Corvex, Inc. · NASDAQ:MOVE
Corvex — Investor Presentation (August 2026)
28 slides from Corvex's investor presentation, August 2026
Slide 1: Invest in the Early AI Infrastructure Economy
Invest in the Early AI Infrastructure Economy Rare, Public, Pure Play Neocloud Poised for Growth
Slide 2: Invest in the Early Buildout of AI Infrastructure
Invest in the Early Buildout of AI Infrastructure Offers a Rare Opportunity to Invest in a Rapidly Growing Pure Play AI Company 1 Attractive market segment with long - term expected growth Emerging AI pure play with multiple Value Engines 1. Growing AI Factory MWs 5x (1), with hundreds of MWs in pip
Slide 3: AI Infrastructure Investment Thesis
AI Infrastructure Investment Thesis Exponential Demand Growth, Lagging Supply = Potential for Attractive Returns US Demand Expected to Outstrip Supply AI Demand Acceleration and Evolution Continues… Demand Driver Corvex Solution US Data Center Supply & Demand (GW) (10.4) AI compute demand exceeds AI
Slide 4: AI Adoption Creates Opportunities for Differentiated Players
AI Adoption Creates Opportunities for Differentiated Players Industry Why It Matters Opportunities for Differentiation Challenges Accelerate customer time - to - tokens Supply Al requires unprecedented data center capacity growth . • Disciplined site selection Constraints Constraints in power, equip
Slide 5: Invest in the Early Buildout of AI Infrastructure
Invest in the Early Buildout of AI Infrastructure Offers a Rare Opportunity to Invest in a Rapidly Growing Pure Play AI Company 1 Attractive market segment with long - term expected growth Emerging AI pure play with multiple Value Engines 1. Growing AI Factory MWs 5x (1), with hundreds of MWs in pip
Slide 6: Company Overview
Company Overview Overview Corvex Capacity Expansion Opportunities (MW) • Founded in 2024 by Seth Demsey and Jay Crystal, both with 20+ years of experience 325+ • Merged with Movano , Inc. (NASDAQ: MOVE) in 2026 to accelerate growth 220+ • Delivering AI Factories, Corvex Assured, and coming soon, Tok
Slide 7: Three Complementary Growth Vectors
Three Complementary Growth Vectors • Deploy and operate state - of - the - art AI compute clusters from leading GPU OEMs AI Factory • Alleviates supply bottleneck by accelerating order - to- delivery timelines Scaled GPU clusters for • 5x data center capacity growth under contract; path to significa
Slide 8: Corvex AI Factory Key Success Factors
Corvex AI Factory Key Success Factors AI Factory Rapid Access to Secure AI Infrastructure at Industrial Scale • Partnerships accelerate order - to- delivery time Corvex + Lenovo delivered next - gen Delivering liquid cooled GPUs into an air - cooled • Continuous process improvement for new power sit
Slide 9: Credible Path to Growth in 2026 and Beyond
Credible Path to Growth in 2026 and Beyond AI Factory Corvex 2026 Power Projections Expansion Options Expansion Studies (Critical IT MWs) (Critical IT MWs) (Critical IT MWs) +6.3 50+ 35 20 4.5 150+ 220+ 325+ 7.8 220+ 1.7 50+ 12.5 1.5 7.8 Mid- Atlantic Mid- Atlantic Midwest - 1 Total 2026 Midwest - 1
Slide 10: Mid-Atlantic Expansion
Mid- Atlantic Expansion AI Factory Doubling Capacity at Initial Pilot Site • Tier III+ design • Expanding from 1.5 MW to 3.3 MW (critical IT) • Diverse Power Paths • Studying 20 MW IT Load expansion • Diverse Fiber Paths • Former Enterprise data center Proprietary and Confidential. Copyright 2026 Co
Slide 11: Mid-Atlantic Expansion
Mid- Atlantic Expansion AI Factory Expanding Corvex’s “Pilot Plant” Operations to Meet Market Demand Current Operations 1.7 MW (IT) Expansion Advantages • Current - and prior - generation GPU • Doubles existing power footprint • Proven Facility and working capacity relationships • Supports approxima
Slide 12: Mid-Atlantic Expansion
Mid- Atlantic Expansion AI Factory Path to Power Ready for Service ✓ Incremental utility power is live and energized today ✓ All major long - lead equipment ordered, including HVAC equipment, 4th generator set and associated equipment, oxidation housing and catalyst, day tank, controllers, and relat
Slide 13: Midwest-1 AI Factory
Midwest - 1 AI Factory AI Factory 4.5MW IT Load Scaling to 17MW; 50MW Under Study • Tier III design • Diverse Power Paths • Liquid Cooled, High - Density • Diverse Fiber Paths • Planned expansion to 17MW IT Load; 50MW expansion under study • Former Enterprise data center • LEED Gold Proprietary and
Slide 14: Midwest-1 AI Factory
Midwest - 1 AI Factory AI Factory Expandable & Aligned to Leading GPU OEM Programs Power Scalability (IT MW) Leading GPU OEM Ecosystem Play Why This Site 51 • Corvex is a certified cloud partner • Data center retrofit by experienced contractor reduces risk • Cluster - level certification : Leading 1
Slide 15: Midwest-1 AI Factory
Midwest - 1 AI Factory AI Factory Path to 17MW Critical IT Load Phase 1 – 4.5MW (In Execution) Phase 2 Option – +12.5MW (1) • Electrical and mechanical permits secured • Transmission service request approved by the utility; interconnection deposits funded; energy services agreement in final executio
Slide 16: Go To Market Strategy
Go To Market Strategy AI Factory Mid- Atlantic and Midwest - 1 Target ideal customers and seek to build a competitive PACKAGING process that optimizes five levers: Structured • Price • Relationship Growth Mid- Atlantic Midwest - 1 process • Duration Potential Over Time +1.7MW 4.5MW • Cross - Sell At
Slide 17: Token Factory
Token Factory Token Factory Compelling Customer Value and Enhanced ROIC • Enter a high - growth market with higher anticipated risk - adjusted returns Investment – Initially targeting developers & enterprise tech departments Thesis • Software runs on owned and/or leased GPU capacity , creating flexi
Slide 18: Corvex Security Differentiation Gaining Traction
Corvex Security Differentiation Gaining Traction Assured AI Security Anticipated to Become Mission Critical as Production AI Matures Corvex Products Target Customers Packaging • Confidential computing • Enterprise and Federal • AI Factory hourly add - on • Assured model weights • Increasing AI nativ
Slide 19: Corvex Assured AI Platform Vision
Corvex Assured AI Platform Vision Assured AI Reliability & Power Access Are Table Stakes; IP Security Becomes the Differentiator END USER MODEL BUILDER DATA OWNER ANY TEAM Confidential / TLS E2E ABKE E2E ABKE E2E ABKE Confidential Confidential Assured Assured Assured Custom Token Factory Token Facto
Slide 20: Differentiating AI Pure Play: Infrastructure to Intelligence
Differentiating AI Pure Play: Infrastructure to Intelligence Corvex vs. Datacenters, Hyperscalers , and Neoclouds Dimension Traditional Datacenters Hyperscalers Neoclouds Renting cabinets up to Broad cloud + custom Secure AI, Token Factories, Core Focus GPU Cloud single - tenant data centers silicon
Slide 21: Invest in the Early Buildout of AI Infrastructure
Invest in the Early Buildout of AI Infrastructure Offers a Rare Opportunity to Invest in a Rapidly Growing Pure Play AI Company 1 Attractive market segment with long - term expected growth Emerging AI pure play with multiple Value Engines 1. Growing AI Factory MWs 5x (1), with hundreds of MWs in pip
Slide 22: Visionary Leadership and Management Team
Visionary Leadership and Management Team Seth Demsey Jay Crystal Chance Moreland Co - CEO & Founder Co - CEO & Founder Chief Financial Officer • 25+ years in distributed computing and SW • 25 years founding, operating, & financing • 20+ years across engineering and finance development innovative com
Slide 23: Independent Members of Board of Directors
Independent Members of Board of Directors Nick Donofrio Patrick Fleury Brian Cullinan Emily Fairbairn Board Director Board Director Board Director/ Audit Chair Board Director • Former IBM EVP of Innovation • CFO of TeraWulf • 35+ year PwC veteran advising • Co - founder & former CEO of and Technolog
Slide 24: Talented Management Team At Every Level
Talented Management Team At Every Level The Ideal Mix of Operating, Infrastructure, Software, and Capital Markets Experience • 22 years of product and engineering leadership in high - growth technology companies Sachin Nene • Former CTO of Upside (DC unicorn) and VP of Engineering at Vox Media Head
Slide 25: Invest in the Early Buildout of AI Infrastructure
Invest in the Early Buildout of AI Infrastructure Offers a Rare Opportunity to Invest in a Rapidly Growing Pure Play AI Company 1 Attractive market segment with long - term expected growth Emerging AI pure play with multiple Value Engines 1. Growing AI Factory MWs 5x (1), with hundreds of MWs in pip
Slide 26: THANK YOU!
THANK YOU! =| ###$«+— ><
Slide 27: Disclaimer
Disclaimer This presentation is intended to present background information on Corvex, Inc. (the “Company” or “us”), its business and the industry in which it operates and is not intended to provide complete disclosure upon which an investment decision could be made. This presentation is not intended
Slide 28: Forward Looking Statements
Forward Looking Statements This presentation contains “forward - looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amen ded, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those