Announcement PDF Secure. Sustainable. Scalable. Annual General Meeting Managing Director and CEO Presentation 24 November 2023 1 Secure. Sustainable. Scalable. spirit.com.au Disclaimer 2 Secure. Sustainable. Scalable. spirit.com.au Board of Directors James Joughin Julian Challingsworth Greg Ridder Chairman Managing Director & Non-Executive Director CEO Our Board has extensive experience leading some of the most successful companies in Australia. Lynn Warneke Elie Ayoub Non-Executive Director Co-CEO Nexgen & Executive Director 3 Secure. Sustainable. Scalable. spirit.com.au Executive Team Our executive team has extensive Paul Miller Zoe Rosenwax Chief Financial Officer Head of People Nathan Knox James Harb Elie Ayoub Chief Operating Officer Co-CEO Nexgen Co-CEO Nexgen & Julian Challingsworth Managing Director & CEO experience across cyber security, managed services and IT&T Executive Director 4 Secure. Sustainable. Scalable. spirit.com.au Overview Spirit Technology Solutions provides services and solutions that enable organisations to: Secure • Strengthen their security posture to match the constantly changing cyber threat landscape. Sustainable • Leverage intelligent, clean technologies to measure and reduce their carbon footprint, achieve net-zero targets, and potential cost savings. Scalable • Remain ahead of the curve and accelerate their digital transformation by adopting agile technology solution that can easily adapt to changing business needs and deliver their ROI goals for technology investments. 5 Secure. Sustainable. Scalable. spirit.com.au Our trajectory Our past Where we are now Where we are going Spirit was a provider of fixed wireless infrastructure and Spirit currently focuses on providing secure digital Spirit is moving toward becoming one of Australia’s IT Services including high-speed internet, security, workspaces with three key offerings: leading providers of modern and secure digital cloud, mobile, voice and managed services. Managed Services (IT&T) – a comprehensive range of workplaces via the following services: February 2022: introduction of Spirit 2.0 to focus on managed IT and professional services to SMB and mid- Secure: Helping companies create a secure providing modern and secure digital workplaces. market customers. organisation and reduce risks through our Cyber June 2022: Spirit completes the sale of its wholesale Cyber Security – specialist cyber managed services and fixed wireless assets, reducing debt by $13 million. industry leading solutions to corporate and enterprise Sustainable: Working with our partners Cisco and customers Microsoft to provide companies with smart networks, October 2022: Spirit Transfer Consumer ISP to complete transition from B2C to B2B business model. June 2023: Managed Services Restructure program Collaboration and Communication – voice solutions, data and office technology for small business. Security solutions. IoT devices and carbon reporting and management models to help reduce their carbon footprint. Scalable: We help businesses to be scalable at low cost reduces labour cost by $12 million annualised as part of through our smart infrastructure solutions. ‘Shrink to profit’ restructuring program and offboard customers from proprietary products with low margin to higher-margin solutions September 2023: Planned completion of integrated technical backbone, getting all key business units onto one ERP platform to support future growth. 6 Secure. Sustainable. Scalable. spirit.com.au Our go-to market strategy As a business with a national footprint, a skilled team and key partnerships, we are well positioned to help organisations solve the key challenges they face. The market is asking for solutions that improve their resilience to cyber attacks, climate change and are responsive to challenging business conditions. Spirit’s 7,000+ customers are benefitting from integrated solutions that deliver measurable business outcomes. We believe this strategy will drive the growth of the business and deliver much better returns for our investors. 7 Secure. Sustainable. Scalable. spirit.com.au Key FY23 highlights • Group audited FY23 Revenue of $127M and Underlying EBITDA of $5.2M achieved as previously guided and in line with unaudited results • New go-to market strategy of Secure. Sustainable. Scalable launched • 300+ new clients and 4 new partnerships secured as at 30 June 2023, delivering $5M in contracted revenue • New Cyber Security Operations Centre established – a key competitive advantage – protecting $22B in client revenue • Selected data centre and network assets divested December 2022 8 Secure. Sustainable. Scalable. spirit.com.au Growth strategy and outlook • Due diligence progressing for potential acquisition opportunity • Target additional acquisitions to grow further in the Secure, Sustainable and Scalable space • Organic growth through expanding Australian presence, new customers and upselling offering to existing customers • New cyber contracts signed from a number of new and renewing ASX 100 customers in the last 3 months • Cyber managed security solution delivered from new SOC enables expansion into the growing higher value defence industry supply chain. DISP membership on track for FY24 • Launch of several new high-growth market offers to drive earnings growth: o Managed Services cyber security defence and workplace productivity offer for SME customers, to be sold into the existing SME customer base of 7,000+ customers • Further agreements and partnerships with our leading global technology partners • New Cisco agreement signed that will support an uplift in our cloud communication customer base by 4,000 customers to 11,000 further enhancing growth and cross sell opportunities • Spirit dealer program launched with first sales achieved and targeting 100 new dealers over next 24 months 9 Secure. Sustainable. Scalable. spirit.com.au