Frontier Digital Ventures : Legal restructure and updated investor presentation

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ASX Code: FDV

15 November 2021

Legal restructure and updated investor presentation

• FDV is intending to restructure its operating companies along geographical lines - FDV LATAM, FDV Asia and FDV MENA
• Regional structure to enhance growth opportunities and support FDV at full potential
• Restructure expected to improve operational efficiencies, increase organic and inorganic growth opportunities, enhance management culture and accountability, foster greater knowledge sharing and innovation and strengthen FDV's regional presence, as well as increase monetisation options over time
• Release of an updated investor presentation to market the recent 3Q 2021 results, presented in line with the intended restructure

Frontier Digital Ventures Limited ("FDV" or the "Company") is pleased to announce that it is pursuing a legal restructure of its operating companies into three separate geographical groups - FDV LATAM, FDV Asia and FDV MENA. The intended group structure is illustrated below.

	FDV Group
FDV LATAM	FDV Asia	FDV MENA

The updated investor presentation (attached) reflects the FDV Board's current view of the intended legal restructure. In addition, the investor presentation incorporates the recently released 3Q 2021 results and separate ASX announcement dated 11 November 2021 in relation to the performance of Fincaraíz, Avito, Tayara and Yapo. This presentation will be used as part of a series of meetings with shareholders and new investors over the coming weeks to market the 3Q 2021 results.

FDV's Founder and CEO, Shaun Di Gregorio said:

"We are pleased to announce the intended restructure and release an updated investor presentation, which shows FDV's excellent performance continued in 3Q 2021. The restructure is expected to improve operational efficiencies, increase organic and inorganic growth opportunities, enhance management culture and accountability, foster greater knowledge sharing and innovation, and strengthen FDV's regional presence. In addition, the restructure should lead to increased monetisation options over time. We remain focused on augmenting our market leadership positions with high growth transaction- based revenue, in line with FDV's long-termvalue-creation strategy for shareholders."

Frontier Digital Ventures Ltd

39-8 The Boulevard, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia1 Tel: [phone] www.frontierdv.com

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The legal restructure is subject to ongoing legal, accounting and taxation advice, with more details to be released in due course. FDV will continue to keep shareholders informed in accordance with its continuous disclosure obligations.

- ENDS -

The release of this announcement was authorised by the Board of Directors of Frontier Digital Ventures Limited.

For more information, please contact:
Company	Investors
Shaun Di Gregorio	Timothy Toner
Founder and CEO	Vesparum Capital
Phone: [phone]	Phone: [phone]
Email:[e-mail]	Email:[e-mail]

About FDV

Frontier Digital Ventures (FDV) is a leading owner and operator of online marketplace businesses in fast growing emerging markets. Currently, FDV's portfolio consists of 16 market leading companies, operating across 21 markets in Developing Asia, Latin America and MENA. FDV works alongside local management teams across property, automotive and general classifieds, providing strategic oversight and operational guidance which leverages FDV's deep classifieds experience and proven track record. FDV seeks to unlock further monetisation opportunities beyond the typical classifieds revenue, to grow the equity value of its operating companies and realise their full potential. Find out more at frontierdv.com.

Frontier Digital Ventures Ltd

39-8 The Boulevard, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia2 Tel: [phone] www.frontierdv.com

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LEADING ONLINE MARKETPLACES IN EMERGING MARKETS

INVESTOR PRESENTATION | 15 NOVEMBER 2021

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TABLE OF CONTENTS
3	New FDV Group Structure
5	Evolution from Classifieds to Marketplaces
11	FDV Group Financial Snapshot
16	FDV LATAM
20	FDV Asia
24	FDV MENA
28	Corporate Overview

NEW FDV GROUP STRUCTURE

Regional structure to enhance growth opportunities and support FDV at full potential

onlyuse			FDV Group
FDV LATAM		FDV Asia			FDV MENA
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$38m (55%)1		$22m (32%)1			$9m (13%)1

1. Revenue annualised for 3Q 2021 on an FDV % share basis and does not account for expected revenue growth across the portfolio

3