POINTERRA LIMITED — Annual Report 2022

Aug 30, 2022

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Full Year Preliminary Results Presentation For the year ended 30 June 2022

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Annual Contract Value Customer Revenue Underlying EBITDA* US$18.2m A$9.66m -A$0.40m 86% (2021: US$9.8m) 143% (2021: A$3.98 million) 68% (2021: -A$1.27 million)

86% (2021: US$9.8m)

68% (2021: -A$1.27 million) [*adjusted for share based payments expense]

Customer Cash Receipts Customer Receivables Cash Balance A$7.85m A$3.49m A$3.60m 91% (2021: A$4.10 million) 232% (2021: A$1.05 million) 30% (2021: A$5.18 million)

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• Growth across Pointerra’s 6 key market sectors delivered 86% annual improvement in ACV with

• Growth in revenue from customers to A$9.66m reflects award of material contracts coupled

• Lower underlying EBITDA loss of only -A$0.40m (FY21 -A$1.27m) reflects scaling customer

• Growth in cash receipts tracks growth in revenue and ACV with these metrics expected to align

• Cash balance of A$3.60m and customer receivables of $3.49m demonstrates self-funding

• Pointerra enters FY23 funded for continued organic growth in platform development and

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• FY23 presents multiple opportunities across each of Pointerra’s 6 key market sectors to

• The dominant US Utilities sector still contains material upside opportunities with existing

• Further R&D investment in AI approaches to Pointerra3D Analytics and Answers products is

• Return to full calendar of in-person trade shows in AUS and US markets expected to contribute

• In responding to customer and market demand, Pointerra3D has evolved well beyond

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Disclaimer

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This presentation has been prepared by Pointerra Limited. ("Pointerra" or the "Company") based on information available to it as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision.

This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in Pointerra, nor does it constitute financial product advice or take into account any individual's investment objectives, taxation situation, financial situation or needs. An investor must not act on the basis of any matter contained in this presentation but must make its own assessment of Pointerra and conduct its own investigations. Before making an investment decision, investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. Pointerra is not licensed to provide financial product advice in respect of its securities or any other financial products. Cooling off rights do not apply to the acquisition of Pointerra securities.

Although reasonable care has been taken to ensure that the facts stated in this presentation are accurate and that the opinions expressed are fair and reasonable, 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. To the maximum extent permitted by law, none of Pointerra, its officers, directors, employees and agents, nor any other person, accepts any responsibility and liability for the content of this presentation including, without limitation, any liability arising from fault or negligence, for any loss arising from the use of or reliance on any of the information contained in this presentation or otherwise arising in connection with it.

The information presented in this presentation is subject to change without notice and Pointerra does not have any responsibility or obligation to inform you of any matter arising or coming to their notice, after the date of this presentation, which may affect any matter referred to in this presentation. The distribution of this presentation may be restricted by law and you should observe any such restrictions.

Forward looking statements

This presentation contains certain forward looking statements that are based on the Company's management's beliefs, assumptions and expectations and on information currently available to management. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results or performance of Pointerra to be materially different from the results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the political and economic environment in which Pointerra will operate in the future, which are subject to change without notice. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecast. To the full extent permitted by law, Pointerra and its directors, officers, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates or revisions to information to reflect any change in any of the information contained in this presentation (including, but not limited to, any assumptions or expectations set out in the presentation).

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Pointerra Limited ABN 39 078 388 155 Registered Office: Level 4, 216 St George’s Terrace Perth 6000 Western Australia Place of Business: Level 2, 27 Railway Road Subiaco 6008 Western Australia

+618 6323 6100

info@pointerra.com

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Appendix 4E Preliminary final report Year ended 30 June 2022

Rule 4.3A

Appendix 4E

Preliminary final report

Name of entity:

Pointerra Limited

1. ABN or equivalent company reference: Reporting period: 39 078 388 155 Year ended 30 June 2022 2. Results for announcement to the market	1. ABN or equivalent company reference: Reporting period: 39 078 388 155 Year ended 30 June 2022 2. Results for announcement to the market	Previous corresponding period:	Previous corresponding period:
		Year ended 30 June 2021
		$
2.1 Revenue from ordinary activities 2.2 Loss from ordinary activities for the period after tax attributable to members 2.3 Net loss for the period attributable to members	Up Up Up	126% to 10,340,822 105% to (3,098,042) 105% to (3,098,042)
2.4 Dividends	Amount per security		Franked amount per security
Final dividend Interim dividend	Nil Nil		N/A **N/A **
2.5 Record date for determining entitlements to the dividends N/A 2.6 Brief explanation of any of the figures reported above to enable the figures to be understood: It is recommended that the Appendix 4E be read in conjunction with the Company’s ASX releases during the year in accordance with the continuous disclosure obligations under the ASX listing rules. Revenue from ordinary activities includes $9,656,870 of subscription income by paying customers as well as $683,952 of a Research and Development (R&D) refundable tax offset, as a result of the company’s continued efforts in developing its world-first Data as a Service solution for 3D data. Loss from ordinary activities includes depreciation, amortisation, and impairment expense of $1,686,976 and share based payment expense of $1,302,448.

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Appendix 4E Preliminary final report Year ended 30 June 2022

3. Consolidated Statement of Profit or Loss and Other Comprehensive Income

	Note Revenue Other income Expenses Cost of services Administrative expenses Advertising and marketing expenses Compliance and regulatory expenses Research and development expenses Share based payment expenses Impairment expense Other expenses Loss before income tax Income tax expense Loss after income tax for the year Other comprehensive income for the year Total comprehensive loss for the year Net of tax attributable to members of the Company Loss per share attributable to members of the Company Basic loss per share (cents) Diluted lossper share(cents)	Current Period Previous Corresponding Period 30 June 2022 30 June 2021 $ $ 9,656,870 3,983,603 683,952 591,011
		(910,837) (312,155) (6,187,089) (3,125,560) (222,080) (17,046) (567,764) (423,735) (1,463,001) (1,462,279) (1,302,448) (235,723) (1,360,434) - (1,715,274) (507,448)
		(3,388,105) (1,509,332) 290,063 -
		(3,098,042) (1,509,332) 17,285 36,836
		(3,080,757) (1,472,496)
		(0.46) (0.23) (0.46) (0.23)

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Appendix 4E Preliminary final report Year ended 30 June 2022

4. Statement of Financial Position

Note Current Period Previous Corresponding Period 30 June 2022 30 June 2021 $ $ Current Assets Cash and cash equivalents 3,596,423 5,179,363 Trade and other receivables 3,487,144 1,051,698 Other 8,342 12,765 Total Current Assets 7,091,909 6,243,826 Non-Current Assets Plant and equipment 182,704 204,034 Other intangible assets 77,669 1,584,332 Right of use assets 284,616 332,711 Total Non-Current Assets 544,989 2,121,077 Total Assets 7,636,898 8,364,903 Current Liabilities Trade and other payables 2,569,503 1,710,531 Borrowings 48,773 - Lease liabilities 64,263 85,228 Deferred revenue 1,447,600 1,134,275 Provisions 406,619 229,273 Total Current Liabilities 4,536,758 3,159,307 Non-Current Liabilities Deferred tax liability - 311,916 Lease liabilities 284,318 304,951 Total Non-Current Liabilities 284,318 616,867 Total Liabilities 4,821,076 3,776,174 Net Assets 2,815,822 4,588,729 Equity Issued capital 13,787,974 13,782,572 Reserves 3,830,716 2,510,983 Accumulated losses (14,802,868) (11,704,826) Total Equity 2,815,822 4,588,729	Note Current Period Previous Corresponding Period 30 June 2022 30 June 2021 $ $ Current Assets Cash and cash equivalents 3,596,423 5,179,363 Trade and other receivables 3,487,144 1,051,698 Other 8,342 12,765 Total Current Assets 7,091,909 6,243,826 Non-Current Assets Plant and equipment 182,704 204,034 Other intangible assets 77,669 1,584,332 Right of use assets 284,616 332,711 Total Non-Current Assets 544,989 2,121,077 Total Assets 7,636,898 8,364,903 Current Liabilities Trade and other payables 2,569,503 1,710,531 Borrowings 48,773 - Lease liabilities 64,263 85,228 Deferred revenue 1,447,600 1,134,275 Provisions 406,619 229,273 Total Current Liabilities 4,536,758 3,159,307 Non-Current Liabilities Deferred tax liability - 311,916 Lease liabilities 284,318 304,951 Total Non-Current Liabilities 284,318 616,867 Total Liabilities 4,821,076 3,776,174 Net Assets 2,815,822 4,588,729 Equity Issued capital 13,787,974 13,782,572 Reserves 3,830,716 2,510,983 Accumulated losses (14,802,868) (11,704,826) Total Equity 2,815,822 4,588,729	Note Current Period Previous Corresponding Period 30 June 2022 30 June 2021 $ $ Current Assets Cash and cash equivalents 3,596,423 5,179,363 Trade and other receivables 3,487,144 1,051,698 Other 8,342 12,765 Total Current Assets 7,091,909 6,243,826 Non-Current Assets Plant and equipment 182,704 204,034 Other intangible assets 77,669 1,584,332 Right of use assets 284,616 332,711 Total Non-Current Assets 544,989 2,121,077 Total Assets 7,636,898 8,364,903 Current Liabilities Trade and other payables 2,569,503 1,710,531 Borrowings 48,773 - Lease liabilities 64,263 85,228 Deferred revenue 1,447,600 1,134,275 Provisions 406,619 229,273 Total Current Liabilities 4,536,758 3,159,307 Non-Current Liabilities Deferred tax liability - 311,916 Lease liabilities 284,318 304,951 Total Non-Current Liabilities 284,318 616,867 Total Liabilities 4,821,076 3,776,174 Net Assets 2,815,822 4,588,729 Equity Issued capital 13,787,974 13,782,572 Reserves 3,830,716 2,510,983 Accumulated losses (14,802,868) (11,704,826) Total Equity 2,815,822 4,588,729
	Note Current Assets Cash and cash equivalents Trade and other receivables Other Total Current Assets Non-Current Assets Plant and equipment Other intangible assets Right of use assets Total Non-Current Assets Total Assets Current Liabilities Trade and other payables Borrowings Lease liabilities Deferred revenue Provisions Total Current Liabilities Non-Current Liabilities Deferred tax liability Lease liabilities Total Non-Current Liabilities Total Liabilities Net Assets Equity Issued capital Reserves Accumulated losses Total Equity	Current Period Previous Corresponding Period 30 June 2022 30 June 2021 $ $ 3,596,423 5,179,363 3,487,144 1,051,698 8,342 12,765
		7,091,909 6,243,826
		182,704 204,034 77,669 1,584,332 284,616 332,711
		544,989 2,121,077
		7,636,898 8,364,903
		2,569,503 1,710,531 48,773 - 64,263 85,228 1,447,600 1,134,275 406,619 229,273
		4,536,758 3,159,307
		- 311,916 284,318 304,951
		284,318 616,867
		4,821,076 3,776,174
		2,815,822 4,588,729
		13,787,974 13,782,572 3,830,716 2,510,983 (14,802,868) (11,704,826)
		2,815,822 4,588,729

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Appendix 4E Preliminary final report Year ended 30 June 2022

5. Consolidated Statement of Cash Flows

	Cash flows from operating activities Receipts from customers Payments to suppliers and employees Interest and other costs of finance paid Interest received Government grants and tax incentives Net cash flows used in operating activities Cash flows from investing activities Payments to acquire property, plant and equipment Payments to acquire intangible and other assets Net cash flows used in investing activities Cash flows from financing activities Proceeds from shares issued Payment of share issue costs Lease payments Net cash (decrease)/increase from financing activities Net (decrease)/ increase in cash and cash equivalents Effect of movement in exchange rates on cash held Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year	Current Period Previous Corresponding Period 30 June 2022 30 June 2021 $ $ 7,853,399 4,069,794 (9,218,784) (4,885,089) (27,372) (30,379) - 1,146 - 590,258
		(1,392,757) (254,270)
		(164,021) (108,425) (28,088) (28,605)
		(192,109) (137,030)
		5,400 3,300,000 - - (59,218) (59,218)
		(53,818) 3,240,782
		(1,638,684) 2,849,482 55,744 (6,992) 5,179,363 2,336,873
		3,596,423 5,179,363

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Appendix 4E Preliminary final report Year ended 30 June 2022

6. Consolidated Statement of Changes in Equity

Issued capital Share-based payment reserve Foreign exchange reserve Accumulated losses Total $ $ $ $ $ Balance at 1 July 2020 9,175,895 2,255,037 (16,613) (10,195,494) 1,218,825 Loss for the year - - - (1,509,332) (1,509,332) Other comprehensive income - - 36,836 - 36,836 Total comprehensive loss for the year - - 36,836 (1,509,332) (1,472,496) Transactions with owners recorded directly in equity Shares issued 4,606,677 - - - 4,606,677 Share issue transaction costs - - - - - Share-based payments - 235,723 - - 235,723 Balance as at 30 June 2021 13,782,572 2,490,760 20,223 (11,704,826) 4,588,729 Balance at 1 July 2021 13,782,572 2,490,760 20,223 (11,704,826) 4,588,729 Loss for the year - - - (3,098,042) (3,098,042) Other comprehensive income - - 17,285 - 17,285 Total comprehensive loss for the year - - 17,285 (3,098,042) (3,080,757) Transactions with owners recorded directly in equity Shares issued 5,402 - - - 5,402 Share issue transaction costs - - - - - Share-based payments - 1,302,448 - - 1,302,448 Balance as at 30 June 2022 13,787,974 3,793,208 37,508 (14,802,868) 2,815,822	Issued capital Share-based payment reserve Foreign exchange reserve Accumulated losses Total $ $ $ $ $ Balance at 1 July 2020 9,175,895 2,255,037 (16,613) (10,195,494) 1,218,825 Loss for the year - - - (1,509,332) (1,509,332) Other comprehensive income - - 36,836 - 36,836 Total comprehensive loss for the year - - 36,836 (1,509,332) (1,472,496) Transactions with owners recorded directly in equity Shares issued 4,606,677 - - - 4,606,677 Share issue transaction costs - - - - - Share-based payments - 235,723 - - 235,723 Balance as at 30 June 2021 13,782,572 2,490,760 20,223 (11,704,826) 4,588,729 Balance at 1 July 2021 13,782,572 2,490,760 20,223 (11,704,826) 4,588,729 Loss for the year - - - (3,098,042) (3,098,042) Other comprehensive income - - 17,285 - 17,285 Total comprehensive loss for the year - - 17,285 (3,098,042) (3,080,757) Transactions with owners recorded directly in equity Shares issued 5,402 - - - 5,402 Share issue transaction costs - - - - - Share-based payments - 1,302,448 - - 1,302,448 Balance as at 30 June 2022 13,787,974 3,793,208 37,508 (14,802,868) 2,815,822	Issued capital Share-based payment reserve Foreign exchange reserve Accumulated losses Total $ $ $ $ $ Balance at 1 July 2020 9,175,895 2,255,037 (16,613) (10,195,494) 1,218,825 Loss for the year - - - (1,509,332) (1,509,332) Other comprehensive income - - 36,836 - 36,836 Total comprehensive loss for the year - - 36,836 (1,509,332) (1,472,496) Transactions with owners recorded directly in equity Shares issued 4,606,677 - - - 4,606,677 Share issue transaction costs - - - - - Share-based payments - 235,723 - - 235,723 Balance as at 30 June 2021 13,782,572 2,490,760 20,223 (11,704,826) 4,588,729 Balance at 1 July 2021 13,782,572 2,490,760 20,223 (11,704,826) 4,588,729 Loss for the year - - - (3,098,042) (3,098,042) Other comprehensive income - - 17,285 - 17,285 Total comprehensive loss for the year - - 17,285 (3,098,042) (3,080,757) Transactions with owners recorded directly in equity Shares issued 5,402 - - - 5,402 Share issue transaction costs - - - - - Share-based payments - 1,302,448 - - 1,302,448 Balance as at 30 June 2022 13,787,974 3,793,208 37,508 (14,802,868) 2,815,822
	Balance at 1 July 2020 Loss for the year Other comprehensive income Total comprehensive loss for the year Transactions with owners recorded directly in equity Shares issued Share issue transaction costs Share-based payments Balance as at 30 June 2021 Balance at 1 July 2021 Loss for the year Other comprehensive income Total comprehensive loss for the year Transactions with owners recorded directly in equity Shares issued Share issue transaction costs Share-based payments Balance as at 30 June 2022	Issued capital Share-based payment reserve Foreign exchange reserve Accumulated losses Total $ $ $ $ $ 9,175,895 2,255,037 (16,613) (10,195,494) 1,218,825 - - - (1,509,332) (1,509,332) - - 36,836 - 36,836
		- - 36,836 (1,509,332) (1,472,496) 4,606,677 - - - 4,606,677 - - - - - - 235,723 - - 235,723
		13,782,572 2,490,760 20,223 (11,704,826) 4,588,729
		13,782,572 2,490,760 20,223 (11,704,826) 4,588,729 - - - (3,098,042) (3,098,042) - - 17,285 - 17,285
		- - 17,285 (3,098,042) (3,080,757) 5,402 - - - 5,402 - - - - - - 1,302,448 - - 1,302,448
		13,787,974 3,793,208 37,508 (14,802,868) 2,815,822

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Appendix 4E Preliminary final report Year ended 30 June 2022

7. Dividends (in the case of a trust, distributions)

Dividends (in the case of a trust, distributions)
Date dividend is payable Record date to determine entitlements to the dividend If it is a final dividend, has it been declared?	N/A N/A
	N/A

Amount per security

	Amount per security	Franked amount per security at 30% tax	Amount per security of foreign source dividend
Final dividend: Currentyear	Nil	N/A	N/A
Interim dividend: Currentyear	Nil	N/A	N/A

Total dividend (distribution) per security (interim plus final)

Ordinary securities Preference securities	Current period	Previous Corresponding Period
	N/A N/A	N/A N/A

8. Dividend or distribution plans in operation

N/A

The last date(s) for receipt of election notices for the dividend or distribution plans N/A

9. Net tangible asset (NTA) backing

	Current Period Previous Corresponding Period 30 June 2022 30 June 2021 $ $
Net tangible asset backing per ordinary security (cents)	0.36 0.39

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Appendix 4E Preliminary final report Year ended 30 June 2022

10. Control gained over entities having material effect

Name of entity (or group of entities) N/a

Consolidated loss from ordinary activities after tax of the controlled entity (or group of entities) since the date in the current period on which control was acquired

Date from which such loss has been calculated

Loss from ordinary activities after tax of the controlled entity (or group of entities) for the whole of the previous corresponding period

N/a N/a N/a

Loss of control of entities having material effect

Name of entity (or group of entities) N/A

Consolidated profit (loss) from ordinary activities after tax of the controlled entity (or group of entities) for the current period to the date of loss of control

Date to which the profit (loss) has been calculated

Consolidated profit (loss) from ordinary activities after tax of the controlled entity (or group of entities) while controlled during the whole of the previous corresponding period

Contribution to consolidated profit (loss) from ordinary activities from sale of interest leading to loss of control

N/A N/A N/A N/A

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Appendix 4E Preliminary final report Year ended 30 June 2022

11. Material interests in entities which are not controlled entities

The economic entity has an interest (that is material to it) in the following entities. (If the interest was acquired or disposed of during either the current or previous corresponding period, indicate date of acquisition “from dd/mm/yy” or disposal “to dd/mm/yy”)

Name of entity	Percentage of ownership interest held at end of period or date of disposal	Percentage of ownership interest held at end of period or date of disposal	Contribution to	net profit (loss)
Equity accounted associates and joint venture entities	Current period	Previous corresponding period	Current period $	Previous corresponding period $
Total	N/A	N/A	N/A	N/A
Other material interests
Total	N/A	N/A	N/A	N/A

12. Significant information

Any other significant information needed by an investor to make an informed assessment of the entity’s financial performance and financial position:

On 4 June 2021 (PY), the Company purchased the business assets and undertakings of US drone-based digital asset management business, Airovant LLC (“Airovant”). Pursuant to the Business and Assets Sale Agreement (“the Agreement”), the consideration was USD$1 million which was agreed to be issued in shares using the closing price on execution of the Agreement. The Net Assets acquired have been impaired in full at the reporting date.

13. Foreign entities set of accounting standards used in compiling the report (IAS)

The consolidated financial statements comply with International Financial Reporting Standards (IFRS) adopted by the International Accounting Standards Board (IASB). A statement of significant accounting policies is detailed in the Annual Report which is in the process of being audited.

14. Commentary on the results for the period

14.1 Earnings per security (EPS)

	Current Period 30 June 2022	Previous Corresponding Period 30 June 2021
Basic EPS (cents per share)	(0.46)	(0.23) (0.23)
Diluted EPS(centsper share)	(0.46)

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Appendix 4E Preliminary final report Year ended 30 June 2022

14.2 Returns to shareholders (Including distributions and buy backs)

Ordinary securities Preference securities Other equity instruments Total	Current Period 30 June 2022 $	Previous Corresponding Period 30 June 2021 $
	N/A N/A **N/A **	N/A N/A N/A
	**N/A **	N/A

The dividend or distribution plans shown below are in operation.

N/A

The last date(s) for receipt of election notices for the dividend or distribution plans N/A

Any other disclosures in relation to dividends (distributions).

N/A

14.3 Significant features of operating performance

N/A

14.4 Segment Information

The Group has only one reportable segment, being the development and commercialisation of its unique 3D geospatial data technology.

14.5 Report on trends in performance

N/A

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Appendix 4E Preliminary final report Year ended 30 June 2022

• 14.6 Report any factors which have affected the results during the reporting period or which are likely to affect results in the future, including those where the effect could not be quantified.

N/A

15. Compliance statement

This report is based on accounts to which one of the following applies. (Tick one)

® The accounts have been audited. ® The accounts have been subject to review.

ü The accounts are in the process of ® The accounts have not yet been being audited or subject to review. audited or reviewed.

16. If the accounts have not yet been audited or subject to audit review and are likely to be subject to dispute or qualification, a description of the likely dispute or qualification:

N/A

17. If the accounts have been audited or subject to review and are subject to dispute or qualification, a description of the dispute or qualification:

N/A

Sign here: ............................................................ Date: 31 August 2022 (Director) Print name: Ian Olson

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