Worldline - 2019 Universal Registration Document

E

FINANCIALS Operational review

OMDA

Reallocation of shared costs between Business Lines according to new structure 2

Exchange rates effects

Internal Transfers

Scope effects +48.9 +30.5

FY 2018

FY 2018 1

(In € million)

Merchant Services Financial Services

132.3 237.1 38.8 -17.1 391.1

-4.2 +2.1 +2.0

-0.4 +0.4

+1.6 +1.1 -1.3

178.2 271.2 39.6 -17.1 471.9

Mobility & e-Transactional Services

Corporate costs

Worldline

+0.0

0.0

+79.3

+1.4

At constant scope and December 2019 YTD average exchange rates. 1 Due to new weight of each Business Line after the acquisition of SIX Payment Services, the shared costs have been reallocated 2 accordingly.

Following the acquisition of SIX payment Services, the ● costs shared between the 3 Business Lines have been reallocated according to the new group profile. Internal transfers refer to: ● The reclassification of the United Kingdom business from ● “Germany, Central & Eastern Europe and UK” to “North & South Europe”; The reclassification of some SPS contracts between ● Financial Services and Merchant Services.

Scope effects correspond to the addition of SIX Payment ● Services revenue and OMDA for the first 11 months of 2018. Exchange rate effects correspond mainly to the ● appreciation of the Swiss Franc partly compensated by depreciation of the Argentinian Peso. The OMDA table above does not include the effect of the ● adoption of IFRS 16. The adoption of IFRS 16 is +170 basis points on the 2019 OMDA. The 2018 figures presented in this operational review are based on the constant scope and foreign exchange rates data.

Revenue profile E.2.5

Following the acquisition of SIX Payment Services end of 2018, Merchant Services is now the largest Global Business Line of the Group, representing 47% of the total revenue:

Revenue

DEC YTD 2019

% of Total

Dec YTD 2018*

(In € million)

Merchant Services Financial Services

1,119.4 918.4 343.8 2,381.6

1,050.5

+47.0% +38.6% +14.4%

867.4 310.2

Mobility & e-Transactional Services

Worldline

2,228.1

+100.0%

At constant scope and Dec 2019 YTD average exchange rates. *

224

Universal Registration Document 2019