Slide 1: Wrkr Capital Raise & FY26 Q4 Update
INVESTOR PRESENTATION Wrkr Capital Raise & FY26 Q4 Update Raising from a position of strength — a contracted pipeline converting to recurring revenue. 22 July 2026 Authorised for release by the Board of Wrkr Ltd ASXWRK Wrkr Ltd ACN 611 202 414 · Suite 10.01, Level 10, 151 Castlereagh St, Sydney N
Slide 2: Disclaimer and important notice
IMPORTANT NOTICE Disclaimer and important notice Overview No cooling off This investor presentation ("Presentation") has been prepared by Wrkr Ltd ACN 611 202 414 ("WRKR" or the "Company") and is dated 22 July 2026. By attending an Cooling off rights do not apply to the acquisition of New Shares.
Slide 3: Disclaimer and important notice (continued)
IMPORTANT NOTICE Disclaimer and important notice (continued) Lead Manager & Limited Parties Morgans Corporate Limited ABN 32 010 539 607 Lead Manager) is acting as lead manager and bookrunner to the Placement. The Lead Manager, its Further, the Lead Manager Parties do not accept any fiduciary obl
Slide 4: What we'll cover
AGENDA What we'll cover The company, performance & outlook 01 Who we are and financial performance Capital raising summary 02 The offer, use of funds and timetable Appendices 03 Key risks, international restrictions & leadership Wrkr Ltd ASXWRK 4
Slide 5: The company, performance & outlook
01 THE BUSINESS The company, performance & outlook Who we are, the platform and financial performance. Wrkr Ltd ASXWRK
Slide 6: A Regtech company transforming compliance from hire to retire
WHO WE ARE A Regtech company transforming compliance from hire to retire Our purpose is to make compliance effortless — a unified platform proven first in the high-trust world of superannuation, now extending across the employment lifecycle. OUR PURPOSE Make compliance effortless Compliance. Simple. O
Slide 7: Four segments — a ~$3.7B market, ~$0.7B immediately addressable to Wrkr
MARKET OPPORTUNITY Four segments — a ~$3.7B market, ~$0.7B immediately addressable to Wrkr A large overall market across three monetised segments — with our immediately addressable TAM the realistic, winnable slice for the Wrkr platform. Direct-to-Consumer is Horizon-3 upside; each segment has a liv
Slide 8: Contracted base converting to platform
WHERE WE ARE AT Contracted base converting to platform CLEARINGHOUSE USERS CONTRACTED ORGS CONTRACTED CLICKSUPER CONVERSION ~4.4M ~111,000 +600,000 Fund · ex ClickSuper & Wrkr Direct target funds — standing base, targeted growth to 250K existing ClickSuper users being converted to the Wrkr tenant Me
Slide 9: FY27 revenue vs Illustrative ARR growth-rate
THE STEADY BUILD TO ARR · SCENARIOS FY27 revenue vs Illustrative ARR growth-rate Revenue resets to $0 at year start and builds across FY27. The green line is base case revenue, assuming no new users are added from today. The dotted lines represent the FY27 ARR exit run-rate based on onboarding scena
Slide 10: Receipts covering operating payments
Q4 FY26 · FINANCIAL HIGHLIGHTS (UNAUDITED) Receipts covering operating payments Q4 cash receipts Net operating cash flows Strategic capital investment $6.7m $0.5m $2.7m up from $4.3m in Q3 receipts covering operating payments continued platform investment RECEIPTS & INVESTMENT OPERATING PAYMENTS DOW
Slide 11: Timing of revenue recognition, not underlying demand
FY26 · FINANCIAL HIGHLIGHTS (UNAUDITED) & OUTLOOK Timing of revenue recognition, not underlying demand FY26 cash receipts Net operating cash flows Strategic capital investment $18.2m ($1.6m) $8.0m FY25 $9.9m · MUFG & ART dev & implementation; SMSF Hub; float interest; FY25 $0.6m · project delivery &
Slide 12: Confidence when all eyes are on Wrkr
PLAY OFFENCE, NOT DEFENCE Confidence when all eyes are on Wrkr Confidence for the funds already on Wrkr, the prospects deciding, and investors backing us — as some of the largest market shifts in 20 years play out. With the platform built, capital converts a contracted pipeline into recognised, recurr
Slide 13: The controlled onboarding ramp was a choice
WHY REVENUE RECOGNITION LAGGED The controlled onboarding ramp was a choice Part deliberate choice, part market reality. Two investments made with the funds slowed employer onboarding on purpose to protect quality and trust — and the pace is also set by the market and by landmark fund programs, not b
Slide 14: Capital raising summary
02 THE OFFER Capital raising summary The offer, use of funds and indicative timetable. Wrkr Ltd ASXWRK
Slide 15: Wrkr to raise approximately $12m via an institutional placement and Share Purchase Plan
CAPITAL RAISING OVERVIEW Wrkr to raise approximately $12m via an institutional placement and Share Purchase Plan Approximately 133.3 million New Shares issued at A$0.075 per New Share, within the Companyʼs existing placement capacity under ASX Listing Rule 7.1. (under the Placement) Placement Share
Slide 16: Why are we raising
CAPITAL RAISING OVERVIEW Why are we raising Wrkr has maintained its contracts through MUFG with six administered Funds, including REST and AustralianSuper, to provide a Payday Super-ready clearing house and digital onboarding solution. Along with Wrkr's existing direct customer base, Wrkr continues
Slide 17: Use of funds — subject to successful negotiations
CAPITAL RAISING OVERVIEW Use of funds — subject to successful negotiations 1 Customer onboarding & revenue generation — Fund onboarding, platform enhancements, extended hypercare and transition to recurring transaction revenue. 2 Payroll integrations — expand payroll/HCM integrations, including Work
Slide 18: Impact on Wrkr's capital structure
CAPITAL RAISING OVERVIEW Impact on Wrkr's capital structure Indicative post capital raising. No. of shares % Current ordinary shares on issue 1,998,969,062 93.7% New Shares issued Placement) 133,333,333 6.3% Estimated ordinary shares on issue post Placement 2,132,302,395 100.0% Up to an additional
Slide 19: Indicative timetable
KEY EVENTS Indicative timetable Event Date Trading Halt 21 July 2026 SPP Record Date 7:00pm 21 July 2026 Announcement of completion of the Placement and of the SPP; trading resumes 22 July 2026 Settlement of New Shares issued under the Placement 27 July 2026 Allotment of New Shares issued under the
Slide 20: Pro forma balance sheet — $10m placement
CAPITAL STRUCTURE · PRO FORMA Pro forma balance sheet — $10m placement Placement only — the SPP is not pro forma'd here. Balance sheet as at 30 June 2026 (unaudited), pre and post $10m placement. Line item Current ($) Pro forma (+$10m) ($) Cash & equivalents 10,139,327 20,139,327 Other current asset
Slide 21: Appendices
03 APPENDICES Appendices Key risks, international offer restrictions & leadership. Wrkr Ltd ASXWRK
Slide 22: Key risks
APPENDIX A Key risks The key risks that may affect an investment in Wrkr. Wrkr Ltd ASXWRK 22
Slide 23: Overview & business risks
KEY RISKS Overview & business risks Overview Unanticipated market changes This section summarises some of the key risks that may affect the future performance of an investment in Wrkr. This is not an The superannuation and/or payments markets may change in a way not anticipated by Wrkr — for example
Slide 24: Business risks (continued)
KEY RISKS Business risks (continued) Failure in technology Reliance on internet access Providing Wrkr's services requires sophisticated systems and technology. A failure in these systems, or those of key service providers, Wrkr depends on its customers and payment recipients being able to access its
Slide 25: Capital raising specific & general risks
KEY RISKS Capital raising specific & general risks CAPITAL RAISING SPECIFIC GENERAL Dilution Risks of an investment in shares Investors who do not participate in the Placement will have their percentage holding in Wrkr diluted. Investors may also be diluted by There are general risks associated with
Slide 26: International offer restrictions
APPENDIX B International offer restrictions Foreign selling restrictions for New Zealand, Singapore and Hong Kong. Wrkr Ltd ASXWRK 26
Slide 27: Foreign selling restrictions
INTERNATIONAL OFFER RESTRICTIONS Foreign selling restrictions New Zealand Singapore This document has not been registered, filed with or approved by any New Zealand regulatory authority under the Financial Markets Conduct This document and any other materials relating to the New Shares have not been
Slide 28: The team executing the strategy
LEADERSHIP The team executing the strategy Executive leadership and Board overseeing Wrkr's growth into Payday Super and beyond. Wrkr Ltd ASXWRK 28
Slide 29: Executive & leadership team
EXECUTIVE & LEADERSHIP TEAM Executive & leadership team Karen Gilmour · CFO Joe Brasacchio · CTO ComplyPath founder) KG JB Over 15 years experience in senior finance management across banking & finance, commodities and construction Over 20 years leading high-profile digital transformations, co-desi
Slide 30: Board
BOARD OF DIRECTORS Board Trent Lund Emma Dobson Paul Collins Duncan McLennan CEO & MANAGING DIRECTOR NONEXECUTIVE CHAIR NONEXECUTIVE DIRECTOR NONEXECUTIVE DIRECTOR 25+ years in technology and innovation. Member of the Gateway Network Governance Board GNGB; co-founder of ComplyPath and PaidRight
Slide 31: Thank you
ASX:WRK PLAYING OFFENCE, NOT DEFENCE Thank you HEAD OFFICE ONLINE Suite 10.01, Level 10, 151 Castlereagh www.wrkr.com.au St Sydney NSW 2000 Wrkr Ltd ABN 50 611 202 414 Not for release or distribution in the United States 31