Partners Grp Regulatory News (PEYS)

News Release

Guernsey, 30 September 2022

NAV increases by 0.3% in August

· Princess Private Equity Holding Limited's ("Princess" or the "Company") net asset value increased by 0.3% to EUR 14.13 per share, total NAV at EUR 976.9 million

· Portfolio developments were positive (+0.7%) and currency movements were negative (-0.5%)

· Princess invested EUR 17.7 million and received distributions of EUR 29.0 million

In August, Princess invested a total of EUR 17.7 million, of which EUR 9.5 million was invested in VelocityEHS, a leading environmental, health, and safety ("EHS") and environmental, social and governance ("ESG") software platform based in the US. Partners Group acquired a significant minority stake in the company. Founded in 1996 and headquartered in Chicago, VelocityEHS is a Software-as-a-Service ("SaaS") platform offering products that help customers comply with a wide range of EHS laws and regulations, manage and reduce risk, and improve operational efficiency. VelocityEHS offers EHS software solutions that help customers across various use cases, including ESG management, Environmental Compliance, Safety, Ergonomics, Control of Work, Operational Risk, and Health. The company has over 18,000 customers, with a focus on serving the manufacturing, food & beverage, pharmaceuticals, and chemicals sectors. The EHS/ESG software market is benefitting from strong thematic trends such as growing pressure on companies to decarbonize and disclose environmental sustainability information, as well as an increasingly complex regulatory environment.

EUR 2.0 million was deployed as additional capital to Emeria (formerly known as Foncia), largely to support its acquisition of FirstPort, a UK residential property services company. FirstPort manages approximately 315,000 individual residential properties across 5,600 developments, up from 196,000 homes across 3,900 developments in 2019. Looking forward, FirstPort's existing management team remains focused on continuing to deliver exceptional customer service and further progressing the expansion of the company's service offering.

Princess received distributions of EUR 29.0 million during the month, of which EUR 25.4 million stemmed from an additional redemption from its investment in senior loans for liquidity management purposes. Following this transaction, Princess holds at the end of the month EUR 49.5 million of its investment portfolio in senior loans. EUR 3.2 million was received from the Company's direct investments. The remaining balance of EUR 0.4 million was received from Princess' mature legacy fund portfolio and private debt investments.

Further information is available in the monthly report, which can be accessed via: http://www.princess-privateequity.net/en/investor-relations/financial-reports/.

Ends.

About Princess

Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests, inter alia, in private equity and private debt investments. Princess is managed in its investment activities by Partners Group, a global private markets investment management firm with USD 131 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield. Princess is traded on the Main Market of the London Stock Exchange (ticker: PEY for the Euro Quote; PEYS for the Sterling Quote).

Contacts

Princess Private Equity Holding Limited:

princess@partnersgroup.com

www.princess-privateequity.net

Registered Number: 35241

LEI: 54930038LU8RDPFFVJ57

Investor relations contact

Sarah Page

Phone: +44 20 7575 2695

Email: sarah.page@partnersgroup.com

Media relations contact

Jenny Blinch

Phone: +44 207 575 2571

Email: jenny.blinch@partnersgroup.com

www.partnersgroup.com

This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Princess. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein are not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of Princess' website nor the contents of any website accessible from hyperlinks on Princess' website (or any other website) is incorporated into, or forms part of, this announcement.