The Agency appoints Matt Lahood as CEO

ASX ANNOUNCEMENT
3 APRIL 2017

                    THE AGENCY APPOINTS MATT LAHOOD AS CEO

Ausnet Financial Services (“Ausnet” or “The Company”) (ASX: AU1) is pleased to announce
the appointment of highly experienced and regarded industry leader Matt Lahood to the role
of Chief Executive Officer of The Agency, Ausnet’s wholly-owned disruptive real estate
agency model, effective today.

Mr Lahood is a highly regarded sales executive based in Sydney with more than 28 years’
industry experience in real estate sales and more than 2,000 property sales to his name
worth over A$2 billion.

Most recently, Mr Lahood held the position of Director of Sales for McGrath Real Estate
where he was responsible for market entry strategies and management of 22 company
owned offices and more than 250 people.

Commenting on his appointment, Mr Lahood said:

“I am very excited with my new role at The Agency as I am attracted to the way the
disruptive real estate agency model works. It is a highly profitable business model which is
unlike anything else in Australia’s real estate industry at present.”

Mr Lahood said the calibre of people The Agency had already attracted opened the door for
other high-performing agents to join the business.

“The Agency is developing a culture where an agent can test how good they are,” he said.

“We are going to push them, we are going to coach them and we are going to connect them
with the best people in the business and for that they are going to be remunerated the best
in the industry.

“We want our agents to be at their absolute best when they come in so that their client will
get the absolute best result every single time.”

Commenting on Mr Lahood’s appointment, Ausnet Managing Director Paul Niardone said:

“Mr Lahood brings a wealth of experience to this role and is widely recognised for his
leadership and expertise in the real estate industry.

“The Agency is at a pivotal point in its short history and I am highly confident in Mr Lahood’s
ability to pursue the strong ambitions we have for the business as we continue to expand
nationally.”

     Ausnet Financial Services Ltd 
254 Scarborough Beach Road, Doubleview WA 6018 
 PO Box 1184, Osborne Park WA 6916
                                  Tel: (08) 9204 7955 
 Fax: (08) 9204 7956  ABN: 37 093 805 675

Since launching on the east coast on 30th January 2017, The Agency has expanded
significantly with total sales to date on east coast of $80 million.

Sales to end of February 2017 nationally are 311 properties valued at $260.6 million
(approx. $5.2 million in commissions).

To view an interview with Mr Lahood, where he explains why he has joined The Agency
please go to: https://www.youtube.com/watch?v=9IpoPJ6X7mc

About Ausnet

Ausnet consists of a group of successful businesses which deliver finance broking, real
estate services, settlement services, property management (2017), project marketing,
insurance and financial planning initially to the Western Australian market with an aim to be
rolled out nationally.

This model has been created to build the core asset being a loan book currently at ~$1.1
billion by cross referring clients between business units. The largest growing referral area
has been built on a highly successful and disruptive real estate agency model named “The
Agency”. The agents have been referring ~60% of all sales for financing broking.

Ausnet is aiming to recruit ~100 sales representatives to “The Agency” in Western Australia
that will eventually deliver over 1000 property transactions per year with the aim of
converting into cross sales for mortgages, settlements and insurance. Each sales
representative that joins Ausnet not only add sales activities but also on average bring in a
database of ~2000 clients. Ausnet’s target is to have ~600 sales representatives nationally.

The Company is also backed by Finsure Group, one of Australia's fastest growing retail
finance brokerages writing over $1 billion in new mortgages every month across 850
brokers.

Corporate website:                    www.ausnetrealestateservices.com.au
The Agency website:                   www.theagency.com.au

For more information, please contact:

Investors                                                                      Media
Ausnet Real Estate and Financial Services                                      Professional Public Relations
Paul Niardone                                                                  David Tasker
T: +61 08 9204 7955                                                            T: +61 08 9388 0944
                                                                               M: +61 433 112 936
                                                                               E: david.tasker@ppr.com.au

     Ausnet Financial Services Ltd 
254 Scarborough Beach Road, Doubleview WA 6018 
 PO Box 1184, Osborne Park WA 6916
                                  Tel: (08) 9204 7955 
 Fax: (08) 9204 7956  ABN: 37 093 805 675