SMART PARKING LIMITED — AGM Information 2016

Nov 3, 2016

Smart Parking Limited ASX:SPZ Annual General Meeting Presentation

Paul Gillespie, CEO | 4 November 2016

Smart Parking | Business Overview

World leading technology for parking design, development & management

MANAGEMENT SERVICES operates exclusively in the United Kingdom & specialises in managing car parks on behalf of retail customers, land owners & managing agents

TECHNOLOGY designs, develops & specialises in on-street & off-street parking technology & software, enabling clients to manage parking efficiently & cost effectively

FY 2016 Highlights

Smart Parking | FY16 Highlights

Maiden EBITDA profitability achieved while continuing global expansion

• EBITDA profitable | $5m EBITDA improvement on prior period | Revenue up 34% on prior period
• Management Services | Growth continues, driven by roll out of Smart Parking Automatic Number/License Plate Recognition (ANPR)
• Technology | Completion of Smart Parking's biggest ever installation in Wellington, New Zealand

Smart Parking Technology validated with new business orders

FY16 Financial Update Continuous Improvement

(5,496) (7,030) (3,844) (5,360) 1,351 (1,525) (10,000) (5,000) 0 FY14 FY15 FY16 Revenue EBITDA Statutory Net Profit/Loss Smart Parking AGM Presentation | November 2016

Smart Parking | FY16 financial results

Strong full year revenue growth | EBITDA profitability

Smart Parking | FY16 Management Services

Technology roll-out | New contract wins | Customers retained | Team growing

Revenue of $28.4m - up 33%

EBITDA of $5.3m - up $4.7 million

Key contract wins

• Lidl UK contract to manage over 30 sites
• Matalan UK contract expanded from 28 to 88 sites
• McDonald's UK first site awarded and installed
• New sites and market share growing through UK with new & existing relationships

Smart Parking AGM Presentation | November 2016

Smart Parking | FY16 Technology

Expanding across key markets: UK, AUS, NZ | Strengthening sales capacity

Smart Parking AGM Presentation | November 2016

Our customers

Business Update FY17 First Quarter

Smart Parking Group | Q1 FY17 (Unaudited)

Q1 FY17 Q1 FY16

Services | Q1 FY17 (Unaudited)

The Asda contract loss, where income was shared, has been replaced with higher margin business such as new sites with technology

EBITDA of $1.6m up 29% on FY16, despite the loss of Asda contract and FX movements

Revenue of $5.3m down 26% on FY16 following loss of Asda contract and result of FX movements

UK headcount down from 278 Q1 FY16 to 136 Q1 FY17

Services | Technology roll out

• Number plate recognition camera installations continue in FY17
• 120 sites installed in FY16
• 47 sites installed in FY17
• More than 80 sites in the pipeline for installation
• Sales team growing to continue site roll out

Technology | Q1 FY17 (Unaudited)

Smart Parking | Technology: How it works

Providing effective parking management solutions

Smart Parking AGM Presentation | November 2016

Smart Parking | Key Project Wins

ACT Government, Australia April 2016 | Australian Capital Territory (ACT) Government Chief Minister, Andrew Barr launches the rollout of smart parking technology and the ParkCBR app in Manuka, Canberra

Wellington City Council, New Zealand August 2016 | Wellington City Council goes live with Smart Parking's SmartPark solution and parking payment app PayMyPark in the central business district of Wellington

Smart Parking AGM Presentation | November 2016 14

Smart Parking | Key Project Wins

Auckland Transport | New Zealand Order to supply and install a further 672 off street sensors

Mosman Municipal Council | Sydney, Australia Order to supply 1,100 sensors, installation complete, system live

Stockland Group (ASX:SGP) | Sydney Australia Project to install 1,000 sensors located at Baulkham Hills Shopping Centre

Progressive Enterprises Woolworths (ASX:WOW) | New Zealand 280 sensors installed at new flagship store in Auckland

The Global Opportunity

Smart Parking | Investment proposition

Parking Is A Global Problem Smart Parking Has The Global Solution

PROBLEM | The need for car parking solutions is significant and growing SOLUTION | Smart Parking managed services and technology solutions BENEFITS | Improved service, lower costs, increased compliance

Reinventing The Parking Experience

Smart Parking | Global trends

Smart Parking is ideally positioned to leverage from global trends

Research & advisory firm Gartner Inc (NYSE:IT) forecasts smart devices are expected to surge from 1.1 billion in 2015 to almost 10 billion connected devises such as sensors installed in public infrastructure in smart cities by 2020.

Research & advisory firm International Data Corporation forecasts the global market for IoT solutions will grow from $1.9 trillion in 2013 to $7.1 trillion by 2020.

Smart Parking | Strategic Opportunities

Strategic opportunities and partnerships are being pursued

Smart Parking is building relationships with market leading technology companies and telcos

Smart Parking is growing its relationship with CISCO with partnership opportunities across the UK and Australia

Smart Parking are working with Intel and exploring an ongoing partnership for projects across Australia

Smart Parking | FY17 Outlook

Foundations in place for sustained expansion in global parking industry

FY17 growth will be driven by continued roll out of Smart Parking's technology in the Management Services division and project wins in the Technology division

FY17 Services targets include installing +130 new managed service sites in the UK

FY17 Technology focussed on designing, building, installing and maintaining best in class Smart City products in key markets globally

Smart Parking | Contact

Discover more about Smart Parking at www.smartparking.com

Paul Gillespie Chief Executive Officer paul.gillespie@smartparking.com

Richard Ludbrook Chief Financial Officer richard.ludbrook@smartparking.com

Connect with Smart Parking

Smart Parking | Disclaimer

The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restrictions.

This presentation does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities, nor the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issue or transfer of the securities referred to in this presentation in any jurisdiction in contravention of applicable law.

Persons needing advice should consult their stockbroker, bank manager, solicitor, accountant or other independent financial advisor. Certain statements made in this presentation are forward-looking statements. These forward-looking statements are not historical facts but rather are based on Smart Parking Ltd current expectations, estimates and projections about the industry in which Smart Parking Ltd operates, and its beliefs and assumptions. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are intended to identify forward - looking statements.

These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the control of Smart Parking Ltd are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Smart Parking Ltd cautions shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of Smart Parking Ltd only as of the date of this presentation.

The forward-looking statements made in this presentation relate only to events as of the date on which the statements are made. Smart Parking Ltd will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this presentation except as required by law or by any appropriate regulatory authority.