AVA RISK GROUP LIMITED — AGM Information 2015

Nov 11, 2015

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Future Fibre Technologies Ltd 10 Hartnett Close, Mulgrave Victoria 3170, Australia www.fftsecurity.com ABN 67 064 089 318 P +61 3 9590 3100

2015 Annual General Meeting Thursday, 12 November 2015 CHAIRMAN’S ADDRESS – Ms Arlene Tansey

Good morning ladies and gentlemen, I would like to welcome you to Future Fibre Technologies first AGM as a publically listed company. My name is Arlene Tansey and I am the Chairman of your company, FFT.

Over the last decade, FFT has established a solid reputation for delivering highly intelligent intrusion detection solutions. The company has invested heavily in intellectual property and is proud to protect some of the most security conscious industrial, military and government assets in the world. We have supplied over 1,000 sophisticated security systems operating in 57 different countries.

Following FFT’s listing on the Australian Securities Exchange in May of this year, we have continued to pursue our growth strategy. This, includes:

• Building on our strong market position in fence-mounted and perimeter security;

• Driving sales in pipeline security; and

• Ramping up our presence in physical data network security where demand is forecast to grow significantly.

These efforts will further leverage the technology investment your company has made to date, giving us scale in large and attractive markets.

Our systems are reliable, low maintenance and extremely accurate – delivering high probability of detection and a low “nuisance” alarm rate. As a result we are taking market share from incumbent operators in the security sector.

During the year, we were proud to onboard new customers and also expand our business with existing customers. A good example during the 2015 financial year was the New York Power Authority where FFT products protect the customers power generation assets, transformers and substations.

The opportunity in the United States is significant when it comes to protecting critical infrastructure. A study by the Federal Energy Regulatory Commission recently concluded that if saboteurs knocked out just nine of the country’s electric-transmission substations on a scorching summer day, the US could suffer a coast-to-coast blackout.

In 2014, in response to an attack on its Metcalf substation, PG&E, the largest utility in California, announced that it would be investing approximately $100 million over three years to improve substation security.

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Since partnering with the New York Power Authority, FFT has seen a rapid increase in the rate of project enquiries relating to US government-mandated critical infrastructure protection. I am pleased to announce today that FFT has been selected by another US power utility, for a roll out of our Secure Point product to six sites during the 2016 financial year.

FFT’s products have a number of unique advantages when compared to traditional security sensors.

Our products are sought after by clients in sectors including military, government, chemical, oil & gas, mining, transportation, correctional facilities, border control, and as you heard above, the utility sector.

These are all large market segments with growing security needs. With the recent release of our distribution ready Secure Point product for small sites, FFT is also moving into the commercial & residential security market by leveraging the capabilities of national distributors.

We were pleased to deliver our shareholders a positive result for the financial year ended 30 June 2015 – exceeding prospectus forecasts.

Your Board and Management remain focused on delivering strong financial performance into the future.

We are focused on:

• Expanding global sales and support resources;

• Growing sales and distribution;

• Ongoing product development and enhancement;

• Exploiting adjacent market opportunities; and

• Exploring potential acquisitions to support future growth.

In what has been a significant year for the company, I would like to take this opportunity to thank my fellow directors, CEO Rob Broomfield and his management team, and all FFT’s employees for their commitment and hard work and for making FY15 such a success.

Finally, I would also like to acknowledge our shareholders and customers for their continuing loyalty and support.

I will now hand over to our CEO, Rob Broomfield to address the meeting.

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