INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE

RESONATOR TECHNOLOGY

TECHNOLOGY THAT PROVIDES TRILLIONS OF CRYSTAL CLEAR MESSAGES

AKTS

MARCH 2016 PRESENTATION

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SMART SELECTIVITY Forward-looking statements

Statements in this presentation that are not descriptions of historical facts are forward-looking statements that are based on management’s current expectations and assumptions and are subject to risks and uncertainties. In some cases, you can identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” “will,” “would” or the negative of these terms or other comparable terminology. Factors that could cause actual results to differ materially from those currently anticipated include, without limitation; •  risks relating to the results of our research and development activities, including uncertainties relating to semiconductor process

manufacturing; •  the early stage of our Bulk ONE™ technology presently under development; •  our need for substantial additional funds in order to continue our operations and the uncertainty of whether we will be able to obtain the

funding we need; •  our ability to retain or hire key scientific, engineering or management personnel; our ability to protect our intellectual property rights that

are valuable to our business, including patent and other intellectual property rights; •  our dependence on third-party manufacturers, suppliers, research organizations, testing laboratories and other potential collaborators; •  our ability to successfully market and sell our technologies; •  the size and growth of the potential markets for any of our technologies, and the rate and degree of market acceptance of any of our

technologies; •  competition in our industry; •  and regulatory developments in the U.S. and foreign countries. In light of these risks, uncertainties and assumptions, the forward-looking statements regarding future events and circumstances discussed in this report may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements included in this presentation speak only as of the date hereof, and, except as required by law, we undertake no obligation to update publicly or privately any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations. THESE MATERIALS DO NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF ANY OFFER TO BUY, ANY SECURITIES OF AKOUSTIS, INC., OR OF ANY OTHER ENTITY WHATSOEVER. ANY SUCH OFFER MAY ONLY BE MADE BY A DEFINITIVE SUBSCRIPTION AGREEMENT ISSUED BY THE COMPANY. ANY REPRESENTATION TO THE CONTRARY BY ANY PARTY SHOULD BE IGNORED. “Akoustis™,” the Akoustis logo and “Bulk ONE™” are trademarks of Akoustis, Inc.

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SMART SELECTIVITY Mission – Stock - Investments - Progress

AKTS Share Price (3/09/15) $1.60

Market Cap (3/09/15) $21 M

Fully Diluted Shares Outstanding 13.1 M

Insider Ownership 34%

Year End Mar 31

Legal Counsel CKR Law, NY

Auditor Marcum, LLP

May 2014 Company founded

~$7.7 M of investments and grants in use

June 2014 $0.53M J.Shealy ($0.18M) + Angel Investors

December 2014 $0.15M NSF R&D Grant #1

April 2015 $0.05M N.C. BST&I Grant

June 2015 $5.70M J. Shealy ($0.2M) + Angel + Accredited

Investors.

June 2015 $.03M NSF R&D Grant #2

February 2016 $0.74M NSF R&D Grant #3

March 2016 $0.5M J. Neal ($0.2M) +

J. Shealy ($0.15M) + Insiders

June 2014 Self financed IP and R&D with

founders and angel capital. Applied for grants with

SBIR and NSF

July 2014 Patenting process

begins for Bulk One®

Dec 2014 – April 2015 Grants awarded by National Science Foundation ("NSF”), SBIR, N.C. BST&I

May 2015 Company completes

merger and raises $5.3 M

June 2015 Overallotment

exercised for $0.4 million

Sept –Dec 2015

IP Agreements for UCSB, Cornell

Patents

July – November 2015 Active engagement with

design clients

July 2015 Awarded

$30,000 in grant extension from NSF 10+ Phase One

Design Clients

Our mission is to revolutionize the RF filter for mobile wireless using single crystal piezoelectric materials in filter resonators.

Progress in 2 years.

Feb 2016 NSF Grant #3

Jan 2016 Resonator milestones:

Meet bandwidth objectives,

Q factor improving

Mar 2016 $0.5M PPO,

Q factor improving

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SMART SELECTIVITY Management team

Jeff Shealy – CEO § MBA (Wake Forest University), PhD ECE (UCSB) §  +20 Yrs. Exp. in RF/Wireless; Qorvo Executive for 13 Yrs., Hughes, RF Nitro § Expertise: Public company, P&L, RF tech commercialization using III-N technology

Cindy Payne – CFO & Treasurer § BSBA (WCU), CPA (VA) §  +20 Yrs. Exp. Finance, CFO Amerock, Tolt Services § Expertise: Financial management, Private equity structure

Mark Boomgarden – Vice President of Operations § BSEE (UNC-Charlotte) §  +20 Yrs. Exp. Hi Tech Operations; Tessera SVP/GM § Expertise: Silicon Foundry Ops, Packaging, Licensing

Dave Aichele – Vice President of Business Development § BSEE (Ohio University), MBA (Leeds - University of Colorado) §  +20 Yrs. Exp. Hi Tech Biz Dev/Sales; Qorvo Director, T1V EVP § Expertise: New tech business development, Contract Negotiations

Shawn Gibb – Chief Materials Scientist § BS Chem (NYU), BE ChE / ME Materials (Stevens Inst. Of Technology) §  +18 Yrs. Exp. In RF/Wireless/Optoelectronics, Crystal IS VP Engineering § Expertise: III-N material growth (bulk & thin film), Single crystal nitride technology

Rama Vetury – Chief Device Scientist § B. Tech EE (llT-Chennai), M.S & Ph.D (University of California, Santa Barbara) §  +15 Yrs. Exp. RF/Semiconductor Technology, Qorvo Management § Expertise: lll-N devices, Technology Innovation from Concept to Qualification

Akoustis: 28 seasoned professionals 11 PhD's

Partners: Two universities

Commercialization Partner: National Science Foundation (NSF)

Prof. Denbaars

Prof. Shealy

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SMART SELECTIVITY

Jerry D. Neal– Co-Chairman, Independent Director §  Founder of RF Micro Devices, Inc (RFMD, now Qorvo) §  +35 Yrs. Exp. RF and Wireless Industry §  Former EVP Strategic Development at RFMD, Previously at Analog Devices § Expertise: key business relationships, business growth

Dr. Arthur Geiss – Co-Chairman, Independent Director § PhD (Brown University) §  Former VP Wafer Fab Operations of RF Micro Devices, Inc (RFMD, now Qorvo) § Previous management role at Alpha Industries (now Skyworks Solutions) § Expertise: III-Nitride materials, manufacturing, operations, and process

development

Prof. Steve Denbaars – Director § PhD (GaN Single Crystal MOCVD Materials) §  +30 Yrs. Experience, UCSB Professor §  3 prior GaN ventures—Soraa, Nitres (CREE acq. for $200M, 2000), SLD § Expertise: GaN, AlN materials

Jeffrey K. McMahon– Independent Director § BSCE – NC State University §  17 Year Experience, current Managing Director at The North Highland Co. §  Former Manager at Andersen Consulting/Accenture § Expertise: Management consulting, revenue growth, risk management

Jeff Shealy – CEO § MBA (Wake Forest University), PhD ECE (UCSB) §  +20 Yrs. Exp. in RF/Wireless; Qorvo Executive for 13 Yrs., Hughes, RF Nitro § Expertise: Public company, P&L, RF tech commercialization using III-N

technology

Board of Directors

Previous and current

associations:

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SMART SELECTIVITY $7.5B acoustic wave RF filter market

Mobile Communications

$5.3B Other $2.2B

Industrial

Wired Comm.

Satcom

Military Other

Source: Dedalus Consulting, Mobile Experts, Akoustis

Milcom/AESA /JCREW

Tower Mounted Amplifier/Femtocells

Telematics / Satellite Radio

2015

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SMART SELECTIVITY

BAW Filters (High Band)

- Premium

- Duopoly - Emerging bands

- Trend: disruptive materials to drive higher performance, higher frequency

SAW Filters (Low Band) - Commoditized - Multiple players - Limited performance

$12.8B acoustic wave RF filter market

…..opportunity for a third dominant BAW player with unique, disruptive step function improvement in bulk acoustic materials

BAW segment is faster growing segment

2020 Akoustis market focus

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SMART SELECTIVITY Issues and opportunities in mobile

Mobile data growth by 2020

•  9.2B Subscribers* •  25 ExaBytes/mo.* * Ericsson Mobility Report June 2015

4G/LTE driving architecture shift

•  Bands shifting to higher frequency •  Increasing RF content to support

higher data rates/fewer SKUs

Consumer performance concerns •  Limited signal strength •  Increased drop calls •  Rapid battery drain

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SMART SELECTIVITY Filters and resonators enable communications

The smartphone RF Front End (RFFE) is between the mobile antenna and the digital

baseband system.

Amps Filters Switches

Resonators Akoustis’ focus

Resonators, the core building blocks of RF filters, allow

frequencies to be transmitted or rejected through the RFFE.

Voice

Messaging

Data

RFFE

Selection of RF Filter technology is the key solution to reduce drop calls and increase battery life

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SMART SELECTIVITY ↑Smartphones = ↑Signals = ↑Filters

0.0 B

0.5 B

1.0 B

1.5 B

2.0 B

2.5 B

2014 2015 2016 2017 2018 2019 2020

LTE-FDD

TD-LTE

TD-SCDMA

WCDMA/HSPA

CDMA/EVDOonly

GSM/EDGEonly

Source: Mobile Experts 2015

Mobile Handset Shipments

2 6

20

43

0 5

10 15 20 25 30 35 40 45 50

2005 2010 2013 2015

Premium Filter Growth Drivers

§  Shift from 2G/3G to 4G/LTE §  MIMO and Diversity §  Increased bands & carrier aggregation §  New spectrum, higher frequencies, 5G

Increasing RF Complexity

~28 B annual unit volume and $6.8 B

market by 2016

Filte

r req

uire

men

ts

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SMART SELECTIVITY SAW vs. BAW markets and bands

Low Band High Band Ultra High Band Deploying Emerging Legacy

Cost: Low ASP: Low

Multiple Competitors

Performance: STD Performance: High Cost: Low ASP: High

Few Competitors and Better Margin Potential Higher margin opportunities

Acoustic wave filters are the market standard for performance. They are designed as: Surface Acoustic Wave (SAW) or Bulk Acoustic Wave (BAW)

SAW A mature technology

widely used in 2G and 3G RF front ends,

duplexers and filters.

BAW BAW filters offer superior performance (higher Q) with lower insertion loss. BAW

technology allows narrowband filters with exceptionally steep filter skirts and excellent rejection. This makes BAW the technology of choice for many

challenging interference problems.

BAW Signals pass "through" the filter increasing band coupling speed and reducing loss.

SAW Signals pass "over" the filter's resonators.

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SMART SELECTIVITY

Res

onat

or T

echn

olog

y Fi

gure

of M

erit

(FO

M),

K2 Q

Akoustis' technology solves the problem

ISSUE "Lossy" polycrystalline materials exhibit excessive signal attenuation and bandwidth limitations—increasing power requirements and thermal load. SOLUTION Akoustis' Single Crystal Piezoelectric material more efficiently couples desired signals between a device's antenna to its digital back end (lower phone heat, less battery drain)

Area (cm2)

Better RF Filter Bandwidth,

Loss

Single Crystal

Polycrystalline

Published IEEE RWW– January 2016

Analytical Results:

-Up to 40% better piezoelectric quality -High bandwidth filter process with FOM=240

Accepted IEEE RFIC– May 2016

Experimental Results:

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SMART SELECTIVITY Akoustis advantages for 4G/LTE RF Filters

BAW Resonator (Definition):

•  Single crystal piezoelectric technology has a unique material factor to customize the frequency and bandwidth of the RF Filter

•  Expect unprecedented resonator bandwidth for undoped piezoelectric by end of Q2

a special dielectric, called a piezoelectric, sandwiched

between two metal contacts

metal

metal

piezoelectric

7000

8000

9000

10000

11000

12000

13000

14000

0 0.2 0.4 0.6 0.8 1 1.2Material Factor

Soun

d Ve

loci

ty

poly crystal piezo (BAW spec.)

Higher frequency RF Filters

0

2

4

6

8

10

12

14

16

0 0.2 0.4 0.6 0.8 1 1.2Material Factor

Ban

dwid

th Flexible and

Higher Bandwidth RF Filters

Akoustis Single Crystal Piezoelectric Advantages

poly crystal piezo (BAW spec.)

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SMART SELECTIVITY Akoustis’ technology market niche

Wi-Fi 2.4GHz 802.11 b/g/n Frequency (GHz)

RF

Filte

r Tec

hnol

ogy

Perf

orm

ance

Single Crystal BAW (Akoustis)

TC SAW

SAW Poly Crystal BAW

Low Band High Band Deploying Emerging Legacy

0 1 2 3 4 5 6

-Focus area -Premium market

Extends to 20GHz

Ultra High Band

§  4G/LTE, Wi-Fi and future evolutions will drive additional demand for filters and resonators

§  Focus on High

Band solutions to differentiate on performance

§  BAW filters will

cannibalize the SAW filter market as licensed spectrum moves above 2GHz

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SMART SELECTIVITY Design-client to customer cycle

RF Front End module and Transceiver/RFFE manufacturers, who require access to BAW filters to compete in 4G/LTE RFFE modules and/or for reference designs. Smartphone OEMs, who require access to pure-play BAW filters and will benefit from improved filter and influence sourcing decisions

Our 4-Phase development cycle

provides visibility and reporting on our milestones.

REVENUE GENERATING

PHASES

Phase 1 Design Client Engagement

Phase 2 Technology

Demonstrator

Phase 3a Filter Product

Prototype

Phase 3b Filter Wafer Prototype

Phase 4 Filter Production

§  First Lead §  Validate Fit §  NDA

§  Tech Merit “Deep Dive” §  ID Platform Requirements

Akoustis Designed Filter §  Client/Market Spec §  Filter design §  Fab/test/deliver filter

Client Designed Filter §  Design kit access §  Fab/test/deliver wafer §  Client evaluation

RAPID NPI LINE

§  Design win confirmation

§  Customer volume ramp

Target Customers

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SMART SELECTIVITY IP barriers to entry

System End user

High Selectivity

Filters

Package Technology

Acoustic Devices

& Manufacturing

Piezo Materials

Platform Substrates

Akoustis Patents: 8 filed PLUS 3 issued, 280+ claims: “MOBILE COMMUNICATION DEVICE CONFIGURED WITH A

SINGLE CRYSTAL PIEZO RESONATOR STRUCTURE”

“WAFER SCALE PACKAGING”

“INTEGRATED CIRCUIT CONFIGURED WITH TWO OR MORE SINGLE CRYSTAL ACOUSTIC RESONATOR DEVICES”

“METHOD OF MANUFACTURE FOR SINGLE CRYSTAL CAPACITOR DIELECTRIC FOR A RESONANCE CIRCUIT”

“RESONANCE CIRCUIT WITH A SINGLE CRYSTAL CAPACITOR DIELECTRIC MATERIAL”

“MEMBRANE SUBSTRATE STRUCTURE FOR SINGLE CRYSTAL ACOUSTIC RESONATOR DEVICE”

“SINGLE CRYSTAL ACOUSTIC RESONATOR AND BULK ACOUSTIC WAVE FILTER”

External licensing: Exclusive rights to (3) UCSB Patents, (1) Cornell Patent—All related to Single Crystal Materials & MOCVD growth

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SMART SELECTIVITY Manufacturing & product development

§  Joint development and wafer supply agreements signed with strategic foundry partner, Global Communication Semiconductor (GCS) Torrance, CA

§  Production facility supports 6”Bulk ONE™ wafer manufacturing

§  Support client/customers quick-turn BAW filter product cycles using rapid New Product Introduction (NPI) line

2015 2016 CURRENT SCHEDULE (▲ milestones)

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2015 2016

Signed contracts

Tech Transfer Kick-off

First wafers released

First Resonator wafers received

Bulk One® Technology Development Recipes frozen capability defined

Begin process qualification

Release to production

Bulk One® Process Qualification

Rapid "NPI" Line

Copy exact transfer

Planning phase

Kick-off

Demonstrate filter process capability

Quick-turn filter process

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SMART SELECTIVITY Key takeaways

q  Large and growing high band RF Filter market q  Strategy:

Ø  Lead with technology advantage: Penetrate with superior performance at comparable cost

Ø  Engage with strategic clients: Partner with multi-billion dollar corporations with acute interest in entering high band RF filter market

q  Quickly retiring risk-to-market; Currently producing superior materials and high band resonators for RF Filters

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SMART SELECTIVITY

9805-H Northcross Center Court Huntersville, NC 28078 www.akoustis.com

Contact Contact us

Bob Prag Del Mar Consulting Group

Investor Relations (858) 794-9500

bprag@delmarconsulting.com

Jeff Shealy President & CEO

(704) 274-3599 jshealy@akoustis.com

Dave Aichele

VP of Business Development (704) 274-3600

daichele@akoustis.com

Cindy Payne Chief Financial Officer

(704) 274-3598 cpayne@akoustis.com

EXECUTIVE

PRODUCTS

INVESTORS