Econocom - 2020 annual report

02 group overview group history Group history 1. 1974 Jean-Louis Bouchard founds the Group under the name Europe Computer Systèmes (ECS) in France. 1985 Jean-LouisBouchardsells his stake in ECS France to Société Générale but buys back all the foreign subsidiaries. Meanwhile, he acquires Econocom, an American SME. The subsidiaries and Group are renamed “Econocom”. 1986 Econocom Belgium is listed on the Second Marché of the Brussels Stock Exchange. 1993 Acquires Asystel Belgium, making Econocom Distribution the leading IT distributor in Benelux. 1996 Econocom is listed on the Premier Marché of the Brussels Stock Exchange. 2000 Following the public exchange offer on Infopointgroup, Econocomis listed on the Second Marché of the Paris Bourse. The Groupdiversifiesby establishingEconocom Telecom, anticipating convergence between IT and telecoms. 2001 The Group employs 2,000 people. 2002 Acquires Comdisco-Promodatain France (administrativeand financialmanagement The Group steps up the pace of its development in the telecoms market with the acquisition of Signal Service France, the corporate activity of Avenir Telecom, followed by the corporate division of The Phone House France. of IT assets). 2004/2007

In 2007, the Group doubles its capacity in Italy with the acquisitionof Tecnolease,an Italian company specialising in computer hardwareleasing. 2008 AcquiresDatabail,a FrenchIT infrastructure financing company. 2009 Opens a nearshore remote service facility in Rabat, Morocco. 2010 Econocom acquires ECS from Société Générale and becomes the number one company in Europe in Technology Management & Financing. 2013 Econocom merges with Osiatis group, thus making decisive headway in the digital services market. As a result of this acquisition, Econocom earns almost €2.0billionin proforma revenue, including €650 million in business-to-business digital services. The Group now employs a workforce of more than 8,000 people in 20 countries. 2014 Econocom group issues €175 million worth of bonds convertible into cash and/or new shares and/or exchangeable for existing shares (ORNANE), due to mature in 2019. The proceeds from this issue are used to strengthen Econocom’s financial resources, particularly in the context of its Mutation strategicplan.

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2020 annual report