Draganfly (DPRO) Registration Filing summary

Company overview and business model

• Manufactures, engineers, resells, and develops unmanned aerial vehicles (UAVs) for public safety, civil, military, agriculture, industrial, and mapping markets.

• Offers a suite of products including quadcopters, fixed-wing aircraft, controllers, flight training, and proprietary software for tracking and data collection.

• Provides custom engineering, flight services, GIS data services, and spraying/disinfectant services for diverse clients.

• Recent collaborations and contracts include U.S. Department of Defense, U.S. Army, and major telecommunications and defense contractors.

• Expanded U.S. manufacturing and established new facilities to meet growing demand for scalable drone solutions.

Financial performance and metrics

• Incorporated financials by reference include audited statements for 2023 and 2024, and interim results for 2025.

• Reported operating losses and negative operating cash flow for the fiscal year ended December 31, 2024.

• Recent capital raises include multiple U.S. public offerings in 2025, with gross proceeds totaling over US$42 million.

• Significant share issuances from warrant exercises and vesting of restricted share units since September 2025.

Use of proceeds and capital allocation

• Net proceeds intended for general corporate and working capital, funding operations, growth initiatives, debt repayment, acquisitions, and other corporate purposes.

• Management retains broad discretion in allocating proceeds based on investment opportunities and capital needs.

• Proceeds may also be used to fund negative operating cash flows if required.