Dovre Group Plc

Strategy Presentation

Becoming the Most Advanced in

Project Management Services

February 14, 2013

2

Dovre Group is a global provider of project

management services and software. Dovre Group

consists of three divisions: Project Personnel,

Consulting, and Software.

Project Personnel Business Area offers project

professionals for large complex projects

Consulting Business Area offers management and

project management consulting services

Software Business Area offers software for project

management

Dovre Group up to Jan. 2013

Russia &

Australia

Proha renamed Dovre

Group

2010 2011 2012

Organizational

changes

Legal

restructuring

completed

SEA acquisition &

investment

Middle-East

Entering to

biorenewables

Norway Canada

First dividend

payout

2006 2004

3

We are well positioned for the market needs

• Project Management

competence for complex

projects

• In-depth

understanding of

energy markets

• Established vendor

in global growth

markets

Our strengths

4

Agenda

Global market trends

Developing Dovre Group further

Long term financial objectives (2013 – 2017)

Dovre Group´s performance

5

0

20

40

60

80

100

2007 2008 2009 2010 2011 2012

MEUR Net sales **

We have continued to perform strongly

*Includes reimbursable expenses due to reclassification (IFRS)

* * -1

0

1

2

3

4

2007 2008 2009 2010 2011 2012

MEUR

Operating Profit, excl one-time items **

-1%

0%

1%

2%

3%

4%

5%

2007 2008 2009 2010 2011 2012

Operating Profit %, excl one-time items **

-10%

-5%

0%

5%

10%

15%

20%

2007 2008 2009 2010 2011 2012

Return on equity %

** Software presented as discontinuing operations in 2011 and 2012, excluded from Net Sales and Operating Profit.

6

Recent key achievements

Successful turnaround towards profitable growth - all

business areas strongly growing with profitability beyond

industry average

Long-term frame agreement with major international oil

company

Expansion into BioRenewables

Acquisition of minority stake in Singapore based

renewable energy project developer company

Equity investment in an Indonesian renewable energy

producer

7

Agenda

Global market trends

Developing Dovre Group further

Long term financial objectives (2013 – 2017)

Dovre Group´s performance

8

Driving trends

Growing

need for

Project

Professionals

and Services

New

opportunities

in Renewable

Energy

New methods

to attract

professionals

Rising energy demand

Growing need for renewable and

sustainable energy

Global mobility of professionals

Internet continues to reshape

recruiting

9

Growing demand for our services

Source: Bloomberg New Energy Finance

Source: Wood MacKenzie, 2011

Global energy demand will be almost

35 % higher in 2030 than it was in 2005 according to ExxonMobil

Renewable capacity installed, 2005-30 ($bn) Cumulative upstream investments 2011 - 2014

10

We will benefit from market and Internet growth

Source: Schlumberger Business Consulting, 2011,

excludes China and oil field service companies

2 4 8 17 32

55

90

2004 2005 2006 2007 2008 2009 2010

1/2013: 200 M+

Linkedin growth, index for online recruiting

Online will be most important recruiting channel

Source: Boston Consulting Group, World Federation of People Management Associations, 2012

Employee referral marketing

Company website

Job portals

Partnerships (e.g. universities)

Online advertising

Support programs for targeted…

Social media pages

On-campus advertising

Friends and families

Headhunters

Job fairs

Company-sponsored events

Temporary workers

Work agencies

Newspaper advertising

Top 7

Source: Linkedin, 2012

2011 2015 Required

Need for Oil & Gas professionals

is increasing

137 800 153 000

11

Agenda

Global market trends

Developing Dovre Group further

Long term financial objectives (2013 – 2017)

Dovre Group´s performance

12

Global Reach - Local Presence

We will become the most

advanced provider of specialized

Project Management Services in

energy sector globally.

The foundation is our local

presence, customer focus, best

people and first class services.

Our Vision

13

We aim for global service business growth

Manpower, consulting and

software for Project Management

Project Management

Services

Knowledge Resourcing

We provide world-class project

management expertise for investment

projects throughout project life-cycle

We aim to be a preferred partner to all

players both in conventional and

alternative new energy sources

14

Structure - Project management services

Project

Personnel

Project

professionals

to large

investments

projects

Consulting

Management

and project

management

consulting

services

15

Our strategic programs to become most advanced

Expand and strengthen Consulting

business

Implement new business platform for

Project Personnel

Build group wide excellence and strong

brand

16

Expand and strengthen Consulting business

World class Management and Project

Management Consulting Services

Customer intimacy, flexibility and

innovativeness in services

Further expansion to renewables, initial

focus on biorenewables.

Growth and expansion supported by

reputable partners and selective M&A`s

17

Implement new business platform for Project Personnel

Development of next generation platform with

latest digital and social media capabilities

Automatization of processes and self-service

Data analytics driven operations

Expanded talent base and more efficient

operations leading to delighted customers

18

Build group wide excellence and strong brand

One recognized Dovre Group brand

Synergies between businesses

Shared platforms, processes and

competencies

Attractive employer and preferred partner

with winning culture

19

Agenda

Global market trends

Developing Dovre Group further

Long term financial objectives (2013 – 2017)

Dovre Group´s performance

20

Long term financial objectives (2013 – 2017)

Growth

Profitability Our long-term financial

objective is an operating result

margin on the level of 5-10 %

with an average annual net

sales growth of more than 15%