8COMMON LIMITED — AGM Information 2020

Nov 26, 2020

8common

(ASX:8CO)

Annual General Meeting 27 November 2020

This presentation has been produced by 8common Limited and may contain forward looking statements that are based on Management’s current expectations, beliefs and assumptions and are subject to a number of risks and uncertainties. Forward looking statements contained in this presentation are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. Therefore, the actual outcomes and results may differ from those described.

In any forward-looking statement in which 8common Limited expresses an expectation or belief such expectation or belief is expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the statement or expectation or belief will result or be achieved or accomplished. We are not under any duty to update forward-looking statements unless required to by law.

This not form part of any prospectus that has or may be issued. 8common Limited and its directors, employees, associates, affiliates and agents, make no:

a. Representations or warranties, expressed or implied, in relationship to this presentation or the accuracy, reliability or completeness of any information in it or the performance of 8common Limited; and

b. Accept no responsibility for the accuracy or completeness of this presentation.

Disclaimer

buy or apply for securities, nor it or any part of it form the basis of, or be relied upon in any connection with any contracts or commitment whatsoever. The information in this presentation does not take into account the objectives, financial situation or particular needs of any person. Nothing in this presentation constitutes investment, legal, tax or other advice.

This presentation does not, nor does it purport to, contain all the information prospective investors in 8common Limited would desire or require in reaching an investment decision. To the maximum extent permitted by law, 8common Limited, their officers, directors, employees, associates, affiliates or agents, nor any other person accepts any liability for any loss, claim, damages, costs or expenses of any nature (whether foreseeable or not), including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its content or otherwise arising in connection with it or any errors or omissions in it.

registered or approved in any jurisdiction and recipients of this presentation should keep themselves informed of and comply with and observe all applicable legal and regulatory requirements.

2

8common

8common Limited (ASX:8CO)

8common

Enterprise-grade financial payments and transaction management.

Expense8 platform is a leading provider of end to end travel expense management software, card application and management. CardHero (Corporate Payments and Funds Disbursement) and PayHero (Procurement Payments) initiatives deliver fintech payment solutions and revenue models targeting similar clients as Expense8.

==> picture [128 x 73] intentionally omitted <==

==> picture [121 x 71] intentionally omitted <==

Growing SaaS Fully accredited Recurring + Transaction Government Revenue supplier

==> picture [75 x 52] intentionally omitted <==

Data sovereignty

==> picture [301 x 78] intentionally omitted <==

Core Products

==> picture [274 x 72] intentionally omitted <==

==> picture [274 x 71] intentionally omitted <==

==> picture [313 x 91] intentionally omitted <==

==> picture [115 x 54] intentionally omitted <==

Online payments and procurement payments

Leading cloud-based Corporate Expense platform for employee & travel and expense Funding Disbursement management cards Enterprise SaaS + Fintech Payments

Core Customers

==> picture [99 x 70] intentionally omitted <==

==> picture [167 x 92] intentionally omitted <==

==> picture [177 x 40] intentionally omitted <==

==> picture [169 x 41] intentionally omitted <==

==> picture [129 x 44] intentionally omitted <==

3

8common

8common Limited (ASX:8CO)

FY20 Review

Growing through COVID-19

• Strong financial performance in FY 20 with

• Total revenue +13%

• Total SaaS revenue +30%

• 11 New Government entities onboarded onto Expense8.

==> picture [39 x 32] intentionally omitted <==

==> picture [130 x 44] intentionally omitted <==

----- Start of picture text -----

$3.8m
----- End of picture text -----

FY20 Operating Revenue

==> picture [43 x 44] intentionally omitted <==

==> picture [129 x 44] intentionally omitted <==

----- Start of picture text -----

$2.6m
----- End of picture text -----

SaaS recurring & transaction revenue

==> picture [67 x 52] intentionally omitted <==

==> picture [130 x 44] intentionally omitted <==

----- Start of picture text -----

$4.2m
----- End of picture text -----

FY20 cash receipts

• Over 12,000 new users added to the Expense8 platform

• Over 16,000 new accounts added to the Expense8 platform

• Over $2.5m of contract valued signed in FY20

==> picture [67 x 51] intentionally omitted <==

-$201k FY20 operating cash outflow

==> picture [67 x 51] intentionally omitted <==

$216k

FY20 adjusted profit

*excludes deferred consideration write-off, depreciation and amortization and non-cash share based payments.

==> picture [57 x 43] intentionally omitted <==

==> picture [130 x 44] intentionally omitted <==

----- Start of picture text -----

$1.8m
----- End of picture text -----

Net Cash position at 30 June 2020

4

8common

8common Limited (ASX:8CO)

Recurring & Transaction SaaS Revenue

• FY20 recurring SaaS Revenue of $2.6m was up 30% vs FY19 despite the impacted of COVID-19

• Go live of 9 additional federal government entities in Q2 FY21 expected to increase SaaS revenue over the remainder of FY21.

Quarterly Recurring SaaS Revenue ($000)

==> picture [1331 x 370] intentionally omitted <==

----- Start of picture text -----

$700
685
656
$600
599
545 550
$500
518
465 464
$400 436 442
411
404
384
$300
312
279
259 256
$200
$100
$0
Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21
----- End of picture text -----

5

8common

8common Limited (ASX:8CO)

Events since the end of the financial year

• 6 New Federal Government entities signed to expense8

• Signed 3 year EML partnership to launch CardHero

• Successfully raised $2,250,000 via a placement to expand the roll out of CardHero and accelerate the of recent onboarding

• customer wins

• Sypht partnership to harness Artificial Intelligence with Federal Treasury as the 1st customer

• Federal Dept of Prime Minister & Cabinet extends contract

• 6 Federal Government entities go live with expense8

6

8common

8common Limited (ASX:8CO)

Growth Outlook 8common

8common Limited (ASX:8CO)

Expense8: positioned for growth

FULL AUTOMATION

of expense process

Globally recognised as Market Leader by IDC in its 2019 MarketScape Enterprise Travel & Expense Management Report

Federal Shared Services Mandates 1 2 Department of Department of Industry, Innovation Finance & Science +40 $2.5m $1.6m Pipeline of Implementation Annual SaaS revenue revenue Agencies to on-board pipeline pipeline

SECURITY AND MONITORING

Increased data security and monitoring

==> picture [58 x 37] intentionally omitted <==

COST SAVINGS

70% cheaper than purchase order process

REAL TIME TRACKING

Real time audit and expense tracking

GROWING OPPORTUNITY

==> picture [58 x 37] intentionally omitted <==

Growing card limits NSW Purchase Card limit $5k in 2018 $70k in 2019

SIGNIFICANT INVESTMENTS

==> picture [57 x 54] intentionally omitted <==

----- Start of picture text -----

$
----- End of picture text -----

Significant investments in system upgrades towards best of breed providers

8

8common

8common Limited (ASX:8CO)

CardHero

==> picture [288 x 582] intentionally omitted <==

CardHero leverages 8common’s significant coverage of Government and Corporate customers via its globally recognised Expense8 product platform which serves over 150 government entities as well as large corporates including Woolworths, Amcor and others.

• CardHero and CardHero+ platforms have two distinctive use cases and clients in mind:

• CardHero is an card and solution integrated payment expense management

• targeted at government and large enterprise clients;

• CardHero+ is an integrated fund disbursement and spend management solution which can be used by not for profits and educational institutions to disburse funding and reconcile transactions.

Revenue model a combination of:

• monthly platform fee; and

• per card per month; or

• percentage of load fee

8CO is currently working with an existing Expense8 client on a paid implementation to roll out CardHero+.

9

8common

8common Limited (ASX:8CO)

CardHero & EML

==> picture [389 x 276] intentionally omitted <==

==> picture [153 x 70] intentionally omitted <==

• 8common has signed a 3-year agreement with EML Payments Limited to issue prepaid Mastercard’s through the company’s CardHero platform

• The agreement with EML enables the launch of 8common’s CardHero solution via two products: CardHero and CardHero+

• The core product CardHero, will be released as both a virtual and physical prepaid card combined with travel and expense management solutions. CardHero is targeted at government entities and large enterprise clients

• CardHero+ provides an additional fund disbursement platform which aims to support not for profit organisations and educational institutions

10

8common

8common Limited (ASX:8CO)

The outlook

8CO will drive SaaS revenue growth whilst securing its position in large enterprise financial payments and transaction management.

A clear focus on:

==> picture [47 x 47] intentionally omitted <==

Grow organic revenue Establish new through new client partnerships and wins, uplift in users leverage existing and increase of ARPU relationships to cross sell products

==> picture [783 x 314] intentionally omitted <==

----- Start of picture text -----

Execute on strategy to Expand direct Develop partner
deliver CardHero and client footprint ecosystem to scale
PayHero distribution to new
markets
----- End of picture text -----

11

8common

8common Limited (ASX:8CO)

Appendices 8common

8common Limited (ASX:8CO)

Board & Management

==> picture [175 x 175] intentionally omitted <==

Nic Lim

Founder & Executive Chairman

Founder, investor and Board member of various technology companies over the last 21 years. Co-Founded Catcha.com in 1999. Prior to founding 8common, Nic had a career in finance with UBS, Credit Suisse and Morgan Stanley.

Nic is also an active early stage technology investor via 8capita which has made nearly 50 investments since 2012.

==> picture [168 x 183] intentionally omitted <==

John Du Bois

Independent, Non-Executive Director

Mr John Du Bois has had a very accomplished career. This includes 9 years at SAP culminating in the role of EVP and Managing Director South West Asia which was extended to Australia and New Zealand (AsiaPacific and Japan) and more than 6 years at Senetas Limited (SEN:ASX) as Chairman and CEO, a leading Security Software company with a strong Federal Government client footprint

==> picture [183 x 183] intentionally omitted <==

Adrian Bunter

Independent, Non-Executive Director

Adrian is an executive director of Venture Advisory, a specialist telecommunications, media and technology (TMT) financial advisory firm operating out of Australia and Asia. He has 25 years’ experience in accounting, audit, and finance, as well as a broad range of corporate advisory roles ranging from debt/equity raisings, mergers and acquisitions, divestments of business and strategy development and execution, including over 16 years with PricewaterhouseCoopers

==> picture [183 x 183] intentionally omitted <==

Larry Gan

Non-independent, Non-Executive Director

Larry has built a reputation based on extraordinary work ethic, strategic thinking and visionary ability. During his 26 years with Accenture, he held many global leadership roles. Since 2013, Larry has served on several boards of public listed companies in UK, Australia, Europe and Malaysia and also as Trustee of charitable and not for profit institutions. He is a Fellow of Association of Certified Chartered Accountants.

==> picture [187 x 187] intentionally omitted <==

Andrew Bond

Chief Executive Officer

Andrew joined 8common in August 2015 and is a highly regarded and well respected leader. Prior to 8common, Andrew has held several roles in Woolworths Limited, Satori Group and AMP Limited. Andrew brings over 10 years’ experience in the technology sector leading sales and marketing and technology teams.

13

8common

8common Limited (ASX:8CO)

Investor Relations Craig Sainsbury Stephanie Ottens e: craig.sainsbury@marketeye.com.au e: stephanie.ottens@marketeye.com.au

Nic Lim Executive Chairman e: nic@8common.com

==> picture [1440 x 48] intentionally omitted <==

8common

8common Limited (ASX:8CO)