WT Financial : WTL Investor Webinar - Synchron Acquisition

ASX Announcement - 16 March 2022

WTL SYNCHRON ACQUISITION INVESTOR WEBINAR

For personal use only

WT Financial Group Limited (ASX:WTL) (WTL, the Company) is pleased to invite shareholders and investors to the WT Financial Group Investor Webinar to be held on Thursday 17 March 2022 at 1:00 pm AEDT / 10:00 am AWST. WTL Founder and Managing Director, Keith Cullen, will expand on the recently announced Synchronised Business Services Pty Ltd (Synchron) acquisition (Acquisition), along with providing a Company update and engaging in a Q&A.

The Acquisition is highly synergistic and accretive to earnings. On settlement of the Acquisition (Completion), which is scheduled to occur this week, the Company's B2B operations will encompass Wealth Today; Sentry Group; and Synchron - making WTL the largest independent (non-institutionally-owned,non-product producing) advice network in Australia.

Highlights

• Established in 1998 and headquartered in Melbourne, Synchron is Australia's largest privately- owned national financial adviser group.
• The Acquisition is highly synergistic and accretive to earnings, with WTL providing FY2023 guidance of EBITDA of $7M+ and NPAT of $4M+.
• WTL will emerge as the largest independent (non-institutionally-owned,non-product producing) financial adviser network in Australia - creating significant combined metrics:

1. 600+ total advisers

1. $16Bn+ funds under advice

1. $360M+ in-force annual insurance premium

• 1. $25M+ new insurance premium sales per annum
• The total vendor consideration for the Acquisition is up to $7.96M, payable over two-years in a combination of cash and shares, and subject to various terms and conditions.
• WTL will assume liabilities of circa $3M and expects to incur transaction and integration costs of between $1-2M bringing the anticipated total value of the acquisition to $12-13M.

Details of the event are as follows:

Event: WT Financial Group Investor Webinar

Presenter: Founder and Managing Director, Keith Cullen

Time: Thursday 17 March 2022 at 1:00 pm AEDT / 10:00 am AWST

Where: Zoom webinar, details to be provided upon registration.

To register, shareholders and investors can click or copy the following link in to a web browser:

https://janemorganmanagement-au.zoom.us/webinar/register/WN_ryncmiqYSmS3e3I8jK6Fiw

After registering, participants will receive a confirmation email with information about joining the webinar. Attendees will be able to submit questions via the panel throughout the presentation, and the Company encourages shareholders and investors to submit questions via email beforehand to [e-mail]

Ends

WT FINANCIAL GROUP LIMITED	Level 5, 95 Pitt Street,
ABN 87 169 037 058 ASX: WTL	Sydney NSW 2000
02 9248 0422
wtfglimited.com

For personal use only

About WT Financial Group Limited

WT Financial Group Limited has established itself as the largest independent - or non-institutionally-owned,non-product producing financial adviser network in Australia. Its advice and product offerings are delivered primarily through a group of independent financial advisers operating as authorised representatives under its Wealth Today, Sentry Group, and now Synchron subsidiaries.

The Group's B2C division delivers a range of services directly to wholesale and retail clients through the Spring Financial Group brand, encompassing financial planning, accounting & tax services, mortgage finance services, and investment and asset management.

The Group offers market-leading financial education services for advisers and consumers through regular seminar programs and the publication of its Wealthadviser library of more than 100 financial literacy handbooks and manuals on a broad range of financial and investment market topics.

Authorised for release by:	For further information:
Keith Cullen	Jane Morgan
Managing director	Investor and Media Relations
[phone]	+ 61 (0) 405 555 618
	[e-mail]

WT FINANCIAL GROUP LIMITED	Level 5, 95 Pitt Street,
ABN 87 169 037 058 ASX: WTL	Sydney NSW 2000
02 9248 0422
wtfglimited.com

ersonal use only

ASX: WTL

CREATING AUSTRALIA'S LARGEST INDEPENDENT* FINANCIAL ADVICE GROUP

ACQUISITION OF SYNCHRON

Investor Presentation

M a r ch 2 0 2 1

*Non-institutionally-owned,non-product producing

1

IMPORTANT INFORMATION

Issuer and Date

This investor presentation (Presentation) has been prepared by WT Financial Group Limited (ACN 169 037 058) (WTL) and is dated 16 March 2022 for presentation to Investors at a webinar on 17 March 2022

onlySummary Information

This Presentation contains summary information about WTL and its subsidiaries (the Group) and their respective activities which is current as at the date of this Presentation. Information contained herein is of a general nature and does not purport to be complete, nor does it contain all the information which a prospective investor may require in evaluating a possible investment in WTL or that would be required in a prospectus, or other disclosure document prepared in accordance with the Corporations Act. This Presentation should be read in conjunction with WTL's other periodic and

c ntinuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au.

Not an offer

This Presentation is for information purposes only and is not a prospectus, disclosure document, product disclosure statement or other offering document under Australian law or any other law (and will not be lodged with ASIC) and is not and should not be considered an invitation or offer to acquire shares in WTL or any other financial products and does not

useand will not form any part of any contract for the acquisition of the shares.

Not for release or distribution in the United States

This Presentation may not be released to US wire services or distributed in the United States. It does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States or in any other jurisdiction in which such an offer would be illegal. The New Shares have not been, nor will be, registered under the US Securities Act of 1933 or the securities laws of any state or other jurisdiction of the United States. Accordingly, the New Shares may not be offered or sold in the United States or to persons that are acting for the account or benefit of persons in the United States. The distribution of this Presentation in other jurisdictions outside Australia may also be restricted by law and any such restrictions should be observed.

Not financial product advice

ersonalThis Presentation does not constitute investment or financial product advice (nor tax, accounting or legal advice) nor a recommendation to acquire New Shares. Recipients of the Presentation should make their own enquiries and investigations regarding information herein, which is not intended to be relied upon as advice and has been prepared without taking account of any person's individual investment objectives, financial situation or needs. Before making an investment decision, investors should have regard to their own objectives, financial situation and needs and seek appropriate financial, legal, accounting and taxation advice.

Investment Risk

An investment in WTL shares is subject to known and unknown risks, some of which are beyond the control of the Group. WTL does not guarantee any particular rate of return or the performance of the Group, nor does it guarantee any particular tax treatment.

Financial data

All references to dollar values, cents, $, AUD, or A$ in this Presentation are to Australian dollars ($), unless otherwise stated.

Certain financial information included in this Presentation are (i) "non IFRS financial information" as allowed under ASIC Regulatory Guide 230: "Disclosing non IFRS financial information" and (ii) "non GAAP financial measures" under Regulation G of the U.S. Securities Exchange Act of 1934, as amended - and do not have a prescribed definition under AAS or IFRS and therefore may not be directly comparable to similarly titled measures presented by other entities. These should not be construed as an indication of, or an alternative to, corresponding financial measures determined in accordance with AAS or IFRS. Although WTL believes these non IFRS financial measures provide useful information for measuring the financial performance and condition of the business, readers are cautioned not to place undue reliance on any non IFRS financial measures included in this Presentation.

Several figures, amounts, percentages, estimates and calculations of value in this Presentation are subject to the effect of rounding.

2

IMPORTANT INFORMATION

Forward-looking statements and forecasts

This Presentation contains certain "forward-looking statements" that are based on management's beliefs, assumptions and expectations on information currently available to management. Forward looking statements can generally be identified by the

onlyuse of forward looking words such as, "expect", "anticipate", "likely", "plan", "propose", "believe", "forecast", "estimate", "target", "guidance" and similar expressions within the meaning of securities laws of applicable jurisdictions. Such forward- ooking statements include statements regarding the timetable, conduct and outcome of the Offer and the use of proceeds thereof, statements about the plans, objectives and strategies of the Group and about the markets in which the Group operates and about future performance. Indications of, and guidance or outlook on, future earnings or financial position or performance, future earnings and distributions are also forward-looking statements.

Y u should not place undue reliance on forward looking statements. which are provided as a general guide only and are not indications, guarantees or predictions of future performance. The success of any of WTL's business strategies is subject to uncertainties and contingencies beyond its control, and no assurance can be given that they will be effective or the anticipated benefits will be realised in the period for which the forward looking statements may have been prepared or otherwise.

useOther risks may materially affect the future performance of WTL and the price of WTL's shares including risks and uncertainties not presently known to management or that management currently believe not to be material may also affect WTL's business.

No representation, warranty or assurance (express or implied) is given or made in relation to any forward-looking statement by any person (including WTL or any of its advisers). Except as required by law or regulation (including the ASX Listing Rules), WTL disclaims any obligation or undertaking to update forward looking statements in this Presentation to reflect any changes in expectations in relation to any forward looking statement or change in events, circumstances or conditions on which any statement is based.

Past performance

ersonalHistorical financial information given in this Presentation is given for illustrative purposes only and should not be relied upon as ( nd is not) an indication of the Group's views on its future financial performance or condition. Investors should note that past performance, including past share price performance, of WTL cannot be relied upon as an indicator of (and provides no guidance as to) future WTL performance including future share price performance.

Disclaimer

None of WTL nor any of their respective advisers nor any of their respective affiliates, related bodies corporate, directors, fficers, partners, employees or agents (together, the Beneficiaries), have authorised, permitted or caused the issue,

submission, dispatch or provision of this Presentation and, except to the extent referred to in this Presentation, none of them makes or purports to make any statement in this Presentation and there is no statement in this Presentation which is based on any statement by any of them.

To the maximum extent permitted by law, WTL and its advisers, and each of their respective Beneficiaries: (i) exclude and disclaim all responsibility and liability, including, without limitation, for negligence or for any expenses, losses, damages or costs incurred by you as a result of the information in this Presentation being inaccurate or incomplete in any way for any reason, whether by negligence or otherwise; and (ii) make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of information in this Presentation, and with regards to each of its advisers, and each of their respective Beneficiaries, take no responsibility for any part of this Presentation.

To the maximum extent permitted by law, you agree to release and indemnify WTL their advisers from and against all claims, actions, damages, remedies or other matters, whether in tort, contract or under law or otherwise, arising from or which may arise from or in connection with the provision of, or any purported reliance on, this Presentation and you covenant that no claim or allegations will be made against any of the them in relation to this Presentation.

Statements made in this Presentation are made only as at the date of this Presentation. None of WTL or its advisers nor any of their respective Beneficiaries have any obligation to update statements in this Presentation. The information in this Presentation remains subject to change without notice.

All references to time are to AEST, unless otherwise indicated.

Acknowledgement and representation and warranty

By attending or receiving this Presentation you acknowledge and agree that you understand the contents of this notice and that you agree to abide by its terms and conditions. By attending or receiving this Presentation you further agree, irrevocably and unconditionally, to submit to the non-exclusive jurisdiction of the courts of New South Wales, in respect of any disputes, actions, suits or proceedings arising out of, or relating to, this Presentation.

3