HANSEN TECHNOLOGIES LIMITED — Investor Presentation 2014

Mar 2, 2014

Hansen Technologies Investor Presentation

[3-5 March 2014 ]

Hansen Overview

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Introducing Hansen Technologies

• Founded in 1971, Listed on the ASX (HSN) in 2000

Our team

• 400 plus staff worldwide, located in 12 countries with primary offices in Australia, UK, USA, NZ and China

• Stable management team

• IT staff tenure double industry average

Financial strength

• History of solid cash flow generation

• No external debt

• Restructured and more distributed shareholder base

• History of dividend distribution and capital returns - $53m returned to shareholders since 2007 (including 2014 interim dividend)

International operations

• Software solutions operating in 43 countries, including the following countries and regions: Australia, USA, Japan, UK, Spain, Ireland, New Zealand, Canada, South America, Africa, Scandinavia, India, Middle East & China

• Strategic acquisitions in 2008, 2010 and 2013 x 2 all paid for from in house cash reserves

Key investment metrics

ASX code HSN Ordinary shares on issue 160.6 m Options on issue 5.6 m Share price 27 February 2014 A$1.30 Market capitalisation A$209 m Cash / debt A$14 m / nil debt Enterprise Value A$195 m Dividend FY13 / Yield 6 cents / 5%

Half year results

 Strong first half performance, with growth over pcp positively impacted by organic growth and acquisitions (ICC and Utilisoft)

6mths ending A$ million	Dec-12	Dec-13	% change
OperatingRevenue	26.8	41.2	+54%
EBITDA	6.4	11.2	+75%
Profit before tax	5.4	9.1	+69%
Income tax expense	(1.6)	(1.9)	+19%
Net Profit After Tax	3.8	7.2	+89%
Earningsper share(cents)	2.4	4.5	+88%

Half on half comparison

 Six months to December 2013 has also shown solid growth over the half year ending June 2013, a period which included a six month contribution from the ICC acquisition and four months from Utilisoft

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11%
38%
19%
46%
36%
39%
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A$m
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Half year 2014

 Performance positively impacted by

• Acquisitions of ICC and Utilisoft

• Solid organic growth

• Lower Aussie dollar compared with pcp

• Recent acquisitions successfully integrated

• Strong half on half EPS growth

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38% 36%
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Our stable industries

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Our core business: Customer Care & Billing

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Global Market Experience

North America Europe Asia / Pacific

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Why are we different?

 Australian software house

• software factories in Melbourne, Auckland, Shanghai, San Diego

• specialising in proprietary complex Billing software solutions

• mission critical software at the heart of customers cash flow

• sticky software with lengthy service life within well managed customer relationships

 Service focus – can operate software for our customers

• Predictable and stable annuity revenue stream underpinning the financial model – no debt and have returned $53m to shareholders since 2007 via dividends and capital returns[(1) ]

• Customers spread by geography and industry

  • stable industries: Energy, Telecommunications, Pay TV

• (1) including 2014 interim dividend

Company growth strategy simplified

• Pursue wall-to-wall services for our customers

• Turn key packaged solution and any other variable specified by the customer

• Sell existing suite of products to new customers

• HUB, Peace, Utilisoft and Nirvanasoft for Energy/Telco

• ICC for Pay TV

• Acquisitions that leverage our knowledge and location

Adding value through acquisitions

• As a mid-cap, Hansen has a successful disciplined M&A track record

• Peace, NirvanaSoft, ICC, Utilisoft

• Hansen targets acquisitions

• in and adjacent to its core business

• to gain additional market reach

• Strong business review and gating culture

• Tried and tested business integration approach

Fiscal 2014 outlook

• Similar revenue result to first half expected in second half

• Continue to target an EBITDA margin of 25%+

• Solid platform for continued growth

• Success of recent acquisitions validates our selection criteria, and execution methodology