Slide 1: Corporate Presentation
Corporate Presentation =BR Limited
Slide 2: Capital structure and share price performance
For personal use only Capital structure Share price performance (24 months) Market capitalisation (as at 05 Oct 2023) $107.9m $0.08 90 Millions 80 Ordinary shares on issue 3.7b 70 $0.06 Average daily volume (last 3 months) 2.4m 60 Gross cash balance (as at 30 Jun 2023) $13.4m 50 $0.04 40 30 Director
Slide 3: Significant commercial opportunity poised to scale
Significant commercial opportunity poised to scale • A unique value proposition as the most advanced, fully autonomous, For personal use only dynamically-stabilised construction robot in the world • Next-generation Hadrian X® exceeds lay speed record of predecessor, improving economics - further inc
Slide 4: Hadrian X construction robot
® • Hadrian X® is the world’s most advanced construction robot, For personal use only capable of building the structural, load-bearing walls of a brick/block house in as little as a day • Designed to build structures safer, faster, cheaper and more accurately, with waste virtually eliminated compare
Slide 5: Safety and environmental benefits of Hadrian X
For personal use only • Reduced environmental impact of construction process through zero-waste sequenced pallet capability: • Reduces occurrences of repetitive stress injuries and strains, • maintains site cleanliness, massively reduces water use, waste while virtually eliminating risks during the
Slide 6: Next-generation Hadrian X progress
® • Next-generation Hadrian X® exceeded previous generation’s peak lay For personal use only speed record, laying U.S. format masonry blocks at a peak rate of over 300 blocks per hour with further expected improvements • Following outdoor site demonstrations, the next-generation Hadrian X® will be r
Slide 7: Next-generation Hadrian X specifications
• Modular design with distributed control architecture For personal use only • Operable by tablet or mobile device • Shuttle system handles blocks up to 600 x 400 x 300mm (23 Standard Brick Equivalent, weighing up to 45 kgs); capable of being adapted to lay roof tiles • Larger blocks allow for incre
Slide 8: Outdoor demonstration and lay speed record
® • Following calibration and optimisation activities undertaken indoors For personal use only at FBR’s facilities, the next-generation Hadrian X® mobilised outdoors at FBR’s facilities to simulate work in a dynamic outdoor environment • During the completion of its first compliant outdoor structure
Slide 9: Larger blocks improve Hadrian X economics
® ® Larger blocks improve Hadrian X® economics, and the greater the benefit is passed on to WaaS® customers. Costs below are direct laying costs (based on the key assumptions described below) and exclude all the other ancillary benefits enjoyed by the customer derived from the Hadrian X® from its im
Slide 10: For personal use only
For personal use only 10
Slide 11: Willagee project
’ • Split across two sites, each containing eight two-storey units For personal use only • A number of first-time accomplishments for FBR such as: • building on a rising site, with each home elevation varying; • triple-leaf, common party walls up to 9.2m high; • a triple-leaf cavity wall system with
Slide 12: St. James project
’ • FBR contracted by Perth developer, Riculallo Pty Ltd, to provide Wall For personal use only as a Service® for eight two-storey townhouses in Perth suburb of St. James • Hadrian X® is scheduled to mobilise to site during Q2 FY24, in line with schedule provided by the developer TAD 3D render of St
Slide 13: WaaS Commercialisation Strategy
WaaS® Commercialisation Strategy
Slide 14: WaaS operating entities by region
WaaS® Ops Entity For personal use only (Europe) ✓ Liebherr MoU ✓ Pilot Programs ❑ European certification of Fastbrick Wall System® WaaS® Ops Entity (North America) ✓ WaaS® Entities established ✓ ICC Code Compliant ✓ Florida Building Code Compliant ❑ U.S. deployment of HX WaaS® Ops Entity WaaS® Ops E
Slide 15: U.S. market entry
® ’ • Three next-generation Hadrian X® robots already funded by M & G For personal use only Investment Management specifically for U.S. markets, expediting FBR’s entry to its largest market globally • U.S. domiciled operating entities established Undersupplied • Fastbrick Wall System® compliant with
Slide 16: U.S. housing supply and demand
Builder completions – Top 10 (2022) Builder Completions • Moody’s estimated a minimum of ~1.5m homes required annually just to meet demand1 D.R. Horton 82,930 For personal use only Lennar Corp. 68,817 • Chronic undersupply has resulted in a deficit estimated to be between 4.7-20.1m, with PulteGroup
Slide 17: Florida and Texas target markets
® • Concentration of new build opportunities in Florida and Texas is highly favourable for FBR and the operation of WaaS® operating centres For personal use only • Provides significant opportunities to provide WaaS® within close proximity to operating headquarters, with ample access to labour, mater
Slide 18: The Architectural Designer (TAD)
® • The Architectural Designer®, or TAD®, is the front-end system that enables a builder to interact with the relevant WaaS® business to convert a house design to a set of instructions for the Hadrian X® For personal use only • TAD® provides a fully digital, automated, secure, accurate and fast syst
Slide 19: Intellectual property portfolio
’ • FBR has IP coverage for its technology across Australia, United For personal use only States, Europe, China, UAE, Saudi Arabia, Mexico, Canada, Japan, Indonesia, Thailand, South Africa, India and Brazil • Patent coverage is primarily focused on key commercial markets in Australia, Europe, USA, C
Slide 20: Upcoming milestones
• Introduce next-generation Hadrian X® into suburban For personal use only building environments • Complete construction at Willagee and St. James • Progress manufacture of U.S. spec next-generation Hadrian X® robots for deployment to U.S. • Establish European entity and complete certification of Fa
Slide 21: Important Notice
Important Notice For personal use only This presentation has been prepared by FBR Limited. This document contains background information about FBR Limited which is current as at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. R
Slide 22: For personal : use only
: T: +61 8 9380 0240 E: investor@fbr.com.au For personal :use only