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Create Your Way Forward We Believe the Future Belongs to Augmented Organizations

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Create Your Way Forward We Believe the Future Belongs to Augmented Organizations Create your way forward We believe the future belongs to Augmented Organizations To become one, companies need a path into the future. They need a way forward. At Globant we help you create your way forward Investment highlights Pure play in the digital Global presence, leveraging and cognitive space next-gen software and the right talent and skills Organized by Studios, delivering Strong set of Accelerators domain expertise in emerging that leverage AI and other technologies technologies to reinvent key aspects of organizations Proven ability to acquire and Recurring and blue-chip integrate complementary, bolt-on customer base acquisitions Experienced and founder led Rapid revenue growth and management team industry leading margins 4 Globant Recognized as a Worldwide Leader in CX Improvement by IDC MarketScape Globant Recognized as a Worldwide Leader in CX Improvement by IDC MarketScape report IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and SOURCE: IDC MarketScape: Worldwide Customer Experience business execution in the short-term. The Strategy score measures alignment of 5 vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market Improvement Services 2020 Vendor Assessment, by Douglas Hayward, share is represented by the size of the icons. Copyright IDC 2020. September 2020, IDC #US45658220 Market Opportunity Resilient Business Model On top of ongoing digital trends, the By 2023, the global economy will reach current pandemic has proven that digital supremacy. Products and services digital transformation is imperative from digitally transformed enterprises will for any business: account for half of global GDP. Enterprises not able to compete in the digital portion of ● Organizations need to accelerate their the economy will miss out on half of the digital transformation opportunities in their core markets. Source: IDC FutureScape 2020 ● As a pure play, we believe we are extremely well positioned to help Already, 70% of companies had a digital companies adapt to the new reality transformation in place or were working on and thrive leveraging our Studio Model one, but it seems most companies were and Agile Pods methodology not far enough along to make COVID-19 a ● Proven experience in executing non-issue. through distributed and remote Source: Forbes - Is COVID-19 Forcing Your Digital Transformation? 12 Steps To Move Faster working teams 6 60% $ 80B $ 7T Artificial Intelligence Revenue Digi-Capital forecasts that By 2022, 60%+ of is expected to grow at a 60% AR/VR could reach $80 global GDP will be billion to $90 billion by 2023 digitized, with growth CAGR through 2025. in every industry and Source: IDC's Digital Economy Model, 2019 Source: Digi-Capital almost $7 trillion in IT-related spending in 2019–2022. 150M Source: IDC FutureScape: Worldwide IT Industry 2019 By 2022, over 50% of security alerts will be handled by AI-powered Predictions automation, and 150 million people will have blockchain-based digital identities. Source: IDC FutureScape: Worldwide IT Industry 2019 Predictions 500M 25% From 2018 to 2023, 500 million new By 2022, 25% of endpoint devices and logical apps will be created, equal to the systems will execute AI algorithms. number built over the past 40 years. Source: IDC FutureScape: Worldwide IT Industry 2019 Source: IDC FutureScape: Worldwide IT Industry 2019 Predictions Predictions 7 YoY: 23.5% Revenue Trajectory ($M) This is GLOBANT 814 2021 CAGR 26.4% 17,250+ 659 2015 employees 522 2010 5,000+ 413 323 1,000+ 254 200 2014 2015 2016 2017 2018 2019 2020 Case Studies & Recognitions 2006 2009 2014 2016 2017 2019 2020 2021 2003 Signed Studios Listed on SOP Recognized as a 2017 BeKind Recognized as a Will Founded Google launched NYSE Launched Worldwide Leader of Launched 2020 Worldwide achieve Digital Strategy Leader in CX carbon Consulting Services Improvement by IDC neutrality by IDC MarketScape MarketScape report report 8 Some of the clients we work with: 9 Our Innovative Solutions Metropolitan Police OpenBank To improve public Creating the first true access to the digital bank offering a Metropolitan Police, we highly personalized, helped build an online exclusively digital system to reduce banking. response times by 44%. Autodesk Rockwell EA Automation Leveraging AI and machine learning to Partnering with EA to Reinventing the way the provide insights for bring co-development industry is serviced, construction companies, to the next level for creating new and more such as automatically FIFA, UFC, NHL and modern tools to achieve predicting potential health other AAA games. faster and better results. and safety issues. Travel industry Disney Creating a completely Engineering the new experience for air digital travelers, allowing the transformation for customer a unique one of the largest journey while reducing amusement parks in their operating costs. the world 10 Engaging Experiences We apply a Sustainable Business Strategy future centric approach that unleashes the Adaptive Organizations potential of 6 core strategic pillars that transform organizations Augmented Capabilities from stagnant to augmented. Technology & Data Culture & Agility 11 Sustainable Business Strategy Culture & Agility Our Studio model fosters creativity and innovation. Engaging Experiences Under the umbrella of each of our Technology And Data pillars, our studios exist to create a way forward. They are deep pockets of expertise on the latest technologies and trends that deliver tailored solutions for specific challenges. Adaptive Organizations 12 Our PODs and processes enable our clients with the capabilities they need to create their way forward. Our Agile Pods Model aims to better align business and technology teams. They’re driven by a culture of self-regulated teamwork and collaboration that accelerates the transition from a reactive to a self-standing Augmented Organization. 13 We do it with our AI accelerators and disruptors that are intelligently crafted to reinvent key aspects of organizations, creating a way forward in unimaginable ways. 14 ABOUT GLOBANT Luxembourg i Canada UK Belarus Our global, Germany Spain Romania diverse, and United States France inclusive Mexico India talent pool Colombia We take pride in our people, and Singapore we’re fully aware that they are our Brazil biggest strength. Peru Uruguay That’s why we work hard at growing our family of diverse, Chile Argentina inclusive, and highly educated IT professionals. Total Headcount Geographic dispersion (%) Q4’14 Q1’21 Argentina Argentina Colombia Colombia 50 36 18 Other LatAm Other LatAm offices Cities Countries USA & Europe India US & Europe 15 Global delivery model Total Headcount Geographic dispersion (%) Country Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Mar-21 Argentina 69 57 49 39 34 30 30 28 Colombia 8 11 15 21 25 27 23 23 Along our journey, we Mexico 4 6 7 9 10 11 12 12 have diversified our India - 9 8 10 12 10 11 12 talent base to build a Chile - 1 2 2 3 4 5 5 strong global presence USA 5 5 8 9 7 5 4 4 Peru 2 1 1 1 1 5 4 4 Uruguay 11 8 8 6 5 4 4 4 Brazil 1 1 1 1 1 2 3 3 Spain - - 1 1 1 1 1 2 UK - - 1 1 1 1 1 1 Romania - - - - 1 1 1 1 Belarus - - - - 1 1 1 1 16 ESG Approach Our purpose is to make the world a better place, one step at a time. Integrated Report published annually. Committed with six SDG’s. Ranked at DJSI. Silver recognition level at Ecovadis. Be kind is our Sustainability strategy for the next years. Note: SDG: Sustainable Development Goals. DJSI: Dow Jones Sustainability Indices. 17 10 ESG Approach Governance ● Board of Directors: Consist of 9 Data Privacy & Security members which are elected on a staggered basis. 1/3 of the directors ● Work in progress to comply with being elected each year. GDPR, CCPA, LGPD and the laws of all geographies where Globant has ● Code of business conduct and ethics: a presence. Published in our website, also with our ● whistleblowing contacts, the Annually published the Anti-Bribery and Anti-Corruption Policy, Sustainability Accounting and our Modern Slavery Statement. Standards Board (SASB) activity metrics 18 We create our own way forward in a sustainable way. We aim to reach 50% women and non-binary gender in management positions by 2025. We want to inspire 15,000 women in technology by 2025. Since 2020, we have been using 100% renewable electricity. By the end of 2021, we aim to become carbon neutral. Reinventing our Industry to make a positive impact: ● Ethic AI ● Digital Sustainability Financial review 20 At a Glance Global Delivery Model 50 offices in 36 cities throughout 18 countries Key Statistics Headcount Distribution (as of Mar’21) $892.7M 26.4% $64k Argentina LTM Q1’21 total 2014 – 2020 LTM Q1’21 annual Colombia Revenue Revenue CAGR Revenue per IT Professional Other LatAm India 39.6% 16.6% 17,250+ Q1’21 Total Employees Q1’21 US & Europe Adj. Gross Adj. Profit from as of Mar 31, 2021 Profit Margin Operations Margin Percentage Percentage 1% Revenue by Geography (Q1’21) North America 860 139 90% LTM Q1’21 Total of LTM Q1’21 Revenue LatAm and Others LTM Q1’21 Active Customers Customers with came from Existing Europe Served over $1M in Customers in LTM Q1’20 Asia Annual Revenue Note: Adjusted Gross Profit Margin Percentage excludes depreciation and amortization and share-based compensation expense. Adjusted Profit from Operations Margin Percentage excludes share-based compensation expense, impairment of assets and acquisition-related charges.
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