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Airtasker Limited ABN 53 149 850 457 15 October 2026 ASX Announcement Airtasker Limited (ASX:ART) 1Q27 Trading Update Airtasker Limited (ASX:ART) is pleased to lodge the aached presentation being made by Chief Executive Oicer, Tim Fung and Chief Financial Oicer Reena Minhas at its 1Q27 Trading Update as follows: Date: Thursday 15 October 2026 Time: 11.00 am AEDT Webinar: Participants can register and join the webinar here: 1Q27 Trading Update Mr Fung and Ms Minhas will also participate in a Q&A session where aendees will have the opportunity to submit questions directly to management. A recording of the webinar will be made available following the event. -- Ends – To receive regular Airtasker announcements and updates and to engage with management join Airtasker's Investor Hub or for more information visit investors.airtasker.com. For further information, please contact: Media Enquiries Andrea Philips andrea.philips@airtasker.com Investor Relations investors.airtasker.com investors@airtasker.com About Airtasker Airtasker Limited (ASX:ART) is Australia’s leading online marketplace for local services, connecting people and businesses who need work done with people who want to work. With a mission to empower people to realise the full value of their skills, Airtasker aims to have a positive impact on the future of work by creating truly flexible opportunities to work and earn income in the rapidly changing AI era. In 2025, Airtasker entered the world of Formula OneTM through its partnership with the Visa Cash App Racing Bulls Formula OneTM Team (VCARB). Since launching in 2012, Airtasker has had over $1 billion in jobs and 5 million tasks completed globally on the platform, and has put more than $839 million into the pockets of Australian Taskers (net of Airtasker’s fees). This announcement was approved for release by the Board of Directors of Airtasker Limited.
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https://investors.airtasker.com/link/r6921e 1Q27 Trading Update15 October 2026
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The following disclaimer applies to this presentation. Please consider its contents carefully. By accepting this presentation, you acknowledge that you are receiving it on the basis set out in the following paragraphs. This presentation has been prepared by Airtasker Limited (Airtasker). Currency of information The information contained in this presentation is current as at the date of this presentation or such earlier date as specified in this presentation. Summary information The information in this presentation is of a general nature only and does not purport to be complete. Not an oer This presentation is not a prospectus or other disclosure document, and is not an invitation or oer of securities in Airtasker for subscription, purchase or sale in any jurisdiction. Third party information Certain market and industry data used in connection with this presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Neither Airtasker nor any of its related bodies corporate, directors, employees, agents or advisers have independently verified any such market or industry data. Historical information Past performance information in this presentation is given for illustrative purposes only and should not be relied upon as, and is not, an indication of future performance. Forward looking information This presentation contains certain forward-looking statements that involve risks and uncertainties. Airtasker can give no assurance that these expectations will prove to be correct. You are cautioned not to place undue reliance on any forward-looking statements. Forward looking information (continued) Actual results may dier materially from those anticipated in these forward-looking statements due to many important factors, risks and uncertainties including, without limitation, risks associated with future capital needs and general economic uncertainty. Airtasker does not undertake any obligation to release any revisions to any “forward-looking statement” to reflect events or circumstances after the date of this presentation, except as may be required under applicable laws. Financial information This presentation contains certain financial information. The financial information has been presented in an abbreviated form insofar as it does not include all the presentation and disclosures, statements or comparative information as required by the Australian Accounting Standards (AAS), the International Financial Reporting Standards (IFRS) (including the interpretations of the International Financial Reporting Interpretations Commiee) and other mandatory professional reporting requirements applicable to financial reports prepared in accordance with the Corporations Act. All currency is in Australian dollars unless indicated. All financial information is unaudited unless otherwise indicated. Non-IFRS financial measures Airtasker uses certain measures to manage and report on its business that are not recognised under AAS or IFRS. These measures are collectively referred to in this presentation as ‘non-IFRS financial measures’ under Regulatory Guide 230 ‘Disclosing non-IFRS financial information’ published by the Australian Securities and Investments Commission (ASIC). Management uses these non-IFRS financial measures to evaluate the performance and profitability of the overall business. Although Airtasker believes that these measures provide useful information about the financial performance of Airtasker, they should be considered as supplements to the income statement measures that have been presented in accordance with AAS and IFRS in Airtasker’s audited financial statements released on ASX and not as a replacement for them. Disclaimer No representation or warranty, whether express or implied, is made by any person as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. You should carry out your own investigations and analysis of Airtasker and verify the accuracy, reliability and completeness of the information contained in this presentation. Neither Airtasker nor any of its related bodies corporate, directors, employees, agents and advisers accept any responsibility for any loss arising from anyone acting or refraining from acting in reliance on the contents of this presentation. Distribution This document has been prepared for publication in Australia and may not be released to United States wire services or distributed in the United States. By receiving this document you are deemed to confirm, represent and warrant to Airtasker and its related bodies corporate and each of their directors, employees, agents and advisers that you agree to be bound by the limitations and conditions set out in this disclaimer. Disclaimer 2
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Record Australian GMV2: Australian GMV up 20.9% on pcp to $57.3m, more than 3x the growth rate of 1Q26 (6. 1% pcp growth). Australia revenue up 15.0% on pcp to $12.2m. Brand investment, pricing and memberships all contributed. With success of memberships, revenue growth has trailed GMV as membership fees are included in GMV when paid and recognised as revenue over the membership period. As memberships scale, revenue will continue to trail GMV until membership growth matures. UK and US momentum continues: UK GMV2 ARR reached $26.4m3 with revenue up 39.0% on pcp. US revenue increased 20.9% on pcp with GMV2 ARR at $8.6m3. Both markets move into their seasonally softer autumn / winter season after a strong northern summer period. Membership surpasses 25,000 paid subscribers: Paid subscriptions surpassed 25,000 members at 30-Sep-26, up from 10,000 at Jun-26, and well on track to achieve FY27 target of 50,000 members. Members pay upfront and as a result cash is received in advance of revenue. FY27 guidance re-airmed: On the back of 1Q27 performance, Airtasker re-airms FY27 guidance issued in Aug-264. GMV 20.9% Revenue 15.0% GMV $26.4m ARR GMV $8.6m ARR Executive Summary 1.All amounts are unaudited and exclude the Oneflare marketplace. 2.Gross marketplace volume (GMV) for Airtasker only. GMV represents the total price of all tasks booked through the Airtasker marketplaces before cancellations and inclusive of price adjustments between customers and Taskers, bonuses paid by customers to Taskers, fees payable by customers and Taskers to Airtasker, Tasker and customer memberships and any applicable sales taxes. 3.Sep-26 GMV multiplied by 12. 4.FY26 Results Presentation. 3 25,000+ Members(Paid Subscribers)
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FY27 Guidance (Aug-26) FY27 Guidance Update Australia to deliver double digit revenue growth (ex-Oneflare) with increasing contribution from topline GMV growth. Australia (including all global head oice costs) cash flow generation to increase (FY26: $16.5m). Membership delivers 50,000+ paid subscribers. Airtasker UK continues to grow GMV and revenue whilst reducing cash investment compared to FY26. Airtasker US GMV and revenue growth supported by a targeted program of marketing activity alongside media partners. Group positive free cash flow. 4 FY27 guidance re-airmed
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1Q27 Group revenue of $14.0m Airtasker marketplaces revenue Airtasker international revenue4 $1.8m $14.0m Airtasker Australia revenue3 $12.2m 1.All amounts are unaudited. 2.Prior period comparatives exclude the Oneflare marketplace. The Oneflare brand and technology platform was retired in 4Q26 and its business and operations migrated to the Airtasker Australia marketplace.. Including Oneflare marketplace, Group revenue is up 1.4% on pcp. 3.Airtasker Australia revenue excludes Oneflare marketplace. 4.Airtasker international revenue is Airtasker marketplaces excluding Airtasker Australia and the Oneflare marketplace.UK and US revenue growth rates on slides 7 and 8 are in local currency (GBP and USD) and are not directly comparable. 16.2%1Q27 revenue on pcp excl OF2 15.0%1Q27 revenue on pcp 24.8%1Q27 revenue on pcp 5
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●Record GMV: 1Q27 GMV up 20.9% on pcp to $57.3m, the highest quarter on record. Booked tasks up 7.8% on pcp, with average task price up 12.2% from refreshed customer pricing and inflationary tailwind. ●Strongest first quarter revenue: 1Q27 revenue up 15.0% on pcp to $12.2m and on track to maintain double-digit revenue growth in FY27. ●Membership base growing: Paid subscribers surpassed 25,000 globally2 as at 30-Sep-26. ●Strategic media partnerships secured: Launched new strategic partnerships with Nova Entertainment and oOh!media to secure $11.0m in media capital over 3 years. Together with Nine Entertainment, this brings total Australian investment in media capital to $16.0m to further accelerate brand awareness. ●Brand awareness increasing: Unprompted brand awareness (brand salience) was up a further 9%3 on pcp in 1Q27, building on the 20% uplift delivered in FY26. Airtasker Australia GMV & Revenue 1.All amounts are unaudited and exclude the Oneflare marketplace. 2.Over 22, 100 members in Australia and over 2,900 in international marketplaces. 3.YouGov Brand Tracker. 20.9%1Q27 GMV on pcp 6 Australia: 1Q27 Revenue up 15.0% on pcp
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UK: 1Q27 Revenue up 39% on pcp 7 ●Record revenue: 1Q27 revenue up 39.0% on pcp to £0.8m ($1.4m) driven by topline GMV growth. ●TTM momentum continues: 1Q27 TTM2 GMV up 44.4% on pcp to £12. 1m ($23.3m) and TTM revenue up 45. 1% on pcp to £2.5m ($4.7m). ●Growing recurring revenue stream: Acquired 2, 100+ paid subscribers in UK since launch in May-26. ●Strong GMV run-rate: Sep-26 GMV ARR3 at £14.0m ($26.4m). As the northern hemisphere moves into autumn / winter, we expect GMV to soften through 2Q/3Q before picking up again in 4Q. ●Guidance re-airmed: On track to grow GMV and revenue whilst reducing cash investment compared to FY26. Airtasker UK GMV & Revenue 1.All amounts are unaudited. 2.Trailing twelve months. 3.Sep-26 GMV multiplied by 12. $26.4mAnnualised GMV run rate
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USA: 1Q27 Revenue up 21% on pcp 8 ●Revenue continues to scale: Revenue up 20.9% on pcp to US$0.3m ($0.4m) driven by topline GMV growth. ●Strong growth momentum: 1Q27 TTM GMV up 80.8% on pcp to US$4.8m ($6.9m) and TTM revenue up 69. 1% on pcp to US$0.9m ($1.4m). ●Strong GMV run-rate: Sep-26 GMV ARR2 at US$6. 1m ($8.6m). As the northern hemisphere moves into autumn / winter, we expect GMV to soften through 2Q/3Q before picking up again in 4Q. ●Targeted growth: Rolling out a disciplined, targeted program of marketing activity alongside media partners. Airtasker USA GMV & Revenue 1.All amounts are unaudited. 2.Sep-26 GMV multiplied by 12. $8.6mAnnualised GMV run rate