Investor Presentation

• Contract Backlog up 126% to $307m since Dec 2024
• Signed world-first high energy laser weapon export contract worth €71.4m (A$125m)
• Continued diversification of order book and strengthening of balance sheet

EOS has delivered strong growth in its contract backlog, which increased 126% to $307m since December 2024. This was driven by several key developments in 1H 2025, including the receipt of $160m proceeds from the divestment of EM Solutions, the repayment of all remaining debt, and the signing of a €31m (A$53m) Slinger Counter-Drone order and a €71.4m (A$125m) world-first high energy laser weapon export contract with a European NATO member. The company also secured several other defence systems and space contracts, demonstrating ongoing diversification of the order book. EOS is well-positioned to capitalize on strong market conditions, including geopolitical uncertainty, technological disruption, and the need for counter-drone and laser weapon solutions. The company has established the key enablers to deliver sustainable growth, with a focus on improving software and AI capabilities, strengthening its sales and marketing efforts, and continuing to work with national champion partners in key markets. EOS remains committed to exercising strategic and capital discipline, including sourcing customer funding and partnerships where appropriate, as it invests in growth opportunities across its RWS/Counter-Drone and High Energy Laser Weapon product lines, as well as potential bolt-on acquisitions.

EOS expects its revenue to be heavily biased towards the second half of 2025, with the company focused on growing its order book. The company has not provided any specific financial guidance for the full year 2025.

EOS is well-positioned to capitalize on strong market conditions, including geopolitical uncertainty, technological disruption, and the need for counter-drone and laser weapon solutions. The company remains focused on growing its order book, with a strong pipeline of opportunities across its product lines and key geographic markets.