Iress : Investor Strategy Day - Investor Presentation 290721

Disclaimer

The material in this presentation is intended to be general background information on Iress Limited and its activities, current at the date of the presentation. The information is provided in summary form and does not purport to be complete or to contain all of the information that an investor should consider when making an investment decision. It should be read in conjunction with Iress' other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au.

It is not intended to be relied upon as advice to investors or potential investors and does not consider the individual circumstances of any particular investor. Prior to making a decision in relation to Iress' securities, products or services, investors or potential investors should consider their own investment objectives, financial situation and needs and obtain professional advice. Nothing contained in this document constitutes investment, legal, tax or other advice.

No representations or warranties

The material contained in this presentation may include information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information.

To the maximum extent permitted by law, Iress, any of its related bodies corporate or its directors, officers, employees, professional advisors and agents (Related Parties) do not accept any liability for any loss arising from or in connection with this presentation including, without limitation, any liability arising from fault or negligence, or make any representations or warranties regarding, and take no responsibility for, any part of this presentation and make no representation or warranty, express or implied, as to the currency, accuracy, reliability, or completeness of information in this presentation.

Forward looking statements

This presentation contains forward-looking statements, which may be identified by words such as 'anticipate', 'believe', 'estimate', 'expect', 'intend', 'will', 'plan', 'may', 'could', 'should', 'predict', 'forecast', 'target' and similar expressions. Indications of, and guidance on, future earnings, financial position, distributions and performance are also forward-looking statements as are statements regarding Iress' businesses, future developments, market outlook, market conditions, results of operations, the outcome of the strategies described in this presentation and the use of proceeds. Such forward-looking statements are based on Iress' current views and assumptions, and involve known and unknown risks and uncertainties, many of which are beyond the control of Iress and its Related Parties.

These risks include domestic and international economic conditions, exchange rates (including foreign exchange rates), competition in the markets in which Iress will operate, the substantial technological changes taking place in the financial software industry, the continuing growth in the technology markets where Iress will operate, and the risk of information security breaches and/or failure of critical systems. A number of these factors are described in the "material business risks" section of our Annual Report for the year ended 31 December 2020, which was lodged with the ASX on 18 February 2021 and is available on Iress' website: www.iress.com/resources/investors/reports-presentations/.

In addition to the risks and uncertainties outlined above, there are particular risks and uncertainties in connection with the implementation of the strategies and targets described in this presentation including: the response of customers to changes in Iress' products, services and platform, including if Iress determines that a product or service should be discontinued; that detailed business plans have not been developed for the entirety of the strategy; that the full scope and cost of implementation may vary as plans are developed and as Iress engages with third parties; that Iress may not successfully execute and manage implementation of these strategies and plans in a sequenced, controlled and effective manner and in accordance with the relevant project and business plans (once developed), including due to a lack of sufficient qualified personnel or loss of key personnel; and Iress' ability to execute productivity initiatives and realise operational synergies, cost savings and revenue benefits in accordance with its plans.

These risks and uncertainties could cause actual results, performance or events to differ materially from those expressed or implied. There are usually differences between forecast and actual results because events and actual circumstances frequently do not occur as forecast and their differences may be material. Forward-looking statements contained in this presentation are not guarantees or representations of future performance and should not be relied upon as such. Neither Iress, nor its Related Parties, give any representation, warranty, assurance, nor will guarantee that the occurrence of the events expressed or implied in any forward-looking statement will occur. Readers should not place undue reliance on these forward-looking statements (including projections, guidance on future earnings and estimates), which speak only as of the date of this presentation. Each recipient of this publication should make its own enquiries and investigations regarding all information included in this publication including the assumptions, uncertainties and contingencies which may affect Iress' future operations and the values and the impact that future outcomes may have on Iress. To the maximum extent permitted by law, Iress and its Related Parties disclaim any obligation, undertaking or responsibility to update or revise any forward-looking statement to reflect any change in Iress' financial condition, status or affairs or any change in the expectations, assumptions, events, conditions or circumstances on which a statement is based after the date of this presentation, except as required by Australian law (including applicable disclosure requirements).

Securities

This presentation is not intended to (nor does it) constitute an offer, invitation or recommendation by or on behalf of Iress or its Related Parties to subscribe for, purchase, sell or otherwise deal in any equity instrument or other securities, nor are they intended to be used for the purpose of or in connection with offers, invitations or recommendations to subscribe for, purchase, sell or otherwise deal in any equity instruments or other securities.

Figures

Unless otherwise noted, financial information, including forward-looking figures, in this presentation is based on IFRS. This presentation contains financial information and disclosures which are extracted or derived from the Consolidated Interim FinancialReport for the half year ended 30 June 2021, which has not been reviewed by Iress' independent auditor.

All amounts and dollar values are in Australian dollars (A$) and financial data is presented within the six months ended 30 June 2021 unless otherwise stated. Certain figures, amounts, percentages, estimates, calculations of value and fractions may be subject to rounding differences. All market share information in this presentation is based on management estimates based on internally available information unless otherwise indicated.

2

Agenda

Introduction and overview

Product & Technology

Commercial

Financials

Andrew Walsh

Chief Executive

Joydip Das	Andrew Todd
Chief Product Officer	Chief Technology Officer

Michael Blomfield

Chief Commercial Officer

John Harris

Chief Financial Officer

Panel Q&A	All presenters
Close	Andrew Walsh

3

Strong and stable management team

Joydip Das

Chief Product Officer

John Harris		Julia McNeill
Chief Financial Officer		Chief People Officer

	Coran Lill						Michael Blomfield
	Chief Communications
						Chief Commercial Officer
	& Marketing Officer
				Andrew Walsh
				Chief Executive Officer
				& Managing Director
	Andrew Todd				Peter Ferguson
				Chief Legal Officer &
	Chief Technology Officer
				Company Secretary

Simon New

Chief Client Solutions Officer

4

Technology for financial services

500,000+ 10,000+ 2,250+

Users		Clients		Employees

>90%

~99%

9 countries

Recurring and	Client retention	25 offices
subscription
for the last
revenue
three years