WHITEHAWK LIMITED — Regulatory Filings 2021

Dec 22, 2021

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FOR IMMEDIATE RELEASE 23 December 2021

WhiteHawk Projected Revenue Grows by 180% in 2021

Highlights

• Since 2016 WhiteHawk has consistently doubled revenue year over year

• In 2021 WHK will invoice US$3.4M over US$1.9M revenue recognized in 2020 being a projected 180% increase year on year

• During COVID Contracts have been renewed 80% of the time

• Pipeline has been consistently expanded both on the US Commercial sector and US Federal Government sector over the past 3 years

• SaaS Product line features advanced: Cyber Risk Radar, Cyber Risk Program, Cyber Risk Scorecard & Cyber Risk Platform as a Service (PaaS)

• Multi-year contracts enable consistent revenue baseline and growth

Perth, WA and Alexandria, VA - WhiteHawk Limited (ASX:WHK) (“WhiteHawk” or “the Company”), is the first global online 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 Cyber Risk Scorecards, Virtual Consults, Mapping to Maturity Models and Impactful Solution Options.

In-spite-of, the COVID market dynamics and delays in the procurement and contracting processes, WhiteHawk has been able to deliver continued dramatic growth in 2021. Proof of Concepts have led eventually to multi-year contracts.

Terry Roberts, Executive Chair of WhiteHawk, commented, “While business development and procurement processing during COVID has been challenging and protracted, both across the US Federal Government and Industry, our pipeline client relationships have remained strong, and our product lines continue to be extremely competitive and tailorable to any client’s requirements. As a result, we began to offer lower cost Proofs of Concept (POC), so clients could see our risk identification, prioritization and mitigation automation and ability to scale. Thereby resulting in impactful contracts. It took longer – but has delivered results.”

-ENDS-

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

WhiteHawk Limited Level 28 140 St George 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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For more information:

Media inquiries (USA) Investor inquiries (AUS) Institutional Inquiries WhiteHawk WhiteHawk Viaticus Capital Marketing & Communications Company Secretary Principal Malachi Walker Kevin Kye Gavin Rezos publicrelations@whitehawk.com investors@whitehawk.com grezos@viaticuscapital.com +1 833 942-9237 +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 self-service, cyber security exchange, simplifying how companies and organizations discover, decide, and purchase cyber security solutions that directly mitigate their key cyber business risks. Today, we help US companies to connect to content, solutions, and service providers through evolving our rich data and user experience. WhiteHawk is a cloud-based cyber security exchange platform that delivers virtual consultations, Artificial Intelligence Cyber Risk Profile’s that immediately match SME customers to tailored ‘solutions on demand. The platform enables customers to leverage their tailored Security Story to find affordable and impactful cyber tools, content, and relevant services through our algorithms and expertise, to better understand how to improve and stay ahead of today’s cyber threats. The Platform enables companies to fill their needs on an ongoing basis with demonstrated cost and time savings. For more information, visit www.whitehawk.com.

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