Press presentation - announcing the FY 2008/2009 financial results

APRIL 8, 2023 | SLIDE 1

www.realdolmen.com

29 MAY 2009Announcing the Results for the Year

Ended 31 March 2009

Press briefing


AGENDA

RealDolmen - overview

Key Figures Full Year 2008/2009

Operational Review & Outlook

Q & A


OVERVIEW

Bruno Segers

CEO RealDolmen


France

Luxemburg

Belgium

Headcount Belgium 1390 France 300 Luxemburg

80

Total1770


OVERVIEW

Solid first RealDolmen year Turnover up 5,6% REBIT +7,0% , with margins up to 6,0% despite incurred integration

costs Strong cash position with €19,3mio operational cash flow Net debt position reduced by €15,3mio as a result of buy back of

convertible bond and strong operational cash flows Reverse stock split

Integration on track Integration almost completed and additional cost improvement plans

taking effect Well positioned for the future

Good spread of customers - healthy revenue mix with over 33% in public sector and limited presence in financial sector (<7%)

Strong balance sheet and sound cash position Market leadership and strong offering


BROAD SINGLE-SOURCE OFFERING

Infrastructure Products

Business Solutions

Professional Services

Service Oriented Architecture Unified Communications Supply Chain Mgmt CAD/GIS Mobility Enterprise Asset Mgmt Clinical Trial Mgmt Systems

Development Outsourcing Managed Services Project Management Training Services Business Process

Management

Data Center Front-end Networking

IP Communications Voice Over IP Security

Turnkey Solutions Enterprise Resource

Planning Customer Relationship

Management Business Intelligence ECM/WCM Web Solutions

Networking Testing Support & Helpdesk Security Enterprise Application Integration Service Oriented Architecture

Solutions built with own software or on top of 3rd party platforms. In this area we sell services and products (such as 3rd party software or own IP) under the form of licenses.

Encompasses services (both development and infrastructure competences) and products (own IP under the form of courseware, development methodologies, project management methodologies, building blocks, etc).

Hardware products and software licenses


GOOD REVENUE SPREAD ACROSS SECTORS

Govern-ment / Health-care / Educa-

tion33%

Telecom3%

Industry29%

Distribu-tion /

Logistics / Energy

9%

Services (Financial)

7%

Services (Other)

19%


Colruyt (3)16%

Free Float47%

The Gores Group (1)28%

Cegeka4%

Institutionals (2)5%

SHAREHOLDER OWNERSHIP & REVERSE STOCK SPLIT

Notes:These figures (dating from 28/4/2009) represent the shareholdings on a non-diluted basis, i.e. without taking into account the possible conversion of warrants, convertible bonds or other financial instruments which may result in the creation of RealDolmen shares. They are based on the shareholder's declarations made in accordance with the applicable transparency legislation, which are also made available on thewebsite.

(1) Includes stock held by Gores (Real Holdings LLC) and KBC Financial Products. Further to the issuance of the 2007 Convertible Bond, Real Holdings LLC and KBC Financial Products have entered into a stock loan agreement according to which KBC FP has currently borrowed up to 40 million shares for up to 3 years. According to their most recent declarations, Gores and KBC Financial Products respectively hold 20,46% and 7,51% of the issued share capital. (2) “Institutionals” includes Fortis Investment Management NV, holding 3,00% of the issued share capital, Deutsche Bank AG, holding 2.64% of the issued share capital, and KBC (other than KBC Financial Products, which is already taken into account under (1)), holding 0,20% of the issued share capital.(3) “Colruyt” refers to a number of related parties that made a joint declaration, the details of which are available on the website.

Reverse stock splitConsolidation of shares to benefit shareholders by reducing stock volatility and allowing the stock price to better reflect value changes


KEY FIGURES FY 2008/2009

Jos Nyns

CFO RealDolmen


TURNOVER FY 2007/08 TO FY 2008/09

ProfessionalServices


Business Solutions

FY2007/08

FY2008/09

€142,0 mio€138,4

mio

FY2007/08

FY2008/09

€40,5 mio€34,8

mio

FY2007/08

FY2008/09

€83,1mio€78,3

mio

+16,4%

+2,5%

+6,3%

Total Group

FY2008/09

€265,6 mio

€251,5 mio

FY2007/08

+5,6%


MARGINS

FY2007/08

FY2008/09

-2,5%-1,6%

Corporate

FY2007/08

FY2008/09

10,5%

8,8%

Professional Services

FY2008/09

6,0%5,9%

FY2007/08

Total Group

FY2007/08

FY2008/09

10,1%

11,8%

Business Solutions

FY2007/08

FY2008/09

4,2%

3,4%



March ‘08

€36,6 mio

€73,7 mio

€16,7 mio

€57,0 mio

September ‘08

€34,6 mio

€74,6 mio

€14,8 mio

€59,9 mio

March ‘09

€33,1 mio

€54,9 mio

€18,4 mio

€36,5 mio

Net debtEbitda

CASH/DEBT POSITION

Cash (2)

Convertible debt (July 2012)

Other debt

(1) Shows impact of buy-back convertible in October and December on September close numbers(2) Cash = Cash + Assets held for trading

In Q3, the company has taken advantage of the depressed

environment in the convertible bond market to buy back

€31,5mio worth of its € 75mio senior unsecured convertible

bond note.

2,0 2,2 1,2


OPERATIONAL REVIEW & OUTLOOK

Bruno Segers

CEO RealDolmen


HIGHLIGHTS

Solid performance across all three divisions in the year As anticipated, impact of economic downturn seen in H2 and

into Q4

Continued customer wins across multiple sectors Public sector: Wit-Gele Kruis Vlaams-Brabant & Limburg Media: Corelio Telecom: Mobistar Industry: Sappi


SUCCESFULL MERGER

Divisions now organised & aligned

Cross-selling opportunities are being converted

Synergy benefits anticipated next FY, in-line with expectations

Number of employees reduced by 65 due to hiring freeze and optimizations

No increase in attrition due to merger. Attrition is declining due to economic downturn


GROWTH STRATEGY

Strategy remains unchanged – pursuit of organic growth with small acquisitions where appropriate

Operate a streamlined organization with optimal framework for growth following optimization & integration projects

Current economic environment presents opportunities to continue to build market share through carefully chosen bolt-on acquisitions


SUMMARY & OUTLOOK

Pleased and proud with first RealDolmen year Expectations are aligned with economic outlook

Lower levels of turnover in Q4 to continue in H1 2009/2010 Market position, customer spread across sectors and

strengthened product offering gives us confidence we should be able to gain market share

Lower turnover will put pressure on REBIT margins Expect acquisition synergies and optimization efforts to take

effect

We are well positioned for the future Framework for growth Strong cash position Strong market position Good spread of customers across sectors


HOME for our employeesSHOWCASE for partnersSIMPLE for our customersGREEN for the environmentCAMPUS for allROCK-SOLID PASSION for ICT


Q & A


For more information:visit our website WWW.REALDOLMEN.COM

or contact:Thierry de VriesSecretary-generalTEL.:+32 2 362 55 55FAX: +32 2 362 55 99 [email protected]

orFinancial DynamicsJuliet Clarke / Haya Chelhot / Emma AppletonTEL.: +44 20 7831 3113