#1THE GO2 PEOPLE IPO INVESTOR PRESENTATION AUGUST 2017#2This Investor presentation has been prepared solely for the purpose of assisting recipients in deciding whether to investigate further a possible investment in the securities of The GO2 People and may only be used for that purpose. Market size estimates are based on available research but no warranty can be given to their accuracy. This Investor presentation is not intended to provide the sole or principal basis of an investment decision or any other risk evaluation and may not be considered as a recommendation by The GO2 People, JB Advisory Pty Limited or any other person in connection with an investment in The GO2 People. Any recipient should determine its interest in acquiring securities in The GO2 People on the basis of the Investor presentation and independent investigations that it considers necessary or desirable. An investment in The GO2 People should be considered a highly speculative investment that is subject to significant risks. Any party considering an investment in The GO2 People should seek independent financial advice. This Investor presentation has not been, and will not be, lodged with ASIC. THE GO2 PEOPLE DISCLAIMER 2#3THE GO2 PEOPLE ARE A LEADING PROVIDER OF VERTICALLY INTEGRATED RECRUITMENT AND BUILDING SERVICES TO INDUSTRY THROUGHOUT AUSTRALIA. > Founded in 2011 by Paul Goldfinch and Billy Ferreira > Quickly established a reputation as a leading labour hire business throughout WA & QLD with 5 offices across both States. > Successful 2016 financial year with over $38 million in revenue generated and $2.2m EBITDA > Two core businesses: Labour Hire and Building: 1. Labour Hire division has a strong foothold in the Western Australian and Queensland markets, with national growth opportunity 2. Exciting potential for Building division in Rapid Build Homes sector following recent pilot successes in the Over 55s market (retirement/seniors) > Experienced management team with strong industry expertise and capability > IPO in September 2017 to raise funds to enable the Company to enter its next phase of growth > $10-12 million to be raised for the IPO at 20c, with an expected market capitalisation of $25 million at max subscription > Two acquisitions lined up as part of the IPO to accelerate the growth of the Building division THE GO2 PEOPLE THE GO2 PEOPLE 3#4Go2 Building vendor shares 2% Terra Firma vendor shares 2% Co-Founders Present 100% owned subsidiaries New shares 47% & Key Management 47% GO2 Recruitment Pty Ltd as trustee CAPITAL STRUCTURE Other existing shares 2% THE GO2 PEOPLE LIMITED Subsidiaries to be acquired on ASX listing for the GO2 Recruitment Trust The GO2 People Australia Pty Ltd Terra Firma Constructions Pty Ltd CORPORATE STRUCTURE SHARES OPTIONS Currently on issue To be issued pursuant to the Offer¹ 62,333,333 15,000,000 Offer price 60,000,000 Nil Market Capitalisation post Offer To be issued pursuant to the Acquisitions² 5,500,000 Nil Cash Total 127,833,333 15,000,000 Debt EV 1. Assuming a Maximum Subscription under the Offer. In the event that the Minimum Subscription under the Offer is raised, the Company will have 117,833,333 Shares on issue upon achieving Official Quotation. 2. Being 3,000,000 Shares to be issued to the GO2 Building Vendors and 2,500,000 Shares to be issued to the Terra Firma Vendor. Refer to Sections 9.2 and 9.3 for details of the consideration to be provided under the GO2 Building Agreement and the Terra Firma Agreement. GO2 Building Pty Ltd $AUD $0.20 $25 million $7.9 million $4.9 million $22 million THE GO2 PEOPLE CORPORATE SNAPSHOT POST IPO 4#5THE GO2 PEOPLE Paul Goldfinch Head of Investor Relations & Growth & Co-founder Fraser Kahler Investor & Share Market Advisor BOARD OF DIRECTORS Darren Cooper Independent Non-Executive Chairman Billy Ferreira Managing Director and Co-founder. Doug Grewar Non-Executive Director EXECUTIVE MANAGEMENT TEAM Christopher Streat Head of Building Ross Lovell Head of Labour Hire Matthew Thomson Chief Financial Officer & Joint Company Secretary Peter Torre Joint Company Secretary ADVISORY BOARD George Gear Corporate Governance & Industrial Relations Advisor Clint Thorp Operations Advisor Dario Amara Construction & Compliance Advisor Neal Shoobert Financial Advisor LEADERSHIP, EXECUTIVE & ADVISORY BOARD 5#6GO2 IS BORN ⚫ Labour Hire business incorporated WA office opens AWARDED LABOUR SUPPLY CONTRACTS • Indigenous Housing Program in remote QLD communities, QLD ⚫RCE Rail Project, WA • Warnbro Shopping Centre Project, WA BUILDING DIVISION COMMENCES OPERATIONS, WA • Awarded labour supply contracts •Elizabeth Quay Project, WA ⚫ Roy Hill Project, WA Sunshine Coast University Hospital Project, QLD ⚫ National Broadband Network Project, QLD Moreton Bay Rail Link Project, QLD • Westfields Shopping Centre Extension Project, QLD ⚫ Kwinana Freeway Project, WA Victoria Park Rail Project, WA Joined WA Labour Hire Panel for large mining service provider ⚫ Joined National Labour Hire Panels for tier 1 and 2 clients • Provision of labour hire and management services for Over 55's residential development Sunshine Coast, QLD office opens AWARDED NATIONAL LABOUR SUPPLY AGREEMENTS • Awarded WA labour supply agreements Signed MOU agreements • Notice of Intention with GenerationOne • Exclusive residential building supply to Resi Property Trust Gold Coast, QLD office opens • Exclusive residential builder for Norfolk Homes in WA • Joined a government body Labour Hire Panel • Signed agreement with IndraSync to provide labour hire, and use their IndraSync Technology to create "smart" homes & buildings • Signed MOU agreements - Sterling First Housing Pty Ltd - Building Over 55 houses for lease Awarded National Labour Hire Agreement 2011 2012 2013 2014 2015 2016 2017 NEW OFFICE Brisbane office opens • Awarded Labour supply Jimblebar Camp Expansion Project, WA AWARDED LABOUR SUPPLY CONTRACTS GLNG Project, QLD •APLNG Project, QLD QCLNG Project, QLD •Westfields Shopping Centre Upgrade Project, QLD •Perth City Library Project, WA Mitchell Freeway Expansion, WA Joined WA Labour Hire Panel for an engineering and construction contractor AWARDED LABOUR SUPPLY CONTRACTS • Westfields Shopping Centre Extension, QLD •Toowoomba Second Range Crossing, QLD Gold Coast Light Rail Stage 2, QLD • Signed Indigenous Agreement with Fairbridge Village, Pinjarra, WA • Bunbury, WA office opens THE GO2 PEOPLE THE JOURNEY SO FAR 6#7LABOUR HIRE > Established revenue generating business with 5 offices throughout WA & QLD > Provision of temporary staffing solutions under cost plus contracts with pre-agreed margins > Strong track record in delivering staffing solutions to major infrastructure projects > A recognised and respected brand > Proprietary database of 100,000 plus candidates > Established and effective operating systems MANAGEMENT INDUSTRY KNOWLEDGE, SKILLS AND NETWORKS BUILDING Emerging rapid build smart homes business with exciting growth prospects Momentum with small pilot housing projects > Focused on the Over 55's and affordable living sector > Expertise in the building and installation of mining camp infrastructure Developing further capability to target WA and QLD markets Multiple revenue avenues (sales, leasing, profit sharing etc.) WILL PROVIDE LABOUR HIRE FOR THE BUILDING DIVISION'S PROJECTS WILL PROVIDE BUILDING SERVICES TO THE LABOUR HIRE DIVISION'S CLIENTS THE GO2 PEOPLE BUSINESS OVERVIEW 7#8EXTENSIVE TALENT DEPTH STRONG TRACK RECORD RECENT MAJOR PROJECTS Developed through its industry skilled recruiters our database contains 100,000 plus job candidates (casual employees, trainees and prospective employees) which cover some of the following disciplines: Provision of temporary staffing solutions covering: > Construction Trades > Electrical Trades & Technical > Civil Plant Operators > Mobile Plant Operators > Track record built delivering staffing solutions for Major infrastructure, Mining and resources, and building and construction projects in WA and QLD > Employed more than 1500 people last financial year > Contributed $36.4 million in revenue in FY16 > Preferred Supplier contracts with Tier 1 and 2 clients - cost plus basis with a pre-agreed margin > Highly capable delivery team with key industry experience across all offices > Very clear strategic plan in place to deliver consistent results > Well positioned to grow geographical presence and convert new market opportunities RECENT MAJOR PROJECTS INCLUDE: > Perth Childrens Hospital - Perth, WA > Kings Square - Perth, WA > Kwinana & Mitchell Freeway Expansions - Perth, WA > Roy Hill Mine - Pilbara, WA > Moreton Bay Rail - Brisbane, QLD > Sunshine Coast University Hospital - Kawana, QLD > National Broadband Network - Various Areas of QLD > GLNG Roma 02 Roma Upstream - Surat Basin, QLD > Fairview 4 & 5 Substation Project - Surat Basin, QLD > Skilled & Unskilled Labour > Mining Operations Personnel > Management & Supervisory Personnel > GoldlinQ Stage 2 - Gold Coast QLD > Toowoomba Second Range Crossing - Toowoomba, QLD > Perth Stadium - Perth, WA THE GO2 PEOPLE ESTABLISHED LABOUR HIRE DIVISION 80#9RAPID BUILD HOMES > A quality alternative to traditional building methods that utilises structural insulated panel systems and wet area pods as its basis. > Prefabricated components come to site ready for installation reducing build times significantly. > Cost of site labour also reduced through speed of build and prefabricated components. > Ability to build high volume of "cookie cut" dwellings in short space of time. > Go2 People will combine the Rapid Build method with smart technology - a wireless communications system to manage lighting, entertainment and security systems in residential and commercial buildings > Controlled by smart phones, tablets, and voice activation capability, not cloud reliant > Smart technology offering provides a point of difference in the affordable housing sector, whilst remaining cost effective TARGET MARKETS > Affordable Housing Market > Over 55's sector > First Home Buyer > Mine Site Camps & Infrastructure > Education Sector PARTNERSHIPS IN PLACE > Cedar Woods MOU - JV to design, build & sell housing in The Rivergums development, Baldivis WA > Resi Property Trust MOU - Exclusive builder for Rapid Build Homes > Norfolk Homes MOU - Exclusive residential builder > Sterling First MOU - Construction of Over 55's housing for lease THE GO2 PEOPLE BUILDING DIVISION POISED FOR SUCCESS 9#10> ASSETS S TRUSTED SERVICES MULTIPLE REVENUE STREAMS LABOUR HIRE DIVISION Typically: > 1 day to 24 months in duration > 1-100+ employees per project > Industry knowledge held by management & recruiters > Database of over 100,000 candidates, harnessed by both divisions > Provision of temporary/ casual staffing solutions on an as-needs basis Cost plus contracts with a pre-agreed margin BUILDING DIVISION > Direct investment > Joint ventures > Strategic partnerships > Construction industry expertise to design and construct homes, buildings and mine site camps & infrastructure Sale of houses > Leasing of houses and commercial buildings Lump sum price or set fee under contract Cost and profit sharing Fixed lump sum payments Construction management fees Design and construction fees THE GO2 PEOPLE BUSINESS MODEL 10 10#11目 TOOWOOMBA SECOND RANGE CROSSING The Toowoomba Second Range Crossing is the largest Australian Government funding commitment to a single road project in Queensland's history. The $1.6 billion project is a 41km road bypass route to the north of Toowoomba. When finished, it will connect the Warrego Highway at Helidon Spa in the east to the Gore Highway at Athol in the west via Charlton. Provision of skilled trades and technical personnel, civil operators and general labour for Civil, Road Construction. 12 க் PREFERRED SUPPLIER CONTRACT WITH NEXUS INFRASTRUCTURE AND MACKELLAR EPSA 12-36 MONTHS DURATION OVER 100 CASUAL EMPLOYEES SUPPLIED COST PLUS AGREEMENT THE GO2 PEOPLE CASE STUDY 11#12FY 2016 $000 APRIL 2017 $000 FY 2015 $000 38,315 REVENUE 27,840 20,815 GROSS PROFIT 3,195 5,215 2,811 Gross Profit Margin 11.5% 13.5% 13.6% EBITDA 539 815 2,207 > 95% of FY16 revenue was generated by the Labour Hire division > H1 FY17 revenue impacted by major projects being completed simultaneously and large workforces demobilised. > Business development strategies implemented to counteract this and preferred supply agreements subsequently won. > H2 FY17 revenues are approximately 56% up on the prior corresponding period > Gross margin for Labour Hire Division expected to be steady at circa 10%. > Gross margin for Building Division expected to be steady at circa 15% THE GO2 PEOPLE PROFORMA FINANCIAL PERFORMANCE 12#13PERTH THE GO2 PEOPLE $ Millions 80 60 40 20 BRISBANE 0 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 ADELAIDE MELBOURNE SYDNEY 100+ 1000+ 80:20 RAPID BUILD HOMES LABOUR HIRE PLACEMENTS REVENUE MIX BY 2020 FOR LABOUR HIRE: BUILDING OPERATIONAL GOALS AUCKLAND WELLINGTON CHRISTCHURCH LEGEND Current Offices Projected Offices 13#14Indicative Timetable Key Dates - Indicative Timetable* Lodgement of prospectus Opening date of offer Closing date offer Despatch of holding statements Expected date for quotation on the ASX Key Offer Details 1 Aug 2017 Offer price per share 15 Aug 2017 8 Sept 2017 15 Sept 2017 Shares to be issued under the offer Total number of shares on issue following the offer Gross proceeds of the offer 22 Sept 2017 Market cap (post listing) Minimum Subscription Maximum Subscription $0.20 $0.20 50,000,000 60,000,000 117,833,333 127,833,333 $10,000,000 $12,000,000 23,500,000 $25,600,000 *The above dates are indicative only and may change without notice. The Exposure Period may be extended by the ASIC by not more than 7 days pursuant to Section 727(3) of the Corporations Act. The Company reserves the right to extend the Closing Date or close the Offer early without prior notice. The Company also reserves the right not to proceed with the Offer at any time before the issue of Shares to Applicants. Lead Manager to the Offer: JB Advisory Pty Limited THE GO2 PEOPLE ABOUT THE TRANSACTION 14#15EXPAND BUILDING BUILD THE TEAM DIVISION LOCATIONS INFRASTRUCTURE DIVERSIFY EXPAND INTO NEW ZEALAND i A DEVELOPMENT FACILITIES MANAGEMENT & MAINTENANCE ☑ Invest in top industry talent nationally across sales, marketing and delivery By nurturing current relationships, delivering key projects and establishing a presence in QLD Increase geographical presence including offices in NSW & VIC the two biggest recruitment markets in Australia Continue to focus on significant infrastructure spend across the country over the next 5-10 years Additional markets for labour hire and building - Government, Education Enter labour hire and building markets in NZ with focus on large infrastructure spend and commitment to affordable housing maintain existing and develop new relationships with national land developers as preferred builder to design, construct, manage and maintain an Over 55's development Further develop Facilities Management & Maintenance capability to service our own projects and those of our clients THE GO2 PEOPLE GROWTH STRATEGY 15#16Use of Funds > Creation of a stronger financial position to allow future growth and the ability to increase the number of labour hire employees if and when required as increased labour hire contracts are awarded Accelerate the development and growth of the Building Division in the Rapid Build and Smart Home sector via two acquisitions: Acquisitions of GO2 Building Planned Expenditure ALLOCATION OF FUNDS Expenses associated with the Offers. MINIMUM SUBSCRIPTION $10,000,000 PERCENTAGE MAXIMUM PERCENTAGE OF FUNDS SUBSCRIPTION OF FUNDS (%) $12,000,000 (%) 1,000,000 9% 1,200,000 9% Voluntary Reduction in Debt 3,500,000 31% 3,500,000 27% Fund Recruitment Business Growth 1,500,000 13% 2,000,000 15% Fund Building Business Growth 750,000 7% 1,500,000 11% Settlement - Terrafirma 150,000 3% 150,000 2% Expansion of Offices/Business Development 200,000 2% 750,000 6% TOTAL 7,250,000 9,250,000 Balance of Working capital - Recruitment 2,000,000 18% 2,000,000 15% Balance of Working capital - Building 750,000 7% 750,000 6% > Pty Ltd (GO2 Building) > Terra Firma Constructions Pty Ltd (Terra Firma) > Reduce net debt position of the Company *Note: All financial projections have been provided by the Company and are indicative only. Projections have been based on industry analysis and are subject to change. All figures '000. Disclaimer: This Executive Summary has been prepared solely for the purpose of assisting recipients in deciding whether to investigate further a possible investment in the securities of GO2 and may only be used for that purpose. This executive Summary is not intended to provide the sole or principal basis of an investment decision or any other risk evaluation and may not be considered as a recommendation by the Company, JB Advisory Pty Ltd or any other person in connection with an investment in the Company. Any recipient should determine its interest in acquiring securities in the Company on the basis of the Information Memorandum and independent investigations that it considers necessary or desirable. An investment in the Company should be considered a highly speculative investment that is subject to significant risks. Any party considering an investment in the Company should seek independent financial advice. This executive Summary has not been, and will not be, lodged with ASIC. THE GO2 PEOPLE FUNDING & PLANNED EXPENDITURE 16#17Strong industry expertise in the Labour Hire and Building sectors > Two core businesses, with synergies between the Building and Labour Hire divisions > Long-standing relationships with established Tier 1 and 2 clients Clear growth strategy to reach target revenue by 2020 > Exciting pipeline of major infrastructure opportunities in Australia for Labour Hire division > Aligned management team, 47% shares held by Co-Founders and key management in voluntary escrow Strong news flow pipeline ahead to indicate progress towards growth objectives > Growth into Australia's two biggest labour hire markets - NSW, VIC > Rapid Building Method - Exciting new cost effective alternative to traditional residential construction set for growth Strategic partnerships in the affordable housing and Over 55's sectors > Expansion into NZ labour hire and building markets THE GO2 PEOPLE INVESTMENT HIGHLIGHTS 17#18THE GO2 PEOPLE THE GO2 PEOPLE For more information please contact: Paul Goldfinch - Growth & Investor Relations Mobile 0479 193 903 Email [email protected] Web www.thego2people.com.au JB Advisory Pty Limited Ben Callanan Email [email protected] Mobile 0410 419 473