Hear more about our capital raise and why we believe this is a significant opportunity....

Some common questions coming through: How was the valuation derived? The valuation has been derived from peers who have recently raised in a depressed capital raising market, and through independent assessment from recent discussions with long term potential suitors. We have a June 2023 revenue forecast and stretch forecast supported by a very strong pipeline. Based on these numbers the valuation is a 4.2x (low revenue) or 3x (stretch revenue) valuation. For scale-up SaaS or data businesses 12 months ago, it was not uncommon to see businesses valued at 8x to 10x revenue. We have pared back our valuation in line with market conditions. What is the Adviser Quality Score? The AQS is a standard benchmark that we are looking to embed in the industry. This has the potential to form a large slice of revenue in the future, but is currently not part of our forecast whilst we size the opportunity. It is already being used in the market. We have since had significant interest from Super funds, PI insurers, asset managers, licensees in this score. Whilst we cannot divulge too much (IP), I am happy to field separate calls on this and talk through this in more detail. Scores are inherently the major reason that companies like Equifax, Creditorwatch and S&P exist and we believe will have significant utility in the market. The data gets pooled from multiple sources to predict outcomes and provide benefits for regulatory / legislative / insurance / pricing purposes (to name a few). We have spent 3 years curating and bringing this score / index to market. Do you intend on taking AR overseas. What are the best opportunities? At the moment, we are very focused on the Australian market, given the size of our pension market and the number of players (particularly overseas asset managers). We have a mature market in wealth in Australia and a strong understanding of what we are trying to achieve. Many of our HNW investors on our share register are from the wealth space, so appreciate the opportunity in Australia alone. That being said, we have made our technology and data solutions scalable, and are well informed of overseas markets, particularly the UK, US and Canada, with the former the market the one that most mirrors Australia. We have the opportunity to test our solution in the NZ market before going more broadly (to these large markets), given one of our clients is NZs largest asset manager, and a willing and able regulator (the Financial Markets Authority) that is attracted to our proposition. What is your timeframe on creating a liquidity event for investors? Whilst I need to caveat this, as I cannot predict market outcomes, our advisory team and leadership team have a defined 3 year strategy, which involves trying to create a liquidity event through either a trade sale or IPO. Of course, if market conditions or an exit strategy presents itself earlier, we will certainly entertain that idea in the best interests of shareholders.