Things connected Naturally

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1 Things connected Naturally May 2016 Telepäivä, Espoo, Sebastian Linko

2 Wirepas - device connectivity for large scale IoT applications De-centralized radio communications protocol software Reliable, optimized, scalable and simple to use For various IoT applications Unique technology and business model Growing and sustainable market HQ in Finland - offices in Brazil, South-Korea, France and the United States. Things connected - Naturally 6/7/2016 2

3 Milestones thus far Tampere University of Technology - research on the radio frequency mesh technology Company was founded. Focused on sensor connectivity and hardware. Traction especially in Finland Teppo Hemiä joined as the CEO Company changed its strategy. Focused on the unique protocol software only million smart meters in Nordic. Series-A funding New leadership team Things connected - Naturally 6/7/2016 3

4 Our strategic focus Connectivity Software Large-scale Ecosystem We are focused on providing the most reliable, optimized, scalable and simple to use device connectivity to our customers. We are focused on the software for de-centralized device connectivity and nothing else. We focus on large scale IoT applications where we can create unique value and an optimized solution for our customers. We focus on building partnerships so that we can together offer turn key solutions for end customers. Things connected - Naturally 6/7/2016 4

5 End to end IoT made easy Device Network Collect Store Analyze and act Devices + radio hardware + connectivity protocol Gateway; cellular, WiFi, Ethernet Database local or cloud based Back end system + user interface Things connected - Naturally 6/7/2016 5

6 We license the protocol The customer delivery includes the protocol firmware and the network diagnostics tool for monitoring the status and operation of the network. Volume pricing: One-time license fee and onetime royalty/device No recurrent charge for communication The device brings the network Things connected - Naturally 6/7/2016 6

7 We focus on large-scale industrial and infrastructure IoT Optimized Smart meters Sensors Beacons We take the application requirements as the starting point. We optimize the protocol according to the applications needs to achieve the optimized solution. For us, technology is the enabler, not the starting point. Electricity Gas Environmental sensoring Preventive maintenance Positioning Advertising Because of the unique architecture of Wirepas Connectivity we are able to optimize it to different application requirements. We have made special configurations of our connectivity to fit the needs of electricity meters, sensors and beacons for example. Water Logistics Asset Tracking Content delivery The Wirepas Connectivity protocol stack is a single non-branched asset. Control Things connected - Naturally 6/7/2016 7

8 Market growing and developing rapidly Addressable Market IoT connectivity Wirepas estimates based on market studies that in 2022 about 15 billion devices will be connected with noncellular technologies and out of these about three billion represent annual addressable market for Wirepas. Things connected - Naturally 6/7/2016 8

9 Unique business model Technology Ecosystem Commercial Model Three pillars: Multifarious partnership model Protocol stack and diagnostic tools licensing De-centralized Network Management System Things connected - Naturally 6/7/2016 9

10 The strategic roadmap people New strategy Licensing business model Product renewal for the business model First lead focus in AMR R&D and engineering improvements people Series A funding Leadership team build up Internationalization kick off - USA, France New segments prepare - Water, Lightning, Solar, Beacons people Series B Investment Global scale build +5 countries Several new segments Network diagnostics and tools Ecosystem and partnerships build up Tens of licensees Brazil, USA, Germany, India, South-Korea people Billion things connected Technology and market leadership in chosen segments Partnerships with global segment leaders. Continuous advanced new product releases Things connected - Naturally 6/7/

11 All the right pieces at the right time People Cash Strategy and Vision Execution Business model Things connected - Naturally 6/7/

12 Wirepas has an experienced leadership with diverse backgrounds Teppo Hemiä, CEO Youssef Kamel, VP Business Development Jani Vehkalahti, VP Sales Sebastian Linko, VP Marketing and Communications Ville Kaseva, CTO Jussi Numminen, Head of radio strategy and IPR Hannu Hirvi, Head of R&D Carl-Erik Mattila, CFO Things connected - Naturally 6/7/

13 Our vision Our vision is to connect for good. We make an impact to the world we are living in by enabling improvements in energy, material and operational efficiency. Our target is to connect 1 billion devices for good before Things connected - Naturally 6/7/

14 Things connected Naturally. In nature things organize themselves in the most efficient, optimized and simple way. The things are communicating making autonomous decision based on the de-centralized protocol that is optimized to fulfill the need as efficiently as possible nothing more, nothing less. This is also what Wirepas is all about.

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