Investor Presentaiton

Janison Education Group - Pre-Fund Launch / Listed Equities Janison is a global market leader in digital assessments and testing, providing 6.5m+ assessments across 117+ countries. Overview Sector ⚫ Education Industry • Digital assessments and e-learning solutions. • Global provider of innovative online assessment platform, learning management system ("LMS") and online training solutions. • Dec-171 Description Investment Date Current Market Cap Acquisition Value Current Bombora involvement . A$333m² A$26m Mike Hill and Brett Chenoweth currently sit on the Board of Janison The Bombora Special Investments Growth Fund ("BSIGF") continues to be a shareholder in Janison with a ~4% holding Financial Performance Janison. - FY18 21 revenue CAGR: 20% FY18-21 assessment ARR CAGR: 53% 55% 30 46% 22 39% 23 35% 17 5 8 8 FY18 FY19 Revenue (A$m) FY20 Assessment ARR (A$m) FY21 Gross margin 18 Investment Highlights K Global market leader in digital assessments and testing Scalable SaaS business model with strong recurring revenue and margin profile Positive industry dynamics with significant addressable markets in digital assessments and e-learning Multiple levers for growth including new geographies, expansion of product offering, new clients and complementary M&A Experienced management team and strong culture. Share Price Performance Since Listing³ 6.5m+ FY21 digital assessments $1.60 Acquisition of Ascender Learning Business Assets +38% $1.20 FY21 revenue growth $0.80 US$268bn 2021 EdTech market value A$80 - 100m Revenue horizon 50% Female workforce 50.40 миллим $0.00 A$5m capital raise Acquisition of LTC A$7m capital raise Acquisition of Educational Assessments A$15m capital raise +276% +22% Acquisition of Quality Assessment Tasks Dec-17 May-18 Sep-18 Feb-19 Jul-19 -Janison share price (A$) Nov-19 Apr-20 Aug-20 Jan-21 Jun-21 Oct-21 -ASX200 (rebased to Janison) (A$) -23 1. 2. 3. Date of acquisition. As at 17 November 2021. From 21 December 2017 to 17 November 2021. 24

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