JCURVE SOLUTIONS LTD — AGM Information 2011

Nov 23, 2011

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2011 Annual General Meeting

CEO’s Presentation Matthew Parry November 2011

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Hi hli hts g g

• Continued strong revenue growth

Stratatel Revenue

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Challenges

• Previous two years EBITDA impacted by revenue growth strategy

Stratatel EBITDA

• Current year EBITDA impacted:

• Investment in Sales & Marketing with limited return

• Tough economic conditions

• Investment in South African Opportunity

• Change in Accounting Treatment for S&C

• Restructured for profitability

• Separate divisions

  • Telecommunications Expense Management (TEM)

  • Print Expense Management (PEM)

  • Services & Consulting (S&C)

• Each division is profitable in medium term

• Corporate overhead allocated by division.

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Hi hli hts: TEM g g

• Channel Strategy

• Continue to build on revenue growth with partners including Optus

• Major opportunities in South Africa with major Telecommunication provider

  • Contracted Revenue

  • Additional Upside

• High Margin Business

• • TEM Offerings

• Self-Managed

• Outsourced administration

• Outsourced administration and procurement

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Hi hli hts: TEM g g

• Direct Customer Value Proposition

o 35% to 45% reduction in telecommunications expenditure

o Administrative Efficiency

o Keep carriers honest

o Maintain Corporate Governance

o Carrier Value Proposition

• Single view of their data

• Multiple carrier data can be included

o Minimise investment and maximise features & functions

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Highlights: PEM

• Re-focus towards corporate market (complement TEM & S&C Sales focus)

• Product re-alignment to CostManager & follow&go

• Sales re-alignment

o Australia: eight active channel partners

• Internationally: Singapore, Hong Kong, Malaysia & South Africa

• Value per sale increased 34%

• High margin product

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Hi hli hts: Services & Consultin g g g

• Strong Growth in WA and SA

• Depth of services capability

• Acknowledge:

• East Coast Investment did not yield the desired sales result

• Start of the Financial Year tough selling conditions

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Strategic Focus to Increase Shareholder Value

• Maximise EBITDA

• Focus on TEM opportunities

• Internationally South African Joint Venture

• Domestically other channel opportunities

• Investment in TEM innovation

• Improved alignment of Sales target market

• Client Retention

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O ortunities & Outlook: TEM pp

• South African Joint Venture

• Contracted minimum revenues (3 years)

• Substantial opportunity, potential game changer

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O ortunities & Outlook: TEM pp

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• FleetManager® Investment

o TEM revenue $32.2 million over past 10 years

o Innovative development to increase future revenue streams

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• Client TEM

• Rise of smart devices

• Increased integration

• Ease of Administration

• Carrier Bill Reporting

• Re-rate, re-bill

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• Near real time data

• International Opportunities

• Australian Opportunities

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O ortunities & Outlook: PEM pp

• Continued drive towards higher value sales

• Building national partners and examining international partners

• Sales Target Markets more closely aligned to TEM & S&C

• Growing in significance to Stratatel as margins improve

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O ortunities & Outlook: S&C pp

• Focus on profitable part of the business

• Consolidation of Business to the customer base of South Australia and Western Australia

• Improve profitability

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Summar y

• Tough start to the financial year

• Underlying business models are sound

• Back on track to achieve positive EBITDA for the full year

• South African Joint Venture a potential game changer

• Investing in FleetManager® system and TEM business

• Exploring further channel opportunities domestically and internationally across TEM and PEM

• Strategic focus and intention aligned to substantially increase EBITDA and shareholder value in the medium term.

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Cor orate Director p y

DIRECTORS

Ian Macliver Chairman Michael Fairclough Non-Executive Director Graham Baillie Non-Executive Director

Sarah Smith

Company Secretary

OFFICERS

Matthew Parry

James Butchers

HEAD OFFICE Level 4, 22 Atchison Street St Leonards NSW 2065 Tel: +61 2 9467 9200

Chief Executive Officer Chief Financial Officer

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Disclaimer

• The information contained in this presentation (“Presentation”) has been prepared by Stratatel Limited (“the Company”) and is being delivered for informational purposes only to a limited number of persons to assist them in deciding whether or not they have an interest in investing in the Company. The Presentation has not been independently verified and the information contained within is subject to updating, completion, revision, verification and further amendment. The Presentation does not purport to contain all information that a prospective investor may require. While the information contained herein has been prepared in good faith, neither the Company nor its shareholders, directors, officers, agents, employees, or advisors give, has given or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as “Information”) and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising from the use of this Presentation. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent.

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• This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisors. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumption and each recipient should satisfy itself in relation to such matters.

• This presentation may contain “forward looking statements”. Where the Company expresses or implies an expectation or belief as to future events or results such expectation or belief is expressed in good faith and believed to have reasonable basis. However, “forward looking statements” are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such “forward looking statements”. The Company does not undertake any obligation to release publicly any revisions to any “forward looking statement” to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as may be required under applicable laws.

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