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NASDAQ: INBS | August 2026 Pioneering Pain-free Solutions Transforming drug testing with non-invasive, cost-effective, reliable solutions.
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2 Forward Looking Statements Certain statements in this presentation may constitute “forward-looking statements” as defined in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”), the Private Securities Litigation Reform Act of 1995 (the “PSLRA”), or in releases made by the U.S. Securities and Exchange Commission (the “SEC”), each as amended from time to time. Such forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the actual results, performance, or achievements of Intelligent Bio Solutions, Inc. and its affiliates (“INBS” or the “Company”), or industry results, to differ materially from any future results, performance, or achievements expressed or implied by such forward-looking statements. Statements that are not historical facts are forward-looking statements. Forward-looking statements can be identified by, among other things, the use of forward-looking language, such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “potential,” “may,” “might,” “will,” “would,” “could,” “should,” “seeks,” or “scheduled to,” and similar expressions, or the negative of these terms or comparable language, as well as by discussions of strategy or intentions. Forward-looking statements in this presentation include, without limitation, statements regarding the Company’s ability to successfully develop and commercialize its testing solutions, realize commercial benefits from its partnerships and collaborations, and ability to secure regulatory clearance or approvals, among others. These cautionary statements are being made pursuant to the Securities Act, the Exchange Act, and the PSLRA, with the intention of obtaining the benefits of the “safe harbor” provisions of those laws. INBS cautions that any forward-looking statements made by INBS are not guarantees of future performance. Although INBS believes that its plans, cost estimates, returns on investments, intentions, and expectations reflected in or suggested by such forward-looking statements are reasonable, actual results could differ materially from any projections or assumptions expressed as of the date such forward-looking statements are made. INBS’s future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, including those described in INBS’s filings with the SEC. INBS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, subsequent events, or otherwise, except as required by law. These materials are not intended as an offer to sell or a solicitation of an offer to buy any security and may not be reproduced or redistributed, in whole or in part, to any other person. Recipients should seek appropriate independent professional advice before relying on these materials or entering into any commitment based upon them. All information included in this presentation is based on continuing operations unless otherwise noted. NASDAQ: INBS
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We are a medical technology company delivering intelligent, rapid, non-invasive testing solutions. Our mission is to redefine the approach to testing and deliver pain-free, accessible solutions that drive transformative change and improve the quality of life. 3NASDAQ: INBS
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Simpler Drug Testing Our Intelligent Fingerprinting Drug Screening System is revolutionizing portable testing through fingerprint sweat analysis, which has the potential for broader applications in additional fields. This efficient and cost -effective system is designed to screen for recent use of drugs commonly found in the workplace, including opiates, cocaine, methamphetamine, and cannabis. 4NASDAQ: INBS
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3 Steps to Simpler Drug Testing Donor places the tip of each finger on the fingerprint collection area for 5 seconds. Test administrator inserts the cartridge into the digital reader. The reader provides results in less than 10 minutes*. 1 2 3 5NASDAQ: INBS * INBS has commenced a Validation Study for a rapid drug screening cartridge targeting 70% faster results.
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Our Advantage: Window of Detection Different drug testing sample types detect drug use over different time periods. Urine testing identifies drug use from several days or even weeks prior. Saliva testing detects drugs used up to 48 hours before testing. Fingerprint Drug Testing focuses on detecting recent drug use up to 16 to 24 hours before testing, providing a greater indication of potential impairment. By using sweat as a sample, employers can focus on ‘fitness for duty’ at the time of testing, rather than historical use. 6NASDAQ: INBS
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7 Consumables-led Recurring Revenue Model 0 500 1000 1500 2000 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Drug Screening Reader (1x sale) Installed Readers in the Market NASDAQ: INBS 0 100,000 200,000 300,000 400,000 500,000 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Disposable Drug Screening Cartridge (recurring revenue) Cartridge Sales
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$1.8 $2.5 $0.7 $0.9 $0.6 $0.8 $- $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 $3.5 $4.0 $4.5 FY 2025 FY 2026 Cartridges Readers Accessories 8 Full Year Revenue & Gross Margin $3.05 $4.21 40.8% 48.6% 35% 40% 45% 50% 55% 60% 65% FY 2025 FY 2026 Revenue ($M) for the Period Ending 30 June Gross Margin for the Period Ending 30 June 38% YoY increase
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NASDAQ: INBS Customer Accounts 500+ Active Accounts Sold into 35 Countries & Territories
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10 Anticipated Milestones & Timing Milestone Completion Timing (Calendar Year) Clinical data collection across the Company’s FDA 510(k) clinical study program ✓ Aug 2026 Analysis, compilation and finalization of 510(k) submission package Ongoing Submission of package seeking FDA 510(k) clearance for the opiate codeine Q4’ 2026 If FDA 510(k) clearance received in H1’ 2027, then: Establish Distribution Network (partnerships & distributors) H1’ 2027 Commence U.S. studies to expand drug detection indications including cannabis, cocaine, and methamphetamine H1’ 2027 Complete rapid cartridge development H2’ 2027 Submit 510(k) application seeking FDA clearance for cannabis, cocaine, and methamphetamine H1’ 2028
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Intelligent Fingerprinting Drug Testing 11NASDAQ: INBS
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How it Works 12 The journey of a drug through the body: Absorption: how the drug moves from the site of administration to the site of action. Distribution: the journey of the drug through the bloodstream to various tissues of the body. Metabolism: the process that breaks down the drug. Excretion: the removal of the drug from the body via sweat. The Intelligent Fingerprinting Drug Screening System detects recent drug misuse by screening metabolites in sweat from fingerprints. Distribution Excretion Absorption Metabolism Consumption NASDAQ: INBS
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13 Benefits of Fingerprint Drug Testing Reduce Risk Aim to identify current impairment rather than past use with a detection window of up to 16-24 hours. Save Costs Bring drug testing in-house and eliminate the need for specialized staff or facilities. Increase Efficiency Rapidly collect samples and employ batch testing to analyze drug screening results in minutes. Expand Testing Capabilities Conduct screening at any time and location with a compact and portable system. Respect Dignity & Privacy Preserve employee dignity with quick, non- invasive, and hygienic analysis of fingertip sweat. Ensure Testing Integrity Prevent foul play and maintain sample integrity through administrator- supervised testing and self-locking sample seals. NASDAQ: INBS
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Fingerprint Saliva Urine Detection Window Up to 16 – 24 hours Up to 2 days Up to 4 days Average Test Time Less than 10 minutes (2-3 mins when batch testing) Up to 20 minutes 20 minutes – 4 hours or more Average Annual Cost * ~ $5,500 ~ $7,600 ~ $7,750 Accuracy Up to 99% Up to 98% Up to 99% * Based on 80 drug tests per year. Includes labor, consumables, biohazardous disposal (saliva and urine), and the cost of four non-negative results per year. 14NASDAQ: INBS Intelligent Fingerprinting vs Urine & Saliva Drug Testing
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Market Opportunity Leveraging intelligent, non-invasive testing to address global demands. 15NASDAQ: INBS
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FDA 510(k) In September 2025, the FDA determined that additional data was required from the Company, thus requiring it to submit a new 510(k) submission. The FDA determination did not question the underlying technology but rather identified a need for broader evidence. The Company has compiled a comprehensive body of data that addresses the areas identified through the FDA review process and anticipates filing a new 510(k) submission in H2 2026. 16 FDA-Related Work Completed Clinical cut-off study for codeine ✓ Multi-site method comparison ✓ Usability study ✓ Interference study ✓ Precision testing – over 1,600 tests ✓ Cybersecurity / penetration testing ✓ Software / SBOM issues Resolved New 510(k) submission H2’ 2026 FDA aims to make a decision regarding clearance within 90 days following receipt of the 510(k) package
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17 Addressing a $400 Billion Substance Abuse Problem1 The Drug Screening Market is projected to reach US$13.1 billion in 2026 and is expected to reach US$31 billion by 2032, growing at a CAGR of 15.4%2. Market Drivers • Workplace safety compliance in high-risk industries • Rising substance use concerns • Focus on speed, accuracy, privacy • Push to reduce adulteration risk • Growing adoption of rapid testing Opportunity • Meets demand for speed, accuracy, and privacy • Reduced adulteration risk favors non-urine alternatives NASDAQ: INBS 1 U.S. Department of Health and Human Services. The Surgeon General’s Report on Alcohol, Drugs, and Health. Available at: https://www.hhs.gov/sites/default/files/facing-addiction-in- america-surgeon-generals-report.pdf 2 Research and Markets, August 2026. Drug Screening Market - Global Forecast 2026-2032. Available at: https://www.researchandmarkets.com/report/drug - screening?srsltid=AfmBOoprCyaaQ2WffyrsCdbW9IVUJtNzhCrvkuYR0rl5ACcXXKB4fojS Hyperlinks and website references in this presentation are provided for convenience only, and do not incorporate the referenced content into this presentation.
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U.S. Market Opportunity The U.S. Drug Screening Market was valued at US$4.6 billion in 2025, and is expected to reach US$9.4 billion by 20301. Market Drivers • Stringent federal and state regulations • Rising substance abuse concerns • Mandatory workplace testing requirements Opportunity • Strong projected market growth • Increasing demand for rapid screening solutions • Broader adoption across workplace, healthcare, and criminal justice systems 18 NASDAQ: INBS 1 Markets and Markets, July 2026. US Drug Screening Market (2025-2030). Available at: https://www.marketsandmarkets.com/Market -Reports/geography/drug-alcohol-screening- market/US Hyperlinks and website references in this presentation are provided for convenience only, and do not incorporate the referenced content into this presentation.
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Target Sectors Government • Public safety and compliance initiatives • Border security and customs screening • Workplace safety programs across state agencies • Defense and national security applications • Emergency and frontline workforce testing Law Enforcement & Corrections • Roadside drug testing • Corrections, probation, and parole monitoring • Police recruitment and ongoing compliance testing • Court-mandated rehabilitation and evidentiary screening • Forensic and investigative applications 19NASDAQ: INBS Sports • Athlete testing (Professional, Collegiate and Schools) Aviation & Maritime • Flight and ground crews • Pre-boarding screening • Random at sea or incident testing (no labs available) Hospitals & Healthcare • Point-of-care drug screening • Emergency rooms (time is critical) Energy • Offshore oil & gas (remote locations) Beyond Safety-Critical Workplace Settings
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Statistics: UNODC World Drug Report 2026, reporting on the 2024 market. Statistics are based on the number of people who used drugs in the global population aged 15-64. Growing Drug Consumption Approximately 331 million people used an illicit drug in 2024, a 34% increase over the last 10 years. cannabis users, representing 4.8% of the global adult population and making it the most used drug in the world. 256 million opioid users, representing 1.2% of the global adult population. 63 million amphetamine users, representing 0.60% of the global adult population. 32 million cocaine users, representing 0.47% of the global adult population. 25 million 20NASDAQ: INBS
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More Than 70% of Adults Abusing Alcohol or Illicit Drugs in the U.S. Are Employed1 Illicit drugs are a continuing issue, contributing to accidents in the workplace. In 2024, the combined U.S. workforce urine drug positivity rate was 4.4%, with a 4% or higher overall drug positivity rate persisting over the past 10 years2. Marijuana is the most frequently detected substance, with post-accident positivity of 7.3% in 20242, increasing 114.3% between 2015 and 20233. INBS is working towards FDA clearance of its Intelligent Fingerprinting Drug Screening System for detection of the opiate codeine. FDA clearance is expected to enable expansion beyond Forensic Use Only settings into the multi- billion-dollar U.S. drug screening market. 21NASDAQ: INBS 1 Centers for Disease Control and Prevention, 2023. Mental Health, Alcohol Use, and Substance Use Resources for Workers and Employers. Available at: https://www.cdc.gov/niosh/bulletin/2023/mental-health- substance-use.html 2 Quest Diagnostics, 2025. 2025 Annual Report and Industry Insights. Available at: https://www.questdiagnostics.com/content/dam/corporate/restric ted/documents/drug-testing-index/2025-Drug-Testing-Index- report.pdf 3. Quest Diagnostics, 2024. Workforce Drug Test Cheating Surged in 2023, Finds Quest Diagnostics Drug Testing Index Analysis of Nearly 10 Million Drug Tests. Available at: https://newsroom.questdiagnostics.com/2024-05-15-Workforce- Drug-Test-Cheating-Surged-in-2023,-Finds-Quest-Diagnostics- Drug-Testing-Index-Analysis-of-Nearly-10-Million-Drug-Tests Hyperlinks and website references in this presentation are provided for convenience only, and do not incorporate the referenced content into this presentation.
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Drugs & Alcohol in the Workplace Drug & Alcohol Testing per Industry 2021 Percentage of Establishments Testing New and Current Employees1 0% 10% 20% 30% 40% 50% 60% Total U.S., private sector Natural resources and mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing 22NASDAQ: INBS 1 US Bureau of Labor Statistics, 2021. Business Response Survey 2021 Charts : Establishments that are drug testing or alcohol testing new applicants or current employees, by industry (percent) . Available at: https://www.bls.gov/brs/data/charts/2021 • Note: this data represents the most recent comprehensive US Bureau of Labor Statistics survey on this topic. Hyperlinks and website references in this presentation are provided for convenience only, and do not incorporate the referenced content into this presentation.
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Capitalization Table 23NASDAQ: INBS Securities Outstanding (as of June 30, 2026) Common Stock Issued 2,905,603 Pre-funded Warrants 894,425 Total Common Equivalent Shares* 3,800,028 Warrants (WAEP - $6.51) 5,223,868 *No ratchets or resets.
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24 Summary NASDAQ: INBS Increased revenue and growth, utilizing the Razor/Razor -blade model. Rapid, non-invasive, cost -effective solution to address the growing global drug screening market. Strong Intellectual Property (IP) portfolio, including our sixth U.S. patent granted in FY2025 and eighth European patent granted in FY2026. Achieved significant operational milestone with Syrma Johari manufacturing partnership, expected to deliver >40% annual production cost savings and a ~20 percentage point improvement in gross margins. Completed multiple milestones as we progress toward planned U.S. market entry. All clinical data collection complete. Planned submission on track for calendar H2, 2026. Large growing customer base with 1800+ installed readers and 500+ active customers.
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Thank You www.ibs.inc | info@ibs.inc 25NASDAQ: INBS