LOGICA IT’S EXCITING BECAUSE THE POTENTIAL IS HUGE! Business Model Annual Licence Fee, charged per use case Licence cost - Tiered Approach (beach-head @ $100k, later up to $500K in ARR) 1+ Licence per Client Projections - by 2028 Best Case: Cross-Industry Leader (Finance, Energy & ML) - ARR £1B +; ROI 100x+ Realistic: Sizeable Presence in Finance & Energy Markets - ARR £200M ; ROI 20x+ Worst Case: Remains niche product - ARR £10M ; ROI 2-3x+ Market Size By 2028 $180B+ $120B+ $20B+ SOM TAM SAM Financial institutions with large trade portfolios, est. > 1000 globally Machine Learning + HPC ~15-20% of SAM