American Battery Technology Company · NASDAQ:ABAT
American Battery Technology — Shareholder Meeting (October 2022)
34 slides from American Battery Technology's shareholder meeting presentation, Oct 27, 2022
Slide 1: 2022 Annual Shareholder Meeting
2022 Annual Shareholder Meeting October 27, 2022
Slide 2: Welcome
American Battery Technology Company 2022 Annual Shareholder Meeting October 27, 2022 Welcome Shareholder Meeting CEO Remarks Shareholder Questions 2
Slide 3: Introduction of Directors
Introduction of Directors Julie Blunden Rick Fezell Elizabeth Lowery Sherif Marakby 2022 Annual Shareholder Meeting 3
Slide 4: Voting on Items Proposed in the Proxy Statements
Voting on Items Proposed in the Proxy Statements 2022 Annual Shareholder Meeting 4
Slide 5: Shareholder Vote
Shareholder Vote American Battery Technology Company 2022 Annual Shareholder Meeting October 27, 2022
Slide 6: Secretary’s Report on Voting
Secretary’s Report on Voting 2022 Annual Shareholder Meeting 6
Slide 7: Adjournment of the Shareholder Meeting
Adjournment of the Shareholder Meeting 2022 Annual Shareholder Meeting 7
Slide 8: CEO Remarks
2022 Annual Shareholder Meeting October 27, 2022 CEO Remarks Ryan Melsert CEO, CTO, Director
Slide 9: Domestic Battery Metals Shortage: Major Impacts
Domestic Battery Metals Shortage: 3 Major Impacts Security of Supply Natural and political disruptions of the supply chain inhibit the ability of US-based battery and electric vehicles to access necessary battery metal feedstocks Cost of Supply The vast majority of battery metals are currently impor
Slide 10: Solving Domestic Battery Metals Shortage: Avenues of Solutions
Solving Domestic Battery Metals Shortage: 3 Avenues of Solutions Lithium-Ion Battery Recycling Processing spent lithium-ion batteries to recover and reuse battery metals domestically Primary Metals Resource Development Developing mineral resources to enable extraction of critical materials Primary M
Slide 11: ABTC: A Year in Review
ABTC: A Year in Review 1) Focus on Technology Development and Technology Commercialization 2) Rebuilding of the Executive Team 3) Implementation of Core Recycling, Resource Development, and Primary Metals Refining technologies 4) Evolving Relationships with Strategic Corporates throughout Battery Su
Slide 12: Focus on Technology Development and Commercialization
Focus on Technology Development and Commercialization • Core Competency and Competitive Advantages of ABTC • Establishment of Technology Development Center at UNR • More than doubling of R&D/Engineering Headcount • Hiring of Key Department Leads York Smith Mark McDaniel Mitch Dreier R&D Analytical C
Slide 13: ReBuilding of Executive Team
ReBuilding of Executive Team Industry focused Executive Team Andrés Meza Kim Eckert Scott Jolcover Bret Meich Chief Operating Officer Chief Financial Officer Chief Mineral General Counsel Resources Officer 2022 Annual Shareholder Meeting 13
Slide 14: Implementation of Core Technologies: Lithium-ion Battery Recycling
Implementation of Core Technologies: Lithium-ion Battery Recycling First-of-kind integrated system to manufacture domestic, low- impact, low-cost battery metals 2022 Annual Shareholder Meeting 14
Slide 15: Lithium-ion Battery Recycling Development Stages
Implementation of Core Technologies: Lithium-ion Battery Recycling Nth Commercial Facility Co-Located Commercial Pre- Facility Commercial Construction Facility Pre- Start Commercial SOP Final Facility Construction Recycling Construction Start System Construction Bench Scale Design Start Initial Subs
Slide 16: Construction of Pre-Commercial Recycling Facility
Implementation of Core Technologies: Lithium-ion Battery Recycling Construction of Facility for Pre-Commercial Recycling Facility 2022 Annual Shareholder Meeting 16
Slide 17: Completion of Year 1 of US Advanced Battery Consortium Project
Implementation of Core Technologies: Lithium-ion Battery Recycling Completion of Year 1 of US Advanced Battery Consortium Project • Successful demonstration of manufacturing of battery grade nickel sulfate, cobalt sulfate, manganese sulfate, and lithium hydroxide products • Independent validation of
Slide 18: Primary Minerals Resource Development
Implementation of Core Technologies: Primary Minerals Resource Development 2022 Annual Shareholder Meeting 18
Slide 19: Primary Minerals Resource Development
Implementation of Core Technologies: Primary Minerals Resource Development • USGS has identified approximately 750,000 tons of domestic proven lithium reserves and approximately 9.1 million tons of lithium resources • However, there is virtually no mining of domestic lithium • In order to increase d
Slide 20: Tonopah Flats Lithium-Bearing Sedimentary Claystone Deposit
Implementation of Core Technologies: Primary Minerals Resource Development ATBCs Lithium-Bearing Tonopah Flats Sedimentary Claystone Deposit 2022 Annual Shareholder Meeting 20
Slide 21: Primary Minerals Resource Development Stages
Implementation of Core Technologies: Primary Minerals Resource Development Commercial Production of Sedimentary Lithium Bankable Definitive Measured and Feasibility Indicated Study Resource / Inferred PFS Resource / PEA Phase 2 Drilling Phase 1 Program Drilling Exploratory Program Surface Sampling 2
Slide 22: Primary Metals Manufacturing
Implementation of Core Technologies: Primary Metals Manufacturing 2022 Annual Shareholder Meeting 22
Slide 23: Primary Metals Manufacturing
Implementation of Core Technologies: Primary Metals Manufacturing • While lithium products are traditionally manufactured from conventional brine and hard rock ore feedstocks, the manufacturing of lithium products from sedimentary claystone is yet to be commercialized • This requires the development
Slide 24: Technology Scale-Up from Bench Scale to Field Demonstration
Implementation of Core Technologies: Primary Metals Manufacturing Technology Scale-Up from Bench Scale to Field Demonstration Maturity $4.5M Grant for Critical Materials Innovations Project Initiated October 1, 2021 Field Demonstration of Selective Leaching, Targeted Purification, and Electro- Chemi
Slide 25: Primary Metals Manufacturing Development Stages
Implementation of Core Technologies: Primary Metals Manufacturing Nth Commercial Refinery First Commercial Field Refinery Demonstration of Integrated Bench Scale System Subsystem Individual Validations Final Component Integrated Optimization System Initial Design Processing Train Design 2022 Annual
Slide 26: Primary Metals Extraction
Primary Metals Extraction Technology Scale-Up from Field Demonstration to Commercial Scale Facility ABTC Awarded U.S. Department of Energy Grant to Construct $115M First-of-Kind Commercial-Scale Battery Manufacturing Facility in Nevada 2022 Annual Shareholder Meeting 26
Slide 27: Evolving Relationships with Corporate Strategics
Evolving Relationships with Corporate Strategics • Integrated network of domestic battery manufacturing supply chain • Drive towards co-location of future commercial facilities for each sector of the supply chain • Importance of enabling connected domestic closed-loop supply chain, influence of Infl
Slide 28: Re-Constituted Independent Board of Directors
Re-Constituted Independent Board of Directors Ryan Melsert Beth Lowery Sherif Marakby CEO / CTO / Chairman 28 Andrés Meza Chief Operating Officer Julie Blunden Board Secretary Rick Fezell 2022 Annual Shareholder Meeting 28
Slide 29: Quarterly Results - FY2022
Quarterly Results - FY2022 Select Financial Statement Items Balance Sheet Income Statement Statement of Cash Flows $50 $45.9 $42.5 $25 $20 $17.1 $20.0 $40 $36.3 $20 $15 $29.0 $30 $23.0 $15 $10 Millions $19.8 Millions Millions $20 $15.9 $10 $6.8 $5 $1.7 $2.3 $12.5 $4.1 $2.8 $10 $5 $0 $0 $0 -$5 -$0.6
Slide 30: ABTC: The Year Ahead
ABTC: The Year Ahead 1) Evolution of demonstration and pilot scale technologies to construction and operation of commercial scale facilities 2) Expansion of employee-base to commercial scale engineering, construction, and operations scopes 3) Continued evolution of relationships with corporate strat
Slide 31: Questions
Questions >>
Slide 32: Appendix
Appendix American Battery Technology Company 2022 Annual Shareholder Meeting October 27, 2022
Slide 33: Financial Statement Reconciliation
Financial Statement Reconciliation Consolidated Statement of Operations 12 Months FYQ1 FYQ2 FYQ3 FYQ4 Ended Sept 30, 2021 Dec 31, 2021 Mar 31, 2022 June 30, 2022 June 30, 2022 Total operating expenses1 19,987,286 4,107,114 2,833,575 6,808,185 33,736,160 Net loss before other income (expense) (19,987
Slide 34: Financial Statement Reconciliation
Financial Statement Reconciliation Consolidated Statement of Cash Flows FYQ1 FYQ2 FYQ3 FYQ4 12 Months Ended Sept 30, 2021 Dec 31, 2021 Mar 31, 2022 June 30, 2022 June 30, 2022 Operating Activities Net loss, attributable to common stockholders $ (19,973,286) $ (4,085,479) $ (2,630,551) $ (6,850,646)
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