5e Advanced Materials, Inc. · NASDAQ:FEAM
5e Advanced Materials — Investor Presentation (September 2022)
24 slides from 5e Advanced Materials's investor presentation, September 2022
Slide 1: Corporate Presentation: Boron and Lithium
Corporate Presentation Boron and Lithium Enabling Three Global Mega-trends 5 3 B Li Boron Lithium 10.811 6.941 September 2022
Slide 2: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENTS The information in this Presentation includes “forward looking statements”. All statements other than statements of historical fact included in this Presentation regarding our business strategy, plans, goals and objectives are forward looking statements. When us
Slide 3: Why 5E Advanced Materials?
Why 5E Advanced Materials? Boron and 5E sit at the convergence of three global mega-trends Unique boron opportunity – scarce and valuable Food Security Favorable supply / demand dynamics Vertically integrated business model focused on high value advanced materials Optionality with co-product lithium
Slide 4: Table of Contents
Table of Contents Corporate overview / Boron, 5E and converging global mega-trends / Unique boron opportunity / Favorable supply / demand dynamics / Business model designed to drive enhanced shareholder value / Substantial optionality / Many catalysts / Well balanced management team with right skill
Slide 5: Corporate Overview
Corporate Overview Assets As of August 26, 2022 327M Tons3 8.22% Boric Acid Content Ticker FEAM 5EA 0.17% Lithium Carbonate Content Integrated Boron Processing Facility Share Price $15.83/share A$2.29/share (initial phase under construction) Advanced Materials Business Targeting Common Shares / CDIs
Slide 6: Boron and 5E at the Center of Three Global Mega-Trends
Boron and 5E at the Center of Three Global Mega-Trends The element and 5E straddle three global mega-trends Food Security Boron is a micronutrient used to increase crop yields1 Boron based fertilizers are currently widely used commercially2 Energy Generation ⇢ Wind ⇢ Solar ⇢ Nuclear Energy E
Slide 7: Decarbonization
Decarbonization Boron is an enabler of many decarbonization technologies1 Electric Vehicles Clean Energy and Efficiency MAGNETS FOR BLADES MOTOR POLYMER Blade is comprised CAPACITORS High powered ADDITIVES of fiberglass Improved formulations for permanent magnets Fire retardant synergist and manufac
Slide 8: Food Security
Food Security Boron is helping to keep the world fed as an essential micronutrient required by crops Crop yield is becoming an important food security issue as the availability of arable land has decreased by 15% over the last 30 years2 Boron is the second-most consumed micro-nutrient in North Ameri
Slide 9: Secure Critical Supply Chains
Secure Critical Supply Chains 5E is aiming to reduce reliance on Turkish resources and Chinese processing Aerospace Ceramics Semiconductors Advanced Military Permanent Magnet Applications Motors New US Climate Bill Seeks to Bolster Executive order: Building Resilient Domestic Critical Minerals Suppl
Slide 10: Future Facing Technology and Markets
Future Facing Technology and Markets High value-in-use as an enabler of new technologies and markets Cancer Treatment1 Nano Technology2 Advanced Materials3 Novel Technology Boron Neutron Capture Therapy Boron Nitride Nanotubes (BNNT) Boron is one of the most 5E Advanced Materials is (BNCT) is a type
Slide 11: Unique Boron Opportunity
Unique Boron Opportunity Initial production on schedule for 2023 Duopoly Supply Market - 65% Turkish Government / 20% Rio Tinto Rio Tinto reserves expire in 2042 after +100 years of operation1 Only six new visible projects globally - Only 5E substantially permitted 5E targeting 500kstpa2 of
Slide 12: Favorable Supply / Demand Dynamics
Favorable Supply / Demand Dynamics Substantial demand growth with limited new supply options Boron Demand Growth1 Supply / Demand Imbalance1 16.0 70.0 . 10.0 . x10 Expected Widening of 14.0 . Growth Boron Supply Gap Over Time . . 8.0 (M short tons per annum; boric acid equivalent) (M short tons per
Slide 13: Favorable Pricing Dynamics
Favorable Pricing Dynamics The potential for a step change in boron pricing supported by other leading decarbonization inputs Peer Market Pricing - FY21 and FY22 Spot Prices Expected Demand indexed to 1 July 20201 in 20305 1200% Outlook and market Lithium Carbonate2 demand for permanent 1000% 2,661k
Slide 14: Business Model Designed to Drive Shareholder Value
Business Model Designed to Drive Shareholder Value Fully integrated business model to capitalize on 5E’s competitive advantage Fully Integrated Business Model 5E Competitive Advantage 1. EXTRACTION 2. PROCESS 3. VALUE-ADD • Backwards integration • Relatively low carbon • Enter agreements to deliver
Slide 15: Substantial Optionality
Substantial Optionality Major existing and new boron markets with co-product lithium opportunities Emerging Boron Markets1 Boron Markets Today1 Lithium Market2 (kt) 1.6M tons of new demand 500 Future Facing (Magnets, Nuclear, Defense, Pharma), 400 19% expected from future facing industries 300 200 F
Slide 16: Many Catalysts Achieved
Many Catalysts Achieved Meaningful catalysts already delivered in the first two quarters since Nasdaq listing Georgetown University Collaboration D.A. Davidson Initiated Research Coverage Russell Index Inclusion $60M Investment Baird Initiated 5E Nasdaq Listing Research Coverage U.S. Govt designates
Slide 17: Potential Catalysts to Come
Potential Catalysts to Come Further project and corporate catalysts in the pipeline to deliver shareholder value Russell Index Georgetown University Inclusion Collaboration D.A. Davidson Initiated Further Government Support Initiatives Research Coverage Bluescape Product Development 5E Nasdaq Listin
Slide 18: Well Balanced Management Team with the Right Skills
Well Balanced Management Team with the Right Skills Complementary skill sets to advance project and corporate initiatives Tyson Dr Dinakar (Dino) Chantel Jordan Chance J.T. Paul Hall Gnanamgari SVP, General Pipitone Starzecki Weibel COO CCO/CTO Counsel and CPO SVP Corp Dev, IR CMO CFO Tyson Hall was
Slide 19: Summary
Summary Boron and 5E sit at the convergence of three global mega-trends Unique boron opportunity – scarce and valuable Food Security Favorable supply / demand dynamics Vertically integrated business model focused on high value advanced materials Optionality with co-product lithium production and man
Slide 20: A. The Boron Supply Tree
A. The Boron Supply Tree The BORON Supply Tree Ores & Concentrate Specialty Materials Advanced Materials Boric Acid provides a large foundation to sell into Colemanite established and growing Boric Acid Zinc Borates markets. Ulexite Ammonium Pentaborate Tincal (Borax) Future Facing Potassium P
Slide 21: B. Valuation Opportunity
B. Valuation Opportunity Catalysts for Value Creation1 Enterprise Value / 2022 LTM EBITDA Multiple Significant valuation potential for Boron and 5E: Wider application set than battery 24.6x metals Boron market is more concentrated 35.0x with two producers at 85% of global supply Vertically int
Slide 22: C. Sustainability is an Important Focus for the Business
C. Sustainability is an Important Focus for the Business Building Blocks of 5E’s PRODUCTION IMPACTS ENERGY TRANSITION Sustainability Strategy Consume fewer resources Applications enable decarbonization In-situ extraction Emissions reduction Closed loop water use UN Sustainable Development Go
Slide 23: D. Contribution to UN Sustainable Development Goals
D. Contribution to UN Sustainable Development Goals The 5E operation and boron inputs into clean energy applications align across multiple UN SDG’s Insulation adds climate resilience and reduces energy use Micronutrients help counter climate change effects on and costs agriculture in poorer coun
Slide 24: Boron and Lithium
Boron and Lithium 5Eadvancedmaterials.com J.T. Starzecki Chief Marketing Officer jstarzecki@5eadvancedmaterials.com Chance Pipitone SVP Corporate Development, Investor Relations cpipitone@5eadvancedmaterials.com 24
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