I N V E S T O R ' S DAY

D E C E M B E R 5 T H , 2 0 2 2

H I G H L I G H T S

Change of business model completed -- exit from operating businesses and transformation into an investment holding

De-leverage completed -- Youngtimers 6 months results and key events after reporting date

Deal flow and investment criteria

YOUNGTIMERS AG

B U S I N E S S M O D E L

01 In early 2022 in response to war escalation in Europe Youngtimers board voted for the change of business strategy and exit from the business of collectibles and from all loss making operating companies

YOUNGTIMERS AG

B U S I N E S S M O D E L

02 During 2022, Youngtimers divested all operating companies including Alti Wine Exchange, Petrolicious, and Garage Italia group with the last entity Garage Italia Customs being deconsolidated in December 2022

YOUNGTIMERS AG

B U S I N E S S M O D E L

03 Youngtimers enters 2023 as an investment holding company focused on special situation investing in structured products and listed equities of European media, luxury, and ecommerce companies

YOUNGTIMERS AG

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Youngtimers AG published this content on 06 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2022 10:31:01 UTC.