Oras Invest in brief

Oras Invest is a family-owned company with over 70 years of industrial entrepreneurship tradition. Its current industrial holdings are Oras Group, Uponor, Kemira and Tikkurila. At the end of 2017 the net asset value of Oras Invest totaled EUR 892 million.

Oras Invest holdings

www.orasgroup.com

www.oras.com

www.hansa.com

www.uponor.com

www.tikkurilagroup.com

www.kemira.com

Aggregate key figures 2017

Net sales
EUR 4.5 billion

People
13,283

Operating in
40 countries

Oras Invest key figures 2017

Net profit, EUR million 33.0 (28.7)

Shareholders’ equity, EUR million 592.6 (562.1)

Balance sheet total, EUR million 637.9 (630.1)

Equity-to-assets ratio 93% (89%)

Gearing 6% (12%)

Net asset value (NAV)*, EUR million 892 (945)

Total shareholder return (TSR) –5% (19%)

Loan-to-value ratio 5% (7%*)

*NAV= Market value of Uponor, Tikkurila and Kemira on December 31, 2018 Oras Group EBITDA × 8 – net debt

Oras Invest history

Industrial ownership

Purpose

Oras Invest focuses its ownership on industrial companies, which operate in the building and water industries. We develop our companies through active Board work and close cooperation with the management and other owners. Our aim is to create long-term sustainable value, which we measure by the development of our net asset value.

Vision

Oras Invest is and will remain in family ownership. We aspire to be the best owner of selected industrial companies, with long-term commitment. The companies under our ownership are the best long-term performers in their industries. They attract the most competent people and a committed owner base.

Taking the long view, with sustainable values

By COMMITMENT we express our long-term commitment to our companies and stakeholders; and to our family.

By VITALITY we demonstrate our aim to develop the business by seeking re-generation and innovative ownership ideas.

By ENDURANCE we state that there is continuity and competence in our work and we are driven by sustainable value creation.

OWNERSHIP cannot be claimed without an open and honest approach, respect for work and fair play. The responsibilities of
ownership are greater than its priviledges.

An active owner’s strategy

Committed ownership, long-term development and value growth are permanent factors of our strategy. We look beyond economic trends and work in close cooperation with the other owners, Boards, management and all interest groups.