Corporate Profile

2

WHO

We ARE

Exprivia SpA is an Italian Information Technology Group focused on the design and development of innovative solutions, with an international footprint thanks to its presence in Italy, Europe and Latin America.

At a Glance

THE

3i STRATEGY

INNOVATION INDUSTRIALIZATION INTERNATIONALIZATION

3

Ene

rgy

& U

tilit

ies

Market

Capital Market Credit & Risk Management SAP Social & Web 2.0 IT Governance & Infrastructure Business Analytics BPM & EAM Business Process Outsourcing

Cap

abili

tie

s

Healthcare

Trading Room

Credit & Risk Management

Mobile

Information

Infrastructure Monitoring

SAP Suite

Security

Voice Recognition

Business Model So

lutio

ns

He

alth

care

Ind

ust

ry &

Ae

rosp

ace

Ban

ks &

Fin

ance

Pu

blic

Ad

min

istr

atio

n

Telc

o &

Me

dia

4

2005

Revenues

2006 2007 2008 2009 2010 2011

Ebitda

Employees

2005 2006 2007 2008 2009 2010 2011

€m €m

Net Result

2005 2006 2007 2008 2009 2010 2011

€m

CAGR 2005-2012

[15.3%]

2012 2012

2012

2005 2006 2007 2008 2009 2010 2011 2012

A story of Growth

CAGR 2005-2012

[22.8%]

CAGR 2006-2012

[11.8%]

5

200 Revenues

€m

of which 60€m coming from external growth and 10% achieved abroad

EBITDA Margin

€m

PFN

2013 Strategic Targets

THE

3i STRATEGY

INNOVATION INDUSTRIALIZATION INTERNATIONALIZATION

2013 TARGETS

15%

~69

€m

6

Market Human

Resources Research & Innovation

Industrialization

Needs resulting from market analysis Opportunities to explore Unmet needs

Thanks to the dynamism and a streamlined structure, the Innovation Lab identifies the most interesting trends to focus the attention on

The Innovation Lab identifies several solutions that are tested to verify the efficiency

Once the best solution is identified, the process is replicated and ready to be customized to the needs of each specific customer worldwide

Internationalization

The 3i strategy

Business Model

7

1. To identify and adapt innovation opportunities in each aspect of the business model 2. To develop innovative technologies to be applied in the various business areas 3. To enrich the company's knowledge base, contributing to the creation of new expertise

Mobile payment: secure micro-payments on smartphones with the QR Code;

Info-mobility: optimisation of urban and suburban mobility;

eGovernment: multi-channel and simplified access to services available to the public;

Tourism: advanced, multi-channel services for tourists;

Monitoring of energy efficiency: to control electronic devices and individual's wellbeing

Telemedicine and Assisted Living environments: to support innovative forms of home healthcare;

Profiling: services based on the individual and the location;

Analytics

Innovation as a tool for exploring new business opportunities

The project was created from our direct, daily experience with our customers, which is seen as an integral part of the process of developing technology solutions and proposed products.

Smart City 2.0 The IT objectives for innovation are formed around the following themes:

Innovation Lab THE

3i STRATEGY

INNOVATION INDUSTRIALIZATION INTERNATIONALIZATION

3i - Innovation

8

Super Mobile eni.mobi

Multiplatform app to enjoy in streaming video , access to web services, use of documents, interactive quiz, yahoo-answer like section

Development of a range of services for ENI customers enjoyable through a smartphone of any platform

3i - Innovation THE

3i STRATEGY

INNOVATION INDUSTRIALIZATION INTERNATIONALIZATION

9

Monitoring service level agreements (SLAs);

Business continuity;

Change management;

Capacity management.

The service model ensures adequate governance of the following activities:

Exprivia puts together an offer focused on Competence Center, specialized in specific matters (Murex, Tibco, SAP, Java, proprietary applications etc.) which are all characterized by a high level of company and individual experience.

Our knowledge and experience to meet customer's requirements.

a mix between ITIL best practices and the analysis methodology of the BPR processes of Jacobson

Competence Center

3i - Industrialization

INDUSTRIALIZATION

INNOVATION INDUSTRIALIZATION INTERNATIONALIZATION

THE

3i STRATEGY

3i - Industrialization

Intesa San Paolo Group Service is the subsidiary of Intesa San Paolo which provides all services to the Group’s banks. Exprivia is partner of Intesa San Paolo Group Service to create a new application architecture for Banca IMI. Within this project Exprivia has a central role especially in the process of migrating the application Murex from version 2 to version 3. This role has been recognized for the knowledge, expertise and experience in the management of the Murex application demonstrated as a supplier of reference for this platform in the two companies of the Group, Intesa Sanpaolo and Banca IMI.

IRCSS Fondazione Santa Lucia

Exprivia has provided a fully integrated hospital information system includes the modules of the clinical care and for all administrative area. Particularly in health care has been provided e4Cure Suite that includes all modules for the management of patient clinical processes, which include the functionality of electronic health record for the management of rehabilitation techniques.

Exprivia manages the services of application maintenance and ongoing maintenance of ERP systems of the Human Resources Group of the Italian Post Office.

In particular Exprivia manage the processes concerning service’s organization, the technical topics of the system (personal, payroll, stamps, travel), the staff’s training, the compensation policies and contract renewals.

INNOVATION INDUSTRIALIZATION INTERNATIONALIZATION

THE

3i STRATEGY

10

11

International expansion represents a fundamental strategic component for Exprivia growth

that will be realized through parallel initiatives aimed at strengthening and better penetrating emerging global markets:

1. growth to assist our Italian customers with their

foreign investments

2. selection of local partners for starting up new projects

3. acquisitions or joint ventures with foreign companies

3i - Internationalization INNOVATION INDUSTRIALIZATION INTERNATIONALIZATION

THE

3i STRATEGY

12

Our strategy for international growth

3i - Internationalization

Italian customer abroad Local partners Acquisitions

Our solutions were choosen to support the entire corporate lending process (from origination to contract generation and signing) in all the CEE banks of the group.

• Sirma Business Consulting

• SENSO-IS • ITAD

• AAM Management

Information Consulting

• IT&IS

• TESI Messico

Exprivia SL Shareholding: 60% Exprivia S.L. was established in April 2008 in Madrid and is a start-up dedicated to developing IT solutions and systems for the healthcare sector in the Spanish market.

Prosap SL Shareholding: 51.12% ProSap is a Spanish company that was founded in 2002, with subsidiaries in Mexico, Guatemala and Peru, offering professional services in SAP, systems integration and application management for large and medium-sized businesses

Exprivia do Brasil Shareholding: 97% Exprivia do Brasil Serviços de Informatica Ltda is a Brazilian company specialised in IT security solutions and has approximately 16 employees in its headquarters in Sao Paulo.

Our solutions were choosen to support the credit lending process for all customer segments and for leasing operations in the foreign banks of the group.

INNOVATION INDUSTRIALIZATION INTERNATIONALIZATION

THE

3i STRATEGY

1 2 3

13

Business news M&A Alliances

Internationalization

Innovation

Industrialization

Mobile Payment (Pay4Any)

Geocollaboration (Slimsafe)

Cloud (Telecom-SAP)

Traxall DTS

CISCO

SAP

Competence Area in health

and finance

SAP Hub

REALTECH S.p.A

Sistemi Parabancari

SAP

TELECOM

New customer in Mexico

for the Health market

New branch in Lima

(through Prosap)

Exprivia Do Brasil SIRMA (Bulgaria)

SENSO-IS (Croatia)

TESI (Mexico, Brazil)

Monitoring our target

14

Top 6 - 36.5% Others

Energy and Utilities

Healthcare

Industry and

Aerospace

Banks and Finance

Public Administr.

Telco and Media

Major Customers

15

120.2

132.5

FY 2011 FY 2012

Revenues

13.5 12.4

FY 2011 FY 2012

Ebitda

9.4% Margin

10.5

7.2

FY 2011 FY 2012

5.5% Margin

Ebit

3.2

2.4

FY 2011 FY 2012

1.8% Margin

Net results

FY 2012 Results

16

2.6

0.9

2011 2012

1Q 2Q 3Q 4Q

3.1 3.6

2011 2012

2.0

3.0

2011 2012

6.2

5.0

2011 2012

2012 quarterly Ebitda trend

17

Banks and

Finance

Health care

Industry Aerospac

e and Media

Energy and

Telco

Public Admin. Utilities Abroad

& Others

Trend by market segment Geographical breakdown

Customers breakdown Trend by activities

Italy

Abroad

Public

Private

FY 2012 Revenues Breakdown

2011 2012 2011 2012 2011 2012 2011 2012 2011 2012 2011 2012 2011 2012

2011 2012 2011 2012 2011 2012 2011 2012

18

% on revenues 38% 33% 28%

Leverage 1.54x 1.77x 1.73x Net Debt/Ebitda 2.55 3.23 3.46

16,214,113,8

68,8 73,5 74,2

5,37,57,3

91,5102,884,5

2010 2011 2012

Fixed asset Not-fixed asset Cash Others

0,218,3

62,6

Accounts receivables Accounts Payables Inventories

Capital structure (€ m)

NWC

2010 2011 2012

Capital Structure and NWC

2010 2011 2012

19

Normalized

Net S/T indebtedness

IAS Effect Net L/T Indebtedness

NFP

NFP bridge (€ 44.3 m)

Stable NFP

Cash

20

Italian Stock Exchange – STAR N. of shares outstanding: 51.9 m Price as of 13/03/13: € 0.68 Capitalization: € 37 milion Bloomberg: XPR IM Reuters: XPR.MI

Group’s structure Shareholding Board of Directors

Management Team Share Informations Stock Chart

Domenico Favuzzi Chairman and CEO

Pierfilippo Roggero CEO Exprivia Group

Dante Altomare VP Public Market Div.

Roberto Lorini VP Private Market Div.

Gianni Sebastiano CFO

Domenico Favuzzi Chairman and CEO

Pierfilippo Roggero CEO

Dante Altomare Vice Chairman

Giancarlo Di Paola Executive Officer

Marco Forneris Executive Officer

Rosa Daloiso Non-executive Dir.

Valeria Savelli Non-executive Dir.

Vito Albino Independent Dir.

Giorgio De Porcellinis Independent Dir.

Alessandro Laterza Independent Dir

12 months performance

Company Profile