ZICOM ELECTRONIC SECURITY SYSTEMS LTD. 1 TO BE THE COMPANY YOU TRUST THE MOST TO PROTECT WHAT YOU VALUE THE MOST

WHO WE ARE? EXECUTIVE SUMMARY Zicom Electronic Security Systems Ltd., as the name suggests is engaged in the business of Electronic Security Systems and Fire Protection. The company was incorporated in 1994 and was founded and promoted by Mr. Manohar Bidaye, Chairman and Mr. Pramoud Rao, MD. “Zicom” is today one of the most prominent brands and a synonym for Security products and services in India. Our vision statement is “To be the Company you Trust the most and To Protect what you Value the most”. We offer a diversified range of security solutions and services for both residential and commercial requirements, such as, Intrusion & Burglar Alarm, Access Control, Fire Detection, CCTV Surveillance, Electronic Surveillance, Remote Surveillance, Integrated Building Management, Car Park Management, Smart Card Solutions and recently biometric products. Since incorporation, we have expanded our reach to 5 countries, 1,023 cities, and over a million happy customers. Overview Business Financial Total Income FY16EBITDA FY16Net Profit FY16 INR 11,219 MnINR 982 MnINR (107) Mn 2

3 KEY FINANCIAL HIGHLIGHTS Q4 FY16 HIGLIGHTS: Consolidated Revenue for Q4 FY-16 at Rs. 2,630 Million against Rs. 3,347 Million in Q4 FY-15, registering a Y-o-Y decline of 21.42%... Consolidated EBITDA for Q4 FY-16 at Rs. (128) Million against Rs. 450 Million in Q4 FY-15 Consolidated profit after tax for Q4 FY-16 at Rs. (426) Million against Rs.184 Million in Q3 FY-15 FY16 HIGLIGHTS: Consolidated Revenue for FY-16 at Rs. 11,219 Million against Rs. 11,129 Million in FY-15, registering a Y-o-Y increase of 0.81%. Consolidated EBITDA for FY-16 at Rs. 982 Million against Rs. 1,447 Million in FY-15, registering a Y-o-Y decline of 32.14%. Consolidated profit after tax for FY-16 at Rs. (107) Million against Rs.506 Million in FY-15 KEY FINANCIAL HIGHLIGHTS

4 KEY OPERATIONAL HIGHLIGHTS Current year performance was mostly affected due to slow down in the Middle East Market. Due to the Slump in the Global crude prices, the project executions have slowed down, resulting in delay in recovery from debtors. Strong efforts in place to focus on collections, company is also focusing on getting investments from strategic investors for that Business. To drive the profitability we are focusing on service and maintenance business which offers steady cash flow. We are also taking up distribution of Unisafe branded products, which are approved by Civil Defense to GCC and North African Region. As the weightage of Middle East business is high in the total revenue of group, the consolidated performance has been affected adversely. As regards to the business in India, Zicom SaaS has performed exceptionally well with the new additions of banks and other enterprise customers for ATM and Facility Surveillance. We have seen significant growth in SaaS where in service income has grown from Rs.33.55cr to 48.20cr and EBITDA has increased from Rs.23.04cr to 33.05cr. Environment in our Distribution Business continued to remain competitive. The initiative of the Central Government to remove custom duties on import of CCTV equipment in Budget 2016 has made a significant impact on electronic security industry and has unfortunately impacted the valuation of existing inventories held by the company and resulted in a one-time adjustment impact in profitability for the current financial year. This has impacted Standalone performance. On a standalone basis all operational business entities are profitable, but due to interest cost in Singapore subsidiary which is the holding company for fire business and adjustment on account of amortization of acquisition goodwill in consolidated accounts resulted in net loss.

5 STANDALONE FINANCIAL PERFORMANCE Particulars (INR Mn)Q4FY16Q3FY16Q-o-QQ4FY15Y-o-Y Revenue* 1,2091, % 1, % Operating Expenses1,2971, % 1, % EBITDA (88)112NA 100 NA EBITDA Margin (%)NA9.61%NA 8.30% NA Depreciation (4)16NA 16 NA Finance Cost % % Extra-Ordinary Items Profit Before Tax (145)43NA 33 NA Taxation(51)14NA 15 NA Profit After Tax (94)29NA 18 NA PAT Margin (%)NA2.49%NA 1.49% NA Diluted EPS (INR) NA 1.36 NA 0.88 NA * Includes Other Income

6 STANDALONE FINANCIAL PERFORMANCE Particulars (INR Mn)FY16FY15Y-o-Y Total Income* 4,350 3, % Expenses 4,104 3, % EBITDA (36.60)% EBITDA Margin (%) 5.66% 9.94% (428)bps Depreciation (34.33)% Finance Cost % Extra-Ordinary Items PBT (86.71)% Tax % PAT (Before Minority Interest) (84.96)% Minority Interest PAT (84.96)% PAT Margin (%) 0.39% 2.89% - Diluted EPS (INR) (87.06)% * Includes Other Income

7 CONSOLIDATED FINANCIAL PERFORMANCE Particulars (INR Mn)Q4FY16Q3FY16Q-o-Q Q4FY15Y-o-Y Revenue* 2,6302,840(7.39)% 3,347 (21.42%) Operating Expenses2,7582, % 2,897 (4.80)% EBITDA (128)333NA 450 NA EBITDA Margin (%)NA11.73%NA 13.44% NA Depreciation % % Finance Cost % % Extra-Ordinary Items Profit Before Tax (497)79NA 208 NA Taxation(56)20NA 13 NA Profit After Tax Before MI(441)59NA 195 NA Minority Interest (MI)(15)3NA 11 NA Profit After Tax (426)56NA 184 NA PAT Margin (%)NA1.97%NA 5.50 % NA Diluted EPS (INR) NA 2.63 NA 9.73 NA * Includes Other Income

8 CONSOLIDATED FINANCIAL PERFORMANCE Particulars (INR Mn)FY16FY15Y-o-Y Revenue* 11,21911, % Operating Expenses10,2379, % EBITDA 9821, % EBITDA Margin (%)8.75%13.00%(425) bps Depreciation % Finance Cost % Extra-Ordinary Items000 Profit Before Tax (88)600NA Taxation1565NA Profit After Tax Before MI(104)535NA Minority Interest (MI)329(89.66)% Profit After Tax (107)506NA PAT Margin (%)NA4.55 % NA Diluted EPS (INR) NA NA * Includes Other Income

HISTORICAL STANDALONE P&L INR in Mn ParticularsFY13FY14FY15FY16 Total Income* 2,7133,2953,905 4,350 Expenses 2,4122,9703,517 4,103 EBITDA EBITDA Margin (%) 11.09%9.86%9.94% 5.66% Depreciation Finance Cost Extra-Ordinary Items PBT Tax PAT (Before Minority Interest) Minority Interest -- - PAT PAT Margin (%) 2.99%2.49%2.89% 0.39% Diluted EPS (INR)

ASSETS (INR Mn) FY13 FY14FY15FY16 Non Current Assets Fixed Assets Tangible Assets Intangible Assets Capital Work in progress --- Total Fixed Assets Non-Current Investments Long Term Loans And Advances Total Non Current Assets 1,0871,0621,3001,528 Deferred Tax Assets (Net) --- Current Assets Inventories Trade Receivable ,168 Cash And Cash Equivalents Short-Term Loans And Advances Other current Assets Total Current Assets 1,3751,6422,2032,770 Total 2,4622,7043,5034,298 HISTORICAL STANDALONE BALANCE SHEET EQUITY AND LIABILITIES (INR Mn) FY13 FY14FY15FY16 Shareholders Fund Share Capital Reserve and Surplus 1,3551,4331,9031,908 Warrant Application Money 7-42 Total Shareholders Fund 1,5321,6092,1472,152 Minority interest ---- Non Current Liability Long term Borrowing ---- Deferred Tax Liabilities (Net) Other Long term Liabilities 10 Long term provision 1222 Total Non Current Liability Current Liabilities Short Term Borrowing ,435 Trade Payables Other current Liabilities Short Term Provision Total Current Liabilities 8431,0161,2922,089 Total 2,4622,7043,5034,298 10

* Includes Other Income HISTORICAL CONSOLIDATED P&L INR in Mn ParticularsFY13FY14FY15 FY16 Total Income* 6,9369,28611,12911,219 Expenses 6,0878,1779,68210,237 EBITDA 8491,1091, EBITDA Margin (%) 12.24%11.94%13.00%8.75% Depreciation Finance Cost Extra-Ordinary Items PBT (88) Tax PAT (Before Minority Interest) (103) Minority Interest PAT (106) PAT Margin (%) 4.37%4.51%4.55%NA Diluted EPS (INR) NA 11

ASSETS (INR Mn) FY13 FY14FY15 FY16 Non Current Assets Fixed Assets Tangible Assets Intangible Assets Capital Work in progress Total Fixed Assets 1,5011,855 2,0202,022 Non-Current Investments Long Term Loans And Advances Deferred Tax Assets (Net) Total Non Current Assets 1,6091,964 2,1212,124 Current Assets Inventories 8301,389 1,9121,735 Trade Receivable 2,8133,681 4,5655,739 Cash And Cash Equivalents Short-Term Loans And Advances 9801,462 2,0673,027 Other current Assets Total Current Assets 5,1727,242 9,48011,473 Total 6,7819,206 11,60113,597 CONSOLIDATED BALANCE SHEET EQUITY AND LIABILITIES (INR Mn) FY13 FY14FY15 FY16 Shareholders Fund Share Capital Reserve and Surplus 2,2452,507 3,4363,397 Warrant Application Money Total Shareholders Fund 2,4222,683 3,6803,641 Minority interest Non Current Liability Long term Borrowing 1,2531,437 1,4551,180 Deferred Tax Liabilities (Net) Other Long term Liabilities Long term provision Total Non Current Liability 1,3661,558 1,5801,297 Current Liabilities Short Term Borrowing 1,8232,714 3,7004,743 Trade Payables 4121,163 1,3062,291 Other current Liabilities Short Term Provision Total Current Liabilities 2,6914,589 5,9508,247 Total 6,7819,206 11,60113,597 12

13 SEGMENTAL PERFORMANCE SaaS FY16 Revenue UNISAFE Dubai FY16 Revenue Phoenix FY16 Revenue ZESSL FY16Revenue

Zicom Group - Financial Highlights FY INR in Mn PARTICULARSCONSOLIDATEDZESSLSAASUNI-DUBAI*PHOENIX* Turnover 11,0813, ,3501,391 EBIDTA 1, PBT PAT Consolidated financials also include Zicom Singapore, Unisafe Singapore, Unisafe India, 2020 Imaging India and Consolidated Adjustments * - Middle East Business has no Tax Liabilities 14 INR in Mn PARTICULARSCONSOLIDATEDZESSLSAASUNI-DUBAI*PHOENIX* Turnover 11,1794, ,0751,364 EBIDTA PBT (88) PAT (107) FY

FY16 SEGMENTAL BREAKUP Operating CompaniesTURNOVEREBIDTA ZESSL4, SAAS Unisafe – Dubai5, Phoenix1,36480 Total11, INR in mn Unisafe - Dubai Phoenix SaaS ZESSL Phoenix Unisafe - Dubai SAAS 12% 45% 4% 38% 7% 39% 31% 22% TOTAL TURNOVER – Consolidated 11,179 mn EBIDTA Consolidated INR 982 mn 15

WHO WE ARE? EXECUTIVE SUMMARY DISCLAIMER ZICOM ELECTRONIC SECURITY SYSTEMS LTD. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of ZICOM ELECTRONIC SECURITY SYSTEMS LTD. (“Company” or “ZICOM” ), which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward- looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from. This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner. Valorem Advisors Disclaimer: Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review For further details please contact our Investor Relations Representatives: VALOREM ADVISORS Anuj Sonpal Tel: /

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