Slide 1: Seek Reinvention
Seek Reinvention F1Q23 Investor Presentation
Slide 2: Investment highlights
Investment highlights Pure play in the digital Global presence, leveraging and cognitive space next-gen software and the right talent and skills Organized into Studios, Strong set of Accelerators delivering domain expertise in that leverage AI and other emerging technologies and technologies to rein
Slide 3: Market Opportunity / Resilient Business Model
Market Opportunity Resilient Business Model On top of ongoing digital trends, the recent By 2026, the need to increase resiliency will drive pandemic has proven that digital large enterprises to create new digital business transformation is imperative for any business: models and digital products/se
Slide 4: Artificial intelligence software revenue to reach $59.8 billion
$60B 85% $6.3T Artificial intelligence software of CEOs reported increased By 2024, digital revenue to reach $59.8 billion investments in digital capabilities and transformation worldwide by 2025 77% are increasing investments in IT spending will make up Source: Tractica Source: Gartner CEO Survey:
Slide 5: This is Globant
YoY: 37.3% This is Revenue Trajectory ($M) CAGR 31.5% 26,000+ Globers employees 5,000+ 1,000+ 2010 2015 2023 Case Studies & Recognitions 2006 2009 2014 2017 2019 2020 2021 2022 2003 Founded Signed Studios Listed on Recognized as a 2017 BeKind Recognized as a Crossed $1B in Consolidated our Google la
Slide 6: Some of the clients we work with
Some of the clients we work with: 6
Slide 7: Our Innovative Solutions
Our Innovative Metropolitan Police OpenBank Solutions To improve public access to the Metropolitan Creating the first true Police, we helped build digital bank offering a an online system to highly personalized, reduce response times exclusively digital by 44%. banking. Autodesk EA Royal Caribbean L
Slide 8: Our Studio model fosters creativity and innovation
Our Studio model fosters creativity and innovation. These 36 deep pockets of expertise on the latest technologies and trends deliver tailored solutions for specific challenges. 8
Slide 9: Our Studio model fosters creativity and innovation
Our Studio model fosters creativity and innovation. These deep pockets of expertise on the latest technologies and trends deliver tailored solutions for specific challenges. Industry Reinvention Studios We leverage deep industry expertise to disrupt categories, reinvent businesses and unlock explosi
Slide 10: Gain a Fast-Pass for your digital transformation journey
Gain a Fast-Pass Automate code comprehension for your digital transformation journey Turn every lead into Software X a customer Automate visual testing Code faster, better, smarter Automate code evolution We act as an Entrepreneurial Engine Business X that productizes our Globerpreneurs’ Become a fi
Slide 11: Globant recognized as Company of the Year for Digital Transformation Services
Globant recognized as Frost & Sullivan’s Company of the Year Award is its top honor and recognizes the market Company of the Year for participant that exemplifies visionary innovation, market-leading performance, and unmatched Digital Transformation Services customer care in its industry. By Frost &
Slide 12: Global autonomous Culture
Global autonomous Culture Our global delivery centers are successful thanks to a strong and autonomous culture that runs through every Glober. Our Agile Pods Model aims to better Our Inverted Org Chart with the Our StarMeUp platform creates an align business and technology Pods at the front and cent
Slide 13: Our global, diverse, and inclusive talent pool
NORTH LATIN MENA & EUROPE ABOUT GLOBANT AMERICA AMERICA APAC Canada Argentina Belarus Australia Our global, United States Brazil Bulgaria Hong Kong India Chile Denmark diverse, and Colombia France Saudi Arabia inclusive Costa Rica Germany talent pool Ecuador Mexico Italy Luxembourg We take pride in
Slide 14: Global delivery model
Global delivery model Total Headcount Geographic dispersion (%) Country Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Mar-23 Colombia 8 11 15 21 25 27 23 23 22 21 Argentina 69 57 49 39 34 30 30 23 20 20 India - 9 8 10 12 10 11 15 16 16 Mexico 4 6 7 9 10 11 12 14 13 13 Peru 2 1 1 1 1
Slide 15: ESG Approach
ESG Approach Our purpose is to make the world a better place, one step at a time. Integrated Report published annually. Committed to seven SDG’s. Sustainability Yearbook Member (by S&P). Silver recognition level at Ecovadis. Be kind is our sustainability strategy for the next years. 15 Note: SDG: Su
Slide 16: ESG Approach
ESG Approach Governance Data Privacy & Security Board of Directors: Consisting of 9 diverse Globant Cybersecurity Strategy: GDPR and LGPD members who are elected on a staggered assessment has been concluded on December 2021. basis. New charter approved to take into CCPA assessment is still ongoing.
Slide 17: We create our own way forward in a sustainable way
We create our own way forward in a sustainable way. Be Kind to Yourself ● 100% of our Globers worldwide impacted with a comprehensive wellness plan Be Kind to your Peers ● 50% women and non-binary people in management positions ● Grant coding scholarships to 15,000 people by 2025 Be Kind to Humanity
Slide 18: Globant Ventures investments
We invest in visionary and purpose-driven entrepreneurs seeking to reinvent business while creating synergies Investments ranging from a crowd-sourced Investments ranging from an RPA + AI business platform for marketing intelligence to the Best process automation solutions to a startup that with Glo
Slide 19: Financial Review
X oe aS ——— Financial Review Globant >
Slide 20: At a Glance
At a Glance Global Delivery Model 26,000+ globers in 25+ countries Key Statistics Headcount Distribution (as of Mar’23) $1.9B 31.5% $77.7k Argentina LTM Q1’23 total 2014 – 2022 LTM Q1’23 Revenue Revenue Revenue CAGR per IT Professional Colombia Other LATAM 38.2% 15.1% 26,000+ India Q1’23 Q1’23 Total
Slide 21: Significant Revenue Growth
Significant Revenue Growth Revenue ($M) Average Revenue by Client ($M) CAGR(‘14-’22): 31.5% Top 10 CAGR: 24.5% Top 20 CAGR: 23.8% YoY: 17.7% Client Revenue Contribution (%) Clients with Revenues >$1M Clients 2014 2015 2016 2017 2018 2019 2020 2021 2022 Top 1 9 12 10 10 11 11 11 11 11 Top 5 27 33 34
Slide 22: Revenue Breakdown (Q1'23)
Revenue Breakdown (Q1’23) Geography 3% Currency North America USD LATAM Others EMEA Asia and Oceania Industry Contract type Media and Entertainment Time and Materials Banks and Financial Services 2% Fixed Price and Consumer, Retail and Others Manufacturing Tech and Telecom Professional Services Trav
Slide 23: Strong ability to develop accounts
Strong ability to develop accounts Increasing # of multi million $ accounts 2014 2015 2016 2017 2018 2019 2020 2021 2022 100 squared strategy: $20M+ 0 1 2 3 5 7 7 12 13 ● Dedicated onsite teams $10M+ 2 5 6 9 9 14 13 22 25 ● Strategic partner $5M+ 10 10 11 18 21 26 32 42 65 ● Increased visibility $1M
Slide 24: Attractive Profitability
Attractive Profitability Adjusted Gross Profit ($M) Adjusted Profit from Adjusted Net Income ($M) Operations ($M) % of revs % of revs % of revs 40.4 39.1 39.5 39.2 39.5 38.2 17.0 15.2 16.5 16.3 16.8 15.1 12.2 11.1 12.2 12.2 12.7 11.7 Note: Adjusted Gross Profit excludes depreciation and amortization
Slide 25: Our growth strategy
Our growth strategy + ● Focus on 1002 : 100 accounts Main Strategic Acquisitions with potential revenues of $100M+ ● Experience IT ● Bluecap Vertic gA ● Studio cross-selling ● ● ● eWave ● Belatrix ● Increasing sales coverage to ● Sysdata ● Avanxo ensure better reach ● GeneXus ● PointSource ● Diversi
Slide 26: Leading this dream, our management team
Leading this dream, our management team BOARD OF DIRECTORS Martín Migoya Martín Gonzalo Umaran Guibert Andrés Englebienne Chairman of the Board, CEO & Co-founder Chief Corporate Development Officer, President of Globant X, President of Latam President of EMEA & Co-founder & Co-founder Linda Rottenbe
Slide 27: Forward looking disclosure
Forward looking disclosure In addition to historical information, this presentation might contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may
Slide 28: Now's your time to Seek Reinvention
Now’s your time to Seek Reinvention