Slide 1: Connect the future - Acquisition of Olfeo
Bridge 2028 Connect Acquisition of Olfeo Cybersecurity Strategy the future Ekinops, Bridge 2025 - 2028 15 May 2025 - Investor presentation 1 Classification : public
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Ekinops. This presentation is not for purely indicative. It does not constitute an offer or invitation for the sale or onward distribution. Neither the whole nor any part of the information in this purchase of securities or any of the businesses or a
Slide 3: Speakers
Speakers Didier Brédy Dmitri Pigoulevski Sylvain Quartier CEO CFO CSO 3 Classification : public
Slide 4: Olfeo to join Ekinops
Olfeo to join Ekinops Olfeo, French cybersecurity leader, and Ekinops, enterprise connectivity leader, join forces to create the new European SASE provider 4 Classification : public
Slide 5: Olfeo: 20 Years of Expertise in Securing Internet Access
Olfeo: 20 Years of Expertise in Securing Internet Access • #1 for Secure Web Gateway in France • 20 years' experience in cyber and filtering Cyber Expertise • 500 customers in all fields • 60 employees, 50% in R&D • Company & employees in Paris, France Made in • Awarded numerous quality labels Franc
Slide 6: Business Context
Business Context 1 2 3 MID SIZE ENTERPRISES CYBER ATTACKS EXPLODING HUGE BUSINESS IMPACT NOT WELL PROTECTED 13 million malicious domains per month, 55 percent of SMBs consider their cybersecurity 89 percent of CEOs view cybersecurity critical represents 20.1% of all new Domains solution “ineffective
Slide 7: "SASE": what is it ?
“SASE”: what is it ? Secure Access Service Edge main functions SD-WAN SASE Device and software to connect “Software Defined WAN”, enterprise sites to their corporate including equipment network and internet “Secure Access Service Edge” ZTNA Solution to secure remote workers’ “Zero Trust Access Netwo
Slide 8: What each is contributing
What each is contributing SASE “Secure Access Service Edge” Networking Device CASB SD-WAN is all-in-one security and Cloud SWG networking functions into Security a single cloud service to Bandwith Network Aggregation Unified ZTNA/VPN access securely company resources from anywhere, SASE Network as a
Slide 9: SASE Market Definition & Sizing
SASE Market Definition & Sizing Multi-Vendor SASE Multiple solutions combined from several Multi-Vendor $1.8bn SASE vendors. Complex, adopted by +3% CAGR large corporations Mono-Vendor SASE $7.1bn The same vendor provides non-integrated Mono-Vendor +15% CAGR SASE elements to create a solution and pr
Slide 10: Opportunity and objective
Opportunity and objective To become the European Unified SASE market leader Mid-size Need for sites / well Ekinops Unified SASE Ekinops enterprises integrated + FOR Leadership are not well Managed Olfeo Telcos protected Services •Cost & complexity •Trusted •To include all - Start with SSE now •Lack
Slide 11: Addressable Market (SAM) - Expansion Strategy
Addressable Market (SAM) - Expansion Strategy access to higher growth segments $2 500 Ekinops Addressable Market ($M) Incl. Access SASE $2 000 • $1.2B in 2028 • CAGR +48% SASE $1 500 New addressable Market Expansion $1 000 • $1.6B in 2028 • CAGR +57% $ 500 Core addressable Market Expansion $- • $568
Slide 12: Olfeo and Ekinops' first 100 days
Olfeo and Ekinops’ first 100 days Increase SSE revenue, position SASE • Continue to grow Olfeo’s SSE business through its French distribution channel • Start introducing Olfeo SSE to Ekinops customers • Start positioning Ekinops SASE solutions for 2026 revenue Combined R&D to build Unified SASE • Co
Slide 13: Main terms & conditions
Main terms & conditions • Acquisition by Ekinops of 100% of Olfeo’s shares • Via holding company Oscar SAS, from its founding, financial, and employee shareholders • Fully financed in cash • Thanks to Ekinops’ own cash and syndicated external growth credit line with its banking partners • Olfeo’s ma
Slide 14: Ekinops to enter the SASE market!
Ekinops to enter the SASE market! Ekinops to provide Cyber Security that really scales To be sold solely as a Service (SaaS) through subscription (ARR) To become The European, Unified SASE Leader 14 Classification : public
Slide 15: Thank you
Thank you www.ekinops.com 15 Classification : public