Ann: CCR - Morgan Stanley Latest & Greatest in IPOs Presentation, page-7

Hi there,

Just finished watching the Morgan Stanley webinar presentation and noted the following:

1. The new major contract with an ASX 20 company was going to be announced today but Credit Clear are having a meeting with them later today as the new client wants to "extend the scope" of the business. Credit Clear said that the new client is in a new industry/vertical and that they would become Credit Clear's largest subscription client (they mentioned AGL is currently their largest subscription client at $25k/month). Credit Clear will be covering the spectrum of debt collection for them i.e. front end reminders plus longer and larger debts. Credit Clear anticipates making an announcement on this next week.

2. Their competitive advantage is their ability to onboard clients quickly - feedback they have got from clients and the market.

3. Digital collection is growing (4x what it was last year).

All the best to investors!