IBEX IPO Presentation Deck

Leading Growth Expanding EBITDA Revenue Visibility Capital Efficiency ibex business model . Non-voice growth New economy growth High margin focus Reaping scale economies Industry diversification • Reducing client concentration Strong capex controls Driving cash conversion FY20E(¹) 14% YOY adj revenue growth(2) FY20E(¹) 13% adj EBITDA margin 332 bps YOY A in margin YTD Q3 FY20 100% top 25 client retention (3) YTD Q3 FY20 2% maintenance capex % revenue <2-Year payback on growth capex Note: Fiscal year ends June 30. (3) FY20E based on midpoint of unaudited, preliminary financial results. See appendix for additional details. Represents YoY FY20 revenue growth excluding contribution from strategic exit from select Cable cilent business determined by management to have substandard profitability ($14m revenue contribution in FY19) 9% YOY FY20 grown on an unadjusted, as-reported basis 13

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