Allgeier SE

Investor Presentation • Nov 5, 2015

Company Presentation

November 2015

www.allgeier.com

Allgeier at a glance

Full-service approach and comprehensive portfolio

Fast-growing technologies and future trends

Performance

Allgeier SE is one of the leading IT companies for Business Performance: Allgeier combines the advantages of an international provider with the merits of medium-sized companies with a growth strategy oriented consistently to innovations and future trends, and an integrative business model.

Allgeier's comprehensive portfolio comprises three Business Groups

EXPERTS	SOFTWARE DEVELOPMENT	SOLUTIONS/ BUSINESS SOFTWARE
Expert Staffing & Recruiting Contracting Temporary Employment Placement Services Third Party Management Project Staffing Outsourcing of Projects and Support Functions	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	Software Solutions  Standard Software Solutions - Microsoft, Infor, SAP, IBM, Oracle etc.  Proprietary Software Solutions - ERP, IT-Security, ECM/DMS, BPM, Medical IT Business Solutions  Cloud Solutions  Security & Compliance Solutions  Collaboration Solutions  Mobile Computing Solutions  Business Process Management

Allgeier focuses its business model on high-growth areas offering above-average development potential¹

GROUP LEVEL	Allgeier Group
BUSINESS GROUP LEVEL		Experts		Software Development	Solutions / Business Software
DIVISION LEVEL		Allgeier Experts	Nagarro	mgm technology partners	Solutions	terna
COMPANY	Goetzfried		Nagarro Group	mgm technology p.	Allgeier IT Solutions Gr.	terna Group
	TECOPS		Nagarro (Austria)	mgm consulting p.	Allgeier ProductivitySol.
LEVEL	networker			mgm security p.	b+m Informatik
	U.N.P.			MOS-Tangram	Talentry
	Goetzfried Professionals				Allgeier Medical IT
	Oxygen Consultancy				Metasonic
	SearchConsult				Allgeier CH
					BSH IT Solutions

1) Group structure without discontinued operations

www.allgeier.com

Allgeier's top line has been powered by both organic growth and acquisitions: 22% CAGR

Sales¹/ Sales pro forma²

• Allgeier reports strong growth in recent years: Sales continued operations according to IFRS (excluding sold divisions): +22% CAGR (2006-2014)
• Sales pro forma (incl. historical values of companies acquired² ): +14% CAGR (2006-2014)
• Allgeier accelerates growth and expands the solutions and services portfolio through highly selective acquisitions

1) in EUR millions; continued operations according to IFRS (excluding sold basic technology and temping divisions, excl. DIDAS and Benelux+Cyprus+Turkey Group) 2) in EUR millions; acquisitions from insolvency and asset deals excluding historical values, excl. DIDAS and Benelux+Cyprus+Turkey Group

As an integrated company Allgeier's portfolio of IT offerings spans across various sectors, industries and customers

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

Sales by industry

www.allgeier.com

Local and international presence gives Allgeier flexibility for allocation of resources

• 67 sites in Germany
• 15 sites in Austria and Switzerland
• 10 sites in rest of Europe and Turkey

• 7 sites in the USA, Mexico, Singapore and India

• Blended shoring approach with onsite presence and and nearshore/offshore capacities

• Prague (Czech Republic) and Timisoara (Romania) are nearshore sites
• India is the offshore centre for High-End Software & Application Development & Management

Through highly selective acquisitions Allgeier has formed one of the leading IT Groups in the German-speaking world

Allgeier focusses on performance, flexibility and innovation

Performance	 High growth: Sales CAGR 22% (2006-2014), EBITDA CAGR 19% (2006-2014)  Growth permanent employees: CAGR 27% (2009-2014)1
Flexibility	 Business Groups with high autonomy in specialized fields form an integrated Group  Blended shoring approach – nearshoring and offshoring with > 3,000 highly qualified IT experts at sites in Romania, Czech Republic and India
Innovation	 Concentrate on highly innovative business fields such as IT Security, Cloud Computing, Mobile Applications, Big Data/Datability, Outsourcing, Enterprise Content Management, Collaboration/Enterprise 2.0 und Recruiting/Expert Staffing

1) 6,037 permanent employees and 1,398 freelance experts (as of September 30, 2015)

Allgeier at a glance

Full-service approach and comprehensive portfolio

Fast-growing technologies and future trends

Performance

Business Group EXPERTS: Leading provider of flexible personnel services

EXPERTS SOFTWARE DEVELOPMENT SOLUTIONS/BUSINESS SOFTWARE

Facts and Figures

• 1,800 salaried IT experts and commercial specialists

• 1,000 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 wanting permanent employment

• "Just in time" meeting exactly the customers' needs: 30 sites in 3 countries, thereof 26 in Germany, 1 in Switzerland and 3 in Turkey
• Among top 3 personnel service-providers in Germany according to the Lünendonk® 2014 market segment study "The market for recruiting, mediating and managing IT freelancers in Germany"

Operating units

Business Group EXPERTS: Leading provider of flexible personnel services

EXPERTS SOFTWARE DEVELOPMENT SOLUTIONS/BUSINESS SOFTWARE

Solutions and Services References

• Recruitment of IT freelancers, IT and commercial experts, specialists or managers for projects, as part of temporary employment or within the framework of service or factory contracts
• Realization of personnel services projects (service desk, onsite, rollout): staffing and personnel resources management with service level agreement-responsibility
• Recruitment services/Direct placement
• Contracting/Agency services (Umbrella)

• Analysis of personnel requirements and profile analysis

• 11 out of 20 biggest* German companies

• 16 out of 30 DAX listed companies
• 11 out of 20 biggest** German banks

• 300 national and international customers from almost all sectors, i.e.

• IBM
• Daimler
• Lufthansa
• ERGO
• UniCredit
• Commerzbank
• Deutsche Telekom
• Siemens
• Allianz

* in terms of sales ** in terms of total assets Highly demanded Competences in Expert Pool (extract)

SAP BW J2EE 5 XAML ASP.Net AJAX Microsoft BizTalk Server Windows Communication Foundation (WCF) LINQ C#, VB.Net SilverLight iOS Business Objects Macromedia Flash + Flex Facebook API SAP Mobile Web 2.0 (RSS, ATOM) SAP XI Server-oriented Technologies Workflow Engines IBM WebSphere Portal Server BEA Web logic RAD Frameworks Microsoft SQL Server Hibernate Business Intelligence Visual Studio

Business Group SOFTWARE DEVELOPMENT: Specialist for high-end application development and software licecycle management

EXPERTS SOFTWARE DEVELOPMENT SOLUTIONS/BUSINESS SOFTWARE

Facts and Figures

• 3,200 permanent employees and around 150 freelance IT experts

• 3,000 highly qualified IT developers in near- and offshore centres in India, Romania and Czech Republic

• International setup and flexible provision: 29 sites in 12 countries, thereof 15 in Germany, 7 in Europa (Austria, France, Romania, Czech Republic, Sweden, Denmark and United Kingdom), 3 in U.S.A., 1 in Mexico, 1 Singapore and 3 in India
• CMMI certification level 5
• ISO 27001 certification

Operating units

Business Group SOFTWARE DEVELOPMENT: Specialist for high-end application development and software licecycle management

EXPERTS SOFTWARE DEVELOPMENT SOLUTIONS/BUSINESS SOFTWARE

Solutions and Services	References	Partnerships
 High End Software & Application Engineering - Nearshore/Offshore Development - Implementation - Management - Testing	 7 out of 20 biggest* German companies  5 out of 30 DAX listed companies  > 300 national and international customers from almost all sectors, i.e.
 Software Lifecycle Projects	- BMW
 Application Management Services	- E.ON - Pfizer
 Business Process Consulting & Analysis	- Hewlett Packard	Technologies
 IT Consulting	- Lufthansa
 IT Architectures	- Nestlé
 E-Commerce & Portals	- Deutsche Telekom
 Mobile Enterprise	- GE
 Business Intelligence/Big Data  Apps	* in terms of sales

Business Group SOLUTIONS/BUSINESS SOFTWARE: Provider of high-performance solutions and services

EXPERTS SOFTWARE DEVELOPMENT SOLUTIONS/BUSINESS SOFTWARE

Facts and Figures

• 600 permanent employees and ~ 20 freelance IT experts

• High scalability and local presence: 37 sites in 8 countries, thereof 25 in Germany and 12 in rest of Europe (Switzerland, Austria and Poland)

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

• ISO 9001 certification
• Allgeier IT Solutions: Cloud Leader 2015 in "SaaS ERP for SMEs" according to Experton Cloud Vendor Benchmark 2015
• Allgeier CH: Microsoft "Cloud Innovation" Partner of the year 2013
• Metasonic: Awarded by Gartner as "Cool Vendor" for business process management software in 2014

Operating units

Business Group SOLUTIONS/BUSINESS SOFTWARE: Provider of high-performance solutions and services

EXPERTS SOFTWARE DEVELOPMENT SOLUTIONS/BUSINESS SOFTWARE

Solutions and Services	References	Partner Solutions
 Enterprise Resource Planning (ERP) (i.e. Microsoft Dynamics,	 12 out of 20 biggest* German companies
Lawson M3 and Allgeier solution cierp3®)	 13 out of 30 DAX listed companies
 Enterprise Content Management (ECM)	 6 out of 10 biggest** German insurance companies
 Cloud Solutions	 7 out of 20 biggest** German
 Security & Compliance Solutions	banks  > 2,000 national and	Allgeier Solutions und Frameworks
 Mobile Computing Solutions	international customers from almost all sectors, i.e.
 Virtualisation	- Siemens
 Business Process Management	- Vodafone
 Unified Communications	- BMW
 Application Management Services	- Audi - Intel
	- ALSTOM
 Outtasking	- SAP
 Managed Services	- Oracle * in terms of sales
 Infrastructure Services	- EADS in terms of revenues - Gothaer * in terms of total assets

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

Source: BITKOM, EITO (March 2015), own estimate; all figures in EUR billions

• 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, Software Development, Solutions/Business Software Business Groups are a reflection of the dynamic nature of the markets and corresponding customer demands.

Allgeier focuses on fast-growing technologies and on future trends

Technology and market trends 2015

Trend	Frequency of mention	Allgeier Solutions
Cloud Computing	64%	e.g. cloud business solutions, such as cierp3® ERP solution, scanview® on demand ECM solution
IT Security	61%	e.g. JULIA MailOffice® email solution
Big Data/Datability	48%	e.g. mgm Hadoop for high-performance mass data processing
Industry 4.0	42%	e.g. standard and individual software solutions applications
Mobile Apps/Mobile Computing	40%	e.g. application development, SC mobile regulatory offences solution, scanview® Mobile, syntona® logic Mobile App
Enterprise Content Management	28%	e.g. comprehensive Microsoft SharePoint business services
Collaboration/Enterprise 2.0	28%	e.g. game-changing unified communications solutions
IT Outsourcing	26%	e.g. global application management services
Business Process Management	21%	e.g. proprietary software solutions, business solutions such as Metasonic® Suite

Source: BITKOM (industry trend survey, January 2015, "Highlights 2015")

www.allgeier.com 21

Allgeier at a glance

Full-service approach and comprehensive portfolio

Fast-growing technologies and future trends

Performance

Strong sales growth CAGR 22%

Sales¹

Experts Software Development Solutions/Business Software

www.allgeier.com 1) in EUR millions; continued operations according to IFRS 2) in EUR millions; excl. DIDAS and Benelux Group) excl. DIDAS and Benelux Group

Experts Software Development Solutions/Business Software

(excluding sold basic technology and temping divisions, acquisitions from insolvency and asset deals excluding historical values,

Strong earnings growth CAGR 19% – Strong operating cash flow growth CAGR 27%

www.allgeier.com continued operations according to IFRS (excluding sold divisions)

HY1 2015: Sales CAGR 13% – EBITDA CAGR 9%

Sales¹

H1 2009 H1 2010 H1 2011 H1 2012 H1 2013 H1 2014 H1 2015

EBITDA¹

H1 2009 H1 2010 H1 2011 H1 2012 H1 2013 H1 2014 H1 2015

1) in EUR millions; continued operations according to IFRS

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

www.allgeier.com