LONG-TERM CAPITAL AND DEVELOPMENT SUPPORT IN ASIA AND EUROPE - PowerPoint PPT Presentation

PRIVATE EQUITY LONG-TERM CAPITAL AND DEVELOPMENT SUPPORT IN ASIA AND EUROPE www.leitmotiv.hk 303, St. George’s Building 2 Ice House Street Central, Hong Kong

PRIVATE EQUITY A FAMILY-OFFICE FOUNDED BY THREE ENTREPRENEURS YA YAN AN AND GU GUY D’ D’AURIOL FR FRANCOIS TA TARDAN Prior to Leitmotiv, they were both executive- Prior to Leitmotiv, Francois Tardan was Executive Vice directors of listed global supply chain manager Li Li & President and Chief Financial Officer of Bu Bure reau au Ve Veritas , the Fu Fung , where they created and led their cosmetic world’s leading inspection, testing and verification company. division LF LF Be Beau auty . They had founded CG CGroup in From 1998 to 2011, Francois was notably in charge of 1985 – which they grew over 20 years to become leading the external growth strategy of the group, the number one sourcing company globally servicing overseeing the acquisition and integration of 100+ the cosmetic industry. companies. His management experience also includes the IPO of the group in 2007. Previously, Yan d’Auriol established L’ L’Oreal in Hong Kong and supervised the group’s first joint-venture Prior to Bureau Veritas, Francois was President and CEO of in China. He remained as General Manager of L’Oreal Fondas Fo asol , a leading European geotechnical engineering firm. Hong Kong until 1985. Francois holds an MBA from HE HEC Pa Paris and graduated from Guy d’Auriol had started his career in auditing, EN ENA . working for a French subsidiary of Del Deloitte . THE COMBINED EXPERIENCE OF THE FOUNDERS REPRESENTS OVER 90 YEARS OF SUCCESSFULLY CREATING AND MANAGING GLOBAL BUSINESSES FROM ASIA & EUROPE

PRIVATE EQUITY AND SUPPORTED BY TWO PRIVATE EQUITY PROFESSIONALS EDW EDWARD LE LEE AR ARNAU AUD TA TARDAN Edward cumulates over 20 years of experience in private Arnaud cumulates over 10 years of experience in private equity. equity. Prior to joining Leitmotiv, Edward was an investment Prior to joining Leitmotiv, Arnaud was an investment director with Ci Citi tigroup Ve Venture Ca Capita tal In International where professional in the Midcap buyout team of Ar Ardi dian (ex-AXA he actively participated in numerous investments across Private Equity), investing in European companies and Asia. actively supporting them in their global expansion, especially in Asia and in the US. His earlier career was with KP KPMG MG Hong Kong and Del Deloitte Singapore performing IT and financial audits. Prior to Ardian, Arnaud was an associate at Mo Montefiore Investment , a Paris-based LBO fund specialized in the retail In Edward is a CF CFA charterholder and a member of the Hong and services industries. Kong Institute of Certified Public Accountants. Arnaud graduated from EM EM Ly Lyon Business School. Edward graduated from the Na Nationa nal University Un of of Singapor Si ore .

PRIVATE EQUITY OUR INVESTMENT APPROACH OUR INVESTMENTS TO DATE NER with visionary entrepreneurs who WE PA WE PARTNE seek capital and human support to accelerate 2011 their international development and reinforce the AsiaInspection Business Exited Quality control, lab testing and certification robustness of their business model. Services in 2018 INVEST in fast-growing companies with sales WE IN WE 2012 8 Securities Financial ranging from $10m to $70m. Exited Robo-advisor and stock trading mobile apps Services in 2020 FOCUS on projects that can benefit from our WE WE FO expertise in : Native Union Consumer 2015 Premium brand for tech accessories Brands − Internationalisation (East to West, West to East) Elan Food & − External growth 2015 Wines & spirits distribution across Eurasia Beverage − Supply chain optimisation − Organisational improvement Agorastore Business 2017 Online auctions and remarketing services Services OU OUR SHARE SH REHOLDING HORIZON HO is flexible and follows the specific needs of each investment Virtuos Business project. 2018 Content production services to the video game industry Services

PRIVATE EQUITY BASED IN HONG-KONG, WE ACTIVELY SUPPORT BUSINESSES IN THEIR INTERNATIONALISATION EFFORTS Hong-Kong Shenzhen, Chengdu, Hangzhou Cebu 10 key operation centers New Delhi Durban Miami, Buffalo Mexico 2 key operation Hong-Kong Tokyo centers 3 key operation Hong-Kong Paris Los Angeles centers Bordeaux Shanghai, Beijing, Chengdu, Guangzhou 10 key operation centers Seoul St Petersburg, Moscow Almaty, Astana 1 key operation Paris center Singapore Shanghai, Chengdu, Xian Ho Chi Minh 9 key operation Exited investment centers Paris Dublin San Francisco Vancouver Portfolio investments

PRIVATE EQUITY ASIA INSPECTION Now Qima: www.qima.com CO COMPANY DES DESCRIPTION SALES D SALE S DEVE VELOPME LOPMENT • BASE NT • BASE 100 100 Headquartered in Hong Kong, AI provides quality control, lab testing and compliance services to customers from more than 120 countries worldwide. CAGR: +25% The company’s strong reputation in delivering quality and cost-effective solutions rests on its strong IT backbone (integrating online booking to report delivery), a team of 384 355 over 2,000 experienced and reliable inspectors and strong 252 operational support. 189 151 122 100 LE LEITMOTIV IN INVESTMENT 2011 2012 2013 2014 2015 2016 2017 Investment year : 2011 Operation type: owner buy-out SALE SALES PE S PER GE R GEOGRAPHY OGRAPHY Investment thesis : AFRICA & MIDDLE-EAST − High barriers-to-entry LATIN 9% − Disruptive technology-enabled customer acquisition AMERICA 19% model − Sustained accelerated organic growth NORTH − Strong and stable management team with proven AMERICA external growth capabilities 36% Following 7 years of continuous support, LPE’s stake was ASIA acquired in Q1-2018 by Navis Capital, one of the largest PACIFIC EUROPE 10% private equity teams in Asia. 28%

PRIVATE EQUITY 8 SECURITIES Now SoFi HK: www.sofi.hk CO COMPANY DES DESCRIPTION TRANSACTION VALUE • BASE TRANSACTION VALUE • BASE 100 100 Launched in 2012, 8 Securities is Asia’s leading mobile- first investing service with licensed offices in Hong Kong and Tokyo. The company has a history of innovation, % 8 7 + : having launched Asia's very first robo-advisor and $0 R G A C commission stock trading apps. 365 LEITMOTIV IN LE INVESTMENT 267 230 Investment year : 2012 100 Operation : scale-up financing 2017 2018 2019 LTM Q1-20 Investment thesis : − Innovation through asset light technology − First mover disruptive advantage in Asia − Seasoned management team − Hyper growth potential from customer acquisition funnel Following 8 years of continuous support by an international pool of financial sponsors, 8 Securities was acquired in Q2-2020 by SoFi, the US leader in digital personal finance.

PRIVATE EQUITY NATIVE UNION www.nativeunion.com CO COMPANY DES DESCRIPTION SALES D SALE S DEVE VELOPME LOPMENT • BASE NT • BASE 100 100 Native Union is an award-winning design brand bringing aspirational products to the booming mobile-accessories market. CAGR: +26% Based in Hong Kong, Paris and Los Angeles, Native Union is the only lifestyle brand successfully servicing all key retail channels including department stores, Apple retail 319 and specialty retailers on and offline. 280 242 209 153 100 LEITMOTIV IN LE INVESTMENT 03/2015 03/2016 03/2017 03/2018 03/2019 03/2020 Investment year : 2015 Operation type: capital development SALES PE SALE S PER GE R GEOGRAPHY OGRAPHY Investment thesis : − Unique lifestyle positioning in today’s fastest ASIA OTHER growing consumer product category PACIFIC 4% 10% − A management team putting brand values at the core of the business − Opportunity to transform a large following into an NORTH engaged Native Union community EUROPE AMERICA 27% 59%

PRIVATE EQUITY ELAN WINE & SPIRITS www.elan-sas.fr CO COMPANY DES DESCRIPTION SALES D SALE S DEVE VELOPME LOPMENT • BASE NT • BASE 100 100 Elan is a distributor of fine wines and spirits in emerging markets. Over time, the group has emerged as the sole value-added distributor along the New Silk Road, with a CAGR: +9% unique presence in Bordeaux, Saint-Petersburg, Moscow, Astana, Almaty, Beijing, Shanghai, Chengdu, Guangzhou and Seoul. 154 By providing access to the best on-trade accounts in the 138 128 111 105 100 regions (4&5-star hotels, leading bars and restaurants), the group has become a partner of choice for brands seeking premium visibility in Central and East Asia. 2014 2015 2016 2017 2018 2019 LE LEITMOTIV IN INVESTMENT SALES PE SALE S PER GE R GEOGRAPHY OGRAPHY Investment year : 2015 Operation type: corporate spin-off OTHER 6% SOUTH Investment thesis : KOREA KAZAKH- 7% − Established positions in Central Asia STAN 45% − Continuous roll-over potential in East Asia RUSSIA − Launch of in-house brands 12% − Experienced management team with proven record in geographical expansion CHINA 30%