Slide 1: Investor Presentation FY2019 Update
For personeusesonly SZa, FIRSTWAVE CLOUD SECURITY TECHNOLOGY INVESTOR » PRESENTATION FY2019 - Update ." “Our vision is a world where comprehensive, simple to obtain and manage, right do our mission is building the platforms that ena to deliver this vision to benefit al David Kirton, CEO
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Slide 3: Our market is still exploding
1in 131 Ou rma rket IS sti Il explod I ng emails now contain malware* e. ™ ons _ US$3 billion+ Cybercrime cost to business from email phishing attack over past 3 years** is'exploding . US$§2 trilliont across the globe \\_ cybercrime cost to business by 2019*** \ a & US$10 billion+ Cybersecurity | Fi
Slide 4: Customer workloads are migrating to cloud/multi-cloud
Customer’s workloads are migrating to cloud/multi-cloud < ; 56% Oo Managed cloud security @ adoption growing 54% 2) 52% =) Customer cloud demand = growing across business 50% © segments Cc 48% ‘e) Cloud migration driving 46% W customer churn at cyber @ security service providers 44% 42% S Explosion
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Slide 6: Every business wants easy access to enterprise-quality cyber-security
For personal use only We believe every business wants easy access to enterprise-quality, cyber-security solutions that are simple and powerful, providing comprehensive protection for every facet of their electronic presence
Slide 7: Our investment thesis
Our investment thesis a S :. te The market for cyber-security technology and services will increasingly expand Managing the technology involved in protecting all facets of businesses’ electronic presence will become unsustainable and largely outsourced to Security Service Providers The complexity of
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Slide 9: Strategic priorities
For personal use only • Scale technology and operations in chosen markets. • Continue to enter new markets. • Invest in FirstWave’s culture of • Stay lean. innovation. • Deliver shareholder return on • Maturing DevOps capabilities. investment. • Adding support for new virtual • Roll out FirstWave’s
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Slide 11: FCT's global market opportunity doubled in months
FCT’s global market opportunity doubled in 6 months Top Global Security Vendors (GSV) accredited F2RTINET. maces atfucnfae Increased access to thousands of MSSPs She §2S1WAVE Cloud Content Security Platform with millions of customers r/o MSSP security product 4 f catalogue now global \ . NrrpaTs SIR
Slide 12: Cisco OEM agreement in full flight
Cisco OEM agreement in full flight v H1 FY2019 Q3/Q4 FY2019 FY2019-21
Slide 13: H1 FY2019 financial performance
H1 FY2019 financial performance Continued investment, while maintaining >10% recurring revenue growth PCP “* Growth of revenue: 4.1% increase with an v9 evig Var $ va % increase in recurring revenue of 10% offset by decline in one-off revenue Revenue 4% ** Operating costs: Increases related to expan
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Slide 15: FY2021 targeted exit revenue on track
FY2021 targeted exit revenue on track GSV and GSI market access - Provides the capacity to achieve three-year target. First revenues expected from all regions by June 2019 - Asia, North America, Europe, Africa v Europe — Driven by NTT Data UK and Cisco OEM licensing agreement A A$10M S15 Estimate 3-
Slide 16: A closer look at our platform provides significant future upside
A closer look at our platform provides significant future upside Qur adaptive one touch cloud cyber-security platform purpose built for a multi-cloud world amazon Private Data Centres Cloud Content Security Platform T / eeQ> © SB GR ! Scales to manage Rapid Joins Spin up products _ Single control an
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Roger Carvosso For personal use only Sam Saba Chairman Senior executive with over 20 years of experience in leading large multinational companies Gai Stephens General Counsel General counsel and company secretary with over 20 years of experience
Slide 18: Thank you
THANK YOU David Kirton (e=0) david.kirton@firstwavecloud.com 02 9409 7000 13 A
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Slide 20: Disclaimer
Disclaimer ‘Summary information This Presentation contains summary information about FirstWave and its activities current as at 13 March 2019, unless otherwise stated. The information in this Presentation does not purport to be complete. It should be read in conjunction with FirstWave's other period