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www.banjoandmatilda.com 
OTCQB : BANJ 
1
Disclaimer | Forward Looking Statements 
This presentation includes forward-looking statements. Forward-looking statements reflect our current views with respect to, among 
other things, future events and performance. All statements other than statements of historical facts, including statements regarding 
our future operating results and financial position, business strategy, and plans and objectives of management for future operations, 
are forward-looking statements. In many cases, you can identify forward-looking statements by words such as “anticipate,” 
“contemplate,” “could,” “estimate,” “expect,” “intend,” “project,” “plan,” “potential,” “predict,” “target,” “believe,” “seek,” “continue,” 
“outlook,” “may,” “might,” “will,” “should,” “can have,” “likely” or the negative version of these words or comparable words. Forward-looking 
statements speak only as of the date on which they are made and are based on beliefs and assumptions made by 
management using currently available information. 
These statements are only predictions and are not guarantees of future performance, results, actions or events. The issuer expressly 
disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events 
or otherwise. 
All written and oral forward-looking statements attributable to the Company, or persons acting on are its behalf, expressly qualified in 
their entirety by the cautionary statements in the preliminary prospectus, including, without limit, those described under the heading 
“risk factors”, as well as other cautionary statements that are made from time to time in the Company’s public communications. 
You should evaluate all forward-looking statements made in this presentation in the context of these risks and uncertainties. 
This presentation contains certain information that has not been derived in accordance with generally accepted accounting principles 
(“GAAP”). Reconciliations of such information to the most directly comparable information derived in accordance with GAAP are 
contained in this presentation. This information should not be considered a substitute for any measures derived in accordance 
with GAAP. 
2
Snapshot 
Founded 2008 in Bondi 
Beach Australia. 
Banjo & Matilda, Inc. is 
an emerging high growth 
Australian premium fashion 
lifestyle brand, best known 
for its contemporary 
women’s knitwear 
(mostly cashmere). 
Banjo & Matilda, Inc. 
Exchange OTCQB 
Ticker BANJ 
As of July 23 2014 
Market Cap $9.6MM 
Stock Price $0.35 
52-week trading range $0.10-$0.51 
Common stock outstanding 27.5MM 
Year end June 30 
3
Distribution / Where to Buy 
Yesterday 
Premium contemporary 
cashmere knitwear collection. 
! 
4 styles - solely women’s 
sweaters. 
Today Tomorrow 
4 
2008 2014 2015 & beyond 
Brand 
Brand taking off - media 
support, celebrity 
endorsements, & industry 
jumping on board. 
40+ styles per season 
Full lifestyle product offering 
with unique brand position 
and offer 
! 
Valuable lifestyle brand 
Online retail only. Stocked in 100+ retail outlets 
around the world. 
Key retailers including: 
Net-a-porter, Harvey Nichols, 
Neiman Marcus, Anthropologie 
ShopBop, Intermix, Beyman, 
Revolve, David Jones. 
Current growth path will see 
retail outlets stocking the 
brand continue to grow quickly 
and sales continue to double. 
! 
Target 1,000+ outlets 
Results 
Year 1 - $80k revenue. FY 14’ June 30 Revenue circa 
$2.5MM. 
Online Retail sales keeping 
pace with Wholesale sales. 
Sales more than doubling 
every 12 months. 
FY 15’ June 30 Revenue $4MM+ 
Raising additional $5m to fast 
track growth through expanded 
ranges/ offering = 
open more doors and expand 
Revenue per Door. 
Liquidity in BANJ public co.
Belynda Macpherson 
Co-founder & Creative Director 
Belynda’s love of knitwear began at an early 
age and continued throughout a successful 
career in public relations. 
Tight knit management team 
Ben Macpherson 
Co-founder & CEO 
Ben has started 5 businesses, successfully 
developing and exiting with 3 of the 5 
being sold and one resulting in IPO. 
Neil Livingston 
External Chief Financial Officer 
Neil is a career finance professional with 
broad experience in both Financial Services 
& Fashion for public and private companies. 
5
Industry opportunity 
Global Apparel Retail Industry 
Value Forecast 2009 - 2014* 
$ Billion 
1200 
1100 
1000 
2.2 % Growth 
2.5 
2.6 
2.5 
2.3 
2.0 
2009 2010 2011 2012 2013 2014 
Stable single digit growth 
Womenswear $621 
2014 Global Market Segments 
Apparel Industry* 
$ Billion 
12% year over year increase 
Menswear $402 
15% increase over 5 year span 
Childrenswear $186 
Knitwear $20 
Low competition entry point to 
broader $1.2T market 
* Source: companiesandmarkets.com, Global Apparel Industry - http://www.companiesandmarkets.com/MarketInsight/Textiles-and-Clothing/Global-Apparel-Industry/NI7468 6
New luxury sweet spot 
New Luxury products are sold at much higher prices than conventional 
goods and in much higher volumes than Old Luxury goods, 
the result is a transformation of the entire category. 
“ 
“ 
Boston Consulting Group 
7
In with the fast crowd… 
Luxury 
dream 
Social elevation & timelessness 
Social imitation & instant 
Priceless gift 
Quality / price ratio, investment 
& performance 
seduction realism 
Fashion Premium 
Lora Piana 
Hermes 
Chanel 
YSL 
Bally 
Gucci 
Prada 
Chloe 
Lanvin 
Louboutin 
ACNE 
Isabel Marrant 
Rag & Bone 
Vince 
! Equipment 
Zadig & Voltaire 
Stella McCartney 
Chintia & Parker 
H&M 
ZARA 
J.Crew 
Mango 
Top Shop 
8
Banjo & Matilda timeline 
May 2008 
Brand & first collection launched Bondi Beach Australia - online only 
Revenue 
5,000,000 
4,000,000 
3,000,000 
2,000,000 
1,000,000 
0 
Doors 
Celebrity collaboration 
program commenced 
Wholesale program commenced 
Sweater 
Exchange 
launched 
First retail store opens 
Net-a-porter secured. Re-orders within 3 weeks. 
Additional US & UK retailers begin to stock B&M 
US based Debtor finance secured 
GOOP / Gwyneth Paltrow collaboration goes global 
18 
200 Doors confirmed 
Oct 14 
$1MM Equity Convertible 
APO listing on OTCBB: BANJ 
First collection 
launched - 4 
styles 
8 
1 1 1 
1 
200+ 
December 2008 2009 2010 2011 2012 2013 2014 
Operating Profit 
(169,400) (280,571) (130,176) (171,287) (18,227) 212,451 
149,462 
$ 000‘s per door 
82 135 684 836 155 114 26 
9 
2012 Brand Begins to Take Off
! 
! 
+ 
Wholesale 
“Doors” 
Own 
Retail 
(DTC) 
(Margin 
% 
Expansion) 
x 
Offering 
(Revenue 
Per 
Door) 
! 
= 
A 
Global 
Lifestyle 
Brand 
! 
10
Retailers jumping on board 
USA 
Net-A-Porter 
ShopBop 
Revolve 
Intermix 
Neiman Marcus 
Anthropologie 
!!! 
Germany 
KaDeWe 
UK 
Net-A-Porter 
Harvey Nichols 
Middle East 
Boutique1 
Hong Kong 
Net-a-porter 
Australia 
David Jones 
On radar of.. 
11
Media & Celebrities fuelling brand growth 
12
! 
Wholesale 
“Doors” 
+ 
! 
! 
x 
Own 
Retail 
(DTC) 
(Margin 
% 
Expansion) 
Offering 
(Revenue 
Per 
Door) 
! 
= 
A 
Global 
Lifestyle 
Brand 
! 
13
Consumers diving in 
DTC Online 
e-commerce 
1 x Sydney 
Australia store 
14 
140,000 
105,000 
70,000 
35,000 
0 
Q1 Q2 Q3 Q4 Q1 Q2 
Sales 
2013 2014 
Visitors 
100,000 
75,000 
50,000 
25,000 
0 
Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 
2008 2009 2010 2011 2012 2013 2014
Sales pouring in 
1,800,000 
900,000 
0 
LTM Wholesale 
Dec 2011 Dec 2012 Dec 2013 Jun 2014 
New Zealand 
Canada 
United Kingdom 
Middle East 
Asia 
United States 
Europe 
Australia 
1,000,000 
500,000 
0 
LTM Online Sales 
Dec 2011 Dec 2012 Dec 2013 Jun 2014 
Rest of the World 
United States 
Australia 
3,000,000 
1,500,000 
0 
LTM Total 
Dec 2011 Dec 2012 Dec 2013 Jun 2014 
Retail Store 
Online Store 
New Zealand 
Canada 
United Kingdom 
Middle East 
Asia 
United States 
Europe 
Australia 
15
! 
Wholesale 
“Doors” 
+ 
Own 
Retail 
(DTC) 
(Margin 
% 
Expansion) 
x 
Offering 
(Revenue 
Per 
Door) 
! 
! 
= 
A 
Global 
Lifestyle 
Brand 
! 
16
Wholesale “Doors” + Retail (DTC) Margin Expansion x Revenue/Offering per door 
today 
Global 
Australian 
Lifestyle 
Brand 
Simple growth plan 
Expand 
Ranges 
+ 
+ + 
Aggressive 
online US 
penetration 
Major 
department 
concession roll out 
+ 
Key flagship 
retail stores 
Secure 
new key 
retailers 
17 
June 30 
YE 
2014 2015 2016 2017 2018 
Revenue 
$m 
2.6 6 11.2 21 37.9 
Doors 96 214 310 505 725 
Rev/Door 
$‘000 
26 28 36 41 52
Financials 
Summary P&L (ending June 30)* FY12’ FY13’ 9 MONTHS TO MARCH 14’ 
New Wholesale Revenue $- 0% 147,793 8.3% 272,984 13.6% 
Existing Wholesale Revenue 269,784 29.3% 1,026,514 57.8% 818,951 42.5% 
Total Wholesale Revenue 269,784.13 29.3% 1,174,307.11 66.1% 1,091,934 56.1% 
Total Online Revenue 540,053.85 58.6% 446,286.09 25.1% 549,100 30.6% 
Total Retail Revenue 111,744 12.1% 154,650.53 8.7% 198,321 11.8% 
Total Revenue 921,581.98 1,775,243.73 1,839,356 
Total Wholesale COGS 191,721 20.8% 727,243.69 41% 672,362 36.7% 
Total Online COGS (incl. Freight) 384,532.68 41.7% 153,893.5 8.7% 312,173 15.9% 
Total Retail COGS 79,564.7 8.6% 69,685.82 3.9% 143,491 7.1% 
Total COGS 655,818.38 71.2% 950,823.01 53.6% 1,128,026 59.7% 
Total Wholesale GP 78,063.13 8.5% 447,063.42 25.2% 419,572 19.4% 
Total Online GP 155,521.17 16.9% 292,392.59 16.5% 236,927 14.7% 
Total Retail GP 32,179.3 3.5% 84,964.71 4.8% 54,831 4.8% 
Total GP 265,763.6 28.8% 824,420.72 46.4% 711,329 40.3% 
Total Wholesale OPEX 49,270 5.3% 59,678 3.4% 53,919 2.8% 
Total Online OPEX 143,587 15.6% 89,487 5% 30,965 2.1% 
Total Retail OPEX 73,010 7.9% 130,385 7.3% 83,482 4.1% 
Total OPEX (exc. Corporate) 265,867 28.8% 279,550 15.7% 168,366 9% 
Total Wholesale Contribution 28,793 3.1% 387,386 21.8% 365,653 16.6% 
Total Online Contribution 11,934 1.3% 202,906 11.4% 205,962 12.6% 
Total Retail Contribution (40,831) (4.4%) (45,420) (2.6%) (28,651) (0.6%) 
Total Contribution -104 0% 544,871 30.7% 542,964 29.4% 
Corporate Overhead 184,904 20.1% 325,360 18.3% 594,478 31.3% 
Total EBITDA -185,007 (20.1%) 219,511 12.4% -51,514 (0.1%) 18 
* All financials in AUD and based on Management Accounts. See relevant filings for US and public company results. Excludes financing/interest costs.
Comparable paths ~ focus on premium 
Basking in the 
reflected glory of 
luxury fashion, the 
brands* are enjoying 
stellar sales growth, 
outpacing even the 
double-digit growth 
of much pricier 
companies. “ 
“ 
**Based on public information on PE deal with TA Associates as at 19 June 2012 
19 
WSJ Online, 
Clothing that Bridges 
the Cheap-Lux Gap, 
February 2013 
* Sandro, Claudie Pierlot, 
the Kooples, Zadig & Voltaire 
NYSE VNCE 
Founded 2002 
Revenue $273 
Market Cap $1,210 
Rev multiple 4.43 
Doors 2,130 
Rev p/door 127 
Private 
Founded 1995 
Revenue $171** 
Market Cap $1,667** 
Rev multiple 9.8 
OTCQB BANJ 
Founded 2008 
Revenue RR $3 
Market Cap $6 
Rev multiple 2 
Doors 100+ 
Rev p/door 26
Market 
Cap * 
EBITDA Margins 
CY 2014 
EV / Sales 
CY 2014 
EV / EBITDA 
CY 2014 
Revenues (FY) 
2014 * Growth % 
Listed comparables 
Kate Spade & Co US 4,882 12.4% 4.77x NM 1,080 -15% 
Vince Holding Corp US 1,342 21.6% 4.35x 20.2x 331 15% 
Michael Kors Holdings Ltd Hong Kong 18,083 32.5% 4.30x 13.3x 3,311 -15% 
Brunello Cucinelli Spa Italy 1,499 18.2% 3.16x 17.4x 4891 14% 
Salvatore Ferragamo Spa Italy 4,778 21.3% 2.66x 12.5x 18,311 10% 
Banjo & Matilda Aust/US 7 N/A 1.60x N/A 4 127% 
Steven Madden Ltd US 2,186 16% 1.36x 8.5x 1,403 7% 
Low 
Mean 
High 
12.4% 
20.3% 
32.5% 
1.36x 
3.85x 
4.77x 
12.5x 
15.8x 
20.2x 
4 
1,408 
3,311 
(15%) 
20% 
127% 
* $ million 7 
4,682 
18,083 
20
Investment highlights 
21 
Started as a Family Business - Growing into an Enterprise. 
Founded by husband & wife team of CEO, Ben Macpherson and Creative Director, 
Belynda Macpherson. 
Growing Retail Presence. 
Operates fast growing e-commerce site and is stocked in major key retailers such as 
Net-a-porter, Harvey Nichols, Neiman Marcus, Anthropologie, ShopBop, Intermix, 
Beyman, Revolve and David Jones. 
Rapid Financial Growth as Brand is Adopted. 
Reported sales of $86,000 for its first year (2008). Currently, on track to generate 
over $4 million in sales for FY 15’ (June 30). 
Clear Opportunity & Strategy for Continued Growth 
Comparable companies $1B+. Its been done before many times. 
More wholesale Doors + Higher margin DTC x Full lifestyle product range 
= global lifestyle brand
Additional 
Information 
At the Company 
Ben Macpherson, Chief Executive Officer 
Ben@banjoandmatilda.com 
Aust. +61(0)413 836 633 /US (917) 683-7875 
Investor Relations 
The Equity Group Inc. 
Terry Downs, Associate Adam Prior, Senior Vice President 
TDowns@equityny.com APrior@equityny.com 
(212) 836-9615 (212) 836-9606 
Market Street 
Stan Abiassi, Managing member 
stan@marketstreetcomm.com 
(281) 940-8889 ! 
22

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Banjo & Matilda Investor Presentation

  • 2. Disclaimer | Forward Looking Statements This presentation includes forward-looking statements. Forward-looking statements reflect our current views with respect to, among other things, future events and performance. All statements other than statements of historical facts, including statements regarding our future operating results and financial position, business strategy, and plans and objectives of management for future operations, are forward-looking statements. In many cases, you can identify forward-looking statements by words such as “anticipate,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “project,” “plan,” “potential,” “predict,” “target,” “believe,” “seek,” “continue,” “outlook,” “may,” “might,” “will,” “should,” “can have,” “likely” or the negative version of these words or comparable words. Forward-looking statements speak only as of the date on which they are made and are based on beliefs and assumptions made by management using currently available information. These statements are only predictions and are not guarantees of future performance, results, actions or events. The issuer expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. All written and oral forward-looking statements attributable to the Company, or persons acting on are its behalf, expressly qualified in their entirety by the cautionary statements in the preliminary prospectus, including, without limit, those described under the heading “risk factors”, as well as other cautionary statements that are made from time to time in the Company’s public communications. You should evaluate all forward-looking statements made in this presentation in the context of these risks and uncertainties. This presentation contains certain information that has not been derived in accordance with generally accepted accounting principles (“GAAP”). Reconciliations of such information to the most directly comparable information derived in accordance with GAAP are contained in this presentation. This information should not be considered a substitute for any measures derived in accordance with GAAP. 2
  • 3. Snapshot Founded 2008 in Bondi Beach Australia. Banjo & Matilda, Inc. is an emerging high growth Australian premium fashion lifestyle brand, best known for its contemporary women’s knitwear (mostly cashmere). Banjo & Matilda, Inc. Exchange OTCQB Ticker BANJ As of July 23 2014 Market Cap $9.6MM Stock Price $0.35 52-week trading range $0.10-$0.51 Common stock outstanding 27.5MM Year end June 30 3
  • 4. Distribution / Where to Buy Yesterday Premium contemporary cashmere knitwear collection. ! 4 styles - solely women’s sweaters. Today Tomorrow 4 2008 2014 2015 & beyond Brand Brand taking off - media support, celebrity endorsements, & industry jumping on board. 40+ styles per season Full lifestyle product offering with unique brand position and offer ! Valuable lifestyle brand Online retail only. Stocked in 100+ retail outlets around the world. Key retailers including: Net-a-porter, Harvey Nichols, Neiman Marcus, Anthropologie ShopBop, Intermix, Beyman, Revolve, David Jones. Current growth path will see retail outlets stocking the brand continue to grow quickly and sales continue to double. ! Target 1,000+ outlets Results Year 1 - $80k revenue. FY 14’ June 30 Revenue circa $2.5MM. Online Retail sales keeping pace with Wholesale sales. Sales more than doubling every 12 months. FY 15’ June 30 Revenue $4MM+ Raising additional $5m to fast track growth through expanded ranges/ offering = open more doors and expand Revenue per Door. Liquidity in BANJ public co.
  • 5. Belynda Macpherson Co-founder & Creative Director Belynda’s love of knitwear began at an early age and continued throughout a successful career in public relations. Tight knit management team Ben Macpherson Co-founder & CEO Ben has started 5 businesses, successfully developing and exiting with 3 of the 5 being sold and one resulting in IPO. Neil Livingston External Chief Financial Officer Neil is a career finance professional with broad experience in both Financial Services & Fashion for public and private companies. 5
  • 6. Industry opportunity Global Apparel Retail Industry Value Forecast 2009 - 2014* $ Billion 1200 1100 1000 2.2 % Growth 2.5 2.6 2.5 2.3 2.0 2009 2010 2011 2012 2013 2014 Stable single digit growth Womenswear $621 2014 Global Market Segments Apparel Industry* $ Billion 12% year over year increase Menswear $402 15% increase over 5 year span Childrenswear $186 Knitwear $20 Low competition entry point to broader $1.2T market * Source: companiesandmarkets.com, Global Apparel Industry - http://www.companiesandmarkets.com/MarketInsight/Textiles-and-Clothing/Global-Apparel-Industry/NI7468 6
  • 7. New luxury sweet spot New Luxury products are sold at much higher prices than conventional goods and in much higher volumes than Old Luxury goods, the result is a transformation of the entire category. “ “ Boston Consulting Group 7
  • 8. In with the fast crowd… Luxury dream Social elevation & timelessness Social imitation & instant Priceless gift Quality / price ratio, investment & performance seduction realism Fashion Premium Lora Piana Hermes Chanel YSL Bally Gucci Prada Chloe Lanvin Louboutin ACNE Isabel Marrant Rag & Bone Vince ! Equipment Zadig & Voltaire Stella McCartney Chintia & Parker H&M ZARA J.Crew Mango Top Shop 8
  • 9. Banjo & Matilda timeline May 2008 Brand & first collection launched Bondi Beach Australia - online only Revenue 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Doors Celebrity collaboration program commenced Wholesale program commenced Sweater Exchange launched First retail store opens Net-a-porter secured. Re-orders within 3 weeks. Additional US & UK retailers begin to stock B&M US based Debtor finance secured GOOP / Gwyneth Paltrow collaboration goes global 18 200 Doors confirmed Oct 14 $1MM Equity Convertible APO listing on OTCBB: BANJ First collection launched - 4 styles 8 1 1 1 1 200+ December 2008 2009 2010 2011 2012 2013 2014 Operating Profit (169,400) (280,571) (130,176) (171,287) (18,227) 212,451 149,462 $ 000‘s per door 82 135 684 836 155 114 26 9 2012 Brand Begins to Take Off
  • 10. ! ! + Wholesale “Doors” Own Retail (DTC) (Margin % Expansion) x Offering (Revenue Per Door) ! = A Global Lifestyle Brand ! 10
  • 11. Retailers jumping on board USA Net-A-Porter ShopBop Revolve Intermix Neiman Marcus Anthropologie !!! Germany KaDeWe UK Net-A-Porter Harvey Nichols Middle East Boutique1 Hong Kong Net-a-porter Australia David Jones On radar of.. 11
  • 12. Media & Celebrities fuelling brand growth 12
  • 13. ! Wholesale “Doors” + ! ! x Own Retail (DTC) (Margin % Expansion) Offering (Revenue Per Door) ! = A Global Lifestyle Brand ! 13
  • 14. Consumers diving in DTC Online e-commerce 1 x Sydney Australia store 14 140,000 105,000 70,000 35,000 0 Q1 Q2 Q3 Q4 Q1 Q2 Sales 2013 2014 Visitors 100,000 75,000 50,000 25,000 0 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 2008 2009 2010 2011 2012 2013 2014
  • 15. Sales pouring in 1,800,000 900,000 0 LTM Wholesale Dec 2011 Dec 2012 Dec 2013 Jun 2014 New Zealand Canada United Kingdom Middle East Asia United States Europe Australia 1,000,000 500,000 0 LTM Online Sales Dec 2011 Dec 2012 Dec 2013 Jun 2014 Rest of the World United States Australia 3,000,000 1,500,000 0 LTM Total Dec 2011 Dec 2012 Dec 2013 Jun 2014 Retail Store Online Store New Zealand Canada United Kingdom Middle East Asia United States Europe Australia 15
  • 16. ! Wholesale “Doors” + Own Retail (DTC) (Margin % Expansion) x Offering (Revenue Per Door) ! ! = A Global Lifestyle Brand ! 16
  • 17. Wholesale “Doors” + Retail (DTC) Margin Expansion x Revenue/Offering per door today Global Australian Lifestyle Brand Simple growth plan Expand Ranges + + + Aggressive online US penetration Major department concession roll out + Key flagship retail stores Secure new key retailers 17 June 30 YE 2014 2015 2016 2017 2018 Revenue $m 2.6 6 11.2 21 37.9 Doors 96 214 310 505 725 Rev/Door $‘000 26 28 36 41 52
  • 18. Financials Summary P&L (ending June 30)* FY12’ FY13’ 9 MONTHS TO MARCH 14’ New Wholesale Revenue $- 0% 147,793 8.3% 272,984 13.6% Existing Wholesale Revenue 269,784 29.3% 1,026,514 57.8% 818,951 42.5% Total Wholesale Revenue 269,784.13 29.3% 1,174,307.11 66.1% 1,091,934 56.1% Total Online Revenue 540,053.85 58.6% 446,286.09 25.1% 549,100 30.6% Total Retail Revenue 111,744 12.1% 154,650.53 8.7% 198,321 11.8% Total Revenue 921,581.98 1,775,243.73 1,839,356 Total Wholesale COGS 191,721 20.8% 727,243.69 41% 672,362 36.7% Total Online COGS (incl. Freight) 384,532.68 41.7% 153,893.5 8.7% 312,173 15.9% Total Retail COGS 79,564.7 8.6% 69,685.82 3.9% 143,491 7.1% Total COGS 655,818.38 71.2% 950,823.01 53.6% 1,128,026 59.7% Total Wholesale GP 78,063.13 8.5% 447,063.42 25.2% 419,572 19.4% Total Online GP 155,521.17 16.9% 292,392.59 16.5% 236,927 14.7% Total Retail GP 32,179.3 3.5% 84,964.71 4.8% 54,831 4.8% Total GP 265,763.6 28.8% 824,420.72 46.4% 711,329 40.3% Total Wholesale OPEX 49,270 5.3% 59,678 3.4% 53,919 2.8% Total Online OPEX 143,587 15.6% 89,487 5% 30,965 2.1% Total Retail OPEX 73,010 7.9% 130,385 7.3% 83,482 4.1% Total OPEX (exc. Corporate) 265,867 28.8% 279,550 15.7% 168,366 9% Total Wholesale Contribution 28,793 3.1% 387,386 21.8% 365,653 16.6% Total Online Contribution 11,934 1.3% 202,906 11.4% 205,962 12.6% Total Retail Contribution (40,831) (4.4%) (45,420) (2.6%) (28,651) (0.6%) Total Contribution -104 0% 544,871 30.7% 542,964 29.4% Corporate Overhead 184,904 20.1% 325,360 18.3% 594,478 31.3% Total EBITDA -185,007 (20.1%) 219,511 12.4% -51,514 (0.1%) 18 * All financials in AUD and based on Management Accounts. See relevant filings for US and public company results. Excludes financing/interest costs.
  • 19. Comparable paths ~ focus on premium Basking in the reflected glory of luxury fashion, the brands* are enjoying stellar sales growth, outpacing even the double-digit growth of much pricier companies. “ “ **Based on public information on PE deal with TA Associates as at 19 June 2012 19 WSJ Online, Clothing that Bridges the Cheap-Lux Gap, February 2013 * Sandro, Claudie Pierlot, the Kooples, Zadig & Voltaire NYSE VNCE Founded 2002 Revenue $273 Market Cap $1,210 Rev multiple 4.43 Doors 2,130 Rev p/door 127 Private Founded 1995 Revenue $171** Market Cap $1,667** Rev multiple 9.8 OTCQB BANJ Founded 2008 Revenue RR $3 Market Cap $6 Rev multiple 2 Doors 100+ Rev p/door 26
  • 20. Market Cap * EBITDA Margins CY 2014 EV / Sales CY 2014 EV / EBITDA CY 2014 Revenues (FY) 2014 * Growth % Listed comparables Kate Spade & Co US 4,882 12.4% 4.77x NM 1,080 -15% Vince Holding Corp US 1,342 21.6% 4.35x 20.2x 331 15% Michael Kors Holdings Ltd Hong Kong 18,083 32.5% 4.30x 13.3x 3,311 -15% Brunello Cucinelli Spa Italy 1,499 18.2% 3.16x 17.4x 4891 14% Salvatore Ferragamo Spa Italy 4,778 21.3% 2.66x 12.5x 18,311 10% Banjo & Matilda Aust/US 7 N/A 1.60x N/A 4 127% Steven Madden Ltd US 2,186 16% 1.36x 8.5x 1,403 7% Low Mean High 12.4% 20.3% 32.5% 1.36x 3.85x 4.77x 12.5x 15.8x 20.2x 4 1,408 3,311 (15%) 20% 127% * $ million 7 4,682 18,083 20
  • 21. Investment highlights 21 Started as a Family Business - Growing into an Enterprise. Founded by husband & wife team of CEO, Ben Macpherson and Creative Director, Belynda Macpherson. Growing Retail Presence. Operates fast growing e-commerce site and is stocked in major key retailers such as Net-a-porter, Harvey Nichols, Neiman Marcus, Anthropologie, ShopBop, Intermix, Beyman, Revolve and David Jones. Rapid Financial Growth as Brand is Adopted. Reported sales of $86,000 for its first year (2008). Currently, on track to generate over $4 million in sales for FY 15’ (June 30). Clear Opportunity & Strategy for Continued Growth Comparable companies $1B+. Its been done before many times. More wholesale Doors + Higher margin DTC x Full lifestyle product range = global lifestyle brand
  • 22. Additional Information At the Company Ben Macpherson, Chief Executive Officer Ben@banjoandmatilda.com Aust. +61(0)413 836 633 /US (917) 683-7875 Investor Relations The Equity Group Inc. Terry Downs, Associate Adam Prior, Senior Vice President TDowns@equityny.com APrior@equityny.com (212) 836-9615 (212) 836-9606 Market Street Stan Abiassi, Managing member stan@marketstreetcomm.com (281) 940-8889 ! 22