SmartCraft ASA — Investor Presentation 2021

Dec 1, 2021

The smartest tools for construction companies

SmartCraft ASA

1 st December 2021

Agenda

• A brief intro to SmartCraft
• Our contribution to the construction industry
• Q&A

Disclaimer

IMPORTANT – You must read the following before continuing. The following applies to this document, the oral presentation of the information in this document by SmartCraft ASA (the "Company") or any person on behalf of the Company, and any question-and-answer session that follows the oral presentation (collectively, the "Information"). In accessing the Information, you agree to be bound by the following terms and conditions.

The Information does not constitute or form part of, and should not be construed as an offer or the solicitation of an offer to subscribe for or purchase shares or other securities of the Company, and nothing contained therein shall form the basis of or be relied on in connection with any contract or commitment whatsoever, nor does it constitute a recommendation regarding such shares or other securities. Any shares or other securities of the Company may not be offered or sold in the United States or any other jurisdiction where such a registration would be required unless so registered, or an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended, or other applicable laws and regulations is available. The Information is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident of, or located in, any locality, state, country or other jurisdiction where such distribution or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. The Information is not for publication, release or distribution in any jurisdiction in which offers or sales would be prohibited by applicable law.

The Information has been prepared by the Company, and no other party accepts any responsibility whatsoever, or makes any representation or warranty, express or implied, for the contents of the Information, including its accuracy, completeness or verification or for any other statement made or purported to be made in connection with the Company and nothing in this document or at this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future.

The Information contains forward-looking statements. All statements other than statements of historical fact included in the Information are forward-looking statements. Forward-looking statements give the Company's current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target", "ambition", "outlook", "believe", "expect", "aim", "intend", "may", "anticipate", "estimate", "plan", "project", "will", "can", "have", "likely", "should", "would", "could" and other words and terms of similar meaning or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company's control that could cause the Company's actual results, performance or achievements to be materially different from the expected results, performance or achievements 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 environment in which it will operate in the future. Furthermore, information about past performance given in this Information is given for illustrative purposes only and should not be relied upon as, and is not, an indication of future performance.

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This presentation contains statistics, data, statements and other information relating to the group's markets and the industry in which it operates. Where such information has been derived from third-party sources, such sources have been identified herein. In addition, the Company has been named as a source for certain market and industry statements included in this presentation. Such "Company information" reflects the Company's views based on one or more sources available to it (some of which are not publicly available, but can be obtained against payment), including data compiled by professional organisations, consultants and analysts and information otherwise obtained from other third party sources.

By reviewing this Information you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the businesses of the Company. This Information must be read in conjunction with the recent financial reports of the Company and the disclosures therein.

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Simplify business for construction companies

Become the leading provider of specialized digital solutions for construction companies in Northwestern Europe

SmartCraft has a clearly differentiated and unique position in the value chain Least

The leading Nordic provider¹ of mission critical solutions for the construction industry

Vast market opportunity, digitizing construction in the Nordics and North-Western Europe

Strong product portfolio with pure construction focus

Attractive SaaS business model

Unmatched combination of growth and profitability

Strong financial profile and attractive SaaS metrics

Note: Based on YTD 30.09.2021 financials prepared according to IFRS

1. Defined as revenues from fixed price subscriptions; 2. Defined as subscription revenue on fixed price + transaction based pricing,

2. Conversion from meetings to sales in 2020

Solid platform for future growth Key facts

• Experienced management team with unique industry skills and proven SaaS track record
• 180 employees of which 1/3 work in R&D
• Solid balance sheet with net cash position
• Strong investment and acquisition ability
• Solid domestic and international shareholder base
• Management and Board 10,4% ownership

Listed
Oslo Børs, Norway
Market cap
Pr 9/11/21: BNOK 3.7
IPO date
24 June 2021
Reporting interval
Quarterly
Ticker code
SMCRT
Research coverage
ABG Sundal Collier Berenberg Carnegie
Website
Smartcraftready.com

Gradually integrating products and technology to leverage scalability

Software reduces the environmental footprint of construction companies

The industry challenges

• Generates 30% of world
• greenhouse gases ¹
• Use 32% of world natural resources ¹
• 5% re-work causes extra waste ²

The SME company challenges

• Too much time spent on unproductive tasks
• Low profitability
• Lack of control and overview

SmartCraft's contribution

• Reduce manual processes
• Increase productivity and cost control
• Minimize transportation
• Check lists and standard procedures to reduce re-work

Slide 10

• Reduce paper

Highly integrated solutions with many touch points

Multiple levers for growth

… driven by a strong commercial organization and proven go-to-market model

Organic growth: Further optimization of marketing and sales

M&A in existing and new geographies

Medium term financial targets

Q&A