We are

Empowering organizations for a digital and cognitive revolution

We transform organizations to be ready for a digital and cognitive future

2

Investment highlights

Pure play in the digital and cognitive space

Organized by Studios, delivering domain expertise in emerging technologies

Substantial customer penetration and international expansion opportunity

Experienced and founder led management team

Global presence, leveraging next-gen software and the right talent and skills

Recurring and blue-chip customer base

Rapid revenue growth and industry leading margins

3

Globant Recognized as a

2020 Worldwide Leader in CX Improvement

by IDC MarketScape

Globant recognized as a

2020 Worldwide Leader in CX Improvement by IDC MarketScape report

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons. Copyright IDC 2020.

SOURCE: IDC MarketScape: Worldwide Customer Experience Improvement Services 2020 Vendor Assessment, by Douglas Hayward, September 2020, IDC #US45658220

Market Opportunity Resilient Business Model

On top of ongoing digital trends, the current pandemic has proven that digital transformation is imperative for any business:

  • Organizations need to accelerate their digital transformation
  • As a pure play, we believe we are extremely well positioned to help companies adapt to the new reality and thrive leveraging our Studio Model and Agile Pods methodology
  • Proven experience in executing through distributed and remote working teams
  • By 2023, the global economy will reach digital supremacy. Products and services from digitally transformed enterprises will account for half of global GDP. Enterprises not able to compete in the digital portion of the economy will miss out on half of the opportunities in their core markets.

Source:IDC FutureScape 2020

*Already, 70% of companies had a digital transformation in place or were working on one, but it seems most companies were not far enough along to make COVID-19 a non-issue.

Source:Forbes - IsCOVID-19Forcing Your Digital

Transformation? 12 Steps To Move Faster

5

60%

$ 80B

$ 7T

Artificial Intelligence Revenue is expected to grow at a 60% CAGR through 2025.

Source: IDC's Digital Economy Model, 2019

150M

Digi-Capital forecasts that AR/VR could reach $80 billion to $90 billion by 2023

Source: Digi-Capital

By 2022, 60%+ of global GDP will be digitized, with growth in every industry and almost $7 trillion in IT-related spending in 2019-2022.

Source: IDC FutureScape: Worldwide IT Industry 2019

By 2022, over 50% of security alerts will be handled by AI-powered automation, and 150 million people will have blockchain-based digital identities.

Source: IDC FutureScape: Worldwide IT Industry 2019 Predictions

Predictions

500M

From 2018 to 2023, 500 million new logical apps will be created, equal to the number built over the past 40 years.

25%

By 2022, 25% of endpoint devices and systems will execute AI algorithms.

Source: IDC FutureScape: Worldwide IT Industry 2019

Source: IDC FutureScape: Worldwide IT Industry 2019 Predictions

6

Predictions

THIS IS

GLOBANT

Revenue Trajectory ($M)

CAGR 27%

Case Studies & Recognitions

2003

2006

2008

2009

2012

2014

2015

2016

2017

2019

2020

Signed

Riverwood

Studios

WPP

Listed on

Follow-ons

SOP

Recognized as a 2017

BeKind

Recognized as a

Founded

Google

Capital and

launched

Invested

NYSE

Launched

Worldwide Leader of

Launched

2020 Worldwide

FTV Capital

Digital Strategy

Leader in CX

invested

Consulting Services

Improvement by IDC

by IDC MarketScape

MarketScape report

report

ABOUT

GLOBANT

Select Customers

BY

8

Our Innovative Solutions

Leading M&E Company

We helped Disney create their next generation online experience for their parks

Police Force

We helped the MET Police become a global example of a digitally-connected police force, creating one of the world's largest digital police

Leading Video Game Company We contributed to the development of EA's highly successful FIFA franchise, among others in an ever evolving partnership

Information Technology Company We worked with Rockwell Automation to help them transform as they incorporated new methods to build automation systems

Leading European Bank

We worked with Santander to build a first true digital bank, offering more than 1M users a highly personalized, exclusively digital, banking experience

Education Management Company We helped a US online education company to communicate better with students through Artificial intelligence

9

OUR

SECRET

SAUCE

2. WE ARE BUILT ON AN

1. WE ARE ONE OF THE

3. WE REINVENT

FIRST PLAYERS

AUTONOMOUS

OURSELVES AND

DELIVERING

PODULAR STRUCTURE

OTHER INDUSTRIES

ENGINEERING,

THROUGH AI

INNOVATION AND

DESIGN AT SCALE

10

1. WE ARE ONE OF THE FIRST PLAYERS DELIVERING ENGINEERING,

INNOVATION AND DESIGN AT SCALE

Our Studios

ORGANIZATIONAL FITNESS

BUILD AND EVOLVE

FUTURE OF

STAY

AGILE DELIVERY

CONTINUITY

SCALABLE

CONTINUOUS

GAMING

IOT

LIFE

ORGANIZATIONS

RELEVANT

PLATFORMS

EVOLUTION

SCIENCES

STRATEGY

BUSINESS

DESIGN

PRODUCT

DIGITAL

SUSTAINABLE BIZ

DATA & ANALYTICS

UI ENGINEERING

MOBILE

INTELLIGENT

HACKING

ACCELERATION

MARKETING

STUDIO

ENTERPRISE

PUSH IT LIVE

AI / PROCESS AUTOMATION

CLOUD OPS

QUALITY

CYBER

DIGITAL

MEDIA OTT

ARTIFICIAL

BLOCKCHAIN

PROCESS

CONVERSATIONAL

ENGINEERING

SECURITY

EXPERIENCE

INTELLIGENCE

AUTOMATION

INTERFACES

PLATFORMS

11

2. WE ARE BUILT AROUND AN AUTONOMOUS PODULAR STRUCTURE

Lean structure focused on agile Pods.

Inverted organizational pyramid with the Pods front-and-center.

An operating system designed to expand our culture.

Pods that mature and adapt hand-in-hand with the client.

Client

Pods

Client

Management

Pod

Top

Management

CEO

12

3. WE REINVENT OURSELVES AND OTHER INDUSTRIES

In a context of constant organizations must adapt Technology and AI is their reinvention:

Augmented Collaboration

Augmented Coding

Augmented Culture

Agile Pods

13

ABOUT

Globant

OUR GLOBAL FOOTPRINT

Strong global presence with great talent to deliver digital and cognitive transformations.

Multiple time zones enable us to deliver agile services to our customers and global partners.

We benefit from cultural similarities and a strong history of innovation.

We have a deep talent pool of highly educated IT professionals.

Canada

United

States

Mexico

Colombia

Peru

Chile

Luxembourg

UK

Belarus

France

Romania

Spain

India

Brazil

Uruguay

Argentina

Total Headcount Geographic dispersion (%)

Q4'14

Q3'20

Argentina

Argentina

Colombia

Colombia

47

33

16

Other Latam

Other Latam

offices

Cities

Countries

India

USA & Europe

US & Europe

14

Global delivery model

Total Headcount Geographic dispersion (%)

Country

Dec-14Dec-15

Dec-16

Dec-17Dec-18

Dec-19Sep-20

Argentina

69

57

49

39

34

30

31

Colombia

8

11

15

21

25

27

24

Mexico

4

6

7

9

10

11

12

India

-

9

8

10

12

10

10

USA

5

5

8

9

7

5

4

Peru

2

1

1

1

1

5

4

Uruguay

11

8

8

6

5

4

4

Chile

-

1

2

2

3

4

4

Brazil

1

1

1

1

1

2

3

Romania

-

-

-

-

1

1

1

Spain

-

-

1

1

1

1

1

Belarus

-

-

-

-

1

1

1

UK

-

-

1

1

1

1

1

Along our journey, we have diversified our talent base to build a strong global presence

15

ESG Approach

Our purpose is to make the world a better place, one step at a time.

Integrated Report published annually.

Committed with six SDG's. Ranked at DJSI. Silver recognition level at Ecovadis.

Be kind is our Sustainability strategy for the

next five years.

Note: SDG: Sustainable Development Goals. DJSI: Dow Jones Sustainability Indices.

16

ESG Approach

Governance

  • Board of Directors: Consist of 8 members which are elected on a staggered basis. 1/3 of the directors being elected each year.
  • Code of business conduct and ethics: Published in our website, also with our whistleblowing contacts, the Anti-Briberyand Anti-CorruptionPolicy, and our Modern Slavery Statement.

Data Privacy & Security

  • Work in progress to comply with GDPR, CCPA, LGPD and the laws of all geographies where Globant has a presence.
  • Annually published the Sustainability Accounting Standards Board (SASB) activity metrics

17

ABOUT

Be Kind

to your peers

We aim to reach 50% women and non-binarygender in management positions by 2025.

We want to inspire 10,000 women in technology by 2025.

to the planet

By the end of 2020, we aim to use 100% renewable energy.

We want to become carbon neutral by the end of 2021.

to humanity

Reinventing our Industry to make a positive impact:

  • Ethic AI
  • Digital Sustainability

18

FINANCIAL

REVIEW

19

At a GLANCE

Key Statistics

$765.8M

27%

$64k

LTM Q3 2020 total

2014 - 2019

LTM Q3'20 annual

Revenue

Revenue CAGR

Revenue per IT

Professional

38.9%

14.8%

14,300+

YTD Q3 '20

YTD Q3 '20

Total Employees

Adj. Gross

Adj. Profit from

as of September 30, 2020

Profit Margin

Operations Margin

Percentage

Percentage

893

118

88.2%

LTM Q3'20 Total

LTM Q3'20

of LTM Q3'20

Active Customers

Customers with

Revenue from

Served

over $1M in

Existing Customers in

Annual Revenue

2019

Global Delivery Model

Headcount Distribution (as of Sep'20)

Argentina

Colombia

Other Latam

India

US & Europe

Revenue by (YTD '20)

North America

Latam and Others

Europe

Note: Adjusted Gross Profit Margin Percentage excludes depreciation and amortization and share-based compensation expense.

Adjusted Profit from Operations Margin Percentage excludes share-based compensation expense, impairment of tax credits, impairment of assets, acquisition-related charges and COVID-19-related charges.

LTM Revs per IT Prof: Sum of LTM Revs / average (IT Prof for Q3'19; IT Prof Q3'20)20

LTM Total Active Customers Served: Clients generating > $0 Revenues between 10-01-2019 and 09-30-2020

LTM Customers with over $1M in Annual Revenue: Clients generating > $1M Revenues between 10-01-2019 and 09-30-2020

Significant Revenue Growth

Average Revenue by Client ($M)

Top 10

CAGR: 24.3%

YoY: 22.4%

CAGR: 27%

Top 20

CAGR: 23.5%

Client Revenue Contribution (%)

Clients with Revenues >$1M

Clients

2014

2015

2016

2017

2018

2019

YTD 20

Top 1

9

12

10

10

11

11

11

Top 5

27

33

34

29

32

26

31

Top 10

44

47

47

42

44

39

42

21

Revenue Breakdown (YTD 2020)

Geography

Currency

North America

USD

Latam and Others

Others

Europe

Industry

Contract type

Banks & Financial Ss.

5%1%

Time & Materials

Media & Entertainment

Fixed Price &

Professional Services

Others

Consumer, Retail &

Manufacturing

Tech & Telecom

Travel & Hospitality

Healthcare

Others

22

Strong ability to develop accounts

Increasing # of multi million $ accounts

2014

2015

2016

2017

2019

$20M+

0

1

2

3

5

7

$10M+

2

5

6

9

9

14

$5M+

10

10

11

18

21

26

$1M+

46

51

60

82

90

107

100 squared strategy:

  • Dedicated onsite teams
  • Strategic partner
  • Increased visibility

Annual revenues of select top 20 customers since the launch of 502 strategy in 2016

2016

2017

2018

2019

Customer A

31

42

59

74

Customer B

12

13

15

23

Customer C

0

1

10

18

Customer D

3

11

14

16

Customer E

2

5

8

11

  • Studio cross-selling
  • POD model penetration
  • Increasing number of projects

23

Attractive Profitability

Adjusted Gross Profit

Adjusted Profit from

Adjusted Net Income

($M)

Operations ($M)

($M)

% of revs

% of revs

% of revs

41.0

38.9

42.3

38.8

40.6

40.4

40.6

38.9

10.6

9.7

16.9

13.7

16.1

17.0

17.2

14.8

12.2

12.8

12.0

11.1

12.2

13.1

13.0

11.8

Note:

Adjusted Gross Profit excludes depreciation and amortization and share-based compensation expense.

Adjusted Profit from Operations excludes share-based compensation expense, impairment of tax credits, impairment of assets, acquisition-related charges and COVID-19-related charges.

Adjusted Net Income excludes share-based compensation expense, impairment of tax credits, impairment of assets, US settlement agreement, net, Expenses related to secondary share offering, acquisition-related charges and COVID-19-related charges.

24

Our growth strategy

  • Focus on 1002 : 100 accounts with potential revenues of $100M+
  • Studio cross-selling
  • Increasing sales coverage to ensure better reach
  • Diversification of the talent pool among different locations
  • Pursue strategic, tuck-in acquisitions

+

Main Strategic Acquisitions

  • gA
  • Belatrix
  • Avanxo
  • PointSource
  • Ratio
  • L4 Digital
  • We Are Experience
  • Clarice Technologies

25

Globant Ventures

We invest in technology-based Startups, making them grow rapidly to transform them into companies that generate a real impact on the world seeking synergies with Globant's Value Proposition.

STARTUP +

STUDIOS

OUR COMMITMENT

Investment

Our investment range goes from

USD50K to USD250K

USD1M already invested

Growth

6th months acceleration process

Mentoring

Technology specialists & strategic alliances

Network

Use of Globant offices around the world

TheEye

Robin Tests

Avancargo

Drixit Technologies

Woocar

CamOnApp

STRATEGY

INVESTMENT COMMITTEE

ESTRATEGIC

MINORITY

EXIT

COMMERCIAL

GLOBANT

PARTICIPATION

STRATEGY

PARTNERSHIP

STUDIOS

26

Leading this dream, our management team

BOARD OF DIRECTORS

Martín Migoya

Chairman of the Board, CEO & Co-founder

Mario Eduardo Vázquez

Former Partner & General Director of

Arthur Andersen, Chief Executive Officer of

Telefónica Argentina

Philip A. Odeen

Former Chairman of the Board of Directors &

Lead Independent Director of AES

Corporation and Convergys Corporation

SENIOR MANAGEMENT

Martín Migoya

Co-founder & CEO

Gustavo Barreiro

Chief Information Officer

Juan Urthiague

Chief Financial Officer

Martín Gonzalo Umaran

Director, Chief of Staff, Head of M&A & Co-founder

Francisco Álvarez-Demalde

Founder & General Partner of Riverwood Capital

Linda Rottenberg

Co-founder & CEO of Endeavor Global

Martín Gonzalo Umaran

Co-founder, Chief of Staff & Head of M&A

Patricia Pomies

Chief Delivery & People Officer

Mercedes MacPherson

Chief Talent & Diversity Officer

Guibert Andrés Englebienne

Director, CTO & Co-founder

Richard Haythornthwaite

Chairman of Mastercard Incorporated and

Centrica plc

Guibert Andrés Englebienne

Co-founder & CTO

Sol Mariel Noello

General Counsel

Wanda Weigert

Chief Brand Officer

27

Forward looking

disclosure

In addition to historical information, this presentation might contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "should," "plan," "expect," "predict," "potential," or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements regarding our future financial and operating performance, including our outlook and guidance, and our strategies, priorities and business plans. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could impact our actual results include: the impact and duration of the COVID-19 pandemic; our ability to maintain current resource utilization rates and productivity levels; our ability to manage attrition and attract and retain highly-skilled IT professionals; our ability to accurately price our client contracts; our ability to achieve our anticipated growth; our ability to effectively manage our rapid growth; our ability to retain our senior management team and other key employees; our ability to continue to innovate and remain at the forefront of emerging technologies and related market trends; our ability to retain our business relationships and client contracts; our ability to manage the impact of global adverse economic conditions; our ability to manage uncertainty concerning the instability in the current economic, political and social environment in Latin America; and other factors discussed under the heading "Risk Factors" in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission and any other risk factors we include in subsequent reports on Form 6-K.

Because of these uncertainties, you should not make any investment decisions based on our estimates and forward-looking statements. Except as required by law, we undertake no obligation to publicly update any forward-looking statements for any reason after the date of this presentation whether as a result of new information, future events or otherwise.

28

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READY?

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Globant SA published this content on 12 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2020 22:36:03 UTC