Kulr Technology Group, Inc. · AMEX:KULR
Kulr Technology — Investor Presentation (September 2024)
38 slides from Kulr Technology's investor presentation, September 2024
Slide 1: KULR Technology Group Summer 2024 Investor Presentation
| KULR | DELIVERING ENERGY MANAGEMENT SOLUTIONS KULR Technology Group, Inc. Summer 2024 Investor Presentation
Slide 2: Forward Looking Statements
Forward Looking Statements Safe Harbor This presentation and other written or oral statements made from time to time by representatives of KULR Technology Group, Inc. andlor its wholly owned subsidiary KULR Technology Corporation contain “forward-looking statements” within the meaning of Section 27A
Slide 3: KULR Investment Thesis
Summer 2024 Investor Presentation KULR Investment Thesis a ¢ Critical industry and ¢ KULR has proven regulatory needs for technology to serve Lithium-ion battery safety Tier-one customers ¢ Long history and track ¢ Scalable business record serving multiple model with multiple $billion growth markets
Slide 4: Lithium-ion Battery Safety Risks - A Growing Epidemic
Summer 2024 Investor Presentation Lithium-ion Battery Safety Risks - A Growing Epidemic What are the risks? Thermal Runaway Propagation is a dangerous chain reaction with a battery pack that can lead to fires, explosions and human bodily harm. What are the impact of the risks? Increased government r
Slide 5: Our History
Summer 2024 Investor Presentation Our History 2023 - Battery Design & 2015 - KULR 2017 - Carbon Fiber 2019 - Safe 2021 - Perseverance Testing Center of 2025 - Launch of the Technology Corp. Thermal Management Battery design, Rover lands on Mars, Excellence opened in commercialized founded in San tec
Slide 6: Space Proven Thermal Management Solutions
Summer 2024 Investor Presentation Space Proven Thermal Management Solutions as Extensive Spaceflight History Space Shuttle X-38 Mercury Messenger International Space Mars iRovet Artemis Station Perseverance 1998 1999 2002 2022 - Present 2017 2020 - Present S af S- LOCKHEED MARTIN ~ , ane ‘tdarg _ Ra
Slide 7: KULR's Competitive Advantages
Summer 2024 Investor Presentation KULR’s Competitive Advantages K Experienced Agile Prepared KULR Differentiators Responsive Disclamer Statement| Contents contained on these sles ave approved for public release by KULR Technology Group, Incorporated Refer to Side 2for Forward Looking Statements cons
Slide 8: KULR ONE is a Platform for Lithium-Ion Battery Safety
Summer 2024 Investor Presentation KULR ONE is a Platform for Lithium-lon Battery Safety KULR ONE Prototype Model ane Winn ic m ~ a ONE KULR ONE | Rapid prototyping & final production requires: 01 Expertise & Technical Credibility 02 Regulatory \ ) 8. Controls and Monitoring [K Characterizati 4. Init
Slide 9: KULR Customers & Partners
Summer 2024 Investor Presentation KULR Customers & Partners Several Key Clients and Accounts DoD & Gov't Aerospace Industrial Battery Makers Electric Mobility sPacex OOMeta PHiuPs |} SAT T @ test, TOYOTA Q © BOSCH __ BoMBARDIER acompany of ; a BOEING || seam GEER PTotar ® .o.., —_- AXIOM Oo ©RIVIAN
Slide 10: The Global Battery Market Continues to Grow
Summer 2024 Investor Presentation The Global Battery Market Continues to Grow o1 02 03 04 Global battery market characteristics: + Market.US reports that the lithium-ion battery market valued at $59.8B in 2022, up to $307.8B in 2032. » Precedence Research reports that the global battery market size
Slide 11: Technology Domains We Serve
Summer 2024 Investor Presentation Technology Domains We Serve Battery Storage & Transportation * Safe storage solutions with KULR's SafeX platform 01 Battery Design & Analysis + Designs by industry experts ‘CAD & FEM solutions Containment of thermal runaway Energy storage for complex | events for Li
Slide 12: Domain #1: Battery Design and Analysis Capabilities
Summer 2024 Investor Presentation Domain # 1: Battery Design and Analysis Capabilities Custom Batteries KULR ONE Products Industry Experts + Designs by engineering team with space flight hardware and BMS dev. experience. ‘+ Engineers with backgrounds from NASA, ‘Axiom, commercial battery industry, s
Slide 13: KULR ONE Space Batteries
Summer 2024 Investor Presentation KULR ONE Space Batteries Benefits Pre-evaluated architectures Low mass / low volume architectures Customized power solutions to meet unique requirements Enhanced safety features for better product safety Improved battery performance and durability Key Features . . .
Slide 14: Battery for Space Economy Driving Growth
Summer 2024 Investor Presentation Battery for Space Economy Driving Growth The space economy is projected to triple in Space battery market by Virtue Market Research value to . estimated at $3.67B in 2022 with expected by 2035, up from growth to $6.35B by 2030. Key Growth Drivers: Rapid growth of pr
Slide 15: KULR ONE Platforms (Space, Guardian, Air)
Summer 2024 Investor Presentation KULR ONE Platforms (Space, Guardian, Air) KULR ] SAFE MODULAR POWER KULR ONE DESIGN ARCHITECTURE KULR ONE VALUE KULR ] SAFE MODULAR POWER KULR ONE KULR ONE SPACE MAX KULR ONE VALUE KULR ONE VALUE des are approved for publ release by KULR Technology Group, Incorporat
Slide 16: Competitive Advantages of KULR ONE Battery Platform
Summer 2024 Investor Presentation Competitive Advantages of KULR ONE Battery Platform K Safe Reliable KULR ONE Certified Differentiators Fast proved for public release by KULR Technology Group, Incorporated. Oianer iat KULR | sir sive2 o1 02 03 04 05 Inherently Safe Architecture KULR ONE Space is NA
Slide 17: Domain #2: Battery Cell and Pack Level Testing Services
Summer 2024 Investor Presentation Domain #2: Battery Cell and Pack Level Testing Services Electrical Environmental Abuse Testing Testing Testing ‘Small Fractional Thermal Runaway Calorimetry + Lision cells up to 10. Ah + Total energy yield, + Cell body vs. ejected energy yield + Variability characte
Slide 18: Battery Testing and Test Equipment Market Size
Summer 2024 Investor Presentation Battery Testing and Test Equipment Market Size 01 Battery market share growth drives battery testing, and test equipment, market share up. 02 Testing equipment market characterization: + Fortune Business Insights reports the battery testing equipment market size at
Slide 19: Domain #3: Battery Pack Production and Engineering Services
Summer 2024 Investor Presentation Domain #3: Battery Pack Production and Engineering Services Amada Weld Tech Resistance Tab Welder Fabrication and Assembly Capabilities Precision Machining + 4-Axis CNC capable of regular building materials + 3-Axis CNC capable of exotic material machining (Ytria, o
Slide 20: Competitive Advantages of KULR ONE Design Solutions
Summer 2024 Investor Presentation Competitive Advantages of KULR ONE Design Solutions 4 01 One-Stop Shop solution for rapid 4 Rapid turnaround time 02 Industry’s most complete suite of Complete products and services to test for s af e battery safety KULR ONE 03 Proprietary technologies: TRS, Differe
Slide 21: Market Potential with Options, Flexibility, and Customization
Summer 2024 Investor Presentation Market Potential with Options, Flexibility, and Customization KULR Competitor1 Competitor 2 Internal Short-Circuiting Device (ISC-D) iy {| x | x | Small Format FTRC vt ™« [| v_ Large Format FTRC a a a Bomb Calorimetry by | x | vy impingement Zone Mapping 2 x i r a C
Slide 22: Domain #4: KULR VIBE for Computer Server and Industrial Fans
Summer 2024 Investor Presentation Domain #4: KULR VIBE for Computer Server and Industrial Fans According to a recent Morgan Stanley report, the liquid cooling systems for Nvidia's GB200 high-end rack cost more than $80,000, about 15 to 20 times the cost of an air-cooling system for an existing rack
Slide 23: Domain #5: Advanced Thermal Solutions / Vibration Reduction
Summer 2024 Investor Presentation Domain #5: Advanced Thermal Solutions / Vibration Reduction Thermal Products Phase Change Material Heat Sink + Customizable heat sink to fit your geometric and heat transfer requirements. + Phase change material used within heat sink selected based on temperature an
Slide 24: Domain #6: Battery Storage and Transportation
Summer 2024 Investor Presentation Domain #6: Battery Storage and Transportation SafeCASE Model G * Total thermal runaway propagation containment « Up to 2.5 kWh payloads SafeCASE Model R Total thermal runaway propagation containment. * Up to 2.5 kWh payloads SafeCASE Model E * Total thermal runaway
Slide 25: SafeX Competitive Advantages
Summer 2024 Investor Presentation SafeX Competitive Advantages Fire Suppressant Technology KULR — -? First qualified to each OEM Battery Casing certified to contain up to 66Ib and 2.5kWh SE =a (only 1.2kWh) TRS is sustainable and rated for multiple-use in shipping ra fr x | Storage Sleeve tested and
Slide 26: Delivering Solutions for Market Opportunities
Summer 2024 Investor Presentation Delivering Solutions for Market Opportunities 01 Rapid Li-ion Market Growth Without Safety Focus As the lithium-ion market surges, many designs prioritize speed over safety, leading to post-launch redesigns, potential product recalls, and the looming threat of non-c
Slide 27: Massive Market Opportunity with Rich Potential
27 Summer 2024 Investor Presentation Massive Market Opportunity with Rich Potential FF— Addressed Market Fire Suppression $13B+ Yearly SAM’ Vibration Cell Testin; Battery Recycling —— $96B Yearly TAM Resulting in a nearly $96B yearly revenue opportunity by 2032. 1 Sian Ava Mae (SAM? cated fig wih TA
Slide 28: KULR Business Model Scalability
Summer 2024 Investor Presentation KULR Business Model Scalability Products & Services Design Services ProductSales Subscription Services IP Licensing |KULRONEBatteries 0 iS SEED DSSSE SAEs ThermalManagementProducts | vo | Customer Deployment = Product Sales Analysis & Design Services Prototyping & \
Slide 29: Q2'24 Financial Summary
Summer 2024 Investor Presentation Q2'24 Financial Summary YoY Summary 202302 2024Q2__Q0Q% Revenue Total Revenue ‘$2,695,506 $2,432,005 -10% Service Revenue $738,136 $1,297,236 76% Product Revenue $1,957,370 $1,134,770 42% Customers Total Customers 19 27 42% Service Customers 100% Product Customers 2
Slide 30: Revenue and Growth KPI Trends are UP
Summer 2024 Investor Presentation Revenue and Growth KPI Trends are UP Service Revenue $ USD $3,000,000 $2,500,000 $2,000,000 Up 219% Total Revenue $ USD $10,000,000 $8,000,000 Product Revenue $ USD $7,000,000 $6,000,000 ~ $5,000,000 Up 362% $4,000,000 Up 307% $6,000,000 $1,500,000 $1,000,000 $500,0
Slide 31: Revenue Growth Continues
Summer 2024 Investor Presentation Revenue Growth Continues TTM Revenue $ USD $10,000,000 $8,000,000 $6,000,000 Up 894% $4,000,000 $2,000,000 Revenue $ USD $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 192024 2Q2024 XS KULR | ssi sistement contents conan on hse ses re approved for ubireeae
Slide 32: Using Less Cash
Summer 2024 Investor Presentation Using Less Cash Net Cash $ USD Used in Operating Activities 6 Months $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 Net Cash $USD Used in Investing Activities 6 Months Net Cash $ USD Used in Operating & Investing Activities 6 Months $1,000,000 $12,000,00
Slide 33: Balance Sheet is Stronger
Summer 2024 Investor Presentation Balance Sheet is Stronger Cash + AR ($ USD) Quarter Ending Total Liabilities ($ USD) Quarter Ending $3,000,000 $14,000,000 $2,500,000 ee $12,000,000 Down 42% $10,000,000 $2,000,000 $8,000,000 $1,500,000 $6,000,000 $1,000,000 $4,000,000 $500,000 $2,000,000 $0 = $0 an
Slide 34: KULR Texas - Center of Excellence in Battery Design & Testing
Summer 2024 Investor Presentation KULR Texas - Center of Excellence in Battery Design & Testing a Strategic Location close to NASA and Customers Pasadena Deer Park > Seuth Houston Brookside Vitage Pearland AXIOM W od 3% Golins re: S2F" BI UE ORIGIN Aerospace leidos LOCKHEED MARTINZ vacobs | KULR | D
Slide 35: KULR Corporate Overview
Summer 2024 Investor Presentation KULR Corporate Overview Institutional Shareholders fat ta BlackRock Vanguard ia esGEODE BRIDGEWATER Capital Management Nt, NORTHERN he — QY trust MK STATE STREET. 35 KULR | 2ierSitrent cores conned on these sls ae apr fo pole eleas by KULR Tecinsog Group, neues Refe
Slide 36: Our Leadership Team
Summer 2024 Investor Presentation Our Leadership Team Michael Mo CEO & Co-Founder @ Shawn Canter CFO William Walker, Ph.D. cTo Peter Hughes VP of Engineering Michael Carpenter VP of Engineering Ted Krupp VP of Sales and Marketing a KULR | te: Sitenent cones conan on nese ses are anproved for pole ra
Slide 37: KULR Corporate Overview
Summer 2024 Investor Presentation KULR Corporate Overview Sales Team Contacts USA West § International, Ted Krupp. USA Central, Ted Krupp USA East, Sean Plasse Inside Sales, Willie Galon & Tanna Cruickshank Immediate Support Email: [email protected] Phone: +1 (858) 866-8478 KULR Innovation
Slide 38: Thank You
Thank You KULR |
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