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April, 2016

S & G announces a new partnership with Temenos

Financial services professionals and IT experts to leverage modern banking experience London, UK and Sofia, Bulgaria, 4th April, 2016: We are very pleased to announce that S&G Technology Services Ltd is now a Services Partner of Temenos for Europe. This agreement will enable Temenos clients to leverage our knowledge in integration and interaction for core banking.

Using the synergies of our group, Sirma Group Holding JSC, S&G Technology Services Ltd. will leverage the expertise of a team, awarded with numerous accolades for innovative solutions in new channels, secure web applications, payments and mobile applications.

Temenos’ new and existing clients will be able to draw the expertise of 2 practices:

The Core Banking integration’ practice will apply its in-depth knowledge of the Integration Framework components and related ESBs to enable banks to reduce cost and time of integration.

The Channels practice, will offer a pool of consultants trained on Temenos solutions (Edge connect UXP, TCIB, TCMB).

Underpinned by rigorous delivery and quality practices, the S&G Technology Services team will help Temenos to deliver to their clients the benefits of the integration and interaction frameworks.

About S&G Technology Services

S&G Technology Services Ltd. was founded in 2012. It is a company of Sirma Group Holding, a leading provider of information technologies, IT consulting services and system integration in South-East Europe. Our mission is to help banks to adapt to a rapidly changing world by identifying and implementing small to medium high value technology transformation initiatives.

About Temenos

Temenos Group AG (SIX: TEMN), headquartered in Geneva, is a market leading software provider, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Over 2,000 firms across the globe, including 38 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers. Temenos customers are proven to be more profitable than their peers: in the period 2008-2012, they enjoyed on average a 32% higher return on assets, a 42% higher return on equity and an 8.1 percentage point lower cost/income ratio than banks running legacy applications.