WISR LIMITED — Capital/Financing Update 2021

Jun 22, 2021

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ASX RELEASE

RESULTS OF SHARE PURCHASE PLAN OFFER – SUBSTANTIALLY OVERSUBSCRIBED

Sydney, 23 June 2021: Wisr Limited ( Company or Wisr ) (ASX: WZR ), is pleased to announce the conclusion of its Share Purchase Plan offer ( SPP ), announced to ASX on 1 June 2021. The SPP complemented the Company’s recent placement to sophisticated and institutional investors to raise $50 million ( Placement ).

The Company received subscriptions in excess of $10 million for the SPP, but has elected to maintain its original offer cap of $5 million. SPP applications will all be scaled back proportionally, to approximately 46% of the application value, with no guaranteed minimum allocation.

Wisr will issue approximately 20 million new fully paid ordinary shares, which will rank equally with existing shares from their date of issue, to satisfy the SPP allocations. The new shares will be issued at $0.25 each, which is the same price offered in the Placement, and are expected to be allotted on 29 June 2021.

The proceeds of the SPP and Placement will be used to fund loan book growth, technology investment and feature enhancement and expanding addressable markets by exploring new markets and growth opportunities.

Anthony Nantes, Chief Executive Officer, said: “We would like to thank our shareholders for their ongoing support and endorsement of the Company’s business model and look forward to delivering on the strategic initiatives which are now well- funded”.

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Wisr Limited ACN 004 661 205

55 Harrington Street, The Rocks NSW 2000

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This announcement has been approved in accordance with the Company’s Continuous Disclosure Policy and authorised for release by the Board of Directors.

For further investor enquiries, please contact:

Vanessa Chidrawi Company Secretary E: investor@wisr.com.au

About Wisr Limited

Wisr (ASX: WZR) is Australia’s first neo-lender with a commitment to the financial wellness of all Australians, through providing a smarter, fairer and wiser collection of financial products and services. Wisr provides a unique Financial Wellness Platform underpinned by consumer finance products, the Wisr App to help Australians pay down debt, multiple credit score comparison service WisrCredit.com.au, combined with content and other products that use technology to provide better outcomes for borrowers, investors and everyday Australians.

For more information visit www.wisr.com.au

Wisr Limited ACN 004 661 205 55 Harrington Street, The Rocks NSW 2000

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