WHITEHAWK LIMITED — Capital/Financing Update 2023

Dec 10, 2023

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FOR IMMEDIATE RELEASE 11 December 2023

AI based Cyber Risk Contract Expanded with Top 5 Global Social Media Company

Highlights

• Existing WhiteHawk AI based automated Third-Party Risk Management (TPRM) Services contract with Top 5 Global Social Media Company is being expanded with a new Order that includes:

• Third-Party Risk Platform Operations, Configuration, and Tuning Services

• Architecture and Cyber Risk Mitigation SME Services

• AI Based Cyber Risk Data Integration Services

• This new Order is valued at $1.2M USD annually.

Perth, WA and Alexandria, VA - WhiteHawk Limited (ASX:WHK) (“WhiteHawk” or “the Company”), is the first global online AI based cyber security exchange enabling all businesses and organizations to take smart action to prevent cybercrime, fraud and disruption and mitigate the impacts continuously - with automated and scalable Cyber Risk Assessments, SaaS, and Platform as a Service (PaaS) product lines that are tailored for clients of all sizes.

WhiteHawk is pleased to announce the addition of a contract order under the current Master Services Agreement for Cyber Risk Services in support of client’s TPRM services. This additional order represents Increased revenues under the existing Master Services Agreement of $1.2M USD. TPRM Services include:

Third-Party Risk Platform Operations, Configuration, and Tuning Services

• General Operations, Configuration, and Tuning of the Platform

• Onboarding and Offboarding of Third-Party (TP) Vendors for Monitoring, Alerting, Assessments, and Analytics

• • Monitoring and Alerting based on Key Performance Indicators, Tuning of Risk and Privacy Thresholds

  • Escalation of Alerts/Threshold Triggers

• Report Generation

• Architecture and Cyber Risk Mitigation SME Services

• Analysis of TPRM requirements and Technology Insertion Evaluations to enhance data collection and reporting to meeting Risk Intelligence Maturity initiatives

• Analysis of Platform data to develop mapping and alignment of Control Portfolio and Performance Metrics

• Risk mitigation engagement with high risk vendors

• Integration Services

• Development of APIs that extract, translate, and format API AI generated data for collecting TP’s Control Portfolio Performance and other available risk indicator data

WhiteHawk Limited Level 28 140 St Georges Tce Perth WA 6000 Tel : +61 8 6311 4636, Fax : +61 8 6311 4661 ABN: 97 620 459 823 www.whitehawk.com

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Terry Roberts, Executive Chair of WhiteHawk, commented, “The expansion of our engagement with this client, going into our 3[rd] year, truly shows the value proposition of WhiteHawk offerings and expertise. This will continue to open new opportunities for advancing their team to stay on top of their vendor risks and mitigate them in near real-time from accessible dashboards integrated into their current architecture.”

-ENDS-

Authorised for release by Terry Roberts (Chief Executive Officer and Executive Chair).

For more information:

Media inquiries (USA)	Investor inquiries (AUS)	Institutional Inquiries
WhiteHawk	WhiteHawk	Viaticus Capital
Marketing & Communications	Company Secretary	Principal
Morgan Goodale	Kevin Kye	Gavin Rezos
publicrelations@whitehawk.com	investors@whitehawk.com	grezos@viaticuscapital.com
+1 571 236-8526	+61 8 6311 4636	+447447560303

About WhiteHawk

Launched in 2016, WhiteHawk began as a cyber risk advisory service with a vision to develop the first online end-to-end cyber risk monitoring, prioritization and mitigation cyber security exchange, democratizing access for companies and organizations to continually address Digital Age Risks. WhiteHawk now operates a cloud based Cyber Risk Platform with Software as a Service and Platform as a Service Product Lines and subscriptions that automate and scale digital age risk prioritization and mitigation. Via their online cyber security exchange, the Company also continuously vets and offers a breadth of next generation cyber risk and security solutions, enabling all businesses and organizations to take smart action against cybercrime, fraud, and disruption, for themselves, their clients and across their supply chains, on an ongoing basis with demonstrated time and cost savings. For more information, visit www.whitehawk.com.

WhiteHawk Limited Level 28 140 St Georges Tce Perth WA 6000 Tel : +61 8 6311 4636, Fax : +61 8 6311 4661 ABN: 97 620 459 823 www.whitehawk.com