2019 Annual General Meeting CEO’s Presentation

Powering the world’s best tactical UAVs19 November 2019

© 2019 Orbital Australia Pty Ltd

Year in review

2

Shipping 1st engine model under Insitu LTA

2nd engine model to ship in H1 FY20

Ramp-up of USA production facility

First Australia test flights of Orbital UAV engines

Defence industry credentials

FY20 revenue guidance $25-35M

© 2019 Orbital Australia Pty Ltd

World leader in tactical unmanned aerial vehicle propulsion systems.

3

© 2019 Orbital Australia Pty Ltd

What is a tactical UAV

4

Intelligence SurveillanceReconnaissance

Stat

istic

sOb

jectiv

es

flight time8 -24 hrspayload20 kg

3 -6 m

$2.5M -$4M

wingspan

deployed system cost20,000 ft max altitude

© 2019 Orbital Australia Pty Ltd

Powering Insitu’sversatile & agile UAV family

$

20232018 2019 2020 2021 2022

ScanEagle®2

ScanEagle®3

Integrator™

ScanEagle®

5

Long Term Agreement 2018-2023

$120M –350M

© 2019 Orbital Australia Pty Ltd

Customer diversification

6

$

© 2019 Orbital Australia Pty Ltd 7

“We hear every day that combat leaders will not accept a gap in intelligence, surveillance and reconnaissance coverage when they

take their forces outside the wire.”Keith Hirschman

Former U.S. Army Colonel & Vice President, Orbital UAV USA

© 2019 Orbital Australia Pty Ltd

© 2019 Orbital Australia Pty Ltd

The UAS journey

8

Early days Unprecedented growth

Combat flight hours (10x)

1999-2005

“2nd Golden Age of Aviation”

Payload versatility ISR Services

2006-2012 2013-2018

“Institutionalized”Aviation programs of

record

Next Gen“Less Man” in UAS

2020

© 2019 Orbital Australia Pty Ltd

Market opportunities

9

Tactical UAVA$19.4Bn*

* UAS Market Outlook with Special Focus on Tactical Systems, Teal Group Corporation | For the years 2017-2026

U.S. Army FTUAS Program

© 2019 Orbital Australia Pty Ltd

Why Orbital UAV?

Orbital UAV OthersTime between overhaul 500 hrs ~100 hrsCold start to launch 2 min >20 minx3 U.S. FAR33.49 endurance test Yes NoField ready subsystem Yes No

Orbital UAV heavy fuel propulsion systemshave the world’s best performance

10

© 2019 Orbital Australia Pty Ltd

Corporate overview

11

Capital StructureFully Paid Ordinary Shares 77MMarket Capitalisation @ $0.34 (18 November ‘19) A$26MCash & Receivables (30 Jun ‘19) A$15MRevenue FY19 A$15M

Top Shareholders Share Price & Volume

31%

12%4%

53%UIL Limited

Colonial First State

Directors & Employees

Other

Revenue guidance FY20 A$25-35M

0.27

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0.41

0.48

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© 2019 Orbital Australia Pty Ltd

Executive Management

12

RouléJonesCFO &

Company Secretary

Geoff CathcartCTO

Keith HirschmanVP U.S. Operations

Martin JohnstonDivision Lead

Production

Dan KempDivision LeadEngineering

Liezl UlrichOrganisation

Development Lead

Todd AlderCEO &

Managing Director

© 2019 Orbital Australia Pty Ltd

Board of Directors

13

- Appointed Chairman March 2015- MD & CEO of Resolute Mining Ltd- Director Equatorial Resources Ltd

John WelbornChairman

Non-Executive Director

- Experienced aerospace and defence industry executive

- MD of WA Specialty Alloys 1996-2015

Kyle AbbottNon-Executive

Director

Todd AlderManaging Director

& CEO

- Appointed CEO & MD in 2017- Focusing on: financial

discipline; strategy alignment; and operational efficiency

Steve GallagherNon-Executive

Director

- Board member since 2017- 30 years experience as a CEO

and director of global businesses

www.orbitaluav.com