Ceres Power Holdings Plc · LSE:CWR
Ceres Power — Shareholder Meeting (May 2024)
17 slides from Ceres Power's shareholder meeting presentation, May 16, 2024
Slide 1: Annual General Meeting
Annual General Meeting Ceres Power Holdings plc 16 May 2024
Slide 2: Leading solid oxide technology for power and green hydrogen
Leading solid oxide technology a for power and green hydrogen = Unique IP, >100 patent families aa High-margin, licensing business : . es model Sm ‘ We collaborate with world- Lisi ‘ : leading companies to deliver Fm clean energy technology... ...at scale and pace 2 Ceres Power Holdings plc | Annual
Slide 3: SOFC delivery and SOEC commercial acceleration
SOFC delivery and SOEC commercial acceleration * Bosch ‘power units’ based on Ceres’ technology received European funding of €160m « Factory acceptance testing complete at Doosan’s 50MW facility in Korea. Installation and commissioning on schedule * Weichai developing larger 75kW stationary power un
Slide 4: Signing ceremony of Hydrogen Energy Technology Collaboration
SIGNING CEREMONY of Hydrogen Energy Technology Collaboration G Ceres ; 4 Ceres Power H
Slide 5: Acceleration of SOEC built on leadership in SOFC
Acceleration of SOEC built on leadership in SOFC Commercial * Compelling business case across hydrogen, steel and ammonia acceleration * Engaging the full hydrogen value chain to drive demand for Ceres’ technology technolocy * Gen2 stacks released, offering improvements in performance and cost leade
Slide 6: Technology advantage
Technology advantage Class-leading robustness and low temperature performance due to steel mounted design Low-cost ceramics Fundamentally lower ae Ferritic steel material costs and reduced substrate and volatility in pricing interconnect Low operating temperature 500 to 600C Ceria electrolyte er Hol
Slide 7: Platform technology to address significant global markets
Platform technology to address significant global markets Y) FUEL IN RENEWABLE ENERGY IN Future fuels 7 Ceres Power Holdings ple | Annual General Meeting c2res
Slide 8: Ceres delivers technology and manufacturability
Ceres delivers technology and manufacturability To enable its partners to build SOFC and SOEC capability at scale Mature stack design Cell and stack manufacturing 1MW demonstrator system Stacks have been in low volume Manufacturing plant in South Korea is First SOEC demonstration systems has product
Slide 9: Partners scaling globally with support from Ceres
Partners scaling globally with support from Ceres 9 Ceres Power Holdings plc | Annual General Meeting
Slide 10: website
website
Slide 11: Modular technology scales for various applications
Modular technology scales for various applications DOOSAN scaling to G(OOkW 10-60kW BOSCH scaling to 1OOkW WEICHAI scaling to IMW “1p eRe ta / ie eae 30-75kW cares
Slide 12: Shell deployment to support compelling use for industry
Slide 13: Ceres Power Holdings plc
Ceres Power Holdings pic | Annual General Meeting 3
Slide 14: Licence combined with process development experience
Licence combined with process development experience Enables the deployment of state-of-the-art SOEC modules SOEC factory 2, , MA SOEC modules Hydrogen plant Future fuels 14 Ceres Power Holdings plc | Annual General Meeting cares
Slide 15: Outlook and focus for the year ahead
Outlook and focus for the year ahead 15 Bosch, Doosan and now Delta progressing towards scaled technology production Continue to grow our relationship with Weichai in China Demonstrator programmes for green hydrogen on track with Shell, and with Bosch and Linde Engineering Significant new licence si
Slide 16: Questions
Questions Investor Relations investors@cerespower.com Ceres Power Holdings pic Viking House, Foundry Lane, Horsham RH13 5PX T: +44 (0)1403 273463 | E: info@cerespower.com Cares
Slide 17: Appendix: Reconciliation of prior year audit adjustments
Appendix: Reconciliation of prior year audit adjustments * Anumber of prior period corrections were identified during the audit, the main ones relating to the historical 7 timing and treatment of revenue recognition and foreign exchange impact for long term contracts, the dilapidation provision and
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