Credit Clear : CCR - INVESTOR PRESENTATION AND BUSINESS UPDATE

ersonal use only

GROWTH CAPITAL

Pathway to profitability

ASX: CCR

Institutional Placement Investor Presentation

Disclaimer

This presentation has been prepared by, and is the sole responsibility of Credit Clear Limited

ACN 604 797 033 (Company). The information contained in this presentation was prepared as at 30 May 2022, and remains subject to change without notice. The information in this

presentation is of a general nature provided solely for the purpose of giving you background information about the Company. Financial information presented here is unaudited.

onlyThe provision of this presentation is not a representation to you or any other person that an offer of securities will be made. Any prospective transaction would be undertaken solely on the basis of disclosure documentation prepared in accordance with applicable laws (to the extent required). The information in this presentation may differ materially in both content and presentation from that presented in any disclosure document prepared in connection with any pr posed transaction (to the extent required).

This presentation does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial

product advice and is not intended to be used as the basis for making an investment used cision. The information has been prepared without taking into account the investment obj ctives, financial situation or particular need of any particular person. Before making an

investment decision, you should consider, with or without the assistance of a financial adviser, whether an investment is appropriate in light of your particular investment needs, objectives and

financial circumstances.

This presentation is intended for those persons to whom it is delivered personally by or on behalf of the Company. By attending this presentation, you represent and warrant that (i) if you

are in Australia, you are a person to whom an offer of securities may be made without a disclosure document (as defined in the Corporations Act 2001 (Cth) (Corporations Act)) on the ersonalbasis that you are exempt from the disclosure requirements of Part 6D.2 in accordance with s 708(8) or 708(11) of the Corporations Act; if you are outside Australia, you are a person to whom n offer and issue of securities can be made outside Australia without registration, lodgement or

approval of a formal disclose document or other filing in accordance with the laws of that foreign jurisdiction.

No representation or warranty, express or implied, is made by any person as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of the Company, its directors,

employees or agents, nor any other person accepts any liability, including, without limitation, any liability for any loss, claim, damages, costs or expenses of whatever nature (whether or not

foreseeable), including, without limitation, any liability arising from fault or negligence on the

part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it or any errors or omission in it.

The Company has not independently verified any of the contents of this presentation (including, without limitation, any of the information attributed to third parties). No person is under any obligation to update this presentation at any time after its release to you. This presentation is

strictly confidential and is intended for the exclusive benefit of the person to which it is presented. It may not be reproduced, disseminated, quoted or referred to, in whole or in part, without the express consent of the Company.

This presentation contains certain forward-looking statements with respect to the financial condition, operations and business of the Company and certain plans and objectives of the

Company. Forward-looking statements can be identified by the use of forward-looking terminology, including, without limitation, the terms "believes", "estimates", "anticipates",

"expects, "predicts", "intends", "plans", "targets", "aims", "outlook", "guidance", "forecasts", "may", "will", "would", "could" or "should" or, in each case, their negative or other variations or comparable terminology. Such forward-looking statements are subject to internal and external

risks and uncertainties that may have a material effect on the Company. As such, undue reliance should not be placed on any forward looking statement. Past performance is no guarantee of

future performance. Nothing contained in this presentation should be relied on as a promise, representation, warranty or guarantee whether as to the past, present or future.

All references to dollars, cents or $ are a reference to Australian currency, unless otherwise stated.

Hugh W. Robertson is a senior advisor for Bell Potter Securities ("Bell Potter") (Bell Potter are Lead Managers for this Institutional Placement) and also a director of the Company and holds approximately 1.7% of the shares in the Company prior to completion of the Transaction. As a representative of Bell Potter, Hugh W. Robertson may receive fees associated with the capital raising.

2

Credit Clear Update

only

Current revenue run rate of over >$35

million per annum

• Based on annualised revenue of $2.9 million from March 2022
• Does not included ~$5 million in expected revenue over the next 12 months from new clients signed in March, April and May currently being onboarded
• Does not include any expected revenue from Techub partnership in South Africa which is now live

ersonal use

Pathway to	• On track to be profitable from July 2022
profitability	• Focus on fiscal discipline and expenditure into areas that maximise growth
	• First international platform deployed in South Africa with Techub
International	• Five month time to deploy can be reduced for future international expansion
expansion	• Cost efficient and highly automated nature of the platform demonstrates CCR's ability to scale quickly
	• In discussions with potential partners in multiple international markets on similar "partnering and teaming" basis

ARMA	• Exceeding expectations, ARMA clients fully integrated into the Credit Clear platform
• Significant margin uplift opportunity from digital conversion
acquisition
• Cross and upsell opportunities abundant
	• Hybrid end-to-end offering with award-winning digital and AI capabilities
Drivers of success	• Proven performance advantage across all stages of collections lifecycle
• Economic tailwinds (cost of living, interest rates and low wage growth) results in more accounts being referred

1. Annualised revenue run rate of $35m based on actual daily revenue (unaudited ) achieved in March, April and May 2022. Does not include any revenue from Techub or $5m expected revenue from new clients already signed 3 (contracted) and currently being onboarded

Credit Clear: Institutional Placement

only		• Significant growth in new client wins has created a need to invest in CCR's ability to rapidly and efficiently
		onboard these clients
RATIONALE	•	A technology driven solution that creates streamlined deployment of our award-winning digital
				platform for our clients that will allow for rapid onboarding and customisation to meet client needs
			•	The board of CCR has decided that the company's growing and profitable momentum would benefit
				significantly from an accelerated investment to secure and expand our competitive advantage
use		• Technology development that addresses onboarding capability and further amplification of the digital
	•	platform to assist with efficient, effective and rapid scalability domestically and internationally
		USE OF FUNDS	Enhancing automation throughout the CCR digital led hybrid offering
			• Creating efficiencies in customisation requirements for new clients
			• Accelerate international partnership opportunities
ersonal	DETAILS	• Institutional placement to raise $7.5 million at $0.43 a share under existing ASX LR 7.1 capacity
		• Placement offered a 6.5% discount to previous close 31 May 2022

4

Growing Momentum in CY2022

only

• $6.1 million in Q3 revenue to the end of March 2022, with a record monthly revenue in March of $2.9m

REVENUE GROWTH • Strong revenue momentum has continued into April and May 2022 with Q4FY22 on track to exceed $8m with continued revenue growth expected as significant new clients are onboarded

• Rapid conversion of clients onto the digital platform continues (+80% gross profit margin)

ersonal use

NEW CLIENT

MOMENTUM

INTERNATIONAL EXPANSION

EXISTING CLIENTS

• +83 new client wins from February to May, including several new top 5 clients by industry sector
• >200k new customer accounts added to the platform
• Effect of new client wins in March, April and May not yet reflected in revenue (i.e. ~60-day onboarding)
• Platform deployed in South Africa with Techub: messages sent, payments processed, and payment plan arrangements put in place
• Optimisation, workflow strategy and country customisation work is currently underway. Credit Clear and Techub have begun with SMS campaigns and will soon add email messages and WhatsApp to the workflow
• New jurisdictional opportunities are being explored within the greater iSON Xperiences Group
• Several opportunities with partners and/or existing clients being explored in relation to UK, US and Singapore markets
• Observable and material increase to existing client volumes being referred
• In April, a 37% uplift in performance (collections) for one of our largest clients
• Continued uplift across existing client base is resulting in the business being awarded additional work

1. Annualised revenue run rate of $35m based on actual daily revenue (unaudited ) achieved in March, April and May 2022. Does not include any revenue from Techub or $5m expected revenue from new clients already signed (contracted) and currently being onboarded

5