Surface Transforms Plc · LSE:SCE

Surface Transforms — Shareholder Meeting (June 2022)

14 slides from Surface Transforms's shareholder meeting presentation, June 2022

  1. Slide 1: AGM presentation

    1 AGM presentation J U N E 2 0 22 W W W . S U R F A C E T R A N S F O R M S . C O M

  2. Slide 2: Disclaimer

    Disclaimer 2 Surface Transforms plc – June 2022 2 The information contained in these slides and any accompanying verbal presentation, any question and answer session and any document or material distributed at or in connection with the verbal presentation (together, the “Presentation”) have not been

  3. Slide 3: Introduction: Automotive disc brakes

    Introduction Automotive disc brakes 3 3  Brakes used to slow and stop the vehicle  Activated by the driver’s foot Brake disc Caliper Brake pads  Brake components installed on  Integrated complex system all four wheels of the car  Braking achieved by the caliper pressing  Carbon ceramic discs a

  4. Slide 4: Automotive market drivers

    Automotive market drivers Design, development and manufacture of carbon ceramic brake discs 4 Manufacturers using carbon Changing automotive market Successfully responding to the market * ceramic brakes  Market leading products  Limitations with Iron brake  Proprietary product and process technol

  5. Slide 5: Market conditions

    Market conditions 5 5 Business environment Business positioning Delivering sustainable growth  Customer delays to SOP* from COVID  Covid  Growing revenues through multi year during 2021 contracts with good margins  Brexit logistic disruption  Brexit  Aston Martin Valkyrie & Koenigsegg Jesko 

  6. Slide 6: ST – OEM customers

    ST – OEM customers 6 ST successfully responding to customer demands 6 Engaged with significant number of OEMs OEM 1 British performance car manufacturer 10 Contracts (awarded) OEM 3 (covers 2 & 4) German group with performance car manufacturer as lead with 5 OEMs OEM 5 German car manufacturer  Nume

  7. Slide 7: Revenue and Capacity plan

    Revenue and Capacity plan Contracts & Carry over + Prospective contracts 7 2022 2023 2024 2025 EOP† OEM 7 Jesko Gemera 2027 OEM 8 1st Model 2nd Model 3rd Model 2027 OEM 5 1st Model 2nd Model 3rd Model 2030 OEM 6 1st Model 2nd Model 3rd Model 2029 OEM 10 1st Models 2nd Models 2030 OEM 9 2027 OEM 1 20

  8. Slide 8: Revenue and Capacity plan

    Revenue and Capacity plan 8 Contracts & Carry over + Prospective contracts 8 2022 2023 2024 2025 EOP† OEM 7 Jesko Gemera 2027 OEM 8 1st Model 2nd Model 3rd Model 2027 OEM 5 1st Model 2nd Model 3rd Model 2030 OEM 6 1st Model 2nd Model 3rd Model 2029 OEM 10 1st Models 2nd Models 2030 OEM 9 2027 OEM 1

  9. Slide 9: Manufacturing strategy

    Manufacturing strategy Building capacity and establishing resilience 9 Capacity implementation • Plant flow approach firmly embedded Fibre & Carbon Hall • Phase 1 capacity supporting customer demand Carbon Ceramic Lines Stores • Production ramp on track, with ramp to £20m/yr capacity revenue continu

  10. Slide 10: Operational activities

    Operational activities Building capacity and establishing resilience 10 Operational risk management • Supply chain pressures observed with supply security plans in place to support Fibre & Carbon Hall production needs through 2022/23. • Energy crises - minimal impact until 2023 Carbon Ceramic Lines

  11. Slide 11: ESG

    ESG 11 11 Environment Social & Governance  Reduced CO2 emission in use CO₂  Supporting regeneration in Knowsley CO₂  Increasing employment with well paid jobs  Reduced carbon footprint over lifetime  Developing local community with apprenticeship programme  Reduced dust pollution CH₄  Capture

  12. Slide 12: Investment summary & comparison

    Investment summary & comparison 12 Sustainable and recurring OEM contracts in place  Growing revenues with good margins leading to profitability  Prospective project pipeline in excess of £75m/yr within the next 5 years Building resilient manufacturing capacity the key focus  Successful move to p

  13. Slide 13: Thanks Q&A

    13 Thanks Q&A W W W . S U R F A C E T R A N S F O R M S . C O M S u r f a c e T r a n s f o r m s p l c I m a g e B u s i n e s s P a r k A c o r n f i e l d R o a d K n o w s l e y I n d u s t r i a l E s t a t e L i v e r p o o l L 3 3 7 U F

  14. Slide 14: ST Board – Q&A

    ST Board – Q&A 14 David Bundred, Non Executive Chair David has industrial experience at senior management levels in the UK, Germany and the US and is now an active investor with “a hands on" focus in a small number of high growth companies. He previously had a 24 year long career until 1999 at Lucas

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