Credit Clear : CCR Q3 FY22 RESULTS PRESENTATION

ACCELERATINGGROWTH

ASX: CCR

Q3 FY22 Investor Presentation

Pathway to profitability

Disclaimer

This presentation has been prepared by, and is the sole responsibility Credit Clear Limited ACN 604 797 033 (Company). The information contained in this presentation was prepared as at 26 April 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.

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 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 proposed transaction (to the extent required).

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 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 decision. The information has been prepared without taking into account the investment objectives, 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 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.

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 basis 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 an 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.

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

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

2

Investment highlights: Q3 FY22

RECORD QUARTERLY REVENUE

• • 117% PCP and 88% QoQ to $6.1 million

• • Record monthly revenue in March of $2.9m

• • Revenue run rate climbs to >$35 million p.a.1

PATHWAY TO PROFITABILITY

• • The material increase in revenue growth, continued fiscal discipline and operational synergies from the ARMA acquisition mean that based on the current trajectory, the business will be cashflow positive from July 2022

INTERNATIONAL EXPANSION

• • Platform live in South Africa with Techub five months after signing the agreement, Techub plans to accelerate rollout to entire multi-billion-dollar debt portfolio

• • Similar opportunities being explored in multiple international markets

ARMA INTEGRATION

• • Exceeding expectations with 292k accounts loaded to the digital platform and significant uplift in all business performance metrics

• • Combined CCR Group presents a sustainable competitive advantage and significant new business opportunity with a unique end-to-end offering boasting award-winning technology and digital capabilities, supported by industry-leading traditional operations

1. Based on annualised March 2022 revenue, does not include expected revenue from new clients currently being onboarded or revenue from Techub deployment in South Africa

3

A hybrid collections offering

Scan here for a product demo

Modern ApproachAI Powered

Customer Experience

Significant Market

Fundamental transformation in the collections industry is accelerating the need for a hybrid collection service offering (digital supported by traditional), with an increasing focus on technology, digital solutions and customer experience

Credit Clear's modern approach to collections is about more than a digital message, it requires deep integration with our clients backed by artificial intelligence, machine learning and our messaging and collection experience

Treatment of customers is a key performance metric for Credit Clear. Our Net Promoter Scores are significantly higher than other financial service providers. Customers love the freedom, flexibility and options that Credit Clear provideIndustry tailwinds are significantly supporting Credit Clear to disrupt the market and gain market share, noting a total addressable market of $2.5bn1 in Australia and New Zealand

Empowering customers to take control of their own financial well-being

4

1. Sources (Contingent collections & BPO): IBISWorld Debt Collection 2018-19 market report, IBISWorld Industry Wizard time series data. Excludes revenue earned from Purchased Debt Ledgers

Global tailwinds transforming the receivables industry

Rapid adoption of technology

There is a marked increased in demand for a modern and digitally enabled solution. Credit Clear's first-mover advantage with digital collections (at scale) uniquely positions Credit Clear as a beneficiary of this trend

Growing consumer debt

Credit Clear's unique offering is positioned to capitalise on the significant increase in the amount of customer debt that companies are carrying on their books. As the global economy is emerging from COVID corporates are paying more attention to their account receivables

Less debt being sold

Recent reduction in amount of companies choosing not to sell customer debt to 3rd parties, presenting significant opportunity for CCR to capitalise on a larger addressable market

Heightened social responsibility

Organisations want to engage their customers in a socially responsible way and present them with choice and flexibility. Credit Clear is receiving heightened inbound demand for its digitally enabled and modern solutions to support the internal operations of organisations globally

5