Investor Presentaiton

The PEXA platform development has taken 8 years and the involvement of state governments and major banks. Milestones Design and development 2010 PEXA established (as NECDL) by 4 state governments 2011 Accenture engaged to develop platform 4 major banks joined as shareholders XPEXA 2012 Development Activation 2013 First contracts signed with banks First release of PEXA platform 2014 Macquarie Bank became the first commercial shareholder Utilisation Four major banks begin transacting on PEXA LTO connectivity in NSW, VIC, QLD Capability for transfers in NSW Link becomes PEXA Shareholder 2015 Integration into RBA Capability for transfers in QLD and WA 2016 Functional extensions 100% digital Automated integration with banking 2017 2018 platforms Document Hub created Simultaneous settlements across multiple PEXA workspaces launched LTO expansion into SA PEXA Projects launched Mandating programs announced 2019 Delivering residual document infrastructure to enable 100% digital Link Morgan Stanley and CBA acquire PEXA 60% market share achieved PEXA mandated in 3 of the major states PEXA extension products released Competitors attempt to launch Link Group Investor Presentation 82

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