WORLDLINE_REGISTRATION_DOCUMENT_2017

E

Financials Operational review

Netherlands recorded revenue of € 194.1 million, growing by +12.6% organically. Financial Services was supported by good business trends, including significant project activity, in Issuing Processing and Account Payments, and Merchant Services benefitted from the double digit revenue growth of PaySquare in the Netherlands. Revenue in Emerging markets was € 156.9 million, up +40.1% organically, as revenue in India grew significantly thanks to the increase in number of transactions processed in Merchant Services, and to a double digit growth in Latin

America (eTicketing and Trusted Digitization contracts) and in Asia-Pacific. The North and South Europe region (Baltic countries, Finland, Spain and Italy) recorded sales of € 137.8 million, +12.4% organically, thanks to strong activity in Financial Services in Southern Europe and in Private Label cards in Spain. Finally, revenue in the United Kingdom reached € 107.9 million, decreasing by -6.2% organically as higher sales of Private Label cards and Loyalty services could not fully compensate less revenue with transport companies in e-Ticketing.

Commercial activity

E.1.7

E.1.7.1

Main signatures of the year

Merchant Services The commercial activity in Merchant Services was dynamic in 2017. In Commercial Acquiring, the Group maintained its market leadership position in Benelux and grew rapidly in Central and Eastern Europe following the acquisition of Paysquare and KB Smartpay in 2016. Also, Worldline India played a crucial role in digitalization drive by deploying a total of c.500,000 net installations of terminals and QR code acceptance. As of December 2017, Worldline was managing about 850,000 POS terminals in addition to 160,000 alternative touch points (QR code) which, beyond their short term contribution to the turn-over of the division are set to generate additional recurring revenues in the future. Other key commercial success for the year included: In acceptance services, the existing contract with Trinity ● Purchasing, a leading company specialized in hospitality purchasing services, was extended to the Nordics: through this new agreement, Worldline will have the opportunity to provide end-to-end payment acceptance services (commercial acquiring, payment terminals, DCC, connected hotel solutions) to 1,200 hotels throughout Europe; In online payment acceptance, Worldline implemented a ● P2P payment acceptance solution for a leading global customer. Worldline also extended its market position in e-acquiring, where its innovative e-Bancontact mobile payments solution has been selected by a major international player in Belgium; Also, the Global Business Line renewed an important long ● term Private Label Cards contract with Whitbread Plc in the UK and a large contract was concluded with Arriva Rail London for the provision of ticketing digital kiosks; Last, fast commercial development is recorded for the newly ● launched VALINA unattended payment terminal.

Financial Services Key commercial successes of Financial Services in 2017 included the renewal or extension of key contracts in the Group’s home markets across Europe. In this respect: The partnership agreement with Santander Consumer Bank ● was extended, for payment services in Poland, which includes a real-time “instalment credit” solution; A major Issuing Processing contract was renewed with a ● Belgium bank for a period of five years; Worldline significantly increased the scope of services ● provided to one of its German clients by signing a contract related to the outsourcing of Swift payment processing; Also, a major Finnish bank decided to consolidate all its ● issuing processing volumes with equensWorldline. In Payment Software Licencing, a new payment licensing contract was concluded with RHB Bank Berhad in Malaysia and a new client was won in Indonesia for issuing Processing services (Lanka Orix Finance Plc). In addition, equensWorldline was particularly involved during the year in the deployment of new payments means or form factors: Belfius bank started its rollout of the HCE Mobile Payment ● solution based on equensWorldline technology and products, enabling the use of Maestro-, Visa- and MasterCard, but also the Belgium local scheme Bancontact with the mobile phone, allowing cardholders to use their Android mobile phone for payments; As PSD2 came into force in January 2018, Worldline won a ● number of contracts for PSD2 compliant secured platform to manage requests to access bank accounts; Instant payment services will be provided to several Dutch ● bank;

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Worldline 2017 Registration Document