Kensington Capital Acquisition Corp. VI · NYSE:KCA.U

Kensington Capital Acquisition Corp. VI — SPAC Merger (July 2026)

24 slides from Kensington Capital Acquisition Corp. VI's SPAC merger presentation, Jul 22, 2026

Slide 1: Presentation July 2026
Exhibit 99.2 = 44 vest “4 ae = Presé ¢ ion 1h —— KENSINGTON July 2026
Slide 2: Disclaimer
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Slide 3: Important Information for Investors and Shareholders
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Slide 4: Nth Cycle and Kensington proposed business combination
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Slide 5: Leadership and Management
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Slide 6: Nth Cycle at a Glance
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Slide 7: Why Refining Matters: critical minerals bottleneck
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Slide 8: Government action on critical minerals refining
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Slide 9: Traditional refining is slow, hard and expensive
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Slide 10: Nth Cycle refining: modular, cleaner, cheaper
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Slide 11: OYSTER electro-extraction and patents
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Slide 12: Commercial facility demonstration
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Slide 13: Flexibility to focus on current and future metals
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Slide 14: Critical metals market opportunity
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Slide 15: Revenue Models
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Slide 16: Progress and milestones
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Slide 17: Global deployment of Nth Cycle technology
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Slide 18: US Government funding opportunities
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Slide 19: Nth Cycle leadership team
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Slide 20: Nth Cycle leadership team (continued)
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Slide 21: Nth Cycle leadership team and advisors
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Slide 22: Transaction overview: $100M PIPE, sources and uses
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Slide 23: Performance versus critical materials peers
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Slide 24: Kensington Capital Acquisition Corp. VI management
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Kensington Capital Acquisition Corp. VI — SPAC Merger (July 2026) on 6ix

Kensington Capital Acquisition Corp. VI — SPAC Merger (July 2026)

Slide 1: Presentation July 2026

Slide 2: Disclaimer

Slide 3: Important Information for Investors and Shareholders

Slide 4: Nth Cycle and Kensington proposed business combination

Slide 5: Leadership and Management

Slide 6: Nth Cycle at a Glance

Slide 7: Why Refining Matters: critical minerals bottleneck

Slide 8: Government action on critical minerals refining

Slide 9: Traditional refining is slow, hard and expensive

Slide 10: Nth Cycle refining: modular, cleaner, cheaper

Slide 11: OYSTER electro-extraction and patents

Slide 12: Commercial facility demonstration

Slide 13: Flexibility to focus on current and future metals

Slide 14: Critical metals market opportunity

Slide 15: Revenue Models

Slide 16: Progress and milestones

Slide 17: Global deployment of Nth Cycle technology

Slide 18: US Government funding opportunities

Slide 19: Nth Cycle leadership team

Slide 20: Nth Cycle leadership team (continued)

Slide 21: Nth Cycle leadership team and advisors

Slide 22: Transaction overview: $100M PIPE, sources and uses

Slide 23: Performance versus critical materials peers

Slide 24: Kensington Capital Acquisition Corp. VI management