Ann: 2020 AGM - CEO Presentation, page-4

Hi Harry,

A friend of mine listened to the AGM and supplied some key points:

• CEO stated he expects this to be the first of a number of contracts with Mastercard. Contract received at 6.00am this morning.
• Standard Charter is still active.
• CEO expects to provide information before Christmas regarding the Microsoft partnership
• ACCC testing process went well. Management are figuring out how to monetize the relationship.

It sounds as if the Mastercard relationship is collaborative in nature. So for those expecting an itemised receipt/bill from Mastercard - I think you are missing the point.

They have just started this relationship. However, the software is apparently being used for cross border payments. This is an incredible space to be in. Solving the regulatory problems for an organisation like Mastercard in this area is outstanding.

Also, the CEO and his team are getting it done. CEO John did state around mid year that he expected to sign contracts.

At these amounts for a start up, it is complete validation in my opinion.

Above is not financial advice and my opinion only.