BETMAKERS TECHNOLOGY GROUP LTD — Capital/Financing Update 2015

Dec 10, 2015

TopBetta Holdings Limited ACN 164 521 395

Updated Statement of Commitments

The table below sets out the intended use of the $6.0 million of gross proceeds raised under the Offer.

Use of Proceeds	Amount A$M	Proportion
Sales and Marketing	$2.5	42%
Software/Platform Development	$1.0	17%
Employment and Operations	$1.4	23%
Debt repayment	$0.2	3%
IPO transaction costs	$0.9	15%
Total Funds Raised	$6.0	100%

Note: This table represents the Company’s intentions based upon its plans and the present business conditions. The amounts and timing of the actual expenditures and investments may vary significantly and will depend on numerous factors including any changes from the expected business environment.