Ann: A$1.2m Share Placement to an Institutional Investor, page-2

Highlights • Placement to an Institutional Investor, RiverFort Global Opportunities PCC Ltd ("RiverFort") to raise A$1.2m before costs at 6.5c per share being a 2.99% discount to last closing price and representing approximately 18.5m shares. • Equity Swap for A$800,000 with RiverFort enabling WhiteHawk to benefit from rises in the share price during the Equity Swap period. • WhiteHawk has entered into the Equity Swap in the expectation that rising revenues and potential additional 360 Cyber Risk Review contracts with US Government and US corporations in the insurance, utility, defense and financial sectors will enable a rising share price from which WhiteHawk can benefit under the Equity Swap.