Investor Presentation

Group key financials The third quarter delivers strongly on both top-line and margins Q3 Q1-Q3 12 Months COMMENTARY EURM 2019 2018 2019 2018 LTM Sales of services 173.0 158.1 490.7 453.4 656.6 Sales grew 9.4% to EUR 173.0 million in Q3, organic growth amounted to 0.8% and acquired growth contributed 8.8% Adjusted EBITDA 21.8 13.6 57.3 38.8 71.6 " The strong third quarter performance precedent year was repeated this year Adjusted EBITDA, % 12.6 8.6 11.7 8.6 10.9 Adjusted EBITA 12.2 10.3 30.5 29.0 41.1 Adjusted EBITA, % 7.1 6.5 6.2 6.4 6.3 Operating profit 10.5 8.1 24.1 21.7 27.7 (EBIT) Operating cash flow 16.9 9.9 12.0 0.4 Net debt 286.9 189.5 286.9 189.5 35.7 286.9 -where of lease 79.6 3.0 79.6 3.0 79.6 liability Full-time employees 4,361 3,723 4,361 3,723 4,361 Adjusted EBITDA in Q3 increased to EUR 21.8m. Increased activities in both newly acquired and existing businesses contributed to this as well as the change in accounting standard During the first three quarters of the year, Polygon made eleven acquisitions, including Nettag in Switzerland (to be closed in Q4), with combined sales of approximately EUR 4.5m Total interest-bearing net debt was EUR 286.9m, of which EUR 79.6m pertained to leases. The Group's liquidity buffer amounted to EUR 41.5m SALES ADJUSTED EBITDA EURM 158.1 165.9 160.0 619.3 157.8 641.7 631.0 173.0 656.6 EURM 13.6 14.3 18.3 17.2 63.4 21.7 71.6 tttttt 594.6 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Sales LTM 51.1 58.4 53.0 Q3-18 Q4-18 Q1-19 Q2-19 Adjusted EBITDA LTM Q3-19 Note: For LTM and YTD calculations please see Reconciliation tables (p. 44-45) Source: Company information CURRENT TRADING | POLYGON 25

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