Ann: Update on launch of Carly in New Zealand, page-12

The Carly platform is ticking along, however we still have many vehicles available to rent and vice versa Drivemycar too.

The continuation of the same problem exists of the last couple years. DEMAND

Too resolve this I'm looking for:-

• Marketing/adverts/Special Offers/Social media influencers
• StudentVIP university demand beginning
• Corporate travel management deals
• Insurance related Car repair expansion to maybe NSW NRMA and QLD RACQ
• Travel agents commissions for Aussie Drive holidays with Webjet, Flight Centre
• Used Car Sales platforms tie-ins (Carsales, Cars Guide, Gumtree Cars)
• 3rd Party car rental Aggregators
• Uber/DMC expansion into WA, SA and ACT

This is just a few but the main issue still remains how are we generating new demand through existing proven demand channels (i.e. not moving drivers from DMC too Carly) right now this minute??

We have 3-5 months before the next capital raise and without revenue going up rapidly, it's back to the SH's to cough up again.

IMO, actual results right now and all year are below what is needed to make this successful.