Worldline - 2020 Universal Registration Document

DESCRIPTION OF THE GROUP’S BUSINESS Competitive Strengths

Competence Center Mobility

services for retail, shopping and travel, with services focused on messaging, e-Commerce and mobile payment. The Group also operates The Studio in France, which analyses, designs and evaluates interfaces across all channels: web, mobile

The Competence Center Mobility offers clients its innovation skills for the development of applications based on the Group’s Connected Living services. This mobile competence center has delivered a range of mobile applications covering mobile

phones, tablets, televisions, and Terminals.

Competitive Strengths C.2

The payment ecosystem is undergoing considerable change. New entrants, such as Facebook’s Libra, are attempting to disrupt existing models. At the same time 2020 has seen the continuation of major consolidation activity (Worldline/Ingenico, Nexi/SIA/Nets). Regulation is opening up markets and removing certain barriers of entry (PSD2). This means that Worldline competes both against those incumbents with global scale and reach and newer entrants with disruptive business models (Fintech). Worldline believes it has the unique combination to face this competition:

Worldline is the leader for payment services and ● processing in Europe with an expanding global footprint, especially in emerging markets; Worldline’s terminal business is the global leader in the ● terminal market; Worldline has a comprehensive positioning across the ● extended payments value chain; And a leading presence in next-generation payment ● services.

C

A major player in Europe with an expanding global footprint, C.2.1 especially in emerging markets

The Group is Europe’s leading payment service and electronic transaction providers in terms of revenue across its three Global Business Lines and continues to reinforce this European leadership position. In addition to its strong home market position in France, the Group holds leading market positions in Switzerland, in Austria, in Luxembourg, in Belgium, in the Netherlands, in Germany, in Latvia and in Lithuania. Worldline is also one of the main online payment services providers in Europe. The Group’s status as one of Europe’s leading players is coupled with its strong and growing presence in emerging markets such as India, China and certain countries in Latin America, where it benefits from local growth and knowledge. This scale helps the Group to: Drive innovation; ● Be price competitive (thanks to economies of scale); ● To offer payment acceptance and acquisition services on a ● Pan-European scale; and

Attract large multi-national clients looking to outsource ● mission critical payment activities or other digital data processing services. The Group maintains a particularly broad base of customers across Global Business Lines characterized by long-standing and diversified relationships. This positioning provides the Group with a strong platform from which to pursue both organic and inorganic growth opportunities which are expected to arise in the sector. The Group’s track record of successful inorganic growth further underlines its ability to seize such inorganic growth opportunities and consolidate its competitive position and scale. In the past years, Worldline successfully acquired and integrated the following players: Banksys (Belgium), Equens (The Netherlands, Germany, Italy), Paysquare (Germany, the Netherland) Digital River World Payments (USA, Brazil, Sweden), First Data Baltics (Lithuania, Latvia, Estonia), Venture Infotek and MRL Posnet (India), Diamis (France) and entered in a strategic alliance with Komercni Banka (Czech Republic). Most recently with the acquisition of SIX Payment Services in Switzerland, Austria, Luxembourg and Ingenico (Europe and Global), Worldline reinforced its European leadership to become the European World-Class leader in digital payment. These different acquisitions are described in Section A.5.1.

Universal Registration Document 2020

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