Majesco

Majesco — Merger or Acquisition (July 2020)

13 slides from Majesco's merger presentation, Jul 20, 2020

  1. Slide 1: Investor Presentation Update July 20, 2020

    InvestorPresentation Update July 20.2020

  2. Slide 2: Disclaimer

    © 2020 Majesco. Allrights reserved 2 Disclaimer: Thematerialinthispresentationisgiveninsummaryformanddoesnotpurporttobecomplete.Informationinthispresentation,includingforecastfinancial information,shouldnotbeconsideredasadviceorarecommendationtoinvestorsorpotentialinvestorsinrelationtoholding,purcha

  3. Slide 3: Cautionary Language Concerning Forward-Looking Statements

    © 2020 Majesco. Allrights reserved 3 CautionaryLanguageConcerningForward-LookingStatements Thispresentationcontainsforward-lookingstatementswithinthemeaningofthe“safeharbor”provisionsofthePrivateSecuritiesLitigationReformAct. Theseforward-lookingstatementsaremadeonthebasisofthecurrentbeliefs,expecta

  4. Slide 4: Agenda

    1. TransactionSummary 2. MajescoGroupLegalStructure 3. Current MarketCapitalization 4. TransactionValue 5. ValuerealizationtoMajescoLtdShareholders 6. UseofProceeds,ApprovalsandTimelines AGENDA

  5. Slide 5: Transaction Summary

    © 2020 Majesco. Allrights reserved TransactionSummary 5 Majesco (MJCO), subsidiary of Majesco Limited, has signed a definitive agreement to be acquired by Thoma Bravo, L.P., a leading private equity firm focused on the software and technology-enabled services sectors, in a transaction valuing the co

  6. Slide 6: Majesco Group Legal Structure

    © 2020 Majesco. Allrights reserved Majesco Group LegalStructure 6 MAJESCOLTD (BSE/NSE) 74.07% Promoters Public 61.77%38.23% Public 25.93% 8 Direct &Indirect Subsidiaries MAJESCO(MJCO) (NASDAQ) 100.00% NB : Shareholding shown based on outstandingshares Majesco Ltd owns 32.11 Mn shares in Majesco(MJCO

  7. Slide 7: Current Market Capitalization

    © 2020 Majesco. Allrights reserved Current MarketCapitalization 7 Current Market Cap of Majesco (MJCO) USD 331Mn Source: NSE,NASDAQ Based on closing price on17-Jul-20 Majesco (MJCO) -US-Market PriceData Unit Value Close Price on Nasdaq(17-July-2020) USD 7.64 52 week high /low USD 10.03 /4.57 30 daya

  8. Slide 8: Transaction Value

    TransactionValue PricePremiums Unit Value Transaction price pershare USD 13.1 % Premium to close price(17-July-2020) % 71.5% % Premium to 30 daysaverage % 74.0% % Premium to 3 monthaverage % 94.7% % Premium to 52 weekhigh/low % 30.6%/186.7% *Note: The terms EBITDA and Adjusted EBITDA are not defined

  9. Slide 9: Value Realization to Majesco Ltd Shareholders

    Value Realization to Majesco LtdShareholders Majesco Ltd (India) -Valuerealisation Unit Value Nos of Shares held inMJCO NosMn 32.11 Price Offered pershare USD 13.1 Value to Majesco Ltd(Pre-tax) USDMn 420.7 Value to Majesco Ltd(Pre-tax) INRMn 31549 Current Market Cap(17-July-2020) INRMn 10576 Differe

  10. Slide 10: Use of Proceeds, Approvals and Timelines

    © 2020 Majesco. Allrights reserved Use of Proceeds, Approvals andTimelines Use ofProceeds KeyApprovals The Company intends to distribute entire proceeds from the sale of its stake in Majesco (MJCO) (net of taxes, transaction costs and other expenses to be incurred during the intermediary period), to

  11. Slide 11: Appendix

    © 2020 Majesco. Allrights reserved Appendix 11

  12. Slide 12: Reconciliation of Adjusted EBITDA to Net Income

    © 2020Majesco. All rightsreserved Reconciliation of Adjusted EBITDA to NetIncome FY19 NET NET CAS CAS H/ H (DEBT) P OSITI TI ON ON 12 FY20 Add:ExceptionalItems:M&ACosts $0.4M $0.0M $0.7M Add: StockBased Compensation $2.9M $1.6M $2.9M Less:Reversalofaccrualforcontingent liability $(0.8)M $0.0M $(2.8)

  13. Slide 13: Thank You

    © 2020 Majesco. Allrights reserved ThankYou 13

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