#1Wirecard AG - Investor Presentation Results 3rd Quarter of Fiscal 2011 00 ΤΟ Ο HON Nootor O Poo TOTTHON ܘܘܕ Ad 1000 NOTONOT T 201 O 3000 NOONONHAL OTOTOTT HANOM 0000 O10 ܝ ܢܘܘ ܘܢܢܝܢܝ OF OP SONTOONON SPO HOHO NOONG I AAHANNOOOHOHOH T OOOHOHOHO DOHOHOHO орого нонс PPF Ť wirecard OOOH OHOOF OHG O 2000000 00000000000 T TI O Į JOHOLOSOPH T HOTOO#2Agenda 1 2 3 Results, Company and Stock Growth Drivers and Trends 2011 Financial Data 2011 Wirecard AG wirecard 2#3Key Figures 9 Months Results of Fiscal 2011/2010 Results Outlook 2011 ■ 2011 Wirecard AG Revenues ▪ EBITDA ■ EBITDA ■ without one-offs Earnings after taxes Cash flow from operating activities* * Cash flow from operating activities (adjusted for transaction volumes of a transitory nature) EUR mn EUR mn EUR mn EUR mn EUR 9M/2011 232.4 58.6 63.8 42.3 44.1 wirecard 9M/2010 Change in % 194.7 52.7 52.7 40.5 38.5 Guidance range narrowed: EBITDA between 83 and 89 million euros (instead of 81 to 89 million euros) +19% +11% + 21% +4% +15% 3#4The Company Key Figures wirecard > 12,000 corporate customers from various industries <500 employees 120 transaction currencies 85 payment and risk management solutions. 11.2 billion euros in transaction volume as at September 30, 2011 2011 Wirecard AG 4#5The Company Highlights of the last 9 months 2011 ■ ■ ■ ■ ▪ New features/enhancement of product lines services, e.g. launch of adjusted mywirecard.com- platform, white-label solution for co-branded cards Acquisiton of Procard (Dubai) as a new hub in the Middle East region. Key Asian alliances with China Union Pay and Alipay - new Asian customer relationships based on China Union Pay online payment service ■ wirecard Unchanged positive development on new customer gains, such as Berner Group, QVC Italy, SISTIC, airberlin, MEDION, BAUKING, Lekkerland Online. Sustainable cross- and up-selling of products and services into existing customer base, such as Villeroy & Boch Strategic alliance between Wirecard and Rate PAY -Wirecard customers can approach new client groups with installment payments 2011 Wirecard AG 01 5#6Products and solutions Wirecard Group's services Online payment services Acquiring services Payment acceptance Risk and fraud management Issuing Banking services Point-of-Sale (POS) Call center VISA 2011 Wirecard AG MasterCard Support of all major global payment methods Wirecard Bank is a Member of Visa, MasterCard, licensed acquirer for Discover/Diners, China Union Pay, JCB Collection of a variety of alternative payment solutions such as: eps, giropay, iDEAL, Alipay Consumer identification and credit rating, strategy management & decision- making solutions including fraud prevention, business intelligence Prepaid cards as payout solutions, Co-branding cards, virtual or physical Forex management services, corporate and private bank accounts Support of all (!) sales channels, including stationary retail stores Operation of own call center facility, 24/7 in 16 languages Maestro SEPA ELV eps Online-Überweisung Single Euro Payments Area Diners Club International DEAL giro pay SOLD sofort überweisung.de PayPal wirecard girocard wirecard DISCOVER paysafecard pay cash, paysafe. UATP AirPlus INTERNATIONAL Cash- Ticket UnionPay ER EX 6#7Products and solutions How to connect - implementation options Wirecard offers Merchants a wide range of options to connect to its platform: Hosted Payment Page Virtual Terminal ■ ■ ■ POS Terminal ▪ Real time Payment & Risk Transaction Processing, Application Programming Interfaces (APIs)/ Software Development Kits ▪ Batch Processing APIs ▪ Reconciliation / Reporting Files and Data Feeds in various file formats Standardized sector-independent shop systems solutions ("shop plugins") ▪ "End-to-end" and readily usable industry solutions in cooperation with leading industry-specific service providers for various industries Sabre 0 Magento Open Source eCommerce trust INTERNATIONAL 2011 Wirecard AG MONDO Shop clever verkaufen AirKiosk™ the Internet reservations system and kiosk AMADEUS Your technology partner Web e.pages xt:Commerce® Xanario VirtueMart Mart shopsoftware osCommerce TYPO3 COMMERCETOOLS OXID esales SITA Specialists in air transport communications and IT solutions wirecard Samrat IATA Shopsystem & Warenwirtschaft POWERGAP COSMOSHOP internet shopsysteme 7#8The Company USPS A particular unique selling point of the Wirecard Group is the centralization of payment transactions from many different distribution and procurement channels on a single platform Combination of software technology and bank products ■ wirecard ▪ International orientation - a single platform for all services ▪ Centralization of payment transactions from many and different distribution and procurement channels to a single platform ▪ Online-oriented acquiring bank in the Group (e.g. in 18 payout currencies) . Continuing expansion of payment acceptance services (e.g. China Union Pay) Innovative software-based banking products (SCP-virtual credit cards, payout cards, co-branded cards) ■ 2011 Wirecard AG 8#9The Company Diversified Customer Portfolio - Various Industries. After 9 months 2011 the transaction volume* amounted to EUR 11.2 billion (+23% yoy) and is allocated as at the end of the 3rd quarter 2011 to the individual target industry segments as follows: Transaction Volumes CONSUMER GOODS MAIL ORDER/TV SHOPPING BRICK AND MORTAR SHOPS DIRECT SALES / DISTRIBUTION 2011 Wirecard AG 42.4% 26.0% 31.6% * Transaction volumes namely acceptance and issuing means of payment along with associated value added services wirecard TRAVEL & TOURISM AIRLINES HOTELS TRAVEL SITES TRAVEL AGENTS DIGITAL GOODS DOWNLOADS (MUSIC / SOFTWARE) GAMES COMMUNITIES SPORTS BETTING POKER / CASINO 9#10Wirecard Stock Stock Performance YTD 2011 130 120 110 100 90 80 70 % www. twypry And mi January February 2011 Wirecard AG March April May June July Q3 الناس الرسال пора August September October wirecard Wirecard AG, indexed TecDAX, indexed ISIN WKN Ticker Symbol Market Segment Index Number of Shares Year High 2011 Year Low 2011 Closing Price (Xetra) November 15th, 2011 Market Cap. DE0007472060 747206 WDI Prime Standard TecDAX 101,803,139 EUR 13.28 EUR 9.43 EUR 11.52 EUR bn 1.17 10#11Wirecard Stock Shareholder Structure | November 2011 2011 Wirecard AG *92.40% Freefloat MB Beteiligungsgesellschaft mbH 7.6% (DE) *Jupiter Asset Management Limited 6.26 % (UK) *Alken Fund SICAV 5 % (LU) *Wasatch Holdings Inc. 3.1 % (US) wirecard *Columbia Wanger AM LLC 3.08% (US) *Ameriprise Financial, Inc. 3.04 % (US) *Free float in accordance with Deutsche Boerse regulations 11#12Agenda 1 2 3 Results, Company and Stock Growth Drivers and Trends 2011 Financial Data 2011 Wirecard AG wirecard 12#13Growth drivers The Internet has established itself as a key distribution channel In 2011 Europe's eCommerce market will continue to record a 13% growth (based on the outlook for the individual target sectors) wirecard ▪ Consumer goods: two-digit growth yoy by ~10% 2010 to 2015 (EU-17 states) (Forrester 2011) ▪ Online retail in Germany to grow by 15.5% in 2011 (bvh 2011) In 2011 a 9%-growth rate predicted for the European Online Travel market (PhoCusWright 2010) Streaming media business: world annual growth rate of 27% expected by 2014 (Insight Research Corp. 2010) ■ ■ 2011 Wirecard AG 13#14Wirecard Strategy Key operative measures To continue Extension of new customer relationships / Cross-/ Up-Selling potential within existing customer portfolio strategy 2011 Wirecard AG wirecard ▪ Evolutionary expansion of customer relationships by providing new payment and risk management solutions ▪ To continually add international payment acceptances (e.g. China Union Pay), additional banking services (e.g. SEPA direct debit, currency management) Innovative bank based prepaid card products (SCP, Co-Branded Cards) ■ New potentials Based on additional partnerships in Europe and Asia Expansion of Asian business ▪ Wirecard AG as European partner for merchants with global reach Extension of prepaid card business within Europe 14#15Products and solutions Card issuing platform - support for multiple card types Consumer Payment Cards Easy and flexible Own branded card solutions mywirecard 2go Visa (plastic) Mywirecard MasterCard (virtual) mywirecard.com mywirecard 4824 4000 0000 0000 4824 MEINE KARTE 12/12 2011 Wirecard AG VISA Co-branded consumer payment cards Loyality by bonus Co-Branded card solutions White labeling platform for partner companies Plastic and virtual cards BONAYOU BONAYOU--- 41600700 0000 0000 00:00 BONAYOU GUTSCHERKARTE Closed loop card solutions Card solutions in accordance with the EU e-money guideline E-money gift cards For retailers and online merchants based on existing acceptance networks Von Herzen wirecard MAYM B2B card solutions Standardized real time payments worldwide Supplier and Commission Payments (SCP) Virtual prepaid cards used on the internet Payout cards Plastic prepaid cards Payout employees, affiliates etc. worldwide 4326 80 326 SINCE 2008 15#16Agenda 1 2 3 Results, Company and Stock Growth Drivers and Trends 2011 Financial Data 2011 Wirecard AG wirecard 16#17Financial Data Key Figures 9 Months 2010/2011 ** in TEUR Revenues EBITDA EBIT Taxes Profit after Taxes EPS* Operating Cash flow* Shareholders' Equity Total Equity and Liabilities Employees - annual average thereof full-time employees thereof part-time employees Earnings per share in EUR (diluted) Cash flow from operating activities (adjusted for transaction volumes of a transitory nature) 2011 Wirecard AG 9M/2011 232,369 58,578 52,730 9,304 42,313 0.42 44,117 321,977 598,079 479 351 128 wirecard 9M/2010 194,704 52,704 48,522 7,513 40,548 0.40 38,493 276,365 516,375 495 367 128 17#18Financial Data Revenues, Costs and EBITDA Growth 3rd Quarter 2010/2011 in TEUR 100,000 80,000 60,000 40,000 20,000 0,000 70,859 2011 Wirecard AG +19.2% 84,497 Revenues +18.5% 51,701 61,268 Cost of materials Incr./Decr. of invent. and own work capitalized Personnel expenses Other operating expenses Other operating income Q3 2010 wirecard 19,158 ■Q3 2011 +21.2% 23,229 EBITDA 18#19Financial Data Consolidated Income Statement 3rd Quarter 2010/2011 in TEUR Revenues Own work capitalized Cost of materials Personnel expenses Other operating expenses Other operating income EBITDA Depreciation EBIT Financial results Income tax Profit after taxes Diluted earnings per share 2011 Wirecard AG Q3/2011 of Sales 84,497 1,836 (49,859) (59%) (6,717) (8%) (6,923) (8%) 0,395 23,229 27.5% (2,310) (3%) 20,919 24.8% (1,079) (3,134) 16,706 0.16 wirecard of Sales Q3/2010 70,859 1,625 (40,638) (57%) (7,047) (10%) (6,109) (9%) 0,468 19,158 27.0% (1,502) (2%) 17,656 24.9% (139) (3,744) 13,773 0.14 19#20Financial Data Financial comments 9 Months 2011/2010 Income tax expenses 2010/2011 in TEUR Earnings before taxes Taxes on income and profit thereof impact from deferred taxes from other deferred taxes there of actual income taxes 2011 Wirecard AG 9M/2011 51,617 9,304 0,097 9,207 in % of profit before taxes 18.0% 17.8% 9M/2010 48,061 7,513 2,582 4,931 wirecard in % of profit before taxes 15.6% 10.3% 20#21Financial Data Balance Sheet as of September 30th, 2011 / Dec. 31, 2010 ASSETS NON-CURRENT ASSETS - Goodwill - Deferred tax assets - Self-provided intangible assets - Other intangible assets Customer-relationships - Other assets CURRENT ASSETS - Trade receivables - Cash and cash equivalents - Interest-bearing securities - Other Total ASSETS in TEUR 2011 Wirecard AG 09/30/2011 12/31/2010 241,102 111,851 1,438 20,289 16,976 61,920 28,628 356,977 159,602 184,489 9,000 3,886 598,079 EQUITY AND LIABILITIES SHAREHOLDERS' 235,224 EQUITY 101,340 LIABILITIES - Current provisions - Tax provisions - Trade payables 1,205 16,901 13,050 62,451 40,277 314,635 - Other liabilities 118,741 185,355 10,000 0,539 549,859 Interest-bearing bank loans Deferred income taxes - Customer deposits wirecard Total EQUITY and LIABILITIES 09/30/2011 12/31/2010 321,977 276,102 1,195 7,292 114,052 37,082 6,914 10,967 98,600 598,079 289,844 260,015 1,652 3,733 98,444 22,001 6,584 8,856 118,745 549,859 21#22Disclaimer This presentation contains explicit and implicit forward-looking statements concerning Wirecard AG, its affiliated companies and their business. These statements are subject to various known and unknown risks, uncertainties and other factors due to which the actual events, financial conditions, performances and achievements of Wirecard AG may differ substantially from those expressed in such explicit or implicit statements. Wirecard AG makes these statements at the time of the publication of the presentation and is under no obligation to update the forward-looking statements in this presentation including on receipt of new information or on occurrence of future events or for other reasons. However, Wirecard AG, may change in its own free discretion any forward-looking statements should relevant factors change. The forward-looking statements from third parties' surveys, in particular without being limited to research reports and analysts' statements, may prove to be incorrect. Reference to such third parties' surveys is provided for information only and does not imply any agreement with or consent to the content of such surveys or the information, opinions or conclusions contained therein. Wirecard AG accepts no liability for the selection, completeness or correctness of third parties' studies. wirecard This presentation is no offer for the sale and no invitation for offers of purchase or for subscription to of shares of Wirecard AG but is provided for information only. Financial data (IAS/IFRS) refers to the Reports of Wirecard AG published on our website: http://www.wirecard.com/investor-relations Numbers and percentages presented throughout this presentation may not add up exactly to the totals or absolute figures provided due to rounding. 2011 Wirecard AG 22#23ΤΟ Contact Wirecard AG Einsteinring 35 Investor Relations Iris Stöckl 85609 Aschheim / Munich Germany COTTHOT CT: +49 DOTONOT N SHO [email protected] 49 (0) 89 4424 1424 HANOM OTOTOTI PHONGHA O HOOOOOO 00 1000010 Hoooo HONHO Doo OHHHAHAHA HH H AAAAA I HOTOHOOO Hoogo 0000000000 T PHY DOPOHOHOHO DOHOHOHO P нонс орого Ť wirecard O T TI OOOH OH OHC O T Į JOHOLOSOPH HOTOO