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Investor Presentation

Polygon continues on the path to excellence Strong numbers across performance metrics as the strategic plan continues to be implemented since last time in the market in February 2018 KEY DEVELOPMENTS STRONG PERFORMANCE FROM PF 2017 TO LTM PF Q3-2019 In 2018 and 2019, Polygon has continued on the four-step strategic journey with step three and four being the main focus areas going forward Sales growth +16.1% EUR 583.5m →→ EUR 677.3m ☐ Growth for the period Jan - Sep 2019 exceeded 8% and the company has maintained stable margins above 8% as well as strong cash conversion at 56.1% Polygon has during 2019 entered the Swiss market through the acquisitions of Alvisa24 and Nettag AG, creating future opportunities for both organic and acquisition driven growth Long term prospects for the market remain stable, with industry trends such as procurement centralisation, customer preference for one-stop shops and digitalisation benefiting large player like Polygon Group EBITDA¹) growth +20.6% EUR 48.5m → EUR 58.5m Note: 1) Group EBITDA as defined in Terms and conditions, 2) Free Cash Flow before growth capex (%) Source: Company information Cash conversion²) 56.1% Organic and M&A driven growth opportunities Switzerland 14th country PROFILE OF THE CLEAR EUROPEAN LEADER POLYGON 14
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