Investor Presentaiton

Reconciliation From Management Key Metrics To IFRS Consolidated Statement of Comprehensive Income 9M 2019, in €m Management View Adjusted P&L Deferred Revenue + D&A + Specific Non-recurring Adjustments Accounting View IFRS P&L 59 Billings/Revenue 224 Cost Of Sales (17) (19) (1) Gross Profit Contribution 207/(92% of Billings) 283 (36) 247/(87% of Revenue) Other Income 16 I I 16 t Sales I (28)/(13% of Billings) (3) (3) | (35)/(12% of Revenue) T + Marketing I (16)/(7% of Billings) (1) (1) I (17)/(6% of Revenue) I R&D (21)/(9% of Billings) I (3) (27)/(9% of Revenue) G&A (27)/(12% of Billings) (35) (2) I Other Expenses (1) I (12) (64)/(23% of Revenue) (12) Cash EBITDA 120/(53% of Billings) D&A (27) I Cash EBIT/Operating Profit 92/(41% of Billings) D&A EBITDA 108/(38% of Revenue) | 27 135 / (48% of Revenue) 1. Including bad debt expense 2. Mainly relates to IFRS 2 adjustment as outlined on page 15 TeamViewer 20

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