Slide 1: Commercializing Innovative Combustion & Sensing Technologies
March 2024 Presented by Dr. Jim Deller, CEO NASDAQ: CLIR Commercializing Innovative Combustion & Sensing Technologies
Slide 2: Safe Harbor Statement
2 Safe Harbor Statement This presentation is made solely for informational purposes and no representation or warranty, express or implied, is made by ClearSign Technologies Corporation (“ClearSign,” “we,” “us,” “our,” and, together with our subsidiaries, the “Company”) or any of its representatives
Slide 3: Free Writing Prospectus
3 Free Writing Prospectus This presentation highlights basic information about us . Because it is a summary that has been prepared solely for informational purposes, it does not contain all of the information that you should consider before investing in our Company . Except as otherwise indicated, t
Slide 4: Free Writing Prospectus (cont'd)
4 Free Writing Prospectus (cont’d) We have filed a preliminary prospectus supplement on March 18 , 2024 (the “Preliminary Prospectus”), supplementing our shelf registration statement on Form S - 3 (File No . 333 - 265967 ) (the “Registration Statement”) with the SEC, with respect to the offering of
Slide 5: ClearSign in 30 Seconds
Cost - Effective & “Best - In - Class” Solution ClearSign burners enable customers to meet new and anticipated NO X regulations at a fraction of the cost of traditional solutions. CA regulators recently designated performance as Best Available Control Technology (BACT). Timely Investment Opportunity
Slide 6: Transforming Industrial Combustion
6 Transforming Industrial Combustion Problem Nitrogen from the air is converted into the pollutant NO X by two chemical paths in a flame. Incumbent burners address just one to reduce emissions. Disruptive Solution ClearSign’s burners address both chemical paths that form NO X . Plus, a “plug - and p
Slide 7: Structured for Sustained Growth
7 Structured for Sustained Growth • Rationalized product line - up • Asset light approach that leverages infrastructure of established industry partners • Attractive operating margins and highly scalable “plug - and - play” design suitable for new builds and retrofits • IP protection in large addres
Slide 8: Cost-Effective Solution
Cost - Effective Solution 8 Infrastructure Client Los Angeles, CA • Small process heater • Original NOx = 30 ppm • New permit NOx requirement = 7ppm Economics CLIR (Pre - combustion tech) SCR (Incumbent, post - combustion tech) NOx, ppm 6 5 Capital Cost $450,000 $2,200,000 5 Yr Operating Cost $25,00
Slide 9: Expanding Global Installation Base
9 Expanding Global Installation Base 13 operating installations (30 burners) 4 installations in progress (22 burners) 2 regulatory performance thresholds set
Slide 10: Commercialization Advancing
10 Commercialization Advancing Order Boiler Burner Boiler Burner Boiler Burner Two Process Heaters Process Heater First of Four Boiler Burners Two Process Heaters Company Medical Waste CA Recycling Plant CA Global Chemical TX Refinery CA Refinery CA Food Processing CA Refinery CA Start up Operating
Slide 11: Large Domestic & Global Market Opportunity
Large Domestic & Global Market Opportunity “You have the best burners in the world” - Lead engineer from 2022 California Refinery project customer demonstration Process Burner data: Energy Information Administration – Refining Capacity 2021 & 2022 bp Statistical Review of World Energy (estimation ba
Slide 12: Capital Markets Snapshot
12 Capital Markets Snapshot NASDAQ CLIR Market Cap $42.0M Cash & Short - Term Investments $7.2M Long - Term Debt $0 Shares Outstanding 38.6M Insider Holdings 20% Burner Technology Patent Portfolio 110 Headquarters Tulsa, OK State of Incorporation Delaware Above data is as of September 30, 2023 Recen
Slide 13: Investment Summary
13 Investment Summary Innovative burner technology solution with comprehensive IP protection Asset light, high margin, highly scalable business model Gaining traction and structured for rapid growth Significant growth potential in large global market Experienced and proven team Cash flow breakeven w
Slide 14: Contact Us
14 Contact Us ClearSign Technologies Headquarters 8023 E. 63rd Place, Suite 101 Tulsa, Oklahoma 74133 info@clearsign.com Investor Relations Matthew Selinger Firm IR Group 415 - 572 - 8152 mselinger@firmirgroup.com Management Team Jim Deller, Ph.D. Matthew Martin Chief Executive Officer Chief Technol