G U A R D I N G B O R D E R S . P R O T E C T I N G A S S E T S . S A V I N G L I V E S .

D A I L Y , G L O B A L , H I G H - R E S O L U T I O N ,I N D E P E N D E N T M A R I T I M E A C T I V I T Y D A T A A S A S E R V I C E .

This document is not a product disclosure statement for the purposes of a disclosure document.

This presentation has been prepared solely for information purposes and does not purport to contain all the information that a potential investor may require. It is distributed on the understanding that no representation or warranty is made by Kleos Space with respect to the completeness, accuracy or reliability of the information contained This presentation is not a financial product or investment advice or a recommendation to acquire Kleos Space securities, nor is it legal, accounting or tax advice. This presentation has been prepared without taking into account any person’s individual investment objectives, financial situation or particular needs. You are solely responsible for forming your own opinions and conclusions on such matters and for making your own independent assessment of the information in this presentation. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial and tax situation and seek independent professional advice.

Past performance and historical information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of the Kleos Space future financial performance or condition. Actual outcomes may vary from forecasts. A number of important factors and risks may cause actual performance to differ materially.

This presentation must not be disclosed to any other party and does not carry any right of publication. This presentation is without reference to, and should be viewed solely in conjunction with, the oral briefing provided by Kleos Space. Neither this presentation nor any of its contents may be reproduced or used for any other purpose without the prior written consent of Kleos Space.

This presentation has been prepared in accordance with the laws of the Grand Duchy of Luxembourg.

D I S C L A I M E R

Commercially unique, global, Intelligence, Surveillance & Reconnaissance (ISR) Data as a Service (DaaS) product

• Multi-market opportunity, ISR market valued at $41bn in 2015 and growing fast

• Non-US (rest of world) first mover

• Spin-out from respected UK Space technology firm, leveraging significant historical R&D effort & >3.5M Euro investment

• Small number of very high value customers targeted

• Critical partners, stakeholders and market engagement in place

K E Y P O I N T S

T I M E L I N E

2009Early R&D in

technology commenced (Magna Parva)

2015R&D commenced for geolocation mission

(Magna Parva)

Q2 2017Kleos Space spun out of Magna Parva – IP

assigned

Q3 2017MoU signed with

Luxembourg Government inc 2M Euro funding

Q1 2018Seed Round closed, 1.4M Euro funding

Q2 2018IPO, 7M Euro funding

Q2 20191st Satellite System (Scouting) mission

launched

Q2 2019Data product made live,

initial revenues commence

Q2 2019 onV2 Satellite system

development, data product growth, market growth

Peter Round Chairman/Exec Director

RAF Air Commodore, expert in EU Defence Issues, military affairs and has lead multiple multi-million pound contracts within the Defence industry. Internationally renowned strategic executive with experience in the US, EU and NATO.

Andy Bowyer CEO/Co-Founder/Exec Director

12 years’ heritage delivering complex Space contracts, including missions to Mars and Mercury as co-founder of Magna Parva. Broad commercial and business development skills centred around major space mission providers (European Space Agency).

Miles AshcroftCTO/Co-Founder/Exec Director

Extensive technical experience delivering technically ground breaking and high value Space engineering hardware to multiple international space agencies. Co founder of Magna Parva.

Erik TylerMD Asia Pacific/Exec Director

Corporate and Board advisor to multiple ASX listed companies. Former communications specialist in Australian Commando Regiment.

Brad SaxbyCFO

Experience in corporate advisory, fund raising and general financial control. Registered Chartered Accountant in Australia and the UK.

David Christie Non Executive Director/Co-Sec

20 years’ experience as a senior legal executive with global responsibility for legal affairs, ASX governance, litigation and intellectual property matters, executive director with iSelect (ASX: ISU).

E X P E R I E N C E D C E N T R A L T E A M

• In mid-2019 we are launching our own LEO small-satellite Earth Observation mission that will accurately geolocate target RF transmissions (e.g. maritime VHF).

• Do not use voluntary/active trackers AIS (Automatic Identification System) that can be subject to spoofing and deactivation.

• Locate the: unseen, unlocatable, obscured, obfuscated, covert Maritime activity.

• Distribute initially this DaaS to maritime Government & commercial information users in the defence and security Intelligence Surveillance Reconnaissance (ISR) market via our own proprietary application named: Guardian ABI.

• Offer near real-time collection by launching further satellites with a wider payload capacity into a constellation formation.

• Offer raw data to intelligence agencies by developing the Guardian ABI platform to include analysis and comparator capabilities.

• Scale customer base into wider non-maritime and non-defence markets such as environmental protection, search and rescue services and insurance services

O U R M I S S I O N

• Increasingly complex global threats and emergencies aredriving the need for ISR, geospatial intelligence (GEOINT)and signals intelligence (SIGINT) with global coverage.

• Current terrestrial solutions are: expensive, technically limited by range, persistence and the weather, overt and subject to counter threats.

• Global Land and sea ‘activity based’ intelligence applications: Defence, Maritime, Security, Regulatory, Search and Rescue, real societal challenges:

• Illegal fishing

• Drugs/arms/people trafficking

• Illegal oil bunkering

• Illegal trans-shipping

• Ghost shipping

• Border security

• Maritime security

T H E C H A L L E N G E

• Global ISR market valued at $41bn in 2015 with high growth. Kleos anticipates that data sales will move to value-added intelligence sales further increasing revenue and steady profitability.

• Diverse, multi-market, high value direct & reseller agreement revenue streams.

T A R G E T M A R K E T S

Other Markets

Search and Rescue Agencies Regulatory Bodies Communications Providers Earth Observation App Developers

Maritime Market

Coastguards Maritime Security Companies Insurance Companies Shipping Companies Intelligence Aggregators

Defence/Security Market

Defence Ministries (NATO) Intelligence Agencies Tier 1 ISR Supply Chain Intelligence Aggregators Border/Homeland

security Agencies

In Space Missions Ltd (UK)Mission management consultancy services; Tony Holt - Tony brings 27 years of experience in the space industry working as an engineer, chief engineer and latterly engineering director for several major spacecraft manufacturers and ground system providers. Tony was the Engineering Director at SSTL responsible for all spacecraft and ground segment engineering on project delivery.

GomSpace AB (Denmark)Satellite build; Proven, since 2007, leaders in the nano-satellite market, turn key solution, no ITAR components. Satellite operations services to be provided from Luxembourg.

Spaceport (Global)TBD launch in negotiation between Space X (US), PSLV (India), Electron (US) services.

Deloitte (Luxembourg/Australia) Financial Auditor; Global, leading accountancy service provider.

DLA Piper (Luxembourg/Australia)Legal Advisor; Global, leading legal advisory service provider.

I N D U S T R Y L E A D I N G S U P P L Y C H A I N

Collecting.Global, persistent transmitter activity data collected by our satellites

Sorted/Filtered/AnalysisRaw data organised into useful data leading to analysed data with change events reported

Distributing.The raw data to full value add intelligence distributed through our Guardian ABI platform via secure channels to end users

Enabling.Enabling our customers to efficiently cue/ task airborne & ground ISR assets

Delivering.Enhancing situational awareness for decision makers dealing with: Defence & Security needs and humanitarian crises

T H E P R O D U C T

BASE VISUALISE ACT

Kleos Scouting Mission – Global, Daily Data ◊ ◊ ◊

Mapped Visualisation ◊ ◊

AIS filter enabled ◊ ◊

Imagery selection enabled ◊

Custom API ◊ ◊

Weekly API ◊ ◊

Encrypted ◊ ◊

S U M M A R Y O F F E R S T A T I S T I C S

Offer closing date: 21 June 2018

Listing Date: 2 July 2018

Exchange: Australia Securities Exchange (ASX)

Code: KSS

Basic CDIs outstanding: 106,627,500 (Ratio of CDIs per Share 1:1)

IPO issue price: A$0.20

Market capitalisation A$21,325,500

Gross proceeds: A$11,000,000

Enterprise value: A$8,549,500

P E R F O R M A N C E R I G H T S

DIRECTOR/EXECUTIVE NUMBER OF PERFORMANCE SHARES VESTING CONDITIONS

Peter Round (Chairman) 1,000,000 Vest upon revenue greater than €2,000,000 being achieved

1,000,000 Vest upon revenue greater than €4,000,000 being achieved

Andrew Bowyer (CEO) 4,250,000 Vest upon signing of first commercial contract for DaaS

5,000,000 Vest upon successful launch of Scouting Satellite

4,250,000 Vest upon revenue greater than €4,000,000 being achieved

Miles Ashcroft (CTO) 4,250,000 Vest upon signing of first commercial contract for DaaS

5,000,000 Vest upon successful launch of Scouting Satellite

4,250,000 Vest upon revenue greater than €4,000,000 being achieved

Bradley Saxby (CFO) 2,000,000 Vest upon 11 April 2019

2,000,000 Vest upon 11 April 2020

David Christie (NED) 500,000 Vest upon 26 March 2019

Total 33,500,000

C O N T A C T

Australia erik.tyler@kleos.space