Asseco Group

Fact Sheet H1 2022

The Asseco Group is present everywhere where technology and business impact everyday life. We are a federation

of companies which operate worldwide. It is led by Asseco Poland, which is one of the first startups established in Poland.

Asseco Poland is a leading Polish information technology company listed on the Warsaw Stock Exchange. With a market capitalization reaching ca. PLN 6.0 bn (about EUR 1.3 bn), the Company is included in the WIG20 index. It is also

the largest company listed in the IT industry index, WIG-informatyka.

Asseco Group in H1 2022

  • Stable development of Asseco:
    • increase in revenues by 22% to PLN 8 312 million
    • increase in operating profit by 38% to PLN 930 million
      (increase in non-IFRS operating profit by 17% to PLN 964 million)
    • increase in net profit by 3% to PLN 249 million
      (increase in non-IFRS net profit by 8% to PLN 271 million)

Presence in 60 countries

31.9 thous. highly committed employees

PLN 6.0 bn* market capitalization

PLN 279 m dividend payment for 2021

PLN 3.36 dividend per share for 2021

4.5% dividend yield

*As of August 29, 2022

  • Strong business diversification (geographical, sectoral, product)
    • 90% of revenues from foreign markets
    • 43% of revenues - general business sector,
      33% - banking and finance, 24% - public institutions
    • 77% of revenues from sales of proprietary software and services

Operating profit non-IFRS and net profit non-IFRS(m PLN)

Operating profit non-IFRS

+17%

964.0

826.0

34.2

PPA & SBP

154.0

& M&A & one-offs

PPA & SBP

& M&A & one-offs

929.8

Operating

672.0

Net profit attributable

profit

to shareholders

of the parent company

Net profit non-IFRS

attributable to shareholders of the parent company

+8%

270.5

249.4

7.6

21.7

248.8

241.8

H1 2021

H1 2022

H1 2021

H1 2022

Key financial data published on a non-IFRS basis provide crucial information for assessing the financial position and business development of Asseco Group. They are complementary to data reported in accordance with IFRS standards.

Non-IFRS figures including adjustments for: the cost of amortization of intangible assets recognized in purchase price allocation (PPA), the costs of share-based payment transactions with employees (SBP), the revenues and costs resulting from the transactions of purchase and sales of companies (M&A) and one-offs (and tax effects associated with them).

asseco.pl inwestor@asseco.pl

Consolidated financial results non-IFRS

m PLN

Q2 2022

Q2 2021

Change

H1 2022

H1 2021

Change

Sales revenues

4 236.3

3 451.9

23%

8 311.8

6 791.0

22%

Proprietary software and services

3 282.1

2 729.2

20%

6 441.6

5 332.0

21%

EBITDA non-IFRS

623.4

550.0

13%

1 245.2

1 062.8

17%

Operating profit non-IFRS

483.8

427.4

13%

964.0

826.0

17%

PPA & SBP

-89.0

-78.0

-

-178.8

-154.0

-

M&A & one-off

144.6

-

-

144.6

-

-

Net profit non-IFRS for the shareholders of the parent company

146.6

133.2

10%

270.5

249.4

8%

PPA & SBP

-15.5

-12.8

-

-31.0

-25.7

-

M&A & one-off

9.7

19.2

-

9.3

18.1

-

Revenue structure - diversification into sectors and geographic segments

(m PLN)

33%

43%

24%

H1 2022

%

H1 2021

H1 2022

%

H1 2021

Banking

10%

Asseco

2 784

19%

2 347

Poland

838

12%

751

and finance

segment

General

67%

Formula

3 574

29%

2 770

Systems

5 546

27%

4 366

business

segment

Public

1 954

17%

1 674

23%

Asseco

institutions

International

1 943

15%

1 691

segment

Sales revenues

8 312

22%

6 791

Sales revenues*

8 312

22%

6 791

* Data includes cross-sectoral corrections.

Strong order backlog for 2022

(m PLN)

Proprietary software and services

Fixed FX rates*

Floating FX rates**

11 179

10 110

Asseco International

+9%

2 277

2 093

segment

Formula Systems

+12%

7 499

6 715

segment

Asseco Poland

+8%

1 302

1 403

segment

2021

2022

12 514

10 110

+12%

2 339

2 093

+31%

8 772

6 715

+8%

1 302

1 403

2021

2022

The value of the order backlog for 2022 as at August 19, 2022; the value of the order backlog for 2021 as at August 19, 2021.

  • Translating the 2022 backlog at the FX rates used for the 2021 backlog.
  • Translating the 2022 backlog at the FX rates as at August 19, 2022.

IR contact: inwestor@asseco.pl Joanna Paczkowska-Tatomir +48 667 662 161

.pl

Monika Chmielewska +48 885 899 725

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Disclaimer

Asseco Poland SA published this content on 30 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2022 16:19:08 UTC.