ONE CLICK GROUP LIMITED — Capital/Financing Update 2023

May 2, 2023

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ASX / MEDIA RELEASE

3 May 2023

Significant Milestone Reached with One Click Mortgages Product Generating First Revenues

Key Highlights:

• One Click Mortgages has achieved a significant milestone with first revenues generated from this recently launched new product

• The revenue opportunity in One Click Mortgages is potentially significant for the Company and highlights the substantial value of the growing user database of over 65,000 users and how it can be further monetised at low or no additional marketing cost

• More near term sales are expected with positive engagement from early and effectively no cost marketing efforts to the West Australian Customer Base with a number of mortgage applications in progress

• The national roll out of the Mortgages product continues on a state-by-state basis, which is now currently live in Western Australia and Queensland, with Victoria, New South Wales and the rest of the states to follow

Fast growing life admin technology platform One Click Group Limited (ASX:1CG) (“Company”) is pleased to announce that it has commenced generating revenue from its One Click Mortgages product.

One Click Mortgages operates as a mortgage broker and is paid an upfront fee of approximately 0.60% of the amount being financed and a trail commission of approximately 0.15% per annum. The exact amount depends on the financial institution providing the finance.

Managing Director Mark Waller commented “This is a very significant milestone for the Company on a number of fronts. To achieve our first sale in this product so quickly after launch and start generating revenue, including an annuity style trail income, is a great achievement. We are also getting excellent engagement from early marketing efforts to our user base which is providing confidence that the revenue opportunity is significant in this new vertical. The One Click Mortgages product will provide customers a digital experience, allowing our customers to engage with the product on the device they choose, at the time they choose and where they want.

It also vindicates our strategy of monetising our existing and growing user base by offering them new products such as mortgages. With One Click Tax, Mortgages, Verify, Wills,

One Click Group Limited | ACN 616 062 072 | Suite 5 CPC, 145 Stirling Highway, Nedlands, WA 6009

Insurance as well as additional products in the pipeline, we are building a truly unique and valuable platform that is extremely scalable and positioned for continued rapid growth.

Our focus is on continuing to grow user numbers on the One Click Life platform whilst we expand the platform’s capabilities, increasing revenue opportunities within our user base.” The platform has been live in Western Australia for approximately a month and has recently gone live in Queensland.

As at 31 December 2022, One Click Life had over 65,000 registered users on its platform. Its registered user base grew over 60% during 2022. The significant growth in user numbers demonstrates a growing demand for digital financial services in Australia. The average age of a One Click Life customer is 31, which provides opportunity to provide multiple lending solutions within that age demographic. The Company intends to market this product to its existing user base, providing a low cost of marketing for this new product.

This ASX Announcement has been authorised for release by the Board.

For further information please contact:

One Click Group Limited T: + 61 8 9389 3160

E: mark@oneclicklife.com.au W: www.oneclickgroup.com.au www.oneclicklife.com.au

About One Click Group

One Click Life is a fast-growing Australian based financial technology platform positioned to disrupt and capitalise on the increasing market demand for online self-directed financial and life admin services.

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The platform’s primary competency and revenue stream at the moment is online tax. The One Click Life platform now contains a lending competency and a number of other products for users, with online wills and private health insurance already available with more new products to come in the future. The One Click Life platform aims to be the one stop shop for everyday Australians who want to manage their financial life admin across, tax, wills, insurance, mortgages, investing and more.

One Click Verify is a digital identity verification platform allowing businesses to digitally identity their customers as part of an onboarding or transaction process.

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One Click Group Limited | ACN 616 062 072 | Suite 5 CPC, 145 Stirling Highway, Nedlands, WA 6009