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Value Portfolio

Value Portfolio Turnover grew 7% YoY, mainly driven by domestic operations

Turnover

Value Portfolio – Turnover

40% of the Value Portfolio Turnover was generated outside Portugal.

Sound EBITDA margin despite YoY decline

EBITDA

Value Portfolio – EBITDA

Incorporates central structure impacts and some “COVID-effects” on IT Staffing business outside Portugal (due to localised stringent lockdowns).

Talent pool of 772 employees

AVERAGE NUMBER OF EMPLOYEES (1)

Value Portfolio – Average number of employees

Holding and shared services represented 82 employees in 2020 (versus 89 in 2019).

(1) Excluding GTE Business and COLLAB.