Slide 1: 2015 Half-year results
CECOMOCOTT) 2015 Half-year results 4 September 2015
Slide 2: Econocom speakers
Econocom speakers Bruno Lemaistre Executive Director Chief Operating Officer Jean-Philippe Roesch Executive Director Support functions tl Bruno Grossi Executive Director Strategy, Acquisitions & Communication Galliane Touze Company Secretary in charge of Finance
Slide 3: Key figures and H1 highlights
Key figures and H1 highlights } A halfyear of targeted investments } 2015 halfyear results © Outlook for 2015 2
Slide 4: Econocom
Econocom A European company specialising in the digital transformation of businesses 19 countries on ology assets managed AO years’ experience _, €2.1Bn “revenue in 2014 + O,500 employees 3
Slide 5: How to support the digitalisation of businesses and customer relations?
How to support the digitalisation of businesses and customer relations?
Slide 6: A bank that's ultra-connected to its clients
Econocom A bank that’s ultra-connected to its clients Econocom assisted the Crédit Agricole tle-de-France bank in modernising its branches and customer experience by advising them and supplying, installing and providing maintenance for the digital and multimedia equipment at all its branches in the
Slide 7: Key figures and H1 highlights
OT Key figures and H1 highlights
Slide 8: Key figures: revenue and recurring operating profit
€1.1 Bn revenue €43.4 M recurring operating profit* Operating profit + 15%, 13% of which is organic + 35% in restated data €40.3M > Overall dynamic across all activities and geographical areas > Doubledigit rise > Nor-recurring expenses limited to €1M in ROP across all core businesses Investments in
Slide 9: Building a galaxy focusing on areas of expertise
o1 Key fig nd highlights Building a galaxy focusing on 4 areas of expertise Security digital dimension bizmatica Web & mobile apps Digital solutions High-level infrastructure & IT consulting
Slide 10: Key figures and highlights targeted investments during the first half
01 Key figures and highlights 7 targeted investments during the first half digital transformation solutions* consulting Security DIGITAL SECURITY ALTER WAY NEXICA CLESYS BIZMATICA NORCOD €5/7 annual revenue T% operational profitability around 400 employees
Slide 11: A half-year of targeted investments
O4 A halfyear of targeted investments
Slide 12: Enhancing our security expertise
of targeted investments Enhancing our security expertise DIGITAL SECURITY CYBER SECURITY FOR loT 2015: created Europe’s 15t dedicated lol CERT 55%: Econocom's stake CLESYS SYSTEM AND NETWORK ARCHITECTURE SECURITY 2005: created 6 ME€ 2014 revenue 55 engineers 100%: Econocom's stake 11
Slide 13: Security for the highly sensitive banking world
Security for the highly sensitive banking world CLESYS helped one of Europe’s largest financial establishments in ensuring security for its IT infrastructures. CLESYS tested, measured and optimised the client’s systems performance via a dedicated, in-house team. A comprehensive, ongoing system for r
Slide 14: Expanding in the application and web market
o2 A half-year of targeted investments Expanding in the application and web market ALTER WAY 1 OPEN SOURCE SERVICE PROVIDER ' 1999: created €11 M 2014 revenue ' 120 employees 64%: Econocom's stake Best global partner: 2015 Microsoft Open Source on Azure BIZMATICA WEB & MOBILE BUSINESS APPLICATIONS 2
Slide 15: Guaranteeing performance and security for Prisma Media Group's websites
Guaranteeing performance and security for Prisma Media Pt Group’s websites GROUPE PRISMA MEDIA Alter Way provided hosting and outsourcing for Prisma Media’s critical websites (Gala, Voici, Femme Actuelle, Géo, Télé Loisirs, VSD, etc.) and addressed its needs in terms of high availability and high tr
Slide 16: Growth: first step: BIZMATICA
growth: first step: BIZMATICA
Slide 17: Digital Dimension continues to deploy its marketplace for digital solutions
o2 A half-year of targeted investments Digital Dimension continues to deploy its marketplace for digital solutions NEXICA CRITICAL APPLICATION HOSTING, CLOUD EXPERTS 1999: created in Spain €9 M 2014 revenue 80 employees 100%: Digital Dimension's stake NORCOD DEPLOYMENT OF CONNECTED SOLUTIONS 1999: c
Slide 18: Simpler HR management for Total in Asia
Simpler HR management for Total in Asia Total chose ARAGON-eRH’s OneAragon solution to simplify and harmonise human resources management for its refining/marketing division in Asia. Rolled out in record time across the various sites, the HRIS solution addressed all the group’s IT requirements. Gradu
Slide 19: Increased added value in consulting
Increased added value in consulting HELIS CRITICAL INFRASTRUCTURE CONSULTING 2005: created + €8 M 2014 revenue 50 consultants 45%: Econocom's stake ie ‘Sortie
Slide 20: HELIS working with the SNCF's IT department
Since 2008 HELIS has been working closely with the SNCF’s IT department to help the company build and improve its service offering* Helis’ consultants and experts worked with SNCF’s onsite teams in order to define needs and devise the best business and technical offerings and solutions Developed a p
Slide 21: Financial results
02 Financial results ,
Slide 22: Half-year revenue
Halfyear revenue al ry Growth in revenue r a + 15% : Rise in organic growth Reported Restated
Slide 23: Organic growth across all businesses
Financial results Organic growth across all businesses Technology Products Management & & Solutions Financing Services 1,1
Slide 24: An overall dynamic across all geographical areas
03 Financial results An overall dynamic across all geographical areas France Southern Europe Benelux Rest of the world €1,122M
Slide 25: Growth supported by cross-business line digital offerings
03 Financial results Growth supported by the success of cross-business line digital offerings MULTI-BUSINESS LINE REVENUE 7 €79M hi 2014 €133 M hi 2015 Multi-business line solutions: + 68% 12% H1 2015 revenue Growth driven by multi-business digital solutions: x2.9 vs. H1 2014 24
Slide 26: A balanced, differentiating business mix
Financial results A balanced, differentiating business mix 19% business mix hia 2015 HB Technology Management & Financing Hf France IB Southern Europe I Services WB Benelux Rest of the world Hi Products & Solutions A 12s
Slide 27: Recurring operating profit
*Before amortisation of the ECS customer portfolio and the Osiatis brand (€2.1 M in H1 2015 vs. €1.5 M in H1 2014 **Financial operating profit restated as financial expenses/IFRIC 21/ for. discontinued operations (Services Germany)/Interadapt (Brazil)
Slide 28: Increased recurring operating profit across all businesses
Financial results Increased recurring operating profit across all businesses Technology Products Services Management & & Solutions Financing
Slide 29: Technology Management & Financing
03 Financial results Technology Management & Financing Contract portfolio €5.2 Bn €2.3 Bn €93 M Wh outstandings purchase price residual interest* (estimated value of assets at the expiry of the lease contract. coxnd> 15% organic growth in revenue to €567 M Growth supported by EDFL: 5% of H1 revenue
Slide 30: Services
organic growth in €4.4 M strategy Lenovo • • ° • •
Slide 31: Services: revenue and recurring operating profit
Services Revenue up to €344 M: 9% growth, 2% of whichis organic The satellites contributed €44 M to consolidated revenue for the first half Over 7,000 employees Recurring operating profit: €13.6 M, up 12% y of the lease contract Increasing our expertise in high-growth, high-margin sectors: * Creatin
Slide 32: Consolidated half-year income statement
03 Fina Consolidated halfyear income statement In €M h1 2014. f1 2014 Reported Restated Revenue 972.2 9738 Sharp rise in operating profit: +61% eau SpesTetting (oat 2015 32.1 Non-recurring expenses limited to €1.1 M Recurring operating profit 29.1 30.6 . Financial expenses reduced due to Non-recurri
Slide 33: Consolidated balance sheet on June 2015
ult: 03 F cial Consolidated balance sheet on 30 June 2015 ASSETS (in €M) 3122014 31122014 (Ep = EQUITY & LIABILITIES (in €M) 3122014 31/12/2014 Reported Restated Reported Restated Equity attributable to owners of the 355) 5a parent Goodwill 381 381 Nom-controlling interests 19 19 Leasing residual in
Slide 34: Net book debt
Net book debt • • *Impact on cash of exceptional costs **Net of sales made for the exercise of options
Slide 35: Change in net book debt over the full year
Change in net book debt over the full year Net book debt 30/06/14 4 Operating cash flow +115, -20 Non- recurring items” EDFL *Impact on cash of exceptional costs **Net of sales made for the exercise of options Financial expenses & Taxes a9 CAPEX 52 Treasury share buyback" 44 M&A Strong generation of
Slide 36: Net book debt structure on June 2015
03 Financial results Net book debt structure on 30 June 2015 Gross treasury 132 -51 Short-term credit lines & bank debts “54 Contracts and receivables refinanced with recourse ~170 ORNANE Net debt 30/06/2015 251 Euro PP 101 Other debts 7 A ed Successful issue of a €101 M bond loan (Euro PP): ° €45.5
Slide 37: Change in ownership structure
Financial results Change in ownership structure A1% Hi Companies controlled by JL Bouchard fl Floating shares WB Treasury shares Treasury shares increased to 3.73% Three shareholders have over 5%, excluding the controlling shareholder: * Butler Mgt * AXA * Kabouter (American investment management fi
Slide 38: Outlook
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Slide 39: 2015 guidance confirmed
Thanks to the satisfying results and a third quarter that is set to match expectations, Econocom can: * Confirm its 2015 guidance: Another year of organic growth in revenue and a rise in recurring operating profit and net earnings per share * Expect a sharp rise in restated net earnings per share
Slide 40: Continuing the targeted investment strategy in key sectors and geographical areas
Continuing the targeted investment strategy in key sectors and geographical areas Security Digital solutions eau ~—sC=Benelux | France Web & mobile apps High-level infrastructure & a Spain t Italy IT consulting In July Digital Dimension acquired SynerTrade, the European leader in cloud-based eProcur
Slide 41: Objectives of the Mutation 2013-2017 Plan confirmed
- ~ fame = se np ek Objectives of the Mutation 2013-2017 Plan confirmed: oe 4 eT | ° e oe €3 billion €150 M wa [ee revenue Recurring operating profit ~ ~ a Zyyon owe
Slide 42: Outlook: consolidated growth in revenue
04 Outlook Consolidated growth in revenue Rise in pro forma revenue €3.0Bn €2.6 Bn €2.3 Bn €2.1Bn €1.77 Bn €1.54 Bn socsessssssunsnsunsnssnsninunesnunonanenansinaniunsnisnsnisannisaenisasnisanisasisseissanissanisasiiusnniusuiusniunaniuaniussnissssiussiiusnnusniusnisassisaseiunsesusseeaseusseseee ° 2
Slide 43: Outlook: growth in recurring operating profit
04 Outlook Growth in recurring operating profit Rise in pro forma recurring operating profit €150 M €125 M €110 M €95 M €89 M €74 M 2012 2013 2014 2015 2016 2017 Reported Reported Reported
Slide 44: Outlook
04 Outlook Present in high growth potential markets Technological expertise and financial innovation for a unique offering Attractiveness increased by the group’s new size and image in the Services industry Solid financial structure, a balanced risk profile and strong cash flow generation A leading
Slide 45: Be aware, be the boss
BE AWARE BE THE BOSS OF THE OPPORTUNITY OF YOUR CAREER
Slide 46: Econocom
CECOMOCOTT)