Announcement PDF H1 FY26 Investor Presentation 26 February 2026 Payment solutions provider driving innovation in the banking ecosystem 2 Delivering Innovative & Scalable Payments Solutions Payments as a Service Payment testing Full payment simulation Treasury, Fraud & Compliance Transaction processing – all major schemes Physical & digital cards (inc. Apple & Google Pay) ATM & POS emulation All major scheme validation Change provides tailored payment solutions, card issuing & testing to 150+ banks & fintechs across 40+ countries Two core proprietary technology platforms owned & developed in-house Mastercard & regulatory licences (AFSL & FSP) Processing (Global) Processing & Issuing (Australia & NZ) Deployed Software & APIs 85% of H1 FY26 Revenue Supports Prepaid, Debit & Credit 15% of H1 FY26 Revenue Platform offers innovative capabilities to rival the major banks in a capital efficient manner Processing capabilities/services plus client leverages Change’s licences & issuing capabilities Default standard for EFTPOS testing in Australia Global customer base incl. 5 of top 10 global digital payment companies Embedded into core processes Core based on global messaging standard ISO 8583 & ISO 20022 Payment Schemes & Standards  Record revenue half driven by strong Vertexon performance (PaaS & On-premises clients) Growth driven by increasing PaaS revenue & delivery of one-off licence sales & professional services revenue  Operating leverage inflection point driving significant Underlying EBITDA growth and maiden profit US$299m $ VALUE OF PaaS TRANSACTIONS PROCESSED4 IN H1 FY26 12% PCP Record revenue half – 3-year revenue CAGR of 25% 3 Key Highlights 1. AUD/USD = 0.70, all AUD amounts are converted for representation purposes to assist the reader 2. Underlying EBITDA excludes interest included as revenue & share-based payments included as an expense in statutory accounts 3. Includes Support & Maintenance & PaaS transaction fee revenue 4. Transactions are denominated in local currencies & have been converted to USD, Change’s reporting currency, for reporting purposes US$9.3m (A$13.3m)1 H1 FY26 REVENUE 29% PCP 9.8m NO. OF PaaS TRANSACTIONS PROCESSED IN H1 FY26 16% PCP 110k+ NO. OF CURRENT ACTIVE PaaS CARDS ON PLATFORM 66% PCP 70% OF REVENUE FROM RECURRING INCOME STREAMS3 H1 FY26 US$1.8m (A$2.6m)1 H1 FY26 UNDERLYING EBITDA2 US$2.3m PCP H1 FY26 Financial Results FY24 - 50 100 150 200 Q1 Q2 Q3 Q4 - 1.0 2.0 3.0 4.0 5.0 6.0 Q1 Q2 Q3 Q4 - 20 40 60 80 100 120 Q1 Q2 Q3 Q4 5 Vertexon PaaS Metrics & Revenue Model PaaS platform scaling with volume increasing as card numbers continue to grow Active Cards (thousands) 1.Transactions are denominated in local currencies & have been converted to USD, Change’s reporting currency Transactions Processed (millions) 110k+ cards active in AU & NZ Growth in existing client base – particularly fintech clients – significant new cards added September to December Prepaid cards as a portion of active cards has increased from 20% at June 2025 to 41% at Dec 2025 Prepaid cards have a different use case to debit cards. Generally, debit cards drive higher transaction activity NZ personal wealth management platform client launched in early October – volumes have increased strongly since launch Focus on growing PaaS platform to drive scale benefits (e.g. margin expansion), particularly in Australia Transaction Volumes (US$m1) PaaS – Revenue Types Description Platform Fees Recurring platform fees (e.g. access & feature ‘flag fall’ fees) & recurring monthly minimums Fixed Transaction Fees Flat fee per transaction Variable Transaction Fees Depending on transaction type, an additional variable fee may be applied Value-Added Services Additional fees for fraud protection, digital capability, analytics, chargeback handling, etc. Interchange Fee paid by the merchant acquirer to the issuer to compensate the issuer for the value & benefits merchants receive when they accept electronic payments FY25 FY26 Embedded Finance Fintech (AU & NZ ) (Processing & Issuing) Target launch Q3 FY26 - 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2.0 2.2 2.4 2.6 2.8 3.0 3.2 3.4 Accelerating PaaS Growth Program launch timelines reducing given PaaS platform fully live & operational Quarterly PaaS Revenue (US$) PLATFORM LIVE NEW ZEALAND FY24 FY25 PLATFORM BUILD PHASE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2x Credit Unions (NZ) 1x Building Society (NZ) (Processing & Issuing) 6 FY23 FY26 PLATFORM LIVE AUSTRALIA Credit Union (NZ) (Processing & Issuing) Fintech (AU) (Processing & Issuing) Fintech (NZ) (Processing & Issuing) Credit Union (NZ) (Processing & Issuing) Fintech (NZ) (Processing & Issuing) Fintech (NZ) (BIN Sponsorship - Issuing) Launched Q2 FY26 Global Fintech (AU) (BIN Sponsorship - Issuing) Target launch H2 FY26 Currently onboarding two new PaaS clients to the Vertexon Platform Change is powering the payments of leading financial institutions & fintechs across Australia & NZ Description New licence sales to new clients Licence sales for additional features, functionalities or tiers c.20% p.a. of licence & module sales Fees for customisation – new features or functionality Revenue type One-off upfront One-off upfront Recurring One-off Vertexon On-Premises & PaySim Revenue Model Vertexon On-Premises Client hosts the Vertexon platform in their own environment Current Change clients manage & process more than 45 million credit, debit, & prepaid cards worldwide Revenue model – typically a licence plus ongoing support & maintenance – can include volume tiering arrangements which trigger additional licence fees (plus associated support & maintenance) Card & transaction volumes have limited correlation to resulting revenue PaySim Software deployed to client’s environment – can be sold globally Revenue model – licence fee per module plus ongoing support & maintenance to receive scheme mandate updates & support Initial Licence Modules & Licence Tiers Maintenance Vertexon On-Premises & PaySim – Revenue Types Vertexon & PaySim are trusted by leading financial institutions & fintechs globally 7 Professional Services Scaling Revenue with Discipline & Focus 8 Revenue (US$m) – H1 vs H2 PaaS now the largest contributor of revenue 3.8 4.3 4.4 7.2 9.3 4.5 4.4 6.2 7.9 FY22 FY23 FY24 FY25 FY26 8.3 H1 H2 8.7 10.6 Record revenue half New client wins Established clients driving increased activity 40% 9% 31% 20% Revenue by Region (%) H1 FY26 SE Asia Oceania Latin America Rest of World Revenue by Service Offering (%) H1 FY26 Support & Maintenance Processing & Issuing (PaaS) Professional Services Licenses 33% 53% 2% 13% Growing client base in AU & NZ driving PaaS revenue Growing Oceania presence & increasing client reference-ability 2.2 3.7 4.6 2.3 3.5 4.7 3.0 3.9 3.2 4.0 FY24 FY25 FY26 Q1 Q2 Q3 Q4 Revenue by Quarter (US$m) 15.1 Recurring revenue providing a solid base for future growth 9 Resilient & Expanding Recurring Revenue Base 3.7 1.6 2.5 7.8 1.2 0.2 1.4 9.3 PaaS Support & Maintenance One-Off Total Support & Maintenance One-Off Total Total¹ Revenue Contribution (US$m) H1 FY24 H1 FY25 H1 FY26 PaaS (Recurring) - 2.9 3.7 Support & Maintenance (Recurring) 2.5 2.7 2.8 Licence & Professional Services (One-off) 1.7 1.5 2.7 Other 0.2 0.1 0.1 Total 4.4 7.2 9.3 % Recurring Revenue 56% 78% 70% H1 FY26 PaaS revenue up 27% on pcp Team in place to continue to deliver one-off work for established base of existing clients Delivering licence sales & professional services projects above historical run rates Global client base – approx. revenue split by currency: 70% USD / 20% NZD / 10% AUD US$6.5m (A$9.3m) Recurring Revenue in H1 FY26 – 70% of Revenue H1 FY26 Revenue (US$m) AUD/USD = 0.70 (A$ amounts are converted for representation purposes to assist the reader) 1. Total revenue includes $100k of other revenue Profit & Loss H1 FY26 revenue of US$9.3m (A$13.3m), up 29% on pcp Record revenue half – growth driven by PaaS revenue & professional services projects with established client base Key roles for PaaS operations in place – ability to add significant volume & revenue whilst keeping fixed cost base relatively steady Technology & hosting cost decrease reflects US operations cost out US operations wind down completed in H2 FY25 Loss (admin & wind down costs to progress liquidation of US entity) of US$41k in H1 FY26 vs. a loss of US$814k in H1 FY25 Positive H1 FY26 Underlying EBITDA of US$1.8m (A$2.6m) vs. H1 FY25 Underlying EBITDA loss of US$0.5m (A$0.7m) Maiden profit of US$0.6m (A$0.9m) for H1 FY26 10 Material EBITDA improvement driven by revenue growth & stable fixed cost base AUD/USD = 0.70 (A$ amounts are converted for representation purposes to assist the reader) (1.0) (0.7) (0.5) 1.8 (0.2) - 0.7 FY23 FY24 FY25 FY26 Underlying EBITDA (US$m) – H1 vs H2 (1.2) (0.7) +0.2 H1 H2 COGS are primarily scheme & connectivity fees which are attributable to Processing & Issuing H1 FY26 PaaS margin of 30% (vs. 26% in FY25): As expected, margins starting to expand with increasing scale Still undertaking client onboarding activities – scheme project & certification costs with new clients & existing clients expanding product offering (e.g. digital pays) Fixed COGS (i.e. minimum threshold / connectivity fees) Expect significant margin expansion in future years as scale benefits begin to be realised 1. Excludes share-based payments included as an expense in the Appendix 4D statutory accounts 2. Excludes interest included as revenue +1.8 Balance Sheet 11 Cash holdings of US$2.6m (A$3.7m) Additional US$1.4m (A$2.1m) held in cash-backed security guarantees relating to card issuing activities Other non-current assets are security guarantee requirements of Change’s scheme & processing partners to enable PaaS offering Intangibles represent the carrying value of software including capitalised development costs Client settlement funds of US$2.5m (A$3.5m) are offset by the corresponding scheme settlement payable US$2.3m (A$3.3m) Current contract liabilities (deferred income) of US$3.2m (A$4.6m) represents maintenance, service fees & project fees invoiced in advance of the service being provided – will be recognised as revenue over next 12 months as work is delivered Other non-current liabilities includes US$1.0m incentive payment received in June 2023 from Mastercard Will be progressively recognised as revenue in future periods as various transaction related milestones are achieved AUD/USD = 0.70 (A$ amounts are converted for representation purposes to assist the reader) Cashflow 12 Cash receipts of US$7.8m (A$11.2m), up 10% on pcp Growth in PaaS business driving increase & smoothing of cash receipts (clients invoiced monthly in arrears) Cash payments to suppliers / employees of US$7.8m (A$11.2m) Increase primarily driven by transaction costs (COGS) relating to PaaS ramp up Software investment relates to capitalised software development Running at a sustainable level & as expected, post PaaS platform launch H1 is typically a higher cash usage period relative to H2 – H2 cashflow expected to significantly improve over H1 US costs (including one-off costs) substantially removed from March 2025 onwards – positive cashflow impact AUD/USD = 0.70 (A$ amounts are converted for representation purposes to assist the reader) (1.1) (1.1) (0.4) 0.0 H1 FY23 FY24 FY25 FY26 Net Cash from (used in) H1 Operations (US$m) Cash flow positive from Operations for the first time in a H1 Operational Highlights & Outlook Sales team now focused on outbound sales ‘hunting’ 14 Large Market Opportunity Banking in ANZ is dominated by the big banks Leveraging success in NZ market to target the sizeable AU market Small to medium sized financial institutions (e.g. credit unions, small banks & digital banks) Non-bank lenders seeking to add card functionality, non- financial institutions & embedded finance opportunities Credit cards (but not underwriting or providing credit) White label prepaid card brands / issuers Powerful modular end-to-end payments testing & certification solution with a global client base Global payment testing market is estimated to be extensive2 More than 32,000 potential clients globally New licence sales typically in the low six-figure range Multi billion-dollar global market opportunity Current 140+ PaySim clients is less than 0.5% of total market Global clients supported from existing office locations Vertexon PaaS – ANZ Opportunity PaySim – Global Opportunity 1. Sourced from RBA Data & The Initiatives Group, Market Sizing for Vertexon – Australia & New Zealand Report. FY25-FY28 Forecasts 2. Sourced from The Initiatives Group, PaySim Market Review Report - 200 400 600 800 1,000 1,200 1,400 1,600 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 Debit Card Credit Cards Australian Card Payments1 Value A$ (billions) FY20–FY24 CAGR Debit Cards 12.8% Credit Cards 6.8% FY24–FY28 CAGR(F) Debit Cards 11.8% Credit Cards 4.2% Key Operational Achievements – H1 FY26 Clear & focussed operational roadmap to deliver shareholder value 15 Commercial Integrated marketing campaign automation tool & commenced marketing nurtures for Vertexon and PaySim Expanded partnership ecosystem – signed 3 new PaySim partners and new BIN sponsorship partnership with a global processor Launched first BIN sponsorship client in NZ Product Significantly enhanced Vertexon PaaS digital capabilities Enhanced digitisation / tokenisation offering and broadened SDK to enable faster and deeper client integration Continued progressing PaySim modernisation project – completed 64-bit upgrade to increase testing capacity Enhanced the PaySim ISO 20022 product offering Implemented dual domestic eftpos network connectivity in NZ Operations Strengthened Vertexon PaaS platform monitoring to maintain high availability as volumes continue to scale Undertook ongoing High Availability infrastructure improvements Deepened AI integration across the business to strengthen competitive position, drive growth and margin expansion Rapid AI evolution now creating significant opportunity for Change 16 Strengthening Change’s Moat & Accelerating Growth Current & Previous State – already utilise AI in products (e.g. fraud monitoring) & over the last 24 months deployed AI to assist development & other business units Now & Future State – embedding agentic AI across development, operations and client delivery Will enhance structural advantages and drive operating leverage Proprietary platform control – faster execution vs. competitors reliant on third parties 20+ years of institutional trust – improves resilience & scalability Embedded proprietary business logic – compounding advantage as AI trains on internal data Scheme certifications & regulatory compliance – requires years of experience, trust & relationship- building that cannot be shortcut by AI Faster product releases – development cycles compressed from months to weeks Higher client onboarding throughput – reduced implementation timelines More customisation capacity – improved ability to win complex clients Improved client responsiveness – stronger retention & cross-sell expansion Increased developer productivity – greater output per employee Automation assistance with support & reporting Reduced rework & testing cycles Operational task automation – workflow enhancement to reduce manual engagement Expanded operational capacity – AI augments teams and will drive financial efficiency Defending & Deepening Moat Revenue Acceleration Margin Expansion & Operating Leverage AI is a Force Multiplier Across Change’s Platforms Positive outlook as Change builds momentum & continues to scale 17 FY26 Outlook  Strong start to FY26 with H1 revenue & EBITDA ahead of target¹  H1 FY26 revenue of US$9.3m (A$13.3m2), up 29% on H1 FY25  Rolling 3-year revenue Compound Annual Growth Rate (CAGR) increased to 25% for the period ended H1 FY26  Underlying EBITDA of US$1.8m (A$2.6m) for H1 FY26  Revenue – GUIDANCE UPGRADED3  Underpinned by significant portion of ‘recurring’ revenue – PaaS transaction fees & Support & Maintenance  Underlying EBITDA4 – GUIDANCE UPGRADED3  Increasing operating leverage – upgrade represents a 15% increase at the midpoint compared to previous guidance  Cash flow positive5 – ON TRACK 1. Ahead of target based on previous guidance announced on 10 July 2025 2. AUD/USD = 0.70 (A$ amounts are converted for representation purposes to assist the reader) 3. Revised guidance announced on 27 January 2026 4. Excludes interest included as revenue & share-based payments included as an expense in statutory accounts 5. Excludes any of the Company’s funds that may be required to be held for security deposits relating to its PaaS business or for any future strategic initiatives the Company may decide to undertake FY23 FY24 FY25 Previous FY26 Guidance Upgraded FY26 Guidance (US$m) (US$m) (US$m) (US$m) (US$m) (A$m) Revenue 8.7 10.6 15.1 16.5 - 18.0 17.5 - 18.5 25.0 - 26.4 Underlying EBITDA (1.2) (0.7) 0.2 2.5 - 3.5 3.1 - 3.8 4.4 - 5.4 18 Investment Highlights With strong foundations in place, Change is focussed on delivering profitable growth Platform live in AU & NZ All regulatory & licensing requirements for card issuing via Vertexon in AU & NZ in place Australian Financial Services Licence in AU & Financial Service Provider in NZ Strong relationship with Mastercard PaaS revenue scaling Engaged & active existing client base Increasing sales momentum Positive FY26 outlook – strong revenue growth & stable fixed cost base driving material Underlying EBITDA improvement Strong validation of PaaS platform with financial institution & fintech clients in Oceania Long-term relationship with two of the largest banks in the Philippines 5 of the top 10 digital payment companies globally use PaySim for payments testing¹ Building Blocks In Place Growth & Scale Focus Marquee Customers Proprietary payments technology platforms Vertexon: leading card management system for processing & issuing PaySim: default standard for eftpos testing in Australia. All participants must use PaySim to validate their technology & systems Longer term client relationships with initial contract terms typically 3-5 years Given critical nature of service provided, challenging to switch from Vertexon Continued move towards digital payments as cash usage declines Vertexon: significant card issuing market opportunity in AU & NZ PaySim: <0.5% share of an estimated multi billion-dollar global market opportunity Product Offering Long-term Contracts Market Opportunity 1. https://www.emergenresearch.com/blog/top-10-leading-digital-payment-companies-in-the-world Appendix Processing: Customer pays with card (all card networks supported) & purchases goods/services from merchant P&I: Customer pays with a Change issued Mastercard & purchases goods/services from a merchant Payment authenticated – the merchant point-of-sale system captures the customer’s account information & securely sends it to the acquirer (i.e. merchant’s bank) Transaction submitted – merchant acquirer asks card network to get authorisation from the issuer (i.e. customer’s bank) Processing: Authorisation requested – card network submits transaction to issuer for authorisation P&I: Authorisation requested – card network submits transaction to Change (as Issuer) for authorisation Processing: Authorisation response – using Vertexon Platform issuer authorises the transaction & routes the response back via the card network & acquirer P&I: Authorisation response - using the Vertexon Platform Change (as Issuer) authorises the transaction & routes the response back via the card network & acquirer Processing: Settlement – card network debits the issuer & pays the acquirer who in turn makes payment to the merchant P&I: Settlement – card network (Mastercard) debits the issuer (Change) & pays the acquirer who in turn makes payment to the merchant Vertexon in the Payments Process Change’s role in the payments process depends on the region, client type & services provided 20 Cards can be physical & virtual cards (inc. Apple Pay, Google Pay, etc.) available via Vertexon  Processing: An Issuer (Change’s client) using the Vertexon Platform (technology only) to manage their cards – client is the Issuer & cards can be issued on any card network supported by Vertexon  Processing & Issuing (P&I): A client using the Vertexon Platform (technology) to manage their cards with Change as Issuer (regulatory & licence) – Change is the Issuer & cards are issued on the Mastercard Network 1 2 3 4 5 6 Merchant Acquiring Bank (Acquirer) Card Networks Issuing Bank (Issuer) Change (as Issuer) 1 3 4 5 5 2 5 6 Vertexon Product Offering Vertexon offering can be tailored by client to offer services that best suit client & end customer needs 21 Processing Processing & Issuing Overview • Provide core technology to enable card issuing & management including: o Transaction processing o Card management o Fraud monitoring o Digital & virtual cards o BNPL functionality • Platform offers innovative processing capabilities to rival the major banks in a capital efficient manager (Change responsible for PCI DSS compliance, hosting etc) • Client responsible for card issuing – client holds the necessary scheme & regulatory licences • Provide Processing capability + the following key card Issuing capabilities: o Card design & production o Card issuing o AML / CTF o Settlement & reconciliation o KYC & Onboarding • Change responsible for card issuing – Change holds the necessary scheme (Mastercard) & regulatory licences (i.e. AFSL in Australia, FSP in NZ) Cards Supported • Prepaid, Debit & Credit • Prepaid, Debit & Credit Target Clients • Banks & financial institutions • Large entities with direct issuing capability • Migration of key existing Vertexon On-Premises clients • Mid / Small banks & financial institutions incl. credit unions • Fintechs & corporates • BIN sponsorship Regions • Global - processing does not require scheme or regulatory licences • Australia & New Zealand Supported Schemes Total Card Payment Spend NZ$109 billion Market Overview – New Zealand 22 1,137 897 New Zealand Card Payments1 Volume (millions) Debit Credit 57 52 Value NZ$ (billions) Total Card Payment Transactions 2 billion+ Annualised Run Rate Market Share Transaction Volume c.19.4m <1% Transaction Value c.NZ$1.0b <1%  Banking in New Zealand is dominated by the Big 4 banks  27 registered banks plus several credit unions & building societies  No payment aggregation services providers for smaller players & historically limited innovation outside the Big 4 Banks  Estimated that small financial institutions make up just less than 10% of the market¹  In addition to continuing to target the financial institution market segment, there are further opportunities in:  Prepaid cards – current clients include employee benefits provider & a prepaid gift card client signed in Q1 FY25  Further opportunities in insurance, gaming, government & healthcare sectors  Debit card – current client includes personal wealth management client with >500k members signed in Q2 FY25  Further opportunities include non-bank corporate lenders, embedded finance & other non-financial institutions  Change estimated debit market share2 of small financial institutions is approx.15% 1. Sourced from The Initiatives Group, Market Sizing for Vertexon – Australia & New Zealand Report 2. Excludes ATM transactions processed by Change Market Overview – Australia 23 Card based payments now dominate transaction volume in Australia 1. Sourced from RBA Data & The Initiatives Group, Market Sizing for Vertexon – Australia & New Zealand Report. FY25-FY28 Forecasts Australian Annual Transaction Volume by Type of Retail Payment1 - 5.0 10.0 15.0 20.0 25.0 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 Debit Card Credit Cards Australian Card Payments1 Volume (billions) - 200 400 600 800 1,000 1,200 1,400 1,600 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 Debit Card Credit Cards Value A$ (billions) FY20–FY24 CAGR Debit Cards 10.5% Credit Cards 5.8% FY24–FY28 CAGR(F) Debit Cards 12.9% Credit Cards 3.5% FY20–FY24 CAGR Debit Cards 12.8% Credit Cards 6.8% FY24–FY28 CAGR(F) Debit Cards 11.8% Credit Cards 4.2% 0 2 4 6 8 10 12 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total Number of Transactions (billions) Debit Cards Credit & Charge Cards Direct Debit Direct Credit ATM Cash Withdrawals Cheques NPP Scheme & EFTPOS Debit Cards 4-Party & 3-Party Credit & Charge Cards Market Overview – Australia (cont.) 24 Total A$320 billion 146 437 Australian Card Payments Value1 Debit Cards Addressable Market Big 4 Banks Major Card Providers & Closed Networks 38 221 61 Personal Credit Cards Total A$583 billion 2 10 13 Prepaid Cards Total A$25 billion  Whilst the Big 4 banks have a significant position in the Australian card issuing market, there is a materially larger opportunity than in New Zealand  Change is seeking to leverage the recent success in the NZ market to target the sizeable AU market  Small to medium sized financial institutions (e.g. credit unions, small banks & digital banks)  Non-bank lenders seeking to add card functionality, non-financial institutions & embedded finance opportunities  Credit cards (but not underwriting or providing credit)  White label prepaid card brands / issuers 1. Sourced from RBA Data & The Initiatives Group, Market Sizing for Vertexon – Australia & New Zealand Report. FY25-FY28 Forecasts PaySim – Critical Payments Infrastructure Testing Tool  Simulates the full transaction lifecycle, enabling banks & fintechs to complete end-to-end testing of their payment platforms, processes & scheme rule compliance  Enables financial institutions to test their payment systems to meet the reliability & performance expectations of their customers PaySim enhances speed to market for clients by delivering automated, repeatable & scalable testing capabilities 25 PaySim is an all-in-one modular payments testing solution that enables:  Payment Simulation & Device Emulation  Stress Testing  Regression Testing  Certification  Scheme Settlement PAYSIM EMULATION PaySim Market Overview – Global 26  Extremely powerful modular end-to-end payments testing & certification solution embedded into tier 1 banking & payments institutions globally  Core based on global messaging standard ISO 8583 & ISO 20022  Default standard & benchmark for EFTPOS testing in Australia  Global payment testing market is estimated to be extensive¹  More than 32,000 potential clients (inc. card issuers, acquirers, ATM deployers, financial institutions & fintechs)  New license sales are typically in the low six-figure range  Multi billion-dollar global market opportunity  Key focus & opportunities for growth:  Partner / reseller network – leverage existing partner network to drive sales & secure new partners / resellers  Direct sales – outbound direct client sales supported by marketing activities  Cross sell / upsell – upgrade existing clients to adopt more modules & deepen integration into clients’ systems  Product development – new products & features to meet additional payments testing requirements 1. Sourced from The Initiatives Group, PaySim Market Review Report Number of PaySim Clients Market Share 140+ <0.5%  PaySim is a powerful payments testing tool, ensuring seamless transactions before they go live, can be sold globally & supported from Change's existing office locations 27 Building the Commercial Team to Drive Growth Sales & Marketing  Change continues to strengthen & evolve its sales team to be focused on outbound sales ‘hunting’ for Vertexon (Australia) & PaySim (Global) given the significant market opportunity Chief Commercial Officer 2x VP Bus. Dev. (Vertexon) VP Strategic Bus. Dev. (PaySim) VP Marketing 15+ Vertexon 140+ PaySim Our clients VP Bus. Dev. (Vertexon & PaySim) Asia Pacific VP Bus. Dev. (Vertexon & PaySim) LATAM Change Financial Limited ASX: CCA Important Information Important Notice This presentation has been prepared by Change Financial Limited (Change Financial) in good faith. No express or implied warranty is given as to the accuracy or completeness of the information in this document or the accompanying presentation. All statutory representations and warranties are excluded, and any liability in negligence is excluded, in both cases to the fullest extent permitted by law. No responsibility is assumed for any reliance by any person on this document or the accompanying presentation. Summary information The information contained in this presentation is a summary overview of the current activities of Change Financial. This presentation does not purport to be all inclusive or to contain all the information that a prospective investor may require in evaluating a possible investment. 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