Nanoco Group Plc · LSE:NANO
Nanoco — Canaccord Genuity Growth Conference, Boston 2016
25 slides from Nanoco's conference presentation, August 2016
Slide 1: Investor Presentation August 2016
INVESTOR PRESENTATION August 2016 LSE: NANO.L
Slide 2: Disclaimer
DISCLAIMER The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. This presentation doe
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS A pioneer in the development and production of cadmium-free quantum dots (CFQDs) Scalable "platform technology" with multiple markets and product applications Cost and performance competitive versus OLED technology in displays Supply and licensing agreements in place wi
Slide 4: Nanoco Technology
NANOCO TECHNOLOGY What is a quantum dot (QD) Tiny particles of a fluorescent semiconductor material • Typically 10 to 100 atoms in diameter Size of the quantum dot determines the spectrum of light perceived to be emitted from the material • Smaller = blue; Larger = red Quantum dots can also be
Slide 5: Nanoco Advantages
NANOCO ADVANTAGES CFQD® provide environmental and health benefits (RoHS compliant) Decreased energy consumption when used in display applications Bright, high quality and energy efficient Materials highly tuneable to a specific color on the spectrum Unique “seeding process” enables mass pr
Slide 6: Key Markets Are Large
KEY MARKETS ARE LARGE Application High CRI Biological imaging LCD backlighting Thin film solar LED lighting In-vivo & in-vitro diagnostic Water soluble CFQD® Technology CFQD® quantum dots CFQD® quantum quantum dots CIGS nanomaterials CFQD® quantum dots resin dots film Functionalized CFQD® quantum do
Slide 7: Nanoco Value Creation
NANOCO VALUE CREATION 1) CFQD® quantum 2) CFQD® quantum 3) CFQD® quantum 4) CFQD ® quantum dots dots + Resin dots/Resin in device dots product CORE BUSINESS CORE BUSINESS CFQD® quantum dots are Nanoco’s near term focus Developing & manufacturing incorporated into film, for CFQD® quantum dots is Ensu
Slide 8: Display: Benefits of CFQD Film for LCDs
DISPLAY: BENEFITS OF CFQD® FILM FOR LCDs QD manufacture Resin Film Film stack Panel Display Better Color Gamut Energy Efficient Minimal Process Change Much improved color Narrow bandwidth = more Uses existing LCD saturation light extraction through color manufacturing infrastructure filters
Slide 9: Display - Global QD Forecast
DISPLAY - GLOBAL QD FORECAST (Millions of units) 2015 2016 2017 2018 2019 2020 Quantum dot market forecast 1.9 5.6 12.7 20.0 29.0 40.7 Growth rate 201.70% 124.80% 57.40% 45.00% 40.50% By application (Volume) (Millions of units) 2015 2016 2017 2018 2019 2020 TV 1.4 4.4 10.0 15.1 20.1 24.5 Monitor 0.4
Slide 10: Display - Global QD TV Forecast
DISPLAY - GLOBAL QD TV FORECAST QD TV display market forecast by size (Volume) 25 20 Millions of units 15 10 5 0 2015 2016 2017 2018 2019 2020 >70 inch 0.0 0.0 0.1 0.3 0.4 0.4 60~69 inch 0.4 0.9 1.8 2.4 3.2 3.9 50~59 inch 0.8 2.3 5.1 7.5 9.9 11.9 40~49 inch 0.1 1.1 3.0 5.0 6.7 8.3 Source: IHS Quantu
Slide 11: Display: QDs Explode Onto the Scene
DISPLAY: QDs EXPLODE ONTO THE SCENE Samsung begins to aggressively promote QD TVs from launch at CES 2015 with further promotion at CES 2016. Samsung QD TVs all contain cadmium free quantum dots 2015 sales of cadmium free quantum dot TVs c. 1.25m units Environmental legislation in Europe and C
Slide 12: Display – Key Partnerships
DISPLAY – KEY PARTNERSHIPS DOW CHEMICAL Announced January, 2013; Modified March, 2016 Changed from exclusive to non-exclusive in March 2016 Non-exclusive worldwide technology licensing agreement with royalty payments WAH HONG Announced July, 2016 Non-exclusive material supply and license a
Slide 13: Display – Dow
DISPLAY – DOW Dow’s new CFQD® quantum dot facility in Cheonan, South Korea The new Dow CFQD® quantum dot facility will enable mass production of cadmium free quantum dots to meet customers’ requirements and product launch Capacity to support millions of large TVs Facility is operational and cu
Slide 14: Display – Wah Hong
DISPLAY – WAH HONG Taiwanese manufacturer and supplier of optical film to the LCD industry Large operational footprint across SE Asia with 10 existing facilities Well established sales and distribution channels into the Display and Panel OEMs Partnership terms: Non exclusive material suppl
Slide 15: Display – Merck
DISPLAY – MERCK Merck is a player in the LCD industry with c.70% share of the liquid crystal polymer market Existing QD manufacturing capability and distribution channels Partnership terms: Non-exclusive worldwide material supply and licensing agreement with upfront license fee On-going ro
Slide 16: Display – Go to Market Strategy
DISPLAY – GO TO MARKET STRATEGY Technology CFQD Product Dow $$ OEM $ Royalty CFQD Product $$ CFQD Product Merck KGaA $$ OEM Technology Nanoco $ Royalty CFQD Product CFQD Product Wah Hong OEM $$ $$ CFQD Product OEM $$ 16
Slide 17: Display – Runcorn Facility
DISPLAY – RUNCORN FACILITY Nanoco’s existing production facility is being scaled to meet expected demand from Wah Hong and Merck Introduction of 24 hour shift work mid August Scaling will require little additional capital expenditures due to recent manufacturing process improvements Addition
Slide 18: Lighting: Broad Applications
LIGHTING: BROAD APPLICATIONS Agriculture • Specific wavelengths for specific crops, even light distribution to ensure even growth • Market Size: $1.9 billion by 2020* Buildings • High CRI, cool white panel light. High quality light for office & retail purposes • Market Size: $700 million near term**
Slide 19: Lighting: Routes to Market
LIGHTING: ROUTES TO MARKET End Products QD manufacture Resin Film Commercial Partnerships Develop Partner Sells Products With Products to Partners End Customers USA Photo-therapy Company R&D Partnership Jointly Develop Bring LED Superior LED Products Using Performance CFQD To Market 19
Slide 20: Biomedical: Diagnostic Imaging
BIOMEDICAL: DIAGNOSTIC IMAGING Cancer imaging represents a significant opportunity for Nanoco World leading team in the use of QDs in life science applications Nanoco technology strengths are: bio- compatibility of the formulated CFQD®s, non toxic, highly fluorescent for a longer period of tim
Slide 21: Solar: CIGS Thin Films
SOLAR: CIGS THIN FILMS High performance printable nanoparticle ink technology for CIGS (copper indium gallium selenide) thin film photovoltaic cells Low cost production technology enabling market penetration - less than $0.33/watt for 16% active area efficiency CIGS module Current performance:
Slide 22: Investment Highlights
INVESTMENT HIGHLIGHTS A pioneer in the development and production of cadmium-free quantum dots (CFQDs) Scalable "platform technology" with multiple markets and product applications Cost and performance competitive versus OLED technology Supply and licensing agreements in place with Dow, Merc
Slide 23: Appendices
NANOCO: ° APPENDICES > ° re) 23
Slide 24: Leadership
Leadership Dr Christopher Richards • CEO, Non-Executive chairman, Arysta LifeSciences Non Executive Chairman • 20 years of increasing management roles at Syngenta • Executive chairman of Plant Health Care • Non-executive director of Dechra Pharmaceuticals plc and of Origin Enterprises plc Dr Michael
Slide 25: Nanoco Group PLC
Nanoco Group PLC 46 Grafton Street, Manchester, M13 9NT, United Kingdom, Tel: +44 161 603 7900, Fax: +44 161 603 7901 Mail: info@nanocotechnologies.com www.nanocogroup.com 25
Nanoco Group — Canaccord Genuity Growth Conference, Boston 2016 on 6ix