Asseco Group

Fact Sheet 2021

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 6.5 bn (about EUR 1.4 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 2021

  • Very good financial results:
    • increase in revenues by 19% to PLN 14 498 million
    • increase in operating profit by 20% to PLN 1 456 million
      (increase in non-IFRS operating profit by 21% to PLN 1 783 million)
    • increase in net profit by 17% to PLN 468 million
      (increase in non-IFRS operating profit by 14% to PLN 516 million)
  • Strengthening across all segments and business sectors

Present in 60 countries

30.4 thous. highly committed employees

PLN 6.5 bn* market capitalization

PLN 279 m** dividend payment for 2021

PLN 3.36** dividend per share for 2021

* As at March 22. 2022

  • Recommendation of the Management Board regarding the payment of a dividend for 2021
  • Strong business diversification (geographical. sectoral. product)
    • 89% of revenues from foreign markets
    • 40% of revenues - general business sector.
      35% - banking and finance. 25% - public institutions
    • 78% of revenues from sales of proprietary software and services

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

21%

1 782.5

1 478.8

14% 516.3

454.3

13%

441.9 499.5-14%

151.2 130.1

Q4 2020

Q4 2021

2020

2021

Q4 2020

Q4 2021

2020

2021

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 under the combination settlement (PPA). the costs of share-based payment transactions with employees (SBP). the costs and financial revenues resulting from the transactions of purchase and sales of companies (M&A) and tax effects associated with them.

asseco.pl inwestor@asseco.pl

Consolidated financial results non-IFRS

m PLN

Q4 2021

Q4

2020

Change

2021

2020

Change

Sales revenues

4 205.0

3

484.0

20.7%

14

498.1

12

192.8

18.9%

Proprietary software and services

3 206.1

2 652.3

20.9%

11 309.0

9 636.9

17.4%

Operating income non-IFRS

499.5

441.9

13.0%

1,782.5

1,478.8

20.5%

PPA & SBP

88.2

79.8

10.5%

326.2

264.2

23.5%

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

130.1

151.2

(14.0%)

516.3

454.3

13.6%

PPA & SBP & M&A

24.1

17.1

40.9%

48.1

52.7

(8.7%)

EBITDA non IFRS

666.1

564.6

18.0%

2

303.8

1

953.6

17.9%

Revenue structure - diversification into sectors and geographic segments

(m PLN)

35%

40%

25%

2021

%

2020

Banking and finance

5 056

15%

4 408

General business

5 872

24%

4 741

Public institutions

3 570

17%

3 044

11%

64%

25%

2021

%

2020

Asseco

Poland

1 575

10%

1 439

segment

Formula

System

9 309

23%

7 561

segment

Asseco

International

3 645

13%

3 227

segment

Sales revenues

14 498

19%

12 193

Sales revenues*

14 498 19%

12 193

* Data includes cross-sectoral corrections.

Strong order backlog for 2022

(m PLN)

Proprietary software and services

Fixed FX rates*

Floating FX rates**

9 046

7 642

+8%

1 838

Asseco International

1 705

segment

+23%

6 148

Formula Systems

4 998

segment

Asseco Poland

+13%

939

1 060

segment

2021

2022

9 810

7 642

+10%

1 881

1 705

+37%

6 869

4 998

+13%

1 060

939

2021

2022

IR contact: Joanna Paczkowska-Tatomir inwestor@asseco.pl

+48 667 662 161

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Disclaimer

Asseco Poland SA published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 17:06:04 UTC.