Slide 1: Disclaimer: Forward Looking Statements
Disclaimer 2 Forward Looking Statements Certain statements included in this presentation are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompa
Slide 2: Agenda
Agenda Financial Performance and Business Strategy 2 Exela Technologies Introduction 1 Appendix 3 3
Slide 3: Exela Technologies Introduction
Exela Technologies Introduction “Our mission is to drive exceptional client experiences and create lasting value through the acceleration of businesses’ digital transformation by enabling people to innovate with data-driven insights and technologies.” 4
Slide 4: Ron Cogburn, Chief Executive Officer
Ron Cogburn Chief Executive Officer 5
Slide 5: Q3 2017 Highlights
Q3 2017 Highlights 6 Pro forma revenue of $358.2 million, up $39.1 million or 12.2% compared to Q3 2016 Further adjusted EBITDA of $88.0 million, up $8.0 million or 10.0% compared to Q3 2016 Further adjusted free cash flow of $80.3 million, representing a further adjusted free cash flow conversion r
Slide 6: Exela at a Glance
Exela at a Glance 7 Leading global information and transaction processing service provider operating in the BPO industry Experienced, tenured management team that has successfully led the business for many years 8 member board of directors with deep industry and corporate governance experience Exela
Slide 7: Exela Technologies Multi-industry Solutions
8 Exela Technologies Multi-industry Solutions Enterprise Information Management Unified Communication Services Legal & Loss Prevention Solutions Class Action Settlement Administration eDiscovery & Litigation Support Data Breach & Identity Theft Management Risk Management & Preventative Remediation P
Slide 8: 22,100 employees leveraging global presence
9 22,100 employees leveraging global presence to deliver mission critical services and solutions Global Presence Netherlands 25 Canada 500 Ireland 164 UK 459 France 160 172 Sweden Estonia 39 Germany 152 Austria 23 India 6,696 Philippines 1,409 China 316 USA 11,665 Mexico 313 Americas 56% Europe 6% A
Slide 9: Agenda
Agenda 11 Financial Performance and Business Strategy 2 Exela Technologies Introduction 1 Appendix 3
Slide 10: Financial Performance and Business Strategy
Financial Performance and Business Strategy 12 “Our mission is to drive exceptional client experiences and create lasting value through the acceleration of businesses’ digital transformation by enabling people to innovate with data-driven insights and technologies.”
Slide 11: Jim Reynolds, Chief Financial Officer
Jim Reynolds Chief Financial Officer 13
Slide 12: Q3 2016 vs. Q3 2017 Performance
Q3 2016 vs. Q3 2017 Performance (1) Financial results for Pro Forma Q3 2016 do not include contribution from the TransCentra acquisition which closed on September 28, 2016. 14 (2) For additional information refer to Further Adjusted EBITDA Reconciliations on slides 20 and 21. Note: Pro Forma Q3 2017
Slide 13: YTD Q3 2016 vs. YTD Q3 2017 Performance
YTD Q3 2016 vs. YTD Q3 2017 Performance 15 (1) For additional information refer to Further Adjusted EBITDA Reconciliations on slide 22 and 23. (2) Financial results for Pro Forma YTD Q3 2016 do not include contribution from the TransCentra acquisition which closed on September 28, 2016. Note: Pro Fo
Slide 14: Pro Forma Cash Flow Profile
Pro Forma Cash Flow Profile 16 High further adjusted free cash flow conversion rate Low intensity CAPEX business model Available liquidity of 123.8 million as of September 30, 2017 Low capital expenditure enables strong free cash flow generation(1) (3) Further Adjusted Free Cash Flow defined as Furt
Slide 15: Strategic priorities – Near and long term
Strategic priorities – Near and long term M&A Leverage target of under 3.0x on a pro forma basis Consider acquisitions if leverage accretive 17 High cash flow conversion and low intensity CapEx model Long term leverage target Dividend distribution Share buy-back authorization Consider dividend distr
Slide 16: Strategic priorities - Near and long term
| Strategic priorities - Near and long term High cash flow conversion and low intensity CapEx model | on ees + Levert funder 30con ro fomabos Enum |* Board has authorized a share buy-back program of up to 5 million shares and Company may execute the EYE cni | buy-back under the right market conditio
Slide 17: Agenda
Agenda Financial Performance and Business Strategy 2 Exela Technologies Introduction 1 Appendix 3 19
Slide 18: Further Adjusted EBITDA Reconciliation – Q3 2016
Further Adjusted EBITDA Reconciliation – Q3 2016 20 Note: Net loss for the period January 1- July 12 is presented on the basis of the previous debt structure at the respective standalone companies. As of July 12th, the existing debt structures at respective Exela entities have been replaced with a n
Slide 19: Further Adjusted EBITDA Reconciliation – Q3 2017
Further Adjusted EBITDA Reconciliation – Q3 2017 21 (1) Represents financial performance of Novitex for a 12 day period prior to the transaction closing date of July 12, 2017. Note: Net loss for the period January 1- July 12 is presented on the basis of the previous debt structure at the respective
Slide 20: Further Adjusted EBITDA Reconciliation – YTD Q3 2016
Further Adjusted EBITDA Reconciliation – YTD Q3 2016 22 Note: Net loss for the period January 1- July 12 is presented on the basis of the previous debt structure at the respective standalone companies. As of July 12th, the existing debt structures at respective Exela entities have been replaced with
Slide 21: Further Adjusted EBITDA Reconciliation – YTD Q3 2017
Further Adjusted EBITDA Reconciliation – YTD Q3 2017 23 Note: Net loss for the period January 1- July 12 is presented on the basis of the previous debt structure at the respective standalone companies. As of July 12th, the existing debt structures at respective Exela entities have been replaced with
Slide 22: Further Adjusted Free Cash Flow Reconciliation From Net Loss
Further Adjusted Free Cash Flow Reconciliation From Net Loss – YTD Q3 2016 and YTD Q3 2017 24 Note: Net loss for the period January 1- July 12 is presented on the basis of the previous debt structure at the respective standalone companies. As of July 12th, the existing debt structures at respective
Slide 23: YTD Q3 2016 and YTD Q3 2017 Pro Forma Revenue and Capital Expenditures
YTD Q3 2016 and YTD Q3 2017 Pro Forma Revenue and Capital Expenditures 25 (1) Financial results for YTD Q3 2016 do not include contribution from the TransCentra acquisition which closed on September 28, 2016. As Reported (1) Novitex Pro Forma Revenue - YTD Q3 2017 $766.0 $304.0 $1,070.0 Revenue - YT
Slide 24: YTD Q3 2016 and YTD Q3 2017 Pro Forma Revenue and Capital Expenditures
YTD Q3 2016 and YTD Q3 2017 Pro Forma Revenue and Capital Expenditures (Sin milions) ‘As Reported”? Novitex Pro Forma Revenue - YTD Q3 2017 37660 $3040 $1,070 Revenue - YTD Q3 2016 $5775 403 $9806 Capital expenditures - YTD Q3 2017 $161 s102 $263 Capital expenditures - YTD Q3 2016 $232 $129 $361 (0)