Half Year Report 2021 - JAB Holding Company

Half Year Report 2021Table of Contents JAB at a glance 3 JAB Holding Company 4 Our Heritage 4 About JAB Consumer Fund 6 Our Investment Philosophy 8 Our People 17 Our Governance 20 Consolidated Management Report 21 Risk Management 22 Our Results 24 Interim Condensed Consolidated Financial Statements 26 Report of the Réviseur d’Entreprises agréé 56 JAB Holding Company S.à r.l. Half Year Report 2021 2JAB at a glance 1 $50bn+ $27bn JAB Managed Capital JAB Holding Company Net Asset Value A global Investment Firm, with a solid Our leading Investment Platforms investment grade rating, focused on the consumer goods and services sector Coffee & Fast-Casual Petcare Beauty & Indulgence Beverages Restaurants Luxury With a total Enterprise Value of $130bn+ JAB’s Managed Capital has significantly increased since its formation in 2012 JAB Total Managed Capital in $bn 75 CAGR +20% 50 25 S&P: BBB+ with stable outlook Moody’s: Baa2 with stable outlook - 2012 2013 2014 2015 2016 2017 2018 2019 2020 H1 20...