#1Geo. Australian Investor Presentation March 2017#2Important Notice This information pack is provided on behalf of GeoOp Limited ("GeoOp", "GEO") is for general information purposes only and is not investment advice or constitute an offer or recommendation of securities in GeoOp. This presentation is a summary and does not purport to be complete, nor independently verified. While all reasonable care has been taken in compiling this information pack, GeoOp accepts no responsibility for any errors or omissions. This information pack should be read in conjunction with GeoOp's Annual report and market releases. In addition to historical information, this information pack may contain forward-looking statements. These forward-looking statements are based upon current expectations and involve both known and unknown risks and uncertainties. Actual results may differ materially from those stated in any forward-looking statement based on a number of important factors and risks. Although management may indicate and believe the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate or incorrect. There can be no assurance that the results contemplated in the forward-looking statements will be realised. All information in this information pack is current at the date of circulation, and all currency amounts are in New Zealand dollars, unless otherwise stated G. 2#3Introductions Anna Cicognani CEO and MD Roger Sharp Chair Appointed 2015 CEO and in other C-level roles in public and private companies such as APN, PMP, Telstra and Fairfax. Involved in digital media and technology projects of all sizes, as an operator and investor, for over 25 years. Appointed 2016 Founder of GEO's major shareholder, North Ridge Partners. Previously ABN AMRO Bank CEO of Asia Pacific Securities and Global Head of Technology. Chair of Asia Pacific Digital, Chair-elect of Webjet. G. 3#4Introduction to GEO High growth Software as a Service company Proven with 27,000 clients in 30 countries Annual revenues of $4.5m Two current products: GeoServices and GeoSales. GeoCare soon to be launched NZAX listed, capitalisation $A11m Seeking to migrate to ASX to access liquidity Q+ M CLIENT CLIENT ADDED JOBS VISIT ADDED TIME ARCHIVED MESSAGE + $ ☑ 目 III, 目 G. STAFF STAFF ADDED PAYMENT/INVOICE REPEATS PDF NOTE NOTE: TIME NOTE: PART My Jobs www Bridgeright Bohol Application insulation GEO SERVICES GeoServices Workforce Geo management Services Sales Care Powerful tools to take control of your business made easy Create, schedule and assign jobs to field workers in real time Quick quotation and invoicing Services Sales Care Powerful tools to take control of your business www.geo.hiz 4#5What does GEO do? If your business has mobile workers who sell, deliver, perform services or collect payments GEO has an application that will make your business more efficient and improve the experience for both customers and staff Fire system upgrade Job #LH601 Curt Sunnary Den Tw D - Dry Powder &rct P Desorgton Mobi 30 10:10 AM Map All Jobs Filter 6 Jan 2015-17.00 Jasmine O' keefe - Panache Theatre extinguisher 30 mins 30 mins alarm chew-Lipilli hotel Today 10:10 Invoice Sent Adam Bristo Lillipili hotel Fire system 30 mins de Quoteker Easy Security Time with Garethy Adam Bristow-Lillip Security Check 30 David Lamont-Jame cabling 30 mine Brent Davis-Park ce Today 11:00 G. xx × 40 × GEO - powerful tools that give you control of your business 50#6Mobile workforce and job management GeoServices . Market-leading workforce job management and costing solution . End to end job processing Allows users to create, schedule and assign jobs to workers in the field Enables a field worker to record job details and attach photos, signatures and files in real time Jobs can be invoiced immediately and payments taken on the spot Integrated with Xero, MYOB, Quickbooks and other SaaS platforms today tomorrow безбр G. 6#7Job sheet... LOOK FAMILIAR? SERVICES PTY LTD -wasting time since 2009- 12/75 Double Data Entry House, Snail Place, Muddy Waters Phone: 012 3456789 fax: 0987654321 email: [email protected] JOB SHEET ref: 958 Does this job Sheet look familiar to you? Perhaps it resembles one that went missing last week? Or is it frighteningly similar to the one that prompted a call to the office because they couldn't read the address? I bet you're not overly comfortable asking a customer to sign it? Office Use only. Whip no: Assigned to: Work Type: Asset ID: Job Location: Details of Complaint Organised Work: Materials Ordered: Supplier: 700321. James M. Access chamber seal Every t Date/Time 31/05/14 Job No WIZ 707 AssHERE IS THAT Priority: Moderat ADDRESS AGAIN? Clean goder Redace damaged Palmd MAYBE YOU SHOULD (ALL THE OFFICE. Order no: Order no: Order no: ...of the past Store. Req no. Req no. DATE 1/6/14 DATE DATE DATE FIELD REPORT BY: START START START START Order no: Req no. Req no. 7.30am FINISH Towan FINISH FINISH FINISH What if you could make time for the important things such as new business? Or win business faster by creating a quote and have it accepted in the field? Wouldn't it make a difference if staff could update job sheets with a signature, time and photos on the job from any device? Does no after-job paperwork or re-keying of data appeal? And surely it would be a no-brainer to find more billable hours with smart GPS tracking. COMMENTS Parts from Boi gardens (17) JOB (tick) In Progress Completed Print Name: Sign: Mastery Mastery Many of our customers said the hardest thing was taking that first step. But they've never looked back. GeoOp is complete job management all wrapped into a low cost, easy to use service with premium support. It's wherever you and your team are and can be used on any device. Job manag I made easy. Trial our 14 day free trial today www.geoop.com 7#8GeoServices - mobile job management KG. JN351 + DETAILS CHARGES (4) NOTES (0) Rate Qty Total .....2degrees 16:29 1 40% All Jobs No Reference Edit Detail Status Charges Notes Standard Rate Job Title Rewire office space Standard hourly rate 8... 100.00 1.00 100.00 Job Start 12/02/2014 8:00 quoted by G. Berry on Jun 16 Actuals 200.00 Job End 12/02/2014 9:00 Call Out Flat call out fee quoted by G. Berry on Jun 16 +Actuals SENDING... 100.00 1.00 100.00 100.00 SUB TOTAL TOTAL Actuals 300.00 300.00 Quotes 200.00 200.00 Billable 200.00 200.00 Payments 0.00 Balance due 200.00 Working Offline Priority High Description Call 117 at intercom ask for John, he wants quote for job Order # 001 Address 2a Kipling Street, Richmond 3121 38 Melbourne Jobs Closest Job Add Job mm People Settings G. 8 00#9Geo QUICK LINKS 0-0 Overview Jobs Clients Staff Settings JOB LIST JOB TEMPLATES SCHEDULE PARTS MESSAGE HISTORY INVOICING REPORTS Download Job Pdf v #JN370 - Pool Service BUY NOW (SUBSCRIPTION EXPIRED) Job Details Time & Parts (0) Notes & Files (0) Messages (0) Site Log Town Hall History Hyde Park Bill To Other: + JB Job Title: Dishwasher repair Job Ref: JN370 Order #: Job Start: 29 Oct 2013 14 # 10 = Duration: # Days Address: 22/120 Sydney Street Address 2: Fairlight City: Sydney Sussex S < The Pool of Reflections Museum Liverpool St College St Francis St Oxford St Crown S M1 Forbes Ward M: None Available Ph: 09 521 4566 [email protected] Rushcutters Bay Park Kings Cross Clapton P Victoria St Wiliam St RUSHCUTTERS BAY Albert Sloss Liverpool St 5 Comber Oxford St Surrey St Barcom Ave Boundary St Glenntore Rd Gipps St Victoria Barracks m P McLachlan Ave Brown St Cooper Goodhope St 車 New Beach Rd Map Loftus Mona Rd Satellite enoaks Ocean Ave Gurner St Weigall Sportsground Cascade St Glenmore Rd Cecil Ln Trumper Park ४ ASSIGN JOB Cameron St Edgecliff Jamie Bell Schedule No jobs within 12 hours. Last Heard From @1 Oct 2013 1:11pm Hay St George Pitt St Central Ak insen's IS Postcode is Centre tion Hay St Fay Lo Surry Hills Police Station Elizabeth St Mary St Chalmers St Buckingham St Cleveland St Reservoir St Ann St Belmore Ln Kippax St 5 Albion St Fitzroy Se Reserve Riley St Crown St Bourke St Crown St Denham St Foveaux St Sophia St Devonshire St Ward Park Goodfel Lo James St Redfem St Chalmers St Douglas St Redfern Park Phillip St Raglan St Elizabeth St Elizabeth Ln S IS peau SURRY HILLS ms St Phelps St Arthur St Olivia Ln Cleveland St Napier St Selwyn St Iris St Greens Rd rade Exit er Ave Anzac Parade Chelsea St Boronia Ln s Boronia Sta Phillip St Young St Baptist St Marriott St Bourke St South Dowling St MI stributor Motorway Sydney Boys High School A Sydney Girls High School Position manually adjusted MAP ADDRESS Priority: Normal Status: New Job SAVE JOB COPY JOB Kippax Lake Moore Park A Moore Park Showground ford St rdon St WOOLLAHR James St Oxford St St Carrington Drive Parkes Drive Centennial in Cook Rd Lang Rd Lang na CENTENNIAL PARK John Bowd 0% sports comple Grand Dr. Ave 6 GEOMAP SUPPORT#10Mobile sales workforce management GeoSales Market-leading field sales management solution Allows sales manager to allocate sales territory Tracks campaign performance in real time Provides detailed information combining sales territory, targets, geographic and demographic information Sales force monitoring against targets Used by telcos, energy and media companies to generate field sales Data flows into ERP 印同印日 GO G. 10 10#11Mobile human services management GeoCare Designed specifically for human services providers Enables teams to self-manage, so they construct their schedules around availability Online management of client requests, smart rostering and online service delivery tracking Multi-level rostering, payroll and invoicing Real-time info and comms between client, carer, care team & operations Human Services QUICK LINKS S Π Ο Client Profile/ Mary Wilson Client Details Jobs Client Records Messages History St G. Send Message Client Actions Search From TR Search Scheduled Ad Unscheduled 07 Mar 2016 31 Aug 2016 Search by fill, w Advanced Search Reset Ref Title Job Address Priority Status Job start O Staff 1920 Weekly Services 3 12 Newhaven Avenue Normal Blacktown New Jun 27 2018 11:30 B 10 S B 2 New South Wales 2148 1099 Weekly Services 12 Newhaven Avenue Normal Blacktown New Jun 20 2018 11:30 BO 5 2 New South Wales 2148 #1018 Weekly Services 12 Newhaven Avenue Normal New 3 Blackw Jun 13.2015 11:30 O e 5 2 New South Wales 2148: #1017 Weekly Services 12 Newhaven Avenue Normal s Blackw New Jun 06 2016 11:30 5 2 ON 0 New South Wales 2148 11#12SaaS Business Model Subscription - annual or monthly (at a 20% premium) Self-service sign up for GeoServices Training and implementation to facilitate change management with customers Marketing through: digital channels Inbound and outbound Trade shows Fire system upgrade Job #LH601 Curt Sunnary Den Tw D - Dry Powder &rct P Desorgton Mobi 30 10:10 AM Map All Jobs Filter 6 Jan 2015-17.00 Jasmine O' keefe - Panache Theatre extinguisher 30 mins 30 mins alarm chew-Lipilli hotel Today 10:10 Invoice Sent Adam Bristo Lillipili hotel Fire system 30 mins de Quoteker Easy Security Time with Garethy Adam Bristow-Lillip Security Check 30 David Lamont-Jame cabling 30 mine Brent Davis-Park ce Today 11:00 G. xx × 40 × 12#13Market Opportunity GeoSales GeoServices GeoCare <1% share of global addressable market Secular shift to SaaS Industry growth rate 20%+ G. 13#14GeoServices - top 10 customers TECHSafe Auckland Council Te Kaunihera o Tamaki Makaurau 250 licences 200 licences Geop KNIGHTGUARD PROTECTION GROUP 2,000 licences GeoServices today amomove ADELAIDE greenClean 150 licences HARVEY greenstaff 500 licences Downer Relationships creating success 350 licences GRS TOWING 100 licences BUILDING PRODUCTS 70 licences JCV Systems Pty Ltd Connecting to the future MEN AT WORK 100 licences 90 licences G. 14#15GeoSales - top 10 customers LGCYPOWER Together, we're reinventing energy one roof at a time 114 licences mpower 175 licences simply energy 145 licences - 2 channels CHAMPION ENERGY SERVICES 147 licences JOSCO ENERGY CORP. 76 licences IND m mojo 63 licences GeoSales NAGL Energy in action. 81 licences alintaenergy Trust power. red energy 91 licences 138 licences. 3 channels 108 licences G.#16Track Record of Customer Growth 30,000 25,000 20,000 15,000 10,000 Licenced Users Group 26,990 26,182 25,048 20,890 21,210 21,537 19,009 17,839 16,391 13,370 11,354 9,509 5,000 2,300 3,400 4,700 6,157 Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 16 G.#17ARPUS and geographies $1,102 GeoSales ARPU $85 GeoServices 25,448 1,542 Customers GeoSales GeoServices GeoServices Total Licences as of 31-Dec-2016 Global, 1,614, 6% UK, 1,336,5% North America, 1,498,6% New Zealand, 6,102,24% Australia, 14,898 59% GeoSales Total Licences as of 31-Dec-2016 North America 36% ANZ 64% G. 17#18Financial History $'000 Licenced Users Revenue FY15* FY16 H117** 19,009 23,717 26,990 1,086 1,777 2,100 G. Annualised Recurrent Revenue and average monthly EBITDA ARR EBITDA average EBITDA (5,772) (3,344) (1,724) 1,794 Annual Recurring Revenue (ARR) 1,312 1,794 3,674 1,481 1,312 ARPU GeoServices $68.50 $77.23 $84.48 867 ARPU GeoSales 3,674 N/A N/A $1,102 (-227) (-298) (-196) (-287) (-385) * FY15 report included 15 months ** H1 FY17 include enterprise platform launch, AWS migration and integration costs of Interface IT acquisition Sep-14 Jun-15 Dec-15 Jun-16 Dec-16 18#19Planned Migration to ASX G. GEO's management team is located in Australia 60% of group revenues are generated in Australia Major shareholders are Australian GEO is listed on NZ alternative exchange Migrating and delisting from NZAX to ASX to improve liquidity and access to capital 19#20Growth and capital requirements Speed of revenue growth and timeframe to break-even are impacted by cash available for: product development and user experience; marketing spend / sales resourcing. Break-even Scenario Cash: With revenue growth: delivers $2.5m-$3.5m 30-40% Breakeven run-rate: 18-24 months G. 20#21Summary Proven business with 27,000 users in 30 countries Secular shift to SaaS driving high industry growth rates . Less than 1% global market share Focus on profitable growth Combination of organic growth, new product launches and M&A Geo. ● Clear path to profitability Proposed migration to ASX to improve liquidity and access to capital §. G. 21 24