Goldman Sachs Financial Technology Conference

September 13 2012

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Disclaimer

This presentation contains forward‐looking statements. The trends and objectives givenin this presentation are based on data, assumptions and estimates considered reasonableby Ingenico. These data, assumptions and estimates may change or be amended as aresult of uncertainties connected in particular with the performance of Ingenico and itssubsidiaries. These statements are by their nature subject to risks and uncertainties.These forward‐looking statements in no case constitute a guarantee of futureperformance, involves risks and uncertainties and actual performance may differmaterially from that expressed or suggested in the forward‐looking statements. Ingenicotherefore makes no firm commitment on the realization of the growth objectives shownin this release. Ingenico and its subsidiaries, as well as their executives, representatives,employees and respective advisors, undertake no obligation to update or revise anyforward‐looking statements contained in this release, whether as a result of newinformation, future developments or otherwise.

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Ingenico: a world leader in payment solutions…

* Estimated market share based on published revenue

17%

15%

7%7%

45%

9%

Asia Pacific

Central Operations 

EEMEA 

Latin America 

North America 

Europe SEPA

17%

14%

69%

Leading world installed base: >17 million POS worldwide

A diversified geographical presence 

World market share: 38%* N°1 in Europe N°1 in China, Asia‐Australia  N°1 in Brazil N°2 in North America

An international group  First customer: Brazilian First nationality of employees: Chinese First country by revenue: Germany

An increasing contribution of transactions and services

Transactions

Maintenance & Services

Terminal/hardware

2011 revenue 

€1bn  

2011 revenue

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…benefiting from an increasingly diversified customer base…

Major financial institutions & merchants are using our products and solutions over the world         (in >100 countries) Dual vendor policy

Supporting new entrants in the Payment ecosystem Google, Paypal, ISIS, Apple

Operating services for more than 350,000 merchant terminals

Supporting more than 250,000 terminals on behalf of banks

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…well positioned, with a dual offer dedicated to merchants: terminals and transactions…

Agile payment infrastructure & largest portfolio of cross‐channel & cross‐border solutions Platforms supporting more than 2billion transactions in 2011 easycash solutions to operate merchant payment transactions Front‐end pre‐processing solutions (AXIS) Increasing deployment of on line solutions 

The right approach to capture more value: increased presence on verticals Small merchants: easycash range of payment solutions Loyalty: easycash Healthcare business unit through XIRING acquisition Nomadic: ROAM Data

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…focusing on innovation & hardware as key assets to deliver strategy …

Strong R&D investments: 8% of revenue in 2011

Payment terminal hardware: not a commodity Telium2 OS as cost & performance differentiating factor Gross profit > 40%

All payment terminals are future proof NFC contactless embarked EMV: the Group DNA

The right range of terminals: fully part of retail experience The right form factors: color, touch screen, all‐in‐one terminal 

iSMP: Turn iPod touch & iPhone into EMV secure mobility payment solution

iWL touch 280‐350: The 1st mobile payment solution designed for merchants’ value‐added services 

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…enjoying the right international presence to leverage market opportunities…

avg. 3 terminals /1,000 inh. 

Emerging Countries

avg. 24 terminals  per 1,000  inh.

Mature countries

Source: Euromonitor / IMF

Number of POS terminals per ‘000 people

Emerging markets as a growth driver #1 in China, leader in Brazil  Acquired distributor in Russia Still growth opportunities                            

in South‐East Asia, LATAM outside Brazil, Russia, Africa

Europe SEPA: strong foothold to deploy  transactions strategy Over‐performed market in H1’12 in 

payment terminals despite macro: market share gains in the UK,          gained traction in Central Europe

42% of revenue from services in 2011 Operating >350,000 merchant terminals

US market: a unique growth opportunity

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…ready to address a unique opportunity in the US…

Market players consolidation

EMV migration April 2013: first deadline for processors to be ready to accept EMV transactions EMV is part of Ingenico DNA Telium products embarking EMV and NFC

Gaining traction in the “bank card” channel to market with higher benefit        expected in 2013 Started to secure major processors (Chase paymentech, Vantiv) and ISOs (FAPS) Secured the top 3 distributors

Addressing market increasing demand for mobile solutions Complete product range addressing mobility for micro/small merchants & organized retail

Nomadic solutions « In the store » solutions

+ = full m‐POS solutions for organized retail

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Ingenico: a growing worldwide player in the payment ecosystem…

In the payment ecosystem, payment terminal will remain a key element Continuous shift towards card electronic payment

Gateway to cash usage moving towards dematerialized services (top‐up, air time, bill payment,…)

New shopping & payment experience driving shift towards combined Physical + Online + Mobile payments

Merchant integrated offer requires expertise in payment terminals, a complex ecosystem with high barriers to entry

Ingenico key assets to provide one‐stop‐shop solutions 30 years of experience & expertise

Know‐how of certification & security constraints

Portfolio of >1,000 payment & VAS applications

Global payment infrastructure

PSP credibility & experience (easycash)

…investing in e‐healthcare and id products through XIRING integration…

Leveraging unique position in France and Germany to address 

emerging programs in Europe and beyond

Leveraging existing Healthcare/e‐ID product range while sustaining 

innovation

A global vision of security needs for         e‐Health and e‐ID 

schemes

#1

1010

…investing in the mobile payment space by combining ROAM Data and Ingenico assets

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Increased stake in ROAM Data to address mobile POS opportunity 

Mobile POS: the opportunity to extend addressable market Mobile POS market: an untapped market for card payment Small & micro merchants have not historically used a POS terminal due to unjustified ROI 75% of devices shipped to date went to merchants who did not previously accept cards

Combining ROAM’s experience of mobile POS solutions on the US market withIngenico's global reach and EMV expertise to: Extend card acceptance to new segments in mature markets Accelerate penetration in emerging markets

Complete product range addressing mobility for micro/small merchants & organized retail

Proven ability to consolidate high level margin while investing for future growth

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Moving to fabless model

Moving to Telium2 platform 

*At constant FX & scope

MarchMerger with   

Sagem Monetel

DecAcquisition of easycash

Investing into TransferTo & mobile payment

506

728701

907

568

1 001Organic 

growth >8.3%* 

18.3%18.3%

15.0%15.9%

Publishe

d reve

nue in m

€ EBITDA (in % of revenue)

Target

>1 140

≥18.3%

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Delivering outstanding results in H1’12

Very strong revenue growth Revenue: 542.3M€

+23% on a reported basis

+16%on a like‐for‐like basis

Significant growth across all regions and segments

Proven ability to consolidate margins while investing in future sources of growth

Net profit attributable to shareholders multiplied by 2.9

2012 outlook confirmed  Like‐for‐like growth>8.3%

EBITDA margin≥18.3%

Confirming evolution towards a new Group profile,with 32% of revenue from Transactions & Services

Increased contribution of Transactions enabling more direct relations with merchants

Continue to capitalize on installed payment terminal base of >17 million to generate recurring maintenance revenue

*Revenue derived from transactions, servicing & maintenance

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20%: revenue from Transactions in H1 2012 (+300 bpts)

13%

4%

17%

20%

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Ingenico: financial strength and flexibility to execute strategy 

Focused acquisitions

Managing financial flexibility

Generating operating cash flow

Robust balance sheet : shareholder net equity at €623m

Net debt of €154.6m, x0.8 EBITDA 

150m€ of undrawn bank facility

Ready to seize further acquisition opportunities to be a key player in the payment industry beyond leadership in POS

Low capital intensive model (capex <4% of revenue) Balanced revenue structure (geomix, increased contribution of revenue from Transactions and Services) 

Maintain leadership on POS marketProvide end‐to‐end solutions cross‐channels and on a global scale to leverage the transactions management business

Differentiate and penetrate vertical markets with VAS provided as white label approach and/or own brand

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Ingenico investment case 

Key focused strategy

Technological leadership

A world leader well positioned with a dual offer dedicated to merchants: terminals & transactions

A growing market: continuous shift towards electronic payments

Structural changes in the payment ecosystem generating opportunities for enlarged leadership: mobile payment, NFC, e‐commerce

Track record of profitable growth & financial strength