Nh3 Clean Energy Limited · ASX:NH3
Nh3 Clean Energy — Investor Presentation (July 2026)
26 slides from Nh3 Clean Energy's investor presentation, Jul 20, 2026
Slide 1: Investor Presentation
ASX Announcement 20 July 2026 Investor Presentation NH3 Clean Energy Limited (ASX:NH3) (‘NH3’ or ‘Company’) is pleased to attach the updated investor presentation which will be delivered by the Chairman of the Company, Charles Whitfield, at the JMM Investor Lunch in Noosa this week and other investo
Slide 2: Powering a Cleaner Future with the energy of Ammonia
Powering a Cleaner Future with the energy of Ammonia July 2026 NH3 Clean Energy (ASX:NH3) 1
Slide 3: Important Notices
Important Notices DISCLAIMER The purpose of this presentation is to provide background information to assist in obtaining a general understanding of the Company’s proposals and objectives. This presentation may contain some references to forecasts, estimates, assumptions and other forward-looking st
Slide 4: NH3 Clean Energy Overview
NH3 Clean Energy Overview NH3 Clean Energy is a major infrastructure project developer in the clean energy sector Developing Asia Pacific’s leading clean ammonia WAH2 Project Overview1 project Plans to build a low-emissions ammonia production plant in Phase 1 - 2030 Maitland, North West WA, WAH2 Pla
Slide 5: 1. Ammonia Overview
1. AMMONIA OVERVIEW “The ammonia market is undergoing a period of rapid and dramatic change… the urgent need to decarbonise the global economy and meet ambitious zero-carbon goals has opened up exciting new opportunities. Ammonia has the potential to be the most cost-effective and practical ‘zero-ca
Slide 6: What Is Ammonia?
What Is Ammonia? Ammonia is mature, globally traded commodity with an established role in decarbonisation ● Easily transportable ● Greater energy per volume than liquid hydrogen AMMONIA (NH₃) ● Liquid at -33°C and atmospheric pressure, or at modest pressure and normal temperatures ● No CO₂ emissions
Slide 7: Drivers Of Change In The Ammonia Market
Drivers Of Change In The Ammonia Market Asia Pacific currently represents 40% of ammonia market and is the highest-growth region Regulatory Changes Companies Driving Change SEC Scope 3 disclosure rules from Unilever and PepsiCo signing Ammonia Demand Forecast¹ 2027 agreements committing to low-carbo
Slide 8: Clean Ammonia's Role In Decarbonisation
Clean Ammonia’s Role In Decarbonisation A scalable and transportable low-carbon fuel capable of reducing emissions in sectors that are difficult to electrify Agriculture Power Generation Maritime Around 70% of global ammonia is Can be co-fired with coal in existing International shipping accounts fo
Slide 9: Clean Ammonia Market Growth - Power Generation
Clean Ammonia Market Growth - Power Generation Australia already plays a key role in the Japanese energy sector and is seen as a stable, reliable supplier 1 Japan aims to import 3 million tonnes 3 Mtpa of clean ammonia annually by 20302 Japan is committed to reducing 46% greenhouse gas emissions by
Slide 10: Clean Ammonia Market Growth - Maritime Decarbonisation
Clean Ammonia Market Growth - Maritime Decarbonisation The shipping industry is growing the ammonia fueled fleet Clean Ammonia Shipping Demand2 169 Ammonia-ready vessels ordered1 (Dec 2025); ● Ammonia carriers (22), Bulk carriers (30), Auto carriers (29), and Container vessels (56)1 ● First dual-fue
Slide 11: Decarbonising The Pilbara-Asia Iron Ore Corridor
Decarbonising The Pilbara-Asia Iron Ore Corridor NH3 is playing a leading role in the decarbonisation of one of the world’s busiest trade routes 1 May 2024 | NH3 / Oceania Marine Energy MoU Aligns WAH₂ low-emissions ammonia with iron ore shipping bunkering Sep 2024 | First Ship-to-Ship Ammonia Trans
Slide 12: 2. WAH2 Project Overview
2. WAH2 PROJECT OVERVIEW Developing Australia’s only credible clean ammonia supplier at scale, optimally positioned to capture early market opportunities in the key growth markets of Asia. NH3Clean NH3 CleanEnergy Energy(ASX:NH3) (ASX:NH3) 11 11
Slide 13: WAH2 Project's Strategic Advantages
WAH2 Project’s Strategic Advantages Designed to succeed at every stage of project development Proven Process Strong Partnerships Ideal Location Proven, industry leading technology Collaboration with leading global Proximity to Asia, established gas reduces risk and underpins companies across the val
Slide 14: Proven Process
Proven Process WAH2 Project to use proven technology from world class providers to reduce cost and risk Gas feedstock via existing Dampier to Bunbury Natural Gas Pipeline Natural Gas Proven autothermal reforming (ATR) technology from Topsoe CH₄ generates hydrogen from gas feedstock CO₂ H₂ Production
Slide 15: Ideal Location
Ideal Location Clean Energy Strategically located in the heart of Western Australia’s Pilbara, in the Strategic Industrial Area of Maitland Strategic Land & Zoning ● Maitland SIA: Industrial zoning de-risks and streamlines permitting process ● Global Trade Hub: At the center of the world's largest t
Slide 16: Building the WAH2 Strong Partnerships
Strong Building thePartnerships WAH Strategic collaboration across every aspect of the project value chain GOVERNMENT INPUTS & ENGINEERING & SALES & SUPPORT SERVICES TECHNOLOGY DISTRIBUTION Commitment Australian Government Pre-FEED Agreement for Lease Ammonia Tech. of Land (Sep ’25) Indication of Ga
Slide 17: De-risking Delivery
De-risking Delivery Clear plan based on successful Pilbara project delivery experience DESIGN CONSTRUCTION & OP COMMERCIAL Maximum modularisation to minimise Proven Design & Delivery Model Select industry experts best-placed to onsite activities in the Pilbara ● Topsoe & Linde combination manage ris
Slide 18: Key Milestones Delivery
Clean Energy Key Milestones Delivery Momentum accelerates as key de-risking continues to progress as major project milestones are achieved 2023 2024 2025 2026 NEXT KEY COMMERCIALISATION EXECUTION & FOUNDATION INFRASTRUCTURE ADVANCING APPROVALS MILESTONES ACCESS PPA Ammonia Shipment MoU Fauna Survey
Slide 19: Board and Management Team
Board and Management Team A leadership team highly experienced in the industry and the Asia Pacific market Charles Andrew Brent Garry Whitfield Kirk Gardner Plowright Chairman Non-Exec Director Non-Exec Director Non-Exec Director ● Former MD Head of Structured Corporate ● Former Head of LNG at Power
Slide 20: 3. The Investment Case
3. THE INVESTMENT CASE WAH2 provides a unique opportunity to participate in a project that is positioned to be a leader in the high growth clean ammonia market. NH3 Clean Energy (ASX:NH3) 19
Slide 21: Share Price Performance
Share Price Performance The anticipated project value and de-risking progress is yet to be reflected in the share price Share price (A$)1 0.100 Shares on issue (m) 712.88 Market Capitalisation1 $71.28M Add: Total Debt2 $0 Less: Cash & Cash Equivalents ($2.67M) Enterprise Value $79.38M Share Price $0
Slide 22: Compelling Economics
Compelling Economics Clean Energy Strong project economics with attractive long-term fundamentals and phased development plan Phased Delivery Phase 1 Phase 1 + Phase 2 Phase 1 A$682 M NPV₈ A$1,140 - $1,504 M • Production capacity 650 kTPA NPV₈ Includes infrastructure-related opportunities & optimise
Slide 23: Project Financing
Project Financing Clean Energy The WAH2 Project is structured to be a conventional infrastructure investment with predictable returns Known Costs1 Known Revenues1 ● Fixed price basis2 for inputs: ● Long-term contracts gas, water, and CCS ● Fixed price basis2 ● Inputs from established counterparties
Slide 24: Project Financing
Project Financing Clean Energy WAH2 has attracted strong interest from key domestic & international financial providers Debt Mezzanine Project Financing Stack ● Policy based financing ● Corporate CVC ● Commercial Lending ● Infrastructure Funds ● Infrastructure & Clean Energy Project Equity ● Build O
Slide 25: Why Invest In NH3 Clean Energy?
Why Invest In NH3 Clean Energy? WAH2 sits squarely among the top infrastructure investment categories globally: #1 Renewable/energy transition, #2 Digital infrastructure, #3 Social infrastructure, #4 Regulated utilities, #5 Transport/logistics High-Growth Market Leading Position De-risked delivery S
Slide 26: END
END For further information contact: CEO Stephen Hall, stephenh@NH3CE.com CONTACT DETAILS NH3 Clean Energy’s mission is to lead the development of ammonia fuel production to meet the growing clean energy needs of the Asia-Pacific region 25