Slide 1: Company Overview - Mello 2022
IN INITY ENERGY SYSTEMS COMPANY OVERVIEW Mello 2022 25 MAY 2022
Slide 2: Utility-grade energy storage using vanadium flow technology
Utility-grade energy storage using vanadium flow technology | N | N ITY Founded in 2020 through merger of Avalon Battery and redT Energy Public (LSE:IES) Over 50 projects with more than 33 MWh installed or signed ENERGY SYSTEMS BATHGATE UK Solutions Engineering VANCOUVER CANADA Design & Manufacturin
Slide 3: Invinity delivers utility-grade energy storage alternative
‘ Lit fs Invinity delivers ly require: all fj _—_—sCéwUhtihe-_ ut ility-grade ergy storag / alternative.
Slide 4: Requirements for energy storage: safety, lifespan, low LCOS, proven performance
Must have no risk of thermal runaway or significant safety risk near residential areas Match the lifespan of solar & wind assets; 25+ years of constant cycling Low LCOS; the price per MWh stored & discharged over the lifetime of the battery Demonstrated performance in commercial applications in the
Slide 5: Triple ISO Certified
Triple ISO Certified = £ = : : : RARE TRIPLE CERTIFICATION a a a = Awarded April 2022 r=} Ss =} = Invinity may be the only flow a4) Oo a) battery company to hold all YS — _ three concurrently 5 5 5 = Demonstrates Invinity’s leading role in commercialising flow © f | o ‘4 o 7 | batteries SAI GLOBAL ®
Slide 6: Inside a VFB
Inside a VFB CELL STACKS VANADIUM AVAILABLE POWER ELECTRONICS & BMS Element 23, readily available and more abundant in the Earth's crust than copper. Accessible reserves in Australia, South ELECTROLYTE HOSE Africa, United States, Canada REUSABLE ELECTROLYTE PUMPS Virtually unlimited working life. 97
Slide 7: Invinity VS3
Invinity VS3 Safe. Long Life. Economical. Proven. RATED POWER: ENERGY STORAGE: ENERGY STORAGE: CONTINUOUS NOMINAL DURATION 78 220 2-12 kw kWh HOURS LIFETIME: RECOMMENDED -— recHAnet CYCLE LIFE: 2? DISCHARGE: 2°, 100% UNLIMITED LIINVINITY ,
Slide 8: VFB Use Cases
VFB Use Cases cnunay supanuveoxrono 800+ 700 600 500 400 300 CYCLES PER YEAR 200 EUROPEAN MARINE ENERGY CTR. Tidal Dispatch Vanadium Zone From 4-12 hours >250 annual cycles YADLAMALKA ENERGY Solar Dispatch Wind & Tidal Dispatch Solar Dispatch Operating Reserves (FFR) SAN JACINTO FIRE STATION Overnig
Slide 9: The UK's Largest Flow Battery
THE UK’S LARGEST FLOW BA te 2MW/5 MWH
Slide 10: Decarbonizing Water Treatment
DECARBONIZING WATER TREATMENT 0.8 MWH + 1 MW SOLAR
Slide 11: European Marine Energy Centre
Slide 12: Canada's Largest Vanadium Flow Battery
CANADA’S LARGEST VANADIUM FLOW BATTERY 8.4 MWh flow battery system + 21 MWp solar array Generating clean energy on demand to serve the daily needs of more than 7,000 Albertans Order to be fulfilled with 38 Invinity VS3 batteries Operational in late 2022 INVINITY ctementay (Gp SOADUAKE, cists NERY SY
Slide 13: Yadlamalka Solar + Storage
Yadlamalka Solar + Storage WORLD’S LARGEST SOLAR-POWERED VFB 8 MWh Invinity Battery System + 6 MWp Solar PV Manufacturing starting H1 2021 41 Invinity VS3s Australia’s largest flow battery Delivery 2022 DISPATCHABLE SOLAR TO DISPLACE THERMAL GENERATION RUNNING COST ‘aM High volatility Low volatility
Slide 14: Soboba Fire Station
Soboba Fire Station CLEAN POWER FOR CRITICAL INFRASTRUCTURE California Energy Commission-funded project 0.5 MWh flow battery system integrated with onsite solar PV 10-hours storage duration, supplying resiliency in a region heavily affected by wildfires Project to go live in San Jacinto in 2022 INVI
Slide 15: Air Station Miramar
Air Station Miramar US MARINE CORPS AIR STATION IN CALIFORNIA Ensuring round-the-clock energy resiliency while reducing overall energy costs 0.5 MWh flow battery system integrated for grid- connected or off-grid modes 10-hours storage duration, supplying resiliency in a region heavily affected by wi
Slide 16: Invinity Energy Systems
IN INITY ENERGY SYSTEMS AF