Slide 1: Hecho Relevante - Gigas Hosting
OTRA INFORMACION RELEVANTE gigas HECHO RELEVANTE GIGAS HOSTING, S.A. 24 de junio de 2020 En cumplimiento de lo dispuesto en el articulo 17 del Reglamento (UE) n° 596/2014 sobre abuso de mercado y en el articulo 228 del texto refundido de la Ley del Mercado de Valores, aprobado por el Real Decreto Le
Slide 2: Investors Presentation Spring European Midcap
Investors Presentation Spring European Midcap 1
Slide 3: About Gigas
About Gigas Gigas is a cloud computing company that started to provide services in 2012, operating in the "Infrastructure as a Service" (laaS) segment A sector with significant growth rates (over 25% per year in Spain and Latam, in the 2014-2018 period, according to Gartner), and consolidation oppor
Slide 4: Employees, Sector, Clients, Datacenters
Employees Sector +100 “Infrastructure as a Service” (IaaS) Clients 8 Datacenters +3,500 Madrid, Barcelona, Lisbon, Port Miami, Bogota & Santiago de Chile Offices Listed in Madrid Mexico, USA, Colombia, Stock Exchange Peru, Chile, Panamá, Spain & Portugal GIGA 3
Slide 5: Leading provider of cloud computing services in the markets we operate
Leading provider of cloud computing services in the markets we operate 4
Slide 6: Management team
Lola Molins Alberto Fernández Cristian García MARKETING DIRECTOR SALES DIRECTOR FINANCIAL CONTROLLER 5
Slide 7: Shares listed on the Alternative Stock Market (MAB)
** 100% of Gigas 4.3 million shares are listed on the Alternative Stock Market (MAB) in the Madrid Stock Exchange * Bonsai Venture Capital and Caixa Capital Risc ** 5 of those private investors have a seat in the Board (jointly controlling 9.4% of the shares) 6
Slide 8: Award Winning Technology
Award Winning Technology st Proveedor de Servicios Cloud en Espafia 4%) MsPmentor Global Edition, 2015 & 2016 Proveedor Destacado a Nivel Mundial 25 Gartner Cloud Infrastructure as a Service 2013, 14, 15, 17 & 18 Mejor Servicio laaS del Mercado Mba) Eurocloud 2013 & 2014 Mejor Cloud Hoster Global Th
Slide 9: Some Companies Hosted at Gigas
Some Companies Hosted at Gigas YS I BBVA Bancomer VICSA @) Diners Cu European Space Agency MetLife Aen Avianca vere, Rou AION __Tecnocom ENAIRE => ote 1 : 4 =) @ WPP Walmart>\< [Mj ® EES... MERCADONA FoRMULA ym — Y IBERDROLA = = Viajes ay —_ Coy ~~ NaPearib CaConte jngts’> EY a by Televisa aripe WWF
Slide 10: Infrastructure & Technology
Infrastructure & Technology Partners Getting the cloud infrastructure as closest to the customer as possible is key for user experience, technical and regulatory reasons: * Own infrastructure in eight external datacenters, with the highest Security and Availability certifications (Tier Ill and Tier
Slide 11: Customer Figures
Customer Figures « Cloud VPS customers reached 2,766 at the ¢ Cloud Datacenter ARPU decreased in 2019 to end of Q1 2020, lower than the 3,083 a year earlier, but in line with Gigas’ strategy of focusing on greater added value customers Cloud Datacenter, aimed at medium and large corporates, is Gigas
Slide 12: EUR Millions EUR Millions
• • EUR Millions EUR Millions 11
Slide 13: EUR Millions EUR Millions
EUR Millions • • EUR Millions 12
Slide 14: EBITDA FY 2019
EBITDA FY 2019 ° FY 2019 EBITDA grew 54.9% in the last year, reaching €2.50M, due to organic growth, AHP contribution and cost efficiencies. ° Final EBITDA for the year slightly higher than guidance provided (€2.4M) but still a bit below budget (1.9% lower than €2.55M budgeted) ° A total of €348K of
Slide 15: EBITDA Q1 2020
EBITDA Q1 2020 ° Q1 2020 EBITDA (before M&A and stock options) reached €0.67M in the quarter, 2.4% higher than the EBITDA from Q1 2019 ° EBITDA in the quarter was slightly below budget, due mostly to the impact from currencies in LATAM. At constant currency rates, EBITDA would have been €0.74M, 12.1
Slide 16: 2019 Results Compared to 2018 and Budget
2019 Results Compared to 2018 and Budget CONSOLIDATED INCOME STATEMENT 2019 2018 Budget 2019 Figures in EUR JAN-DEC % JAN-DEC % JAN-DEC Gross sales 11,846,249 16.7% 10,155,158 0.1% 11,832,270 Accrued sales 73,291 -184.1% (87,111) 387.0% 15,050 Sales discounts and promotions (1,691,622) 22.2% (1,384,
Slide 17: Gross income note
NB *: Gross income calculated as “Revenue” less “Cost of sales”. 16
Slide 18: 2020 Budget and Potential COVID-19 Impact
2020 Budget and Potential COVID-19 Impact vy ° Due to COVID-19 crisis and currencies, we expect Q2 to be impacted negatively from discounts and subsidies offered to help customers, loss of some customers, bad debt and the already mentioned currency impact ° We expect to see an improvement in Q3, and
Slide 19: Gigas Desktop
• yourcompany.gigasdesktop.com 18
Slide 20: Inorganic Growth
Inorganic Growth * The cloud and hosting market is dominated by 3-4 large players (c.50% of the market) whereas the other half is extremely fragmented. ° Gigas is exploiting the opportunity to acquire companies with good business customer bases which bring volume and significant synergies. * Two com
Slide 21: 2019 Balance Sheet
vy 2019 Balance Sheet ° Intangible assets, Deferred tax liabilities and Receivables grew substantially linked to the AHP acquisition (and the other two acquisitions from 2018) ° Investment in property, plant and equipment was €0.67M, €0.33M less than the previous year and also €0.35M short of the €1
Slide 22: Capex to Sales
• • • Figures in Thousands of Euros Capex to Sales (excl. M&A) 21
Slide 23: 2019 Cashflow Statement
2019 Cashflow Statement Figures in Euros 2019 Result Adjustments 2,155,445 Changes in accruals and bad debt 73,724 D&A 1,825,413 Other non-cash (R&D capit., ESOP, Subsidies...) (151,655) Net financial result 407,963 Changes in Working Capital (25,926) Interest and Taxes Outflows (501,249) Interests
Slide 24: Figures in Thousands of Euros
• Figures in Thousands of Euros • Figures in Euros Figures in * Thousands of Euros • • • 23
Slide 25: Share Evolution and Analysts' Reports
Share Evolution and Analysts’ Reports Share remained fairly flat during 2019, ending at €6.82 at year end, a 4.9% increase during the year Share Price hit by the COVID-19 impact on markets reaching a low of €4.15 in March, but recovering since then Management believes share price will continue recov
Slide 26: Investor relations contact
Investor relations contact: investor@gigas.com accionista@gigas.com — gigas