Microsaic : Year End Presentation 2021

AGM

Microsaic Systems

Jun 30 2022

www.microsaic.com

IMPORTANT INFORMATION

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This presentation, which has been prepared by Microsaic Systems plc ("Company"), has been prepared solely in connection with the Company's pre-close results for 2021. For the purposes of this notice, "presentation" means this document, any oral presentation, any question and answer session and any written or oral material discussed or distributed during the presentation meeting.

This presentation is being communicated or distributed within the United Kingdom only to person whom it may be lawfully communicated and has not been approved by an authorised person (within the meaning of the Financial Services and Markets Act 2000, as amended ("FSMA")), the London Stock Exchange or the Financial Conduct Authority.

To the fullest extent permitted by applicable law or regulation, no undertaking, representation or warranty or other assurance, express or implied, is made or given by or on behalf of the Company or any of its subsidiary undertakings or any of its directors, officers, partners, employees, agents, affiliates, representatives or advisers, or any other person, as to the accuracy, sufficiency, completeness or fairness of the information, opinions or beliefs contained in this presentation.

This presentation has not been fully verified and its contents may be subject to updating, revision and future amendment. Save in the case of fraud, no responsibility or liability is accepted by any person for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred, howsoever arising, directly or indirectly, from any use of, as a result of the reliance on, or otherwise in connection with, this presentation. In addition, no duty of care or otherwise is owed by any such person to recipients of this presentation.

The information contained in this presentation is provided as at the date of its publication. This presentation contains forward-looking statements that involve substantial risks and uncertainties and actual results and developments may differ materially from those expressed or implied by these statements by a variety of factors. These forward-looking statements speak only as at the date of this presentation. In addition, all projections, valuations, estimates and statistical analyses provided in this presentation may be based on subjective assessments and assumptions and may use among alternative methodologies that produce different results and should not be relied upon as an accurate prediction of future performance.

Except as required by applicable law or regulation, neither the Company nor any of its directors, officers, partners, employees, agents, affiliates, representatives or advisers undertakes or agrees: (a) any obligation to update or revise any forward-looking or other statements or information in this presentation, whether as a result of new information, future developments or otherwise; and (b) or is under any duty to update this presentation or to correct any inaccuracies in, or omissions from, any such information which may become apparent or to provide you with any additional information. No statement in this presentation is intended as a profit forecast or profit estimate (unless otherwise stated).

This presentation does not constitute or form part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any shares or other securities of the Company nor shall it (or any part of it), or the fact of its distribution, form the basis of, or be relied upon in connection with or act as any inducement to enter into, any contract or commitment whatsoever. This presentation is not a recommendation regarding the securities of the Company and recipients should not purchase, subscribe for or otherwise acquire Company securities on the basis of this presentation.

This presentation does not constitute or form part of an offer or invitation to issue or sell, or the solicitation of an offer to subscribe or purchase, any securities to any person in any jurisdiction to whom or in which such offer or solicitation is unlawful. This presentation and its contents are confidential and are being supplied to you for your own information and may not be distributed, transmitted, published, reproduced or otherwise made available to any other person, in whole or in part, directly or indirectly, for any purposes whatsoever. The distribution of this presentation in other jurisdictions may be restricted by law, and persons into whose possession this presentation come should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction.

INTRODUCTION

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Gerry Brandon

Executive Chairman

25+ years' change management expertise transforming under-commercialised science and engineering companies into profitable enterprises

Joined Microsaic in March 2021 as non-executive Chairman

Acting Executive Chairman - since March 2022

2021 KEY METRICS

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2021 ushered in new

strategic business model

Collaboration, partnership

and Co-Development

2021 - £0.91m

2020 - £0.20m

2019 - £0.90m

2021 Sales

Recovery Up

357%

EBITDA Loss

Reduced to

£1.8m

2020: £2.17m

Adjusted before share- based payments and professional fees relating to corporate activity

Orders in

Excess Of

£1m+

Backlog of £125,000 in 2021 orders shipped in early 2022 due to supply chain delays

Over Subscribed	Year End Cash and
Cash Equivalents
Placing

£5.5m £3.46m

Change of Board	Commercial services focused
members with commercial	offering adds greater added
focused key personnel	value for clients

We are nearing completion of the	5
transition from capital instrument
sales to fulfilment of workflows in
Human and Environmental Health

Science & Engineering As A Service