IGNITE LIMITED — AGM Information 2015

Nov 23, 2015

AGM Presentation November 2015 ABN 43 002 724 334

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Company overview

• Recruitment and IT services business

• Specialist in Permanent, Contract and Temporary placements

• Established business that has traded for over 30 years

• Offices in Australia, New Zealand, and China

• 14 Cities, 271 Employees

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FY15 summary

• Significant restructure

• Growth in NZ and China

• Australia profitable H2 2015

• Ready for growth

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Financial results

• Loss from ordinary activities of $11.3m (FY14: loss of $1.7m)

• $9.9m of one-off costs, provisions and write-downs in the year

• Underlying net loss of $1.4m (FY14: loss of $1.7m)

• Net cash of $0.6m (FY2014: $2.5m)

• Net assets of $24.5m (FY2014: 35.5m)

• No final dividend declared

• New funding facility secured

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4

Activity roadmap

Business transformation exercise nearly complete; framework in place to drive future growth, realignment as a technology driven recruitment business

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5

Our clients – Clarius Group ANZ

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Clarius is reimagining its future as a technology driven recruitment business

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• Recapturing a leadership position in classic recruitment services in select industry verticals

• Extending more aggressively into talent acquisition services

• Both opportunities enabled by deep sector know-how and smart technology tools

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Market outlook

• Australian political leadership change has created a more

• positive environment in the wider job market

• Optimism is returning to the NZ job market but ICT vacancies are well down

• Strong demand for IT professionals – our core business

• Shortage of skills in digital, ICT and mobile

• Free trade agreement with China is a major opportunity

• Flexibility increasingly important to both candidates and clients

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FY16 key objectives

• One culture in Australia – with employee ownership

• Implementing technology roadmap

• Further diversification of our on-demand business

• Narrow and deep in China with a focus on sustainability

• Right-size New Zealand and introduce new service lines

• Deploy initial “smart services” offerings to clients and candidates

• Profitable trading performance for FY16

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Appendix – Balance Sheet

Balance Sheet	June 2015	June 2014
Intangible Assets	$0.03m	$3.03m
Trade Receivables	$42.57m	$48.87m
Cash at Bank	$1.14m	$2.50m
Bank Borrowings	$0.50m	Nil
Provisions	$3.31m	$3.07m
Total Equity	$24.53m	$35.49m

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Disclaimers

The forward looking statements included in these materials involve subjective judgement and analysis and are subject to significant uncertainties, risks, contingencies, many of which are outside the control of, and are unknown to Clarius Group Limited. In particular, they speak only as of the date of these materials, they are based on particular events, conditions or circumstances stated in the materials, they assume the success of Clarius Group Limited’s business strategies , and they are subject to significant regulatory, business, competitive and economic uncertainties and risks.

Clarius Group Limited disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements in these materials to reflect any change in expectations in relation to any forward looking statements or any change in events, conditions or circumstances on which any such statement is based. Nothing in these materials shall under any circumstances create an implication that there has been no change in the affairs of Clarius Group Limited since the date of these materials.

No representation, warranty or assurance (express or implied) is given or made in relation to any forward looking statement by any person (including Clarius Group Limited). In particular, no representation, warranty or assurance (express or implied) is given in relation to any underlying assumption or that any forward looking statement will be achieved. Actual future events and conditions may vary materially from the forward looking statements and the assumptions on which the forward looking statements are based. Given these uncertainties, readers are cautioned to not place undue reliance on such forward looking statements.

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