Q Q2 Q2 SEK million

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1 Q2 Report

2 Q A non-recurring cost of SEK 27.2 million for restructuring program Project write-downs concerning customers within telecom and automotive Lower utilisation in April with recovery in May and June Currency effects Sales SEK -9.7 million EBITDA SEK +0.2 million Impairment loss Finland 125 MSEK goodwill 10 MSEK brand name Q2 Q2 S o o SEK million Sales Employees 1,695 1,761 EBITDA EBITDA % -5.8% 4.8% EBIT EBIT % -43.5% 1.6% Cash flow Equity/assets t ratio 57% 57.1%

3 Restructuring programme Due to market changes and need for decrease of OH-ratio Cutbacks in Cybercom s Finnish operation, including its associated offices in China and Romania Hardware design terminated, test transferred to Romania and office in Hyvinkää closed Maximum 50 consultants in Finland, 30 consultants in China and 40 consultants in Romania OH in Cybercom s Finnish and Swedish operations streamlined by 25 persons Non-recurring charges of SEK million in the second quarter Annual savings of SEK 20 million with gradual increase in earnings from the third quarter

4 Goodwill Impairment test motivated a SEK 125 million goodwill and SEK 10 million brand value write off for Finland in Q2 Total remaining intangible fixed assets regarding Finland SEK 125 million Total goodwill value on 30 June in Cybercom is SEK 802 million SEK 647 million in Cybercom Sweden SEK 98 million in Cybercom Finland SEK 19 million in Cybercom Denmark SEK 38 million in Cybercom Singapore

5 Sales & EBITDA RTM

6 Q2 observations Swedish IT-market has improved with increasing demand Growth in the security business with high price levels A positive trend on recruitments turning back to net growth in Sweden OH-ratio and cost levels down Finnish i IT-market impacted by changes in the telecom sector Development trends in the Finnish market are similar to the Swedish, but the Finnish IT-market is more mature when it comes to IT as a service and outsourcing, driven by cost efficiency that will help the IT market growth Breakthrough in Finnish public sector for Cybercom Danish market is last to recover and still faces recession issues, but slowly picking up Positive development in Cybercom Poland onshore as well as nearshore Net growth in Chengdu office, increase of Android competence

7 Sales by sector Major customers Alma Media Group, Ericsson, H&M, IKEA, Millicom, SAAB, Sony Ericsson, TeliaSonera and Volvo. New customers Skapat Energy, Outotec t and Tkl Tekla in Finland, Gambro, Högskolan i Halmstad, Ljungby kommun, Länsstyrelsen Östergötland in Sverige, Infor and Rossman in Polen, China Telecom and Dialog Sri Lanka China Telecom and Dialog Sri Lanka 21% Largest customer is 12% (16) of sales 10 largest customers is 45% (54) of sales Frame agreement s is 54% (62) of sales Public, industry, incl automotive and energy as well as media are growth markets for Cybercom s sales 5% 3% 3% 5% 17% 45% Telecom 45% Industry 21% Public Sector 19% Media 5% Banking & Finance 3% Retail 3% Other 5%

8 Business highlights Q2 LTE outsourcing for leading telecom company Improving network for Cellular One Arizona Cybercom is delivering bluego, our third generation Bluetooth software framework for hands-free systems, to PLDS Automotive. The system, using bluego, is installed in about 1.5 million cars annually. Chief Information Security Officer (CISO) for two large Swedish organisations IT Forensics for large international bank FMV Teledriftcentral Traffic analysis and monitoring for Android devices for China Telecom Development for Peas and Understanding Develop Rovdjursforum for Naturvårdsverket

9 New management CEO Finland Sweden Denmark International CFO & Communication Manager Romania India Board meeting

10 Segment Sweden SEK million Q Q Sales Employees 1,006 1,009 EBITDA EBITDA, % -0.3% 03% 64% 6.4% Project write-downs concerning a customer in Automotive ti Restructuring cost of SEK 11.5 million Decreased OH-ratio High demand d in the security business Many new customers in public sector Net growth in June

11 Segment Finland SEK million Q Q Sales Employees EBITDA EBITDA, % -3.8% 38% 10% Restructuring cost of SEK 9.7 million Hardware design closed and test projects transferred to Romania Office in Hyvinkää closed Max 50 consultants in Finland, 30 in China, 40 in Romania Focus on industry, media and public sector Recruiting in Helsinki

12 Segment International SEK million Q Q Sales Employees EBITDA EBITDA, % -17.7% 7% -6.8% Project write-downs concerning a telecom customer in China High demand for Android applications and positive recruitment in Chengdu Decrease of two major telecom management projects in Africa, however, two new assignments and broadening customer base Danish market is picking up has had some challenges in utilisation Positive development in Poland with all time high in June

13 Looking ahead Re-structuring actions in the Nordics enables improved profitability Q3 and onwards New management structure enables business synergies and cross-border sales in the Nordics Focus on increasing Global Sourcing with an international delivery capacity that over time will be through fewer and larger international units Continue to optimise the Group structure for increased efficiency Focus on recruitment and employee retention in the Nordic capitals with an ambition to get net growth in

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