Orbital : Investor Presentation

Investor Roadshow

October 2018

Cautionary statement

This presentation includes statements looking-forward that involve risks and uncertainties. These statements are based upon management's expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of the Company, that could cause actual results to differ materially from such statements. Actual results and events may differ significantly from those projected in the forward-looking statements as a result of a number of factors including, but not limited to, those detailed from time to time in the Company's Annual Reports. Orbital makes no undertaking to subsequently update or revise the forward-looking

statements made in this presentation to reflect events or circumstances after the date of this release.

Emerging world leader in tactical

UAV propulsion systems and

flight critical components

Recent highlights

• • UAV focused strategy

• • A$22 million revenue in FY18

• • Purpose built U.S. facility operational

• • Launch of Modular Propulsion Solution

• • Awarded supply contract for two

  Insitu Inc. designed engines

• • Long Term Agreement expanded, potential value A$350 million over five years

Where we compete

Combat UAV

CURRENTFOCUS

Tactical UAVMini UAV

• • Price per aircraft: $55 million - $65 million*

• • Payload: up to 1,700 kg

• • Length: up to 11 m

• • Wingspan: up to 20 m

• • Max endurance: 27 hours

• • Max altitude: 50,000 ft

• • Price per aircraft: $2.5 million - $4 million per system**

• • Payload: up to 5 kg

• • Length: up to 2 m

• • Wingspan: up to 5 m

• • Max endurance: 24 hours

• • Max altitude: 20,000 ft

• • Price per aircraft: ~$180,000 per system***

• • Payload: up to 3.5 kg

• • Length: up to 0.9 m

• • Wingspan: up to 1.5 m

• • Max endurance: 60-90 minutes

• • Max altitude: 500 ft

* Includes aircraft, sensors, ground control stations, and communications | ** Includes air vehicles or AVs, a ground control station, remote video terminal, launch system and recovery system *** Includes UAVs, ground control stations and spare parts