Investor (INVE) Investor dialog summary

Macroeconomic and geopolitical environment

• Global uncertainty persists due to shifting trade policies, tariffs, and unpredictable economic developments, leading to decision-makers delaying investments and actions.

• The current environment is marked by speculation and a lack of clarity about future directions, impacting business confidence.

Strategic approach and portfolio management

• Emphasis on staying close to portfolio companies, supporting them through a decentralized model tailored to each company's needs.

• No fixed allocation target between listed and unlisted holdings; investments are made where the best opportunities arise.

• Continued focus on growth through acquisitions, particularly in wholly owned companies, to accelerate value creation.

• No intention to list unlisted holdings in Patricia Industries, preferring long-term growth together.

Sustainability and climate transition

• Commitment to the green transition is driven by both environmental urgency and business opportunity.

• Climate transition is integrated into value creation plans for all portfolio companies, with a focus on influencing management and boards.

• Engagement with companies and banks on climate issues is preferred over immediate divestment, aiming to influence transition strategies.

• Balancing compliance with local laws and regulations, especially in the U.S., with sustainability goals remains a challenge.