THORNEY TECHNOLOGIES LTD — Investor Presentation 2021

Sep 6, 2021

ASX Code: TEK

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ASX Announcement: 7 September 2021

INVITATION TO TEK INVESTOR BRIEFING WEBINAR

In accordance with Listing Rule 3.17.1 please find attached a copy of a letter that has been sent to Thorney Technologies Ltd shareholders today.

Please direct enquiries to: Craig Smith Company Secretary T: + 61 3 9921 7116 E: craig.smith@thorney.com.au W: https://thorney.com.au/thorney-technologies/

THORNEY TECHNOLOGIES LTD ABN 66 096 782 188 Level 39, 55 Collins St. Melbourne VIC 3000 Australia

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Date: 7 September 2021

INVITATION TO TEK INVESTOR BRIEFING WEBINAR

Dear fellow shareholder

I would like to extend to you a personal invitation to attend a virtual investor briefing I will be hosting with representatives of two companies from the Thorney Technologies Ltd (‘TEK’) portfolio, on Tuesday 14 September 2021 commencing at 9.30am.

In addition to providing some further insight into the recently announced annual results for TEK, I will be interviewing Anthony Pettiona, Chief Executive Officer, Whizz Technologies Limited and Daniel Roberts, Executive Chairman, Iris Energy Pty Ltd. Both Anthony and Daniel will be providing an update on the strategic progress their companies are making, and I will provide some insight as to why I continue to support their ambitions.

Whizz Technologies Limited (‘Whizz’)

Whizz is an online managed marketplace operating in the $52 billion Home Services category in Australia. The two-sided marketplace predominately focuses on connecting vetted and qualified professionals with consumers looking for cleaning and removal services. Via a range of technology focused solutions, Whizz aims to become the number one destination for consumers to outsource tasks within the home.

With over 15 years online and digital experience, Anthony Pettiona has been both a founder and CEO of multiple successful technology companies.

He is currently the CEO of Whizz Technologies and has been an investor for the past 3 years and is planning to lead the company towards an IPO in 2022. Anthony is also the founding Chairman of a leading mental health organisation, ADA Australia, which has established itself as one of the major service providers across various Australian industries in the provisioning of mental health education programs and support services.

In recent years he has owned, successfully developed and subsequently sold Drive.com.au to Nine Entertainment Co. Anthony has previously held the position on the Executive Board of carsales.com Ltd of Group Strategy Director for over 5 years.

THORNEY TECHNOLOGIES LTD ABN 66 096 782 188 Level 39, 55 Collins St. Melbourne VIC 3000 Australia

THORNEY TECHNOLOGIES LTD INVESTOR BRIEFING continued

Iris Energy Pty Ltd

Iris Energy is a renewable energy powered Bitcoin miner with 15.2 EH/s of contracted computing capacity, and is considered to be one of the largest Bitcoin miners in the world.

The company has an ESG and renewables focus, focusing on low cost renewables, sustainable integration with energy networks and supporting regional communities.

Iris Energy Board and management team have an impressive track record across sectors and industries including, but not limited to, energy, infrastructure, renewables, finance, digital assets and data centres. They are positioning the company to be a top global player, with vast growth 1GW+ project pipelines across Western Canada, Central USA and Asia-Pacific.

Their Vertically Integrated Real Asset platform allows the company to hold long-term security or ownership of land, electrical infrastructure, proprietary data centre design & construction. Iris Energy’s proven business model delivers real-time cash yields and potential upside exposure to the growth of Bitcoin.

Prior to co-founding Iris Energy in 2018, Daniel’s professional experience spanned the finance, infrastructure and renewable energy industries and in 2018 exited as the second largest individual shareholder in Palisade Investment Partners, an infrastructure funds management business managing A$8 billion in direct infrastructure assets across twentythree businesses.

Daniel holds a Masters of Finance (Dean’s List) from the INSEAD Business School and a Bachelor of Business from the University of Technology, Sydney.

Shareholders can submit questions in advance by emailing Craig Smith (contact@thorney.com.au). We will try to cover as many of your questions as possible in the allotted time.

Date: Tuesday, 14 September 2021 Time: 9.30am- 10.15am (commencing 9.30am sharp)

To attend the discussion please register by clicking this link: https://us02web.zoom.us/webinar/register/WN_ul31cwRhTs6iiVw5GZVnQw

I look forward to your participation.

Best regards

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Alex Waislitz Chairman

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