Westwater Resources, Inc. · AMEX:WWR

Westwater Resources — Investor Presentation (April 2022)

17 slides from Westwater Resources's investor presentation, Apr 12, 2022

  1. Slide 1: Energy Materials for the 21st Century

    ENERGY MATERIALS FOR THE 21ST CENTURY TERENCE CRYAN – EXECUTIVE CHAIRMAN CHAD POTTER – PRESIDENT AND CEO APRIL 12, 2022 Original Kellyton Site Footprint Building A Building B 1

  2. Slide 2: Cautionary Statement

    CAUTIONARY STATEMENT CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements convey our current expectations or forecasts of future events. F

  3. Slide 3: WWR Core Values

    WWR CORE VALUES Our Core Values are based on Continuous Improvement in: - Each Other - Our Environment - Our Assets - The Communities Where We Work - Our Reputation - Effective and efficient use of our shareholders’ assets - Focus on first quartile cost performance - Highest level of performance eve

  4. Slide 4: Westwater – Ensuring the Health and Growth of Our Business

    WESTWATER – ENSURING THE HEALTH AND GROWTH OF OUR BUSINESS We continue to advance battery graphite product development schedule: • We completed the Definitive Feasibility Study for our Kellyton Graphite Processing Plant and approved the $202 million construction of Phase I. • We secured the site for

  5. Slide 5: Stock & Financial Snapshot

    STOCK & FINANCIAL SNAPSHOT Share Price Shares outstanding 1 41.1 million $1.93 (4/04/2022) Options/RSUs 2 525,337 Market Capitalization3 $79 million Cash and Equivalents $115.3 million Debt $0 (12/31/2021) Liquidity (3 Mo. Avg.) 2.4 million shs/day 52 Wk Hi-Low $5.70 - $1.52 (4/4/2022) 1 Shares Outs

  6. Slide 6: Financial Summary

    FINANCIAL SUMMARY ($ in 000, Except for Share Amounts) 2021 2020 Variance Net Cash Used in Operations $(16,916) $(15,183) 11% Product Development Expenses $(5,975) $(4,049) 48% General and Administrative (1) $(8,875) $(7,343) 21% Net Loss from Continuing Operations $(16,144) $(13,912) 16% Net Loss f

  7. Slide 7: Graphite Is a Major Component of All Batteries

    GRAPHITE IS A MAJOR COMPONENT OF ALL BATTERIES Why Graphite Matters: • A critical component of all types of batteries including lead-acid, alkaline power cells and non- rechargeable lithium cells. • Coated Spherical Purified Graphite (CSPG) is a critical component in lithium-ion batteries. * • The U

  8. Slide 8: Battery Markets Are Growing – Graphite Is a Critical Component

    BATTERY MARKETS ARE GROWING – GRAPHITE IS A CRITICAL COMPONENT • 24% CAGR expected over next 8 years Transportation • Predominantly Lithium-ion Batteries • US Government and Automakers announced a goal of 50% of all autos sold will be Electric Vehicle by 2050 • 19% CAGR expected over the next 8 year

  9. Slide 9: Alabama Graphite Project Key Attributes

    ALABAMA GRAPHITE PROJECT KEY ATTRIBUTES Proprietary Technology • High Purity Conversion • Simple and Patent Pending Process Cost Advantage • U.S. Manufactured Battery Grade Graphite • Vanadium Potentially Improves Project Economics Sustainability • Environmentally Sustainable Process 9

  10. Slide 10: The Alabama Graphite Project Provides Key Advantages

    THE ALABAMA GRAPHITE PROJECT PROVIDES KEY ADVANTAGES The Alabama Graphite Project is a near-term source of domestic U.S. battery-grade graphite • Westwater’s graphite will be produced in the United States using environmentally sustainable processes. • Westwater’s graphite will initially be produced

  11. Slide 11: Proprietary Purification Technology

    PROPRIETARY PURIFICATION TECHNOLOGY Westwater has developed a new technology for graphite purification: • We have filed a Patent Application with the U.S. Patent and Trademark Office for this technology. • Our purification methodology has a more sustainable footprint than those currently used in Chi

  12. Slide 12: Business Plan for the Alabama Graphite Project - Overview

    BUSINESS PLAN FOR THE ALABAMA GRAPHITE PROJECT - OVERVIEW Project Plan • Westwater’s Feasibility Study on Phase I of the Kellyton Graphite Processing Plant, led by Samuel Engineering, is Complete: • Phase I construction has begun. Expected completion in Q2 2023. • Expected Coated Spherical Purified

  13. Slide 13: Executing Our Business Plan

    EXECUTING OUR BUSINESS PLAN • Feasibility study complete for Phase I of the Kellyton Graphite Processing Plant • $202 million construction of Phase I approved by the Board • Construction continues with civil & earthworks that began in March 2022 • On Schedule for completion in Q2 2023 • Samples are

  14. Slide 14: Our Team Going Forward: Tenured Leadership

    OUR TEAM GOING FORWARD: TENURED LEADERSHIP Terence J. Cryan • Joined WWR as Chairman in 2017 Executive Chairman • An experienced CEO; Extensive public company board experience • 20+ year career in investment banking and private equity • MSc. Econ. London School of Economics Chad M. Potter • Joined i

  15. Slide 15: Why Westwater as an Investment?

    WHY WESTWATER AS AN INVESTMENT? • We have a battery-grade graphite development business with strong upside potential in the United States. • Our battery-grade graphite products will be produced from a non-Chinese source of natural graphite until the Coosa Graphite Deposit is developed – currently ex

  16. Slide 16: Questions?

    QUESTIONS? 16

  17. Slide 17: Contact Us

    ENERGY MATERIALS FOR THE TWENTY-FIRST CENTURY Contact Us Westwater Resources Contacts: Investor Relations Contact: Terence J. Cryan, Executive Chairman Michael Porter Chad M. Potter, CEO & President Porter, LeVay and Rose Jeffrey L.Vigil,VP Finance & CFO Phone: 212.564.4700 Email: Info@WestwaterReso

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