Nagarro Se · XETR:NA9
Nagarro — Shareholder Meeting (June 2023)
30 slides from Nagarro's shareholder meeting presentation, Jun 21, 2023
Slide 1: Nagarro SE Annual General Meeting
Munich, June 21, 2023 Nagarro SE Annual General Meeting
Slide 2: Carl Georg Durschmidt
Carl Georg Durschmidt Chairperson of the Supervisory Board of Nagarro SE
Slide 3: Agenda
1. Welcome and general remarks 2. Annual financial statements, consolidated financial statements and combined management report for the fiscal year 2022 3. Report of the Management Board 4. Report of the Supervisory Board 5. Presentation of the candidates for the Supervisory Board 6. General debate
Slide 4: Report of the Management Board
Report of the Management Board Manas Human Chairperson of the Management Board of Nagarro SE
Slide 5: Slide 5
Slide 6: Slide 6
Slide 7: Revenue, gross margin, adjusted EBITDA margin
revenue gross margin adj. EBITDA margin
Slide 8: Revenues, gross profit and adjusted EBITDA
Revenues Gross profit Adjusted EBITDA €m €m €m 148.5 856.3 86% increase 57% increase 247.1 60% increase 79.7 546.0 154.4 2021 2022 2021 2022 2021 2022
Slide 9: Revenues and gross margin by region
Revenues €m Gross margin 2021 2022 2021 2022 2021 2022 2021 2022 Central Europe North America Rest of Europe Rest of World
Slide 10: Cash, working capital, non-current liabilities to banks
cash working capital non-current liabilities to banks
Slide 11: Customer satisfaction, large clients, professionals
customer satisfaction score 159 clients > €1 million in 2022 revenue 18,250 professionals
Slide 12: Qualitative transformation in 2022
2 @ Qualitative transformation in 2022
Slide 13: 2022 key metrics
revenue cash customer satisfaction score gross margin working capital professionals adjusted EBITDA non-current liabilities to banks
Slide 14: 2023 targets and ESG plans
revenue gross margin adjusted EBITDA margin ESG plans: SBTi commitments, alignment with GRI
Slide 15: Revenue and adjusted EBITDA growth 2017-2023
12% 12% 14% 18% 15% 17% ~15% 940 148 CAGR 28% 856 CAGR 33% (2017-23) (2017-23) 546 80 76 430 402 58 287 211 34 26 2017 2018 2019 2020 2021 2022 2023 2017 2018 2019 2020 2021 2022 2023 Adjusted EBITDA is calculated according to economic criteria and is independent from IFRS rules. Nagarro SE’s post-s
Slide 16: Outlook: the AI race should drive growth
Outlook The “Al race” should drive the next phase of growth We target medium-term organic revenue growth of over 20%. We plan to use this opportunity to move up the value chain. A - ITTTI
Slide 17: Outlook: adjusted EBITDA margin target
Outlook | ONS) We targeta sustainable Adjusted EBITDA margin of at least 18% Operating leve rage for 2026 and beyond, driven by: should lift margins * Growth at existing clients , » Maturing industry expertise * Improving brand recognition
Slide 18: Our continued focus
Our continued focus ® « Adifferentiated experience for clients, talent and entrepreneurs joining us » Automation-driven agility and entrepreneurship in a robust framework . * Expansion of, and into, our global blue-chip customer base * Synergistic M&A and integrations * Staying receptive to investor
Slide 19: Report of the Supervisory Board
Report of the Supervisory Board Carl Georg Durschmidt Chairperson of the Supervisory Board of Nagarro SE
Slide 20: Presentation of the candidates for the Supervisory Board
Presentation of the candidates for the Supervisory Board Christian Bacherl Vishal Gaur
Slide 21: General Debate
General Debate
Slide 22: Voting on agenda items 2-9
Voting on agenda items 2-9
Slide 23: Resolution proposals: discharge of boards
Please note: The following resolution proposals are only for your information. Only the resolution proposals published in the Federal Gazette on May 10, 2023, as submitted to voting by the chairperson of the meeting are decisive. The Management Board and the Supervisory Board propose that the member
Slide 24: Appointment of auditor
Based on the recommendation of its Audit Committee, the Supervisory Board proposes to appoint LOHR + COMPANY GmbH Wirtschaftsprüfungsgesellschaft, Düsseldorf, as auditor of the annual financial statements and as auditor of the consolidated financial statements for the financial year 2023 as well as
Slide 25: Remuneration report and Supervisory Board size
The Management Board and the Supervisory Board propose to approve the remuneration report of Nagarro SE for the financial year 2022 prepared in accordance with Section 162 AktG and audited by the auditor. The Supervisory Board shall be extended from three to four members. The Management Board and th
Slide 26: Election of Supervisory Board members
The Supervisory Board proposes to elect Mr. Christian Bacherl to the Supervisory Board. The Supervisory Board proposes to elect Mr. Vishal Gaur to the Supervisory Board.
Slide 27: Articles of Association: virtual General Meeting
The Management Board and the Supervisory Board propose to resolve as follows : 8.1 The heading in Section 21 is amended as follows: "21. Voting rights, proxy voting, absentee voting, online participation, virtual General Meeting" 8.2 Section 21 is amended by the following new paragraph 5: "21.5. The
Slide 28: Articles of Association: Supervisory Board participation by video
The Management Board and the Supervisory Board propose to resolve as follows: Section 21 of the Articles of Association shall be amended by the following new paragraph 6: "21.6 Members of the Supervisory Board shall be permitted to participate in the General Meeting by means of video and audio trans
Slide 29: Announcement of the voting results
Announcement of the voting results
Slide 30: Thank you for your participation!
Thank you for your participation!