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26/11/21

2021 Annual General Meeting of PARKD Limited (ASX:PKD)

Chairman's address to be delivered at 11:00am today by Bronte Howson at the 4th annual general meeting of PARKD Limited ("PARKD" or "the Company") held at the Hyatt Regency, 99 Adelaide Terrace, Perth.

The 2020/21 financial year has seen PARKD move from the challenging environment impacted by COVID-19 related matters where revenue generation proved difficult, to successfully delivering Technical Services and Design Contracts across Health, University, Private and Retails Sectors.

It has been a testament to the quality and professionalism of our people together with the clear vision and disciplines of the Board to position PARKD as the leading solution specialist in the Parking Sector and places us in a real position of strength as we enter 2022.

It was very pleasing to receive strong support from shareholders and new investors in the capital raising during the year, raising circa $1.25 million. This has enabled PARKD to deliver on, and pursue, the pipeline of work developed by the company over the past two years. This has been evidenced by recent paid feasibility contracts being awarded with Suburban Rail Loop Authority in Victoria, St. John of God Hospital at Murdoch WA, Health Scope Hospitals, Coxon Group, John Hughes Group, Bendigo City Council and Base Property in Victoria. Pleasingly, from these opportunities we have signed a Construction Contract with John Hughes Group for $1.475m and a HOA with Coxon Group as released to the Market yesterday.

To assist in delivering on our strategy to transition these design and technical works into construction projects we have signed an agreement with Axium Properties Ltd (ASX: AXI) to provide asset leasing opportunities for Government, Non-Government and Private organisations.

We head into 2022 full of confidence that PARKD has the ability to continue its strong market presence and performance in completing and attracting new opportunities that will see the company grow and scale going forward.

The Board and Management are focussed on delivering the potential of PARKD and I thank all our shareholders for their ongoing support.

This announcement has been approved for release by the Board of Directors.

For further information, please contact:

Peter McUtchen

Chief Executive Officer

Email: pmcuthcen@parkdgroup.com

Phone: +61 431 020 429

337 Harborne Street

08 9429 8863

Osborne Park WA 6017

www.parkdgroup.com

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26/11/21

ABOUT PARKD LTD (ASX: PKD)

PARKD has intellectual property rights to aspects of an innovative lightweight concrete "modular" car parking system. The modular aspect of the system and the minimising of structural weight provides the ability to relocate the car park or adapt it to parking demands by adding or subtracting to the structural levels of the car park. The PARKD Car Park System is currently designed for single or multi rise arrangements of up to 6 levels including ground level. The PARKD Car Park System is prefabricated offsite with the potential to reduce construction time, cost and site disruption when compared to traditional construction methods.

337 Harborne Street

08 9429 8863

Osborne Park WA 6017

www.parkdgroup.com

2

For personal use only

For personal use only

For personal use only

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Parkd Ltd. published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 03:09:03 UTC.