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Empowering People’s Potential

Responsible Lending and Borrowing Summit

Tuesday, 28 February 2017

Top 50 Global FinTech2016 KPMG H2 Ventures

Greg Symons, Co-Founder and Chief Operating Officer

Multi-application, secure, SaaS based platform - ClearMatch

Ability to create, transact and report on fractionalised interest in a loan

Funds ring-fenced via managed investment scheme

PLATFORM

BORROWERS

FUNDERS Direct fractional interest in a loan

Ability to create diversified fixed income/credit portfolio across multiple loans

Ability to tailor risk appetite to pre-agreed credit risk grades and tenors

Attractive risk-adjusted returns with predictable cash flows

Risk-based pricing for personal, unsecured loans up of $5,000 to $50,000

Competitive rates – average borrower interest rate lower than Big 4 major banks

Fast, easy, online application and fast turnaround times

Certainty – 2, 3 and 5 yr loan terms; fixed repayments; no monthly fees or early repayment penalties

What is a lending marketplace?

Sept 2014GETCREDITSCORE

LAUNCH

Aug 2012LAUNCHED

SOCIETYONE

Feb 2014REINVENTURE

CAPITAL RAISING

Mar 2014LIVESTOCK

LENDING LAUNCH

Dec 2014MEDIA CONSORTIUM CAPITAL

RAISING: MURDOCH’S NEWS CORP

AND PACKER & STOKES’ PRIVATE

INVESTMENT COMPANIES

2015PARTNER WITH

MUTUALS, CREDIT

UNIONS AND

BUILDING SOCIETIES

April 2016$100 MILLION

ORIGINATED

LOANS ACHIEVED

May 2016CAPITAL RAISING

INCLUDING

PARTICIPATION BY

MUTUALS

Sept 2016$150 MILLION

ORIGINATED

LOANS ACHIEVED

Oct 2016$175 MILLION

ORIGINATED LOANS

ACHIEVED

Dec 2016$200 MILLION

ORIGINATED LOANS

From start-up to scaling up Dec 2016$200 MILLION

ORIGINATED LOANS

2.4%

13% +

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

16.00%Major Bank Model

Personal Loans

Deposit Rates

● High ROE● High NIM● 4% of balance sheet● Circa 8-10% NPAT

2.4%

12.99%

8.00%

9.65%

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

SocietyOne Model

Lower borrower interest rates

Higher returns for investors

SocietyOne margin 1.65%

Based on SocietyOne customer with A credit grade

● Real fixed income asset class● Strong risk adjusted returns● Borrower rates set by individual risk-based pricing● Benefits shared by borrowers and investors

To structure a model that directly competes with major banks

Depending on risk appetite and return requirement, investors can choose their own mandate with the ability to choose between:

• Credit Grades• Tenor• Participation Amount• Re-investment Option.

Investors can invest in portions or fractions of various personal loans through the platform and effectively diversify (by borrower and geographically) their portfolio

True diversification: fractional loans

Online Application

Identity CheckCredit Score and Report

Bank Statement

Credit Review Approval

A Disciplined Approach to Credit Assessment How Does it Work?

1 2 3 64 5

10 minute process with over 50 data points captured

Dun & Bradstreet greenID to pass AML/CTF

Veda Advantage –largest credit bureau in Australia

Yodlee – automatic bank statement retrieval, analysis and verification

All applications are reviewed by ex-bank credit officers

Typically less than 10% of applications are approved

ClearMatch Real Time Integration – Data Automating Processes

SocietyOne powered by ClearMatch – how it works

• SocietyOne’s proprietary ClearMatch technology’s Service Oriented Architecture enabling easy integration with third party API’s / web services

• SocietyOne’s 20 strong technology team support partner integration

* SocietyOne borrower profile data as at 31/12/16 and total originated loans as at 31 December 2016 since inception

16%

23%

32%

21%

7%

Credit Grade

AA

A

B

C

D

48%

37%

8%

5% 3%

Residency

Renting

Mortgage

Living WithParents

Boarding

Freehold

9%

34%

25%

21%

11%

Income<$50K

$50K to $75K

$75K to$100K

$100K to$150K

$150K+

13%

31%

30%

26%

Age

21-30

31-40

41-50

51+

29%

23%16%

13%

10%

5%3% 3%

OccupationProfessional

Manager

Other

Office Staff

Trade

Sales/Retail

Director

SelfEmployed

30%

25%

22%

13%

5%3% 2%1%

State

NSW

QLD

VIC

WA

SA

ACT

TAS

NT

True diversification: borrower profiles

10.34%*

Barry,

Investor, QLD

“With SocietyOne, I can now access investments that

were once the domain of the banks. My investments

have performed strongly and added a new level of diversification to my

portfolio.”

Stuart

Investor, NSW

“I had a lot of money in cash…I knew the

banks were getting default rates of less than 2

per cent on their personal lending, so why

not [take the risk] if I am getting

a return of 8 to 9 per cent?”Validate their experience by

reinvesting interest and/or

capital repayments

Average annual return

across both loan portfolios

(net of losses and fees)

Providing ‘Investor Funders’ with a strong opportunity

73%**

• ADIs

• Fund managers

• Credit Unions

• SMSFs

• High Net Worth Individuals

* Rates above are the Effective Annualised Return (EAR) as published on the SocietyOne website and as at 31 Dec 2016

** Calculated as at 31 December 2016 SocietyOne Investor Services data

280+ and growing:

145,000+ Separate investments

Our Mission, Our Values

Mission: Provide a better deal for borrowers and lenders…one brilliant funding

moment at a time

TransparentOpen, honest,

responsible and

trusted to do the

right thing

ImaginativeWe are bold,

creative and develop

innovative solutions

One TeamFocussed,

collaborative and

dedicated to

excellence

ConnectedWorldly, insightful

and passionate

about creating a

fairer, more

rewarding society

EmpoweringWe recognise,

embrace and

enhance the

incredible

potential inherent

within every

individual

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Our vision Australia’s leading, most trusted, people-powered

market lending place

Our 2021 goals 2 - 3% share of the $100 billion

consumer finance market*100,000 customers

* ex-housing, APRA 2016 data

Establishing a strong trajectory for the future

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DISCLAIMER

This presentation has been prepared by Andrew Staniforth, (Representative) as authorised representative, AFS Representative Nos. 434126 and 1008961 of Ironbark Asset

Management Pty Ltd (ACN 136 679 420) being the holder of an Australian Financial Services Licence No. 341020. The Representative is a senior manager of SocietyOne

Australia Pty Ltd (ACN 151 627 977) (SocietyOne Australia).

Ironbark Asset Management Pty Limited is an authorised intermediary which holds an Australian Financial Services Licence (“the Placing Agent”), pursuant to an arrangement

with SocietyOne Australia Pty Limited as Trustee of the SocietyOne P2P Lending Trust as the “Product Provider” in accordance with section 911A (2)(b) of the Corporations

Act 2001 (Cth) (“Act”), as set out in the Placement Letter attached to our Information Memorandum. No copy of this Information Memorandum may be distributed without being

attached to the Placement Letter. No offer document has been registered in any jurisdiction in connection with the placing of the interests in the SocietyOne P2P Lending

Trust.

This presentation has been published in good faith based on the facts known to it at the time of preparation and does not purport to contain all relevant information in respect

of the investment to which it relates. All information contained herein is for informational purposes only. Investors should be aware that past performance is not indicative of

future performance. The document provides information about the SocietyOne P2P Lending Trust. The Trust is an unregistered Managed Investment Schemes and investment

is only available to Wholesale clients. This Is NOT a Product Disclosure Statement.

SocietyOne Australia has prepared this information without taking into account the investment objectives, financial situation and particular needs of any particular person.

Accordingly, any information given is not a recommendation that a particular course of action is suitable for any particular person and should not be regarded as investment

advice. Before making an investment decision on the basis of any reports or information provided, each person must consider whether the advice is appropriate to their

particular investment needs, objectives and financial circumstances, and if necessary seek the assistance of an adviser. No warranty is given as to the accuracy of this

information, and persons who rely on it do so at their own risk. To the extent permitted by law, SocietyOne Australia disclaims liability for all loss or damage arising as a result

of reliance on an opinion, advice, recommendation, representation or information expressly or impliedly published in or in relation to this presentation notwithstanding any error

or omission including negligence. Except where otherwise stated, the copyright and intellectual property rights of the information contained on this presentation belong to and

remain the property of SocietyOne Australia. You may use this information for your own non-commercial use, but you may not use, copy, reproduce, store or alter in any way

the information and material provided without the prior written consent of SocietyOne Australia.