Nemetschek SE — Investor Presentation 2020

Nov 23, 2020

Irina Viner-Usmanova

Rhythmic Gymnastics Center, Moscow, Russia

Architects: Creative Production Union PRIDE | Realized with Graphisoft

Nemetschek Group

DZ Bank Conference Company Presentation

November 2020 | Dr. Axel Kaufmann, Spokesman & CFOO

Nemetschek's Key Figures: 5 Years - 5 Achievements

Company Presentation

NOVEMBER 2020 3

¹ TSR: Total shareholder return: Share price performance + dividend | 2014–2019 | 2 Peer group: International software companies

NEMETSCHEK GROUP Provides Expertise Along the Complete AEC Value Chain

4

Company Presentation

Global Player in more than 78 Locations with Users in 142 Countries

Our markets: AEC BIM Software Market offers huge potential

AEC Software Market

End-user expenditure in bn €

Source: Cambashi BIM Design Observatory 2020, internal research.

Company Presentation

Sustainability: Gaining a Greater Importance for Our Customers

The FOOTPRINT of the Building Industry

Buildings and construction account for

| 36% of global final energy use and | 39% of energy-related CO2 emissions

During the construction phase

| 10% of materials are wasted | 30% of construction is rework

In 90% of all projects, time or cost overruns occur.

Sources: Global Status Report 2019, UN Environment and the International Energy Agency; Engineering-News Record 2018/2019.

Company Presentation

Nemetschek Is Well Positioned!

Nemetschek SE

Attractive End	Unique market	Attractive business	Strong financial	Value accretive
markets	position	model	position	M&A
Huge growth potential Structural long-term growth drivers (low degree of digitalization) Growth supported by regulation	Best in class products Product offering along the complete AEC value chain Leader in Open BIM Close proximity to customers within our 4 divisions	Highly profitable Strong Cash conversion (~ 90%) High share of recurring revenues (approx. 60%) High returns (ROCE > 20%)	Very healthy balance sheet Net debt/EBITDA: < 0.1x Equity ratio: 45% EUR 200m credit line secured Long-term anchor shareholder	Strong track record of bolt-on acquisitions (e.g. Bluebeam) Disciplined approach Substantial financial fire power Focus on long-term value generation

Operating mode via four strong divisions with leading global brands

Company Presentation

Wardian London, London, Great Britain Contractor: Ballymore; Image: Jason Hakwes | Realized with Bluebeam 02 Fiscal Year 2020 & Outlook

Key Business Highlights 9M-2020: Resilient Development in Uncertain Environment

Solid Financial Performance M&A Activities

Q1-2020: Red Giant by Maxon 9M-2020: Integration of Red Giant and Redshift progressing as planned. Expected to finish by Q1-21

Planning & Design Division:

Q2-2020: ADAPT by RISA. Strengthens structural engineering competence in the US

9M Segment view: Design recovering, Build remains strong, Manage still burdened by Covid-19

Outlook 2020:

| Revenues: Growth expected to be in the mid-single-digit percentage range (previously: At least stable to slightly growing) | EBITDA margin: 28-29% (previously: > 26%) | Please note: Guidance reflects the still high degree of uncertainty regarding the macroeconomic outlook for the remainder of the year

Company Presentation

		Unique DNA & Dynamic Markets		Investment Highlights		Key Figures mEUR	9M 2020 9M 2019			%YoY %YoYcc* FY 2019
		Founded 1963 by Prof. Georg Nemetschek		Positioning	Focus on AEC, leading in Open BIM	Revenues	436.8		406.0 +7.6%	+7.8%	556.9
		Leading global Open BIM software provider in AEC 4 customer-oriented divisions with 16 strong brands ~6.0 million users around the world		Focus on customer needs Financials Stable margins, healthy balance sheet Strong cash generation		EBITDA	129.3		119.4 +8.2%	+8.0%	165.7
						EBITDA margin	29.6%	29.4%	-	-	29.7%
			Highest quality, user-friendly, innovative		Growth factors Focus on internationalization		92.1		88.5 +4.1%	+3.4%	150.5
		Growth drivers: Digitalization in AEC far behind		Driving innovations: Open BIM, digital		EBIT margin	21.1%	21.8%	-	-	27.0%
other industries, BIM regulations worldwide, switch from 2D to integrated digital 3D workflow solutions		workflows, collaboration Organic, acquisitions		Net income**	67.7		66.0 +2.7%	-	127.2
						EPS**	0.59		0.57 +2.7%	-	1.10
	Business Overview – Covering complete value chain in AEC + Media					Operating cash flow	114.5		114.1 +0.4%	-	160.4
	rchitecture  A	ngineering  E	C	onstruction ( ) AEC		Free cash flow	24.2		34.8 -30.5%	-	76.6
		DESIGN		MANAGE	MEDIA &	Free cash flow***	107.5		132.5 -18.9%	-	174.5
Divisions			BUILD		ENTERTAINMENT	Equity ratio in %	45.3%	38.7%	-	-	40.7%
						Net cash	-5.2	-15.2	-	-	21.0
						Headcount	3,067		2,838 +8.1%	-	2,875
Brands						constant currency previous year w/o one-time effect from the Docuware sale **w/o M&A investments
						Guidance FY 2020
						Revenue Mid single-digit growth (Formerly: stable to slight increase)
						EBITDA margin 28% - 29% (Formerly: > 26%)
						Management Team
						Dr. Axel Kaufmann	Spokesman, CFOO & CDO Media & Ent.
	9M 2020	FY 2019	9M 2020 FY 2019	9M 2020 FY 2019	9M 2020 FY 2019	Viktor Várkonyi				Chief Division Officer, Planning & Design
Revenues* (Growth) EBITDA margin	229.3 (-0.3%) 33.2%	314.6 (+10.2%) 32.4%	144.3 (+11.1%) 177.7 (+25.6%) 38.0% 34.7%	29.2 (+7.2%) 38.5 (+178.8%) 14.1% 20.5%	39.4 (+59.1%) 33.9 (+23.2%) 28.9% 27.8%	Jon Elliott				Chief Division Officer, Build & Construct
* in mEUR						Koen Matthijs				Chief Division Officer, Manage & Operate
	Revenues by Regions (9M 2020)	Revenues by Type (9M 2020)		Shareholder Structure & Share Price Development		Supervisory Board
Asia/Pacific… Germany 25%		Subscription*	Software	52.6% by Family Nemetschek; 47.4% Free float		Kurt Dobitsch		Chairman
		licenses 14,5% 34,8%			Prof. Georg Nemetschek	Deputy Chairman
					Rüdiger Herzog, Bill Krouch Board Members
					Key Stock Figures
					ISIN / WKN	DE0006452907 / 645290
						115,500,000 / March 10, 1999
						Number of shares / IPO
Americas	Europe w/o Germany 31%	Software services*	Consulting & Hardware 4,5%			Indices / Ticker symbol				MDAX, TecDAX / NEM GY, NEKG, DE

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Contact

NEMETSCHEK SE Investor Relations

Konrad -Zuse -Platz 1 81829 Munich Germany

investorrelations@nemetschek.com www.nemetschek.com

Thank you

Disclaimer

This presentation contains forward-looking statements based on the beliefs of Nemetschek SE management. Such statements reflect current views of Nemetschek SE with respect to future events and results and are subject to risks and uncertainties. Actual results may vary materially from those projected here, due to factors including changes in general economic and business conditions, changes in currency exchange, the introduction of competing products, lack of market acceptance of new products, services or technologies and changes in business strategy. Nemetschek SE does not intend or assume any obligation to update these forward-looking statements.

Al-Janoub-Stadion, Al Wakrah, Katar

Ingenieurbüro: AECOM | Umgesetzt

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