UBS Conference “Initiating Change Today”

Aram Mirkazemi, CEO

Pursuing Market Leadership in the Emerging

Intelligent System Design Automation

Sydney, 16 November 2015

Agenda

Beyond PCB… Emerging Market for Intelligent System Design 2

1

Bringing Transformation to the Engineering Software Industry

An Introduction to Altium

3

3

Altium’s Key Financial Metrics

Recurring

Revenue

$20M

$30M

$40M

$50M

$60M

$70M

$80M

$10M

$0M

2010 2011 2012 20152013

15%

11%

12%

7%

Revenue

EBIT

Operating

Cash Flow

13%

2014

$80.2M Revenue (up 13% pcp)

$61.9M

Cash

$15.4M NPAT

(normalized)

(up 38% pcp)

12.47

EPS (normalized)(up from 10.26)

13%

CAGR

28,000 Subscribers(47% of Revenue)

Debt

Free$82M Sales

(up 8% pcp)

AU16c Dividend(up 33%)

$22.7M

EBITDA(up 24%)

EBIT

Margin 27% (up from 24%)

4

30 Years of Continuous R&D in PCB Design Software

2010

1985

1991

1999

The company was founded by

creating the first version of Altium

Designer, Protel PCB

Altium Launches Protel for

Windows - World's first

Microsoft Windows-based

PCB design system

Altium Successfully

completes an IPO on

Australian Stock

Exchange

2006

Now

Altium launches Altium

Designer 6, the world’s

first Native 3D PCB

design software

Altium launches Altium Designer

13 introducing DXP 2.0, its next

generation integration platform

opening up Altium Designer to

third-party developers

Altium launches PCBWorks

introducing a specialized version

of its PCB Design Software for

SolidWorks

5

Printed Circuit Board Design

Bare BoardLayout Film Assembled BoardCircuit Diagram

Design Capture Layout Fabrication Assembly

6

Altium Products

Electronic

Design

Design Data Management &

Collaboration SoftwareEmbedded Software

Development Tools

3D Printed Circuit Board Design Software Solution

Vault

7

Diversity of Applications

Automotive

Electronics &

High-Tech

Life SciencesAerospace &

Defence

Consumer-

Electronics

SemiconductorsIndustrial Controls

Automation

Research &

Education

Mobile Devices &

Communications

Computers

8

PCB Design Software Market Segmentation & Size

Total Market size: $800MCurrently Addressable: $500M

High-End Tools - 57% of market

value, large engineering teams

designing complex products

Low-End Tools - 7% of

market value, simple

designs carried out by

multi-skilled engineers

Mainstream Tools - 36% of market

value, moderate to high design

complexity, carried out by small

teams of specialist engineers

9

A Unique PCB Design Solution For Every Market Segment

Low-End &

Long Tail

Mainstream

High-End

A successful execution

of the multi-product,

multi-channel strategy is

a critical for market

leadership

ATINA

X2

10

Altium’s Core Strengths & Enduring Competitive Advantages

Established

Brand in Most

Countries in the

World

Complex Software

IP Consisting of

Millions of Lines of

Code

Value-based Sales with Strong

Operating Leverage

Transactional Sales

Altium is the Only

“Pure-Play” PCB

Company in the

World

Altium has a

Strong

Operating

Leverage

Altium Enjoys a High Level of

Customer Loyalty

Customer Stickiness

Core Strengths Competitive Advantages

Expanding

MarginSustainable

Business

1

2

3

45

6

7

11

Altium’s Strategy for Market Leadership in PCB

Large-Scale

Content Creation

Acquisition &

Partnership

Agile Enterprise

Closing

Capability Gaps

Multi-Product,

Multi-Channel

Community

Collaboration

Mainstream

Leadership

Agenda

Beyond PCB… Emerging Market for Intelligent System Design 2

1

Bringing Transformation to the Engineering Software Industry

An Introduction to Altium

3

13

Mega Trends

Information is IndexedSearch & Discovery1990’sWeb 1.0

Social Networking2000’s

Web 2.0

People are Networked

Internet of Things2010’sWeb 3.0

Web 2.0

Things are Connected

and Intelligent

14

At the Heart of All Intelligent Systems is Electronics

Printed Circuit Boards Central to Electronics

Designing Smart Connected ProductsDesigning Smart Connected Products

Cloud System Engineering

Cloud application development and Infrastructure

management

Development of Control Systems in

Electromechanical devices

Embedded System Engineering

Creation of high-performance electronic

hardware with complex form factor

Electronics Engineering

Mechanical EngineeringDesigning complex objects with sophisticated

electromechanical behaviour

Electrical EngineeringDevelopment of wire harness and electrical systems

in Electromechanical devices

The Future is Multidisciplinary…

16

Intelligent Products Need Intelligent Tools

learn from experience (analytics)

minimize the chances of errors (safety & security)

operate at a higher level of abstraction (next generation authoring tools)

search for knowledge intelligently (semantic search)

are context aware (system level integration)

enable collaboration (and are concurrent)

Intelligent tools…

Agenda

Beyond PCB… Emerging Market for Intelligent System Design 2

1

Bringing Transformation to the Engineering Software Industry

An Introduction to Altium

3

18

Smart Product Lifecycle Management

19

Financial Strategy Will Determine Success

Support of the

investment community

is fundamental to

success

There will be a shake-up

within the engineering

software industry

Those who “win the war”

are financed the best!

Thank You