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BrainChipHoldingsLtd.CorporatePresentation

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BrainChipOverview• BrainChipisaleadingdeveloperofsoftwareandhardware-acceleratedneuralnetworkingsolutionsforadvancedartificialintelligenceandmachinelearningapplications• Foundedin2013

• Publicin2015ontheAustralianStockExchange,ASX:BRN

• General,AdministrationandSales&Marketing– SanFrancisco,CA

• Designcenters– AlisoViejo,CAandToulouse,France

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BrainChipOverview(Cont’d)• TheCompanyhaspioneeredaspikingneuralnetworkprocessor(SNAP)thatmirrorsthelearningmechanismsofthehumanbrain• Thenetworkrecognizesandlearnsrepeatingpatternsautonomouslyandspontaneouslyfromspikesthatarederivedfromastimulusordatastream

• BrainChipacquiredSpikenetTechnology(Toulouse,France)inSeptember2016• Spikenet hasamaturesoftwareneuralnetwork,“plug-ins”forspecificapplications,andauserinterfacethatallowscustomerstoquicklydeployhigh-performancesolutionsincivil&commercialsurveillanceandmachinevision

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BrainChipTechnology• Artificialintelligenceandneuralnetworking• Serialprocessingvs.parallelprocessing

• Deterministicoutcomevs.probabilityoutcome

• Proprietaryspikingneuralnetwork

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ArtificialIntelligenceModels• Deeplearning• Largedatasets– millionsofsamples

• Longtrainingregimens– weeksormonths

• Requireslargememory

• Autonomouslearning• Supervisedlearning– smallsamplesetswithknownmodels,providesefficientforensicandreal-timeanalytics

• Unsupervisedlearning– smallsamplesetswithnomodels,providesefficientreal-timelearningandanalytics

• Spikingneuromorphicintegratedcircuits• Processrepeatingpatternswithintensityandtemporalintegrityforvision,audio,anddataanalytics

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AFewNeuronsareEnough

Toviewthevideo,pleaseclickonthislink:http://c.eqcdn.com/brainchipinc/files/videos/few_neurons_enough.mp4

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VideoSurveillance

Toviewthevideo,pleaseclickonthislink:http://c.eqcdn.com/brainchipinc/files/videos/people-track.mp4

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ObjectRecognition

Toviewthevideo,pleaseclickonthislink:http://c.eqcdn.com/brainchipinc/files/videos/SNAPfindDemoTShirt.mp4

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LeftLuggage

Toviewthevideo,pleaseclickonthislink:http://c.eqcdn.com/brainchipinc/files/videos/xx_demo_loitering.mp4

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VehicleDetection

Toviewthevideo,pleaseclickonthislink:http://c.eqcdn.com/brainchipinc/files/videos/car+tracking.mp4

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BrainChipCompetitiveLandscape• GeneralVision– ASICpatterncomparators

• Intel– QuarkSEandmicrocontroller

• CEA– researchandIPlicense• TeraDeep– FPGAappliance

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BrainChipInvestmentHighlights• Artificialintelligenceandmachinelearningrepresentoneofthehighestgrowthareasinthetechnologymarket• PublicmarketinvestorshavefewopportunitiestoinvestinAIcompanies

• BrainChiphasbeenapubliccompanysinceSeptember2015andinvestorscontinuetoenjoydemandforthestockandliquidity– ASX:BRN

• TheCompanyhasengagementsforitssoftwareproductsincivil,commercialsurveillance,andmachinevisionapplicationsincludinglawenforcement,airportsecurity,retail,gamingsurveillance,andmachinevisionformanufacturingoperations

• TheCompanyisintegratingitsalgorithms,learningrules,andapplicationspecificplug-insinanFPGAcardsolutionforserveranddatacenterinstallations

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BrainChipStrategicPlan• Markets

• Products• Technology• HumanResources

• FinancialPlan

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BrainChipMarkets

CivilSurveillance CommercialSurveillance MachineVision DataAnalysis

• Advertising• Gaming• Retail• Transportation

• Airports• MassTransit• LawEnforcement• Schools/Universities• Drones

• Manufacturing• Infrastructure• Drones

• FinancialInstitutions• IoTProviders• CyberSecurity

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BrainChipTargetMarkets• Civilsurveillance– airports,lawenforcement,schools/universities,andhomelandsecurity• Airports– intrusiondetectionandalert,leftbaggage,loitering,andfacialrecognition

• Lawenforcement– facialrecognition,car/licenseplateidentification,andleftbaggage

• Schools/universities– facialrecognitionandweaponidentification

• Homelandsecurity– facialrecognition

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BrainChipTargetMarkets(Cont’d)• Commercialsurveillance– advertising,retail,andgaming• Advertising– logorecognition

• Retail– consumertrafficandconsumerbehavior

• Gaming– casino“gameoutcome”,“gamestatistics”,facialrecognition,andplayeridentification

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BrainChipTargetMarkets(Cont’d)• Machinevision– visualinspectionandaugmentedreality• Industrialmissioncriticalassembly

• Industrialhighvolumeproduction

• Medicalimageanalysis

• Masstransit– trafficcontrolandtariff

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BrainChipTargetMarkets(Cont’d)• Financialtransactions– stocktradingtrendsandbankingtransactions• Predictivehighfrequencytradingtrends

• Securebankingthreatdetection

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BrainChipTargetMarkets(Cont’d)• Cybersecurity– advancedthreatdetection• Criticalinfrastructure

• Internet-of-thingsdevices

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BrainChipProducts• Software-definedneuralnetworkswithWindowslibraries

• FPGA-basedPCIe hardware-acceleratedneuralnetworkswithsoftwarelibrariesindevelopment

• Plannedapplicationspecificintegratedcircuit(ASIC)hardware-acceleratedneuralnetworkswithsoftwarelibraries

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BrainChipProductRoadMap

SNAP64

SNVision

SNAPVision

Spikingneuralnetworkcore

S/Walgorithms

H/W-accelerated

AdvancedalgorithmsH/Waccelerated

SNAPVision2.0

Illustrationonly*

*ImplementedwithacommerciallyavailableFPGA

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BrainChipSNAPvision

MultipleSNAPcoresonanFPGA

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BrainChipHumanResources• LouisDiNardo– PresidentandChiefExecutiveOfficer• Exar– PresidentandCEO,CrosslinkCapital– GeneralPartner,Intersil – PresidentandCEO,Xicor –PresidentandCEO,LinearTechnology,andAnalogDevices

• PetervanderMade– FounderandChiefTechnologyOfficer• vCIS (ComputerImmuneSystem)– FounderandCTO,acquiredbyInternetSecuritySystemandlaterIBM,PGS– FounderandCTO,whichdevelopedhighspeedgraphicacceleratorboardsandASICcomputer,andIBM

• AnilMankar– ChiefOperatingOfficer• MindSpeedTechnologies– SVPofEngineering,Conexant– ChiefDevelopmentOfficer,andWesternDigital

• SeniorVicePresidentofMarketing• Searchunderway

• CossetteDrossler – VicePresidentofFinanceandAdministration• CQConfidential– FounderandCEOandCDAFounder

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BrainChipFinancials• Marketingstrategy• Vision,patternrecognition,andfeatureextractionapplications

• Target-specificairports,lawenforcementsagencies,andinfrastructureprojects

• Salesstrategy• Directbusinessdevelopment

• Appliancemanufacturers

• Systemintegratorsandvalueaddedresellers(VARs)

• Businessmodel• NRE

• License

• Royalty

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BrainChipSummary• BrainChipisaleadingproviderofsoftwareandhardware-acceleratedneuralnetworkingsolutionsforadvancedartificialintelligenceandmachinelearningapplications

• Proventechnologycommerciallydeployedinmultipleapplicationsandmultiplemarkets

• PublicequityASX:BRN