BLACKRIDGE TECHNOLOGY  NEXT GENERATION CYBER DEFENSESEPTEMBER 2017 INVESTOR PRESENTATION 

   SAFE HARBOR  THIS DOCUMENT WAS PREPARED BY BLACKRIDGE TECHNOLOGY, AND MAY CONTAIN FORWARD-LOOKING STATEMENTS, WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES, AND OTHER FACTORS, WHICH MAY CAUSE BLACKRIDGE’S ACTUAL RESULTS, PERFORMANCE, OR ACHIEVEMENTS TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS EXPRESSED OR IMPLIED BY THE FORWARD LOOKING STATEMENTS CONTAINED HEREIN. SOME OF THE RISKS WHICH MAY CAUSE BLACKRIDGE’S PERFORMANCE TO DIFFER FROM THE FORECASTED RESULTS INCLUDE, BUT ARE NOT LIMITED TO, DELAYS IN TECHNOLOGY DEVELOPMENT, DELAYS OR CANCELLATIONS OF PENDING PURCHASE ORDERS OR OTHER REVENUE, HIGHER THAN EXPECTED COSTS, ACTIONS TAKEN BY CREDITORS OR VENDORS OF THE COMPANY [INCLUDING LITIGATION] WHICH ARE NOT EXPECTED AND CHANGES IN THE OVERALL MARKET FOR CYBERSECURITY SOFTWARE PRODUCTS. THE COMPANY MAY FACE ADDITIONAL RISKS THAT WE HAVE NOT LISTED. WE UNDERTAKE NO OBLIGATION TOUPDATE ANY FORWARD-LOOKING STATEMENTS AFTER THE DATE OF SUCH STATEMENTS.   

 [NET MARGINS]: ~65-70%  3  SYMBOL    PRICE    MARKETCAP    Gross Margins    CASHBURN    C&CE  BRTI  $1.45  ~90-92%  $46MM  $0.4MM  $2.5MM                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      BLACKRIDGE AT A GLANCE  BlackRidge authenticates identity and enforces security policy on the first packet, before a network session is establishedBlackRidge First Packet Authentication™ stops attacks at the earliest possible timeCURRENT SECURITY PRODUCTSSTART AFTER NETWORK SESSIONS ARE ESTABLISHED  MONETIZING A DESIGN FLAW IN NETWORK SECURITY  [COGS]: ~7-10%  FINANCIAL SNAPSHOT:        DENOTES BLACKRIDGE PRESENCE          *PRICE/MARKET CAP AS OF 9/7/17  

     BLACKRIDGE CORPORATE DEVELOPMENT  4  DEVELOPMENT IN MOTION            BLACKRIDGE COMPLETES REVERSE MERGER INTO GROTE MOLEN, [OTC:GROT], A FULLY REPORTING, 9 YEAR OLD OPERATING PUBLIC COMPANY WITH IP ASSETS, REVENUES AND EBITDA  FINRA APPROVES CHANGE OF NAME FROM GROTE TO BLACKRIDGE TECHNOLOGY INTERNATIONAL, INC.  “BRTI” STARTS TRADING OTC UNDER BRTI AND MARKET MAKERS START QUOTING  MARCH THROUGH MAY 2017 FILINGS: SUPER 8K, 10K, Q1 2107 10Q, PROXY, S-8; COMPLETE APA TO SELL GROTE ASSETS TO GROTE FOUNDERS AND TAKE CONTROL OF GROTE MANAGEMENT AND MERGE CAP TABLES   DTC ELIGIBLE, FINRA ISSUES NEW TICKER   MARCH 2017  JUNE 2017   JULY 2017  MARCH-MAY 2017  JUNE 2017          BLACKRIDGE FORMS BLACKRIDGE BLOCKCHAIN CORP., EXPECTED COMPLETION SEPTEMBER 2017  SEPTEMBER 2017    EXPECTED COMPLETION OF BALANCE SHEET RESTRUCTURING INITIATIVES   NOVEMBER 2017    EXPECTED NASDAQ UPLISTING  Q1 2018 

     MONETIZING A DESIGN FLAW IN NETWORK SECURITY   DIFFERENTIATION DRIVEN VALUE-ADD  

     FIRST PACKET AUTHENTICATION™  EVOLVING CYBER SECURITY 

 THE VULNERABILITY  ENTERPRISES AND GOVERNMENT AGENCIES ARE UNDER REPEATED CYBER ATTACK DDoS ATTACKS: designed to shut down systemsELABORATE STEALTH EFFORTS: designed to live undetected in the infrastructure and steal intellectual property or other sensitive data    EXISTING SECURITY TECHNOLOGIES HAVE PROVEN TO BE INEFFECTIVE IN STOPPING A DETERMINED, SOPHISTICATED ATTACKER        7 

 TECHNOLOGY DEVELOPMENT  NETWORK RECON USES VULNERABILITY SCANNERS TO PROBE NETWORKS AND THE DEVICES ATTACHED TO THEMInformation is being leaked, even in the presence of firewalls includes the existence and identity of servers and network applications.    VULNERABILITY/PORT SCANNERS ATTEMPT TO ESTABLISH TCP/IP CONNECTIONS TO VARIOUS NETWORK PORTS          NETWORK-ATTACHED DEVICES REVEAL INFORMATION ABOUT THEIR CHARACTERISTICS SIMPLY BY RESPONDING TO THESE TCP/IP CONNECTION REQUESTS  THIS INFORMATION IS EXPOSED BECAUSE EACH NETWORK-CONNECTED DEVICE MUST ESTABLISH A TCP/IP CONNECTION BEFORE PERFORMING ANY CLIENT AUTHENTICATION.       8 

     BLACKRIDGE PRODUCT AND PARTNER DEVELOPMENT  9  DEVELOPMENT IN MOTION        DEVELOPMENT ACCELERATION PROGRAM, ARMY  DOD $5M FUNDINGCORE PRODUCT DEVELOPMENTIP AND PATENT DEVELOPMENTTECHNOLOGY DEMONSTRATION PROGRAM, OSD  ENTERPRISE PRODUCT DEVELOPMENTMARKET TESTS, 100G DEMONETWORK OVERLAY SOLUTION100G TAC GATEWAY DEMOS TO ARMY PEO-EIS  2011-2012  2010-2012  2013-2014          DISA UC-APL APPROVALDISA AND ARMY CONTACTS  2016-2017    INTERNATIONAL EXPANSIONSALES & MARKETING BUILDOUTSOFTWARE ENDPOINT PRODUCTSBLOCKCHAIN, IIOT, AND PUBLIC CLOUDS SUPPORT  2017-2018    CLOUD AND ENTERPRISE PRODUCT ENHANCEMENTS IBM Z SYSTEMS PARTNERSHIPCIENA, REDHAT, SPLUNK, AND MARIST PARTNERSHIPS  2015-2016 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               IT IS THIS DESIGN FLAW OF TCP/IP THAT ENABLES SCANNING TOOLS TO IDENTIFY WHAT NETWORK APPLICATIONS ARE PRESENT AND TO DEVELOP THE “WEAPONIZATION” AND ATTACK THE SYSTEMS   

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               BLACKRIDGE STOPS THE ATTACKS AT THE EARLIEST POSSIBLE TIME   

     TRANSPORT ACCESS CONTROL  CALLER-ID FOR THE INTERNET 

 AUTHENTICATE & ENFORCE  BLACKRIDGE AUTHENTICATES IDENTITY AND ENFORCES SECURITY POLICY ON THE FIRST PACKET, BEFORE A NETWORK SESSION IS ESTABLISHEDStops port scans and network attacks Provides ROI and reduces riskAddresses network segmentation for compliance    BLACKRIDGE ISOLATES AND PROTECTS SERVERS AND APPLICATIONS    TCP/IP  BLACKRIDGE FIRST PACKET AUTHENTICATION™ STOPS ATTACKS AT THE EARLIEST POSSIBLE TIMECURRENT SECURITY PRODUCTSSTART AFTER NETWORK SESSIONS ARE ESTABLISHED          TIME      Packet Flows        SESSIONSETUP  DATATRANSFER   PORT SCANS AND ATTACKS OCCUR DURING TCP/IP SESSION SETUP      13 

 BLACKRIDGE:STRONG VALUE-PROP  REDUCED SYSTEM COSTREDUCED NETWORK TRAFFIC LOADREDUCED COMPLIANCE COST    REDUCED SYSTEM COST:REDUCES EQUIPMENT ACQUISITION COSTSREDUCES UNAUTHENTICATED TRAFFIC          REDUCED NETWORK TRAFFIC LOAD:REMOVE 99.999% OF UNAUTHENTICATED TCP/IP TRAFFICREMOVE UP TO 70% OF ALL SESSIONS BEING PROCESSED BY A FIREWALL  REDUCED COMPLIANCE:IMPROVED COMPLIANCEALL REQUESTS LOGGEDREGULATORY COMPLIANCE/AUDIT COMPLIANCE      14 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               BLACKRIDGE ADDRESSES THE TCP/IP NETWORK VULNERABILITY THAT IS EXPLOITED IN 100% OF CYBER ATTACKS   

     BLACKRIDGE GO TO MARKET  STRATEGY ROADMAP AND DEVELOPMENT PLAN 

   COMMERCIAL ENTRY AND GOVERNMENT EXPANSION  17  OUR PROCESS              DoD and IBM provides market credibility and initial paths to market  LEVERAGE DOD AS INNOVATOR AND IBM AS EARLY ADOPTER  STRONG ROADMAP AND DEVELOPMENT TEAM IN PLACE  DOD/ARMY CYBER PROGRAMS RESTARTED IN 2016          Sell direct and with partners to government and enterprises    First International Reseller agreement with Crimson Logic in Singapore to cover Southeast Asia and Middle East    Cloud service provider and Blockchain partnerships in progress for 2H2017 offerings    Channel strategy in development by ex-CISCO/VMware head of channels    First DoD new projects budget passed in five years     DISA in 2nd phase of testing for DoD Approved Product List    Government key advisors and channel partners such as Arrow IMMIX in place    First $1M order in Q3 to protect Army network in Korea - $20M total opportunity     Major new releases in 2016 and 2017Roadmap and positioning reviewed by Gartner and other industry analystsAdditional patents to be filed       

   MARKET VALIDATION  GOVERNMENT, COMMERCIAL, AND TECHNOLOGY PARTNERS              DoD/DISA – DOD UC Approved Products List in Q3; NATO BOA  GOVERNMENT – THREE YEAR PIPELINE   TECHNOLOGY PARTNERS  COMMERCIAL – THREE YEAR PIPELINE    DoE/NREL – Smart Grid Cybersecurity Testbed     Pragmatics – integrated into FedRamp certified cloud offering    IBM – z Systems security partner, customer, and go to market channel    Marist – protect college network, IBM Cloud, SDN and live cyber attack research    Large Bank, Credit Union - PoCs completed for 2017 purchase    Crimson Logic – customer and SE Asia channel partner    IBM and Marist – development, testing and new markets [Blockchain]    Healthcare vertical development – strong pipeline of opportunities    Ciena – Blue planet partner and SDN/NFV control plane    Splunk – Enterprise Security App available in SplunkBase    AWS Market Place – available in Q3    VMware Solution Exchange – available in marketplace today        18 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               UNLIKE MANY CYBER SECURITY STARTUPS, BLACKRIDGE HAS FOCUSED ON MONETIZING EACH ENGAGEMENT; WHILE SECURING LONG-TERM, RECURRING REVENUE   

 20    $93B2018 WORLDWIDE SPENDINGThe latest forecast from Gartner, Inc. predicts worldwide information security spending will grow ~7% to reach $86B in 2017 and will climb to $93B in 20181  $1T5Y CUME SPENDING 2017-2021Global cybersecurity spending is predicted to exceed $1T cumulatively over the next five years, from 2017 to 20212  $6TANNUAL CYBER CRIME LOSS The world will suffer $6T in annual cyber crime damages by 2021; up from $3T in 20152  Dollars invested in these companies in Q2’17 were the highest of any quarter over the time period tracked. Clocking in at $1.6B, Q2’17 is the fifth quarter in which funding to private cybersecurity companies crossed the $1B mark.4   QUARTERLY FINANCING TRENDS  100+  On a quarterly basis, deals to cybersecurity startups nearly tied the record last quarter, with 145 disclosed equity funding rounds in Q2’17. Deals have exceeded 100+ each quarter since Q4’1534  TAMMARKET INVESTMENT  1 Gartner, Inc.2 Cybersecurity Ventures3 EX. Q4/20164 CB Insights5 Through 6/30/2017; NOT annualized      3  3    DISCLOSED FUNDING IN MILLIONS  5 

     PATENT PORTFOLIO  CREATING DEFENSIBLE LEADERSHIP AND MARKET SHARE 

 IP STRATEGY            DISRUPTIVE, PATENT PROTECTED TECHNOLOGY      *See appendix for patent details      22 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               BLACKRIDGE HAS FOCUSED ON DEVELOPING ITS INTELLECTUAL PROPERTY PORTFOLIO SINCE INCEPTION, KNOWING THAT ITS VALUE WOULD BE DERIVED PRIMARILY FROM CREATING DEFENSIBLE LEADERSHIP   

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 FIRST TO MARKET WITH A NEW APPROACH TO CYBER DEFENSE    INVESTMENT SUMMARY    STRONG INTELLECTUAL PROPERTY PORTFOLIO; 3-5 YEAR LEAD ON COMPETITION    STRONG PRODUCT DEVELOPMENT PIPELINE:     2018: RELEASE OF BLOCKCHAIN PRODUCT      INNOVATOR IN CYBER DEFENSE SOLUTIONS     2016: INITIAL COMMERICAL PRODUCT RELEASE    2H 2017 V4.1 PRODUCT RELEASE  PROVEN MANAGEMENT TEAM    DOD APPROVAL – GOLD STANDARD        24 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Chris Tyson – MZ Group North America  chris.tyson@mzgroup.us  949-491-8235  Please contact us with any questions or for more information  CONTACT                  DISRUPTIVE, PATENT PROTECTED TECHNOLOGY 

     APPENDIX 

     MEET OUR TEAM  27  BLACKRIDGE MANAGEMENT  CEO or Senior Executive at DEC, Adaptec, Sun  Bob Graham  Co-Founder Alteon WebSystems. Inventor of TAC, 8 patents  John Hayes  Public Company experience, Lehman brothers. SEC  John Bluher  CIO Xsigo, CIO/SVP Micromuse, IDS/IDMS security startups   Bruce Fingles        CEO/Founder  CTO/Founder  CFO  SVP - Operations                                     

     MEET OUR TEAM  28  BLACKRIDGE MANAGEMENT  CEO/Co-founder CSwitch, EVP/Co-founder Transmeta, Sun, LSI  Doug Laird  CMO SevOne, VP CorpDev VERITAS; R&D HP, AT&T Bell Labs  Mike Miracle  IBM Distinguished Engineer, Brocade Distinguished Architect  Tony Sager  Jay Wright        SVP – Engineering  SVP – Marketing & Strategy  CTO - Commercial  Corporate Counsel                                     

     BALANCE SHEET & CAP TABLE  29        BALANCE SHEET:  JUNE 30, 2017      C&CE  $1,218,241  PREPAID EXPENSES  $197,629  INTANGIBLE  $6,402,456  TOTAL ASSETS  $7,833,057      AP  $2,110,533  ACCRUED INTEREST  $1,576,402  LONG-TERM DEBT [CURRENT]  $400,000  CONVERTIBLE NOTES [SHORT- TERM]  $3,712,638  TOTAL LIABILITIES  $21,986,947      CAPITALIZATION TABLE:      COMMON SHARE EQUIVALENTS:  COMMON STOCK  32,027,244  SERIES A DILUTIVE  37,838,180  WAGES & PAYABLES RSU TO BE ISSUED  20,635,960  OUTSTANDING WARRANTS AND OPTIONS  30,068,132  TOTAL  120,569,516 

 NETWORK SECURITY COMPS  30  COMPARISON OF NETWORK SECURITY CAPABILITIES        Feature or Capability   Transport Access Control  Segmentation Firewalls  Next Generation Firewalls  NAC / 802.1x  VPNs  First Packet Authentication(pre-connection setup)   Yes  No  No  No  No  End-to-End Identity and Attribution  Yes  No  No  Same LAN segment only   No  Identity-based Policy  Yes  No  Limited  Yes  Yes  Multiple Enforcement Points  Yes  Yes  Yes  No  No  Requires Hardware Acceleration  No  No  Yes  No  Yes  Source NAT Tolerant  Yes  Yes  Yes  N/A  Limited  DoS Attack Protection  Yes  No  Limited  No  No  Supports In System Middle Boxes  Yes  Yes  Yes  No  No  Encrypted Data Payload Tolerant  Yes  Yes  Limited  N/A  N/A  Resource Application Identity  Yes  No  No  No  No  Trusted Resource Host  Yes  No  Limited  Limited  No  Topology Learning  Yes  No  No  No  No  End-to-End Trust  Yes  No  No  Limited  No 

     PUBCO COMPS  31  COMPARISON OF PUBLIC COMPARABLE COMPANIES12      TICKER:  ENTERPRISE:  52WK RETURN:  MARKET CAP:  EV:  SALES Y/Y:  GROSS MARGIN:  EBITDA MARGIN:  SALES:  EBITDA:  PANW  Palo Alto Networks Inc  (5.0%)  11,955   11,102    23.0%    76.0%    23.1%   1,891   438   NTCT  Netscout Systems Inc   13.5%   2,928   2,818    0.6%    73.8%    25.3%   1,136   287   FEYE  Fireeye, Inc.  (5.9%)  2,547   2,436    3.9%    68.7%    10.0%   742   74   CYBR  Cyberark Software Ltd.  (26.4%)  1,400   1,117    17.6%    84.8%    21.5%   255   55   KTOS  Kratos Defense & Security Solutions, Inc.   83.9%   1,069   1,392    10.2%    26.5%    7.0%   737   52   SCWX  Secureworks Corp  (26.5%)  840   748    9.9%    54.0%   (5.2%)  463   (24)  RPD  Rapid7, Inc.  (3.6%)  719   635    25.0%    73.2%   (10.5%)  197   (21)  KEYW  Keyw Holding Corp  (25.7%)  379   633    60.2%    29.2%    10.2%   462   47   GUID  Guidance Software, Inc.   19.0%   236   223   (1.4%)   72.8%    11.5%   109   13   AVERAGE:      2.6%   2,453   2,345    16.5%    62.1%    10.3%   666   102                       BRTI  BlackRidge Technology International, Inc.     62   62    915.9%    89.7%   (38.4%)  4   (1)  1 Data are as of 8/22/20172 All data are analyst estimates via I/B/E/S or standardized data. Standardized data are via I/B/E/S, Fundamentals, as well as public research reports. Standardized data has relatively fewer adjustments than GAAP/IFRS. Standardized data generally has adjustments for extraordinary and unusual expenses. Normalizing for such one-off events makes the data more comparable when comparing one company to another. Whenever reported numbers are restated, the restated numbers will be shown.     

     PUBCO COMPS  32        TICKER:  ENTERPRISE:  MARKET CAP:  EV:  P/EPS:  2018 P/EPS:  EV/EBITDA:  2018 EV/EBITDA:  EV/SALES:  2018 EV/SALES:  PANW  Palo Alto Networks Inc  11,955   11,102    119.02x    35.91x    25.56x    19.60x    5.91x    4.83x   NTCT  Netscout Systems Inc  2,928   2,818    33.74x    13.89x    10.26x    8.13x    2.59x    2.28x   FEYE  Fireeye, Inc.  2,547   2,436   (14.56x)  (499.29x)   32.74x    31.87x    3.29x    3.04x   CYBR  Cyberark Software Ltd.  1,400   1,117    46.81x    30.76x    20.39x    15.89x    4.39x    3.68x   KTOS  Kratos Defense & Security Solutions, Inc.  1,069   1,392   (164.38x)   37.23x    26.95x    19.38x    1.89x    1.78x   SCWX  Secureworks Corp  840   748   (24.73x)  (62.66x)  (31.26x)  (511.98x)   1.61x    1.47x   RPD  Rapid7, Inc.  719   635   (19.05x)  (34.76x)  (30.69x)  (41.00x)   3.23x    2.67x   KEYW  Keyw Holding Corp  379   633   (28.55x)   24.66x    13.43x    10.29x    1.37x    1.16x   GUID  Guidance Software, Inc.  236   223    84.81x    18.36x    17.76x    13.80x    2.04x    1.86x   AVERAGE:     2,453   2,345    3.68x   (48.43x)   9.46x   (48.22x)   2.92x    2.53x                       BRTI  BlackRidge Technology International, Inc.  62   62             1.88x    16.80x    3.19x   1 Data are as of 8/22/20172 All data are analyst estimates via I/B/E/S or standardized data. Standardized data are via I/B/E/S, Fundamentals, as well as public research reports. Standardized data has relatively fewer adjustments than GAAP/IFRS. Standardized data generally has adjustments for extraordinary and unusual expenses. Normalizing for such one-off events makes the data more comparable when comparing one company to another. Whenever reported numbers are restated, the restated numbers will be shown.  COMPARISON OF PUBLIC COMPARABLE COMPANIES12     

 BUYING ENTERPRISE:  TICKER:  SELLING ENTERPRISE:  TICKER:  EXCHANGE:  CONSIDERATION:  PREMIUM TO MARKET CAP:  P/S:  SYMANTEC  SYMC  BLUE COAT [BAIN CAPITAL]  N/A  N/A  $4.7B  N/A  7.9X  SYMANTEC  SYMC  LIFELOCK, INC.  LOCK  NYSE  $2.4B  33%  3.6X  CISCO  CSCO  APPDYNAMICS  [APPD]1  N/A  $3.7B  N/A  18.9X  INTEL  INTC  MOBILEYE  MBLY  NYSE  $15.3B  40%  41.9X  AVAST SOFTWARE  [AVST]1  AVG TECHNOLOGIES  AVG  NYSE  $1.4B  25%  3.4X  FIREEYE  FEYE  ISIGHT PARTNERS  N/A  N/A  $275M  N/A  6.9X      M&A COMPS  33      1 Not yet public2 Data are as of 8/22/20173 All data are analyst estimates via I/B/E/S or standardized data. Standardized data are via I/B/E/S, Fundamentals, as well as public research reports. Standardized data has relatively fewer adjustments than GAAP/IFRS. Standardized data generally has adjustments for extraordinary and unusual expenses. Normalizing for such one-off events makes the data more comparable when comparing one company to another. Whenever reported numbers are restated, the restated numbers will be shown.  COMPARISON OF PUBLIC M&A TRANSACTIONS23     

 GRANTED PATENTS            DISRUPTIVE, PATENT PROTECTED TECHNOLOGY                34 

 35    146Q1/2017 M&A TRANSACTIONSCybersecurity deals hit an all-time quarterly high of 146 deals in Q1’17, up 26% from the previous quarterly high. The trend held through Q2’17, which saw just one fewer deal [145 total] compared to Q1’17.1  $1.5BQ2/2017 EQUITY FUNDINGThe amount of disclosed equity funding to cybersecurity companies has also recently broken records, reaching an all-time quarterly high of $1.6B in Q2’17. 1  6+$100MM FUNDING ROUNDS Six companies obtained funding rounds of $100M+ in Q2’17. No other quarter on record has seen over four mega-rounds in cybersecurity. 1  Note that the current and projected funding totals for 2017 include only non-exited companies and therefore exclude deals such as the recent $2.29B Private Equity round raised by McAfee from the firm Thoma Bravo in April. 1 2  ANNUAL FINANCING TRENDS  428  Deal activity has increased steadily since 2012, with last year seeing a high of 428 deals, despite a small 6% drop in funding [down from a record $3.8B in 2015]. At the current run rate, both deals and dollars for 2017 are on track to rise to an all-time high. 1   MARKET INVESTMENT  1 CB Insights2 McAfee was acquired by Intel in 2010 and Intel retains 49% ownership of the company3 Through 6/30/2017; NOT annualized      3  3    IN MILLIONS 

   THANK YOU