7 June 2021

Settlement of Airovant Acquisition

Pointerra Limited (ASX: 3DP) (“Pointerra”; “Company”) is pleased to confirm settlement of the acquisition ofthe business assets and undertakings (“Acquisition”) of US drone-based digital asset management business, Airovant, LLC(“Airovant”), originally announced to the market on 30 April 2021.

Key Transaction TermsThe Acquisition was settled on 4 June 2021 following the completion of due diligence activities and the execution of a Business and Assets Sale Agreement (“Agreement”) between Pointerra, Airovant and the four founders of Airovant.

The Agreement and Acquisition confirmed the following key transaction terms:

1. Total purchase consideration is US$1 million. Pursuant to the Agreement, Pointerra has resolved to issue to Airovant 2,583,092 fully paid ordinary shares(“Shares”) in the Company in exchange for acquiring the business assets and undertakings of Airovant. The number of shares to be issued to Airovant is calculated based on the closing price of Pointerra shares and the AUD/USD exchange rate on 4 June 2021. 1,292,546 Shares will be subject to voluntary escrow for a period of 12 months from the date of issue.

2. Pointerra has entered into Employment Agreements with the four Airovant founder employees. These Employment Agreements include an offer made pursuant to Pointerra’s Employee Incentive Share Plan for the issue of 2 million Ordinary Shares in the Company to eachof the fourAirovant employees (8 million shares in total), with the shares vesting in three equal tranches of 666,667 shares over a three year period on the anniversary of 1, 2 and 3 years continuous employment with Pointerra.

30 April 2021

Proposed Acquisition of US Digital Asset Management Business

Pointerra Limited (ASX: 3DP) (“Pointerra”; “Company”) has signed a Non-Binding Term Sheet (“Term Sheet”) to acquire the business assets and undertakings (“Proposed Acquisition”) of US drone-based digital asset management business, Airovant, LLC(“Airovant”).

Key Transaction Terms

The Proposed Acquisition is subject to the completion of further due diligence activities and the execution of a formal Business Purchase Agreement between Pointerra, Airovant and the four founders of Airovant.

The Term Sheet contains the following key transaction terms:

1. Upon settlement, Pointerra will issue to Airovant ordinary shares in Pointerra to the value of US$1 million in exchange for acquiring the business assets and undertakings of Airovant. The numberof shares to be issued to Airovant willbe calculated based on the Closing Price of Pointerra shares at the date the Business Purchase Agreement between the two partiesis executed.

2. Upon settlement, Pointerra will enter into Employment Agreements with the four Airovant founder employees. These Employment Agreements will include the issue of up to 2 million ordinary shares(or equivalent performance rights,or options over ordinary shares) in Pointerra Limited to each Airovant employee, with the shares vesting in three equal tranches of up to 666,667 shares (or equivalent equity instruments) over a three year period on the anniversary of 1, 2 and 3 years continuous employment with Pointerra.

3. Total purchase consideration will comprise US$1 million in ordinary shares in Pointerra (a portion of which will be voluntarily escrowed for a period of up to 12 months from the date of issue) issued at settlement and up to 8 million ordinary shares (or equivalent equity instruments) in Pointerra issued at settlement but vesting over the three year continuous employment period.

29 January 2021

Enterprise Sales & ACV UpdatePointerra Limited (ASX: 3DP)

Highlights:

• US Utilities and mapping sectors drive 40% quarterly growth in ACV
• ACV stands at US $6.88 million (29 January 2021), up US $1.95 million (40% increase) from the 30 September ACV level of US $4.93 million
• ACV growth of US $1.06million (18% increase) over the last reported (25 November) level of US $5.82 million
• Pointerra remains profitable on an ACV run-rate basis

15 October 2020

Enterprise Sales & ACV Update

Highlights:

• US Utilities and mapping sectors drive 72% quarterly growth in ACV
• ACV monthly growth of US$0.95 million (24% increase) over last reported (1 September) level of US$3.98 million
• ACV stands at US$4.93 million at 30 September, up US$2.06 million (72%) from 30 July level of US$2.87 million
• Pointerra remains profitable on an ACV run-rate basis

ACV Growth

During the September quarter, and since the Company last reported ACV (Annual Contract Value) on 1 September 2020, further growth inthe spend by existing customers in addition to the onboarding of new customers in the US energy utilities and mapping sectors has combined to generate further uplift in Pointerra’s US$ ACV run-rate.

31 October 2019

September 2019 Quarter Activities and Cash Flow Report

Highlights:

• Cash receipts from customers of $0.31 million compared to $0.21 million in Q4 FY19
• R&D Rebate for FY19 of $0.47 million received
• Analytics as a Service (AaaS) continues to attract new customers and prospects in Australia and the US
• Sales to new utility customers in the US, expansion of sectors in Australia and growth in sales to existing customers in both geographic markets

Cash Receipts

During the quarter ended 30 September 2019 the Company received $306K in customer receipts compared to the June 2019 quarter figure of $212K.

The Company notes that quarter-on-quarter cash receiptswill continue to be variable over coming quarters as new customers are on-boarded following contract award, with a variety of different payment cycles including monthly, quarterly and annually in advance.

Cash Outflows

Cash outflows for the quarter were in line with management expectations and the cash balance at 30 September 2019 amounted to $0.986million. Please refer to the attached Appendix 4C for further details on cash flows for the quarter.

AaaS Driving Customer Growth

During the quarter Pointerra continued collaborating with its largest US customer PrecisionHawk to solve ongoing 3D data management and data analytics problems that impact PrecisionHawk’s ability to profitably service its order - book for utility asset inspection services across North America and the world.