SPECTUR LIMITED — AGM Information 2021

Oct 28, 2021

Spectur Limited (ASX:SP3)

Annual General Meeting October 2021

This document was approved by the Board of Spectur Limited

Important notice and disclaimer

This document has been prepared as a summary only, and does not contain all information about Spectur Limited's (the "Company's") assets and liabilities, financial position and performance, profits and losses, and the rights and liabilities attaching to the Company's securities. This document should be read in conjunction with any public announcements and reports (including financial reports , third party studies and disclosure documents) released by the Company.

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.

This document does not purport to be complete and is for informational purposes only: it does not represent financial advice. 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 Spectur Limited's current expectations, estimates and projections about the industry in which Spectur Limited 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.

Although the Company believes that its expectations reflected in the forward-looking statements are reasonable, such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. These statements are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the control of Spectur Limited, are difficult to predict and could cause actual results to differ materially from those expressed or forecast in the forward-looking statements. Spectur Limited cautions shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of Spectur Limited 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. Spectur Limited 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.

Agenda

• 1. Welcome to the Annual General Meeting of Spectur and Introduction
• 2. Open Polling
• 3. Table proxy results received
• 4. Resolutions
• 5. Questions on the resolutions
  • Open floor and online meeting for questions
• 6. 2-minute time period for final votes – and poll closure
• 7. Close formal meeting and advise timing of final votes
• 8. Spectur AGM presentation
• 9. Questions on the AGM presentation and Spectur business
• 10. Close meeting

Registration and voting

	1. Log in or register at:

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Meetings
votingendsSRN 10004062
10 Aug 20203:30 PMAustralian WesternStandard Time (+08:00)	Sample Corporation LTD Annual General MeetingABC scheduled for 12 Aug 2020 at 3:30 PM, Australian Western Standard Time (+08:00)	$\mathcal{E}$Register
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2. Click view and register

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3. Record your vote. Once you confirm it is lodged and final

Voting
Registration	Sample Corporation LTD - Annual General MeetingPoll		Dynastien			Complete
Review - Step 3 of 4Confirmation	Please review and confirm.
	Remuneration ReportRe-Election of Mr Robert Smith as Director			forfor	oppinstogginst	abstainabstain
Declaration	conditions.	PLEASE NOTE: You will not be able to change your votes after pressing the confirm button.By pressing confirm you agree that this online voting form has been signed, authorised and submitted by you, inyour capacity as a registered holder (or legally authorised representative) of the Company, in accordance withthe requirements under the Company's Constitution, the Corporations Act 2001 (Cth) and Automic's terms and
					prev	confirm

Proxy Voting Summary

Resolution	For		Against			Discretionary	Totals	Exclusions	Abstain
	Votes	%	Votes	%	Votes	%	Votes	Votes	Votes
1 Adoption of Remuneration Report	19,693,916	99.80%	35,000	0.18%	5,000	0.03%	19,733,916	4,569,937	-
2 Re-election of Director –MsBilyana Smith	19,728,916	99.97%	-	-	5,000	0.03%	19,733,916	4,569,937	-
3 Approval to Grant Director Incentive Options to aDirector under Employee Incentive Plan –Mr GerardDyson	19,693,916	99.80%	35,000	0.18%	5,000	0.03%	19,733,916	4,569,937	-
4 Approval to Grant Director Incentive Options to aDirector under Employee Incentive Plan –MsBilyana Smith	19,693,916	99.80%	35,000	0.18%	5,000	0.03%	19,733,916	4,569,937	-
5 Approval to Grant Incentive Options to a Directorunder Employee Incentive Plan –Mr Darren Cooper	19,693,916	99.80%	35,000	0.18%	5,000	0.03%	19,733,916	4,569,937	-
6 Approval to Grant MD Performance Rights to aDirector under Employee Incentive Plan –Mr GerardDyson	19,693,916	99.80%	35,000	0.18%	5,000	0.03%	19,733,916	4,569,937	-
7 Approval to Grant Facility Options to Lender	15,623,916	99.74%	35,000	0.22%	5,000	0.03%	15,663,916	4,569,937	4,070,000

SPECTUR Annual General Meeting Company Presentation

Spectur Limited (ASX:SP3) | October 2021 | Page 6

21

Making our communities safer

Our Vision

To harness the power of natural resources to make autonomous sensing, thinking and action available anywhere, anytime.

Spectur Limited (ASX:SP3) | October 2021 | Page 7

Spectur on a page

Focused market sectors

• Government, utilities and institutional
• Building and construction

Australia and New Zealand

• Presence in four states + NZ and growing
• Expanding reseller network

Solutions for high value problems

• Deterrence of crime
• Surveillance to improve productivity
• Warnings to protect communities
• Communication platforms for safety
• Time-lapse for marketing and management
• Sensing and AI for efficient operations
• More coming…

Spectur "Uniques"

• Low power and data consumption
• Integrated platform for multiple applications
• Solar powered, programmable "fog computing" platform
• Custom solutions with production line pricing
• Works better

Spectur DNA

• Design, build, deploy and support hardware and software
• Solar and battery powered / wireless hardware platforms that sense, think and act
• Simple integrated web and app interfaces
• Buy, rent or lease
• Provide solutions and, increasingly, platforms

Capital structure, share price and volume

Key Metrics as at 26 Oct 2021
Share Trading Information
ASX code	SP3
Listed on ASX	01/08/2017
Current share price	$0.09
Market cap	$9.6m
52 week closing high	$0.115
52 week closing low	$0.05
Capital Structure
Shares on issue	106.3m
Unlisted Options @ 0.10 Exp30/06/2024	2.2m
Performance Rights on issue	8.5m

Share Register
Top 20 shareholders	35.2%
% of share register owned by Board &KMPs	4.44%

Top Shareholders (at 26 October 2021)
National Nominees Limited	4.8%
D & G Amarakoon<duroSuper Fund></duro	3.4%
Charles Wilkins (Founder)	2.9%
Darren Cooper (Non-Executive Chairman)	2.4%
Dr Malaka Ameratunga	2.4%
Mr Peter Ferris	1.7%
A Gunawardena & T Fernando <serotutorSuperfund A/c></serotutor	1.6%
Ms Snezana Bowden	1.5%
Gerard Dyson (Managing Director)	1.4%
Fry Super Pty Ltd	1.3%
Mr Alistair Charles Jackson	1.2%
BNP Paribas Nominees Pty Ltd	1.2%

Financial Highlights

Key numbers

Growth and progress at end of Q1 FY22

• FY21 Revenue $5.2m, (Q1 FY22, $1.44m)
• Cash at 30/9/21 $0.92m, undrawn loan facility of $1.5m
• Best Q1 and best September in history

Immediate lookahead

• Probability weighted pipeline of $2.68m at end of Q1 FY22
• Entering seasonal high period, coinciding with lockdown easing

Addressable market

• 1. Conservative estimate that 5% of total market is outdoors.
• 1. Estimate that outdoor safety and warning market is 15% of security market in Australia (based on Spectur sector experience)
• 1. At 20% CAGR, Smart Cities market size expected to touch a Value USD 297.7 Billion by 2026, Says Facts & Factors (cited in GlobalNewsWire: April 29, 2021 09:07 ET)
• 1. Population of Australia is 25.8m (2021) and New Zealand is 4.9m. (19% of Australia)) –prorating ostensibly similar markets
• 1. Population of Texas and California in 2021 is 29.2m and 39.5m (68.7m or 266% of Australia) prorating comparable markets

Past and pending strategic performance

FY21 Outcomes

Good

• More than $2m of work from customers with accounts >$100k
• Major update on brand and marketing
• Expanded reseller network (Spectur NZ)
• Launch of new technology platform (STA6)
• Revenue recovery in H2

Challenges

• COVID-19, associated lockdowns and impacts
• Challenges in supply chain
• Launch of new technology platform

FY22 Outcomes and plans

Good

• Record September and rentals (to date)
• SWC5 launched
• Successful application and trials of multiple 3rd party AI

Challenges

• COVID-19 and associated lockdowns and impacts
• Challenges in supply chain

Planned

• STA7 (a global platform) and modular power
• Ongoing focus on differentiated customers
• Scalable production model (for volume and global customers)
• Systems and process maturation to match scaling

FY23 plans

Strategy

• STA7 (a global platform) in production
• Expansion of safety and warning solutions
• Expansion of 3rd party sensing and AI
• Geographic expansion
• M&A acceleration

Improving size and quality of sales opportunities

Opportunities in pipeline

Security and surveillance

• Expansion of number and scale of telecommunication customers
• Growing interest from mining construction customers
• Defense asset security
• Water utilities
• Resellers and security industry / integrators
• Local councils
• Power utilities
• Major constructors and construction alliances for infrastructure projects

Sensing

• For security applications
• Asset management

AI and smart cities

• People counting and associated analytics
• Traffic management and counting
• Parking applications
• Lighting solutions
• Mesh networking

Safety and warning

• Expansion with current customers
• Beach warning systems in states outside of WA and NSW
• Inland waterway protection and warning
• Local council interest and expansion
• Deployment of first aid solutions / emergency response

Concluding remarks

• Strong recovery in H2 FY21
• Record Q1 of $1.44m (particularly impressive given Spectur's seasonality historically favours Q2 and Q4)
• $2.68m weighted sales pipeline ($6.3m unweighted)

• $2.4m accessible capital

• Recurring revenue run rate of >$3.1m / year (based on September results)
• Expanded product and solution platform (with safety, warning and communications extensions)
• Better cash / revenue performance forecast for Q2 compared to Q1
• COVID impacts lessening
• Production and sourcing issues extensively mitigated
• Building a platform for future expansion

Spectur has a unique offering in a large accessible market and a strategy to realise the potential.

Contact Details

Investor enquiries Spectur Limited (ASX:SP3)

Gerard Dyson

Managing Director

investors@spectur.com.au