THE WORLD’S FIRST PERSONALIZED TV.

Linius Investor Roadshow February 2020 ASX:LNU 1 Disclaimer

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2 Having invested in and established Vision & Mission the assets required to meet our vision, we can now roll out across the VISION: To make all the world’s video accessible as data video value chain.

MISSION: To become the defacto standard for the management and broadcast of video

COMMERCIALIZATION: Linius patented Video Virtualization EngineTM (VVE) to deliver to mass markets in 3 ways:

- Self service to global markets through a SaaS model - Mass distribution through partners and re-sellers - Industry specific divisions and solution sets built around VVE

3 We are tech ready, patent ready, commercially ready and our partners are engaged. Status: ✓ We’ve targeted and won in Sports: - Soccer / Football – SportsHero & Essendon Football Club - Racing – Racing.com - Basketball – National Basketball League (NBL)

✓ We’ve targeted and won in News: - News aggregator - Newstag

✓ We’re now focused on 3 priorities: - Win more and win BIG validating clients - Deploying our most recent wins - Exercising our model of replication

✓ In parallel we have partners engaged and ready: - MSFT, IBM, AWS, Stats Perform, Akamai, Brightcove, Oxagile

4 Personalised Channels Demonstration

5 Linius has published market research on the appeal & propensity to purchase personalized channels

96% of respondents said they would be likely to use a personalized channel if it were offered as an additional service by their TV provider.

77% of respondents said they would be more likely to renew their subscription if they were offered personalized channels.

£14.30 (A$27) per month is the average price respondents said they would pay for their own personalized channel, on top of existing subscription fee.

9.2 hours per week is the average time respondents said they spent watching football and football related news.

Quantum Market Research - The Future of TV Market Demand, November 2019. Full research report can be accessed at https://try.Linius.com/personalizedchannels 6 SaaS – revenue model (utilizing our publicly available rate card)

A simple example of a broadcaster with 2.5 million subscribers:

Subscribers 2.5 million Subscription (new) $5 per month Client average revenue (new) $12.5M per month It is purposely simple. We virtualize Linius revenue of $3.15M per month based on: the video, enrich it - 50 new games per month, at 90 minutes per game with metadata, and - Each subscriber watching 18 hours per month play out personalized videos. Linius Revenue Virtualization $0.0092 per min $41.40 Enrichment $0.300 per min $1,350 Personalization $0.0022 per min $3.15M per month

Based upon each subscriber watching 18 hours per month. The Quantum Market Research indicated 40 hours is actually spent per month (9.2 hours per week). 7 Recent successes – we are on strategy to enter mega markets Recent Successes Addressable Market

• Linius tech in the SportsHero app and through ‘white • Global value of sports media rights was US$49.5b in label’ solutions, including the mobile app, ‘Kita Garuda’, 2018, of which football accounted for 40% developed for the Football Association of Indonesia (PSSI). ($19.8B).1 Sky Sport alone has 22.9 million subscribers Kita Garuda mobile app being aggressively promoted to globally. 2 PSSI’s 80M fans across Indonesia.

• Successful launch of Replay Hub Stage 1. Search and • assemble video on any horse, any jockey, any track – on The top 10 gambling companies in the world make up the fly. Second stage in development with personalized 80% of global betting. Bet 365 alone has 45 million channels to feature race replays, Racing.com TV channel customers.3 and racing news.

• Linius has entered into a Licensed Agreement with the • Basketball has over 1 billion followers. Its a major sport National Basketball League (NBL) for Video in USA with NBA generating over $4.75 billion a year in Personalization. NBL will be able to provide every viewer revenue.4 The NBA is broadcasted to 86M subscribers with a hyper-personalized video experience. via ESPN in the USA.5

• Essendon Football Club (EFC) is the first AFL Club to sign • The Australian Football League (AFL) has 1.1 million up to the Linius Sports Club Solution. It focuses on Club Members,6 with fans watching 3.5 hours each delivering operational and commercial benefits for a week, (with some regular season games reaching over 100,000 users). 7 sporting organisation’s proprietary media content.

1. Sports Business Consulting, Global Media Report 2018 / 2. thisismoney.co.uk/money/ 3. bet365.com.au / 4. totalsportek.com/most-popular-sports/ 5. thewaltdisneycompany.com/ 6. afl.com.au / 7. media.kayosports.com/aussies-cant-get-enough-sport Personalization beyond sports – other core verticals

Vision Strategy Status Green light for global roll out Increased Outsource to Commercial POC completed, Co-sell agreement w/ MSFT signed, On boarding MSFT Corporate communication Microsoft with initial briefings completed. and compliance Metadata generated by Microsoft’s Video Indexer. Technology market ready and deployed.

Personalization Partner with Green light for global roll out News delivers the news Commercial POC’s completed , First aggregator partnership – Newstag. answer to driving aggregators and Metadata available through AI, predominantly MS Video Indexer. news subscription news clients Technology market ready and deployed.

Green light for global roll out Security Instant Engage advisors actionable Commercial Deep engagement with UK agencies. Early engagement with US agencies. & Defense to facilitate intelligence introductions Metadata Available through AI. Technology available and deployable off the shelf.

Green light for global roll out Enhanced Outsource via Commercial Currently integrating with Kaltura (6.7% OVP market share), promoting on Education learning and product Kaltura marketplace; signed agreement with Media Amp, market leader in the US. research integrations Metadata Available through AI. Technology available and deployable off the shelf. 9 Video on the Blockchain

Only Linius can put the video assets on the We’ve partnered with IBM Aspera and blockchain, unlocking the power of the other major industry players to accelerate blockchain to provide guaranteed, public, the deployment of the Media & auditable rights without requiring third-party Entertainment digital asset workflows on intervention. the cloud, via an underlying digital asset trusted network (DATN). Blockchain is great for solving a number of problems We showcased this with IBM at IBC - International Broadcasting Convention - in September 2019. proof of ownership / rights audit history double spend time and speed

We’ve proven it with a public demonstration. We’ve secured the necessary intellectual property. We’ve architected the solution. Making the world’s video – accessible as data

What is virtualization of video? Indexing the original video data, creating a virtual video which contains no video data, but instead points to it in the origin file.

Virtualization is a two-part process: 1. We virtualize an original video (usually in the client’s existing environment). This is the process of reading the headers of the video file and creating a database containing an index of all the important frames in the video, that serves as a basis for reconstructi ng video from the original encoding. 2. We then create virtual videos, which are a fraction of the size of traditional video files (well less than 1%), as they conta in no video data. These point back to the data within the original file. While all the data still needs to be streamed or downloaded, our ability to reassemble the data, on the fly, at the device, means that each virtual video can be unique — a new video for every play.

Traditional Video Virtualized Video Virtualized Video Personalized Data Virtualized Video File Accessible as Data Enhancements Added plus enhancements =

Intelligent Video 11 Corporate Overview

Vision Volume/Value Share Price Performance Share Price (31 January 2020) A$0.029 14 $0.055

12 $0.050 Market Cap A$34.18m 10 $0.045

Total Shares on issue / listed on ASX 1,179m 8 $0.040

Total options on issue 20m 6 $0.035 Share price (adj close) (adj price Share

Volume Traded (million) Traded Volume 4 $0.030 Fully diluted shares on issue 1,199m 2 $0.025

Cash on hand as at 31 Dec 2019 $3.182m - $0.020

Estimated cash spend Mar 2020 Quarter $1.88 Volume Adj Close Net Assets at 30 June 2019 $5.5m

Register Major Shareholders % Earthrise Pty Ltd / Archaea Pty Ltd 9.4 Board Shareholding (%) 7.8

Technical Investing 5.5 Board & Management Shareholding (%) 7.8

Steve McGovern 3.9 International Shareholding (%) 3.7

Gerard Bongiorno 3.9 Total Shareholders 2,538 12 The Board

Chris Richardson Gerard Bongiorno Stephen McGovern Executive Director and CEO Executive Chairman Non-Executive Director Chris is an accomplished internet Gerard is Principal and Co-CEO of Stephen has more than 20 years video executive with more than 20 Sapient Capital Partners, a merchant of experience as an executive in years of experience leading tech banking operation and has over 30 telecommunications, media companies in the US, Europe and years of professional experience in sales and pay TV. Stephen is Asia. Since 2010 Chris has held GM capital raisings and corporate Managing Director of cloud call level roles in public and private advisory. Prior to forming Sapient recording company, Dubber video technology companies (formerly Otway Capital), Gerard was Corporation Ltd [ASX: DUB]. globally, after spending 10 years in Head of Property Funds Management Silicon Valley leading product at Challenger Financial Services Group management for VC funded start- (CFG) and was Group Special Projects ups. Manager at Village Roadshow.

13 For further information: [email protected]

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