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1 Cirrus Networks Limited The Next-generation IT Solutions Integrator Investor Presentation May 2016

2 Capital Structure / Cash Shareholder Breakdown Capital Structure Shareholder Breakdown CEO & Founder Directors Other Senior Management Institutions Retail Shares ( 000) 145,395 66,396 53,930 31, , ,426 % Share 23.2% 10.6% 8.6% 5.0% 52.6% Capital Structure 31 March 2016 Shares on Issue Unlisted Options Fully Diluted Share Capital Milestone Shares Holders 1,463 Shares ( 000) 626,426 71, ,926 CEO & Founder 23.2% Milestones Milestone 1 Revenue Milestone 2 EBIT Milestone 3 EBIT $000 $12,000 $2,000 $4,000 Ordinary Shares 50,000,000 25,000,000 17,500,000 Retail 52.6% Institutions 5.0% Other Senior Management 8.6% Directors 10.6% Market Cap (@3c) Cash (as at 31 March 2016) Board of Directors $18.8 m $ 3.6 m Frank Richmond CEO & Managing Director Matthew Sullivan Exec Director Andrew Milner Non-Exec Chairman Patrick GlovacNon-Exec Director Daniel Rohr Non-Exec Director

3 Timeline Snapshot

4 Cirrus Group Consulting / Integration Enterprise integration projects delivered with key vendor partners, following defined project management methodology. Technical Capability Blue Chip Clients Project Excellence Managed End to end managed services resulting in annuity revenue proceeding large-scale integration projects Enterprise Cloud Infrastructure Service Excellence High Margin

5 Annuity Contract Profile Managed End to end managed services resulting in annuity revenue proceeding large-scale integration projects Enterprise Cloud Infrastructure Service Excellence High Margin $'000 5,000 Managed Services - Signed/Added 4,000 3,000 2,000 1,000 0 Q1 Q2 Q3 Cumulative Total Contracts Signed / Added FY15 0 FY16-18

6 FY16 Revenue $,000 $6,000 $5,603 Infrastructure Services $5,000 $4,000 $4,730 $4,405 $4,106 Managed Services $3,000 Previous Year (PY) $2,000 $1,412 $1,885 $1,000 0 Q1 PYQ1 PYQ2 PYQ3 Q2 Q3 PY Q1 Q1 PY Q2 Q2 PYQ3 Q3 Infrastructure Services $1,412,234 $1,808,795 $4,730,895 $4,168,856 $4,106,451 $5,063,998 Managed Services $77,104 $237,130 $539,481 $1,412,234 $1,885,899 $4,730,895 $4,405,986 $4,106,451 $5,603,478

7 Cash Movement $ , Cash Beginning One-off Legacy Costs Adjusted Opening Cash Capital Raising (Net) Asset Investment Operating Cash Q1 Q1 Cash Balance L7 Investment Operating Cash Q2 Q2 Cash Balance Operating Cash Q3 Q3 Cash Balance

8 The Cloud that Cirrus built Cloud Opportunity Current utilisation at 10% of base infrastructure Ability to add 300+ additional workloads Scalable architecture in capacity Cost efficient architecture for expansion

9 L7 Acquisition As Announced to ASX - 3 Dec Acquired L7 Solutions from Vocus for $500k Provides scale in managed service business and increased capability and expertise Accelerate growth in WA and Interstate Acquisition is Delivering : Synergistic benefit around capability Incremental Managed Service Contracts As Announced to ASX - 17 March Fully Integrated (within 90 days) Earnings and Cash positive Enhanced processes particularly PMO Market opportunity in Cisco customers Immediate shareholder value

10 Project Highlight: PCEC - Complete refresh of wireless infrastructure - Supports >10,000 concurrent users - Seamless transition meant only weeks to deploy - Hybrid project Integration Project to Cirrus Managed Service - High-performance wireless network delivers on world-class exhibition facility promise Case Study:

11 Canberra Office As Announced to ASX 26 April Opening Greenfield Canberra office Builds on the growth strategy through geographic expansion Australian government ICT spend in excess of $5 billion Largest single ICT market in Australia Lisa Thorburn appointed as General Manager - Federal 20+ years in ICT and BI within Government

12 Market Opportunity In million new devices will come online every hour. Total globally spent $699b in 2015 expected to grow to $1.3t in 2019 (Source: Gartner) APAC IT Spend 2015 = $743b (Source: Gartner) Aust IT spend in 2015 was $78.7b $28.8b on IT Services Spend predicted to reach almost $80b in 2016 (Source: Gartner) Global Data Requirements 2013 = 4.4 ZB By 2020 = 44ZB

13 12 Month Focus Targeted geographical expansion Additional potential acquisition Growing Market share Continue annuity growth

14 Market Competitor Profile Company Code Activities Market Cap Cash EV Empired EPD IT Services/Solutions $38M $5M $33M Bullet Proof BPF IT Services/Data Storage $65M $5M $60M RXP Services RXP IT Services/Solutions $83M $12M $61M Data#3 DTL IT Services/Solutions $167M $20M $147M ASG Group ASZ IT Services/Solutions $227M $13M $204M Cirrus Networks CNW IT Services/Solutions $19M $3M $16M

15 Contacts Frank Richmond Managing Director Matt Green CFO Matthew Sullivan Executive Director

16 Disclaimer This Presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this Presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection with any acquisition of securities, investors should rely on their own examination of the assets and consult their own legal, business and/or financial advisers. The information contained in this Presentation has been prepared in good faith by Cirrus Networks Limited, however no representation or warranty expressed or implied is made as to the accuracy, correctness, completeness or adequacy of any statements, estimates, opinions or other information contained in the Presentation. To the maximum extent permitted by law, Cirrus Networks Limited its Directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use or reliance on anything contained in or omitted in this Presentation. Certain information in this Presentation refers to the intentions of Cirrus Networks Limited, but these are not intended to be forecasts, forward looking statements or statements about future matters for the purpose of the Corporations Act or any other applicable law. The occurrence of events in the future are subject to risks, uncertainties and other factors that may cause Cirrus Networks Limited s actual results, performance or achievements to differ from those referred to in this Presentation. Accordingly, Cirrus Networks Limited, its Directors, officers, employees and agents do not give any assurance or guarantee that the occurrence of the events referred to in the Presentation will actually occur as contemplated.