GEMPLUS Company Profile DTIP May 10 JPGLOTON senior VP GEMPLUS

AGENDA Company Profile IPO , history and requirements

Positioning Service Operator System Integrator End User Smart Cards & Module Smart Cards & Smart Objects Operating System Hardware Support Services Application Provider Technology Integrator End User Service Operator System Integrator

At the Crossroad of Information Age Communication Wireless Digital Interactive Multimedia Computers Personal Light Easy-to-use Connected Commerce On Line At Home Customized Global Content Digital Compressed Accessible Affordable

Gemplus : Total Revenue - 1,000 - 900 - 800 - 700 - 600 - 500 - 400 - 300 - 200 - 100 - 0 817 Americas 15% + 31% 648 1999 revenue split EMEA 66% ASPAC 19% Recognized Leader of the Smart Card Industry with 37% Market Share * 1 $ = 6,1567 FF for 1999 6

IPO /GEMPLUS WHEN ???? At start up level ?? To finance some external acquisition?? When stock market is in good shape? to establish stronger partnership?  All reasons are GOOD , but , but, but ,…. THE BOARD and MANAGEMENT TEAM have to be PREPARED and READY !!!!

Key parameters for IPO Good knowledge : MARKET and COMPETITION A COHERENT TEAM, very PROFESSIONNAL Clear POSITIONNING and DEVT STRATEGY FINANCE ANALYST with clear communication

Smart Card Market Forecast Market (Mu) 1997 2003 CAGR PubTel 684 3270 30% Wireless 69 760 49% Banking 49 690 55% Loyalty 22 320 56% 2003 Health 16 210 54% Pay TV 12 150 52% Transport 8 240 77% Gaming 2 70 78% Access Control 10 260 72% 1997 Identity 2 50 71% Information Tech. 1 120 142% Other 24 170 38% TOTAL 900 6310 38%

IPO ,Why??? Cash for investment Worldwide « reputation » Clear financing communication share holders benefit employees benefit customers and suppliers confidence acquisition currency