COMPANY PRESENTATION INVESTOR RELATIONS DEPARTMENT 1
DISCLAIMER This presentation contains forward-looking statements and information relating to regulation in countries in which the Company and its subsidiaries do business; [Prosegur Compañía de Seguridad, S.A.] (the “Company”) and its subsidiaries acquisitions, investments or divestments which the Company and its subsidiaries that are based on the current beliefs of the Company’s management, key may make in the future; the Company and its subsidiaries capital expenditures expectations and assumptions, as well as information currently available to the plans; their estimated availability of funds; their ability to repay debt with Company and projections of future events as well as assumptions made and estimated future cash flows; security threats worldwide and losses of customer information currently available to the Company. These forward-looking valuables; failure to maintain safe work environments; effects of catastrophes, statements speak only as of the date they are made. These forward-looking natural disasters, adverse weather conditions, unexpected geological or other statements are often, but not always, made through the use of words or phrases physical conditions, or criminal or terrorist acts; public perception of the such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” Company and its subsidiaries businesses and reputation; insufficient insurance coverage and increases in insurance cost; loss of senior management and key “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends,” and similar words or phrases. Other forward-looking statements can be personnel; unauthorized use of the Company’s intellectual property and claims of identified in the context in which the statements are made or by the forward- infringement by the Company or its subsidiaries of others’ intellectual property; looking nature of discussions of strategy, plans or intentions. Such forward- changes in business strategy and various other factors. Should one or more of looking statements, as well as those included in any other material discussed at these risks or uncertainties materialize, or should any other unknown risk occur, any management presentation, reflect the current views of the Company with or should any of the underlying assumptions prove incorrect, actual results may respect to future events and are subject to known and unknown risks, vary materially from those described herein as anticipated, believed, estimated, uncertainties and key assumptions about the Company and its subsidiaries and expected or targeted. investments, including, among other things, the development of their businesses, No one intends, or assumes any obligations, to update or revise these forward- trends in their operating industry, and future capital expenditures. In light of looking statements, whether as a result of new information, future events or these risks, uncertainties and assumptions, the events or circumstances referred otherwise nor to update the reasons why actual results could differ from those to in the forward-looking statements may not occur. None of the future reflected in the forward-looking statements. projections, expectations, estimates or prospects in this presentation should be As a result of these risks, uncertainties and assumptions, you should not place taken as forecasts or promises nor should they be taken as implying any undue reliance on these forward-looking statements as a prediction of actual indication, assurance or guarantee that the assumptions on which such future results or otherwise. projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the Not for general release, publication or distribution, directly or indirectly, in presentation. or into The United States, Canada, Australia or Japan or any other Jurisdiction in which the distribution or release would be unlawful. Many factors could cause the actual results, performance or achievements of the Company and its subsidiaries to be materially different from any future These materials do not constitute an offer to sell, or a solicitation of offers to results, performance or achievements that may be expressed or implied by such purchase or subscribe for any securities in the United States or any other forward-looking statements, including, among others: changes in general jurisdiction. The securities referred to herein have not been, and will not be, economic, political, governmental and business conditions globally and in the registered under the U.S. Securities Act of 1933, as amended, and may not be countries in which the Company and its subsidiaries do business; changes in offered or sold in the United States absent registration or an applicable interest rates; changes in inflation rates; changes in prices; trends affecting the exemption from registration requirements. There is no intention to register any Company and its subsidiaries businesses, financial condition, results of portion of any offering in the United States or to conduct a public offering of operations or cash flows; the impact of current, pending or future legislation and securities in the United States. COMPANY PRESENTATION 2019 2
ONE GROUP, THREE BUSINESSES COMPANY PRESENTATION FY 2019 3
PROSEGUR GROUP Prosegur: a success story Since its foundation in 1976, Prosegur has grown to become one of the undisputable global leaders in the security industry… 3,939 3,783 2,052 2015 2009 2018 2014 Focus on Business Lines 480 1998 Profitability and continual Consolidation of the integrated expansion 2008 model and expansion into Asia- Pacific • Reorganization of structure around business lines vs. • Specialization in Security Solutions Expansion in LatAm & Europe geographies for different client sectors and Increase of services • Initiated Global CyberSecurity • 2011: Entry into Singapore , India portfolio 1976 services business unit and Germany • Focus on Security : disposal of 1997 • 2016: Entry in South Africa FM and Cleaning businesses • 2012: Entry into China • 2017: Prosegur Cash IPO • 2001: Full entry in LatAm and • 2013: Rated BBB Stable by S&P. Foundation and initial Expansion France Issuance of a € 500 million Bond and • 2018: Entry in Central America • Incorporated in 1976 Entry into Australia • Creation of the Technology & Philippines Business Unit • 1980: Entry into Portugal • 2019: Entry in the US • 2008: Entry into Mexico and • 1987: Publicly Listed on Madrid Stock Exchange Colombia • 1995: Initiating activities in LatAm COMPANY PRESENTATION FY 2019 Yearly revenues of last year in the period in €Million 4
PROSEGUR TODAY 25 +170,000 >9,000 COUNTRIES EMPLOYEES ARMORED WORLDWIDE VEHICLES OVER 220 FULLY >100,000 +550,000 ALARM MANAGED INTEGRATED CONNECTIONS ATMS ACQUISITIONS COMPANY PRESENTATION FY 2019 5
A GLOBAL SECURITY COMPANY WITH A LEADERSHIP POSITION IN FOCUS MARKETS WE ARE MARKET LEADERS IN 16 OUT OF OUR 25 GEOGRAPHIES 1 Alarm Position in the market Guarding and Cash in transit & cash Monitoring share ranking technology management GERMANY 1 FRANCE 3 USA PORTUGAL n/a 1 CHINA MEXICO TURKEY 5 SPAIN 3 1 n/a GUATEMALA HONDURAS COSTA RICA INDIA PHILIPPINES NICARAGUA 2 1 COLOMBIA EL SALVADOR 1 SINGAPORE 1 1 PERU BRAZIL 1 1 PARAGUAY 1 URUGUAY CHILE 1 1 AUSTRALIA SOUTH AFRICA ARGENTINA 2 n/a 1 Prosegur Intl’ Player 1 Intl’ Player 2 Intl’ Player 3 Intl’ Player 4 #2 #4 #1 #3 Source: DBK, Aproser and internal sources #3 #1 #2 COMPANY PRESENTATION FY 2019 6
DELIVERING SUPERIOR GROWTH AND SHAREHOLDER RETURNS Figures in €m Market Cap (€m) Revenue (€m) EBIT (€m) +286% +270% +352% CUMULATIVE DIVIDEND 392 DISTRIBUTED 2004-2017: 4,042 4,291 €985m (1) 106 894 1,112 2004 2017 2017 2004 2004 2017 (1) Market Cap as of December 2017 COMPANY PRESENTATION FY 2019 7
ORGANISATIONAL MODEL : “ONE GROUP, THREE BUSINESSES” ONE GROUP, THREE BUSINESSES RATIONALE ▪ Accelerate growth Increase specialization and efficiency ▪ ▪ Simplify the organisation A B C IMPLICATIONS / BENEFITS Publicly listed All businesses have reached the ▪ in 2017 maturity to be managed separately PROSEGUR ▪ Different capital needs and KPIs PROSEGUR PROSEGUR SECURITY CASH ALARMS Customer centric model across ▪ regions Accelerates sharing of best practices ▪ across regions PGA (Financial and support functions) COMPANY PRESENTATION FY 2019 8
A. CASH IS A SUCCESS STORY: A GLOBAL LEADER WITH RESILIENT GROWTH AND STRONG CASH GENERATION SALES* EBIT Margin(%)* Countries / empl. €1,732MM 15,5% 20 / 60,000 *FY18 business figures OUR BUSINESS #2 globally with 14% market share (vs. 7% in 2007) ▪ ▪ #1 in our focus Cash markets (14/20 countries) Leading scale, density and market share ▪ ▪ Outperforming the market (business has grown x4 in € sales in the last 7 years) ▪ Solid fundamentals → already growing in new products and capturing the next “outsourcing wave” OUR OBJECTIVES Continue delivering above-market organic growth at constant ▪ currency ▪ Lead industry consolidation player Lead the third wave of outsourcing (Cash Automation in Client, ▪ IAD, Back Office Management, Branch Teller Staff, etc.) Strong cash generation to fuel Group’s growth ▪ COMPANY PRESENTATION FY 2019 9
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