Solium Investor Overview September 30, 2009 DO NOT COPY OR DISTRIBUTE

Solium Investor OverviewSeptember 30, 2009

DO NOT COPY OR DISTRIBUTE

SOLIUM CAPITAL – Investor Overview 2

Forward Looking Information This document may contain forward-looking statements and/or assumptions that involve known and/or unknown risks. Such statements and assumptions may include: the size and/or economics of the market; plans and intentions to increase market share, expand geographically and/or further develop product capabilities; the results of strategic initiatives; and the impact of competition.

These forward-looking statements and assumptions are based on the expectations of Solium and involve known and unknown risks, uncertainties and other factors that may cause or influence the actual results, market performance, or achievements to differ from any future expected results, performance or achievements expressed or implied by such forward-looking statements.

No representation can be, or is being, made by Solium that future performance and operational results will conform to any estimates and projections contained or implied in this document. Important factors that could cause or influence such differences include, but are not limited to: general business and economic conditions, the overall stock market performance, actions from competitors, the corporate governance environment and regulatory reporting requirements for Solium’s clients, product capability and acceptance, the Company’s ability to generate sufficient cash flow from operations to meet its current and future obligations, and the Company’s ability to access external sources of financing if required.

In making an investment decision, prospective investors must make their own determinations as to the reliability of these projections, assumptions and forward-looking statements.

Solium undertakes no obligation to update any forward-looking statement, assumptions, or the other information herein in order to reflect events or circumstances that may arise after the date of this document.

The information in this document is not to be copied, printed or distributed without the prior written approval of Solium.


Solium Capital - Corporate Data Snapshot

Founded: November 1999

IPO: May 2001

Stock Symbol: SUM (TSX)

2008 Revenue: $17.0 million

5-year CAGR to Dec 31, 2008: 54%

Employees: 127

Share Capital:Basic: 31.1 million*Diluted: 33.7 million*Management & Directors: 15.7 million*

Operations: Calgary, Toronto, Montreal and Southfield (near Detroit)

* As at September 30, 2009


Solium is a financial services solutions company, differentiated through industry-leading technology and an unrelenting commitment to domain expertise. Solium is focused on profitably leveraging its core strengths in record keeping and administration of equity to become the global leader in our chosen market segments and selectively extend our business model to areas exhibiting complementary attributes.

Who is Solium?

Execution Strategy

Leverage technology to accelerate our position as a global technology innovator

Nurture a culture of exemplary and industry leading client service

Develop our people to be the industry’s knowledge experts and internal leaders

Take a measured approach to global expansion and seek opportunities to acquire key assets that offer strategic leverage


Solium Capital Inc.

Solium Canada(Full Service Plans

Administration)(1999)

Solium USA(Full Service Plans


StockVantage(Software Only Plans


Solium EquityConsulting Services

(Advisory Services)(2008)

Solium FinancialServices

(US Broker/Dealer)(2008)

Organizational Structure


Management

Rudi BesterExecutive Vice President,Sales & Marketing

June DavenportExecutive Vice President,Business Integration

Stephanie CegliaVice President,Strategic Integration, US

Kobe DavisVice President, Technology

Jeff EnglishPresident & CEO

Chris GrootVice President & General ManagerUS Operations

Jeannie KezamaExecutive Vice President,Service Operations

Lynn LeongExecutive Vice President,Finance & Administration

Marcos LopezExecutive Vice President,Corporate Strategy & Business Development

Solium Capital Inc. Solium Capital LLC

StockVantage Inc.

Solium EquityConsulting Services Inc.Jim McBrideManaging Principal

Vince AlessiVice President

Don DrybroughVice President, Corporate Solutions

Chris GrootVice President, Sales

Board of Directors

Mike Broadfoot (1)

Board member since 2002

Brian CraigBoard member since 2001

Jeff EnglishBoard member since 2007

Justin FerraraBoard member since 2002

Russ WaterhouseBoard member since 2004

Tony WebbBoard member since 2004

(1) Chairman of the Board


Share Profile12 month trailing

52 week high: $1.40 52 week low: $0.65

Shares Outstanding: 31, 162,279 (as at September 30, 2009)Stock Options: 2,246,800 (7.2% of Outstanding)Restricted Share Units: 490,644 (1.6% of Outstanding)Insider Ownership: 50.5%


Core Product OfferingsProvide web-based administration solutions to assist publicly traded companies with managing their corporate employee equity programs

Specifically focused on:

Grant based incentives – Stock OptionsShare Unit plans (Performance, Restricted and

Deferred)Restricted Stock AwardsShare Appreciation Rights (SARS)Tandem Share Appreciation RightsStock Settled Share Appreciation Rights

Share Savings Plans - Registered Share Purchase Plans (RRSP) Non-Registered Share Purchase Plans423 Plans

In addition to management tools for our corporate administrators, Solium provides brokerage execution services for plan participants through a network of brokerage relationships


Product Capabilities

Solium Shareworks™ Base platform

Interfaces with other systems Scalable to handle the largest of clientsOnline access 24/7Real time execution & settlement – handles market orders, limit orders, etcUnique login provides access to all equity compensation plans System generated messages and alerts for blackouts, new grants, etc

Complete financial reporting Fair value calculations and automated stock option expensingFull support for stock options, share units, restricted stock awards, share appreciation rights and tandem SAR’sComplete history of grants and activity for employer and employeesComprehensive employee reports and tools

Tracking of employer & employee contributionsVesting capabilitiesComplete range of registered and non-registered plans in Canada, and 423 plans in the USAutomated rules plan administrationSupports plans with single stock, mutual funds and GICs

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North America Market Opportunity Competitors

Canada (1)Public Companies:TSX & TSX Venture – 3,810Plan Participants:Grant Based - ~250,000Share Purchase - ~800,000

United StatesNumber of Plans: (2)

Stock Options - 3,000Stock Purchase – 4,000

Number of Participants:Stock Options – 9,000,000Stock Purchase – 11,000,000

SoliumCompanies – 384Participants: Grant based – 104,359Share Purchase – 91,222

SoliumCompanies – 170Participants:Grant based – 56,885Share Purchase – 13,540

Brokers

Merrill Lynch CitibankUBS E*TRADEFidelity

Transfer Agents

Computershare ASTCIBC Mellon Bank of NY

Software

SGVestia EASIOptrack

Life Insurance

Sunlife ManulifeStandard Life

(1) Canadian market numbers are based on Solium’s internal estimations(2) Source: National Center for Employee Ownership (NCEO)


Special Projects &Consulting Fees

Channel License Fees

Revenue Model Components

Transaction AdministrationRevenue

• Recurring monthly fees, indefinite term• Annualized based on participant levels• Flexible, modular pricing structure

• Recurring monthly fees• Annualized based on participant levels• Flexible, modular pricing structure

• One time, ad hoc• Fee for service for client driven customization and/or projects

• Solium transaction fees• Brokerage administration & access fees• Money movement fees• Foreign currency margin

• Variable fees – Activity based• Usually employee borne

• One time fees• Function of plan complexity

Implementation Fees

Access Fees


71%3%

23%

1%2% Recurring Access Fees

Implementation Fees

Transaction Administration Revenue

Channel Revenue

Consulting Revenue

Revenue MixSix months ended September 30, 2009


-

100

200

300

400

500

600

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2005 2006 2007 2008 2009

Clie

nts

StockVantage US CANADA

479 554+16%Direct Client Growth

Quarterly


-

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

2005 2006 2007 2008 2009

Par

ticip

ants

StockVantage US CANADA

Direct Participant GrowthQuarterly

228,178 223,237-2%


$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2004 2005 2006 2007 2008 2009

Access Revenue GrowthQuarterly

5 Year CAGR53%


$498,862 $864,335

$3,033,362

$6,194,727

$8,695,785

$12,544,270

$17,039,855

-$3,000,000

$2,000,000

$7,000,000

$12,000,000

$17,000,000

$22,000,000

2002 2003 2004 2005 2006 2007 2008

Revenue

EBITDA

7 year CAGR80%

5 year CAGR54%

Annual Financial Performance


Consolidated EBITDAQuarterly

($200,000)

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2005 2006 2007 2008 2009


Capital Structure

Common Shares31.1 million issued and outstanding – full voting rights

OptionsApproved pool of 4.6 million options2.2 million options issued and outstanding as at September 30, 2009Exercisable between $0.50 and $2.975 year expiryVest 50% after two years, then 25% annually for the two years thereafter

Restricted Share Units0.5 million issued and outstanding as at September 30, 2009Vest 50% after two years, and 50% after three yearsDelivery of common shares on vesting dates


Owner Orientation

A team that is well aligned with ShareholdersA team that has an owner manager cultureAn executive team whose wealth creation opportunity is tied primarily to the return on their equity shareholdings, not their salary or the size of the company.

Share Ownership (%)* Basic Fully Diluted

Board 38.1% 36.4%

Management (excludes officers who are Board members) 12.4% 14.9%

Total 50.5% 51.3%



Insider Ownership

Top Insider Shareholders* Basic (‘000) Fully Diluted (‘000)

1 Mike Broadfoot (Board) 6,045 6,115

2 Brian Craig (Board) 4,144 4,206

3 Marcos Lopez (Executive) 1,850 2,000

4 June Davenport (Executive) 674 764

5 Jeff English (Board and CEO) 527 727

6 Anthony Webb (Board) 468 513

7 Kobe Davis (Executive) 453 601

8 Russ Waterhouse (Board) 409 434

9 Jim McBride (Executive) 314 389

10 Justin Ferrara (Board) 291 345

Total 15,175 16,094

Aggregate % of ownership listed 49% 47%

For the most current data please visit the ‘Insider Summary’ page within the Investor Relations section of Solium’s website.


Documents

Solium Investor Overview September 30, 2009 DO NOT COPY OR DISTRIBUTE