ASX RELEASE 26 November 2019

AGM Chairman’s Address and Presentation Sydney, ; 26 November 2019: Attached is the Chairman’s address together with the presentation to the Annual General Meeting of Cashwerkz Limited (ASX: CWZ), to be held at 11:30am today.

The AGM will be recorded and audio will be available via our website today. To access the meeting, participants can register via the following link: https://zoom.us/meeting/register/7d91299a127edd4234538d7d4481ef37

Further Details:

John Nantes Executive Chair [email protected] Cashwerkz Limited The Cashwerkz Limited group of companies delivers an innovative online cash management marketplace in term deposit and At Call, whilst providing funding to over 49 Authorised Deposit taking Institutions and servicing financial advisers, direct investors, wholesale and institutions. Listed on the Australian Securities Exchange (ASX: CWZ) the group is headquartered in Australia. Cashwerkz Technologies Cashwerkz Technologies Pty Ltd (Cashwerkz Technologies) leverages the latest technology to deliver an innovative and streamlined approach to investing in At Call accounts, term deposits and bonds, meeting the growing demand for a trusted, reliable and secure online platform direct investors and financial professionals can manage their defensive assets and transact cash investments seamlessly. Cashwerkz Technologies is a subsidiary of its parent company, Cashwerkz Limited alongside fixed interest solution experts, RIM Securities. RIM Securities RIM Securities established over 15 years ago, is the independent fixed income specialist arm of Cashwerkz Limited. RIM securities have extensive experience in searching for the value to deliver stable income solutions to all types of investors who require custom solutions or access to wholesale markets across cash, term deposits and fixed bonds and floating rate notes. Trustees Australia Limited Trustees Australia Limited delivers trusted, responsible entity services to fund managers and investors requiring bespoke solutions. www.cashwerkz.com.au | @cashwerkz

Chairman’s Address Cashwerkz Limited Annual General Meeting 26 November 2019

Good Morning, On behalf of the Cashwerkz Board, it is with great pleasure that I welcome you to the 2019 Annual General Meeting. This year we have been pleased with achieving significant growth of funds on the platform, innovating and evolving Cashwerkz from a portal to a marketplace, expanded partnerships with wealth platforms and execution of key contracts with a number of institutional investors. It is important to note that even with the successes of the above milestones in a 12-month period, and though it is typical that these revenues will take some time to build, we expect these will play an important role in establishing and enabling the Company to grow its footprint within the market. The Cashwerkz platform is unique and by far one of the most innovative exciting technologies of its kind. The magnitude of possibilities for creating better investor opportunities is exceptional when you consider that Cashwerkz is potentially applicable to the entire banking and finance sector including the major . The Cashwerkz Group has committed to a define strategic direction for 2020, which includes increasing the number of strategic partnerships and diversifying the product offering to include US dollar cash management products to corporates and institutional investors. With continued technological innovation of the platform, we will roll out a customised middle market solution and are working with other wealth platforms to innovate cash management solutions for their advisers. It is important to note that the Cashwerkz marketplace is a genuine global product, which provides investors with access to 49 ADIs and we have international aspirations. The Cashwerkz team works assiduously to commercialise the platform across all sectors within the finance industry. Indeed, the next 12 months should prove to be very exciting for shareholders. The success of Cashwerkz relies on a small and talented team of 30 people who work diligently and expertly across our diverse business. I commend Hector Ortiz for his determination and leadership and the whole Cashwerkz team for their tenacity and commitment, in bringing an idea from think-tank to market, achieving multiple approvals and agreements whilst continuing to develop our product range via the marketplace.

We are also proud of our performance driven culture. Working with a sense of urgency, innovative thinking and collaboration are central to our shared values. Our people have a strong sense of how their work benefits everyday investors and Cashwerkz is focused on responsible practices regarding regulation, sustainability and governance.

Page | 2 In addition to thanking our employees, I would like to thank my board colleagues for their insights and commercial acumen throughout the year. Michael Hackett, Brook Adcock and Nathan Leman who have been part of the journey since merging Trustees Australia and Cashwerkz in 2017, and Craig Swanger, although newly recruited brings a wealth of knowledge and experience in fintechs, which will drive strategy and growth. And last to our shareholders, I thank you for your continuing support. Today, Cashwerkz is very well positioned with innovative technology, financial resources and human capabilities to enable the Company to generate significant value for shareholders, while delivering better opportunities to investors. With the recommended changes resulting from the Royal Commission, the changing business models of IFAs, and the broader acceptance of fintechs in Australia by all investor types, Cashwerkz is well placed to execute its strategy and very much looks forward to 2020. Thank you. John Nantes, Executive Chairman

Page | 3 2019 Annual General Meeting 1 1 DISCLAIMER

Disclaimer: Commercial in Confidence. Not to be shared or reproduced without the authority of Cashwerkz Limited (ACN: 010 653 862). Cashwerkz Group I Cashwerkz Limited ABN 42 010 653 862 AFSL 260033 | Cashwerkz Technologies Pty Ltd ABN 70 164 806 357 AFSL 459645 | RIM Securities Ltd ABN 86 111 273 048 AFSL 283119 | Trustees Australia Limited ABN 63 010 579 058 AFSL 260038. This Presentation contains general information only and is, or is based upon, information that has been released to ASX. This document is not an invitation, offer or recommendation (expressed or implied) to apply for or purchase or to take any other action in respect of securities and is not a prospectus, product disclosure statement or disclosure document for the purposes of the Corporations Act 2001 (Cth) and has not been lodged with ASIC. Investment Risk An investment in Cashwerkz Limited (‘CWZ’ or ‘Group’), is subject to known and unknown risks both specific to CWZ and of a general nature, some of which are beyond the control of the Group. Such risks either may individually or in combination adversely affect the future operating and financial performance of CWZ, its investment return and value of its securities. There can be no guarantee, and the directors and management give no assurances, (notwithstanding that they will use their conscientious best endeavours), that CWZ will achieve its stated objectives or that any forward-looking statement or forecast will eventuate. Forward-Looking Statements This Presentation contains certain statements that may constitute forward-looking statements or information (“forward-looking statements”), including statements regarding the use of proceeds of any funds available to the Group. These forward-looking statements are based on certain key expectations and assumptions, including assumptions regarding the general economic conditions in Australia and globally, industry conditions in Australia and the intended operations of the Group. These factors and assumptions are based upon currently available information and the forward-looking statements contained herein speak only as of the date hereof. Although the expectations and assumptions reflected in the forward-looking statements are reasonable in the view of the Group’s directors and management, reliance should not be placed on such statements, as there is no assurance that they will prove correct. This is due to forward-looking statements being subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks include, but are not limited to: uncertainties and other factors that are beyond the control of the Group; global economic conditions; risks associated with the financial markets; interests rates; bond prices; operational and seasonal risks associated with customer’s cashflow requirements; delays or changes in plans; specific risks associated with the ability to meet software development commitments and capital expenditures; and risks associated with securities market volatility. The Group assumes no obligation to update any forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements, except as required by Australian securities laws and ASX Listing Rules.

© 2019 Cashwerkz Limited 2 Cashwerkz Board

John Nantes Brook Adcock Craig Swanger Nathan Leman Executive Chairman Michael Hackett Director Non-Executive Director Director Director

Nathan was appointed as a director John holds three bachelor degrees Brook has already had several Craig is one of the most highly Michael was the founding on 24 November 2010. in Law, Commerce and Arts, as successful careers and brings regarded fintech investment and shareholder and Managing with him a vast array of strategy experts in Australia. well as a Diploma of Financial He is a qualified project manager with Director of Trustees Australia knowledge and experience. Planning, and has over 20 years’ when the company was He is an adviser to or investor in a approximately 20 years hands-on experience in the financial services incorporated in 1986. He has been He attended the RAAF Academy portfolio of 12 high growth experience in managing development, industry. an initiator and principal in at Point Cook from 1984-85 and companies, ranging from very early construction and technology acquisition and implementation He managed Australia’s largest numerous complex corporate graduated from The Australian stage companies such as Care360 to projects. SMSF business at Crowe Horwath acquisitions, restructures and new Defence Force Academy in 1986, rapidly scaling fintechs such as the exchange listings as well as multi- was a RAAF Pilot until 1996, and ASX listed Wisr (ASX: WZR) and with 10,000+ accounts and has Nathan is responsible for the design million dollar real estate ventures a Pilot until 2008. He newly licensed , Bank. directed businesses with assets of and implementation of property and with international partners. founded Pandora Jewellery over $10 billion. Currently, he is IT projects for the Cashwerkz Group, Australia in 2004, Adcock Private Craig has worked in investment also the Executive Chairman of ASX including those relating to financial He holds a Commerce Degree with Equity in 2009, Cashwerkz in markets for more than 25 years and listed Wisr (WZR), and the Chief services technology platforms. considerable experience in 2013, and since then has Co- is perfectly positioned to help guide Executive Officer of Adcock Private managing and operating a diverse Cashwerkz through the next growth Founded Lawpath, SPOT, As a director of Trustees Australia, Equity. range of businesses and phase nationally and internationally. Visionflex and ID61. Nathan has been appointed to the investment types. Experience such as his role as Global He is also a Responsible Manager boards of all of its subsidiary entities. within the Group. Brook has a Bachelor of Science Head of 's Global His first job and most valuable Degree from UNSW (Math’s and Investments unit has given him a learning experience was as a Physics), and has been a wealth of knowledge building trading-floor operator on the Member of the Australian businesses in 14 countries across Sydney Stock Exchange in the Institute of Company Directors funds management, wealth, Poseidon boom and aftermath. since 2008. insurance and banking.

3 Leadership Team

Hector Ortiz Peter Whitfield Katherine Sadler Glen Kotopoulos Jorge Marrero Head of Sales & Chief Technology Officer Head of Marketing & Chief Operating Officer & Head of Product Global Distribution / Acting CEO Investor Relations Head of ADI Relationships

Hector is responsible for the overall Peter is responsible for driving the Katherine is responsible for driving Glen manages the relationships Jorge is responsible for the performance of the business and technology strategy, architecture & Cashwerkz brand awareness and with our partners/vendors. This definition, design, delivering value to shareholders. innovation to optimise platform reputation in the market. includes discussing the enhancement and growth of performance and user experience. opportunities of using the platform all products and solutions, He is responsible for managing During her tenure she has with ADIs and International banks. across various market business and regulatory risk by His priorities are the repositioned the brand segments. upholding the highest level of implementation of world class with distinct fintech pillars of He is also responsible for the governance to protect our software development practices technology excellence, innovation Group operations The product team is customers interests. and oversight of consistent and customer centricity. including settlements processing responsible for the product enhancements for our partners and and services across 49 ADIs. roadmap and strategic intent, Hector develops and executes the customers. Katherine also manages the Investor and the prioritisation process sales strategy and leads an Relations program, driving strategic As the COO he oversees the review to ensure the Group is acting in experienced sales team who drive Peter ensures the implementation partnerships to position our and implementation of enhanced the best interest of our growth by servicing all segments of of security guidelines, regulation business as a leading fintech and compliance and regulatory customers. the market; retail, middle market, requirements and consistently trusted marketplace for cash procedures towards streamlining wholesale, advisers and institutional. reviews platform integrity to investments. and improving back Jorge builds and maintains a maintain the industry leading office processes including NPP and complete understanding of As the Cashwerkz platform is a standards. Katherine also oversees Open Banking. expectations, translating global product, Hector is also corporate responsibility and segment needs into testable responsible for global distribution, engagement of charity hypothesis and executable, integrating the powerful identity organisations. innovative product initiatives. management software and products with our international partners.

4 Year on Year Growth

2018 2019 ADI Growth 12 49 NEO banks 0 3 known and growing Datafeed Platforms 1 3 known and growing (Praemium, Agility and xPlan) Press Releases 3 23 press releases in the last 11 months Technology positioning Portal Marketplace Brand Unknown Regtech and Fintech Transacted $324m $1.02B Bonds Limited offering New dynamic offering At Call No offering Launched on the technology platform

5 6 Cashwerkz Opportunity

7 Cashwerkz has transformed the $2.1T cash and deposit marketplace

• We are a Regtech and Fintech creating the first to solve for the second.

• We own our KYC/AML, the banks trust our process of identification and we onboard the customer to them at no cost to them.

• We add value to every player in the market, from the $850b platform providers to the 20,000 strong financial advisers or direct investors themselves. There are no limits.

• We have created new distribution partners helping them solve for their client’s best interest requirements.

• We have enabled choice, transparency, efficiency and better/safer outcomes for our customers.

• We are ready for NPP, Open Banking, and further developments.

• We have solved the problem that started when banking did, we have mobilised cash and deposit investing.

8 2019 Summary

9 Inaugural milestones

• Total revenue increased by 38% to $ 1,152m versus FY18 revenue of $836k

• TAU strategic review completed pathway forward is exciting for shareholders

• 49 ADI’s and growing creating the leading marketplace for cash and TDs in Australia

• Successful capital raise of net $9.3m

• Very strong pipeline built for conversion going into the year with agreements coming across, brokers, direct, custodian, platforms, advisers

• Strategic wins e.g: Praemium, Agility, we are expecting to see strong inflows into the 2020 year

• Data Feeds e.g: Praemium, Agility & iRESS

• Cashflow expenses were kept in line with budget and expectations ensuring we can scale without significant cost additions.

• Total Inflow of funds to the platform since activation date (August 2017) $3.6b.( As at 25 November 2019 )

• Total Inflow of funds to the platform for FY19 of $2.341b. Consisting of: Q1: $535m; Q2: $579m; Q3: $681m and Q4: $546m.

• Net Inflow (Inflows less redemptions) for FY19 of $704m. Consisting of Q1: $445m, Q2: $230m, Q3: $135m, Q4: -$106m.

• Active funds scheduled for future maturity as at 30 June 2019 of $1.028b, compared to $324m as at 30 June 2018, a 317% increase for the period.

• Cash on hand at the end of FY19 was $5.15m, versus $402k in the previous year. There were no borrowings at the end of FY19, versus FY18 borrowings of $4m.

• Innovation of a revolutionary easy-to-use online ordering system for brokers to review and place investments At Call – classified as a ‘game changer’ for brokers. Brokers can now access 4 ADIs with market competitive rates for At Call cash solutions.

10 Figures as at 30 September 2019

11 49 Partners

Major Domestic Banks Regional Banks Additional Banks AMP Bank Ltd Bank People’s Choice Credit Union ANZ Australian Military Bank Ltd Australian Unity Bank Macquarie Bank Limited Auswide Bank Ltd NAB Bank of us Beyond Bank Australia Bank VIC International Banks Bank of Sydney Community First Credit Union Limited Arab Bank Australia Limited Specialist G&C Mutual Bank Limited Industrial and Commercial Bendigo and Adelaide Bank Limited CUA Limited BNK Bank Credit Union SA ING Bank (Australia) Limited Gateway Bank Defence Bank (trading as ING) – WS Goulburn Murray Credit Union Mega ICBC The Mutual P&N Bank ME Bank Police Bank Ltd United Overseas Bank RACQ Bank Police Credit Union Limited Rural Bank QBANK NEO Banks My State Queensland Country Credit 86400 Union The Capricornian Warwick Credit Union

12 FY19 Highlights

13 Key Highlights

STRONG TRANSFORMING SUPERIOR FUTURE RESULTS THE WAYWE TECHNOLOGY & GROWTH INVEST IN CASH INNOVATION POTENTIAL

• Total revenue increased by 38% to $ • Exciting new product opportunity for direct • In demand by banks,advisers and dealer • Strong pipeline 1,152m versus FY18 revenue of $836k retail investors andSMSFs groups • Newpartnerships, Praemium, Agility & • Exceeds anti-money laundering and know- IRESS • Increasein ADIpartners to 49partners* • Responding to demandfrom advisers, fund your-customer complianceobligations managersandcustodians for the new platforms • Newproducts including Bonds • Steady customer loyalty, with 77% of • State-of-the art REST API’sand integration customers reinvesting on the platform • Increasing thechoice,streamlining and offering with thirdparties • Globalaspirations transparency • Newmarkets • Key staff appointments -Marketing, Sales • 24/7availability & Technology investment • TAU strategic review completed • Opportunity to collaboratewith partners to extend ouroffering • Open banking launched 1July, 2019 • In demand by Banks,Advisers and Dealer Groups

• Growing our tech roadmap

14 15 16 17 18 Growth Outlook FY20 and Beyond

19 20 21 US Dollar Opportunities

22 Cashwerkz will offer US Dollars to Australian institutional investors

• Finalising a solution to facilitate access to over 300 banks • Expand US Gov’t Guarantee to $30m per Australian entity • Kick start with $25million volume which will be processed manually. • Cashwerkz Marketplace automation for US$ products planned for 2020 • Currently exploring the option to lease the Cashwerkz Technology Software to a number of international partners.

23 Thank you

24 Cashwerkz Limited ABN 42 010 653 862 Level 1, 200 Creek Street Brisbane QLD 4000 GPO Box 6 2 Brisbane QLD 4001 5