Q1 2024
Performance

BezonsApril 25, 2023
© AtosDisclaimer
This document contains forward-looking statements that involve risks and uncertainties, including references,concerning the Group's expected growth and profitability in the future which may significantly impact theexpected performance indicated in the forward-looking statements. These risks and uncertainties are linked tofactors out of the control of the Company and not precisely estimated, such as market conditions or competitor'sbehaviors. Any forward-looking statements made in this document are statements about Atos’s beliefs andexpectations and should be evaluated as such. Forward-looking statements include statements that may relate to
Atos’s plans, objectives, strategies, goals, future events, future revenues or synergies, or performance, and otherinformation that is not historical information. Actual events or results may differ from those described in thisdocument due to a number of risks and uncertainties that are described within the 2022 Universal Registration
Document filed with the Autorité des Marchés Financiers (AMF) on April 21, 2023 under the registration numberD.23-0321 and within the 2023 Consolidated financial statements published by Atos SE on March 26, 2024. Atosdoes not undertake, and specifically disclaims, any obligation or responsibility to update or amend any of theinformation above except as otherwise required by law. This document does not contain or constitute an offer of
Atos’s shares for sale or an invitation or inducement to invest in Atos’s shares in France, the United States ofAmerica or any other jurisdiction.
This document includes information on specific transactions that shall be considered as projects only. In particular,
any decision relating to the information or projects mentioned in this document and their terms and conditions will
only be made after the ongoing in-depth analysis considering tax, legal, operational, finance, HR and all otherrelevant aspects have been completed and will be subject to general market conditions and other customary
conditions, including governance bodies and shareholders’ approval as well as appropriate processes with therelevant employee representative bodies in accordance with applicable laws.
Revenue organic growth is presented at constant scope and exchange rates.
Regional Business Units include Americas including North America (USA, Canada, Guatemala and Mexico) andSouth America (Argentina, Brazil, Chile, Colombia, Uruguay, and Peru), Northern Europe and APAC including
Northern Europe (United Kingdom & Ireland, Belgium, Denmark, Estonia, Belarus, Finland, Lithuania, Luxembourg,
The Netherlands, Norway and Sweden) and Asia-Pacific (Australia, China, Hong Kong, India, Japan, Malaysia, New
Zealand, Philippines, Singapore, Taiwan, Thailand and South Korea), Central Europe (Austria, Bosnia andHerzegoniva, Bulgaria, Croatia, Czech Republic, Germany, Greece, Hungary, Israel, Poland, Romania, Serbia,Slovenia, Slovakia, and Switzerland), Southern Europe (Andorra, France, Italy, Portugal, and Spain) and Rest of theWorld including Middle East & Africa (Abu Dhabi , Algeria, Benin, Burkina Faso, Egypt, Gabon, Ivory Coast, Kenya,Lebanon, Madagascar, Mali, Mauritius, Morocco, Namibia, Qatar, , Kingdom of Saudi Arabia, Senegal, South Africa,Tunisia, Turkey and UAE), Major Events and Global Delivery Centers.

2| 25-04-2024 | © Atos

Today’s presenters

3PaulSalehCarlod’Asaro Biondo

Jacques-Françoisde PrestGroup CEOGroup COO

Group CFO| 25-04-2024 | © AtosAgenda1.

Q1 2024 Highlights

2. Q1 2024 Performance
3. Financial update
4. Q&A4| 25-04-2023 | © Atos

Q1 2024 highlights

2024 Revenue €2,5 billion, down -2.6% organically reflecting
1 Q1• Continued softness in Americas and the UK in Eviden;•Lower scope of work with certain clients in Americas and Central Europe in Tech Foundations

2 Order entry of €1.6bn for a book-to-bill of 64% reflecting delays in contract awards
Margin of €48 million or 1.9% of revenue
3 Operating• Eviden at 1.9% and Tech Foundations at 2.0%

45

Cash position* of €1.0 billion as of March 31, 2024 and net debt position of €3.9 billion,
reflecting €1.3 billion reduction of working capital actions compared with December 2023

| 25-04-2023 | © Atos*: cash & cash equivalent and short term financial assets

Q1 2024 highlights

5 Implementation of the €450m interim financing in progressplan presented on April 9 to be adjusted to reflect current
6 Businessbusiness performance and trends.

- Update to be communicated to the market in the coming days
proposal deadline extended to May 3
7 Refinancing- Allowing all stakeholders time to incorporate new information- July 2024 target date to reach a refinancing agreement unchanged

6| 25-04-2023 | © Atos

Q1 2024 performanceGroup*

Eviden*Tech Foundations*€2.479 m€1.164 m€1.314 m

-2.6%

-3.9%

-1.5%

Order entry€1.586 m€966 m€620 mBook-to-bill

64%

83%

47%

Operating margin

€48 m

€22 m

€26 m

OM%

1.9%

1.9%

2.0%

Revenue

Organic evolution

7| 25-04-2023 | © Atos*: unaudited figures

Eviden order entry in Q1:
improved commercial activity in high-performance computing

83%

104%

Q1 Eviden book-to-bill

Q1 BDS book-to-bill
Q1 main wins

8GermanFederal Office

EuropeanParliament

Accelerating digitaltransformation
processes, meeting
all applicable legal
requirements.

Implementation& maintenanceof the SAP-based
financial information system| 25-04-2023 | © Atos

AI supercomputer designed forlarge-scale AI projects withhighest level of security tosupport Danish data sovereignty.

Major extension
to the capacity of
the Jean Zay
supercomputer

Expansion of
Santos Dumont
supercomputercapacity by 4 times

Tech Foundations order entry in Q1: impacted by contract decisions
delay, particularly in the public sector

47%
Q1 2024 book-to-bill
Q1 main wins
Asian bankGovernmental entity in Egypt

3-year extension for
mainframe upgrade
services in Asia Pacific
RENEWAL

Provide and implement smart
campus networks in order tofacilitate seamless communication,
high-speed connectivity, andintelligent data managementNEW| 25-04-2023 | © Atos

6-year managed services
contract to migrate the clientfrom on-premise system to a
cloud-based Atos solution, for
the Next Gen 911 call handling
NEWQ1 2024 Group organic growth and revenue by regional business unit
YoY Organic evolution

Revenue Mix
Others3%SouthernEurope+0.7%

Americas-7.5%SouthernEurope
23%

Americas22%€2.5bnCentralEurope-3.8%

10| 25-04-2023 | © Atos

Northern
Europe & APAC

-3.2%

CentralEurope
22%

Northern
Europe &APAC
30%

Q1 2024 Group organic growth and revenue by regional business unit
YoY Organic Growth

EvidenMid-single digit growth:Southern
Europe+0.7%

CentralEurope-3.8%

11| 25-04-2023 | © Atos

Americas-7.5%

Northern
Europe & APAC

-3.2%

• Strong activity in High-Performance
Computing• Growth in Digital benefitting from largecontracts ramp-up in Spain and with amajor European utility company in France
Tech Foundations
Low single-digit decline:• Contract completions with Banking andPublic Sector customers.

Q1 2024 Group organic growth and revenue by regional business unit
YoY Organic Growth
General slowdown in market conditions
Southern
Europe+0.7%

CentralEurope-3.8%

12| 25-04-2023 | © AtosAmericas-7.5%

Northern
Europe & APAC

-3.2%

Eviden:•BDS: Tougher comparison with the prioryear (delivery of a HPC in Q1 ‘23)

•Digital: contract completions and volumedecline in Healthcare and Insurance

Tech Foundations•Contract completion and scope
reductions with select customers

Q1 2024 Group organic growth and revenue by regional business unit
YoY Organic evolution
Eviden:SouthernEurope+0.7%

Slight revenue decline:
Americas-7.5%•Growth in Digital activities in Germanyand Austria•

Lower activities in BDS

Tech Foundations
CentralEurope-3.8%

13| 25-04-2023 | © Atos

NorthernEurope & APAC

-3.2%

High-single digit revenue decline:•Delays in public sector spending

Q1 2024 Group organic growth and revenue by regional business unit
YoY Organic evolution

SouthernEurope+0.7%

CentralEurope-3.8%14| 25-04-2023 | © Atos

Americas-7.5%

Northern
Europe & APAC

-3.2%

EvidenHigh-single digit decline:• Lower demand from Public Sector,
Healthcare and Insurance customers
Tech Foundations
Revenue slightly up:• Contribution from Asia and increased BPO
activity in the UK• Volume decline in the healthcare sector

Q1 2024 revenue bridge
Organic evolution
In €m:

2,806

(16)

2,790

-0.6%

Q1 2023
revenue15| 25-04-2023 | © Atos

Adoption of
new accounting
treatment(agent vs.
Principal)

(67)

(239)
(4)

-2.6%

Q1 2023
revenue(restated)

Organic-8.4%-0.1%

ScopeForeignExchange

2,479

Q1 2024revenueQ1 2024 operating margin-140 bps organic decrease vs prior year
In €m:

3.3%

84Eviden: €22m

1.9%48✓✓✓✓

OM% at 1.9%, down -330 bps organically
Revenue decline year-over-year
Lower utilization of billable resources
Investment in Advanced Computing
Tech Foundations: €26m

✓ OM% at 2.0%, up +50 bps organically✓ Continued execution of the transformation program
Q1 2023 *Q1 2024

*At constant scope and foreign exchange rates
16| 25-04-2023 | © AtosHeadcount evolution+3,079(3,073)(1,504)

95,14093,642(1,159)vs Q1 2023

Headcount as of
31/12/2023

HiringLeavers

Restructuring dismissals &transfers

13% LTM attrition(lowest Q1 over 3 years)
17| 25-04-2023 | © Atos

Headcount as of
31/03/2024

Ongoing amicable conciliation procedure•

Interim financing of €450 million from existing banking group, bondholders and the French Statein progress•

Business plan presented on April 9 to be adjusted to reflect current business performance andtrends•Revisions to the 2024-2027 business plan to lead to an increase in new money needs and to apotential additional debt reduction•Update to be communicated to the market in the coming days

Refinancing proposal deadline extended to May 3 allowing all stakeholders time to incorporate
new information.

••

July 2024 target date to reach a refinancing agreement with financial creditors unchanged

Cash & cash equivalents and short-term financial assets was €1.0 billion as of March 31, 2024•

•18

Net debt position of €3.9 billion, reflecting a €1.3 billion reduction of working capital actions
compared with December 2023

| 25-04-2023 | © AtosAgenda1.

Q1 2024 Highlights

2. Q1 2024 Performance
3. Financial update
4. Q&A19| 25-04-2023 | © Atos

Thank you!
For more information please contact:
David Pierre-Kahn – Head of Investor Relations
david.pierre-kahn@atos.net
M+ 33 6 28 51 45 96

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