Investor Presentation

March 2017

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DISCLAIMER

This presentation contains information, ideas and analysis which are proprietary to United Networks Limited (“United Networks”). This presentation has

been prepared by and issued by United Networks to assist in informing interested parties about the Company and should not be considered as an offer or

invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No

agreement to subscribe for securities in the Company will be entered into on the basis of this presentation.

This presentation may contain forward looking statements. Whilst United Networks has no reason to believe that any such statements are either false,

misleading or incorrect, it cannot and does not warrant or guarantee that through either the passage of time or actions beyond the control of United

Networks they will not become so. You should not act and you must refrain from acting in reliance on any of this presentation material. Nothing contained

in this presentation constitutes investment, legal, tax or other advice. This overview of United Networks does not purport to be all inclusive or to contain all

information which its recipients may require in order to make an informed assessment of the Company’s prospects.

Neither the Company nor its advisers has verified the accuracy or completeness of the information, statements and opinions contained in this presentation.

Accordingly, to the maximum extent permitted by law, the Company make no representation and give no assurance, guarantee or warranty, express or

implied, as to, and take no responsibility and assume no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or

omissions, from any information, statement or opinion contained in this presentation. The contents of this presentation are confidential. This presentation

is being provided to you on the condition that you do not reproduce or communicate it or disclose it to, or discuss it with, any other person without the

prior written permission of the Company.

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Financials 12

Table of Contents

United Networks’ Business 6

Executive Summary 4

Outlook 13

Board and Management 14

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1. Executive Summary

Introduction

• Core offering established in 2013o Operations in Australia, Canada, New Zealand &

Malaysia

• A global Mobile Virtual Network Enabler (“MVNE”) • Telecommunications;• Data; and• Technology solutions.

The Business

• Two key platforms –o Global SIM & Wi-Fi Appo Services available across more than 190 countries

• Over 20 “white-label “enterprise partners includingo Flight Centre; o Key to the World;o Covermore; o Medibank; ando NRMA.

• Profitable and cashflow positive on a “stand still” basis

Since IPO

Launched United Wi-Fi App

Rolled out products in multiple jurisdictions for existing clients

Extended GAP Platform

multi lingual including (Simple Chinese)

Combined Wi-Fi and Sim on one platform

Added promotional voucher system

Results for 1H FY2017 above budget

Added COO and additional depth to management

Works in Progress

• Providing a local Australian SIM product

• Expanding Wi-Fi coverage within Australia

• Converting more of customer pipeline

• Deepen relationship with existing customers

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Share Price Graph

1. Executive Summary (cont)

Summary Capital Table

Detail Value

Market Cap $25.16m

Shares on Issue 125,824,949

Options 16,000,000

Top 20 at listing 83.84%

Escrowed Shares 76,705,781

ShareholderShareholder Shares %

AUTOPILOT CONSULTING P/L 38,208,124 30.4%

TEMONT PTY LTD 38,208,124 30.4%

FARJOY PTY LTD 5,978,136 4.8%

CVC LIMITED 3,333,333 2.6%

LEDA HOLDINGS PTY LTD 2,500,000 2.0%

BOND STREET CUSTODIANS 2,500,000 2.0%

HUMBERTO VIEIRA 1,666,667 1.3%

RICHARD ALBARRAN 1,333,334 1.1%

ROLAY PTY LTD 1,333,334 1.1%

TUWELE PTY LIMITED 1,250,000 0.99%

Total 96,311,052 76.5%

Top 10 Shareholders

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2. United Networks’ Business

I. Voice

II. Data

III. Wi-Fi Hotspot Access

IV. Value added

Global SIM Voice

• SIM fits any GSM phone, tablet or wireless device

• Up to 50 local phone numbers available, allowing friends & family to contact at local rates

• Users can call-forward their regular number

• Available in more than 190 countries across 600 networks

• United changes carriers overnight to the secure lowest cost

• B2B with White label partners

• Direct to consumer

• Customer usage & SIM sales

• Expired credit & subscriptions

United’s Business

(i) Voice

Sales Method

Carrier Alliances

Revenue Model For

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2. United Networks’ Business (cont’d)

Global SIM Data

• SIM fits any GSM phone, tablet or wireless device

• Users purchase pre-allocated data packs at lower per MB cost

• Available in more than 190 countries across 600 networks

• Customer data usage & SIM sales

• Expired data credit & subscriptions

(ii) Data

Carrier alliances

Revenue Model

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2. United Networks’ Business (cont’d)

Global SIM Wi-Fi App

• Allows users to connect to Wi-Fi hotspots around the world

o Without having to pay per hour fees or lose connection when signing in

o Valid for a set amount of days depending on package purchased

• Available in over 120 countries with 57+ million hotspots

• Sales of passes valid for various days at various price points

• Creates a strong value proposition for a number of industries

o Airlines;

o Travel agents;

o Insurance;

o Banks, Forex Providers; and

o Domestic Telco Providers

• London Drugs launched Wi-Fi in February 2017

o Existing partners currently being integrated

(iii) Wi-Fi App

By Location Hot Spots

Hotels 94,180

Airports 3,663

Convention Centres 5,770

Restaurants 1,124,665

Community, Shopping Centres

38,471,000

Business Hubs 500,000

Open Access 20,014,690

Carrier Alliances

Revenue Model

Likely Customers

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2. United Networks’ Business (cont’d)

Global Access Portal (GAP) enterprise platform

• GAP is the key enabler for UNL’s white-label clients

• GAP integrates into one platform

o Billing;

o Marketing;

o Customer support; and

o Distribution

• Leverages Cellular, Wi-Fi, and GPS networks for location of customers

o Track customers & send relevant, location based offers

o Broadcast messages for customers regarding emergencies

o Assist travelers with issues

• Implementation fee for white-labelling

• GAP enterprise platform usage fees

• Location based services fees for messaging:

o Relevant offers;

o Emergencies;

o Communicating.

(iv) Value Added

Location services technology

AnalyseReal time & historical

movements &travel patterns

CommunicateDrive valuable conversations

with your customers

EngageIntegrate and leverage

with your core offer

Value Chain

Revenue Model

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2. United Networks’ Business (cont’d)F

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Customer Pipeline

2. United Networks’ Business (cont’d)

• United Networks finalising its relationships with a number of global industry participants in the following sectors:

o Insurance

o Airlines

o Travel Portals;

o Banking & Finance

Data • Location based data is the key value proposition to all of United’s partners

o Marketing messages

o Emergency messages

o Relevant upsell or cross selling opportunities

• United’s GAP platform offers partners a white label, end to end solution that can manage any of these value add opportunities.F

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3. Financials

Income StatementFY 2014 FY 2015 FY 2016 H1 2017

Revenue $4,910,143 $5,989,264 $7,558,452 $3,684,081

Gross Profit $1,577,444 $2,219,869 $3,240,446 $1,257,174

Gross Profit margin 32% 37% 43% 34.12%

Expenses $1,604,682 $2,135,915 $2,220,804 $1,438,245

EBITDA ($27,238) $83,954 $1,019,643 ($181,071)*

Summary • Operating results were above budget

• Sales up 13% over previous corresponding period (H1 2016)• Operational results are skewed towards H2 with more Australians travelling from January onwards

• Further growth expected in sales from Q4 FY2017 from new partners & Wi-Fi expansion

• Results reflect FY2017 as a building year• United’s multiple initiatives to contribute to FY 2018 financials

*includes one off $445,000 in capital raising costs

one off cost of $100,000 in contract migration fees

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4. Business Outlook

1. Growing the Customer Baseo Forming additional partnerships o Currently finalising agreements several large groups

2. Providing a competitive local SIM producto Opportunity for in-bound tour operators and airlines

3. Local Area Targeted Marketingo Beta version anticipated to launch 1H FY18

4. Board & Management Additions

o COO appointedo In discussions with several high caliber individuals

• FY2017 is a building year

o Long lead times for sales cycle with major corporates

o Benefits from current activities to culminate from FY2018 onwards

o New international client focus

• Strategies for growth include:

o Deepening relationships with existing customers

o Monetisation of analytical data

o Increased location based services emergency services and advertising

o Utilizing CRM platform to offer local solutions for end users

o New products e.g. SIM-less technology, Wi-Fi and Local MVNO.

Objectives

Medium Term Approach

FY2018 onwards

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Anthony GhattasNon-Executive Chairman

Charbel NaderNon-Executive Director

Nicholas GhattasCEO and Director

Anthony Ghattas is the former CEO of ASX listed, digital and mobile content development company HWW Limited and had successfully led the expansion of the business into mobile content management and distribution.

Anthony is the Founder and Managing Director of United Lifestyle Group which retails consumer direct wines under multiple brands in Australia, New Zealand, and United States.

Over the last 10 years, Anthony has seen to the growth of United Lifestyle Group across multiple continents.

Nicholas Ghattas has more than 20 years of experience in telecommunications and CRM development. As an expert in sourcing, developing, building and managing mobile solutions, Nicholas has been able to deliver quality telecommunications solutions to many large companies. His diverse experience includes roles such as Corporate Financial Accountant at Coopers & Lybrand (PwC) and Director of a major mobile retail outlet for Three Mobile. Nicholas holds a Bachelor of Commerce degree from the University of New South Wales.

Charbel Nader is an investment banker with extensive experience in corporate finance and strategic advisory roles, including experience in mergers and acquisitions. Charbel first came to prominence through a number of innovative film financing transactions including films such as The Matrix series and Ocean’s Eleven.

Charbel has worked with News Corp’s venture capital e-Ventures and PBL/Nine Network and is also the Founder and Executive Vice President of Australia Acquisition Corp. Charbel is also the Founding Chairman of Metro Media Holdings Pty. Ltd. and in 2015, Charbel oversaw and managed the sale of the remaining 50% interest in Metro Media Holdings for A$72m.

5. Board & ManagementF

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5. Board & Management (cont’d)

Michael Potts is the CFO and Company Secretary of United Networks Limited. Michael has more than 30 years of experience in major firms including Deloitte, Nexia Australia, MasterPackSystems and JUA Underwriting Agency. Michael’s expertise has seen him in roles and responsibilities ranging from consultancy to CFO. Michael holds a Bachelor’s Degree in Business/Managerial Economics from Macquarie University and is a member of the Institute of Chartered Accountants in Australia.

Michael PottsChief Financial Officer

Neil BrenerChief Operating Officer

Andrew Weeks has more than 13 years of experience working in system administration, system performance, security, infrastructure, networking and architecture. Andrew’s diverse and extensive knowledge includes development, project management and monitoring high availability hardware and software platforms both in-house and in enterprise-level data centres. Andrew also holds a Diploma of Information Technology (Network Engineering) and holds a number of further qualifications and certifications.

Andrew WeeksSystems Manager

Neil Brener is an experienced Senior Executive with over 25 years in key strategic operational positions.His roles have included Group COO, Divisional General Manager, and more recently, Head of Mergers and Acquisition and Head of Business Operations at ASX-listed Salmat. Neil's operational background has seen him lead Enterprise-wide Project Management office, Business Optimization and Transformation and he is particularly focused on providing superior customer service through operational excellence. Neil holds a Bachelor's Degree in Commerce and is also a member of the Institute of Chartered Accountants in Australia.

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Anthony Ghattas

Chairman

D +61 2 9003 9501E aghattas@unitednetworks.net.au

Nicholas Ghattas

Chief Executive Officer

D +61 2 9003 9514E nghattas@unitednetworks.net.au

Contacts

Level 2, 100 William Street Woolloomooloo, NSW

Australia • New Zealand • Hong Kong • North America • Europe

www.unitednetworks.net.au

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