SSH Communications Security (SSH1V) Partnership summary

Opening remarks and agenda

• Investor call introduced by finance team, outlining speakers and Q&A session.

• Call hosted securely and recorded for later access.

• Announcement of intention to form a strategic partnership between a cybersecurity firm and a global aerospace, defence, and security company.

• Disclosure of a EUR 20 million investment agreement and related share issue.

Objectives of the partnership

• Leonardo to become the largest shareholder, marking a capital increase and strategic partnership to develop cybersecurity solutions.

• Focus on joint development in Zero Trust and network security, integrating solutions for enhanced market offerings.

• Aim to position the cybersecurity firm as a key partner for Zero Trust Privileged Access Management and quantum-safe encryption solutions.

• Expand market reach, particularly in defence and government sectors outside the Nordic countries.

Partner introductions and roles

• SSH leadership (Chairman, CEO, CFO) and Leonardo's SVP of M&A participated.

• Leonardo described as a global leader in aerospace and defense, with a strong presence in cyber and multi-domain operations.

• The cybersecurity company specializes in securing communications and access for diverse clients, including Fortune 500 firms.

• The aerospace and defence partner employs 53,000 people and participates in major international programs.