Q3 2019 revenue
October 24, 2019

© AtosDisclaimer▶This document contains forward-looking statements that involve risks and uncertainties, including references, concerning theGroup's expected growth and profitability in the future which may significantly impact the expected performance indicated in
the forward-looking statements. These risks and uncertainties are linked to factors out of the control of the Company and notprecisely estimated, such as market conditions or competitors behaviors. Any forward-looking statements made in thisdocument are statements about Atos’ beliefs and expectations and should be evaluated as such. Forward-looking statements
include statements that may relate to Atos’ plans, objectives, strategies, goals, future events, future revenues or synergies, orperformance, and other information that is not historical information. Actual events or results may differ from those describedin this document due to a number of risks and uncertainties that are described within the 2018 Registration Document filedwith the Autorité des Marchés Financiers (AMF) on February 22, 2019 under the registration number D.19-0072 and the 2018
Universal Registration Document filed with the AMF on July 30, 2019 under number D.19-0728. Atos does not undertake, andspecifically disclaims, any obligation or responsibility to update or amend any of the information above except as otherwise
required by law. This document does not contain or constitute an offer of Atos’ shares for sale or an invitation or inducement toinvest in Atos’ shares in France, the United States of America or any other jurisdiction.
▶Revenue organic growth is presented at constant scope and exchange rates.
▶Business Units include North America (USA, Canada, and Mexico), Germany, France, United Kingdom & Ireland,Benelux & The Nordics (Belgium, Denmark, Estonia, Finland, Lithuania, Luxembourg, The Netherlands, Poland, Russia, andSweden), and Other Business Units including Central & Eastern Europe (Austria, Bulgaria, Croatia, Czech Republic, Greece,
Hungary, Israel, Italy, Romania, Serbia, Slovakia and Switzerland), Iberia (Spain and Portugal), Asia-Pacific (Australia, China,Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand), South America(Argentina, Brazil, Colombia, and Uruguay), Middle East & Africa (Algeria, Benin, Burkina Faso, Egypt, Gabon, Ivory Coast,
Kingdom of Saudi Arabia, Lebanon, Madagascar, Mali, Mauritius, Morocco, Qatar, Senegal, South Africa, Tunisia, Turkey andUAE), Major Events, Global Cloud hub, and Global Delivery Centers.
2| October 24, 2019 | © AtosAgenda1.Q3 2019 Highlights
2.Q3 2019 Performance

3.Conclusion and Q&A

3| October 24, 2019 | © Atos

Q3 2019 Highlights

Thierry Breton
Chairman & CEO

Q3 2019 Highlights
Infrastructure & Data Management back to growth fueled by North America as anticipated
Stable revenue in Business & Platform Solutions with soft activity in Healthcare and Financial
Services in North America
Order entry and cost synergies with Syntel continued to materialize as planned

Very strong performance in Big Data & Cybersecurity
led by Cybersecurity services and High Performance Computing
Strong commercial dynamic with a book to bill at 100% with large signaturesin North America and Germany
Acceleration in Atos innovation capabilities:
Opening of 3 Labs of which 2 new Atos-Google Labs, extended HPC performance

Atos confirmed leadership in sustainability as #1 worldwide in Digital industry
on the Dow Jones Sustainability Index
5| October 24, 2019 | © Atos

Q3 2019 key figures

+1.8%

100%

€21.2bn

Organic growthBook to bill

Backlog€2,770m €2,775m
Revenue6| October 24, 2019 | © Atos

Order entry

107,543
Total headcount2019 objectives confirmed

Revenueorganic growth
OperatingmarginFree cash flow

7

| October 24, 2019 | © Atos

+1% to +2%
c. 10.5% of revenue€0.6 to €0.7bn

Moving Atos Labs network towards Artificial Intelligence
2 new Atos-Google labs opened in Q3 in Dallas and Munich, 1 new Lab in Grenoble

UK & Ireland (6)AI, Hybrid Cloud,ImmersiveExperience

France (11)Germany (7)New AI Lab in Q3

New AI Lab in Q3

Advance Computing(HPC, Quantum), Edge,
Hybrid Cloud, AI,
Cyber Security

AI, Cyber Security,Advance Computing (HPC),
Immersive Experience,
Edge

Benelux & The Nordics (5)Hybrid Cloud, AI

North America (4)New AI Lab in Q3

Central & Eastern Europe (3)Hybrid Cloud, AI,
Immersive Experience,
Cyber Security, Advance
ComputingEdge, Cyber Security

Asia (3)South America (1)Immersive
Experience

Intelligent
Automation

Iberia (1)Immersive
Experience, Edge

8| October 24, 2019 | © Atos(x): Number of R&D and Innovation Centers

HPC: targeted investments to further lead theinnovation race
New Generation capabilities to maintain Leadership

Preparing for
Exascale generation

Designing HPC future
platforms extendingcapabilities▶ AI for energy
consumption▶ European Processor
Initiative (EPI)▶ New cognitive and modular
Data Center▶ Low latencyinterconnections▶ Cloud hybridization▶ From Data Center to Edge
computing▶ Quantum evolution with
Atos QLM

Addressing theenergy challenge

9| October 24, 2019 | © AtosHighest recognition levels for Atos’ Corporate
Responsibility & Sustainability
For the 5th year in arow, Atos
recognized bothin the DJSI*World Index andthe DJSI EuropeIndex enabling
GOLD recognition
worldwide*10| October 24, 2019 | © Atos

In 2019, Atos has reached the#1 position worldwide inDigital industry

Climatedimension#1

Socialdimension#1

Q3 2019 Performance

Elie Girard

Deputy CEO & Group CFO

Main wins in Q3 2019

DigitalWorkplace

Next
Generation
9-1-1

Leading
Healthcare
Companyin North
AmericaHybrid Cloud
Migration

S/4 HANA
Implementation

Europeanleading Oil& Gas
CompanyCloud
WorkplaceNew
multi-format
video playersystem

12| October 24, 2019 | © Atos

Cybersecurity
services

Multinational
SoftwareCorporation

BullSequana
Servers

Meteo
Simulation
SystemQ3 2019 Commercial activity dashboard

Order entry€2.8bnBook to bill
100%
87% in Q3 201813| October 24, 2019 | © Atos

Backlog€21.2bn

1.9 year of revenue

Qualified Pipeline€7.2bn
7.6 months of revenue

Constant scope and exchange rates figures
reconciliation
In € million
Statutory revenue
Exchange rates effectRevenue at constant exchange rates
Scope effectExchange rates effect on acquired/disposed perimeters
Revenue at constant scope and exchange rates

Q3 20192,770Q3 2018
2,884
11% change-4.0%

2,770

2,895-4.3%

2,770-181
82,722+1.8%▶ Exchange rates effect positively contributed to revenue for €+19 million mainly coming from theAmerican dollar.
▶ Scope effect mostly related to the restatement linked to the deconsolidation of Worldline, theacquisition of Syntel, and the disposal of some specific Unified Communication & Collaboration activities.

14| October 24, 2019 | © Atos

Q3 2019 performance by Division▶ Infrastructure & Data Management returned to growth in Q3 led by North America▶ Soft Business & Platform Solutions activity in both Healthcare and Financial Services inNorth America▶ Strong growth in all business segments in Big Data & Cybersecurity

In € million

Infrastructure & Data Management
Business & Platform Solutions
Big Data & Cybersecurity
Total* At constant scope and exchange rates

15| October 24, 2019 | © Atos

Q3 2019

Q3 2018*

1,533
1,010
227
2,770

1,521
1,008
193
2,722

Organic
evolution
+0.8%
+0.2%
+17.6%+1.8%

Infrastructure & Data Management▶ Return to growth as expected and fueled by North America▶ Strong order entry led by Germany and North America▶ Continued development of Hybrid Cloud and Transformation Services in all geographies

In € million

Revenue
Organic growthOrder Entry
Book to Bill
Direct headcount
Variation in Q3 at constant scope

Q3 2019
1,533
+0.8%
1,550
101%
43,836-2%

North America
15%
28%

7%

Germany
United-Kingdom & Ireland

9%

Benelux & The Nordics

20%

21%

FranceOther Business Units

16| October 24, 2019 | © AtosInfrastructure & Data Management follow-up

Executing on “back to growth strategies” in line with 3 Year Plan
Securing renewals
and winning more“new”

Hybrid Cloud
growth ahead ofplan

Leading inDigitalWorkplace

4 new large deals each >180M TCV+23% YTD Organic Growth

10 new contracts between 30M and 100M TCV

Modernizing & Migrating

Significant Order
Entry with large tovery large contracts

10 out of 11 renewals >30M TCV

17

North America
back to growth

Accelerating growth in“Other Business Units”

Performed in Q3+5% YTD Organic Growth in “OtherBusiness Units” (CEE, APAC, MEA, …)| October 24, 2019 | © AtosInfrastructure & Data Management in North America
Building on Fundamentals

18

Customer Satisfaction

Increase in Net Promoter Score enabling
new opportunities & securing renewals

Go-to-Market

All go-to-market resources closer toClients and increase of Client Architects

Hybrid Cloud Services

Leveraging Google partnership andHybrid Cloud solutions also with Atos DPC,VMware, Azure and AWS

Digitalization

Growing proportion of projects inDigital (IoT, Cloud, ServiceNow, HANA,
workplace modernization)

Unified Communication& Collaboration

Good momentum in UCC for public safety
services| October 24, 2019 | © AtosBusiness & Platform Solutions▶ Continued strong growth in Digital Transformation projects in all geographies▶ Order entry synergies with Syntel continuing to materialize as planned▶ Impact from Healthcare activities and tensions in Financial Services in North America▶ Cleaning of several low margin Atos legacy contracts in H1 2019In € million

Revenue
Organic growthOrder Entry
Book to Bill
Direct headcount
Variation in Q3 at constant scope

Q3 2019
1,010
+0.2%
970
96%
49,857
-1%

24%

23%

FranceGermany
9%
20%

10%

| October 24, 2019 | © AtosBenelux & The Nordics
United-Kingdom & Ireland

15%

19

North America

Other Business Units

Syntel integration and revenue synergies
New signatures in Q3 and strong pipeline
Syntel clients – High customer
retention rate and good traction on
combined offerings on Cloud andCybersecurity
Focused on driving accountexpansion; 21 deals closed in Q3
by cross selling Syntel capabilities
Land-and-Expand model of Syntel
implemented in 8 Atos clients20| October 24, 2019 | © Atos

Revenue Synergies▪ 21 deals closed in Q3▪

c. $ 255M order entry signed in Q3▪

Total opportunities end of September up to$1.1bn full pipeline
Leading healthcare
customer in North
AmericaLarge aircraft
manufacturer

To provide end-to-end
cloud transformation on
both infrastructure andapplications

Expand our contract byintegrating Atos Syntel
and our proprietary IPSyntBots(Atos customer)(New customer)

Syntel delivery and cost synergies

Account Transformation and Integrated Offerings
Transformation synergies

Process, quality andtools integration

Wave 3 of transition to Atos Syntel completed in Q3
leading to €1.1bn contracts transferred to Atos Syntel
team€30M cost synergies confirmed in 2019 throughimproved operational effectiveness and actions on G&A

Launched Cloud-native Fast Data platform and,- an intelligent digital platform topower customers’ smart applications▶ Development and deploymentof our new integrated
delivery platform KI NxTbringing together bestpractices from Atos andSyntel▶ Piloted in 32 projects in Q3

and now rolling-out since
October 1st21| October 24, 2019 | © AtosBig Data & Cybersecurity▶ Continued strong business trend with double-digit growth in both High Performance Computing
and Cybersecurity services▶ Reinforcement of portfolio offerings with IDnomic acquisition▶ Strong level of hiring in highly skilled people

In € million

RevenueOrganic growthOrder Entry
Book to Bill
Direct headcount
Variation in Q3 at constant scope

22| October 24, 2019 | © Atos

Q3 2019
227+17.6%
255
112%
5,404+2%

26%

32%

FranceGermany

North America
2%

Benelux & The Nordics

8%
9%

United-Kingdom & Ireland
23%

Other Business Units

Big Data & Cybersecurity pursuing growth in allsegments
Cybersecurity of any infrastructure• Cloud security, multi cloud security• International expansion

PrescriptiveSecurity

High-Performance Computing, AI, Big Data,
Edge computing• High-end HPC worldwide• Cloud Infrastructure and High-End servers
Mission critical systems - Secured
Communications - Smart processes• New Generation Command & Control Systems• Communication, surveillance and intelligenceplatforms

23 | October 24, 2019 | © Atos

MissionCriticalSystems& IoT

TrustedIntelligent
Platforms

TrustedBig Data& AI

Q3 2019 performance by Business Unit
▶ Revenue growth in most of the geographies▶ Strong improvement in North America close to stabilization▶ Solid performance in Benelux & The Nordics as well as in Other
Business Units

In € million

North America
Germany
FranceUnited Kingdom & Ireland
Benelux & The Nordics
Other Business Units
Total* At constant scope and exchange rates

24| October 24, 2019 | © Atos

Q3 2019Q3 2018*Organicevolution

681
520
388
393
256
531
2,770

687
516
383
389
242
504
2,722

-0.9%
+0.7%
+1.2%
+1.2%
+5.9%
+5.3%
+1.8%

North America
19%

25%

Germany
France9%

United Kingdom & Ireland
19%

14%
14%

Benelux & The Nordics
Other Business Units

Q3 2019 headcount evolution
First Contact

Highlights (YTD)-81+4,22137,000 new digital certifications-4,280-1,1681,200 new Cyber Security
experts (o/w 40% internal upskilling)
107,543

108,851+IDnomic 110 Security experts
590 Google certified (+ 30% vs. H1)

Headcount as of30/06/19

Scope

HiringLeavers

Restructuring Headcount as of& dismissals
30/09/19

4,430 Employees trained in AtosCodex
7,000+ Project Manager trained on
Agile methodology

25| October 24, 2019 | © AtosConclusion

Thierry Breton
Chairman & CEO

Reminder of 2019 main priorities
Return to growth in H2 forNorth America and forInfrastructure & DataManagement

Successfully integrate Synteland generate synergy plans toimprove Business & Platform
Solutions profitability

Roll out RACE program toincrease operational profitability

Position Big Data &Cybersecurity as a leading
player for the upcomingconsolidation of this segment

Deliver financial objectives in 2019 and confirm 2021 ADVANCE targets
27| October 24, 2019 | © Atos

?
Q&A?

Thank you

Atos, the Atos logo, Atos Syntel, and Unify are registered trademarks of the Atos group.
October 2019. © 2019 Atos. Confidential information owned by Atos, to be used by therecipient only. This document, or any part of it, may not be reproduced, copied, circulated
and/or distributed nor quoted without prior written approval from Atos.