www anite com PRESENTATION TO ANALYSTS NETWORK TESTING

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www. anite. com PRESENTATION TO ANALYSTS NETWORK TESTING ACQUISITION: SIGNIFICANTLY EXPANDS ITS DATA ANALYTICS

www. anite. com PRESENTATION TO ANALYSTS NETWORK TESTING ACQUISITION: SIGNIFICANTLY EXPANDS ITS DATA ANALYTICS CAPABILITY CHRISTOPHER HUMPHREY, CHIEF EXECUTIVE RICHARD AMOS, GROUP FINANCE DIRECTOR 3 OCTOBER, 2014 © 2014

AGENDA 1. THE CONTEXT 2. TRANSACTION HIGHLIGHTS 3. SUMMARY 4. Q&A 5. APPENDICES ©

AGENDA 1. THE CONTEXT 2. TRANSACTION HIGHLIGHTS 3. SUMMARY 4. Q&A 5. APPENDICES © 2014 Page 01

ANITE NETWORK TESTING SOFTWARE SOLUTIONS For drive testing Nemo Outdoor For outdoor benchmarking Nemo

ANITE NETWORK TESTING SOFTWARE SOLUTIONS For drive testing Nemo Outdoor For outdoor benchmarking Nemo Invex For indoor benchmarking Nemo Walker Air For frequency scanning Nemo FSR 1 For indoor / walk-testing © 2014 For remote control Nemo Commander For autonomous monitoring Nemo Autonomous For post processing & analysis Nemo Analyze For CEM Nemo Handy Nemo CEM Solution Nemo In-Building Coverage Meter Nemo CEM Observer Page 02

XCEED PLATFORM OVERVIEW Multivendor Data Source XCEED TECHNOLOGIES INC. , A US-BASED WIRELESS NETWORKS

XCEED PLATFORM OVERVIEW Multivendor Data Source XCEED TECHNOLOGIES INC. , A US-BASED WIRELESS NETWORKS DATA ANALYTICS SOFTWARE COMPANY Right to Use Model Analytics Intelligence Network Controllers Network Performance OSS Customer Experience Management Drive Test (3 rd Party) XYNERGY: ENTERPRISE WINDCATCHER: DESKTOP Network Optimisation Competitive Benchmarking GIS Network Acceptance Multitechnology © 2014 Page 03 Saa. S

COMBINED ANALYTICS AND POST-PROCESSING PORTFOLIO Data Collection CEM Solutions Indoor /Handheld /Autonomous Post-Processing and

COMBINED ANALYTICS AND POST-PROCESSING PORTFOLIO Data Collection CEM Solutions Indoor /Handheld /Autonomous Post-Processing and Analysis Nemo Analyze • • • Desktop solution for analytics and trouble shooting Performance and simplicity for single user environment Optimised for drive-test teams and Nemo tool chain Wind. Catcher Drive Test Scanners For analysis and optimisation, scalable desktop solution All data sources and all test tool vendors supported Feature rich catalogue product for global market • • • Benchmarkers Xynergy • • • Data Feeds OSS OSS © 2014 Page 04 Probe • Enterprise level solution for operators BIG DATA approach OSS interface adaptation All data sources supported Integrated CEM and benchmarking data analysis Feature rich, customised to need

EXPANDS NETWORK TESTING’S ADDRESSABLE MARKETS Operational Quality Approx. Current Annual Market Size* £ 170

EXPANDS NETWORK TESTING’S ADDRESSABLE MARKETS Operational Quality Approx. Current Annual Market Size* £ 170 m £ 85 m £ 120 m £ 850 m Drive testing £ 30 m Data Analytics** £ 20 m CEM** £ 60 m CEM £ 1 b SON £ 240 m Analytics Indoor Scanner Benchmarking ANITE CORE MARKET © 2014 Page 05 Scale only approximate * Source: Anite Internal Estimates (September 2014) ** Currently Addressable Market Estimate for Anite Products NON-CORE MARKET

ANITE + XCEED: AN ENHANCED COMPETITIVE POSITION Drive Testing Optimisation Benchmarking Indoor / Handheld

ANITE + XCEED: AN ENHANCED COMPETITIVE POSITION Drive Testing Optimisation Benchmarking Indoor / Handheld Autonomous Data Analytics Scanners Ascom Swiss. Qual (R&S) Accuver Actix (Amdocs) Market leader © 2014 Page 06 Significant presence Limited presence CEM

ACQUISITION CONTEXT – STRONG STRATEGIC RATIONALE 1. Consistent with Anite’s strategy to reinforce its

ACQUISITION CONTEXT – STRONG STRATEGIC RATIONALE 1. Consistent with Anite’s strategy to reinforce its position as a global leader in wireless test solutions 2. Anite has a good track record of identifying, negotiating, completing and integrating acquisitions 3. Data analytics is a customer-driven extension of Anite’s core network testing market – Driven by the increasing complexity of mobile networks, the growth in mobile data traffic and increased demand for network analysis – Qo. E and CEM are becoming key differentiators for operators; network performance and coverage need to be constantly measured, monitored, analysed and optimised. © 2014 Page 07

ACQUISITION CONTEXT – STRONG STRATEGIC RATIONALE 4. Transforms Anite’s strategic market position in network

ACQUISITION CONTEXT – STRONG STRATEGIC RATIONALE 4. Transforms Anite’s strategic market position in network testing market – Strengthens our existing product profile with immediate, high quality product endorsements and reference sites – Reflects growing trend towards enterprise solutions; growth platform in high value market – More complete offering 5. Generates a stronger recurring revenue stream – Approx. 45% of Xceed’s revenues are from recurring maintenance, hosting and support; improves the revenue profile of Anite’s Network Testing business 6. Build on Xceed’s success in North America and extend its global product reach via global Network Testing sales channel and distributors 7. Win new Nemo Drive Testing business market share in North America © 2014 Page 08

ACQUISITION HIGHLIGHTS – THE TRANSACTION ● Anite has acquired Xceed Technologies Inc. ● Consideration

ACQUISITION HIGHLIGHTS – THE TRANSACTION ● Anite has acquired Xceed Technologies Inc. ● Consideration of $30 m paid in cash upon closing on a cash free/debt free basis from Anite’s existing cash resources: – $5 m retained in escrow – Up to $5 m additional deferred cash consideration dependent on the achievement of revenue targets in the years ending 30 April 2015 and 2016 ● The acquisition is expected to be enhancing to Anite’s adjusted earnings per share in the current year ● Xceed is a good fit with Network Testing – Existing management being retained, led by founders – Headquartered in the US in Chantilly, near Washington D. C. – 55 employees and a small number of overseas contractors – Broad customer base with bias towards North American tier one customers – Privately held by 5 shareholders, 3 of whom are executive officers © 2014 Page 09

XCEED TECHNOLOGIES INC – FINANCIAL OVERVIEW ● Results achieved on equivalent IFRS basis –

XCEED TECHNOLOGIES INC – FINANCIAL OVERVIEW ● Results achieved on equivalent IFRS basis – 2013 revenue of $11. 8 m generating EBITDA of $1. 6 m – Gross assets being acquired amounted to c. $3. 5 m as at 31 August 2014. Net assets on completion are expected to be $1. 7 m – Strong recurring maintenance, hosting and support revenues ● Revenue and profit improvements expected – Win market share in the growth area of data analytics – Increased sales of Wind. Catcher and Xynergy via Nemo’s global sales and distributor network Revenue by Type 6, 000 5, 000 US$000's 4, 000 3, 000 2013 2, 000 1, 000 Licence © 2014 Page 10 Hosting & Services * Other ** Support

INTEGRATION PLAN ● Xceed will be integrated within and will report as part of

INTEGRATION PLAN ● Xceed will be integrated within and will report as part of Anite’s Network Testing business ● Common Product Portfolio and Roadmap ● Xceed will become Anite’s ‘data analytics’ centre of excellence ● Full implementation of Anite systems, financial reporting, controls and processes ● Develop global sales in short-term through Wind. Catcher and long-term through Xynergy © 2014 Page 11

ANITE NETWORK TESTING / XCEED COMBINED SALES NETWORK Switzerland Austria Poland Italy Hungary Bulgaria

ANITE NETWORK TESTING / XCEED COMBINED SALES NETWORK Switzerland Austria Poland Italy Hungary Bulgaria Germany Czech Rep, Slovakia Romania, Moldova Serbia Greece, Albania, Cyprus Nemo Sales Finland The Netherlands Canada Xceed Sales USA Nemo Support USA Nemo Sales USA Nemo Support Finland Xceed Europe Nemo Sales UK Nemo Sales France Nemo Sales Russia Nemo Support China Nemo Support France Spain Nemo Sales Hungary Jordan, Syria, Lebanon, Iraq Israel Nemo Sales USA Morocco Caribbean Islands Mexico Tunis, Algeria, Egypt, Sudan Libya Central America Peru Chile Network Testing Distributor Network Testing Sales Network Testing Customer Support Xceed Sales Managers Page 12 Ivory Coast Nemo Sales Singapore Vietnam India Nemo Support Singapore Memo Sales India Thailand Philippines Nemo Support Brazil Argentina Sri Lanka Indonesia Malaysia Nemo Sales Brazil Xceed CALA Taiwan Pakistan Nemo Support India Venezuela and Guyanas Ecuador © 2014 Saudi Arabia Nemo Support UAE Nemo Sales Colombia China Xceed SAARC Nemo Sales UAE Costa Rica Nemo Sales China Nemo Sales Germany Sub-Saharan Africa Australia New Zealand

SUMMARY © 2014 Page 13

SUMMARY © 2014 Page 13

SUMMARY – EARNINGS AND BUSINESS ENHANCING 1. In line with Anite’s strategy to invest

SUMMARY – EARNINGS AND BUSINESS ENHANCING 1. In line with Anite’s strategy to invest proceeds of Travel sale in growth opportunities in the wireless market 2. Strengthens the Network Testing business, creates a dedicated supplier with a more complete product offering and significantly increased global sales channel 3. Significantly enhances Network Testing’s product portfolio reflecting the growing trends and operators’ focus on Qo. E and CEM 4. We are buying significant technology expertise in a developing, high-margin growth market 5. Consideration payable from Anite’s existing cash 6. Earnings enhancing in the first full year of ownership 7. Retain financial resources for further investment in growth opportunities © 2014 Page 14

www. anite. com THANK YOU ANITE PLC ANCELLS BUSINESS PARK HARVEST CRESCENT FLEET HAMPSHIRE

www. anite. com THANK YOU ANITE PLC ANCELLS BUSINESS PARK HARVEST CRESCENT FLEET HAMPSHIRE GU 51 2 UZ UNITED KINGDOM +44 (0) 1252 775200 © 2014 Page 15

DISCLAIMER The information contained in this publication was obtained from various sources believed to

DISCLAIMER The information contained in this publication was obtained from various sources believed to be reliable, but has not been independently verified by Anite plc (“Anite”). Anite does not warrant the completeness or accuracy of such information and does not accept any liability with respect to the accuracy or completeness of such information, except to the extent required by applicable law. This publication is a brief summary and does not purport to contain all available information on the subjects covered. Further information may be available on request. This publication may not be reproduced for further publication unless the source is quoted. This publication is for informational purposes only and shall not be construed as an offer or solicitation for the subscription or purchase or sale of any securities, or as an invitation, inducement or intermediation for the sale, subscription or purchase of securities, or for engaging in any other transaction. This publication is not intended for use by private individuals. © 2014 Page 16

APPENDICES © 2014 Page 17

APPENDICES © 2014 Page 17

ACQUISITION APPROACH ● Selective product and IP acquisitions supplementing future organic growth in both

ACQUISITION APPROACH ● Selective product and IP acquisitions supplementing future organic growth in both Handset and Network Testing ● Strict financial criteria ● Closely related existing and adjacent growth markets ● Leverage customer relationships, sales channels and technology ● Likely to be smaller than Propsim ● Pipeline of opportunities; timing difficult to predict ● Track record identifying, negotiating, completing and integrating acquisitions REINFORCING ANITE’S POSITION AS A GLOBAL LEADER IN WIRELESS TEST SOLUTIONS © 2014 Page 18