Slide 1: FY2026 Committed Revenue Update & Investor Presentation (ASX Announcement)
15 October 2026 ASX Announcement FY2026 Committed Revenue Update & Investor Presentation For personal use only DroneShield Limited (ASX:DRO) (DroneShield or the Company) is pleased to provide an investor presentation to be used at upcoming investor meetings and conferences. The includes an update on
Slide 2: Investor Presentation: Leading the world in intelligent counter-drone technology
rsonal use only Investor Presentation ASX:DRO | October 2026 Leading the world in intelligent counter-drone technology 1
Slide 3: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation has been prepared by DroneShield Limited ACN 608 915 859 ("DroneShield" or Non-IFRS financial information "Company"). This presentation contains summary information about DroneShield and its Information in this presentation includes Non-IFRS measure
Slide 4: Contents
OCTOBER INVESTOR PRESENTATION Contents rsonal use only 1 2 3 DroneShield Update Counter-Drone Update DroneShield Solutions 4 5 2026 Highlights Appendix 3
Slide 5: DroneShield Update
rsonal use only 01 DroneShield Update Leading the world in intelligent counter-drone technology 4
Slide 6: 2026 Scorecard: Foundations Reset. Platform Built. Ready for Scale
2026 SCORECARD Foundations Reset. Platform Built. Ready for Scale rsonal use only Revenue Product Operations Committed Revenue: $261M1 AI-powered, software-enabled Scaled for growth ▪ Within FY2026 outlook $250M to $270M2 ▪ Initial launch of next-gen solutions ▪ New 3,000 sqm facility in Australia ▪
Slide 7: Committed Revenue at Mid-Point of FY2026 Range
COMMITTED REVENUE Committed Revenue at Mid-Point of FY2026 Range Committed Revenue of $261M, up 35% on PCP, with an implied an average weekly revenue of $5M rsonal use only ▪ Committed Revenue1 demonstrates revenue 300 FY2026 Committed Revenue ($M) outlook with confirmed orders converted progressive
Slide 8: Counter-Drone Update
rsonal use only 02 Counter-Drone Update Leading the world in intelligent counter-drone technology 7
Slide 9: The Age of Counter-Drone is Here
MARKET CONTEXT The Age of Counter-Drone is Here Counter-drone has moved from niche capability in select military theatres to a core spend across environments rsonal use only The Doctrine has The Market is The Budgets are Shifted Expanding Structural Counter-drone is not static. Rapid Beyond the batt
Slide 10: Over a Decade of Investing Ahead of the Curve
COUNTER-DRONE EVOLUTION Over a Decade of Investing Ahead of the Curve DroneShield has developed its capability ahead of emerging requirements, evolving to the complex challenges in the drone threat, customer needs and counter-drone market rsonal use only 2014-2019 2020-2026 2027-2032 01 Category Eme
Slide 11: Unlocking of the Gates for Growth
GROWTH ENABLERS Unlocking of the Gates for Growth As the gates for counter-drone growth are unlocked, DroneShield has matching capabilities to execute rsonal use only 1. Demand 2. Funding 3. Regulatory 4. Technical 5. Capacity Edge ▪ Undeniable, unrelenting ▪ Now core to global ▪ Spectrum and jammin
Slide 12: A Decade of Innovation. A Decade of Growth
CONTINUOUS GROWTH A Decade of Innovation. A Decade of Growth DroneShield has translated sustained product investment into 10 years of consecutive revenue growth, with the release of its next generation of solutions already underway rsonal use only $250 $200 $150 $100 $50 $0 FY2016 FY2017 FY2018 FY20
Slide 13: JIATF-401 Validation and US$500M IDIQ Ceiling
PRODUCT VALIDATION JIATF-401 Validation and US$500M IDIQ Ceiling Operational validation and enhanced procurement access strengthen DroneShield's position in the U.S. counter-drone market rsonal use only ▪ JIATF-401 is the U.S. Department of War's primary organisation focused Contract to Capability i
Slide 14: DroneShield Solutions
rsonal use only 03 DroneShield Solutions Leading the world in intelligent counter-drone technology 13
Slide 15: Proprietary Core Solutions. Modular by Design
TECHNOLOGY PORTFOLIO Proprietary Core Solutions. Modular by Design DroneShield’s solutions are supported with open interoperable architecture for multi-layered deployment RF Detection RF Defeat rsonal use only NEW GEN DroneShield Solutions DroneSentry-X Mk2 DroneSentry-X Mk2 RfRecon RfPatrol Mk2 (De
Slide 16: Initial Next Generation Solutions are in Market
NEXT-GENERATION SOLUTIONS Initial Next Generation Solutions are in Market RfAI-3 and RfRecon are the starting point of a full product roadmap in DroneShield’s next-generation solutions in 2027 rsonal use only RfAI-3 Platform RfRecon Production and Next-Generation Unveiled Launched Revenue Roadmap 3r
Slide 17: Converting Shipments to Subscriptions
MISSION READY SERVICES Converting Shipments to Subscriptions Launched 1 October, Mission Ready Services is an updated offering of software updates, eLearning and specialist support delivered through a recurring subscription rsonal use only 4,200 Software-Enabled Devices ▪ Currently under a subscript
Slide 18: Multi-Layered Solutions in Effect
ILLUSTRATIVE ECOSYSTEM Multi-Layered Solutions in Effect We work with end-users to define their counter-drone requirements and deliver interoperable, multi-layered solutions tailored to their environment rsonal use only Example configuration. Diagram not to scale. DD: Detect & Defeat 17
Slide 19: Our Moat: Fielded Systems, Data, Trust and R&D
COMPETITIVE POSITIONING Our Moat: Fielded Systems, Data, Trust and R&D Fielded Data and Trusted Research & rsonal use only Experience Software Markets Development Thousands of deployments Over a decade of real-world Five Eyes and NATO-aligned Engrained in DroneShield’s create operational experience
Slide 20: 2026 Highlights
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Slide 21: 1H 2026 Revenue Contribution
REVENUE DIVERSIFICATION 1H 2026 Revenue Contribution Continued focus on geographic revenue diversification, with advances in recurring subscription and non-military revenue sources rsonal use only By Region By Type By Segment Warranties Asia-Pacific & Services On the Move & Fixed Site 4% 9% Non-Mili
Slide 22: Gross Margin Initiatives
GROSS MARGIN Gross Margin Initiatives There are initiatives in place to strengthen gross margin of DroneShield’s solutions. There is also evidence that multi-layered C-UAS solutions require interoperable third-party products rsonal use only DroneShield Solutions 70% 73% 72% 8% 71% 8% ▪ Higher price
Slide 23: Renewed Board. Renewed Leadership. Uplifted Policies
GOVERNANCE & PERSONNEL Renewed Board. Renewed Leadership. Uplifted Policies An important 6-month period in renewing, focusing and elevating ahead of the next phase of growth rsonal use only Leadership and Board People and Systems Standards and Policies Head Office ▪ Executive Leadership: Angus Bean
Slide 24: Priorities for Balance of 2026 and Entering 2027
NEAR TERM PRIORITIES Priorities for Balance of 2026 and Entering 2027 rsonal use only On-track with FY2026 Committed Revenue within outlook range 1 Deliver 2026 and build 2027 revenues Building FY2027 Committed Revenue Launched RfRecon and Mission Ready Services 2 Strengthen gross margin Growth in F
Slide 25: DroneShield Thesis
WHY DRONESHIELD DroneShield Thesis rsonal use only Counter-drone now core, multi-year funded Structural Demand defence spend across NATO and allied markets $261M FY2026 Committed Revenue at midpoint of FY2026 Committed Revenue revenue guidance of $250M-$270M, and now building into FY2027 RfAI-3 inte
Slide 26: Appendix: Offices
rsonal use only 05 Appendix Australia Registered Office U.S. Office European Office DroneShield Limited DroneShield LLC DroneShield B.V. Level 5, 126 Phillip St 7140-B Farm Station Rd Herengracht 420 Sydney NSW 2000 Warrenton, VA 20187, USA 1017BZ Amsterdam, Netherlands 25
Slide 27: Multi-Layered Counter-Drone Ecosystem
APPENDIX: COUNTER-DRONE LAYERS Multi-Layered Counter-Drone Ecosystem Counter-drone is a system designed around the end-user, the area of operation and the threat “There is no silver bullet to protect against drones”1 rsonal use only DroneShield Solutions LAYER EW - RF Detect & Defeat DroneShield use
Slide 28: FIFA World Cup 2026 – Kansas City
APPENDIX: CASE STUDY FIFA World Cup 2026TM – Kansas City DroneShield’s mission: Support public safety and airspace security operations during the FIFA World Cup 2026 in Kansas City rsonal use only ▪ Seven multi-site drone detection deployments, providing persistent airspace awareness ▪ Layered sensi
Slide 29: 1H 2026 Financial Highlights
APPENDIX: FINANCIAL HIGHLIGHTS 1H 2026 Financial Highlights Delivered headline growth with continued investment in next generation product, people and processes rsonal use only 1H 2026 1H 2025 PCP change Commentary ▪ Strong top line growth via expanding and repeating orders Revenue $125.8M $72.3M
Slide 30: Governments: Unlocking Funding and Regulations
APPENDIX: COUNTER-DRONE THEMATICS Governments: Unlocking Funding and Regulations Worldwide acknowledgement of the drone threat has been met with governments unlocking significant funding and regulations rsonal use only United States Europe & UK ▪ 2027 budget request: US$21B ▪ NATO commitment for US$
Slide 31: Commercial: The Imperative Beyond the Battlefield
APPENDIX: COUNTER-DRONE THEMATICS Commercial: The Imperative Beyond the Battlefield Escalating and recurring incidents across public safety, critical infrastructure and commercial settings rsonal use only Commercial Drone Threats 100+ Airport drone reports every month in the U.S. 3,000+ Drone incide
Slide 32: Glossary of Terms
APPENDIX: GLOSSARY Glossary of Terms Key acronyms used in the drone and counter-drone ecosystem rsonal use only BVLOS Beyond Visual Line of Sight IRK Immediate Response Kit C2 Command-and-Control (software and interface) ITAR International Traffic in Arms Regulations (U.S.) C-UAS Counter Unmanned Ae