Slide 1: 3Q25 Results - Investor Presentation
Image: DroneSentry-X mounted on a Danish Government vehicle during the recent Europe airport drone disruptions Artificial Intelligence Multi-Mission Counter-Drone Solutions 3Q25 Results - Investor Presentation October 2025
Slide 2: Investment Thesis
Investment Thesis A well positioned market leader in a globally surging industry, across military and civilian sectors ● Deteriorating geopolitical and security situation around the globe, accelerating defence spending ● Ukraine has irreversibly brought drones and counterdrone solutions into mainstr
Slide 3: 3Q25 Summary
3Q25 Summary Significant Performance Acceleration A$ 3Q2025 3Q2024 QoQ Growth Comment Revenue 92.9m 7.8m ▲ 1,091% • All-time high revenue quarter • 2Q25 second highest revenue quarter at $38.8m • Committed revenues YTD2025 of 193.1m (vs $57m for all of 2024) Cash Receipts 77.4m 9.1m ▲751% • All-time
Slide 4: Delivering Growth in Revenue and Earnings
Delivering Growth in Revenue and Earnings DRO expects to benefit from operational leverage moving forward The Gross Profit margin is approx. 65%. The current fixed cash cost of the business is approx. $100m/year Revenue from Customers (A$m) Customer Cash Receipts (A$m) Committed Revenue FY2025 Remai
Slide 5: Key Highlights
Key Highlights Record performance across all key metrics Robust financial performance Executing on material pipeline Positioned to win and scale A$165.2m A$2.55bn 330 1Q-3Q 2025 revenue Pipeline October 2025 World-class engineers • Up 431% (vs. 2024) • 300+ diverse pipeline across geographies, • A w
Slide 6: Sales Pipeline at $2.55bn
Sales Pipeline at $2.55bn (as of Oct 2025) 300+ diverse pipeline across geographies, customers, products and stages of maturity of the deals. Corresponds to approximately end of 2026. Civilian customers are starting to demonstrate interest as well. $715m / 118 projects $1.15bn / 66 projects ● Sales
Slide 7: US$35bn+ Total Addressable Military Market
US$35bn+ Total Addressable Military Market Military Vehicles (Mounted) $112,500 each $20.3 $2.4 billion billion $2.3 Border Protection Military – Fixed Bases $2 million each $462,500 each billion Government Facilities – Fixed Sites Military Helicopters $281,500 each $75,000 each $1.8 $1.4 billion bi
Slide 8: US$28bn+ Total Addressable Civilian Market
US$28bn+ Total Addressable Civilian Market Strategic Power / Grid Assets Data Centres (Tier III/IV+) Correctional Facilities $1,062,500 each $312,500 each $281,500 each $2.5 billion $3.8 billion $2.3 billion Stadiums / Events $512,500 each Civilian Helicopters / Heliports $6.4 $150,000 each billion
Slide 9: Unmatched End-to-End Counter-Drone Solutions Worldwide
Unmatched End-to-End Counter-Drone Solutions Worldwide… Complete multi-mission counter-drone solutions with the best product for every scenario Dismounted On-The-Move & Fixed Site AI AI AI Detect 45% (FY24: 34%) RfPatrol Defeat 17% 38% FY25 (FY24: 47%) (FY24: 19%) RELEASE DroneGun Mk4 DroneGun Tacti
Slide 10: Proprietary AI-based SaaS and Software R&D Contracts
…And Proprietary AI-based SaaS and Software R&D Contracts Quarterly proprietary SaaS, completed by third party SaaS on integrated radar solutions The goal is 10,000’s of hardware pieces globally, each with multiple SaaS, with 30-40% of revenue in SaaS RFAI (detection) DroneSentry-C2 Sentry-Civ Deplo
Slide 11: Will our technology continue to work against drones?
Will our technology continue to work against drones? A large and agile team, combining counterdrone technology, expertise, relationships and reputation RF to remain ● DRO believes that radiofrequency will remain the core sensor and effector mechanism as the drones evolve* core drone ● Non-RF drones
Slide 12: Will our technology continue to work against drones? (continued)
Will our technology continue to work against drones? (continued) Understanding market trends and the “ground truths” about them, remains key What about ● Use of multi-sensor systems such as DroneShield’s DroneSentry, including with multiple detection modalities fibre-optic (radar, acoustic, camera e
Slide 13: Our Competitive Differentiators
Our Competitive Differentiators Global pioneer Fully in-house at the forefront development and 330 world class $50m+/year of R&D Technical differentiators of manufacturing engineers investment counterdrone capabilities (except technology radar and camera) AI-powered SaaS Substantial and Market leadi
Slide 14: Competitive Positioning
Competitive Positioning ● DRO is the global market leader in each of its key segments, underpinned by its commercial and technical differentiators. Competitors include*: ● Handheld detection: MyDefence (Denmark) and DZYNE (USA) ● Handheld defeat solutions: MyDefence (Denmark), SteelRock (UK) and DZY
Slide 15: Manufacturing Capacity Expansion
Manufacturing Capacity Expansion Expansion from the current $500m p.a. to $2.4bn p.a. in production capacity by end of 2026 ● New own 3,000sqm production facility in Sydney ● Substantial upgrade from 400sqm of floorspace of the current production facility ● The manufacturing is to assembly of items
Slide 16: Inventory Strategy
Inventory Strategy The objective is to maintain sufficient inventory to minimise delivery timeframes, while reducing the risk of tech obsolescence ● DRO is well placed to deliver on short notice, with $82m of inventory by book value as at 30 Sep 2025, including completed and in-progress units – the
Slide 17: Executing on our Strategic Priorities
Executing on our Strategic Priorities Leveraging our established and scalable platform to execute on numerous and highly actionable growth levers 2025-2026 2027-2028 2029+ ● Launch of next gen hardware ● Grow pipeline by 100%+ to $5bn ● Significant revenue from SaaS, across product families long ter
Slide 18: Thank you
Thank you Australia Office (Headquarters) U.S. Office DroneShield Limited DroneShield LLC Level 5, 126 Phillip St 7140-B Farm Station Rd, Sydney NSW 2000 Warrenton, VA 20187 www.droneshield.com investors@droneshield.com 18
Slide 19: Appendices: Other Information
Image: Belgian military personnel using the DroneGun Mk4 while training within NATO's multinational tactical group | Photo by PAO Romania A APPENDICES Other Information
Slide 20: A Global Company
A Global Company DroneShield is a significantly larger business today with 400 staff, up from 11 in 2017 DroneShield’s Rapid Transformation Total Staff (Globally) Global Presence • 2017: Employed 11 staff, focused on 400 early product launches and initial sales • 2018-2019: Staff-growth to focus on
Slide 21: Detection Technologies
Detection Technologies DRO uses multi-sensor drone detection for optimal results, unaffected by time of day or weather. DRO is an integrator as well as sensor maker, meaning it combines its own and 3rd party solutions Radio Frequency Radar* Cameras* Acoustic* Imagery Overview ● Foundational layer ●
Slide 22: Defeat Technologies
Defeat Technologies DRO uses smart jamming which has advantages over other technologies, particularly, in its use across civil and military applications, and does not compete against large Defence Primes A Defence Prime area, such Traditionally a Defence as Kongsberg or EOS Prime area, however new E
Slide 23: Visionary Team of Industry Veterans with Deep Industry Experience
Visionary Team of Industry Veterans with Deep Industry Experience Oleg Vornik Angus Harris Nathan Vardanega Angus Bean CEO and Managing Director Chief Technology Officer COO Chief Product Officer 10yrs with DRO 9yrs with DRO 1yr with DRO 2yrs with DRO Paul Cenoz Carla Balanco Sasha Biskup Matt McCra
Slide 24: Experienced Board
Experienced Board Peter James Oleg Vornik Jethro Marks Independent Non-Executive CEO and Managing Director Independent Non-Executive Chairman Director 10yrs with DRO 10yrs with DRO 6yrs with DRO Simone Haslinger Richard Joffe Independent Non-Executive Independent Non-Executive Director Director Stel
Slide 25: Capital Structure
Capital Structure Capital Structure (36,500 shareholders) Research Coverage DRO Shares on Issue (a single tier of common stock voting structure) 874,718,854 DRO Options on Issue1 56,193,361 Fully Diluted Shares on Issue 930,912,215 Fully Diluted Equity Value2 $4,272.8m Cash (as of 14 October 2025)3
Slide 26: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation has been prepared by DroneShield Limited ACN 608 915 859 ("DroneShield" or "Company"). This presentation contains summary information about DroneShield and its associated entities, and their activities current as at the date of this presentation. Th