NanoXplore, Inc. · TSX:GRA
NanoXplore — Shareholder Meeting (December 2022)
31 slides from NanoXplore's shareholder meeting presentation, December 2022
Slide 1: The Power to Transform
The Power to Transform Enabling Energy Transition & Sustainability AGM - December 2022
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains express or implied forward-looking statements, which are based on current expectations of management. These statements relate to, among other things, our expectations regarding management’s plans, objectives, and strategies. All statements other
Slide 3: NanoXplore at a Glance
NANOXPLORE AT A GLANCE Advanced material company founded in Largest Graphene Producer 10 production plants ESG vision Strong IP portfolio & Know-how through years of * ~40%share R&D development Worldwide ~500 employees 2011 Lowest Cost certified Producer We pride ourselves “BlueChip “Blue chip Custo
Slide 4: Diversity, Equity & Inclusion
DIVERSITY, EQUITY & INCLUSION Board of Directors Corporate Workforce Management Team 50% 45% 40% Multi-Cultural Women Multi-Cultural & Women & Women 61% Multi-Cultural Background 3
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT Market Capitalization 1 Dec. Shares Outstanding 30 Sept. Shareholders’ Structure $460M 166M 21% Cash & Cash Equivalents Total Liquidity 30 Sept. 30 Sept. $43M $49M 52% 7% 7% 7% Total Long-Term Debt 7% 30 Sept. $9M Martinrea International inc. Investissement Quebec CDPQ Soroush Naz
Slide 6: FY2022 Corporate Highlights
FY2022 CORPORATE HIGHLIGHTS TOTAL REVENUES TOTAL REVENUES (in $000s) $30,000 $94.3M up 30% $25,000 DRIVERS: $20,000 • Positive product mix including graphene- $15,000 enhanced products $10,000 • New sales programs and price increases Higher tooling Demanding Operating $5,000 • • Canuck acquisition E
Slide 7: Examples of Commercial Success
EXAMPLES OF COMMERCIAL SUCCESS LARGE GLOBAL OEM LARGE ASIAN ELECTRONIC COMPANY Graphene-enhanced plastics Graphene powder LARGE COMMERCIAL OEM MID-SIZED NORTH AMERICAN PIPE COMPANY Graphene-enhanced composite parts Graphene-enhanced plastics MID-SIZED LATIN AMERICAN PACKAGING COMPANY MID-SIZED NORTH
Slide 8: Highlights of Recent Developments
HIGHLIGHTS OF RECENT DEVELOPMENTS Multi-year supply and distribution Solmax and NanoXplore announce NanoXplore acquires agreement with Gerdau EPA Approval blanket purchase order assets of XG Sciences July 2021 December 2021 April 2022 August 2022 June 2021 August 2021 May 2022 Graduation to the host
Slide 9: Canuck Compounders Acquisition
CANUCK COMPOUNDERS ACQUISITION $9 million Paid 5x 40M lbs EBITDA annually Acquisition - December 2021 Founded 35 years ago Canuck is a plastic recycling compounder providing CANUCK sustainable and engineered compounds A C O M PA N Y NanoXplore is currently selling graphene-enhanced recycled plastic
Slide 10: XG Sciences - Asset Purchase
XG SCIENCES - ASSET PURCHASE Specialized in the production of graphene nanoplatelets in process US$3 million Majority of Assets 100-200 tpa line at our Graphene & Battery Acquisition - August 2022 Founded in 2006 R&D lab material facility END MARKETS Partnered with market leading companies in key en
Slide 11: Manufacturing Footprint & Process
MANUFACTURING FOOTPRINT & PROCESS GIMLI * High Low Environmentally BEAUCE* Volume Cost Friendly * CAMBRIDGE *Enhanced products in other form State-of-the-art graphene facility * SWITZERLAND factors (masterbatch and compounded MONTREAL producing graphene powder pellets, composite parts) NEWTON* 10 fa
Slide 12: The Power of Graphene
THE POWER OF GRAPHENE US$3 billion* 39% CAGR 2020 2027 Since its recent discovery in 2004, graphene continues to amaze scientists and researchers of the superlative properties the material exhibits. 2010 Hailed as a “wonder material”, graphene is lauded for its durability, sustainability and potenti
Slide 13: Long-Term Drivers
LONG-TERM DRIVERS Capacity Expansion EV Adoption Sustainability High Return Market Share on R&D spend Growth 12
Slide 14: Our Solution
OUR SOLUTION We leverage our patented technology to provide sustainable alternative Graphite EXFOLIATION Graphene Natural flake graphite via a mechanical-liquid 6-10 atomic layers (>100,000 layers of carbon) proprietary process in thickness with 96-98% purity More EFFECTIVE SAFE CO2 No Carcinogen &
Slide 15: Powering Key Global Megatrends
POWERING 2 KEY GLOBAL MEGATRENDS Our vision is to create a better tomorrow by providing innovative, sustainable products and solutions across multiple industries and applications PRODUCT PEOPLE PROCESS ENERGY TRANSITION SUSTAINABILITY ˜ 80% Carbon footprint vs. OTHER SOLUTIONS 14
Slide 16: The Potential Evolution as a Leading Graphene Producer
THE POTENTIAL EVOLUTION AS A LEADING GRAPHENE PRODUCER THE SET-UP OUR PLAN OUR VISION PHASE 1 PHASE 2 PHASE 3 2017-2022 2023-2026 2026+ DE-RISKED & CAPEX GROWTH & POSITIONED FOR SUCCESS EXECUTION POSITIVE YIELDING RESULTS • Strengthened our balance sheet • $120M graphene and battery materials • Bene
Slide 17: Battery Materials - Executive Summary
BATTERY MATERIALS - EXECUTIVE SUMMARY EV Adoption Anode Active Material 700GWh* by 2031 Energy Transition/ Sustainability Anode Performance Capacity needed Additive (Gn + Si) of anode active material 700ktpa Inflation Reduction Act Cathode Conductive IoT Adoption/Electronic Additive Devices KEY TARG
Slide 18: Battery Materials - NanoXplore Value Proposition
7 BATTERY MATERIALS - NANOXPLORE VALUE PROPOSITION Anode (-) Cathode (+) Silicon/other Anode: Enhanced capacity Enhanced conductivity resulting More consistent anode performance Improved safety due to versus other anodes in faster charging time in hot and cold temperature versus enhanced heat dissip
Slide 19: Battery Materials - Capex & Returns
BATTERY MATERIALS - CAPEX & RETURNS ASSETS: • 12,000 tpa graphene and battery materials facility • 100-200 tpa graphene-silicon line • R&D Facility 2023 2025 CAPEX: $100 million Start of buildout Commissioning POTENTIAL ANNUAL REVENUE: $100 million IRR: 25%+ REASONS TO INVEST/STRATEGY: • Large and g
Slide 20: Lightweighting Composites - Executive Summary
LIGHTWEIGHTING COMPOSITES - EXECUTIVE SUMMARY 9% EV Adoption Transportation External parts of vehicles 31% Sustainability Battery enclosures 26% US$3B in 2021 Construction Transportation industry Commercial and 34% CO2 Reduction Regulations Residential Applications * Transportation Electrical/Electr
Slide 21: Lightweighting Composites - NanoXplore Value Proposition
LIGHTWEIGHTING COMPOSITES - NANOXPLORE VALUE PROPOSITION Stronger, Lighter, Higher Quality Parts Using ICE EV 30% HEAVIER CURRENT SOLUTION LIGHTWEIGHTING IS A PRIORITY FOR OEMs up to 25% Lower Painting Cost Lightweighting Sustainability & Potential Reduced Emissions 20
Slide 22: Lightweighting Composites - Capex & Returns
LIGHTWEIGHTING COMPOSITES - CAPEX & RETURNS ASSET: 10M lbs SMC facility SMC Nameplate Capacity CAPEX: $50 million 12M lbs POTENTIAL ANNUAL REVENUE: $80 million IRR: 25%+ REASONS TO INVEST/STRATEGY: • Large and growing addressable market • Attractive EV adoption market • Undersupplied market • Furthe
Slide 23: Speciality Compounds - Executive Summary
SPECIALITY COMPOUNDS - EXECUTIVE SUMMARY Sustainability Concrete Market Penetration Polyurethane (PU) Foam Low-Cost Alternative Drilling Fluids Polyethylene (PE)/ Polypropylene (PP) Compound GRAPHENE TARGETED KEY DRIVERS VERTICALS 22
Slide 24: Speciality Compounds - NanoXplore Value Proposition
SPECIALITY COMPOUNDS - NANOXPLORE VALUE PROPOSITION VALUE PROPOSITION GRAPHENE ADDRESSABLE MARKET SIZE 6,000 ktpa1 Concrete CO2 EMISSION COST PERFORMANCE & SAVINGS DURABILITY Drilling Fluids 256 ktpa2 FASTER EXTENDED REDUCED DRILLING SPEED TOOL LIFE FLUID LOSS PU Foam BETTER THERMAL FLAME SUSTAINABI
Slide 25: Speciality Compounds - Capex & Returns
SPECIALITY COMPOUNDS - CAPEX & RETURNS ASSET: 4,000 tpa GrapheneBlackTM module (in addition to existing 4,000 tpa) CAPEX: $20 million POTENTIAL ANNUAL REVENUE: $40 million IRR: 40%+ REASONS TO INVEST/STRATEGY: • Narrowing the scope to focus on highest probability of success applications • Focus on a
Slide 26: VoltaXplore at a Glance
VOLTAXPLORE AT A GLANCE VoltaXplore benefits from NanoXplore’s proprietary graphene anode technology VoltaXplore commissioned a 1 MWh demonstration battery facility in March 2022 (TSX:MRE) (TSX:GRA) Technology has been validated 50% 50% Customer discussions are progressing well VoltaXplore is a Canad
Slide 27: Advantages of Graphene-Enhanced Battery Cells
ADVANTAGES OF GRAPHENE-ENHANCED BATTERY CELLS Regular Anode with Graphene Enhanced Anode with NMC Cathode * NMC Cathode 18650 Battery Cell KPIs Energy Density Increase X Up to 10% Improved range performance for the EV market Cycle Life at Normal Charge Rate Up to 1500 Up to 2000 Energy stability and
Slide 28: Benchmarking Lithium-Ion Batteries
BENCHMARKING LITHIUM-ION BATTERIES KPIs* COMPETITOR 1 COMPETITOR 2 Capacity (mAh) 2500-2600 2500-2600 2500-2600 Energy Density (Wh/Kg) 204 196 214 Cycle Life (@80%) 300 250 450 (@ 4A Charge Rate) (@ 4A Charge Rate) (@ 4A Charge Rate) Internal Resistance (mΩ) <30 <20 27.5 Mass (g) 45.8 47.8 43.7 Temp
Slide 29: Leadership Team
LEADERSHIP TEAM Dr. Soroush Nazarpour, Ph.D. Rocco Marinaccio Pedro Azevedo Nima Moghimian Vincent Livoti Founder & Chief Executive Officer Chief Operating Officer Chief Financial Officer Global Director of R&D Global VP Sales & Marketing Ph.D in Nanotechnology from the More than 20 years of experie
Slide 30: Analyst Coverage
ANALYST COVERAGE Rupert Merer Amr Ezzat MacMurray Whale Ahmad Shaath Marvin Wolff Michael Glen Ben Jekic 29
Slide 31: 4500 Thimens Blvd, Montreal, QC H4R 2P2 www.nanoxplore.ca TSX: GRA | OTCQX: NNXPF
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