Slide 1: Multi-Mission Artificial Intelligence Counter-Drone Solutions
Image: Demonstration of DroneShield's command- and-control platform, DroneSentry-C2, in Finland Multi-Mission Artificial Intelligence Counter-Drone Solutions FY2025 Results Investor Presentation 25 February 2026
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation has been prepared by DroneShield Limited ACN 608 915 859 ("DroneShield" or Past performance "Company"). This presentation contains summary information about DroneShield and its associated Past performance information (including past share price perf
Slide 3: FY2025 Highlights
FY2025 Highlights FY2025 saw record performance across all key metrics, and provides the foundation for continued strength into FY2026 Robust financial performance Executing on material pipeline Positioned to win and scale A$216.5m A$2.3bn 460 2025 Revenue from Customers Pipeline February 2026 Employ
Slide 4: Record 2025 with strong momentum into 2026
Record 2025 with strong momentum into 2026 Off the back of a pivotal year in 2025, DroneShield expects to continue to benefit from the operational leverage moving forward. Annualised fixed costs are estimated at $150m Revenue from Customers (A$m) Customer Cash Receipts (A$m) 250.0 FY Revenue ▲276% Y
Slide 5: Sales Pipeline at $2.3bn (as of Feb 2026)
Sales Pipeline at $2.3bn (as of Feb 2026) Diverse pipeline across geographies, customers, products and stages of maturity, providing good line of sight for continued growth through 2026. Combined use of in-country personal and local distribution partners showing returns $283m / 112 projects $1.2bn /
Slide 6: Inventory Update
Inventory Update Focus on maintaining sufficient inventory across various states to meet expected delivery timeframes, with new ERP and process improvements to assist ● Inventories of $79m as at 31 December 2025 ● $26m in finished goods (~$73m in sales value) ● $53m in raw inventory, mostly longer l
Slide 7: Manufacturing Capacity Expansion
Manufacturing Capacity Expansion Expansion towards $2.4bn p.a. in production capacity by end of 2026 ● New 3,000sqm production facility in Sydney ● Substantial upgrade from 400sqm of floorspace of the previous production facility ● The manufacturing is to assemble items made by supply chain to DRO’s
Slide 8: Unmatched End-to-End Counter-Drone Solutions Offering
Unmatched End-to-End Counter-Drone Solutions Offering Current gen products continue to sell well, as the company aims to launch a number of next-gen hardware solutions over late 2026 and 2027, including full spectrum customisable sovereign solutions Dismounted On-The-Move & Fixed Site AI FY25: 43% A
Slide 9: Proprietary AI-based SaaS and Software R&D Contracts
Proprietary AI-based SaaS and Software R&D Contracts Quarterly proprietary SaaS, complemented by third party SaaS on radar solutions The goal is 10,000s of hardware pieces globally, each with multiple SaaS, targeting 30%+ of revenue in SaaS by 2030 Device SaaS Site SaaS Enterprise SaaS ● Command-and
Slide 10: Our Competitive Differentiators
Our Competitive Differentiators Fully in-house Global pioneer at development and the forefront of 350+ world-class $70m+/year of R&D Technical differentiators manufacturing counter-drone engineers investment capabilities (except radar technology and camera) AI-powered SaaS Market leading, Substantia
Slide 11: DroneShield’s Competitive Positioning
DroneShield’s Competitive Positioning ● DroneShield is the only publicly listed pure-play C-UxS company in the world ● DroneShield is a global market leader in each of its key C-UxS segments, underpinned by its commercial and technical differentiators ● It has a large IP portfolio and robust AI capa
Slide 12: Corporate Governance Update
Corporate Governance Update Continuing DroneShield’s growth and maturity as an S&P/ASX200 company ● As the company continues its growth, entering S&P/ASX200 in September 2025, it is also rapidly scaling its processes including corporate governance systems ● The Company recently added senior personne
Slide 13: Executing on our Measurable Strategic Priorities
Executing on our Measurable Strategic Priorities Leveraging our established and scalable platform to execute on numerous and highly actionable deliverables 2026-2027 2028-2029 2030+ ● Launch of next gen hardware across ● Grow sales pipeline to $5bn ● Target revenue of $1bn p.a. product families ● Ro
Slide 14: Thank you
Image: Demonstration of DroneShield’s DroneSentry-X Mk2 in Finland Thank you Australia Office U.S. Office European Office Registered Headquarters DroneShield LLC DroneShield B.V. DroneShield Limited 7140-B Farm Station Rd, Herengracht 420 Level 5, 126 Phillip St Warrenton, VA 20187 1017BZ Amsterdam
Slide 15: Appendices: Other Information
A APPENDICES Other Information Image: DroneShield’s production warehouse facility in Sydney
Slide 16: Reconciliation of Statutory to Underlying metrics
Reconciliation of Statutory to Underlying metrics DroneShield has no debt ($209m cash) and a low capex base, resulting in high conversion of Underlying EBITDA to Underlying PBT A$000 2025 2024 Statutory profit/(loss) after income tax 3,521 (1,320) Less: Income tax benefit (2,270) (5,466) Add: Intere
Slide 17: 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 [We need]… more AI in defence spending everything … more counter UAS. ● Ukraine has irreversibly b
Slide 18: A Global Company
A Global Company Since its formation in 2014, DroneShield has grown significantly and currently has over 460 staff across 7 countries, and product representation in over 70 countries Employees (Globally) Global Presence • 2014: Founded by two US scientists developing 454 acoustic detection technolog
Slide 19: Seasoned leadership team with deep sector experience
Seasoned leadership team with deep sector experience Oleg Vornik Angus Bean Carla Balanco Louis Gamarra CFO & Joint Company CEO and Managing Director Chief Product Officer Chief Commercial Officer Secretary 10 yrs with DRO 9 yrs with DRO 8 yrs with DRO 2 yrs with DRO Nathan Vardanega Angus Harris Pa
Slide 20: US$35bn+ Total Addressable Military Market
US$35bn+ Total Addressable Military Market Military Vehicles (Mounted) $112,500 each $20.3 $2.4 billion billion Border Protection Military – Fixed Bases $2.3 $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 21: 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 22: Detection Technologies
Detection Technologies DroneShield uses multi-sensor drone detection for optimal results, unaffected by time of day or weather. It offers its own manufactured sensors, as well as being interoperable with third party solutions Radio Frequency Radar* Cameras* Acoustic* Imagery Overview ● Foundational
Slide 23: Defeat Technologies
Defeat Technologies DroneShield uses smart jamming which has advantages over other technologies, as well as being interoperable third party technologies as part of its DroneSentry-C2 command-and-control software DroneShield DroneShield is able to offer A Defence Prime area, such as Traditionally a D
Slide 24: U.S. Law Enforcement C-UAS Market Assessment
U.S. Law Enforcement C-UAS Market Assessment “Safer Skies” provides state and local law enforcement with the legal pathway to counter drones, offering the potential to be a major driver of products such as RfPatrol, DroneGun and DroneSentry-X based on their design and pricing What is the Act? ● The
Slide 25: Will our technology continue to work against drones?
Will our technology continue to work against drones? A large and agile team, combining counter-drone technology, expertise, relationships and reputation RF to remain ● DroneShield believes that radiofrequency will remain the core sensor and effector mechanism as the drones evolve* core drone ● Non-R
Slide 26: 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 (radar, acoustic, fibre-optic camera