FINANCIAL STATEMENTS 30 JUNE 2020 Catapult Group International Limited Appendix 4E For the year ended 30 June 2020 CATAPULT GROUP INTERNATIONAL FOR THE YEAR ENDED JUNE 30 2020 APPENDIX 4E Appendix 4E For the full year ended 30 June 2020 Catapult Group International Ltd ABN 53 164 301 197 RESULTS FOR ANNOUNCEMENT TO THE MARKET For the full year ended 30 June 2020 (previous corresponding period: year ended 30 June 2019) 30 Jun 2020 30 Jun 2019 Change Change $000’s $000’s $000’s % Revenue from ordinary activities 100,733 95,375 5,358 5.6% Profit / (Loss) from ordinary activities after tax attributable to (7,674) (12,581) 4,907 39.0% members Other Comprehensive Profit / (Loss) from ordinary activities after tax (5,598) (7,878) 2,280 28.9% attributable to members Dividend information Catapult Group International Ltd has not paid, and does not propose to pay dividends, for the year ended 30 June 2020 (2019: nil). Net tangible asset information 30 Jun 2020 30 June 2019 (cents) (cents) Net tangible asset per security 9.6 10.8 Other information required by Listing Rule 4.3A Other information requiring disclosure to comply with Listing Rule 4.3A is contained in the 30 June 2020 Financial Statements. Commentary on the results for the year is also contained in the Catapult market release announcing full year financial results and the presentation to investors and analysts. Information should be read in conjunction with the 30 June 2020 Financial Statements. This report is based on the Consolidated Financial Statements for the year ended 30 June 2020 which has been audited by Grant Thornton with the Independent Auditor’s Audit Report included in the 2020 Consolidated Financial Statements. FINANCIAL STATEMENTS | 30 JUNE 2020 2 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020 FINANCIAL STATEMENTS | 30 JUNE 2020 3 CATAPULT GROUP INTERNATIONAL CONTENTS → DIRECTORS’ → CONSOLIDATED STATEMENT REPORT OF CHANGES IN EQUITY 6 36 → REMUNERATION → NOTES TO THE REPORT (AUDITED) FINANCIAL STATEMENTS 16 37 → AUDITORS INDEPENDENCE → DIRECTORS’ DECLARATION DECLARATION 31 84 → CONSOLIDATED STATEMENT → INDEPENDENT AUDITOR’S REPORT TO OF PROFIT OR LOSS AND THE MEMBERS OF CATAPULT GROUP OTHER COMPREHENSIVE INCOME INTERNATIONAL LTD 32 85 → CONSOLIDATED STATEMENT → SHAREHOLDER OF FINANCIAL POSITION INFORMATION 34 89 → CONSOLIDATED STATEMENT OF CASH FLOWS 35 FINANCIAL STATEMENTS | 30 JUNE 2020 4 CATAPULT GROUP INTERNATIONAL FOR THE YEAR ENDED JUNE 30 2020 DIRECTORS’ REPORT The Directors of Catapult Group International Ltd (‘Catapult’ or ‘The Company’) present their Report together with the financial statements of the consolidated entity, being Catapult Group International Ltd and its controlled entities (‘the Group’) for the year ended 30 June 2020 (‘FY20’). DIRECTOR DETAILS The following persons were Directors of Catapult Group International Ltd during or since the end of the financial year. DR ADIR SHIFFMAN MR SHAUN HOLTHOUSE MBBS, Medicine B.E. (Hon), Mechanical Engineering, GAICD Executive Chairman Founder, Non-Executive Director (previously CEO Appointed 4 September 2013 until 30 April 2017) Member of Nomination and Remuneration Committee Shaun co-founded Catapult in 2006 and served as CEO up until 30 April 2017. During that time, Dr Adir Shiffman, Executive Chairman of Catapult, he played a central role in developing Catapult’s has extensive CEO and board experience in the wearable technology and is the author of many of technology sector. its patents. Under his leadership Catapult launched and expanded sales into more than 15 countries - Adir has founded and sold more than half a dozen including establishing subsidiaries in the US and technology startups, many of which were high UK and becoming the dominant elite wearable growth SaaS (software as a service) businesses. company globally. His expertise includes strategic planning, international expansion, mergers and acquisitions, Shaun was responsible for raising early capital, and strategic partnerships. listing on the ASX, acquiring GPSports, XOS and Kodaplay (Playertek) and developing Catapult’s Adir currently sits on several boards. He is strategy to grow from a wearable only company to regularly featured in the media in Australia, the US building out the technology stack for elite sport and and Europe. leveraging this into consumer team sports. Adir graduated from Monash University with a Prior to Catapult, Shaun had extensive experience Bachelor of Medicine and a Bachelor of Surgery. in new technology transitioning into commercial Prior to becoming involved in the technology products, including biotechnology, MEMS, fuel cells, sector, he practised as a doctor. and scientific instrumentation. Other current Directorships: Shaun holds a Bachelor of Engineering (Hons) None from the University of Melbourne and is a graduate member of the Australian Institute of Company Previous Directorships (last 3 years): Directors. He is the author of numerous patents iBuyNew Group Limited (ASX:IBN) and patent applications in athlete tracking, analytics and other technologies. He also works as a professional director as well as providing advisory services for technology start-ups. Other current Directorships: None Previous Directorships (last 3 years): None FINANCIAL STATEMENTS | 30 JUNE 2020 6 CATAPULT GROUP INTERNATIONAL FOR THE YEAR ENDED JUNE 30 2020 DIRECTORS’ REPORT MR IGOR VAN DE GRIENDT MR BRENT SCRIMSHAW B.E. Electrical Engineering Independent Non-Executive Director Founder, Non-Executive Director Appointed 24 November 2014 Member of Audit and Risk Committee Chair of Nomination and Remuneration Committee Mr Igor van de Griendt has served as Chief Mr Brent Scrimshaw has over 25 years of Operating Officer, Chief Technology Officer (CTO) experience in consumer innovation, executive and as an Executive Director before moving into a business leadership and brand management within Non-Executive Director role in July 2019. the global sports industry. In his capacity as CTO, he was responsible for Brent had an 18-year career at Nike Inc, where he providing strategic direction and leadership in the held senior leadership roles in Australia, Europe development of Catapult’s products, both in the and the United States, including Vice President analytical and cloud space, as well as with respect and Chief Executive of Nike Western Europe; Chief to Catapult’s various wearable product offerings. Marketing Officer and Vice President of Category Igor also provided guidance and operational Businesses for Nike Europe, Middle East and Africa; support to Catapult’s R&D, software and cloud and General Manager of Nike’s East Coast United development teams during that time. States operations in New York. Prior to co-founding Catapult, Igor was a Project As one of Nike Inc’s 30 most senior leaders Manager for the CRC for MicroTechnology which, worldwide, Brent also served on Nike’s Global in collaboration with the Australian Institute of Corporate Leadership Team, where he helped lead Sport, developed several sensor platforms and the creation of Nike’s overall brand and global technologies ultimately leading to the founding operating strategy, as well as playing a senior of Catapult. role as a key member of the Global Commercial Operations Executive Team, responsible for sales Prior to joining the CRC for MicroTechnology, and distribution strategies worldwide. Igor ran his own consulting business that provided engineering services for more than 13 Brent is also a Non-Executive Director at Rhinomed years to technology companies such as Redflex Ltd, an ASX listed medical technology company Communications Systems (now part of Exelis, focused on enhancing human efficiency through NYSE:XLS), Ceramic Fuel Cells (ASX:CFU), Ericsson innovative respiratory technologies and also a Australia, Siemens, NEC Australia and Telstra. Non-Executive Director at ASX listed Kathmandu Holdings Ltd, a specialty outdoor clothing and Igor holds a Bachelor of Electrical Engineering from equipment retailer with over 160 stores in AUS, NZ Darling Downs Institute of Advanced Education and the UK. (now University of Southern Queensland). Igor is also the author of numerous patents and patent Brent was formerly a Director of Fox Head Inc, applications in athlete tracking, and other sensor the world’s largest manufacturer and marketer of technologies. performance Moto-X and actions sports lifestyle products, and Founder and CEO of Unscriptd Ltd Other current Directorships: which was acquired by New York media company None The Players Tribune in Dec 2018. Previous Directorships (last 3 years): Other current Directorships: None Rhinomed Ltd (ASX:RNO) Kathmandu Ltd (ASX:KAT) Previous Directorships (last 3 years): Unscriptd Ltd FINANCIAL STATEMENTS | 30 JUNE 2020 7 CATAPULT GROUP INTERNATIONAL FOR THE YEAR ENDED JUNE 30 2020 DIRECTORS’ REPORT MR JAMES ORLANDO MS MICHELLE GUTHRIE BSc, MBA, GAICD BA/Law (Hons) Independent Non-Executive Director Independent Non-Executive Director Appointed 24 October 2016 Appointed 1 December 2019 Chair of Audit and Risk Committee Member of the Audit and Risk Committee Member of Nomination and Remuneration Committee Over the last 25 years Michelle has held senior management roles at leading media and Mr James Orlando has held senior finance positions technology companies in Australia, the UK and driving growth and shareholder value in the United Asia, including BSkyB, Star TV and Google. She States, Asia and Australia. Most recently he was has extensive experience and expertise in media the CFO of Veda Group Ltd (VED.ASX), leading the management, and content development, with deep company through its successful IPO in December knowledge of traditional broadcasting, the digital 2013. media landscape and the transformation necessary to embrace the digital consumer. Before joining Veda, James was the CFO of AAPT where he focused on improving the company’s From 2003 to 2007, Michelle was based in Hong earnings as well as divesting its non-core consumer Kong as Chief Executive Officer of STAR TV, business. He also served as the CFO of PowerTEL responsible for pay TV platforms and content Ltd, an ASX-listed telecommunications service development in India, China, Indonesia and across provider which was sold to Telecom New Zealand Asia.