Worldline - Registration Document 2016

Group Information Investments

Investments in shared infrastructure. The Group invested ● a total of € 42.7 million over the period 2015-2016 in shared infrastructure – infrastructure that is not dedicated to a single client – which consists principally of network equipment and servers;

Investments in infrastructure dedicated to specific clients. ● The Group invested a total of € 17.4 million over the period 2015-2016 in dedicated equipment for specific clients (principally dedicated servers and terminals leased to clients).

The following table shows capital expenditures (purchases of tangible and intangible assets) by type of expenditure for the periods indicated.

12 months ended December 31, 2016

12 months ended December 31, 2015

(in € million)

Capitalized production Development of new software platforms Development of software for specific customers

34.3 10.4

38.4

2.7 2.0

IT Platform

0.7

Total capitalized production

45.4

43.1

Other purchases of tangible and intangible assets Shared infrastructure

27.3

15.4

Dedicated infrastructure

9.8 0.8

7.6 2.5

Other

Total other purchases of tangible and intangible assets

37.9 83.3

25.5 68.6

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Total capital expenditures (purchases of tangible and intangible assets)

Gross Financial Investments

Between 2015 and 2016, the Group’s cumulative gross financial investments (amounts paid for financial assets) amounted to

€ 142.8 million, corresponding to the acquisition of 100% of Paysquare and 80% of Cataps s.r.o. (KB SmartPay).

Principal Investments Currently Underway and Planned

5.2.2

The Group estimates that its capital expenditures in 2017 for maintaining and upgrading its IT equipment and its software platforms should increase in absolute value compared with 2016, reflecting the enlarged scope of the Company. Including the investment derived from the Equens integration plan, the Group expects its average annual level of capital

expenditure to be above 6% of revenue in the short term and between 5% and 6% of revenue in the medium term. The Group self-finances the investments currently underway, and does not use financial borrowing.

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Worldline 2016 Registration Document