#1TeamViewer Q3 2020 Investor Presentation 10 November 2020 ATME 000#2Importance Notice This presentation as well as any information communicated in connection therewith (the "Presentation") contains information regarding TeamViewer AG (the "Company") and its subsidiaries (the Company, together with its subsidiaries, "TeamViewer"). It is being provided for informational purposes only and should not be relied on for any purpose and may not be redistributed, reproduced, published, or passed on to any other person or used in whole or in part for any other purpose. All stated figures are unaudited. Certain statements in this presentation may constitute forward looking statements. These statements are based on assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks and uncertainties, including, but not limited to, those risks and uncertainties described in TeamViewer's disclosures. You should not rely on these forward-looking statements as predictions of future events and we undertake no obligation to update or revise these statements. Our actual results may differ materially and adversely from any forward-looking statements discussed in these statements due to several factors, including without limitation, risks from macroeconomic developments, external fraud, lack of innovation capabilities, inadequate data security and changes in competition levels. The Company undertakes no obligation, and does not expect to publicly update, or publicly revise, any forward-looking statement, whether as a result of new information, future events or otherwise. All subsequent written and oral forward-looking statements attributable to it or to persons acting on its behalf are expressly qualified in their entirety by the cautionary statements referred to above and contained elsewhere in this Presentation. This document contains certain alternative performance measures (collectively, "APMS") including billings and Adjusted EBITDA that are not required by, or presented in accordance with, IFRS, German GAAP or any other generally accepted accounting principles. TeamViewer presents APMs because they are used by management in monitoring, evaluating and managing its business and management believes these measures provide an enhanced understanding of TeamViewer's underlying results and related trends. The definitions of the APMs may not be comparable to other similarly titled measures of other companies and have limitations as analytical tools and should, therefore, not be considered in isolation or as a substitute for analysis of TeamViewer's operating results as reported under IFRS or German GAAP. APMS such as billings and Adjusted EBITDA are not measurements of TeamViewer's performance or liquidity under IFRS or German GAAP and should not be considered as alternatives to results for the period or any other performance measures derived in accordance with IFRS, German GAAP or any other generally accepted accounting principles or as alternatives to cash flow from operating, investing or financing activities. TeamViewer has defined each of the following APMs as follows: "Billings" represent the (net) value of goods and services invoiced to customers in a given period if realization is probable - it is defined as revenue adjusted for change in deferred revenue P&L-effective; "Adjusted EBITDA" means EBITDA, adjusted for P&L-effective changes in deferred revenue as well as for certain special items relating to share based compensations and other material items that are not reflective of the operating performance of the business. This document also includes further certain operational metrics, such as Net Retention Rate, and additional financial measures that are not required by, or presented in accordance with IFRS, German GAAP or any other generally accepted accounting principles (collectively, "other financial measures”). TeamViewer presents these operational metrics and other financial measures for information purposes and because they are used by the management for monitoring, evaluating and managing its business. The definitions of these operational metrics and other financial metrics may not be comparable to other similarly titled measures of other companies and have limitations as analytical tools and should, therefore, not be considered in isolation or as a substitute for analysis of TeamViewer's operating results, performance or liquidity as reported under IFRS or German GAAP. TeamViewer has defined these operational metrics and other financial measures for information purposes as follows: "Net retention rate" means annual recurring billings of existing subscription customers during the period considered less gross value churn plus billings from upselling and cross-selling, including foreign exchange effects and expiring discounts, as a percentage of annual recurring billings in the previous period; "Levered free cash flow" (FCFE) means net cash from operating activities less capital expenditure for property, plant and equipment and intangible assets (excl. M&A), payments for the capital element of lease liabilities and interest paid for borrowings and lease liabilities; and „Net Leverage" means the ratio of net financial debt (sum of interest-bearing loans and borrowings, current and non-current, less cash and cash equivalents) to Adjusted EBITDA. 2 Q3 2020 Investor Presentation TeamViewer#3TeamViewer Business Overview Oliver Steil Core 2 3 DO >#4Q3: Strong Performance And First Acquisition Since IPO Financial Performance Q3 9M Billings +29% yoy¹ +34% cc² +48% yoy +50% cc Adj. EBITDA +26% yoy +34% CC +58% yoy +61% CC Adj. EBITDA Margin 55% 57% 1) Reported growth year-on-year 2) Growth at constant currencies 4 Q3 2020 Investor Presentation Further Highlights Very good and balanced contribution from all growth initiatives Overachieved growth targets set at IPO Ubimax acquisition closed and integration progressing well with first success in Frontline/AR cross-selling Further application integrations with key partners Growing enterprise customer base with strong momentum in strategic solutions sales TeamViewer#5Growing Enterprise Subscriber Base With Rising Deal Sizes... Subscribers With Annual Contract Value Above €10k (LTM)¹ Top 50 Deals Accumulated Contract Value LTM (€m)² +181% +174% 1,658 +144 57 Ubimax 1,601 1,457 +72 1,183 698 518 590 30. Jun 19 30. Sep 19 31. Dec 19 31. Mar 20 30. Jun 20 30. Sep 20 1) Subscriber with invoiced billings of at least €10,000 p.a. across all purchased products and services during the last twelve months 2) The EUR aggregate value of the top 50 invoices during the last twelve months - not considering renewals 5 Q3 2020 Investor Presentation 7.7 1.3 Ubimax 6.4 6.3 5.5 3.4 2.7 2.8 30. Jun 19 30. Sep 19 31. Dec 19 31. Mar 20 30. Jun 20 30. Sep 20 TeamViewer#66 ...Driven By Strong Momentum In Strategic Solutions Sales Selection of Q3 Transactions Sector Country ACV in € License Use Cases Logistics USA >100k Frontline Industrials USA >100k Household Products USA >100k Frontline Frontline Vision picking with smart glasses for hands-free and paperless processes AR worker guidance for manufacturing, maintenance and logistics AR remote support for workflow guidance Mining USA >100k Tensor Global IT tech support for various devices Logistics Mexico >50k Frontline Industrials USA >50k Tensor Construction Spain >50k Tensor IT Services USA >50k Tensor Publishing USA <50k Tensor Public Sector USA <50k Tensor IT Services Denmark <50k Tensor Vision picking with smart glasses for hands-free and paperless processes Internal tech support that features high security standards and ease of use Internal support of over 22.000 devices Supporting digital signage solutions Work from home for Design Departments with high performance requirements IT support for 23,000 employees External IT service provider - over 150 agents managing a multitude of devices Medical Technology USA <50k Tensor/Pilot Remote customer support & training Q3 2020 Investor Presentation TeamViewer#7Ubimax Integration Progressing Very Well Business impact starting to materialize 7 Signing (15 Jul) Closing (21 Aug) Capital Increase (16 Sep) Today Legal Merger (Dec) 2 - End of Q1 2021 ~ Q3 2021 Phase 1: Joint Marketing Frontline added to TeamViewer solutions suite Phase 2: Joint Go-To-Market ✓ Frontline lead generation within TMV customer base ✓ Sales team trained and solution delivery team established Phase 3: Platform Integration Dedicated joint AR/IoT product and R&D teams Frontline/loT integration developed Integration into Security Infrastructure Acceleration cross selling Further use cases through Frontline/loT integration Q3 2020 Investor Presentation • Product Roadmap 2021 and beyond • Joint Software Architecture TeamViewer#8Over-Delivered The IPO Growth Plan - Ready For More For More →TeamViewer Customer Segment Expansion 567k / +31% Subscribers1 Geographic Expansion +46% USA Billings¹ Use Case Expansion / New Products +429% Tensor Billings¹ 1,658 / +181% Enterprise Customers² +126% Japan Billings¹ +468% Pilot Billings1 2.5 billion +64% Installed Devices³ France Billings¹ +54% RMM Billings¹ Best in Class Financial Profile - Rule of 100: Billings up 44% with 58% Adj. EBITDA margin¹ TAM of €40bn: Taking advantage of unpenetrated growth markets in AR and loT 1) LTM 30 Sep 2020 or yoy growth 2) Incl Ubimax 3) As of 6 November 2020 8 Q3 2020 Presentation 20 | HEN3 30) IFX 30 LHA 70) | LIN 201 MRK 30 MTX 09:16 Uhr 30) I FRE 44,500 44.345/ 44.350) 30 HEI 64.920 64.880 64,920) 92.400 92,340 92.360) 16.686 16.684/ 16,690) 14.385 (14.390/ 14.395) 174.700 (174.000/174.100) DAX® 12310 12292 Deutsche Börse 25.09.2019 Höchst Vortag 12307.15 Erster Tiefst Letzter 12250.00 12261.06 12243.32 12248.53 09:12:59 09.06.23 09:16:40 09:16:40 Veränderung -58.62 -0.48 % DAX-Her ADS ALV BAS BAYN BEI BMW 35) LEADING 00> RHE 93) SAP 50 SIE REMOTE CONNECTIVITY 51 70) 1 VNA VOH3 152,020 (152,980/153,040) 50) INDI 143.700 (143,800/143,850) 102.950 (102.700/102,750) 238.700 (237,800/238,000) HUV2 233.300 (233.800/233,800 28.100 28.350 28,360) 107,100 (107.060/107,080) 94.990 95.230 95,250) 44,510 (44.720/ 44,730) CON 1COV DAI 12275 DB1 DBK DPH 12257 DTE EOAN 12240 FME 09.00 10:05 11:10 12:15 13 20 14.25 15.30 16 35 17140 PLATFORM LISTED amViewer #Listed In Frankfurt 20 Θ LISTED 2019 ea ev TeamViewer#9TeamViewer Financial Overview Stefan Gaiser#10Delivering Strong Growth and High Profitability... Billings (€m)1 +29% 82.7 +34% cc 106.4 Adj. EBITDA (Em) & Margin² +26% +34% cc 58.2 46.0 55.6% 54.7% Q3 2019 Q3 2020 Q3 2019 Q3 2020 +48% +58% +50% cc 332.1 +61% cc 189.3 224.3 119.6 9M 2019 1) Including Ubimax contributing €0.6m billings in Q3 2) Adj. EBITDA as % of Billings 10 Q3 2020 Investor Presentation 53.3% 57.0% 9M 2020 9M 2019 9M 2020 TeamViewer#11...With Growing Subscriber Base And Continuously High NRR Subscribers (thousand, LTM) Continued growth of new subscribers • Successful migration of long tail of perpetual customers proves product stickiness Billings By Category (Єm, LTM) Growing contribution from new license sales on top of strong Q3 2019 • Continued low churn FX effects negatively impacting reported billings Net Retention Rate 104% (LTM, 30 September 2020) . Consistently above 100% since the transition from perpetual to subscription licenses Unchanged up & cross sell and value churn; small decrease due to FX effects +31% +29% +34% CC 106.4 567 0.7 82.7 432 178 29.3 0.2 1.8 25 28.2 171 4.4 56 74.7 364 49.9 205 30. Sep 19 Retained Migrated 30. Sep 20 New 1) Billings generated from subscriptions renewals incl. up and cross sell from all subscribers in the given period Q3 2019 Renewal¹ 11 Q3 2020 Investor Presentation Q3 2020 Migration New Other TeamViewer#12Expanded Global Coverage Resulting in Well Balanced Growth 12 AMERICAS Billings (Em) • • Strong mid-market and Enterprise business Weaker US$ reduces reported growth . EMEA Billings (Em) Very good contribution from Inside Sales and Resellers • Longer sales cycles for larger Enterprise deals APAC Billings (Em) Significant growth acceleration in key countries across all sales channels Japan ahead of plan and strong contribution from China 35.9 Q3 2019 +18% +33% +51% +27% cc 42.3 +34% CC 48.0 +56% cc 16.1 36.1 10.7 Q3 2020 Q3 2019 Q3 2020 Q3 2019 Q3 2020 +47% +49% +47% 7 46.0 +50% cc +50% cc 172.9 +49% cc 113.3 31.3 116.0 77.0 9M 2019 Q3 2020 Investor Presentation 9M 2020 9M 2019 9M 2020 9M 2019 9M 2020 TeamViewer#13Strong Business Model Drives Superior Margins... Future growth supported by investments across all functions. €m Billings Q3 20 106.4 Q3 19 Δ 9M 20 9M 19 Δ 82.7 +29% 332.1 224.3 +48% . Cost of Sales (9.4) (6.3) (26.3) (17.3) +48% +52% % of Billings 8.8% 7.6% 7.9% 7.7% Gross Profit 97.1 76.4 % Margin +91.2% +92.4% +27% -1.2pp 305.8 92.1% 207.0 92.3% +48% -0.2pp • Sales (14.0) (9.9) (41.5) (28.4) +41% +46% Q3 Cost of Sales up as anticipated and reflecting investments in platform infrastructure fully in line with financial model Expansion of solutions sales and continued investments in R&D (+124 FTEs YTD), mainly in the areas of AR and loT % of Billings Marketing % of Billings (7.6) 13.2% 12.0% 12.5% 12.7% . (5.5) (21.8) (16.2) Lower bad debt expenses 7.1% 6.6% +39% 6.6% 7.2% +35% • 9M Adj. EBITDA margin up 3.7pp R&D (8.9) (6.6) (24.2) (20.5) % of Billings 8.3% 8.0% +35% 7.3% 9.2% +18% G&A (6.5) (4.1) (19.0) (12.3) % of Billings 6.1% 4.9% +59% 5.7% 5.5% +54% Other¹ (2.0) (4.3) (10.1) (10.0) % of Billings 1.8% 5.2% -55% 3.0% 4.4% +1% Total Opex (38.9) (30.4) (116.5) (87.5) % of Billing's 36.5% 36.7% +28% 35.1% 39.0% +33% Adj. EBITDA 58.2 46.0 +26% 189.3 119.6 +58% % Margin 54.7% 55.6% -0.9pp 57.0% 53.3% +3.7pp 1) incl. other income/expenses and bad debt expenses of €2.2m in Q3 and €10.8 for 9M 2020 (€4.6m in Q3 2019 and €11.3m for 9M 2019) 13 Q3 2020 Investor Presentation TeamViewer#14...Translating Into High Operating And Levered Free Cash Flow 14 €m Q3 20 Q3 19 Δ 9M 20 9M 19 Δ Pre-Tax Net Cash from 57.4 36.0 +60% 185.1 98.9 +87% Operating Activities (IFRS) • Income Tax Paid (7.0) (5.0) +41% (24.7) (15.2) +62% • Capital Expenditure (excl. M&A) (7.7) (0.2) >100% (22.8) (8.1) +180% Lease Repayments (1.6) (1.5) +9% (3.4) (3.8) -13% • Interest Paid for Borrowings and Lease Liabilities (11.2) (0.2) >100% (24.8) (26.5) -6% • Levered Free Cash Flow (FCFE) 29.9 29.1 +3% 109.4 45.2 +142% as % of Adj. EBITDA as % of EBITDA Q3 2020 Investor Presentation 51% 63% 58% 38% 55% 107% 70% 33% 9M 2020 pre-tax net cash from operating activates up 87% One-off capital expenditure related to ERP system (€11.9m) and new headquarters (€6.2m) in 9M 2020 increasing capital expenditure to €22.8m YTD No loan interest paid in Q3 2019 9M 2020 levered free cash flow benefitting from lower loan interest TeamViewer#15Ubimax Cash Consideration Funded With Operating Cash Flow Gross debt reduced and net leverage at 2.0x Development Cash & Cash Equivalents Net Financial Debt and Net Leverage Development €m 50.4 (7.7) Capex (84.1) 149.8 Net Cash Op. Activities Cash 30. Jun 20 15 Ubimax (39.0) Debt (12.8) (3.6) Repay. Interest & Lease Q3 2020 Investor Presentation €m Cash & Cash Equiv. IFRS 16 Leases I Loan Facilities 19.8 592.6 I Net Financial Debt - Net Leverage 23.1 532.3 462.6 1.9x 502.4 2.0x • • Loan Facilities amended: Lower interest expense in Q3 (€4.4m) due to margin step down and repricing 0% US$ Libor floor (previously 1%) RCF increased from €35m to €150m (€55m drawn) and US$ term loan partially repaid (now $340m) 0 53.0 53.0 149.8 Other Cash 30. Sep 20 30. Jun 20 30. Sep 20 TeamViewer#16Sustainability Commitment Reflected In Sector Leading ESG Ratings Connectivity and digitalization solutions for a more sustainable world CLIMATE NEUTRAL PLANT FOR THE PLANET M Carbon Neutral Operations since 2018 by GHG scope 1 & 2 emissions offset Handprint Net Positive Assessment under way Quantifying the positive contribution of TeamViewer solutions to global emission reduction targets MSCI ESG RATINGS CCC B AA BB BBB A AA AAA SUSTAINALYTICS SUSTAINABLE DEVELOPMENT UN Global Compact Signatory Commitment to all UN SDGS with focus on 8 specific goals GOALS related to TeamViewer operations and solutions Corporate Responsibility RATED BY ISS ESG‣ Prime vigeqeiris Please note the disclaimer on page 28 For further information please visit: https://ir.teamviewer.com/websites/teamviewer/English/4700/sustainability-and-corporate-social-responsibility.html 16 Q3 2020 Investor Presentation TeamViewer#17Raising FY 2020 Billings Guidance Excluding Ubimax 17 Billings Revenue €450-455m (previously around €450m) at least €450m (unchanged) Adj. EBITDA Margin around 56% (unchanged) Capital Expenditure Q3 2020 Investor Presentation €25 - 30m (unchanged) TeamViewer#18TeamViewer Appendix Allow Remote Control Access Remote Computer 1234 567 389 X zsa718 B Unattended Access 91120 BOU et Commit 0 TeamViewer 4 4 5 2 T Y U 9 W B R 0 H J S D A V N M 0#19Q3 2020 Reconciliation From Management Key Metrics To IFRS €m Management View Adjusted P&L Deferred Revenue D&A Other non-IFRS Adjustments Billings/Revenue 106.4 10.7 Accounting View IFRS P&L 117.2 Cost Of Sales Gross Profit Contribution Sales Marketing (9.4)/(8.8% of Billings) 97.1/(91.2% of Billings) (6.8) (0.2) (14.0)/ (13.2% of Billings) (1.3) (3.9) (16.4)/ (14.0% of Revenue) 100.8/ (85.9% of Revenue) (19.1) (16.3% of Revenue) (7.6)/(7.1% of Billings) (0.4) (1.5) R&D (8.9)/(8.3)% of Billings) (1.3) (1.9) G&A (6.5)/(6.1% of Billings) (0.5) (8.7) Other1 (2.0)/(1.8% of Billings) 1.3 (9.5)/(8.1% of Revenue) (12.1) (10.3% of Revenue) (15.7)/(13.4% of Revenue) (0.7)/(0.6% of Revenue) Adj. EBITDA D&A (ordinary only)2 58.2/(54.7% of Billings) (4.1)2 Adj. EBIT / Operating profit (EBIT) 54.1/(50.8% of Billings) 10.7 (6.2)3 (14.9) D&A (total) EBITDA 1) incl. other income/expenses and bad debt expenses of €2.2m 2) D&A excl. amortization intangible assets from PPA 3) Amortization intangible assets from PPA 19 Q3 2020 Investor Presentation 43.8/(37.3% of Revenue) 10.3 54.1 / (46.1% of Revenue) TeamViewer#209M 2020 Reconciliation From Management Key Metrics To IFRS €m Management View Adjusted P&L Deferred Revenue D&A Other non-IFRS Adjustments Billings / Revenue 332.1 2.5 Accounting View IFRS P&L 334.6 Cost Of Sales (26.3)/(7.9% of Billings) (19.9) (0.4) Gross Profit Contribution 305.8/(92.1% of Billings) Sales (41.5)/(12.5% of Billings) (3.6) (7.5) (46.6)/(13.9% of Revenue) 288.0/(86.1% of Revenue) (52.6)/ (15.7% of Revenue) Marketing (21.8)/(6.6% of Billings) (1.0) (4.4) R&D (24.2)/(7.3)% of Billings) (3.7) (3.4) G&A (19.0)/(5.7% of Billings) (1.5) (21.9) Other¹ (10.1)/ (3.0% of Billings) 1.1 (27.2)/(8.1% of Revenue) (31.2)/(9.3% of Revenue) (42.3)/ (12.7% of Revenue) (9.0)/(2.7% of Revenue) Adj. EBITDA D&A (ordinary only)2 189.3 (57.0% of Billings) (11.6)2 Adj. EBIT/Operating profit (EBIT) 177.7 / (53.5% of Billings) 2.5 (18.0) 3 (36.5) 125.7 / (37.6% of Revenue) D&A (total) EBITDA 1) incl. other income/expenses and bad debt expenses of €10.8m 2) D&A excl. amortization intangible assets from PPA 3) Amortization intangible assets from PPA 20 Q3 2020 Investor Presentation 29.6 155.3/ (46.4% of Revenue) TeamViewer#21Non-IFRS Adjustments in EBITDA Deferred Revenue Adjustments (Em) Other non-IFRS Adjustments (Em) Q3 20 Q3 19 9M 20 9M 19 Q3 20 Q3 19 9M 20 9M 19 Billings 106.5 82.7 332.1 224.3 Total IFRS 2 Charges (13.8) (26.2) (34.2) (27.1) TeamViewer LTIP Perpetual Def. Revenue (0.6) (1.0) 9.2 31.3 39.7 95.8 Release/(Addition) Ubimax Share Consideration (3.3) (3.3) Share-based Compensation by TLO (9.9) (26.2) (29.9) (27.1) Subscription Def. Revenue 2.5 (11.6) (34.7) (35.4) Release/(Addition) Other Material Items (2.4) (11.9) (3.4) (16.0) Financing, M&A, transaction-related (0.9) (0.5) (1.1) (0.6) Unallocated Def. Revenue (1.1) (0.3) (2.5) (1.4) Release/(Addition) IPO related (9.9) 0.0 (10.0) Other (1.5) (1.6) (2.3) (5.4) Revenue 117.2 102.0 334.6 283.3 USD Hedge Valuation Gain/Loss 1.3 1.1 Perpetual deferred revenue now largely released with €9.2m remaining on balance sheet (see next page) Total (14.9) (38.1) (36.5) (43.1) . Unallocated deferred revenue mainly consists of undue billings not recognized as receivables under IFRS 15 • TeamViewer cash-settled LTIP includes executive and key employee grants Ubimax share consideration recognized under IFRS 2 due to vesting condition with respect to continued employment of management Share-based compensation by TigerLux One (TLO) are fully funded by the selling shareholder in the IPO 21 21 Q3 2020 Investor Presentation TeamViewer#22Deferred Revenue Development Q3 20 Q3 19 9M 20 9M 19 Perpetual Deferred Revenue (BOP) 18.3 108.8 48.9 173.4 (-) Release 9.1 31.5 39.7 96.9 (+) Addition (0.0) (0.1) 0.0 1.1 9.2 77.6 9.2 77.6 Perpetual Deferred Revenue (EOP) Subscription Deferred Revenue (BOP) 201.3 131.1 164.0 107.3 (-) Release 109.3 69.1 297.5 187.1 (+) Addition 106.6 80.6 332.2 222.5 Subscription Deferred Revenue (EOP) 198.6 142.7 198.6 142.7 Total Deferred Revenue (BOP) 219.6 239.9 212.8 280.6 (-) Release 118.4 100.2 337.3 283.9 (+) Addition 106.6 80.5 332.3 223.6 Total Deferred Revenue (EOP) 207.8 220.3 207.8 220.3 22 22 Q3 2020 Investor Presentation TeamViewer#23Profit & Loss Statement (unaudited) in EUR thousands Revenue Cost of sales Gross profit Other income Research and development Sales Q3 2020 Q3 2019 Δ% 9M 2020 9M 2019 Δ% 117,197 102,021 15% 334,644 283,257 18% (16,352) (12,646) 29% (46,637) (36,418) 28% 100,845 89,374 13% 288,006 246,839 17% 1,504 7,843 -81% 2,025 15,856 -87% (12,067) (10,289) 17% (31,188) (26,798) 16% (19,145) (14,148) 35% (52,612) (34,682) 52% Marketing General and administrative Other expenses Bad debt expenses Operating profit Unrealised foreign exchange gains/(losses) Realised foreign exchange gains/(losses) (9,484) (6,186) 53% (27,218) (17,344) 57% (15,735) (43,515) -64% (42,335) (63,822) -34% 62 (431) -114% (230) (478) -52% (2,228) (4,572) -51% (10,751) (11,250) -4% 43,752 18,078 142% 125,699 108,320 16% 12,372 3,336 271% 15,196 (1,347) -1228% 382 (21,344) -102% (1,342) (20,078) -93% Finance income Finance cost 2,752 16,543 -83% 2,902 38,824 -93% (4,820) (37,295) -87% (18,326) (76,649) -76% Profit before taxation 54,437 (20,682) -363% 124,130 49,070 153% Tax income/(expenses) (22,812) 34,294 -167% (50,042) 10,265 -588% Profit/(loss) for the period 31,625 13,613 132% 74,088 59,335 25% Other comprehensive income for the period Items that may be reclassified to profit or loss in subsequent periods (634) 530 -220% (729) 542 -235% Hedge reserve, gross (14) 6 -319% (76) 8 -1090% Exchange differences on translation of foreign operations (620) 524 -218% (653) 534 -222% Total comprehensive income for the period 30,991 14,143 119% 73,359 59,877 23% 23 Q3 2020 Investor Presentation TeamViewer#24Balance Sheet (unaudited) in EUR thousands Non-current assets Goodwill Intangible assets Property, plant and equipment Financial assets Other assets Deferred tax assets Total non-current assets Current assets Inventories Trade receivables Other assets Tax assets Financial assets Cash and cash equivalents Total current assets Total assets 24 Q3 2020 Investor Presentation 30 September 2020 31 December 2019 647,117 590,445 261,889 235,831 36,353 26,480 5,258 4,424 864 1,740 0 6,266 951,481 865,187 539 0 16,068 11,756 10,245 5,856 0 4,972 1,950 0 52,969 71,153 81,772 93,737 1,033,253 958,924 TeamViewer#25Balance Sheet (cont'd) (unaudited) in EUR thousands Equity Issued capital Capital reserve (Accumulated losses)/retained earnings Hedge reserve Foreign currency translation reserve Total equity attributable to owners of the parent Non-current liabilities Provisions Financial liabilities Deferred revenue Deferred and other liabilities Deferred tax liabilities Total non-current liabilities Current liabilities Provisions Financial liabilities Trade payables Deferred revenue Deferred and other liabilities Other financial liabilities Tax liabilities Total current liabilities Total liabilities Total equity and liabilities 25 Q3 2020 Investor Presentation 30 September 2020 200,000 353,854 (355,793) 31 December 2019 200,000 320,661 (429,881) (76) 428 198,413 0 1,081 91,861 289 235 472,732 568 582,538 2,572 975 0 21,449 308 496,014 585,652 2,118 82,606 3,284 34,260 8,312 9,069 207,255 210,250 35,158 17,793 62 6,642 3,315 114 338,826 281,411 834,840 867,063 1,033,253 958,924 TeamViewer#26Cash Flow Statement (unaudited) in EUR thousands Q3 2020 Q3 2019 9M 2020 9M 2019 Cash flows from operating activities Profit before taxation Depreciation, amortisation and impairment of non-current assets (Gain)/loss from the sale of property, plant and equipment Increase/(decrease) in provisions 54,437 (20,682) 124,130 10,319 9,190 29,641 49,070 27,096 4 (18) 7 (18) 841 806 (137) 669 Non-operational foreign exchange (gains)/ losses Expenses for share-based compensation Net financial result Change in deferred revenue (14,041) 17,423 (17,342) 20,320 12,782 26,188 33,193 27,088 2,068 20,751 15,424 37,825 (11,915) (19,721) (5,116) (61,250) Changes in other net working capital and other 2,784 2,040 5,170 (1,850) Income tax paid (7,040) (4,983) (24,707) (15,245) Interest paid / received other than from financing activities 128 0 94 (18) Net cash from operating activities 50,366 30,994 160,357 83,688 Cash flows from investing activities Capital expenditure for property, plant and equipment and intangible assets (7,686) (218) (22,781) (8,144) Proceeds from the sale of property, plant and equipment 23 18 23 18 Payments for the acquisition of non-current financial assets 0 0 (51) 0 Interest received (151) 131 0 382 Acquisition of subsidiaries (84,053) 0 Net cash used in investing activities (91,867) (69) (84,053) (106,862) (7,744) 26 Q3 2020 Investor Presentation TeamViewer#27Empty#28Disclaimer The use by TeamViewer AG of any MSCI ESG Research LLC or its affiliates ("MSCI") data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of TeamViewer AG by MSCI. MSCI Services and data are the property of MSCI or its information providers, and are provided 'as-is' and without warranty. MSCI names and logos are trademarks or service marks of MSCI. Copyright ©2020 Sustainalytics. All rights reserved. This [publication/article/ section] contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal- disclaimers. Climate Neutrality: TeamViewer compensates its own operations based emissions since 2018 with official certificates provided by Plant-for-the-Planet. 28 Q3 2020 Investor Presentation TeamViewer