We are delighted to be able to report that on 9 September 2019, QIF II acquired an interest in Born05 Group BV. Born05 Group consists of a series of agencies including Born05 and Newborn. Born05 is a digital agency that has become one of the Netherlands most pioneering digital agencies by successfully linking consumers and brands. By mapping out and optimising the contact moments between consumers and brands, the optimum brand experience is created, and numerous long-term relationships have been established, with triple-A brands. Newborn is a venture studio, that guides start-ups and corporate ventures through the initial growth stages. Over the coming period, we are looking forward to joining the founders and management in achieving their ambitious growth targets.