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XTEK LTD INVESTOR UPDATE

02 June 2022

PRESENTED BY: SCOTT BASHAM

GROUP CHIEF EXECUTIVE OFFICER

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  • Undertaken strategic review, appointed new management team and refreshed the board.
  • Company has capitalised on macro tailwinds within the defence sector and has built a strong reputation under the global HighCom Armor brand.
  • High margin contracts (A$64.4m since March) and strong cash flow that builds foundations for the company to pursue organic and inorganic growth opportunities.
  • The company continues to see increased procurement inquiries as a result of heightened global tension.

SUMMARY

KEY UPDATES

2

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XTEK GROUP

XTEK Limited

XTEK Group is an ASX listed international Defence Industry company.

The Group operates as two distinct divisions - Ballistics Division (HighCom Armor) & Technology Division.

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Ballistics Division

Focused on designing, manufacturing, and supplying global military, law enforcement, and first responder customers with world-class, advanced personal protection ballistic products and solutions under our HighCom Armor global brand for:

  • Body Armour
  • Ballistic Helmets
  • Composite Structures

Technology Division

Focused on manufacturing and supplying global Defence and Security Agencies with world-leadingAustralian-made and globally sourced:

  • Systems - UAVs & UGVs solutions
  • Sensors - Detection & Optical Payloads
  • Software - 3D Mapping & Modelling SW
  • - Tactical Situational Awareness SW
  • Support - System Integration, Training, & Service Support

3

50%

50%

42%

58%

Capital Structure (31/05/2022)

Shares Outstanding

100,620,244

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Share Price

A$0.395

Market Capitalisation

A$39.74m

12 Month Share Price Range

A$0.165- A$0.50

Cash Balance (31/12/21)

A$4.49m

Borrowings (31/12/21)

A$1.78m

Senior Executive Management

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Scott Basham

Group CEO

David Brooking

CFO

Michael Bundy

CEO - HighCom Armor

Board of Directors

Mark Stevens

Non-Executive Chairman

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Christopher Fullerton

Non-Executive Director

Christopher Pyne

Non-Executive Director

Mark Smethurst

Non-Executive Director

Ben Harrison

Non-Executive Director

Laurie Gardiner

Company Secretary

Share Price (A$)

0.60

0.50

0.40

0.30

0.20

0.10

0.00

CORPORATE SNAPSHOT

XTEK Limited

4.5

4.0

3.5

3.0

(millions)

2.5

Volume

2.0

1.5

Traded

1.0

0.5

-

Volume

Share Price

4

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BALLISTICS DIVISION UPDATE

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Disclaimer

Xtek Limited published this content on 01 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2022 00:11:10 UTC.