Pluxee N.v. · EURONEXT:PLX

Pluxee — Shareholder Meeting (December 2024)

50 slides from Pluxee's shareholder meeting presentation, Dec 18, 2024

Slide 4: Board composition
Board composition Independent Directors: Didier Michaud-Daniel Guillaume Boutin Executive Chair Lead Director Audit Committee; Nomination & Remuneration Committee Sophie Bellon Bénédicte Chrétien Audit Committee Chair of the Nomination & Remuneration Committee Nathalie Bellon-Szabo Arnaud Loiseau No
Slide 5: Board of Directors Core Skills
Board of Directors Core Skills General Management Finance/M&A International Human Resources Sustainability Technology Digital/Data Governance Cyber Payments Entrepreneurship Marketing & Sales CONFIDENTIAL ©Pluxee – All rights reserved 5
Slide 7: Annual General Meeting 2024 Agenda
Opening Remarks Didier Michaud-Daniel — Executive Chair of the Board of Directors Agenda Beatrice Bihr — Chief Legal Officer & Group General Counsel Fiscal 2024 Highlights and Outlook Aurélien Sonet — Chief Executive Officer Annual General Fiscal 2024 Financial Performance Stéphane Lhopiteau — Chief
Slide 8: Agenda of Resolutions
Agenda of Resolutions 2a — Report of the Board for the fiscal year 2024 (non-voting item) 2 Annual Report for the fiscal year 2024 2b — Remuneration report for the fiscal year 2024 (advisory voting item) 2c — Annual accounts for the fiscal year 2024 (voting item) 3a — Presentation of the dividend po
Slide 10: A year rich in milestones with successful delivery across all dimensions
A year rich in milestones with successful delivery across all dimensions Sep. 2023 – Feb. – Mar April June July Fiscal Jan. 2024 2024 2024 2024 2024 2024 Pluxee Listing of Pluxee First successful Completion of the Objective Exceeding rebranding on Euronext Paris H1 results released strategic upgrade
Slide 11: Highly cash generative Scalable business model
Highly cash generative Benefit Balance sheet Revenue Scalable business model rights Cash flow streams Pluxee pre-loads clients' employees’ 1 digital wallet/card Pluxee collects cash from clients Clients Client commissions 2 Pluxee reimburses Merchant €2.8bn float Clients provide employee merchants n
Slide 12: Ambitious strategic roadmap driven by six key initiatives
Ambitious strategic roadmap driven by six key initiatives 1 Elevate benefit offering Address evolving client and consumer needs 2 Expand merchant engagement Reinforce win-win partnership Scale up existing presence 3 Address untapped opportunities in Engagement and Reward & Recognition Acquire new cl
Slide 13: A year of continued progress on Pluxee's ESG journey
A year of continued progress on Pluxee's ESG journey Be a trusted partner Toward individuals Anchor business integrity and transparency Improve people’s well-being and promote while protecting data of all stakeholders inclusion to contribute to engagement Employees trained in Responsible Women Busin
Slide 14: Continue to deliver successfully
Reminder | Fiscal 2024 Medium-term achievements business targets Strong development €1.6bn €1.3bn+ annually momentum Fiscal 24 - 26 Development among new clients well above target in annualized business volume Continue issued to deliver Proven capacity to realize full Above 103% Above 100% successfu
Slide 15: Creating value for our highly interconnected B2B2C
Creating value for our highly interconnected B2B2C +1.7m Merchants INDIA – Strong engagement with merchants Offering a one stop payment solution combining a point-of-sale system (POS) and one single QR Beyond a traffic booster, code for all types of transactions a valued business partner 60% merchan
Slide 16: Fiscal 2024 performance exceeding financial objectives
Fiscal 2024 performance exceeding financial objectives Total revenues Recurring EBITDA Recurring Free cash flow €1,210m €430m €379m +18.6% organic growth +24.8% organic growth 88% Recurring Cash -3.9% currency impact 36.4% Recurring EBITDA conversion rate(2) margin on an organic basis(1) Fiscal 2024
Slide 17: Enhanced shareholder dividend distribution
Enhanced shareholder dividend distribution Net Profit Adjusted Net Profit(1) Proposed dividend attributable to equity holders attributable to equity holders per share(2) of the parent of the parent €133m €203m €0.35 +64.2% variation €1.39 Adjusted Basic 25% Dividend payout ratio vs. Fiscal 2023 Earn
Slide 18: Upgraded Fiscal 2025 & 2026 financial objectives
Upgraded Fiscal 2025 & 2026 financial objectives Initial objectives Fiscal 2024 Upgraded Fiscal 2025 and 2026 at CMD achievements financial objectives Low double-digit confirmed per year based Organic Low double-digit on a higher Fiscal 2024 revenue base revenue growth +18.6% per year Including expe
Slide 20: Employee Benefits boosting business volumes growth
Employee Benefits boosting business volumes growth • Sustained double-digit growth in Employee benefits business volumes in Fiscal 2024 incl. Q4 +€1.5bn in Employee Benefits Business volumes issued business volume, fuelled by strong commercial dynamics Other products and services across all regions
Slide 21: +18.6% Organic revenue growth driven by all regions
+18.6% Organic revenue growth driven by all regions • Sustained performance reflecting strong €1,210m 100% All regions €534m Cont. Europe business dynamics 44% across regions 12 months +18.6% 12 months +14.5% 4th quarter +10.6% 4th quarter +12.1% • Double-digit Organic revenue growth delivered acros
Slide 22: Outstanding level of Organic revenue growth in Fiscal 2024
Outstanding level of Organic revenue growth in Fiscal 2024 Total revenues by nature • Fiscal 2024 Organic revenue growth Organic growth: +10.6% Organic growth: +18.6% significantly above initial Currency effect: -6.1% Currency effect: -3.9% low double-digit objective(1) Float revenue €1,210m Operati
Slide 23: Strong increase in Recurring EBITDA
Strong increase in Recurring EBITDA • Recurring EBITDA growing +24.8% organically while absorbing new standalone costs Recurring EBITDA and Recurring EBITDA margin ramping up +183bps organic +24.8% organic growth +183bps organically improvement in Recurring +18.5% total growth +105bps at current rat
Slide 24: Strong increase in Net profit
Net Profit attributable to equity holders €133m €203m Adjusted +64.2% variation vs. Fiscal 2023 of the parent Strong increase Recurring €289m in Net profit Free cash €379m in Fiscal 2023 flow excluding one-off(1) and Cash generation Cash conversion 88% 80% in Fiscal 2023 rate excluding one-off(1) NO
Slide 25: Secured capital structure and financial profile
Secured capital structure • Net financial cash and financial profile position of €1,054m as of Aug. 31, 2024 • +€195m improvement mainly reflecting solid Net cash position as of August 31, 2024 cash flow generation Total Liquidity Position: €3,208m • Solid balance sheet consisting of: €973m A Restri
Slide 26: Clear capital allocation framework
Clear capital allocation Targeted and financially disciplined approach framework to growth strategy 1 2 3 Continue to invest Targeted & Attractive for growth well-executed M&A shareholders’ return • Average annual capital • Focus on adding business volume, • €0.35 proposed dividend per expenditure o
Slide 29: Pluxee N.V. Audit Fiscal 2024 Presentation to Shareholders
Pluxee N.V. Audit Fiscal 2024 Presentation to Shareholders Conclusion Key Audit matters • Unqualified audit opinion on Pluxee’s • Measurement of the recoverable Fiscal 2024 consolidated & company amount of goodwill financial statements • Revenue recognition • Presentation of recurring operating prof
Slide 31: Remuneration report for the Fiscal 2024
Remuneration report 2b — for the Fiscal 2024 Provides an Outlines No changes Pluxee will The Fiscal 2024 overview of the to the continue to Remuneration remuneration • Main elements remuneration benchmark Report is of the members of Pluxee's policy are being its Board submitted for of the Board remu
Slide 32: Agenda of General Meeting
Agenda of General Meeting 2a — Report of the Board for the fiscal year 2024 (non-voting item) 2 Annual Report for the fiscal year 2024 2b — Remuneration report for the fiscal year 2024 (advisory voting item) 2c — Annual accounts for the fiscal year 2024 (voting item) 3a — Presentation of the dividen
Slide 35: Voting device instructions
Voting device instructions Smart Card 01 The card must be properly inserted for the device to function 1 For To vote 02 Once the vote is open, simply press 2 Against RESOLUTION 1 the button of your choice 3 Abstain 1 FOR « Received » notification 2 AGAINST 03 If you have this message on the device’s
Slide 36: Remuneration report 2b voting result
Remuneration report 2b — for the Fiscal 2024 FOR AGAINST ABSTAIN FINALRESULT FINAL RESULT 85,67 % 14,33 % N/A fFOR 160 508 771 26 847 069 1 305 CONFIDENTIAL ©Pluxee – All rights reserved
Slide 37: Annual accounts 2c voting result
Annual accounts 2c — for the Fiscal 2024 FOR AGAINST ABSTAIN FINAL RESULT >99,99 % <0,01 % N/A fFOR 184 934 945 336 2 421 864 CONFIDENTIAL ©Pluxee – All rights reserved
Slide 38: Adoption of the dividend proposal 3b voting result
Adoption 3b — of the dividend proposal FOR AGAINST ABSTAIN FINAL RESULT >99,99 % <0,01 % N/A fFOR 185 144 407 469 2 212 269 CONFIDENTIAL ©Pluxee – All rights reserved
Slide 39: Discharge of the Executive Directors 4a voting result
Discharge 4a — of the Executive Directors in respect of the performance of their duties during the Fiscal 2024 FOR AGAINST ABSTAIN FINAL RESULT 98,77 % 1,23 % N/A fFOR 182 054 892 2 272 720 3 029 533 CONFIDENTIAL ©Pluxee – All rights reserved
Slide 40: Discharge of the Non-Executive Directors 4b voting result
Discharge 4b — of the Non-Executive Directors in respect of the performance of their duties during the Fiscal 2024 FOR AGAINST ABSTAIN FINAL RESULT 84,51 % 15,49 % N/A fFOR 155 773 030 28 554 572 3 029 543 CONFIDENTIAL ©Pluxee – All rights reserved
Slide 41: Share repurchase authorization 5 voting result
Authorization to the Board as the 5— competent body to repurchase shares FOR AGAINST ABSTAIN FINAL RESULT 99,81 % 0,19 % N/A fFOR 184 788 439 345 298 2 223 408 CONFIDENTIAL ©Pluxee – All rights reserved
Slide 42: Statutory auditor renewal 6 voting result
Renewal of the term of office of the 6— statutory auditor for the Fiscal 2025 FOR AGAINST ABSTAIN FINAL RESULT >99,99 % <0,01 % N/A fFOR 185 138 719 5 560 2 212 866 CONFIDENTIAL ©Pluxee – All rights reserved
Slide 45: Appendix #1 Key Alternative Performance Measures
Appendix #1 Key Alternative Performance Measures (APM) ORGANIC REVENUE GROWTH RECURRING EBITDA ADJUSTED NET PROFIT Organic revenue growth is calculated Recurring EBITDA is used to assess Adjusted net profit serves as the as growth in the current period, the performance of reported basis for calculat
Slide 46: Appendix #2 Key Alternative Performance Measures
Appendix #2 Key Alternative Performance Measures (APM) RECURRING FREE CASH FLOW RECURRING LIQUIDITY GENERATED FLOAT-RELATED CASH BY OPERATIONS (LGO) The Recurring free cash flow measures the Float-related cash corresponds to net cash generated from operations that is Recurring Liquidity Generated by
Slide 47: Appendix #3 Fiscal 2025 financial calendar
Appendix #3 Fiscal 2025 financial calendar December 18 January 8 April 17 July 3 October 30 2024 2025 2025 2025 2025 Fiscal 2024 annual First quarter Fiscal First half Fiscal Third quarter Fiscal Annual Fiscal shareholders’ meeting 2025 revenues 2025 results 2024 revenues 2025 results Expected divid
Slide 48: About Pluxee
€24 bn Business volume issued About Pluxee as of Fiscal 2024 5,415 Employees as at August 31, 2024 Pluxee is a global leader in Employee Benefits and Engagement that operates in 29 countries. 29(1) Pluxee shapes the world of employee Powered by leading technology and more Countries benefits and enga
Slide 49: IR, Communication and Press contacts
IR, Communication and Press contacts Head of Investor Relations Chief Communication Officer PAULINE BIREAUD CÉCILIA DE PIERREBOURG +33 (0)6 22 58 83 51 + 33 (0)6 03 30 46 98 pauline.bireaud@pluxeegroup.com cecilia.depierrebourg@pluxeegroup.com 16, Rue du Passeur de Boulogne investors@pluxeegroup.com
Slide 50: Forward-looking statements
Forward-looking statements This presentation contains forward-looking statements. These forward-looking statements reflect the Group's intentions, current beliefs, expectations and assumptions, including, without limitation, assumptions regarding the Group's future business strategies and the enviro

Pluxee — Shareholder Meeting (December 2024) on 6ix

Pluxee — Shareholder Meeting (December 2024)

Slide 1: Annual General Meeting

Slide 2: Opening Remarks

Slide 3: An exceptional year

Slide 4: Board composition

Slide 5: Board of Directors Core Skills

Slide 6: Agenda

Slide 7: Annual General Meeting 2024 Agenda

Slide 8: Agenda of Resolutions

Slide 9: Fiscal 2024 Highlights & Outlook

Slide 10: A year rich in milestones with successful delivery across all dimensions

Slide 11: Highly cash generative Scalable business model

Slide 12: Ambitious strategic roadmap driven by six key initiatives

Slide 13: A year of continued progress on Pluxee's ESG journey

Slide 14: Continue to deliver successfully

Slide 15: Creating value for our highly interconnected B2B2C

Slide 16: Fiscal 2024 performance exceeding financial objectives

Slide 17: Enhanced shareholder dividend distribution

Slide 18: Upgraded Fiscal 2025 & 2026 financial objectives

Slide 19: Fiscal 2024 Financial Performance

Slide 20: Employee Benefits boosting business volumes growth

Slide 21: +18.6% Organic revenue growth driven by all regions

Slide 22: Outstanding level of Organic revenue growth in Fiscal 2024

Slide 23: Strong increase in Recurring EBITDA

Slide 24: Strong increase in Net profit

Slide 25: Secured capital structure and financial profile

Slide 26: Clear capital allocation framework

Slide 27: Pluxee's profitable growth story continues

Slide 28: External Auditor

Slide 29: Pluxee N.V. Audit Fiscal 2024 Presentation to Shareholders

Slide 30: Questions & Answers

Slide 31: Remuneration report for the Fiscal 2024

Slide 32: Agenda of General Meeting

Slide 33: Questions & Answers

Slide 34: Vote of the Resolutions

Slide 35: Voting device instructions

Slide 36: Remuneration report 2b voting result

Slide 37: Annual accounts 2c voting result

Slide 38: Adoption of the dividend proposal 3b voting result

Slide 39: Discharge of the Executive Directors 4a voting result

Slide 40: Discharge of the Non-Executive Directors 4b voting result

Slide 41: Share repurchase authorization 5 voting result

Slide 42: Statutory auditor renewal 6 voting result

Slide 43: CONFIDENTIAL ©Pluxee – All rights reserved

Slide 44: Appendices

Slide 45: Appendix #1 Key Alternative Performance Measures

Slide 46: Appendix #2 Key Alternative Performance Measures

Slide 47: Appendix #3 Fiscal 2025 financial calendar

Slide 48: About Pluxee

Slide 49: IR, Communication and Press contacts

Slide 50: Forward-looking statements