A NEW ERA FOR DRONE VOLT - abid | abidabid.co/sites/default/files/DRONE VOLT AERIALTRONICS...

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ANEWERAFORDRONEVOLT

I believe that DRONE VOLT has now reached the stage required to be ableto redefine its future. I have founded this strong company which mayeventually become a leader in professional civil drones. Olivier Gualdoniand I have worked hand in hand over the past 18 months to continue thestructuring of the company. Today, it is time to let the new Managementteam take over.

DimitriBATSIS,11may2017

EXECUTIVECHAIRMAN&CEO

OlivierGUALDONI- 51YEARSOLD

25YEARSOFEXPERIENCEININTERNATIONALBUSINESS

DEVELOPMENT&OPERATIONALMANAGEMENT

- MScPHYSICSANDMScMARKETING/MANAGEMENT

- 1996to2015:CYBERGUN

- 2015:DRONEVOLT

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ABOUTDRONEVOLT

UAVmanufacturer

6.8million€in2016

2.600dronessoldin2016

ListedontheAlternextParisstockmarket(ALDRV)

Certified« Innovativecompany »byBpifrance

Internationalcoveragein13countries

36employees

DRONEVOLT:A WORLDWIDECONTRIBUTORTOPROFESSIONALDRONESFoundedin2011,DRONEVOLThasplayedamajorroleintheprofessionaldronesmarket,integratingalltheservicesassociatedwiththeirdevelopmentandretail.

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MILITARYDRONESPrice:over 100000€

PROFESSIONALCIVILDRONESPrice:between1000€and100000€

RECREATIONALDRONESPrice:between40€and1000€

THEPROFESSIONALDRONESPECIALIST

ACLEARPOSITIONINGONTHEPROFESSIONALCIVILIANDRONESMARKET

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ANOVERALLANDCOMPLETEOFFERFORTHEPROFESSIONAL

Theprofessionaldronesflighttraining

DRONEVOLTACADEMYTraineddroneagents

available inFranceandinEurope

DRONEVOLTSERVICESToensureweaddressyourneeds,ourteamproduces its

ownapps.

DRONEVOLTSOFTWAREAeronauticalandaerospace

manufacturerregisteredbytheDGAC(FederalAviation

Administration,FAA,equivalent)

DRONEVOLTFACTORYAspecializedteaminprofessionaldronesandembeddedsystems

COUNSELLINGOurexpertiseisavailablefortheconceptionofyourUAVanddevelopmentofyourproject

ENGINEERINGCONSULTING

ACOMPLETESOLUTIONFORTHEPROFESSIONALS

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RETAILERS&DISTRIBUTORSStudioSportMinigroupGulliverFreeflyDJIBoUlangerFnacApplestore

OPERATORSDeltaDroneDroneaRedBird

Fly’nSenseAzurDronesAirMarine

InfotronBertinTechnologiesForumEnergyTech

OceaneeringInternationalCivicDrone

OPERATEURSEXPLOITANTS

SERVICES

NEGOCIATIONDISTRIBUTION

MANUFACTURERSSenseFly

Delair-Tech(Parrot)Ehang

WalkeraSquadroneSystem

XiroYuneec

WorkhorseNovadem

Aerovironnment

SMALLSERIESPRODUCTION

ACLEARPOSITIONINGONTHEPROFESSIONALCIVILIANDRONESMARKET

A very fragmented competitive landscape

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1.THEDRONEREVOLUTIONISONIT’SWAY

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AMARKETINFULLEXPANSION

2015

65

Frenchmarketforprofessionalciviliandrones(inmillionsof€) 1

2025

461 1,5

Globalciviliandronemarket(inbillionsof$) 2

122016

2021

2 Source:BusinessInsider20161 source:CabinetOlivierWyman2016

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DEDICATEDSOLUTIONSFOREACHMARTKET

TWOSIGNIFICANTMARKETSCLEARLYIDENTIFIED

CONTRUCTIONDiagnoses

Constructionsitesupervision3DModellingAerialShooting

Eveninthemostinaccessibleareas

SURVEILLANCETrafficsafety

LawenforcementNaturaldisaster

Searchandrescue,civilsecurity(beaches,pollution,fires)

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DEDICATEDSOLUTIONSFOREACHMARKET:HERCULESSERIES

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HERCULES10SPRAY:TETHEREDSPRAYING

PRECISONSPRAYINGHERCULES10SPRAYisdesignedforprecisesprayingofliquidorviscousproducts.Designedfortreatingsurfaces,roofsandfacades,offeringnewsprayingsolutionsforvariousapplications

EFFECTIVEOPERATIONS

Equippedwith3flatjetnozzles,DroneSpraysprays2.6litersofproduct perminute andcan

processupto1800m2,or37liters,in15minutes,moreefficientthanamanualspraying

.

REDUCEDHUMANRISKTheHERCULES10allowsquickandeasyaccessto

inaccessibleanddangerousareas.Itisoperationalin10minutesandreduceshardwaredeploymentand

humanrisk

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FULLYFOLDABLESYSTEMHERCULES10armsarefullyfoldable,whichmakestheHERCULESultra-compactforeasytransport.

DEDICATEDSOLUTIONSFOREACHMARKET:CONSTRUCTIONANDCIVILENGINEERING

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CONSTRUCTIONANDCIVILENGINEERING:MAJORREFERENCINGINPOINT.P

• 50,000catalogcopiesdistributed

• 800outletsinFrance

• 1pagededicatedtoDRONEVOLT

• Releasedsince10April2017

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HERCULES5UF:THESOLUTIONFORAIRSURVEILLANCE

• UNLIMITEDFLIGHT24/7

• ONFLOORPOWERSUPPLYSTATION

• X18CAMERAZOOM

• THERMALCAMERA

• HDVIDEO

• SECUREDOPERATIONSVIARTMPSSERVER

DEDICATEDSOLUTIONSFOREACHMARKET:SURVEILLANCE

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APERFECTCONCEPTIONCYCLE

CUSTOMIZEDPROFESSIONALDRONESCONCEPTION

• Feasability studies

• Specifications

• Prototype

• Industrialization

• Certification

• Production

0€

100 000€

200 000€

300 000€

400 000€

500 000€

600 000€

2013 2014 2015 2016

R&DINVESTMENTS

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MODERNFACILITIES INNOVATIVEDRONEMANUFACTURING

EXPERIENCEDENGINEERS

DRONEVOLTFACTORY

3.HIGHADDED-VALUEPRODUCTION

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ADEVELOPMENTVIALICENSES

ANEXPANDINGDRONEVOLTACADEMYINFRANCEANDAROUNDTHEWORLD

Initiation Flight

Theoreticallicense Photogrammetry

DroneSpray

DIVERSE TRAINING DEDICATEDINFRASTRUCTURE

Trainingrooms…

…andindoorflightzones

4 OPERATIONALFACILITIESCopenhaguen,Paris-CDG,Quebec-Laval,Reims(license)

NATIONAL…Bordeaux,Lille,Lyon,Marseille,Nice,

Rennes,Rouen,etStrasbourg

…ANDINTERNATIONALAMBITIONSAfrica,Italy,Switzerland

2.OVERVIEWOFOURGLOBALFOOTPRINT

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JANUARYCESLasVegasTechShow

JANUARYAbidjan

SecurityShow

FEBRUARYDistributionAgreement

(India)

MARCHNuremberg

SecurityShow

ASUPPORTEDINTERNATIONALEXPANSION

MARCHDistributionAgreement

(USA)Construction+Security

MAYAcquisition(Denmark)Construction+Security

MAYRyad

SecurityShow

FEBRUARYBangalore

SecurityShow

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SCANDINAVIA’SBOOM

ThescopeoftheDRONEVOLTcatalog…

…associated withDANDRONE’Sprofessional clientportfolio

2015 2016 2016proforma

0,8

1,2

2,0

REVENUEINMILLION€

THEEMERGENCEOFANEWSCANDINAVIANLEADER

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COUNTRIESCOVEREDIN2015AND2016BENELUX– DENMARK– SWEDEN– NORWAY– FINLANDITALY– SWITZERLAND– SLOVENIAUNITEDSTATES– CANADA

PRIORITYTOCOUNTRIESWITHREGULATIONUNITED KINGDOM– GERMANY

NORTHAMERICA

GROWINGINTERNATIONALDEVELOPEMENT

IMPLEMENTATIONSTRATEGY

CREATINGNEWSUBSIDIARIESDuplicatingDRONEVOLT’sexpertiseShowroomEngineeringConsultingFlighttrainingAdministrativeprocedures

SALESOFFICESOPENINGAssociatingwithlocalmanagerslimitingfinancialrisk

AIMTOREACH15COUNTRIESBY2020

EUROPE

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3.READYFORGROWTH

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ORGANIZATIONALCHART

ENGINEERINGCONSULTING SALES MARKETINGAND

COMMUNICATIONFINANCE&

ADMINISTRATION

OLIVIERGUALDONI

CEOANDCHAIRMAN

LAURENTLELEUP

DIRECTOR

CHRISTOPHEDABREMONT

DIRECTOR

SERVICESFACTORY

FABRICELEGRAND

DIRECTOR

4EMPLOYEES 13EMPLOYEES 6EMPLOYEES 7EMPLOYEES1EMPLOYEES3EMPLOYEES

2014 2015 2016

4

14

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EMPLOYEES

LOGISTICS

2EMPLOYEES

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RESULTSINLINEWITHHUMANRESOURCESINVESTMENTS

AUDITEDDATA(INK€)IFRS 2014 2015 2016

SALESREVENUE 1712 3586 6820

GROSSMARGIN 466 578 1501

GROSSMARGINRATE 27% 16% 22%

EXTERNAL CHARGES (256) (820) (2370)

TAXES (4) (11) (21)

PAYROLL COSTS (183) (717) (1616)

DEPRECIATIONANDPROVISIONS (5) (72) (160)

OTHERINCOMEANDEXPENSES 33 154 578

CURRENTOPERATINGINCOME 51 (888) (2088)

EXHANGESGAINSANDLOSSES (0) 2 (7)

OTHER OPERATINGINCOMEANDCHARGES (1) (98) (195)

OPERATINGINCOME 50 (984) (2290)

NETBORROWINGFCOST (1) (13) (20)

OTHERINCOMEANDEXPENSES 0 (10) 20

TAXCREDIT (5) 339 624

NETINCOME 44 (668) (1666)

S12016 S22016

3137 3683

373 1128

12% 31%

(1073) (1297)

(7) (14)

(751) (865)

(60) (100)

149 429

(1369) (719)

(1) (6)

(62) (133)

(1432) (858)

(12) (8)

12 8

511 113

(922) (744)

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GROSSMARGININPROGRESSINQ12017

T12016 T1201741%

59%

International

Audited data(inK€)IFRS 2014 2015 2016 T12016 T12017

SALESREVENUE 1712 3586 6820 1367 1857

GROSSMARGININK€ 466 578 1501 235 472

GROSSMARGININ % 27% 16% 22% 17% 25%

11%

89% France

International

France

AGROWTHDRIVENBYINTERNATIONALSALES

AGROSSMARGINDRIVENBYTHEDEVELOPMENTOF:

• DRONEVOLTFACTORY• DRONEVOLTSERVICES• DRONEVOLTACADEMY

Quarterly unaudited data

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OurClients

REFERENCES

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FUNDINGADAPTEDTOGROWTHRATE

Availabilty

Clients&others debtofwhich 472K€client

Stocks

Non-currentassetsincluding€1,224thousandindeferredtaxes ShareholderEquity

Currentliabilities

TotalAssets:5593k€

ASSETS LIABILITIES

1021

2082

2490

FinancialdebtsIncluding1777k€non-current

1360

943

978

2312 FUND-RAISING IN 2017

• +2213k€inprivateplacement

• +750k€perOCABSAissue

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4.STOCKMARKETSITUATION

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0,50

1,00

1,50

2,00

2,50

TRANSFERPROJECTONEURONEXTGROWTH"OFFERTOPUBLIC"SUB-FUND

SHARE PRICE EVOLUTION (IN €)

STOCKMARKETINFORMATION

12/201612/2015

+93%sinceApril 2015

STOCKMARKETINFORMATIONStock-exchangepriceApril13,2017:0.90€Shares: 18.049.467Stock-market capitalization:16.3M€Dailyliquidity:79.522€BSA:1117000BSA/10BSAfor10shares at2.70€

INFORMATIONONSTOCKMarché:AlternextParisMnemonique :ALDRVISINCode: FR0013088606Eligible: PEA,PEA-PME&TEPA-ISFBSA:Mnémo :DRVBS– ISINCODE:FR0012860542

LIQUIDITYCONTRACTINVESTSECURITIES

FINANCIALANALYSTSALPHAVALUE,INVESTSECURITIES,ARROWHEAD

DBI36%

JérômeMarsac6%

Freefloat58%

CAPITAL BREAKDOWN AS OF JUNE 9,2017

*Subject totheissuance ofaVisabytheAMF

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5.DRONEVOLTOFFER

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APOWERFULCOMBINATION

1 1 3

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APOWERFULCOMBINATION• NON-BINDING• SUBJECTTODISCOVERIES• DUE-DILIGENCES

APOWERFULCOMBINATION

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NEWGROUP

• ProfessionalUAVmanufacturer

• 6.8million€in2016

• 36employees

• 2.600dronessoldin2016

• Internationalcoveragein13countries

• Certified « Innovativecompany »byBpifrance

• Listed ontheAlternext Parisstockmarket (ALDRV)

• ProfessionalUAVmanufacturer

• 4.1million€in2016

• 21employees

• 400dronessoldin2016

• Internationalcoveragein13countries

• Usingaward-winningNVIDIA®Jetson™module

Ø Bothcompaniesareverycomplementary.Greatergeographicalandmarketcoverage.

Ø GlobalRevenue:11million€

Ø 57employeesworldwide

Ø Globalsales:3000dronessoldin2016

Ø Internationalcoveragein14countries

Ø Bothcompaniesareusingleading-edgetechnologies

ANEWGROUPISBORNTOBECOMEAWORLDWIDELEADER

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DRONEVOLTOFFER

FactoryinNetherlandswillnotonlyremaininfullpowerbutalsowillbenefitfromnewmanufacturingcontracts

Investorswillingtoinvest3million€in2017-2018tofinancegrowth

VTOLproductionforBeneluxandGermanytobemadeinNetherlands

Largest clientsleadslike CAC40branch inNetherlands will be transfered toAerialtronics

Aerialtronics will benefit from transfer know-howtoproduce HERCULESseries inNetherlands

Aerialtronics willgaininternationalcoveragein13countries

Keepandincentiveallemployees

DRONEVOLT:A SERIOUSPROPOSALThefutureofAerialtronics will be bright

DRONEVOLTAcademy license totrainfuturedroneoperators inNetherlands

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MILITARYDRONESPrice:over 100000€

PROFESSIONALCIVILDRONESPrice:between1000€and100000€

RECREATIONALDRONESPrice:between40€and1000€

PROFESSIONALUAVSPECIALISTS

ACLEARPOSITIONINGONTHEPROFESSIONALCIVILIANUAVMARKET

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DRONEVOLTwants tokeep allexistingjobs

STRONGERTOGETHER

Ourkeymanagersknoweach other formanyyears.They arethefoundation ofour successandthekeytoour future.

EXPERIENCEDMANAGEMENTTEAM

Abonusinstockoptionwith DRONEVOLT’s sharesafter 1year subject tothesuccessful implementationofthebusinessplan.TBD

REWARD

DRONEVOLTkeymanagersknoweach others forseveral years andsome ofthem morethan 10years inprevious success story,with know-howinM&Aintegration ,strategy andknow-howtosustain growthinsuperfast growing corporate,for aperfect executionoftheplan.

STRONGRELATIONSHIP

The two most important things in anycompany do not appear in its balancesheet: its reputation and its people.

HENRIFORD

HUMANRESSOURCES

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TRUSTWORTHYUNDERWRITER STOCKMARKET

ASSETS FINANCINGREQUIREMENTS

Alliancewith DRONEVOLTlistedcompany onParisstockmarket

Jerome Marsac underwriter

• Leadapoolofinvestors toprovide upto3M€ tofinanceacquisition

• Working capitalwill be avery importantneed ofcashnow andincoming month TBD

• Purchase orders require animportantcashflow

Other IPs ,brandsandintangibleasssets will be

purchased for1Euro

STRENGHTENANDBOOSTAERIALTRONICS

3MILLIONEUROSFUNDING

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DRONEVOLT

02 Sampletext

• DRONEVOLTAcademy license will betransfered toAerialtronics tocover Netherlandstraininginlocalcultureandlanguage withadaptationtolocalrules andregulation.

• Some Aerialtronics staffwill be trained inParistobecome futuredroneAcademy trainingteachers.

TRAINING

• DRONEVOLTwillsupportAerialtronicsworldwideineverysubsidiaryandtradeshows.

MARKETING

• Selling alltheDRONEVOLTlinetoNetherland attheDenHaad Showroomwill add another 1M€peryear insalesfrom 2018.

SELLINGDRONEVOLTPRODUCTS

BUILDINGSYNERGIES

• VTOLtechnology• HERCULESseries productionwill be licensed to

Aerialtronics forBeneluxandGermanytosustain locallargeCAC40companies,aswell asrepair centerforBenelux.

TECHNOLOGY

• Newtechnology productionforDRONEVOLTVerticalTake-offandLanding5motors Dronelike anairplanes with 2meters wings andallclassic quadricopter capacity with 2hoursrunningtimeand80kilometers flying distance

• Hercules:anheavy duty chassis abletosustaintoughjobforVeolia« highpressurecleaner »aswell asPPGpaint dronewill be licensed toAerialtronics forBeneluxandGermanyproductiontosustain localLargeCorporatebranch ofCAC40,aswell asservicessuch asmaintenaces andrepairs forlocalBrusselsDRONEVOLTbranch.

PRODUCTION

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COUNTRIESCOVEREDBYDRONEVOLTBENELUX– SCANDINAVIA- ITALY– SWITZERLAND– SLOVENIA–UNITEDSTATES– CANADA– FRANCE

AERIALTRONICSPRESENCENETHERLANDS

NORTHAMERICA

AERIALTRONICSINTERNATIONALPROMOTION

INTERNATIONALCOVERAGEDRONEVOLTworldwide footprint with DRONEVOLTofficesandwarehouses inseveral countriessuch asDenmark,Canada,USA,Switzerland,BeneluxandFrancewill immediately addAerialtronics rangeofproducts intheirshowrooms,allDRONEVOLTworldwide salesforcewill introduce andpromote Aerialtronics lineattrade showsallovertheworld.

MAJORSALESINCREASEMostprobably this networkwill add 1M€ofAerialtronic salesin2018.

EUROPE

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CONTACTS

DRONEVOLTOlivierGualdoni,GeneralDirectorolivier@dronevolt.com+33180906033+33688138698

DRONEVOLTSWITZERLANDStefanoValentini,CountryManagerStefano.valentini@dronevolt.com+41792533728

CONTACTS

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Thankyou!