Sodexo becomes leading player in Sports &

Leisure with the acquisition of Centerplate

Transaction highlights

Centerplate: a North America and UK leading event hospitality provider

Substantially strengthens Sodexo’s position in North America

Positions Sodexo as a leading player in S&L globally

Attractive financial features:

significant synergies potential, competitive valuation, EPS accretion

Key transaction terms

Transaction price based on a consideration of $675m

Combined entity to benefit from significant synergies (both revenues and costs)

gradually ramping-up from the first year

Acquisition expected to be mildly accretive to earnings from Fiscal 2018

All cash transaction financed with on-balance sheet cash and existing credit facilities

Limited impact on Sodexo’s leverage

Deal subject to customary approvals and expected to close by end-2017

Centerplate: A leading event hospitality provider for North America and the UK

Company overview A well diversified portfolio across market segments¹

Food and beverage service provider serving

over 40,000 events and 100m guests annually

in North America, the UK and Spain, in c.250 venues

‒ 4th largest operator by revenues in the United States Sports

& Leisure market

Organized through 3 business lines:

‒ Convention Centers

‒ Sports

‒ Entertainment

Joint venture with ISG to provide food and beverage hospitality

services at Club Atlético de Madrid new stadium

Headquartered in Stamford, Connecticut

with c.30,000 employees

Last twelve months revenues to June 2017: $998 million

Convention Centers

32%

Sports38%

Entertainment22%

UK8%

North America92%

13

4

2

“Best Food and Beverage”5 Years Running, Convene Magazine

#1 NFL ExperienceStadium Journey

“America’s Best Stadium Food”Travel + Leisure Magazine

Recognised expertise – selected awards

¹ 2016 revenue breakdown.

Centerplate: A leading provider of hospitality solutions to convention centers in North America

Business description

Variety of services for 40+ corporate conventions and

associations, including 12 major convention centers

(>350K sq. ft.) in the U.S.

Cater events that range from 50 to over 16,000 attendees

Customers value Centerplate’s bespoke offerings, which

emphasize local cuisine, provide unique experiences

that encourage convention activity & attendance, and spur

local economic development

Serving Convention Centers in 7 of the Top 10 Meeting

Destinations in North America, via CVENT Magazine

Hosts of 36 official U.S. Presidential Inaugural Balls, and

mega conventions for more than 100,000 attendees

Centerplate: A recognized operator in more than 40 sports facilities

Business description

Catering, concessions, merchandising, retail and design

services to more than 40 sports venues (including

professional football, baseball, basketball, hockey and

collegiate sports)

Wide range of events (concerts, trade shows, corporate

functions, etc.) from 2,500 to 80,000 attendees

Service to all non-game day private and special events

at venues

Hospitality provider for 14 Super Bowls, 22 World Series,

multiple NBA and MLS All-Star Games, the NCAA Final

Four, BCS Championship, College Football Playoff and

more than 20 collegiate bowl games.

Centerplate: 125+ entertainment locations served across a wide range of markets

Business description

Provider of wide range of food and related services in

more than 125 entertainment facilities

Facilities include:

‒ Horse racing tracks

‒ Music amphitheatres

‒ Motor speedways

‒ Ski resorts

‒ Aquariums

‒ Airports

‒ Zoos

Centerplate: A major provider to sporting events, entertainment and iconic events in the UK

Business description

Provide services to over 50 premier venues across

England and Scotland

Locations served include UK football (soccer) stadiums,

cricket stadiums, convention centers, and

entertainment venues

In addition, provider of catering and event services for

some of Britain’s leading visitor attractions such as

national landmarks and other heritage destinations

Holder of the exclusive Royal Warrant for Catering

Centerplate and Sodexo: A wide range of tailor-made solutions to better serve Sports & Leisure clients globally

Combined approach to drive unique

positioning in the market and

strengthen client value proposition

▪ Deep consumer and operational

insights

▪ Customised hospitality

experiences

▪ Seamless end-to-end consumer

experience

▪ Full set of self delivered services

Venue sales

and event

management

Hospitality

Catering

Retail food and

merchandise

Premium clubs

and suites

Soft and hard

services

▪Event planning, guest and exhibitor catering, and retail service

▪ Industry leading recognition and feedback scores

▪Social and corporate functions from small to large-scale events

▪ Five-star dining experiences

▪Broad range of innovative concepts

▪Designs and operates team stores and gift shops, kiosks and

customized carts

▪Solutions for an elite clientele

▪Superior service and extraordinary hospitality enhances

customers’ brand

▪Service capabilities including cleaning, reception, security,

technical maintenance and energy management

▪Capital and project management

Substantially strengthening Sodexo North America

Pre-acquisition pro-forma revenue split NORAM Post-acquisition pro-forma revenue split NORAM

122,500employees

Healthcare

Education

B&AHealthcare

Education

B&A

S&L

S&L

150,000+employees

A transformed Sports & Leisure segment globally

Airline lounges

12%

Sports28%

Cultural destinations

39%

Conference and

Convention Centres

21%

Business mix

From 12,500 to

40,000+employees

From 472 to

700+sites operated

Doubling

revenues

Sodexo S&L

Current revenues

Sodexo S&L revenues

plus Centerplate

Sodexo Sports & LeisureMany leading venues around the world

Atlanta Zoo Michigan State University (Winter Classic Hockey Match)

Hollywood Bowl Shedd Aquarium (Chicago)

Sodexo Sports & LeisureStadia and arenas

Hippodrome de Vincennes – Paris Orange Velodrome de Marseille

American Express Community Stadium – Brighton Newcastle United Football Club

Sodexo Sports & LeisureAnnual events

Henley Royal Regatta Roland Garros

Chelsea Flower Show Royal Ascot

Tour de France

Imperial War Museum – LondonNational Gallery – London Seine Musicale – Paris

Eiffel Tower – ParisMuseum of modern and contemporary

arts - StrasbourgThermes – ArdechesRoyal Academy of Arts

Petit Palais – Paris

Sodexo Sports & LeisureCultural destinations

Sodexo Sports & LeisureVenue sales at prestigious sites

Salons de l’hotel des Arts et Metiers Maison des Polytechniciens

Dundas Castle #Cloud Business Center

Sodexo Sports & LeisureAirline lounges

Virgin Atlantic Virgin Atlantic

United Airlines United Airlines

Sodexo Sports & LeisureTourism

Le Lido de Paris Bateaux Parisiens

Batobus Les restaurants de la Tour Eiffel

19 –

Proud to Serve:

Accommodation

Program

Ticketing and Hospitality

Packages

Athlete/ Employee

DiningCatering and

Hospitality

Travel Program ConcessionsFan/Guest Casual

Dining

Services We Deliver:

40,000+ Employees

3+Regions

700+ Sites

Significant presence in

Stadia & Arenas

Convention Centers

Cultural Destinations

Tourist Attractions

Airline Lounges

Performing Arts

Sports, Convention & Conference Centers, Cultural Destinations, and Airline Lounges

7

Airports

59+

Convention

Centers

23

Performing Arts

Centers

200M+

Guests Served

Annually

139

Sports

Facilities/Arenas

13

Racetracks

12

Ski Resorts

94

Zoos, Fairgrounds

& Attractions

Sodexo’s new Sports & Leisure business

160

Airline Lounges€1.7bn RevenuesProforma