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<strong>Catalis</strong> <strong>SE</strong>Company PresentationEntry & General Standard KonferenzMay 2009


Agenda1Overview2Testronic Laboratories3Kuju4Highlights 20085Outlook 20096 Conclusions2<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Overview - <strong>Catalis</strong> <strong>SE</strong><strong>Catalis</strong> <strong>SE</strong> is a leading, global outsourcing service provider for the digital media andentertainment industryBusiness DivisionsQuality Assurance (QA)Development and ProductionServicesDigital Content Related ServicesCore MarketsFilms Games eLearning InteractiveSoftwareKey Market DriversVolume and complexity of contentCross fertilization of media and deviceTechnological change and development3<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Overview - Key DataShare Price (29.04.2009): 0.29 €Shares: 37,878,999Ø Daily Trading Volume:Stock Exchanges:Listing Segment:Shareholders:Designated Sponsor:22,783 sharesXETRA, Frankfurt,Stuttgart, Munich,Düsseldorf and BerlinGeneral StandardInstitutional Investors:24.7 %Free Float:75.3 %M.M. Warburg & Co.Stock Chart since 01.01.2008Source: finanztreff.deFounding Year: 2000Board:Jeremy Lewis (Executive Officer)Klaus Nordhoff (Executive Officer)Dr. Jens Bodenkamp (Non-Executive Chairman)Dr. Michael Hasenstab (Non-Executive Director)Robert Käß (Non-Executive Director)Dominic Wheatley (Non-Executive Director)Employees: 475 permanent (31.12.2008)4<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Testronic Laboratories - IntroductionTestronic Laboratories is a leading provider of QA services world-wideFilmEntertainmentGamesTestingSoftwareTestingHardwareTestingCertification5<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Testronic Laboratories - CustomersFilm & EntertainmentGames TestingDigital TV / InteractiveSoftware & Hardware Testing / Certification7<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Kuju - StudiosZoë ModeAward winning world -leadingindependent developer of music,party and social gamesAll gaming platformsdoublesixAward winning “pick-up and play”gamesAcross all downloadable formats:XBLA, PSN, Wii-Ware, PC, PSP,iPhone/iTouchChemistry1 st and 3 rd person action gamesFor Xbox 360, PS3 and PC built onEpic's Unreal EngineManilaHeadstrongKuju AmericaNik NakKuju ManilaCharacter and licenseaction titles on the WiiWealth of experiencegained by working onNintendo titlesFun casual gamesFor the Nintendo WiiGames targeted atyounger playersaged 6-12All platformsCost effective resourcingfor all Kuju’s studiosworldwideMost recent acquisition9<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Kuju - Customers10<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Highlights 2008Despite severe global recession, preliminary results show revenues in 2008 were 9.8%higher than 2007 and EBIT was 7.4% higherKujuTestronic Kuju opened an office in the strategic-ally important US market and anotherin the Manila in the Philippines toprovide high-value, low-costdevelopment capabilities The digital service markets (homeentertainment) continued to showstrong defensive nature Kuju opened new studio in CzechRepublic winning multi-million dollardevelopment contract for majorJapanese publisher US and EMEA video games sectorincreased 15-26% more than compensatingfor a 16% decline in Japan Fast uptake of Blu-ray has largelycompensated for decline in DVD sales,Testronic opened new Blu-ray facility inUS and expanded operations in theUK and Poland Strong growth in games testing services Testronic received USBI, SATA& UniPro certification: allowing us towork for manufacturers of interoperabledevices and to add toextensive skill range11<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Highlights 2008 – Comparison with 2007€m 2008 2007 growthRevenues 38.1 34.7 9.8%Testronic 15.0 14.0 7.1%Kuju 23.1 20.7 11.6%Holding - - -EBIT 2.9 2.7 7.4%Testronic 1.9 2.8 -32.1%Kuju 1.9 1.5 26.7%Holding -0.9 -1.6 43.8%EBITDA 4.1 3.7 10.8%EPS € 0.08 0.07No. of shares 26.9m 26.9mHeadcount (permanent) 475 457Debt 8.5 8.2 3.7%Cash 1.1 2.7 -59.3%12<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Highlights 2008 - 6 Year Development RecordResults 2008*:Revenues €38.1 millionEBIT€2.9 million* unaudited, preliminary figuresRevenue Split 2008, preliminaryEBIT-Split 2008, preliminaryTestronic15.0 mTestronic1.9 mKuju23.1 mKuju1.9 mHolding & extraord.-0.9 mRevenuesEBIT(in € m)(in € m)34.638.12.62.72.91.94.45.27.911.111.32003 2004 2005 2006 2007 2008e2003 2004 2005 2006 2007 2008e13<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Outlook 2009 - ReorganisationJAN 09 MAR 09 MAY 09 Reorganisation announced in January2009 in response to general economicmarket weakness and cancellation ofvarious Kuju projects Accelerating the relocation of work tolower cost operations (Poland, Manila) From 1 January to 30 April, 2009 totalKuju headcount was reduced by 8%to 238 permanent staff Comprehensive review undertaken ofall cost centres across the Group Chemistry Sheffield resizingNik Nak and Kuju America mergingwith Zoe Mode There will be a further minimum of 7%cut in headcount at Kuju in Q2 Hire freeze other than for essentialreplacement positions Restructuring costs in Q1 2009totalled approximately €500k All reorganisation measures to befinished by Q2/Q3 positioning theGroup for growth thereafter Ongoing detailed assessment ofcurrent pipeline of work underway Increased use of contractors andoutsourcers14<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Outlook 2009 – Q1€m Q1 2009 Q1 2008RevenuesTestronic 3.6 3.6Kuju 5.2 5.2Total 8.8 8.8EBITTestronic 0.4 0.4Kuju 0.2 0.7Holding -0.3 -0.2Total 0.3 0.9EBITDA 0.7 1.2EPS € 0.01 0.03No. of shares 37.9m 26.9mRevenues Despite weak market conditions, revenues trackedclosely to 2008 for both divisions and ahead of 2009budgetSubsidaries Renewal of Disney contract at Testronics Release of BZB (Burn Zombie Burn), The House ofthe Dead and US version of Singit High SchoolMusical, all very well received Kuju won two new major contracts both based onAAA Hollywood franchisesEBIT Testronic EBIT close to budget, Kuju EBIT reflects€500k of restructuring costs Overall at the Group level, the actual results wereslightly above budget15<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Outlook 2009 – Market GuidanceGroup (Preliminary) 2009: Revenues €39.0 million (+ 2.4%)EBIT €3.1 million (+ 6.8%)EBITDA €4.5 million (+9.8%)EPS €0.07 (-12.5%)Testronic: Revenues €16.2 million (+ 8.0%)EBIT €2.5 million (+ 31.5%)Kuju: Revenues €22.8 million (- 1.3%)EBIT €1.5 million (- 21.0%)Planning Parameters: Guidance for 2009 is unchanged,Q1 was slightly ahead of budget Uncertainties in the market with regards to the effect of general economic downturn Mid term growth scenarios still intact in the underlying markets Cautious planning of revenue streams for 200916<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Conclusions <strong>Catalis</strong> is a leading, international digital media service group It has 475 skilled staff in 10 locations in 6 countries world-wide It is the market leader in several key market segments It serves the world’s largest entertainment and media companies It has enjoyed constant growth of revenues and profits over 6 years Its key growth drivers are the increasing digitisation of media, the rapidexpansion in the number of different delivery platforms and the increasingcomplexity of the underlying technology <strong>Catalis</strong> major market (media/home entertainment) is one of very few thatcontinue to grow through the world-wide recession Management forecasts further growth in revenues and profits in 200917<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Thank you for your attentionYour <strong>Catalis</strong> Group


Disclaimer<strong>Catalis</strong> <strong>SE</strong> is a company listed on the Frankfurt Stock Exchange on the General Standard segmentof the regulated market. This presentation contains certain statements, including any discussion ofmanagement expectations for future periods, that constitute "forward-looking statements“.Such forward-looking statements are based on management's current expectations and beliefsand are subject to a number of factors and uncertainties that could cause actual results to differmaterially from the future results expressed or implied by the forward-looking statements due tochanges in global economic and business conditions as well as conditions specific to <strong>Catalis</strong> <strong>SE</strong>’sbusiness, and regulatory factors. They are not guarantees of future performance, involve certainrisks and uncertainties that are difficult to predict and are based upon assumptions as to futureevents that may not prove to be accurate.We do not assume any obligation to update the forward-looking statements contained in thispresentation, which speaks only as of the date on which it is made.May 200919<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com


Contact<strong>Catalis</strong> <strong>SE</strong>Headquarter:Geldropseweg 26-285611 SJ EindhovenThe NetherlandsT: +31 40 2135930F: +31 40 2135604E-Mail: info@catalisgroup.comInternet: www.catalisgroup.com20<strong>Catalis</strong> <strong>SE</strong> Geldropseweg 26-28 NL-5611 SJ Eindhoven www.catalisgroup.com

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