Slide 1: AI-Enabled Platforms for Protection against Advanced Threats
For personal use only AI-Enabled Platforms for Protection against Advanced Threats AGM Presentation (ASX:DRO) 26 April 2022 www.droneshield.com Image: DroneGun MKIIITM C-UAS device 1
Slide 2: 2021 Key Achievements
2021 Key Achievements 2021 has been a major step forward for DroneShield, despite the COVID pandemic challenges For personal use only Another all-time record year for revenues and cash receipts Expanded past counterdrone into two AI-powered adjacent areas of Electronic Warfare and Computer visio
Slide 3: Investment Highlights
Investment Highlights For personal use only World leading Leverage to the global defence Sales pipeline of $155m for proprietary AI platform and security technology sector. 2022 and $170m for 2023 for protection against $10bn counterdrone drones addressable market, in addition to electronic warfare
Slide 4: Continued Rapid Growth (A$m, Dec YE)
Continued Rapid Growth (A$m, Dec YE) Rapidly improving financials, as the business stands at an inflection point into 2022 For personal use only Strong Revenue Growth Rapid Cash Receipt Growth 10.6 89% growth 14.8 32% growth vs Q1 2021 5.6 3.3 5.4 3.7 2.5 1.0 1.8 1.9 2018 2019 2020 2021 2018 2019 20
Slide 5: Diversified and Mature 2022 Pipeline
Diversified and Mature 2022 Pipeline Multiple projects at each development stage improve predictability of cashflows For personal use only 6-18 months from lead to sale, but can be much shorter for repeat orders Credible Lead Confirmed Scope Firm Bid Submitted DroneShield Receipts 2022 Shortlisted P
Slide 6: Counterdrone: Multi-Billion Dollar Market by 2024
Counterdrone: Multi-Billion Dollar Market by 2024 Rapidly improving and easily available drone technology is driving demand for counterdrone solutions For personal use only Sources: MarchWatch: https://www.marketwatch.com/press-release/counter-uas-market-size-share-growth-business-scenario-insights-
Slide 7: US$10bn Total Addressable Market
US$10bn Total Addressable Market For personal use only Sources: https://www.droneshield.com/counterdrone-market 7 www.droneshield.com
Slide 8: AI Generally: US$58bn in 2021, US$310bn in 2026
AI Generally: US$58bn in 2021, US$310bn in 2026 AI in Military: US$6bn in 2020, US$12bn in 2025 2021 has seen a major step forward for DroneShield, despite the COVID pandemic challenges For personal use only A new high-tech area, substantially open to disruption by smaller companies like DroneShie
Slide 9: DroneShield Capability Overview
DroneShield Capability Overview Rapidly evolving capabilities in response to customer requirements For personal use only Hardware with Embedded Software and Associated Services Subscription and R&D Based Software Dismounted & Body-Worn Counterdrone Solutions Electronic Warfare and Signals Intelligen
Slide 10: DroneShield AI Software Sees Through Noise – Radiofrequency Spectrum
DroneShield AI Software Sees Through Noise – Radiofrequency Spectrum World leading proprietary RF AI platform for protection against advanced threats, such as drones For personal use only • Drones operate in arguably the densest parts of the Radio Frequency (“RF”) Spectrum with “noise” coming from a
Slide 11: DroneOptID AI Software – Optical and Thermal Spectrum Counterdrone Surveillance
DroneOptID AI Software – Optical and Thermal Spectrum Counterdrone Surveillance DroneShield’s DroneOptIDTM AI engine detects and tracks complex threats such as drones in cluttered environments For personal use only • Drones are small, fast-moving objects, hard to detect with naked eye more than 50m
Slide 12: Artificial Intelligence in Electronic Warfare
Artificial Intelligence in Electronic Warfare DroneShield is favourably exposed to the fast-growing Electronic Warfare business segment For personal use only • Electronic warfare (EW) is any action involving the use of the electromagnetic spectrum (EM spectrum) or directed energy to control the spec
Slide 13: Technology Roadmap – SaaS, underpinned by owned large datasets and AI algorithms
Technology Roadmap – SaaS, unpinned by owned large datasets and AI algorithms Expanding on the current work with Australian DoD, DroneShield’s offering will increasingly become For personal use only hardware-agnostic hardware for detecting, identifying and tracking threats through noise Ability to
Slide 14: DroneShield's competitive counterdrone advantage?
DroneShield’s competitive counterdrone advantage? C-UAS market pioneer, with a culture of systematic innovation and understanding of channels to market For personal use only Market leading, differentiated technology… …across multiple platforms… Multi-sensor detection, ID and tracking Body-worn B
Slide 15: 2022 Key Priorities
2022 Key Priorities For personal use only Multiple large ($5m+) contracts across multiple countries and customers Another order of magnitude year of increase in customer cash receipts Winning contracts adjacent to current core capability, within Artificial Intelligence domains – such as Command-and-
Slide 16: Contact details
Contact details For personal use only Email: info@droneshield.com Sydney, NSW (Headquarters) Level 5, 126 Phillip St Sydney, NSW 2000 Australia Phone: +61 2 9995 7280 Warrenton, Virginia 7140-B Farm Station Rd, Warrenton, VA 20187 USA Phone: +1 (540) 215-8383 16 www.droneshield.com 16
Slide 17: Resolution 1: Adoption of Remuneration Report
RESOLUTION 1: Adoption of Remuneration Report For personal use only Resolution 1 is as follows: To consider and, if thought fit, to pass, with or without amendment, Resolution 1, Adoption of the Remuneration Report, as a non-binding resolution. That, for the purpose of section 250R(2) of the Corpo
Slide 18: Resolution 2: Re-election of Jethro Marks as Director
RESOLUTION 2: Re-election of Jethro Marks as Director For personal use only Resolution 2 is as follows: To consider and, if thought fit, to pass, with or without amendment, Resolution 2, Re-election of Jethro Marks as Director, as an ordinary resolution. That Jethro Marks, a Director who retires b
Slide 19: Resolution 3: ASX Listing Rule 7.1A Approval of Future Issue of Securities
RESOLUTION 3: ASX Listing Rule 7.1A Approval of Future Issue of Securities For personal use only Resolution 3 is as follows: To consider and, if thought fit, to pass, with or without amendment, Resolution 3, ASX Listing Rule 7.1A Approval of Future Issue of Securities, as a special resolution. Tha
Slide 20: Resolution 4: Approval to Issue Performance Options to Peter James
RESOLUTION 4: Approval to Issue Performance Options to Peter James, Non-Executive Chairman of the Company For personal use only Resolution 4 is as follows: To consider and, if thought fit, to pass, with or without amendment, Resolution 4, Approval of Issue of Performance Options to Peter James, No
Slide 21: Resolution 5: Approval of Issue of Performance Options to Jethro Marks
RESOLUTION 5: Approval of Issue of Performance Options to Jethro Marks, Non-Executive Director of the Company For personal use only Resolution 5 is as follows: To consider and, if thought fit, to pass, with or without amendment, Resolution 5, Approval of Issue of Performance Options to Jethro Mark
Slide 22: Resolution 6: Approval of Issue of Performance Options to Oleg Vornik
RESOLUTION 6: Approval of Issue of Performance Options to Oleg Vornik, Managing Director of the Company For personal use only Resolution 6 is as follows: To consider and, if thought fit, to pass, with or without amendment, Resolution 6, Approval of Issue of Performance Options to Oleg Vornik, Mana
Slide 23: Resolution 7: Re-adoption of Incentive Option Plan
RESOLUTION 7: Re-adoption of Incentive Option Plan For personal use only Resolution 7 is as follows: To consider and, if thought fit, to pass, with or without amendment, Resolution 7, Re-adoption of Incentive Option Plan, as an ordinary resolution. That, for the purposes of ASX Listing Rule 7.2 (e
Slide 24: Resolution 8: Amendments to the Constitution
RESOLUTION 8: Amendments to the Constitution For personal use only Resolution 8 is as follows: To consider and, if thought fit, to pass, with or without amendment, Resolution 8, Amendments to the Constitution, as a special resolution. That, for the purposes of Section 136 of the Corporations Act a