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Investor Presentation February 2025
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COPYRIGHT 2025 GENASYS INC. Forward-looking Statements & Disclosures 2 Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of geopolitical conflicts and other causes that may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2024. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.
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COPYRIGHT 2025 GENASYS INC.3 Genasys Protect Overview Video A New Era of Public Safety has Arrived - Genasys
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COPYRIGHT 2025 GENASYS INC. Genasys at a Glance | Nasdaq: GNSS Ready when it matters 200 Employees Worldwide 7 Global offices $5.5 Billion TAM1 $150M Market Cap $14M Cash* $15M Debt* *As of December 31, 2024 1 See Appendix 4 Genasys Protect Platform Used in Over 100 Countries Worldwide Military/Law Enforcement Public Safety Critical Infrastructure Protection (CIP) Energy (Oil & Gas) Utilities Heavy Manufacturing Large Entertainment Venues
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COPYRIGHT 2025 GENASYS INC. Introducing Protective Communications Redefining Mass Notification with a comprehensive, reliable, and redundant platform Created Acoustic Hailing Device (AHD) market with LRAD LRAD® Integrated Mass Notification (Hardware & Software) IMNS Evacuation & Emergency Management (Software) SaaS Hardware Innovations Strategic Software Acquisitions PLAN ACT OPTIMIZE Genasys Protect 2003-2012 2018 2021 2023 5
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COPYRIGHT 2025 GENASYS INC. Recent Highlights 6 Received over $10 million in cash deposits for the first two approved groups of Puerto Rico dams Reorded initial ACOUSTICS orders for Riverside County in conjunction with previously awarded Mass Notification win intended to enhance emergency warning coverage beyond Genasys Protect Software Announced 4-year contract with Los Angeles County for addition of Genasys ALERT to existing contract for Genasys EVAC Announced 4-year contract with Maui County for Genasys EVAC and TRAFFIC AI Announced statewide agreement with Oregon’s Office of Resilience and Emergency Management (OREM) for Genasys EVAC. Announced Critical Infrastructure Protection (CIP) orders from Hoover Dam, Port of Houston and Alabama-Coushatta Tribe
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COPYRIGHT 2025 GENASYS INC. Scope: Engineer, Procure and Construct (EPC) software and hardware (speakers, dam sensor instrumentation and comm links), set up EOCs, and train personnel to maintain/operate system Fully Funded by FEMA: $94.3M “The Federal Emergency Management Agency (FEMA) approved over $41.3M for construction phase of the Early Warning System (EWS) for 17 dams in 12 municipalities… In August 2023, FEMA approved an initial EWS set in 20 dams, totaling over $53M in funding.” January 25, 2024. (FEMA release NR604) RFP issued: October 10, 2023 Proposal Submitted: January 19, 2024 Award Notification: February 9, 2024 Protest Period Expiration: March 10, 2024 Definitive Agreement signed: August 7, 2024 PUERTO RICO Early Warning System (EWS) - 37 Dams $75 million 7
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COPYRIGHT 2025 GENASYS INC. Nine Different Dam Sites Nearly 75 ACOUSTIC installations Protecting ~2.5M Residents 60% Deposit has been received Progressing on First Two Groups – AAA and Guayama EOCs ~$17 million 8
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COPYRIGHT 2025 GENASYS INC. Oregon Multi-year, Statewide Contract for EVAC 9 “Changing, exporting, and adding evacuation zones for alerts used to be slow and complicated. With Genasys, the process is much faster. You can select and adjust an area and get it ready for alerts in just a few minutes. This quick turnaround makes managing emergency alerts much easier and more efficient.” -- Nick Vora, Emergency Manager for Union County. “ “ Genasys Protect was instrumental in notifying community members of evacuations during the Falls and Telephone Fires in Harney County. When time is of the essence, being able to instantly notify community members of updated evacuation levels is crucial. We loved the ease of use and the ability to train new staff members on how to use it in under one minute.” -- Melinda Todd, Harney County Emergency Manager “Even well-prepared communities face challenges with evacuations, especially when multiple areas are affected. We’re thrilled to offer this new software to all our counties and Tribes. This tool will help emergency managers make quick and informed decisions to keep everyone safe. Over the last week, the tool was used to coordinate evacuations for the Rail Ridge Fire in Grant, Crook, and Wheeler Counties, which is Oregon’s top priority wildfire.” -- Ed Flick, Director of OREM
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COPYRIGHT 2025 GENASYS INC. CROWS EOF (Escalation of Force) “COMMON REMOTELY OPERATED WEAPON STATION – ACOUSTIC HAILING DEVICES” The Committee commends the Army for the successful implementation of t he Acoustic Hailing Device (AHD) program… Incorporating AHDs into existing CROWS is a logical extension of the current program and the Committee is encouraged by the progress that the Army has made in this effort. The Committee directs the Secretary of the Army to provide a briefing to the House and Senate Appropriations Committees, not later than 90 days after the enactment of this Act, on the CROWS–AHD program with a focus on the acceleration of prototyping, testing, and fielding of this capability. Adds LRAD 450XL, light, laser dazzler to CROWS Joint requirement approved in 2015; PEO Soldier is PM $150K Tech Feasibility Study phase I – complete Jul 2023 $950K Tech Feasibility Study phase II – complete May 2024 o Convertor Modules – converts excess 450XLs for CROWS 450XL-RT – next generation 450XL designed for CROWS o Test and qualification begins in May o Prototype shipping to Picatinny in May o CROWS 16 Program Review to be held June 5-6 in Picatinny, NJ FY24 DOD Appropriations Bill Added $20M to program ($5M RDT&E + $15M Procurement) Added Congressional language as highlighted right Added AHDs to Guard & Reserve Priority Equipment List FY25 DOD Appropriations Bill Discussions Underway Program Status # SYSTEMSVALUESYSTEMYEAR NA$150KTFS Phase IFY22 2-3$954KTFS Phase II + PrototypesFY23 35TBDConvertor Modules +FY24 TBD TBDLRAD 450XL-RTFY25 TBD TBDLRAD 450XL-RTFY26
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COPYRIGHT 2025 GENASYS INC. Genasys will ensure that our customers are ready when it matters Moving at 60 miles an hour, wildfires can threaten numerous counties at once A water main break necessitates a boil-water order Extreme weather is predicted to flood multiple city blocks A hazardous chemical spill makes downwind areas uninhabitable Multiple bomb threats have been made against your municipality Infrastructure failure causes a citywide power outage A political protest is in danger of getting out of hand 12
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COPYRIGHT 2025 GENASYS INC. Events Drive Change US Navy orders all vessels to install AHDs to determine intent, while creating time and distance for decision making 12 2000, USS Cole Attacked in Yemen, killing 17 sailors 2009, Australian Black Saturday Bushfires kill 173 people 2011, Japan Earthquake and Tsunami kill nearly 20,000 people 2017, Hurricane Maria devastates Puerto Rico killing nearly 3,000 people 2018, Camp Fire destroys towns of Paradise and Concow, killing 85 people Japan installs >1,000 LRAD systems across the entire country. Australian government implements a nationwide two-way text warning system Puerto Rico, funded by FEMA, deploys emergency warning system including solar powered and satellite connected Genasys LRAD systems. 35 of 58 counties in California have licensed Zone Based Evacuation solutions
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COPYRIGHT 2025 GENASYS INC. Increasing coverage of CA with Genasys Protect Population Total: 39.5M Genasys: 25M Counties Total: 58 Genasys Protect: 36 Suite: 12 Alameda Calaveras Contra Costa Del Norte Humboldt Inyo Kern Lake Lassen Los Angeles Madera Marin Modoc Mono Monterey Napa Nevada Orange* Plumas Riverside San Benito San Diego San Francisco* San Luis Obispo San Mateo Santa Clara Santa Cruz Shasta Sierra Siskiyou Solano Sutter Tehama Tulare Yuba *partial EVAC Suite CONNECT ACOUSTICS 13
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COPYRIGHT 2025 GENASYS INC. Targeted Opportunities for Accelerated Growth Increased revenue drive by shifting mix towards higher margin SaaS (excluding Puerto Rico project) SaaS Growth Drivers Land and Expand Differentiated Solution Rapid Innovation and technical improvement Passionate customer support International expansion Partner channel FY2023 SaaS (US) LRAD ACOUSTICS Int'l FY2026 Targeted Sources of Revenue Growth 14
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Thank you! 16262 W. Bernardo Dr. San Diego, CA 92127 (+1) 855 436 2797 www.genasys.com
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Appendix
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COPYRIGHT 2025 GENASYS INC. $5.5B+ Addressable Market Sources: Frost & Sullivan – Unified Critical Communications Market Analysis Gartner – Market Guide for Emergency/Mass Notification Services Solutions Avascent – AHD and MNS Market Assessments Barnes Reports National Centers for Environmental Information Brookings Research - Global manufacturing scorecard Northland Research 5.14.2021 Includes cross section of Zonehaven subscriptions to date 17
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COPYRIGHT 2025 GENASYS INC. Management Team 18 Richard S. Danforth, Chief Executive Officer Richard S. Danforth has over 30 years of defense and aerospace industry experience including executive leadership positions with two of the world’s largest defense contractors, Raytheon Company (NYSE: RTN), and DRS Technologies Inc, a wholly owned subsidiary of Leonardo-Finmeccanica (BIT: LDO). Dennis D. Klahn, Chief Financial Officer Dennis D. Klahn has more than 30 years of accounting, finance and operations experience, which includes serving as Controller or CFO at several publicly traded companies, including Teledyne Technologies (NYSE: TDY), ISE Corporation, Overland Storage, Anacomp, and International Lottery & Totalizator Systems.
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COPYRIGHT 2025 GENASYS INC. Additional Resources Genasys Overview Video Genasys Protect Public Safety Video Genasys Protect Product Demo Video Protective Communications: Extending the Capabilities of Today’s Mass Notification Systems 19
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COPYRIGHT 2025 GENASYS INC. Proposed Design for Puerto Rico Dams 20
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COPYRIGHT 2025 GENASYS INC. Public-facing mobile app Meet users wherever they are and keep them informed on response status Empower the public with the Genasys Protect mobile app. Disseminate location-based aggregated information to mobile users Augment standard emergency communications channels with purpose- built technology Help community members understand and track what is happening in their own and surrounding geographic zones 21
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ALERT EVAC CONNECT (Evertel) Real time, zone- based planning and evacuation management Intelligent, location based multichannel mass notification ACOUSTICS Remotely managed, always-on voice message broadcast system TRAFFIC AI THREAT DETECTION (3rd Party Partners) Genasys Protect Packages 22 COPYRIGHT 2024 GENASYS INC.
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Thank you! 16262 W. Bernardo Dr. San Diego, CA 92127 (+1) 855 436 2797 www.genasys.com