Worldline - 2019 Universal Registration Document

E

FINANCIALS Parent company financial statements

Other information Note 19

AVERAGEWORKFORCE PER CATEGORY

December 31, 2019

December 31, 2018

2,202

Engineers and managerial staff

2,046

478

Employees, technicians and supervisory staff

410

Total average workforce

2,680

2,456

Cost of Key management personnel of the Group In 2019, the expenses related to key management personnel included: Those related to the Worldline Chief Executive Officer in ● accordance with the agreement entered into with Atos in relation to his dedication and remuneration until January 31, 2019 and for the entire part as from February 1, 2019; The expense related to the Deputy Chief Executive Officer; ● Creation of a new world-class leader in payment services: Worldline to acquire Ingenico Worldline and Ingenico Group SA have announced on February 3, 2020 that their respective Boards of Directors have unanimously approved a business combination agreement pursuant to which Worldline would launch a tender offer for all Ingenico shares, consisting of a 81% share and 19% cash transaction, as of last closing prices, as well as outstanding OCEANEs. Upon closing, former Worldline shareholders would own c.65% of the combined entity and former Ingenico shareholders would own c.35%. This transaction would combine two premier companies to create the world’s number four player in payment services with Subsequent events Note 20

No cost was recorded in relation to the remuneration of the Chairman of the Board of Directors. These expenses amounted to € 3.2 million. Directors' fees expense amounted to € 0.1 million.

circa 20,000 employees in approximately 50 countries with physical presence. Upon closing, the new combined group would offer best-in-class payment services to nearly 1 million merchants and 1,200 financial institutions. The transaction will be subject to customary closing conditions, including regulatory, merger control clearances and information and/or consultation with employee representative bodies, as well as Worldline shareholders’ approval. It is expected that the tender offer will be filed with the AMF in June or July 2020, once regulatory and merger control clearances processes are in progress. For more information, in particular related to the terms of the offer, please refer to the press release available at worldline.com in the Investors section.

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Universal Registration Document 2019