Atturra : Acquisition of MOQ Limited - Presentation

ersonal use only

Acquisition of MOQ Limited

Creating one of Australia's largest IT Services businesses

30 June, 2022

This announcement has been authorised for release by the Board of Atturra Limited.

Important Notices and Disclaimer

USE OF THIS DOCUMENT

You must read the following notices before reading or making any use of this document or any information contained in this document. By continuing to read, use or otherwise act on this document, you agree to be bound by the following terms and conditions, including any modifications to them, and make or give the acknowledgements, representations or warranties (as applicable). This

presentation is provided for information purposes only. The information in this presentation is in a summary form, does not purport to be complete and is not intended to be relied upon as advice to

onlyFORWARD-LOOKING STATEMENTS This presentation may include forward-looking statements. Such statements can generally be identified by the use of words such as 'may', 'will', 'expect', 'intend', 'plan', 'estimate', 'anticipate', 'believe', 'continue', 'objectives', 'outlook', 'guidance', 'forecast' and similar expressions. Indications of plans, strategies, management objectives, sales and financial performance are also forward-looking statements. Such statements are not guarantees of future performance, and involve known and unknown risks, uncertainties, assumptions, contingencies and other factors, many of which are outside the control of Atturra. No representation is made or will be made that any forward-looking statements will be achieved or will prove to be correct. Actual

investors or other persons. The information contained in this presentation was prepared by Atturra Limited (Atturra) as of its date, and remains subject to change without notice. This presentation has been provided to you solely for the purpose of giving you background information about Atturra. This presentation should be read in conjunction with Atturra's other periodic and continuous disclosure announcements lodged with ASX.

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES This document is not to be distributed or released in the United States.

usePAST PERFORMANCE Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. NOT FINANCIAL PRODUCT ADVICE OR OFFER OF SECURITIES This presentation is not, and is not intended to constitute, financial advice, or an offer or an invitation, solicitation or recommendation to acquire or sell Atturra shares or any other financial products in any jurisdiction and is not a prospectus, product disclosure statement, disclosure document or other offering document under Australian law or any other law. This presentation also not form the basis of any contract or commitment to sell or apply for securities in Atturra or any of its subsidiaries. It is for

r sults, performance, operations or achievements may vary materially from any forward-looking statements. Circumstances may change and the contents of this presentation may become outdated as

a result. Readers are cautioned not to place undue reliance on forward-looking statements and Atturra assumes no obligation to update such statements. No representation or warranty, expressed or implied, is made as to the accuracy, reliability, adequacy or completeness of the information contained in this presentation.

ersonalinformation purposes only. Atturra does not warrant or represent that the information in this presentation is free from errors, omissions or misrepresentations or is suitable for your intended use. The information contained in this presentation has been prepared without taking account of any person's investment objectives, financial situation or particular needs and nothing contained in this presentation constitutes investment, legal, tax or other advice. The information provided in this presentation may not be suitable for your specific needs and should not be relied up on by you in substitution of you obtaining independent advice. Subject to any terms implied by law and which cannot be excluded, Atturra accepts no responsibility for any loss, damage, cost or expense (whether direct, or indirect, consequential, exceptional or special damages including but not limited to loss of revenue, profits, time, goodwill, data, anticipated savings, opportunity, business reputation, future reputation, production or profit, any delay costs, economic loss or damage) incurred by you as a result of any error, omission or misrepresentation in this presentation.

PRESENTATION OF INFORMATION All currency amounts in this presentation are in Australian dollars unless otherwise stated.

2

Acquisition at a Glance

ersonal use only

• MOQ Limited (ASX:MOQ) (MOQ) is an international award-winning provider of market leading services and solutions, including Consulting, Integration and Managed Services and Solutions
• Transaction will create one of Australia's largest sovereign IT services businesses
• • Provides significant opportunities to leverage each organisation's collective service expertise across their respective blue-chip customer bases
  • Accelerates growth opportunities across all states and territories
  • Increased breadth and depth of offering provides growth and development opportunities to current and future talent
• Atturra to acquire 100% of the fully diluted share capital of MOQ via Scheme of Arrangement
• • Cash consideration of $0.05 for every 1 MOQ share held
  • Represents a total offer value of $15.5m1
• MOQ Directors, and CEO Peter Ward, intend to vote all shares within their control in favour of the Scheme2 - representing approximately 34.1% of the fully diluted shares outstanding

1	Assumes 310, 326,182 fully diluted shares outstanding, multiplied by the offer price of $0.05 per share	3
2	In the absence of a superior proposal and subject to an Independent Expert concluding that the Scheme is in the best interests of MOQ Shareholders or no Independent Expert
report being concluded

ersonal use only

MOQ Limited - Business Overview

MOQ provides complementary services to Atturra and will strengthen and enhance the breadth of services provided to customers

• MOQ's services and solutions include consulting, integration, managed services and solutions around data, applications, and infrastructure that enables digital business
• MOQ has a strong offshore delivery centre to support their managed services operation
• Core to MOQ's strategy is to build annuity revenue streams through high value managed services and commercialised IP such as the Virtual DBA service and to capitalise on the rapidly growing digital economy
• Focused on growing digital services to capitalise on the digital transformation trends and achieve further organic growth and improved profitability
• Long term relationships with a blue-chip client base

4

Advantages

ersonal use only

• Retain capability in the Australian market for sovereign procurement; in recent years, many M&A transactions have resulted in Australian companies being acquired by foreign entities
• Creates a powerful Australian Microsoft practice with strong presence in both Public and Private sector
• Provides an excellent opportunity for Atturra to offer its entire client base comprehensive 24x7 Managed Services, and cost effective monitoring and support from offshore
• Significant joint capability around Cloud Services, which is an important future offering
• Great opportunity to expand each others services into the existing client base. There is limited overlap in clients
• Improved potential for clients and employees; clients get a broader offering and additional expertise; employees have an improved ability to grow within the company increases, can work on a broader range of projects and learn more from their peers

5