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Strategy update

FY22-FY23

24 February 2022

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Introduction

Michele Garra Chief Executive Officer and Managing Director

  • Joined 29 Nov 2021
  • Accomplished senior executive
  • Prior senior executive roles at Telstra, Sony and Optus.
  • Significant experience building high growth businesses, developing markets for new technology and leading through digital transformation

Rationale for joining

Core SaaS IP

Size of the opportunity

Learning from execution

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Agenda

360 review - Overview and findings

ESG use case expansion and development

Strategic direction - BID's products and GTM

Future state timeline and trajectory

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Section 1 2 3 4

360 review Overview and findings

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approach and profitability (GTM)
positioning and economics
Product,
Execution,
Market
The focus
a review of BID's operations.
Recent underperformance, new market opportunities and new leadership catalysed
onlyuseof Reassessment ersonal* No reliance may be placed upon information provided by Ernst & Young by any party, including but not limited to any reader of this Strategy Update, other than BID.
r lation to any other party who seeks to rely upon the information provided by Ernst & Young.
positioning, primary use cases and TAM (+ESG)
360º review of market and operations

The process

Internal

  • Deep dive into divisional performance and strategy, incl. Sales approach, and technology options
  • Detailed review of financial performance by product solution and region
  • Detailed review of organisational capability & structure

External

  • Discussions with relevant external parties, including customers, industry experts, thought leaders
  • Detailed analysis of competitors and BID's
    USPs
  • Commissioning Ernst & Young to quantify ESG market drivers and size market opportunity for exponential data needs*

EY disclaims all liability in

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BidEnergy Limited published this content on 23 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2022 23:00:51 UTC.