Investor Q&A

Investor Q&A

• Q: What exchanges do DragonWave Inc.’s common shares trade on?
  
  A: DragonWave Inc.’s common shares are traded on the Toronto Stock Exchange And AIM, a market operated by London Stock Exchange plc, under the stock symbol:DWI.

• Q: Is DragonWave Inc. a Canadian company?
  
  A: Yes, DragonWave Inc. is incorporated under the Canadian Business Corporation Act and was founded in 2000, in Ottawa, Canada.

• Q: What is DragonWave Inc.’s fiscal year end?
  
  A: The fiscal year end for DragonWave Inc. is the last day in February in each year.

• Q: Since DragonWave Inc. is a Canadian incorporated company, are the shareholder rights the same in Canada and the UK?
  
  A: As a Canadian company trading on AIM, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company.

• Q: Where does DragonWave Inc. conduct the majority of its business?
  
  A: DragonWave Inc.’s corporate headquarters is located in Ottawa, Canada. DragonWave Inc.’s products are sold around the world with the majority of current revenue originating from North America.

• Q: Who is DragonWave Inc.’s nominated advisor for the purpose of their admission and trading on AIM?
  
  A: Canaccord Adams Limited, which is regulated in the United Kingdom by the FSA and is a member of London Stock Exchange plc, is acting as DragonWave Inc.’s nominated advisor and broker for the purposes of the AIM Rules. For additional information, please see DragonWave Inc.’s Admission Document, dated April 13, 2007.

• Q: Upon completion of the initial public offering will any of the common shares be subject to any restrictions?
  
  A: Approximately 68% of the outstanding common shares are subject to some kind of trading restriction. In addition, DragonWave Inc.’s common shares have not been and will not be registered under the U.S. Securities Act or any U.S. state securities laws. Subject to certain exceptions, none of the common shares may be offered or sold, directly or indirectly, in the United States. Offers and sales of any of the common shares in the United States would constitute a violation of the U.S. Securities Act unless made in compliance with, or not subject to, the registration requirements of the U.S. Securities Act or an exemption therefrom.