SimCorp

Management Reports • Sep 24, 2016

At the outset of 2016, SimCorp expected that 75% of the new SimCorp Dimension
licenses signed during the year would be on subscription based terms and 25%
would be on perpetual based terms. Based on the order inflow so far in 2016 and
taking into account that the new North American client, which was announced
today (see Company Announcement no 37/2016) is also on perpetual licensing
terms, SimCorp now expects that split to be around 50% on subscription and 50%
on perpetual based terms.

Consequently, SimCorp updates its 2016 expectations for revenue growth measured
in local currencies to be between 5% and 10% (previously between 3% and 8%) and
EBIT margin measured in local currencies to be between 22% and 24% (previously
between 21% and 24%).

Further, SimCorp updates its expectations for growth in adjusted non-GAAP
revenue measured in local currencies to be between 10% and 15% (previously
between 8% and 15%). The expectation for adjusted non-GAAP EBIT margin measured
in local currencies is maintained between 24% and 28%.

Enquiries regarding this announcement should be addressed to:
Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)
Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 2811
3828)

Company Announcement no. 38/2016