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DATADOT TECHNOLOGY LIMITED AGM Information 2017

Nov 23, 2017

64764_rns_2017-11-23_31c89c4d-fb30-46e4-8394-b0f5ea0f16a7.pdf

AGM Information

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24 November 2017

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ASX Announcement

DataDot Technology AGM

The Chairman’s comments as below and presentation as attached will be provided at the Annual General Meeting of DataDot Technology Limited (ASX:DDT) today.

Chairman’s Comments

  • The Board recognises that the slower than hoped for revenue growth in FY17 has been very disappointing

  • much has been done during FY17 to position the Company for growth going forward through pipeline additions and maturity

  • earnings were materially improved with a 43% increase in EBITDA as compared to the prior year and a 58% increase in NPAT as compared to the prior year

  • improving trend continues into FY18

The key drivers of the FY 17 result were:

  • a significant reduction in expenses; down $1.22m or 22% against FY16

  • a 17% increase in authentication revenues to $1m and

  • a slight increase in our DataDotDNA volumes

These gains were partially offset by:

  • price erosion on the auto sector; due to re-pricing of a major contract on renewal at the beginning of FY17

  • FX movements, and

  • lower royalties from South Africa and Taiwan

We are now well placed to increase earnings as revenue increases given the increasingly efficient cost base.

For further details contact:

DataDot Technology Limited Temogen Hield, CEO Phone: +61 2 8977 4900 [email protected] www.datadotdna.com

About DataDot: DataDot Technology Limited provides world leading asset identification, management, protection and authentication solutions that deliver great value to customers. For more information please visit www.datadotdna.com.

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  • Chairman’s Address Annual General Meeting

24 November 2017

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  • In FY17 a significantly improved cost base delivered a positive earnings trend Key Drivers of the FY17 Result

Expenses improved by $1.23m (22%) Authentication revenue up 17% to $1.0m DataDotDNA volumes up slightly

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Price erosion in auto

sector ($0.8m) FX movements, particularly with regard to EU ($0.4m)

FX movements, particularly with regard to EU ($0.4m) Lower Royalties

($0.1m)

EBITDA improved 43% to a loss of $0.84m

NPAT improved 58% to a loss of $1.38m

Well placed to translate revenue growth into earnings. Increased revenue from an efficient and effective cost based critical to success.

© DataDot Technology Ltd. All Rights Reserved.

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Unit 9, 19 Rodborough Road Frenchs Forest, NSW 2086 AUSTRALIA

www.datadotdna.com [email protected] 61-2-8977-4900

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