Frontier Digital Ventures : Macquarie Emerging Leaders Forum Presentation

For personal use only

ASX Code: FDV

15 June 2022

Macquarie Emerging Leaders Forum Presentation

Frontier Digital Ventures Limited ("FDV" or the "Company") has been invited to present today at the Macquarie Emerging Leaders Forum in Melbourne.

A copy of the presentation that will be given by Founder and CEO Shaun Di Gregorio to investors and analysts at the forum is included below.

- ENDS -

The release of this announcement was authorised by the Board of Directors of Frontier Digital Ventures Limited.

For more information, please contact:
Company	Investors
Shaun Di Gregorio	Timothy Toner
Founder and CEO	Vesparum Capital
Phone: [phone]	Phone: [phone]
Email:[e-mail]	Email:[e-mail]

About FDV

Frontier Digital Ventures (FDV) is a leading owner and operator of online marketplace businesses in fast growing emerging markets. Currently, FDV's portfolio consists of 16 market leading companies, operating across 21 markets in FDV LATAM, FDV Asia and FDV MENA. FDV works alongside local management teams across property, automotive and general classifieds, providing strategic oversight and operational guidance which leverages FDV's deep classifieds experience and proven track record. FDV seeks to unlock further monetisation opportunities beyond the typical classifieds revenue, to grow the equity value of its operating companies and realise their full potential. Find out more at frontierdv.com.

Frontier Digital Ventures Ltd

39-8 The Boulevard, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia1 Tel: [phone] www.frontierdv.com

ersonal use only

LEADING ONLINE MARKETPLACES IN EMERGING MARKETS

MACQUARIE EMERGING LEADERS FORUM | 15 JUNE 2022

FDV at a glance

only	Record 1Q 2022 revenue on an
A$20.2m	FDV % share basis, increasing 83%
		from A$11.0m in 1Q 2021
use
	Annualised revenue on an FDV %
A$88m
share basis based on record
		monthly revenue in March 2022
		of A$7.3m
ersonal		Portfolio EBITDA on FDV % share
A$0.7m
basis in 1Q 2022, representing
		FDV's third consecutive quarter of
		positive portfolio EBITDA

#1 online marketplaces

16 market leading online marketplaces across 20 high growth emerging markets

Large and active users

~250m website sessions and ~200m mobile sessions in 1Q 2022

Rapid revenue growth

Since IPO in 2016, FDV has achieved a revenue CAGR of over 50% and quarter-on-quarter revenue growth in 20 out of 23 quarters

Track record of sustainable growth

Proven ability to rapidly grow revenue while improving the operational performance and earnings potential of the operating companies

Core business cash flow positive

Cash flow positive core classifieds business in 1Q 2022 based on consolidated entities and including corporate level costs1

Long-term investments to facilitate transactions

Long-term investments to facilitate transactions, leveraging market leadership of core classifieds businesses to unlock earnings potential

1. Excludes equity accounted entities Zameen and PakWheels which together recorded positive EBITDA of A$945k in 1Q 2022 on an FDV % basis

2

MARKET LEADING BUSINESSES

FDV Group structured across three key geographic regions to support FDV at full potential

FDV Group

only	FDV LATAM		FDV Asia			FDV MENA
			#1 property portal	#1 auto portal
					Pakistan	Pakistan		#1 general marketplace	#1 general marketplace
									Morocco	Tunisia
	#1 property portal Uruguay,	#1 property and auto portal
use	Paraguay and Bolivia	Chile		#1 auto portal	#1 property portal
			Philippines	Myanmar
							#1 auto portal	#1 property portal
			#1 property portal	Property transaction business			Morocco	Nigeria
ersonal
	#1 property portal		Sri Lanka	Philippines
	Leading general marketplace
		in Central America	Colombia
					#1 auto portal			#1 property portal
								Ghana
						Myanmar
		Annualised Revenue: A$43.1m1		Annualised Revenue: A$29.1m1			Annualised Revenue: A$8.7m1
		~53% of FDV Group revenue		~36% of FDV Group revenue			~11% of FDV Group revenue

1. Annualised revenue for 1Q 2022 on an FDV % share basis, which does not account for expected revenue growth accross portfolio

3

PORTFOLIO OPTIMISATION ACTIVITIES

Consolidating ownership across FDV LATAM, with strategic ownership increases across Asia and MENA

only

100% acquisition of the

Moved to majority ownership,

leading general classifieds

increasing shareholding from

portal in Chile

42.0% to 51.1%

use

Jan 21

Feb 21

Mar 21

Apr 21

May 21

June 21

July 21

Aug 21

Sep 21

Oct 21

Nov 21

Dec 21

ersonal

Acquired remaining 43.7% interest

Acquired remaining 49.0% interest in

Acquired remaining 73.7%

in Moteur to move to 100%

InfoCasas to move to 100%

interest in Encuentra24 to move

ownership

ownership

to 100% ownership

4