1 MAY 2019 NEW SUB-CONTRACT ON USD $2 BILLION US GOVERNMENT PROJECT WhiteHawk awarded five year Cyber Sub-Contractor role on USD $2 Billion U.S. Federal Government deparment contract Highlights • Whitehawk has been awarded a sub-contractor role under the prime contractor on a newly awarded USD $2 Billion Contract for a US Federal Government Department • WhiteHawk's sub-contract length is 5 years (1 year with 4 option years) • Delivery specifications are actively being scoped with the respective prime contractor and the respective U.S. Federal Government Department • First year revenue to WhiteHawk is expected to be between USD $300K to USD $600K, and subject to final scoping by the Prime and customer, revenue is expected to grow bewteen USD $1M to USD $3M per year in subsequent years • Work by WhiteHawk has now commenced under this contract • Formal announcements of the specific governmental department and prime contractor is forthcoming pending customer approval Perth, WA and Alexandria, VA – WhiteHawk Limited (ASX:WHK) (“WhiteHawk or “the Company”), the first global online cyber security exchange enabling small-to-medium businesses to take smart action against cybercrime, is pleased to announce that it has entered into a U.S. Federal Government contract supporting a large government department through the Chief Information Officer (CIO). In this contract, an Arlington, Virginia based company will serve as the primary contractor (“prime”). This prime’s federal business division has served every cabinet-level department and 30 of the largest federal organizations with clients in defence, intelligence, public safety, civilian and military health organizations. It is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations, with 469,000 people serving clients in more than 120 countries. Under this five-year contract (one year with four option years), WhiteHawk will provide an enterprise-wide Cyber Risk Management Framework, cyber intelligence and innovation introduction and transition, as well as tailored cyber subject matter expertise as part of the prime’s team. Tasks in the contract will span the government department’s operations nation wide, providing needed added protections to a breadth of office and mission functions. followed by customer evaluation and option for expansion The contract is commencing immediately, and extension. The quantum of this first year of the WhiteHawk subcontract is expected to be between US$300K to US$600K. In the options years, subject to final scoping by the Prime and customer, WhiteHawk’s subcontract is expected to grow to US$1M - US$3M each year. Optional future expansions by the US Government may increase the scope of WhiteHawk’s services
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