NBPE Announces June Monthly NAV Update

Neuberger Private Equity Partners (NBPE), the $1.1bn, FTSE 250, listed private equity investment company managed by Neuberger, today announces its 30 June 2026 monthly NAV estimate.

NAV Highlights (30 June 2026)

NAV per share was $27.48 (£20.70), a USD total return of 1.0% in the monthApproximately 11% of valuation information based on 30 June 2026 private company valuations or quoted holdings; additional Q2 private company valuation information is expected in the coming weeksOn a pro forma basis for 2026, including expected realisations from announced but not yet closed transactions, NBPE’s total realisations would be $146m~691k shares repurchased (cost of ~$13.5 million) in June 2026 at a weighted average discount of 27% resulting in ~$0.13 NAV per share accretion in the month$104 million committed to new investments year-to-dateContinued balance sheet flexibility with $206 million of available liquidity at 30 June 2026As of 30 June 2026YTD1 Year3 years5 years10 yearsNAV TR (USD)* Annualised0.0%1.0%7.0%2.3%13.1%2.5%158.9%10.0%MSCI World TR (USD)* Annualised9.9%21.8%71.7%19.8%76.1%12.0%261.0%13.7%Share price TR (GBP)* Annualised(8.7%)6.2%10.4%3.4%29.7%5.3%194.8%11.4%FTSE All-Share TR (GBP)* Annualised7.2%21.9%53.1%15.3%67.9%10.9%129.8%8.7%

• All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

Portfolio Update to 30 June 2026

NAV performance during the month primarily driven by changes in private company valuations and quoted holdings

1.2% NAV increase ($13 million) from updated private company valuation information0.2% NAV increase ($2 million) from quoted holdings(0.6%) NAV decrease ($7 million) from foreign exchange movements(0.3%) NAV decrease ($3 million) attributable to expense accruals0.5% NAV increase attributable to share buybacks$35 million of realisation proceeds received in June 2026; total announced realisations of $146 million$35 million of realisation proceeds received during June 2026, consisting of cash received from the previously announced partial exit of Osaic, the partial exit of one undisclosed investment, the full exit of an undisclosed healthcare company (in-home devices), as well as other partial realisations from several quoted and private companiesOn a pro forma basis for 2026, including expected realisations from announced but not yet closed transactions, NBPE’s total realisations would be $146m$104 million committed to six new investments year-to-date$104 million committed to six new investments year-to-dateAdditional $10 million of follow-on investments to existing portfolio companies year-to-dateContinued buybacks in June 2026~691k shares repurchased in June 2026 at a weighted average discount of 27%; buybacks were accretive to NAV by ~$0.13 per shareYear-to-date, NBPE has returned $74 million to shareholders through dividends and buybacksWell positioned to take advantage of opportunities with $206 million of total liquidity at 30 June 2026$31 million of cash and liquid investments with $175 million of undrawn credit line availableInvestment level of 109%Will continue to balance the pace of new investments with realisations and returns of capital to shareholders