Quadrise Plc · LSE:QED
Quadrise — Shareholder Meeting (November 2023)
24 slides from Quadrise's shareholder meeting presentation, Nov 27, 2023
Slide 1: Annual General Meeting
ENERGY DECARBONISATION Annual General Meeting 27th November 2023
Slide 2: Disclaimer
Disclaimer This document ("Presentation") has been prepared by Quadrise plc (the "Company"). It has not been verified and is for information purposes only. Where used in this document, Presentation shall mean and include the slides that follow, the oral presentation of the slides by the Company's of
Slide 3: Welcome & Opening Statement
Welcome & Opening Statement 3
Slide 4: Proven technology solutions and promising pipeline; preparing resources for scale-up
With proven technology solutions for today and a promising pipeline for the future, Quadrise is now preparing resources for scale-up bioMSAR™ proven for the first time in an Planned commercial Opportunity for a industrial scale trial with MSC, as viable net-zero fuel application at high blueprint fo
Slide 5: Introduction
Introduction 5
Slide 6: Cleaner, Cheaper, Simpler, Safer Energy Decarbonisation
ENERGY DECARBONISATION A GLOBAL IMPERATIVE OUR STRATEGIC FOCUS • Global phase-out of fuel oil for Energy CLEANER, • marine, power & industrials. A $236 billion market (2022)*. Solutions CHEAPER, • Cleaner, more efficient, lower carbon options are needed. SIMPLER, • Legislation, led by EU is impactin
Slide 7: Quadrise's products offer viable decarbonisation pathways as drop-in solutions
Quadrise’s products offer viable decarbonisation pathways as ‘drop-in’ solutions into existing infrastructure 30% Water 10% Water 10% Water 30% Distillates (incl. < 1% additives) (incl. < 1% additives) (incl. < 1% additives) HEAVY FUEL OIL 40-50% 40-50% 70% Residuals 70% Residuals 90% Biofuel Residu
Slide 8: Multiple global sectors can benefit from Quadrise's technology & fuels
Multiple global sectors can benefit from leveraging Quadrise’s technology & fuels Production of MSAR® or bioMSAR™ Consumption of Quadrise’s using Quadrise’s technology MSAR® or bioMSAR™ products Lower carbon fuel production Marine fuels from heavy oils Renewable fuels from multiple Heavy industry so
Slide 9: Decarbonisation challenge and rising carbon prices create a favourable environment
The global challenge of decarbonisation and the rising prices of carbon create a favourable environment for solutions such as ours Europe’s carbon price topped €100 this year; In any scenario, the world needs to decarbonise other regions will follow and renewables will displace fossil fuels Renewabl
Slide 10: Business Update: Projects & Resources
Business Update: Projects & Resources 10
Slide 11: Multiple projects progressing towards commercial agreements
Multiple projects are progressing towards commercial agreements, presenting tangible opportunities for partnering to drive scale and speed Marine Major Trading Company Heavy industry Utilities 11
Slide 12: Morocco refueling opportunity (2-5 kbpd total)
Segment: Industrial HSFO, Biofuel Morocco refueling opportunity (2-5 kbpd total) 2022 2023 2024 2025 June ‘22: Signed Material Transfer Complete & Cooperation other site trials Agreement as needed ** Safety reviews, fuel production Conclude commercial and equipment delivery supply T&Cs for ’Site B’
Slide 13: Marine multi-product opportunity (0.5 kbpd/ship)
Segment: Marine HSFO, VLSFO, Biofuel multi-product opportunity (0.5 kbpd/ship) 2022 2023 2024 2025 July ‘22: Signed agreement Expected trial for 4000 operating hours (6-8 months)** bioMSAR™ fuel tested by Wärtsilä Review Blend-on- and confirmed to have similar Board Opportunities. injection and comb
Slide 14: Upstream heavy sweet oil (multi-site 3-10 kbpd ea.)
Segment: Upstream (to Marine) VLSFO, Biofuel heavy sweet oil (multi-site 3-10 kbpd ea.) 2022 2023 2024 2025 April ‘22: Signed agreement Technical and Deliver QED commercial discussions. equipment to site ($0.5m), Valkor initiate project initiate client trials & finance initiatives supply agreements*
Slide 15: Other early-stage opportunities
Segment: Power, Refining, HSFO, Biofuel Other early-stage opportunities Central American powerplants & Signed LOI with Central American refineries Technical exchanges power provider for MSAR® & Commercial Test and preparation of bioMSAR™ commercial tests Agreement signed. Letters of Intent (LOI) Equ
Slide 16: Biofuels product development
Segment: Biofuels product development, targeting Test blending with bioMSAR™ has been Blending tests at QRF with Straight Vegetable successfully produced Methyl Esters have been Oil planned Q1’24. using Tyre Pyrolysis Oils. successful. Tests completed at Aquafuel using FAME B30 in bioMSAR™. More tes
Slide 17: Our purpose, values & mission shape our ESG-aligned strategy
Our purpose, values & mission shape our ESG-aligned strategy OUR VALUES OUR STRATEGIC OUR POSITIVE PRIORITIES IMPACT Drive | Expertise | Integrity Disciplined project & Cleaner, cheaper OUR PURPOSE commercial delivery energy OUR MISSION Delivering innovative energy solutions for a To be the leading
Slide 18: Resources
Resources Strategic Ongoing initiatives are underway to secure strategic partners to support and accelerate the growth of future marine and US low carbon fuels businesses, respectively. Financial Team ▪ Cash of £1.34 million at 30 June 2023. ▪ The Quadrise team of nine staff includes Fundraise of £1
Slide 19: Summary
Summary ENERGY DECARBONISATION BUSINESS UPDATE PLANNING FOR GROWTH • External environment is • Portfolio of projects in major • Delivering trials to reach conducive to our business. energy sectors. commercial agreements. • Well-positioned to serve • Strong collaboration with • Progressing net zero b
Slide 20: Business address
Business address: Foresight House,1 0/10A Arthur Street London EC4R 9AY +44 20 7031 7321 General Enquiries: info@quadrise.com Investor Relations: ir@quadrise.com Quadrise plc is registered in England & Wales Company registration number: 5267512 Quadrise International Ltd is registered in England & W
Slide 21: Questions & Answers
Questions & Answers 21
Slide 22: Appendices
Appendices 22
Slide 23: Financial results, year ended June 2019 – 2023
APPENDICES Financial results, year ended 30 June 2019 – 2023 2023 2022 2021 2020 2019 (£m) (£m) (£m) (£m) (£m) INCOME STATEMENT Revenue - 0.08 0.01 - 0.02 Operating loss (3.26) (2.76) (4.45) (4.85) (3.16) Net loss after tax (3.09) (2.60) (4.26) (4.84) (2.98) EPS – Basic (p) (0.22) (0.18) (0.36) (0.4
Slide 24: Board & Senior Management
Board & Senior Management Andy Morrison, NED Chair Vicky Boiten-Lee, NED Laurie Mutch, NED Experience: 17 years Royal Dutch Experience: 20 years Royal Dutch/Shell Experience: 25 years Royal Dutch/Shell Shell (oil products, lubricants, (EU, Eastern/AP, USA, Lubricants & (Gas & Power, Coal & Chemicals