KNOSYS LIMITED — Capital/Financing Update 2020

Jun 9, 2020

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Knosys Limited ABN 96 604 777 862 Level 8, 31 Queen St Melbourne Vic 3000 www.Knosys.it (ASX: KNO)

ASX Announcement 10 June 2020

ANZ BANK New Zealand signs contract for migration to a Standalone KnowledgeIQ System

• ANZ Bank New Zealand signs agreement with Knosys to assist with BS11 compliance

• Knosys to migrate ANZ Bank New Zealand data to NZ standalone KnowledgeIQ system

• ANZ Bank New Zealand’s KnowledgeIQ system will separately support 6,000 existing local users

• Contract value approximately $840,000 in professional services

Knosys (ASX: KNO) is pleased to announce that ANZ Bank New Zealand has signed a contract to implement a standalone KnowledgeIQ system, situated on premise in New Zealand. This project is driven by New Zealand banking regulations, specifically Banking Standard 11 (BS11). This regulation requires New Zealand based banking businesses to have their own service operations and technology systems, which are independent of the operations of any foreign parent entity.

“We are pleased to be able to work with ANZ Bank New Zealand directly and look forward to assisting them in establishing a local KnowledgeIQ system within their country. Whilst they will focus on establishing the infrastructure necessary to run the knowledge management solution, Knosys will be responsible for the design of the infrastructure and support on commissioning and deployment of the system”, said Knosys’ Managing Director John Thompson.

This professional services contract is expected to continue for 9 months and will generate approximately $840,000 in project fees for Knosys. As part of this project Knosys will be providing software services to assist ANZ Bank New Zealand with data migration from the Australian ANZ Group system and ingestion into the local New Zealand KIQ platform.

ANZ Bank New Zealand is already a large user of the KnowledgeIQ solution provided at ANZ Group level, with 6,000 licensed users in NZ. These user numbers demonstrate the importance of the relationship and Knosys hopes to work more closely with the New Zealand operation to explore opportunities to expand and develop this relationship further.

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ABOUT KNOSYS

Knosys is a growing Australian cloud software company that is simplifying enterprise knowledge to improve the productivity of employees and improve customer experience. Our KIQ Cloud service is the knowledge management solution transforming the digital workplace by ensuring all forms of knowledge are accurate, relevant to the user, compliant and easy to find. The KIQ Cloud knowledge management platform is intuitive and does the hard work. It uses the knowledge of real experts and the analytic power of machine learning to organise and share information for greater productivity. It is an organisation-wide solution for all industries, trusted by businesses and enterprises in the banking, telecommunications and government sectors.

For more information please visit: http://www.knosys.it

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