AXWAY_REGISTRATION_DOCUMENT_2017

AXWAY GROUP AND ITS BUSINESS ACTIVITIES

CORPORATE RESPONSIBILITY

CORPORATE GOVERNANCE

CONSOLIDATED FINANCIAL STATEMENTS

2017 ANNUAL FINANCIAL STATEMENTS

CAPITAL AND AXWAY SOFTWARE STOCK

INFORMATIONS ADMINISTRATIVES ETbJURIDIQUES

COMBINED GENERAL MEETING OFb6bJUNEb2018

Strategy and activities

1.3 Strategy and activities

1.3.1 General information Axway is a publisher of enterprise software for digital transformation, facilitating new and dynamic interactions across extended ecosystems of medium and large commercial enterprises or governments. With revenue of €299,8Ǿmillion at 31ǾDecember 2017, 1,839Ǿemployees, a global presence in the United States (its first market), Europe (with a leadership position in France), and in Asia Pacific region.

Axway revenue is broken down into License, Cloud, Maintenance, and Services. From now on, Axway will report the Cloud business line, which grew organically +14.4% inǾ2017, showing the progressive transition of the revenue distribution in favor of recurring revenue, which accounted for 61% inǾ2017 vs 54% inǾ2016.

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Analysis by type of activity

Revenue inǾ2017: €299.8 million

Revenue inǾ2016: €301.1 million

Cloud 13%

26% Services

22%

47% Maintenance

Licenses

of which cloud +26.6% growth 27% Licenses

48% Maintenance

17% Services

Analysis by location

Revenue inǾ2017: €299.8 million

Revenue inǾ2016: €301.1 million

5% $VLH 3DFLͤF

5% $VLD 3DFLͤF

28% France

31% France

43% Americas

41% Americas

24% Rest of Europe

23% Rest of Europe

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AXWAY - 2017 REGISTRATION DOCUMENT