SIMBLE SOLUTIONS LIMITED — Investor Presentation 2018

Nov 7, 2018

ASX ANNOUNCEMENT

08 November 2018

Simble launches disruptive Virtual Analytics App into UK residential market

Highlights

• Simble launches into UK residential market, unveiling disruptive new software product - the "Virtual Analytics App"
• Platform targeted at UK energy retailers offering advanced analytics to endcustomers in multichannel customer journey
• Go-to market strategy supported by technology collaboration with Utiligroup, which services over 100 utilities and metering companies, handling data for over 7 million underlying end-customers
• Potential gateway for mass market penetration as UK government mandated smart meter rollout to 53 million homes and businesses enables accelerated, low cost deployment, eliminating requirement for onsite hardware installation
• Discussions are very advanced with energy retailers to take white-labelled solution to market

Simble Solutions Limited (Simble or the Company), is launching into the UK residential market after unveiling a disruptive new software product targeted at UK energy retailers, the Virtual Analytics App (Virtual Analytics or the App). Presented at Utiligroup's Innovation Showcase alongside the European Utility Week 2018 in Vienna, Austria, Virtual Analytics is designed to enable the digital utility of the future offering advanced analytics to their endcustomers in a multichannel customer journey.

Built on the existing technology infrastructure of the Simble Energy Platform, Virtual Analytics represents a disruptive enhancement and potential gateway for mass market penetration in the UK residential market. The App is a highly scalable and low-cost solution, delivering remote analytics without the need for onsite hardware installations. Designed for energy retailers to offer white-labelled to their residential customers, the Virtual Analytics App offers a market-leading energy dashboard connected to the smart grid.

Simble's go-to market strategy is supported by a technology collaboration with Accel-KKR backed energy service provider Utiligroup Limited (Utiligroup). Servicing over 100 utilities and metering companies, Utiligroup offers a range of software solutions to help energy retailers enter and grow in the UK energy market. Utiligroup handles data for over 7 million underlying end-customers. Accel-KKR, a technology-focused investment firm with over \$5 billion in capital commitments, acquired Utiligroup through its services company Energy Services Group (ESG) for £100m in 2017.

Simble Solutions Limited (ASX:SIS) ABN: 17 608 419 656 Level 12, 6 O'Connell Street Sydney 2000

P +61 2 8208 3366 E hello@simble.io

Virtual Analytics is expected to generate recurring subscription and Software-as-a-Service revenues linked to the number of end-users using the App. Revenues will be recognised on a pro-rata basis over the contract life.

Commenting on the launch, Simble CEO Fadi Geha said: "By digitizing the customer experience, utilities can improve customer satisfaction, lower costs and increase revenues over the long-term. As competition intensifies and consumers are empowered by their smart meters, the Virtual Analytics App offers a source of differentiation for the next generation of utility. Our partner Utiligroup services over 80% of the utilities market and we look forward to helping these energy retailers transform themselves ahead of the curve using our disruptive software technology."

Mark Coyle, Chief Strategy Officer at Utiligroup commented: "We are excited to be working alongside Simble, a partner whose commitment to make utilities smarter for everyone in the digital age is aligned closely with our own. The Smart DCC will bring profound changes to the energy landscape in just the next few months through secure, interoperable smart metering at scale and we are confident that end-customers will benefit from the energy understanding, control and innovation this unique value proposition creates."

Market & Technology

Simble's entry into the UK utilities industry comes at a time of heightened competition within the space and rising demand for value added technologies such as the Virtual Analytics App.

As of October 2018, there were more than 70 energy retailers operating in the UK market, a new record and a circa four-fold increase over the past decade. Competition is being stimulated by the UK Government's mandated rollout of smart electricity and gas meters, which is poised to accelerate.

By 2020, the UK Government has legislated deployment of 53 million smart electricity and gas meters to all homes and small businesses. The rollout is being led by energy suppliers, who are responsible for installing smart metering equipment. As of October 2018, there were over 13 million smart meters installed, representing approximately 25 per cent of the UK Government's 2020 target.

The Virtual Analytics App allows utilities to differentiate against competitors by offering smart analytics solutions to their customers, and furthermore use the data to identify and drive new revenue opportunities. Simble's technology offers utilities the ability to analyse customer attributes and behaviours and define customer groups by predictive criteria such as willingness to pay for specialised services or susceptibility to switching.

Smart meters and the smart grid form the foundation of the Virtual Analytics App, supplying the volumes of data from households and business. The data infrastructure is managed by the Data Communications Company (DCC). The data is captured and analysed by Simble's powerful machine learning technology infrastructure and the array of means used to analyse information ranges from local diagnostic tools to highly complex planning instruments. The insights are delivered to the end-used in a beautiful and responsive mobile application allowing utilities to engage, educate and empower their customers.

Simble Solutions Limited (ASX:SIS) ABN: 17 608 419 656 Level 12, 6 O'Connell Street Sydney 2000

P +61 2 8208 3366 E hello@simble.io

Commenting on these industry trends, Fadi Geha noted: "By delivering IoT enabled analytics and control capability, we are allowing utilities to drive greater engagement with their customers. With 75 per cent of the Government's rollout still awaiting completion by the 2020 target, we are excited by further opportunities arising from this program".

For more information please contact:

cosec@simble.io ir@simble.io +61 2 9290 9600 +61 2 8208 3366

Investor enquiries Analyst and media enquiries Boardroom Pty Ltd IR & Communication

About Utiligroup

Utiligroup is the leading single-source enabler of expert Software as a Service to competitive leaders in the UK energy market. Its software enables optimised market entry, competitive growth at scale, operational performance optimisation and smart enablement for new entrant energy suppliers, metering service companies and technology innovators to the UK sector. Utiligroup complemented a majority investment process with Accel-KKR in 2017 and is now the European arm of Energy Services Group (ESG). Accel-KKR, a technology-focused investment firm with over \$5 billion in capital commitments.

About Simble

Simble Solutions (ASX:SIS) is an Australian software company focused on energy management and mobility solutions. The Simble Energy Platform or 'SimbleSense' is an integrated hardware and real-time software solution that enables businesses to visualise, control and monetise their energy systems. The Company's Software as a Service (SaaS) platform has Internet of Things (IoT) capabilities and empowers enterprises and consumers to remotely automate energy savings opportunities to reduce their energy bill. Simble operates in the SME SaaS market and targets the distribution of its platform through channel partners. Simble has an international presence with offices in Sydney and Melbourne (Australia), London (UK) and Da Nang (Vietnam).

Simble Solutions Limited (ASX:SIS) ABN: 17 608 419 656 Level 12, 6 O'Connell Street Sydney 2000

P +61 2 8208 3366 E hello@simble.io

ENERGY RE-IMAGINED.

E u r o p e a n U t i l i t y W e e k 6 -8 N o v e m b e r 2 0 1 8

V i e n n a , A u s t r i a

Disclaimer

This presentation contains summary information about Simble and its activities, which is current as at the date of this presentation. The information included in this presentation is of a general nature and does not purport to be complete nor does it contain all the information which a prospective investor should consider when making an investment decision. Each recipient of this presentation should make its own enquiries and investigations regarding all information in this presentation including but not limited to the assumptions, uncertainties and contingencies which may affect future operations of Simble and the impact that different future outcomes may have on Simble. This presentation has been prepared without taking account of any person's investment objectives, financial situation or particular needs. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, make their own assessment of the information and seek legal, financial, accounting and taxation advice appropriate to their jurisdiction in relation to the information and any action taken on the basis of the information.

The information included in this presentation has been provided to you solely for your information and background and is subject to updating, completion, revision and amendment and such information may change materially. Unless required by applicable law or regulation, no person (including Simble) is under any obligation to update or keep current the information contained in this presentation and any opinions expressed in relation thereto are subject to change without notice. No representation or warranty, express or implied, is made as to the fairness, currency, accuracy, reasonableness or completeness of the information contained herein. Neither Simble nor any other person (including its shareholders, directors, officers and employees) accepts any liability and Simble, its shareholders, its related bodies corporate and their respective directors, officers and employees, to the maximum extent permitted by law, expressly disclaim all liabilities for any loss howsoever arising, directly or indirectly, from this presentation or its contents.

Our Mission

Leveraging smart IoT solutions we turn data into insights and help shape a sustainable world

The UK Energy Market A Changing Landscape

The UK has emerged as a global leader in energy efficiency. The UK government has mandated the deployment of 53 million smart meters to all homes and businesses by 2020. The Data Communications Company (DCC) manages the UK's data and communications infrastructure to support the mass roll-out of smart electricity and gas meters.

25%

Smart meter rollout

Over 13 million smart meters have been installed, representing approximately 25 per cent of the UK Government's 2020 target.

Smart Metering - Threat and Opportunity

Opportunity

Government regulation and policy are helping to create new market opportunities. Those that develop capabilities around "the art of what is possible" will win

Competitive landscape for energy retailers

• New competitors to utilise smart meter data
• 24 hour switching services
• Regulatory changes
• Reduced entry barriers

→ Risk increases that competitors seize new business opportunities

But the changing landscape provides an

opportunity for utilities to take a

proactive role in becoming the consumer

provider of choice

Simble Empowers Taking Advantage of the DCC

meter data is cost-effective, simple and scalable as it eliminates requirement for onsite hardware installation.

It is non-intrusive and provides a simpler journey than working within the Home Area Network (HAN), which requires a gateway (hardware) and installation.

Simble's powerful technology captures and analyses these data streams.

Customer Expectations

Key headlines from a Simble survey on customers in the energy market

• ➔ Energy retailers should help reduce energy consumption and costs.
• ➔ Energy saving products should be kept simplistic: offer a concrete range of devices, with clear functionalities.
• ➔ Energy saving products should be easy to use and easy to install.
• ➔ Energy saving products should offer a clear payback.
• ➔ Customers prefer to buy smart products from an energy provider.
• ➔ Smart energy products must include:
• LED lighting
• Smoke and CO² alarms
• Thermostat
• Temperature Sensors
• Energy Auditors and Monitor Tools

• Timer Controllers

• Water Saving Kits

• Lighting Dimmers
• Color Controls
• Security Monitoring
• Back-up Generator

Energy retailers are seen as trusted sources when considering energy solutions

150 times / day

The average person in the UK checks their phone 28 times per day, millennials up to 150 times per day

Over 50%

One in two consumers are likely to switch brands if a company doesn't anticipate their needs

9 out of 10

It is estimated that 89% of businesses are soon expected to compete mainly on customer experience

Understanding consumer needs and wants

WHY ONLINE

MATTERS

ENGAGEMENT

Virtual Analytics App: Built with the customer in mind.

Designed for energy retailers to offer white-labelled to their residential customers, the Virtual Analytics App offers a market-leading energy dashboard connected to the smart grid. Personalised insights are delivered to the enduser as a beautiful and responsive mobile application allowing energy service providers to engage, educate and empower their customers.

01

Engage

"We cannot always control what we encounter, but we can always control how we engage it" - Jerry Corstens

Personalised recommendations Smart notifications Rewards system Advanced segmentation modelling

Educate 02

"Education is for improving the lives of others and for leaving your community and world better than you found it" - Marian Wright Edelman

Individualised budgeting tools & news feeds Comparison modules Individualised consumption insights Gamification and sharing on social media

03

Empower

"The beauty of empowering others is that your own power is not diminished in the process. On the contrary, it's greatly enhanced by those that you empower" – Fadi Geha CEO, Simble

IoT enabled 2-way smart control Machine learning insights User empowered to make change

Customer Journey

Energy Data transformation into insight

Energy Dashboard

• ✓ Consumption tracking normalised with weather data ingestion overlaid
• ✓ Customised reporting of usage & cost
• ✓ Different views for energy vs financial vs environmental

• ✓ Site comparison

• ✓ Accurate forecasting and budgeting

• ✓ Bill Validation
• ✓ Notifications and alerts
• ✓ Customised tariffs

New Energy Products & Services

• ✓ Enabling targeted energy investments
• ✓ Control and Automation (Rules engine)

Machine Learning

• ✓ Machine Learning creating new segments community
• ✓ Comparisons & Benchmarking
• ✓ Solution Sizing (HVAC, Solar PV, etc.)

Enabling long-term value for customers and energy retailers

Our domestic Virtual Analytics app helps build long-lasting high value customer relationships, increase stickiness and reduce churn.

Increase Revenue per

CONTACT SIMBLE

33 Queen Street

London EC4R 1BR, UK

dcc@simble.io

www.dccapp.co.uk