Bucharest, 31.10.2012

Miroslaw Leniart – International Sales Coordination Manager

Asseco Group Insurance

Business Unit

Asseco Group’s capabilities and business approach

within Insurance sector

1

Asseco at a Glance

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

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

Milestones

3

Strong Financial Results

4

Figures in PLN millions & EUR millions; FX translations for: 2011 0.2415; 2010 0.2497; 2009 0.2311; 2008 0.2844

2 787

€793

3 050

€705

3 238

€809

4 960

€1 198

0

1000

2000

3000

4000

5000

2008 2009 2010 2011

Consolidated Revenues

3Y CAGR 21.2%

1 591

€455

1 975

€456

2 068

€516

3 574

€863

0

1000

2000

3000

4000

5000

2008 2009 2010 2011

Proprietary software and

services

3Y CAGR 31.0%

592

€168

646

€149

694

€173

839

€203

0

300

600

900

2008 2009 2010 2011

EBITDA

3Y CAGR 12.3%

494

€141

526

€121

566

€141

645

€156

0

300

600

900

2008 2009 2010 2011

EBIT

3Y CAGR 9.3%

32%

43% 25%

72%

13%

14% 1%

5

Asseco Group sales structure 2011 Product and Segment breakdown

2011 %∆ 2010

Proprietary software and services 3 574

€863 72.8%

2 068 €516

Third-party software and services 647 €156

15.9% 558 €139

Hardware and infrastructure 693 €167

17.0% 592 €148

Other sales 47 136.0% 20

Total Revenues 4 960 €1198

53.2% 3 238

€809

Banking and finance 1 602 €387

36.3% 1 175 €293

Enterprises 2 106 €509

103.2% 1 036 €259

Public Institutions 1 253 €303

22.0% 1 027 €256

Total Revenues 4 960 €1198

53.2% 3 238

€809

Figures in PLN millions & EUR millions; FX translations for: 2011 0.2415; 2010 0.2497; 2009 0.2311; 2008 0.2844

Strong financial results in hard times…

Revenue & Net profit increased in 1H2012 (ΔH1 2012 / H1 2011)

ΔH1 2012/H1 2011

Company Revenue Net profit

Asseco 14.00% 11.00%1

Software AG -3.10% -6.90%

Unit4 4.00% -35.40%

Sopra Group 11.30% -43.40%

Temenos -5.30% -134.30%

Tieto -0.10% 1.20%

Atos 76.30% 2.20%

Indra 8.50% -26.60%

Asseco

Software AG

Unit4

Sopra Group

Tieto

Indra

-25

-15

-5

5

15

25

-45 -35 -25 -15 -5 5 15 25 35 45

Increase of Revenue (%)

Increase of Net profit (%) Temenos

(-134%)

Atos (+76.3%)

6

Total Asseco Group Employment* 16.081

Formula Systems 7.917

Poland 4.360

Central Europe (Slovakia, Hungary & Czech Republic) 1.576

South Eastern Europe 1.256

South Western Europe (Spain, Portugal) 439

DACH 346

Lithuania 139

Denmark 48

7

Asseco Group Resources

* As on 30 June 2012

One of the Leading Software Houses in Europe

8

Asseco Poland among

the TOP TEN

9

Where do we operate?

10

European Presence

Our offices worldwide

11

(600)

(35)

(150)

(55)

(6000)

(470)

(190)

(4200) (300)

(1500)

(1200)

12

What do we do?

Thinking Globally, Acting Locally…

13

Product Offer – One-Stop-Shop for all sectors

14

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

Poland

Israel

Central Europe

South Eastern Europe

DACH

South Western Europe

Northern Europe

Asseco Group Business Units

15

Ban

kin

g

Pu

bli

c A

dm

inis

trati

on

Healt

hcare

In

su

ran

ce

ER

P

Telc

o &

Uti

liti

es

IT I

nfr

astr

uctu

re

16

Asseco Group Insurance Business Unit IT capabilities and business approach…

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

The Role Of IT

Is To ENABLE

Insurers

DEAL With

Those CHALLENGES

18

In house Solution Suites Point solutions Tailor made

The Insurance IT has gone through an evolution in the past decades

20

The smooth transition of core systems from

complex legacy systems to modern, packaged solutions is a key factor

We offer One-Stop Shop for All Insurance Software Business

Property & Casualty Life & Annuity Reinsurance

EU Regulations

COMPLIANCE COMPATIBILITY

Asseco Group Insurance Business Unit – One of the World’s Leader

22

173 153

97

52

0

50

100

150

200

Guidewire (US) Asseco InsuranceBU

SSP Limited (UK) MajescoMastek (IN)

Asseco Insurance BU – Revenue (m USD)

23

Global Presence of Installed Base

Global Customer Base of leading insurers

70+

www.asseco.com

Thank You Miroslaw Leniart International Sales Coordination Manager

miroslaw.leniart@asseco.pl +48 695 120 738