Making Science Group Sa · BME:MAKS

Making Science Group Sa — Iberian Digital Forum (October 2022)

43 slides from Making Science Group Sa's conference presentation, October 2022

1. Slide 1: Madrid, October – relevant information notice

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2. Slide 2: Investor presentation – Iberian Digital Forum

   ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ NőƳČƈƔŚƀ͓—ƀČƈČőƔãƔıŚő NőƳČƈƔŚƀ͓—ƀČƈČőƔãƔıŚő ]Śƈč͓őƔŚőıŚ͓iãƀƔijőČDŽ͓ĥƜıŇãƀ *t͓iãńıőĥ͓¢ÿıČőÿČ tÿƔŚþČƀ͓ˤ́˥̩͓ˠ˞ˠˠ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

3. Slide 3: Disclaimers

   ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ $ıƈÿŇãıŏČƀ ºļŁƛɴ ĒŭċưšĚţƨɴ ïţĒɴ ƨļĚɴ ċŭţijĚƓĚţċĚɚċïŘŘɴ LjĚĊċïƛƨɴ ɒŁţċŘưĒŁţĴɴ ƨļĚɴ ¤˧ɴ ƛĚƛƛŁŭţɓɴ šïǎɴ ċŭţƨïŁţɴ ijŭƓLjïƓĒɚŘŭŭŕŁţĴɴ ƛƨïƨĚšĚţƨƛɴ ïţĒɴ ŁţijŭƓšïƨŁŭţɴ ɒļĚƓĚŁţïijƨĚƓȻɴ ƨļĚɴ ɥTţijŭƓšïƨŁŭţɦɓɴ ƓĚŘïƨŁţĴɴ ƨŭɴ rfTtGɴ ­T.t.ɴ G¥Á¢Ȼɴ ­Ⱥɴ ɒļĚƓĚŁţïijƨĚƓɴ ɥrïŕŁţĴɴ ­ċŁĚţċĚɦɴ ŭƓ

4. Slide 4: Investor presentation agenda

   ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ NőƳČƈƔŚƀ͓ —ƀČƈČőƔãƔıŚő NþČƀıãő͓$ıĥıƔãŇ͓AŚƀƜŏ͓ˠ˞ˠˠ ȲȳʻʻʻǾőNJǾŸőǿʻƤŪʻrĦƌŸƚūʻ­łŸőƚłő ȲȴʻʻʻGNJƤǿǟųʻ­ǟNJĦǟőūȅ ȲȵʻʻʻTƚǾőǒǟƘőƚǟǒʃʻ.ʡƤƘƘőNJłőʻ̮ʻ¢NJƤʼnǧłǟǒ ȲȶʻʻʻOȳʻȴȲȴȴʻĦƚʼnʻFŸƚĦƚłŸĦƏʻÁLJʼnĦǟő LJLJőƚʼnŸȄ TƚʼnőȄ ˡ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

5. Slide 5: Overview of Making Science

   ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ˞˟̮͓͓tƳČƀƳıČƴ͓ŚĤ͓iãńıőĥ͓¢ÿıČőÿČ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

6. Slide 6: Making Science is a Marketing and Technology consulting firm helping companies accelerate their digital capabilities

   ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ iãńıőĥ͓¢ÿıČőÿČ͓ıƈ͓ã͓iãƀńČƔıőĥ͓ãőĆ͓¯ČÿĬőŚŇŚĥƺ͓ŚőƈƜŇƔıőĥ͓Aıƀŏ͓IČŇŽıőĥ͓ŚŏŽãőıČƈ͓ ÿÿČŇČƀãƔČ͓¯ĬČıƀ͓$ıĥıƔãŇ͓ãŽãþıŇıƔıČƈ iãńıőĥ͓¢ÿıČőÿČ͓ıƈ͓ãő͓ıőƔČƀőãƔıŚőãŇ͓ĆıĥıƔãŇ͓ ãÿÿČŇČƀãƔıŚő͓ÿŚŏŽãőƺ͓ƴıƔĬ͓ŏŚƀČ͓ƔĬãő͓˟̩˞˞˞͓ ČŏŽŇŚƺČČƈ͓ãőĆ͓ã͓ŽƀČƈČőÿČ͓ıő͓˟ˡ͓ÿŚƜőƔƀıČƈ̮ iãńıőĥ͓¢ÿıČőÿČ͌ƈ͓þƜƈıőČ

7. Slide 7: One-stop shop and strategic partner at every stage

   ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ˡˤ˞ǐ͓ãŽãþıŇıƔıČƈ͓ÿƀŚƈƈ͓ŇŇ͓ƈŽČÿƔƈ͓ŚĤ͓$ıĥıƔãŇ͓iãƀńČƔıőĥ͓¢ČƀƳıÿČƈ tőČ́ƈƔŚŽ͓ƈĬŚŽ͓ãőĆ͓ƈƔƀãƔČĥıÿ͓ŽãƀƔőČƀ͓ãƔ͓ČƳČƀƺ͓ƈƔãĥČ ǾőNJǾŸőǿʻƤŪʻrĦƌŸƚūʻ­łŸőƚłő ˤ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

8. Slide 8: Overview of Making Science Services

   ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ tƳČƀƳıČƴ͓ŚĤ͓iãńıőĥ͓¢ÿıČőÿČ͓¢ČƀƳıÿČƈ hŸƚőǒʻƤŪʻǧǒŸƚőǒǒ .ȄĦƘLJƏőʻ­őNJǾŸłőǒ ʼnǾőNJǟŸǒŸƚūʻłƤƚǒǧƏǟŸƚū NJūĦƚŸłʻĦʼnʻłƤƚǒǧƏǟŸƚū NJőĦǟŸǾŸǟȅʻĦƚʼnʻłƤƚǟőƚǟ $ŸūŸǟĦƏʻrĦNJƌőǟŸƚū ­ĚïƓċļɴĚţĴŁţĚƛȻɴƛŭċŁïŘɴ˧ɴ ­ĚïƓċļɴĚţĴŁţĚɴŭƐƨŁšŁǘïƨŁŭţɴ ƓïţĒɴƛƨƓïƨĚĴǎȻɴċŭţƨĚţƨɴ ŭƨļĚƓɴšĚĒŁïɴijŭƓšïƨƛɴ ɒ­.ɓɴïţĒɴŭƓĴ

9. Slide 9: Our AlyWheel complementary, high-growth lines of business

   ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ tƜƀ͓AŇƺƴĬČČŇ ŚŏŽŇČŏČőƔãƀƺ̩͓ĬıĥĬ́ĥƀŚƴƔĬ͓ŇıőČƈ͓ŚĤ͓þƜƈıőČƈƈ͓ƔĬãƔ͓ƀČıőĤŚƀÿČ͓ƔĬČ͓ƳãŇƜČ͓ŽƀŚŽŚƈıƔıŚő͓ƔŚ͓ƔĬČ͓ÿŇıČőƔ $ŸūŸǟĦƏʻ ºőłųƚƤƏƤūȅʂʻƏƤǧʼn rĦNJƌőǟŸƚū ̮ʻ­ƤŪǟǿĦNJő ǧNJʻĦłłőǒǒʻǟƤʻłƏŸőƚǟǒʯʻ ÙőʻųĦǾőʻĦʻƏĦNJūőʻLJƤƤƏʻƤŪʻ ŁǧǒŸƚőǒǒőǒʻĦƚʼnʻƤǧNJʻ ǒƤŪǟǿĦNJőʻőƚūŸƚőőNJǒʂʻʼnĦǟĦʻ ǟőłųƚƤƏƤūŸłĦƏʻLJĦ

10. Slide 10: Some of our clients

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ¢ŚŏČ͓ŚĤ͓tƜƀ͓ŇıČőƔƈ ÎČ͓ÿƀČãƔČ͓ƳãŇƜČ͓ƔĬƀŚƜĥĬ͓ıőƔČĥƀãƔČĆ͓ƈŚŇƜƔıŚőƈ͓ƔŚ͓ĆČŇıƳČƀ͓ã͓ˡˤ˞́ĆČĥƀČČ̩͓ƀČƈƜŇƔƈ́ĆƀıƳČő͓ČƹŽČƀıČőÿČ ǾőNJǾŸőǿʻƤŪʻrĦƌŸƚūʻ­łŸőƚłő ˧ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

11. Slide 11: Operating in partnership with the largest global platforms

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ tŽČƀãƔıőĥ͓ıő͓—ãƀƔőČƀƈĬıŽ͓ÎıƔĬ͓ƔĬČ͓aãƀĥČƈƔ͓BŇŚþãŇ͓—ŇãƔĤŚƀŏƈ ÎČ͓ãƀČ͓ČƹŽČƀıČőÿČĆ͓ıő͓ãŇŇ͓ÿĬãőőČŇƈ͓ŚĤ͓ƔĬČ͓ĆıĥıƔãŇ͓ČÿŚƈƺƈƔČŏ GƤƤūƏő ÎČ͓ãƀČ͓ŽãƀƔőČƀƈ͓ŚĤ͓ƔĬČ͓ ˧ȵȲȲʻ $ØȵȸȲ ­ȵȸȲ ĦƘLJĦŸūƚʻ ƚĦƏȅǟŸłǒ őȄLJőNJǟǒ rĦƚĦūőNJ ȵȸȲ ŇãƀĥČƈƔ͓ÿŚŏŽãőıČƈ͓ıő͓ƔĬČ͓ ƈČÿƔŚƀ̩͓ƴĬıÿĬ͓ĥıƳČƈ͓Ɯƈ͓ã͓ rőǟĦ ÿŚŏŽ

12. Slide 12: Why clients choose Making Science

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ÎĬƺ͓ŇıČőƔƈ͓ĬŚŚƈČ͓iãńıőĥ͓¢ÿıČőÿČ aČƳČƀãĥıőĥ͓ŚƜƀ͓ÿŚŏŽČƔıƔıƳČ͓ƈƔƀČőĥƔĬƈ͓ƔŚ͓ĆČŇıƳČƀ͓ã͓ĆıljČƀČőƔıãƔČĆ͓ŚljČƀıőĥ ÙųĦǟʻƏŸőƚǟǒʻÙĦƚǟ ÙųĦǟʻrĦƌŸƚūʻ­łŸőƚłőʻȨőNJǒ Ǭ hƤłĦƏʻ¢NJőǒőƚłő 䘟 ºőĦƘʻĦƚʼnʻƏƤłĦƏʻƤȩłőǒʻŸƚʻǟųőʻłƤǧƚǟNJŸőǒʻŸƚʻǿųŸłųʻŸǟʻƤLJőNJĦǟőǒʻ ǭ TƚǟőūNJĦǟŸƤƚʻƤŪʻ ­LJőłŸĦƏŸȏőʼnʻºőĦƘǒ 䘟 ȳȲ

13. Slide 13: Investment Highlights

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ NőƳČƈƔŏČőƔ͓IıĥĬŇıĥĬƔƈ ÎĬƺ͓ıőƳČƈƔ͓ıő͓iãńıőĥ͓¢ÿıČőÿČ ÁƚŸljǧőʻłƤƘŁŸƚĦǟŸƤƚʻƤŪʻǒȅƚőNJūŸǒǟŸłʻŁǧǒŸƚőǒǒőǒʻŁNJŸƚūŸƚūʻǟƤūőǟųőNJʻʼnŸūŸǟĦƏʻƘĦNJƌőǟŸƚūʂʻʼnĦǟĦʻ ȳ ĦƚĦƏȅǟŸłǒʻĦƚʼnʻłƏƤǧʼnʻ̮ʻǒƤŪǟǿĦNJőʻǟőłųƚƤƏƤūȅ ȴ ­ǟNJƤƚūʻƤNJūĦƚŸłʻūNJƤǿǟųʻLJőNJŪƤNJƘĦƚłőʂʻƤǧǟLJĦłŸƚūʻǟųőʻǒőłǟƤNJʯǒʻųŸūųʻūNJƤǿǟųʻNJĦǟő ­Ƥǧƚʼnʻ

14. Slide 14: Growth Strategy

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ˞ˠ̮͓͓BƀŚƴƔĬ͓¢ƔƀãƔČĥƺ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

15. Slide 15: Our multi-pronged growth strategy

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ tƜƀ͓iƜŇƔı́—ƀŚőĥČĆ͓BƀŚƴƔĬ͓¢ƔƀãƔČĥƺ ȶ NJőĦǟőʻ ȵ ¢ĦNJǟƚőNJǒųŸLJǒʻǟƤʻ łłőƏőNJĦǟőʻGƏƤŁĦƏʻ ǧNJʻūƤĦƏʻŸǒʻǟƤʻŁőʻƤƚőʻ ÁǒőʻTƚƚƤǾĦǟŸƤƚʻĦƚʼnʻ GNJƤǿǟų ƤŪʻǟųőʻǟƤLJʻĦʼnǾőNJǟŸǒŸƚūʻ ȴ ºőłųƚƤƏƤūȅʻǟƤʻ$NJŸǾőʻ ĦƚʼnʻǟőłųƚƤƏƤūȅʻ Ɣ ƤƚǟŸƚǧőʻǟƤʻǿƤNJƌʻǿŸǟųʻ ȳ .ȄLJĦƚʼnʻGƏƤŁĦƏʻ ǧǒǟƤƘőNJʻ­ǧłłőǒǒ hƤłĦƏʻ¢ƏĦƚőǟʻĦƚʼn

16. Slide 16: Why pursue internationalization

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ÎĬƺ͓—ƜƀƈƜČ͓NőƔČƀőãƔıŚőãŇıDŽãƔıŚő̯ ¯ĬČ͓þČőČnjƔƈ͓ŚĤ͓ĥŇŚþãŇ͓ƈÿãŇČ͓ıő͓ŚƜƀ͓ıőĆƜƈƔƀƺ ¥őƏĦǟŸƤƚǒųŸLJǒʻǿŸǟųʻƘĦƉƤNJʻʻʻ tőǿʻŁǧǒŸƚőǒǒʻĦƚʼnʻƘĦNJƌőǟʻǒųĦNJőʻ hƤłĦƏʻLJNJőǒőƚłő ūƏƤŁĦƏʻLJĦNJǟƚőNJǒ ƤLJLJƤNJǟǧƚŸǟŸőǒ hƤłĦƏʻǟőĦƘʻŪĦłŸƏŸǟĦǟőǒʻłƤƘƘǧƚŸłĦǟŸƤƚʻĦƚʼnʻ TƚłNJőĦǒőʻłƤƏƏĦŁƤNJĦǟŸƤƚʻǿŸǟųʻƘĦƉƤNJʻūƏƤŁĦƏʻ Ł

17. Slide 17: Global diversification progress: expanding global reach

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ BŇŚþãŇ͓$ıƳČƀƈınjÿãƔıŚő͓—ƀŚĥƀČƈƈ̨͓*ƹŽãőĆıőĥ͓BŇŚþãŇ͓šČãÿĬ tƜƀ͓ãƈŽıƀãƔıŚő͓ıƈ͓ƔŚ͓þČ͓ŽƀČƈČőƔ͓ıő͓ƔĬČ͓ƔŚŽ͓ˠ˞͓ĥŇŚþãŇ͓ãĆƳČƀƔıƈıőĥ͓ŏãƀńČƔƈ ȩłőǒ ­LJĦŸƚʻʙrĦʼnNJŸʼnʂʻĦNJłőƏƤƚĦʂ rĦƏƏƤNJłĦʂʻØĦƏőƚłŸĦʂʻƏŸłĦƚǟőʚ FNJĦƚłőʻʙ¢ĦNJŸǒʚʻ ¢ƤNJǟǧūĦƏʻʙhŸǒŁƤƚʚ TǟĦƏȅʻʙ¢ĦʼnǧĦʂʻrŸƏĦƚʚ ÁfʻʙhƤƚʼnƤƚʚ TNJőƏĦƚʼnʻʙ$ǧ

18. Slide 18: Global diversification progress: GMV and employees

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ BŇŚþãŇ͓$ıƳČƀƈınjÿãƔıŚő͓—ƀŚĥƀČƈƈ̨͓*N¯$͓ãőĆ͓*ŏŽŇŚƺČČƈ tƜƀ͓ãƈŽıƀãƔıŚő͓ıƈ͓ƔŚ͓þČ͓ŽƀČƈČőƔ͓ıő͓ƔĬČ͓ƔŚŽ͓ˠ˞͓ĥŇŚþãŇ͓ãĆƳČƀƔıƈıőĥ͓ŏãƀńČƔƈ .Tº$ʻŁȅʻ¥őūŸƤƚʻʙȴȲȴȲʻǾǒʁʻOȳʻȴȲȴȴʚɮ rĦƌŸƚūʻ­łŸőƚłőʻųĦǒʻƘĦʼnőʻǒŸūƚŸȫłĦƚǟʻ ȷ̀ LJNJƤūNJőǒǒʻŸƚʻʼnŸǾőNJǒŸŪȅŸƚūʻǟųNJƤǧūųƤǧǟʻ .ǧNJƤLJőʻĦƚʼnʻǟųőʻūƏƤŁĦƏʻőłƤƚƤƘȅʁ

19. Slide 19: Organic growth: attractive market opportunity

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ȳ tƀĥãőıÿ͓BƀŚƴƔĮ͓̆ƔƔƀãÿƔıƳČ͓iãƀńČƔ͓tŽŽŚƀƔƜőıƔƺ BŇŚþãŇ͓ĆČŏãőĆ͓ĤŚƀ͓ĆıĥıƔãŇ͓ƈČƀƳıÿČƈ͓ƴıŇŇ͓ÿŚőƔıőƜČ͓ƔŚ͓ĥƀŚƴ GƏƤŁĦƏʻ$ŸūŸǟĦƏʻʼnǾőNJǟŸǒŸƚūʻrĦNJƌőǟɮ GƏƤŁĦƏʻ$ĦǟĦʻƚĦƏȅǟŸłǒʻrĦNJƌőǟɯ ,Q86ELOOLRQV ,Q86ELOOLRQV G¥ ʻ G ¥ ȳȺ̀ ʻ ȴȻ̀ GNJƤǿǟųʻ­ǟNJĦǟőūȅ GNJƤǿǟųʻŸƚʻƌőȅʻūƏƤŁĦƏʻƘĦNJƌőǟǒʻLJNJőǒőƚǟǒʻ

20. Slide 20: Acquisition strategy: overview

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ȴ ÿſƜıƈıƔıŚő͓¢ƔƀãƔČĥƺ̨͓tƳČƀƳıČƴ $ČČŽ͓ČƹŽČƀıČőÿČ͓ıő͓ãÿſƜıƀıőĥ͓ãőĆ͓ıőƔČĥƀãƔıőĥ͓ÿŚŏŽãőıČƈ͓ƔŚ͓ãÿÿČŇČƀãƔČ͓ƔĬČıƀ͓ĥƀŚƴƔĬ łljǧŸǒŸǟŸƤƚʻNJŸǟőNJŸĦ 䘟 ¢ǧNJőʻʼnŸūŸǟĦƏʻłƤƘLJĦƚŸőǒʻƤNJʻǟNJĦʼnŸǟŸƤƚĦƏʻŪǧƏƏʡǒőNJǾŸłőʻĦūőƚłŸőǒ 䘟 ¢NJƤǾőƚʻǟNJĦłƌʻNJőłƤNJʼnʻƤŪʻūNJƤǿǟųʻĦƚʼnʻǒǟNJƤƚūʻƘĦNJūŸƚǒ 䘟 ŁŸƏŸǟȅʻŪƤNJʻrĦƌŸƚūʻ

21. Slide 21: Acquisition strategy: evolution of Making Science

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ȴ ÿſƜıƈıƔıŚő͓¢ƔƀãƔČĥƺ̨͓¯ĬČ͓*ƳŚŇƜƔıŚő͓ŚĤ͓iãńıőĥ͓¢ÿıČőÿČ ˇȻȺrʻʙOȳʚ ȳȲȲȲ˧ $ıƳČƀƈıĤƺıőĥ͓ãÿƀŚƈƈ͓ƔĬČ͓ĥŇŚþČ͓ıőƔŚ͓ƔŚŽ͓ĆıĥıƔãŇ͓ãĆƳČƀƔıƈıőĥ͓ŏãƀńČƔƈ rĦƌŸƚūʻ­łŸőƚłőʻųĦǒʻőȄLJĦƚʼnőʼnʻŸǟǒʻūƏƤŁĦƏʻ ŪƤƤǟLJNJŸƚǟʻǟųNJƤǧūųʻĦʻłƤƘŁŸƚĦǟŸƤƚʻƤŪʻ ˇȳȳȲr ĦłljǧŸǒŸǟŸƤƚǒʂʻLJĦNJǟƚőNJǒųŸLJǒʂʻĦƚʼnʻƉƤŸƚǟʻǾőƚǟǧNJőǒ

22. Slide 22: Innovation and technology: Gauss

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ȵ NőőŚƳãƔıŚő͓ãőĆ͓¯ČÿĬőŚŇŚĥƺ̨͓BãƜƈƈ NőőŚƳãƔıƳČ͓N͓ƔČÿĬőŚŇŚĥƺ͓ĆČƳČŇŚŽČĆ͓þƺ͓iãńıőĥ͓¢ÿıČőÿČ͓ ¢NJƤʼnǧłǟʻʼnőǾőƏƤLJőʼnʻŁȅʻrĦƌŸƚūʻ­łŸőƚłőʻǟųĦǟʻLJNJƤǾŸʼnőǒʻőĦǒȅʻ ĦłǟŸǾĦǟŸƤƚʻƤŪʻʼnĦǟĦʻǟųNJƤǧūųʻNJǟŸȫłŸĦƏʻTƚǟőƏƏŸūőƚłőʁʻ$őǒŸūƚőʼnʻ ǟƤʻLJNJƤǾŸʼnőʻǒƤƏǧǟŸƤƚǒʻŪƤNJʻʼnŸūŸǟĦƏʻƘĦNJƌőǟŸƚūʻĦƚʼnʻǒĦƏőǒʁ GĦǧǒǒʻTʻ

23. Slide 23: Innovation and technology: Ad-Machina

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ȵ NőőŚƳãƔıŚő͓ãőĆ͓¯ČÿĬőŚŇŚĥƺ̨͓Ć́iãÿĬıőã ¢ƔãƔČ́ŚĤ́ƔĬČ́ãƀƔ͓ÿãŏŽãıĥő͓ãƜƔŚŏãƔıŚő͓ƔČÿĬőŚŇŚĥƺ͓ĤŚƀ͓BŚŚĥŇČ͓Ćƈ ʬĦʼnʡƘĦłųŸƚĦʻŸǒʻĦʻƚĦǟǧNJĦƏʻƏĦƚūǧĦūőʻūőƚőNJĦǟŸƤƚʻǟőłųƚƤƏƤūȅʻǟųĦǟʻǟNJĦƚǒŪƤNJƘǒʻʼnĦǟĦʻŪőőʼnǒʻ ŸƚǟƤʻĦʼnǾĦƚłőʼnʻGƤƤūƏőʻĦʼnǒʻłĦƘLJĦŸūƚǒʂʻūőƚőNJĦǟŸƚūʻƘƤNJőʻǒĦƏőǒʻĦƚʼnʻĦǟʻĦʻƏƤǿőNJʻłƤǒǟʁ ʬ

24. Slide 24: Partnerships: local planet partnership

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ȶ —ãƀƔőČƀƈĬıŽƈ̨͓aŚÿãŇ͓—ŇãőČƔ͓—ãƀƔőČƀƈĬıŽ ¢ƔƀČőĥƔĬČőıőĥ͓ŚƜƀ͓ŽŚƈıƔıŚő͓ãƈ͓ã͓ĥŇŚþãŇ͓ŚŽČƀãƔŚƀ TƚʻłǟƤŁőNJʻȴȲȴȳʂʻrĦƌŸƚūʻ­łŸőƚłőʻƉƤŸƚőʼnʻhƤłĦƏʻ ¢ƏĦƚőǟʻĦǒʻŸǟǒʻǒLJőłŸĦƏŸǒǟʻʼnŸūŸǟĦƏʻłƤƚǒǧƏǟĦƚłȅʻLJĦNJǟƚőNJʁ ÙŸǟųʻhƤłĦƏʻ¢ƏĦƚőǟʯǒʻūƏƤŁĦƏʻNJőĦłųʂʻrĦƌŸƚūʻ­łŸőƚłőʻ ųĦǒʻŁőőƚʻĦŁƏőʻǟƤʻƤȨőNJʻƤǧNJʻŁ

25. Slide 25: Partnerships: Lotus Ignite joint venture

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ȶ —ãƀƔőČƀƈĬıŽƈ̨͓—ıŇŚƔ͓NĥőıƔČ͓]ŚıőƔ͓ÍČőƔƜƀČ iãńıőĥ͓¢ÿıČőÿČ͓ãőĆ͓—ıŇŚƔ͓ĬãƳČ͓ÿƀČãƔČĆ͓ã͓őČƴ͓ŁŚıőƔ͓ƳČőƔƜƀČ͓ƔŚ͓ČőƔČƀ͓ıőƔŚ͓ƔĬČ͓BČƀŏãő͓ŏãƀńČƔ ʻʻʻʻʻʻʻʻʻʻʻʻʻʻʻŸǒʻǟųőʻĦūőƚłȅʻLJĦNJǟƚőNJʻŪƤNJʻūNJƤǿǟųʻ ŁǧǒŸƚőǒǒőǒʻĦʼnʼnNJőǒǒŸƚūʻǟųőʻǒLJőłŸȫłʻƚőőʼnǒʻƤŪʻ tőǿʻNJĦƚʼnʃ łųĦƏƏőƚūőNJʻŁNJĦƚʼnǒʻŸƚʻǟųőʻĦNJőĦǒ

26. Slide 26: Investments: E-commerce & Products

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ˞ˡ̮͓͓NőƳČƈƔŏČőƔƈ̨͓*́ŚŏŏČƀÿČ͓Ώ͓—ƀŚĆƜÿƔƈ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

27. Slide 27: Ventis Overview

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ÍČőƔıƈ͓tƳČƀƳıČƴ *́ÿŚŏŏČƀÿČ͓þƜƈıőČƈƈ͓ƴıƔĬ͓ƈıĥőınjÿãőƔ͓ŽŚƔČőƔıãŇ͓ĤŚƀ͓ƳãŇƜČ͓ÿƀČãƔıŚő ØőƚǟŸǒʻŸǒʻĦƚʻőʡłƤƘƘőNJłőʻ ŁǧǒŸƚőǒǒʻĦłljǧŸNJőʼnʻŁȅʻrĦƌŸƚūʻ ­łŸőƚłőʻŸƚʻrĦȅʻȴȲȴȳʻ ƤLJőNJĦǟŸƚūʻŸƚʻTǟĦƏȅʻĦƚʼnʻ­LJĦŸƚ ¢NJƤʼnǧłǟʻĦǟőūƤNJŸőǒ FĦǒųŸƤƚʂʻOƤƘőʻĦƚʼnʻGƤǧNJƘőǟ ĦǒőʼnʻŸƚʻTǟĦƏȅ ƤǧƚǟNJŸőǒ hĦǧƚłųőʼnʻŸƚʻ­LJ

28. Slide 28: Recent Initiatives

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ šČÿČőƔ͓NőıƔıãƔıƳČƈ iãńıőĥ͓¢ÿıČőÿČ͓ıƈ͓ČƹČÿƜƔıőĥ͓ãő͓ŚŽČƀãƔıŚőãŇ͓ƔƜƀőãƀŚƜőĆ͓ƔŚ͓ČőĬãőÿČ͓ÍČőƔıƈ̲͓ĥƀŚƴƔĬ͓ãőĆ͓ŽƀŚnjƔãþıŇıƔƺ r¥f.ºTtG ¢¥$Áº º.OthGß Ɣ TƘLJNJƤǾőʼnʻ­.ʻǒǟNJǧłǟǧNJő Ɣ ǧǟƤƘĦǟŸƤƚʻLJNJƤłőǒǒʻǟƤʻ Ɣ ¥őǾĦƘLJőʼnʻÁÞʻǿŸǟųʻŸƘLJNJƤǾőʼnʻ Ɣ ÁLJūNJĦʼnőʼnʻƘőʼnŸĦʻǒǟNJĦǟőūȅʂʻ ǒLJőőʼnʻǧLJʻƘőNJłųĦƚǟʻ

29. Slide 29: Key operating metrics of turnaround plan

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ _Čƺ͓tŽČƀãƔıőĥ͓iČƔƀıÿƈ͓ŚĤ͓¯ƜƀőãƀŚƜőĆ͓—Ňãő ŇČãƀ͓ƔƀãŁČÿƔŚƀƺ͓ƔŚƴãƀĆƈ͓ŽƀŚnjƔãþıŇıƔƺ͓þƺ͓ƔĬČ͓ČőĆ͓ŚĤ͓ƔĬČ͓ƺČãƀ ºǧNJƚĦNJƤǧƚʼnʻGƤĦƏǒ főȅʻrőǟNJŸłǒʻʙßƤßʻOȳʻȴȲȴȴʻǾǒʁʻOȳʻȴȲȴȳʚ NőÿƀČŏČőƔãŇ͓št¢̑ aČãĆ͓ŚőƳČƀƈıŚő͓šãƔČ͓̻΋̼ f.ßʻTtTºTºTØ.­ʻTtʻOȴ LJLJƏȅʻ$ŸūŸǟĦƏʻrĦNJƌőǟŸƚūʻ .ȄLJőNJǟŸǒőʻǟƤʻTƚłNJőĦǒőʻ­Ħ

30. Slide 30: Q1 2022 and Financial Update

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ˞ˢ̮͓͓I˟͓ˠ˞ˠˠ͓ãőĆ͓AıőãőÿıãŇ͓¶ŽĆãƔČ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

31. Slide 31: Company Highlights Q1 2022

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ŚŏŽãőƺ͓IıĥĬŇıĥĬƔƈ I˟͓ˠ˞ˠˠ rĦƌŸƚūʻ­łŸőƚłőʻºőĦƘ TƚǟőūNJĦǟŸƤƚʻƤŪʻºNJőʻfNJƤƚƤNJʻrőʼnŸĦ tőǿʻȩłőʻŸƚʻƏŸłĦƚǟőʂʻ­LJĦŸƚ OŸūųƏŸūųǟőʼnʻtőǿʻƏŸőƚǟʻÙŸƚǒ LJőƚőʼnʻŸƚʻdǧƏȅʻȴȲȴȴ ǾőNJʻȳʂȲȲȲʻ.ƘLJƏƤȅőőǒ ȺȲȲƘɯʻǿŸǟųʻłĦLJĦłŸǟȅʻǟƤʻųƤǒǟʻ ƘƤNJőʻǟųĦƚʻȳȲȲʻőƘLJƏƤȅőőǒʻ łljǧŸNJőʼn FőŁNJǧĦNJȅʻȴȲȴȴ ƤƤǒǟǒʻʼnőƏŸǾőNJȅʻłĦ

32. Slide 32: Gross margin and recurring EBITDA

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ AıőãőÿıãŇ͓IıĥĬŇıĥĬƔƈ I˟͓ˠ˞ˠˠ BƀŚƈƈ͓iãƀĥıő͓ šČÿƜƀƀıőĥ͓*N¯$ Ĺ˧˟΋͓ Ĺˣ˥΋ ͞ˣ̮ˡi BƀŚƴƔĬ͓ BƀŚƴƔĬ͓ I˟͓šČÿƜƀƀıőĥ͓ *N¯$ OȳʻȴȲȴȴʻĦƚʼnʻFŸƚĦƚłŸĦƏʻÁLJʼnĦǟő ˢˡ΋͓ ˡ˞΋͓ NőƔČƀőãƔıŚőãŇ͓ tƀĥãőıÿ͓BƀŚƴƔĬ͓ BƀŚƈƈ͓iãƀĥıő͓ šãƔČ ̻΋͓ŚĤ͓¯ŚƔãŇ̼ tƤǟőʃʻNJőǒǧƏǟǒʻŁĦǒőʼnʻƤƚʻƤNJőʻ$ŸūŸǟĦƏʻǧǒŸƚőǒǒʁ ˡ˟ iãńıőĥ͓

33. Slide 33: Financial Results Q1 2022 vs Q1 2021

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ I˟͓ˠ˞ˠˠ͓šČƈƜŇƔƈ̨͓ŚƀČ͓$ıĥıƔãŇ͓ƜƈıőČƈƈ ¢ıĥőınjÿãőƔ͓ĥƀŚƴƔĬ͓ıő͓ŚƜƀ͓þƜƈıőČƈƈ͓ĆČŏŚőƈƔƀãƔČƈ͓ƔĬČ͓ƈƔƀČőĥƔĬ͓ŚĤ͓ŚƜƀ͓ÿŚƀČ͓ŚŽČƀãƔıŚőƈ FŸƚĦƚłŸĦƏʻ¥őǒǧƏǟǒʻʙOȳʻȴȲȴȳʻǾǒʁʻOȳʻȴȲȴȴʚ Ɣ ¥őǾőƚǧőʻĦƚʼnʻūNJƤǒǒʻƘĦNJūŸƚʻūNJőǿʻŁȅʻȳȲȳ̀ʻĦƚʼnʻ ,Q¼0 šČÿƜƀƀıőĥ͓ Ȼȳ̀ʻŸƚʻOȳʻȴȲȴȴʻǟƤʻˇȻȴʁȳrʻĦƚʼnʻˇȴȶʁȳrʂʻ šČƳČőƜČ

34. Slide 34: Recurring EBITDA bridge

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ I˟͓ˠ˞ˠˠ͓šČƈƜŇƔƈ̨͓ŚƀČ͓$ıĥıƔãŇ͓ƜƈıőČƈƈ͓̻ÿŚőƔ͌Ć̼ ÿÿČŇČƀãƔıőĥ͓þŚƔĬ͓Śƀĥãőıÿ͓ãőĆ͓ıőŚƀĥãőıÿ͓ĥƀŚƴƔĬ͓ƴĬıŇČ͓ŏãıőƔãıőıőĥ͓ŽƀŚnjƔãþıŇıƔƺ ¥őłǧNJNJŸƚūʻ.Tº$ʻNJŸʼnūőʻʙOȳʻȴȲȴȳʻʡʻOȳʻȴȲȴȴʚ Ɣ ­ƤƏŸʼnʻĦƚʼnʻǒǧǒǟĦŸƚőʼnʻƤNJūĦƚŸłʻūNJƤǿǟųʻŸƚʻOȳʻ ,Q¼0 ȴȲȴȴʻłƤƘLJĦNJőʼnʻǟƤʻǟųőʻǒĦƘőʻLJőNJŸƤʼnʻŸƚʻ ȴȲȴȳʂʻǿŸǟųʻhŸƌőʡ

35. Slide 35: Q1 2022 Results: Investments

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ I˟͓ˠ˞ˠˠ͓šČƈƜŇƔƈ̨͓NőƳČƈƔŏČőƔƈ͓̻*́ŚŏŏČƀÿČ͓Ώ͓—ƀŚĆƜÿƔƈ̼ ¢ıĥőınjÿãőƔ͓ƳãŇƜČ͓ÿƀČãƔıŚő͓ŚŽŽŚƀƔƜőıƔƺ͓ıő͓ÍČőƔıƈ͓ŚŽČƀãƔıŚőãŇ͓ıŏŽƀŚƳČŏČőƔ FŸƚĦƚłŸĦƏʻ¥őǒǧƏǟǒʻʙOȳʻȴȲȴȴʚɮ Ɣ ¢NJƤȫǟĦŁŸƏŸǟȅʻŸƘLJNJƤǾőƘőƚǟʻLJƏĦƚʻNJőƘĦŸƚǒʻƤƚʻǟNJĦłƌʻ ,Q¼0 ǿŸǟųʻłƤǒǟʻƤLJǟŸƘŸȏĦǟŸƤƚʻŸƚʻǒƤŪǟǿĦNJőʻʼnőǾőƏƤLJƘőƚǟʂʻ GNJƤǒǒ ¥őł

36. Slide 36: Net Debt

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ kČƔ͓$ČþƔ͓̻ãƈ͓ãƔ͓$ČÿČŏþČƀ͓ˡ˟̩͓ˠ˞ˠ˟̼ $ıƈÿıŽŇıőČĆ͓ƜƈČ͓ŚĤ͓ĆČþƔ͓njőãőÿıőĥ͓ãőĆ͓Čãƀő́ŚƜƔƈ͓ƔŚ͓ãÿÿČŇČƀãƔČ͓ĥƀŚƴƔĬ tőǟʻ$őŁǟʻĦǟʻ$őłőƘŁőNJʻȵȳʂʻȴȲȴȳʻʙˇʻƘŸƏƏŸƤƚǒʚɮ Ɣ tőǟʻ$őŁǟʻŸƚłNJőĦǒőʼnʻʼnǧőʻǟƤʻĦłljǧŸǒŸǟŸƤƚǒʻ Ħƚƌʻ$őŁǟɯ ˇȴȶʁȸ ǧƚʼnőNJǟĦƌőƚʻŸƚʻȴȲȴȳ Ɣ łljǧŸǒŸǟŸƤƚǒʻųĦǾőʻŁőőƚʻȫƚĦƚłőʼnʻǿŸǟųʻĦʻƘŸȄ

37. Slide 37: Credit profile

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ƀČĆıƔ͓—ƀŚnjŇČ͓̻ãƈ͓ãƔ͓$ČÿČŏþČƀ͓ˡ˟̩͓ˠ˞ˠ˟̼ iãńıőĥ͓¢ÿıČőÿČ͓ıƈ͓ƴČŇŇ́ŽŚƈıƔıŚőČĆ͓ƔŚ͓njőãőÿČ͓ıƔƈ͓ĥƀŚƴƔĬ͓ƈƔƀãƔČĥƺ $őŁǟʻrĦǟǧNJŸǟȅʻ­łųőʼnǧƏő NJőʼnŸǟʻ¢ƤǒŸǟŸƤƚ ȳ ʼnƉǧǒǟőʼnʻtőǟʻ$őŁǟʻʙƤƚʼnʻƤǾőƚĦƚǟʚɯ ˇȴȹʁȹ ƤƚʼnʻƤǾőƚĦƚǟʻʙȴȲȴȴʻßőĦNJʻ.ƚʼnʚ ȵȄʻtőǟʻ$őŁǟʻʎʻ.Tº$ NJőʼnŸǟʻ¥ĦǟŸƚūʻʙ.ǟųŸFŸƚĦƚłőʚɰ ʻʙ¢ƤǒŸǟŸǾő

38. Slide 38: Shareholder Information

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ¢ĬãƀČĬŚŇĆČƀ͓NőĤŚƀŏãƔıŚő ¢ıĥőınjÿãőƔ͓ŚőĥŚıőĥ͓ıőƳČƈƔŏČőƔ͓ĤƀŚŏ͓ńČƺ͓ƈƔãńČĬŚŇĆČƀƈ͓ŚĤ͓ƔĬČ͓ÿŚŏŽãőƺ ­ųĦNJőʻTƚŪƤNJƘĦǟŸƤƚ ­ųĦNJőųƤƏʼnőNJʻƤƘLJƤǒŸǟŸƤƚ FNJőőʻFƏƤĦǟ ʙrĦʼnNJŸʼnʚ ʙ¢ĦNJŸǒʚ ºNJőĦǒǧNJȅʻ­ǟƤłƌ ­ųĦNJőǒʻǧǟǒǟĦƚʼnŸƚū ȺʂȴȺȷʂȻȸȹ ǟųőNJʻrĦƚĦūőƘőƚǟʻ ĦƚʼnʻFƤǧƚʼnőNJǒʻŪNJƤƘʻ TƚǟőūNJĦǟőʼnʻƤƘLJĦƚŸőǒ ǧNJNJőƚ

39. Slide 39: Thank you

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ¯Ĭãőń͓ƺŚƜ̫ ¯ĬČ͓$ıĥıƔãŇ͓ÿÿČŇČƀãƔıŚő͓ŚŏŽãőƺ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

40. Slide 40: Appendix

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ŽŽČőĆıƹ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

41. Slide 41: Q1 2022 results by business area

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ I˟͓ˠ˞ˠˠ͓šČƈƜŇƔƈ͓þƺ͓ƜƈıőČƈƈ͓ƀČã OȳʻȴȲȴȳ OȳʻȴȲȴȴ OȳʻʮȴȳʡʯȴȴʻGNJƤǿǟųʻ¥Ħǟőǒ ƤNJőʻ$Ÿūʁʻ TƚǾőǒǟʡ ƤNJőʻ$Ÿūʁʻ TƚǾőǒǟʡ ƤNJőʻ Łţɴʀr ­LJĦŸƚ TƚǟʵƏ ºƤǟĦƏ ­LJĦŸƚ TƚǟʵƏ ºƤǟĦƏ ­LJĦŸƚ TƚǟʵƏ ǧǒ Ƙőƚǟǒ ǧǒ Ƙőƚǟǒ $Ÿūʁʻǧǒ tőǟʻ¥őǾőƚǧő ȵȺʁȶȲȹ ȹʁȵȵȴ ȶȷʁȹȵȻ ȷȺȸ ȶȸʁȵȴȷ ȷȶʁȲȷȳ ȵȺʁȲȷȻ ȻȴʁȳȳȲ ȷʁȻȷȳ ȻȺʁȲ

42. Slide 42: International acquisitions, partnerships and Joint Ventures

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ ÿſƜıƈıƔıŚőƈ̩͓—ãƀƔőČƀƈĬıŽƈ͓ãőĆ͓]ŚıőƔ͓ÍČőƔƜƀČƈ ͓ TƚǟőNJƚĦǟŸƤƚĦƏʻłljǧŸǒŸǟŸƤƚǒ ǟųőNJʻTƚŸǟŸĦǟŸǾőǒ <jI gI<]NIrdIgjQhI›E]ZdYIZI[j<gQjs <jI gI<]NIrdIgjQhI›E]ZdYIZI[j<gQjs $EjÁ¿Á¿ Ʉ +gIhI[EIQ[j<Ys Ʉ G0IEPjIEP[]Y]OQE<YdY<jN]gZD<hIGQ[ /IdÁ¿ÁÀ !<YY]gE< ¥ÄÀئ IDÁ¿ÁÀ Ʉ +gIhI[EIQ

43. Slide 43: Analyst coverage

    ͓͓͓͓͓ŏãńıőĥ͓ƈÿıČőÿČ͓͓Ζ͓͓NőƳČƈƔŚƀƈ őãŇƺƈƔ͓ŚƳČƀãĥČ ͓ .ljǧŸǟȅʻNJőǒőĦNJłųʻĦƚĦƏȅǒǟʻNJőLJƤNJǟǒʻĦNJőʻĦǾĦŸƏĦŁƏőʻǟƤʻŸƚǾőǒǟƤNJǒʻƤƚʻrĦƌŸƚūʻ­łŸőƚłőʯǒʻTƚǾőǒǟƤNJʻ¥őƏĦǟŸƤƚǒʻLJĦūő NJƤƌőNJ ƚĦƏȅǒǟ FĚƓţïţĒŭɴĊƓŁŘɚrïƓƨŭƓĚŘŘ TLJðţɴ­ïţɴFěŘŁǍɴïƓĊïŒŭ LJLJőƚʼnŸȄ ˢˠ iãńıőĥ͓¢ÿıČőÿČ͓BƀŚƜŽ̩͓¢͓͓́ŚőnjĆČőƔıãŇ

Making Science Group — Iberian Digital Forum (October 2022) on 6ix