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Mint Wireless Limited (ASX:MNW)

Company update

September 2013

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Global observations

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© Mint Wireless Limited | confidential | September 2013

Millions of Companies using mPOS

Worldwide 1

2017

8m

18m 2013

The new trillion dollar market

The mobile payment (or “mPOS”) markets have been heating up in the US and EU for the last two years

Exponential growth in number of user adoption Exponential growth in transaction dollar values Trillion dollar global market by 2016 2

Global market trends:

1. Annapolis Consulting Group, 2012 2. BI Intelligence Mobile Payments Transaction Value Forecast, June 2013

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$35bn

$172bn

$20bn

$579bn

Australia EFTPOS & mPos

in billion $

Expected growth for mPOS

$464bn

$7bn +185% Total payments

transaction value

Mint aims to be the leader in Mobile Payments in Australia & NZ

Australia represents a great opportunity as the competition is low and the barrier of entry high due to regulatory hurdles

2014

2017

Total payments transaction value

mPOS1 mPOS

1. IE Market Research

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• 5 year contract • Powering MYOB’s mobile payment solutions

• UK’s largest airline. Excess baggage payment. Deploying to 130 airports • Opportunity to power mobile payments to air transport industry

Why will Mint be successful in this disruptive mPOS market?

Mobile Payments – a proven and successful disruptor to traditional payment markets globally Significant milestones reached and ready to scale:

Mint has a proven and tested mobile payments platform in Australia, UK and EMEA Successfully completed all necessary compliance and bank accreditation with Bendigo, Barclaycard and RBS WorldPay

Mint’s powerful and globally accepted mobile payments platform is bank grade, secure and accepts ALL card types (credit, debit and EFTPOS)

Mint’s payment technology is ready to scale with the flexibility to integrate and “empower” organisations who want to get into mobile payments quickly and without building from scratch

Significant customer and distribution contracts in Australia and UK signed:

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The Mint Platform

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With it’s modular technology Mint is flexible enough to support multiple needs and solutions

Front-End Interface

App

White

Label

BYO

App

Hardware

Web Portals

Merchant

Portal

Admin

Portal

Mint Backend

Payment Server

Payment Switch

Services

SMS Email

APIs

APIs

Banks

APIs

APIs

EMV Kernel

Business

Logic

Authen-

tication

User

Mgmt.

Merchant

Mgmt

Database

Mint’s got all the pieces ready to go

Chip &

Pin Chip &

Sign

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State-of-the-art native iPhone and Android apps F

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Mint finished all necessary compliance work and is offering a bank grade secure mobile platform plus state-of-the art hardware: PCI-DSS P2PE Security Chip and Pin Contactless EMV I & II HSM – Hardware Security Module

Mint has compliant and secure mobile payments hardware F

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Turn Key Bank and Merchant Portal F

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Growth Strategy

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Mint simplifies the integration of card payments into existing mobile solutions by easily providing bank grade payments infrastructure to third parties. The Mint Platform is the base of Mint’s three main product offerings:

Minterprise for large corporations Mintegrate for developers Mint mPOS for merchants

Mint’s simple, but powerful mobile payments platform F

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Corporate Distribution Partners: Partners such as banks, telco’s and solution providers who plan to resell co-branded or white

labeled solutions to their customers. Example partner: MYOB

Corporate Enterprise Solutions: Enterprise partners who are looking for a mobile payment solution for their own workforce. Example customer – EasyJet, Cadbury Schweppes

Minterprise Corporate Solutions

White label Quick: Speed to market Easy: Low touch solution Future proof: Expandable anytime Native apps: iOS & Android

Custom Solutions Branded: Perfectly integrated into

your customer experience Seamless: Deep integration into

your existing or new applications

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Mint runs Australia’s most flexible, open and competitive developers program for anybody who wants to expand their customers ability to accept payments on mobile devices. This open platform will provide developers with everything to integrate mobile card payments into their apps:

APIs SDKs for iOS, Android and Windows Brandable portal Compatible hardware Reporting tools Revenue share

Mintegrate Developers Program F

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Mint offers Australia’s most convenient payment solution on mobile devices to micro merchants and small merchants. Build up on the Mint Platform, Mint will offer a stand alone, Mint branded consumer solution of it’s white label product to merchants.

Mint mPOS for Merchants

Free mobile payment apps for iPhones, iPad and

Android smartphones.

Simple pricing and no lock-in contract.

Affordable credit and debit card reader.

Secure Chip & Sign.

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Established customers and new distribution channels F

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Transaction Fees

Recurring Fees

One-Off Fees

Proven Revenue Streams

Hardware Revenue

Professional Services

Annual License Fees

Monthly User Fees

~1.9% - 2.75% per successful charge

* Fees are variable and dependent on product, volume, channel and industry type

REVENUES*

Highly scalable business, with low marginal cost per user resulting in high gross profit and EBITDA margins

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Experienced Management Team assembled to execute strategy

Corporate & Finance

Alex Teoh

CEO

Andrew Teoh Executive Director

David Owyong

CFO

Strategy & GTM

Justus Hammer

CMO

Bjorn Behrendt

GM

Dan Hayter Head of EMEA

Technology, Product & Operations

Dr. Fred Yip

CTO

Rob Broers

COO

Mint has assembled an experienced and highly success driven management team to implement and execute the company’s strategy.

http://www.mintpayments.com/investor-relations-3/management-team/

For more information on the team’s experience go to:

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Outlook

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Outlook

• Capitalise on growing mPOS market in Australia, New Zealand, UK & EMEA

• Focused on executing growth strategy

o Delivery of key customer contracts

• Growth in …

o Recurring revenues;

o Total transaction values; and

o Number of users

• Continue to invest and innovate

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Questions

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Appendices: About Mint

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Appendix 1: Corporate snapshot

23

Terry Cuthbertson

Non Executive Chairman

Former Partner at KPMG

Group Finance Director of Tech Pacific for Asia Pacific.

Chairman of ASX listed My Net Fone Limited, Montec International, Austpac Resources N.L. , Sun Biomedical Limited, OMI Holdings Limited and South American Iron & Steel Limited

Alex Teoh

Managing Director / Chief Executive Officer

Founder of Mint Wireless

Previously senior consultant at Cap Gemini Ernst & Young in Sydney , and Principal Consultant at PricewaterhouseCoopers Hong Kong responsible for their SE Asia CRM strategy practice

Andrew Teoh

Executive Director

Previously the Managing Director of Montec International Limited (ASX listed).

Extensive experience with emerging consumer and telecommunication technologies with prior experience in the pre-paid telecommunications industry

Credible and highly experienced board to drive business strategy

Daily share price movement (6 months)

Stock code MNW

Listed since 2nd August 2007

No. of shares 368,672,395

Price $0.085

Market Capitalisation $31.3 mil

Board of Directors Capital Structure (as at September 2013)

Top 5 shareholders %

TAAJ CORPORATION PTY LTD 28.0%

DOBRANI PTY LTD 7.33%

UOB KAY HIAN PRIVATE LTD 4.79%

SUN HUNG KAI INVESTMENT SERVICES LTD 4.72%

TRANDARA PTY LTD 2.86%

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Appendix 2: FY13 results analysis & Highlights

AUD (‘000s) FY13 FY12 %

Revenue continuing operations 960 303 Up 217%

Net operating loss after tax attributable to members 3,415 4,650 Down 27%

Increase in recurring revenues (license and transaction fees)

• Result reflects investment in development resources and infrastructure required to complete bank accreditation. Once-off loss of $1.1million from divestment of micro-payments business.

FY13 Results Analysis

Highlights and Outlook

Mint completed all necessary compliance and offers a bank grade, secure mobile payments platform

Bank accreditation achieved in Australia and UK markets

Mint’s powerful and secure payment technology ready to scale

Significant distribution contracts signed

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Contact

Alex Teoh Chief Executive Officer Mint Wireless Limited

T: +61 2 8752 7888 F: +61 2 8752 7899

E: [email protected] F

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