Software AG Investor Presentation

Software AG Investor Presentation May 20 2014 1

Safe-Harbor-Statement This presentation contains forward-looking statements based on beliefs of Software AG management. Such statements reflect current views of Software AG with respect to future events and results and are subject to risks and uncertainties. Actual results may vary materially from those projected here, due to factors including changes in general economic and business conditions, changes in currency exchange, the introduction of competing products, lack of market acceptance of new products, services or technologies and changes in business strategy. Software AG does not intend or assume any obligation to update these forward-looking statements. 2

Software AG - At a Glance Technology leader in system integration, process automation and data management ~ 1bn revenue (FY 2013) ~ 27% operating EBIT margin (FY 2013) ~ 16% free cash flow margin (FY 2013) > 5,000 Employees worldwide ~ 1,000 R&D > 2bn market cap > 60% free float ~ 29% Software AG Foundation Middleware to integrate data, applications and digital workflows Intelligent Business Operations and Big Data High performance data management Process planning, monitoring and analysis 70 Countries Global customer base: 80% of Fortune 10,000 3

Business Lines & Development BPE Business Process Excellence ETS Enterprise Transaction Systems Consulting IT PORTFOLIO MANAGEMENT COLLABORATIVE PROCESS ANALYSIS DATABASE MANAGEMENT SYSTEMS ENABLER FOR OWN PRODUCT SALES (BPE/ETS) PROCESS AUTOMATION AND INTEGRATION REAL-TIME INTELLIGENCE AND BIG DATA Product revenue: growth 10-20% p.a. (incl. a 50% growth from Big Data/IBO) >50% contribution to group result, mid-term Transform technology leadership into market leadership Increase to >80% of product revenue ( 1bn) APPLICATION DEVELOPMENT & MODERNIZATION Manage cash cow Adjust cost to maintain segment margin > 60% SAP CONSULTING (DISPOSAL IN Q2 2014) Successful Turnaround Focus on Integration and Business Solutions Margin expansion S H A R E O F R E V E N U E * 44% 28% 28% *based on revenue 2013: 973m 4

Maintenance High Level of Recurring Revenue and Profits 400 350 300 250 200 m 186 213 267 305 353 362 378 369* ETS BPE 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 2013 > 90% of Maintenance Revenue is recurring *currency impact: 16m 5

Free Cash Flow and Dividend per Share EUR 3.00 2.50 2.00 1.50 1.00 0.50 0.00 2006 2007 2008 2009 2010 2011 2012 2013 FCF per Share Div per Share 6

Transforming Software AG Prime Operational Targets 2014 Product Revenue BPE Business Process Excellence 60 % Dynamic Growth Increase sales efficiency 2013 hires Utilize full market potential Close strategic - 7/8-digit deals Broaden customer base ETS Enterprise Transaction Systems 40 % Preserve customer base Minimize decline Protect maintenance base Utilize customer access for driving strategic projects (ETS and BPE) 7

License Revenue Dynamic Growth in BPE Business 350 300 250 m 241 272 270 327 295 319 330* ETS /Other 200 150 166 BPE 100 50 0 2006 2007 2008 2009 2010 2011 2012 2013 BPE License with sustainable growth *currency impact: 17m 8

The Impact of Differentiating Solutions by Software AG Refreshments Average annual benefit of several million 98% reduction in transfer time for assets 10s of millions increase in profit Employees and contractors now emergency-prepared Supply chain transformation in days 10x higher response rate to marketing campaigns 9

BPE License growth 2010-2014e compared to market peers Growth yoy acc 20% 15% Peer group average 10% 5% 0% 2011 2012 2013 2014e* * Based on analyst estimates (May 2014) 10

Turning Technology Leadership into Market Leadership: Build Multi Channel Ecosystem and Integrated Portfolio Suite Multiple Sales Channels OEM s/isv s Growth Suite SI s Growth acceleration + 50 m S +M Investment LongJump Alfabet, ARIS Cloud Suite & on-premise Apama Single Sales Channel Aris/web- Methods Terracotta Mychannels JackBe Business Process Platform Big Data/IBO Platform webmethods Integration Platform Products 11

Revenue Targets 2013-2018 (BPE + ETS) Product Revenue 1 Billion 20% 60% >80% New Products (BPE+) Organic Growth Integration Technology Business Process Mgt. IBO / Big Data Cloud / Partner / OEM M&A/Innovative Technologies 80% 2006 40% Enterprise Transaction <20% Systems (ETS) 2013 2018 12

Revenue and Margin Drivers 2014+ Impact new sales staff Growing Ø deal size Platforms / use case packaging Recurring projects Cloud based offerings Partner sales / OEM Revenue mix Economies of scale (R&D, G&A) Sales productivity Channel sales Metrics 2014 2015 2016 2017 2018 13

Outlook FY 2014 FY 2013 (in m) Outlook FY 2014 (as of Jan. 28, 2014) Q1 2014 ( in %) Product Revenue BPE 422.9 +12% to +18%* 11%* Product Revenue ETS 273.8-9% to -16%* -15%* Operating Result (Non-IFRS)** 260.7 +2% to +7% -7% * Revenue growth or decline at constant currency ** EBITA before adjustments for non-operating items (see non-ifrs earnings results) 14

Key Investment Indicators 1. Footprint: Established global software player with blue chip customer base 2. USP: Unique technology leadership in fast growing IT segments 3. Financials: Strong balance sheet and cash generation (dividend) 4. Assets: Experienced management team and loyal expert staff 5. Timing: Post ramp-up investments for mid-term growth / leverage ahead 15

Appendix Portfolio, Market Position & Competition

Enabler of the Digital Enterprise Analytics Visualization Process Automation Integration Middleware In-Memory Big Data/IBO Internet 4.0 Application Silos HW Infrastructure APPS SEARCH EVENT MGMT. RULES ESB / SOA-GOV. DATA MGMT. COLLABORATION REAL-TIME DATA ERP CRM, HR ADABAS ETC. IT 3.0 IT 1.0 17

Software AG Agility Platform Dashboards Real-Time Insight Proactive Alerts Mobile Anywhere I N T E L L I G E N T B U S I N E S S O P E R AT I O N S Event Processing Process Mining Historic KPI's Activity Monitoring Data Analytics COLLABORATIVE PROCESS ANALYSIS PORTFOLIO MANAGEMENT Business Process Analysis Governance, Risk & Compliance IT Portfolio Management Enterprise Architecture P R O C E S S A U TO M AT I O N / I N T E G R AT I O N Process Automation Application Integration B2B Integration SOA Governance Composite Applications B I G D ATA a n d I N - M E M O RY D ATA M A N A G E M E N T Custom ERP CRM 18

Agile Integration & Automation IBO Platform for the Smart Digital Enterprise MOBILE CLOUD Business Process Management Agile Apps Dashboards & Visualization Proactive Alerts Intelligent Actions Real-time Decisions Historical Pattern Discovery Streaming Analytics Process Analytics Continuous Analytics In-Memory Data Management & Connectivity $ Financial & News Events Sensor & machines Mobile events Social Media Hadoop Business Intelligence Business Processes BIG DATA SOCIAL 19

Organic Growth sparked by Innovations Visualization (Presto) Dashboards Real-Time Insight Intelligent Business Operations Event Processing Event Processing Application Development Collaborative Process Analysis / Management Enterprise Architecture IT Portfolio Management Messaging Integration / SOA In-memory Data Management In Memory Computing 20

Agile Integration & Automation IBO Platform Components MOBILE CLOUD Business Process Management Agile Apps PPM Optimize Dashboards & Visualization Proactive Alerts Presto Real-time Decisions Intelligent Actions Historical Pattern Discovery Streaming Analytics Apama Real-time Complex Pattern Detection Streaming Analytics Terracotta Big Memory & Universal Messaging In-Memory Data Management & Connectivity $ Financial & News Events Sensor & machines Mobile events Social Media Hadoop Business Intelligence Business Processes BIG DATA SOCIAL 21

The need: supporting a new class of streaming, decision-centric application requirements The Internet of Things Industrial Internet Location Sensing Fast, Big Data Complexity of Extra-Enterprise information Wearable Devices Mobility Social Media Smart decisions Supply Chain Logistics CRM/CXM Risk Mgmt Fraud Trading Internet Streaming Time window to analyze & act 22 2014 Seize Software AG. All opportunities rights reserved. & avoid crises amidst explosive complexity

Need to Complement Batch-based Analytics with Continuous & Actionable Real-time Analytics Traditional BI Statistical Analytics Data Mining Other off-line Analytics Predictive Analytics Hadoop Periodic Reports Data Mart/ Warehouse Continuous Streaming Analytics Ad Hoc BI Analytics Offline Business Intelligence Store data at rest Capture Big Data in motion Take Action (Operational Decisions) Strategic and Tactical decisions Run-the-business Operational Systems Intelligent Business Operations Platform 23

Real-time Personalization Real-time Promotions Omni-Channel Fulfillment Retail Bank Process Monitoring SAP Process Monitoring Rating Process Monitoring Faster ecommerce Mainframe Offload Database Offload ATM Fraud Detection Anti-money Laundering Smart Grid Analytics Energy Theft Detection M2M Process Optimization Market Surveillance Rogue Trader Monitoring Pre-trade Risk FX ecommerce Algorithmic Trading Bond Pricing IBO Solution Blueprints & Customers Customer Experience Management End-to-End Process Assurance Business Acceleration Real time Fraud Prevention M2M Operational Intelligence Risk & Compliance Monitoring etrading IBO Solution Blueprints IBO Platform 24 Common Use Case Patterns and Solution Accelerators

Example: Smart Shipping Logistics Convey data reliably from the remote ships & dock side machines Real-time tracking of all entities, highlighting efficiencies and predicted problems Real-time and historic/enriched information on ships Ship Movements (Sat) Ship reporting Port Messages Detect a ship passing a certain area, determine the relevance Start appropriate process Real-time access to ships inventories and planning schedules 25

Example: Avoid Regulatory Fines & Resolve Suspiciou Trading Activity Proactively Compliance staff visualize trade abuse alerts; drill in to investigate Trades Quotes News Trader Behavior Social Media Unusual trading activity just before news release suggests insider trading Notify relevant Compliance Officer 26

Example: Intelligent Mobile Marketing Offers Real-time, One-to-One Marketing Customer location detected entering Mall Enjoy 15% discount off any main meal at Sports Bar Diner in Wellington Mall this lunchtime Customer who likes Sports enters a Mall Partner Sports Bar Diner has capacity Push offer of 15% off any main meal this lunchtime if you pay with DBS credit card 27

Large Enterprise / Public Sector Customers in 70 Countries Finance Public Sector Chemicals/Pharma Energy/Utilities Telecom Manufacturing Logistics/ Transport Healthcare/ Consumer Goods 28

Revenue Split Well Balanced Product Revenue by Region* Product Revenue by Industry* 17% 8% 38% 22% 19% 36% Americas Germany EMEA Asia Pacific Public Sector Financial Sector IT Services Associations Manufacturing Telcos Logistics Retail Energy Other *Based on group revenue FY 2013 29

Software AG Suite is a Top-Ranked Technology Leader Application Integration Suites Application Services Governance Business Process Analysis Tools Business Process Management Suites Enterprise Architecture Tools Governance, Risk and Compliance Integrated IT Portfolio Analysis Apps Complex Event Processing Platforms Comprehensive Integration Solutions EA Management Suites Elastic Caching Platforms ESB Integrated SOA Governance SOA Service Life-Cycle Management 30

Enterprise Digitization Driving growth of AIM Market 2.9bn 5.1bn 1.2bn 1.7bn 21% CAGR 2.1bn 3.0bn Modern ESB Modern BPMS Modern ESB Modern BPMS Tradit. ESB 1.5bn 2014 2017 SOA, B2B & other 1.6bn Tradit. BPMS 1.1bn Tradit. ESB 1.3bn SOA, B2B & other 2.1bn 0.6bn Tradit. BPMS Addressable AIM Market Segments= $7.1bn 9% CAGR Addressable AIM Market Segments = $9.2bn 31

Market Share in Main Markets: BPSM (Process Management) and ESB (Integration) Business Process Management Suite (BPMS) Enterprise Service Bus Suite (ESB) Appian 3% OpenText 4% Software AG 7% Tibco 3% Others 36% Others IBM 15% 29% Tibco 9% Oracle 8% Pegasystems 10% IBM 29% Software AG 11% Microsoft 13% Oracle 23% Source: Source: Gartner: Market Share, All Software Markets, Worldwide, 2013, Colleen Graham et al, 28 March 2014 32

Appendix Financials

Currency impact on revenue Q1 2014 / FY 2013 Currency split FY 2013 Currency impact on revenue ZAR 2% CAD 3% ILS 4% AUD 5% GBP 6% BRL 8% Other 10% US Dollar 26% Euro 36% (in m; yoy) Q1 2014 Q1 in % FY 2013 FY in % Licenses -3.7-6.0% -16.9-5% Maintenance -4.9-5.2% -16.4-4% Consulting & Other -1.1-1.8% -4.5-2% Total -9.7-4.5% -37.8-4% Split EUR/USD: FY 2013: EUR 36%, USD 26% Q1 2014: EUR 43%, USD 21% 34

Group Revenue Q1 2014 / FY 2013 (in m) Q1 2014 Q1 2013 Δ% Δ% acc FY 2013 FY 2012 Δ% Δ% acc Product 147.4 157.1-6% -1% 705.7 712.2-1% 4% Licenses 57.1 63.6-10% -4% 330.1 318.9 4% 9% Maintenance 90.3 93.5-3% -2% 375.6 393.3-5% - Consulting & services 61.3 67.5-9% -8% 266.0 333.3-20% -19% Other 0.2 0.3-33% -33% 1.0 1.8 - - Total 208.9 224.9-7% -3% 972.7 1,047.3-7% -4% Excluding IDS (proforma) 195.1 203.9-4% 0% 897.3 n.a. n.a. n.a. 35

Segment report Q1 2014 / FY 2013 Business Process Excellence (BPE) (in m) Q1 2014 Q1 2013 Δ% Δ% acc FY 2013 FY 2012 Δ% Δ% acc Licenses 43.7 41.9 4% 10% 220.1 194.7 13% 18% Maintenance 51.6 48.4 7% 11% 202.8 190.0 7% 11% Total revenue 95.3 90.3 6% 11% 422.9 384.7 10% 15% Cost of sales -5.7-5.8-2% 2% -22.4-18.8 19% 23% Gross profit 89.6 84.5 6% 11% 400.5 365.9 9% 14% Sales & marketing -49.1-46.0 7% 11% -201.5-137.3 47% 53% R & D -20.9-19.7 6% 7% -82.5-74.9 10% 12% Segment result 19.6 18.8 4% 16% 116.5 153.7-24% -19% 36

Segment report Q1 2014 / FY 2013 Enterprise Transaction Systems (ETS) (in m) Q1 2014 Q1 2013 Δ% Δ% acc FY 2013 FY 2012 Δ% Δ% acc Licenses 13.3 21.1-37% -30% 107.4 121.3-11% -6% Maintenance 37.6 43.2-13% -7% 166.4 188.3-12% -7% Product revenue 50.9 64.3-21% -15% 273.8 309.6-12% -7% Other 0.2 0.2 - - 0.7 0.9 - - Total revenue 51.1 64.5-21% -15% 274.5 310.5-12% -7% Cost of sales -3.3-3.8-13% -6% -14.1-15.6-10% -6% Gross profit 47.8 60.7-21% -15% 260.4 294.9-12% -7% Sales & marketing -9.1-13.8-34% -31% -50.4-61.7-18% -15% R&D -6.2-6.5-5% -4% -25.3-26.1-3% -3% Segment result 32.5 40.4-20% -11% 184.7 207.1-11% -5% 37

Segment report Q1 2014 / FY 2013 Consulting (in m) Q1 2014 Q1 2013 Δ% Δ% acc FY 2013 FY 2012 Δ% Δ% acc Licenses 0.1 0.6-83% -86% 2.6 2.9-10% -9% Maintenance 1.1 1.9-42% -41% 6.5 15.0-57% 57% Product revenue 1.2 1.8-52% -52% 9.1 17.9-49% -49% Services & other 61.3 67.5-9% -8% 266.3 334.2-20% -19% thereof BPE/ETS 48.7 49.0-2% 199.7 n.a. n.a. n.a. Total revenue 62.5 70.1-11% -9% 275.4 352.1-22% -20% Cost of sales -51.9-60.2-14% -12% -232.6-320.0-27% -26% Gross profit 10.6 9.9 7% 9% 42.8 32.1 33% 37% Sales & marketing -7.3-9.6-24% -22% -33.5-33.8-1% 3% Segment result 3.3 0.3 - - 9.3-1.7 >100% >100% 38

Results Q1 2014 / FY 2013 (in m) Q1 2014 Q1 2013 Δ% FY 2013 FY 2012 Δ% Δ% acc 44 Total revenue 208.9 224.9-7% 972.7 1,047.3-7% -4% Cost of sales -68.0-75.8-10% -294.6-378.4-22% -21% Gross profit 140.9 149.1-5% 678.1 668.9 1% 6% Margin in % 67.4% 66.3% 69.7% 63.9% R & D -27.2-26.2 4% -107.9-101.1 7% 8% Sales & marketing -69.4-72.8-5% -300.1-246.9 22% 26% Administration -19.1-17.8 7% -73.2-75.8-3% -2% Other income/expense 5.3 9.4-8.6 3.2 - - EBIT (before all taxes) 30.4 41.6-27% 205.5 248.3-17% -10% 39

Operating Results (Non-IFRS) Q1 2014 / FY 2013 (in m) Q1 2014 Q1 2013 FY 2013 FY 2012 EBIT (before all taxes) 30.5 41.6 205.5 248.3 Amortization on acquisition related intangible assets 44 11.1 9.4 40.4 38.1 EBITA 41.5 51.0 245.9 286.4 Reduction acquisition related product revenue by purchase price allocation 0.3-1.2 1.0 Other acquisition impacts -2.7-3.0 1.7 0.6 Share based payment 1.5-0.6-0.7 7.9 Restructuring/severances 2.3 1.5 12.6 3.0 Operating Result (Non-IFRS) 43.0 48.9 257.6 298.9 in % of revenue (Non-IFRS) 20.6% 21.7% 26.8% 28.5% NOPAT (Non-IFRS) 27.7 32.4 172.9 200.7 EPS (Non-IFRS)* 0.34 0.38 2.07 2.31 * Based on average outstanding shares: Q1 2014: 86.9m / Q4 2013: 82.2m / Q4 2012: 86.8m // FY 2013: 83.7m / FY 2012: 86.8m 40

Cash flow Q1 2014 / FY 2013 (in m) Q1 2014 Q1 2013 Δ% FY 2013 FY 2012 Δ% Operating cash flow 50.1 65.4-23% 171.8 184.4-7%./. CapEx* -2.3-2.7-12.7-13.7 Free cash flow 47.8 62.7-24% 159.1 170.7-7% as % of revenue 22.9% 27.9% 16.4% 16.3% Free cash flow per share** 0.60 0.73-18% 1.90 1.97-4% * Cash flow from investing activities except acquisitions and except investments in debt instruments ** Based on average outstanding shares: Q1 2014: 86.9m / Q4 2013: 82.2m / Q4 2012: 86.8m / FY 2013: 83.7m / FY 2012: 86.8m 41

Balance sheet (in m) Assets Liabilities March 31, 2014 Dec. 31, 2013 Dec. 31, 2012 March 31, 2014 Dec. 31, 2013 Dec. 31, 2012 480.7 281.9 94.4 Cash and cash equivalents/ Securities Trade receivables Inventory, other assets 506.5 323.2 57.3 216.5 317.9 77.1 612.9 268.2 138.2 Financial liabilities Other liabilities Deferred income 613.4 309.9 108.0 277.4 345.9 105.9 1,078.9 Fixed assets (goodwill 820.7/829.2) 1,109.9 1,069.2 916.6 Shareholders equity (ratio 47.4%/48.4%) 965.6 951.5 1,935.9 Total 1,996.9 1,680.7 1,935.9 Total 1,996.9 1,680.7 42

Earnings IFRS Q1 2014 / FY 2013 (in m) Q1 2014 Q1 2013 Δ% FY 2013 FY 2012 Δ% EBIT (before all taxes) 30.5 41.6-27% 205.5 248.3-17% Financial result -2.9-1.3 123% -8.4-8.8-5% Profit before taxes 27.6 40.3-32% 197.1 239.5-18% Other taxes -1.6-1.8-11% -7.1-8.0-11% Income taxes -7.4-11.3-35% -56.0-66.8-16% Tax rate in % 32.6% 32.5% 32.0% 31.2% Net Income 18.6 27.2-32% 134.0 164.7-19% EPS in * 0.23 0.32-28% 1.60 1.90-16% * Weighted average shares outstanding (basic) Q1 2014: 86.9m / Q4 2013: 82.2m / Q4 2012: 86.8m / FY 2013: 83.7m / FY 2012: 86.8m 43

Amortization / depreciation impact 2014ff (preliminary) (in m) Q1 2014 FY 2013 FY 2014 FY 2015ff* Amortization IDS 2.7 10.6 10.6 7.8 Amortization other 8.3 29.8 29.0 24.0 Depreciation 3.0 12.9 11.6 11.6 * Estimated 44

Headcount by functional areas* and geography (in FTE) Mar.31, 2014 Dec.30, 2013 Δ% qoq Mar. 31, 2013 Δ% yoy Total 5,108 5,238-2% 5 5,300-4% Consulting & services 2,283 2,347-3% 2,456-7% R & D 995 998-901 10% Sales & marketing 1,131 1,180-4% 1,213-7% Administration 699 713-2% 730-4% USA 752 778-3% 729 3% Germany 1,663 1,711-3% 1,727-4% Rest of world 2,693 2,749-2% 2,844-5% * According to P+L structure 45

Shareholder Structure Shareholder Structure Major Institutional Investors 9% Software AG Foundation Fidelity (FMR LLC) 3.5% 25% 29% Institutional Investors Deutsche Asset & Wealth 3.3% Private & undisclosed Templeton 3.0% 37% Own Shares** **as of February, 2014 Alken 2.9% Deka 2.9% Institutional Investors by Region* Share Data Rest of World BeNeLux 12% 6% 30% Germany France 7% Scandinavia 8% 23% US 14% UK *Source: ThomsonOne, January 2014 46 Number of total shares: 86,943,945 Freefloat: ~ 62% Indices: TecDAX, DAX 100, TechAllShare Codes: SOW, SOW GR, SOWG.DE ISIN: DE0003304002 ADR U.S. trading symbol: STWRY

Investor Relations Uhlandstrasse 12 64297 Darmstadt Germany phone: +49 (0) 6151 / 92 1900 fax: +49 (0) 6151 / 9234 1900 softwareag.com e-mail: investor.relations@softwareag.com Follow us on Twitter: @SoftwareAG_IR