Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Macquarie ESG Conference 2023
26 slides from Alpha Hpa's conference presentation, Jul 21, 2023
Slide 1: Alpha HPA: HPA First Project
Alpha HPA HPA FIRST PROJECT ULTRA PURE — SUSTAINABLE ALUMINIUM MATERIALS ASX: A4N
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT The Definitive Feasibility Study (DFS) referred to in this presentation has been undertaken to assess the technical and financial viability of the HPA First project. The DFS is based on the material assumptions about the availability of funding and the pricing received for HPA.
Slide 3: Technology/industrial chemical company commercialising in 2 stages
We are a technology/industrial chemical company We make ultra-high purity aluminium products with a For personal use only worlds first process which are: CRITICAL RAW MATERIALS FOR DE-CARBONISATION Our proprietary process delivers us the competitive edge HIGH PURITY/LOW CAPEX/LOW OPEX/LOW CARBON w
Slide 4: HPA demand and emerging supply gap
LEDs (sapphire glass) appear to be the most price-inelastic consumer, making up the primary source of demand in CRU’s ‘base case’ market balance, followed by Li-B CCS for its use in producing exceptionally high performing battery materials. LED demand is forecast to grow at a 14% CAGR between 2018 a
Slide 5: 4N+ HPA production by jurisdiction
H PA ™ Highlight concentrated HPA supply in China (dominant) and Russia (lesser) "Existing ex-China producers limited by high cost, high CO2 production M A R K E T process (alkoxide process which used aluminium metal feedstock) 4N+ HPA PRODUCTION AIGH PURITY ALUMINA BY JURISDICTION (2019 DATA) *89.9
Slide 6: LED lighting: the technology driver of de-carbonisation
LED-LIGHTING The current technology driver of de-carbonisation A COMPLETE SWITCH TO IN 2017, THE USE OF LEDS TO LED LIGHTING ILLUMINATE BUILDINGS AND WORLD WIDE, OUTDOOR SPACES REDUCED 570 MILLION WOULD PREVENT _— CO, EMISSISONS BY NEARLY TONNES 1,400,000,000 TONNES OF CO, EMISSIONS @ HPA for LED sa
Slide 7: In smart devices
For personal use only IN SMART DEVICES
Slide 8: Chemical mechanical polishing in semiconductor wafer preparation
For personal use only re- CHEMICAL MECHANICAL POLISHING (CMP) IS A KEY STEP IN SEMI- CONDCUTOR WAFER PREPARATION $4.9B $3.8B $2.8B $2.1B $1.5B $1B 2022 2023 2024 2025 2026 2027 Source: Wolfspeed *Source: Semiconductor Industry Association (SIA)
Slide 9: Our products
For personal use only OUR PRODUCTS
Slide 10: HPA First Project, Gladstone, QLD
HPA FIRST PROJECT GLADSTONE, QLD HAN Mi
Slide 11: HPA First Project site
Na c—. © atte wet * Alpha ownership of 10ha project site > *) Stage 1 - INPRODUCTIONS=™™ * Adjacent to Orica Australia to allow for Project Interface = ~ = HPA First Project Site ... 2 Gladstone State Development Area ee “a Central Queensland HPA FIRST PROJECT: Alpha HPA
Slide 12: Stage 1: In production
STAGE 1: IN PRODUCTION
Slide 13: Stage 1: In production
STAGE 1: IN PRODUCTION
Slide 14: Stage 1
aa. = STAGE 1: | Alpha HPA
Slide 15: Stage 1: Proudly diverse
* Acommitted team of 43 people in Gladstone (46% female) STAGE 1: PROUDLY DIVERSE
Slide 16: Sustainability rating: EcoVadis 91st percentile
ALPHA HPA LTD (GROUP) ES }, SILVER h : 20 | i ( Publication date: 18 Jul 2023 ecovd | eevee’ / Rating OVERALL SCORE ENVIRONMENT LABOR & HUMAN ETHICS SUSTAINABLE a RIGHTS PROCUREMENT 68 f ( 70 f70 bn * EcoVadis is an independent sustainability ratings agency — and a pre-condition for supplier onboard
Slide 17: Pathway to zero emissions via H2 drying and calcination
For personal use only PATHWAY TO ZERO EMISSIONS VIA FUTURE ADOPTION OF H2 DRYING AND CALCINATION
Slide 18: Project layout: Stage 1 and Stage 2
PROJECT LAYOUT: STAGE 1: +350tpa —- ALL PRODUCTS A$15.5M Critical Minerals Grant Under Deployment STAGE 2: +10,000tpa —- ALL PRODUCTS AS45M MML-C Grant (Aust Govt) $21.7M IPP Grant (QLD Govt)
Slide 19: Orica strategic investment
ORICA STRATEGIC INVESTMENT: ASX 100 Company Orica Ltd (ASX: ORI Orica and Alpha have worked together The investment builds upon binding ar products at the HPA First Project, Glad: Significant external endorsement of th MoU signed to assess high purity alum cells @LGChem 20M1 Lansing 2028 az Alberta,
Slide 20: Process advantages: low risk, simplicity, purity, flexibility
For personal use only • Low operational risks: Front-end atmospheric temperatures and pressures • Simplicity: Ability to recycle reagents as by-products for sale • Purity: 99.9985% HPA purity and +5N purity for Al- precursors • Flexibility: High Purity aluminium stream can be diverted into a full ra
Slide 21: Alpha Sapphire
ALPHA SAPPHIRE: March 2023: Agreements with Ebner-Fametec for staged entry into sapphire glass production June 2023: Expanded agreements for up to 1,000 growth units Unique supply/demand dynamics, favourable to new market entry estimated 10x net revenue uplift per alumina unit. Alpha SAPPHIRE Alpha
Slide 22: Alpha Sapphire: technology, supply and demand
ALPHA SAPPHIRE: 5 y é iy — . * Technology Disruption: Access to new Ebner-Fametec Technology * Supply Crunch: End-user desire to de-link from Russia-China production * Demand Pull: Major new demand from micro-LED adoption Alpha SAPPHIRE Alpha HPA
Slide 23: Micro LEDs: the LED market multiplier
Micro LEDs: THE LED MARKET MULTIPLIER * Market analysts have forecast the adoption of micro-LEDs since 2015 * The recent confirmation that Apple is now making the move is considered highly significant, with the potential to double existing LED market >. https://appleinsider.com/articles/23/01/15/app
Slide 24: Our customers and partners
OUR CUSTOMERS AND PARTNERS: * Existing customers, marketing agents and key business partnerships EBNER > oe = FAMETEC = off PB, BRENNTAG wo SAINT-GOBAIN {or i?) < A = Litee-LLL | RHINELAND SPECIALTIES Cc 3 C4V ®TECHNOLOGICA ro) Charging Ahead! = PAQGRTUK ality fo) | % . or ~ FILMTPRONICS sie OMING R
Slide 25: Corporate snapshot
25 CORPORATE SNAPSHOT TRADING INFORMATION ASX CODE A4N Share Price (20/07/2023) ~$1.14c 52-week trading range 37.5¢ —1.20c CAPITAL STRUCTURE Issued Shares 857.8M Unlisted options (@35c)* 5.0M (expire 30 Sept 2023) Unlisted options (@35c) 24.8M (expire 31 July 2023) Unlisted options (@90c) 9.1M (expi
Slide 26: Contacts
Rimas Kai Managing rkairaitis@alphahpa.com.au +61 408 414 474 Robert Williamson Director and COO rwilliamson@alphahpa.com.au +61 407 125 176 Rob Lord Investor Relations rlord@alphahpa.com.au +61 400 008 553 Cameron Peacock Business Development cpeacock@alphahpa.com.au +61 439 908 732 alphahpa.com.au