Carnegie Clean Energy Ltd · ASX:CCE

Carnegie Clean Energy — Investor Presentation (August 2025)

18 slides from Carnegie Clean Energy's investor presentation, Aug 26, 2025

  1. Slide 1: Delivering Wave Energy To The World

    For personal use only Delivering Wave Energy To The World Webinar – August 2025 ASX: CCE OTCQB: CWGYF 2025 WKN: A2DJFY

  2. Slide 2: Who is Carnegie Clean Energy

    Who is Carnegie Clean Energy ▪ Technology Developer For personal use only ▪ Owner of IP including: • Patents • Know-how • Trade secrets (i.e. code, drawings) ▪ Manufacturer of CETO and MoorPower ▪ Service provider for project developers and owners We harness ocean energy to make the world more susta

  3. Slide 3: The Problem to Solve

    The Problem to Solve ▪ Clean energy is essential for a stable climate For personal use only ▪ Solar and Wind are highly variable and inconsistent ▪ Community pushback on wind developments is growing, even solar and batteries ▪ Nuclear is expensive and takes decades to build ▪ Electrification, EVs an

  4. Slide 4: EU, UK and US are committing $ for solutions

    EU, UK and US are committing $ for solutions For personal use only ▪ The European Commission (EC) has set a target of 1 GW installed ocean energy capacity by 2030 and 40 GW by 2050 ▪ This represents up to $5.7bn of capex on ocean energy projects by 2030 in the EU alone where €195m in funding went to

  5. Slide 5: Wave energy is special

    Wave energy is special ▪ Waves are concentrated wind energy ▪ Highly consistent and predictable For personal use only ▪ Vast and untapped resource ▪ Most powerful when needed – Winter ▪ 24/7 power = earns more ▪ Water density 1000x air (wind) density ▪ 5x less area required compared to wind ▪ Ocean

  6. Slide 6: Our core technology is CETO – The leading solution at scale

    Our core technology is CETO – The leading solution at scale unique and avoids known A round object under water Description automatically generated issues ▪ CETO operates fully submerged, For personal use only avoiding issues of visual amenity and damaging forces from breaking storm waves ▪ Artificia

  7. Slide 7: Specifications Features

    Specifications Features Visual Impact None – fully submerged Extreme Wave Survival Deep diving to 20 m, power production continues Installation & Recovery Small tow vessels, diverless and rapid with quick connectors For personal use only Maintenance Swappable WECs at sea and PTOs in port WEC Rating

  8. Slide 8: EuropeWave Contracted Deployment

    EuropeWave Contracted Deployment ✓ Phase 1 [ COMPLETE ] ✓ Phase 2 [ COMPLETE ] ✓ From initial 36 applicants, Carnegie’s ACHIEVE project ranked For personal use only number one at commencement of Phase 3 (€3.75m) ✓ Judged on criteria including LCOE, performance, reliability, availability and survivab

  9. Slide 9: ACHIEVE Update: Power Take-Off equipment supplied

    ACHIEVE Update For personal use only Power Take-Off equipment supplied 9 9

  10. Slide 10: ACHIEVE Update: Foundation frame fabrication & chain storage

    ACHIEVE Update For personal use only Foundation frame fabrication & chain storage at Bermeo Port 10 10

  11. Slide 11: ACHIEVE Update: Offshore site preparation

    ACHIEVE Update For personal use only Offshore site preparation 11 11

  12. Slide 12: ACHIEVE Next Steps

    ACHIEVE Next Steps ◄◄ Deploying large CETO prototype in Spain ▪ Finalise few remaining design tasks For personal use only ▪ Continue with manufacture of remaining componentry ▪ Integrate using defined assembly processes ▪ Undertake integration tests including “back-to-back” ▪ Transport to port for f

  13. Slide 13: MW Array

    6 MW Array For personal use only ▪ MW scale project is the next step in commercialisation ▪ EU support for +60% CAPEX exists ▪ BiMEP supportive with MoU signed in July 2025 ▪ Discussions commenced with project participants ▪ Supply Chain developed through ACHIEVE including agreements with HPE and SK

  14. Slide 14: MoorPower: Demonstrator Project Complete

    MoorPower: Demonstrator Project Complete Wave Energy for ✓ Scaled Demonstrator deployed at Carnegie’s Aquaculture and offshore test site in 2024 For personal use only ✓ Operations completed successfully Offshore Demand Commercial Scale Design Underway ✓ Product developed based on requirements and ch

  15. Slide 15: Future revenue sources

    Future revenue sources ▪ Sales of CETO and MoorPower systems ▪ Supply spares and assist with operations For personal use only and maintenance ▪ Provide engineering services and software upgrades ▪ Note: • Revenues commence up to 4 years prior to commissioning Carnegie Business • CETO units are estim

  16. Slide 16: Global Footprint

    For personal use only Global Footprint 16

  17. Slide 17: Q&A

    Q&A For personal use only Be part of the innovation that will unlock the power of the world’s oceans 17

  18. Slide 18: Thank you

    CEO: Jonathan Fievez Thank you Chairman: Anthony Shields Carnegie Clean Energy Ltd For personal use only Head Office 21 North Mole Drive, North Fremantle Western Australia 6159 +61 8 6168 8400 Carnegie Technologies Spain Bilbao, Bizkaia CETO Wave Energy UK Edinburgh, Scotland CETO Wave Energy Irelan

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