Page 1

NAXS NAXS AB ( publ ) Interim Report January - March 2021 First quarter 2021 Interim Report Jan - March , 2021 • Net profit for the first quarter amounted to MSEK 44.6 ( -4.0 ) . Page 1 of 20 • Earnings per share amounted to SEK 4.00 ( -0.35 ) . • Net asset value amounted to MSEK 703 ( SEK 63.04 per share ) at March 31 , 2021 , compared to MSEK 679 ( SEK 60.87 per share ) at March 31 , 2020 . • Net cash amounted to MSEK 180 ( SEK 16.16 per share ) at March 31 , 2021 , compared to MSEK 219 ( SEK 19.65 per share ) at December 31 , 2020 . • The 2021 Annual General Meeting resolved to pay a dividend of 3.00 SEK per share for FY 2020 . Comments by the CEO NAXS experienced a steady development during the first quarter of 2021 with the NAV / share increasing by 8.5 % , including the dividend paid out . During the quarter , NAXS made a second co - investment alongside JAB Holding , this time in Krispy Kreme Doughnuts , the world- famous doughnut brand . As to the underlying funds , they acquired 4 new portfolio companies and signed or closed 4 exits during the quarter . In addition , a partial exit took place with the listing of Kreate on Nasdaq Helsinki . NAXS paid out in March a dividend of SEK 3.00 / share for FY 2020 , corresponding to 4.9 % of NAV at 31 December 2020 . Lennart Svantesson