CPT GLOBAL LIMITED — Interim / Quarterly Report 2021

Mar 21, 2021

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ASX ANOUNCEMENT

CPT GLOBAL LIMITED (ASX: CGO)

22 March 2021

Market Update

As stated at the 2020 AGM, extending the contracts with our two largest clients beyond 31 December 2020 was one of the 4 key risks and uncertainties that had reduced our visibility of future revenue for the 30 June 2021 financial year.

Further to our announcement of 27 January 2021, CPT is pleased to announce that the 2 streams of work at our largest North American client that were contracted until 31 March 2021, have been extended to 31 December 2021.

As a result of these contracts being extended:

1. 88% of forecast USA revenue to 30 June 2021 is contracted; and

2. 91% of forecast Australian revenue to 30 June 2021 is contracted.

Following is an updated investor presentation we will use in upcoming roadshows.

Authorised by the Chairman of the Board of Directors of CPT Global Limited

For further information please contact:

Grant Sincock Company Secretary

T: +61 3 9684 7900

E: gsincock@cptglobal.com http://www.cptglobal.com/

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+61 3 9684 7900

3/818 Bourke Street, Docklands, VIC 3008

www.cptglobal.com

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CPT Global Investor Briefing Presentation

Commercial in Confidence – CPT Global

Agenda

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• About CPT Global Limited

• 2021 Half-Year Results

• Strategy & Outlook

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•
Appendix
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Commercial in Confidence – CPT Global
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CPT Global Limited

Helping clients solve their complex and technical challenges as they transform their IT environments

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Commercial in Confidence – CPT Global

CPT Global

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Trusted

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Expert

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Assured Efficiency

Publicly listed global technology company with a 25 year+ track record

Trusted advisor to Fortune 500 with ongoing long term client relationships

Team of 200+ experts; long tenure with CPT and diverse skill sets

Experts in transforming, assuring, and optimising systems and technology

Focus on cost efficiency and ROI on technology investments

Assuring application and infrastructure performance and value

World class partner network bringing cutting edge solutions

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What makes CPT special

Our deep expertise, track record, trusted relationships and true dedication to our clients separates us from others

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Trusted
partner
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Global IT
experts
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Results
obsessed
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Successful
Delivery
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CPT has world class capacity planning, performance tuning and testing experts.

Our consultants average 20+ years in the industry.

We are obsessed with CPT are a trusted achieving cost savings partner in navigating and efficiency gains. companies through We are willing to be complex and critical IT compensated only by and business events. results.

We have a proven track record with our clients of delivering value in their business terms

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2021 Half-Year Results

50% revenue growth & record half-year profit

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Commercial in Confidence – CPT Global

HY2021 Highlights

HY2021 was the best half-year result in CPT’s history and the 3[rd] best result for any financial period in 22 years.

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HY2021 FY2020 HY2020
m’s m’s m’s
Revenue 18.1 24.9 12.1
Profit before tax & impairment 3.0 0.9 -0.3
-
Goodwill impairment -4.2 -4.2
Profit before tax 3.0 -3.3 -4.5
Tax expense 0.7 0 0.8
Profit after tax but before impairment 2.3 0.9 0.5
Net profit 2.3 -3.3 -3.8
EPS (Basic) 5.77 cents -8.73 cents -9.89 cents
Dividend 2.00 cents 1.25 cents NA
Cash 3.8 3.1 2.5
Net Assets 4.4 2.7 2.3
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Commercial in Confidence – CPT Global

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Highlights

Growth within existing clients, contracted margins maintained, costs across the business declined.

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71% GROWTH IN AUSTRALIAN REVENUE

CORE BUSINESS & STRENGTHS

Growth in the second half of FY20 at our largest client was locked in for the first half and has been extended to 30 June 2021.

Our focus has been on our core business and strengths: helping clients solve their complex and technical challenges as they transform their IT environments. During Covid-19 it has been our core services that have been in demand.

New clients won in the second half of FY20 ramped up to full capacity.

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COSTS HAVE TRENDED DOWN

The impact of lockdowns has been a net positive on the costs in the business. Travel and related costs and occupancy costs all decreased. As regions reopen, we will see some costs increase again, however, the way we work has changed and so has our clients’ practices.

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MARGINS HAVE HELD UP DURING COVID

Contracts renewed at existing rates or with limited discounts (5% at most).

Significant risk/reward margin on approx. US$1m in revenue.

Consultant travel has been reduced to zero.

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OUR CLIENT BASE IS UNPARALLELED

Our clients are the largest and most recognised brands in the financial services, insurance and government sectors.

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Commercial in Confidence – CPT Global

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Strategy & Outlook

One team delivering sustainable, profitable growth

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Commercial in Confidence – CPT Global

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Strategy

Focus is building on the momentum of the past 12 months using the strategies that have delivered results

• Resources focussed on USA & Australia

• High quality services delivered remotely

• Utilise digital marketing and sales tools

• Start to shift the sales focus to new accounts and former clients

• Preserve and control margins delivery

• costs

• Laser focus on controlling discretionary

• costs

• Support employees during the pandemic

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Commercial in Confidence – CPT Global

Outlook

Contracted revenue in as strong a position at this point in the year as it has ever been

• 91% of Australian forecast revenue to 30 June contracted

• 88% of US forecast revenue to 30 June contracted

• Second-half will be but to reach profitable unlikely

• the highs of the first half

• Growth rate in the first-half is not sustainable and will return to the normal long-term range

• Next stage of growth will come from:

• new clients in Aust. & the USA

• the Canadian and

• rebuilding European regions

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• Covid-19 humps expected but CPT is very well placed to ride these out

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Commercial in Confidence – CPT Global
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Appendix

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Capital Structure

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Ordinary Shares on Issue [1] Number Holders %
Free Float 23,272,702 814 59%
Directors & executives 16,004,209 7 41%
Total 39,276,911 821 100%
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1 As at 9 March 2021

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Top Shareholders [1] Number %
Gerry tuddenham & associates 14,182,763 36%
Sonda Fondo De Inversion Privado 2,664,993 7%
The Westferry Fund 1,892,250 5%
Clapsy Pty Ltd 1,700,000 4%
BNP Paribas Nominees 874,238 2%
Philip Adam 835,041 2%
Top 20 27,152,535 69%
Total Shares 39,276,911
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• 1 As at 9 March 2021

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A selection of CPT’s recent clients
Australia
Americas
Europe
& Asia
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Commercial in Confidence – CPT Global
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Our Service Lines

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O P T IM I SAT IO N
Faster, more
efficient technology
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Our Delivery Capabilities

Assurance Capacity planning & management Environment & data management Transformation QA & Test management Service management Digital capabilities Performance testing Strategic advisory Program leadership Payments Business & Service Continuity Data analytics Automation & DevOps Customer experience Workforce efficiency Optimisation Cloud migration and optimisation Performance tuning & engineering Cost optimisation & management Platform optimisation & modernising Application optimisation & migration 16

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Disclaimer

This presentation contains general information about the activities of CPT Global Limited (CPT) which is current as at 22 March 2021. It is in summary form and does not purport to be complete. It presents financial information on both a statutory basis as well as information provided on a non-statutory basis.

This presentation is not a recommendation or advice in relation to CPT or any service offered by CPT and it’s subsidiaries. It is not intended to be relied upon as advice to investors or potential investors, and does not contain all information relevant or necessary for an investment decision. It should be read in conjunction with CPT’s other periodic and continuous disclosure announcements filed with the Australian Securities Exchange, and in particular the results for the year ended 30 June 2020 and the results for the half-year ended 31 December 2021. These are also available at www.cptglobal.com.

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No representation or warranty, express or implied, is made as to the accuracy, adequacy or reliability of any statements, estimates or opinions or other information contained in this presentation. To the maximum extent permitted by law, CPT, its subsidiaries and their respective directors, officers, employees and agents disclaim all liability and responsibility for any direct or indirect loss or damage which may be suffered by any recipient through use of or reliance on anything contained in or omitted with this presentation.

No recommendation is made as to how investors should make an investment decision. Investors must rely on their own examination of CPT, including the merits and risks involved. Investors should consult with their own professional advisors in connection with any acquisition of securities.

The information in this presentation is for general information only. To the extent that certain statements contained in this presentation may constitute “forward-looking statements” or statements about “future matters”, the information reflects CPT’s intent, belief, or expectations as at the date of this presentation. Subject to any continuing obligations under applicable law or any relevant listing rules of the Australian Securities Exchange, CPT disclaims any obligation or undertakings to disseminate any updates or revisions to this information over time.

Any forward-looking statements, including projections, guidance on future revenues, earnings and estimates, are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause CPT’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

Neither CPT, nor any other person, gives any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forwardlooking statements in this presentation will actually occur. In addition, please note that past performance is no guarantee or indication of future performance.

All amounts are in Australian dollars unless otherwise indicated.

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CPT Global

CPT has provided consulting and delivery services to clients in 35 countries around the world. We’ve helped customers improve their IT delivery, speed and capability in industries such as finance, telecommunications, utilities, health, education, government, and logistics.

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American Asian
Offices Offices
New York Singapore
Toronto
Sao Paulo
European Australian
Offices Offices
London Melbourne
Munich Sydney
Paris Canberra
Milan
Countries CPT has worked in
Email Online LinkedIn
info@cptglobal.com cptglobal.com cpt-global
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