Hexicon Ab · OMXSTO:HEXI
Hexicon Ab — Shareholder Meeting (May 2023)
24 slides from Hexicon Ab's shareholder meeting presentation, May 12, 2023
Slide 1: Annual General Meeting May 2023
ANNUAL GENERAL MEETING MAY 2023
Slide 2: Floating Offshore Wind
FLOATING OFFSHORE WIND ANNUAL GENERAL MEETING 2023-05-12
Slide 3: Deep-water wind is key to unlocking effective renewable energy
FLOATING OFFSHORE WIND Deep-water wind is key to unlocking effective renewable energy Bottom-fixed wind ENORMOUS POTENTIAL LIMITED FOOTPRINT SUPERIOR INDUSTRIALISATION & WIND CONDITIONS SCALABILITY ANNUAL GENERAL MEETING 2023-05-12
Slide 4: Floating Offshore Wind – A Global Overview
FLOATING OFFSHORE WIND – A GLOBAL OVERVIEW A new generation of wind energy – significant growth of new installations ahead Number and share of new floating wind installations NORTH AMERICA (per year and region) • The US: First floating lease auction in the US in dec 2022. 11% New targets for floatin
Slide 5: Hexicon in Brief
HEXICON IN BRIEF ANNUAL GENERAL MEETING 2023-05-12
Slide 6: Hexicon in brief: project developer and technology provider
16+ 17 GW Presence in gross project portfolio 4 floating offshore continents wind projects TwinWind™ patent in 9 GW net project PROJECT DEVELOPER & TECHNOLOGY 20+ PROVIDER countries portfolio ANNUAL GENERAL MEETING 2023-05-12
Slide 7: The Dual Business Model
THE DUAL BUSINESS MODEL Project developer & Technology provider ANNUAL GENERAL MEETING 2023-05-12
Slide 8: Operations Update
OPERATIONS UPDATE ANNUAL GENERAL MEETING 2023-05-12
Slide 9: Financial Summary 2022
FINANCIAL SUMMARY 2022 A year of investing in maturing technology & projects FULL YEAR CASH OUTFLOW -284 MSEK 10% -> 20% of MunmuBaram Power permits for MunmuBaram PROJECTS Portfolio growth 2.5 GW of site control in Italy 52% 7 GW of grid capacity in Italy TECHNOLOGY TwinWind™ development (including
Slide 10: Our Dual Business Model
OUR DUAL BUSINESS MODEL FID – Final investment decision COD – Commercial operation date ANNUAL GENERAL MEETING 2023-05-12
Slide 11: Project Portfolio – Q2 2023
PROJECT PORTFOLIO – Q2 2023 SOUTH SOUTH KOREA SOUTH KOREA SCOTLAND SWEDEN ENGLAND ITALY IRELAND ITALY AFRICA Pentland NAME MunmuBaram Pohang Floating Wind Freja Offshore TwinHub AvenHexicon GenesisHexicon TBA AvenHexicon Farm LOCATION Ulsan East coast Dounreay Multiple Cornwall Multiple Richards Bay
Slide 12: South Korea - MunmuBaram
SOUTH KOREA - MunmuBaram GROSS CAPACITY 1,300 MW 2027 Commercial Operation Date (COD) Developing the world’s largest floating wind farm with Shell • The project was originated by the JV Hexicon Korea OWNERSHIP • As of end 2020, the development is led by Shell, handed 2025 Final Investment Decision o
Slide 13: South Korea - MunmuBaram: Vestas preferred supplier
SOUTH KOREA - MunmuBaram Vestas selected as preferred supplier VESTAS – PREFERRED SUPPLIER OF TURBINES SIZE COMPARISON Vestas selected for supply & installation of: MunmuBaram tip Eiffel tower Height ~258m Height 330m • 84 x V236-15.0 MW turbines. • 115m blades • 236m in diameter • 40,000m2 • Area e
Slide 14: Sweden – Freja Offshore
SWEDEN – Freja Offshore GROSS CAPACITY 2029 >3,000 MW Commercial operation date, Phase 1 Early mover securing attractive deep-water areas • Hexicon working with a solid first mover advantage in 2027 deep waters OWNERSHIP Final Investment Decision, Phase 1 • Joint development through shareholders’ ag
Slide 15: Sweden – Freja Offshore: Power production beyond the horizon
SWEDEN – Freja Offshore Power production beyond the horizon DYNING MARELD First application submitted for Mareld Mareld capacity >2,000 MW KULTJE Already handed over to local municipality ANNUAL GENERAL MEETING Source: Nordconsult 2023-05-12
Slide 16: Italy
ITALY GROSS CAPACITY Commercial operation date 7,100 MW (COD) Large scale opportunity in novel offshore wind market Final Investment Decision (FID) • The EU Green Deal boosts Italian offshore wind • Joint development with local renewables developer OWNERSHIP Route to commercialisation 50% 2025 • Mul
Slide 17: Italy site map
Beall avenhexjcon 0 100 200 km La Bologna Florence? Maritime limits ‘ - . — Territorial waters Nee Perugia é Campobasso. Sardinia NE, = (t gies Naples Sardinia NW Potenza g Cagliari Puglia 4 Puglia 2 ~ ic Sardinia South 1—m<Sardinia ey Z ‘Reggio Calabria oe Sicily South
Slide 18: Technology
TECHNOLOGY TwinWind™ ANNUAL GENERAL MEETING 2023-05-12
Slide 19: TwinWind™
Tw nWind™ Cutting edge technology Minimal Higher power Increased flexibility Access to better Efficient Lower levelized cost environmental impact density in site selection wind conditions maintenance of energy ANNUAL GENERAL MEETING 2023-05-12
Slide 20: TwinWind Technology Movie
TWINWIND TECHNOLOGY MOVIE ANNUAL GENERAL MEETING 2023-05-12
Slide 21: A TwinWind™ Demonstration Project
A TwinWind™ Demonstration Project ANNUAL GENERAL MEETING 2023-05-12
Slide 22: UK - TwinHub
UK - TwinHub GROSS CAPACITY 32 MW OWNERSHIP 100% COD 2025 JOINT DEVELOPER Bechtel ANNUAL GENERAL MEETING 2023-05-12
Slide 23: UK - TwinHub
UK - TwinHub EIFFEL TOWER Height: 330m TwinWind™ Hub height: 111m Rotor diameter: 180m Total height: 200m ANNUAL GENERAL MEETING 2023-05-12
Slide 24: Thank You
THANK YOU ANNUAL GENERAL MEETING 2023-05-12