Aspermont LimitedASX: ASP

Annual Report to shareholders

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ASPERMONT 2021

ANNUAL REPORT

FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2021

ASPERMONT LIMITED | ABN: 66 000 375 048

2 ASPERMONT ANNUAL REPORT

YEAR ENDED 30 SEPTEMBER 2021

For personal use only

MISSION

"Enabling business to dig deeper and make better decisions for a brighter future"

Aspermont is a global leader in business- to-business media providing timely, independent, and high value content.

We bring together communities to collaborate, problem solve and find innovative breakthroughs for some of the most pressing challenges in the world today.

We are proud to serve industries which are critical to both sustain and improve our quality of life.

ASX:ASP | FRA:00W | TDG:00W

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ASPERMONT ANNUAL REPORT

3

YEAR ENDED 30 SEPTEMBER 2021

Aspermont (ASX:ASP, FRA:00W) is the leading media services provider to the global resource industries.

Aspermont has built a commercial XaaS model for B2B media which distributes high value content to a growing global audience. This versatile model is being scaled to serve new business sectors in new countries and languages to create recurring and exceptional long-term revenues.

Aspermont has also established Data monetisation and Client Marketing Service businesses which grow in correlation to the primary XaaS model and have the capacity to multiply current revenue streams.

Aspermont is listed on the ASX, the Frankfurt Stock Exchange and quoted on other European exchanges. Aspermont has offices in the United Kingdom, Austral- ia, Brazil, USA, Canada, the Philippines and Singapore.

CONTENT

OPERATIONAL HIGHLIGHTS

MISSION

2

OVERVIEW

4

FINANCIAL HIGHLIGHTS

6

OPERATIONAL HIGHLIGHTS

8

THE BOARD

22

THE EXECUTIVE TEAM

23

FINANCIAL REPORT

DIRECTOR'S REPORT

24

REMUNERATION REPORT

28

AUDITOR'S INDEPENDENCE DECLARATION

39

FINANCIAL STATEMENTS

40

NOTES TO THE FINANCIAL STATEMENTS

44

DIRECTOR'S DECLARATION

78

INDEPENDENT AUDITOR'S REPORT

79

OTHER INFORMATION

ADDITIONAL INFORMATION FOR LISTED PUBLIC COMPANIES

83

CORPORATE DIRECTORY

85

OPERATIONAL HIGHLIGHTS

ASX:ASP | FRA:00W | TDG:00W

4 ASPERMONT ANNUAL REPORT

YEAR ENDED 30 SEPTEMBER 2021

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OVERVIEW

1

A 6-year-old mediatech company with a 185-yearmining legacy

2

The leading media services provider to the global resource industries

3

Experienced Tier 1 management team executing with success

4

Comprehensive business turnaround achieved through FY15 - FY18

5

Project Horizon' platform rolled out, between FY16 - FY19, to drive:

a) long-term organic growth models

b) operational productivity, efficiency, and scalability

6

XaaS model has delivered twenty-oneconsecutive quarters of growth

7

Data model is building momentum in a rapid growth phase

8

Legacy Services model has pivoted to a 'marketing solutions' business

9

Pre Covid-19growth levels regained with new product launches

10

Aspermont generates positive cash flow with momentum building

ASX:ASP | FRA:00W | TDG:00W

OPERATIONAL HIGHLIGHTS

For personal use only

ASPERMONT ANNUAL REPORT

5

YEAR ENDED 30 SEPTEMBER 2021

Aspermont has restructured its business and commercial models to establish a mediatech growth company with scalable operational architecture.

Significantly improved gross margins and positive cash flow are anticipated over FY22 to finance a sustained program of inward investment and accelerate long term growth.

While Aspermont has built shareholder value in recent years, the directors are confident that continuing long- term growth will greatly increase shareholder value going forward.

OPERATIONAL HIGHLIGHTS

ASX:ASP | FRA:00W | TDG:00W

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