Thruvision : Introduction and Update Presentation

Thruvision Group PLC

Introduction and update

23 May 2023

THRUVISION COMMERCIAL IN CONFIDENCE

THRUVISION COMMERCIAL IN CONFIDENCE

Thruvision

The leading provider of walk-through security technology

Patented technology uniquely capable of detecting all types of items hidden in clothing in real time

Deployed internationally by government and commercial organisations

Quickly, safely and efficiently security screen large numbers of people in wide range of security situations

Sales and manufacturing facilities

in the UK and US

Thruvision sees a person's body heat through clothing

Concealed items block that heat allowing the camera to see them

Advanced AI algorithm provides further capability

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THRUVISION COMMERCIAL IN CONFIDENCE

Market context

Faster and more effective than existing technology, with the additional

benefit of completely removing the need for physical "pat-downs"

Slow and ineffective	Effective security screening
current search procedure	using Thruvision

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THRUVISION COMMERCIAL IN CONFIDENCE

Technology

Patented Terahertz technology with some $50m of investment over the last 20 years

Passive technology operating at 250GHz, giving significant performance advantages

Modular sensor platform, based on deep THz engineering expertise, delivering a range of products

AI-basedimage processing software and very active R&D roadmap, offering potential for further monetisation moving forwards

Patent protection covering all major regions of interest

Full manufacturing capability in UK and US, with strong non-Asia based supply chain

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THRUVISION COMMERCIAL IN CONFIDENCE

Strategy and markets

The Group's strategy is to build on its position as the unique provider of

Terahertz walk-through security technology, in order to increase its market share in emerging and established sectors

RETAIL DISTRIBUTION

Reducing staff theft from warehouses by up to 80%

Hundreds of warehouses use Thruvision to screen thousands of employees every day.

Growing addressable

market totalling at least

20,000 across UK, US

and Europe

CUSTOMS

Checking travellers

for concealed

contraband

In service with eleven international Customs agencies.

Well over 100 systems

already in service with US with addressable market totalling at least 2,000 systems

AVIATION

Deterring attacks

on aircraft and

airports

In US, approved to screen employees - in service in NY, LA and Seattle.

Ongoing accreditation process with US TSA for passenger screening, with addressable market of at least 2,000 systems

ENTRANCE SECURITY

Protecting travellers & visitors

from terrorism

Approved in UK and US

for 'mass casualty' weapons detection.

Highly fragmented

market covering wide range of infrastructure making addressable market hard to size

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