BLOCKCHAIN

BLOCKCHAIN

BLOCKCHAIN

Peter Randall CEO

Setl

SETL

simple | immediate | unified

Paul Conn President › Global Capital Markets

Computershare

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› Specialists in complex, regulated financial services administration

- Transfer agency/share registry

- Equity compensation and employee share plans

- Loan administration

› Trusted by 16,000 corporate clients in 20 countries

› Employing 16,000 employees in 90 global locations

› Managing recordings for 125m stakeholders

SETL

simple | immediate | unified

The world’s largest share plan provider

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1,500 clients / 2,700 plans

4.8m employee

participants

190+

countries / 23 Stock Exchanges

TORONTO

BOSTON

STOCKHOLM

BEIJING

HONG KONG

MELBOURNE JOHANNESBURG

MILAN

BARCELONA

BRISTOL LONDON

JERSEY

COPENHAGEN

MUNICH ROTTERDAM

TEXAS

SETL

simple | immediate | unified

SHARE PLANS OFFICE

CONTACT CENTRE

Blockchain: Just a lot of noise?

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SETL

simple | immediate | unified

$20BN

Expected value of the global blockchain technology market by the end of 20241

SOURCES: 1.Blockchain Technology Market, Transparency Market Research

2. Banking on Blockchain: A Value Analysis for Investment Banks, Accenture

3. PwC’s Business Forum in Dublin, PwC

$12BN Yearly cost savings that blockchain technology could bring to banks2

90% of major North American and European banks are exploring blockchain3

Market Structure: Centralised vs. Distributed Ledgers

A distributed ledger is a network that records ownership through a shared ledger, not through a centralised institution

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Clearing House

Centralised Ledger Distributed Ledger (simplified)

Current State Future State

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› Founded in 2015, SETL’s goal is to become the market leading provider of transactional services across a range of industries leveraging distributed ledger technology

SETL simple | immediate | unified

SETL

simple | immediate | unified

Financial services specialists

Advanced solution Flexible delivery model

Opportunity

Create payment and settlement systems which are more performant, more secure and less costly than incumbent

systems

The SETL benchmark for cost reduction

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SETL simple | immediate | unified

80%

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SETL

simple | immediate | unified

How is blockchain different to a traditional system?

› Uses cryptographic techniques to maintain data integrity, manage permissions

› Allows for distribution of data and processing

› Uses hashes to fingerprint and reconcile data over time and between locations

› Data is maintained by a single private organisation

› All parties rely upon one single source

› Data integrity is opaque

› Permissions done using outdated means

Traditional shared database Blockchain shared database

Let’s make it real….

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Registers, share management and reporting

Faster settlements of trades

Transfers processing, including for restricted securities

Dividends and other corporate actions e.g. splits, acquisitions, spin offs

Shareholder communications and proxy voting

What does blockchain mean for share registry and employee share plans?

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Any questions?

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THANK YOU

SETL

simple | immediate | unified