Azerion SPAC Presentation Deck slide image

Azerion SPAC Presentation Deck

The financial result High growth, increasingly profitable and cash flow positive €127m 2018 azerion 3 STRONG TOP-LINE GROWTH 37%+ Revenue CAGR 2018-20221,2 €173m 2019 4 €195m 20204 €355m+ PF for M&A €290m+ 2021PF 7 €450m+ 2022 % PROFITABLE AND CASH GENERATIVE 14% 2020A adjusted EBITDA margin 54% 2020A cash conversion5 76% Adjusted EBITDA growth 2019-2020A €139m 2021 YTD M&A spend (1) 2022 forecast, refer to slides 38 and 39, Financial targets and objectives. (2) Expected growth between 2018 and 2022, not accounting for any additional 2022 M&A. (3) 2018 based on Dutch GAAP, not fully comparable. (4) Audited IFRS figures. (5) Defined as (Adjusted EBITDA-Capex) / Adjusted EBITDA. M&A investment excluded. (6) Total spend of which <50% cash upfront. Excludes Talpa consolidation. (7) Including full year effect of 2021 acquisitions as if acquired on 1 January 2021. Refer to slide 49, Basis of preparation of statements and financial reporting. 6
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