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Always by your side. ALWAYS BY YOUR SIDE – to prevent, control and mitigate all kinds of property damage 1

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    ALWAYS BY YOUR SIDE – to prevent, control and

    mitigate all kinds of property damage

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    All crucial for human life.

    At the same time posing an unpredictable threat to valuable property.

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    WATER FIRE CLIMATE

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    ALWAYS BY YOUR SIDE.

    We provide solutions to prevent, control and mitigate all kinds of property damage – from the everyday, right through to the worst that nature can cause.

    Our knowledge and technology are leading-edge. More importantly: our people have a passion and heart for giving help when disaster strikes. We are Always By Your Side. Whenever there is a problem. That is why so many customers side with us.

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    Contents

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    OUR BASICS

    OUR SERVICES

    OUR BUSINESS APPROACH

    OUR RESPONSIBILITY

    OUR STRATEGY

    OUR FINANCIALS

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    Our basics

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    Polygon in figures 350,000

    YEARLY ASSIGNMENTS

    677 m EUR SALES, 2019

    60+ YEARS’ EXPERIENCE

    4,600 EMPLOYEES

    16 COUNTRIES

    3 CONTINENTS

    24/7 SERVICE

    +300 DEPOTS

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    The Polygon framework

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    Brand promise What we stand for

    Focus Our core business

    Mission What we do

    Approach How we do it

    Values What we believe in

    Customer segments To whom we deliver

    Service lines What we offer

    Always By Your Side

    The global expert in Property Damage Control

    We prevent, control and mitigate the effects of water, fire and climate

    Solutions through people, technology and knowledge

    Integrity, Excellence and Empathy

    Companies, Households, Public Sector and Insurers

    Water Damage Restoration

    Fire Damage Restoration

    Temporary Climate Solutions

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    Brand promise – What we stand for

    Strong local presence backed by global resources

    Deep customer involvement, beyond our service commitment

    Helping people to get on with their lives

    Integrity, Excellence and Empathy

    Always By Your Side

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    Focus – Our core business

    A clear focus – one-stop shop for preventing, controlling and mitigating

    High quality and excellence in every area

    Dedicated to be the best at what we do

    The global expert in Property Damage Control

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    Mission – What we do

    Offering both standardised and tailor-made solutions in property damage control

    Meeting the needs of all types of customers

    Responding to increasing demands for preventive measures

    Leading industry professionalisation and digitalisation

    We prevent, control and mitigate the effects of water, fire and climate

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    Approach – How we do it

    Committed people with a passion for helping others

    State of the art technology driven by continuous development

    Outstanding knowledge gained from 350,000 yearly assignments

    Distributed organisation driven by local entrepreneurship supported by a strong corporate culture

    Solutions through people, technology and knowledge

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    Core values – what we believe in

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    We are experts and knowledge leaders, striving for continuous improvement and applying best

    practice from our global operations.

    We are transparent and act in an honest way. We take

    responsibility for our actions. Reliability is a key part of the

    services we offer.

    We have a genuine understanding of our

    customers’ challenges. Our people make a difference by

    showing respect and compassion.

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    To whom we deliver

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    LARGE PROJECTS

    MEDIUM SIZED

    PROJECTS

    SMALL JOBS

    Companies Households Public Sector

    Insurance

    Man

    aged

    Pro

    pert

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    Indu

    stry

    Cons

    truc

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    Resid

    entia

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    Com

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    Inte

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    Hou

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    Four customer segments

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    Our strategy 14

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    A growth focused strategy Structure & Culture (build a better

    business and focus on people and culture)

    Productivity & Service Delivery (improve operations)

    Portfolio Development (increase share of wallet with our key account customers)

    New Segments & Solutions (grow property management and commercial insurance)

    Cross-Border Solutions (sell and deliver major and complex claims)

    Buy & Build (grow by acquisitions)

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    https://www.youtube.com/watch?v=EmdE-3XH-Pk&feature=youtu.be

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    Our strategic journey

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    Driving industry transformation through digitalisation Embracing our leadership role Redesigning the value chain Automating processes Facilitating seamless integration

    with insurers Responding to the requirements

    for prevention services Utilizing and developing

    Internet-of-Things solutions

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    Streamlining Damage Control via digitalisation

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    CUSTOMER EXPERIENCE

    PAST

    EFFI

    CIEN

    CY

    FUTURE

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    Our business approach

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    Market trends favour big players Scale and resources are important Consolidation, digitalisation, supply chain

    centralisation and climate focus transform the industry

    Insurance claims – low-cyclical and resilient to economic downturns – drive the demand

    Fragmented market enables acquisitions Extreme weather events require scale and

    cross-border cooperation

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  • Denmark 327 16 Austria 114 15 Canada 36 3

    Finland 362 27 Belgium 44 2 Singapore 5 1

    Norway 385 59 France 116 14 USA 137 16

    Sweden 280 33 Germany 1 871 66 Italy 42 2

    UK 711 16 Netherlands 160 13 Luxembourg 5 1

    Switzerland 89 9 = Employees = Depots

    Being global, acting local

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    Good is not good enough Consolidation of the Polygon

    expertise in five Centres of Excellence

    Cross-border activity to develop best practices

    Elevates our industry to a new level of professionalism

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  • Being global, acting local

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    TEMPORARY CLIMATE SOLUTIONS US DOCUMENT

    RESTORATION UK, US and Netherlands

    EMERGENCIES Germany

    MOISTURE CONTROL Sweden

    MAJOR AND COMPLEX CLAIMS Germany

    Centres of excellence Countries in the Polygon Group

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    Our business approach

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    DECENTRALISED ORGANISATION

    LOCAL ENTREPRENEURSHIP

    A CLEAR BUSINESS PHILOSOPHY

    THE POLYGON MODEL

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    The Polygon Model: helps our people make a difference

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    Our responsibility

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    Responsibility is clear to our hearts Our core business is to restore

    property and thereby contribute to reduced use of resources

    Our Responsibility Programme guides us to minimise risks, safeguard values and act sustainably, responsibly and with respect for others

    We have a systematic approach to governance via our Code of Conduct

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    Key sustainability areas

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    First-choice employer 4,600 employees in 16 countries with a mix of backgrounds act

    independently when helping customers in the best and fastest way Experience and skills are valuable but the right attitude is decisive Strategic talent management via Polygon Academy Education and training via Polygon Learning Zone Structured approach to health and safety Employee survey shows high engagement and most survey

    results are above industry benchmark

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    The Polygon Academy “If Polygon only knew…

    what Polygon already knows” The Polygon Academy

    is established to share practice in an organised way

    Unique in our industry Champions become ambassadors

    for the Polygon Model

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    Reducing environmental impact Our core business brings valuable property back to life, decreasing

    both environmental impact and cost We focus on efficient use of materials, energy and

    other resources Every country drives their own agenda to reduce environmental impact A study indicates that Polygon’s water damage restoration services avoided

    around 11,000 tonnes of CO2 emissions during 2019* Driving record systems, route optimisation, speed limiting devices and eco-

    driving training contributes to reduce of fuel consumption and CO2 emissions from transports

    * conducted in collaboration with students at the Royal Institute of Technology in Sweden.

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    Responsible business We have high ethical standards

    and always show respect towards individuals, organisations and society

    Our people are expected to lead by example with our values Integrity, Excellence and Empathy as core principles

    The Polygon Model and our Code of Conduct guide our efforts

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    AGE DISTRIBUTION

    Age %

    60 4

    Total 100

    Key figures – responsibility

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    EMPLOYEE STATISTICS

    2019 2018 2017

    Work attendance, % 94.0 94.0 96.0

    Employee turnover rate, % 21.0 28.0 18.4

    Average number of employees 4,512 3,870 3,279

    Of whom men, % 4,217 3,810 3,279

    EMPLOYEE SATISFACTION

    2019 2018 2017

    Response rate, % 90 92 91

    Team Efficiency Index (ESI) (BM 72) 77 77 76

    Leadership index (LSI) (BM 77) 78 78 77

    Engagement index (BM 72) 84 83 83

    EMPLOYEES PER GEOGRAPHICAL SEGMENT 31 DECEMBER 2019

    Segment Number of employees

    Of whom men, %

    Nordics and UK 2,046 82

    Continental Europe 2,370 79

    North America 170 75

    Total 4,586 79

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    People first! • People come first at Polygon, and we

    invest a lot into making them thrive. This has been acknowledged externally in both Germany and the UK.

    • Polygon in the UK has Investors In People (IIP) Platinum standard and Achilles accreditation for the sixth consecutive year.

    • Polygonvatro in Germany was acknowledged for being a popular employer in two independent studies 2019.

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    Customer partnership to decrease lead times and waste • Polygon’s subsidiary Plastic Surgeon has

    partnered in a pilot with one of the UK’s leading insurance companies, Allianz. The goal is to contribute to a significant decrease of both insurance lead times and the amount of waste that goes to landfill.

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    Our services

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    Offering One-stop shopping

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    WATER Polygon’s water specialists handle everything from small leaks to major incidents caused by

    flooding. We are experts in restoring damaged property, equipment and documents. Preventing damage is another of our expert areas.

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    Taking the right actions Assess the problem and its scope Prevent further damages Arrange professional drying Restore the site Salvage and recondition damaged

    property and documents

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    The Polygon advantages We cover every step of the

    restoration process Remote monitoring saves

    time and money Cross-border resources to

    cope with major incidents Specialists in reconditioning

    damaged equipment

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    Water: the Polygon service offer

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    • Alarm response • Damage assessment • Claims handling • Demolition • Drying • Mould remediation • Remote video • Remote monitoring • Specialist water services • Video scoping • Technical reconditioning • Major and complex claims

    • Disaster recovery • Emergency stabilisation • Complete project management • Freeze-vacuum drying and freeze drying • Sanitisation • Smoke and soot (carbon) removal • Deodorisation • Dehumidification and drying • Emergency planning and training • Scanning • Storage • Consulting • Archival and artwork conservation

    • Acoustic • CCTV drainage surveys • Thermography • Tracer gas • Video endoscopes • Correlation

    OUR WATER DAMAGE RESTORATION SERVICES INCLUDE

    OUR DOCUMENT RESTORATION SERVICES INCLUDE

    OUR LEAK DETECTION TECHNIQUES INCLUDE

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    Digital solutions prevent water damage Polygon is determined to become the first provider to offer a full end-to-end solution that prevents water, mould and other property related damage.

    Our key to success is to prevent damage by combining existing restoration processes with new technology and data analysis.

    One solution is to install smart sensors and automatic valve shut offs for constant surveillance and rapid mitigation based on sensor alarms.

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    FIRE Clearing soot and debris, drying up water left by the extinguishing work, and restoring buildings, machines and equipment. These are the major restoration challenges after a

    sudden fire. Polygon takes on the job anywhere – from start to finish.

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    Time is money! Get quickly back to work again Clean up after the fire Mitigate secondary effects

    from smoke, oxidisation and water damages

    Salvage and restore damaged equipment and documents

    Manage subcontractors for reconstruction

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    The Polygon advantages Involved from start to finish Taking advantage of the combined

    global Polygon expertise Cross-border resources for large

    assignments Technical reconditioning of

    damaged equipment can save up to 60 percent

    Fire-damaged documents can be salvaged

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    Fire: the Polygon service offer

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    • Cleaning • Transportation • Content removal & storage • Carbon removal • Ultrasonic cleaning • Odour neutralisation • Corrosion control • Reconstruction of property and contents • Technical reconditioning • Major and complex claims • Water damage

    OUR FIRE DAMAGE RESTORATION SERVICES INCLUDE

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    Cross-border teamwork saved Norwegian fish factory – twice After a major fire at a Norwegian fish factory in 2019, Polygon Norway was called in to clean the building from soot, Together with colleagues from Denmark and Germany they assignment was completed. When another building at the same site caught a light later the same week, Polygon’s experts was called in again. A good example of how Polygon can solve major and complex claims with cross-border collaboration.

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    Climate Cooling, heating and humidity control. Whenever the climate conditions

    of a site need modification, considerable know-how is required to make sure conditions turn out perfect. Polygon has the expertise.

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    Achieving perfect conditions Controlling temperature and

    humidity Offering a complete set of

    services: drying, cooling, heating and remote monitoring

    Short-term as well as long-term Consulting services to manage life

    cycle projects

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    The Polygon advantages We have the expertise in every

    aspect of climate control We assess damages and

    recommend actions We perform project planning Our certified consultants help

    avoid moisture problems from the beginning

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    Climate: the Polygon service offer

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    • Dehumidification • Humidification • Air conditioning • Heating • Air exhaust • HEPA filtration • Chilled water • Total climate control • Remote monitoring • Equipment sizing • Project engineering • Consulting

    OUR TEMPORARY CLIMATE SOLUTIONS SERVICES INCLUDE

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    Climate solutions for over 1 million sq.m. of buildings every year Our Centre of Excellence for Climate Solutions in the US has world-leading expertise in moisture and temperature management and control. Every year we provide temporary climate solutions for over one million square metres of buildings. By using energy-efficient equipment, we create the right conditions to avoid shutdowns due to climate problems or regulatory restrictions. On construction sites, we enable building projects to stay on time and in food industry, we secure that required hygiene and product safety standards can be maintained.

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    Our financials 53

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    A strong development

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    SALES AND GROWTH

    EUR million

    Growth, % Sales, EUR million

    0

    2

    4

    6

    8

    10

    0

    10

    20

    30

    40

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    2015 2016 2017 2018 2019

    %

    Adjusted EBITA, % Adjusted EBITA, EUR million

    ADJUSTED EBITA

    EUR million

    0

    10

    20

    30

    40

    50

    2015 2016 2017 2018 2019

    OPERATING CASH FLOW

    EUR million

    0

    5

    10

    15

    20

    25

    30

    35

    0

    100

    200

    300

    400

    500

    600

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    2015 2016 2017 2018 2019

    %

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    How our sales are split

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    SALES DISTRIBUTION BY GEOGRAPHY

    Nordics & UK, 34% Continental Europe, 61% North America, 5%

    SALES BY SERVICE LINE

    Water damage restoration, 33% Technical reconditioning, 24% Fire damage restoration, 20% Leak detection, 4% Temporary Climate Solutions, 7% Major and complex claims, 12% Other 1%

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    Financial year 2019/2018

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    EUR m 2019 2018

    Sales 677.1 619.3

    Sales growth, % 9.3 20.8

    Adjusted EBITDA 81.3 53.0

    Adjusted EBITDA, % 12.0 8.6

    Adjusted EBITA 44.3 39.6

    Adjusted EBITA, % 6.5 6.4

    Operating cash flow 31.9 24,2

    Net debt 284.8 180.6

    Full-time employees 4,512 3,810

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    ALWAYS BY YOUR SIDE�– to prevent, control and mitigate all kinds of property damageSlide Number 2Slide Number 3Contents �Our basicsPolygon in figuresThe Polygon frameworkBrand promise – What we stand forFocus – Our core businessMission – What we doApproach – How we do itCore values – what we believe inTo whom we deliverOur strategyA growth focused strategyOur strategic journeyDriving industry transformation �through digitalisationStreamlining Damage Control via digitalisationOur business�approachMarket trends favour �big playersSlide Number 21Good is not good enoughBeing global, acting localOur business approachThe Polygon Model: �helps our people make a differenceOur responsibilityResponsibility is clear �to our heartsKey sustainability areasFirst-choice employer The Polygon AcademyReducing environmental impactResponsible business Key figures – responsibility Slide Number 34Slide Number 35Our servicesOffering One-stop shoppingSlide Number 38Taking the right actionsThe Polygon advantagesWater: the Polygon service offerSlide Number 42Slide Number 43Time is money!The Polygon advantagesFire: the Polygon service offerSlide Number 47Slide Number 48Achieving perfect conditionsThe Polygon advantagesClimate: the Polygon service offerSlide Number 52Our financialsA strong developmentHow our sales are splitFinancial year 2019/2018Slide Number 57