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Investor Presentaiton

Leverage Overview of Current Capital Structure (€m) FY 18 LTM Q3 19 Cash And Cash Equivalents (81) (27) Financial Debt 676 621 Refinancing in September with 613m nominal debt (USD, EUR and GBP) and 4.2% weighted interest Capitalised operating leases from IFRS 16 amount to ~€8m in 2019 Clear deleveraging target to ~3.0x Net Debt / Cash EBITDA by FYE 2019 Net Financial Debt 595 595 × Net Debt/Cash EBITDA 4.9 x 3.7x Aiming to reduce leverage to <2.0x by 2020 TeamViewer 12
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