DroneShield and Allen Vanguard

DroneShield Limited (ASX:DRO) (“DroneShield” or the “Company”) an Australian/US provider of
Artificial Intelligence based platforms for protection against advanced threats such as drones and
autonomous systems and Allen-Vanguard, a US owned provider of C-IED solutions with facilities
in the UK & North America, have today announced a partnership between their companies.

Both companies are respective global leaders in their fields. DroneShield’s C-UAS solutions
include a variety of multi-mission AI-powered C-UAS platforms such as RfPatrolTM body-worn
sensor, DroneGunTM portable countermeasure, DroneSentry-XTM on-the-move system and
DroneSentry base protection system. Allen-Vanguard have an extensive C-IED history and
portfolio of solutions that has been bolstered in recent years by their ANCILETM C-UAS system, an
operationally proven and highly effective RF Countermeasure.

Oleg Vornik, DroneShield CEO, commented, “Many of our customers have mission sets that
require both C-UAS and C-IED solutions. By combining our solutions, both from technical and
commercial distribution point of view, we can provide a more complete offering to the existing
respective customers of both companies, as well as collaborate on channels to market. There are
presently a number of active combined opportunities that we are excited to be pursuing.”

DroneShield

Michael Dithurbide, Allen-Vanguard President, commented, “Allen-Vanguard comes from a rich,
multi-decade C-IED heritage, providing scores of Tier 1 militaries globally with effective and robust
capability solutions. With C-UAS a rapidly rising and often overlapping threat, we are pleased to
partner with DroneShield, a leader in this space, to collaborate from a technical and commercial
perspective to meet the exacting needs of our global customer base.

This announcement has been approved for the release to ASX by the Board.