Asseco Group Insurance Business Unit

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1 Asseco Group Insurance Business Unit Asseco Group s capabilities and business approach within Insurance sector Bucharest, Miroslaw Leniart International Sales Coordination Manager

2 Asseco at a Glance 1

3 Asseco at a Glance The largest IT company in CEE Traded on the WSE, included in the prestigious blue-chip index Selling proprietary software and services 16,000 employees worldwide Strong financials with great track record 2011 revenue of PLN 5b (EUR 1.2b) with 4Y CAGR 42% double-digit growth 2

4 Milestones 1991 foundation of Asseco Poland 2004 IPO 2004 first foreign acquisition of Asseco Central Europe, Asseco Capital Group was established 2007 expansion in South Eastern Europe and in Germany 2009 investments in Western Europe and in Scandinavia 2010 Formula Systems joins Asseco Capital Group, beginning of global presence 3

5 Strong Financial Results Consolidated Revenues Y CAGR 21.2% Proprietary software and services Y CAGR 31.0% EBITDA 3Y CAGR 12.3% 900 EBIT 3Y CAGR 9.3% Figures in PLN millions & EUR millions; FX translations for: ; ; ;

6 Asseco Group sales structure 2011 Product and Segment breakdown 2011 % % Proprietary software and services % % 14% 13% Third-party software and services Hardware and infrastructure % 17.0% Other sales % 20 Total Revenues % % Banking and finance % Enterprises % % 43% Public Institutions % Total Revenues % Figures in PLN millions & EUR millions; FX translations for: ; ; ;

7 Strong financial results in hard times Revenue & Net profit increased in 1H2012 (ΔH / H1 2011) Increase of Revenue (%) 25 Atos (+76.3%) ΔH1 2012/H Company Revenue Net profit Temenos (-134%) Sopra Group Unit4 Indra Software AG Tieto Asseco Increase of Net profit (%) Asseco 14.00% 11.00% 1 Software AG -3.10% -6.90% Unit4 4.00% % Sopra Group 11.30% % Temenos -5.30% % Tieto -0.10% 1.20% Atos 76.30% 2.20% Indra 8.50% %

8 Asseco Group Resources Total Asseco Group Employment* Formula Systems Poland Central Europe (Slovakia, Hungary & Czech Republic) South Eastern Europe South Western Europe (Spain, Portugal) 439 DACH 346 Lithuania 139 Denmark 48 * As on 30 June

9 One of the Leading Software Houses in Europe Asseco Poland among the TOP TEN 8

10 Where do we operate? 9

11 European Presence 10

12 Our offices worldwide (190) (300) (4200) (1200) (600) (470) (1500) (55) (6000) (150) (35) 11

13 What do we do? 12

14 Thinking Globally, Acting Locally 13

15 Product Offer One-Stop-Shop for all sectors Financial Public Administration General Business Banks Government Telco Insurance companies Municipalities Utilities Brokerage houses Healthcare Power industry Investment funds International organisations Gas industry Leasing companies Social security Manufacturing, trade and services Factoring companies Uniformed services FMCG Mortgage savings Education Multimedia 14

16 Banking Public Administration Healthcare Insurance ERP Telco & Utilities IT Infrastructure Asseco Group Business Units Poland Israel Central Europe South Eastern Europe DACH South Western Europe Northern Europe 15

17 Asseco Group Insurance Business Unit IT capabilities and business approach 16

18 Current situation within Insurance Industry New World to Insure - Lots of properties, World catastrophies, wealth, people who live longer, body parts Struggling with heavy regulations - EU compliance, SOX, Transparency, Solvency II Facing tough competition - The battle over the customer was never so fierce Want to go Global - Consolidation and expansion 17

19 The Role Of IT Is To ENABLE Insurers DEAL With Those CHALLENGES 18

20 The Insurance IT has gone through an evolution in the past decades In house Tailor made Point solutions Solution Suites

21 The smooth transition of core systems from complex legacy systems to modern, packaged solutions is a key factor 20

22 We offer One-Stop Shop for All Insurance Software Business Property & Casualty Life & Annuity Reinsurance COMPLIANCE COMPATIBILITY EU Regulations

23 Asseco Group Insurance Business Unit One of the World s Leader 200 Asseco Insurance BU Revenue (m USD) Guidewire (US) Asseco Insurance BU SSP Limited (UK) MajescoMastek (IN) 22

24 Global Presence of Installed Base 23

25 70+ Global Customer Base of leading insurers

26 Thank You Miroslaw Leniart International Sales Coordination Manager

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