IDENTITII LIMITED — Interim / Quarterly Report 2021

Aug 4, 2021

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Know YourTransaction

Q4 FY21 Quarterly Investor Update John Rayment, CEO, Identitii

5 August 2021

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Agenda

1. Welcome

2. Overview and progress update

3. Growth strategy

4. Key results

5. Questions

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Our vision

A trusted and transparent financial services industry, which is accessible to , and where financial crime is everyone impossible

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The market for RegTech solutions is growing

Global spending on RegTech will reach US$130B by 2025[1]

Major market drivers:

• Government regulatory enforcement

• • Increasing financial crime

• New industry players

• Accelerated digital adoption

US$287B[1]

The amount regulated entities currently spend meeting compliance and regulatory obligations

• Increased intelligence sharing

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What problem do we solve?

The information needed to process and report financial transactions is often incomplete, inaccurate or even missing, holding up payments and increasing the risk of non-compliance

The industry symptoms:

• Compliance requires significant amounts of information for every transaction

• • The information sits in multiple legacy systems and is hard to find

• Manual processes increase risk of human error and cost of compliance

78%

of firms expect they will need to collect more information for regulatory compliance, than they do today[2]

• Manual information sharing with regulators and counterparties is unsecure

• Different information is needed for each country regulator

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Our focus on customers, to-date

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Focus to-date: Large volume reporting entities: o Global banks o Australian banks + New (SaaS): Small volume reporting entities: o Credit Unions o Money Remitters o Super Funds o Insurance Funds o Casinos

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How does Software-as-a-Service (SaaS) help Identitii?

SaaS customers sign a software agreement and commence using the Overlay+ platform almost immediately

• Delivers a new additional revenue stream

• Speeds customer acquisition

• Greatly expands customer base to include:

• Smaller financial institutions

• Non-bank regulated entities including Casinos, Money Transfer Businesses and Super Funds

• Enables rapid onboarding

• Significantly expands Total Addressable Market

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Example small volume
reporting entities
Example large
volume reporting
entities
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What is driving the industry to engage us?

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The Banking Executive Accountability Regime (BEAR) , set out in Part IIAA of the Banking Act 1959, establishes accountability obligations for authorised deposit-taking institutions (ADIs) and their senior executives and directors. The regime also establishes, among other things, deferred remuneration, key personnel and notification obligations for ADIs.

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Our growth strategy

Deliver Land Focus on the basics, Leverage AUSTRAC’s and service existing public discussion of clients in HSBC, regulatory nonMastercard and compliance to drive HomeSend sales of Reporting

Expand Innovate Monetise Grow reporting deals to Continuously improve Monetise other include Request usecore Overlay+ platform previous technology cases (correspondent through ongoing investments, which no bank and remediation) innovation and product longer fit our core once contracts agreed updates RegTech strategy

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Performance against our growth strategy

	Deliver	Deliver	Land	Land	Expand	Expand	Innovate	Innovate	Monetise	Monetise
	ü	Investec Former Head	ü	Mastercard and	ü	Won Sibos Pitch	ü	Granted patent	ü	Launched Payble, to
		of Payments joins as		HomeSend join		Perfect Competition		approval in the United		fix late and failed
Q1 - Q3	ü ü	CCO Raised $5.9million Mastercard and HomeSend implementations	ü ü	customer list Won Citi 2020 Mega FinTech Accelerator Named ‘One to Watch’ by Regulation Asia	ü	Revenue from customers totalled $1.3M	ü	States ISO 27001 certification granted	ü	payments before they happen Payble received seed investment from CommBank's x15Ventures
Q4	ü ü ü	First customer goes live with Request First customer goes live using Overlay+ to report to AUSTRAC Full-year customer receipts up 28%	ü ü	Novatti signs 3 year licence for Overlay+ to further strengthen AUSTRAC reporting Named in Deloitte’s Asia Pacific Technology Fast 500	ü ü	HSBC renews original contract for another 3 years Deloitte and ASIC veteran joins the Board	ü ü	Overlay+ SaaS development commences and first customer announced IFTI-DRA functionality developed and first customer announced	ü ü ü	Payble receives additional $1M from x15ventures Payble signs first energy retail customer Payble attracts top talent from BPay

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Q4 FY21 financial results

• Cash receipts from customers were down $0.3M from the previous quarter, due to reduced professional services fees following successful go-live of two customer implementations

• Full year receipts from customers of $1.4M was up $0.3M and 28% on last year

• Cash outflows for Identitii were $2.0M, up $0.2M and 8% on the previous quarter, due to headcount increases in preparation for future committed works.

YOY Revenue Growth*

$1,500,000.00

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$1,000,000.00

$500,000.00 $- Revenue

634% Growth in revenue from customers over four years (FY18-FY21)

FY18 FY19 FY20 FY21

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• FY21 figures are unaudited

Questions?

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References

1. Juniper Research, ‘RegTech: Market Opportunities, Challenges and Forecasts 2021-2025’

2. 2021 Thomson Reuters Cost of Compliance Report

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Disclaimer and important notice.

This presentation has been prepared by Identitii Limited (ABN 83 603 107 044) (Identitii, Company) based on information available to it as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision.

This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in Identitii, nor does it constitute financial product advice or take into account any individual’s investment objectives, taxation situation, financial situation or needs. An investor must not act on the basis of any matter contained in this presentation but must make its own assessment of Identitii and conduct its own investigations. Before making an investment decision, investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. Identitii is not licensed to provide financial product advice in respect of its securities or any other financial products. Cooling off rights do not apply to the acquisition of Identitii securities.

Although reasonable care has been taken to ensure that the facts stated in this presentation are accurate and that the opinions expressed are fair and reasonable, no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Identitii, its officers, directors, employees and agents, nor any other person, accepts any responsibility and liability for the content of this presentation including, without limitation, any liability arising from fault or negligence, for any loss arising from the use of or reliance on any of the information contained in this presentation or otherwise arising in connection with it.

The information contained in this presentation is subject to change without notice and Identitii does not have any responsibility or obligation to inform you of any matter arising or coming to their notice, after the date of this presentation, which may affect any matter referred to in this presentation.

The distribution of this presentation may be restricted by law and you should observe any such restrictions.

This presentation contains certain forward looking statements that are based on the Company’s management’s beliefs, assumptions and expectations and on information currently available to management. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results or performance of Identitii to be materially different from the results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the political and economic environment in which Identitii will operate in the future, which are subject to change without notice. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecast.

To the full extent permitted by law, Identitii and its directors, officers, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates or revisions to information to reflect any change in any of the information contained in this presentation (including, but not limited to, any assumptions or expectations set out in the presentation).

*This presentation has been approved and authorised to be lodge with ASX by the Board of Identitii Limited

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Know Your Transaction

Email: investors@Identitii.com Phone: +61 2 8806 0438 Web: www.identitii.com

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