READYTECH HOLDINGS LIMITED — AGM Information 2021

Nov 16, 2021

ReadyTech Holdings Limited ABN 25 632 137 216

17 November 2021

Annual General Meeting – Presentation

ReadyTech Holdings Limited (ASX: RDY) (ReadyTech) attaches the presentation to be made at ReadyTech's Annual General Meeting today which will be held online (virtually).

This announcement has been authorised for release to ASX by the Chair of ReadyTech.

For more information please contact:

Nimesh Shah Chief Financial Officer E: Nimesh.shah@readytech.com.io P: + 61 437 980 296

24 August 2021 2021 ANNUAL GENERAL MEETING

17 NOVEMBER 2021

NEXT GENERATION, PEOPLE-CENTRIC

FY21 - Growth across all key metrics

*FY21 Underlying results exclude the impact of transaction and restructuring costs of $2.2m and the impact of revaluation of contingent consideration of $1.8m.

Outstanding growth in recurring SaaS revenue and robust EBITDA margin

Multiple new business wins underpin continued growth

Substantial FY21 new business performance with 21 high value customers, each generating over $100k in annualised subscription and implementation value, with an aggregate annual value of $5m.

Open Office achieved first earn-out in June 2021, ahead of expectations, driven by new local government wins, upsell of modules to existing customers, and successful roll-out of the UK Ministry of Justice contract.

Growth in sales and marketing costs 11.0% of revenue (FY20: 9.6%), with continued focus on enterprise and account-based marketing, enterprise sales and pipeline conversion.

Key Education & Work Pathways customer wins

Key Workforce Solutions customer wins

Key Government & Justice customer wins

Strong finish for customer wins in Q4 FY21, backed up with high conviction pipeline of $19m with opportunities across the sectors of tertiary education, local government, justice tech and stand-up economy for Workforce Solutions.

Laser focus on strategic execution Laser focus on strategic execution

ReadyTech's playbook

Delivering high value to segments and verticals

7

Growth pillars achieved through ongoing investment

• Ready Tech reaffirms the outlook as disclosed to the market on 24 August 2021
• RDY expects FY22 organic revenue growth in the mid-teens. EBITDA margin is expected to be in the range of 36% to 38%
• High conviction gross opportunity pipeline maintained at $19m
• Recent acquisition of Avaxa will incrementally contribute revenue of $0.7m with 15% EBITDA margin in FY22
• ReadyTech's long term target is to organically grow revenue to over $125m by FY26

Positive outlook reaffirmed

Disclaimer

This presentation has been prepared by ReadyTech Holdings Limited for professional investors. The information contained in this presentation is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into account the investment objectives, financial situation or particular need of any particular person.

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 the presentation. To the maximum extent permitted by law, none of ReadyTech Holdings Limited, its directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness of any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.

Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. Past performance is no guarantee of future performance.

The distribution of this document is jurisdictions outside Australia may be restricted by law. Any recipient of this document outside Australia must seek advice on and observe such restrictions

For more information:

Ronn Bechler Executive Chairman, Market Eye t. +61 400 009 774 e. ronn.bechler@marketeye.com.au

About ReadyTech

ReadyTech is a leading provider of mission-critical SaaS for the education, workforce management, government and justice sectors. Bringing together the best in people management systems from students and apprentices to payroll, employment services, and community engagement, ReadyTech creates awesome technology that helps their customers navigate complexity, while also delivering meaningful outcomes. To learn more about ReadyTech's people-centric approach to technology, please visit readytech.io.