Press Release
VELIZY-VILLACOUBLAY, France — July 9th, 2024

Dassault Systèmes Provides Preliminary
Second Quarter 2024 Results and Full Year Outlook
Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) announces today preliminary
non-IFRS unaudited financial results for the second quarter ended June 30th, 2024 with total
revenue below the Company’s financial objectives while earnings per share (EPS) are in line withsecond quarter objectives. The Company will release its second quarter results on July 25th, 2024
as previously disclosed. In addition, Dassault Systèmes will hold a conference call today todiscuss preliminary results at 1:00 PM London time/ 2:00 PM Paris time/ 8:00 AM New York time
as stated below.
Preliminary financial results for the second quarter are presented on a non-IFRS basis to facilitate comparison to theCompany’s financial objectives which are given on a non-IFRS basis. The preliminary and unaudited non-IFRS financial
information which follows is based upon initial closing information and is subject to further review. Non-IFRS figures
for revenue, operating income, operating margin, net income and diluted earnings per share, exclude the effect ofadjusting the carrying value of acquired companies’ deferred revenue, share-based compensation expense and relatedsocial charges, the amortization of acquired intangible assets and of tangibles reevaluation, certain other operating
income and expense, net, including impairment of goodwill and acquired intangibles, the effect of adjusting lease
incentives of acquired companies, certain one-off items included in financial revenue and other, net, and the income
tax effect of the non-IFRS adjustments and certain one-time tax effects.

Preliminary 2024 Second Quarter Versus 2023 Financial Comparisons1(unaudited, non-IFRS and all growth rates in constant currencies unless otherwise noted)
Total revenue estimated at €1.495 billion in the second quarter, or y/y growth ofapproximatively 4%, versus Company guidance in the range of €1.525 to €1.555 billion;

Revenue shortfall estimated at €30 million, mainly due to large transaction delays;Diluted EPS estimated at €0.30, in line with objective of €0.30 to €0.31;

Updating FY 2024 objectives to integrate volatility factors with total revenue growth now
expected in the range of 6% to 8% and diluted EPS growth now expected in the range of8% to 11% y/y.

1 IFRS Total revenue estimated at €1.495 billion; IFRS EPS estimated at €0.21.

1

Pascal Daloz, Dassault Systèmes’ Chief Executive Officer, commented:“Our preliminary second quarter revenue came in below the guidance by about €30 million, or2%, due to large transaction delays. While we apologize for this shortfall, I want to confirm mycommitment to Dassault Systèmes’ long track record of delivering results in accordance with ourguidance.
Although second quarter pipeline permitted to deliver on our initial guide and the need for oursolutions remains strong, we have observed cautiousness in customer signings in a complex
geopolitical environment.
Importantly, all deals that have been delayed are still in our roadmap for future quarters. However,
we anticipate that a certain volatility in customers’ decision-making will continue and consequently
believe it is prudent to reflect this in our full year outlook.”

Rouven Bergmann, Dassault Systèmes’ Chief Financial Officer, commented:“As we want to continue our long-lasting track record of delivering results according to plan, we
have decided to reduce the risk of our back-end loaded year by adjusting our 2024 total revenue
guidance growth to now 6% to 8%, versus 8% to 10% previously, and diluted EPS in the rangeof 8% to 11%, versus 10% to 12% prior.
We will be taking the necessary actions to balance between operating efficiency and investments
in long term growth, while preserving EPS.
We will conduct a conference call today at 2 PM CEST / 8 AM EST to discuss this update. At thesame time, we confirm our Earnings Call on July 25th, 2024, as planned, where we will present
and discuss the financial results of second quarter in more detail.”Today’s Conference Call Information
Today, July 9th, 2024, Dassault Systèmes will host a conference call at 1:00 PM London time /2:00 PM Paris time / 8:00 AM New York time. The conference call will be available online byaccessing http://www.3ds.com/investors/.
The Company will return to its pre-release quiet period beginning this evening, July 9th, 2024 andwill have no further comments on its financial results until it releases its second quarter and yearto-date 2024 financial results on July 25th, 2024.

FOR MORE INFORMATION
Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up andProduct Lifecycle Management (PLM) solutions: https://www.3ds.com

2Connect with Dassault Systèmes on

ABOUT DASSAULT SYSTÈMESDassault Systèmes is a catalyst for human progress. We provide business and people with collaborative
virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the realworld with our 3DEXPERIENCE platform and applications, our customers can redefine the creation,production and life-cycle-management processes of their offer and thus have a meaningful impact to makethe world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy
for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than
350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit
www.3ds.com
Dassault Systèmes Investor Relations TeamFTI Consulting

Beatrix Martinez: +33 1 61 62 40 73

Arnaud de Cheffontaines: +33 1 47 03 69 48
Jamie Ricketts : +44 20 3727 1600

investors@3ds.com
Dassault Systèmes Press Contacts
Corporate / France

Arnaud MALHERBE

arnaud.malherbe@3ds.com+33 (0)1 61 62 87 73© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA,CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS arecommercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated
under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its approval.

3