Slide 1: AI-powered SaaS Learning Management System
For personal use only AI-powered SaaS Learning Management System How AI is Transforming EdTech SaaS and Why OpenLearning is Well Positioned for the AI Era ASX: OLL Investor Presentation | 26 March 2026
Slide 2: Global AI-Powered SaaS LMS Growing at 30%+
Global AI-Powered SaaS LMS Growing at 30%+ OpenLearning is a leading AI-powered software-as-a-service (SaaS) learning management system (LMS) with 16 consecutive quarters of annualised SaaS For personal use only revenue growth and now entering an inflection point driven by larger contract wins and A
Slide 3: Building Our Value Drivers
Building Our Value Drivers For personal use only Accelerating SaaS Growth Successful Expansion in the Philippines 1 SaaS ARR increased 30% YoY in Q4, delivering more than 2 Strong penetration has seen Philippines join Australia 7% growth on the prior quarter and Malaysia to become our 3rd key market
Slide 4: Strong Penetration in Our Key Markets
Strong Penetration in Our Key Markets Building institutional density market-by-market with each new institution strengthening the network effect for all participants in that region. For personal use only Malaysia Philippines Australia 40%+ $2M+ 40+ of major HE institutions SaaS contracts in 12 month
Slide 5: Emerging Markets Sweet Spot
Emerging Markets Sweet Spot OpenLearning targets emerging markets where scalability, cost-effectiveness and AI-native technology are decisive advantages. Over time, all markets migrate For personal use only toward SaaS and aim to achieve similar educational outcomes — OpenLearning is positioned to c
Slide 6: Over 250 Education Providers Use OpenLearning
Over 250 Education Providers Use OpenLearning For personal use only OpenLearning has active SaaS agreements with over 250 education providers worldwide, empowering them to deliver online and face-to-face education. Universities and Higher Education OpenLearning is trusted by some of Australia and So
Slide 7: AI Accelerates Our Core Platform Advantage
AI Accelerates Our Core Platform Advantage For personal use only Core Platform Advantage Network Effects & Moats 1 Mission-critical infrastructure connecting all institutional 2 Lifelong portfolios, talent search, and marketplace stakeholders create compounding value AI-Accelerated Development Struc
Slide 8: OpenLearning is Mission-Critical Infrastructure
OpenLearning is Mission-Critical Infrastructure The LMS is one of two core platforms for running a university. OpenLearning goes beyond a traditional LMS with an all-in-one education to For personal use only employment platform. OPENLEARNING LIMITED | ASX: OLL | Investor Presentation 2026
Slide 9: Employment Outcomes Drive Student Enrolments
For personal use only Employment Outcomes Drive Student Enrolments OpenLearning's platform creates compounding network effects that solve the two biggest challenges for universities. SOLVES Attracting Students Employability outcomes and proof attract enrolments SOLVES Delivering Outcomes Verified sk
Slide 10: AI-Native LMS: 4x Increase in AI Usage in Year
AI-Native LMS: 4x Increase in AI Usage in 1 Year OpenLearning embeds generative AI tools across the platform that are uniquely grounded in learning sciences and educational best practices. These tools are For personal use only now being used extensively by universities to uplifting teaching quality.
Slide 11: AI Enables Expansion into International Student Recruitment
AI Enables OpenLearning to Cost Effectively Expand into International Student Recruitment For personal use only OpenLearning is expanding into the $7B+ international student recruitment market through The Uni Guide, an agent aggregator platform that connects universities with recruitment agents worl
Slide 12: AI Roadmap: Human-in-the-Loop Today, Agentic Ready
AI Roadmap: Human-in-the-Loop Today, Agentic Ready For personal use only Focus on integrating AI into existing LMS workflows reduces barriers to adoption for educators and aligns with institutional preference for human-in-the-loop tools. OpenLearning’s architecture enables rollout of Agentic AI when
Slide 13: One Platform, One Vendor, Lower Cost, Native Integration
One Platform, One Vendor, Lower Cost, Native Integration For personal use only Most EdTech companies sell simple add-ons to core platforms. AI makes it cheaper to build these features natively within OpenLearning. BEFORE: Fragmented EdTech Stack AFTER: OpenLearning Integrated Platform Plagiarism Vid
Slide 14: OpenLearning's Structural Cost Advantage
OpenLearning’s Structural Cost Advantage For personal use only Multi-tenant architecture + AI development velocity = lower pricing with faster innovation than incumbents Why we’re cheaper How we’re cheaper Why we stay ahead Self-hosted (Moodle/custom built software) $$ Domain expertise Traditional
Slide 15: We Sign Long Term Trusted Partnerships
We Sign Long Term Trusted Partnerships For personal use only Education institutions don't buy software the way startups do. Trust, support, and longevity matter more than features alone. Net Promoter Score of 70+ 5+ Year Certainty Institutions require hands-on onboarding, training Universities need
Slide 16: SaaS Growth Opportunity: Larger Contracts, Longer Terms
For personal use only SaaS Growth Opportunity: Larger Contracts, Longer Terms OpenLearning is monetising the platform in four phases with each building the scale needed to unlock compounding network effects. 1 2 3 4 Pre-2019 2019–2023 2024 onwards Coming soon Build brand & user base Transition to Sa
Slide 17: Why OpenLearning Wins in the AI Era
Why OpenLearning Wins in the AI Era For personal use only Core platform with deep multi-stakeholder integration that is extremely hard to replicate or displace Compounding network effects through lifelong portfolios, talent search, and the course marketplace AI-accelerated development enables featur
Slide 18: CEO Quote and Investor Relations Contact
For personal use only "We built OpenLearning to be the platform where every Authorised by student interaction creates lasting value. As we achieve Adam Brimo critical mass in each market, the network effects compound: Managing Director & CEO better outcomes attract more institutions, more institutio
Slide 19: Disclaimer
Disclaimer For personal use only This presentation has been prepared by OpenLearning Limited (The Company). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this
Slide 20: Thank you
For personal use only Thank you investors.openlearning.com