2021 - The SiLLC Assembly

March 07, 2022 Bradenton, Florida – PRELIMINARY STATEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2021

Please note that this brief update includes forward-looking statements about our assembly’s prospects, goals, strategies, anticipated financial performance, and the projected impact of the coronavirus on our projects and investments.

Please understand that forward-looking statements are only estimates of future performance and should be treated as such. The forward-looking statements reflect only the assembly’s management’s expectations as of today, and the assembly disclaims any obligation to update them.

*** Good finish to a year of strong growth and business development ***

Markus Schronen, Board Chair and Assembly Consultant, stated: “We ended the year with strong growth across our business. In 2021, we achieved excellent overall growth, which was significant for The SiLLC Assembly from a strategic perspective. We continued to enhance our position with a number of strategic portfolio developments while expanding our footprint to support our growth ambitions.

Despite acknowledging that the current market environment and inflationary pressures present challenges across industries, The SiLLC Assembly is better positioned and more resilient than ever as we enter a new strategic cycle.”

The SiLLC Assembly announced a number of important investments in the year aligned with our strategic priorities and key growth segments.

To continue to capitalize on growth opportunities and further support digital transformation, the SiLLC Assembly will continue to increase investments from 2022 onwards.

Based on its strong balance sheet and financial strength, the SiLLC Assembly will continue to implement its capex strategies. Additional investments will remain an integral part of the assembly’s growth strategy.

The business ended 2021 in good health. The post-pandemic environment, along with inflationary and macro-economic pressures, as well as the current tensions in Ukraine, will continue to be digested by investment markets, but the SiLLC Assembly is in a robust position to implement investment systems capabilities in 2022 and explore further opportunities to drive growth.

Disclaimer

This document contains forward-looking statements based on the current estimates and assumptions made by the assembly team of SiLLC. These statements use words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, forecast, and similar formulations, but they should not be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results achieved by SiLLC and its affiliated groups depend on several risks and uncertainties, and may, therefore, differ materially from the forward-looking statements. Many of these factors are outside SiLLC’s control and cannot be estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. SiLLC does not plan or undertake to update forward-looking statements.

All transactions are carried out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. It contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results, and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, market and economic conditions, estimates, projections, opinions, and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements, case studies, or forecasts. All references to SiLLC’s advisory activities relate to SiLLC International.

Feb 19, 2021 Sarasota, Florida U.S.A. – SiLLC continues to drive sustainable profitable growth

Please note that this update contains forward-looking statements regarding our assembly prospects, goals, strategies, anticipated financial performance, and the anticipated impact of the pandemic on our projects and investments.

Please understand that forward-looking statements are only estimates of future performance and should be taken as such. The forward-looking statements represent assembly management’s expectations only as of today and the assembly disclaims any obligation to update them.

Preliminary results for 2020 show that despite significant headwinds, SiLLC Assembly delivered good performance. To capture growth opportunities in consumer businesses and support digital transformation, SiLLC will be stepping up investments in brands and innovations from 2021 onwards. Additionally, the mid-to-long-term financial ambition for 2021 and beyond reinforces the company’s commitment to delivering profitable growth. SiLLC will continue to mainly invest in innovative brands, technologies, innovations, and key markets, without changing its overall investment strategy.

Outlook for 2021

SiLLC expects the market environment in 2021 to remain challenging and uncertain, with mixed dynamics and continued headwinds. Despite the difficult environment, SiLLC’s Assembly team keeps a tight focus on every market and technology movement, recognizing that old school wisdom may not always be valid in evolving technology sectors.

Mid- to long-term financial ambition for 2021 and beyond

SiLLC remains committed to generating sustainable profitable growth and attractive returns, which is reflected in the Assembly’s expanded mid-to-long-term financial ambition for 2021 and beyond. SiLLC will continue to focus on portfolio expansion and maintaining a positive cash flow sheet, building on its achievement of paying back all debt in 2020. The Assembly will also maintain strict cost discipline and ROI focus.

Based on its strong balance sheet and financial strength, SiLLC will continue implementing its capex strategies, with additional investments remaining an integral part of the Assembly’s growth strategy.

SiLLC’s Assembly team leader, Martin Schuetz, is confident that the company is on the right track and well-positioned for the future, with a clear strategy and a strong team. The Assembly will continue to increase investments in leading brands and technologies, innovation, and digitalization while reinforcing its commitment to sustainable profitable growth.

Disclaimer