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ALTEN Simon Azoulay Chairman and Chief Executive Officer Bruno Benoliel 2018 Annua l re sults Deputy Chief Executive Officer Paris, February 20th 2019 DISCL AIME R This presentation may contain information that may be considered

  1. ALTEN Simon Azoulay Chairman and Chief Executive Officer Bruno Benoliel 2018 Annua l re sults Deputy Chief Executive Officer Paris, February 20th 2019

  2. DISCL AIME R “This presentation may contain information that may be considered forward‐ looking. This information constitutes trends or targets and should not be considered to be a forecast of the Company’s results or any other performance indicator. By its nature, this information is subject to risk and uncertainty, which may be outside the Company’s control in certain cases. A more detailed description of these risks and uncertainties appears in the Company’s Registration Document, available on its website (www.alten.fr). 2017 Revenue and rates associated with such Revenue are hereby published as restated under IFRS 15, unless otherwise specified.”

  3. B USINESS AND HIGHLIGHTS IN 2018

  4. AL T E N, NG & T NG ( E C ) L E ADE R I N E NGI NE E RI E CHNOL OGY CONSUL T I T REVENUE O per. P rofit on A ctivity EMPLOYEES 9.9% du CA +14.4% 33,700 2,269.9 M€ € 224 M I nc luding 29,600 e ngine e r s 88% OF T OT AL HE ADCOUNT I : NT E RNAT IONAL 54.6% o f re ve nue €1,240.0 M: +17,1% ARING : -1.3 % G E F OOT PRINTIN OVE R 25 COUNT RIE S F RANCE : 45.4% o f re ve nue €1,029.9 M: +11,3% 4 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  5. 29,600 E R 25 COUNT NGINE E RS IN OVE RIE S NG 60% OVE I NCL UDI RSE AS Canada North & France Europe South America 10,200 11,250 Excluding France 1,260 1,570 10,130 12,670 Asia / China / India 2,660 3,450 Africa & Middle East 450 660 2017 2018 5 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  6. AL T E N’ S CORE BUSINE SS & SOL UT IONS C OVE RING T HE WHOL E L IF E SPAN OF PROJE CT S Consulting Customer Support PMO Organisation & MCO Implementation Expertise & Operations Core‐Business E NGINEERING E NGINEERING Industrial process Outsourced R&D & Manufacturing Engineering Conception & Design I NFORMATION TECHNOLOGIES I NFORMATION TECHNOLOGIES IS applications & Internal networks IS applications & Internal networks Test & Validation Lean Management & Quality Insurance Certification 6 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  7. ALTEN’ S POSITIONING G ROSS L EVEL P OSITION M ARGIN Random L EVEL 4 IP / High « Capex » / Risk Sharing & long term Workpackages 25% L EVEL 3 (globalisation, work units or fixed‐price Services of projects) value‐added to engineers Technological consulting L EVEL 2 35% and Time & Material L EVEL 1 Staffing ≈ 15% 7 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  8. A WELL ‐ BALANCED SECTOR DISTRIBUTION Aerospace 20.8% 20.8% 16.1% Automotive 20.0% Q4 2017 20.0% Q4 2017 Defence & Security 21.0% 24.7% 24.7% 4.7% 24.8% Q4 2017 24.8% Q4 2017 Rail/Naval 3.7% Media 13.4% 13.4% 6.6% 14.3% Q4 2017 14.3% Q4 2017 Telecoms 6.8% Energy 10.5% Life Sciences 22.9% 22.9% Retail & Services & Public sector 18.2% 18.2% 6.9% 10.9% 22.7% Q4 2017 22.7% Q4 2017 18.2% Q4 2017 18.2% Q4 2017 Banking Finance Insurance Other Industries 7.3% 5.5% 8 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  9. O UR MARKE T S A E Digital transformation (augmented reality, IOT, Big Data, Industry 4.0, etc.) and manufacturing ROSPACE engineering allow to reduce costs and increase production rates with improved quality. Programmes for predictive maintenance ; new generation engines, (Falcon/FX/A320 Neo etc.) development programmes. The sectors of launchers (Ariane 6) and communication satellites are experiencing 16.1% fundamental changes (micro satellites, reduction of launch costs, etc.). A UT OMOT IVE A rapidly expanding market: hybrid and electric vehicles, battery autonomy, autonomous vehicles, infotainment, Big data (design, customer service, predictive maintenance, R&D design). Depending on clients, growth is heterogeneous. 21.0% D E NCE & S E F E CURIT Y Expansion of applications for military drones, strong growth of export markets. Development of European tanks and fighter aircraft, civilian and military cybersecurity. 4.7%  Sharp growth of global rail market R / N AVAL AIL  Digital transformation of flow management, predictive maintenance and industrial IOT  Modernisation and securing of rail system (automation, signals and traffic management, etc.).  Design of ships and submarines of the future 3.7% 9 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  10. O UR MARKE T S E NE RGY Business in the Oil & Gas sector has stabilised? Sharp growth of the nuclear market: EPRs, security, maintenance, extension of the lifespan of nuclear plants. New technologies for exploration and exploration of resources 10.5% L IF E SCIE NCE S The market is sharply growing: ‐ Pharmaceuticals, regulatory affairs, Digital & eHealth, CRO and pharmacovigilance, etc. ‐ Medical equipments 6.9% T E L E COMS Investments in network infrastructures resume with the development of high speed and fiber optic networks. Providers are developing digital services (contents, services, etc.) 6.8% BF I/ S E S / PUBL RVICE IC SE CT OR Cybersecurity, digital transformation, regulatory projects, evolution of Information Systems toward Cloud computing, etc.) 18.2% 10 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  11. C ONT INUE D GROWT H ST RAT E GY T HROUGH ACQUISIT IONS ALTEN has completed ten acquisitions outside France: 3 companies in Germany/Austria (annual revenue: €21.5 M, 255 consultants) 2 companies in Spain (annual revenue: €27.5 M, 570 consultants) 2 companies in Scandinavia (Sweden/Finland) (annual revenue: €18 M, 155 consultants) 1 company in the Netherlands (annual revenue: €6.5 M, 90 consultants) 1 company in China (annual revenue: €7 M, 160 consultants) 1 company in India (annual revenue: €1.3 M, 100 consultants) T hanks to a tar ge te d e xte r nal gr owth, AL T E N pur sue s its de ve lopme nt on an inte r national le ve l. 11 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  12. BRUARY 12 T H , 2019 S HARE R BASE AS OF F HOL DE E % shar e holding C APITALIZATION ( as of 12/02/19) : C APITALIZATION ( as of 12/02/19) : € 3 MM € 3 MM N UMBER OF SHARES (as of 12/02/19) : N UMBER OF SHARES (as of 12/02/19) : 33,830,458 33,830,458 Pub lic F CPE Alte n 83.0% Euronext Paris 0.56% Compartiment A FR 0000071946 ( SRD ) F o unde r % of voting rights 15.07% T re a sury sto c k Founder 26.46% 1.37% FCP ALTEN 0.49% Public 73.05% 12 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  13. e sults 2018 Annual r

  14. 38.3 O NGOING INT E RNAT IONAL GROWT H 2,269.9 1,984.7 * 1,540.9 54.6% 53.4% 48.4% 916.6 * M 30.9% * 436.2 45.4% 46.6% 193.1 * INT 51.6% 27.0% 69.1% 2.5% 73.0% 93.5% FR 2018 2000 2015 2005 2010 2017 * Data is no t re state d unde r I F RS 15 F e b rua ry 20th 2019 l AL T E N - Annua l Re sults 2018

  15. H E ADCOUNT PROGRE SSION 33,700 28,000 29,600 engineers 24,700 engineers 20,433 62.0% 18,000 engineers 58.2% 12,600 50.4% 11,200 engineers INT 34.9% 38.0% 41.8% 49.6% 65.1% FR 2010 2017 2018 2015 F e b rua ry 20th 2019 l AL T E N - Annua l Re sults 2018

  16. G ROWT SS - GROUP H IN BUSINE 2018 r e ve nue YoY c hange € millio n 2017 r e ve nue 1,984.7 2,223.1 Re ve nue on I-f-I basis + 12.0 % Change in sc ope 70.6 + 3.6 % -23.8 - 1.2 % F X impac t + 14.4 % 2,269.9 Consolidate d r e ve nue 1,984.7 Organic growth is strong and accounts for 75% of the Group’s growth. 16 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  17. SS - FRANCE G ROWT H IN BUSINE € millio n 2017 r e ve nue YoY c hange 2018 r e ve nue 925.6 1,029.9 Re ve nue on I-f-I basis + 11.3 % Change in sc ope 925.6 1,029.9 + 11.3 % F r anc e - T OT AL In France, organic growth increased in second half, thus reaching the overall growth of the Group. 17 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  18. SS - INTERNATIONAL G ROWT H IN BUSINE 2018 r e ve nue YoY c hange € millio n 2017 r e ve nue 1,059.1 1,193.2 Re ve nue on I-f-I basis + 12.7 % Change in sc ope 70.6 + 6.7 % - 2.3 % - 23.8 23.8 F X impac t 1,059.1 1,240.0 + 17.1 % Inte r national - T OT AL • Organic growth on an international level is sustained; • In 2018: strong negative FX impact; • External growth accounts for one third of total growth. 18 e b rua ry 20 th 2019 l F 2018 Annua l re sults

  19. P ROGRE H IN 2018 SSION OF ORGANIC GROWT H1 H2 F Y In % Q1 Q2 Q3 Q4 8.4% 14.2% 11.3% F r anc e 7.7% 9.0% 14.3% 14.1% 11.4% 13.9% 12.7% Inte r national 9.3% 13.5% 14.6% 13.3% GROUP 10.0% 14.1% 12.0% 8.5% 11.4% 14.5% 13.7% Gr owth on c onstant 10.7% 12.9% 11.7% 10.2% 11.2% 13.5% 12.1% busine ss days Re state d fr om c onstant busine ss days as c ompar e d to 2017 (-1 busine ss day in H1; +1,4 busine ss day in H2) and F or e x, or ganic gr owth would have r e ac he d 11.7% in 2018. 19 e b rua ry 20 th 2019 l F 2018 Annua l re sults

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