• Successful live launches of Rest Pay and AustralianSuper
• Transitioning into a phase of onboarding businesses to scale across major fund partners and direct-to-market channels
• Investing heavily in talent and infrastructure to support growth

Wrkr Ltd (ASX: WRK, Wrkr or Company) is pleased to provide its Appendix 4C and Quarterly Activity Report for the quarter ended 31 March 2026. This period has been defined by a shift from implementation to large-scale execution, validated by the successful live launches of Rest Pay and AustralianSuper. As the company approaches the 1st July 2026 Payday Super deadline, Wrkr is well-positioned. It has transitioned into a phase of onboarding businesses to begin the scaling process across its major fund partners and direct-to-market channels. Wrkr has invested heavily this quarter in the talent and infrastructure required to support this growth, reflecting its commitment to delivering a robust, industry-leading platform for its partners. The pace of onboarding and revenue-generating transactions will be subject to the Funds' market activity and confidence, the ATO's message on their tolerance for delay, and the preparedness of the payroll ecosystem and software to enable efficient adoption. Wrkr will support its Funds' clients by continuing to provide a hypercare program focused on onboarding, bringing on more Funds and platform features, and transitioning to an operational model.

Wrkr expects a scale-up in transaction-based revenue between now and December 2026, though the transition for employers may extend beyond the immediate July deadline. The company views this as a natural phasing of the legislative rollout, and its platform is fully prepared to capture this volume as these segments transition, providing a clear runway for growth into FY27.

Wrkr stands as a key beneficiary of the upcoming legislative shift, with its infrastructure already delivering the solution for Australia's largest funds and early-adopting payroll providers. The company is proactively collaborating with its clients to accelerate adoption, recognizing that while large enterprises are leading the charge, the mid-market and small-business segments are working through their own transition timelines. Wrkr is ready for them and remains laser-focused on scaling its transaction revenue as these businesses onboard onto its infrastructure.