ATOSS SOFTWARE SE INTERIM

Letter to Shareholders

LETTER TO SHAREHOLDERS Growth and stability The desire of companies to unlock their full potential and improve the lives of their employees is also impressively reflected in the Group’s current order book figures. For example, the normal- ized order intake for software licenses increased by 50 percent in the first half of the year, rising to a total of EUR 24.9 million (previous year: EUR 16.6 million). Of this figure, EUR 18.5 million (previous year: EUR 11.9 million) – i.e. 74 percent of all software orders received – was accounted for by Cloud & Subscriptions. By comparison, the share of cloud orders in the 2021 financial year was still languishing at 68 percent. Further implementation of our cloud transformation is thus proceeding on schedule. This is clearly shown in the growth of Annual Recurring Revenue (ARR for short) which consequently increased by 72 percent to EUR 31.9 million (previous year: EUR 18.5 million). The conditions for further growth in the ATOSS Group remain excellent against the background of the digitization deficits in companies described, the ongoing shortage of skilled labor and employees’ growing needs. Combined with its very sound business model, financial strength and predictability of sales continuously enhanced by progress in cloud business, ATOSS remains a role model of stability and profitable growth into the future. After closing the first half of the year with excellent results, we are therefore re-confirming our forecast for the whole of 2022 which was raised at the start of the year. This forecast envisages revenues growth to EUR 110 million. Furthermore, an EBIT margin of at least 25 percent is expected for the year, taking account of the investments planned in the second half of the year, particularly in the sales organization and distribution to open up new markets and in development capacity. The increasing focus on the cloud as well as the Group’s greater global alignment will also secure sustainable growth prospects for the company over the long term. As part of this process, the EBIT margin is expected to rise to at least 30 percent by 2025. With best regards Andreas F. J. Obereder Dirk Häußermann Pritim Kumar Krishnamoorthy Christof Leiber CEO Co-CEO CTO CFO 6 ANDREAS F.J. OBEREDER DIRK HÄUSSERMANN CEO CO-CEO PRITIM KUMAR KRISHNAMOORTHY CHRISTOF LEIBER CTO CFO Facts overview Economic environment The German econo