ION VIDEO LTD — AGM Information 2023

Nov 27, 2023

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Annual General Meeting Linius Technologies Limited (ASX:LNU)

28 November 2023

Disclaimer

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This document has been prepared by Linius Technologies Limited (LNU). The information contained in this document is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. The information contained in this document is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. In preparing and providing this document, LNU has not considered the objectives, financial position or needs of any particular recipient. LNU strongly suggests that investors consult a financial advisor prior to making an investment decision.

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 LNU, its related bodies corporate, or their shareholders, directors, officers, employees, contractors, agents or advisors, nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence for any loss arising from the use of information contained in this document.

This document includes “forward-looking statements” within the meaning of securities laws of applicable jurisdictions. Forward looking statements can generally be identified by the use of the words “anticipate”, “believe”, “expect”, “project”, “forecast”, “estimate”, “likely”, “intend”, “should”, “could”, “may”, “target”, “plan”, “guideline”, “guidance” and other similar expressions. Indications of, and guidance on, revenue models, pricing, earnings and financial position and performance are also forward-looking statements.

Such forward-looking statements are not guarantees of future pricing, performance and events, and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of LNU, its related bodies corporate, and their directors, officers, employees, contractors, agents and advisors, that may cause actual results to differ materially from those expressed or implied in such statement. Actual results, performance or achievements may vary materially from any projections and forward-looking statements and the assumptions on which those statements are based. In particular, potential revenue opportunities and guideline pricing models set out in this document are based on certain assumptions which may in time prove to be false, inaccurate or incorrect. Readers are cautioned not to place undue reliance on forward looking statements and LNU assumes no obligation to update such information.

This document is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities in any jurisdiction, and neither this presentation nor anything contained in it forms the basis of any contract or commitment. Without limiting the foregoing, this document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities of LNU have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (Securities Act) or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and any other applicable securities laws or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws.

Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023

Summary of proxies received

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Resolutions	For	Against	Proxy’s discretion	Abstain / Excluded
Resolution 1 – Adoption of the Remuneration Report for the year ended 30 June 2023	169,467,552 (93.23%)	10,686,718 (5.88%)	1,355,273 (0.75%)	258,000 (N/A)
Resolution 2 – Re-election of Director – John Wallace	178,333,733 (93.83%)	10,380,594 (5.46%)	1,355,273 (0.71%)	- (N/A)
Resolution 3 – Election of Director – Barry McNeill	178,687,327 (94.01%)	10,027,000 (5.28%)	1,355,273 (0.71%)	- (N/A)
Resolution 4 – Approval for additional 10% placement capacity	174,689,803 (92.04%)	13,759,524 (7.25%)	1,355,273 (0.71%)	265,000 (0.14%)
Resolution 5 – Ratification of prior issue of Shares – August 2023 Placement made under LR7.1	29,045,337 (70.69%)	9,935,594 (24.18%)	2,105,273 (5.12%)	38,983,330 (48.69%)

Summary of proxies received

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Resolutions	For	Against	Proxy’s discretion	Abstain / Excluded
Resolution 6 – Approval for the issue of Placement Options – August 2023 Placement	28,745,337 (69.54%)	10,485,594 (25.37%)	2,105,273 (5.09%)	38,733,330 (N/A)
Resolution 7a – Approval for the issue of Shares and Options to Gerard Bongiorno – August 2023 Placement	176,765,154 (93.00%)	10,999,173 (5.79%)	2,305,273 (1.21%)	- (N/A)
Resolution 7b – Approval for the issue of Shares and Options to James Brennan – August 2023 Placement	176,975,154 (93.11%)	10,789,173 (5.68%)	2,305,273 (1.21%)	- (N/A)
Resolution 7c – Approval for the issue of Shares and Options to Barry McNeill– August 2023 Placement	177,207,154 (93.23%)	10,539,173 (5.54%)	2,323,273 (1.22%)	- (N/A)
Resolution 7d – Approval for the issue of Shares and Options to Steve McGovern – August 2023 Placement	169,173,097 (92.82%)	10,789,173 (5.92%)	2,305,273 (1.26%)	7,802,057 (4.10%)
Resolution 8 – Approval for the issue of Lead Manager Options – August 2023 Placement	177,520,609 (93.52%)	10,193,718 (5.37%)	2,105,273 (1.11%)	250,000 (0.13%)

Summary of proxies received

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Resolutions	For	Against	Proxy’s discretion	Abstain / Excluded
Resolution 9 – Ratification of prior issue of Shares – October 2023 Placement made under LR7.1A	66,377,279 (84.15%)	10,393,718 (13.18%)	2,105,273 (2.67%)	98,693,330 (N/A)
Resolution 10a – Approval for the issue of Shares to Gerard Bongiorno – October 2023 Placement	176,820,609 (93.03%)	10,943,718 (5.76%)	2,305,273 (1.21%)	- (N/A)
Resolution 10b – Approval for the issue of Shares to James Brennan – October 2023 Placement	177,030,609 (93.14%)	10,733,718 (5.65%)	2,305,273 (1.21%)	- (N/A)
Resolution 10c – Approval for the issue of Shares to Barry McNeill – October 2023 Placement	177,030,609 (93.14%)	10,733,718 (5.65%)	2,305,273 (1.21%)	- (N/A)
Resolution 10d – Approval for the issue of Shares to John Wallace – October 2023 Placement	176,780,609 (93.25%)	10,483,718 (5.53%)	2,305,273 (1.22%)	- (N/A)

Chairman and CEO address

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Gerard Bongiorno Chairman

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James Brennan Chief Executive Officer

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6

FY23 was transformational. FY24 started with built-in growth

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• Highest rate of new customer acquisition

• Linius solutions have now been validated in 15 sports, across 40+ federations, and customers in all 3 target geographies

• Record financial performance

→ 82% $496k FY23 Cash Receipts Growth

→ 49% $725k Contracted Billings Growth Next 12 months

Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023

7

Deal flow is accelerating

Each new deal makes the next deal easier …and bigger …and faster

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Near-term Pipeline Incl. US sports

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Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023

8

Linius delivers what every broadcaster wants: more viewing

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• Our GTM is about Replication and Scale

• We are in the broadcast market, which includes:

• Sports federations, creators, publishers, TV & OTT

• They all want the same thing – more viewing

• Case studies are relevant across all broadcast types

• Linius offer is the same for all

  • Same tech, content, data, use cases, sales model

• Opportunity to scale viewing and ability to monetize

  • Exponential revenue potential to Linius

• Broadcasters in the pipeline in all target geographies

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Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023

9

US sports market is critical and we have cracked it

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• Global sports market = ~$460b USD, NA is 37%

• Live service with first US customer, NAHL TV

• Contract expanded, securing 2 more customers

• First US college sports deal with Peach Belt Conference

• Breadth of Linius Media Solutions products being deployed

• These deals provide key visibility and validation of Linius in the US market

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Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023

https://www.researchandmarkets.com/reports/5849319/sports-global-market-opportunities-strategies

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US college sport is a perfect market to accelerate growth

• 1100 NCAA schools, 150 NCAA conferences, 24 sports

• NCAA Division 1 generated $15.8b USD in revenue in 2019

• Big 10 and SEC each generated over $2b USD in 2022

• Ohio Sate University generated $250m USD

• Total Addressable Market for Linius estimated at >$70m per year

• Solution for PBC is highly replicable

• Multiple opportunities in current pipeline with a range of conferences and schools

Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023

Growth Plan

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Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023

12

Recap

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• Transformational FY23 and fast start to FY24 with 49% growth locked in

• High value products with customer validation and case studies in key markets

• Rapidly expanding pipeline and accelerated deal flow

• Aggressive strategy to grow in key segments including US, college sport, and TV/OTT broadcasters

• Exponential growth segments in our addressable market

Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023

13

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Linius Technologies Limited (ASX:LNU) AGM, CEO Update | November 2023