Fiscal year 2019

Annual press conference

Ralf Wintergerst, Group CEO

Dr. Peter Zattler, Group CFO

Challengesat present due tocoronavirus pandemic

Coronavirus

Continuity in business operations largely ensured

Preventive measures to delay the spread of the

disease

Focus is on protecting employees, partners, and

customers

BUSINESSPEOPLE MEASURES

Very positive business performance in 2019

Record year for G+D through growth in digital business

Half of growth coming from digital

business models

Positive earnings contribution from all

business sectors

G+D achieves highest sales in the company’s history

+SALES +EARNINGS +DIGITAL

G+D increases sales by 9%to €2.45 billion

Sales

in € billion2.25 2.45

+9%

2018 2019

EBIT* rises to €148 million (24%)

Earnings

in € million120 148

+24%

*EBIT adjusted2018 2019

Business portfolio

Our four playing fields

Payments Connectivity Digital infrastructure

Identities

Portfolio development

Strong growth in solutions & services business

SALES GROWTH THROUGH

SOLUTIONS & SERVICES+33%

Digital business is driving G+D’s growth

Digital business models

GROWTH WITH DIGITAL BUSINESS

GROWTH WITH EXISTING BUSINESS50%

50%

Sales increase 2019: €201 million

Increasing share of software solutions

Growing trend towards digital identity solutions

Secure data transmission in healthcare

eSIM platform business & secure operating systems

Digitalization

Examples of digital solutionsin G+D‘s four playing fields

Annual results 2019

Dr. Peter Zattler, Group CFO

G+D Group with four business sectors

Group structure

Business sectors

Sales rise by €200 million

2019 2018 Δ absolute Δ in %

7 %

1 %

29 %

39 %

15 %

9 %

73

9

52

64

4

~200

1,132

877

232

227

-20

~2,450

1,059

868

180

163

-24

~2,250

Currency Technology

Mobile Security

Veridos

secunet

Consolidation

Total

in € million

Profit & loss 2019

EBIT increases by 24%

Net sales

Gross profit

Gross margin (% of sales)

Selling, R&D and general administrative expenses

Other operating income and expenses

Financial result

EBIT (adjusted)

Adjustments

EBIT

2019 2018 Δ absolute

201

40

0 pp

-23

-15

27

28

1

29

2,246

613

27%

(493)

13

(14)

120

(17)

103

2,447

653

27%

(516)

(2)

13

148

(16)

132

in € million, figures rounded

+24%

+29%

Net income significantly higherthan previous year (+60%)

Net income

in € million50 80

+60%

2018 2019

Employees

Additional employeesin Germany and around the world

2019 2018 Δ absolute

Currency Technology

Mobile Security

Veridos

secunet

Corporate Center (incl. advance52, G+D Ventures)

Total

in Germany

in other countries

4,798

5,241

507

616

348

11,510

4,154

7,356

4,757

5,355

405

550

322

11,389

4,111

7,278

41

-115

102

66

26

120

43

78

FTE, figures rounded

Capital expenditure

Increased capital expenditure on manufacturing technology and IT

2019 2018 Δ absolute

Group sales

Capital expenditure

of which property, plant and equipment

of which intangible assets

Scheduled depreciation

2,447

122

89

33

107

2,246

108

78

29

103

201

14

11

4

4

in € million, figures rounded

Investments

New investments & acquisitions

12%

Research & Development

R&D expenditure on consistently high level

2019 2018 Δ absolute

5

0

0

-2

0

1,151

10%

155

111

5%

1,146

10%

155

113

5%

Number of R&D employees FTE

Share of total headcount in %

Spending on R&D in € million

of which pure R&D expenditure in € million

R&D ratio as % of sales

Figures rounded

Balance sheet

Equity ratio remains stable

Assets

Current assets

Non-current assets

of which property, plant and equipment

of which intangible assets

Liabilities and equity

Current liabilities

of which current financial liabilities

Non-current liabilities

of which non-current financial liabilities

Equity

2019 2018 2019

% of balance sheet total

2,756

1,775

981

533

177

2,756

1,048

63

1,202

419

506

2,492

1,654

838

463

150

2,492

929

63

1,074

444

490

64%

36%

19%

6%

38%

0%

44%

15%

18%

in € million, figures rounded

Free cash flow remainsconstant at a high level

Free cash flow

in € million72 70

-3%

2018 2019

G+D has excellentfinancial liquidity

Summary

429 439

+10

Cash &

cash equivalents

in € million

2018 2019

Giesecke+Devrient annual press conference

Outlook

Outlook for 2020

Robust portfolio, demand largely stable

Good starting position due to large number of

projects won

Customer demand remains at a good level

Impact of coronavirus on 2020 results not yet

quantifiable

CORONA SALES PROJECTS

Further acceleration of G+D’s portfolio

development

PORTFOLIO

Giesecke+Devrient annual press conference

Q&ARalf Wintergerst, Group CEO

Dr. Peter Zattler, Group CFO

Giesecke+Devrient annual press conference

Thank you.