Telos IPO Presentation Deck slide image

Telos IPO Presentation Deck

Accelerating Revenue Growth and Expanding Margins $108 0.1% 2017 Telos $138 6.3% 2018 Security Solutions 22% CAGR $159 3.7% 2019 Secure Networks $113 6.6% 20% YOY $135 10.5% —Adj. EBITDA Margin 9 mo. 2019 9 mo. 2020 Note: Reflects fiscal year ended December 31 Note: Adj. EBITDA margin reflected on an enterprise basis, before adjustments for the Non-Controlling Interests 1) Based on Telos management estimates derived from customer /sponsor contract assumptions 2) Reflects contract ceiling Key New Contract Wins • TSA PreCheck-$1.7B+¹ total 10-year contract potential CMS - $2.0B² total 10-year contract potential U.S. Government Telos Ghost Customer - $39MM¹ with potential to increase dramatically over 10 years once converted to program of record 21
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