KNOSYS LIMITED — Board/Management Information 2018

Sep 26, 2018

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Knosys Limited ABN 96 604 777 862 Suite 9.08, Level 9, 2 Queen St Melbourne Vic 3000 www.Knosys.it (ASX: KNO)

ASX Announcement

27 September 2018

Richard Levy resigns as Non-Executive Director and John Thompson is appointed as Managing Director

Knosys Limited (ASX: KNO) (Knosys or Company) announces that Richard Levy has resigned as a Non-Executive Director of Knosys Limited and that that CEO Mr John Thompson has been appointed to the Board, as Managing Director.

Resignation of Mr Levy

Richard (Dick) Levy, one of the founders of the Knosys business, has resigned his directorship of Knosys Limited in order to pursue his other business activities and other personal interests. Mr Levy was integral to the initial development of the Knosys business in its private structure and was one of the initial non-executive directors appointed to the board of Knosys Limited in 2015.

Knosys Chairman, Hon Alan Stockdale, said “Knosys has been fortunate to receive the benefit of Dick Levy’s wide business experience while a director of the Company and in particular during the transition of the Company through its IPO in September 2015 to the stage it is at today. The Company acknowledges Dick’s contribution to the success of Knosys to date and wishes him the very best for the future.”

Appointment of Mr Thompson as Managing Director

John Thompson was appointed as CEO of Knosys in July 2016 and has now accepted the invitation to join the Board of the Company.

Mr Stockdale stated “Mr Thompson has led the company successfully since his appointment as CEO, building a strong team, improving and developing the Knosys product, winning new customers and, in the last financial year, achieving excellent growth in revenues and licence numbers. The directors are very pleased that John has accepted the invitation to join the Board and we look forward to working even more closely with him as he and his team continue to grow the business.”

“I am delighted to join the Board of Knosys”, said Mr Thompson “the business is currently on a strong footing with significantly improved financial and business metrics. The financial position of the business improved strongly during 2018 and the business is performing well in the current quarter.”

Mr Thompson added, “With the completion of the non-renounceable rights issue in August and revenue collections for this quarter, we now have a cash balance in excess of $3.8m. We intend to progressively increase our investment in sales, marketing, product development and customer success teams in order to drive APAC customer and revenue growth. I look forward to building on our recent success as we move strongly into this current financial year.”

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ABOUT KNOSYS

The Knosys Knowledge IQ platform is an enterprise-grade, knowledge management solution that enables companies through a machine learning approach to discover and deliver personalised information to staff and customers to transform productivity and engagement.

The solution is designed to be the #1 used app in the life of an information worker being available on their desktop, tablet or smartphone. It drives productivity and optimizes processes by incorporating process wizards, decision guidance, collaboration & feedback while at the same time learning based on user behaviors, patterns and profiles. It also acts as the single knowledge hub from which all digital engagement solutions such as chatbots, web sites, self-service kiosks can consume relevant information interact with end customers in a consistent manner.

For more information please visit: www.knosys.it

For further information please contact: John Thompson, CEO Knosys Limited T: +61 3 9046 9700 E: cosec@knosys.it