Worldline - Registration Document 2016

9

Operation and financial review Performance by Global Business Line

OMDA

business division and more authentication volumes in the thanks to authorizations volume growth in the Acquiring

Issuing business line, as well as some early synergies.

( € 130.6 million ), +160 basis points compared to 2015, mainly Financial Services reached an OMDA of 26.1%

Mobility & e-Transactional Services

9.7.3

Mobility & e-Transactional Services

FY 2016

FY 2015*

% Growth

(in € million)

Revenue

369.6

378.9

-2.5%

OMDA

51.5

61.8

% OMDA

13.9%

16.3%

-2.4 pt

At constant scope and 2016 exchange rates. *

Revenue

from the Renault contract and in Germany; Connected Living, with notably more revenue in France ● dynamic on its two main markets: To a strong growth in e-Ticketing, benefiting from good ● was rolled out for several customers, The UK, where the new Onboard Ticketing solution (MTIS) ● ramp-up and price increases. Latin America, where Worldline benefited from volumes ●

Mobility & e-Transactional Services revenue reached 2015. e-Government Collection was impacted by the termination € 369.6 million declining by €-9.4 million or -2.5% compared to RADAR contract) in France in June 2016 and by the VOSA of both the automated traffic offence management system (the 2015 and therefore affected the comparison basis for the first contract in the UK public sector, which occurred at end of Q3 MeTS would have exceeded +15% in 2016. This performance three quarters of the year. Excluding that effect, the growth of could be achieved thanks: Collection, particularly in Argentina with healthcare To double digit growth recorded in e-Government ● France, with more revenue from various projects with transactional services and Tax Collection activities and in French and European government agencies; To a double digit growth in e-Consumer & Mobility explained ● by: such as Numericable, Cdiscount contract and the ramp-up of other contracts Contact activities in France, with the full-year impact of ●

OMDA

points . The profitability of the Global Business Line was indeed € 51.5 million or 13.9% of revenue, decreasing by -240 basis which were partly substituted by new business consisting of impacted by the end of two mature contracts (RADAR & VOSA), Mobility & e-Transactional Services OMDA reached temporary lower profitability. project activities and ramping-up volumes with, as usual, a

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Worldline 2016 Registration Document