Investor (INVE) Investor dialog summary

Macroeconomic and geopolitical environment

• Current global environment is highly complex and turbulent, with significant uncertainty affecting investment decisions and economic development.

• Trade tensions, especially U.S. tariffs, have led to hesitation and delays in corporate investments and expansion.

• Decision-makers are waiting for more clarity before making major moves, reflecting widespread uncertainty.

Corporate strategy and portfolio management

• Emphasis on a decentralized model, allowing each company to adapt strategies based on their unique circumstances.

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

• Recent acquisitions, such as Advanced Instruments and Nova Biomedical, are seen as growth accelerators.

• Unlisted holdings in Patricia Industries are intended to remain unlisted to foster long-term growth.

Sustainability and climate transition

• Commitment to sustainability is driven by both environmental urgency and business opportunity.

• Climate transition is a core part of value creation plans for all portfolio companies.

• Engagement with companies like SEB focuses on supporting transition strategies rather than immediate divestment from fossil fuels.

• Belief that responsible ownership involves dialogue and gradual transition, not abrupt withdrawal from challenging sectors.