Strategic Private Market Positions

The Group establishes strategic positions in selected private companies, publicly listed equities, and investment funds through structured arrangements aligned with long-term institutional objectives. These positions reflect the Group’s investment fund–style approach, rather than a traditional holding company model, emphasizing strategic alignment and long-term value creation. Investments are formed through careful evaluation of governance alignment, ownership structure, and long-term value potential. Engagement is defined by stewardship and oversight, supporting sustainable development while preserving institutional discipline. Each position contributes to the Group’s broader capital architecture, reinforcing continuity and strategic alignment across its private market and public investment exposure.