24 July 2025 ASX Announcement

• Hon Pat Conroy, Minister for Defence Industry, has today announced the initial LAND156 contract awards
• DroneShield has received approximately $5 million in orders, of $16.9 million total
• DroneShield Limited (ASX:DRO) (DroneShield or the Company) is pleased to share the announcement by the Hon Pat Conroy MP, Minister for Defence Industry, regarding the award of a contract under Project LAND156 to supply handheld counter-drone equipment to the Australian Defence Force.
• DroneShield was awarded approximately $5 million of a $16.9 million in contracts (across 11 vendors, including 5 Australian Companies).
• The contract involves the provision of portable drone detection and defeat systems designed to support ADF personnel in identifying and mitigating unmanned aerial threats. This procurement forms part of the Commonwealth’s broader initiative to accelerate the acquisition of counter-drone capabilities.
• DroneShield will deliver equipment in accordance with the contract terms and project timelines.
• In addition to this equipment delivery, DroneShield stands ready to support the ADF as Systems Integration Partner under the broader LAND156 program. With deep expertise in sensor fusion, electronic warfare, and command-and-control integration, DroneShield is well positioned to contribute to the development of scalable, interoperable counter-drone architectures that meet Defence’s evolving operational requirements.
• Image: Minister Conroy’s LAND156 announcement
• DroneShield Limited ABN: 26 608 915 859 ASX:DRO 1 Level 5, 126 Phillip St, Sydney NSW 2000

LAND 156 – Initial Contracts Announcement

Hon Pat Conroy MP, Minister for Defence Industry, has commented, ”Australian industry is critical to delivering this technology, and they are demonstrating world leading innovation while creating Australian jobs.”

"We welcome the opportunity to support the Australian Defence Force through Project LAND156. This contract reflects the growing operational need for portable counter-drone capabilities and DroneShield’s continued role in delivering solutions aligned with Defence requirements," said DroneShield Chief Executive Oleg Vornik.

The full ministerial release is available here: https://www.minister.defence.gov.au/media- releases/2025-07-24/accelerating-acquisition-drone-counter-drone-technology

This announcement has been approved for release to the ASX by the Board.

For enquiries, please contact:

Oleg Vornik

CEO and Managing Director

E: [email protected] P: +61 2 9995 7280

About DroneShield Limited

DroneShield (ASX:DRO) provides Artificial Intelligence based platforms for protection against advanced threats such as drones and autonomous systems. We offer customers bespoke counterdrone (or counter-UAS) and electronic warfare solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms. Our customers include military, intelligence community, Government, law enforcement, critical infrastructure, and airports.

To learn more about DroneShield click here: www.droneshield.com/about