WISEWAY GROUP LIMITED — Investor Presentation 2021

Sep 14, 2021

Wiseway Group Limited

ASX: WWG

FY21 Results Presentation 15 September 2021 Florence Tong - Managing Director

1

Contents

FY21 Results Overview1	3
Acquisition of TAF e-Logistics (Asia) Pte Ltd (‘‘TAF’’)	13
Business Overview	16
Strategy and Outlook	21
Appendix	28
1) Based on the Company’s FY21 Preliminary Annual
Report (Appendix 4E) released on 31 August 2021

FY21 Results Overview

3

A significant FY21 net profit result – strong growth momentum in the business

Key financial highlights

$1.8m

Net Profit After Tax

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Business highlights

First full-year profit since listing in 2018, driven by significant revenue growth and benefits of scale and operating leverage

$8.1m EBITDA

Up 86% from pcp

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Revenue more than doubled in key divisions of perishables, sea freight, road transportation, and imports and distribution, with continued diversification of the Group’s income streams across segments, regions and customers

+1.5 ppts to EBITDA margin

$126.0m

Group Revenue Up 23.5% from pcp

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Expanded market share in the e-commerce platform industry across different sectors, and diversified customer base by providing safe and superior integrated logistics solutions

$7.0m Operating Cash Flow Up 83% from pcp

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Focused on expanding the team capabilities in the key growing segments of perishables and imports and distribution, providing the required foundation for growth

$42.0m

Revenue from non-traditional business segments Up 84% from pcp

Developed and deployed proprietary technology and software solutions ( "WiseOps" and "ePLink" ) that delivered cost savings and improved profitability

4

Global growth strategy – expansion into US and Singapore

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Wiseway US
Los Angeles
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Shanghai
Wiseway Branch
Guangzhou
Wiseway Branch
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Shanghai
Wiseway Branch
Wiseway China
Guangzhou
Wiseway Branch
Darwin [1]
Wiseway
Wiseway
Singapore Brisbane
Headquarters
1 warehouse facility
Perth
1 warehouse facility Sydney Auckland
Adelaide 3 warehouse 1 warehouse
1 warehouse facilities facility
facility Melbourne
2 warehouse
facilities
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Wiseway’s global footprint:

• ✓ Diversified business shipping to 100+ destinations

• ✓ Expanded US presence through Los Angeles branch

• ✓ Wiseway Singapore serving Southeast Asian market

• ✓ Two branches in China (Shanghai and Guangzhou) with expanded team capabilities

• ✓ 10 Regulated Air Cargo Agent ("RACA") locations across Asia-Pacific; 8 IATA-accredited

5

Stron momentum in or anic revenue rowth g g g

Revenue Growth (%)

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160
26.9%
23.5%
120 7.9%
15.0%
49.0%
80
40
64.8 82.2 94.5 102.0 126.0
0
FY17 FY18 FY19 FY20 FY21
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Strong organic revenue growth

• 23.5% increase in Group revenue driven predominantly by significant growth in non-traditional business segments

• Freight volumes more than doubling in perishables and imports, driven by the expansion of team and operations

• Expanded market share with e-commerce platforms, acquiring new customers from a variety of industries

Revenue breakdown by segment ($ million)

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140
120
100
7.3 22.8 42.0
80
60
40 87.2 79.2 84.0
20
0
FY19 FY20 FY21
Air freight Perishables Imports and Distribution
Sea freight Road Transportation Airnex
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Non-traditional segments driving growth

• Perishables up 127%, with growing demand for high-quality Australian fresh produce, seafood, and dairy products

• Sea freight up 43%, driven by robust demand for perishable goods, namely fresh fruits

• Imports and distribution up 164%, supported by the Company’s expanding footprint serving the e-commerce sector

• Interstate road transportation up 87%, supporting the ground transportation operations of key regional airlines

• Dry air freight up 6%, contributing $84.0 million to total revenue, despite ongoing flight and capacity restrictions

6

A ste chan e in rofitabilit p g p y

($m unless stated otherwise)	FY21	FY20	Change %
Revenue	126.0	102.0	23.5%
Direct expenses	(95.2)	(74.7)	27.4%
Gross profit	30.8	27.3	12.8%
Gross margin	24.4%	26.7%	-2.3 ppts
Operating expenses	(23.5)	(22.9)	+2.6%
EBITDA	8.1	5.0	+62.0%
EBITDA margin	6.4%	4.9%	+1.5 ppts
NPAT	1.8	(3.4)	152%
Earnings Per Share(EPS), cents	1.25	(2.47)	150.6%

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EBITDA Bridge ($ million)
(20.5)
(0.6)
8.1
5.0
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Strong financial and operating performance

• A notable turnaround in profitability as the business realises benefits of scale and operating leverage

• Gross profit was $30.8 million up 12.8% from FY20

• Operating expenses were up 2.6% to $23.5 million, as a result of additional hiring to expand the teams in perishables and imports and on-ground team in China

• 62% increase in EBITDA , with a 1.5 ppts improvement in EBITDA margin, as a result of strong revenue growth and prudent cost management

• NPAT turning positive for the first year since listing in 2018, at $1.8 million compared to a $3.4 million net loss in FY20

7

A stron balance sheet su ortin future rowth g pp g g

Balance Sheet	30 Jun	2021	30 Jun	2020	Change %
Cash and cash equivalents	9.9		8.6		15.4%
Trade and other receivables	6.7		8.3		-18.9%
Other current assets	4.3		2.7		64.4%
Total current assets	21.0		19.6		7.5%
Fixed & non-current assets	42.5		43.6		-2.5%
Total assets	63.6		63.2		0.6%
Trade and other liabilities	9.4		7.6		23.7%
Short term borrowings	9.3		10.2		-8.5%
Total current liabilities	18.7		17.7		5.2%
Loans and debt financing	5.2		4.8		8.4%
Leases and other non-current liabilities	14.2		16.9		-15.9%
Total Liabilities	38.1		39.4		-3.4%
Net Assets	25.5		23.7		7.3%

Total Liabilities Net Assets	38.1 25.5	39.4 23.7	-3.4% 7.3%
Financial Debt1	11.5	13.5	-14.9%
Net Financial Debt1	1.5	4.9	-68.4%
Debt/Equity (%)	45%	56.8%	-11.8 ppts
Net tangible assets/share (cents)	5.5	4.2	30.7%

Diligent working capital practices

• Strong liquidity with a steady current ratio of 1.1

• Evident 18.9% reduction in receivables balances, with Days Sales Outstanding (DSO) decreasing from 27 days to 19 days, reflecting timely collection and diligent management of customer credit

• Deferred Tax Asset balance of $1.3 million as of 30 June 2021, expected to be fully utilised in FY22

• Strong partnerships and favourable credit terms with suppliers and service providers

Strategic capital management

• Strong balance sheet to support future business growth and potential strategic opportunities (including TAF acquisition in August 2021)

• Prudent financial debt levels with ~$10 million in cash and cash equivalents as of 30 June 2021, and net financial debt of $1.5 million

• Notable improvement in financial leverage with D/E ratio decreasing from 56.8% to 45.0%

• Strategic planning to ensure ability to meet future obligations

1) Excludes finance lease liabilities under AASB 16

8

A stron cash flow osition g p

($m unless stated otherwise)	FY21	FY20	Change %
Net cash from operating activities	7.0	3.8	+83%
Net cash from investing activities	(0.6)	(3.0)	-81.2%
Net cash used for financing activities	(5.1)	3.1	-163.0%
Net increase/(decrease) in cash	1.4	3.9	-68.5%
Cash at the beginning of the period	8.6	4.6	86%
Cash at the end of the period	9.9	8.6	15.4%

FY21 Cash flow movements

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(0.6)
7.0 (5.1)
8.6 9.9
Millions
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Operating cash flow

• Operating cash flow up 83%, driven by strong operating performance and prudent working capital management

• Strong cash position with ~$10 million in cash and cash equivalents, as of 30 June 2021

Investing activities

• Invested $0.6 million in new trucks and trailers to expand the transportation fleet

Financing activities

• Strong operating cash flows supporting timely debt repayment, with a $0.3 million reduction in loans and borrowings and a payment of $4.8 million to financing and lease liabilities

• Access to a $5.0 million drawing facility to fund the Company’s operations and growth initiatives when needed (fully drawn as of 30 June 2021)

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An integrated freight and logistics operator with diversified income streams

			Revenue growth driven by non-traditional business segments	Revenue growth driven by non-traditional business segments	Revenue growth driven by non-traditional business segments	Revenue growth driven by non-traditional business segments
			Export		Imports and Distribution	Road Transportation	GSA/CSA
	Dry cargo (air freight)		Perishables (air freight)	Sea freight	General cargo & e-commerce	Airtruck	Airnex
	• Serving e-commerce platforms, suppliers, and parcel consolidators • Shipping infant milk formula, honey, wine, vitamins, and health and skin-care products		• Fresh produce • Seasonal fruit • Seafood • Meat • Fresh milk and dairy • General food commodities • Australian produce • Wine • General cargo imports clearance and delivery • E-commerce parcel imports and distribution • Interstate and road transport business • Servicing wholesalers, manufacturers and airlines 8.6 3.7 3.9 2.3 19.5 5.3 10.3 4.3 FY20 FY21 +127% +164% +43% +87%

A diversified business across segments, customers and geographies

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37% 28%
Revenue contribution from Revenue share from the
non-traditional business segments Company’s top five customers,
reflecting minimal concentration risk
4%
3%
16%
72%
8%
2%
126.0m
67% 28%
Diversified
Dry Air Freight Perishables
customer base across economic sectors and essential
Sea Freight Road Transportaion
Import and Distribution Other industries, including global airlines, distributors, parcel
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customer base across economic sectors and essential industries, including global airlines, distributors, parcel express companies, importers and exporters

~38% Share of perishables and imports freight volume with fast growing Asian and global markets outside of China

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22%
16%
21,758
tonnes
62%
China
Southeast Asia
Other Asia-Pacific and Global
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Disciplined progress on strategic business initiatives

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FY21 achievements

Strategic milestones

• Planned and negotiated the acquisition of TAF e-Logistics and successfully completed the transaction in August 2021

• Launched Wiseway’s first office in the United States and recruited three team members

Team growth

• Continued build-up of the on-ground team in China to 10 people across Shanghai and Guangzhou

• Significantly expanded the team size in the divisions of perishables and imports and distribution

• Developed the "WiseOps" proprietary software that provides advanced tracking and tracing functionalities

• Completed the "ePLink" e-commerce parcel customs clearance system to streamline the import process from the Asia-Pacific region

• • Implemented a workplace safety initiative to encourage all employees to receive the COVID-19 vaccine, with the majority of the Company's essential employees fully vaccinated

Business initiatives

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Acquisition of TAF e-Logistics (TAF)

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Strategic acquisition of TAF e-Logistics

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IATA-licensed Airfreight company

Years serving Southeast Asian and 30 ASEAN logistics market

Customs-bonded warehouse strategically located within Singapore Airport’s Airfreight Centre with access to expanded supplementary capacity

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Provides customs brokerage and clearance, cross-border trucking, and international freight forwarding (air and sea)

Experienced team in sales, operations, finance, and warehouse management

Financial metrics[1]

$1.7m Annual revenue for FY20

$1.1m Net assets As of 30 June 2020

Positive Operating margin

Transaction overview

$1.1m Cash consideration[2]

400,000

Fully paid ordinary shares in Wiseway

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1) Based on the Company’s unaudited statements for the respective periods 2) Based on an Exchange rate of SGD:AUD 1.00:1.00 as of 5 August 2021

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Acquisition of TAF – strategic presence in the heart of Southeast Asia’s lo istics hub g

Singapore – A strategic cargo hub in Southeast Asia

#1 Australia’s inbound and outbound air freight trade destination[1]

• 18% of Australia's total airfreight traffic activity[1]

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Singapore
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• 3m tonnes annual airport capacity, expected to double by 2030

US $62b[2]

Southeast Asia’s e-commerce industry size, expected to double in by 2026

US $55b[3]

Freight forwarding industry size in the region by 2025

• 1) Bureau of the Infrastructure, Transport, and Research Economics, 2020 Report 2) Statista Research, 2020 3) Insight Partners: Third Party Logistics Market to 2025 Report

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Business Overview

Robust growth journey with significant milestones

2 ~~005~~

IPO ~~2018~~

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2020
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20 21
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Foundation for a succesful business

Business model diversification

Global integrated operating platform

• ✓ Established warehouses in six major Australian cities

• ✓ Acquired customs and quarantine depots

• ✓ Approved license to export dairy products

• ✓ Secured General Sales Agent (GSA) agreements with major airlines

• ✓ ASX-listing in October 2018, raising $20 million

• ✓ Australia-wide customs-bonded warehouses with fumigation and cold-treatment facilities

• ✓ Accredited for fruit exports from Australia to Asia

• ✓ Strategic partnerships with airlines to provide interstate trucking services

• ✓ Investments in people, infrastructure and global operating platform

• ✓ Integrated service packages to airlines, shipping lines and local trucking companies

• ✓ Opened new business branches in Guangzhou, Los Angeles and Singapore

• ✓ Started regional expansion – Auckland warehouse facility and Shanghai office

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Vision and values

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Faster

Wiser

Safer

Innovation

Integrity

Deploy the latest industry innovations and internal proprietary technologies that optimise operations and enhance customer offerings and experience

Offer the highest levels of transparency in delivering logistics services stemming from a deep understanding of customer needs

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Safety

Reliability

Provide a safe working environment that safeguards the physical and mental well-being of employees

Ensure sustainable and resilient operations providing customers with peace of mind

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Agile and globally scalable business model

Global network and footprint

Leading market position

• ✓ Established market position with high barriers to entry

✓ Established presence across six continents with in-country presence in New Zealand, China, Singapore and the US ✓ Serving large suppliers, distributors and parcel express companies requiring cross-border and multi-city services ✓ Opportunities for revenue and cost synergies across a global network of partners and shipping destinations

• ✓ #1Australia-Asia air freight forwarder

• ✓ Top three air freight forwarders Australiaworldwide

• ✓ Industry-wide licenses, accreditations, and security clearances to operate at various ports of entry (IATA, RACA, AQIS, and customs)

Lean operating model

Integrated service offering

✓ Agile and flexible operating model based on a strategic portfolio of owned and leased assets

✓

Diversified income streams providing downside protection when individual segments or sectors are impacted

✓ Optimised utilisation of warehousing facilities, transportation fleet and other strategic resources, with a reliable access to outsourcing arrangements

✓

Continuously winning new customers seeking a one-stop shop for their integrated logistics requirements

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Strategic partnerships in an industry built on relationships and connecting people

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Long-standing customer relationships

Global team capabilities

Strategic industry partnerships

✓ Experienced leadership team, ✓ Long-standing GSA and with continued involvement CSA relationships with from the Company's founders eight major international and commitment to original airlines across the vision of global growth Asia-Pacific and globally ✓ A unique understanding of the ✓ Well-established business cross-border e-commerce relationships with local market and import-export road transportation regulation partners across the Company’s global locations

✓ A diverse portfolio of customers supported by Wiseway from start-up stage to business maturity including distributors and parcel express companies ✓ Deep customer loyalty with high client retention rate

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Strategy and Outlook

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Diversify

• Continue to expand product offerings beyond the traditional dry cargo airfreight business, with focus on perishables and imports and distribution as key growth areas

• Use diversified product offerings to acquire and retain new customers seeking integrated logistics solutions

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Integrate

• Provide logistics solutions through a lean, integrated and tech-enabled platform

• Bring together strategically located warehousing facilities, a modern transportation fleet, global team capabilities and established industry partnerships

• Investment in internal proprietary technologies and digital processes that optimise operations and enhance customers’ experience

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Expand

• Build on expansion momentum into Los Angeles and Singapore as a stepping stone into new markets in the US and Asia-Pacific

• Develop opportunities for revenue synergies and partnerships across the Group’s growing global network

• Extend Wiseway’s capabilities, resources and expertise to the Company’s global operations

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Expanding global addressable market led by the US and Asia-Pacific re ions g

US$145b Market size of US freight forwarding market[1]

57%

11%

Asia-Pacific’s share of global e-commerce logistics growth over 2020-2025[3]

Annual growth in global airfreight traffic activity over 2020-2025 period [2]

US Branch

Wiseway’s established US presence

✓ Launched in-country operations in June 2021 in Los Angeles, Australia’s second largest airfreight destination

• ✓ On-ground team of three staff

✓ Future plans to strategically expand into other cargo hubs, including Chicago and New York

• 1) IBISWorld Freight Forwarding Brokerages & Agencies in the US - 2021 2) Transport Intelligence Regional Freight Forwarding Recovery Tracker 2021 3) McKinsey’s ‘’Asia: The Highway of value for global logistics’’, 2021 Article

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Uniquely positioned to benefit from emerging industry trends

Expanding international trade industry with new free trade agreements, and logistics companies becoming increasingly globalised

Scale investment in global logistics infrastructure (e.g. the Belt and Road Initiative) to meet growing demand and facilitate the industry’s operations

Growing impact of strategic partners like e-commerce platforms and e-tailing ecosystems with a large tech-savvy customer base

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Increasing industry digitalisation with Internet-of-Things and cloud-based solutions, giving tech-enabled logistics operators a competitive advantage

Widening supply-demand gap in last-mile delivery, presenting expanded growth opportunities for road transportation and affiliated support services

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Customers’ growing preference for better connectivity, enhanced transparency and a more holistic digital experience

Evolving customer journey with people increasingly looking for end-to-end integrated logistics solutions

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Clear focus on future business priorities

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FY22 priorities

• Integration of the TAF e-Logistics business into Wiseway Group’s global operations

Strategic

• Explore additional cities in the US (Chicago and New York) and globally as future locations for new Wiseway hubs

• Expand the Singapore team in sales and business development to support on-ground operations

Team growth

• Grow the US and China team to meet the increasing demand in North America and the Asia-Pacific

• Roll out new proprietary technologies across the globally integrated operations

Business initiatives

• Continue internal innovations to increase transparency

• Maintain a safe workplace environment and support the team’s physical and mental well-being

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Summary and outlook

Summary

• A significant FY21 result with a positive full-year net profit, an evident outcome of Wiseway’s strategic investment in the business in the last two years

• Continued to seamlessly support customers in Australia and globally with essential import and export services in a year of challenging macroeconomic conditions

• Accelerated global expansion strategy, with new branches in Los Angeles and Singapore and acquisition of TAF

Outlook

• Strong commitment to providing ongoing support to customers and ensuring the safety and well-being of employees

• Positive momentum in the business with organic growth and a robust plan to expand global team capabilities into new regions and shipping hubs, especially across the US and Asia-Pacific

• Diversified business model, growing customer base, strategic industry partnerships, and expanding global footprint will provide significant synergy opportunities and position Wiseway well to benefit from the growing demand for integrated logistics solutions

• Appropriate resource planning capabilities and risk management practices to sustain the growth momentum in the business and address any supply chain disruptions that might arise

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Questions

Appendix

Profit and Loss Statement

Profit and loss ($m unless stated	H1 21	H2 21	FY21	FY20	Change %	• A steady revenue performance in the second half of FY21 vs. the second half of FY20
otherwise)
Revenue	69.7	56.3	126.0	102.0	23.5%	• H2 21 result reflects lower economic activity during the Chinese New Year, the
Direct expenses	(51.6)	(43.6)	(95.2)	(74.7)	27.4%	seasonality of perishables exports which were skewed towards the first half of
Gross profit	18.1	12.7	30.8	27.3	12.8%	FY21, and the ongoing impacts of COVID-19 on flight activity
Gross profit margin	26%	22.6%	24.4%	26.7%	-2.3 ppts	• Slim reduction of 2.3 ppts in gross margin, a result of more competitive pricing to
						secure new customers and establish strong foothold in new global markets
Other Income	-	0.8	0.8	0.6	30.5%
Operating expenses:						• H2 21 profitability also impacted by additional investments in growing the
Employment costs Occupancy costs	(9.4) (0.5)	(9.0) (0.5)	(18.4) (1.0)	17.4 (1.1)	5.6% -8.9%	Company’s team in China and in the imports and distribution division, to support future growth
Administration and other expenses	(1.8)	(2.3)	(4.1)	(4.4)	-7.0%	• Other income increased by 30.5% mainly from subletting income and miscellaneous income streams
Total operating expenses	(11.7)	(11.8)	(23.5)	(22.9)	2.6%
						• Employment costs increased by 5.6% due to expanding the teams in the
EBITDA EBITDA margin	6.5 9.3%	1.6 2.8%	8.1 6.4%	5.0 4.9%	62.8% 1.5 ppts	perishables and imports and distribution divisions, and the on-ground team in China. This was partially offset with lower occupancy costs and administration expenses
Depreciation	(2.6)	(2.4)	(5.0)	(5.0)	2.4%
EBIT	3.9	(0.8)	3.1	-	100%	• The Company did not receive JobKeeper payments from the Government in
Finance costs	(0.7)	(0.7)	(1.4)	(1.6)	-10.5%	FY20 or FY21
Income tax expense	0.3	(0.1)	0.2	(1.8)	112.1%	• Total finance costs were down 10.5% as a result of the lower balances of the
NPAT	3.4	(1.6)	1.8	(3.4)	+151.2%	Company’s outstanding debt

ppts = percentage points

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Balance sheet

Financial position ($m unless stated otherwise)	30 Jun	2021	30 Jun	2020	Change %
Current assets:
Cash and cash equivalents	9.9		8.6		15.4%
Trade and other receivables	6.7		8.3		-18.9%
Inventories	0.1		0.1		-
Current tax assets	-		0.9		-100%
Other assets	4.2		1.7		154.7%
Total current assets	21.0		19.6		7.5%
Non-current assets:
Financial assets	0.4		0.4		100%
Property, plant and equipment	40.8		43.2		-5.4%
Deferred tax assets	1.3		-		100%
Total non-current assets	42.6		43.6		-2.5%
Total assets	63.6		63.2		0.6%
Liabilities:
Trade and other payables	7.3		6.5		11.8%
Loans and borrowings	9.3		10.2		-8.5%
Employee benefits	1.3		1.0		26%
Provisions	0.1		-		452.2%
Current tax liabilities	0.7		0.0		100%
Total current liabilities	18.7		17.7		5.2%
Non-current liabilities:
Loans and borrowings	19.2		21.5		-10.8%
Employee benefits	0.2		0.2		40.7%
Total non-current liabilities	19.4		21.7		-10.5%
Total Liabilities	38.1		39.4		-3.4%
Total Equity	25.5		23.7		7.3%
Total Liabilities and Equity	63.6		63.1		0.6%

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Statement of Cash flow

($m unless stated otherwise)	FY21	FY20	Change %
Cash Receipts from Customers	128.0	103.4	23.8%
Cash paid to suppliers and employees	(120.0)	(97.4)	23.2%
Net Interest Paid	(1.4)	(1.6)	33.3%
Income Taxes received (paid)	(0.5)	(0.6)	-10.0%
Net cash from operating activities	7.0	3.8	83.2%
Acquisition of property, plant and equipment	(0.6)	(3.4)	-81.7%
Proceeds from sale/ disposal of assets	0.1	0.4	-85.0%
Net cash from investing activities	(0.6)	(3.0)	-81.2%
Proceeds from issue of share capital	-	4.5	-100%
Proceeds from loans and borrowings	4.7	5.6	-16.6%
Repayment of loans and borrowings	(5.0)	(4.5)	11.5%
Payment of finance lease liabilities	(2.3)	(0.9)	149.7%
Payment of lease liabilities	(2.5)	(1.6)	51.4%
Net cash used for financing activities	(5.1)	3.1	-263.0%
Net increase/(decrease) in cash	1.4	3.9	-65.6%
Cash at the beginning of the period	8.6	4.6	86.0%
Effects of movement in exchange rates	(0.03)	0.03	-187.5%
Cash at the end of the period	9.9	8.6	15.4%

31

Note : In the table, cash refers to cash and cash equivalents.

Disclaimer

This presentation contains summary information about Wiseway Group Limited (Wiseway) and its subsidiaries and their activities. The information in this presentation does not purport to be complete. It should be read in conjunction with Wiseway’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au.

The information contained in this presentation is not investment or financial product advice and has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, investors should consider the appropriateness of the information having regard to their own investment objectives, financial situation and needs and seek independent professional advice appropriate to their jurisdiction and circumstances.

To the maximum extent permitted by law, no responsibility for any loss arising in any way from anyone acting or refraining from acting as a result of this information is accepted by Wiseway, any of its related bodies corporate or its directors, officers, employees, professional advisers and agents (Related Parties). No representation or warranty, express or implied, is made by any person, including Wiseway and its Related Parties, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation.

An investment in Wiseway securities is subject to investment and other known and unknown risks, some of which are beyond the control of Wiseway or its directors. Wiseway does not guarantee any particular rate of return or the performance of Wiseway securities.

Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. This presentation contains certain forward ‐ looking statements with respect to the financial condition, results of operations and business of Wiseway and associated entities of Wiseway and certain plans and objectives of the management of Wiseway. Forward ‐ looking statements can be identified by the use of forward ‐ looking terminology, including, the terms “believes”, “estimates”, “anticipates”, “expects”, “predicts”, “intends”, “plans”, “goals”, “targets”, “aims”, “outlook”, “guidance”, “forecasts”, “may” or “will”, and similar expressions. These forward ‐ looking statements include all matters that are not historical facts. Such forward ‐ looking statements involve known and unknown risks, uncertainties and other factors which because of their nature may cause the actual results or ‐ performance of Wiseway to be materially different from the results or performance expressed or implied by such forward looking statements.

Such forward ‐ looking statements are based on numerous assumptions regarding Wiseway’s present and future business strategies and the political, regulatory and economic environment in which Wiseway will operate in the future, which may not be reasonable, and are not guarantees or predictions of future performance. No representation or warranty is made that any of these statements or forecasts (express or implied) will come to pass or that any forecast result will be achieved. Forward ‐ looking statements speak only as at the date of this presentation and to the maximum extent permitted by law, Wiseway and its Related Parties disclaim any obligation or undertaking to release any updates or revisions to information to reflect any change in any of the information contained in this presentation (including, any assumptions or expectations set out in this presentation).

All figures in this presentation are A$ unless stated otherwise and all market shares are estimates only. A number of figures, amounts, percentages, estimates, calculations of value and fractions are subject to the effect of rounding. Accordingly, the actual calculations of these figures may differ from figures set out in this presentation.

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Contact us

Company/investor enquiries: admin@wiseway.com.au

Media/investor enquiries: Noha Habib +61 449 571 078 Wiseway@symbolstrategic.com.au