Canadian Premium Sand, Inc. · TSXV:CPS
Canadian Premium Sand — Investor Presentation (March 2025)
16 slides from Canadian Premium Sand's investor presentation, March 2025
Slide 1: Domestic Solar Glass Manufacturing
DOMESTIC SOLAR GLASS MANUFACTURING MARCH 2025
Slide 2: Introduction
Introduction Canadian Premium Sand Inc. (“CPS”) is a public company listed on the TSX-Venture Exchange CPS Glass Canada ➢ Developing pattern solar glass manufacturing facilities in US and Fast growing demand for Canada pattern solar glass ➢ No manufacturing facilities of this kind exist in North Ame
Slide 3: Solar Glass is a Critical Component of Solar Panels
Solar Glass is a Critical Component of Solar Panels Pattern solar glass: • Maximizes light transmittance Balance of Solar Glass • Protects solar panel from elements System 10 - 20% • Carries limited technology risk or obsolescence 20%-35% Average solar panel cost Frame breakdown Pattern Solar Glass
Slide 4: Significant Demand for Solar Panels
Significant Demand for Solar Panels In 2024, solar installations accounted for 64% of new utility generation added to the US grid(1) Solar panel installations have grown 22% annually, driven by: • Cost competitiveness of solar energy relative to traditional sources of energy • Corporate sustainabili
Slide 5: Current Dependence on Asia-Pacific Suppliers
Current Dependence on Asia-Pacific Suppliers ➢ Domestic solar panel manufacturers are aggressively seeking a local supply of glass ➢ No supply of pattern solar glass exists in North America Asia-Pacific Supply Challenges: • Geopolitical instability • Unpredictable costs • Volatile tariff environment
Slide 6: Growth of Domestic Panel Manufacturing
Growth of Domestic Panel Manufacturing US solar panel manufacturers are now capable of supplying all domestic solar panel needs • Several global panel manufacturers announced billions of dollars in investments for new facilities in the US • US panel manufacturing capacity and associated glass demand
Slide 7: Market Entry Strategy
Market Entry Strategy Developing two of North America’s only pattern solar glass manufacturing facilities Phase 1 - Brownfield US Strategy Re-purpose a shuttered glass manufacturing facility in southern US to produce 4GW of solar glass annually ▪ Utilize existing infrastructure, equipment and buildi
Slide 8: US Brownfield Development
US Brownfield Development CPS Glass USA - a wholly owned US subsidiary established to advance the brownfield strategy ▪ Offtake agreements under negotiation with key customers ▪ CPS team has deep long-term relationships with major solar panel manufacturers ▪ Filling a void in the current domestic su
Slide 9: Market Entry Strategy
Market Entry Strategy Developing two of North America’s only pattern solar glass manufacturing facilities Phase 2 – Vertically Integrated Canadian project Greenfield flagship project in Manitoba, vertically integrated with wholly owned low-iron sand supply to produce 6GW of solar glass annually ▪ Lo
Slide 10: Canadian Facility Development
Canadian Facility Development Project Economics • Lump-sum turnkey EPC agreement for a total capital cost of C$880 million, including sand quarry development • Previously executed offtake agreements indicate 19% unlevered IRR • Lowest cost solar glass manufacturing operation in North America as a re
Slide 11: Security of Raw Material Supply
Security of Raw Material Supply Wholly owned low-iron sand deposit supports development of two glass manufacturing facilities Rare high quality silica sand resource ✓ 7.25 million tonnes of inferred resource ✓ Meets industry requirement for <100 parts per million (ppm) MANITOBA iron oxide content ✓
Slide 12: Structural Cost Advantage
Structural Cost Advantage 100 90 35% 40% 35% - 40% cost advantage(2) Logistics 80 70 • Logistics: Significantly lower logistics cost due Packaging, Consumables, R&M to proximity to customers vs. Asia-Pacific Relative Cost Basis(1) 60 Other Raw Materials Logistics 50 Packaging, Consumables, R&M • Sod
Slide 13: Long-Term Growth Strategy
Long-Term Growth Strategy US brownfield strategy is a first step towards establishing CPS as the preferred solar glass supplier US solar panel manufacturing has reached a turning point with 52 GW of annual capacity driving significant focus and capital towards onshoring of the solar supply-chain • O
Slide 14: Corporate Overview
Corporate Overview 6% Capitalization Current 32% Share price (January 31, 2025) ($/share) $0.335 36% Common shares outstanding (MM) 92.6 Market capitalization (basic) ($MM) $31.0 Net cash outstanding 26% Cash and equivalents (December 31, 2024) ($MM) $3.7 Management & Directors Less: 12.0% convertib
Slide 15: Disclaimer
Disclaimer General This corporate presentation dated March 2025 (the "Presentation") has been prepared by Canadian Premium Sand Inc. ("CPS" or the "Company"), and is based on public information of CPS. This Presentation is for information purposes only and is being made available by CPS to provide i
Slide 16: Disclaimer (Cont'd)
Disclaimer (Cont’d) Market, Independent Third Party and Industry Data Certain market, independent third-party and industry data contained in this Presentation is based upon information from government or other independent industry publications and reports or based on estimates derived from such publ
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