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STRAKER LIMITED AGM Information 2020

Aug 25, 2020

65867_rns_2020-08-25_5109b49b-620b-4448-87e5-4bfd6626b733.pdf

AGM Information

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2020 Annual Meeting 26 August 2020 CEO Presentation Grant Straker

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How we have responded to COVID-19

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Supporting our team and moving to remote working

  • •Implemented HR systems to support workers in hard hit areas (e.g Madrid)

  • •Easily moved to remote working across the Group

  • •One Team, One Platform philosophy using RAY made moving to remote working significantly easier

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Cash conservation and right-sizing

  • •Executive reduced remuneration by 18% on average for Q1-FY21

  • •Executing plan to remove $3-3.5m of operating costs

•Staff and Board reduced remuneration by 10% during Q1-FY21

  • •$300k government COVID-19 stimulus

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Adapting to deliver on new growth opportunities

  • •Technology adoption is being accelerated and customers are looking for automation solutions like RAY

  • •Won some major COVID19 projects that are leading to ongoing work

  • •Not all of our competition will come out of the crisis

  • •New acquisition opportunities

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Exponential
Released RAY Workbench
growth in data
4.0 leading the industry
assets to drive AI
with adaptiveAI allowing
unique productivity
platform
based pricing
200
150
Billions
100
50
0
3
2011201220132014201520162017201820192020
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Executing on Strategic Priorities

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Remain focused on becoming a $100m revenue company

Become the most productive Translation company in the world

Drive organic and acquisitive enterprise growth

Aim to be a top 10 Media Localisation company

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Organic Growth

Aggressively approaching new marketing opportunities Enterprise focus gaining traction and significant opportunities in the pipeline COVID-19 driving change in purchasing decisions a positive for Straker Conferences and customer interactions going virtual Online marketing campaigns focused on better value through AI, automation andsimplicity

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Successfully acquired two companies

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Expanded reach into major industrial area in Europe

Expanded reach into major industrial area in Europe

  • NZ$4m revenue

  • Ability to further consolidate some of our Spanish operations

  • Performing well through COVID-19

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• NZ based with major
global industrial
customers
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  • Strong interpreting team building out our total capacity

  • Performing well through COVID-19

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210

M&A

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Still a large numberof potential opportunities

Possible new targets coming to market

Ability to increase use of earn-outs and use less cash up-front Our ability to integrate faster proven with NZTC Will re-engage with all previous opportunities

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Advanced stage

140

Mid stage

70

Early stage

0

Total revenue of acquisition opportunities in pipeline

Current acquisition opportunities around NZ$200m in total revenue spread across 30 opportunities

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$101 bn

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SUMMARY

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Strong gross margins due to technology advantage

Increase in Enterprise pipeline

Strong financial position to get through COVID-19 and continue to execute growth strategy

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Committed to M&A with opportunities now reemerging

Have carried out re-structuring activity to lower cost base moving forward

Repeat revenue customers now comprising 86% of total revenue

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