ASX:BRNInvestorPresenta,on

April2016

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ASX:BRNDisclaimer

Thispresenta,onisnotaprospectusnoranofferforsecuri,esinanyjurisdic,onnorasecuri,esrecommenda,on.Theinforma,oninthispresenta,onisanoverviewanddoesnotcontainallinforma,onnecessaryforinvestmentdecisions.Inmakinginvestmentdecisionsinconnec,onwithanyacquisi,onofsecuri,es,investorsshouldrelyontheirownexamina,onoftheassetsandconsulttheirownlegal,businessand/orfinancialadvisers.Theinforma,oncontainedinthispresenta,onhasbeenpreparedingoodfaithbyBrainChipHoldingsLtd,howevernorepresenta,onorwarrantyexpressedorimpliedismadeastotheaccuracy,correctness,completenessoradequacyofanystatements,es,mates,opinionsorotherinforma,oncontainedinthispresenta,on.TothemaximumextentpermiMedbylaw,BrainChipHoldingsLtd,itsdirectors,officers,employeesandagentsdisclaimliabilityforanylossordamagewhichmaybesufferedbyanypersonthroughtheuseorrelianceonanythingcontainedinoromiMedinthispresenta,on.Certaininforma,oninthispresenta,onreferstotheinten,onsofBrainChipHoldingsLtd,butthesearenotintendedtobeforecasts,forwardlookingstatementsorstatementsaboutfuturemaMersforthepurposesofthecorpora,onsactoranyotherapplicablelaw.Theoccurrenceofeventsinthefuturearesubjecttorisks,uncertain,esandotherfactorsthatmaycauseBrainChip’sactualresults,performanceorachievementstodifferfromthosereferredtointhispresenta,on.Accordingly,BrainChipHoldingsLtd,itsdirectors,officers,employeesandagentsdonotgiveanyassuranceorguaranteethattheoccurrenceoftheeventsreferredtointhepresenta,onwillactuallyoccurascontemplated.

TheNextGenera2onofFast,AutonomousMachineLearning

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ASX:BRNOverview

SNAPtechnologyprovidesrapidandautonomouslearning

Thetechnologyisfast,completelydigital,andconsumesverylowpower

BrainChipfollowsaprovensemiconductorindustryIntellectualProperty(IP)licensingmodelinderivingitsrevenuefromLicense,EngineeringandRoyaltyfees

BrainChiphasdevelopedarevolu2onarySpikingNeuronAdap2veProcessor(SNAP)technologythatlearnsautonomouslyandunsupervised,evolvesandassociates

informa2onjustlikethehumanbrain

ASXCode BRN

MarketCap(April14,2016) A$127.1M

SharePrice(April142016) A$0.18

IssuedShares 706.38M

Op,ons 29.55M

Cash(March31,2016) US$803,000

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ASX:BRNSNAP’s Unique Features

Nextgenera2onrapidreal2melearning,learnsautonomouslywithinseconds

Arevolu,onarycustomdigitalhardwaredesign,notradi,onalprocessingcore,nofirmware,noexternalmemory

Real2merecogni2onatverylowlatency

Massiveparallelexecu2on–allneuralnodesareupdatedatthesame,me,enablingaspeedthousandsof,mesfasterthanpeersoLwareneuralnetworks

Performsconsistentlyatexcep2onallyhighspeedanddoesnotslowdownwithnetworksize

Significantlylowerpowerconsump2onenableslargenetworkstobeintegratedintoportabledevices

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ASX:BRNTechnology Advantages

NeuralNetworkScaledSize

SoLware2meperUpdateCycle

(seconds)

Hardware2meperUpdateCycle

(seconds)

BrainChipSNAPSpeedIncrease

25 0.0074 0.00025 30x

75 0.0222 0.00025 89x

225 0.0666 0.00025 266x

675 0.1998 0.00025 799x

2,025 0.5994 0.00025 2,398x

6,075 1.7982 0.00025 7,193x

18,225 5.3946 0.00025 21,578x

30x 89x 266x 799x2,398x

7,193x

21,578x

0

5,000

10,000

15,000

20,000

25,000

25 75 225 675 2025 6075 18225

BrainChip'sSNAPSpeedIncrease

(NetworkSize)

(Spe

edIn

creaseFactor)

Speed(DegreeofParallelism) LowPower SelfLearns(Autonomous)

BrainChiphasasignificantspeedadvantagein“all-at-once”processing

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ASX:BRNTechnology Advantages (cont’d) Speed(DegreeofParallelism) LowPower SelfLearns(Autonomous)

0.5

300

800

0

100

200

300

400

500

600

700

800

900

BrainChip GPU DesktopComputer

PowerConsump2onWa8s

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ASX:BRNTechnology Advantages (cont’d) Speed(DegreeofParallelism) LowPower SelfLearns(Autonomous)

Clickheretoviewthevideo(1:36-2:44)

DevelopmentofanAutonomousVisualFeatureExtrac2on(AVFE)system

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ASX:BRNLeading The Next GeneraEon

•  Requiresasmallsampleset•  Learnswithininseconds•  Autonomouslylearnsandextractsfeatures

SNAPisastandalonefastmachinelearningtechnologycapableofaccelera2ngatechnology-partner’sexis2ngdeeplearningsolu2ons

•  Requiresmillionsofsamples•  Learnsfeaturesindaysorweeks

PreviousGenera2on:DeepLearning NextGenera2on:RapidRealTimeLearning

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ASX:BRNCompeEEve Landscape

Thistablecontainscommerciallyavailableproductsandannouncedproducts.ItdoesnotlistarangeofanalogVLSIdevicesthataredevelopedbyStanford,UCSD,SalkIns,tuteandothersbecausetheseareresearchdevices.AnalogVLSIaredifficulttomass-produce.

CompaniesDegreeofparallelism(speed)

Lowpowerconsump,on

Chipdesignedforneuralnetworks

RapidLearningcapabili2eson

chip

Execu,on,meindependentofneuralnetwork

size

Usesthirdgenera,onneuralnetworks(spiking)

Hardware-Chip

BrainChip(SNAP)

IBM(TrueNorth)

Movidius

Cognimem

DeepLearning

DeepMind(Google)

Facebook

VicariousGeneralVision

TeraDeep

Robo2csBrainCorpora,on

Neurala

Eachquadrantrepresents25%CAPABILITY

SimplifiedNeuronmodel

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ASX:BRNMarket Opportunity

  Theneuromorphicchipmarketises,matedwillbeworth$4.8billionby2022withaCAGRof26.31%*

  Licenseopportuni,esandrelatedrevenuesaresignificant(highlightedinslide12)

  Neuromorphicsectorandar2ficialintelligencehavebeenseekingSNAP’scapabili,es

  SNAPIPisacoreenablingtechnologyinneuromorphicsemiconductorchips

  Neuromorphicchipscanbeusedinnearlyanysmartapplica,onorproduct–amassiveandunlimitedmarket

*Source:MarketsandMarkets2015Report

•Smartphones•InternetofThings(IoT)•Drones;hazardavoidance,mapping•Gaming •SecurityandCyberSecurity•DriverlessVehicles

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ASX:BRNMarkeEng Strategy - Partners

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ASX:BRNCommercializaEon Strategy

Becomethede-factostandardforautonomouslearning

Growanetworkoftechnologypartners,andOEMcustomersforlicensingandtosa,sfyexis,ngandexpandingneedsinar2ficialintelligence

Deliverhigh-techIPproductsthatintegrateintotechnologypartners’solu2onstoaccessexis,ngmarkets

Buildanexpandingporlolioofglobalpatents

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ASX:BRNBusiness Model

Chips

OEMCustomers

Products

License

EndUsers

ProductDevelopmentRequestsNRE($)

Royal,es($) SemiconductorPartners

Licensing($)

ThreeRevenuesources:1)  LicensingRevenue–SNAPlicensedtoOEMcustomersandsemiconductorcompanies.2)  NRERevenue–Semiconductorcompanydesignsandmanufacturesaspecificchipu,lizingSNAP

withothertechnologies.Thechipisincorporatedintoaproductandsold.BrainChiptechnicalteamwillgenerateserviceincomeincustomizingSNAPtotheclientapplica,on

3)  RoyaltyRevenue–Royaltyforeverychipmanufactured,basedonpercentageofchipprice.

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ASX:BRNMulEple Channels to Market

•  Cellphones•  MEMS•  Security•  Robo,cs

OEMCustomers

•  DirectSalestoiden,fiedcustomers

•  Jointmarke,ng•  IPsales/distributorpartners

BrainChipSNAPSalesModel

•  Workwithsemiconductorpartnerstocompletethesolu,ons

Hardware&soLwaremodulesolu2onproviders

•  LicenseSNAPandmanufacturesystemonchipproductsforOEMs

SemiconductorPartners

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ASX:BRNIP ProtecEon

Protec,nganddevelopingintellectualpropertyisacentralpartofBrainChip’sbusinessstrategyBrainChipisthefirstcompanytofileadigitalneuromorphicchippatent(2008)Cita,onsofBrainChip’spatentsareaccelera,ng–aleadingindicatorforagrowingmarket1patentgranted–AutonomousLearningDynamicAr,ficialNeuralCompu,ngDeviceandBrainInspiredSystem:8,250,011citedmul2ple2mes6patentscurrentlypendingandmanymoreplanned

LeadingCompaniesCi2ngBrainChip¹ Cites

Qualcomm 13IBM 9SamsungElectronics 1Others 2¹Par,allist.U.S.patentsandcitesareasofDecember31,2015.

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ASX:BRNBoard and Management

•  MickwasapartneratleadinggloballawfirmMallesonsStephenJaquesfor20years,inthestructuring&execu,onoflarge-scaletransac,onsaroundtheworld.Hassinceworkedinprivateequityfundraising&investmentsupervision,crea,ngstrategy&helpingtodeliverviablebusinessresults.MickhasbeenChairmanofnumerouslisted,private&not-for-profiten,,es.

MickBoltoNon-Execu2veChairman

•  CorporatebackgroundwithanemphasisonM&A,capitalraising&businessdevelopment.NeilRinaldiNon-Execu2veDirector

•  Attheforefrontofcomputerinnova,onfor40years.Designedhighresolu,on,highspeedcolorGraphicsAcceleratorchipforIBMPCgraphics.CTOatvCISTechnologywhereheinventedacomputerimmunesystem&becameChiefScien,stwhenitwasacquiredbyInternetSecuritySystems,&subsequentlyIBM.In2010publishedHigherIntelligence,abookdescribingthearchitectureofthebrainfromacomputerscienceperspec,ve.

PeterAJvanderMadeFounder,CEO&CTO

•  30yearsatseniormanagementposi,onsinthesemiconductorindustry.AtWesternDigitalhedevelopedPCcoreLogicchipsets.HestartedasVPEngineeringatConexantSystemsIncanddevelopedmanyproductsacrossindustrysegmentsthenbecameCDOoverseeingproductdevelopmentforV92Modem,DSL,Set-topboxes,PCaudioandvideo‘SystemonaChip’products.MovedtobeSVPofVLSIEngineeringatMindspeedTechnologies,responsibleforWirelessandVOIPinfrastructureproductdevelopment.

AnilMankarCOO&SVPEngineering

•  AtBrainChipsince2012.CurrentlyAssociateProfessorofElectricalEngineeringatEdithCowanUniversityinWesternAustraliaandholdsaPh.D.inmicroelectronicsfromtheNa,onalPolytechnicIns,tuteofGrenoble.

Dr.AdamOsseiranNon-Execu2veDirector

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ASX:BRNScienEfic Advisory Board

Dr.NicholasSpitzerNeuroscien2stDis,nguishedProfessoratUniversityofCalifornia,SanDiegoPh.D.HarvardUniversityEditor-in-chiefofBrainFacts.orgRecipientofaSloanFellowship,aJavitsNeuroscienceInves,gatorAward&aGuggenheimFellowshipDirectoroftheKavliIns,tuteforBrainandMind

Dr.JeffreyKrichmarCogni2veScien2stProfessoratUniversityofCalifornia,IrvinePh.D.GeorgeMasonUniversityresearchinterestsincludeneuro-robo,cs,embodiedcogni,on,neuralarchitecturePreviouslySeniorFellowinTheore,calNeurobiologyatTheNeurosciencesIns,tute

Dr.GertCauwenberghsBio-EngineeringScien2stProfessoratUniversityofCalifornia,SanDiegoPh.D.CaliforniaIns,tuteofTechnology,PasadenaResearchinterestsincludeBiomedicalintegratedcircuitsandsystems,micropoweranalogVLSI,neuromorphicengineering,adap,veneuralcomputa,on,learningandintelligentsystems.

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ASX:BRNKey Takeaways

Firstmoveradvantage–Nextgenera,ontechnologythatlearnsautonomously,issignificantlyfasterandrequiresconsiderablylesspowerthanwhatiscurrentlyavailable

Hugemarket–neuromorphicchipmarketalonetobe$4.8bn*by2022consistofabundantopportuni,es

Hardware-onlysolu2onmeansthousandsof,mesfasterthansotware,noprogramming,instantreadyneuralnetworkwithlowpowerusage

IPandtradesecretscreatehighbarrierstoentry

Aorac2ve,high-marginrevenuemodel

Highlyexperiencedmanagementteamwithsignificantinsiderownership(60%+)

*Source:MarketsandMarkets2015Report

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ASX:BRNContact

www.brainchipinc.com.au

CompanyNeilRinaldi–NonExecu,veDirectore:nrinaldi@brainchip.com.au

InvestorRela2onsGregFalesnik–USASeniorVicePresident–MZNorthAmericae:greg.falesnik@mzgroup.usm:+19493856449BenKnowles–Australia WalbrookInvestorRela,ons e:ben.knowles@walbrookir.com.aum:+61426277760

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ASX:BRNKey Takeaways

Firstmoveradvantage–Nextgenera,ontechnologythatlearnsautonomously,issignificantlyfasterandrequiresconsiderablylesspowerthanwhatiscurrentlyavailable

Hugemarket–neuromorphicchipmarketalonetobe$4.8bn*by2022consistofabundantopportuni,es

Hardware-onlysolu2onmeansthousandsof,mesfasterthansotware,noprogramming,instantreadyneuralnetworkwithlowpowerusage

IPandtradesecretscreatehighbarrierstoentry

Aorac2ve,high-marginrevenuemodel

Highlyexperiencedmanagementteamwithsignificantinsiderownership(60%+)

*Source:MarketsandMarkets2015Report