Strategy

The main purpose of Chr. Augustinus Fabrikker is to generate returns with the aim of:

• Ensuring the Augustinus Foundation's capacity for grants and enabling the foundation's philanthropic work.
• Creating growth in the total balance value. Growth that is achieved by investing in primarily Danish companies, so they can be preserved and developed in local ownership. And at the same time create jobs and develop skills, which thus contribute to the welfare society and the business community.

The investment strategy is implemented by Chr. Augustinus Fabrikker investing actively in ambitious, attractive business models with a focus on a clear strategy, competent management and an expected return that matches the investment's risk profile.

We are committed owners with the freedom to place our investments where it maximizes value. Therefore, we can be patient owners with a focus on a stable and value-creating ownership of Danish companies, as well as being a catalyst for a short-term transformation, if that is the right thing to do. Our ownership is based on dialogue, trust and accountability, and we value decency, professionalism and integrity.

We respect the difference between being an owners, board and management. In the daily operations, we leave it to the managements to run the companies, but we make our experience and competencies available when courageous decisions are to be made or there is a need for changes.

Chr. Augustinus Fabrikker owns companies within a wide range of industries. Common for our ownerships are ambitions and unique business models. We see it as part of our ownership strategy to help the companies make bold and long-term decisions - even when it requires changes. When we invest in Danish companies with a view to engaged ownership, we take an active role in the company's value creation and strategic direction in collaboration with the company's employees and management.

Some of our ownerships we characterize as scale-investments, which are targeted at scale-up companies that have achieved proof-of-business and need capital to scale the business. By investing in the next generation of companies with roots in Denmark, we want to create jobs, innovation, technologies and an attractive value accretion.

Impact investments are a natural part of Chr. Augustinus Fabrikker's strategy. We believe that our ambitions to create returns can be combined with investing actively in a more sustainable future. We have allied ourselves with a number of professional private equity and venture capital funds with experience and insight to handpick companies and technologies with an Impact. Our current focus is broadly encompassing and covers social impact, climate, investments in developing countries and energy. In recent years, we have invested actively in this area and have plans for a continuous engagement in the strategy.

A significant part of our capital is invested in financial assets primarily in Denmark. We believe in active wealth management, and in the markets where we have the competencies and relations, we manage the investments ourselves. In other markets, we have close collaborations with professional and carefully selected external managers. We have financial placements in a wide range of asset classes and relate dynamically to the ongoing Asset Allocation.

We do not use proxy advisors and do not lend shares.