ANNUALREPORT2016VOLUME 2

HEADQUARTERSTRAVESSA SENHOR DAS BARROCAS, 383800-075 AVEIRO (PORTUGAL)

INFO@UBIWHERE.COM+351 234 484 466

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UBIWHEREWHO WE AREFounded in 2007, Ubiwhere is focused on Research and

Innovation of software-based solutions in the areas of Smart

Cities, Telecommunications and Internet of the Future.

Focusing on its clients and innovation, the company's areas of

expertise focus on the interoperability, Open Data and

cloud-based smart services, as well as Quality of Service

(QoS), Convergence Networks and Services of Future Internet

(e.g. 5G - SDN and NFV). With 3 national offices and around 50

employees, Ubiwhere is committed to ensure the best

practices at quality management level holding certifications

such as ISO9001 and CMMI-Dev level 3. One of our key

differentiating factors and a cornerstone of the company's

success is our dedicated and fast-paced team, always ready to

tackle some of technology’s and business’s greatest

challenges. We rely on a multi-faceted, dynamic, passionate

and highly qualified team composed by Senior Executives,

Researchers, Consultants, Project Managers, Designers,

Marketing and Communication Managers, Programmers and

Quality Assurance Technicians (almost 40 employees and

more than 90% with Master Degree or higher).

In our customer’s portfolio, major telecom operators (such as

SONAE and PT Inovação) and the National Government can be

found. Ubiwhere also cooperates with leading national and

international technology companies which value our

partnership and recognize the company’s large-scale

contribution to their creative and innovative projects.

Our SectorsWith a client-oriented approach and focusing on innovation, our portfolio of products, services and solutions is

quite wide. In the Smart Cities sector, we embrace interoperability, Open Data and smart cloud-based services

as fundamental components of what we do. Focusing on Telecom and Future Internet, it ranges from areas

such as QoS (Quality of Service), Networking Convergence and Future Internet Services (NFVs). We also create

and develop tailor-made solutions that meet the needs of the market.

The successful exploitation of

innovative ideas comes from

our ability to imagine and

develop new tools for dynamic

and challenging environments.

With an ear towards clients and

an eye for innovation, we offer a

vast portfolio of products,

services and SaaS for the

Telecom and Future Internet

sectors. From Brazil and Africa,

to Europe and the Asia-Pacific,

our solutions are spread all

over the world and the last

results speak for themselves.

Our company is committed to

create smart solutions for smart

cities in areas such as mobility,

tourism, energy and efficient

resource management.

Cities worldwide are facing

diverse challenges to

demonstrate its commitments

to environmental and social

demands. The growing concern

to find the right balance

between urban development

needs and global

environmental updates

challenges our company to

create smart solutions for smart

cities in several areas.

The competitive and

challenging environment of our

solutions, allied with our work

in different sectors has given us

the ability to develop a variety

of products and services that

best suits our customers’

expectations.

Since we have a diversified

portfolio of solutions for each

sector, we also feel the need to

embrace other specific projects

for specific customers’ needs

over the years.

Telecom & Future Internet Smart Cities Tailor-Made

The first time we met Ubiwhere was in a

European innovation project. We soon realized we

share a common vision and attitude towards the

future, where the will to make a difference in a

global and challenging market is key. Our first

conclusion was quick an easy: Let’s do something

together! And here we are, preparing the NEXT

new solutions… suiting the future together.

This last year working together with Ubiwhere

has been an enriching and promising experience.

And we’re sure this has only been the beginning!

Rui Alheiro - PROEF GroupCOO

Portuguese Partner

It is vital for city managers to have an integrated

and unified perspective of the city they are

responsible for, with the purpose of changing

current urban interventions from reactive to

proactive.

Paulo Calçada - Porto’s City CouncilInnovation and Smart Cities Responsible

Portuguese Partner

(About Ubiwhere's solutions)

Great professional skills are key to establish

partnerships, while trust and good relationships

are a must. Ubiwhere has all these qualities, and

our collaboration has brought successful results.

Sergi Figuerola - i2CATTechnology and Innovation Responsible

European Partner

What partnersSay

2016 was a year of success and financial stability for Ubiwhere,

evidenced by the increase in our turnover, compared to the

previous year. The following data confirms the strategy followed

by Ubiwhere to become a reference company in the areas in

which it operates.

Since 2007 we have been gradually evolving, and we are looking

forward to the coming years. The bet on business in the

international market has opened doors to the company and

boosted the foreign business.

Internally, we bet fully on the needs of our customers, developing

innovative solutions that translate into a competitive advantage

for the market.

Our ambition was, and continues to be, to invest on Research and

Innovation, to build relationships of trust with our customers, and

to constitute a highly professional and solid team.

TURNOVERAND GROWTHIN 2016 € 1113k

turnover

€ 518k net earnings

€ 552kebitda

“I WOULD LIKE TO THANK THE EFFORTS OF

ALL THOSE WHO CONTRIBUTED TO THE

ACHIEVEMENT OF OUR OBJECTIVES.” RUI A. COSTA

ECONOMIC INDICATORS

2008 € 120 169

€ 294 173

€ 319 398

€ 532 652

€ 869 369

€ 1 003 010

€ 1 086 311

€ 1 090 341

2009

2010

2015

€ 1 113 1482016

€ 1 250 0002017

2014

2013

2012

2011

TURNOVER

2008 € 35 889

€ 90 341

€ 116 691

€ 193 052

€ 293 922

€ 373 000

€ 402 709

€ 492 829

2009

2010

2015

€ 518 3032016

2014

2013

2012

2011

NET EARNINGS

NET MARGIN

31% 46%45%37%37%35%36%37%31%

2008 20162015201420132012201120102009

46%

2017

€ 580 0002017(forecast) (forecast)

(forecast)

SOCIAL INDICATORS

17

2011

100% 100% 100% 93% 94% 90% 79% 86%

7% 6%10%

21% 14%

89%

11%

6

2007

36

2016

5292015

6372016

EMPLOYEES

RECRUITMENT

Applications

After the financial analysis of the 2016 data, we have the certainty that, without the help of our customers, partners, employees and stakeholders, nothing we achieved would have been possible.

And because a company does not do it alone, we would like to thank all those who are part of Ubiwhere's ecosystem, which has allowed us to grow and to perspective a future full of success.

ACKNOWLEDGEMENTS

www.ubiwhere.com • info@ubiwhere.com