MOTIO LTD — Board/Management Information 2018

Oct 31, 2018

1 November 2018

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Board Appointments and Resignations

Transit technology company XTD (ASX:XTD) is continuing its evolution to best position itself for the Smart Cities environments of the future. The XTD Board has been working on restructuring the business to focus on the development of strong technology/software products that are consistent with clear market opportunities, including:

• a suite of unique digital products that provide potential global opportunities for XTD and are now moving into a commercialisation stage.

• an innovative solution to be effective in large urban precincts that combines the technology smarts of XTD and its technology division Contact Light that has the potential to be transported to international markets

• continuing to develop our IBM relationship through their strong Australian Government links and international sales and marketing capabilities.

XTD is pleased to announce the appointment to the Board of Justus Wilde, Jason Byrne and Mark Niutta who bring substantial experience in commercialising technology and are well positioned to accelerate XTD’s ambitions.

Justus Wilde

Justus is a digital retail executive with 20 years’ experience working in consultancy, technical and business leadership roles across Australia, USA, Hong Kong/China and New Zealand. Justus founded Amblique, a leading digital commerce consultancy, and spent 16 years growing it. In 2013 STW Group, now WPP ANZ (ASX:SGN), acquired a minority stake and in 2015 eCargo (ASX:ECG) acquired the entire business. Following this he spent time in China as CTO for MyMM, a JV between Wharf Holdings, Lane Crawford Joyce Group and eCargo Limited establishing a new eCommerce platform.

Presently Justus is leading a new innovation investment arm for New Zealand's largest listed retail group based in Auckland.

Jason Byrne

Jason has 25 years’ experience building technology businesses in a wide variety of industries - legal, procurement and logistics, e-commerce, offshore development, and bookmaking. In this time Jason has successfully commercialised and exited three businesses to

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listed/multi-national companies - Wolters Kluwer N.V. (AMS:WKL), Sonepar (French multinational) and eCargo Ltd (ASX:ECG).

Presently Jason is an investor in Sportcast, a fast growing bookmaking technology company that has offices in Australia and London. Jason has been appointed XTD’s Interim CEO effective today.

Mark Niutta

Mark Niutta has been involved in stockbroking since 1986 whilst working at the Perth Stock Exchange (now ASX). In addition to corporate experience he has been extensively involved in capital raising and IPO’s.

Mark was an authorised representative and unit holder of Australia's largest retail broker for 13 years (now Morgan Stockbroking). Mark has formerly been a director of XTD Limited and was instrumental in the company’s ASX listing. As such he has extensive knowledge of XTD’s Cross Track Digital systems.

Current Board members Frank Hurley, Stuart Richardson and Quentin Gracanin have resigned to make way for the new Board members, effective Thursday November 1, 2018.

We look forward to the new team taking XTD’s strategic direction further and realising the business’ many opportunities.

Further announcements about Board composition are expected in the next few months, as we continue to position the business in this exciting new stage.

For further information contact:

Jason Byrne

Non-Executive Director +61 8 9486 4036

Nathan Ryan

Investor relations and media +61 420 582 887 nathan.ryan@nwrcommunications.com.au