Bombora Investment Management Fund Presentation

Bombora Investment Management

Special Investments Growth Fund

Investor Presentation • Confidential • Sept 2021

Bombora Special Investments Growth Fund

Bombora is taking applications for the Bombora Special Investments Growth Fund (“Fund”), to provide investors with actively managed exposure to pre

IPO & active managed listed equities and co-investment opportunities.

01

Bombora has returned

c.30% per annum over

the last eight years*

02

Large investment

team with over 200

years experience

03

High quality and

unique investment

opportunities

04

Differentiated offering

with co-investment

opportunities

2

*The Fund was launched in June 2018, founded by the Bombora investment team which has a demonstrable 5-year track record delivering c.30% p.a. returns in prior deals and investments

3

Bombora Performance (Rolling - as at 31 August 2021)

1 Month 3 Months 12 Months 3 YearsCompound Annual Return

Since Inception*Compound Annual Return

Since Inception*Total Return (not annualised)

Bombora Special InvestmentsGrowth Fund

5.0% 3.8% 26.7% 29.9% 27.4% 119.6%

Small Industrials Index 5.8% 8.6% 24.5% 6.8% 7.8% 27.8%

Outperformance -0.9% -4.8% 2.3% 23.2% 19.5% 91.8%

• $100,000 invested with the Fund at inception would have grown to $219,626 as at 31 August 2021 (net of fees)

• The compounded annual return since inception is 27.4%. The total return (not annualised) since inception is 119.6%.

• Prior to the incorporation of the Bombora Special Investments Growth Fund in June 2018, the strategy delivered c.30% CAGR over a 5-year period.

*Inception date: 1 June 2018

0.60

0.80

1.00

1.20

1.40

1.60

1.80

2.00

2.20

2.40

Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21

Unit Price ASX Emerging Companies ASX Small Industrials

Performance Since Inception (To 30 August 2021)

The Fund has returned

+119.6% (net of fees) in the

period since inception

4

$100,000 invested

with the Fund at

inception would have

grown to $219,626 as

at 31 August 2021 (net of

fees)

*Inception date: 1 June 2018

2.20

1.57

1.28

Bombora Partners

Distribution

• In June 2020, Bombora partnered with

Seed Partnerships for the sales and

distribution function of the Fund

• The alliance was formed to assist with

growing the number of Unitholders and

the Funds Under Management in a

measured way to Seed’s network of

clients

• This is an important partnership which

allows the Bombora team to focus on

managing the fund, while achieving the

corporate objectives of the group

Research

• In December 2020, SQM Research

conducted and released an second

independent review, rating the Fund as a

“Superior, High Grade Investment”

• In January 2021, Evergreen ratings

released an initial review of the Fund,

providing a “highly commended” research

rating, the highest rating of the research

house.

• A copy of each report is available on

request

5

Investment Platforms

The Fund is approved as an

authorised Wholesale Fund

on the following Platforms:

• Macquarie Wrap IDPS Menu and

Macquarie Wrap Super Menu when held via

a separately managed account

• BT Panorama IDPS

• HUB24 IDPS Investment Menu

• Netwealth Wrap

• Ausmaq

The Bombora team is made up of

the Investment Team,

complemented by Industry

Specialists and supported by an

Independent Chair as part of the

Investment Committee.

6

Investment TeamMike Hill (Managing Director and CIO)

David Willington (PM – Equities)

Bryan Zekulich (PM – Pre-IPO)

Emily Mohan (Associate)

Garren Robbins (Associate)

Advait Joshi (Analyst)

InvestmentCommittee

Brett Chenoweth (Chairman)

Mike Hill

David Willington

Bryan Zekulich

IndustrySpecialists

Brett Chenoweth

Chris Colfer

Julian Knights AO

Greg Ruddock

Bombora

Team

Experience

Our Difference

Traditional Fund

Managers

7

Pre IPO and Equity linked investmentsBombora’s pre-IPO strategy will take equity positions in private companies where there is an aim to IPO in 3-

24 months and will hold interests in publicly listed companies.

Team of proven operators in target sectorsBombora utilises industry specialists to leverage global networks and ensure deep domain knowledge

Seek listed

equity opportunities

Originate unique opportunitiesWe create, structure & invest in opportunities through their deep transactional and capital

markets expertise

Active InvestmentsBombora drives value in our investments via active, collaborative and strategic participation

Public Liquid

Investments

Generalist

Investor Team

Passive

Investments

8

BomboraTargetPortfolio

• A concentrated high conviction

portfolio of between 25 - 50

holdings

• Diversification of investment

theme and industry sector

• Detailed due diligence process

with unanimous Investment

Committee approval required

for each investment

• Strong selling discipline

Actively Managed

Listed Equities20-30%• 6–10 actively managed investments, often from

pre IPO portfolio

• Average individual investment size of 4–7% of the

portfolio

• 5–20% issued equity of each company

• Active positions managed by designated member

of the Bombora team

Actively Managed

Pre IPO40-50%• 10 – 20 individual investments at any

one time

• Average individual investment size of

3–5 % of the portfolio

• Investments spread across key

investment themes and sectors

• More than 50% actively managed by

designated member of the Bombora

team

• Includes convertible note and special

situation opportunities

Cash and Liquid

Listed Equities20-40%• 10-20% cash; and

• 15 – 30 liquid listed equity investments,

increasing portfolio diversity

9

• Bombora Board Representation and active management of investment throughout

• Average 3 year holding period

Screen & Identity Structure Pre IPO Invest ASX Listing M&A Exit

Target Industry Sectors

• Technology

• Telecommunications

• Media

• Healthcare

• Financial Services

• Infrastructure and related services

Target Company Characteristics

• High earnings growth

• Attractive industry dynamics

• Strong gross margins

• Strong management and culture

• Sustainable competitive advantage

• Scalable business model with operating leverage

• Strong balance sheet and sustainable funding model

• Valuation discount to peers

• Identifiable catalyst for closing valuation discount

A Typical Pre IPO Investment Lifecycle

EARLY STAGE EMERGING GROWTH MATURITY REINVENT

Venture Capital Traditional Funds

VALUATION /GROWTH RATES

Bombora Targets Emerging Growth Companies

10

Portfolio Activity – Active Listed Equity Positions

ASX • BMT

BEAMTREE HOLDINGS LIMITED

• BMT (previously PKS Holdings Limited) is a health analytics and knowledge platform company.

• BMT recently acquired Potential(x), a complimentary and market leading specialist health and human servicesdata analytics firm.

• The acquisition takes pro forma revenue to more than $20m p.a.

• Bombora listed BMT in 2019 at ~$22m market cap and now has a market cap of ~$150m

ASX• JAN

JANISON EDUCATION LIMITED

• JAN had a very positive June quarter, with the share price rallying 27% after continuing its positive momentum and announcing a number of contract wins.

• The Company was appointed to its 15th country globally to administer the PISA for schools assessment.

• JAN also boosted its balance sheet with a $15m capital raised, which will be used primarily as growth capital.

ASX• DMC

DESIGN MILK CO LIMITED

• During the quarter, DMC announced full year anticipated sales of $3.3m, growth of 88% YoY.

• The Company remains focused on increasing the conversion rate the ~9m followers across various social media platforms.

• The Manager sees significant future value ahead, should the conversion rate continue to grow month on month

11

12

Portfolio Activity – Active Listed Equity Positions

ASX • GTI

GRATIFII LIMITED

• GTI is an enterprise loyalty and rewards company that allows brands to track and collect customer interactions across multiple touch points to drive relevant rewards , recognition and brand advocacy.

• GTI acquired 100% of Neat Ideas which enables content (i.e. curated offers) to be made on enterprise rewards platforms, enabling brands to provide customers and employees benefits such as customised products, eVouchers and gift branding.

ASX • BEX

BIKEEXCHANGE LIMITED

• BEX, the world’s largest global cycling marketplace, reported strong growth in its Q3 market update, with TTV up +220% vs the PCP.

• The Company continues to expand its capacity with a number of new hires including the appointment of Sam Salter as Chief Sales and Partnerships Officer.

• BEX remains well capitalised to achieve its growth objectives

ASX • MPA

MAD PAWS HOLDINGSLIMITED

• MPA is an Australian pet services marketplace.

• Post listing at the back end of the March quarter, MPA announced the acquisition of Waggly Club in the June quarter. Waggly Club is one of Australia’s largest dog treats and toys subscription companies.

• MPA also announced the appointment of former Afterpay executive, Vicki Aristidopoulos as NED.

13

Portfolio Activity – Active Pre-IPO Positions

T

ORBX INVESTMENTSLIMITED

• Orbx develops and provides high quality scenery and flight simulation content

• Orbx continues to benefit from the demand for “stay-at-home” gamers adopting, using and buying Orbx flight simulation content

• The key partnership with Microsoft now includes the launch of its flight simulator on the new Xbox platform on 27 July 2021.

• Orbx is progressing towards an IPO over the next 6 months.

MARKETPLACERLIMITED

• Marketplacer provides a global technology platform which enables enterprise customers to create online marketplaces

• Marketplacer secured their 100th

customer

• Woolworths went live on its marketplace as a key customer

• The Company also recently announced a global strategic partnership with Salesforce, which includes a strategic investment by Salesforce Ventures.

LVX GLOBAL

• LVX us a technology led engineering solutions business, which operates in the smart city/IOT space.

• LVX has committed to further investment by doubling headcount in the head office, to support revenue growth and pipeline expansion.

• Signed a partnership with Smart Cities Council as a global lead partner and will sponsor programs in Australia and the US

• Successfully acquiring logical bolt on’s to enhance product offering and improve margins

UCROO INC.

• Ucroo provides a modern, personalised digital campus that replaces outdated student portals.

• The company was added to the portfolio in the June quarter

• The platform was launched in mid-2018 and has secured over 50 higher education institutions and 100,000 users.

• Key customers include the Johnson & Wales University, Utah State University and Truman State University.

• Record wins in the month of June

• Bombora expects the company to IPO within the next 12 months.

14

Recent Portfolio Activity

EZYCOLLECT HOLDINGS LIMITED

• EzyCollect is an intelligent SaaS accounts receivables & payments platform that helps business to reduce late payments and empower business growth.

• Key growth drivers of ezyCollect include the network effect provided by the collections and payments platform and the US expansion expected to commence in FY22.

• Bombora recently launched a capital raising to fund growth initiatives ahead of a proposed IPO in CY23.

AORAKI HOLDCOLIMITED

• Aoraki is a SPAC recently incorporated alongside Julian Knights and Kerry McIntosh, both based in NZ (both ex Ironbridge).

• Aoraki has been established to acquire a NZ based high growth technology business which will list on the ASX.

• This is an exciting evolution of the Bombora process in identifying quality, high-growth companies in specific geographies

• Term sheet discussions already in place

DEMYST DATA LIMITED

• Demyst Data Limited is a platform which provides data solutions to large customers via an enterprise SaaS model.

• The company connects to external data sources, certifies the data, curates the data and then deploys use case scenarios for their clients.

• The Manager added Demyst to the portfolio in the quarter to 30 June 2021 through the company’s convertible note offer. Funds raised will be used to drive growth and prepare the company for an IPO within a 12–18-month period.

AORAKI

MURRI HOLDINGSLIMITED

• Murri Holdings Limited (“Murri”) is another SPAC incorporated by the Bombora team.

• During August 2021, Murri entered into a Term Sheet with 90 Seconds, an exciting video creation platform company.

• 90 Seconds offers highly professional video creation to 200 of the of the worlds best known brands.

• Bombora will be offering our investors the opportunity to participate in a co-investor opportunity for 90 Seconds over the course of September 2021

MURRI

Fund Outlook and Pipeline

15

01

The Bombora Fund

has 3 pre-IPO

holdings targeting

ASX listings within

the next 12 months

and a number of other

holdings targeting an

IPO in 12-24 months

02

The Investment Team

are reviewing our

listed equity portfolio

in light of a diversified

strategy, in particular

coming up to full year

reporting. We remain

confident in our

current active

holdings

03

The pipeline of

opportunities across

Listed Equity, IPO and

pre-IPO remains

extremely strong,

including several co-

investor opportunities

we look forward to

bringing to market

04

The Team remain

confident around the

Fund outlook for FY

2022, in particular due

to our active

management

approach and focus

on sustainable long-

term investing

Activity Pipeline and Co-investment Opportunities

AI pricing

Healthcare roll-up

Online apparel

ecom. roll-up

Video tech platform

Insurance tech ecomlogistics

Ecom. tech

Services market-

place

Education tech

Unlisted Portfolio

Listed Portfolio

5 – 10 New Opportunities Per Week

Co-investment Opportunities in Progress Latest Investments Actively Managed Portfolio

Screen, negotiate diligence Execute and invest

Rights issue

16

FundDetails


AN OFFERING TO WHOLESALE CLIENTS

Special Investments Growth Fund

• The Bombora Special Investments Growth Fund (Fund) uniquely provides investors with an actively managed portfolio of Pre IPO and Listed Equities in high growth companies

• The objective of the Fund is to construct a concentrated, high conviction portfolio of unique growth opportunities to deliver strong positive risk adjusted returns for investors over the

medium to long term

• Fundamental bottom up research, screening, diligence and structuring to provide investors with actively managed exposure to:

• Pre IPO & co-investment opportunities; and

• Active managed listed equities

• Team consists of professional executives, each with over 20 years experience in investments over multiple industries and geographic markets

• Bombora uses Industry Specialists to help drive value in our investments

• Experience spans funds management, direct investment, private equity, mergers & acquisitions and equity capital markets

• Bombora team are proven operators being Executives, Directors and Advisors to both private & public companies

• The Fund has returned +26.7% in the 12 months to 31 August 2021 and +119.6% since inception

• The Fund performance to date has been achieved with high levels of cash holdings and excludes further upside generated from incentive securities issued

• The Bombora strategy prior to the Fund launch (2013 – 2018) generated a CAGR of 29.6%.

• Fund Structure Unregistered Managed Investment Scheme structured as an Australian Unit Trust for WHOLESALE CLIENTS

• Information Memorandum: August 2020

• Fee Structure 1.5% Management Fee & 20% Performance Fee for fund outperformance over hurdle rate of 7%

18

Overview

Investment Strategy

InvestmentManager

Investment Performance

Offer Details

Key Fund FeaturesFund Name Bombora Special Investments Growth Fund (Fund)

Investment Manager and Trustee Bombora Investment Management Pty Limited (Bombora) ACN 625 413 390

Custodian and Administrator Mainstream Fund Services (part of the ASX listed entity Mainstream Group Holdings (ASX: MAI)

Fund Type Pre-IPO and Australian listed equity portfolio

Suggested Investment Horizon 3-5 years

Investor Eligibility Wholesale Clients, as defined in the Corporations Act 2001

Minimum Investment $50,000

Minimum Redemption $50,000 (subject to a minimum balance of $50,000)

Buy/Sell Spread 30 basis points

Fees and Expenses • Management fee of 1.5% p.a. of the Fund’s net asset value calculated and payable monthly in arrears

• Performance fee of 20% p.a. of the returns in a performance fee period exceeding the higher of the previous high-water mark and the hurdle rate. The performance fee is calculated and

payable quarterly in arrears

• The Trust incurs cost recovery to a maximum of 1% p.a. of the Trust’s net asset value

Hurdle Rate 7% p.a. (inclusive of management fee and cost recovery accrued)

Application Frequency Monthly

Valuations Unit price calculated monthly

Distributions Annually as at June 30. Distributions are automatically reinvested unless instructed otherwise

Redemption Frequency Quarterly

19

Case Studies

Appendix 1


21

rhipe has experienced rapid revenue growth and scale, from $40m revenue in FY12 to ~$380m in FY21

Overview

• rhipe Limited (RHP) offers cloud licensing of major software providers (including Microsoft, Citrix and VMware), a subscription management tool, and value-added services to IT services providers who bundle subscription offers to end users.

• The Company has expanded into high-growth South-East Asian markets since listing, including entering Thailand, the Philippines, Malaysia, Indonesia, South Korea, Sri Lanka and Japan.

• RHP’s subscription based sales model has seen revenue grow from $40.0m in FY12 to ~$380m in FY21 and EBITDA increasing by more than 6x between the same period.

Overview

Commentary and Investment Thesis

Sector Information Technology

Industry Subscription software distribution

LocationAustralia, New Zealand, Singapore, Malaysia, Philippines, Indonesia, Thailand, South Korea, Sri Lanka, Japan

Investment Date Apr-141

Current Market Cap A$397.9m2

Acquisition Value A$13.0m

Company Milestones

rhipe Limited - Pre-Fund Launch

1. RHP backdoor lists on the ASX with the assistance of Bombora through shell company FRR Corporation.

2. Following due diligence conducted by Bombora Group, rhipe raises capital October 2014 to fund the acquisition of nSynergy and an investment in ASX listed LiveTiles Limited (ASX:LVT).

3. RHP enters the ASX All Ordinaries in March 2015.

4. The Company announces a maiden fully franked dividend of 0.5 cents per share.

5. Mike Hill resigns from the board of RHP after a 5 year tenure, leaving the Company with a strong balance sheet and operations in 8 countries.

0.0

1.0

2.0

3.0

4.0

5.0

6.0

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

Apr-14 Apr-15 Apr-16 Apr-17 Apr-18 Apr-19 Apr-20

Volu

me

Share

Price

1

2

1. Announcement of RHP acquisition

2. As at 9 September 2021

3

5

4

• BMT provides a highly scalable, proprietary subscription-based Clinical Decision Support, that enables automation efficiency in pathology and hospitals.• A special purpose acquisition company was created by Bombora called Qpro Holdings in October 2018 which then acquired PKS Holdings Ltd and became the front door listing vehicle on the ASX in

June 2019 • In April 2020, PKS acquired 100% of Pavilion Health in an all scrip transaction at $8.5m implying a 1.9x FY19 revenue multiple and 5.1x FY19 Operational EBITDA multiple. Mike Hill – MD of Bombora

and Chairman of PKS Holdings was instrumental in driving this acquisition to its success through Bombora’s active management philosophy. • In mid August 2021, the company was renamed Beamtree Holdings Limited, a name expressing the natural flow of data which represents the basis of both original parts of the healthcare data

analytics software.• In late August, BMT announced the transformational acquisition of Potential(x) a complimentary and market leading specialist health and human services data analytics firm.• The acquisition takes pro forma revenue to more than $20m p.a. and earnings positive. • This has been a fantastic story for Bombora where the company was listed in 2019 at around $22m and as at this time is now circa $140m which significant high quality institutional investors on the

register.• BMT remains a core position in the Bombora Special Investments Growth Fund.

Overview

Overview Overview

Sector Health Care Equipment & Services

Industry Subscription software distribution

Location Australia, New Zealand, Singapore, Malaysia, South Africa, Europe, USA

Investment Date Jun-19

Current Market Cap A$156.6m1

Acquisition Value A$19.5m

Board representative Mike Hill

Overview BMT’s Acquisition of Potential(x)

Beamtree Holdings Limited – Cornerstone Investment

1. As at 9 September 2021

Commentary

BMT is a leading software technology company in the large and fast-growing global healthcare solution market.

22

Marketplacer Pty Ltd – Pre-IPO

Overview Commentary

Sector Information Technology

Industry E-Commerce

Location Australia

Investment Date Oct-19

Current Valuation A$85.0m

Entry Valuation A$51.0m

Board representative Bryan Zekulich

Website www.marketplacer.com

• Marketplacer provides the technology and infrastructure needed to establish and maintain online marketplaces for retail and B2B customers.

• Marketplacer has numerous revenue streams including recurring SaaS fees, Server Call fees on transactions made on the Marketplacer software, Consulting and Implementation fees as well as partnership fees (% share of the fees earned by enterprise partners such as Afterpay).

• The Company has spent the last 10 years focusing on the development of core technology as well as the capability to implement complimentary software solutions. The company is now pivoting focus to growing its sales team and winning contracts to develop online marketplaces for enterprise customers, especially large retailers.

• Marketplacer is also looking to ramp up global expansion and has a long term vision for being the “world’s factory” for developing large-scale online marketplaces.

• A special purpose acquisition company was created by Bombora called Cmint in mid 2019 which then acquired Marketplacer and will became the front door listing vehicle in 2021

• Bombora structured and led a $19.0m raising in the form of ordinary equity in CMint Limited (“IPO Company”) termed a “Pre IPO capital Raise”.

• The pre-IPO capital raise was used to fund the following growth strategies:

• Accelerate sales pipeline and contract wins, especially with large retail customers

• Geographical expansion beyond existing geographical reach

• Repayment of Marketplacer’s existing debt

• Marketplacer has also secured a partnership and strategic investment from Salesforce which could be transformational as the company enters the US market.

Marketplacer has powered globally successful online marketplaces for over 10 years

Marketplacer Customers

23

http://www.marketplacer.com/

Investment process

Appendix 2


25

Investment Process

Opportunity

sourcing

A key strength of the

Bombora team is the

capability to source truly

unique opportunities

ahead of the market

Initial

opportunity

screening

Bombora investment

experience ensures a

reliable and rigorous

screening process

utilising Industry

Specialists

Due

diligence

High Conviction

positions drive detailed

due diligence being

undertaken following

initial opportunity

screening

Investment

Committee

Approval

Diverse and experienced

Investment Committee

need to unanimously

approve the execution of

any transaction

Ongoing

reporting and

monitoring

Active investment

positions with a view of

partnership designed

for Bombora to stay on

top of performance

Team Biographies

Appendix 2


Investment Team & Committee

Mike HillManaging Director &

Chief Investment Officer

• Mike was an Operational Partner of

Ironbridge from 2004 to 2014, a private

equity firm with $1.5bn funds under

management. He led and was involved in a

number of transactions across a variety of

different industries. Prior to this, Mike was

a Partner of Ernst & Young

• Co-Founder of Bombora Group in 2014

• Current Board positions include Chairman

of the Board of Janison Education Group

Limited (ASX: JAN), Beamtree Holdings

Limited (ASX:BMT), Design Milk Co Limited

(ASX: DMC) and Orbx Investments Limited

and Non-Executive Director of Mad Paws

Limited (ASX:MPA), Gratifii Limited

(ASX:GTI) and Path Group Inc.

• Member of the Australian Institute of

Chartered Accountants and holds a

Bachelor of Arts Degree (Accountancy)

from the University of South Australia

David WillingtonPortfolio Manager

Equities

• David has over 25 years’ experience in

corporate finance and investment banking

and during his career has primarily advised

companies in the technology, media and

telecommunications industry

• David is the Chairman of EzyCollect

Holdings Limited and sits on the Board of

Janison Education Group Limited (ASX:

JAN)

• Previously, David was a Senior Partner at

Deloitte Corporate Finance and prior to that

was an investment banker with NM

Rothschild and Citi

• David has a Bachelor of Commerce, is a

member of the Institute of Chartered

Accountants in Australia and is a Fellow of

the Financial Services Institute of Australia

Bryan Zekulich

Portfolio Manager

Pre IPO Strategy

• Bryan was the Managing Partner of EY’s

Private Equity Sector for over 15 years’.

Bryan is also a Board member, Treasurer

and Company Secretary of the Australian

Investment Council (formerly the Australian

Private Equity and Venture Capital

Association “AVCAL”)

• Significant experience in mergers &

acquisitions, divestments, strategic finance,

capital raisings and advising on the

Australian stock exchange listing

requirements

• Bryan currently sits on the board of

BikeExchange Limited (ASX:BEX) and

Gratifii Limited (ASX:GTI)

• Bryan has a Bachelor of Commerce from

The University of Western Australia, Fellow

of the Institute of Chartered Accountants of

Australia (FCA) and Fellow of the Financial

Services Institute of Australia (FINSIA), F.

Fin

27

Brett Chenoweth

• Brett co-founded Bombora Group 2014. He

has over 25 years’ operating experience in

media, technology, telecommunications

and digital businesses -- most recently as

Managing Director and Chief Executive

Officer of APN News and Media Limited. He

has held senior executive roles at the New

York based investment firm Silverfern

Group, Telecom New Zealand, Publishing &

Broadcasting Limited, ecorp, ninemsn and

Village Roadshow Limited.

• Brett is currently Chairman of Adairs

Limited (ASX: ADH), Madman

Entertainment and Canberra Data Centres

(CDC). He serves as the Chairman of the

Advisory Board of H.R.L Morrison & Co. and

sits on the boards of Janison Education

Group Limited (ASX: JAN), NSW Land

Registry, Vodafone NZ, Saxtons Speakers

Bureau and Surfing Australia.

• Brett has a Bachelor of Laws and a

Bachelor of Economics from the University

of Queensland, and a Graduate Diploma in

Applied Finance and Investment from the

Securities Institute of Australia

Chairman of Investment

Committee

Investment Team & Industry Specialists

Emily MohanAssociate

Garren Keane-RobbinsInvestment Associate

• Advait is a Portfolio Analyst at

Bombora. Prior to joining the

Bombora team, he was an

Equity Research cadet at UBS

investment bank working in the

small caps team

• Advait is the youngest global

winner of the ASX (Opens) Share

market game

• Advait is in the process of

completing a Bachelor of

Commerce degree from UNSW

28

• Emily joined Bombora in June

2020 as an Associate

• Previous background includes

over 8 years experience in

corporate finance and equity

research. Key responsibilities

included structuring and

executing capital raisings (both

listed and unlisted), initial public

offerings, and general corporate

advice. Emily also has a good

understanding or ASX listing

requirements

• Prior to joining Bombora, Emily

was a Corporate Finance

Analyst at Blue Ocean Equities,

with an emphasis on small cap

emerging companies,

particularly across the

technology and healthcare

sectors

• Emily holds a Bachelor of

Commerce degree from

Macquarie University

• Garren joined Bombora in July

2021 as an Investment

Associate.

• Previously, Garren was an

Associate at Citi in the General

Industrials and Financial

Sponsors team where he was

involved in a range of M&A and

financing transactions.

• Prior to joining Citi, Garren

worked at Rothschild in

investment banking and

Schroders in asset

management.

• Garren holds a Bachelor of

Commerce (Co-op, Honours)

degree from the University of

New South Wales.

Advait JoshiPortfolio Analyst

Julian Knights AO Industry Specialist

• Founding Partner of Gresham

Private Equity (majority owned

by Wesfarmers) and Founding

Partner of Ironbridge in 2001

• 15 years of private equity

experience raising

approximately $1.75bn of funds

under management and 17

years investment banking

experience in the UK and

Australia

• In 2008 served as the Chairman

of AVCAL (Australian Private

Equity and Venture Capital

Association)

• In 2013 was appointed as the

Chair of the Major Performing

Arts Board of the Australia

Council

• Julian qualified as a solicitor and

holds BComm and LLB degrees

from the University of the

Witwatersrand

Greg RuddockIndustry Specialist

• Founder and Joint CEO of

Ironbridge successfully raising

and investing the 2001 $450m

fund and the 2006 $1.05bn fund

• Prior to forming Ironbridge, Greg

joined Gresham Private Equity in

1999 and had 12 years

operational experience at

Wesfarmers

• Has represented Ironbridge on

the Boards of Stardex, Super A-

mart, EnviroWaste, Easternwell,

FleetPartners (now Eclipx), ISGM

and AOS. Greg is currently a

Director of Eclipx Group Limited

(ASX: ECX) and Navigator

Resources Limited (ASX: NAV)

• Greg currently serves on the

board of Prospa Group Limited

(ASX:PGL)

• Greg qualified as an accountant

and holds a Bachelor of

Commerce degree from the

University of WA

Chris Colfer

• Chris has Chairman, Chief

Executive and Board Director

experience with an exemplary

track record in multiple industry

sectors including luxury goods,

branded goods and E-

Commerce. He is highly skilled

in strategy, retail, e-commerce,

business development and

marketing

• He has deep technology

experience having served on the

boards of Net A Porter and

LYST, in both cases overseeing

their growth from start-ups to

global businesses.

• Chris currently sits on a number

of technology and consumer

goods boards, including Medik8,

Woolworths Holdings Limited,

Nude by Nature, Mobile Digital,

Design Milk Co Limited (ASX:

DMC) and SQUIZ.

Industry Specialist

Bombora

“An indigenous Australian term for an area of submerged rock

shelf, reef or sand bank that is located some distance from the

shoreline that causes waves to surge as they pass over it.”

29

DisclaimerThis Investor Presentation (Investor Presentation) contains information about Bombora Special Investments Growth Fund (Fund). The Fund is an unregistered managed investment scheme pursuant tosection 601ED(2) of the Corporations Act 2001 (Cth) (Corporations Act). This Investor Presentation is issued by Bombora Investment Management Pty Ltd ACN 625 413 390 (Trustee or Bombora). ThisInvestment Presentation is a summary of an information memorandum that has been prepared by Bombora with respect to the Fund (Information Memorandum), the Information Memorandum containsfurther information regarding the fund including the risks of investing in the Fund.

This Investor Presentation is intended solely for the use of the person to whom it has been delivered (Recipient) for the purposes of evaluating a possible investment in the Fund. It is not to be reproducedor distributed to any person (other than professional advisers of the Recipient) without Bombora’s prior written consent.

This Investor Presentation has been prepared for Wholesale Clients only , is not, and is not required to be a disclosure document or product disclosure statement within the meaning of the CorporationsAct. This Investor Presentation may not contain the same level of disclosure as those documents and has not been, and is not required to be, lodged with the Australian Securities & InvestmentsCommission (ASIC).

The Trustee is a corporate authorised representative of Ironbridge Capital Management Pty Limited ACN 105 880 108 (AFSL No. 237556) and is authorised to provide advisory, dealing and custodialservices in connection with the Fund to Wholesale Clients only.

Investment DecisionApplicants should read this Investor Presentation and the Information Memorandum in their entirety before deciding to apply for Units. This Investor Presentation does not take into account the individualcircumstances of any investor, nor does it give financial product advice. Accordingly, investors should obtain independent legal, financial and taxation advice before making a decision to invest in theFund.

An investment in this Fund carries risks. An outline of some of the risks that apply to an investment in the Fund is set out in Section 6 of the Information Memorandum. Applicants are urged to considerthis section of the Information Memorandum carefully before deciding to apply for Units. No person is authorised to give any information or make any representation in connection with the Offer which isnot contained in this Investor Presentation or the Information Memorandum. Neither the Fund, The Trustee nor its respective affiliates, related bodies corporate, directors, officers, employees,representatives or advisers accept any liability for any loss or damage suffered or incurred by the investor or any other person or entity however caused (including negligence) relating in any way to thisInvestor Presentation or the Information Memorandum.

Forward Looking StatementsThis Investor Presentation contains forward looking statements. Forward looking statements are not based on historical facts, but are based on current expectations of future results or events. Theseforward looking statements are subject to risks, uncertainties and assumptions which could cause actual results or events to differ materially from the expectations described in such forward lookingstatements. While the Fund believes that the expectations reflected in the forward looking statements in this Investor Presentation are reasonable, no assurance can be given that such expectations willprove to be correct. The risk factors set out in Section 6 of the Information Memorandum, as well as other matters as yet not known to the Fund or not currently considered material by the Fund, maycause actual results or events to be materially different from those expressed, implied or projected in any forward looking statements. Any forward looking statement contained in this InvestorPresentation is qualified by this cautionary statement.

30


Documents

Bombora Investment Management Fund Presentation