ASXCode:BRN“AnAIProcessorCompany”

LouisDiNardoPresidentandCEO

RyanBentonChiefFinancialOfficer

September2017 1

Disclaimer

September2017 2

Thispresentationisnotaprospectusnoranofferforsecuritiesinanyjurisdictionnorasecuritiesrecommendation.Theinformationinthispresentationisanoverviewanddoesnotcontainallinformationnecessaryforinvestmentdecisions.Inmakinginvestmentdecisionsinconnectionwithanyacquisitionofsecurities,investorsshouldrelyontheirownexaminationoftheassetsandconsulttheirownlegal,businessand/orfinancialadvisers.

TheinformationcontainedinthispresentationhasbeenpreparedingoodfaithbyBrainChipHoldingsLtd,howevernorepresentationorwarrantyexpressedorimpliedismadeastotheaccuracy,correctness,completenessoradequacyofanystatements,estimates,opinionsorotherinformationcontainedinthispresentation.

Tothemaximumextentpermittedbylaw,BrainChipHoldingsLtd,itsdirectors,officers,employeesandagentsdisclaimliabilityforanylossordamagewhichmaybesufferedbyanypersonthroughtheuseorrelianceonanythingcontainedinoromittedinthispresentation.

CertaininformationinthispresentationreferstotheintentionsofBrainChipHoldingsLtd,butthesearenotintendedtobeforecasts,forwardlookingstatementsorstatementsaboutfuturemattersforthepurposesofthecorporationsactoranyotherapplicablelaw.Theoccurrenceofeventsinthefuturearesubjecttorisks,uncertaintiesandotherfactorsthatmaycauseBrainChip’sactualresults,performanceorachievementstodifferfromthosereferredtointhispresentation.Accordingly,BrainChipHoldingsLtd,itsdirectors,officers,employeesandagentsdonotgiveanyassuranceorguaranteethattheoccurrenceoftheeventsreferredtointhepresentationwillactuallyoccurascontemplated.

Brainchip– Overview• Foundedin2013• ASX:BRNSeptember2015• ExecutiveOffice,Sales&MarketinginSanFrancisco,CA

• DesignCentersinAlisoViejo,CAandToulouse,France– Headcount29

• TheCompanyhaspioneeredanAIProcessorArchitecturebasedonaspikingneuralnetworkthatmirrorsthelearningmechanismsofthehumanbrain

Description BRN

Market Cap* A$148.4M

SharePrice* A$0.175

CapitalRaised A$19.4M

IssuedShares** 848.2M

Cash** US$4.5M

September2017 3

*AsofCloseSeptember8,2017**AsofJune30,2017perAppendix4DHalf-YearReport

Brainchip– InvestmentHighlights

• PublicMarketInvestors– OpportunitytoInvestinaPure-PlayAICompany

• LargeMarket$4.8Bin2022*– CompetitiveLandscapeRemainsFluid

• ProvenTechnology– ExistingCustomerBaseProvidesValidationofTechnology

• RevenueGrowth– ExistingandNewCustomers

• HighMarginRevenueModel– License,MaintenanceandRoyalty

• HighlyExperiencedManagementTeam– AllSeasonedSiliconValleyExecutives

• SignificantIntellectualProperty– FundamentalPatentCited35times

September2017 4

*IHS2016

Brainchip– ManagementTeam

• LouDiNardo– CEO,SiliconValleyVeteranwithmultipleCEOrolesatNASDAQandNYSElistedcompanies

• RyanBenton– CFO,SiliconValleyExecutivewithmultipleCFOrolesandformerlyCEOofExarCorporation

• PetervanderMade– CTO,TechnologyVeteranwithover35yearsofexperience

• AnilMankar – CDO,SemiconductorDevelopmentVeteranwith35yearsexperience

• BobBeachler– SVPMarketing,SiliconValleyMarketingandBusinessDevelopmentExecutivewithover30yearsofexperience

September2017 5

BrainchipStudio

September2017 6

Description• Software&AlgorithmsforliveorforensicvideosearchofObjectsandFacialDetection,ExtractionandIdentification

• ReleasedJuly2017• SimulatedSpikingNeuralNetwork

• 2017NewProductoftheYearbySecurityToday

Benefits• Usesexistingvideosurveillanceequipmentincludinglowresolutionandnoisyenvironments

• Rapidlysearchliveorexabytes ofrecordedvideoforobjectsacrossmultiplevideosources

• Inexpensivesolutionvs.prohibitivelyexpensiveapproachto“classify”allvideousingdeeplearning

ProductDevelopmentHistory

September2017 7

CivilsurveillanceFrenchHomelandSecurity(DGSI)FrenchNationalPolice(Paris,Toulouse)

Custom

softw

arede

ploymen

ts CommercialSurveillanceMoheganSunLasVegasTrials

10yearsofd

evelop

men

t

Mass-Market

Prod

uct

Real-timecardandchipdetection

Forensicsandliveanalytics Objectrecognition

MachinevisionSAFRANaugmentedreality

IntroducingBrainchipAccelerator

September2017 8

Description• HardwareacceleratorforBrainChipStudio• ReleasedSeptember2017• EmulatedSpikingNeuralNetworkinaXilinxFPGA• Firstcommercialdeploymentofhardware-acceleratedneuromorphiccomputing

Benefits• Enables16+channelsofsimultaneousvideoprocessing• Upto6xspeedboosttoBrainChipStudioPerformance• 7xmoreefficientthanGPU-accelerateddeeplearning• 100fpsrapidlySearchpreviouslyrecordedvideo• 15WissignificantlylowerPowerthanCPU/GPU

AI– DivergesfromCPU/GPU

CPU/GPUSerialProcessingCodeDependentMathIntensiveDeterministicHighPower

NeuralNetworkParallelProcessingAlgorithmBasedNoComputationProbabilityOutcomeLowPower

September2017 9

AI– ModelsofLearning

• Deeplearning• Largedatasets– millionsofsamples• Longtrainingregimens– weeksormonths• Requireslargememory– addscost

• Autonomouslearning• Supervisedlearning– smallsamplesetswithknownmodels,providesefficientforensicandreal-timeanalytics

• Unsupervisedlearning– smallsamplesetswithnomodels,providesefficientreal-timelearningandanalytics

September2017 10

Brainchip– ProductRoadMap

SNAP64

BrainChipStudio

BrainChipAccelerator

SpikingNeuralNetwork(SNN)core

S/WwithAlgorithmsforFacialRecognitionandObjectDetection

H/W AcceleratorwithAlgorithmsforFacialRecognitionandObjectDetection

• AIProcessorBasedonAdvancedArchitecture• LearningRulesforSupervisedand

UnsupervisedLearning• HighlyIntegrated,VeryFast,VeryLowPower• IntegrationofSNAP64andJASTIntellectual

Property

AKIDATMProcessor

(InDevelopment)

September2017 11

2016 2017 2018 2019

Integration

AKIDATM InitialTargetMarkets

• VideoAnalyticsSupervised• CivilSurveillance(HomelandSecurity,LawEnforcement,Schools)• CommercialSurveillance(Gaming,Advertising,Consumer)

• VideoAnalyticsUnsupervised• CivilSurveillance(Drones,Satellites)• CommercialSurveillance(AdvancedDriver-AssistedSystems“ADAS”)

• DataAnalyticsUnsupervised• Fintech(High-FrequencyandAlgorithmicTrading)• Cybersecurity(Malware,DenialofService“DNS”)

September2017 12

• Competition• Nvidia GraphicsProcessingUnit(GPU)• IntelCentralProcessingUnit(CPU)• IntelCentralProcessingUnitwithFPGAAcceleration(Altera)• PrivateCompanyStart-UpsincludingCerebas,GraphCore andothers

• CompetitiveAdvantage• 10yearsofalgorithmandsoftwaredevelopmentinAIforImageProcessing• 10yearsofneuromorphicarchitecturedevelopmentapplicabletowide-rangingapplications• MarqueeCustomersBaseforexistingsolutionsprovidingfeedbackandcontributingrevenue• Faster,LowerPower,EaseofUse

September2017 13

AKIDATM CompetitiveLandscape

Brainchip– Summary

• PublicallyListedArtificialIntelligenceProcessorCompany• VeteranManagementTeam•MarqueeCustomerBasewithLargeAddressableMarkets• StagedforGrowthwithCommerciallyAvailableProducts• AIProcessorLeadershipwithAKIDATM Development

September2017 14

September2017 15

ASXCode:BRN“AnAIProcessorCompany”

LouisDiNardoPresidentandCEO

RyanBentonChiefFinancialOfficer