WHITEHAWK LIMITED — AGM Information 2019

May 7, 2019

M A Y 2 0 1 9

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WhiteHawk Online Cybersecurity Exchange

2019 Annual General Meeting

© 2019 WhiteHawk CEC, Inc.

www.whitehawk.com

DISRUPTING THE B2B CYBER SECURITY MARKET

SAFE HARBOUR STATEMENT

This information is given in summary form and does not purport to be complete. Information in this presentation, including financial information, should not be considered as a financial projection, advice or a recommendation to any particular or potential investors in relation to subscribing for securities in WhiteHawk. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. All securities involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to our businesses and operations, market conditions, revenues, market penetration, and results of operations. Readers are cautioned not to place undue reliance on these forward looking statements. WhiteHawk does not undertake any obligation to publicly release the result of any revisions to these forward looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forward looking information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside WhiteHawk's control. Unless otherwise specified all information is stated as at 3 May 2019

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WhiteHawk

Founded 2015: First online SMB Cybersecurity Exchange

• Product Lines and Business Model

• Corporate Snapshot (ASX:WHK)

• Overview: Financial Highlights and Outlook

• Market: Cyber Security Risk Market Trends and Responses

• Sales Channels

• Product and Services Overview

• CyberPath Decision Engine

• Online Cyber Exchange (Market Place)

• Small Medium Business – Cyber Analysts

• Large Enterprises - 360 Cyber Risk Framework + BitSight Ratings

• EZ Shield

• Cyber Liability Insurance Partnership

• Driving Awareness: PR

• The Team

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How Do You Keep Up with Cybersecurity Solutions?

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Products and Business Model

Founded 2015: First online SMB Cybersecurity Exchange

PRODUCT LINES

• AI Cyber Risk Profile (CyberPath)

• Online Cyber Risk Rating (BitSight)

• 360 Cyber Risk Framework for Supplier & Vendor Companies

• Foundational, Cost Effective & Scalable Cyber Risk Services for Financial & Insurance Sector SMB Customers (EZ Shield)

BUSINESS MODEL

• Identify, Prioritize, & Mitigate Cyber Risks Leveraging AI & Open Data

• Partner with Best of Breed; Commercial Technologies & SaaS Services

• Product/Vendor Agnostic; Continuously vet innovation

• Vendor Partners market for free & pay 10% - 20% to WH at the time of each sale

• 360 Cyber Risk Frameworks are annual subscriptions starting at US$150K

• SME Customer Cyber Risk online Services start at US$950 a year

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Corporate Snapshot

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ASX Ticker Shares on issue Last share price WHK 126.78 m[1] $0.11 Undiluted Market cap Net Cash Listing Date A$13.95m ~ A$1.5 m 24 Jan 2018 as of 31 March 2019 Including receivables

Top 5 Shareholders	% Shares
	Outstanding
Darren Carter	13.97%
RiverFort Global Opportunities PCC Ltd	10.65%
Vantage House Limited	5.87%
Terry Roberts	4.51%
ABN AMRO Nominees	4.22%
Top 5 Shareholders	39.22%
Top 20 Shareholders	61.20%
Directors and Associates	5.3%

All figures are as of 03/05/2019 unless otherwise noted 1Tradable shares: 113,405,979; Escrowed shares: 13,374,751

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Overview: Financial Highlights

DISRUPTING THE B2B CYBER SECURITY MARKET

• Contracted revenue for calendar year 2019 currently at US$1.7m (~AU$2.4 million)

• Strong pipeline of opportunities across currently operating revenue streams

Current cash balance as of 31/03/19 is US$650k with a financing receivable of approx. A$640k (combined A$1.5m)

• Primary use is to fund operations while driving online and advisory sales and expanding pipeline.

• No Debt after US$250,000 debt was repaid post year end.

• Sales channels and marketing strategy driving increased online sales

• Each 360 Cyber Risk Framework sale (US$150K to US$2M) drives online sales and advisory contracts

• EZShield Partnership to service Financial Institution SMB Customers (5,000 to 400,000 SME’s with each contract - US$3.2M to US$21.6M)

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Second U.S. Government Contract May 1:

WhiteHawk selected as a cyber sub-contractor by the prime contractor on a newly awarded USD $2 Billion Contract for a US Federal Government Department

• WhiteHawk's sub-contract length is 5 years (1 year with 4 option years)

• Delivery specifications are actively being scoped with the respective prime contractor and the respective U.S. Federal Government Department

• First year revenue to WhiteHawk is expected to be between USD $300K to $600K, and is expected to grow to between USD $1M to $3M per year in subsequent years

• Work by WhiteHawk has now commenced under this contract

Formal announcements of the specific governmental department and prime contractors are forthcoming pending customer approval

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DISRUPTING THE B2B CYBER SECURITY MARKET

Third U.S. Government Contract May 3:

WhiteHawk selected as a cyber sub-contractor by the prime contractor on a newly awarded USD $27M Prime Contract for a US Federal Government Department

• WhiteHawk's sub-contract length is 7 years (1 year with 6 option years)

• Delivery specifications are actively being scoped with the respective prime contractor and the respective U.S. Federal Government Department

• Work by WhiteHawk will commence in June 2019. Expected additional annual revenue to WhiteHawk of US$250-300k

• Formal announcements of the specific governmental department and prime contractors are forthcoming pending customer approval

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Overview: Revenue by Quarter

Growing Revenues

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Revenue by Quarter
$300,000
$250,100
$250,000
$170,140
$200,000 $163,798
$150,000
$95,864
$76,728
$100,000
$50,000
$0
1st Qtr 2018 2nd Qtr 2018 3rd Qtr 2018 4th Qtr 2018 1st Qtr 2019
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DISRUPTING THE B2B CYBER SECURITY MARKET

Overview: Outlook

Continued sales of 360 Cyber Risk Frameworks to all key regulated US Sectors: US Federal Contractors, US Government, US Financial and Manufacturers (3 Sold, 6 ongoing 2019 open proposals).

Strategic partnership with top U.S. Financial Fraud, Identity Theft & Mobile Defense company, EZShield, an integrated subscription SME offering – via combined sales channels. Fast tracks and scales SME business.

Cybercrime Support Network Fraudsupport.org website became initially active with WhiteHawk referral connection end of 2018, revenue results by end of 2019.

Online platform benchmarks; updated website, AI Tool, customer maturity model & EZShield integration.

Monthly operating cost reductions from completion of Online Decision Engine and Cyber Exchange Platform

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Cybercrime & Fraud Trends

Cybersecurity remains a major concern and a great business opportunity

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Source-attributio n:

• 9 out of 10 Australian businesses were breached1 in past year

  • 9 out of 10 also plan to increase spending on cyber defense

• Financial gain and espionage continue to lead cybercriminal motives2

• 3

• Drivers of Change

  • Asia online, tech giants, and international power conflict

• Cybercrime damage will cost businesses across the globe over USD $6 trillion4 by 2021

• 1 “First Australian threat report from cyber security firm Carbon Black”. CSO (April 1, 2019)

• 2 ”Data Breach Investigations Report”. Verizon (2018)

• 3 “Australia’s Cybersecurity Futures”. Australian Strategic Policy Institute. (Dec 13 2018)

• 4 “The 2019 Official Annual Cybercrime Report”. Herjavec Group. (2019)

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Cyber Risk Responses

Cybersecurity remains a major concern and a great business opportunity

Government and Business

• 1

• U.S. Government funding for cybersecurity increasing faster than expected

• 2

• Worldwide Info Security spending will exceed USD $124 billion in 2019 – Key drivers of spending growth: building detection and response capabilities, privacy regulations, addressing digital business risks

• • 3 Australia implementing Cyber Security Strategy

• Partnerships, stronger defenses, global perspectives, innovation, sprint teams3

• 5

• Cyber criminals are focusing more on applications and people , where fewer security measures are in place

Source-attributio n:

• 1 FY 2020 Cyber Budget Request Grows—But Lacks Details”. Bloomberg Government (April 3, 2019)

• 2 ”Press Release”. Gartner (August 15, 2018)

• 3 “What is the Government doing in Cyber Security”. Australian Government (Date Unknown)

• 4 “Australia is Setting up New Secret ‘Sprint Teams’ to Deal with Hackers”. Business Insider. (April 2, 2019)

• 5 “”Cybersecurity: A Major Concern and a Great Business Opportunity”. Forbes (September 5, 2018)

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Sales Channels: Mapped to Market Research

TYPICALLY SME’S WILL ONLY PUT FIT FOR PURPOSE CYBERSECURITY PRACTICES AND SOLUTIONS IN PLACE (EVEN IF THEY ARE REGULATED) WHEN:

They experience a cybercrime or fraud event:

WHK Service Partnership with Cybercrime Support Network at fraudsupport.org (US$1000 to US$10,000 average)

They have a contract in place and are part of a Supply Chain or Vendor Risk Program with a large government or industry partner:

WHK 360 Cyber Risk Framework (for Supply Chain or Vendor Companies of large Corporations or Government Departments - US$250K to US$2M average)

They are otherwise enabled and it is affordable and easy:

WHK Partnership with EZShield to provide Financial Institution SME Customers foundational Cyber Fraud, Identity Theft, Mobile Security and Risk Profile online services (US$1,300 to US$17,280).

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WhiteHawk Products & Services Overview

The assurance you need at a price you can afford

WWW.WHITEHAWK.COM – THE FIRST ONLINE CYBER EXCHANGE PLATFORM

• WhiteHawk Customer Journey – Know & Mitigate Your Cyber Risk

• :

• Industry Context Understand shared risks for companies of your size and scope globally

• :

• Security Rating A scorecard of your critical risk indicators leveraging open data sets and AI

• :

• Cyber Maturity Transformation Your interactive cyber risk tool & maturity model

• −

• CyberPath AI-based decision engine that recommends products & services through a non-invasive Cyber Risk Readiness Questionnaire

• −

• Cyber Exchange Hundreds of best of breed, affordable products & services

• 360 Cyber Risk Framework for Supply Chain & Vendor Companies − monitors, identifies, prioritizes, and mitigates cyber risks across third party suppliers & vendors

• −

• SMB Offerings Affordable & accessible products and services for small and midsize businesses who do not have an in-house cybersecurity officer or expertise

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CyberPath: Customer Focused Decision Engine

AI-based WhiteHawk proprietary Decision Engine that provides tailored Product & Services Options through a Non-Invasive Cyber Risk Readiness Questionnaire

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Answer 10 questions to
view cyber risk context
and matching to tailored
solution options
Refine solution
options through a
conversation with a
WhiteHawk Cyber
Analyst
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Cyber Risk Indicator of Companies of similar industries and size

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Best in Class Vendor and Product Partners

Curated cybersecurity vendors vetted by Solutions Architect and Advisory Services teams.

Practical and cost effective cyber products for organizations of all levels

Innovative solutions updated frequently to provide relevant cyber solutions

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Small & Midsize Business Service: Cyber Analysts

We stay engaged with you throughout the cyber risk maturity journey

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With the WhiteHawk Journey, our Cyber Analysts work with each client to match solutions to meet business objectives and priorities (US$950 to US$3,600)

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� 360 Cyber Risk Framework

SUPPLY CHAIN AND VENDOR RISK MANAGEMENT FOR BRAND, MISSION, & INTELLECTUAL PROPERTY PROTECTION

• Enterprises need to manage supply chain and vendor risks, but are often mired in man power intensive, compliance focused business processes.

• WhiteHawk provides access to cutting edge, open data set and AI driven risk focused platforms that:

• provide cyber risk monitoring, alerting, context, prioritization, and

• management

• thereby enabling decision advantage across large volumes of data

• Starting at US$250k for 50 Companies within the Enterprise and its supply chain.

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� 360 Cyber Risk Framework for Enterprises

Business Risks

Cyber Risks

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Cyber Risk Mitigation

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Solution 1 Solution 2 Solution 3
Basic Bundle Balanced Bundle Advanced Bundle
company’s immediate needs. This bundle The Basic bundle provides the cybersecurity products that fit your essential cybersecurity products that best practices standard for your The Balanced bundle offers the represent the maturity level for cybersecurity products. This bundle represents the level of cyber The Advanced bundle is the top of line
represents the minimum that your company’s online operations. This bundle maturity that your company should be
company needs to be doing to prevent or represents what you should be doing striving towards to address a breadth of
mitigate cyber crime and fraud cyber crime and fraud attacks.
Chat NowBuy Now Chat NowBuy Now Chat NowBuy Now
Review the BundleChat Now Review the BundleChat Now Review the BundleChat Now
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The WhiteHawk Basic, Balanced, and Advanced bundles are focused on providing a customized, complete, and affordable cyber mitigation package for each customer.

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� 360 Cyber Risk Framework: 50 to 5000 companies

BASIC

One-time Cyber Risk Rating Assessment (US$750 each Company for 30 days)

BALANCED

Continuous Cyber Risk Rating & Monitoring (US$4,750 each Company Annual Subscription)

ADVANCED

Continuous Cyber Risk Rating & Monitoring with One-time Business Risk Snapshot (US$7,150 each Company for an Annual Subscription)

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BitSight Ratings

Industry leading BitSight is used globally and has set the standard in security ratings.

Provides data-driven, dynamic measurements of an organization’s cybersecurity performance:

• Derived from objective, verifiable information

• Independent material and validated measurements

WhiteHawk partners with BitSight to provide topline risk ratings and identify selective insight trends based on 23 risk controls to prioritize risk indicators for enterprises.

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EZShield & WhiteHawk Scalable Offering

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• Pioneer & innovator in Fraud Protection, Identity Theft Mobile Threat Defense & Cyber Security AI

• 27 Million+ consumers, 4K+ partners throughout Finance Industries

• Five-star support & 24 hour ID Theft restoration services

• Trusted by U.S. government (Tier One status for data breaches affecting 21.5 million+ people)

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EZShield & WhiteHawk SME | Integrated Dashboard

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Cyber Liability Insurance Partnership

Link from WhiteHawk Exchange to Clarke & Sampson online SMB cyber liability insurance quote & ability to purchase

Less than 21% of SMBs currently have a standalone cyber liability insurance, compared to 58% of large companies

Policies starting at US$700 a year for US$1M Coverage

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Driving Awareness: Cybercrime Support Network (CSN)

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Report. Recover. Reinforce.

The Cybercrime Support Network was established to support a coordinated response from federal, state and local law enforcement to manage cybercrime incidents affecting individuals and small businesses.

CSN is piloting US programs to utilize existing referral infrastructure and the website fraudsupport.org to facilitate cybercrime reporting, response and recovery.

Through a partnership between WhiteHawk and CSN, small and midsize businesses (SMBs) that contact CSN in need of cybercrime response and mitigation services will be provided incident response resources including the WhiteHawk Exchange.

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Driving Awareness: Key PR Engagements

WhiteHawk regularly provides thought leadership at cyber conferences globally

Forum Presentations

• US National Association of Regulatory Utility Commissioners (NARUC) Annual Meeting & Policy Summit

• American Bar Association Standing Committee on Law and National Security

• Consumer Bankers Association (CBA) Live

• US Joint Service Academy (JSA) Cyber Summit

• US Association of Organ Procurement Annual Meeting

• US Active Cyber Defense at Association of Public-Safety Communications (APCO)

• Middlesex County Utilities Authority Tech/Cyber Workshop

• Cyber Week Tel Aviv University

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The Team

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Terry Roberts, CEO, President & Founder

Cyber Executive across government, academia and industry. Previously Deputy Director of US Naval Intelligence, TASC VP for Intelligence & Cyber, an Executive Director of Carnegie Mellon Software Engineering Institute. Currently US National Security Cyber Thought Leader, Board Member & Chair Emeritus, Intelligence & National Security Alliance Cyber Council. US Fed Top 50 Women & MSSI in Strategic & Artificial Intelligence. https://www.linkedin.com/in/terry-roberts-193493143/

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Soo Kim, Chief Product Officer

Previously the cybersecurity, technology strategy expert at Accenture Federal Services, Hewlett Packard Federal and VP at TASC. Experience in technical and business

leadership, tactical execution, business operation, and solutions delivery. Bachelor’s degree in mathematics from Virginia Tech and a Certified Enterprise Architect and Scrum Master.

https://www.linkedin.com/in/soo-kim-23655786/

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Kevin Goodale, CFO

CFO at Impressions Marketing Group Inc. from 2005 – 2016.

Career Commercial Financial & Contracting Manager with over 20 years at the CFO level, using degrees in accounting & management information science to reduce risk & increase profits.

https://www.linkedin.com/in/kevin-goodale-6ba4383b/

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The Team

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Sarah Messer, Chief Data Scientist

Previously a senior data scientist at Raytheon and Foreground Security and with a decade as an experimental physicist in automation operations and data collection. Bachelor’s Degrees in Computer Science, Mathematics, and Physics from American University and a Master’s Degree and Ph.D. in Physics from the University of Maryland, College Park.

https://www.linkedin.com/in/sarah-messer-1883a153/

Forrest Allen, Director Business Operations

Previously an Associate Director of Government Relations at the Military Officers Association of America (MOAA). Experience as a professional advocate and as manager of MOAA’s customer service center. Bachelor’s degree in government relations and foreign affairs from Hampden-Sydney College and master’s degree in public policy with a focus on national security from George Mason University. https://www.linkedin.com/in/gforrestallen/

LeighAnne Baxter

Marketing and Communications Manager

Experience in customer relations, process improvement, and developing strategic communications plans. Bachelor’s degree in political science from the University of Richmond and master’s degree in public relations and corporate communications from Georgetown University.

https://www.linkedin.com/in/leighanne-baxter-20a39361/

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The Board

Terry Roberts, Executive Chair

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Louise McElvogue, Non-Executive Director

Currently company director and advisor with strategy, commercial, and digital expertise in North America, Europe, and Asia Pacific.

Global Experience of media, digital transformation, and start-ups. Governance and strategic experience.

Expert in media, journalism, and marketing.

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Tiffany O. Jones, Non-Executive Director

Currently CEO Of Distill Networks

Previously VP of Global Strategic Partnerships and Alliance Operations at FireEye. & SVP of Client Solutions & Chief Revenue Officer for iSIGHT and Mandiant.

Former Deputy Chief of Staff at the White House Office of Cyber Security and Critical Infrastructure Protection. Decorated US Coast Guard Officer.

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Phil George, Non Executive Director

Specialist in Information Security & Risk Management

Currently operates Nurv Cloud, a cloud telecom company, specializing in high quality, secure voice solutions.

Launched Uber Perth in Australia in 2014 as Operations Manager

Former Non-Executive Director of Department 13 International Limited (ASX:D13)

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WhiteHawk Cybersecurity Exchange

• Stop being overwhelmed by cybercrime, fraud, and disruption

• Have clarity of understanding & insight

• Take constructive and measured action

• Prevent, detect, or respond effectively to cyber disruption or attack focused on your company, people or partners

Contact Us

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