Nanoflex Power Corporation · OTC:OPVS
Nanoflex Power — Investor Presentation (April 2016)
29 slides from Nanoflex Power's investor presentation, Apr 4, 2016
Slide 1: Your perception of solar is obsolete
NANOFLEX ) POWER CORPORATION Your perception of solar is obsolete.
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation may contain forward-looking information about NanoFlex Power Corporation, a Florida corporation and its wholly-owned subsidiary, Global Photonic Energy Corporation, a Pennsylvania corporation (collectively, the “Company’). All statements other than statem
Slide 3: NanoFlex Company Snapshot
NANOFLEX COMPANY SNAPSHOT NanoFlex Power Corporation develops advanced solar technologies which enable high performance thin films for ubiquitous solar power. Extensive foundational intellectual property with >130 issued/pending U.S. patents, plus foreign counterparts. Commercializing two distinct t
Slide 4: NanoFlex Major Messages
NANOFLEX” MAJOR MESSAGES = Executing first major joint development agreement with leading GaAs solar manufacturer to commercialize NanoFlex’s cost reduction technology = JDA aims to bring ultra-high performance GaAs to solar markets at costs that are estimated to be >90% lower than current GaAs sola
Slide 5: Gallium Arsenide Solar Technology: Ultra-High Efficiency Thin Films
NANOFLEX” GALLIUM ARSENIDE SOLAR TECHNOLOGY ULTRA-HIGH EFFICIENCY THIN FILMS Unmanned Aerial Vehicle with Flexible, Ruggedized Solar Sheet on GaAs Solar Cells Space-Constrained Commercial Rooftop Source: SolAero Technologies (L); CoolFatRoof com (R) March 2016 CONFIDENTIAL,
Slide 6: First Major Development Agreement Signed with GaAs Solar Cell Leader
NANOFLEX ©) FIRST MAJOR DEVELOPMENT AGREEMENT SIGNED soa aa WITH GaAs SOLAR CELL LEADER Validates NanoFlex’s GaAs technology & begins commercialization of cost-competitive GaAs thin films for aerospace & terrestrial markets. = Partner is a world leader in GaAs solar cells, powering >160 space missio
Slide 7: Low Cost, High Power Thin Films Would Open and Expand New Solar Markets
NANOFLEX? LOW COST, HIGH POWER THIN FILMS ower comonmon WOULD OPEN & EXPAND NEW SOLAR MARKETS What if you could bring the ultra-high efficiency of GaAs solar cells to terrestrial applications by making it cost competitive... Watts / gram o os 0 ..and in extremely thin 0 50 100 150 200 250 300 350 an
Slide 8: NanoFlex's Patented Technology Enables GaAs Thin Films at Breakthrough Prices
NANOFLEX? NANOFLEX’S PATENTED TECHNOLOGY ENABLES ower comonmon GaAs THIN FILMS AT BREAKTHROUGH PRICES Reduce GaAs solar cell cost by >90% by re-using the GaAs parent wafer via Non-Destructive Epitaxial Lift Off (ND-ELO). THIN FILM SUBSTRATE (PLASTIC OR METAL FOIL) ACTIVE SOLAR REGION ~ RE-USABLE WAF
Slide 9: ND-ELO Process Validation on GaAs Solar Cell
F A ND-ELO PROCESS VALIDATION NANOFLEX. ON GaAs SOLAR CELL Lifted-off Thin-film Cleaned Parent Wafer — 5Snm Pristine parent wafer surface after protection > layer removal Source: NanoFlex Power, University of Michigan -Snm, RMS : 0. March 2016 CONFIDENTIAL, 9
Slide 10: Mini-Concentrators Bring Diffuse Light into High Performance GaAs Cells
NANOFLEX MINI-CONCENTRATORS BRING DIFFUSE LIGHT ower comonmon INTO THESE HIGH PERFORMANCE GaAs CELLS Enabling energy harvesting in diffuse light further reduces cost by using less semiconductor material in the cell. Compound Parabolic Concentrator NanoFlex Mini-Integrated Concentrator Array (cP) (“M
Slide 11: Wafer Reuse, MICA, and Efficiency Gains Break the Cost Curve on GaAs
NANOFLEX” WAFER REUSE, MICA, & EFFICIENCY GAINS REA Sea BREAK THE COST CURVE ON GaAs $60 $50 $50.02/W e e e NanoFlex’s NanoFlex’s Efficiency $40 ND-ELO MICA gains drive g 7 s process concentration costs below 5 $30 reduces drives >85% the DOE’s 3 cost by further cost $0.52/W ° 5 >90% reduction price
Slide 12: NanoFlex GaAs Thin Films Dramatically Outperform in Demanding Applications
NANOFLEX” NANOFLEX GaAs THIN FILMS DRAMATICALLY FORE ORRORATON OUTPERFORM IN DEMANDING APPLICATIONS Ultra-high efficiency in a lightweight and flexible thin film unlocks sizable markets for mobile power and BIPV. 2.3x higher power per m? 2.2x higher power per kg Power to Surface Area Ratio Power to
Slide 13: A Highly Competitive Cost Structure
A HIGHLY COMPETITIVE COST STRUCTURE NANOF EX. PRESENTS ATTRACTIVE MARGIN POTENTIAL NanoFlex’s GaAs cost breakthroughs create the highest performance thin film at the lowest cost. 80% margin potential at competitor prices NanoFlex Cost vs. Competitor Prices ‘$3.00 $2.50 $2.30 $2.00 $2.00 z 3 $1.50 30
Slide 14: GaAs Thin Film Technology Evolution, Value Creation and Market Expansion
+) GaAs THIN FILM TECHNOLOGY EVOLUTION, NaNO ECE VALUE CREATION & MARKET EXPANSION Time @ eO Value Creation March 2016 CONFIDENTIAL 14
Slide 15: Organic Photovoltaics (OPV): Aesthetic, Semi-Transparent Thin Films
NaNoFLex> ORGANIC PHOTOVOLTAICS (OPV) AESTHETIC, SEMI-TRANSPARENT THIN FILMS Tinted, Semi-Transparent OPV Solar Thin Films PV Curtain Wall by BISEM at Guardian Industries Science and Technology Center in Detroit, Michigan March 2016 CONFIDENTIAL a>
Slide 16: NanoFlex OPV Is a Close Cousin of the Highly Successful OLED
NANOFLEX OPVIS A CLOSE COUSIN OF THE HIGHLY SUCCESSFUL iaaiaial ORGANIC LIGHT EMITTING DIODE (OLED) Similar to OLEDs, NanoFlex OPVs use small organic molecules, but instead of emitting light, they absorb light to generate electricity. ‘Samsung Galaxy S6 Edge LG 55” OLED LG Chemical flexible OLED wit
Slide 17: NanoFlex's OPV Technology
NANOFLEX NANOFLEX’S OPV TECHNOLOGY With various colors, transparencies & form factors, OPV thin films are ideally suited for encapsulation within windows & glass assemblies for high-quality aesthetic applications. NanoFlex Tinted OPV Cells OPV Window Structure Application Concepts Naw Seay Spacer ‘M
Slide 18: Aesthetic and Flexible Form Factor OPV Unlocks New Markets for Solar Power
NANOFLEX? AESTHETIC & FLEXIBLE FORM FACTOR OPV ower comonmon UNLOCKS NEW MARKETS FOR SOLAR POWER “High quality transparent PV is the holy grail of the BIPV world.” - Greg Kiss of Kiss + Cathcart, Architects Y Full range of colors, transparencies & architectural shapes Y Generate sufficient power to
Slide 19: The Recognized Leader in OPV
NANOFLEX” THE RECOGNIZED LEADER IN OPV NanoFlex has rights to the most extensive IP portfolio covering small molecule OPV and its devices have achieved Power Conversion Eff. (%) ‘Source: NREL, University of Michigan best-in-class performance. +6: © Small Molecule es © NanoFlex — Single Junction 4o{
Slide 20: OPV Transforms the Cost Curve for Solar with Roll-to-Roll Processing
NaNoFLeX OPV TRANSFORMS THE COST CURVE FOR SOLAR LOREEN WITH ROLL-TO-ROLL PROCESSING $130 fc) t2) C3) Low materials Roll-to-roll Conversion $1.25 — costs processing efficiency 4.03/W creates improvements $1.00 s breakthrough drive further cost structure cost reduction = $0.75 ~ 4 yy = 3 3 $0.50 8 s0
Slide 21: Market Development Strategy: From High Value to High Volume
MARKET DEVELOPMENT STRATEGY: FROM HIGH VALUE TO HIGH VOLUME Initial focus on high value applications ... Gas starts with aerospace & specialty field applications OPV starts with BIPV glazing applications © atium arsenige @ ov © Galium arsenide & OPV e Aerospace <1 MW, $300-400M Ultra-high performanc
Slide 22: Net Zero Building Regulations Drive Demand for Flexible BIPV Solutions
A) NET ZERO BUILDING REGULATIONS NANOFLEX Torncewoenen —- DRIVE DEMAND FOR FLEXIBLE BIPV SOLUTIONS Global BIPV installations expected to increase from 1.6 GW in 2014 to more than 2.6 GW in 2019. BCC Research Big Bold Goals- Adopted 2007-08 by Energy, Utilities Commissions C All new residential const
Slide 23: NanoFlex Technologies Are Key Enablers to Creating Net Zero Energy Buildings
NaNoFLex. NANOFLEX TECHNOLOGIES ARE KEY ENABLERS ower comonmon TO CREATING NET ZERO ENERGY BUILDINGS Ultra-high efficiency GaAs & high quality aesthetic OPV empower surfaces on buildings where solar is not currently practical, increasing total energy harvesting. 7 ‘Source: BISEM BISEM Net Zero Envel
Slide 24: NanoFlex Holds Key Patents on Materials, Architectures and Processes
NANOFLEX HOLDS KEY PATENTS ON a) NANOFLEX MATERIALS, ARCHITECTURES AND PROCESSES Exclusive rights to an extensive portfolio of issued/pending U.S. patents (plus foreign counterparts) covering all aspects of our breakthrough technologies. et ERIAz $ Materials m Fullerene acceptors Blocking layers New
Slide 25: Commercialization and Monetization Strategy
A COMMERCIALIZATION & MONETIZATION elated STRATEGY Capital efficient business model based on joint development, licensing, & fabless manufacturing with major industry partners. Product Prototypes & Lleenee Fabless havent Development Demos Production Research Labs ————> NanoFlex Engineering ———————>
Slide 26: Activities and Milestones: Next Months
A ACTIVITIES & MILESTONES elated NEXT 12 MONTHS Prioritizing the commercialization of NanoFlex’s GaAs thin film technology in the near-term, with a transition from research to development activities. Y Complete GaAs joint development & sign license agreement with partner ¥ Receive government funding
Slide 27: The NanoFlex Team
NanoFLex» THE NANOFLEX TEAM Management Team Dean L. Ledger Co-Founder, CEO, Director 35 years experience financing & developing technology opportunities; prev Director & EVP at Universal Display Corporation (Nasdaq: OLED) Robert J. Fasnacht Executive Vice President, Private law practice; General Cou
Slide 28: NanoFlex Investment Highlights
NANOFLEX INVESTMENT HIGHLIGHTS Solar power has only scratched the surface of its total opportunity due to limitations of existing technologies in addressing BIPV applications Executing first major joint development agreement (JDA) to commercialize NanoFlex’s revolutionary GaAs technology NanoFlex-en
Slide 29: This changes everything. Really.
NANOFLEX” POWER CORPORATION OTCQB: OPVS This changes everything. Really. Dean L. Ledger Chief Executive Officer (480) 585-4200 dledger@nanoflexpower.com March 2016 CONFIDENTIAL, za