Ann: Intiger Confirms Strategic Focus on Fintech Advice Solutions, page-4

The Board of Intiger Group Limited (ASX: IAM) (Intiger or the Company) is pleased to advise the market that a recent strategic review of its operations re-affirmed that it will renew its focus on meeting the needs of Australian Financial Services Licensees to provide large-scale, compliant quality advice. This includes providing complementary administration services to clients in addition to specific advice documents such as Statements of Advice. This focus includes successfully delivering quality output in relation to our pilot with the CBA referred to in the Company’s announcement of 4 May. Ultimately, scale requires the successful integration of the Company’s BOOM2 Artificial Intelligence solution to both complement and replace current methods of advice production. BOOM2 development and integration will be prioritized to meet the stated needs of existing clients and to solve problems faced by our prospective clients. Gaining maximum return for shareholders’ resources is a requirement that IAM takes very seriously. As a result of this strategic review, the Company has decided to close its Sydney office, resulting in the reduction of three roles in sales and customer support.