Hazer Group Ltd. · ASX:HZR
Hazer — Non-Deal Roadshow (February 2024)
26 slides from Hazer's roadshow presentation, Feb 5, 2024
Slide 1: Hazer Group Investor Roadshow
ASX:HZR Hazer Group Investor Roadshow February 2024
Slide 2: Disclaimer
2 Hazer Group Ltd – Investor Roadshow, February 2024 Disclaimer Important information This presentation has been prepared by Hazer Group Limited (“Hazer” or “the Company”) Forward Looking Statements Statements contained in this document or made during or in connection Summary Information This docume
Slide 3: Hazer's competitive technology advantage
3 Hazer Group Ltd – Investor Roadshow, February 2024 Hazer’s competitive technology advantage Innovative low emission, low-cost methane pyrolysis technology producing clean hydrogen and graphite • Hazer Group Limited is a technology development company undertaking the commercialisation of the Hazer
Slide 4: Commercial Demonstration Plant achieves first H2
4 Hazer Group Ltd – Investor Roadshow, February 2024 Commercial Demonstration Plant achieves first H2 Worlds first fully-integrated demonstration of Hazer’s technology Project Summary & Update • First hydrogen and graphite achieved in Jan 20241 • Performance test program to be executed in 1H CY24 to
Slide 5: Leveraging CDP into new commercial projects
5 Hazer Group Ltd – Investor Roadshow, February 2024 Leveraging CDP into new commercial projects Targeting commercial deployment readiness in 2024 New Commercial Projects Commercial Demonstration Plant (CDP) Hydrogen and Graphite Production • Produce clean hydrogen • High-volumes of graphite for pro
Slide 6: Corporate overview
6 Hazer Group Ltd – Investor Roadshow, February 2024 Corporate overview HZR:ASX Share Price History Capital Structure as at 30 January 2024 Share price $0.65 Market capitalisation (AUD) $127 million Shares on issue 201,090,670 Cash as at 31 Dec 23 ~$11 million Debt as at 31 Dec 23 $0 million Enterpr
Slide 7: Executing scale-up strategy in hard-to-abate sectors
7 Hazer Group Ltd – Investor Roadshow, February 2024 Executing scale-up strategy in hard-to-abate sectors Strategy Enablers MONETISE & • Commercial scale projects in multiple • Japan & EU Production Facilities GROW jurisdictions under license agreements • New Business Projects • Expand global portfo
Slide 8: 2024 strategic priorities
8 Hazer Group Ltd – Investor Roadshow, February 2024 2024 strategic priorities Multiple near-term catalysts to unlock value in our technology 1 CDP online and complete test program to validate commercial readiness Commercialising Technology 2 Advance Hazer Graphite offtake opportunities 3 Deliver Ca
Slide 9: Investment Highlights
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Slide 10: Investment highlights
10 Hazer Group Ltd – Investor Roadshow, February 2024 Investment highlights Low cost, low emission hydrogen production technology, well positioned to play a substantial role in global decarbonisation. 1 2 3 4 Low-cost, Low- Compelling Global Tier-1 Rapidly Growing emissions, Proprietary Economics &
Slide 11: Building leading position in a rapidly growing market
11 Hazer Group Ltd – Investor Roadshow, February 2024 1 Building leading position in a rapidly growing market Hydrogen will play a key role in the decarbonisation of hard-to-abate sectors Current market 500 MTPA ~95 MTPA in 2050*1 © Getty Images Hazer First Mover Advantage 1International Energy Agen
Slide 12: Low cost & low emissions hydrogen
12 Hazer Group Ltd – Investor Roadshow, February 2024 2 Low cost & low emissions hydrogen Hazer well positioned as a low-cost, low-emissions hydrogen technology Methane Pyrolysis vs SMR Existing Technologies Electrolysis • • 2x methane 10% less heat on grid • No CO2 Steam Methane Reforming (SMR) • N
Slide 13: "Plug-in" technology using existing infrastructure
13 Hazer Group Ltd – Investor Roadshow, February 2024 2 “Plug-in” technology using existing infrastructure End-use deployment and application of the Hazer Technology eliminates H2 transport risk and reduces cost • Eliminates requirement for hydrogen transportation cost and risk • Co-located with end
Slide 14: Cost ambition
14 Hazer Group Ltd – Investor Roadshow, February 2024 3 Cost ambition Competitive Hydrogen Cost in Target Markets: • Cost of Production correlates strongly with feedstock gas and power prices • Targeted H2 cost per kg therefore varies across target markets • Cost-competitive with clear pathway to op
Slide 15: Global partners & projects
15 Hazer Group Ltd – Investor Roadshow, February 2024 4 Global partners & projects Tier-1 partners developing commercial projects in North America, Europe and Asia-Pacific
Slide 16: Advanced technology readiness
16 Hazer Group Ltd – Investor Roadshow, February 2024 5 Advanced technology readiness Project Rapid development since company founding and advancing Tech Readiness Level (TRL) Development Pipeline (< 60kg/hr* continuous**) (~<2 kg/hr* semi-continuous) (~1Kg* batch) (<100g* batch) (<1g* batch) 2007–2
Slide 17: "Capex-lite" business model enables early free-cashflow
17 Hazer Group Ltd – Investor Roadshow, February 2024 6 “Capex-lite” business model enables early free-cashflow Hazer business plan premised on licensing and royalty revenues avoiding large-scale capex exposure Hydrogen Royalties • One technology, two valuable markets • Flexible combination of licen
Slide 18: Graphite production diversifies earnings
18 Hazer Group Ltd – Investor Roadshow, February 2024 7 Graphite production diversifies earnings A synthetic, low emissions product with differentiated morphology and properties • Highly structured vs amorphous carbon black Mitsui MOU1 • Iron inclusions produce magnetic graphite • Low production emi
Slide 19: Global policy action gaining momentum
19 Hazer Group Ltd – Investor Presentation, 5 February 2024 8 Global policy action gaining momentum Hydrogen strategies expected in countries representing over 80% of global GDP by 2025 inflation Reduction Act (IRA)
Slide 20: Growth & Monetisation
Growth & Monetisation Commercial scale projects, global portfolio
Slide 21: Hazer target markets focus on Hard-To-Abate sectors
21 Hazer Group Ltd – Investor Roadshow, February 2024 Hazer target markets focus on Hard-To-Abate sectors End-use deployment and application of the Hazer Technology eliminates H2 transport risk and reduces cost Decarbonise Feedstock Energy Steel Making Refining Mobility / Power • Graphitic Carbon •
Slide 22: Overview of key scale-up development projects
22 Hazer Group Ltd – Investor Presentation, 5 February 2024 Overview of key scale-up development projects BC, Canada Nagoya, Japan Montoir, France • New site options in progress • Existing LNG import terminal or • Existing LNG import terminal • Likely H2 to be used at site power station site site id
Slide 23: Growth ambition – plants in years
23 Hazer Group Ltd – Investor Roadshow, February 2024 Growth ambition – 10 plants in 10 years Potential for over 500 KTPA of Hazer installed H2 capacity across target markets by 2035 2024 Current Portfolio 2035 Aspired Portfolio Current Plant Pipeline 4 Plants 1. North America – Burrard and other US
Slide 24: Hazer Group Ltd
Hazer Group Ltd ASX:HZR Investor Relations Enquiries: contact@hazergroup.com.au Media Enquiries: anah@we-worldwide.com
Slide 25: Abbreviations and units used
25 Hazer Group Ltd – Investor Roadshow, February 2024 Abbreviations and units used ARENA Australian Renewable Energy Agency CCS Carbon Capture & Storage CDP Commercial Demonstration Plan FID Final Investment Decision IRR Internal Rate of Return KTPA thousands of tonne per annum LNG Liquified Natural
Slide 26: Assumptions and notes
26 Hazer Group Ltd – Investor Roadshow, February 2024 Assumptions and notes Slide 14 – Cost Ambition Sources: Company analysis and projections, modelling a range of notional outcomes: 1. Feedstock gas - Asia Pacific US$12/mmbtu, Europe ~US$8.5/mmbtu, North America ~US$2.5/mmbtu 2. ~US$400/tonne grap