Munters Group Ab · OMXSTO:MTRS
Munters Group Ab — Investor Presentation (March 2023)
35 slides from Munters Group Ab's investor presentation, March 2023
Slide 1: Webinar - Battery
Webinar - Battery Investor Relations - Mar 2023
Slide 2: CEO & President, Klas Forsstrom
CEO & President, Klas Forsstrom Kg
Slide 3: Positioned for profitable growth
Positioned for profitable growth Clear strategy Well-positioned Record orders ones een set for value- for strong during 2022 Taone that creating growth growth in confirm our Pe aOMEAGIT? within battery in markets driven strong position & coctommers AirTech by electrification offer climate impact
Slide 4: Strong offer confirmed by large orders in the battery segment
Strong offer confirmed by large orders in the battery segment + Our largest orders in the battery segment ever ° Q2 2022 - order from large US car manufacturer * Total value ~MUSD 65 (including Munters climate control systems & field service work) ° Deliveries: Q2 2023 - Q3 2024 * Combining modulari
Slide 5: GVP & President AirTech, Henrik Teiwik
GVP & President AirTech, Henrik Teiwik Kg
Slide 6: Battery market outlook
Battery market outlook > > Battery demand is expected to grow globally by 20-25% p.a. until 2030 Driven by the rapid electrification of mobility applications and increasing need for stationary storage * EVs accounted for 14% of global auto sales 2022, on track to reach 30% market share by 2030 * Chi
Slide 7: Strengthen core - by continued focus on profitable growth in battery
Strengthen core - by continued focus on profitable growth in battery Underlying capacity forecasts continue to trend upwards... .. and we continue to enhance both our offering & capabilities Global lithium ion gigafactory capacity expected to grow globally by 20-25% p.a. until 2030 8000 7000 6000 50
Slide 8: Strong order backlog in Battery
Strong order backlog in Battery ~> High expansion of battery capacity in need of Net sales, Industrial segment in AirTech dehumidification solutions ° Historically primarily in Asia * Accelerated growth in Europe & Americas + Orders received for larger projects with longer lead times than the rest o
Slide 9: Munters' Centre of Excellence for Battery
Munter’s Centre of Excellence for Battery pivotal for capability building and best practice sharing Centre of Excellence (CoE)- a team of experts focusing on battery applications, large gigafactories, cutting edge R&D facilities and turnkey projects of different scopes > > Application know-how to en
Slide 10: Director of Sottany Centre of Excellence EMEA, Federico Tiezzi
Director of Sottany Centre of Excellence EMEA, Federico Tiezzi
Slide 11: Munters journey in Battery manufacturing
Munters journey in Battery manufacturing Journey started 27 Munters helped Universities to years ago establish ideal environment for Li-ion First Battery Laboratory Battery manufacturing in early 2000s in Oxford UK - 1996 Lithium-ion highly sensitive to water, moisture trapped inside increases risk
Slide 12: Munters journey in Battery manufacturing
Munters journey in Battery manufacturing Munters DHU and solution evolved to meet GIGA scale requirements SC humidif Dehumidifi- Dehumi The dehumidifi to control the spac ~ 2015 the market for GIGA scale production began Kg
Slide 13: Munters journey in Battery manufacturing
Munters journey in Battery manufacturing The dehumidifier provides dry air to control the to -40 to -60° C (-40 to -70° F) dew point
Slide 14: Munters Dry-room solutions
Munters Dry-room solutions Munters supply solutions to control production environment for safe and high quality production Kg
Slide 15: Ultra-High Efficient Munters
Ultra-High Efficient Munters Dehumidifiers with vast range of options and feature for optimal humidity and temperature control Kg
Slide 16: Capillary and precise air-distribution
Capillary and precise air- distribution to the environment to avoid inefficient leakages and deliver perfect condition for manufacturing
Slide 17: Dew Point ultra fine control
Dew Point (dp) [equivalent to humidity content] ultra fine control inside the room to guarantee highest quality of battery production
Slide 18: Design for optimal CAPEX and OPEX
Design for optimal CAPEX and OPEX ines) Project CAPEX | Manag + Munters provides options for value-added engineered solutions * Close customer collaboration to clearly define essential needs & identify suitable areas for savings without compromising performance * Initial project cost can be reduced
Slide 19: Design for energy savings
Design for energy savings 19 Value Engineering Latest technology for most efficient, solution Green PowerPurge™ technology - offers the best possible energy efficiency > improved performance > energy efficiency > significant cost savings > the reactivation energy reduced by 30% By purging air & util
Slide 20: Munters dehumidifier
Munters dehumidifier 20
Slide 21: Munters dehumidifier
Munters dehumidifier New enclosure * brand new casing, 50% stronger * offeres outstanding reliability & efficiency over a longer period * improves thermal-break & insulation by 20% * ensures 4 times less air leakage * resulting in 8% lower energy consumption alongside longevity & reliability being i
Slide 22: Munters dehumidifier Performance
idifi Performance Munters dehumidifier rere ium high: performance desiccant wheel. Superior strength & durability — React fan designed to last High efficiency fan with adjustable flow and wet air protective properties Munters energy saving solutions * Green PowerPurge™ Process pre- treatment (config
Slide 23: Munters dehumidifier
Munters dehumidifier React heater * Steam, electrical, gas * Ready for sustainable energy * Configurable size and power Process post- treatment (configurable) Cooling: Fluid or DX* Heating: Fluid, Electric or Steam* Humidification: Steam or Munters evaporative humidifier / cooler Noise reduction baf
Slide 24: The journey continues...
The journey continues... 10 years Few decades Today Few years Battery Technology Munters
Slide 25: Global Director Battery, Cheryl Thibault
Global Biroctuet manccen Battery, Cheryl Thibault
Slide 26: Consumer demand and decarbonization efforts are driving regional growth
Consumer demand and decarbonization efforts are driving regional growth European movement towards climate neutrality in 2050 * Cutting emissions by 55% this decade * EU commission working towards compromise to keep 2035 ban of fossil fuel cars * Cutting COz emissions by 55% for new cars sold after 2
Slide 27: Source: Benchmark Mineral Intelligence
• • Source: Benchmark Mineral Intelligence
Slide 28: Our focus is a mix of gigafactories and research labs
Our focus is a mix of gigafactories and research labs Top Tier EV battery High-volume battery : Small labs, : producers producers universities & pilot —) Envision CALS — oA a CATL ~— AESL Ei aE LISHEN \7 VARTA rgonne & ny amte sarFT GFREYR CELEFORCE @) CUSTOMCELLS® Panasonic — Protogum ())—: We. ITA
Slide 29: Customer segments have different requirements
Customer segments have different requirements Small - R&D labs & universities at Z New chemistries and unique requirements require custom solutions Performance requirements vary by project (low dew point and ultra low dew point) Can include installation support, dry room integration, commissioning,
Slide 30: Morrow Batteries' first cell production in Norway
Morrow Batteries’ first cell production in Norway — Munters chosen as partner for energy-efficient climate control for their Battery Research Center (BRC) in Grimstad, Norway > Important collaboration with Equans — as turnkey construction contractor +> Munters Battery CoE - provide expertise and pro
Slide 31: GVP & President AirTech, Henrik Teiwik
GVP & President AirTech, Henrik Teiwik Kg
Slide 32: Capturing the full value chain opportunity
Capturing the full value chain opportunity Additional Opportunities amid material °° Raw material mining & handling Environmental RH/T control Even lower dewpoint Additional opportunities re) Service and After- & Sales Additional opportunities Munters Dry-Room te Battery &” recycling Additional oppo
Slide 33: Munters Service Offering - with our customers all the way
Munters Service Offering — with our customers all the way Review & Renew * Smooth transition to new product * Decommissioning * Rental Solutions ReTIRE® START-UP & RENEW WARRANTY SUSTAIN & RETROFIT sere MAINTAIN Retrofit & Upgrade + Controls Upgrade + Rotor Replacement + Rotor Energy Recovery + Fan
Slide 34: Beyond Electric Vehicles
Beyond Electric Vehicles > Trucks, buses, heavy machinery > Energy storage > Battery recycling > Solid-State-Batteries (SSBs) 34 Hydrogen fuel cell use < 2% Makes up < 5% of the global battery market share, projected to grow 15x to reach 1,194 GWh by 2030 Demand to surpass EV demand by 2050, making
Slide 35: Battery - a prioritized area for Munters
Battery - a prioritized area for Munters Market is dynamic — we continued investments in Ample opportunities Hele | o@siittey rate nel GUO dn capabilities, capacity & beyond the dryroom innovation <4)