Akoustis Technologies — Investor Presentation (August 2017)
20 slides from Akoustis Technologies's investor presentation, Aug 10, 2017
Slide 1: Akoustis Technologies, Inc. Corporate Presentation
Akoustis Technologies, Inc. Corporate Presentation August 2017 AKOUSTIS
Slide 2: Forward-Looking Statements
ey FORWARD - LOOKING STATEMENTS ‘This presentation contains ‘forward-looking statements" within the meaning ofthe safe harbor provisions ofthe Private Secures Litigation Reform Act of 1985. These forward-looking statements mclude, but are not lmited to statements about ou plans, abjecves, fepreser t
Slide 3: Mission — Progress
AKOUSTIS ey MISSION — PROGRESS I -Recrived contract R&D overt om National Since Foundation (NSF) 3
Slide 4: Executive Leadership & Partners
AKOUSTIS 9B EXECUTIVE LEADERSHIP & PARTNERS Ao SQLs JEFF SHEALY JOHN KURTZWEIL CINDY PAYNE MARKBOOMGARDEN DAVIDAICHELE ROHAN HOULDEN CEO, DIRECTOR cro VP Finance & VP OPS VP BUS DEV VP ENG Corporate Controller 22YRS Industy Exp, __Provous CFO at CREE, 20YRSF Industy Exp, 20YRS* Industry Exp, 22YRStI
Slide 5: Seasoned Board Members
AKOUSTIS BM SEASONED BOARD MEMBERS &8Ra2a 2s JERRY NEAL ART GEIS Pomoc oe SESS STEVEDENBAARS JEFFMCMAHON ==“ SUZANNERUDY —-—=—STEVEMILLER piaron cogs DIRECTOR DIRECTOR omecroR DecroR Founded REMD row ‘Fomer VP Operations Cofounded Nites, Soras, Decor at Noth «Farmer VP Taxand__FomarPrsarvCE0 ascch S
Slide 6: Resonators & Filters Enable Communication
AKOUSTIS ey RESONATORS & FILTERS ENABLE COMMUNICATION Smartphone RF Front End (RFFE) is between the antenna and the digital baseband system. eS we Resonators Resonators are the building blocks of RF filters; blocks unwanted signals in the RFFE. RF filter performance drives data speed, phone heat and
Slide 7: RF Filter Landscape
AKOUSTIS 9B RF FILTER LANDSCAPE Q Global mobile traffic growth requires increase in spectrum QAs spectrum allocation grows, the requirement for RF filters grows OFF Filters are the only growing segment in RF frontend a TAM suggests signal ‘selectivity’ valued over signal ‘manipulation’ a Source: Ene
Slide 8: $8.3B Mobile Acoustic Filter Market in 2017
AKOUSTIS ey $8.3B MOBILE ACOUSTIC FILTER MARKET IN 2017 Wireless Infrastructure ‘Small Cells 2017 (Estimate) Mobile Communications WiFi Wireless Comm. ‘Sateorn Wiltary ‘Source; Mobile Experts 2016, ‘other ‘Akousts, Dedolus Consulting 2016 $10.5B Total Acoustic RF Filter Market CRYSTAL BULK 8 VE TECH
Slide 9: $12.4B Mobile Acoustic RF Filter Market in 2021
AKOUSTIS ey $12.4B MOBILE ACOUSTIC RF FILTER MARKET IN 2021 $14 1 $12 patented, single-crystal 1 piezoelectric BAW! $10 : 1__RF filter technology BAW Filters (High Band) sees ‘* $8 2 Dominant Suppliers (Duopoly) a ss i sa BAW RF filter markets $6 | expected to fror SAW Filters (Low Band) approx. $2.
Slide 10: Advantages of AKTS Single Crystal BAW
AKOUSTIS ey ADVANTAGES OF AKTS SINGLE CRYSTAL BAW >t0W> Single ‘Substrate FN Hi Input Power (Wats) 3 34 32 93 94 38 36 a7 ‘Admittance (S) Intensity (au) Frequency (GHz) Delay Time (ps) High Thermal Conductivity | High Mechanical Coupling High Sound Velocity High power, wide bandwidth RF filters oper
Slide 11: Filters in Sub 6GHz Spectrum for 5G
FILTERS IN SUB 6GHz SPECTRUM FOR 5G Licensed Spectrum Unlicensed Spectrum | MOLTE TOD & FOD bands | Now UNI SGHe WF Shared & Unlicensed Spectrum Potential New 5G Bands 2.3GHz Europe, 2.4GHz Wi-Fi, 3.5GHz USA Regions Looking at 3.3 to 4.9GHz BAW Offers >2 to 3 Times Improved xrformance (2 to 6GHz ran
Slide 12: Three Customer Engagements Announced
AKOUSTIS ey THREE CUSTOMER ENGAGEMENT ANNOUNCED Customer #1 (Mobile 4G/LTE ) | Customer #2 (Non-mobile) Customer #3 (Non-mobile) O Chinese RFFE Manufacturer 0 $18+ non-mobile company Q Fortune 500 company O Multiple agreements signed PO to develop BAW filter >3.5GHz OPO for BAW opportunity <1.5GHz A
Slide 13: Filter Customer Sampling: Update
AKOUSTIS ey AKOUSTIS FILTER CUSTOMER SAMPLING: UPDATE 3.8GHz Ultra High Band Now J 2.6GHz LTE B41 | Packaged Fiter ba Measured 821 (48) beset O Expect proto to Cust. #2 in Q3 O Expand designs to cover LTE B42 & B43 and CBRS infrastructure Low passband loss with excellent out- of-band isolation O Fir
Slide 14: Target Markets: Mobile Wireless & WiFi
AKOUSTIS by TARGET MARKETS: MOBILE WIRELESS & WiFi ~ MOBILE PHONE OEMs Heal WIFi bo Google @ie » «iP WwW cisco. ARnis “ase ePpPe VIVO sonwer NETGEAR TP-LINK t 4 Reference Designs a RFFE MODULE MANUFACTURERS TRANSCEIVER MANUFACTURERS QOPVO Qualcomm MEDIATEK QUALCOMM | ea EPCOS . aad skyworks ™ intel.
Slide 15: Manufacturing Expansion into N.Y.
AKOUSTIS BBY waNnurAcTURING EXPANSION INTO N.Y. Purchase Price - Closed 6/26/17 Acquired 120,000 Sq. Ft. Wafer Manufacturing Facility, Class 100 Clean Room, 150-mm Wafer Fab Tools, 57-acres of Real Property and Ongoing MEMS Business Q Consolidates Company's Supply Chain into NY Facility and Internal
Slide 16: Vertical Capabilities
AKOUSTIS ey AKOUSTIS VERTICAL CAPABILITIES ‘Module packaging Q Design & Manufacturing business model San for BAW RF filters Q Transitioning existing DoD Trusted Foundry accreditation for MEMS Process Design Kit (PDK) Device engineering Modeling Analytical design Frequency tuning Back end process Fro
Slide 17: IP — Barriers to Entry
AKOUSTIS ey AKOUSTIS IP — BARRIERS TO ENTRY ‘system < End user High Selectivity Filters i a (ai| Platform Substrates “MOBILE COMMUNICATION DEVICE CONFIGURED WITH ASINGLE CRYSTAL PIEZO RESONATOR STRUCTURE” “SINGLE CRYSTAL ACOUSTIC RESONATOR AND BULK "ACOUSTIC WAVE FILTER” “COMMUNICATION FILTER FOR LT
Slide 18: $27.5M of Investments and Grants in Use
AKOUSTIS $27.5M OF INVESTMENTS AND GRANTS IN USE sdaq S FINANCING ACTIVITIES Share Price (8/4/17) $6.69 ‘Activity Latest Transaction Amount (USS) Market Cap (8/1/17) st2em ey non er} aren Issued and Outstanding aon Shares (5/28/17) R&D Grants YAN 2017, S141 Insider Ownership, 28% enaivened tree) PIP
Slide 19: Summary
AKOUSTIS [" SUMMARY a a 7 Q Large and growing high band RF filter market; fastest growth segment in RF Front end is acoustic wave filters Q Rapid development of patented, single crystal BAW technology for 5G » Numerous issued patents covering from raw materials to BAW RF Filters > First demonstrator
Slide 20: Contact Us
AKOUSTIS CONTACT US Jeff Shealy John Kurtzwoil President & CEO Chief Financial Offcat (704) 274-3599 (704) 274-3589 [email protected] jkurtzweil@akousts com Dave Aichele VP of Business Development (704) 274-3600, [email protected] Bob Prag Del Mar Consulting Group Investor Relations (58) 794-95
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