Li-s Energy Ltd · ASX:LIS
Li-s Energy — Investor Presentation (September 2026)
31 slides from Li-s Energy's investor presentation, Sep 16, 2026
Slide 1: ASX Announcement: Investor Presentation
ASX ANNOUNCEMENT FOR IMMEDIATE RELEASE TO THE MARKET Li-S Energy Limited – ASX Code: LIS Wednesday, 16 September 2026 Investor Presentation Li-S Energy Limited (ASX: LIS) (“LIS” or “the Company”) is pleased to attach the following Investor Presentation to be delivered to investors today. This announ
Slide 2: Investor Presentation September 2026
INVESTOR PRESENTATION SEPTEMBER 2026
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared by Li-S Energy Limited (“LIS” or the “Company”) based on information available to it as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investme
Slide 4: The drone era has arrived & it runs on batteries
The drone era has arrived & it runs on batteries Ours go further, lift more & are sovereign A MASSIVE MARKET1 EXCEPTIONAL SOVEREIGN SUPPLY PROVEN & SCALING PERFORMANCE US$100B+ ~500Wh/kg 100% 2 MWh Allied government Energy density approaching Sovereign Australian cell Geelong production line commitm
Slide 5: Unwavering strategic focus to create value
Unwavering strategic focus to create value 2026 WAS OUR MOST 2027 SET TO BE EVEN REMARKABLE YEAR MORE IMPACTFUL • Power Cell development increases addressable • LIS cells shipped to US DevCom for testing market by orders of magnitude • Completion of FEL-1 study on long-term scale up options • First
Slide 6: Who is Li-S Energy?
WHO IS LI-S ENERGY? Background, corporate overview, and financial snapshot
Slide 7: Sovereign manufacturer of next generation batteries
Li-S Energy Sovereign manufacturer of next generation batteries with a strategic focus on drones & defence We are Australia's sovereign producer of lithium-sulfur battery cells – one of the lightest high-energy cells available, built for drones, defence and aerospace. Proprietary nanomaterial IP and
Slide 8: Board & Management
Corporate Overview ASX Code LIS Top Shareholders Share Price (as at 14/9/26) 15.5¢ PPK Aust Pty Limited 38.8% 52 Week Range 11.5¢-19.0¢ Deakin University 13.4% Shares on Issue 640.2M All other Shareholders <3% holdings Market Capitalisation ~A$99M No. of Shareholders ~10,500 Cash and financial asset
Slide 9: Financial Snapshot
Financial Snapshot Federal Grants and R&D Tax Credits (amount secured by program) (AUD$ Millions) • Significant investments in capital infrastructure and battery development programs completed. $7.9M • Secured $22.4M in federal grants and funding, $5.8M $5.7M with $9.3M of the funds yet to be receiv
Slide 10: Our Technology Advantage
OUR TECHNOLOGY ADVANTAGE Our IP portfolio includes underlying technology that delivers our performance and sovereign supply chain advantages.
Slide 11: Lithium Sulfur Technology
Lithium Sulfur Technology SULFUR CATHODE SEPARATOR LI-S ENERGY CELL CHARACTERISTICS LI-NANOMESH Energy Density Approaching 500Wh/kg – almost twice LITHIUM ANODE (Wh/kg) that of most lithium-ion batteries Allied Active No Nickel, no Cobalt, no Manganese, no Materials Graphite LI-S ENERGY IP E
Slide 12: Power Cell
Power Cell Engineered to deliver more than 10 times the discharge power of a standard Li-S cell, materially expanding our target market ENERGY CELL APPLICATIONS POWER CELL APPLICATIONS Continuous Discharge Rate* 2 FIXED WING UAVs 1.5 MULTICOPTERS 1 >2C HAPS RADIO COMMUNICATIONS 0.5 C/5 0 Gen 3 Energ
Slide 13: The Defence Market and Our Competitive Advantage
THE DEFENCE MARKET AND OUR COMPETITIVE ADVANTAGE Our ultra-lightweight battery cells deliver almost twice the energy density of lithium- ion. The defence drone market is growing exponentially, and we have a compelling competitive advantage – increasing range, operating time, and payload across a bro
Slide 14: Government Defence Drone Commitments
Government Defence Drone Commitments 2026 marked a fundamental pivot across allied military forces towards unmanned systems US: FY2026 request (Jun 2025): US$13.4B autonomy plus US$3.1B counter-UAS; FY2027 request (Apr 2026): over US$74B drone dominance and counter-drone. Excludes ~US$16B enacted Ju
Slide 15: Our compelling competitive advantages
Our compelling competitive advantages Half the weight of Li-ion1 Safer2 Sovereign Domestic Clean allied supply chain Production 1 Typical Li-ion cell - Panasonic NCR18650GA @224Wh/kg 14 2 Refer to nail penetration safety test in the Appendix
Slide 16: Performance Advantages
Performance Advantages Li-S Energy's lightweight batteries deliver extended range and operating times Energy Density Advantages 90min FLIGHT TIME(3) 170min 200km RANGE(3) 380km 8hrs OPERATING TIME(4) Li-ion Li-S Energy(2) 15hrs NMC(1) 5days MISSION TIME(5) 1) Compared to Panasonic NCR18650BF – a typ
Slide 17: Sovereign & Allied Supply Chains
Sovereign & Allied Supply Chains Continuity of manufacturing when non-aligned countries restrict lithium-ion battery materials supply Li-S Energy’s lightweight batteries deliver a broad scale capability enhancement across the unmanned systems landscape – while also eliminating the ‘Achilles heel’ of
Slide 18: Defence Unmanned System Partners
Defence Unmanned System Partners Praetorian Multi-national MSubs (UK) EPE. Trusted to Aeronautics Defence Prime Protect • Counter-UAV interceptor drone • Unmanned air & land systems • Extra Large Unmanned • A structured route into partner system Underwater Vehicles network of 60+ allied defence • So
Slide 19: US Army Testing
US Army Testing First LIS cells delivered to a US Government agency in August 2026 • C5ISR is US Army premier testing and acquisition capability • Li-S Energy 10Ah Power Cells delivered to C5ISR at the US Army Aberdeen Proving Ground (Maryland) for testing • Applications considered include UAV, Land
Slide 20: Commercial Drone Partners
Pegasus Long Endurance Drone • Target markets mapping, surveillance, agriculture, mining & exploration, security • Partners: V-TOL Aerospace & Halocell • Co-funded by Federal Government through a $1.3M Emerging Aviation Technology Partnership grant Commercial Drone Partners Kea Aerospace High Altitu
Slide 21: Our Pathway to Scale
OUR PATHWAY TO SCALE Recent execution, near-term milestones and the manufacturing capability supporting commercial progression
Slide 22: Delivering on the critical factors strategic partners seek
We are delivering on the critical factors that strategic partners seek PERFORMANCE PRODUCTION PRODUCT INTEGRATION PATHWAY TO SCALE • Highest energy density • Produce reliable high- • A battery management • Show a credible path to possible quality cells in volume system (BMS) & pack scale cell produc
Slide 23: Phase 3: Our 2MWh Production Line
Phase 3: Our 2MWh Production Line • The 2MWh production facility completed & small scale commercial production underway • The 220 sqm dry room - one of the largest in Australia • Successful manufacture of lithium metal foils – an Australian first and key production breakthrough • Unique manufacturin
Slide 24: Stage Review & Project Financing Activities
Phase 4 Scale Up Facility Design Project Co-funded by ARENA STAGE 1 STAGE 2 “Investment Ready” “Shovel Ready” & PROJECT FINANCING ACTIVITIES FEL-1 FEL-2 FEASIBILITY STUDY INITIAL FRONT END ENGINEERING DESIGN STAGE REVIEW Initial concept designs & costings in FY27 Preliminary design of all systems, p
Slide 25: Value Drivers
VALUE DRIVERS 4) Li-S Energy
Slide 26: Li-S Energy Investment Highlights
Li-S Energy Investment Highlights Advanced battery technology progressing through defence testing, customer qualification and commercial market engagement KEY NEAR TERM VALUE DRIVERS DEVCOM EATP MSubs Power Cell UN38.3 Phase 4 Further defence Testing progression Drone flight Deep-water Demonstration
Slide 27: Appendix
APPENDIX 4) Li-S Energy
Slide 28: Nail Penetration Safety Test
Nail Penetration Safety Test Video showing nail penetration on Li-S Energy 2.5Ah multi-layer GEN3 lithium sulfur cell, alongside a comparable lithium-ion cell from an internationally recognised manufacturer (2.5Ah 21700 25R cylindrical LCO cell) Use this QR code or click here to see the video. 27
Slide 29: Australia's First Lithium Foil Production
Australia’s First Lithium Foil Production A critical material for advanced batteries • Australia’s first lithium metal foils • Delivered ahead of schedule under a $1.76M matched funding grant from the Industry Growth Program (IGP). • Establishes new sovereign manufacturing capability, supporting Aus
Slide 30: Test Facility
Test Facility Battery cells need to pass a wide variety of performance and abuse tests to meet customer requirements. Our Phase 3 battery testing facility is one of the most advanced in Australia and includes: • Nail penetration & crush tester • Drop tester • Short circuit & overcharge tester • Temp
Slide 31: Production Video
Production Video SCAN TO QR CODE WATCH Production Line Video 30