HAL Trust (HAL) AGM 2025 presentation summary

Current developments

• Executive and Supervisory Boards highlighted, with management moved to Rotterdam.

• General Meeting agenda includes board reports, financial statement approval, and board appointments.

Key financial results

• Net asset value rose from €13,563 mln in 2023 to €15,501 mln in 2024, reaching €15,576 mln in Q1 2025.

• Net income increased to €1,210 mln in 2024.

• Cash dividend per share proposed at €2.90 for 2024.

Investments

• €900 mln invested in 2024, including increased stakes in Boskalis, Koppert, Coolblue, Technip Energies, and Vopak.

• Smit Lamnalco stake increased to 100%, ALP Maritime received €140 mln preferred capital.

• Siltronic investment at 15.1% valued at €282 mln.