Slide 1: AI-powered LMS for the entire student journey
OPENLEARNING / ASX: OLL / AGM PRESENTATION For personal use only AI-powered LMS for the entire student journey. FY2025 Annual General Meeting CEO Presentation 27th May 2026 • Prepared by OpenLearning Limited
Slide 2: SaaS ARR growth accelerates +35% YoY
Q1 FY26 RESULTS SaaS ARR growth accelerates +35% YoY. Seventeen consecutive quarters of annualised SaaS revenue growth — driven by larger contracts, expanding adoption, and continued momentum across primary and growth markets. For personal use only $3.19m $12.5K+ 255 $1.26m +35% YoY +30% YoY +9 YOY
Slide 3: Step change in SaaS growth started in 2025
GROWTH MOMENTUM Step change in SaaS growth started in 2025. University partners are organically expanding their use of OpenLearning — driving passive revenue growth from the existing customer base. For personal use only SaaS ARR by quarter — A$ millions Organic expansion 3.19 University partners gro
Slide 4: Strong sales traction going into 2026
MARKET PENETRATION Strong sales traction going into 2026. Building institutional density market-by-market — each new institution strengthens the network effect for every other participant in that region. For personal use only Malaysia Philippines Australia 40%+ $2M+ 40+ of major HE institutions SaaS
Slide 5: Diversification of our revenue mix
REVENUE DIVERSIFICATION Diversification of our revenue mix. Excellent customer service builds loyalty, network effects, and drives long-term sales growth in new markets. For personal use only SaaS ARR by country (FY26 YTD) Diversification combined with Penetration OpenLearning continues to execute i
Slide 6: Trusted by world-class institutions
GLOBAL PARTNERSHIPS Trusted by world-class institutions. OpenLearning is trusted by universities, polytechnics, governments and employers across Australia, Malaysia, the Philippines, Indonesia and beyond. For personal use only TVET & Upskilling Govt. & Universities & Higher Learning Institutions Voc
Slide 7: From first click to first job
From first click to first job. OpenLearning is the only platform that takes students end-to-end — and delivers measurable outcomes at every stage. THE STUDENT JOURNEY For personal use only ATTRACT LEARN CREDENTIAL SHOWCASE EMPLOY Global marketplace AI-powered LMS Outcome-based assessment Lifelong eP
Slide 8: From education to employment
NEW BUSINESS From education to employment. Employability Advantage is now live. The Uni Guide now live in Q2 — both engineered to deepen our existing university relationships and unlock new commission-based revenue streams. For personal use only LIVE NOW LAUNCHED IN Q2 Acquired April 2025 and now re
Slide 9: OpenLearning is Mission Critical Infrastructure
CORE PLATFORM 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 employment platform, enabling institutions to procure a single platform to handle most of its requ
Slide 10: AI-Native LMS: 4x Increase in AI Usage in 1 Year
STRATEGIC ROADMAP 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 b est practices. These tools are now being used extensively by universities to uplifting teaching quality. Fo
Slide 11: How it works: Employment outcomes drive enrolments
STRATEGIC ROADMAP How it works: Employment outcomes drive enrolments. OpenLearning's platform creates compounding network effects that solve the two biggest challenges for universities. For personal use only SOLVES Attracting Domestic and International Students Employability outcomes and proof attra
Slide 12: New model for AI-driven student recruitment
STRATEGIC ROADMAP New model for AI-driven student recruitment.. Through The Uni Guide — OpenLearning's dedicated higher-education recruitment business — we provide a verified agent aggregator and consumer lead- gen channel without contracting dozens of agents directly. For personal use only OpenLear
Slide 13: Education to employment model to drive revenue growth
STRATEGIC ROADMAP Education to employment model to drive revenue growth. Student Profiles and Employability Advantage are the early foundations for AI Talent Search — the next major addressable market. For personal use only 1 2 3 4 Pre-2019 2019–2023 2024 onwards 2028 onwards Build brand & user base
Slide 14: CEO Comment
OPENLEARNING / ASX: OLL CEO COMMENT “ FY25 was a transformative year for OpenLearning, For personal use only and we’ve started FY26 with strong momentum AUTHORISED FOR RELEASE BY with SaaS ARR up 35% to $3.19m Adam Brimo Managing Director & CEO OpenLearning Limited Our AI-powered platform and integr