Partners Grp Regulatory News (PEYS)

(LSE: PEY/PEYS)

Partners Group Private Equity Limited

NAV decreased by 2.4% in January 2026

· NAV decreased to EUR 12.69 per share, corresponding to EUR 867.36 million

· Portfolio revaluations (-1.6%) and unfavorable currency movements (-0.6%) weighed on NAV

· PGPE Ltd received distributions of EUR 3.8 million and invested EUR 3.3 million during the month

In January, the NAV of PGPE Ltd declined by 2.4%. This was driven by the revaluation of listed holdings, such as Vishal Mega Mart ("Vishal"), a leading retailer in India, and Galderma, a pure‑play dermatology category leader, with both companies otherwise continuing to perform well operationally. Vishal remains operationally resilient despite short-term market volatility. Meanwhile, Galderma delivered strong performance in 2025, supported by record net sales growth across major product categories and geographies.

Further at a portfolio level, Rosen Group ("Rosen"), a global market and technology leader in mission-critical inspection services for energy infrastructure assets, was a positive contributor during the month. This reflected Rosen's consistent financial performance and continued progress on operational transformation, including implementation of digital tools and organizational upgrades aligned with its ambition to further strengthen its position in data-enabled pipeline integrity management.

In terms of investment activity, PGPE Ltd invested EUR 3.2 million in a leading manufacturer of submetering devices serving submetering services providers in Europe. Its portfolio includes devices and connectivity components that allow consumption data to be captured and read remotely in multi-occupancy buildings.

Software exposure in PGPE Ltd's portfolio remains deliberately underweight relative to the broader industry, reflecting the Investment Manager's disciplined focus on selective business models that combine resilience with attractive long‑term economics. PGPE Ltd maintains a conservative allocation of less than 10%* to software, with broad diversification helping to shield the portfolio from recent volatility across the sector. This measured positioning ensures that software contributes to the long‑term growth of PGPE Ltd, while maintaining balance across economic cycles.

In early March, the Middle East saw a sharp escalation in regional tensions. While the situation continues to evolve, the Investment Manager's current assessment from an investment perspective indicates that the portfolio has negligible exposure to the region. The Investment Manager does not expect the situation to have a material direct impact on the portfolio at this stage and will continue to monitor developments closely.

*Software exposure falls under the broader category of Information Technology.

Ends.

About Partners Group Private Equity Limited

PGPE Ltd is an investment holding company founded in 1999 and domiciled in Guernsey. It invests in private equity direct investments. PGPE Ltd is managed in its investment activities by Partners Group, one of the largest firms in the global private markets industry, with USD 185 billion in investment programs under management in private markets, of which USD 86 billion is in private equity. Partners Group itself is listed on the Swiss Stock Exchange (ticker: PGHN). PGPE Ltd aims to provide shareholders with long-term capital growth and an attractive dividend yield. PGPE Ltd is traded on the Main Market of the London Stock Exchange (ticker: PEY for the Euro quote; PEYS for the Sterling quote).

Contacts

Partners Group Private Equity Limited:

pgpe-ltd@partnersgroup.com

www.partnersgroupprivateequitylimited.com

Registered Number: 35241 LEI: 54930038LU8RDPFFVJ57

Notes:

1. Note that references in this announcement to Partners Group Private Equity Limited have been abbreviated to "PGPE Ltd" or "the Company". References to Partners Group AG have been abbreviated to "Partners Group" or "the Investment Manager".

2. 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 Partners Group Private Equity Limited. 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.

3. 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 PGPE Ltd's website nor the contents of any website accessible from hyperlinks on PGPE Ltd's website (or any other website) are incorporated into, or form part of, this announcement.