Novonix Ltd · ASX:NVX
Novonix — Shareholder Meeting (November 2021)
22 slides from Novonix's shareholder meeting presentation, Nov 30, 2021
Slide 1: AGM Presentation
NOVONIX LIMITED rsonal use only (ACN 157 690 830) 10 µm Graphite SC-622 Graphite SC 622 AGM Presentation 30 November 2021
Slide 2: Important Notice and Disclaimers
Important Notice and Disclaimers The information contained in this presentation (the “Presentation”) has been prepared by NOVONIX Limited (ACN 157 690 830) (“the Company” or “NOVONIX”) solely for information purposes and the Company is solely responsible for the contents of this Presentation. It is
Slide 3: Contents and Financial Summary
Contents Contents Financial Summary • Company Overview and FY2021 Highlights STOCK INFORMATION @ 26 November 2021 rsonal use only ASX Code NVX • Summary of Recent Notable Announcements ASX Share Price A$10.68 52 Week Low – High A$1.01 – A$11.35 • Phillips 66’s Strategic Investment Shares on issue 48
Slide 4: Who We Are
Who We Are NOVONIX provides battery development and material technology. We develop and supply what we believe to be the most accurate battery testing technology in the world. To our knowledge, we are the only qualified US-based supplier of battery-grade synthetic graphite anode material. rsonal use
Slide 5: Our Leadership and Board of Directors
Our Leadership and Board of Directors Leadership Team Scientific & Technical Advisors rsonal use only Dr. Chris Burns Nick A. Liveris Rashda Buttar Suzanne Yeates Dr. Jeff Dahn Dr. Mark Obrovac Chief Executive Officer Chief Financial Officer SVP & General Counsel Financial Controller & Co Secretary
Slide 6: We Play a Critical Role in the Lithium-Ion Battery Value Chain
We Play a Critical Role in the Lithium-Ion Battery Value Chain Battery Technology Solutions rsonal use only Primary Focus Specialty Battery Battery Cell and Pack Battery Raw Battery Material Materials Refining Materials Production EV & ESS OEMs Anode Materials Energy Storage Partnership Cathode Mate
Slide 7: NOVONIX Provides Battery Development and Material Technology
NOVONIX Provides Battery Development and Material Technology Battery Technology Solutions rsonal use only Testing Design Prototyping Technology accelerates R&D from years to weeks Developing New Applications and Partnerships Anode Materials Cathode Materials Energy storage partnership Conditional Sa
Slide 8: NOVONIX Notable Milestones
NOVONIX Notable Milestones rsonal use only 22 Dec 2020: Expanded 09 Aug 2021: Phillips 66 collaboration with Samsung 19 Jan 2021: Leading 12 Feb 2021: NOVONIX 26 Feb 2021: Completion of 09 May 2021: Filed draft announced US$150m to utilize the next researcher, Dr. Jeff Dahn entered into a new five y
Slide 9: Phillips 66 Announces Strategic Investment in NOVONIX
Phillips 66 Announces Strategic Investment in NOVONIX Phillips 66 Announcement Deal Highlights • Phillips 66 is a diversified energy • Phillips 66 subscribed for 77,962,578 manufacturing and logistics company. ordinary shares of NOVONIX for a total purchase price of US$150 million rsonal use only •
Slide 10: NOVONIX Enables the Only Fully Domestic US Supply Chain of EV Battery Anode Material
NOVONIX Enables the Only Fully Domestic US Supply Chain of EV Battery Anode Material (BAM) Chinese Synthetic Graphite Supply Chain NOVONIX Supply Chain 1. Needle coke ships to Qingdao from Humber, UK (12,500 miles) rsonal use only 2. Road transport of precursor to grinding site near Shanghai (450 mi
Slide 11: Battery Manufacturers and Auto OEMs Have Announced New Gigafactories
Battery Manufactures and Auto OEMs have Announced New Gigafactories to Support NA EV Growth Gigafactories Announced before 2021 Gigafactories Announced since 2021 Battery Battery Manufacturer Auto OEM Investment 2025E Capacity Status State Manufacturer Auto OEM Investment 2025E Capacity Status State
Slide 12: NOVONIX is Critical to Advancing the North American Electrification Story
NOVONIX is Critical to Advancing the North American Electrification Story and Supply Chain Implied North America Graphite Anode Demand (Kt) CAGR:6% 871 rsonal use only CAGR: 74% 640 70 2021 2025 2030 Implied North America Cathode Material Demand1 (Kt) CAGR:6% 1,302 957 CAGR: 74% 104 2021 2025 2030 S
Slide 13: FY2021: NOVONIX Anode Materials Activities
FY2021: NOVONIX Anode Materials Activities Q1 Q2 Q3 Q4 to Current • Produced material using • Initiated transition plan from • Completed installation and • Acquired 400,000+ sq ft new Generation 1 furnace systems Generation 1 furnace began production of material manufacturing site, Riverside, rsonal
Slide 14: NOVONIX Anode Material Outperforms in Head-to-Head Testing
NOVONIX Anode Material Outperforms in Head-to-Head Testing 1.0000 • NOVONIX offers improved Coulombic Efficiency (CE) rsonal use only 0.9995 compared to industry leading materials (including a 0.9990 Tesla Tesla Model S cell used as a reference benchmark) Improved Synthetic Coulombic 0.9985 Natural
Slide 15: Phased Growth Plan For NOVONIX Anode Materials
Phased Growth Plan For NOVONIX Anode Materials Phase 3 (Large Scale) 150K Tonne / Yr(1) rsonal use only Volume / tonnage phased growth Phase 2 (Medium Scale) 40K Tonne / Yr (1) Phase 1 (Current Ramp-up) 10K Tonne / Yr(1) 2023 2025 2030 2023 2025 2030 Anode Materials Anode Materials Anode Materials N
Slide 16: Secretary of Energy Celebrates NOVONIX's New Riverside Facility
Secretary of Energy Jennifer M. Granholm Celebrates NOVONIX’s New Riverside Facility Key Observations • Purchased on July 28th, 2021, this 400,000+ square-foot plant will allow for 10,000 tonnes per year of synthetic graphite anode material production by 2023 rsonal use only • On November 22nd, 2021
Slide 17: FY2021: NOVONIX BTS Activities
FY2021: NOVONIX BTS Activities Q1 Q2 Q3 Q4 to Current • Continued work with Dr. Mark • Expanded staff and initiated • Continued strong revenue • Grew revenue by ~24% Obrovac’s group at Dalhousie build out of addition to growth and expansion of compared to FY20 rsonal use only and internal team on ne
Slide 18: FY2021: NOVONIX Cathode Activities
FY2021: NOVONIX Cathode Activities Q1 Q2 Q3 Q4 to Current • Began planning for • Pilot line 90% commissioned • Initial Phase 1 pilot line • Began renovations at new investment and team growth with final piece of equipment operational for material facility to allow for pilot line rsonal use only base
Slide 19: Early Cathode Synthesis Technology Results
Early Cathode Synthesis Technology Results Demonstrate Results Better or Comparable with Long Life Commercial Single Crystal Cathode (SCC) Normalized Electrochemical Results (Coin Cell) Key Observations 106 104 Commercial SCC • Normalized electrochemical results in coin cell tests show NOVONIX outpe
Slide 20: NOVONIX's Complete Battery Cell Technology is Leading the Way
NOVONIX’s Complete Battery Cell Technology is Leading the Way for Next Generation EV Batteries Demonstrated and Projected Performance Predicted to Exceed 1 Million Miles(1) • SC NCM622 shown here is the same Commercial SCC reference material shown in previous slide • Next step to build full cells fo
Slide 21: Our Goals for the Future of NOVONIX
Our Goals for the Future of NOVONIX NOVONIX Anode Materials production Develop NOVONIX Cathode Materials into an capacity scaled to meet the growing industry leader in cathode technology rsonal use only demands of our customers supported by our propriety DPMG process Technology leader throughout the
Slide 22: Contact Information
Contact Information NOVONIX Anode Materials NOVONIX BTS 353 Corporate Place, Chattanooga, TN, 37419, USA 177 Bluewater Road, Bedford, NS B4B 1H1, Canada rsonal use only 1029 West 19th Street, Chattanooga, TN, 37408, USA 110 Simmonds Drive, Dartmouth, NS B3B 1N9, Canada Send all investor queries to: