Announcement PDF eos-aus.com ELECTRO OPTIC SYSTEMS (ASX:EOS) 1H 2026 YEAR RESULTS PRESENTATION DR. ANDREAS SCHWER, MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER CLIVE CUTHELL, CHIEF FINANCIAL OFFICER & CHIEF OPERATING OFFICER THE COUNTER DRONE COMPANY Approved for release by the board of directors 25 AUGUST 2026 DISCLAIMER AND IMPORTANT NOTICES CONTENT OF PRESENTATION FOR INFORMATION PURPOSES ONLY This presentation was prepared as at 25 August 2026 and is based on information available at that time, unless noted otherwise. Forward-looking Statements This presentation may contain statements that are, or may be deemed to be, forward-looking statements. Such statements can generally be identified by the use of words such as ‘may’, ‘will’, ‘expect’, ‘intend’, ‘plan’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘objectives’, ‘outlook’, ‘guidance’, ‘forecast’ and similar expressions. Indications of plans, strategies, management objectives, sales and financial performance are also forward- looking statements. Such statements are not guarantees of future performance, and involve known and unknown risks, uncertainties, assumptions, contingencies and other factors, many of which are outside the control of EOS. No representation is made or will be made that any forward-looking statements will be achieved or will prove to be correct. Typically, EOS and its subsidiaries (together, the Group) operate in an industry where it can take an extended period of time (including up to, and beyond, twelve months) for opportunities to be converted into signed sales contracts. Readers are cautioned not to place undue reliance on forward- looking statements in this presentation and EOS assumes no obligation to update such statements unless required under continuous disclosure requirements. No representation or warranty, expressed or implied, is made as to the accuracy, reliability, adequacy or completeness of the information contained in this presentation. Past Performance Past performance information in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Information is Not Advice This presentation is not, and is not intended to constitute, financial advice, or an offer or an invitation, solicitation or recommendation to acquire or sell EOS shares or any other financial products in any jurisdiction and is not a prospectus, product disclosure statement, disclosure document or other offering document under Australian law or registration statement under the United States Securities Act of 1933 as amended (Securities Act) or any other law. This presentation also does not form the basis of any contract or commitment to sell or apply for securities in EOS or any of its subsidiaries. It is for information purposes only. EOS does not warrant or represent that the information in this presentation is free from errors, omissions or misrepresentations or is suitable for your intended use. This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States or to any 'U.S. persons' (as defined in Regulation S under the Securities Act of 1933). No securities have been, nor will be, registered under the Securities Act or any securities laws of any state or other jurisdiction of the United States and may not be offered, sold, or otherwise transferred except in a transaction exempt from, or not subject to, the registration requirements of the Securities Act and any other applicable securities laws. The information contained in this presentation has been prepared without taking account of any person’s investment objectives, financial situation or particular needs and nothing contained in this presentation constitutes investment, legal, tax or other advice. The information provided in this presentation may not be suitable for your specific needs and should not be relied upon by you in substitution of you obtaining independent advice. Subject to any terms implied by law and which cannot be excluded, EOS accepts no responsibility for any loss, damage, cost or expense (whether direct or indirect) incurred by you as a result of any error in, omission from or misrepresentation in this presentation. 2 Electro Optic Systems DISCLAIMER AND IMPORTANT NOTICES Presentation of Information All financial information has been prepared in accordance with Australian Accounting Standards. Certain financial data included in this presentation is ‘non IFRS financial information’. The Company believes that this non IFRS financial information provides useful insight in measuring the financial performance and condition of EOS. Readers are cautioned not to place undue reliance on any non IFRS financial information including ratios included in this presentation. These measures have not been subject to audit or review. The financial data in this presentation is provided on a statutory basis but in a non-statutory presentation format (unless otherwise stated). • Currency: all amounts in this presentation are in Australian dollars unless otherwise stated. • Financial years: FY refers to the full year to 31 December, 1H refers to the six months to 30 June, and 2H refers to the six months to 31 December. • Rounding: amounts in this presentation have been rounded to the nearest $0.1m. Any differences between the amounts in this presentation and the financial statements are due to rounding. Totals may not add due to rounding. Product Development This presentation includes information about potential future product developments. Users are cautioned that new product development work can take up to five years & more for new products to be developed and launched. Following the initial commercial launch, it can take a further two to three years and more for newly launched products to reach commercial maturity and achieve meaningful sales revenue. There is no guarantee that it will be possible to achieve product development launch dates or meaningful commercial sales from new products. Third Party Information and Market Data The views expressed in this presentation contain information that has been derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, reliability, adequacy or completeness of the information. This presentation should not be relied upon as a recommendation or forecast by EOS. Market share information is based on management estimates except where explicitly stated otherwise. No Liability or Responsibility The information in this presentation is provided in summary form and is therefore not necessarily complete. To the maximum extent permitted by law, EOS and each of its subsidiaries, affiliates, directors, employees, officers, partners, agents and advisers, and any other person involved in the preparation of this presentation disclaim all liability and responsibility (including without limitation, any liability arising from fault or negligence) for any direct or indirect loss or damage which may arise or be suffered through use or reliance on anything contained in, or omitted from, this presentation. EOS accepts no responsibility or obligation to inform you of any matter arising or coming to its notice, after the date of this presentation, which may affect any matter referred to in this presentation. This presentation should be read in conjunction with EOS’ other periodic and continuous disclosure announcements lodged with the ASX. General Information Statements made in this presentation are made only as at the date of this presentation. The information in this presentation should be read in conjunction with EOS’s other periodic and continuous disclosure announcements lodged with ASX. The information in this presentation remains subject to change without notice. Circumstances may change and the contents of this presentation may become outdated as a result. EOS may in its absolute discretion, but without being under any obligation to do so, update or supplement this presentation. 3 Electro Optic Systems AGENDA 4 1H 2026 SUMMARY → Highlights → Strategic Context → High Energy Laser Weapon Update → MARSS Update → Order Book → Business Development Update FINANCIAL RESULTS → Financial Performance → Divisional Performance → Cashflow GROWTH OPPORTUNITIES AND OUTLOOK → Strategy → Summary and Outlook Electro Optic Systems THE COUNTER DRONE COMPANY 1H 2026 SUMMARY DR. ANDREAS SCHWER, MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER 5 Electro Optic Systems STRONG MARKETS Global tensions and technological advancements continue to support elevated levels of global defence spending EVOLVING PARTNERSHIPS EOS has formed partnerships with a range of strategically important parties to accelerate market access and growth in key markets COMMERCIAL DELIVERY The ongoing growth of EOS’ Order Book and Revenue is demonstrable evidence of the commercial benefits from earlier investments made 1H 2026 STRATEGIC & OPERATIONAL HIGHLIGHTS 1H 2026 has been characterised by the MARSS acquisition, strong markets and growth in the order book EOS IS WELL POSITIONED TO CAPITALISE ON ELEVATED DEMAND OPERATIONAL EXCELLENCE Despite surging demand and complex supply chains, EOS has delivered on urgent customer requirements. EOS’ world-first High Energy Laser Weapon (HELW) export contract remains on schedule STRATEGIC INVESTMENTS EOS acquired an AI-enabled C2 solution (MARSS). We continue to assess the market for strategic opportunities that are accretive to shareholder value ROBUST GROWTH OUTLOOK FOR DEFENCE EOS believes we are in a defence spending super-cycle and expects strong growth continuing for the foreseeable future 6 Electro Optic Systems 1H 2026 FINANCIAL HIGHLIGHTS 1H 2026 has been characterised by strong markets and growth REVENUE $168.8m up 283% or $124.7m on 1H 2025 GROSS MARGIN %1 58% down from 76% on 1H 2025 UNDERLYING EBITDA2 $21.6m up $36.5m on 1H 2025 UNRESTRICTED CASH $256m up $149m from 31 Dec 2025 UNCONDITIONAL ORDER BOOK ~$846m up 84% from 31 Dec 2025 CONTRACTS SIGNED3 $303m (10 orders) Compared to $75m (8 orders) in 1H 2025 HIGH-ENERGY LASER WEAPON Factory Opened Formal opening February 2026 STATUTORY NPAT ($33.7)m improved $11.1m on 1H 2025 SECURED FUNDING $100m Term Loan $30m undrawn at 30 June 2026 MARSS ACQUISITION4 $51m Upfront cash consideration 1. Gross Margin % represents the direct margin on materials and certain direct manufacturing costs. Gross Margin % is not audited. 2. Underlying EBITDA is a non-IFRS measure and comprises net profit after tax, adjusted to exclude tax, net finance costs, depreciation and amortisation, foreign exchange and other non-recurring non trading items impacts. A reconciliation between the net profit after tax and Underlying EBITDA is set out on slide 31. The directors consider it useful as it enables readers to obtain an understanding of results from operations. Underlying EBITDA is not audited. 3. Excludes MARSS orders signed before the completion of the acquisition 4. In addition, an earnout valued at up to €140m, payable in EOS shares and cash (up to €20m), contingent on order intake in the period ending on 20 May 2027 INVENTORIES $68.8m down $11.9m from 31 Dec 2025 TOTAL HEADCOUNT 534 Compared to 376 at 30 June 2025 1H 2026 RESULTS POSITIONED FOR GROWTH TARGETED INVESTMENT UNDERWAY 7 OUR PLATFORMS High-Energy Laser Weapons 100kW+ class laser weapons with instant engagement and unlimited magazine, mountable on fixed or mobile platforms, scalable from counter-drone to missile defence. Kinetic Defeat Systems Highly accurate remote weapon systems with built-in AI target identification and tracking. Development of hit-to-kill interceptor with advanced AI to counteract intelligent threats. Laser-Based Space Control Systems Optical sensors & effectors for space awareness (detecting & tracking) as well as active applications, such as blinding, moving or disabling satellites and space debris. Integrated Counter- Drone Systems NiDAR AI command and control (C2) fusing domain and manufacturer-agnostic sensors and effectors into one operational picture. AI- enabled drone defence, directing the right effector onto the right target. 8 Electro Optic Systems MEGATREND 1 Electro Optic Systems Drones have redefined modern warfare Source: Ukrainian Air Force via Petro Ivaniuk, data as of March 2026. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 Cumulative Russian attacks in Ukraine since September 2022 Drones Missiles 84k 8k Jan ‘23 Jan ‘24 Jan ‘25 Jan ‘26 80% of casualties are now caused by drones More casualties than every other weapon combined. Ukraine plans to build >7m drones in 2026 Up from 4 to 5 million produced in 2025 In Ukraine, drones create 40km kill zones Anything that moves is spotted and attacked. The UAE was hit by >300 of Iranian drones in a single day Increasingly large and autonomous drone swarms will soon become the norm. 9 THE PROBLEM Too Expensive Defending against $500 drones with equipment such as $4m Patriots is unsustainable. Countermeasures needs to match the cost-asymmetries of cheap, effective threats. Traditional defence systems fail on five fronts Too Inflexible Threats now evolve at software speed. New drone types and tactics appear daily, while procurement cycles of hardware-locked systems can't keep up. Too Slow Engagement windows are collapsing; faster drones, closer launches, and swarm attacks cut detect-to-fire time to seconds. Kill chains need to speed up. Too Siloed Sensors, effectors, and C2 are fragmented without a shared picture, so the system cannot always match the right response to each threat. Modern drones exploit those gaps. Too Manual Human operators can't track and engage hundreds of threats at once. Against swarm attacks, the operator’s attention becomes the bottleneck. Electro Optic Systems 10 THE EOS SOLUTION A complete counter-drone platform for modern warfare MULTI-DOMAIN, INTEROPERABLE C2 Connecting different manufacturers' sensors and effectors across the land, sea and air to create a single counter-drone operating picture THREAT-MATCHED COUNTER-DRONE EFFECTORS Product portfolio of cost- effective effectors to counter asymmetric threats of different size, altitude or range, with a low cost-per-kill. FULLY AUTONOMOUS DRONE DEFENCE AI runs detection, tracking, response selection, target handover and engagement as one loop, from detection to kill in under 10 seconds. SOFTWARE-BASED & UPGRADEABLE Flexibly upgradeable via software updates to counter new threat tactics, add new capabilities, sensors and effectors from any prime. MULTI-THREAT ENGAGEMENTS AI weapon-to-target assignment lets one human operator track and engage hundreds of simultaneous threats. Electro Optic Systems 11 AUTOMATED DRONE DEFENCE Electro Optic Systems Drone swarm attacks require automated solutions DATA INPUT Engagement outcome is continuously monitored and re-engagement possible. DETECTION Objects are detected and tracked across domains, with multiple sensors in real-time. IDENTIFICATION Objects are analysed, classified and prioritized, predicting path & outcome. DATA FUSION Data from heterogenous sensors are fused into a single operating picture. CONFIRMATION Human-on-the-loop selects preferred action and confirms engagement. RECOMMENDATION NiDAR recommends most appropriate countermeasures for threat elimination. ENGAGEMENT NiDAR executes chosen action autonomously with full effector control. 12 NIDAR C2 ARCHITECTURE Fusion of multi-domain sensor data to create a dynamic common operating picture Autonomous Surveillance Networked, fixed surveillance Local & remote C2s Undersea Ground Surface Open-Source Intelligence Legacy Effectors Third-Party Effectors EOS Effectors Air NiDAR C2, Operator view NiDAR Sensor Fusion Electro Optic Systems 13 EOS PARTNERS & CLIENTS INTEGRATION CASE STUDIES PRODUCT PARTNERSHIPS SELECTED END-USERS Integrated into the products and systems developed and distributed by some of the world’s largest defence primes. EOS enters strategic partnerships with established defence industry leaders to meet specific end-user requirements. Tested, approved and deployed with multiple active militaries, fulfilling all standards and requirements. Electro Optic Systems EOS works with a range of partners to serve end-users 14 GLOBAL LEADERS IN HIGH-ENERGY LASER WEAPONS (HELW) HELWs delivers a cost effective solution for counter-drone <$10 per shot with an unlimited magazine running off electrical power. Designed to kill 20-30 drones a minute at short range and cover the vertical overhead that traditional guns cannot reach. Uniquely advantageous market position EOS is well advanced compared to European competitors; U.S. systems are export-blocked and other suppliers are constrained in their ability to localise production into the client’s country. Built to scale into a core revenue driver Average value of HELW contracts far exceed remote-weapons-system contracts. Singapore factory designed for 20 systems a year. Opportunity pipeline developing. Development of 300kW variant planned. Electro Optic Systems 15 GLOBAL LEADERS IN HIGH-ENERGY LASER WEAPONS (HELW) Production footprint established Formal opening of new Singapore manufacturing facility in February 2026. Expansion of laser team, technology, resources and capabilities underway. Actively pursuing a wide range of opportunities EOS employs multiple different go-to-market strategies to grow the HELW order book. This includes direct sales, partnering with local champions and selling through intermediaries. EOS is pursuing HELW opportunities in Germany, France, Italy, Turkey, UAE, Saudi, Korea, Australia and other markets. Electro Optic Systems Case Study: HELW contract with Netherlands MoD → Signed a global first export contract for the export of a 100kW laser weapon worth €71.4m (A$125m), three-year contract with the Netherlands MoD. → Critical Design Review (CDR) passed in Q2 2026. → Ongoing discussions with customer re: potential scope increase and timing acceleration. 16 UPDATE ON MARSS ACQUISITION Electro Optic Systems MARSS has secured ~A$200m in orders in 2026 Case Study: New contract with Middle Eastern military customer → As disclosed on 15 May 2026, MARSS entered into a £85m (~A$160m) contract with an existing Middle Eastern military customer to support the national defence force → Contract expands MARSS’ existing installation, delivering country-wide drone detection and mitigation capability – with NiDAR C2 software at its core → Urgent operational need sees the contract expected to be substantially implemented during 2026 & 2027 - approximately 70% of revenue and cash expected to be earned in that period NiDAR is proven on the battlefield MARSS’ NiDAR system has successfully protected critical infrastructure targets in the Middle East against multiple Shahed drone and missile attacks. Operational success is accelerating demand Due to performance in an active conflict zone, MARSS is seeing accelerated customer enquiry and interest in its integrated turn-key counter- drone capabilities. MARSS has several additional potential future opportunities with contract values exceeding A$100m, though there can be no guarantee that such contracts will be entered into. MARSS acquisition recap → EOS announced that it had completed the acquisition of MARSS on 20 May 2026 → Upfront cash consideration of US$36m was paid in May 2026 → Earnout capped at €140m, paid in EOS shares and cash (up to €20m), linked to order intake prior to 20 May 2027 → Earnout to be earned in 3 tranches (90 days1 , 210 days and 365 days after completion) → See 15 May 2026 announcement for further details 1. On 20 August 2026, the vendors of MARSS agreed with EOS that the tranche 1 period of the earnout had been completed with €120.3m of qualifying orders received. Assuming the vendors elect to receive all shares, this would equate to approximately 5.7m EOS shares vesting in tranche 1. 17 ORDER BOOK DEVELOPMENT UNCONDITIONAL ORDER BOOK ($m) Order book grew 84% from December ‘25 to June ‘26 126 330 507 115 98 10 14 16 225 136 459 Dec-24 Dec-25 Jun-26 RWS HELW Space MARSS Note: excludes EM Solutions, divested in January 2025. Does not include the conditional Korean contract valued at US$80m. Order Book is subject to certain contracts that were entered into by the legacy MARSS business being novated to EOS. This is subject to applicable processes and consents. 846 55% 16% 14% 11% 1% 3% ME AUS EU Americas Asia Other BREAKDOWN OF CURRENT ORDER BOOK 18 Electro Optic Systems BUSINESS DEVELOPMENT UPDATE EOS continues to develop a deep and diversified pipeline of sales opportunities. HELW and integrated counter-drone opportunities have grown strongly. Note: This page shows a certain opportunities in EOS’ pipeline. There is no certainty that any contracts will be secured, the timing of these contracts being secured or that any particular outcome or transaction will result from the above discussions and negotiations. Some opportunities are multi-year and if contracts are secured, the indicated revenue may be spread over several years. NOTABLE OPPORTUNITIES ESTIMATED SIZE (A$M) CUSTOMER TYPE REGION SYSTEM US Army follow-on opportunities $20m-$50m Existing North America Slinger System upgrade to Slinger $50m-$100m Existing Middle East R400 Next-generation RWS program >$200m Existing Middle East R500 German tender for vehicle protection ~$700m Existing Europe R150 LAND 8710 Landing Craft Medium and Heavy $20m-$50m Existing Australia R400 LAND 156 – Procurement Phase >$100m Existing Australia Slinger Follow-on low-rate production HEL >$300m Existing Europe HELW Other HELW opportunities 3 X >$200m New Various HELW MARSS country-wide defence >$500m New Middle East Integrated counter-drone MARSS follow-on contract >$150m Existing Middle East Integrated counter-drone MARSS new customer 3X >$100m New Various Integrated counter-drone 19 Electro Optic Systems MEGATREND 2 Space has become a critical military domain 39 Russian and Chinese reconnaissance satellites regularly orbit over Europe Moscow and Beijing aim to “disrupt, jam, manipulate, or even physically destroy satellites.”* >25% of all flights in the Baltics were jammed by Russian attacks in 2025 123,000 flights in just 4 months were affected, including GPS jamming of the plane of EC President Ursula von der Leyen. Germany alone will spend €35bn on space defence by 2030 Equivalent to the entire budget of European Space Agency. Covers hardened systems, surveillance, guardian satellites and operations centre. Only three powers can disrupt a satellite constellation in orbit Only the US, Russia and China hold significant arsenals spanning electronic warfare, direct- ascent missiles and directed energy / lasers. *Statement by Boris Pistorius – Minister of Defence of Germany EOS CAPABILITIES ARE BEING SOUGHT TO DEFEND EUROPE 20 Electro Optic Systems 21 THE COUNTER DRONE COMPANY 1H 2026 FINANCIAL RESULTS CLIVE CUTHELL, CHIEF FINANCIAL OFFICER & CHIEF OPERATING OFFICER Electro Optic Systems Revenue increased by $124.7m on 1H 2025, primarily due to increased Defence contract wins and execution thereof. Gross Margin %1 of 58% was a 18% decrease compared to 1H 2025 which had the benefit of income associated with the finalisation of a contract in the Middle East. Underlying EBITDA2 increased by $36.5m primarily due to higher revenue in the period. This was partially offset by lower Gross Margin% and increased operational costs. EBIT includes a beneficial foreign exchange movement being offset by an adverse change in non-recurring non-trading items. See page 31 for more details. Finance Costs decreased by $17.8m largely due to a debt “make whole” payment in 1H 2025. NPAT increased by $11.1m, including the lower net finance costs ($17.8m), offset by an increased tax expense ($5.2m). 1H 2026 FINANCIAL PERFORMANCE 1. Gross Margin represents the direct margin on materials and certain direct manufacturing costs. Gross Margin and Gross Margin % is not audited. 2. Underlying EBITDA is a non-IFRS measure and comprises net profit after tax, adjusted to exclude tax, net finance costs, depreciation and amortisation, foreign exchange, and other non-recurring non trading impacts. A reconciliation between the net profit after tax and Underlying EBITDA is set out on slide 31. The directors consider it useful as it enables readers to obtain an understanding of results from operations. Underlying EBITDA is not audited. 1H 2026 was the highest revenue and Underlying EBITDA outcome in EOS’ history A$M (CONTINUING OPERATIONS) 1H 2026 1H2025 VAR Revenue 168.8 44.1 124.7 Gross Margin %1 58% 76% 18% Underlying EBITDA2 21.6 (14.9) 36.5 EBIT (31.7) (30.2) 1.4 Net Finance Income/(Costs) 2.8 (15.0) 17.8 NPAT (33.7) (44.8) 11.1 42.3 54.2 105.5 44.1 168.8 67.1 107.8 71.0 84.4 2022 2023 2024 2025 2026 H2 H1 0% 20% 40% 60% 80% 100% 2022 2023 2024 2025 H1 26 Australasia Middle East North America Europe REVENUE (CONTINUING OPERATIONS), A$M REVENUE (CONTINUING OPERATIONS), BY GEOGRAPHY % 22 1H 2026 SEGMENT PERFORMANCE → Revenue increased by 322% on prior corresponding period largely due to higher activity as existing and new contracts were delivered. Defence Systems continued to grow the order book in the period. → Underlying EBITDA (including allocated corporate costs) increased by $36.0m on prior corresponding period largely driven by increased revenue → Revenue decreased by 4% on prior corresponding period → Underlying EBITDA (including allocated corporate costs) decreased $1.4m on prior corresponding period due to higher material costs associated with contract delivery. Notes: 1.Underlying EBITDA is a non-IFRS measure and comprises net profit after tax, adjusted to exclude significant items such as tax, net finance costs, depreciation and amortisation foreign exchange, and other non-recurring non trading impacts. A reconciliation between the net profit after tax and Underlying EBITDA is set out on slide 31. The directors consider it useful as it enables readers to obtain an understanding of results from operations. Underlying EBITDA is not audited. The above analysis does not include unallocated corporate costs. A full reconciliation can be found on slide 32 DEFENCE SYSTEMS (incl. MARSS) SPACE SYSTEMS A$MIL 1H 2026 1H 2025 VAR Revenue 163.7 38.8 124.9 Underlying EBITDA1 (incl. corp allocations) 22.9 (13.1) 36.0 A$MIL 1H 2026 1H 2025 VAR Revenue 5.1 5.3 (0.2) Underlying EBITDA 1 (incl. corp allocations) (2.1) (0.7) (1.4) 23 Electro Optic Systems 1H 2026 CASHFLOW During 1H 2026 narrowed the operating cash outflow and strengthened the balance sheet. The focus on cash discipline will continue A$MIL 1H 2026 1H2025 VAR Receipts from customers 138.9 100.8 38.1 Payments - suppliers, employees, interest and other (147.0) (110.0) (37.0) Operating cash flows (8.1) (9.2) 1.1 Investing cash flows (107.2) 97.9 (205.1) Sub-total (115.3) 88.7 (204.0) Financing cash flows 262.5 (50.8) 313.3 Net cash flow 147.2 37.9 109.3 FX effect 2.0 0.1 1.9 Change in cash balance 149.2 38.0 111.2 At balance date: Cash and cash equivalents 256.0 90.3 165.7 Plus Security deposits for guarantees 70.2 51.9 18.3 Operating cash flow includes: → Receipts from customers were higher due to increased activity levels and milestone achievements. 2025 includes a significant (~$60.0m) cash receipt from finalisation of a long- standing Middle East contract → Payments to suppliers and other costs increased with these increased activity rates Investing cash inflow includes: → Upfront consideration cost for MARSS ($51.2m) → Cash to support security deposits ($28.9m) → Payments for PPE and Intangibles ($21.1m) → Prior period included proceeds from sale of EM Solutions ($153.3m) Financing cash outflow includes: → Funds received from equity capital raising ($200m) → Funds frown drawing down Term Loan Facility ($70m) Disciplined approach will continue: → Focus on contract execution, customer delivery, cash collection → Despite higher activity levels inventory levels are $11.9m lower than Dec 2025 Balance Sheet Strength → Cash at bank $256.0m, at 30 June 2026 → Further $30.0m equity raise proceeds received in July 2026 → Term Loan Facility $100m with $30m undrawn 24 Electro Optic Systems 25 THE COUNTER DRONE COMPANY CONCLUSION DR. ANDREAS SCHWER, MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER Electro Optic Systems VALUE GROWTH STRATEGY 26 EOS believes it is well positioned to grow sustainably in the short and longer terms 1-3 YEARS DEFEND & GROW 2-5 YEARS NURTURE 3-10 YEARS SEED REMOTE WEAPON SYSTEMS SPACE CONTROL HIGH-ENERGY LASER WEAPON ROBUST ORGANIC GROWTH OPPORTUNITIES: → Remote Weapons Systems → Counter-drone variants → AI-enabled C2 for counter-drone defence → Regional expansion SIGNFICANT EMRGING MARKETS: → High-Energy Laser Weapons → Space Control KEY FOCUS AREAS: → Commercialising/growing significant IP assets → Developing software moat → Implementing go-to-market strategies → Maintaining capital discipline TIME AI-ENABLED C2 SYSTEMS COUNTER-DRONE 26 Electro Optic Systems SUMMARY AND OUTLOOK EOS has continued to execute its growth strategy. Markets are very strong and we plan to continue growing. SUMMARY → Market conditions remain supportive → Focused growth strategy - Counter-drone and Space Control → MARSS acquisition transforms EOS into a prime integrator → Strengthened balance sheet to support growth → EOS provides guidance for FY26 revenue of $360m - $400m for the business, including MARSS1 HIGH-ENERGY LASERS REMOTE WEAPONS SYSTEMS SPACE INTELLIGENCE AND CONTROL MARSS C2 NiDAR 27 1. Based on contracted, unconditional work as at 25 August 2026. Outlook assumes that there is no unforeseen significant deteriorations in global supply chains or other factors that could impact EOS production activity, delivery to customers or other factors that impact revenue recognition by EOS COUNTER DRONE SPACE CONTROL Electro Optic Systems