Team Internet Business Overview

Strategic priority: creating a virtuous circle Organic growth • New customer wins • Growing existing customers, and cross- selling our services • Launching new products and contracting with new suppliers . Operating leverage • Achieve cost savings in future periods by continuing our integrations We expect operational gearing to continue to enhance margins as the Group scales Focused bolt-on M&A • Targets matching our own recurring revenue and cash generation profile Share buybacks as a benchmark for acquisition cashflow return on investment Competitive cost of capital · • Buyback equity from free cashflow Retain Net Debt / EBITDA ratio of <2 and interest coverage of > 4x 19

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