the Apax fund managers in accordance with IPEV (International Private Equity Valuation organisation) recommendations. Unlisted companies are valued every half-year and listed companies are valued every quarter. As of 30 June 2020, NAV stood at €27.55 per share (after dividend payment), up 1.6% compared to 31 December 2019 (27.75€/share). Over the last 5 and 10 years NAV TR was 13.5% and 12.3% respectively (CAGR). A sustainable and attractive dividend policy A sustainable and attractive dividend policy Each year Altamir distributes a dividend corresponding to 2 to 3% of its NAV, which represents a yield of 4 to 5%. The dividend served in 2020 for the year 2019 is 0.66€/share. Practical information: – Dividend for the year 2019: €0.66 per share (2.4% of year-end NAV) – Dividend payment: cash – Ex dividend date: 26 May 2020 – Payment date: 28 May 2020 The 2018 dividend distributed in 2019 was €0.66/share. Stock performance A Total Shareholder Return higher than benchmark indices The Total Shareholder Return measures the value created for the shareholder: it takes into account the share price evolution as well as the dividends distributed. As of 30 June 2020, Altamir TSR is 296% over 10 years and 174% over 5 years, outperforming the LPX Europe (respectively 80% and 26%). It represents a total CAGR of 14.7% over 10 years and 12.4% over 5 years.