Company profile DASSAULT SYSTEMES

(AOF) –

= / Key points / =

– Software publishing company created in 1981;

– Turnover of € 4.5 billion, generated 37% in Europe, 38% in the Americas and 25% in Asia;

– Activity split between industrial innovation for 51%, mainstream innovation for 21%, life sciences for 18% and services for 10%;

– Business model based on the 3DEXPERIENCE virtual platform of several software programs useful to customers in their search for sustainable innovations harmonizing product, nature and life, with 3 key sectors – manufacturing industries, life sciences & health and infrastructure & cities;

– Capital controlled at 40.39% (54.45% of the voting rights) by the Dassault family, 6% (8.06%) by Charles Edelstenne, chairman of the board of directors of 12 members, and 1.62% (2.07%) by Bernard Charlès, managing director;

– Healthy balance sheet, with debt reduced to € 2.7 billion and liquidity of € 2.14 billion.

= / Issues / =

– Human Industry Experience strategy aimed at strengthening leadership in manufacturing industries, infrastructure and cities, then life sciences and health:

– capitalization on the 13 major brands of the group -ENOVIA, 3DEXCITE, CENTRIC PLM for collaboration applications, SOLIDWORKS, CATIA, GEOVIA, BIOVIA for 3D modeling, 3DVIA, DELMIA, SIMULIA for simulations and NETVIBES, EXALEAD, MEDIDATA for information intelligence, and the new 3D EXPERIENCE WORKS for SMEs,

– offer focused on 11 economic sectors and 12 geographic areas,

– financial objective of 13% annual growth in earnings per share between 2020 and 2024, or € 6;

– Innovation strategy supported by R&D of 935 M € with 12 technological portfolios:

– 3DEXPERIENCE Lab, open innovation laboratory supporting breakthrough innovation offers in the prototype phase and carried by start-ups, communities of innovators or laboratories

– supported themes: city, fashion & lifestyle and life sciences, using additive manufacturing, big data or virtual reality;

– Environmental strategy “Sustainability Compass led from the 3DEXPERIENCE Platform for Sustainability with 4 major commitments:

– 38% drop in CO2 emissions per employee in 2025 (compared to 2018), – carbon neutrality for 2050,

– 2/3 of new licenses with a positive impact on the environment,

– federation of stakeholders;

– Visibility of the activity, the recurring software turnover generating 8 / 10ths of the income.

= / Challenges / =

– Growth of the 3DS Outscale subsidiary, dedicated to the cloud, SecNumCloud certified for the public sector in France and reinforced by the acquisition of NuoDB;

– Impact of the “virtual twins” program for synchronization between real products and data processed in virtual products;

– Impact of the pandemic: in the 1st half, an 11% increase in revenue, 27% in net earnings per share and 27% in operating cash flow to € 1 billion;

– 2021 target, raised, of a 10 to 11% increase in turnover and earnings per share between 0.94 and 0.95 euros;

– 2020 dividend down € 0.56.