Slides
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Annual Shareholders Meeting 1 September 2026
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• Who is TruScreen • The TruScreen Technology • The Global Cervical Cancer Screening Market • TruScreen Sales and Growth Strategy
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Who is TruScreen Enabled by AI, TruScreen provides an accurate, real time cervical cancer screening solution
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4 TruScreen Group Ltd is a revenue generating Life Science company with a unique, AI-enabled real-time cervical cancer screening device. FY26 annual sales exceeded NZ$ 2.4m 42% YOY growth.
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5 Device installations and SUS Sales KEY FINANCIALS NZ$ (m) FY 23 Actual FY 24 Actual FY25 Actual FY26 Actual Sales 1.66 2.1 1.7 2.4 Total Revenue 2.2 2.6 2.1 2.8 COGS 1.3 1.4 1.2 1.7 R&D 0.9 0.9 0.8 0.9 EBITDA -2.4 -2.0 -2.2 -2.2 Write off of Non-Current Assets -0.05 - - - Amortisation & Depreciation - - - - LOSS FOR YEAR -2.4 -2.0 -2.2 -2.2 Net Assets 2.5 3.2 1.0 2.6 Cash 2.2 2.7 0.04 1.5 Sales increased 42% YOY SUS Sales increased 1% YOY Revenue increased 33% YOY EBITDA – no change YOY Net Assets increased 160% YOY
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6 Share Price History TRU.NZ Market Capitalisation at 24 August 2026: NZD $15.7m Shares on Issue: 1,047,718,877 TruScreen Group Ltd is dual listed on the Australian (ASX) and New Zealand (NZX) stock exchanges, with a common ticker code of TRU.
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7 Major Shareholders Shareholder Shares % New Zealand Depository Nominee 135,078,919 12.9% VEN Capital Pty Ltd 83,545,906 8.0% Ryan Peter Parkin 38,734,331 3.7% New Zealand Central Securities 38,075,089 3.6% Bhagwanji Bhula Rama 34,849,999 3.3% HSBC Custody Nominees 30,385,427 2.9% Masfen Securities Limited 29,050,369 2.8% Mr Kevin Ho & Mrs Vikki Ho 18,917,645 1.8% David Russell Stewart & Adrienne Ruth Stewrd 16,829,724 1.6% Mr Anthony Peng Ho & Mrs Chui Hoong Ho 15,460,478 1.5% Zhen Chen 15,000,000 1.4% Ross Andrew Upton & Clare Upton 12,000,000 1.1% Custodial Services Limited 11,196,550 1.1% Citicorp Nominees Pty Limited 11,012,275 1.1% Albert Nominees Limited 11,000,000 1.0% Allan Michael Nobilo & Lynne Nobilo 10,443,076 1.0% Spark Plus Pte Ltd 10,380,917 1.0% Consolidated Nominees Pty Ltd 10,062,500 1.0% Leveraged Equities Finance 9,306,105 0.9% FNZ Custodians Limited 8,593,614 0.8% 549,922,924 52.5% As at 18 August 2026
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8 2025 & BeyondBuilding for the Future 2020-2024Building the Fundamentals 2014 - 2020 The TruScreen Journey 2025 China Growth continues Distribution of Dalton Bio IVD HPV DNA products Vietnam HPHA program targets 260,000 women Indonesia and ASEAN commence commercial use Distributor appointed in South Africa Global focus on AI boosts recognition of TruScreen 2018 Oct 523% sales growth in H1 2019 May Recognition by World Health Organization 2020 Jan ASX Listing 2014 Nov Listing on NZAX 2023-24 COGA Blue Book and CSCCP Guidelines include TruScreen UNITAID recognises TruScreen’s value for Cervical Cancer screening WHO invited TruScreen to participate in Key AI meeting for cervical cancer screening Vietnam – HPHA large scale screening MOU signed 2018 Jul Commence large scale pilot programs in China with CDC and COGA 2018 Dec Migration to NZX 2022 Managing COVID -19 challenges Cost reduction Manufacturing and business development in China Completion of major COGA study Strengthen distributor arrangement in Vietnam 2017 Dec CFDA (NMPA) approval for second generation device 2026 Uzbekistan and Zimbabwe screening programs to commence UNITAID, CHAI and Gates Foundation funding applications made Distributor appointed in Romania Landmark COGA paper published
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9 TruScreen’s Development Investment ~A$75M* (NZ$87m) ~NZ$25 M 1987 – 2013 2014 - 2026 • Algorithm Development • Device Development • Single Use Sensor Development • Clinical Trials • Regulatory Approvals • Market Access • Market Development *based on TRU pre listing Disclosure Document notes pp 46-47. • Algorithm Improvement • Device Miniaturisation • Single Use Sensor Process Improvement • Clinical Trials • Regulatory Approvals • Market Access • Market Development
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10 NZ$ 5M capital raised June 2026 A placement to institutional and other select investors in New Zealand and Australia to raise up to NZ$1m OVERSUBSCRIBED. The placement was successfully managed by joint lead managers, S P Corporate Advisory Pty Limited and Erity Capital Pty Limited. Placement Shares issued under the Placement carried attaching options with an exercise price of NZ$0.014 (AD 0.012) and an exercise period of 24 months from the date of issue of the initial Share. The options were offered at a ratio of one (1) option for every two (2) Shares subscribed for and issued under the Placement. A one (1) for five (5) pro-rata renounceable rights issue to raise up to circa NZ$1.943 million (A$1.644 million) OVERSUBSCRIBED. Shares were offered at NZ$0.013 (A$0.011) - a 24% discount to the closing price on 19 May 2026. Options Rights Offer
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The TruScreen Technology
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12 Handheld device (HHD) Single Use Sensor (SUS) How The TruScreen Device works Intelligent Cradle 1 2 A pen-like wand covered by a disposable Single Use Sensor (SUS) is used to gently touch multiple spots on the cervix. The TruScreen device sends and picks up low level electrical and optical signals (14 readings per second) from the cervical tissue. The optical and electrical signals are analysed by an integrated Al-enabled algorithm to identify the presence of abnormal (cancerous and pre- cancerous) cells in the cervix and provide physicians with real-time results. Each TruScreen examination takes two minutes to produce results, compared to conventional cytology (PAP) tests or HPV DNA tests which can take days, weeks, or even months in some countries, for a result to be returned.
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13 Instant results, no laboratories needed. TruScreen provides an instant result during the patient visit ensuring patients are not lost to follow up whilst waiting for a screening result - often weeks or months. This enables immediate counselling and clinical action. No laboratory samples needed unlike cytology or HPV tests. TruScreen provides an efficient and objective primary screening solution, particularly valuable in low-resource settings facing significant barriers such as laboratory infrastructure requirements, high costs, expert technicians, sample transport and storage systems and result communications ability.
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14 • World Health Organisation (WHO) • UNITAID • Clinton Health Access Initiative • Daffodil Foundation - Australia • China Obstetricians and Gynaecologists Association • China Society for Colposcopy and Cervical Pathology • Russia Cervical Cancer Screening Guideline • Vietnam Hospital Technical List • CE Mark, European Union • NMPA, China • TGA, Australia • MHRA, UK • Roszdravnadzor, Russia • COFEPRIS, Mexico • WAND New Zealand • SFDA Saudi Arabia (under renewal) • Zimbabwe Ministry of Health • IEAKI Indonesia • Vietnam MOH • India (Test Licence) • Uzbekistan • HSA, Singapore • Thai FDA • MMDR Malaysia TruScreen Regulatory Approvals • ISO 13485 • IEC 60601-1 • IEC 60601-1-2 • CE Mark International Approvals:Recognized by International Quality Accreditation:
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15 Extensive body of clinical evidence Over 40,000 women in clinical trials to date*** ***Total number of subjects across published and unpublished clinical studies in English, data from TruScreen device generation I and II Year Country Investigator N 2002 China Dr Huang Yi 683 2002 China Dr Wang Ziyao 301 2003 UK/Aus Prof A. Singer 651 2008 Poland Dr. Pruski 234 2009 China Prof Ding Ma 302 2010 China Dr. He Xiu-Kui 392 2010 China Prof Fengnian Rong 532 2010 Korea Dr. Hyeong Soo Lim 292 2011 Poland Dr. Pruski 293 2011 China Dr. Li Xia 500 2015 Turkey Dr. Özgü E 285 2016 China Dr. LI Pei, 368 2017 Mexico Dr. Ricardo Lua 521 2018 China Dr. Huixia Yang 2730 2018-2021 China 54 Hospitals 14,982 Year Country Investigator N 2019 China Dr. Baojin Wang 315 2019 China Dr. Wei Zhang 1030 2019 China Dr. Yanhong Jia 320 2020 China Dr Kang Yanan 192 2021 China Prof Chen Fei 974 2021 China Dr Wei Yingting 458 2022 China Dr Chen Zhenbo 476 2022 China Dr Zhu Bo 283 2022 China Dr Zhao Yuqian 1319 2022 Australia Dr Jessica Vet 506 2023 China Dr Luo Lianmei 318 2023 China Dr Liu Hang 997 2024 China Dr Yang Yueming 489 2024 China Dr Fengyi Xiao & Long Sui 1908 2024 Saudi Arabia Dr S Maqsood and DrM Alhudhud 507
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16 COGA Trial (n= 14,982, 2018-2021) 4 • COGA multicentre trial (64 hospitals, 9 provinces), represents the world’s largest opto-electronic cervical screening study • TruScreen specificity surpassed Liquid Based Cytology (LBC) and hrHPV • TruScreen was determined to be a simple, effective and rapid real-time cervical cancer screening method • TruScreen was determined to be an appropriate primary cervical cancer screening tool in regions with high morbidity and mortality to cervical cancer • Highlighted the superiority of TruScreen against alternative screening methods as well as the potential benefits of a TruScreen-HPV co-testing. • The size of the COGA study, which was TruScreen’s largest clinical evaluation to date, lends extra significance to its results and broad conclusions. TruScreen’s sensitivity was well above that for LBC (87.5% v’s 66.5%), with a high degree of statistical significance (p<0.001). TruScreen’s specificity (88.4%) was higher than both LBC (86.3%) and hrHPV testing (78.3%) (also at p<0.001). The sensitivity of TruScreen-hrHPV co-testing was higher than that of LBC-hrHPV co-testing, 98.4% vs 95.9% (statistically significant at p=0.006). NOTE: A Saudi Study published in BMC Womens Health in April 2025 showed TS Sensitivity and Specificity of 83.3% and 95% v Pap at 66.7% and 98.2%
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The Global Cervical Cancer Screening Market
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18 Cervical Cancer Is A Global Public Health Issue† Around 660,000 new cases and around 350,000 deaths in 2022 (WHO). 94% of global deaths occurred in low and middle income countries in 2022 (WHO). Every 2 minutes, a women dies from cervical cancer. Fourth most common cancer in women worldwide, but preventable - in fact only one of a handful of cancers that we understand fully. Most diagnoses occur at working age (35-44) † Cervical cancer (who.int)
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19 1 Zion Market Research 2 Custom Market Insights The Size of the Cervical Cancer Screening Market 2024 US$7.9bn 2033 US$14.5bn • The global cervical cancer screening market was valued at ~US$ 7.9 billion in 2024 - projected to reach US$ 14.5 billion by 2033, an annual growth rate of 5.8% (CAGR).1 • Cervical cancer cases globally rose 16% from 570,000 (2018) to 662,301 (2022), with projections reaching over 1 million by 2050. • TruScreen currently makes up just 0.02% of the total market with enormous headroom for growth. In Low and Middle Income Countries alone, there are 1bn+ women of screening age. • TruScreen’s three core markets of China, India, and Indonesia collectively account for 47.7% of all global cases. • The market remains one of the most dynamic areas in preventive women’s healthcare, with technology, government support, and innovation driving its value higher each year. 2
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20 WHO & 194 Countries are committed to eliminating Cervical Cancer • In 2020 The World Health Organisation (WHO) and 194 member countries agreed on a strategy to eliminate cervical cancer this century 90% 90% HPV Vaccination coverage for girls by 15 years of age 70% 70% of women screened using a high- performance test by 35 years of age and again by 45 years of age 90% 90% of women with pre-cancer treated and 90% of women with invasive cancer managed The WHO and member nations immediate commitment is to have screening coverage of 70% of women by 2030 – which TruScreen is well positioned to support.
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21 Market Potential
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22 High-Income Countries 42% 30% 22% 5% 1% 0 10 20 30 40 50 60 HPV DNA Co-testing Pap cytology AI / opto VIA Low- & Middle-Income Countries 28% 2% 14% 8% 48% 0 10 20 30 40 50 60 HPV DNA Co-testing Pap cytology AI / opto VIA 4 Source: Source: Grand View Research, Future Market Insights, SNS Insider 2025 WHO, CDC PCD 2025, CHAI / Unitaid The Problem That TruScreen Solves. HIC’s vs LMIC’s: Lab based platforms and VIA are struggling to meet the screening needs of LMIC’s, faced with 94% of cervical cancer deaths, limited access to laboratory resources and over reliance on inaccurate VIA programs. ■ AI/optoelectronic platforms such as TruScreen are the highest-growth frontier, especially across LMICs where TruScreen operates.
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23 Why TruScreen? TruScreen Liquid Based Cytology (LBC) HPV DNA Real time results Low infrastructure costs Strong clinical results Objective results Low training threshold Portable No cell or tissue samples taken
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24 Complete patient data safety and privacy – a legal and regulatory must. • TruScreen’s algorithm is contained within the device, not the Cloud. • TruScreen’s patient data is encrypted and stored within the device. • TruScreen does not send data to the Cloud. • TruScreen will connect via wi fi to a PC, Tablet or mobile phone but this needs a confidential user ID only available to the hospital or clinic that has purchased the TruScreen device. • TruScreen does not send data from the device to any location other than the hospital or clinic where it is being used.
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TruScreen Sales & Growth Strategy
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26 Recurring Revenue Model • TruScreen manufactures two devices – o one made in China for use in China, where locally manufactured products have preferential market access o one made in Australia for other markets • For each patient screened with the TruScreen device a new disposable Single Use Sensor (SUS) must be used. This creates a recurring revenue model with a consumable sale for each patient screened with TruScreen.
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27 TruScreen Sales Strategy • Whilst many other medical technology companies seek to commercialize their devices in developed countries, TruScreen focuses on Low and Middle Income Countries (LMICs) such as China, Mexico, Vietnam, India, Indonesia and Zimbabwe. • Working with global and national NGOs, to manage large scale public health screening programs • These countries and other LMICs have no or minimal large-scale cervical cancer screening programs and infrastructure. This creates a gap in the market for TruScreen that is not available in the developed markets and allows quicker market access from a relative lack of existing competition. • In comparison with cytology and HPV DNA screening TruScreen is ‘capital light’, not requiring lab infrastructure to be established prior to commencing screening. • TruScreen continues to seek opportunities to expand our product offerings in women’s health.
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28 Saudi Arabia study published with sensitivity 83.3% and specificity 95% compared with Pap test of 66.7% and 98.2% respectively Uzbekistan product registration completed. Validation trial of TruScreen for a national cervical cancer screening program commenced. COFEPRIS approval for use in Mexico Public Health system Launch of 5 year, 260,000 women cervical cancer screening program at Ho Chi Minh City Public Health Association Indonesian distributor appointed with commercial sales commenced in a significant addressable market Inclusion in Chinese Obstetricians and Gynecologists Association (COGA) Blue Book guideline and China Society for Colposcopy and Cervical Pathology (CSCCP) guideline India distributor appointed (world’s second most populous country) Revalidation completed for additional public screening programs in Zimbabwe Appraisal by Baylor Foundation from the US for a public screening program in Eswatini Global presence Registration and sales activity in Russia, Kazakhstan, Kyrgyzstan, Armenia and Belarus Europe CE mark held as proof of quality and efficacy Product registration granted in Singapore Malaysia and Thailand, Distributor appointed in South Africa and product registration obtained in June 2026 Rwanda distributor appointed Romania distributor appointed Nigeria, Ghana, Cote d’Ivorie distributor appointed Bangladesh distributor appointed First sales in Panama
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29 20 Active Countries 1.1m+ Women Screened NZ$2.4M FY26E Revenue 232 Devices operational worldwide • TruScreen operates in a favourable macro environment defined by the WHO 2030 90-70-90 cervical cancer elimination strategy • Unmet screening demand in low- and middle-income countries is significant, and TRU real-time technology is best suited to support screen-and-treat initiatives • Adoption of AI-enabled point-of-care (POC) diagnostics is growing globally • TruScreen holds less than 0.1% of the global cervical cancer screening market and 2.8% of the point-of-care device segment - headroom for growth is enormous
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30 FY25 ACTUAL FY26 ACTUAL NZ$1.7m NZ$2.4m
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31 The Game Changers - NGO’s and Population Screening Programs The timeline compression of WHO’s 90-70-90 milestones to December 2030 - sense of urgency UNITAID and global NGOs funding from late 2026 to drive cervical cancer screening 1 2
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32 Transformational opportunities have recently arisen through global funder UNITAID's Call for Proposals: Accelerating Cervical Cancer Elimination through Secondary Prevention in Low and Middle Income Countries. Three grant applications have been made to UNITAID to screen an additional 400- 500,000 women over 3 years. If successful, additional public screening programs may add NZ$4m to annual revenue from FY2088 to FY 2030. TruScreen has also partnered with two global NGOs in separate grant applications to UNITAID for cervical screening programmes. In total, TruScreen is the technology partner in five grant applications to UNITAID.
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33 Partners: 1. National AIDS Council (NAC), Zimbabwe - Country implementation lead (Zimbabwe) 2. PATH - Global technical partner (Program for Appropriate Technology in Health ) 3. Solina Centre for International Development and Research (SCIDaR) - Implementation partner (Nigeria) 4. RedAid Nigeria - Community health delivery and outreach (Nigeria) 5. Baylor College of Medicine Children's Foundation Eswatini - Implementation partner (Eswatini) Countries: Zimbabwe, South Africa, Eswatini, Rwanda, Nigeria, Kenya Unitaid: Proposal 1 Accelerating Cervical Cancer Elimination through AI-Enabled Point-of-Care Screening in Sub-Saharan Africa
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34 Partners: 1. National AIDS Council (NAC), Zimbabwe - Country implementation lead (Zimbabwe) 2. PATH - Global technical partner (Program for Appropriate Technology in Health ) 3. Solina Centre for International Development and Research (SCIDaR) - Implementation partner (Nigeria) 4. RedAid Nigeria - Community health delivery and outreach (Nigeria) 5. Baylor College of Medicine Children's Foundation Eswatini - Implementation partner (Eswatini) Countries: Zimbabwe, South Africa, Eswatini, Rwanda, Nigeria, Kenya Unitaid: Proposal 2 Screen-and-Treat Africa: Accelerating Cervical Cancer Elimination through Dual HPV-TruScreen Screening and Same-Day Treatment in Sub-Saharan Africa
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35 Partners: 1. PATH (Program for Appropriate Technology in Health ) 2. Ho Chi Minh City Public Health Association 3. Gordon Health Services Vietnam 4. Beijing Siweixiangtai Tech Ltd Co 5. Sunbird Mexico Countries: China, India, Indonesia, Vietnam, Uzbekistan, Mexico, Malaysia, Thailand Unitaid: Proposal 3 Accelerating Cervical Cancer Elimination through AI-Enabled Real-Time Screening in the Asia-Pacific and Latin America
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36 Partners: 1. Nigeria’s Lagos State University Teaching Hospital (LASUTH) 2. Lagos State University College of Medicine (LASUCOM) 3. Dr. Ayokunle Moses Olumedji, Consultant Gynaecological Oncologist at LASUTH Country: Nigeria Bill and Melinda Gates Foundation Proposal This proposal has an approved letter from the American Association for Cancer Research Beginning Investor Grant for Catalytic Research (BIG CAT) Partners: 1. Nigeria’s Lagos State University Teaching Hospital (LASUTH) 2. Lagos State University College of Medicine (LASUCOM) 3. Dr. Ayokunle Moses Olumedji, Consultant Gynaecological Oncologist at LASUTH Country: Nigeria
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37 Partners: 1. National AIDS Council (NAC), Zimbabwe - Country implementation lead (Zimbabwe) 2. PATH - Global technical partner (Program for Appropriate Technology in Health ) 3. Solina Centre for International Development and Research (SCIDaR) - Implementation partner (Nigeria) 4. RedAid Nigeria - Community health delivery and outreach (Nigeria) 5. Baylor College of Medicine Children's Foundation Eswatini - Implementation partner (Eswatini) Medical Expert Support 1. Professor Michael Campion, Royal Hospital for Women, Sydney 2. Dr. Ayokunle Moses Olumedji, Lagos State University College of Medicine 3. Dr Chibuike Chigbu, University of Nigeria Teaching Hospital Countries: Zimbabwe, South Africa, Eswatini, Rwanda, Nigeria, Kenya Clinton Health Access Initiative
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38 Other National or NGO Programs: Zimbabwe – Re Validated by Ministry of Health and NACAIDS • WLWHIV are 6x More likely to die from Cervical Cancer • Next 10,000 Women program to commence in September • Validation recommends TS for inclusion in Zimbabwe’s National Screening Program Uzbekistan • 500 patient validation commenced in Tashkent prior to acceptance for Government Screening programs India and Bangladesh • Leh Town Screening completed in North-West India under the control of the Himalaya Women Health Project • Shariaptur Development Society proposal to Bangladesh MoH to use TruScreen to screen 435,600 women over three years from 2027. Indonesia – Prof Junita Indarti, Dr Cipta Mankusomo National Hospital Jakarta validation of TruScreen for the Indonesian College of Obstetrics and Gynaecology (POGI). • Preliminary results announced at the POGI Annual Conference at Jakarta in July 2026 • TruScreen has the highest concordance with Histology compared to Liquid Based Cytology and HPV DNA • TruScreen identified 100% of CIN 2 and CIN 3 cases from 90 HPV positive patients.
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39 DaltonBio Strategic Alliance 1. TruScreen to be appointed a global distributor of DaltonBio HPV related IVD products (excluding U.S.A. and Canada). 2. DaltonBio to explore opportunities to assist sales of TruScreen’s AI enabled real time cervical screening device within its distribution network, notably in its selected distributors in China and South America. DaltonBio have 200 sub distributors in China which may augment TruScreen’s current distribution network in its largest market. • FY25 - Memorandum of Understanding signed with Dalton Biosciences (DaltonBio) • FY26 - TruScreen and Dalton Bio sign Distribution Agreement for HPV products in India The collaboration will enhance access to innovative cervical cancer screening and detection solutions by leveraging the technology strengths of both companies. As demonstrated in the COGA landmark study (2023) and Beijing Obstetrics and Gynecology Hospital study (Dovepress, May 2025), co-testing improved TruScreen’s already impressive standalone sensitivity significantly.
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Thank you. Marty Dillon CEO E – martindillon@truscreen.com Tony Ho Non-Executive Chairman E – tonyho@truscreen.com TruScreen Suite 3.03 18 Orion Rd Lane Cove West NSW 2066 Australia www.truscreen.com
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41 Disclaimer and important notice This presentation has been prepared by TruScreen Group Limited (TRU). Information of a general nature: This presentation contains summary information about TRU and its activities which is current as at the date of this presentation. The information in this presentation is of a general nature and does not purport to be complete nor does it contain all the information which a prospective investor may require in evaluating a possible investment in TRU or that would be required in a product disclosure statement for the purposes of the FMCA or a prospectus or other disclosure document for the purposes of Chapter 6D of the Australian Corporations Act 2001 (Cth) ("Australian Corporations Act"). The historical information in this presentation is, or is based upon, information that has been released to NZX Limited (NZX) and ASX Limited (ASX). This presentation should be read in conjunction with TRU’s other periodic and continuous disclosure announcements, which are available at www.nzx.com and www.asx.com.au. NZX and ASX: Neither NZX nor ASX accepts any responsibility for any statement in this presentation. NZX is a licensed market operator, and the NZX Main Board is a licensed market under the FMCA. Not financial product advice: This presentation is for information purposes only and is not financial, investment or financial product advice or a recommendation to acquire TRU securities and has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and consult a broker, solicitor, accountant and/or other professional adviser. Past performance: Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Future performance: This presentation contains certain "forward-looking statements" such as indications of, and guidance on, future earnings and financial position and performance. Forward-looking statements can generally be identified by the use of forward-looking words such as ‘projected, 'expect' , 'anticipate' , 'likely' , 'intend' , 'could' , 'may' , 'predict' , 'plan' , 'propose' , 'believe' , 'forecast' , 'estimate' , 'target' , 'outlook' , 'guidance' and other similar expressions within the meaning of securities laws of applicable jurisdictions, and include, but are not limited to future revenues, the timing of implementation of certain initiatives, growth strategies, the timetable of the Offer and the use of proceeds. The forward-looking statements contained in this presentation are not guarantees or predictions of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of TRU, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct. There can be no assurance that actual outcomes will not materially differ from these forward-looking statements. A number of important factors could cause actual results or performance to differ materially from the forward-looking statements, including the risk factors set out in this presentation. Investors should consider the forward-looking statements contained in this presentation in light of those disclosures.
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42 Future performance (continued): The forward-looking statements are based on information available to TRU as at the date of this presentation. Except as required by law or regulation (including the NZX and ASX Listing Rules) TRU undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise. Indications of, and guidance on, future earnings or financial position or performance are also forward-looking statements. An investment in securities in TRU is subject to investment and other known and unknown risks, some of which are beyond the control of TRU. TRU does not guarantee any particular rate of return or the performance of TRU. Financial data: All dollar values are in New Zealand dollars (NZ$ or NZD) unless otherwise stated. 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Any failure to comply with such restrictions may constitute a violation of applicable securities laws (see the Foreign Selling Restrictions section of this presentation). By attending or reading this presentation you represent, warrant and agree that you: (i) are entitled to and permitted under applicable laws and regulations to receive the information contained in this presentation in accordance with the restrictions as set out in this section of the presentation; (ii) will base any investment decisions solely on information released by TRU via NZX and ASX (including, in the case of the Rights Offer, the offer document for the Rights Offer), and (iii) agree to be bound by the limitations contained therein. Disclaimer and important notice (Continued)
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43 Distribution of presentation: This presentation (including an electronic copy) must not be distributed in any jurisdiction to the extent that its distribution in that jurisdiction is restricted or prohibited by law or would constitute a breach by TRU of any law. The distribution of this presentation in other jurisdictions outside New Zealand or Australia may be restricted by law, and persons into whose possession this presentation comes should observe any such restrictions. Any failure to comply with such restrictions may violate applicable securities laws. None of TRU, any person named in this presentation or any of their affiliates accept or shall have any liability to any person in relation to the distribution or possession of this presentation from or in any jurisdiction. Not for distribution or release in the United States: This presentation may not be released or distributed in the United States. This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States or any other jurisdiction in which such an offer would be illegal. The offer and sale of the New Shares have not been, and will not be, registered under the U.S. Securities Act or the securities laws of any state or other jurisdiction of the United States. Accordingly, the New Shares may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the U.S. Securities Act and any other applicable securities laws of any state or other jurisdiction of the United States. Eligibility: Determination of eligibility of investors for the purposes of the Offer (or any part of the Offer) is determined by reference to a number of matters, including legal and regulatory requirements, logistical and registry constraints and the discretion of the underwriters and lead managers, and TRU. Each of the underwriters and lead managers and TRU and each of their respective related bodies corporate and affiliates, and each of their respective directors, officers, partners, employees, representatives and agents, disclaim any duty or liability in respect of that determination and the exercise or otherwise of that discretion, to the maximum extent permitted by law. Disclaimer: To the maximum extent permitted by law, the lead managers, TRU, and their respective advisers, affiliates, related bodies corporate, directors, officers, partners, employees and agents exclude and disclaim all liability, for any direct or indirect expenses, losses, damages or costs incurred by you as a result of your participation in the Offer and/or the information in this presentation being inaccurate or incomplete in any way for any reason, whether in tort (including negligence), arising under statute, in contract or equity or otherwise. To the maximum extent permitted by law, the underwriters and lead managers and their respective advisers, affiliates, related bodies corporate, directors, officers, partners, employees and agents (Specified Persons) make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of information in this presentation and, with regards to each Specified Person, take no responsibility for any part of this presentation or the Offer. The Specified Persons make no recommendations as to whether you or your related parties should participate in the Offer nor do they make any representations or warranties to you concerning the Offer, and you represent, warrant and agree that you have not relied on any statements made by any of the Specified Persons in relation to the Offer and you further expressly disclaim that you are in a fiduciary relationship with any of them. You agree that you will not bring any proceedings against or hold or purport to hold any Specified Person liable in respect of this presentation or the information in this presentation and waive any rights you may otherwise have in this respect. Statements made in this presentation are made only as the date of this presentation. The information in this presentation remains subject to change without notice. TRU reserves the right to withdraw the Offer or vary the timetable for the Offer (whether for the Placement or the Rights Offer) without notice. General: For the purposes of this Disclaimer and Important Notice, "presentation" means the slides, any oral presentation of the slides by TRU, any question-and-answer session that follows that oral presentation, hard copies of this presentation and any materials distributed at, or in connection with, that presentation. Disclaimer and important notice (continued)