Allgeier SE

Investor Presentation • Mar 1, 2017

Company Presentation March 2017

Allgeier at a glance

Full-service approach and comprehensive portfolio

Fast-growing technologies and future trends

Performance

A comprehensive portfolio qualifies Allgeier to be partner of large and mid cap clients in all relevant topics and required services

High End-Software & Application Engineering

• Nearshore / Offshore Development
• Implementation
• Management
• Testing

Software lifecycle projects

Application Management Services

• Outtasking
• Nearshore / Offshore Delivery
• IT Service Management

Process & IT Consulting

• IT Architectures
• E-Commerce & Portals
• Mobile Enterprise
• Big Data / Business Intelligence
• Apps

Technology Solutions / Business Software Experts

Software Solutions

• Standard Software Solutions
• Microsoft, SAP, IBM, Oracle etc.
• Proprietary Software Solutions
• ERP, IT-Security, ECM / DMS, BPM, Medical IT/E-Health

Business Solutions

• Cloud Solutions
• Security & Compliance Solutions
• Collaboration Solutions
• Mobile Computing Solutions
• Business Process Management

Contracting

Recruitment and support of experts for projects on a service contract basis

Temp

Placement of experts and specialists in the context of personnel leasing

Perm

Filling of professional and leadership positions with permanent hires

Services

Responsible design, sourcing, implementation and support of projects and services

Allgeier's top line has been powered by both organic growth and acquisitions: 17% CAGR

Sales¹ / Sales pro forma²

• Allgeier reports strong growth in recent years: Sales¹ +17% CAGR (2007 – 2015)
• Sales pro forma (incl. historical values of companies acquired² ): +12% CAGR (2007 – 2015)
• Allgeier accelerates growth and expands the solutions and services portfolio through highly selective acquisitions

1 in EUR millions; continued operations according to IFRS (excl. discontinued operations)

2 in EUR millions; acquisitions from insolvency and asset deals excluding historical values; excl. discontinued operations

Across its business units, Allgeier is a broadly based IT group serving hundreds of customers in all important industries

1 Sales by business unit in EUR millions; continued operations according to IFRS, division information including intercompany balances

Allgeier works for leading companies across a range of different industries – from global groups to medium-sized businesses

Sales by industry

Local and international presence gives Allgeier flexibility for allocation of resources

79 sites in Germany

• 7 sites in Austria and Switzerland
• 12 sites in rest of Europe and Turkey
• 7 sites in the USA and Mexico
• 7 sites in Singapore, Vietnam and India

"Blended shoring" approach with onsite presence and flexible nearshore / offshore capacities

• Prague (Czech Republic) and Timisoara (Romania) are nearshore sites
• Additional offshore development unit built up in Vietnam
• India with more than 3,000 highly qualified developers¹ is the offshore centre for High-End Software & Application Development & Management

1 as of December 31, 2016

Through selective acquisitions, exits and continuous mergers Allgeier has formed one of the leading IT groups in the German-speaking world

58 Acquisitions1	 Buy and build concept with strategic anchor acquisitions to step into attractive fields and  Complementary acquisitions arising from technology, people, client and size reasons
28 Mergers1	Careful and smooth integration (1000 days program) to build larger units through market-,  business model- and culture-orientated pooling  Ongoing integration process across all business units
8 Exits1	 Ongoing agile portfolio development  Turning hidden reserves into equity Generating funds to invest in attractive new fields 
Awards	Several awards, recently i.e. #1 Lünendonk®-List 2016 "Leading German medium-sized IT consulting and system  integration companies"  TOP 3 IT personnel services companies Lünendonk®-Study 2016

Allgeier at a glance

Full-service approach and comprehensive portfolio

Fast-growing technologies and future trends

Performance

Allgeier Experts: Leading provider of flexible personnel services

Experts Technology Solutions / Business Software

Facts and Figures

• ~ 2,000 salaried IT experts and commercial specialists
• ~ 1,200 freelance IT experts, commercial specialists and engineers on project assignments

• 100,000 expert pool of IT experts, IT-related engineers and commercial experts for temporary assignments

• 10,000 candidates pool wanting permanent employment

• "Just in time" services meeting exactly the customers' needs: 41 sites in 3 countries, thereof 37 in Germany, 1 in Switzerland and 3 in Turkey
• Among top 3 personnel service-providers in Germany according to the Lünendonk® 2016 market segment study "The market for recruiting, mediating and managing IT freelancers in Germany"

Allgeier Experts: Leading provider of flexible personnel services

Allgeier Technology: Specialist for Digitalization and High-End Application Development

Experts Technology Solutions / Business Software

Facts and Figures

• 3,800 permanent employees and around 150 freelance IT experts

• 3,200 highly qualified IT developers in near- and offshore centres in India, Vietnam, Romania and Czech Republic

• International setup and flexible provision: 41 sites in 16 countries, thereof 18 in Germany, 11 in Europe (Austria, Switzerland, France, Romania, Czech Republic, Sweden, Norway, Denmark, Finland and United Kingdom), 6 in U.S.A., 1 in Mexico, 1 in Singapore, 1 in Vietnam and 3 in India
• CMMI certification level 5
• ISO 27001 certification

Allgeier Technology: Specialist for Digitalization and High-End Application Development

Partnerships Solutions and Services References  High End Software & Application  7 out of 20 biggest* German Engineering companies - Nearshore / Offshore  6 out of 30 DAX listed Development companies - Implementation > 300 national and international  - Management customers from almost all - Testing sectors, i.e.,  Software Lifecycle Projects - BMW  Application Management - E.ON Services - Pfizer  Business Process Consulting & - Hewlett Packard Analysis Technologies - Lufthansa  IT Consulting - Nestlé  IT Architectures - Deutsche Telekom E-Commerce & Portals  - GE Mobile Enterprise   Business Intelligence / Big Data	Experts	Technology	Solutions / Business Software
 Apps

Allgeier Solutions / Business Software: Provider of high-performance solutions and services

Experts Technology Solutions / Business Software

Facts and Figures

• ~ 300 permanent employees
• High scalability and local presence: 30 sites in 5 countries, thereof 24 in Germany and 6 in Switzerland, Austria, France and Denmark
• ISO 9001 certification

• 1 in Lünendonk® List 2016 of "Leading German medium-sized IT consulting and system integration companies"

• Allgeier IT Solutions: Cloud Leader 2015 in "SaaS ERP for SMEs" according to Experton Cloud Vendor Benchmark 2015

• 1 in COMPUTERWOCHE and ChannelPartner's customer survey evaluating the best German IT services companies 2013 (#2 in 2014 and 2012)

• Allgeier CH: Microsoft "Cloud Innovation" Partner of the year 2013

Allgeier Solutions / Business Software: Provider of high-performance solutions and services

Experts	Technology	Solutions / Business Software
Solutions and Services	References	Partner Solutions
Enterprise Resource Planning  (ERP) (i.e., Microsoft Dynamics, and Allgeier solution cierp3®)  Enterprise Content Management (ECM)  Cloud Solutions  Security & Compliance Solutions Mobile Computing Solutions   Virtualisation  Business Process Management  Unified Communications Application Management  Services Outtasking   Managed Services  Infrastructure Services	12 out of 20 biggest German  companies  15 out of 30 DAX listed companies  6 out of 10 biggest German insurance companies 7 out of 20 biggest* German  banks  > 2,000 national and international customers from almost all sectors, i.e., - Siemens - Vodafone - BMW - Audi - Intel - ALSTOM - SAP - Oracle - EADS - Gothaer	Allgeier Solutions and Frameworks
* in terms of sales

** in terms of revenues

Allgeier at a glance

Full-service approach and comprehensive portfolio

Fast-growing technologies and future trends

Performance

The German IT solutions and services market has shown stable growth for many years

• In the last few years, Information Technology has changed the working methods of nearly every industry and public administration to a decisive degree
• IT is now the most important driver for innovation in nearly every industry
• As an innovative full-service supplier, Allgeier benefits from such development
• Products and services offered in Experts, Technology, Solutions / Business Software business units are a reflection of the dynamic nature of the markets and corresponding customer demands

Source: BITKOM, EITO (March 2016), own estimate; all figures in EUR billions

Allgeier focuses on fast-growing technologies and on future trends

Technology and market trends 2016

Source: BITKOM sector barometer first six months of 2016, "The most important technology and market trends from the point of view of the ICT sector"

Allgeier at a glance

Full-service approach and comprehensive portfolio

Fast-growing technologies and future trends

Performance

Sales growth both organically and through acquisitions CAGR 17%

1 in EUR millions; continued operations according to IFRS (excl. discontinued operations), segment information including intercompany balances

2 in EUR millions; acquisitions from insolvency and asset deals excluding historical values; excl. discontinued operations, segment information including intercompany balances

HY1 2016: Double-digit sales and earnings growth

Revenue¹

HY1 2016 sales¹ up to EUR 237.0 m (+18 %)

• HY1 2016 adjusted EBITDA² up by 40 % to EUR 15.4 m previous year: EUR 11.0 m)
• HY1 2016 EBITDA¹ up by 52 % to EUR 13.4 m (previous year: EUR 8.8 m)

1 Continued operations according to IFRS, in EUR million 2 EBITDA before effects that qualify operationally as extraordinary or relating to other accounting periods

Allgeier focuses on performance, flexibility and innovation

Performance	High growth: Sales1  CAGR 17 % (2007 – 2015) EBITDA1 CAGR 19 % (2007 – 2015)  2015)2  Growth permanent employees: CAGR 30 % (2007 –
Flexibility	 Three strong business units with high sector and technical specialization form an integrated Group  Blended shoring approach – nearshoring and offshoring with > 3,200 highly qualified IT experts at sites in Romania, Czech Republic, Vietnam and India

Innovation	Concentrate on highly innovative business fields such as Digitalization, Cloud Computing,  IT Security, Big Data / Datability, Mobile Applications, Outsourcing, Enterprise Content Management, Collaboration

1 Continued operations in accordance with IFRS 2 6,186 permanent employees and 1,313 temporary assignments (continued operations as of September 30, 2016)

Allgeier SE

Wehrlestrasse 12

81679 Munich

Germany

Tel: +49 (0) 89 99 84 21-0

Fax: +49 (0) 89 99 84 21-11

Email: ir@allgeier.com Web: www.allgeier.com