Linius Technologies : Market Update Weblink

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ASX Announcement | 26 April 2022 Linius Market Update to Investors

Linius Technologies (ASX: LNU) (Linius or Company) is pleased to attach a copy of its latest investor presentation and market update.

Linius CEO, James Brennan's presentation focuses on:

• - The success of the company's platform strategy, driving new revenues for Linius through partners and direct go to market activities

• - Exciting progress with partner Swanbay's Matchvision product:

  • o Matchvision launched at Club Brugge KV of the Belgian Pro League

  • o MatchVision currently being piloted in partnership with the English Football League (EFL) and IMG with deployment into EFL.com and selected club sites currently underway

• - The repeatability of these sales and the accelerating path to scale in the Sports sector

• - The status of anchor client The University of Newcastle and overall progress in the Education sector.

Linius has validated video virtualisation in its core markets - Sports, Education and Enterprise, with significant annual recurring revenue (ARR) identified across each of these markets.

Linius has introduced new commercial models to balance immediate cash flow, predictable recurring revenue, and large usage-based growth potential.

The webinar and presentation focused on each of the Company's addressable markets:

Sports Update:

• • Linius partner Swanbay.tv, who created a unique Sports solution called MatchVision with Linus Video Services (LVS) at its core, have deployed Matchvision (including LVS) with new teams and leagues:

  • • MatchVision has now launched with Club Brugge KV of the Belgian Pro League. Club Brugge attracted 370k viewers for their game this weekend, with the Pro-League attracting ~850k viewers overall.

  • • MatchVision is currently being piloted in partnership with the English Football League (EFL) and IMG. The solution is live on a demo platform with deployment into EFL.com and selected club sites currently underway. The EFL has 72 clubs with

Linius Technologies Limited (ASX: LNU) ACN 149 796 332

Suite 1, 2A River Street, South Yarra VIC 3141 Australia

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the Championship being one of most watched leagues in Europe. 500 million people watch the EFL each season, across 150 countries.

• • Linius and partner Swanbay are finalising a new deeper partnership agreement with Swanbay's MatchVision as a core solution, to enhance go-to-market and bring further expansion to more regions, sports, leagues and teams.

• • EPL club Wolverhampton Wanderers are extremely happy with the staged launch of MatchVision this season.

• • Existing clients NBL and Racing.com continue to see steadily growing user engagement and customer satisfaction.

• • Significant increase and progression of Sports pipeline with new opportunities in US, AU, EU, Asia; Current pipeline includes multiple sports including football, golf, cricket, rugby and more; multiple levels from Pro to Collegiate to High School.

• • Linius was selected for the Amazon Web Services Rapid Prototyping Program to support Linius in the development of another new product on LVS to support the growth in sports and other new markets.

Education and Enterprise Update:

• • Deployment at University of Newcastle (UoN) is accelerating with usage this term and new use cases next term.

• • Linius has released advanced capabilities and added value to its education solutions through the integration of additional AI tools, including facial recognition and optical character recognition (OCR). These advanced features are enabling new use cases in research at UoN and other potential universities.

• • Further expansions of the education solutions through partnerships with Canvas (Instructure) are underway, with upcoming versions of Linius Whizzard to support native integration with this and other leading Learning Management Systems and Video Platforms.

• • Education pipeline continues to mature with multiple opportunities progressing through the sales cycle.

• • Whizzard for business is now available on the Zoom Marketplace and a broad marketing campaign has commenced.

• • Linius has renewed its partnership and engagement with LiveTiles with new solution and commercial plans in development to bring value to our joint markets.

A recording of the Zoom Webinar, hosted by Linius CEO, James Brennan, can be accessedon the Linius website, via this link.

This announcement has been authorised for release to ASX by the Linius Board of Directors.

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Market Update

Linius Technologies Limited (ASX:LNU)

James Brennan, CEO

April 2022

Disclaimer

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This document has been prepared by Linius Technologies Limited (LNU). The information contained in this document is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. The information contained in this document is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. In preparing and providing this document, LNU has not considered the objectives, financial position or needs of any particular recipient. LNU strongly suggests that investors consult a financial advisor prior to making an investment decision.

No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of LNU, its related bodies corporate, or their shareholders, directors, officers, employees, contractors, agents or advisors, nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence for any loss arising from the use of information contained in this document.

This document includes "forward-looking statements" within the meaning of securities laws of applicable jurisdictions. Forward looking statements can generally be identified by the use of the words "anticipate", "believe", "expect", "project", "forecast", "estimate", "likely", "intend", "should", "could", "may", "target", "plan", "guideline", "guidance" and other similar expressions. Indications of, and guidance on, revenue models, pricing, earnings and financial position and performance are also forward-looking statements.

Such forward-looking statements are not guarantees of future pricing, performance and events, and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of LNU, its related bodies corporate, and their directors, officers, employees, contractors, agents and advisors, that may cause actual results to differ materially from those expressed or implied in such statement. Actual results, performance or achievements may vary materially from any projections and forward-looking statements and the assumptions on which those statements are based. In particular, potential revenue opportunities and guideline pricing models set out in this document are based on certain assumptions which may in time prove to be false, inaccurate or incorrect. Readers are cautioned not to place undue reliance on forward looking statements and LNU assumes no obligation to update such information.

This document is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities in any jurisdiction, and neither this presentation nor anything contained in it forms the basis of any contract or commitment. Without limiting the foregoing, this document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities of LNU have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (Securities Act) or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and any other applicable securities laws or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws.

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What is needed for success?

Focus

• • Ruthless alignment to strategy

• • Purpose

• • Clarity & alignment

Execution

• • Sales process & pipeline conversion

• • Monetization - ARR

• • Adoption & satisfaction

• • Rigorous product lifecycle process

Operational Excellence

• • People & culture

• • Organizational structure

• • Communications, tools, process