1H23 Results

Highlights Financial results Portfolio performance Strategy Annexure 1H23 RESULTS | 23 FEBRUARY 2023 IP portfolio in focus - a growing risk adjusted opportunity Growth opportunity . Fastest area of growth in OBL's portfolio . Economic and market pressures drive • • companies to monetize and enforce their intellectual property assets at an increasing rate Higher EPV per $ of commitment, better pricing, and higher expected conversion rate due to client acceptance of lower share of early campaign recoveries IP represents 14% of total EPV compared to 9% two years ago IP represents 12% of new commitments compared to 7% two years ago . High returns with unique risk mitigants . . OMNI BRIDGEWAY Rigorous underwriting by award-winning, global team of former IP litigators from top law firms Extensive sourcing capabilities and rigorous case selection process (~99% rejection rate) Deals are structured to account for unique IP risks and opportunities Continuous monitoring and case assessment as milestones are reached Specialist investment committee member Inherent diversification of risk Investments may be cross-collateralised against multiple patented inventions and multiple potential infringers and licensees ⚫ Global presence enables funding of multi-jurisdictional campaigns that hedge risk and drive settlement OMNI BRIDGEWAY $ Investments Claimant Patent Portfolio P P₁ • Multiple, independent paths to optimise returns to OBL P₁ P₂ D. D₂ D3 P5 4 Pool of potential infringers D1 D2 D3 D1 D2 D3 Available Jurisdictions 1 2 1 2 1 Jz J₁ J2 1 D1 Jz J₁ 2 12 J₁ J2 17

View entire presentation