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PRESS RELEASE FOR IMMEDIATE RELEASE July 21 , 2021 Ad hoc announcement pursuit to Article 53 of the SIX Listing Rules Temenos announces sustained strong Q2-21 momentum with Bookings growth of 104 % , raises guidance for FY - 21 SaaS ACV growth to 50-60 % USDm , except EPS Software licensing SaaS & subscription Total software licensing Maintenance Services Total revenues EBIT EBIT margin GENEVA , Switzerland , July 21 , 2021 -Temenos AG ( SIX : TEMN ) , the banking software company , today reports its second quarter 2021 results . Q2 2021 highlights ■ Q2-21 66.6 29.3 95.9 98.5 41.5 236.0 SaaS ACV growth of 409 % Total Bookings growth of 104 % Total Software Licensing growth of 16 % 85.4 36.2 % ARR growth of 8 % EBIT growth of 16 % FCF growth of 24 % FY - 21 guidance for SaaS ACV growth increased to 50-60 % Rest of FY - 21 guidance reconfirmed Non - IFRS Q2-20 Change CC * 58.1 15 % 13 % 23.1 27 % 24 % 81.2 18 % 16 % 95.1 4 % 3 % 39.4 5 % 3 % 215.7 9 % 8 % 75.9 35.2 % 13 % 16 % 1 % pts 3 % pts 0.80 TEMENOS THE BANKING SOFTWARE COMPANY Q2-21 66.6 29.3 95.9 98.5 41.5 236.0 64.7 27.4 % IFRS Q2-20 Change 58.1 18.9 77.0 95.1 39.4 211.5 EPS ( USD ) 0.89 11 % 0.65 0.59 The definition of non - IFRS adjustments is below and a full reconciliation of IFRS to non - IFRS results can be found in Appendix II . * Constant currency ( c.c. ) adjusts prior year for movements in currencies 56.5 26.7 % CC * 15 % 13 % 55 % 50 % 25 % 22 % 4 % 3 % 5 % 3 % 12 % 10 % 14 % 20 % 1 % pts 2 % pts 10 % Strong momentum in the second quarter Significant growth in SaaS ACV in particular , up 409 % Excellent growth in Total Bookings , up 104 % , up on Q2-19 levels All regions delivered double digit growth in the quarter US continued to be the largest contributor to total software licensing US SaaS and cloud was particularly strong across new clients and growth in existing clients Europe recovery is following the US with a short time lag , deal pipeline is building with strong sales growth expected in H2 16 new client wins in the quarter across license and SaaS 15 implementation go - lives in the quarter