Presentation of the results for the first quarter of 2019 Capital - - PowerPoint PPT Presentation

Presentation of the results for the first quarter of 2019 Capital Group Votum

Strategy

The Company's strategy focuses on offering innovative solutions to consumers of the financial services market enabling them to pursue their claims. The operating model is based on the use of economies

• f scale and far-reaching specialization in terms of both the subject
• f the service and the stages of its implementation. This model is

implemented by appointing specialized units in individual segments. The sales strategy envisages the diversification of revenue sources, reacting to the dynamically changing market situation, both due to emerging new market

• pportunities

and legal risks. The diversification

• f

the sales activity also concerns customer acquisition channels. Considering the specifics of individual segments and group of clients, these channels are multi-level direct sales structures, specialized sales representatives, call centers and the Internet. The company also recognizes the possibilities of development in the claims for personal injury segment through the continuation of foreign expansion.

Business segments Presentation of the Capital Group

CG VOTUM

Claims for personal injury Claims for car damages Claims for bank contracts

Votum S.A., Votum Odszkodowania S.A., Kancelaria Adwokatów i Radców Prawnych

• A. Łebek i Wspólnicy sp. k.

Dopłaty Powypadkowe S.A. Biuro Ekspertyz Procesowych sp. z o.o. Robin Lawyers S.A. Bochenek i Wspólnicy Kancelaria Radców Prawnych sp.k.

PCRF VOTUM S.A. sp.k., Ukraińsko - Polskie Centrum Rehabilitacji VOTUM sp. z o.o., Centrum Medycznej Oświaty sp. z o.o.

Law Stream sp. z o.o. PCRF VOTUM S.A. DSA Investment S.A., Protecta sp. z o.o., Redeem sp. z o.o. VOTUM Centrum Odškodnění, a.s., Kancelaria Prawna VIDSHKODUVANNYA sp. z o.o., Mędrecki & Partners Law Office sp.k.

Rehabilitation services

Business segments

10000 20000 30000 40000 50000 60000 70000 80000 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Injured in traffic accidents in the years 1999 – 2018* 1000 2000 3000 4000 5000 6000 7000 8000 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Victims of transport accidents in the years 1999 – 2018*

348 362 407 436 436

300 600 2014 2015 2016 2017 2018

Number of road collisions 2014 - 2018 (thousand)*

8422 957 939 2677 3024 2657

25000 50000 75000 100000 125000 150000 175000 200000 225000

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

The number of mortgages covered by currency risk in the years 2006 – 2017**

**Source: Raport Najwyższej Izby Kontroli KBF.430.001.2018; Nr ewid. 33/2018/P/17/111/KBF –

• chrona praw konsumentów korzystających z kredytów objętych ryzykiem walutowym

*Source: http://statystyka.policja.pl/st/ruch-drogowy/76562,Wypadki-drogowe-raporty-roczne.html

Business segments Number and value of cases

* The chart does not take into account cases identified as „other" (damage to real estate, inheritance of claims from OFE, material damage based on success fee) and applies only to matters positively verified and registered in the Company's IT system

As at March 31, 2019, the Company maintained 10 591 cases in pre-trial proceedings. The total value of estimated and reported claims to obliged entities was PLN 599,799,267. 4525 (43%) 4543 (43%) 883 (8%) 640 (6%) Number of pre-trial cases as at 31 March 2019 by type of cases 274 (46%) 297 (49%) 5 (1%) 23 (4%) The value of pre-trial cases as at 31 March 2019, by type of cases (in PLN mln) 5325 (50%) 1596 (15%) 3423 (32%) 373 (3%) Number of trial cases as of 31 March 2019 by type of case* 331 (79%) 55 (13%) 20 (5%) 11 (3%)

The value of litigation as at 31 March 2019, by type of cases (in PLN mln)

* Caces in which an action has been brought or is being prepared

As at March 31, 2019, the Company maintained 10,717 cases in litigation. The total value of the subject of litigation of estimated and reported claims to obliged entities was PLN 416,461,935.

personal injury banking material damage (assignment of receivables)

• ther

2498 1894 1694 1440 1336 966 940 898 1038 1152 1696 980 200 487 1310

1000 2000 3000 4000 5000 6000

IQ2018 IIQ2018 IIIQ2018 IVQ2018 IQ2019

The number of registered cases from IQ2018 to IQ2019*

3798 2965 2792 3814 5160

CG VOTUM – comparison of selected financial data for 1Q 2019 to 1Q 2018 (thou. PLN) Financial and operational results

Profit and Loss Account 1Q 2019 1Q 2018 Sales revenues 31 073 26 128 Operating expenses 26 131 23 517 Profit on operating activity 4 842 2 628 Net profit 4 178 1 865 Operating expenses 1Q 2019 1Q 2018 Depreciation 482 864 Usage of materials and energy 477 698 Other services (mainly the salary of co-workers) 17 844 12 744 Salary 5 078 6 343 Social security and other benefits 809 1 205 1Q 2019 1Q 2018 Profit form sales 4 942 2 611

Revenues from bank contracts at Votum S.A – 3,9 mln PLN; consolidation of revenues from DSA Investment S.A.

Profit increase by 124%

A decrease in costs by over 220

• thou. PLN –

continuation of digitization processes; reduction of fuel costs Decrease in payroll costs by 33% at the end of March 2019 – change in the employment structure,change of the cooperation model in the internal sales network Change in the employment structure; increase resulting from the increase in revenues

Increase in operating profit by 84% Fleet sale

CG VOTUM – cash flow (thou. PLN) Financial and operational results

h

1Q 2019 1Q 2018

Net cash flow from operating activities 3 919

• 56

Net cash flow from investing activities

• 1 653

394 Net cash flow from financing activities

• 1 264
• 1 397

Net cash flow together 1 002

• 1 059
• n 31.03.2019
• n 31.12.2018

Cash 10 054 9 052

Payment for the purchase of shares in DSA Investment S.A.

• 2 000
• 1 000

1 000 2 000 3 000 4 000 5 000

1Q 2019 1Q 2018

Dividend policy

03.06.2019 r. – resolution of the Votum SA Management Board of the dividend payment policy for 2019-2021

➢ The Management Board of VOTUM S.A. based in Wroclaw will be recommended depending on the economic situation of the Company:

a) payment of net profit to shareholders in the form of a dividend or acquisition of own shares as a result of an offer addressed to all shareholders (buy-back) as follows: i. the dividend or buy-back will be from 25% (twenty five percent) to 50% (fifty percent) of the net profit of the VOTUM Capital Group allocated to the parent company, however, not more than 100% of the net profit of Votum S.A., ii. the calculation method of the final value of the dividend to be paid will consist in converting the dividend into the amount per share and rounding the result down to full gr, iii. the calculation method of the final value of funds allocated for the acquisition of own shares as a result of the offer directed to all shareholders (buy- back) will be analogous to the method of calculating the value of funds allocated to the dividend, b) allocation of all or part of the net profit to the reserve capital created for the payment of the dividend. ➢ The dividend payment policy will concern net profits generated in 2019, 2020 and 2021 respectively.

Thank you for your attention

Justyna Halaś - Director of the Legal and Compliance Department phone: 504 759 408 Kacper Jankowski – Director of the Banking Department phone: 518 616 454 fax: 71 33 93 403 e-mail: inwestorzy@votum-sa.pl twitter.com/votumsaodszkodo www.votum-sa.pl www.ri.votum-sa.pl