Calix Ltd. · ASX:CXL
Calix — ASX SMIDcaps Conference 2026
16 slides from Calix's conference presentation, Mar 25, 2026
Slide 1: Calix Limited: Solving global challenges in industrial electrification and decarbonisation
Calix Limited Solving global challenges in industrial electrification and decarbonisation Dr Phil Hodgson Managing Director & Chief Executive Officer ASX SMIDcaps Conference 25 March 2026 calix.global MARS IS FOR ASX:CXL QUITTERS
Slide 2: Important Disclaimer
Important Disclaimer This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). only as of the date of this presentation. Subject to any continuing obligations under applicable law, the Company SUMMARY INFORMATION disclaims any obligation or undertaking to provide any upd
Slide 3: Calix's platform technology
Calix’s platform technology A new way to “heat stuff up”… Fine particles Gas Output for processing What makes our technology different? Hot tube radiates Energy Flexibility heat into • Flexible heating enables renewables Externally integration and grid balancing raw heated using material low cost &
Slide 4: Calix Applications & Group Structure
Calix Applications & Group Structure One platform technology with multiple applications for global industries Carbon Dioxide Application Water Treatment Iron & Steel Alumina Lithium Cement & Lime Removal Business / Subsidiary Targeting Market Size ~US$100m6 US$640 Bpa5 US$45.5 Bpa4 US$7 Bpa3 1.4 BTp
Slide 5: MAGNESIA | Application – Water Treatment
MAGNESIA | Application – Water Treatment Production and sales of magnesium hydroxide for water treatment Scope Scope Our targeted benefits Cost-effective caustic soda replacement USA locations Safe & non-toxic, non-hazardous & non- Ripon, Wisconsin corrosive Muscatine & Sioux City, Iowa Alkalinity &
Slide 6: Sustainable Processing | Application – Iron & Steel
SUSTAINABLE PROCESSING | Application – Iron & Steel Licensing of our technology for low emissions iron Partners Our targeted technology benefits Minimum hydrogen use Flexible operations & energy use Compatible with fines & lower-grade ores No pelletisation No fossil fuel requirement Progress No carb
Slide 7: Sustainable Processing | Application – Alumina
SUSTAINABLE PROCESSING | Application – Alumina Licensing of our technology for low emissions alumina Partners Our targeted technology benefits 1 Electric calcination replaces emissions intensive combustion of fossil fuels Renewable energy sources and grid load balancing applications Precise heating
Slide 8: Sustainable Processing | Application – Lithium and Critical Minerals
SUSTAINABLE PROCESSING | Application – Lithium and Critical Minerals Licensing of our technology for low emissions lithium phosphate salts at the mine site Partner PLS & Calix targeted technology benefits Mid-Stream Demonstration Concentrated lithium product at the Plant with PLS mine site Low-carbo
Slide 9: LEILAC | Application – Cement & Lime
LEILAC | Application – Cement & Lime Licensing of our technology for low emissions lime & cement, and CO2 capture Partners1 and Customers Our targeted technology benefits Low-cost capture of CO2 emissions Hybrid electric-fuel technology to enable grid load-balancing, lower energy costs Low-impact re
Slide 10: Summary & Outlook
Summary & Outlook FINANCIAL HIGHLIGHTS 1H FY26 Revenues increased Focused business delivery • Magnesia revenue up 48% • 30% Opex reduction • Gross profit up 37% • Minimal cash Capex COMMERCIALISATION MILESTONES ACHIEVED Magnesia Sustainable Processing Leilac • Up to $10m p.a. contract • $35m JDA wit
Slide 11: About Calix
Electrification of industrial processing SOLVING GLOBAL Capture of unavoidable emissions About Calix CHALLENGES Sustainable environmental solutions Calix Limited is a technology company solving global challenges in industrial electrification and decarbonisation. ~100 29 12% Calix’s patented core pla
Slide 12: Q&A
Q&A Investor Relations investorrelations@calix.global Because there is only one earth Mars is for quitters
Slide 13: Appendices
UPDATE IMAGE? Appendices 13 13 13
Slide 14: Calix Technology proven at pilot and demonstration scale
Calix Technology proven at pilot and demonstration scale Our pilot and demonstration plant builds to date… CFC15000 Leilac-1 BatMn Reactor Thor’s Hammer Lithium Mid-Stream Bacchus March, VIC, AUS Lixhe, Belgium Bacchus Marsh, VIC, AUS Bacchus Marsh, VIC, AUS Demonstration Plant Built – 2013 Built –
Slide 15: Towards Commercial Demonstration
Towards Commercial Demonstration Several projects underway across multiple industries Iron & Steel Lime Cement Zesty Green Iron Project ZETA Leilac-2 Demonstration Plant (Leilac technology) Heidelberg Materials Location – South Australia Ennigerloh, Germany Partnership with Rio Tinto 40ktpa near-zer
Slide 16: Commercialisation milestones achieved 1H FY26
Commercialisation milestones achieved 1H FY26 Magnesia Iron & Steel Alumina Lithium Leilac • Strong revenue and • Partnership • Completed • Pre-FEED • Rio Tinto non- margin growth established with construction of completed for exclusive JDA for over $35m cash & in Norsk Hydro Mid-Stream 30kTpa lime