Slide 1: Investment Overview
Investment Overview Sept 2025 Contact: Danny Maher, Managing Director danny.maher@firstwave.com © FirstWave Cloud Technology. Commercial in Confidence
Slide 2: Executive Summary
Foundation Executive • Proven IP & Innovation • AI/ML patents, cybersecurity and network management expertise Summary Traction • Global Adoption -150,000+ organisations using FirstWave’s free open-source software • Comprehensive Product Suite: • Open-AudIT - device discovery and inventory; • NMIS -
Slide 3: Blue Chip Customer Base
Blue Chip Customer Base JOHN DEERE Ferromex CROMMAN TAQM 3% Raytheon n® Technologies Australian Government 8° Services Australia = Microsoft NORTHROP CIBCO® cH sinch Peritech Dominion BANMIBRAS new era ® macquarie ‘ii 4 TELECOM Nex Toc esaimronce vee
Slide 4: Market Opportunity
Industry Growth Market Global spend on compliance and network AI is forecast to expand rapidly over the next decade. The compliance management software market is projected to grow from USD 52.85B in 2023 to USD 175.6B in 2033 (14.2% CAGR, Business Research Insights), Opportunity while agentic AI in
Slide 5: Industry Leading Technology
A History of Developing AI Software Industry FirstWave holds significant IP in cybersecurity and network management including multiple AI patents related to traffic identification and classification and malicious image detection. Leading Expanding AI for Compliance Management Technology (leveraging
Slide 6: Business Model & Revenue
An Established Enterprise Sales Channel Business • Dealing directly with blue chip, global customers • Reselling through Telcos, Managed Services (MSP) and Managed Security Services (MSSP) – Upsell and cross-sell opportunities foster a natural channel Model & Revenue 96% Recurring Revenue from softw
Slide 7: NEW: AI Driven Vulnerability Detection in Open-AudIT
• Evolves Open-AudIT from a once off audit tool which captures inventory into a NEW: AI Driven compliance platform, taking a live feed of security vulnerabilities and using AI to assess new threats against the inventory and alerting the organisation if they are Vulnerability vulnerable. • Offers ent
Slide 8: FirstWave Software Download Statistics
Every 7.8 minutes a download FirstWave 1 out of 5 downloads is from a company that has not downloaded in the previous 3 years Software (Meaning 4 out of 5 are actively upgrading) Download circa circa Statistics 13K 67K Downloads per NEW Organisations Downloading per Annum Annum
Slide 9: Monetisation of Open-AudIT: A $30M+ ARR Opportunity
Freemium Model Monetisation of • Free → Professional and Enterprise Versions. • Target average sale value of AUD$15,000 – $25,000 ARR based on competitor and market analysis. Open-AudIT: • Additional user intelligence features developed to understand user activity and deliver targeted marketing camp
Slide 10: NMIS Cloud For Telmex: A $15M+ ARR Opportunity
AUD$15M+ per annum Enormous potential for growth over NMIS Cloud For opportunity time • Currently 200,000 devices under management • Expect first order for Telmex to be 10,000 Telmex: on older FirstWave NMIS software. • These devices could all be moved to the cloud - 30,000 devices • Expansion to Te
Slide 11: Global Distribution Partnerships
Amazon Web Services Marketplace • FirstWave compliance stack being listed on AWS Marketplace Global • • Access to global enterprise and government buyers Procurement aligned with customers’ AWS spend • Co-funding and co-marketing opportunities with AWS have been agreed Distribution with further unde
Slide 12: Raising $2.5M for Growth & Expansion
Launch NMIS Cloud Service with Telmex Raising $2.5M • $15M+ ARR opportunity with Telmex alone → will expand from there • Potentially a whole new line of business competing against Logic Monitor and Auvik for Growth & Monetise the Open-AudIT User Base Expansion • $30M+ ARR opportunity from existing u
Slide 13: Terms of Offer
Terms of $0.01 per share Offer 1 option per 3 shares • $0.018 exercise price • 18 month expiry Up to 185,683,352 shares to be issued under tranche 1 Up to 99,316,648 shares to be issued under tranche 2 which would be subject to shareholder approval in November 2025.
Slide 14: Source & Application of Funds
Source of Funds Source & Market raise $2,500k Application of funds Application Capital raise costs $160k of Funds Working capital to fund growth: › Monetisation of the Open-AudIT user base (included in all activities) › Sales and marketing for all products (Circa $1M) › Distribution partnership expa
Slide 15: Financial Summary Balance Sheet
Financial Balance Sheet- Management Accounts Assets Jul-25 Cash and cash equivalents 405 Summary Trade receivables & accrued sales R & D receivable 2,144 323 Other assets 570 Balance Sheet intangibles Total assets 37,204 40,646 Liabilities Trade payables & accrued expenses 1,378 Other creditors 211
Slide 16: Financial Summary P&L
Financial Profit & Loss - Management Accounts Revenue Jul-25YTD 934 Summary Cost of Goods Sold Gross Profit (34) 900 R&D and other Income 86 P&L Total Income Personnel Costs 986 (728) Personnel Costs Capitalized 179 Other Expenses (inc. ROU) (177) Amortisation of Capitalised Personnel Costs (189) Sh
Slide 17: Thank you.
Thank you. For more information: danny.maher@firstwave.com