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Investment Case

Recurring Revenues Strong cash generation - services paid for in advance Quality earnings - subscription products with high-level of recurring revenues Delivery - strong revenue and profit growth since IPO Recurring revenues Buy & Build strategy Consolidator in highly fragmented and fast growing global domain name and web presence industry Strong track record of driving value through successful integrations Sustainable growth - businesses moving online in emerging markets Proven management, invested and ambitious Buy & build strategy Strong Economies of Scale Sizable global market estimated to be worth $30 billion with a CAGR of 3% Highly scalable - fixed cost platform-based businesses Ambition to build a group the scale of leading US and German players (Verisign revenue: $1.14bn; GoDaddy revenue $1.8bn; United Internet revenue €4bn) Strong economies of scale Group Locations United Kingdom (London) 1 Australia (Melbourne / Sydney) 2 Canada (Richmond) 3 Germany (Bonn / Homburg / Munich / St. Ingbert) 4 Luxembourg (Luxembourg) 5 New Zealand (Napier) 6 Slovakia (Bratislava) 7 U.S.A (Washington DC) 8 CentralNic locations

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Why invest in CentralNic?

CentralNic supplies the tools for businesses to get online: domain names, hosting, websites, email, website security, brand protection and domain monetisation services.

Market

  • Total addressable market: $22 – 30 bn*;
  • Strong cash conversion – services are paid in advance;
  • Quality earnings – subscription services with recurring revenues;
  • Organic growth: 2% (mature markets) to 10% (developing markets).
(*) William Blair equity research on GDDY, 5 October 2017.

CentralNic

  • Proven business model revenue multiplied more than 27-fold in five years since listing
  • Recurring revenue – around 92% of revenues from subscription products
  • Highly predictable renewal rates between c.65% and c.95%
    depending on segment and maturity of customer
  • New revenue streams provide significant upside potential – related services such as hosting, cybersecurity and brand protection
  • Near 100% cash conversion (pre-tax) – annual
    subscriptions paid in advance
  • Automation reduces costs by an estimated 30% compared to competitors
  • Trusted by our Tier-1 client list – includes Fortune 500 companies technology giants, global brands, governments and SMBs
  • Total addressable market – market for online presence services estimated to be worth $30bn, ample space to grow our businesses
  • Global consolidator – global business with successful acquisition strategy in highly fragmented market
  • Experienced and entrepreneurial management team – 20-year track record led by innovative team unafraid to challenge status quo
  • Superior, trusted technology platforms – superior automation, speed and resiliency, zero downtime in 20+ years