A galvanised shed wall and empty concrete hardstand at an Australian light-industrial yard, with stacked timber pallets, unmarked shipping containers and a leaning power pole beyond.

SustainTrue Pty Ltd · Annual review · FY26

Show your
work.

A mock annual review for an unlisted Australian software company, built the way SustainTrue argues reporting should be built: every figure carries the evidence behind it, and every figure that has none says so.

ENTITY SustainTrue Pty Ltd

ABN 28 694 427 579

PERIOD FY26

STATUS Unaudited

Illustrative demonstration of an evidence-linked annual review, not issued by SustainTrue Pty Ltd. Disclaimer: no reliance on any figure marked illustrative; not an offer of securities. Photograph generated, depicting no real asset. 01 / 12

§02 · Basis of preparation

Two marks, and the difference between them.

Recorded

A fact the company itself publishes, carrying the date it was stated and the page it came from. Reproduced here unchanged. Nine of the figures in this deck are recorded.

Rendered solid, in the deck's numeral face.

10 articles published, each dated by the company1

Illustrative

A stand-in. SustainTrue publishes no revenue, headcount, customer count or client name, and labels every dashboard figure on its own site as representative data rather than a client position.

Rendered hollow, so an unsupported number is visible at four metres.

A$2.4m annual recurring revenue2

Every figure on the slides that follow carries one of the two marks, and every mark resolves to a numbered line at the foot of its own slide. The complete register is on slide 12.

1 · sustaintrue.com/blog, as at Aug 2026 · 2 · illustrative, standing in for a revenue figure the company does not publish. 02 / 12

§03 · The company

An Australian software company, privately held.

6 Disclosure regimes mapped1 AASB/ASRS, ISSB, UK SRS, GHG, CSRD, SDGs

38 Customers on the platform2 Not published by the company

11 Adviser firms delivering2 Not published by the company

Fact	Value	As at	Source
Legal name	SustainTrue Pty Ltd	Aug 2026	/about
Company type	Australian proprietary company, not listed on any exchange	Aug 2026	/about
Based in	Sydney, New South Wales	Aug 2026	/about
Technology partner	MeetingQuality (MQ)	Aug 2026	/about

1 · compliance strip, sustaintrue.com, as at Aug 2026 · 2 · illustrative; the company publishes no customer or partner count. 03 / 12

§04 · The platform

One input layer, many sustainability outputs.

Measure

Spend and activity-based carbon accounting across Scope 1, 2 and 3
Proprietary emission factors database
Bottom-up collection, not top-down estimates

Assess

Policy against practice, read separately by board, management and staff
Seven proprietary risks against an industry standard
Average annual loss priced per site and hazard

Disclose

Every obligation mapped to an owner and a piece of evidence
Readiness reported by pillar
Audit-ready packs from the same evidence base

8

Stages, in the company's own words1

Sources → Validation → Engines → Artefacts → Clause map → Owners → Priority → Disclosure

1 · the SustainQ pathway, sustaintrue.com, as at Aug 2026. Product descriptions on this slide are the company's own; no capability is asserted beyond what it publishes. 04 / 12

§05 · Traction

Every figure on this slide is illustrative.

A private company publishes no operating figures, and SustainTrue publishes none. The shape below is what an annual review of a company at this stage would carry. It is drawn hollow because nothing supports it.

0.4

FY23

0.9

FY24

1.5

FY25

2.4

FY26

Annual recurring revenue, A$m. Axis begins at zero.1

118% Net revenue retention1

19 Months of cash runway1

1 · Illustrative throughout. SustainTrue Pty Ltd publishes no revenue, retention or cash position, and none is derived here from any published figure. 05 / 12

An elevated view across an Australian regional industrial fringe: warehouse roofs carrying solar arrays, a sealed road and a rail spur, low scrub and flat ranges under an overcast sky.

§06 · The obligation

Australian entities are being phased into mandatory climate disclosure.

Under the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024, entities comply with AASB S2 in three phased groups. An entity falls into a group once it meets two of that group's three thresholds.

Group 1

Large entities

Financial years beginning on or after 1 January 2025.1

ACTIVE NOW

Group 2

Medium entities

Financial years beginning on or after 1 July 2026.1

SUSTAINTRUE'S STATED MARKET

Group 3 · under revision

Smaller entities

Financial years beginning on or after 1 July 2027.1

THRESHOLDS IN CONSULTATION

1 · sustaintrue.com/reporting-groups, as at Aug 2026. Not legal or compliance advice. Photograph generated for this deck; it depicts no real site. 06 / 12

§07 · Route to market

Two buyers, and the company sells to both.

ESG and sustainability consultants

"You advise on ESG strategy, risk and reporting. SustainQ lets you deliver it. Turn client data, policies and evidence into carbon, climate disclosure and risk outputs under your own brand. You keep the client and the advice."1

White-label delivery under the adviser's own brand
Ongoing revenue share for the life of the client relationship1
Terms tailored per partnership; no rates published

Mid-market companies

"Run sustainability data, evidence and reporting on one operating layer without adding an enterprise-sized internal team. Work directly with SustainTrue or through your existing ESG adviser."2

Positioned as enterprise scrutiny, mid-market resources
Board and assurance expectations without an enterprise team
Associations may offer it as a member benefit

64%

of new accounts arriving through an adviser3 — illustrative. The company states that it sells through advisers as well as directly, and publishes no split between the two.

1 · sustaintrue.com/partners · 2 · sustaintrue.com, who SustainQ is for · 3 · illustrative; no channel split is published. All as at Aug 2026. 07 / 12

§08 · Evidence and method

Five commitments the company publishes about its own work.

Commitment	In the company's words	As at
Traceable by design	Every material output retains its source, method, factor, assumption and review history. Estimates are clearly identified.	Aug 2026
Grounded in standards	Methods aligned to the GHG Protocol and mapped to AASB S2, ISSB, UK SRS and CSRD, with the applicable methodology recorded alongside the output.	Aug 2026
Clear data ownership	Clients retain ownership of their data. How information is stored, processed and used is documented clearly.	Aug 2026
Clear scope	The company organises the data, methods and evidence that a client's own review and assurance processes rely on.	Aug 2026
Built for scrutiny	Human review and approval controls, an auditor collaboration workspace with role-based view and co-authoring.	Aug 2026

All five quoted from sustaintrue.com/about, as at Aug 2026. Stated commitments, reproduced as stated; performance against them is not assessed here. 08 / 12

§09 · Published this year

Ten articles, every one dated by the company.

The most substantial recorded output of the period, and the only part of this review where the dates are the company's own to the day.

Date	Title	Subject
17 Aug 2026	Climate Active Is Closing. The Claim Isn't.	Climate governance
11 Jul 2026	AASB S2 Has Started for Group 2: Six Controls to Build Now	Climate disclosure
13 May 2026	Scope 3 Gets Rewritten. Your Baseline Just Expired.	Carbon accounting
11 Apr 2026	CBAM Lands in 2027. The Baseline Doesn't.	Carbon border
24 Mar 2026	SustainTrue Joins Pledge 1%	Announcement
1 Mar 2026	Five Failures, One Label: What Greenwashing Actually Looks Like	Greenwashing risk

sustaintrue.com/blog, as at Aug 2026. Titles reproduced whole and unedited. 09 / 12

§10 · Corporate citizenship

The one commitment the company dates about itself.

1% of resources committed1

ANNOUNCED 24 MARCH 2026

SustainTrue joined Pledge 1%, which it describes as a global movement that empowers companies of all sizes to drive positive social impact through their business. It commits one per cent of its product, profit, equity, and/or employee time to a charity of its choosing.1

The company states that specific charity partners will be announced as programs are confirmed. Nothing further has been published since the announcement, so the three measures below are recorded as not available rather than estimated.

Not available Charity partners named

Not available Employee hours contributed

Not available Amount donated

1 · sustaintrue.com/blog/sustaintrue-joins-pledge-1-percent, 24 Mar 2026. "Not available" is stated rather than shown as a zero, which would be a different claim. 10 / 12

§11 · Not reported

What a private company does not have to publish, and does not.

No ticker and no listing. A proprietary company cannot be listed, and the site states no exchange, ticker or listing date.
No board of directors. Two people are published; no board, no other executives and no company secretary.
No lodged company documents. No annual report, financial statements, constitution, board charter or governance policy.

No financial disclosure. No revenue, funding, headcount, customer count or client name appears anywhere on the site.
No pricing. Neither platform pricing nor partner revenue-share rates are stated.
No registered office. Sydney, Australia and an ABN, with no street address and no telephone number.

None of the above is a departure. An unlisted proprietary company is not subject to ASX Listing Rule 4.7.4 or 4.10.3, lodges nothing with a market operator, and owes no continuous disclosure. The list is here because an absence a reader has to infer is worse than one the document states.

Crawl of sustaintrue.com, 31 Aug 2026. An item absent from it is recorded as not published, never as not existing. 11 / 12

§12 · Register

Every illustrative figure in this deck.

Measure	Shown as	Slide	What it stands in for
Annual recurring revenue	A$2.4m	02, 05	A revenue figure. The company publishes none, and none is derivable from anything it does publish.
Customers on the platform	38	03	A customer count. Not published; no case study or named reference customer appears on the site.
Adviser firms delivering	11	03	A partner count. The company describes a partner programme and names no participant.
Net revenue retention	118%	05	A retention measure. Requires a revenue series the company does not publish.
Months of cash runway	19	05	A cash position. No funding or balance-sheet information is published.
Accounts arriving via adviser	64%	07	A channel split. The company states it sells both ways and publishes no proportion.

Everything else carries the recorded mark and traces to a page of sustaintrue.com.

sustaintrue.com, crawled 31 Aug 2026. UNAUDITED · disclaimer: no reliance on any figure marked illustrative · not an offer of securities · not legal or financial advice. 12 / 12

Show yourwork.