First Hydrogen Corp · TSXV:FHYD
First Hydrogen — Investor Presentation (May 2023)
29 slides from First Hydrogen's investor presentation, May 2023
Slide 1: Driving the Future Forward with Green Hydrogen
DRIVING THE FUTURE FORWARD WITH GREEN HYDROGEN Q2 2023
Slide 2: Forward Thinking Statement
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF FORWARD THINKING STATEMENT This presentation contains “forward-looking information” within the meaning of First Hydrogen Corp’s short operating history; the possibility that First Hydrogen applicable securities laws in Canada, including statemen
Slide 3: Business Model
www.firsthydrogen.com TSXV: www.firsthydrogen.com TSXV:FHYD FHYD | |FSE:FIT FSE:FIT | |OTC: OTC:FHYDF FHYDF BUSINESS MODEL 3
Slide 4: "Zero" Introduction Required
www.firsthydrogen.com www.firsthydrogen.com TSXV: TSXV:FHYD FHYD| FSE:FIT | FSE:FIT| OTC: | OTC:FHYDF FHYDF “ZERO” Toronto Stock Exchange (TSXV:FHYD) Frankfurt Stock Exchange (FSE:FIT) INTRODUCTION US Over-The-Counter (OTC: FHYDF) REQUIRED First Hydrogen is harnessing best-of-breed partners, staff, de
Slide 5: Zero Emissions. Total Solution.
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF ZERO EMISSIONS. TOTAL SOLUTION. First Hydrogen is removing adoption barriers for zero emission fleets with its fully integrated, green hydrogen centric solution. We are creating scalable and replicable eco-systems for rapid expansion in attractiv
Slide 6: First Hydrogen Business Model
www.firsthydrogen.com www.firsthydrogen.com TSXV: TSXV:FHYD FHYD| |FSE:FIT FSE:FIT| |OTC: OTC:FHYDF FHYDF FIRST HYDROGEN BUSINESS MODEL REVENUE PRODUCT DELIVERY ● Vehicle sales via capital sale or ● First Hydrogen is the customer leased interface ● HaaS revenue streams from ● Designed and delivered by
Slide 7: Product Roadmap
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF FIRST HYDROGEN PRODUCT TIME PLAN MARKET FH IP FLEET ROADMAP FRAME 2022+ Development of zero EU, UK, GROWTH ✔ CUSTOMER DEV. ✔ emission FCEV North America 2023+ Green hydrogen EU, UK, ✔ production site North America, development Canada (Quebec) 20
Slide 8: Progress and Plans - Roadmap
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF PROGRESS AND PLANS-ROADMAP FIRST HYDROGEN ROADMAP 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 Demonstrators First Gen Next Gen Large Series Automotive Vehicle trials/initial fleets Next Gen Large Series Mobility Service Provider* H2 pr
Slide 9: Value Chain Plans
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF VALUE CHAIN PLANS First Hydrogen‘s value chain provides vehicles and depot, green hydrogen and refueling infrastructure concurrently: Delivering vehicles and green hydrogen to keep our customers moving GREEN POWER GRID TRANSPORT & VEHICLES & ECO
Slide 10: Partnership Strategy
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF PARTNERSHIP STRATEGY FUEL CELL ENERGY ENGINEERING First Hydrogen is working with strategic partners for revenue generation and product delivery. Revenue Generation Strategic pipeline development through creation of a business DEVELOPMENT, SIMULA
Slide 11: Market Opportunity
www.firsthydrogen.com TSXV: www.firsthydrogen.com FHYDFHYD TSXV: | FSE:FIT | OTC: | FSE:FIT FHYDF | OTC: FHYDF MARKET OPPORTUNITY 1 1
Slide 12: The Convergence Driven Hydrogen Megatrend
www.firsthydrogen.com www.firsthydrogen.com TSXV: TSXV: FHYD FHYD || FSE:FIT FSE:FIT || OTC: OTC: FHYDF FHYDF THE CONVERGENCE DRIVEN HYDROGEN ENERGY MEGATREND INDEPENDENCE H2 ● Governments and industry are both ENABLING POLLUTION supporting rapid green hydrogen TECHNOLOGIES REDUCTION development ● Som
Slide 13: Hydrogen Has Global Support
www.firsthydrogen.com TSXV: www.firsthydrogen.com TSXV: FHYD| FSE:FIT FHYD | FSE:FIT| OTC: | OTC: FHYDF FHYDF HYDROGEN HAS 1 The G7 is Committed to Hydrogen GLOBAL SUPPORT ● ● USA: Inflation Reduction Act EU: Green Deal ● UK: UK Hydrogen Strategy ● Canada: National Hydrogen Strategy ● Japan’s METI: Com
Slide 14: First Hydrogen Mobility Offering
www.firsthydrogen.com TSXV: www.firsthydrogen.com TSXV: FHYD| FSE:FIT FHYD | FSE:FIT| OTC: | OTC: FHYDF FHYDF FIRST HYDROGEN MOBILITY OFFERING 1 4
Slide 15: Demonstrator Program
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF DEMONSTRATOR PROGRAM Provides FCEV Proof of Concept for light duty vehicles Successful testing since November 2022 Range: 500 km Net Fuel Cell Power: 55kW Electric Drive Unit: 100kW Hydrogen Capacity: 100kg Road Legal (UK): October 2022 MIRA Tes
Slide 16: First Hydrogen FCEV Vans in 2023
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF FIRST HYDROGEN FCEV VANS IN 2023 Commitment from 16 of the largest fleet operators in the UK (Aggregated Hydrogen Freight Consortium) Trials on public roads under real-world conditions 2023 Schedule ● Month-long vehicle trials with AHFC van opera
Slide 17: Zero Emission Long-Range Light Commercial Vehicle Platform
www.firsthydrogen.com TSXV: www.firsthydrogen.com TSXV: FHYD| FSE:FIT FHYD | FSE:FIT| OTC: | OTC: FHYDF FHYDF 17 ZERO EMISSION LONG-RANGE LIGHT First Hydrogen’s next-generation vehicle is fully leveraging the COMMERCIAL VEHICLE PLATFORM potential of hydrogen and fuel cell technology with modular EV ca
Slide 18: Mobility – Next Generation Platform
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF MOBILITY – NEXT GENERATION PLATFORM 1 8
Slide 19: Mobility – Interior Design Concept
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF MOBILITY – INTERIOR DESIGN CONCEPT 1 9
Slide 20: Mobility – Camper Van Concept
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF MOBILITY – CAMPER VAN CONCEPT 20
Slide 21: Powerful Fleet Customer Value
www.firsthydrogen.com www.firsthydrogen.com TSXV: TSXV: FHYD FHYD || FSE:FIT FSE:FIT || OTC: OTC: FHYDF FHYDF The majority of leading fleet operators have ambitious plans to decarbonize as first POWERFUL FLEET movers. With TCO as a key partner metric, First Hydrogen are creating compelling value for pro
Slide 22: First Hydrogen Green Hydrogen
www.firsthydrogen.com TSXV: www.firsthydrogen.com TSXV: FHYD| FSE:FIT FHYD | FSE:FIT| OTC: | OTC: FHYDF FHYDF FIRST HYDROGEN GREEN HYDROGEN 2 2
Slide 23: Green Hydrogen Plans
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF GREEN HYDROGEN PLANS ● Aggregate demand from fleet activities ● Sourced or self-generated green hydrogen based on regional economics and/or local market maturity ● Project development focused on renewable rich regions with attractive cost structu
Slide 24: Quebec: La Belle Province
www.firsthydrogen.com www.firsthydrogen.com TSXV: TSXV:FHYD FHYD| FSE:FIT | FSE:FIT| OTC: FHYDF | OTC: FHYDF QUEBEC: La Belle Province Strong vision and strategy for energy 2030 Quebec Green Hydrogen and transition – with plans for a green economy Bio-Energy Strategy ● Partnership with Université du Q
Slide 25: Hydrogen-as-a-Service
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF HYDROGEN-AS-A-SERVICE Our direct to consumer solutions enable complete lifecycle mobility monetization: ● Green hydrogen supply and delivery ● Highly profitable - Total Cost of Ownership (TCO) value proposition results in greater customer loyalty
Slide 26: First Hydrogen Power Train
www.firsthydrogen.com www.firsthydrogen.com TSXV: TSXV:FHYD FHYD| FSE:FIT | FSE:FIT| OTC: FHYDF | OTC: FHYDF FIRST HYDROGEN POWER TRAIN 2 6
Slide 27: Powertrain Plan
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF TARGET APPLICATIONS POWERTRAIN PLAN 1 2 ● First Hydrogen is aiming for technology leadership and near-term market adoption Recreational boat market ~$2.5 Billion ● Establish Powertrain Centre of Excellence +$16 Billion fuel cell market by 2030 l
Slide 28: Powertrain Plan
www.firsthydrogen.com TSXV: FHYD | FSE:FIT | OTC: FHYDF POWERTRAIN PLAN Leverage our fuel cell FUEL CELL SYSTEM powertrains to service adjacent markets, for short term revenue and tech proof points $ Strong cost synergies derived from cumulative + - powertrain and van production volumes Channels to m
Slide 29: Contact
CONTACT RAJ MANN, GROUP CEO PHONE +1 604 601 2018 EMAIL balraj.mann@firsthydrogen.com WEB firsthydrogen.com 29