Slide 1: ASX Announcement: Entitlement Issue Investor Presentation
ASX ANNOUNCEMENT 5 April 2023 For personal use only ENTITLEMENT ISSUE INVESTOR PRESENTATION Technology solutions company RemSense Technologies Limited (ASX: REM) (“RemSense”) is pleased to release the following Entitlement Issue Investor Presentation. -ENDS- This announcement has been approved for r
Slide 2: Investor Presentation – Be There Without Going There
RemSense Technologies Limited ASX:REM 5 April 2023 – Entitlement Issue Be There Without Going There For personal use only Investor P resen tatio n RemSense Technologies Ltd 2023 ©
Slide 3: Disclaimer
Disclaimer For personal use only The material in this presentation has been prepared by RemSense Technologies Limited (“Company”). This presentation may not be reproduced, redistributed, or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose wit
Slide 4: RemSense Primed for Growth
RemSense Primed for Growth For personal use only Virtualplant - developed for industry to solve real industry challenges to improve knowledge, productivity and safety Established Tier 1 clients Established Global Partnerships Forecast Cash Flow positive in CY 2023 Established route to Global
Slide 5: Who We Are
For personal use only WHO WE ARE We are a Digital Technology company engaged in industrial transformation using Digital Twins RemSense Technologies Ltd 2023 ©
Slide 6: Our people have years of extensive industrial experience
Our people have years of extensive industrial experience with tier 1 clients For personal use only Chris Sutherland Steve Brown Ross Taylor N O N - EPX EOC U S TI I TV EI COHNA I R M A N MANAGING DIRECTOR AND CEO NON-EXECUTIVE DIRECTOR P O S I T I O N Anthony Roe Jillian Rosich Rory O'Connor Adrian
Slide 7: Industry Challenge
INDUSTRY CHALLANGE For personal use only Employees lose almost Escalating costs and ESG two full working days each challenges managing week solving avoidable geographically distributed issues and searching for assets. project information.* * PlanGrid in partnership with management consulting firm FM
Slide 8: Challenges are Driving Global Digital Twin Market Demand
Industry O U R Challenges are Driving Global Digital Twin Market Demand P R O D U C T For personal use only Forecast 5 year Growth 80 73.5 Global Sector Drivers 60 • Healthcare sector USD B 40 • Industries with growing focus on predictive maintenance 20 6.9 0 2022 2027 Applications • Predictive main
Slide 9: Our Answer
O U R P R O D U C T OUR ANSWER For personal use only We have developed A photographic asset visualisation platform that fulfills the promise of VR/AI technology as a digital representation of plant assets (digital twin) that integrates with existing business operations and asset management systems t
Slide 10: Why virtualplant excites end users and software providers
Why does excite end users For personal use only and asset management software providers “We are really excited by the development of the integration of virtualplant to the IBM MAS suite of Applications, the visualisation of assets will provide immense value to our clients and creates a unique experi
Slide 11: The Problem
T H E P R O B L E M Forms based Intuitive visual interface Lacks accuracy Minimal training For personal use only Hard to navigate siloed data One source of truth Intensive training required Interface to existing systems Difficult to get complete picture Data Silos opened and accessible RemSense Tec
Slide 12: Our Product
O U R P R O D U C T For personal use only • Anywhere, Anytime on Any device • Developed, tested and operating in real world environments • AWS certified software • Relevant for any industry sector with a distributed asset base • Simplify collaboration across geographically dispersed and multi-functi
Slide 13: Product features
For personal use only Automated asset High Resolution identification and link to photogrammic digital twin existing client systems Automated corrosion detection IoT (Internet of things) data integration Secure external access for contractors and partners RemSense Technologies Ltd 2023 ©
Slide 14: We have significant opportunities
We have significant opportunities MILESTONES ACHIEVED: For personal use only Partnerships Strategy Growth RemSense Technologies Ltd 2023 ©
Slide 15: Milestone Achieved: Partnerships
MILESTONE ACHIEVED: For personal use only Partnerships In 2022 we started partnering and integrating with global industrial asset management and analytics system providers including IBM. Opportunities for virtualplant are exponentially larger than anticipated. Partners provide Global Route to Market
Slide 16: Initial focus on IBM Partnership
Initial focus on IBM Partnership For personal use only FULL SUPPORT AGREED ACTIONS CORROSION DETECTION Agreements and strategy signed. Jan - March 23: complete pilot programs and Agreed as first analytics product target. IBM Pilot programs underway. integrations, build marketing stories. intend to a
Slide 17: Opportunity: IBM & SAP Enterprise Asset Management
Opportunity IBM & SAP –Enterprise Asset Management For personal use only 40% $5B Scanning $150k ea $675M 29% SaaS $96k ea $432M pa market share Analytics $50k ea $225M pa 4,500 global users Opportunity $3,960M GLOBAL EAM MARKET TOTAL MARKET SIZE (5YEARS)* 10% Scanning SaaS $150k ea $225 M $96k ea $1
Slide 18: Milestone Achieved: Strategy
MILESTONE ACHIEVED: For personal use only Strategy We evolved our business strategy to match opportunities Redirected resources to Refreshed the marketing Developed new features to Reorganised and develop as a fully certified strategy to give greater features to extend the restructured the business
Slide 19: Milestone Achieved: Growth
MILESTONE ACHIEVED: For personal use only Growth R E F I N E P L A T F O R M U S E R G R O W T H Tier 1 clients utilising Prosecuting 77 qualified Pilot programs active across Global partnerships with virtualplant: direct sales opportunities in market sectors: major asset management - Woodside Energ
Slide 20: Revenue Model
Revenue Model For personal use only IN ITIA L S ET U P A N N UA L R EC U R R IN G S ite S canning S aaS Fees $50k to $550k $96k p er asset Integ ratio n with client Up d ated S canning system $25k to $250k p er asset gt; 50k A nalytics $50k Typical subject to asset size, number of assets and requeste
Slide 21: Rights Offer Information
Rights Offer Information* For personal use only Rights Offer Offer Price per Share $0.075 Schedule Highlights Offer Price per $0.15 Option $0.00 Ex date 6 April 23 Entitlement Ratio (based on existing Shares) 1:3 Entitlement Date 11 April 23 Shares currently on issue 91,099,465 Offer Opens 14 April
Slide 22: Contact
C O N T A C T For personal use only Be There Without Going There There Suit 173, Level 4, 580 Hay Street - rem@remsense.com.au Perth, WA (08) 6118 5610 www.remsense.com.au RemSense Technologies Ltd 2023 ©