Slide 1: ASX Announcement: Equity Capital Raise Presentation
Airtasker Limited ABN 53 149 850 457 17 November 2025 ASX Announcement Airtasker Limited (ASX:ART) Equity Capital Raise Presentation Airtasker Limited (ASX:ART) (Airtasker) is pleased to lodge the attached Equity Capital Raise Presentation provided to investors in conjunction with the institutio
Slide 2: Equity Capital Raise Presentation
Meet the Taskies: Chief 17 NOVEMBER 2025 EQUITY CAPITAL RAISE PRESENTATION *Not for release to United States wire services or distribution in the United States.
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by, and is the sole responsibility of, Airtasker Historical information Currency Limited (Airtasker, the Company or the Group) and is dated 17 November 2025. Past performance information in this presentation is given for illustrative purposes only and A
Slide 4: Executive Summary
EQUITY CAPITAL RAISE PRESENTATION Executive Summary 1 2 3 4 Strong start to FY26 with 1Q26 Airtasker UK 1Q26 revenue up Raising $10m equity capital by iHeartMedia - America’s no.1 Airtasker marketplaces1 83.3%2 on pcp and Airtasker way of a placement of fully paid audio media company with 276 revenu
Slide 5: 1Q26 Revenue Highlights
1Q26 Revenue1 Highlights Group Revenue2 Airtasker Marketplaces Revenue3 Airtasker International Revenue4 $13.8m $12.1m $1.5m 14.6% 20.5% 136.2% 1Q26 revenue 1Q26 revenue 1Q26 revenue on on pcp on pcp pcp 1. All amounts are unaudited. 2. All Airtasker marketplaces and the Oneflare marketplace. See sli
Slide 6: Airtasker AU 1Q26 Revenue up 12.8% on pcp
Airtasker AU1 1Q26 Revenue2 up 12.8% on pcp Airtasker Australia Revenue $10.6m ● 1Q26 revenue up 12.8% on pcp to $10.6m and on track for FY26 1Q26 revenue 12.8% double-digit growth. 1Q26 revenue on pcp ● 4Q25 (Jun-25) and 1Q26 (Sep-25) are low season being autumn/winter in the southern hemisphere. E
Slide 7: Airtasker UK 1Q26 Revenue up 83% on pcp
Airtasker UK1 1Q26 Revenue up 83% on pcp Airtasker UK GMV & Revenue ● 1Q26 revenue up 83.3% on pcp, to $1.1m (£0.5m). $20m ● 1Q26 TTM1 GMV2 up 72.7% on pcp, to $17.0m (£8.4m). Annualised GMV run rate ● 1Q26 TTM revenue up 114.8% on pcp, to $3.4m (£1.7m). C4 media partnership ● Maintaining solid GMV
Slide 8: Airtasker USA 1Q26 Revenue up 609% on pcp
Airtasker USA1 1Q26 Revenue up 609% on pcp Airtasker USA GMV & Revenue ● 1Q26 revenue up 609.1% on pcp, to $0.4m (US$0.2m). ● 1Q26 TTM2 GMV3 up 376.3% on pcp, to $4.1m (US$2.7m). $6.6m Annualised GMV run rate ● 1Q26 TTM revenue up 566.9% on pcp, to $0.9m (US$0.6m). ● Maintaining solid GMV ARR4 in lo
Slide 9: Airtasker to expand strategic partnership with iHeartMedia
Airtasker to expand strategic partnership with iHeartMedia to accelerate growth in the US Alongside a cornerstone investment of A$2.3m1 in ASX:ART, iHeartMedia will also expand it’s strategic partnership with Airtasker USA Inc providing an additional US$5.0m (A$7.6m2) in media and advertising resour
Slide 10: Australian market continues cash generation after covering global head office costs
Australian market continues cash generation after covering all global head office costs ● Australian marketplaces1 generated cash flows of ~$34.6m5 in FY25 1Q265 1Q255 FY255 FY245 (up 11.6% on FY24) after covering: ($m) ($m) ($m) ($m) ○ Australian sales and marketing; Australian marketplaces1 ○ Custo
Slide 11: Additional Information: Media Partnership Strategy
Additional Information: Media Partnership Strategy Strategy Airtasker’s media partnership strategy is designed to enable acceleration of brand awareness and market penetration with minimal cash outlay through the exchange of equity or issuer-convertible notes, which at Airtasker’s option, are: ○ in
Slide 12: Raising $10m equity capital to accelerate growth in the UK and US
Raising $10m equity capital to accelerate growth in the UK and US Raising equity capital of $10m to fund a disciplined program of targeted marketing investments and to provide additional balance sheet flexibility: Sources of funds $m Placement 10.0 ● Scale new market launch playbook (codenamed “SHPAB
Slide 13: Equity Raising Overview
Equity Raising Overview Terms Details • Airtasker is raising gross proceeds of $10.0m via an institutional placement (the Placement or the Oer). Oer Structure • The Placement comprises 33,333,333 million fully paid ordinary shares (New Shares) at an issue price o $0.30 per New Share (Oer Price).
Slide 14: FY26 Outlook
FY26 OUTLOOK ● Airtasker Australia1 to deliver solid double digit revenue growth. ● Exploring strategic options for Oneflare. ● Australian marketplaces generated ~$15.2m2 in free cash flow in FY25 - cash flow generation (ex Oneflare) to increase in FY26. ● Airtasker UK and US markets accelerate growth t
Slide 15: About Airtasker
Meet the Taskies: Britney Shears ABOUT AIRTASKER * Not for release to United States wire services or distribution in the United States. 14 14
Slide 16: The world's most trusted marketplace to buy and sell
OUR VISION The world’s most trusted marketplace to buy and sell local services. We connect people who need work done, with people who want to work. * Not for release to United States wire 15 services or distribution in the United States.
Slide 17: To empower people to realise the full value of their skills
OUR MISSION “Airtasker changed our lives. Even with full-time jobs, we couldn’t get ahead. By taking on extra cleaning tasks, we To empower people saved $60,000 in 12 months and bought our first home in Pakenham. It was hard work, but worth it — and now we’ve to realise the full started our own clean
Slide 18: Unique value proposition
Unique value proposition Open Community Infinitely Horizontal Built on transparency and Unifying a fragmented local services accountability to enable trust with an industry and creating entirely new eicient light touch operating model. service categories. For Customers: For Taskers: ● Super fast res
Slide 19: Competitive Landscape
COMPETITIVE LANDSCAPE Ecommerce model 1 Airtasker is uniquely positioned as a global platform for 2 local services Remote Local services outsourcing 1 Airtasker community model Free to join. Customers choose who they work with based on ratings, reviews and verified qualifications. *US/UK markets only.
Slide 20: Revenue model tightly aligns Airtasker with Tasker success
Revenue model tightly GMV 1,3 Revenue 2,3 aligns Airtasker with Sales tax 2.3% Insurance 0.7% Tasker success Revenue 21.6% Merchant fees How does Airtasker make money? 3.5% ● Free to post a task and receive oers. ● Free to access tasks and create quotes.4 ● Fees are charged when Customers and Taske
Slide 21: Growth Strategy
Meet the Taskies: Ray GROWTH STRATEGY * Not for release to United States wire services or distribution in the United States. 20 20
Slide 22: Growth strategy
Growth strategy 1 2 3 Core platform investment Profitable growth Scale in UK and US Invest in Airtasker brand and core platform Deliver profitable growth in Australia to Leverage platform and invest in new markets experience and maintain market leadership generate free cash flow turbocharged by media p
Slide 23: Media partnership strategy delivers growth re-acceleration
CORE PLATFORM INVESTMENT Media partnership strategy delivers growth re-acceleration In FY25, we successfully executed on our brand investment strategy alongside media partners oOh!media and ARN leading to a strong increase in brand salience (unprompted brand awareness) and a re-acceleration of both
Slide 24: Continue to invest in trust and improve sales funnel efficiency
CORE PLATFORM INVESTMENT Continue to invest in trust and improve sales funnel efficiency Enhance trust signals across profiles and oers to enable greater customer confidence and sales funnel conversion: ID verification (implementing for Australian Taskers) SERR1 tax compliance (implementing for Austra
Slide 25: Address platform leakage and improve purchase frequency
CORE PLATFORM INVESTMENT Address platform leakage and New rebooking fee structure launched Aug-25: improve purchase frequency Significant opportunity to address leakage and increase purchase frequency by enabling customers to rebook Taskers they’ve previously hired by addressing: ● Fee structure - lo
Slide 26: Going turbo: Scale in UK and US
GROWTH STRATEGY Going turbo: Scale in UK and US * Not for release to United States wire 25 services or distribution in the United States.
Slide 27: We have a proven model to build profitable, cash generative marketplaces
SCALE IN UK AND US 112 FY25 We have a proven model 25 $190m+ to build profitable, cash 20 91 generative marketplaces 68 15 AUD million In FY25, our Australian marketplaces generated ~$34.6m of cash flow: 36 10 9.7 1 Revenue $49.2m 8.4 6.8 Expenses2 $14.6m 12 Cash flow3 $34.6m 5 2.2 1.2 0 FY16 FY17 FY18
Slide 28: Opportunity to leverage our scalable software platform
SCALE IN UK AND US Opportunity to leverage our scalable software platform, turbocharged by local media partnerships Australian marketplaces generate cash flow in excess of software platform and $19.4m2 head oice infrastructure investment investment (ASX:ART) Opportunity to leverage software platform
Slide 29: New city-level marketplace goal: $25m GMV ARR and cash positive in 3 years
SCALE IN UK AND US New city-level marketplace goal: $25m GMV ARR and cash positive in 3 years Our city-level marketplace1 goal is to reach a GMV ARR2 of $25m in 3 years from launch. In the UK, we launched with media in October 2023 and in the US we launched with media in September 2024. At $25m GMV
Slide 30: Growth momentum building: UK hits $21m and US hits $7.5m GMV ARR
SCALE IN UK AND US Growth momentum building: UK hits $21m and US hits $7.5m GMV ARR in June 2025 Airtasker UK reached GMV ARR of $21m in Jun-25 at 21 months from launch date (Oct-23) Airtasker US reached GMV ARR of $7.5m in Jun-25 at 10 months from launch date (Sep-24) In FY26, Q1 and Q2 to maintain
Slide 31: Key Risks
Key Risks This section sets out some of the key risks associated with an investment in Airtasker, which may Brand marketing aect the value of Airtasker shares. The risks described below are not necessarily listed in order The Group has adopted a global strategy of pursuing above the line brand mark
Slide 32: Key Risks (continued)
Key Risks (continued) Compliance with and changes to laws and regulations Use of the Group’s marketplaces The Group operates in a sector where laws and regulations relating to its operations are evolving. The Group is not reliant on any one customer or tasker or a concentration of a few customers or
Slide 33: Key Risks (continued)
Key Risks (continued) Share purchase liabilities Data breaches and other data security incidents The Group has entered into media partnerships involving the issue of equity and The Group and its suppliers collect a wide range of personal and service usage data and other issuer-convertible notes. At
Slide 34: Airtasker
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