Worldline - 2019 Universal Registration Document

C

WORLDLINE Property Plant and Equipment

Property Plant and Equipment C.11

Significant existing or planned property, plant and equipment C.11.1

As of December 31, 2019, the Group held property, plant and equipment with a total net value of approximately € 143.9 million, consisting mainly of the equipment (particularly information technology equipment) used in its production centers, more specifically its data centers. The Group leases almost all of its property & plant while IT equipment is generally purchased. Property, plant and equipment held or leased by the Group consists primarily of the following: Administrative buildings and offices for the Group’s ● administrative and commercial needs, in all of the countries in which the Group operates. The principal sites leased are located in France (in particular the Seclin site where its biggest operational unit is based as well as the Bezons site, where the Company has its registered office), in Belgium with over 1000 employees, in Switzerland, in the Netherlands, in Italy, in Germany, in Luxembourg, in Poland, in Austria, and in the United Kingdom; The Group’s principal data centers are located in France (at ● its Seclin site) as well as at its Vendôme only owned building site, in Belgium (at its Brussels site), in the Netherlands (at its Amsterdam site), in Italy (at its Pero and Settimo sites), in Luxembourg and in Germany (at its Frankfurt site). In Spain and the United Kingdom the Group is buying some infrastructures services from Atos.

In Switzerland the Group is buying infrastructures services from SIX Group. Certain sites in Belgium are sub-leased by Worldline PropCo SA to Worldline NV/SA (Belgium) in connection with a long-term lease between Worldline PropCo SA and Immo Haecht 1442, which owns the Group’s principal real property located in Belgium. The Group also rents, from third parties connected with its own data centers, four European telecommunications centers (located in France, Belgium and Germany). Lastly, the Group leases buildings and data centers in the emerging countries in which it operates, including India (with an important local business operation center based in Mumbai) and Argentina, as well as in other European countries including the Baltics; Technical data center infrastructure, furniture, equipment ● (primarily information technology equipment) and data center servers, which the Group owns through its local subsidiaries; Assembly plant in the United Kingdom for the manufacture ● of kiosks and large terminal preparation site in Brussels and Luxemburg. The Group believes that the usage rate of its various tangible fixed assets is consistent with its activity and projected growth, as well as with its current and planned investments.

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Universal Registration Document 2019