DATA#3 LIMITED — Investor Presentation 2014

Sep 4, 2014

Acquisition of Business AspectInvestor Briefing

John Grant – Managing Director Data#³ Dave Lennon – Managing Partner Business Aspect

DATA#3 LIMITED (DTL)

http://www.businessaspect.com.au

• • Founded in 2005 as a business and technology consulting firm
• • Over 70 consultants providing consulting services to customers around Australia
• • Strategy, Risk & Continuity, Architecture, and Planning & Execution
• •FY14 revenue of ~\$14m and EBTDA \$1.3m
• • Continues the strategic expansion of Data#3's services and 'apps' capability

Rationale

• • Customers needing help as they transition to Hybrid IT and 'apps' centric environment
• •Business reengineering & transformation
• •Outsourcing and contestability
• •Technology enabled innovation
• • Advanced technology adoption (mobility, cloud, big data)
• •Compliance security and management
• • Data#3 needs stronger positioning to address this opportunity

Rationale

•Business Aspect brings

• •Skills, experience, reputation and track record
• • Customer access via panel contracts, preferred supplier agreements
• •Growth via sustainable business model

• •Front end to Data#3's offerings

• Revenue and profit

Transaction details

• • \$6m in cash on completion funded from working capital and current credit lines
• • \$2m in shares in DTL at 7 day VWAP prior to announcement provided EBTDA targets for FY15 and FY16 met (\$1.6m and \$1.87m)
• • 2 year earn-out rise and fall on EBTDA targets capped at rise of \$3m cash and \$1m shares and fall of \$2m in shares
• •Immediately EPS accretive

Ongoing operations

• • Operate with autonomy but in best interests of Data#3
• • Continuing partners will operate led by managing partner Dave Lennon
• • John Grant appointed as director and will join Business Aspect management team
• • Dave Lennon will join Data#3 management team
• • Cross sales model to be implemented across all locations

Summary

• • Opportunity to enter a different sector of the services market at scale and with an impact
• • Experienced resources into a diverse range of industries split equally across public and commercial sectors
• • Services provided are complementary to and an extension of Data#3's services aimed at the 'C' level within organisations
• •Able to leverage Data#3's market coverage
• •Incentivised and growth oriented deal structure

DISCLAIMER

This presentation has been prepared by Data#3 Limited ("the Company"). It contains general background information about the Company's activities current as at the date of the presentation. It is information given in summary form and does not purport to be complete. The distribution of this presentation in jurisdictions outside Australia may be restricted by law and you should observe any such restrictions.

This presentation is not (and nothing in it should be construed as) an offer, invitation, solicitation or recommendation with respect to the subscription for, purchase or sale of any security in any jurisdiction, and neither this document nor anything in it shall form the basis of any contract or commitment. The presentation is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice, when deciding if an investment is appropriate.

The Company has prepared this presentation based on information available to it, including informationderived from publicly available sources that have not been independently verified. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, correctness or reliability of the information, opinions and conclusions expressed.

Any statements or assumptions in this presentation as to future matters may prove to be incorrect and differences may be material. To the maximum extent permitted by law, none of the Company, its directors, employees or agents, nor any other person accepts any liability, 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 contents or otherwise arising in connection with it.8