Freelancer LimitedCompany PresentationNovember 2014Matt BarrieChief Executive1

2Products

The world is repeating itself 20 years laterDevelopedWorldDevelopingWorld

Services2Marketplace growth3Exponential growth in registered users, projects and contests postedNumber of user accounts, and projects/contests posted in the Freelancer marketplace as at 31 December 2013. User, project and contest data includes all users and projects from acquired marketplaces including, but not limited to GetAFreelancer, EUFreelance, Scriptlance, LimeExchange, vWorker/RentACoder and zlecenia.przez.net. Prior to FY09, all data is from acquired marketplaces.Total registered users1Total projects & contests posted1(excludes Warrior Forum & Fantero)As at 17 November 201413.7 million(incl. Warrior Forum & Fantero)As at 17 November 20146.7 millionFreelancer.com population overtakes Sweden3Consistent yoy revenue growth4Net revenue accelerated +77% in FY13, high gross marginsBased on Freelancers pro-forma historical financial results for the years ended 31 December 2010 and 2011, its historical financial results for the year ended 31 December 2012, and its audited consolidated financial results for the year ended 31 December 2013. Year on year revenue growth FY10-13Year on year improvement in gross margin FY10-13FY13 Revenue of $18.8m, +77% Y/YFY13 Revenue growth driversGPV growth user, project & contest acquisition and conversion rate improvementsProduct development & increased take up of value-added services

Revenue (A$m)4.76.510.618.8Y/Y growth-37%64%77%Gross margin82.6%86.7%87.4%87.6%+37%+64%+77%41H FY14 results update5Continued focus on re-investment in product development, user experience, user/project acquisition and customer serviceContinued strong revenue and gross profit growth, up 41% on pcpContinued gross margin improvement (up from 87.6% in FY13)1Continued investment in talent: product development, engineering & customer service Approx. 350 FTEs at period end (up ~18% on Dec 13)Increase in occupancy costs relate to expanded premises in Manila and new Vancouver and London officesFX gains/(losses) relate to unrealised changes in AUD value of cash and user obligationsNote that the Company implemented more conservative provisioning policies for accruals recognised in cost of sales from 2H FY13. As such the Companys gross margin for FY13 is more comparable to 1H FY14 gross margin.Exclusive of non-cash share based payments expense of $125k in 1H FY14.(A$m)Half-year to 30 Jun1H FY13Actual1H FY14ActualChange (%)Net Revenue8.511.941%Gross Profit7.510.541%margin (%)88.5%188.3%n/m1Employee expenses(4.2)(6.7)58%Administrative expenses(1.8)(3.7)102%Occupancy costs(0.3)(0.8)150%FX gains / (losses)(0.5)(0.1)(74%)Share based payments expense-(0.1)n/mEBITDA0.6(0.9)n/mEBIT0.5(1.1)n/mNPAT 0.5(0.7)n/mExcluding share based payments expenses2EBITDA0.6(0.8)n/mEBIT0.5(0.9)n/mNPAT 0.5(0.6)n/m5