bruno talks at trends inside lunchgesprek (11 december 2008)

April 12, 2023 | SLIDE 1

www.realdolmen.com

One Year Later

From: Segers BrunoSent: woensdag 12 december 2007 22:52To: Abdo AshleySubject: Diesel Romeo honeymoon hotel

Ashley,

As discussed.

All details about Hotel De Schelde via this link http://www.hoteldeschelde.nl/nl/ As it’s only in Dutch a few additional comments

I know this hotel, small, modest and cheap (Jef will like this)It’s not in Belgium (they will not know us)It’s 1 hour drive from Brussels and 1 hour drive from AntwerpThey have wirelessThey have a few meeting roomsWe can eat, swim, drink, sauna and go for bowlingIf we don’t have a solution for big problems we can go for a beach walk to catch fresh airThey still have 10 rooms available this Friday and/or SaturdayWe can meet and work there We can work and meet full days while our partners (even children) could enjoy the environment (if we decide to do this)Jef and Francois could join us Saturday night for dinnerEtc …

I took an option for at least 10 rooms this Saturday. Ideally we should bring the new mgt team and the merger taskforce together in this war room concept. We will save a lot of money and time while we start building the Newco Mgt Team in one go.

Think about it.

Bruno

PS If needed some of us can go there as from Friday night to prepare while we start formally Saturday at 10 AM and end Sunday night at …

From: Segers BrunoSent: woensdag 12 december 2007 22:52To: Abdo AshleySubject: Diesel Romeo honeymoon hotel

Ashley,

As discussed.

All details about Hotel De Schelde via this link http://www.hoteldeschelde.nl/nl/ As it’s only in Dutch a few additional comments

I know this hotel, small, modest and cheap (Jef will like this)It’s not in Belgium (they will not know us)It’s 1 hour drive from Brussels and 1 hour drive from AntwerpThey have wirelessThey have a few meeting roomsWe can eat, swim, drink, sauna and go for bowlingIf we don’t have a solution for big problems we can go for a beach walk to catch fresh airThey still have 10 rooms available this Friday and/or SaturdayWe can meet and work there We can work and meet full days while our partners (even children) could enjoy the environment (if we decide to do this)Jef and Francois could join us Saturday night for dinnerEtc …

I took an option for at least 10 rooms this Saturday. Ideally we should bring the new mgt team and the merger taskforce together in this war room concept. We will save a lot of money and time while we start building the Newco Mgt Team in one go.

Think about it.

Bruno

PS If needed some of us can go there as from Friday night to prepare while we start formally Saturday at 10 AM and end Sunday night at …

TimelineDiesel Project

14-21 December 2007

December 14-19 Complete Business Plan & NewCo PresentationComplete Draft ProspectusComplete Antitrust Filing

December 19 3pm Present to Board Diesel – Obtain Support Letter 8pm Present Board Romeo – Approve Prospectus

December 20 AM Present Draft Prospectus and Industrial Project to CBFADecember 21 AM Public Announcement of Deal by CBFA

9am Work’s Council Briefings 10am Press Conference 12pm Analysts 3pm Associates

December 25 Enjoy Christmas with Families!


1999Listing on EuroNext Brussels




2007€75 mio convertible bond Acquisition Axias

2007€75 mio convertible bond Acquisition Axias

1986Start of Real Software NV

1986Start of Real Software NV

2008RealDolmenRevenue Q1 +26%

2008RealDolmenRevenue Q1 +26%

2007 - 2008Growth and return to sound operations

2007 - 2008Growth and return to sound operations

2004Acquisition JCS2004Acquisition JCS

2008Merger2008Merger

2007Acquisition NEC Philips2007Acquisition NEC Philips

1982Start of Dolmen NV out of Colruyt IT department

1982Start of Dolmen NV out of Colruyt IT department

2004 – 2007RestructuringEstablishing solid platform for growth

2004 – 2007RestructuringEstablishing solid platform for growth

2001 – 2004Distressed situationInvestment by Gores

2001 – 2004Distressed situationInvestment by Gores

HISTORY


KEY MILE STONES – FROM PROJECT TO NV

December 21, 2007

February 20, 2008

March 5, 2008

March 26, 2008

September 1, 2008

Announcement of the tender offer and subsequent merger

CBFA approval and publication of the prospectus

Closing of the tender acceptance period

Successfull closing of the tender offer with 82,45% Dolmen shares tendered

Extraordinary General Assembly of Shareholders to approve the merger


3271

5033

BILLABLE YEARS BILLABLE YEARS OF SERVICEOF SERVICEEMPLOYEES PER EMPLOYEES PER

AGE CATEGORYAGE CATEGORY

REALDOLMEN HAS MORE THAN 10.000 MANYEARS OF EXPERIENCE

81%81%

80%80%

19%19%

20%20%

EDUCATIONEDUCATION


REALDOLMEN IS ONE OF THE TOP INDEPENDENT ICT SUPPLIERS IN BELGIUM

RealDolmen combines to a Top 10 position in the

Belgian market

RealDolmen combines to a Top 10 position in the

Belgian market


REALDOLMEN HAS A CLEAR VISION AND MISSION Vision: To be the reference in the local market for

integrated solutions supporting the complete ICT-lifecycle. Reference: be the preferred & trusted choice for customers,

partners and employees Local: proximity to our customers in the Benelux and France Integrated solutions: complete ICT offering covering the full

lifecycle, including infrastructure, applications and communications

Complete ICT-lifecycle: supporting all plan-build-operate activities

Mission: RealDolmen’s mission is to enable its clients to achieve their objectives by optimizing their business processes through innovative, effective and reliable ICT solutions.


REALDOLMEN HAS A SINGLE-SOURCE OFFERING

Infrastructure ProductsInfrastructure Products

Business SolutionsBusiness Solutions

Professional ServicesProfessional Services

A true single-source supplier,able to support the

full ICT-lifecycle


REVENUE PER SECTOR


REALDOLMEN HAS A SOLID AND REFERENTIAL CUSTOMER BASE IN BOTH THE MID-MARKET AND LARGE ACCOUNTS

Logistics and Distribution Industry

Life ScienceServices

Government/Healthcare/Education


REALDOLMEN HAS EXTENDED GEOGRAPHICAL COVERAGE


REALDOLMEN IS A REFERENCE PARTNER


REALDOLMEN SHAREHOLDER OWNERSHIP

Notes:(1) Non-diluted shareholding per September 1, 2008 not taking in to account warrants and Real convertible bond to be exercised in 2012(2) Institutionals consist of Fortis Investment Management NV, UBS AG and Deutsche Bank AG

(2)

(1)


ProfessionalServices

Infrastructure Products

Business Solutions

H12007/08

H12008/09

€69,0 mio€62,5

mio

H12007/08

H12008/09

€20,0 mio

€13,6 mio

H12007/08

H12008/09

€41,9mio€36,5

mio

Total Group

H12008/09

€130,7 mio

€112,6 mio

H12007/08

TURNOVER H1 2007/08 TO H1 2008/09


MARGINS

H12007/08

H12008/09

-1,6%-1,4%

Corporate

H12007/08

H12008/09

8,6%

7,3%

Professional Services

H12007/08

H12008/09

11,6%

6,9%

Business Solutions

H12007/08

H12008/09

2,9%3,3%

Infrastructure Products

H12008/09

5,6%

4,6%

H12007/08

Total Group


CASH/DEBT POSITION

Cash (2)

Convertible debt (July 2012)

Other debt

March ‘08

€36,6 mio

€73,7 mio

€16,7 mio

€57,0 mio

(1) Shows impact of buy-back convertible on September close numbers(2) Cash = Cash + Assets held for trading

September ‘08

€34,6 mio

€74,6 mio

€14,8 mio

€59,9 mio

Pro Forma (1)

€24,6 mio

€58,5 mio

€14,8 mio

€43,8 mio


MERGER UPDATE

Integration From April 2008 to March 2009

Optimization From October 2008 to June 2009

Innovation From April 2009 to March 2010

Communication From week to week


SUMMARY

€252 mio revenue / €20 mio Ebitda

Employing almost 2000 professionals

Single-source provider of integrated ICT solutions

Active in Benelux and France

Pleased with progress achieved in H1

Expectations are aligned with economic outlook

We are well positioned for the future


THANK YOU for ICTPassionRock-solid

bruno talks at trends inside lunchgesprek (11 december 2008)

Business

mio h1

turnover h1

margins h1

corporate h1

mio total group h1

professional services

infrastructure products

belgium realdolmen