Allgeier SE — Investor Presentation 2016

Sep 14, 2016

Company Presentation September 2016

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

Business Solutions

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

Contracting

• Provision of IT experts as subcontractors
• Handling projects that are finalized by subcontractors

IT Projects and Managed Services

• IT and Consulting Projects
• Managed Services
• Project Management

Personnel Leasing

Leasing of IT and commercial experts, specialists or managers

Recruiting

Provision of highly-skilled IT experts for middle and top management

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

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

Sales by industry

All figures in EUR millions

Local and international presence gives Allgeier flexibility for allocation of resources

57 sites in Germany

• 9 sites in Austria and Switzerland
• 11 sites in rest of Europe and Turkey
• 6 sites in the USA and Mexico
• 5 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 June 30, 2016

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

57 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 
7 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: 28 sites in 3 countries, thereof 24 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: 37 sites in 14 countries, thereof 16 in Germany, 10 in Europa (Austria, France, Romania, Czech Republic, Sweden, Norway, Denmark and United Kingdom), 5 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: 23 sites in 3 countries, thereof 17 in Germany and 6 in Switzerland and Austria
• 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%

Sales¹

Sales pro forma²

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

• HY1 2016 sales¹ up to EUR 239.4 m (+17 %)
• HY1 2016 adjusted EBITDA² up by 38 % to EUR 14.8 m previous year: EUR 10.7 m)
• HY1 2016 EBITDA¹ up by 49 % to EUR 12.9 m (previous year: EUR 8.6 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 12% (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

 Concentrate on highly innovative business fields such as Digitalization, Cloud Computing, Innovation IT Security, Big Data / Datability, Mobile Applications, Outsourcing, Enterprise Content Management, Collaboration
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1 Continued operations in accordance with IFRS 2 6,096 permanent employees and 1,337 temporary assignments (continued operations as of June 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