ORCODA LIMITED — Investor Presentation 2021

Jul 28, 2021

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ORCODA LIMITED (ASX:ODA)

Australia’s leading Transport Logistics & Transport Services Provider

INVESTOR PRESENTATION

July 2021

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DISCLAIMER

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This presentation is the property of Orcoda Limited (“ Orcoda ”). No part of this presentation may be reproduced or transmitted in any form or by any means without direct permission in writing from Orcoda.

Reliance should not be placed on the information or opinions contained in this presentation. This presentation contains summary information about Orcoda as is current at 28 July 2021. The information in this presentation is of a general background and contains only an overview and summary of certain data selected by the management of Orcoda. The presentation does not purport to contain all the information that a prospective investor may require in evaluating a possible investment in Orcoda nor does it contain all the information which would be required in a disclosure document prepared in accordance with the requirements of the Corporations Act 2001 (Cth). It is not investment or financial product advice (nor tax, accounting or legal advice) and should not be used in isolation as a basis to invest in Orcoda. This presentation does not take into consideration the investment objectives, financial situation or particular needs of any particular investor. Any decision to purchase or subscribe for securities in Orcoda must be made solely on the basis of the information contained in the public domain and if necessary, after seeking appropriate financial and legal advice.

This presentation is not a prospectus, disclosure document or offering document under Australian law or any other law. It is for informational purposes only. This presentation is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Orcoda and neither this presentation nor anything contained in it shall form the basis of any contract or commitment. This presentation does not constitute an offer, solicitation or invitation in any, state or jurisdiction anywhere, or to any person to whom, such an offer or sale would be unlawful. This presentation is not intended as an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in the United States or to any person to whom it is unlawful to make such an offer, invitation or solicitation.

No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any person. To the maximum extent permitted by law, Orcoda and its affiliates, related bodies corporate and their respective officers, directors, employees, agents and advisors, do not accept any responsibility or liability (including, without limitation, any liabilities arising from fault or negligence) in relation to the accuracy or completeness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any person or for any loss arising from any use of this presentation (or its content) or otherwise arising in connection with it.

This presentation contains “forward looking statements” concerning the financial condition, results of operations and business of Orcoda. All statements other than statements of fact or aspirational statements, are or may be deemed to be “forward looking statements”. Orcoda’ forward-looking statements, intentions, forecasts, prospects, returns, expectations, statements in relation to future matters or other forward-looking statement contained in this presentation may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct. There are usually differences between forecast and actual results because events and actual circumstances frequently do not occur as forecast and these differences may be material. They are based on a number of estimates and assumptions and known and unknown risks and uncertainties that are subject to business, scientific, economic and competitive uncertainties and contingencies, with respect to future business decisions, which are subject to change and, in many cases, are outside the control of Orcoda and its directors. These risks include, but are not limited to price fluctuations, actual demand, currency fluctuations, production results, loss of market, industry competition, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, and cost estimates.

Neither Orcoda nor its directors give any assurance that the forecast performance in the forecasts or any forward-looking statement contained in this presentation will be achieved. Orcoda disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Statements in this presentation are made only as of the date of this presentation unless otherwise stated and the information in this presentation remains subject to change without notice.

To the maximum extent permitted by law, neither Orcoda nor its affiliates, related bodies corporate and their respective officers, directors, employees, agents and advisors, nor any other person, accepts any liability as to or in relation to the accuracy or completeness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any person.

This presentation is authorised by the Board of Orcoda Limited.

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2021 FINANCIAL YEAR HIGHLIGHTS

$8.91m 415%

$1.08m

Consolidated Revenue

for FY21 (unaudited) $12.73m revenue if Betta included for full year

Increase in revenue from $1.73m in FY20

Consolidated EBITDA

(unaudited) for FY21, with all divisions profitable for the last Quarter

MARCH 2021 QUARTER FINANCIAL HIGHLIGHTS

$3.78m +35%

$2.47m

Consolidated Revenue

(Unaudited) For the June 2021 Quarter

Increase

In revenue from the March 2021 quarter of $2.80 million

Cash at Bank As at 30 June 2021, strongly positioning the Company for further growth

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STRONG GROWTH QUARTER ON QUARTER

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$4,000,000
$3.78m
$3,500,000
$3,000,000
$2.80m
$2,500,000
$2,000,000
$1.47m
$1,500,000
$861k
$1,000,000
$500,000
$0
September 2020 December 2020 March 2021 June 2021
Quarter Quarter Quarter Quarter
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COMPANY SNAPSHOT

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Orcoda Limited (ASX:ODA) is a diversified Transport Logistics and Services business, which operates in the Oil & Gas, Mining, Road, Rail and Air sectors. The Company has 20 years' experience developing transport technology, contracting and managing; the people, the assets and the infrastructure which they travel in or on.

Orcoda’s strategy is to deliver operational efficiency to major transport infrastructure projects through the Company’s proprietary technology products, with an active strategy to scale existing technology and pursue value accretive acquisitions.

“With a well defined strategy to achieve organic growth by cross selling existing technologies across divisions, coupled with an accretive acquisition strategy to further build Orcoda’s existing divisions, the Company is well positioned for the next stage of growth in FY22 and beyond.”

Geoff Jamieson Managing Director

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ASX Ticker	ODA
Share Price	$0.165
Shares on issue	147.59m
Market Cap	$24.35m
Cash balance (30 Jun 2021)	$2.47m
Top 20 shareholdings	79%
	Geoffrey Williams (11%)
	Stephen Pronk (9%)
Director & Management shareholding	Geoffrey Jamieson (7%) Warren Preston (6%) Sean Hardman (6%)
	Brendan Mason (1%)
	Simon Anthonisz (1%)

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INVESTMENT HIGHLIGHTS

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Orcoda Resource Logistics , generates revenue managing assets and passenger logistics on large projects, providing solutions to energy, mining and infrastructure projects to simplify the complexity associated with people transport logistics.

Orcoda utilises its technology platform to make it best in class at managing passenger logistics on assets such as buses, planes and light vehicles (Mt Buller transportation managed by Orcoda is a good example of the above).

The acquisition of Betta Group of Companies in December 2020 for $5m in cash and equity has substantially boosted revenue within the Resource division with ability to install smart poles to enhance interconnectivity across Orcoda technology platforms.

Orcoda Transport Logistics , is a SaaS cloud product providing enterprise customers with large transport fleets optimised job scheduling, route optimisation and enhanced fleet management, resulting in recurring revenues from a license fee per vehicle per month.

Orcoda Healthcare Logistics generates revenue, by providing its technology platform and management services to manage large fleets of vehicles that are owned by the client or by Orcoda on a monthly or day rate per vehicle.

Multiple solutions across three divisions; Resource, Transport and Healthcare logistics providing the opportunity to realise organic growth by cross selling between divisions.

Accretive acquisition strategy in line with each of the business divisions, adding revenue and value to the Orcoda business.

Board and management team with significant experience in transport, logistics, banking, technology, HR, marketing, legal and financial, applying their knowledge to the next stage of growth for Orcoda.

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BOARD AND MANAGEMENT

DIRECTORS

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Nicholas Johansen

Non-Executive Chairman Chair Audit Committee. Partner Cozens Johansen Law.

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Geoff Jamieson

MD / CFO MAICD Member Audit committee. MD Resource Connect, Ex Merchant banker.

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Geoff Williams

Executive Director & GM Betta Group 21 years experience Ergon Energy Queensland Managed Betta Group for last 15 years.

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Brendan Mason

Non-Executive Director Chairman Rem Committee. Ex Caterpillar, Cochlear, Boral, Lucent/Bell Labs.

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Stephen Pronk Non-Executive Director

Member Rem Committee. Founder and Director of AimLab.

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OPERATIONAL MANAGEMENT

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Simon Anthonisz GM Healthcare Division and

Group Operating Officer HR expert / extensive experience across UK & Australia rail & infrastructure projects.

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Warren Preston

GM Resource Logistics B Bus Ex Director Chartered Acct Firm.

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Grant Boydell

Chief Technology Officer & GM Transport Logistics Transport expert. Ex accountant CPA.

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Sean Hardman

GM Sales & Marketing Director Orcoda Resource Logistics Pty Ltd. Ex PWC, Represented Australia in Rugby.

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BUSINESS OVERVIEW

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• Proprietary SaaS and enterprise technology focused on efficient logistical planning and resource management.

• Interconnection of our existing technology platforms to smart transport infrastructure e.g. Orcoda smart poles.

Logistics Technologies Infrastructure Services Smart Pole Technology Acquisitions

• Three established markets: Healthcare transport, Industrial transport & Resources / Infrastructure transport.

• Helps efficient fleet scheduling and routing in the healthcare sector.

• Optimises job scheduling and improves fleet visibility in the industrial transport sector.

• Helps simplify mass passenger deployments in the resources sector (oil & gas, mining and transport infrastructure).

• Resource Logistics managing transport services infrastructure projects since 2012, recently acquiring Betta Power.

• Betta serves the transport sector in electrical construction & maintenance with expertise in smart pole installation.

• Strong Federal, State, Local Government and Commercial contract pipeline.

• Build, install and connect bids for additional rail, road, air and mining currently under tender.

• Well positioned to leverage government transport infrastructure spend of $110 billion over next 10 years.

• Smart Pole technology developed to connect its transport logistics technology into future transport corridors.

• RC Birli formed, an Indigenous owned corporation, in conjunction with Dickerson Digital.

• ● Marketing commenced to roll out smart pole technology in road, rail & air projects.

• Road, rail & air infrastructure will require smart technology to enable the management of transport into the future.

• Forefront of transport focused digital revolution utilising specialised AI, augmented reality and IoT expertise.

• Growth of divisions organically together with value accretive acquisitions.

• Several potential acquisition targets at later stage of due diligence

• Significant synergies with existing logistic technology and/or business units.

Orcoda’s strategy is to build a diversified transport logistics & services business based on expertise and technology, and grow through acquisitions that align with each division and interconnect through technology.

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ORCODA’S DIVISIONS

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HEALTHCARE

TRANSPORT

RESOURCES

Health transport services

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Line haul, metro deliveries, field services

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Oil & gas, mining, infrastructure

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CUSTOMERS PAST & PRESENT

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HEALTHCARE LOGISTICS TECHNOLOGY, FLEET MANAGEMENT & FLEET OPERATIONS

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MANAGEMENT OF VEHICLES FOR HEALTHCARE LOGISTICS

Orcoda’s healthcare focused product - Orcoda Connect , is a recurring revenue, technology product that delivers healthcare providers with optimised scheduling and routing for their vehicle fleet, and a platform for Orcoda to manage its own fleets of vehicles.

The technology streamlines and optimises fleet management.

KEY BENEFITS:

• Ø Optimise route and scheduling

• Ø Developed dynamic solver for on demand services

• Ø Unique platform that does scheduled and on demand Ø Minimise trip costs

• Ø Integration with field devices for live reporting and comms

• Ø Automated end of day reporting

• Ø Information aggregation

• Ø Supply of Orcoda vehicles and management of drivers

• Ø Integration with smart poles to enhance connectivity

FY21 revenue: $1.41m.

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TRANSPORT LOGISTICS SAAS AND SOFTWARE DEVELOPMENT

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SAAS AND VEHICLES FOR INDUSTRIAL TRANSPORTATION

Orcoda’s transport focused product - Orcoda Transport Logistics , is a recurring revenue, SaaS cloud product providing enterprise customers with large transport fleets optimised job scheduling as well as enhanced fleet management.

This allows both internal and external stakeholders to gain enhanced visibility and control over their logistical operations.

KEY BENEFITS

• Ø Electronic driver workbooks and safety compliance

• Ø Schedule management

• Ø Route Optimisation

• Ø Driver tracking

• Ø Automated customer notification on delivery timelines

• Ø Proof of delivery

• Ø Customer service reports

• Ø Smart Bin technology linked to platform for waste management

• Ø Integration with smart poles to enhance connectivity

FY21 Revenue: $1.0m

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RESOURCE LOGISTICS TECHNOLOGY, FLEET MANAGEMENT & CONTRACTING

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TECH FOR RESOURCES AND CONTRACTING

Orcoda’s resources focused product - Resource Logistics , is a technology product helping energy, mining and infrastructure companies simplify the management complexity of mass workforce and people deployments.

This is achieved by digitally tracking individual asset statuses through a single digital interface.

Orcoda has managed up to 5,000 passenger movements per day on major oil & gas projects and is currently managing very large numbers of passenger movements per day at Mt Buller.

KEY BENEFITS

Digitally tracks personnel, contractors and suppliers in real time with live manifests

• Ø Reduces administration time, effort, error rate, increases worksite productivity and safety

• Ø Ensures workforce compliance through automated tracking of accreditations, qualifications and competencies

• Ø Integration with smart poles to enhance connectivity

FY21 Revenue: $6.5 million

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RESOURCE LOGISTICS A COMPLETE SOLUTION

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Resource People Logistics
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THE ORCODA SUPPLY CHAIN BOOKING & MANAGEMENT SYSTEM

One integrated, automated, continuous supply chain. ONE INTEGRATED, AUTOMATED, CONTINUOUS SUPPLY CHAIN.

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RISK
Recruitment Compliance Medicals Induction and RPT Flights Air Charter Bus Charter Light Vehicle Accommodation Worksite
Documentation Training Compliance
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REAL TIME

• Ø Integrates multiple databases of our clients’ workforce supply chain into one digital database, integrating the total supply chain and optimising all processes.

• Ø All project personnel are electronically booked and communicated through worker profiles and Smart phones.

• Ø Client outsources total management of all supply chain transport contractors to Orcoda to mobilise all workers on/off assets and to/from work during their R&R cycle

• Ø The real time digital platform allows for real time manifests at each connection point so management can access dashboard results with current information.

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RESOURCE LOGISTICS A BETTA ACQUISITION

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SMART
TRANSPORT
CORRIDORS
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ORCODA’S TRANSPORT INFRASTRUCTURE SERVICES

• Boosted by the acquisition of Betta Group in December 2020.

• Betta Group undertake major installations and maintenance contract works for a number of predominant Queensland commercial and government customers.

• To deliver projects to the highest standard, Betta Group’s approach focuses on high quality, visibility and adherence to compliance and standards.

• This is achieved through Betta’s vast industry knowledge and experience, highly skilled and motivated workforce and extensive project management capability.

• Betta Power’s expertise in smart pole installation delivers Orcoda the ability to win large contracts for the installation of Smart Poles in major transport corridors being built over the next 10 years within the Federal Government $110 billion transport infrastructure spend in road, rail & air.

BETTA GROUP CUSTOMERS

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RESOURCE LOGISTICS BETTA TRANSPORT INFRASTRUCTURE PROJECTS

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Betta has proven results with a portfolio of successful and high profile projects delivered with utmost efficiency and quality.

CURRAGH MINE HIGH VOLTAGE WORKS PROJECT AURIZON POLE & SWITCHBOARD PROJECT Principal Wesfarmers Principal Aurizon Betta $500,000 Betta $750,000 Component Component Project Carried out all routine maintenance of the Project: overhead poles, ABS’s and Transformers on the private Curragh 66kV/22kV Networks.

Principal Aurizon Betta $750,000 Component Project: Carried out services to change more than 100 power poles and 50 CMP switchboards.

CANOONA ROAD AIRFIELD LIGHTING PROJECT

SOUTHERN OIL PROJECT

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Principal Spotless Betta $100,000 Component Project: Carried out installation of lighting for the helicopter landing zones for the Chinook and Apache helicopters for the Singaporean Army.

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Principal Electrix Betta $350,000 Component Project: HV overhead and underground component for the electrical infrastructure to the new Southern Oil Refinery at Yarwun near Gladstone.

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RESOURCE LOGISTICS ORCODA SMART POLES

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Integrated System Benefits
Smart lighting
(environmental sensors)
Traffic Monitoring +
alerts
SAN + 5G enabled
Continuous Connectivity​
Smart Pole
System Link to payment
platform
by
ORCODA Vehicle speed tracking + infringments
Rail signaling +
maintenance
monitoring
Wireless EV Charging
AI, IOT, VR & AR enabled
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NEXT GENERATION INFRASTRUCTURE Orcoda Resource Logistics Pty Ltd have partnered with Dickerson Digital through RC Birli to develop the next generation of connected poles for use in the company’s connected transport infrastructure projects. Importantly, the poles can act as a relay for 5G base stations to increase signal strength. Combined with inbuilt video capabilities, this can allow operators to apply internet connectivity and AI processing across large areas. These benefits can be realised across all business divisions. KEY FUNCTIONALITY

• Ø Smart Lighting

• Ø Video enabled monitoring and alerts

• Ø Vehicle speed tracking and monitoring

• Ø Internet/5G connectivity

• Ø Rail signalling

• Ø Wireless charging

• Ø AI, ML IoT, VR and AR

The Smart Pole market expected 5 year compound annual growth rate (CAGR) is 18% Worldwide take up in 2020 was US$30 billion*

*www.mordorintelligence.com/industry-reports/smart-pole-market)

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GEOFF JAMIESON M A N A G I N G D I R E C T O R

Phone: +61 417 778 862 Email: gjamieson@orcoda.com

www.orcoda.com

JANE MORGAN J A N E M O R G A N M A N A G E M E N T

Phone: +61 405 555 618 Email: jm@janemorganmanagement.com.au

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