Slide 1: FY18 Investor Presentation
CLOUD SECURITY TECHNOLOGY FY18 INVESTOR PRESENTATION August 2018 OUR VISION Is to be the world’s most adaptive and comprehensive cloud cyber-sei
Slide 2: Key Strategic Highlights
Key Strategic Highlights $10.1 million in capital raised Public cloud security platform launched — Sydney, Singapore, North America APAC business development team in market Distribution and reseller agreements signed — First orders/revenue Q4 FY18 Software original equipment manufacturer (OEM) devel
Slide 3: Strategy Execution
Strategy Execution 1% market share of $13.8 billion industry by 2023 Revenue $7.8m FY18 Audited Financial Results “Enable” FY18 EBITDA ($6.3)m Cash Balance $5.8m Invested capital to date $25m Revenue $50m Target three year plan “Expand" FY19 — FY21 EBITDA Margin "20% Cash Requirement $15m Invested c
Slide 4: "Enable" Phase — FY18
“Enable” Phase — FY18 Solidifying the foundation 4. Agreement With Ingram Micro 2. Established Singapore Entity 3. Opened Global Delivery Centre In India a 1. Established North American Entity David Kirton 2. First Orders Received Appointed CEO And Launch Public Cloud : On Public Cloud Security Reaf
Slide 5: FY18 Financial Performance
FY18 Financial Performance Phase 1 “Enable” ** 33% increase in recurring revenue, decline in REvENMS Ahi nonrecurring revenue from $0.8m to $0.3m Gross margin 43 4.0 0.3 8% “* 8% increase in gross margin driven by incremental Next Generation Firewall volumes Operating cost 11.2 8.0 3.3 41% * Increas
Slide 6: FY18 EBITDA Bridge
FY18 EBITDA Bridge Improvement in domestic business and investment in international expansion a G5) FY17 EBITDA — my FIRSTWAVE o7 DOMESTIC (2.4) INTERNATIONAL, (1.4) CORPORATE (6.3) FY18 EBITDA Comments Domestic Business: 21% increase in revenue and 68% EBITDA improvement International: $2.1m invest
Slide 7: Right Market At The Right Time
Right Market At The Right Time Cyber crime is exploding across the globe 43% 300% 1in 131 230,000 increase in cyber attacks increase in ransomware emails now new malware samples aimed at SMBs* attacks daily to 4000*** contain malware* produced every day** 3,947% $3,000,000,000 a increase in data bre
Slide 8: World Leading Cloud Platform
World Leading Cloud Platform Advanced security management in a multi-cloud world Email Security Firewall Web Security ma @ FirstWave Content Security Cloud Platform Y QO een Ck we ® dH CES : Scales to manage Rapid Joins Spin up products Single control and Built to add millions o leployments _ multip
Slide 9: Going To Market Through Six Channels
ff FIRSTWAVE Going To Market Through Six Channels Tier 1 Telco’s Regional System Integrators Australia — 1 delivered, 1 in pipeline (e e) APJ — MindFlow, Kronicles and APJ -3 in pipeline . =A Soflogic delivered, 1 in pipeline EMEA - 3 in pipeline NA - 2 in pipeline Cloud Service Providers A Interact
Slide 10: "Expand" FY19 Milestones
“Expand” FY19 Milestones Invest and “Scale” our product offering and development teams, adding additional features, functions and virtualised security appliances to our Cloud Cyber Security Product Growth Platform & Invest in the establishment of an additional business development team to cover WY E
Slide 11: "Expand" FY19 - FY21 Ambitions
“Expand” FY19 - FY21 Ambitions FirstWave Cloud Content Secure Gateway Orchestration Platform deployed in leading Co? Service Provider, Enterprise and Government organisations globally FirstWave Platform as a Service offering deployed through leading cloud platform Product Integration providers globa
Slide 12: Disclaimer
Disclaimer ‘Summary information This Presentation contains summary information about FirstWave and its activities current as at 31 August 2018, unless otherwise stated. The information in this Presentation does not purport to be complete. It should be read in conjunction with the FirstWave's other p