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→ Blue-chip customer base with low single-customer dependency 5 Attractive customer base characterised by low single-customer dependency and sticky customer relationships Customer concentration LOW CUSTOMER CONCENTRATION AND DIVERSIFIED SALES SPLIT COMBINED WITH HIGH RETENTION RATE Sales by region Other Agreement retention²) Share of sales under FWA²) Sweden North America 8% 5%% Top 10 Finland 5% Denmark 6% 8% UK 10% Norway 98.7% 99.4% 100% 99.4% 99.5% Germany 54% II 86.9% 83.2% 83.7% 84.7% 85.0% IIII 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 34% Top 10 share of sales (FY2018) 3 continents; 14 countries Sales generated from a diversified set of countries¹) 100% 85% Average agreement retention historically Average share of sales under FWA historically STABLE AND LONG-TERM RELATIONSHIPS WITH BLUE-CHIP CLIENTS EXAMPLES OF KEY CUSTOMERS Sales 2018 Customer EURM % of total Customer 1 40.3 6.5% Customer 2 29.2 4.7% Customer since >50 years 2004 Scope WDR FDR REC LD MCC Allianz ⑪ ✓ ✓ ✓ ww württembergische Gothaer Ф Pohjola Gjensidige eika. Customer 3 24.0 3.9% >20 years ✓ ✓ Customer 4 20.9 3.4% 2009 Customer 5 20.7 3.3% 2002 ✓ ༨ ༨ ༨ if... SpareBank LOKALTAPIOLA Customer 6 17.2 2.8% 2007 Customer 7 16.2 2.6% >20 years Customer 8 14.6 2.4% 2003 ✓ Customer 9 14.3 2.3% 2006 ✓ VERSICHERUNGS KAMMER BAYERN Fruergape wgv Versicherungen DNB PROVINZIAL FrendeForsikring SV Sparkassen Versicherung Z ZURICH Customer 10 13.8 2.2% >30 years Top 10 211.3 34.1% Topdanmark HDI ERGO AXA Note: 1) Countries where Polygon is present include Germany, UK, Finland, Norway, US, Sweden, Netherlands, Denmark, Austria, France, Canada, Belgium and Singapore, additionally, Polygon also expanded to Switzerland in 2019, 2) Agreement retention and Share of Sales under FWA based on German operations as proxy SUPPORTING MATERIALS | POLYGON 37 Source: Company information

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