Change Financial : 2021 AGM Chairman's address & presentation

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Change Financial
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Limited
personalFor	General Meeting
25 November 2021

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Chairman's Address

Good afternoon my name is Ben Harrison and as Chairman, I am pleased to welcome you to the 2021 Annual General Meeting of Change Financial Limited.

The format for today's AGM will firstly cover the formal part of the meeting which is to consider and vote on the relevant resolutions set out in the notice of meeting. This will be followed by a short presentation from our CEO, Alastair Wilkie.

Before we move to the formal part of the meeting, I would like to acknowledge the hard work and effort of the Change Financial team over the last 12 months. As you can all appreciate FY21 was another busy and challenging year to advance our business against the backdrop of the continuing global pandemic.

FY21 was a pivotal year for Change as we completed transformative initiatives and laid strong foundations to capitalise on the shift in the global payments industry.

Following completion of the technology build of our issuer processing business in the US, we were able to accelerate our development road map through a highly strategic and complementary acquisition. Over the year we successfully integrated the acquisition with our existing technology and operations to create a leading and globally competitive payments solutions platform which includes Vertexon and PaySim, our testing platform.

In the process, Change has also significantly expanded its client base across the globe and with our technology platform supporting valuable clients including leading Australian bank, ME Bank and Philippines based bank, BDO Unibank.

Change has also considerably strengthened its team increasing employees and has an impressive geographical reach with staff in Australia, New Zealand, Dominican Republic, the US, and Greece to service its growing global client base. Importantly we are making positive steps in enhancing the diversity and culture of the organisation. The Board will continue to support and encourage greater diversity in the organisation as it continues to grow.

I would like to thank shareholders for their support over FY21. The board believes that the company is in a strong position to capitalise on the foundation that it has created over the last few years and capitalise through accelerated growth in the global payments industry with our leading payments and testing solutions.

For personal use only

AGM Presentation

25 November 2021

For personal use only

Change Financial Limited

ASX: CCA

Disclaimer

Important Notice

This presentation has been prepared by Change Financial Limited (Change Financial) in good faith. No express or implied warranty is given as to the accuracy or completeness of the information in this document or the accompanying presentation. All statutory representations and warranties are excluded, and any liability in negligence is excluded, in both cases to the fullest extent permitted by law. No responsibility is assumed for any reliance by any person on this document or the accompanying presentation.

Summary information

The information contained in this presentation is a summary overview of the current activities of Change Financial. This presentation does not purport to be all inclusive or to contain all the information that a prospective investor may require in evaluating a possible investment. This presentation is for general information purposes and is not intended to be and does not constitute an offer to sell or a solicitation of an offer to buy or sell securities, a prospectus, product disclosure statement, pathfinder document or other disclosure document for the purposes of the Corporations Act and has not been, and is not required to be, lodged with the Australian Securities & Investments Commission. This presentation should be read in conjunction with all other periodic and continuous disclosure announcements lodged by Change Financial with the Australian Securities Exchange, available at www.asx.com.au.

Not financial product advice

The material contained in this presentation is not, and should not be considered as, financial product or investment advice. This presentation is not an offer, invitation or recommendation to acquire New Shares, and does not take into account the investment objectives, financial situation or particular needs of any particular investor. You must make your own independent assessment and review of Change Financial, and the information contained, or referred to, in this presentation, including its financial condition, assets and liabilities, financial position, profits and losses, prospects and business affairs, including the merits and risks involved. Nothing in this presentation constitutes investment, legal, tax or other advice. You should seek legal, financial, tax and other advice appropriate for your jurisdiction.

Past and future performance

This presentation contains information as to past performance of Change Financial. Such information is given for illustrative purposes only, and is not - and should not be relied upon as - an indication of future performance of Change Financial. The historical information in this presentation is, or is based upon, information contained in previous announcements made by Change Financial to the market. These announcements are available at www.asx.com.au.

This presentation contains certain "forward looking statements". Forward looking words such as "expect", "should", "could", "may", "will", "believe", "forecast", "estimate" and other similar expressions are intended to identify forward-looking statements. Such statements are subject to various known and unknown risks, uncertainties and other factors that are in some cases beyond Change Financial's control. These risks, uncertainties and factors may cause actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements and from past results, performance or achievements. Change Financial cannot give any assurance or guarantee that the assumptions upon which management based its forward-looking statements will prove to be correct or exhaustive beyond the date of its making, or that Change Financial's business and operations will not be affected by other factors not currently foreseeable by management or beyond its control. Such forward- looking statements only speak as at the date of this announcement and Change Financial assumes no obligation to update such information.

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Global fintech with local expertise

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We have a diverse team of over

85 people with local knowledge to support our loyal and growing client base.

16m+ cards

Scalable payments platform

Los Angeles

146 Clients in

41 countries

Global footprint

8+ years average tenure

Highly engaged clients

Processing for the major schemes

Athens

Santo Domingo

Our offices / staff

Our clients

Brisbane Melbourne Auckland

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For personal use only

Payments solutions provider, driving innovation in the Banking as a Service ecosystem.

Simplifying payment experiences worldwide

Banking as a Service

Payments as a Service

Payment testing

Issuing physical,	BNPL, Digital wallets,	Transaction	Payment	Testing	All network
digital and	Apple Pay, Google	processing for major	simulation	automation	management and
virtual prepaid,	Pay and Samsung Pay	schemes Mastercard,			financial transactions
debit and credit		VISA, Union Pay, JCB
cards		and AMEX

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