Hillcrest Energy Technologies Ltd. · CSE:HEAT
Hillcrest Energy Technologies — Investor Presentation (October 2026)
25 slides from Hillcrest Energy Technologies's investor presentation, October 2026
Slide 1: Energy Solutions Powering the Future
ENERGY SOLUTIONS POWERING THE FUTURE INVESTOR PRESENTATION October 2026
Slide 2: Forward Looking Statement Notice
Forward Looking Statement Notice DISCLAIMER Company’s ability to meet historic sales performances; (ix) the Company’s ability to implement and fulfill its This corporate presentation and the information contained herein (the "Presentation")is proprietary and for business strategies; (x) general econ
Slide 3: Investment Highlights
Investment Highlights Commercializing ZVS Technology with Strong Industry Validation VALIDATED NEAR-TERM MULTIPLE VERTICAL 100% TECHNOLOGY CATALYSTS MOMENTUM OWNED IP 99.7% inverter efficiency AI Hub of Innovation Ownership of ZVS IP tested at Global BESS pilot + access to across traction, grid, DC-
Slide 4: How ZVS Works
How ZVS Works Precisely Timed Switching Delivers More Usable Power at Lower Cost More usable energy out Runs cooler and smaller Uses standard hardware Less waste heat means more Less cooling, smaller No exotic parts — and partners power delivered components, lower cost keep their own controls Conven
Slide 5: Competitive Position
Competitive Position Best-in-class efficiency at lower system cost Conventional hard-switched inverters Hillcrest ZVS Inverter Platform (800 V class) Datacentre: 98% AC-DC, 660 kW 800V DC rack ¹ Datacentre & storage (PCS1000): +99% (simulated) ⁴ Reported efficiency Storage: 98.7% peak / 97% CEC wtd.
Slide 6: Protected By Design
Protected By Design Layered IP Hard to copy Externally validated One platform Tested at several global Patents, trade secrets and Soft switching is well auto OEMs, with 99.7% One ZVS core across control firmware together known; making it hold peak inverter efficiency traction, drives, grid, DC- — no
Slide 7: Market Opportunity by Vertical
Market Opportunity by Vertical Four Growth Markets, One ZVS Technology ENERGY STORAGE (BESS) AI DATACENTRE MARKET US$50.8B (2025) → US$106.0B (2030) US$236.4B (2025) → US$933.8B (2030) 15.8% CAGR 31.6% CAGR MarketsandMarkets, Oct 2025 through 2030 MarketsandMarkets, Jun 2025 — *broad AI datacenter s
Slide 8: One Technology, Two Ways to Monetize It
One Technology, Two Ways to Monetize It MOTOR-DRIVE INVERTERS GRID POWER CONVERSION EV traction · industrial drives AI datacentres · storage · microgrids Partners Equipmake plc (definitive agreement in Partners Ocean Batteries (JDA) · AHI (in principle) · negotiation) · Lenze SE (LOI) integrators (i
Slide 9: Recent Commercial & Technical Momentum
Recent Commercial & Technical Momentum Announcements Across Four Verticals Why it matters: Four independent commercial evaluation pathways — spanning industrial drives, EV powertrain, energy storage and AI datacentres — alongside technical validation of single-stage ZVS architecture for AI datacentr
Slide 10: Technology Advantages
Technology Advantages Hillcrest ZVS PCS1000 Platform Prototype LOWER EMI, SMALLER PASSIVES Up to 70% smaller filter ZVS PCS1000 PERFORMANCE inductors³ and up to 50% smaller capacitors. Less filtering and +99% efficiency versus ≈98% industry standard shielding → lower system cost 2 SUPERIOR EFFICIENC
Slide 11: Next-Generation AI Datacentres
Next-Generation AI Datacentres ZVS PCS1000 — Measurable Efficiency Advantage +200 kW ZVS PCS1000 | SCALABLE TO 1.2 MW | 99%+ PEAK EFFICIENCY POWER RACK SIDECAR 100MW AI DATACENTRE POWER SHELF 1 MW Annual energy cost savings: by 2030 | 17% CAGR of conversion losses avoided global microgrid market US$
Slide 12: Next-Generation AI Datacentres: Unit Count by Deployment Scale
Next-Generation AI Datacentres ZVS PCS1000 Unit Count by Deployment Scale Next-generation Operating Design Point Efficiency Competitor Module Size Datacentres 200 kW +99% 100 kW +240 TWh 20% headroom vs ≈98% conventional industry standard IEA Energy & AI, Apr 2025 additional US datacentre electricit
Slide 13: AI Hub of Innovation
AI Hub of Innovation BESS Pilot & Datacentre Network Access Two Deliverables + Two Industry Verticals (Agreement in principle dated July 20, 2026) BESS Pilot — PCS1000 integrated with a confirmed 130kW / 250kWh / 800V DC BESS platform at AHI's Alberta campus, deployment targeted 2028 following ben
Slide 14: Hillcrest ZVS Traction Inverter Prototype
Hillcrest ZVS Traction Inverter Prototype Benefits Across the Entire Powertrain System TRACTION BATTERY PACK¹ DRIVE SYSTEM EFFICIENCY 350 kVA, 800V SiC up to Up to +7% at 20 kHz Prototype US$1,000 +14% + 14% at 60 kHz SAVINGS EFFICIENCY Versus 10 kHz GAIN² baseline up to up to LOWER EMI 10% SIZE 100
Slide 15: EV Powertrain: Equipmake Evaluation
EV Powertrain: Equipmake Evaluation Definitive Agreement Expanded to Include Commercial Licensing WHY EV POWERTRAIN ESTABLISHED CHANNEL ACCESS Equipmake plc Equipmake's existing OEM relationships across automotive, UK-based developer and manufacturer of high-performance electric motors, inverters, c
Slide 16: Industrial Drives: Lenze SE Evaluation
Industrial Drives: Lenze SE Evaluation Letter of Intent Received June 22, 2026 WHY INDUSTRIAL DRIVES Lenze SE LARGE, ESTABLISHED MARKET Privately-held, family-owned German manufacturer with a 70+ year history in industrial Electric motors use 53% of the world's electricity and 72% drive systems — co
Slide 17: CleanPath Distribution Inc.
CleanPath Distribution Inc. Strategic Indigenous Collaboration INITIAL INVESTMENT & STRUCTURE OPPORTUNITIES $3M investment from Pasqua First Nation + Made-in-Canada ZVS power conversion strategic investment from Apeiron into Hillcrest products Private Indigenous majority-owned entity (PFN, Pilot
Slide 18: Where We Are and What Comes Next
Where We Are and What Comes Next Stage, next gate and how each vertical turns into revenue VERTICAL STAGE TODAY NEXT MILESTONE (TARGETED) POTENTIAL REVENUE PATH B-sample prototype; tested at Equipmake definitive agreement EV traction several auto OEMs (99.7% peak Cost recovery → royalties including
Slide 19: The Opportunity
The Opportunity Commercial & Technical Momentum Externally Validated Four Verticals AI Datacentre Sidecar — Near-Term Focus Lenze SE (industrial drives), Equipmake plc (EV ZVS technology validated at 99.7% peak efficiency PCS1000 targets 800V OCP sidecar architecture; traction), AI Hub of Innovation
Slide 20: Capital Overview
Capital Overview As of October 1, 2026 CSE: HEAT Stock Listing OTCQB: HLRTF FSE: 7HI Basic Shares Outstanding 210.2M Convertible Debentures 2.0M Warrants Outstanding (80% at CAD$0.12) 126.2M Options Outstanding 13.7M Restricted Stock Units 18M Fully Diluted Shares Outstanding 370M Market Cap (Octobe
Slide 21: Appendix
—im™ ee — = — I — — APPENDIX ee
Slide 22: Executive Team
Executive Team DON CURRIE JAMIE L. HOGUE CEO and Director Chief Operating Officer Trusted relationship and business builder with decades of Twenty-five years of experience spanning clean energy North American equity markets exposure and public policy, government affairs, marketing and company financ
Slide 23: Key Technical Advisors
Key Technical Advisors OTMAR BITSCHE European Business Development Former Director of E-Mobility at Porsche AG, where he founded the company's e-mobility organization, developed the industry's first 800V vehicle architecture, and led the Mission E project that became the Taycan. Brings deep relation
Slide 24: Core Technical Team
Core Technical Team DR. EMANUEL SERBAN P.Eng. VP of Engineering Dr. Serban brings over two decades of experience in power electronics, renewable energy, and grid-connected systems, with a proven track record of taking innovative technologies from concept to commercial deployment. ARI BERGER Senior C
Slide 25: Board of Directors
Board of Directors DON CURRIE MICHAEL MOSKOWITZ CEO and Director Chair of the Board Trusted relationship and business builder with decades of Seasoned technology executive and previous leader North American equity markets exposure and public of Panasonic’s North American business company financing s
Hillcrest Energy Technologies — Investor Presentation (October 2026) on 6ix