Technology One : FY21 AGM Chair's Presentation

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FY21 Annual General Meeting

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Adrian Di Marco

Executive Chairman

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Disclosure Statement

TechnologyOne Ltd Annual General Meeting - 23 February 2022

Technology One Ltd (ASX: TNE) today conducted its Annual General Meeting at the Brisbane Convention & Exhibition Centre. These slides have been lodged with the ASX and are also available on the company's website: www.TechnologyOneCorp.com

The information contained in this presentation is of a general nature and has been prepared by TechnologyOne in good faith. TechnologyOne makes no representation or warranty, either express or implied, in relation to the accuracy or completeness of the information. This presentation may also contain certain 'forward looking statements' which may include indications of, and guidance on financial position, strategies, management objectives and performance. Such forward looking statements are based on current expectations and beliefs and are not guarantees of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of TechnologyOne. TechnologyOne advises that no assurance can be provided that actual outcomes will not differ materially from those expressed in this presentation.

This presentation includes the following measures used by the Directors and management in assessing the on-going performance and position of TechnologyOne: Profit before tax - Underlying, EBITDAR, EBITDA, EBIT, ARR, Churn, Cash Flow Generation. These measures are non-IFRS under Regulatory Guide 230 (Disclosing non-IFRS financial information) published by the Australian Securities and Investment Commission and have not been audited or reviewed.

ARR (Annual Recurring Revenue) was previously referred to as ACV (Annual Contract Value).

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For personal use only

Record Profit

Net Profit Before Tax of $97.8m up 19%

Top End of Guidance

12 consecutive years of Record Profit

Guidance provided was Net Profit Before Tax of $94.3m to $98.6m

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Dividend up 8%

Compound growth 12%, over 10 years

Half 1

3.82 cps,

Dividend last ten years

up 10% (60% franked1)

Up 8%

Half 2

10.09 cps,

Up 8%

up 7% (60% franked1)

Up 8%

Up 8%

Up 8%

Total

13.91 cps, up 8%

Up 8%

2.00

Up 46%

Up 8%

2.00

Compound

Payout

2.00

2.00

Growth of

ratio of

2.00

13.91

12%

62%

Up 10%

12.88

11.93

7.45

8.20

9.02

6.78

5.60

6.16

5.09

FY12

FY13

FY14

FY15

FY16

FY17

FY18

FY19

FY20

FY21

Dividend

Special Dividend

Notes:

• 1 Dividends are not fully franked as a result of tax benefits from the R&D Tax Concession and the TechnologyOne Share Trust
• We have continuously paid a dividend since 1996 (through Dot-Com and GFC)
• The Board considers the payment of a Special Dividend at the end of each year taking into consideration franking credits and other factors
• The Board continues to consider other Capital Management initiatives including acquisitions

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For personal use only

Our success is driven by

our Global SaaS ERP

solution

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Organic SaaS growth powers our business

SaaS ARR $192.3m up 43%

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For personal use only

637 Enterprise customers on TechnologyOne SaaS

up 18% from 539 enterprise customers pcp

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What is TechnologyOne SaaS?

A single global instance of our enterprise software

run at massive scale for all our customers

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For personal use only

TechnologyOne Enterprise SaaS -
	One Global Code Line
Economies of scale - Massively scalable, Highly efficient, Cost effective
Company A	Company B	Company C	Company D
	One Global Code Line
	TechnologyOne Enterprise Software as a Service
Company A Database | Configuration	Company B Database | Configuration	Company C Database | Configuration	Company D Database | Configuration
Future proof - Every dollar we spend, every customer gets the benefits
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Why is TechnologyOne SaaS different

to other SaaS products?

We are providing a total ERP solution and not

individual products for specific markets

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