Sopra Steria - 2020 Universal registration document

5 2020 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Main acquisitions 2.1. Sodifrance – On 16 September 2020, Sopra Steria Group finalised the acquisition of a controlling interest representing 94.03% of the p share capital of Sodifrance, followed by a delisting offer to bring its interest to 100%. Sodifrance is a digital services company with substantial expertise in the insurance and social security sector. The transaction will give Sopra Steria a leadership position in France in these areas.

Sodifrance and its subsidiaries have been consolidated in Sopra Steria’s financial statements from 16 September 2020 onwards.

Based on the current stage of the inventory of assets acquired and liabilities assumed, the Group has identified, valued and recognised customer relationships for €18.0 million. This business is part of the “France” cash-generating unit.

The provisional allocation of goodwill breaks down as follows:

Sodifrance

26 5244276: 7/ .<97:

Total assets acquired Total liabilities assumed

74.7 -72.2

Total net assets acquired/(net liabilities assumed)

2.5

Minority interests Purchase price

-

60.5

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Fidor Solutions – On 31 December 2020, the Group acquired, via its Sopra Banking Software subsidiary, full ownership of Fidor p Solutions’ share capital. Fidor Solutions has developed products and digital services that meet front- and middle-office challenges for digital banking. This acquisition will significantly accelerate the pace of development and marketing of Sopra Banking Software’s digital solutions.

This business is part of the “Sopra Banking Software” cash-generating unit. The net assets of Fidor Solutions (the sum of assets acquired and liabilities assumed) corresponds to the price paid; as such, the

acquisition did not generate any goodwill. This allocation as of 31 December 2020 is provisional.

SAB – On 3 July 2019, Sopra Steria, via its subsidiary Sopra Banking Software, acquired 70% of the share capital of SAB, a group p considered to be one of France’s leading core banking software developers.

SAB and its subsidiaries have been consolidated in Sopra Steria’s financial statements since 3 July 2019. Under the terms of this acquisition, Sopra Banking Software granted SAB’s minority shareholders a put option for their shares, representing the 30% stake not yet owned by the Group. This option was exercised in July 2020 at a value of €37.6 million (see Note 7.5).

Based on the inventory of assets acquired and liabilities assumed, the Group identified, valued and recognised customer relationships for €8.4 million and enterprise software for €9.2 million. This business is part of the “Sopra Banking Software” cash-generating unit.

The allocation of goodwill is now final and breaks down as follows:

SAB 56.9 -49.1

26 5244276: 7/ .<97:

Total assets acquired Total liabilities assumed

Total net assets acquired/(net liabilities assumed)

7.8 2.3

Minority interests Purchase price

70.4

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SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2020