IODM LIMITED — AGM Information 2025

Nov 12, 2025

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AGM Presentation Approved for release by the Board November 2025

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IODM at a
Glance
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FY25 Result Highlights Reflects a shift to International Education build out

Operating Cash Receipts AUD 2.65m Up 29% from 2.06m Domestic Revenue

Total Revenue

NPAT Receipts AUD 2.65m AUD (2.96m) Up 29% from 2.06m Up 4.5% from( 3.1m) Domestic Revenue Onboarded Universities AUD 0.81m 14 Up from 0.79m Up 180% from 5

AUD 2.76m Up 45% from 1.91m

UK Education Revenue AUD 1.94m Up 80% from 1.08m

Sizeable shift to UK Education Revenue and investment in staff in Australia, United Kingdom and North America

Revenue (Company)

Revenue share model : UK Education receipts have grown significantly during the course of the year, and into FY26 with revenue up 95% versus pcp. Management

Subscription: Sales pipeline is large with Tier 1 commercial clients in Australia.

Development: Prospective client pipeline continues to grow as clients pursue individualised customisation.

Quarterly Revenue FY25 v FY24

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$1,000,000
$800,000
$600,000
$400,000
$200,000
$-
Q1 Q2 Q3 Q4
FY24 FY25
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IODM Monthly Revenue FY25 vs FY24

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$400,000
$300,000
$200,000
$100,000
$0
FY24 FY25
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
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UK Business

Industry: The UK Education market for International students is strong and has recovered post-pandemic. The number of international students has increased.

Management Business: IODM has continued to onboard additional universities and built a working model on the business behaviour of the universities as well as a payment profile of the students. This has enabled the Employees payments platforms to increase the size of their wallet share of each university and consequentially IODM revenue.

Other Industries: IODM has built and now enjoys a solid reputation in the UK education sector and has leveraged that reputation to execute agreements in other Board regions with multiple payment companies.

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UK Revenue

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$400,000
$300,000
$200,000
$100,000
$0
University
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Existing University Growth > 12 month

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$300,000 Disclosed
24 Jul 2025
$250,000
Organic
$200,000 acceleration
achieved
$150,000 following
analysis of
$100,000 12 months
of data
$50,000
$-
Apr May Jun Jul
Apr 24 - Jul 24 Apr 25 - Jul 25
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FY25 Operations Summary

	FY25	FY24
Revenue	$2.76m	$1.91m
UK Revenue	$1.94m	$1.08m
Cash Receipts	$2.65m	$2.06m
Universities Onboarded	14	5
Revenue Share Agreements	4	1
Cash Conversion Ratio	111%	150%

Robust Cash Conversion

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UK – Revenue Growth

UK Education Performance October 2026 YTD v PCP	UK Education Performance October 2026 YTD v PCP	UK Education Performance October 2026 YTD v PCP	UK Education Performance October 2026 YTD v PCP	UK Education Performance October 2026 YTD v PCP	UK Education Performance October 2026 YTD v PCP	UK Education Performance October 2026 YTD v PCP	UK Education Performance October 2026 YTD v PCP
Educational Institution (EI)		FY25 YTD	FY26 YTD		Uplift
		AUD $	AUD$		AUD$		%
Existing EI’s		486,000	741,000		255,000		52%
New EI’s		18,000	241,000		241,000		1238%
Total		504,000	982,000		478,000		95%
UK Education Min Payment Thresholds
Threshold Level	Monthly Min Pmt (GPB )			Annual Min Pmt (AUD)		Month Achieved
1	25,000			601,305		Dec 24
2	50,000			1,202,611		Jan 24
3	75,000			1,805,416		Oct 24
4	100,000			2,407,221		Jul 25
5	125,000			3,009,027		-
AUD/GBP Assumption = 0.4985

• The company successfully reached the minimum threshold of GBP75,000/month during FY25

• Further it achieved the minimum threshold of GBP100,000/month in July 25

• Both the above were as a directly attributable to the FY25 UK revenue share performance

The above demonstrates the revenue growth for the payments platform, the revenue growth for IODM including the increase in the minimum monthly threshold, and the revenue collection results for the Uni, being a win-win-win.

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Education revenue and other opportunities

7

UK

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Education
revenue
update
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October FY26 YTD revenue $982k, up 95% PCP

Strong comps for all Education Institutions (October FY26 YTD v PCP):

• New Education Institutions: revenue of $241k up 1238% on PCP; and

• Existing Education institutions: revenue of $741k up 52% PCP

Convera exclusivity expires 31 December 2025, however all parties (universities, Convera and IODM) are united in the motivation to continue revenue share agreement whether that be exclusive or non-exclusive

Change in student fee payment timings due to initiation of deferred payment plans by universities utilising the IODM Connect platform and IODM student portal. Gross revenue entitlement to IODM not impacted – only timing of recognition.

New IODM Connect student portal launched, allowing students live access to their university financial records. Portal launched to meet pent up demand from universities

North America

Second revenue share agreement executed with TransferMate complementing Convera

IT integration with TransferMate complete, including global capability

Marketing collateral and GTM strategy finalised and campaign launched

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General
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Board Renewal

• Karen Penney appointed interim chair in a transition from Dr Paul Kasian

• Senior Finance professional Paul Masi appointed as a Non-executive Director

• Diana Heggie resigns as Non-executive Director

• Ms Karen Penney and her fellow directors will undertake further evaluation of Board composition and skillsets, particularly given the international commercialisation opportunities being pursued by the Company at the present time.

Relocation of CEO

• The CEO will be undertaking a relocation to the UK for the purpose of driving the plethora of growth initiatives available to the company. IODM has abundant opportunity in both the UK and North American Education sector and the relocation of the CEO is for the specific purpose of significantly increasing the penetration of IODM connect into UK EI’s and North American EI’s.

• The benefits of relocation have been reinforced by the significant enquiry level from EI’s (both current users of IODM connect and otherwise) following the first of IODM’s education webinars

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A endix pp

10

Board of Directors

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• Karen • 30+ years experience in executive positions in renowned global companies, including American Express and Convera

• Penney • Holds a MA (Oxon) in English Literature Interim Chair • Currently services as a Board Trustee on both Tempo Time Credits and Clothing Collective

• David Ireland • 30+ years experience in the ICT industry and in the sale of enterprise solutions to large companies and Non-Executive Government Director • 28 years experience at Unisys , holding senior roles including Director of Sales for Asia Pacific Japan

• 28 years experience at Unisys , holding senior roles including Director of Sales for Asia Pacific Japan

• • Former Non-Executive Chairman of BOS Global Limited , an AIM listed IT company

• Paul Masi • Accomplished senior finance professional Non-Executive • Chair of Greenwich Capital, Director of Shaw and Partners, Stockbrokers Director • Former CEO of Austock Group Limited and Bank of America Merrill Lynch Australia

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Executive team

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Mark Reilly • Chartered Accountant with 30+ years of experience in the banking and finance industries in an advisory Chief Executive capacity Officer • Formerly at Coopers & Lybrand (now PwC) in insolvency before establishing his own accounting practice

• Formerly at Coopers & Lybrand (now PwC) in insolvency before establishing his own accounting practice

• • Previously held Director positions at Black Star Petroleum, Harvest Minerals and Forte Energy

Petrina Halsall Chief Financial Officer

• Experience in advising small to medium enterprises (SME) on growth strategies, valuations and corporate restructuring

• Formerly held managerial roles at Evans Partners and BDO Wealth Management

• • Associate of the Institute of Chartered Accountants Australia and New Zealand

James Burke Chief Technology Officer

• Profound Technical Expertise with architect level certifications across multiple IT domains

• Formerly held roles as Acting Director and CIO of ITS for the Victorian Government

• • Holds an MBA with a specialisation in technology from University of NSW

Ashley Clayton Chief Operating Officer

• Experienced and proven creative software solution sales professional/leader

• • Formerly held roles at Qantas Group, Noble Systems, Open Wave and Vodafone

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Disclaimer

Summary Information - This presentation (“Presentation”) is prepared by IODM Limited (ABN 28 102 747 133) (“IODM” or the “Company”) to provide summary information about IODM. IODM is an Australian public company listed on the Australian Securities Exchange (ASX). Statements in this presentation are made only as at the date of this presentation and the information in this presentation remains subject to change without notice. Distribution of this document in certain jurisdictions may be restricted by law and therefore persons should inform themselves about these restrictions.

This is not financial product advice - The information in this presentation is of a general nature and does not purport to be complete. 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. This presentation does not purport to summarise all information that an investor should consider when making an investment decision. IODM recommends that you do not act on any information contained in this Presentation without first consulting your investment adviser to determine whether an investment in the company is appropriate for your investment objectives, financial situation and particular needs. You should make your own assessment of an investment in IODM based on further information which can, in part but not limited to, be found in IODM’s periodic reports and other continuous disclosure announcements released to the Australian Securities Exchange which are available at www.asx.com.au and should not rely solely on this presentation. In all cases, you should conduct you own research and due diligence of IODM and analysis of the financial condition, assets and liabilities, financial position and performance, profits and losses, prospects and business affairs of IODM and its businesses, and the contents of this presentation. You should seek legal, financial, tax and other advice appropriate for your jurisdiction.

Past performance - Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance.

Future performance - This presentation contains certain forward-looking statements with respect to the financial condition, operations, annualised revenue and business of IODM and certain plans and objectives of the management of IODM. Forward-looking statements can be identified by the use of forward-looking terminology, including, without limitation, the terms “believes”, “estimates”, “anticipates”, “will”, “expects”, “predicts”, “intends”, “plans”, “goals”, “targets”, “aims”, “outlook”, “guidance”, “forecasts”, “may”, “will”, “would”, “could” or “should” or, in each case, their negative or other variations of comparable terminology. These forward-looking statements include all matters that are not historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which because of their nature may cause the actual results or performance of IODM 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 IODM’s present and future business strategies and the political and economic environment in which IODM will operate in the future, which may or may not be reasonable, and are not guarantees or predictions of future performance. No representation is made that any of these statements or forecasts will come to pass or that any forecast result will be achieved. Forward-looking statements speak only as at the date of this presentation and to the full extent permitted by law, IODM and its affiliates and related bodies corporate and each of their respective 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 this presentation).

Financial data - All figures in the presentation are A$ millions unless stated otherwise and all market shares are estimates only.

Financial information - All pro forma and forecast financial information provided in this presentation is for illustrative purposes only and does not represent a forecast or expectation by the Issuer as to IODM’s future financial condition and / or performance.

Disclaimer - No representation or warranty, express or implied, is made by the Company that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisers and agents expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this presentation, or any opinions or beliefs contained in this document, and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. The Company is under no obligation to update or keep current the information contained in this presentation or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the presentation are subject to change without notice.

Unverified information - This presentation may contain information (including information derived from publicly available sources) that has not been independently verified by the Company .