HUBIFY LIMITED — Investor Presentation 2018

Apr 22, 2018

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Business Overview

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We provide global connectivity, communication and payment platforms.

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Important Notice

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DISCLAIMER

This presentation contains information, ideas and analysis which are proprietary to United Networks Limited (“United Networks”). This presentation has been prepared by and issued by United Networks to assist in informing interested parties about the Company and should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation.

This presentation may contain forward looking statements. Whilst United Networks has no reason to believe that any such statements are either false, misleading or incorrect, it cannot and does not warrant or guarantee that through either the passage of time or actions beyond the control of United Networks they will not become so. You should not act and you must refrain from acting in reliance on any of this presentation material. Nothing contained in this presentation constitutes investment, legal, tax or other advice. This overview of United Networks does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the Company’s prospects.

Neither the Company nor its advisers has verified the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum extent permitted by law, the Company make no representation and give no assurance, guarantee or warranty, express or implied, as to, and take no responsibility and assume no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omissions, from any information, statement or opinion contained in this presentation. The contents of this presentation are confidential. This presentation is being provided to you on the condition that you do not reproduce or communicate it or disclose it to, or discuss it with, any other person without the prior written permission of the Company.

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Overview

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Content	Page
What we do and the business model	4
Our Key Partners	5
United Networks Solutions	6-8
Why Insurtech	9
Our Operations and Key Financials	10-15
Strategy and Summary	16-19
Contacts	20
Capital and Share Summary	21
Timeline since IPO	22

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What we do

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We leverage our connectivity to add value through Proprietary engagement and Payment services.

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Our Key Partners

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Our strength is in the partners we keep

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Connectivity Solutions - Global SIM, Wi-Fi & Global Tracker (Coming Soon)

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Engagement Solutions

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Insuretech Solutions

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Why insurtech

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US$2.3 billion invested in insurtech in 2017

Global Insurance is $4.2 trillion dollar industry

76% if insurers felt they are too slow at bringing new products to market

Market Size est by 2020 Insurtech $72.5b Travel insurance $28.3b

We have an advantage when it comes to culture. We are a technology company in the insurance and travel space with leading partners, not an insurance or travel company that invests in technology

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5. Our business model - Revenue stats

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Sales set to grow in Q4 with new partnerships and promotions coming online

SIM Sales a cyclical with Jan - Mar typically the lowest travel activation period

310% Increase in revenue from Wi-Fi App (March 18) and 160% on the Previous Q2 results

*The numbers presented are the quarterly results for Operational Sales, overheads and EBITDA they are not audited

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Latest Financials - Profit and Loss

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Restructuring has resulted $1.2m in annualised savings

This equals to approx 30% of peak operational overheads

Overheads are now at sustainable level to unpin growth

*The numbers are not audited and represent the total overheads before amortisation and depreciation

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Operational Cash Flow

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New business combined with restructuring are on track to deliver operating cashflow positive Q4

Q3 result includes $180K of non recurring restructuring costs

Objective: Cash positive (RND Grant) and operationally neutral Q4.

*The numbers presented is the operating cashflow of the business by quarter are note audited based on the Appendix 4c Quarterly operating activities

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Connectivity Stats

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Average revenue per SIM $83 increase 20% from Jan’17. Average margin per Sim has increased 50% over the period.

SIM order volume increased 30% in Q3 compared to Q2 FY18.

Increase activity with existing and 3 new resellers onboarded

End of March circa 10,000 new SIM forward orders in hand

*The numbers presented are the total sim orders since the start of global sim and the average revenue for active sims by quarter

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Connectivity Stats

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Q3 take is upto 35% of offers

96% compounded growth in new activations quarter on quarter for FY 18

Chubb Connect SOS Launched in Jan ’18

3 new partners signed in the March Quarter with GO Live scheduled in Q4

*The numbers presented are total paid Wi-Fi orders received

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Strategy & Summary

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Strategic Priorities

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Strategic Priorities – Immediate term

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Summary

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Revenue set to grow

• Connectivity revenue

• promotions and increased rollout with existing partners

• A new global insurer and new resellers set to launch in Q4 2018

• Engagement revenue

• Chubb connect SOS alerts now live earning revenue

• Insurtech launch

• Flight delay compensation due to launch in Q4 with Chubb

• Financial metrics goal

• Overheads reduced and margins increased - return to cash flow positive

• Research and Development grant lodged

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Contacts

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Nicholas Ghattas

Anthony Ghattas

Mark Gell

Chief Executive Officer Chairman Investor Relations

D +61 2 9003 9514 D +61 2 9003 9501 D 0419 440 533 E nghattas@unitednetworks.net.au E aghattas@unitednetworks.net.au E mgell@reputationedge.com.au

Level 2, 100 William Street Woolloomooloo, NSW

Australia • New Zealand • Hong Kong • North America • Europe

www.unitednetworks.net.au

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6. Capital table and Share Price

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Detail		Value
Market Cap		$5.00m
Shares on Issue		125,824,949
Options		14,000,000
Top 20 at listing		82.31%
Escrowed Shares		76,416,248
Cash at Bank		$1.222m
Shareholder	Shares	%
AUTOPILOT CONSULTING P/L	38,208,124	30.37%
TEMONT PTY LTD	38,208,124	30.37%
FARJOY PTY LTD	6,300.000	5.01%
CVC LIMITED	2,960,525	2.35%
LEDA HOLDINGS PTY LTD	2,500,000	1.99%
BOND STREET CUSTODIANS	2,500,000	1.99%

Shareholder	Shares	%
AUTOPILOT CONSULTING P/L	38,208,124	30.37%
TEMONT PTY LTD	38,208,124	30.37%
FARJOY PTY LTD	6,300.000	5.01%
CVC LIMITED	2,960,525	2.35%
LEDA HOLDINGS PTY LTD	2,500,000	1.99%
BOND STREET CUSTODIANS	2,500,000	1.99%
HUMBERTO VIEIRA	1,666,667	1.32%
RICHARD ALBARRAN	1,333,334	1.06%
ROLAY PTY LTD	1,333,334	1.06%
TUWELE PTY LIMITED	1,250,000	0.99%
Total	96,260,1082	76.51%

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6. Key Milestones since listing

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Q4 RELEASE

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© United Networks Ltd