OVH Groupe : OVHcloud - Présentation du chiffre d'affaires du T3 FY2024 (Anglais)

Q3 FY24 Revenue

June 27 t h , 2024

Forward looking statement

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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 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 not precisely estimated, such as market conditions or competitors' behaviors. Any forward-looking statements made in this document are statements about OVHcloud's beliefs and expectations as of the date of this presentation and should be evaluated as such.

Forward-looking statements include statements that may relate to OVHcloud's plans, objectives, strategies, goals, future events, future revenue or performance, and other information that is not historical information. Actual events or results may differ from those presented in this document due to a number of risks and uncertainties, including those described in the 2023 Universal Registration Document, filed with the French Financial Markets Authority (Autorité des marchés financiers - AMF) on November 20, 2023 under the number D.23-0818 and/or in any future updates, amendments thereof or future Universal Registration Document.

All amounts are presented in € million. This may in certain circumstances lead to non-material differences between the sum of the figures and the

subtotals that appear in the tables.

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Q3 FY24 Revenue

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Q3 FY24 - Key highlights

• Confirmed guidance
• Strong growth in the United States, driven by tech companies
• Good traction from AI and Data Sovereignty
• Resilience in a still challenging macroenvironment in Europe

€737m	+10.1%
9M Total revenue	9M LFL revenue growth

€251m	+9.0%
Q3 Total revenue	Q3 LFL revenue growth

+11.9%	+10.7%
Q3 LFL Public Cloud growth	Q3 LFL Private Cloud growth

Q3 FY24 Revenue

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ShapingStrate icthegoalsFutureto Shape the Future

Be the	Innovate	Deliver	Maximise cash
data sovereignty	for next tech	sustainable &	generation
reference	revolutions	profitable growth

Q3 FY24 Revenue

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Q3 FY24 business highlights

Addressing demand for AI solutions		Fuelling international growth

High utilisation rate of new NVIDIA GPUs

Full AI offering with dedicated solutions

• AI Endpoints: Enhance existing applications with cutting-edge AI APIs
• AI Training, AI Notebooks, AI Deploy: Launch AI workloads effortlessly while leveraging powerful and sovereign infrastructure

Q3 FY24 Revenue

New Datacenter in Sydney

addressing demand and preparing future growth

• 6th datacenter in the Asia Pacific region
• Shell & Core design with proprietary water-cooling technology
• Designed for Public Cloud and high-range Private Cloud servers

Local Zones to grow Public cloud in new geographies with

lowered capital intensity

• 8 Local Zones opened in Amsterdam, Brussels, Dallas, Madrid, Marseille, Milan, Prague and Zurich

• Offering Low Latency, with full control over Data Residency and fuelling International Growth

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Private Cloud

Q3 FY24 performance

€157.6m		63%
Private Cloud		% of Group
revenue		revenue

+10.7%

Private Cloud

LFL growth

Q3 FY24 Revenue

Q3 FY24 highlights

• Rebound of the Bare Metal Cloud business in the US with a strategic focus on tech companies
• Successful strategy of increasing ARPAC when launching a new generation of servers
• Continued traction from SecNumCloud's sovereign offerings, particularly for public administrations with €13m in ARR at the end of Q3 FY24

Selected as one of Broadcom's pinnacle partners

Adaptation of Hosted Private Cloud offerings

& launch of new VMware offerings

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Public Cloud

Q3 FY24 performance

€46.0m		18%
Public Cloud		% of Group
revenue		revenue

+11.9%

Public Cloud

LFL growth

Q3 FY24 Revenue

Q3 FY24 highlights

• Ongoing development of PaaS offerings, with ARR of €19m at the end of Q3 FY24
• Continued enhancement of AI offerings with new NVIDIA GPUs and advanced AI models
• Successful customer acquisition strategy, leading to more customers but slightly lower ARPAC growth

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Webcloud & Other

Q3 FY24 performance

	€47.3m		19%
WebCloud & Other	% of Group
	revenue	revenue

+1.2%

WebCloud & Other

LFL growth

Q3 FY24 Revenue

Q3 FY24 highlights

• Strong Domain names with high level of multi-year renewals thanks to the successful implementation of new User Experience features
• Improved performance of web hosting offerings thanks to refreshed hardware, launched in Q1 FY24
• Webcloud & Other LFL growth excluding Telephony and Connectivity of 4.3% in Q3 FY24

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Q3 FY24 Financials

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Delivering sustainable growth in a challenging environment

	+10.1%
Q3 FY24 reported growth

106%

					Q3 FY24 LFL growth
									+1
							+5
				+15	245	250
				+1.2%
	+2			+11.9%
	230	230		Public Cloud		Webcloud & Other
228	228
		+10.7%		LFL growth			LFL growth

Private Cloud

LFL growth

+9.0%

251

Q3 FY24 Net Revenue

Retention Rate1

Reported data

LFL data

Q3 FY23	LFL adjustments	Q3 FY23	Q3 FY24
(Forex, Scope)

Q3 FY24 Revenue

1. Like-for-like.

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