Tesserent Limited Annual Report 2021

The Directors of Tesserent Limited (the “Company”) submit herewith the Directors’ Report on the Company for the financial year ended 30 June 2021. To comply with the provisions of the Corporations Act 2001 , the Directors report as follows: DIRECTORS Details of the Directors of the Company in office at any time during or since the end of the financial year and at the date of this report are: Geoff Lord Non-Executive Chairman (Appointed 10 January 2020) Qualifications: MBA (Distinction) (Melbourne), BEc (Hons) (Monash), FIDA, ASIA Experience: Geoff is the Founder and CEO of the Belgravia Group, a privately held investment group which since being established in 1990 has grown to employ more than 10,000 people in businesses spanning sports and sports technologies, fitness, leisure, sports camps, clothing and more. In addition, Geoff is the former Founder and Chairman of UXC Limited, one of Australia’s largest IT services businesses. After being founded in 2002 as a $5m business, UXC grew under Geoff’s leadership to be acquired in 2016 by NYSE-listed Computer Sciences Corporation (now DXC Technology) in a deal valued at A$427.6m. Other board positions held by Geoff include Director Melbourne Business School, founding Director of SME finance business Judo Bank and Chairman of Salvest. He has also shown a significant passion for sports and clubs, having served as Chairman of Hawthorn Football Club and Melbourne Victory. Geoff is the largest shareholder in Tesserent and previously acted as an advisor to the board since early 2019. Other Directorships in listed entities: None Former Directorships in listed entities in last 3 years: None Interests in Shares and options: 99,258,956 ordinary shares 8,882,500 share options 6,000,000 5 year call options Directors’ Report for the year ended 30 June 2021 Annual Report 2021 Tesserent Ltd 26