1. Barry O’Dowd May 23rd 2014 INTERLEGES AGM 2014 - DUBLIN

2. IDA Ireland 2014 Global Reach

3. Current Impact of FDI IDA Portfolio Companies: 515 from the US 166,000 / 280,000 Impact 1,050 Two thirds Business Expenditure on R&D €8 billion €121 €21 billion

4. IDA Business Focus Information Communication Technology Life Sciences Engineering, Industrial & Clean Industries International Financial Services Content Industry, Consumer & Business Services Global Business Services High Value Manufacturing Research, Development & Innovation Food

5. IDA focus across industry segments Leading MNCs 2 nd Tier High Growth Companies

6. 2013 Investments

7. Key Investment Highlights 2013 ………….200 Jobs Dublin Operations Centre ………….100 Jobs Business Services Centre ………….112 jobs - IT Services and Cyber Security Management ………….200 jobs Cork ………….450 jobs Dundalk ………....200 jobs Medical Device Manufacturing Waterford ………….€100m manufacturing investment / 100 jobs Limerick ………….200 jobs, International HQ, Dundalk ………….100 jobs EMEA Headquarters Dublin ………….Engineering Centre, Cork ………….R&D Centres, Cork / Dublin ………….150 jobs EMEA Technical Support Centre, Cork ………….400 jobs European Customer Management Centre ………….700 Jobs at Regional Hub and Centre of Excellence in Dublin ………….New investment of €170m in European Megadata Centre in Dublin ………….150 new technology jobs, Dublin …………300 jobs, Biopharma production facility, Limerick

8. 2014 Investments to date

9. ase of doing Business Ireland’s Value Proposition

10. Evolution and Future of FDI * Illustrative examples only Analytics Financial Services Connected Health Islamic Finance, Financial Technology, Green Finance Big Data Business Intelligence Convergence

11. Why Ireland? Young, highly educated, flexible, mobile workforce (Median age of the population is 35, lowest in EU) Flexible Labour Laws Vibrant Start-up community and events scene Move IP to Ireland early – valuation advantages – IP Valuations have never been lower so lower exit costs should they arise Low corporation tax rate 12.5% Incentives around tax & visas Export orientated, open economy with a pro-enterprise focus Barrier-free access to over 500 million consumers in Europe. Culturally close to Berlin & New York

12. Some Trends …  3D Printing  Wearables  Internet of Things  eVisits  Manufacturing and Reshoring  Services Diversity  Dropbox, AirBnB - $10bn + valuations

13. Financial Services Cluster  80+ leading Global Banks  8 of the top 10 Global Fund Administrators  41% of the Worlds Hedge Funds are serviced from Ireland  No.1 location in Europe for Cross Border Life Insurance  9 of the Top 20 Global Financial Technology Companies

14. Present Life & Reinsurance 2000’s1980’s IT/Processing/SSC 1990’s European HQ, SSC/Tech & Ops; Analytics/R&D Evolution of the International Insurance Cluster 25+ Years Track Record ; Continuous Evolution Life Assurance Gross insurance premium income for Life and Non-life insurance combined was €10,584m in 2012* Major contributor to the Irish economy; -Employment c14,000 at end December 2012 -Fiscal contribution from insurance industry = €1.6bn

15. International Insurance Cluster Evolution – International Centre of Excellence for a range of Life/Non- Life/Reinsurance activities – Functions: Front/Middle/Back Office…… EMEA HQ, Cross Border distribution, Solvency II, Compliance, Governance, Actuarial, Underwriting, Product Manufacture & Distribution; Tech & Ops, Shared Services, Customer Support, Claims Processing, Accounting & Finance; - Insurance Sector leveraging the ICT sector; Source: Insurance Ireland Factfile 2012* Analytics Cyber Security Software Development

16. Competitiveness / Leadership – 1 st in the world for inward investment by quality and value – 1 st in Europe for the number of investment jobs per capita – 2 nd globally for the number of investment jobs per capita The Best Place in the World to do Business

17. Irish Economy - Reasons to be confident …  Exited Bailout  Budget Deficit – right direction  Tourism – Good Growth (8.8%) / Food exports  FDI doing very well  NTMA / Bond Markets  Economic Growth 2% - 2.8%  Property – mixed recovery  Demand is increasing – will create employment  Unemployment decreasing – 58,000 additional jobs (2013)  Emigration is falling  Strategic national importance of FDI continues  General Business Confidence much better

18. FDI Outlook 2014 Part of Irish Economic Recovery Flat European Market / Competition increasing – Importance for FDI Pan-European consolidation investments across all sectors Competitiveness, Property & Skills – crucial in Irelands value proposition Good immediate pipeline in Technology (ICT) Sector, Lifesciences, Financial Services, Digital media / Content, Professional / International Services Opportunity exists to win additional FDI / New forms of FDI 130+ investments in play at any one time Pipeline generation and conversion is a key focus

19. How IDA Ireland can help… 1)Start up assistance & advice for foreign investors 2)Provision of i nformation on tax, skills, education and research programmes, labour law, investment opportunities, operating costs, infrastructure, support services, etc.) 3)Introductions to peer companies, industry groups and educational / research institutions 4)Itinerary planning and execution 5)Property & Office Solutions 6)Provision of grants for investment (Employment and R&D) in select locations 7)Continuous "After Care” support 8)Assistance with visa’s & work permits 9)Single point of c ontact for foreign investors How IDA Ireland Can Help

20. THANK YOU