WISETECH GLOBAL LIMITED — Capital/Financing Update 2018

Aug 15, 2018

ASX Announcement: 2018/30

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16 August 2018

WTC acquires Trinium, a leading US intermodal trucking TMS provider

Global logistics solutions group, WiseTech Global, today announced the acquisition of Trinium Technologies, a leading intermodal trucking transportation management systems (TMS) provider in the United States and Canada.

Headquartered in Los Angeles, Trinium offers a complete enterprise TMS for the efficient movement of sea freight containers between port terminals, inland rail terminals, container yards and warehouses. Trinium’s leading product, Trinium-TMS , enables companies to completely automate their processes from order receipt, through customer service, dispatch operations, billing and driver settlements. Trinium also provides container tracking functionality through its integration with dozens of marine terminal and rail systems throughout the US and Canada.

With over 185 trucking customers including Horizon Freight System, NFI Industries, California Cartage Companies, ContainerPort Group, Schneider Logistics Transportation, The Pasha Group, and many other logistics providers.

WiseTech Global Founder and CEO, Richard White, said “Trinium enables specialised road transport for the first and last mile container movement required on every international shipment which is a highly specialised transport process distinct from general road freight. With its valuable experience in containerised road transport, extensive port connections, well-regarded leadership team, and highly scalable, asset-based enterprise solution, Trinium is an important further addition to our cargo chain ecosystem. Together, we will leverage our global reach and powerful development capacity to scale up our broader TMS offering globally, building out the eco-system further, and providing ever more productive and integrated solutions to customers across the supply chain.”

The purchase cost comprises ~$40.9m upfront, with a further multi-year earn-out potential of up to ~$27.7m related to business and product integration, and revenue performance[1] . With 2017 annual revenue of ~$11.4m and ~$3.6m contribution to EBITDA, this transaction, while of strategic value, is not material to the WiseTech Global group[2] . Trinium is expected to be consolidated into WiseTech Global accounts from October 2018.

Remaining under the leadership of Managing Director, Michael Thomas, Trinium will continue to deliver innovative solutions directly to customers across the US and Canada, and potentially to the 7,000 logistics providers across the world who utilise WiseTech’s integrated supply chain execution solutions including the flagship, CargoWise One.

Along with our recent acquisitions in Argentina, Australasia, Belgium, Brazil, Canada, France, Germany, Ireland, Italy, the Netherlands, North America, Spain, Taiwan, Turkey, and Uruguay, this adjacency transaction is in line with our stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions.

//ENDS

1 Approximate AUD equivalents to consideration amounts denominated in USD.

2 Historical revenues and EBITDA figures for acquired businesses should not be considered guidance for future financial contribution due to their differing licence arrangements, the extent of non-recurring revenue (such as one-off development and consulting income) and the potential impact of integration.

About WiseTech Global

WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally. Our customers include over 7,000 of the world’s logistics companies across 130 countries, including 33 of the top 50 global third party logistics providers and 24 of the 25 largest global freight forwarders worldwide[[1]] . Our flagship product, CargoWise One, forms an integral link in the global supply chain and executes over 44 billion data transactions annually. At WiseTech, we are relentless about innovation, adding more than 3,000 product enhancements to our global platform in the past five years while bringing meaningful continual improvement to the world’s supply chains. Our breakthrough software solutions are renowned for their powerful productivity, extensive functionality, comprehensive integration, deep compliance capabilities, and truly global reach.

For more information about WiseTech Global or CargoWise One, please visit wisetechglobal.com

About Trinium Technologies

Founded in 2001, Trinium Technologies is a leading provider of enterprise software for intermodal trucking companies and fuel distributors. Its applications enable companies to improve productivity, reduce costs, grow revenue, and improve customer service.

Trinium’s leading product, Trinium-TMS, enables companies to automate their processes from order receipt, through customer service, dispatch operations, billing and driver settlements. Trinium provides container tracking functionality through its integration with dozens of marine terminal and rail systems throughout the US and Canada. Trinium-TMS is used by intermodal truckers of all sizes ranging from 10 drivers to over 1,000 drivers, with customers including Horizon Freight System, NFI Industries, California Cartage Companies, ContainerPort Group, Schneider Logistics Transportation, The Pasha Group, and many other logistics providers. Trinium also provides a complete enterprise fuel software solution for fuel marketers, distributors, and cardlock operators. The application enables its users to automate their business processes from order to cash. Customers include SC Fuels, Pilot Thomas Logistics, WTG Fuels, Jubitz and many others.

Headquartered in Los Angeles, Trinium has a team of over 40, together, providing considerable transportation, fuel, and technical expertise.

For more information about Trinium, visit triniumtech.com.

Contact information

INVESTOR RELATIONS

Gail Williamson, Chief Growth Officer + 61 2 8001 2200 investor.relations@wisetechglobal.com

MEDIA

Piers Shervington + 61 2 8001 2200 piers.shervington@wisetechglobal.com

[1] Armstrong & Associates: Top 50 Global Third Party Logistics Providers List, ranked by 2016 logistics gross revenue/turnover. Armstrong & Associates: Top 25 Global Freight Forwarders List, ranked by 2016 logistics gross revenue/turnover and freight forwarding volumes.

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