Announcement PDF Investor Presentation Established Platform. Active Customers. Scaling Transaction Volume Software. Payments. Built-In Lending. The Market B2B payments are broken Embedded finance is accelerating Spenda sits at the intersection of Software + Payments + Lending. SMEs struggle with liquidity and working capital Franchise networks operate across disconnected systems Marketplaces rely on generic offshore payment rails Embedded credit adoption accelerating globally $10B+ B2B payments $12B+ B2C payments +35K Business Customers in Contracted Channels Core Products Established Platform. Active Customers. Scaling Transaction Volume. Spenda Retail Spenda Pay Spenda Ledger One Integrated Engine. Three Core Products Embedded Lending Layer Across the Stack AI-integrated workflow automation within payments infrastructure. Optimising SME Cash Flow Pay suppliers Earn rewards Access extended terms Example: Capricorn Network (30,000+ members) Market Revenue Drivers: • Transaction margin • Lending cross-sell • Network scalability Spenda Pay AI-enabled invoice capture and automated data extraction Automating Franchise & Trade Networks Live national rollout (Carpet Court) Recurring SaaS + transaction revenue High retention, long lifecycle Sticky infrastructure once embedded. Quote Job Invoice Payment Reconciliation Spenda Retail Embedded Payments Infrastructure Spenda Ledger Onboarding Compliance Payments & Payouts Processing hundreds of millions per quarter. Infrastructure layer. High scalability. Reconciliation Embedded Credit Lending Layer Margin Expansion Engine SME lending product finalised 10 customers in pilot Insurance-backed unsecured model Integrated within platform AI-supported credit assessment and risk modelling integration Rapid Approval Proven Success – Quarterly Results Not projections. Real transaction growth, compounding quarter by quarter. 50,000,000 100,000,000 150,000,000 200,000,000 250,000,000 0 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 0 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 $3,500,000 $4,000,000 $3,000,000 Q2 FY26 Recurring Income: Building a predictable, high-quality SaaS and transaction revenue base per month $800K+ Corporate Snapshot Road Map Entering a new phase of defined scale — driven by clear strategy and disciplined execution. Refinement Phase Complete. products reduced staff aligned roadmap 13 →3 90 →50 $2M+ annualised cost reduction Commercial From organic, product-led growth to structured, sales-driven scale. Commercial Engine Now Deployed. Scale is now intentional. Growth to date achieved without a formal sales department. A dedicated SaaS sales function has now been established to drive expansion. New marketing leadership activating demand generation and distribution channels. Deepening penetration within existing anchor networks while targeting new enterprise and marketplace opportunities. Growth to Date Sales Team Marketing Investment Leverage & Growth Spenda Retail Spenda Pay Spenda Ledger Expand beyond Carpet Court into similar franchise networks Scale Capricorn Activate broker & accountant distribution channels Target marketplaces 3-Pillar Scale Strategy Go-To-Market Activated. Leadership Structuring the company for its next phase. Industry leaders now steering execution and scale. Second largest shareholder. Proven company builder — scaled prior ventures to $60M+ revenue. Provides: • Governance stability • Strategic oversight • Capital markets alignment Leadership deeply invested in long-term success Karim Razak Chairman Irshad Mulla Director Brings: Strategic growth experience Commercial structuring expertise Scaling capability across technology businesses Proven Group CEO leading a diversified business portfolio exceeding $50M in annual revenue. Peter Richards Director Current Chairman of GrainCorp — seasoned ASX governance leader with enterprise-scale commercial experience. Provides: Deep industry credibility and direct access to significant distribution scale. Industry leaders running the ship. Corrie Hassan Chief Executive Officer Andy Britz Technology Leadership - CTO James Matthews Sales & Marketing - CMO 30+ years in finance and operational leadership, with a strong track record of driving disciplined execution and sustainable profitability Driving: • Operational discipline • Cost control • Path to profitability Mandate: Deliver disciplined scale and cash flow positive execution. Responsible for: AI-integrated workflow automation within payments infrastructure Revenue-aligned roadmap execution Lending integration Core architects behind the infrastructure. Experienced technology leader with over a decade of senior engineering and platform leadership, including CTO roles at global embedded payments and fintech platforms Responsible for: Core platform architecture Scalable payments infrastructure Enterprise-grade security and reliability Revenue-aligned product execution infrastructure. Experienced technology and product leader with a track record of delivering commercial software products and guiding engineering teams through scale and complexity David Wood Product Leadership - CPO Driving: Building and leading the new Sales function Marketing strategy and demand generation Go-to-market activation and channel expansion Commercial narrative and revenue acceleration Transitioning from product-led growth to commercial-led scale. Experienced technology founder and commercial operator, with a track record of scaling tech-enabled businesses across Australia and Asia-Pacific. Capital Capital to accelerate scalable growth and deliver scheduled profitability. Products live Anchor networks (Carpet Court, Capricorn) Hundreds of millions in transaction volume Recurring income base Lending margin activation Cost base aligned Industry-leading board Commercial engine now deployed Clear path to cash flow positive Why Invest Now Monetising Existing Contracted Distribution Significant revenue potential embedded within current partner ecosystems — above and beyond existing revenue base. Spenda Retail Spenda Pay Spenda Ledger Lending $39.6M annual revenue opportunity Within existing contracted SME payment networks. $1M implementation revenue $1.2M recurring annual revenue $500M addressable payment volume at rollout $10M annual revenue (cash receipt) opportunity Embedded marketplace & platform infrastructure. $100M SME lending opportunity Activated through existing payment distribution. Estimates based on penetration assumptions within existing contracted partner networks. Use of Funds Accelerate commercialisation Expand sales capability Support working capital Targeted debt reduction Capital deployed directly into growth and stability. Targeting cash flow positive Investor Highlight Q2 FY26 | Jan 2026 A$11.5M Record FY25 cash receipts +114% YoY A$227M Record FY26 payment volumes Dec 2025 quarter +34% Cash receipts growth QoQ (Q2 FY26) to A$2.8M -21% Cash burn reduction in Q2 FY26 $320k/mo overhead cut APG Pay - Exclusive Deal Access to over $100m from APG a wholly owned subsidiary of Singapore based APG Tech Pte Ltd (Singapore) to develop and commercialise a closed-loop corporate credit and payments platform. Carpet Court - National Rollout Exclusive 5-year deal. Spenda Retail expanding nationally across the Carpet Court store network, Up to A$900K/yr in baseline fees at full deployment. A$36.1B Local Market Australian B2B payments market valued at A$36.1B in 2024, growing at 7.6% CAGR. 1.2 billion B2B invoices issued annually in Australia. Capricorn Society - 10-Year Agreement Software & eCommerce payments deal. A$7.2M cornerstone investment from Capricorn. A$3M loan facility secured. SwiftStatement rolling out to members. New CEO & AFSL License Corrie Hassan formally appointed CEO (Dec 2025). Australian Financial Services License granted - enabling services to wholeasale and retail clients. Limepay Acquisition Acquired Limepay in FY25. Limepay processes A$167M/yr in payments. Lessn deal lifted volumes 40% from day one. Now core to Spenda Ledger. Source: ASX quarterly activities reports (Jan 2026), half-year results (Feb 2026) | investors.spenda.co Thank You! +61 2 9225 4433 Lodge Partners Level 14, 109 Pitt Street, Sydney, NSW 2000, Australia 1300 871 766 Lynx Advisors Level 11/66 Clarence St, Sydney NSW 2000 Australia Authorised by the CEO