Our Business

adesso helps companies to optimise the core business processes with IT: custom software development, consulting and solutions.

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Our Portfolio

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IndustrySolutions

Content Solutions

Mobile Solutions

IT-Solutions

IT-Services

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Premium IT Services & Solutions

► adesso combines> Top IT consulting> Cutting edge customised software development> Portfolio of own products and solutions

► adesso will expand to form one of the leading IT consultancies in central Europe for sector-specific businessprocesses

► adesso aims to grow by at least twice the rate of the market

► adesso has an operating margin that is above the sectoraverage

► adesso pays out dividends

Equity Story

Key figures

► More than 1,700 employees

► More than EUR 196 millionrevenues (preliminary) in 2015

► Constantly profitable

► More than EUR 28 million cash at year-end 2015

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Growth Model

4 drivers for growth

► Tried-and-tested model for expanding sector-wide presence► Transfer of model to new sectors:

> Build up a new core sector every 2-3 years> Currently under construction: Automotive

► Regional expansion

► Creation of a product & solutions portfolio

Implementation organisation

► Strategy group for defining sectors and solutions

► Industry groups for creating sector-wide presence

► Competence centres to cluster professional know-how and technology

BeispielbildConsulting Implemen-

tationSolutions

(Re-)Insurance

Banking

Healthcare

Lotteries

Public sector

Utilities

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Automotive

Geographic Expansion

Paths for Expansion

► IT Services

> Central Europe

Phase 1: Germany/Austria/Switzerland

Phase 2: Turkey

► Products & Solutions

> Worldwide

Germany

Switzerland, UK, Nordics, Benelux, France

USA

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Financial Figures

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► Increase US license sales; establish first Cloud-models► Establish new line of business „Automotive & Transportation“► Structure & expand adesso insurance solutions► Win a first hybrid nearshore project for adesso Turkey► M&A-Deal

Roadmap & Guidance 2015

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IFRSin EUR m 2014 Guidance

2015Updated

Guidance2015

(preliminary)

Sales 157 166 - 171 192 - 198 196.4

EBITDA 9.8 9.8 - 10.5 11.0 - 12.0 14.3

M&A-Deal

Biggest acquisition in company history so far► Acquisition of Born Informatik AG, Berne► 125 JAVA & .NET-experts with a very strong footprint in the public swiss sector► With about CHF 40 million in turnover a new IT-Powerhouse in Switzerland was built

► First time consolidation from 7/2015 – Merger into new adesso CH already done► Purchase price is financed completely externally, thereof > 70 % in CHF, loans with

maturities from 5 to 10 years► Q3+Q4/2015: EUR 12.9 million turnover, EUR 1.3 million EBITDA and EUR -0.12 EPS

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Strong ramp up – operational structure for projects now in place► > 40 headcount with several teams► Able to serve local and international projects► First large project > 500 md won (Mobility)► Two nearshore clients in Germany won► Next:

> Increase contribution margin> Win next hybrid nearshore customer> Positive results 2016

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Turnover EBT FTE

Development of adesso Turkey

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On the way to a leading provider of IT-solutions for the insurance industry ► in|SURE software suite for insurance companies: Life I Health I General I Car► Acquisition of remaining 50 % of PSLife GmbH (EUR 5.25 million )► Formation of PSLife Consulting GmbH

adesso insurance solutions

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Preliminary FY 2015

Ongoing strong organic growth► Sales up 25 % yoy thereof 17 % organic to a new record high► Growth derives especially from the core business in Germany and Switzerland and adesso

insurance solutions

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Operational earnings (EBITDA) raised disproportionally by 46 %► High capacity utilisation and licence sales of adesso insurance solutions and CMS► adesso Switzerland, Austria and Turkey with improved earnings► EPS up 39 % from EUR 0.59 to EUR 0.82

Preliminary FY 2015

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Q4 2015

► Good order situation in Germany and Switzerland► Good capacity utilisation in Germany in consulting and

software development► Most projects in good health► License deal with PSLife done► High order entry for CMS in December (US-)► Austria and Turkey with tailwind► Ex-Born Informatik adding EBITDA

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IFRSin EUR m 2014 Guidance

2015Updated

Guidance2015

(preliminary)

Sales 157 166 - 171 192 - 198 196.4

EBITDA 9.8 9.8 - 10.5 11.0 - 12.0 14.3

Raised Guidance exceeded (preliminary figures)

Key indicators 9M 2015

Balance Sheet Figuresin EUR k 30.09.2015 31.12.2014 30.09.2014 30.09. yoy

Liquid Assets 18,012 23,724 16,309 + 1,703

Interest-bearing liabilities 23,510 5,747 6,080 - 17,430

Net cash position - 5,498 17,977 10,229 - 15,727

Working Capital 33,821 23,600 29,369 + 15 %

Equity Ratio 37.4 % 46.1 % 46.5 % - 9,1%-P.

Cashflowin EUR k 9M 2015 2014 9M 2014EBT 7,166 7,288 5,300

CF, operating activities 3,164 9,248 - 1,378

CF, investment activities - 24,098 - 5,408 - 2,710

CF, financing activities 15,465 - 1,735 - 1,281

Change in Cash - 5,712 2,080 - 5,335

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What is next?

GrowthRamp up adesso insurance solutionsand new customersGrow at least twice as...

Strengthen e-Business activities to meetdemand in digital transformation

First full year consolidation of Swiss acquisition addingturnover and EBITDA; amortization from ppa aboutEUR 1.2 million lower than 2015

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ConsolidateContinue to improve EBITDA-Margin

Improve profit contribution ofadesso Austria and Turkey

Consolidating e-Spirit international activities

Improved earnings

+ Market Impact

Thank you for your attention.

adesso AGChristoph JungeMember of the Executive BoardStockholmer Allee 2044269 DortmundGermanyT +49 231 7000-7000ir@adesso.de www.adesso-group.de/en/

Appendix

Clients by industry

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Geographical Sales

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Key figures (Quarters)

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in EUR k Q3/2013 Q4/2013 Q1/2014 Q2/2014 Q3/2014 Q4/2014 Q1/2015 Q2/2015 Q3/2015

Profit situation

Sales revenues 35,256 35,056 37,845 36,715 40,425 41,930 42,081 44,909 53,255domestic 29,869 29,036 31,262 30,258 33,234 37,187 33,738 36,295 37,377foreign 5,387 6,020 6,583 6,457 7,191 4,743 8,343 8,614 15,878EBITDA 3,276 1,588 2,741 548 3,682 2,807 1,509 2,667 5,435EBITDA margin (in %) 9.3 4.5 7.2 1.5 9.1 6.7 3.6 5.9 10.2Consolidated earnings 1,834 40 1,269 -317 1,612 1,431 422 896 2,716

Balance Sheet

Balance sheet total 75,832 75,129 79,507 73,443 80,203 84,030 87,918 105,909 111,339Equity 36,626 36,044 37,253 35,780 37,295 38,748 39,658 39,260 41,674Euqity ratio (in %) 48.3 48.0 46.9 48.7 46.5 46.1 45.1 37.1 37.4Liquid assets 14,886 21,644 18,481 12,320 16,309 23,724 21,943 16,006 18,012Net cash position 8,949 16,288 13,653 7,931 10,229 17,977 16,657 -7,229 -5,223

Employees

Employees (FTE) 1,201 1,221 1,233 1,289 1,340 1,377 1,410 1,468 1,625domestic 1,082 1,106 1,115 1,164 1,209 1,236 1,260 1,314 1,378foreign 119 115 118 125 131 141 150 154 247Gross profit/Employees 108 102 110 101 107 106 107 111 116

Share

Number 5,763,327 5,763,327 5,763,327 5,763,327 5,793,720 5,793,720 5,793,720 5,793,720 5,799,720Price at the end of the period (in EUR) 8.37 10.55 11.00 13.50 12.35 13.50 14.01 18.06 19.20Market Cap (in EUR m) 48.2 60.8 63.4 77.8 71.6 78.2 81.2 104.6 111.4Earnings per share (in EUR) 0.30 -0.01 0.20 -0.08 0.24 0.23 0.07 0.14 0.43

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Key figures (FY)

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in EUR k 2009 2010 2011 2012 2013 2014Profit situationSales revenues 71,338 85,684 105,986 120,521 135,283 156,915domestic 60,361 69,225 85,375 97,504 112,840 131,941foreign 10,977 16,459 20,611 23,017 22,443 24,974EBITDA 5,757 5,595 8,606 6,711 7,776 9,778EBITDA margin (in %) 8.1 6.5 8.1 5.6 5.7 6.2Consolidated earnings 3,583 2,492 3,911 -92 3,027 3,995Balance SheetBalance sheet total 58,883 62,320 69,850 76,940 75,129 84,030Equity 28,847 30,902 34,368 34,476 36,044 38,748Euqity ratio (in %) 49.0 49.6 49.2 44.8 48.0 46.1Liquid assets 17,340 17,021 22,491 21,368 21,644 23,724Net cash position 10,551 10,169 17,706 13,661 16,288 17,977EmployeesEmployees (FTE) 598 729 847 1,084 1,221 1,377domestic 521 647 752 986 1,106 1,236foreign 77 82 95 98 115 141Gross profit/Employees 111 112 118 106 105 106ShareNumber 5,714,532 5,714,532 5,741,663 5,747,716 5,763,327 5,793,720Price at the end of the period (in EUR) 5.35 5.39 6.30 6.40 10.55 13.50Market Cap (in EUR m) 30.6 30.8 36.2 36.8 60.8 78.2Earnings per share (in EUR) 0.61 0.42 0.72 0.12 0.48 0.59Dividend per share (in EUR) 0.15 0.15 0.18 0.18 0.21 0.25

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Shareholder Structure

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Founders still hold ~ 50 % of the sharesSome more institutional investors on board

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The share

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► Share price up 78 % in 2015 / Outperformance vs. TecDAX 45 %► Market Cap raised by EUR 61.4 million to EUR 139.6 million

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adesso Share, Basic Data

ISIN Code DE000A0Z23Q5

WKN (national securities identificationnumber) A0Z23Q

Symbol / Code ADN1

Reuters Instrument Code ADNGk.DE

Bloomberg Symbol ADN1:GR

First day of trading 21. June 2000

Trading platforms Xetra

Market Segment General Standard

Number of Shares 5,799,720

Currency EUR

Nominal value

No share with nominal value;EUR 1.00 (mathematically)

Share capital 5,799,720

Voting rights per Share 1

Index

CDAX, DAXsector All Software, DAXsubsector All IT-Services, General

All-Share, General Standard Index

Reporting Standard IFRS

End of fiscal year 31 Dec.

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Shareholdings

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Executive Board

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Michael Kenfenheuer, CEOMichael Kenfenheuer (born in 1958) is a member of the Executive Board and responsible for the departments Banking, Health and Insurance. In the Executive Board of adesso he is furthermore in charge of the adesso shareholdings adesso insurance solutions GmbH, areal drei advisory GmbH, ARITHNEA GmbH, e-Spirit AG, gadiv GmbH, phb services GmbH and PSLife GmbH. He was appointed as a member of the adesso AG Executive Board for these responsibilities in 2000. With his many years of business management and project management experience, Michael Kenfenheuer is having a major impact on the development and expansion of the company's network of technical and industry experts. From 2011 to mid- 2015 Michael Kenfenheuer was the Co-Chairman of adesso AG. Since 1 July 2015 he assumes the Chairmanship.

Christoph Junge, CFOChristoph Junge (born in 1970) is a member of the Executive Board and responsible for Finance, Human Resources, Administration and Legal Affairs also Mergers & Acquisition. He is furthermore in charge of the adesso shareholding percision services GmbH and CFO of e-Spirit AG. Before he was appointed as a member of the BOV AG (now adesso AG as the result of a merger) Executive Board in May 2005, he helped shape the company’s business operations as Director of Finance and Company Development.

Andreas Prenneis, Member of the Executive BoardAndreas Prenneis (born in 1965) is a member of the Executive Board and responsible for adesso’s automotive & transportation, cross industries, public administration, IT management consulting and energy sector business and is furthermore in charge of the adesso shareholdings adesso hosting services und adesso mobile solutions. He was appointed as a member of the adesso AG Executive Board for these responsibilities in 2015. Andreas Prenneis joins adesso from CompuGroup Medical Germany, where he managed a number of business areas in his role as Area Vice President Telematik & AddOn.

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Supervisory Board

Six members experienced with high industry knowledge►Prof. Dr. Volker Gruhn (Chairman): co-founder of adesso, professor for Software Engineering►Dr. Friedrich Wöbking (Deputy Chairman): e.g. former member of the executive board of Dresdner Bank and Allianz►Prof. Dr. Gottfried Koch: e.g. former managing director of a stocklisted software company, professor of insurance information technology►Hermann Kögler: Director of Finance/Controlling and Spokesman of the Board at COGNOS AG►Heinz-Werner Richter: e.g. former member of the executive board of Barmenia Insurance, German Insurance Industry Association►Rainer Rudolf: co-founder of adesso, managing director of a software company

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Finance calendar

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Date Event2016-02-17 Small & Mid Cap Conference of ODDO SEYDLER BANK AG, Frankfurt/Main

2016-03-11 1st Bryan, Garnier & Co TMT Conference, Paris

2016-03-24 Publication of the 2015 annual report, financial press / analyst conference, Dortmund

2016-04-21 11. FCF Family-to-Family Day of the FCF Fox Corporate Finance GmbH, Munich

2016-05-09/10/11 7th DVFA Spring Conference 2016, Frankfurt/Main

2016-05-13 Interim announcement of the group within the 1st half-year

2016-05-31 Regular ASM, Dortmund

2016-08-26 Publication of the 2016 half-year report

2016-11-14 Interim announcement of the group within the 2nd half-year

2016-11-21/22/23 German Equity Forum/One-on-Ones, Frankfurt/Main

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Thank you for your attention.

adesso AGChristoph JungeMember of the Executive BoardStockholmer Allee 2044269 DortmundGermanyT +49 231 7000-7000ir@adesso.de www.adesso-group.de/en/