Finjan Holdings, Inc.NASDAQ: FNJN

Rodman & Renshaw 16th Annual Global Investor Conference

Shimon SteinmetzCFO and Treasurer, Finjan Holdings, Inc.

September 9, 2014Approved For General Distribution

Safe Harbor Statement

The following presentation is an outline of matters for informational purposes only. This document does not constitute an offer to sell or a solicitation of an offer to buy any securities of Finjan Holdings, Inc. (“Finjan”, “we” or “us”).

This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements regarding our expectations, intentions, beliefs and projections about our future results, performance, prospects and opportunities. These statements can be identified by the fact that they do not relate strictly to historical or current facts or by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “potential,” “should,” “will,” “will be,” “would,” the negative of these terms and similar expressions, but this is not an exclusive way of identifying such statements. Readers are cautioned that forward-looking statements are not guarantees of future performance. Our actual results, performance and achievements may differ materially from those expressed in, or implied by, the forward-looking statements contained in this presentation as a result of various risks, uncertainties and other factors. Important factors that could cause our actual results to differ materially from our expectations include, without limitation, our ability to execute our business plan, the outcome of pending or future enforcement actions, our ability to expand our technology portfolio, the enforceability of our patents, the continued use of our technology in the market, the development of a liquid trading market for our securities andother factors described under Item 1A, “Risk Factors,” as set forth in the Company’s Annual Report on Form 10-K filed with the SEC on March 14, 2014, and any subsequent quarterly or current reports.

The Company will continue to file annual, quarterly and current reports, proxy statements and other information with the SEC.Forward looking statements speak only as of the dates specified in such filings or presentations. Except as expressly required under federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not undertake any obligation to update any forward-looking statements to reflect events or circumstances arising after any such date, whether as a result of new information or future events or otherwise. You should not place undue reliance on the forward-looking statements included in this presentations or that may be made elsewhere from time to time by us, or on our behalf. All forward-looking statements attributable to us are expressly qualified by these cautionary statements.

Our filings with the SEC are available to the public on, and may be reviewed at, the SEC’s internet website www.sec.gov and on Finjan’s web site www.finjan.com. You may also read and copy any document that Finjan files with the SEC at the SEC’s Public Reference Room, 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 for further information on the Public Reference Room and their copy charges.

Page 2© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Finjan At a Glance

Cybersecurity licensing company operating in a $20 BN licensing universe, annually. Successfully licensed intellectual property resulting in more than $145 M of income.

Innovator in Cybersecurity

•Developed innovative cybersecurity technologies

•Behavior-based threat detection and prevention as a solution to malware

Manager of IP as an Asset Class

•Core competency in managing intellectual property licensing

•Industry-wide licensing program underway

Broad Portfolio of Patents

•40+ global patents (issued and pending), multiple patent families

•Patents cover fundamental and disruptive technologies

•Expiration dates through 2030

Page 3© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

2012: Confidential

2012: Confidential

2007:

2010: “2010 Litigation” (ON APPEAL)

2013:

2013:

2013:

2013:

2014:

2014:

2005:

2009:

2012:

Business Model Focused on Licensing

Our business model is focused on licensing and reduces the binary risk of trial outcomes while increasing likelihood of income collection.

LICENSING

SETTLEMENTS

80%80%

JUDGMENTS 20%

ENFORCEMENT 20%

Page 4© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Active Patent Enforcements

Active enforcement program – six concurrent litigations traveling on their own individual timelines (dates are subject to change).

* Websense I and Websense II were consolidated on 6/23/14

Page 5© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Party Filed Court Q3'14 Q4'14 Q1'15 Q2'15 Q3'15 Q4'15 Q1'16

2010

Appeal12/1/2013

Court of

Appeals,

Fed Circuit

Oral Argument

(9/9/2014)

7/8/2013NDCA

Armstrong

Stayed Pending

Re-examination

8/28/2013NDCA

Freeman

MARKMAN (8/22/14)

TRIAL (7/20/2015)

9/23/2013

3/24/2014

NDCA

Freeman*

MARKMAN (11/21/14)

TRIAL (10/5/2015)

12/16/2013NDCA

Freeman

MARKMAN (5/8/2015)

TRIAL (1/11/2016)

3/14/2014NDCA

Orrick

MARKMAN (2/13/15)

6/1/2014NDCA

Seeborg COMPLAINT

CAFC-13-1682

4:13-cv-03133-SBA (NDCA)

5:13-cv-03999-BLF (NDCA)

5:13-cv-04398-BLF (NDCA)

5:13-cv-05808-BLF (NDCA)

3:14-cv-01197-WHO (NDCA)

3:14-cv-02998-RGS (NDCA)

Successful Licensing History

Successfully collected income of more than $145 M from licenses, settlements and judgments – far exceeding our current market cap.

COMPANY DATELICENSES & SETTLEMENTS

TYPE

March 2008 $37.9 M

• Established royalty rate 8%-16%

• Willfulness found

• Injunction granted

July 2005 $8 M • Paid-up, cash• Portfolio

• Life of patents

Nov 200925% equity of M86

• Stock• Portfolio

• Life of patents

March 2012 $3.1 M1 • Stock• Portfolio

• Life of patents

April 2012 $11.3 M • Confidential• Portfolio

• Life of patents

Nov 2012 $85 M • Confidential• Portfolio

• Life of patents

1: Estimated book value representing 224,000 shares of Trustwave. Source: company SEC fillings

Confidential

Confidential

Licenses & Settlements

Judgments

Page 6© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Large Cybersecurity Licensing Universe

Licensing universe comprises many dozens of technology companies. Expected sales of products based on Finjan innovations: Over $100 BN within the next five years.

Relevant Security

Markets2013 2014 2015 2016 2017

Endpoint $11.2 BN $11.8 BN $12.5 BN $13.2 BN $13.8 BN

Messaging & Web $4.1 BN $4.4 BN $4.7 BN $5.0 BN $5.3 BN

Network $4.0 BN $4.0 BN $4.0 BN $3.7 BN $3.4 BN

Annual Impacted

Revenue$19.3 BN $20.2 BN $21.2 BN $21.9 BN $22.5 BN

Source: Gartner forecast and Company analysis.

Page 7© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

“Growth in the cloud security services space has overtaken that of traditional delivery models, growing at a rate of 30% by the end of 2013 and reaching $4.2 billion by 2016.”

Gartner

“2013 worldwide IT security spending will be approximately $17.9 billion.”

IDC

“2013 Enterprise spend on Secure Web Gateway is estimated to be $2.5 billion with a expected CAGR of 11.8% between 2011-2016.”

Gartner

Cybersecurity – An Escalating Global Challenge

C Y B E R S E C U R I T Y B R E A C H E S I N T H E N E W S

JPMorgan Warns Card Users on Data Loss After

Cyberattack

December 5, 2013

Target cyber breach hits 40 million payment

cards at holiday peak

December 19, 2013

“Cyber attacks listed as a top national security threat in the 2013 Worldwide Threat Assessment of the U.S. Intelligence Community.”

Office of the Director of National Intelligence

“Secure Web Gateway revenues grew 15% in 2012 and are estimated to grow between 13%-15% in 2013.”

Gartner

“2011 Ponemon Institute study estimated a 44% increase in successful cyber attacks from the prior year.”

PonemonInstitute

Neiman Marcus latest victim of cyber attacks,

January 11, 2014

March 16, 2014

NATO Says its websites hit by cyber attacks

Cyber-Attacks to grow with new technologies, Clapper

Says

January 11, 2014

Page 8© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Russian Hackers Amass Over a Billion Internet

Passwords

August 7, 2014

Small and Medium-SizedBusiness Solutions

Enterprise Solutions Large Enterprise Solutions

NG-100 NG-5100 NG-6100 NG-8100

Award Winning Technology

Behavior-based threat detection and protection software and appliances, developed in-house, technology still available in the market today.

• Network Products Guide 2009: Finjan’s unified Secure Web Gateway wins in the Product Innovations Web Security category

• eWeek’s Excellence Awards Program: Finjan’s Vital Security Web Appliance 8.4 named WINNER in the Network DatastreamProtection category

• SC Magazine: Finjan’s Vital Security Web Appliance NG-6100 receives five stars

• 2007 Global Excellence Industry Awards: Finjan Vital Security Web Appliance wins Global Product Excellence Awards in three Categories – Web Security, Anti-Malware and Gateways

Page 9© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Strategic Investment in JVP Fund

Finjan invests millions in a cybersecurity venture fund with R&D incubator through JVP and alongside other technology companies.

About Jerusalem Venture Partners (JVP)

• Top-10 consistently performing VC fund worldwide (#1 in Israel)

• 100 companies built since 1993 with $1 BN raised across 9 funds

• 15 M&A exits and 11 IPO’s accumulating over $17 BN of transaction value

• Hundred’s of millions in returns distributed to partners over the past three years

Key Investment Highlights

• Outsourced R&D, continued engagement and thought leadership in cybersecurity technology

• Access to a pool of innovative technology companies with valuable patent assets

• Israel has been a notable opportunity for acquisitions in security

1. Alt Assets

Page 10© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Sustainable Business Model Beyond Cybersecurity

Finjan intends to grow through strategic acquisitions, investments, and partnerships in a diverse technology landscape.

Months 12 24 36 48 60 72 84 96 108

Current Finjan Cybersecurity

Current Finjan Cybersecurity

Current Finjan Cybersecurity

Future AcquisitionNumber 1Technology: TBD

Future AcquisitionNumber 1Technology: TBD

Future AcquisitionNumber 1Technology: TBD

Future AcquisitionNumber 2Technology: TBD

Future AcquisitionNumber 2Technology: TBD

Future AcquisitionNumber 2Technology: TBD

Notice Period

Early Harvest

Core HarvestIncome($)

Page 11© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Seasoned Management Team

Licensing and enforcement infrastructure is critical to success for a publicly traded licensing company.

Shimon Steinmetz CFO and Treasurer

• Former technology banker - Cantor Fitzgerald, Goldman

and Citigroup

• Former senior associate at TH Lee Putnam Ventures

• MBA, University of Chicago

• BA, Yeshiva University

Ivan Chaperot VP, IP Licensing

• Former Intel executive responsible for large scale IP

transactions

• Former Licensing executive Intellectual Ventures

• Former senior manager Alcatel Lucent

• MA, Centre for International Intellectual Property Studies

• DEA, University of Paris-Sud

Phil Hartstein President and CEO

• Former VP and portfolio manager at IP Navigation Group

• Former managing director at Rembrandt IP

• Former director in a patent brokerage, practice head of

an IP consulting firm, trained in boutique IP firm

• BS, Industrial Technology, Cal Poly SLO

Julie Mar-Spinola VP, Legal Operations

• ND of CA Court appointed mediator, certified Special

Master for patent cases

• Former GC at Alta Devices, Phoenix Technologies and

iolo technologies

• Former VP, Global Affairs at Atmel Corporation (ATML),

overseeing global IP, litigation and licensing

Miyun Sung VP, Legal Counsel

• Former Counsel for Hogan Lovells

• Former Senior Counsel for MicroStrategy Inc.

• JD, Harvard Law School

• BA, Cornell University

Friederike Edelmann Director, Investor Relations

• Former IRO SAP, Coty, Realtech

• Member of the Board of NIRI New York

• Bachelor of Business Administration, Florida Atlantic

University/Accadis Bad Homburg, Germany

• MS in Marketing, GSBA Oekreal Zurich, Switzerland

Page 12© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Distinguished Board of Directors

Michael Eisenberg Director

• Partner, Aleph, an early stage Israeli venture fund

• General Partner, Benchmark Partners

• Former Partner, Israel Seed Partners

Alex Rogers Director

• Managing Director, HarbourVest Partners

• Serves on multiple boards of private/public

companies

Eric Benhamou Director

• CEO and founder, Benhamou Global Ventures

• Former CEO, Palm

• Former CEO, 3Com

Daniel Chinn Executive Chairman

• Partner, Tulchinsky Stern Marciano Cohen Levitski & Co.

• Former Partner, Herzog, Fox & Neeman

• Former Partner, Israel Seed Partners

Harry Kellogg Director

• Former Vice Chairman of the board of Silicon Valley

Bank and affiliates

• Serves on multiple boards of civic and industry

organizations

Michael Southworth Director

• CEO, Contact Solutions LLC

• Former SVP of Global Wireless Solutions at Corning

Glenn Daniel Director

• Former Managing Director, Houlihan Lokey

Page 13© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Investor Information and Recent News

• 9/4/2014 - Finjan Provides Litigation Update - Proofpoint Motion To Stay Denied

• 7/22/2014 – Finjan Provides Litigation Update – Blue Coat Markman Hearing Set for August 22, 2014

• 7/1/2014 – Finjan Files New Patent Infringement Lawsuit Against Symantec

• 6/24/2014 – Finjan Set To Join Russell Microcap Index

• 5/8/2014 – Finjan To Begin Trading On The NASDAQ Capital Market

• 4/8/2014 – Finjan Appoints Three New Independent Directors & Expands Board of Directors

• 3/18/2014 – Finjan Issued New U.S. Patent For Malicious Mobile Code Protection

Ticker Symbol NASDAQ:FNJN

Bloomberg FNJN:US

Recent Share Price1 $4.43

52-Week Range1 $3.03 – $15.00

Shares Outstanding2 22,368,453

Type of Stock Common Stock

Market Cap1 $96 M

Index Membership Russell Microcap

Current Cash $20.6 M

Current Debt 0

Headquarters New York

Full-Time Employees 11

Founded 1997

1: As of 9/4/2014 2: Per 10Q filed on 8/11/14

Page 14© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Large Licensing

Universe

Successful

Licensing History

Active Patent

Enforcement

Strong Balance

Sheet

Pioneering

Technology

Seasoned

Leadership Team

Over $100 BN addressable market for cybersecurity, further growth through strategic acquisitions, investments, and partnerships leveraging our experience in licensing

Collected more than $145 M in licensing and enforcement income – far exceeding our current market value

Multiple business-to-business licensing negotiations and six current litigations, first Markman held on August 22, 2014

$20.6 M in cash and no debt*, sufficiently to operate beyond the next 12 months including licensing and litigation expenses

Battle-proven patent portfolio is a direct result of our R&D efforts and invested dollars

Licensing and enforcement infrastructure comprises experts in patent monetization, technology investments and capital markets

* per 10Q filed on 8/8/2014

Investment Thesis

Page 15© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Contact Us

For more information

Friederike Edelmann

Director, Investor Relations

Finjan Holdings, Inc.

Direct: 646.350.4999

Email: friederike@finjan.com

122 East 42nd Street

Suite 1512

New York, NY 10168

www.Finjan.com

www.linkedin.com/company/finjan

www.twitter.com/FinjanHoldings

333 Middlefield Road

Suite 110

Menlo Park, CA 94025

Page 16© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

Appendix

© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED Page 17

Acquired IP Companies Licensing Agents and Aggregators Technology-based IP Companies

Name Ticker Market Cap* Name Ticker Market Cap* Name Ticker Market Cap*

VHC $740 M ACTG $888 M FNJN $96 M

PCO $397 M RPXC $817 M IDCC $1.76 BN

UPIP$230

MPrivate ? TSRA $1.56 BN

VRNG $95 M Private ? RMBS $ 1.40 BN

MARA $64 M Private ? QCOM $127 BN

SPEX $39 M Private ? PRKR $121 M

Peer Group Analysis

Segmentation of companies who license Intellectual Property – based on their business model.

Page 18© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED

*Market Cap as of 9/4/2014

Security Patent Landscape

Patent litigations involving operating companies in the security industry.

De

ep N

ines

Intel (McAfee)

Sophos

Finjan

Legend

Party asserting patent(s)

Party accused of infringement

Active litigation

Past litigation

Party

Party

Key Takeaways

• IP drives momentum in technology industries (e.g., mobile handset)

• Innovators initiate, challengers receive patent litigations

• Cybersecurity IP is valuable

Page 19© 2014 Finjan Holdings, Inc. ALL RIGHTS RESERVED