Nxt Energy Solutions Inc. · TSX:SFD

Nxt Energy Solutions — Investor Presentation (April 2025)

17 slides from Nxt Energy Solutions's investor presentation, April 2025

  1. Slide 1: Faster Discoveries, Lower Costs, Reduced Environmental Impact

    FASTER DISCOVERIES LOWER COSTS REDUCED ENVIRONMENTAL IMPACT April 2025

  2. Slide 2: Disclaimer and Forward-Looking Statements

    Disclaimer and Forward-Looking Statements GENERAL ADVISORY This presentation has been prepared by management of NXT Energy Solutions Inc. (“NXT” or the “Company”) based on publicly available information, internally developed data, and other sources. The information does not claim to be all-inclusive

  3. Slide 3: Current Energy Industry Challenges

    CURRENT ENERGY INDUSTRY CHALLENGES The World’s Energy Demand Is Rising Amid Increasingly Challenging Exploration Conditions RISING COSTS DECLINING SUCCESS ENVIRONMENTAL CONCERNS Exploration costs per barrel of oil Despite higher exploration spending, On-the-ground exploration activities often equiva

  4. Slide 4: Despite Rising Investments, Discovered Volumes Are Falling to New Lows

    “DESPITE RISING INVESTMENTS, DISCOVERED VOLUMES ARE FALLING TO NEW LOWS… ESTIMATES SHOW THAT IN THE FIRST HALF OF 2023, EXPLORERS FOUND 42% LOWER [TOTAL BARREL OF OIL EQUIVALENT] THAN THE FIRST HALF OF 2022.” RYSTAD ENERGY | AUGUST 2023 © 2025 NXT Energy Solution, Inc. 4

  5. Slide 5: Stress Field Detection (SFD)

    OUR SOLUTION: “Our airborne technology is transforming energy exploration, completing in months what could STRESS FIELD take seismic years — at up to 90% less cost DETECTION and with minimal environmental impact.” (SFD®) LOWERING COSTS AND DISCOVERY TIME • Proprietary, airborne geophysical survey te

  6. Slide 6: Up to 90% Survey Cost Reduction, Done in Months, Not Years

    UP TO 90% SURVEY COST REDUCTION DONE IN MONTHS, NOT YEARS Comparison of 10,000 sq km Exploration Block Expenditure vs Seismic $5,000,000 SFD SURVEY VS $5,000,000 SEISMIC SURVEY DATA DATA 2,200-line 250-line Kilometers Kilometers TIME TO COMPLETE TIME TO COMPLETE 2 Months 2.5+ Years Source: www.netl.

  7. Slide 7: Maximizing Exploration Success

    MAXIMIZING EXPLORATION SUCCESS From 2009 to 2024, 35 wildcat SFD® Recommendations have This compares to nominal industry been drilled internationally resulting in 25 new commercial exploration standards of: discoveries and only 7 dry holes 18% Dry Holes 7 Commercial INDUSTRY SUCCESS 71 % Discoveries

  8. Slide 8: Sample SFD Signal Responses

    SAMPLE SFD® SIGNAL RESPONSES Rubiales Field, Colombia Gilby Field, Canada Ladyfern Field, Canada SFD® Anomaly SFD® Anomaly SFD® Anomaly RESERVES RESERVES RESERVES 4,500 MMBBL 325 MMBBL 1,860 BCF 1,830 BCF SFD®: The only tool that identifies trapped fluid at Stage 1 of exploration © 2025 © 2025 NXT N

  9. Slide 9: SFD Plus Seismic: A Winning Combination

    SFD® PLUS SEISMIC A WINNING COMBINATION Legend: = Dry Hole = Commercially Successful Discovery SFD® VOI SFD® (Value-of-information) SEISMIC © 2025 NXT Energy Solution, Inc. 9

  10. Slide 10: Selected Companies Leveraging Our Technology

    SELECTED COMPANIES COLOMBIA - INDEPENDENT INTERNATIONAL - IOC LEVERAGING OUR TECHNOLOGY NIGERIA - NOC PAKISTAN - NOC MEXICO - NOC BOLIVIA - NOC COLOMBIA - NOC CANADA - INDEPENDENT © 2025 NXT Energy Solution, Inc. 10 © 2025 NXT Energy Solution, Inc. 10

  11. Slide 11: Turning Point: New Leadership and Key Milestones

    TURNING POINT: New Leadership and Key Milestones NXT ENERGY RECENT TIMELINE 2023 2024 2025 JAN 2023 JAN 2024 AUG 2024 FEB 2025 MAY 2023 MAY 2024 SEPT 2024 April 2025 SEPT 2023 JUN 2024 DEC 2024 Q3-25 © 2025 NXT Energy Solution, Inc. 11

  12. Slide 12: Growth Strategy: Frequency, Adjacency, and Repeatability

    GROWTH STRATEGY: FREQUENCY, ADJACENCY, AND REPEATABILITY Building Client Base with Regional Successes and Strategic Expansion AFRICA TÜRKIYE ASIA AMERICAS • Strategic alliance with • SFD ® Survey with independent • SFD ® Survey announced in • US$14.4m survey for YPFB in Synergy E&P O&G firm in Q1-20

  13. Slide 13: Research and Development: Geothermal Application of the SFD Technology

    RESEARCH AND DEVELOPMENT: Geothermal Application of the SFD® Technology ADVANCING INTO RENEWABLE ENERGY MARKETS Leveraging SFD® technology for geothermal exploration. SIMILAR SUBSURFACE FEATURES Identifies crucial factors like porosity, permeability, and cap rock. GOVERNMENT SUPPORT Phase-1 of the N

  14. Slide 14: Experienced Management Team

    EXPERIENCED MANAGEMENT TEAM Combined Decades of Experience in Energy and Public Markets BRUCE G. WILCOX EUGENE WOYCHYSHYN RASHID TIPPU Chief Executive Officer VP Finance and CFO Director of Geoscience, Previously CEO Cumberland Previously Imaging Dynamics, Asia, Africa, MEA Associates, LLC New York

  15. Slide 15: Key Trading Facts

    Trading Symbols TSX:SFD/OTCQB:NSFDF Corporate Headquarters Calgary - Alberta, Canada Stock Price (March 31, 2025) C$0.23 / US$0.165 Outstanding Shares (March 31, 2025) 79.5M Fully Diluted Shares (March 31, 2025) 118M Market Cap (March 31, 2025) C$18.3M / US$13.1M KEY TRADING FACTS Insider Ownership

  16. Slide 16: Summary

    SUMMARY • FAST, CLEAN, CHEAP & ACCURATE • FREQUENCY, ADJACENCY, REPEATABILITY: FASTER NEW BUSINESS DEVELOPMENT PROCESS DISCOVERIES • MULTIPLE SURVEY CONTRACTS ACROSS MULTIPLE CONTINENTS EXPECTED TO BE COMPLETED IN 2025 LOWER • BEST BACKLOG IN A DECADE COSTS REDUCED ENVIRONMENTAL April 2025 IMPACT ©

  17. Slide 17: Investor Relations Contact

    INVESTOR RELATIONS CONTACT: MICHAEL BAKER (403) 264-7020 WWW.NXTENERGY.COM mbaker@nxtenergy.com © 2025 NXT Energy Solution, Inc. 17

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