For personal use only 18 September 2017 YEAR IN REVIEW PRESENTATION - PDF document

ASX Code: FDV For personal use only 18 September 2017 YEAR IN REVIEW PRESENTATION Frontier Digital Ventures Limited ( “Frontier”, ASX : FDV) is pleased to release a new investor presentation which highlights the significant operational progress made since its IPO on 26 August 2016. The CEO and Founder of Frontier, Shaun Di Gregorio, will be presenting these materials to shareholders and investors at a series of upcoming meetings. - END - For more information, please contact: Shaun Di Gregorio Chief Executive Officer Tel: +60 17 207 6221 Email: shaundig@frontierdv.com About Frontier Digital Ventures Limited Frontier Digital Ventures is a leading operator of online classifieds businesses in underdeveloped, emerging countries or regions. With a track record of building and supporting market leading online businesses, Frontier Digital Ventures are experts in the online classifieds space with a particular focus on property and automotive verticals and general classifieds websites. Its portfolio currently consists of 18 market leading companies, operating businesses across 22 markets. With the extensive support offered to the local operating companies, coupled with their own energy and work ethic, Frontier Digital Ventures is bringing outstanding companies of global significance to their full potential and setting a new global standard of excellence in the field. Frontier Digital Ventures Ltd 39-8 The Boulevard, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia Tel: +60 3 2201 0790 www.frontierdv.com

For personal use only ONLINE CLASSIFIEDS IN FRONTIER MARKETS Y E A R I N R E V I E W P R E S E N T A T I O N | S E P T E M B E R 2 0 1 7 FRONTIER DIGITAL VENTURES

STRONG OPERATIONAL AND FINANCIAL GROWTH SINCE IPO For personal use only Over the 12 months since its IPO, Frontier has executed on its plan to become one of the leading emerging online classifieds businesses globally +84% Increase in portfolio revenues (1H 2017 on 1H 2016) +44% Total shareholder return since IPO +16% Increase in total monthly sessions (average increase of +65%) +3 Companies added to the monetisation stage +3 New investments executed (all at the monetisation stage) 2 FRONTIER DIGITAL VENTURES

CORPORATE SNAPSHOT For personal use only Frontier is focused on developing online classifieds businesses in underdeveloped, emerging countries or regions Share price performance Top shareholders 80 Catcha Group (Patrick Grove and Luke Elliott) 40.8% 75 Shaun Di Gregorio (CEO & Founder) 17.1% 70 Fidelity Management 7.4% 65 Private Portfolio Managers 6.2% 60 55 Financial information 50 Share price (14-Sep-17) A$0.735 45 52 week trading range (high / low) A$0.77 / A$0.43 40 Shares on issue 216.8m 1 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17 Market capitalisation A$159.3m Cash (30-Jun-17) A$20.1m Board of Directors Debt (30-Jun-17) No debt David Baxby Non Executive Chairman Enterprise value A$139.2m Shaun Di Gregorio Founder and CEO Source: IRESS Notes: Mark Licciardo Non Executive Director and Company Secretary 1. Includes 90.5m escrowed shares held by Catcha Group, Board and management expected to be released on 25 August 2018. Excludes performance rights. 3 FRONTIER DIGITAL VENTURES

CURRENT PORTFOLIO For personal use only Frontier has established a leading portfolio of 18 online classifieds investments across 22 frontier markets Current Operating company Type shareholding Zameen 30% Property Currently – Investments at this stage are Encuentra24 42% General monetizing focused on increasing revenues (9 companies) iMyanmarHouse 43% Property – Uses targeted marketing and AutoDeal 33% Automotive build out of product range Propzy 21% Property – Increased opportunity to Infocasas 31% Property monetise revenue streams closer to the transaction LankaPropertyWeb 48% Property – CarsDB 76% Automotive Detailed operational updates contained in the Appendix Pakwheels 37% Automotive – Investments at this stage are ToLet 39% Property Monetisation focused on improving quality of Kupatana 31% General listings and leads planning stage – Moteur 49% Automotive (4 companies) Traffic also will increase through SEO, UX and platform meQasa 66% Property developments casaMozambique 42% Property – Growing Investments at this stage are Afribaba 65% General operating primarily focused on increasing metrics listings and advertisers IMCongo 66% Property – (5 companies) Marketing awareness exercises Carwangu 60% Automotive are also undertaken Angocasa/Angolacarr 60% Property/Automotive 4 FRONTIER DIGITAL VENTURES

SIGNIFICANT PORTFOLIO ACTIVITY IN THE LAST 12 MONTHS For personal use only Frontier has added 3 new businesses to its portfolio over the 12 months since IPO – as well as increasing ownership in 6 of its most successful investments Ownership changes: Pakwheels +1.7% iMyanmarHouse +3.4% Encuentra24 +7.2% LankaPropertyWeb +10.5% Africa Asia meQasa +6.0% Moteur +17.0% Central and South America New investments made in June 2017 in leading SE Asian portals ( Propzy and AutoDeal ) New investment made in September 2017 in South American property portal (Infocasas) 5 FRONTIER DIGITAL VENTURES

3 HIGHLY STRATEGIC INVESTMENTS COMPLETED For personal use only Leading property portal across three Strategic expansion into the very large Frontier’s first investment into a fully highly targeted South American markets Philippines market transaction focused classifieds business – Location: Uruguay, Bolivia, Paraguay – Location: Philippines – Location: Vietnam – Business: Online real estate platform – Business: Philippines #1 new car sales – Business: Online classifieds platform that operating in several frontier South platform originates and facilitates property sale and American markets leasing transactions in Vietnam – Revenue: A$412k in 1H 2017 – Revenue: US$428k in 1H 2017 – Revenue: A$284k in 1H 2017 – Monetisation stage: Monetising – Monetisation stage: Monetising commenced – Monetisation stage: Monetising commenced commenced – Rationale: Founders have a track record of – Rationale: Regional focus in less success in the Philippines and are building – Rationale: Competitive advantage derived competitive mid-tier markets (following AutoDeal into another market leader from focus on high quality listings from comprehensive market and competitor qualified and approved real estate agents – Frontier invested: A$3.1m review) – Frontier invested: US$1.2m • Mixture of cash (A$1.5m) and Frontier – Frontier invested: US$952k equity (A$1.6m at A$0.55 issue price) • Investment payable in 2 cash tranches • Invested in one cash tranche • A$0.5m option to increase ownership • Second tranche subject to agreed • Frontier also received an option to to 36.84% upon achievement of performance milestones increase ownership to 51% in 2 years A$0.8m revenue in CY2017 – Frontier’s ownership: 28.6% – Frontier’s ownership: 31.3% – Frontier’s ownership: 33.33% All 3 investments made are at the monetisation stage, consistent with Frontier’s strategy of establishing a portfolio of 10 businesses at the monetisation stage 6 FRONTIER DIGITAL VENTURES

TARGETED INVESTMENT WITHIN EXISTING PORTFOLIO For personal use only Frontier exercised 7 options to increase ownership within its existing portfolio on the back of strong operational and financial performances Company Amount Ownership increase Rationale Clear market leader, effectively monetising the classifieds base while US$250,000 35.14% 36.84% +1.7% rolling out more ancillary services Having established market leadership in Myanmar, increased revenues US$300,000 39.19% 42.59% +3.4% generated from sales commissions from new property transactions Continuing to exceed KPIs including growth in advertisers, listings, monthly US$933,333 34.90% 38.70% site visits, revenue and EBITDA +3.8% Further superior growth with +682% increase in monthly leads and +58% US$1,051,095 38.70% 42.10% increase in monthly revenue since Frontier’s initial investment in 2015 +3.4% Consolidated #1 position with +90% growth yoy in revenue and +2,318% US$200,000 37.30% 47.80% +10.5% growth in leads Significant increases in operating metrics in attractive West Africa market, US$300,000 60.24% 66.24% +6% high growth opportunity extending to ancillary revenues services Continued operational outperformance, exceeding KPIs including US$330,000 32.00% 49.00% +17% consumers per visit and leads generated Frontier remains committed to opportunistically deploying fresh capital to its portfolio businesses that are experiencing strong growth, in order to increase Frontier’s equity value 7 FRONTIER DIGITAL VENTURES