Smiles (almost) all round in European tech Europe’s tech ecosystem remains characterised by a strong level of growing optimism Europe's tech ecosystem remains characterised by a strong level of growing optimism about the future. This about the future. This increase in optimism is most evident in Eastern and Southern Europe increase in optimism is most evident in Eastern and Southern Europe, where real momentum in building the local where there is real momentum. The UK, perhaps unsurprisingly, registered the largest tech ecosystems is evident. The UK, perhaps unsurprisingly, registered the largest downturn in optimism by a wide downturn in optimism by a wide margin. margin. Are you more or less optimistic about the Central Europe & Baltics future of European technology today than you were 12 months ago? DACH LEGEND Eastern Europe More About the same France & Benelux Less Nordics Southern Europe UK & Ireland 0 20 40 60 80 100 % of respondents Source: There continues to be a very strong sense of EUROPEAN TECH OPTIMISM optimism across the European tech ecosystem of the European tech community is either more optimistic about the future of European tech, or 90 maintain the same levels of optimism compared to 12 months ago. This remains the same as 2017, when 91% of respondents were more optimistic or the same. S&P Global Market Intelligence 22 In Partnership with & www.thestateofeuropeantech.com

The State of European Tech - Page 22 The State of European Tech Page 21 Page 23