Sword Group — Earnings Release 2021

Jan 25, 2022

Press Release Windhof - January 25th, 2022

FY2021

Organic Growth on a like-for-like basis and at constant exchange rates

FY2021 annual results presentation meeting

The definition of the alternative performance indicators can be found on page 15 of the

+21.5%

2022 First Quarter Revenue

[Methodological Note]

2020 Financial Report.

non audited Figures

Agenda 10/03/22

26/04/22

EBITDA Margin 13.6%

Consolidated Revenue €214.6m

Sword Group | 2021 Fourth Quarterly Results Exceptional Profitability

Consolidated Revenue: €59.7m Consolidated Growth: +31.8% Organic Growth: +21.9% EBITDA Margin: 15.0%

RESULTS

4TH QUARTER 2021

Q4 (1)
€m	2021	2020
Revenue	59.7	45.3
EBITDA	9.0	7.6
EBITDA Margin	15.0%	13.0% (1) non audited figures

Organic growth on a like-for-like basis and at constant exchange rates: +21.9%.

YEAR 2021

• Consolidated Revenue: €214.6m
• Organic Growth: +21.5%
• EBITDA Margin: 13.6%

ANALYSIS

The Revenue for the Fourth Quarter of 2021 amounts to €59.7m in consolidated terms and to €55.2m without taking into account the acquisition of AiM, added to the perimeter on 1 July 2021.

The EBITDA margin for the quarter amounts to 15.0% and organic growth to +21.9% .

For 2021, the consolidated revenue amounts to €214.6m with an EBITDA margin of 13.6%. Organic growth for the year amounts to +21.5%.

The Group established its 2021 Business Plan based on an organic growth hypothesis of 13%. Sword outperformed in terms of growth while maintaining and even exceeding its profitability targets.

The Software division shows an increase of +20% for 2021 and the Services division is up +21.7%.

The net cash position, former standards, excluding all the IFRS16 reprocessing, amounts to €55m on 31/12/2021.

The press release will be published on the web sites here after: GlobeNewswire and Sword Group. It was also sent to the "Commission de Surveillance du Secteur Financier (CSSF)" and saved on the Luxembourg Stock Exchange's website.

Market Euronext Paris Compartment B

ICB 9530 Software & Computer Services ISIN Code FR0004180578 Indices CAC® Small CAC® Mid & Small

[...]

CAC® All-Tradable CAC® All-Share

sword-group.com

Sword Group - 2, rue d'Arlon L-8399 Windhof - investorrelations@sword-group.lu

HIGHLIGHTS FOR THE QUARTER

The exceptionally high organic growth comes among other things from the success of the additional objectives specified in the business plan.

• An exceptional R&D plan: increase according to our forecasts,
• Recognition of the value of Sword GRC by the analysts: for example: Magic Quadrant Knowledge Solutions,
• Successful penetration in the U.S. in the Services sector: success of the division established in Houston,
• Acquisition: successful integration of AiM in Switzerland.

OUTLOOK FOR 2022

The Group will outperform in 2022 and plans organic growth of 15%, 2 points higher than the 2025 Business Plan.

About Sword Group

Sword has 2,300+ IT/Digital & Software specialists present over 5 continents to accompany you in the growth of your organisation in the digital age.

As a leader in technological and digital transformation, Sword has a solid reputation in software publishing and in complex IT & business project management.

Sword optimises your processes and enhances your data.

Agenda
10/03/22 FY2021 annual results presentation meeting
26/04/22 2022 First Quarter Revenue

The press release will be published on the web sites here after: GlobeNewswire and Sword Group. It was also sent to the "Commission de Surveillance du Secteur Financier (CSSF)" and saved on the Luxembourg Stock Exchange's website.

sword-group.com Market Euronext Paris Compartment B ISIN Code FR0004180578 ICB 9530 Software & Computer Services Indices CAC® Small CAC® Mid & Small CAC® All-Tradable CAC® All-Share

Sword Group - 2, rue d'Arlon L-8399 Windhof - investorrelations@sword-group.lu