Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Corporate Update (November 2026)
11 slides from Alpha Hpa's corporate update, November 2026
Slide 1: HPA First Project – Stage 2 Update
rsonal use only HPA FIRST PROJECT – STAGE 2 UPDATE CRITICAL MINERALS FOR SEMICONDUCTOR INFRASTRUCTURE ASX: A4N
Slide 2: Cautionary Statement Forward Looking Statements
CAUTIONARY STATEMENT FORWARD LOOKING STATEMENTS The Definitive Feasibility Study (DFS) referred to in this This presentation contains certain forward-looking In particular, those forward-looking Presentation was undertaken in 2023 and 2024 to assess the statements with respect to the 2024 DFS, the 2
Slide 3: Project Layout Gladstone, Queensland
PROJECT LAYOUT GLADSTONE, QUEENSLAND ONE rsonal use only STAGE ONE: IN PRODUCTION ~ 350 TPA STAGE TWO: IN CONSTRUCTION. COMMENCING 2027 ~10,000 TPA
Slide 4: Strong Manufacturing Facilities, Government Backing and Support
STRONG MANUFACTURING FACILITIES GOVERNMENT GLADSTONE, QUEENSLAND BACKING AND SUPPORT A$75M EQUITY rsonal use only GLADSTONE, to 6.9% holding QUEENSLAND A$320M PROJECT LOAN A$80M COST OVERRUN1 A$30M ROYALTY INVESTMENT2 A$45M GRANT3 STAGE ONE: IN PRODUCTION ~350 TPA A$22M GRANT4 1 Drawdown subject to
Slide 5: Stage 2 Highlights
STAGE 2 HIGHLIGHTS HPA First Project Stage 2 on trac k to deliver compelling returns rsonal use only ANNUAL, STEADY STATE FUNDED WORLD LEADING PRODUCTION PROFILE OF 10,430TPA 1 PROJECT EBITDA OF CapEx Funding Stack A$ 2 88 M2 Largest, single -site production of high A$699M 3 A$ 820 M Margins driven
Slide 6: Stage 2 Facility: 55% Complete, Commissioning Late 2027
rsonal use only STAGE 2 FACILITY: +55 % COMPLETE , COMMENCING LATE 2027
Slide 7: Stage 2: Project Metrics & Funding Stack
STAGE 2 : PROJECT METRICS & FUNDING STACK Strong margins (~73%) with pricing upside as markets mature • Government debt proceeds to fund Project expenditure from November 2026 rsonal use only PROJECT METRICS FUNDING STACK $US (M)2 $A (M)1 $A (M)1 Steady State Steady State Stage 2 CapEx, Jan 2026 (in
Slide 8: Stage 2 1.3x Oversubscribed, Dominated by Semiconductor Demand
STAGE 2 +1.3x OVERSUBSCRIBED DOMINATED BY SEMICONDUCTOR DEMAND • Product Test samples (which include sales) >800 since Jan 2024 and >1,000 total • Ongoing qualification with >100 end-users • Velocity of test sample number and total volume still building rsonal use only • Test sampling activity has p
Slide 9: Marketing Focus on Alpha's Technical Advantages
MARKETING FOCUS ON ALPHA'S TECHNICAL ADVANTAGES LITHIUM-ION SECTOR SEMICONDUCTOR DLE BATTERY rsonal use only USE THERMAL INTERFACE CMP SEMI - CERAMICS DLE SORBENTS COATINGS High sintering, ‘low Alumina and ATH materials as Alumina abrasives for High purity Al-Nitrate as coating alpha” HPA for alumin
Slide 10: Semiconductor Supply Chain Position
SEMICONDUCTOR SUPPLY CHAIN POSITION Semiconductor packaging Spherical alumina manufacturers manufacturers Global Semiconductor Ultra high-purity rsonal use only IDMs* & aluminium based Foundries materials CMP Slurry Makers Thermal spray coating manufacturers Semiconductor Fabrication Equipment Manuf
Slide 11: Thank You
THANK YOU Rob Williamson Managing Director [email protected] rsonal use only +61 407 125 176 Rimas Kairaitis Executive Director and Chief Commercial Officer [email protected] +61 408 414 474 Robert Lord Investor Relations [email protected] +61 400 008 553 alphahpa.com.au