Investor Presentaiton

rhipe - Pre-Fund Launch rhipe has experienced rapid revenue growth and scale, from $40m revenue in FY12 to $377m in FY21 Overview Sector Industry Information Technology Subscription software distribution Australia, New Zealand, Singapore, Malaysia, Philippines, Indonesia, Thailand, South Korea, Sri Lanka, Japan Location Investment Date Apr-141 Current Market Cap A$401m² Acquisition Value A$13.0m Company Milestones rhipe 1. RHP backdoor lists on the ASX with the assistance of Bombora through shell company FRR Corporation. 2. Following due diligence conducted by Bombora Group, rhipe raises capital October 2014 to fund the acquisition of nSynergy and an investment in ASX listed Live Tiles Limited (ASX:LVT). 3. RHP enters the ASX All Ordinaries in March 2015. 4. The Company announces a maiden fully franked dividend of 0.5 cents per share. 5. Mike Hill resigns from the board of RHP after a 5 year tenure, leaving the Company with a strong balance sheet and operations in 8 countries. 6. RHP announces it has received a conditional proposal from Crayon Group Holding ASA (CRAYN.OL) to acquire 100% of the shares in RHP by way of scheme of arrangement for $2.50 per RHP share. In October 2021, the acquisition of RHP was approved. 6 • Commentary and Investment Thesis rhipe Limited (RHP) offers cloud licensing of major software providers (including Microsoft, Citrix and VMware), a subscription management tool, and value-added services to IT services providers who bundle subscription offers to end users. The Company has expanded into high-growth South-East Asian markets since listing, including entering Thailand, the Philippines, Malaysia, Indonesia, South Korea, Sri Lanka and Japan. RHP's subscription based sales model has seen revenue grow from $40.0m in FY12 to $377m in FY21 and EBITDA increasing by more than 6x between the same period. Share Price $3.50 $3.00 $2.50 2 $2.00 1 $1.50 $1.00 1. 2. 12 Announcement of RHP acquisition As at 30 September 2021 $0.50 3 4 5 CO 5 сл 4 3 2 Volume (M's) $- 0 Apr-14 Oct-14 Apr-15 Oct-15 Apr-16 Oct-16 Apr-17 Oct-17 Apr-18 Oct-18 Apr-19 Oct-19 Apr-20 Oct-20 Apr-21 25

View entire presentation