Titomic Ltd · ASX:TTT
Titomic — Shareholder Meeting (January 2021)
40 slides from Titomic's shareholder meeting presentation, Jan 28, 2021
Slide 1: Annual General Meeting 28 January 2021
ADDITIVE MANUFACTURING AT INDUSTRIAL SCALE ANNUAL GENERAL MEETING 28 JANUARY 2021 1
Slide 2: The Leadership Team
THE LEADERSHIP TEAM Board Dr Andreas Schwer INDEPENDENT NON- EXECUTIVE CHAIRMAN Jeff Lang EXECUTIVE DIRECTOR/ CHIEF TECHNOLOGY OFFICER Professor Richard Fox NON-EXECUTIVE DIRECTOR Dag W.R. Stromme INDEPENDENT NON-EXECUTIVE DIRECTOR Humphrey Nolan INDEPENDENT NON- EXECUTIVE DIRECTOR Richard Willson I
Slide 3: Online Attendees – Question Process
ONLINE ATTENDEES – QUESTION PROCESS When the Question function is available, the Q&A icon will appear at the top of the app To send in a question, click in the ‘Ask a question’ box, type your question and press the send arrow Your question will be sent immediately for review Received 3
Slide 4: Online Attendees – Voting Process
ONLINE ATTENDEES – VOTING PROCESS When the poll is open, the vote will be accessible by selecting the voting icon at the top of the screen To vote simply select the direction in which you would like to cast your vote. The selected option will change colour For Against Abstain There is no submit or s
Slide 5: Annual General Meeting 28 January 2021
ADDITIVE MANUFACTURING AT INDUSTRIAL SCALE ANNUAL GENERAL MEETING 28 JANUARY 2021 5
Slide 6: Disclaimer
DISCLAIMER This presentation has been prepared by Titomic Limited ACN 602 793 644 (“Titomic” conditions or circumstances on which any statement is based. Nothing in these or the “Company”) to provide summary information about Titomic and their activities materials shall under any circumstances creat
Slide 7: Titomic Kinetic Fusion: Additive Manufacturing at Industrial Scale
TITOMIC Kinetic Fusion® Patented and proven, superior additive manufacturing technology. ADDITIVE MANUFACTURING AT INDUSTRIAL SCALE Faster, smarter and more efficient 7
Slide 8: Key Figures
KEY FIGURES Ownership Breakdown (31 Dec 2020) Founders & Directors Balance of 12 month Share Price 24% Shareholders Feb 2020 to JAN 25th 2021 42% Remainder of Top 20 34% Capital Structure (31st December 2020) Shares $0.58 Shares on Issue 153,249,669 Director & Employee Performance Rights Shares 2,66
Slide 9: Year in Review
Slide 10: Strengthened Leadership in 2020
STRENGTHENED LEADERSHIP IN 2020 Board Dr Andreas Schwer INDEPENDENT NON- EXECUTIVE CHAIRMAN Jeff Lang EXECUTIVE DIRECTOR/ CHIEF TECHNOLOGY OFFICER Professor Richard Fox NON-EXECUTIVE DIRECTOR Dag W.R. Stromme INDEPENDENT NON-EXECUTIVE DIRECTOR Humphrey Nolan INDEPENDENT NON- EXECUTIVE DIRECTOR Richa
Slide 11: Corporate Highlights
CORPORATE HIGHLIGHTS 1 Titomic has Intellectual Property TKF additive manufacturing 4 rights to patented Titomic Kinetic technology has an industry leading Fusion® (TKF) additive capability to print large metal parts manufacturing technology. and components. 2 Progress in proving TKF capabilities 5
Slide 12: Right Technology, Right Time
RIGHT TECHNOLOGY, RIGHT TIME ADDITIVE MANUFACTURING | MARKET GROWTH MARKET GROWTH Additive manufacturing estimated global market › Sustained growth supported size (between 2015–2025, in $bn) by increasing AM adoption. Extract from Deloitte Strategic Review Report – December 2020 › AM is transforming
Slide 13: Right Time, Right Technology
RIGHT TIME, RIGHT TECHNOLOGY. TITOMIC KINETIC FUSION® Produce metal parts at industrial scale Unlocking the 2-5 times faster than competitors benefits of Additive Manufacturing at Scale. Reduced lead-times Combine unique metals Size. Speed. Near net shape accuracy (less than 10% machining) without t
Slide 14: 2020: Commercialisation / Market Validation
2020: COMMERCIALISATION / MARKET VALIDATION COMMERCIALISATION 2020 Development Commercialise Growth › Good market validation progress despite Covid-19. CSIRO TECHNOLOGY PROCESS MARKET TRACTION & COMMERCIAL RESEARCH DEVELOPMENT DEVELOPMENT VALIDATION PARTNERSHIPS SCALEUP › Multiple pilot projects und
Slide 15: Strategic Review
STRATEGIC REVIEW An independent Strategic Review was conducted by Deloitte into Titomic’s emerging strategic direction, status and trends in the additive manufacturing market and our commercialisation › This independent roadmap. technology assessment has proven the uniqueness of the TKF® technology
Slide 16: Market Adaptation
MARKET ADAPTATION Aerospace TARGETING NEW MATERIALS AND APPLICATIONS industry is a victim of Covid-19 travel restrictions! DEFENCE & AEROSPACE Primary Defence › Titomic had to focus on developing new material › Ballistic- and Mine-Protection Structures applications. › Primary armoured structural ele
Slide 17: Proving Industrial Scale Capability
PROVING INDUSTRIAL SCALE CAPABILITY INDUSTRY 4.0 DEFENCE & AEROSPACE Focusing on commercialisation of the TKF® technology and manufacturing of full-scale prototypes for new defence prime customers and existing clients in other industry sectors. Additive manufactured Additive manufactured Additive ma
Slide 18: Product Highlights
PRODUCT HIGHLIGHTS We print your requirement › Products in all shapes and sizes TKF1000 SYSTEM (Gen2) › Material combinations Pipe and Flange Titanium flange on previously unheard of Titanium pipe › Now possible with TKF® Riffle Barrel Titanium on Ultem1010 Titanium on Aluminum on Copper on Aluminum
Slide 19: Unique, Deployable Intellectual Property
UNIQUE, DEPLOYABLE INTELLECTUAL PROPERTY NEW PATENTS PATENTS APPLIED FOR: › Heat Exchanger (pictured) › Metalisation of composite materials › Gradient materials PROTECTING OUR Heat exchanger tube cross-section using COMPETITIVE multilayered dissimilar POSITION metals, has higher rate of heat transfe
Slide 20: Enhanced Execution Capability
ENHANCED EXECUTION CAPABILITY STANDARDS AND CERTIFICATION INDUSTRY 4.0 Improving the quality, efficiency and security of our operations, will underpin success with demanding customers in key target markets. › ISO9001 Quality Assurance. (Certified) › ISO27001 Information Security and Cyber. (Certifie
Slide 21: Industry Comparison
INDUSTRY COMPARISON REVENUES ORGANISATION CUMULATIVE FUNDING FOOTPRINT ($1m in 2019) (# FTEs in 2019) ($1m) (# of global locations) 63 442 820 1 41 225 621 1 1 211 974 4 1.5 30 462 1 21
Slide 22: Fund Raising Comparing the Journeys
FUND RAISING COMPARING THE JOURNEYS Compared to Additive Manufacturing peers, Titomic has punched well above its weight in terms of company building achievements for the amount of cumulative funding. We are focused on accelerating the commercialisation pace and leverage our first mover advantage. $8
Slide 23: Next Steps
Slide 24: Building a Commercial Roadmap
COMMERCIAL ROADMAP HORIZON 1 HORIZON 2 HORIZON 3 COMMERCIALISE FOUNDATIONS BUILD ADJACENT BUSINESSES CREATE A VIABLE FUTURE 3-5 priority applications › Industrial scaling, priority applications › Industrial scaling, 8-10 applications Applications at relative scale › Identify 3-5 adjacent opportuniti
Slide 25: Investment Summary
INVESTMENT SUMMARY Right Place, Right Time › Sustainable growth opportunities supported by increased AM adoption › More products designed to take full advantage of AM benefits Right Time, Right Technology › Production of metal parts at industrial scale BUILDING A › Adaptation of the system to use hi
Slide 26: Contact Us
Contact Us info@titomic.com www.titomic.com @company/titomic/ @Titomic_Limited 26
Slide 27: Annual General Meeting 28 January 2021
ADDITIVE MANUFACTURING AT INDUSTRIAL SCALE ANNUAL GENERAL MEETING 28 JANUARY 2021 27
Slide 28: 2020 Annual Financial Report
2020 ANNUAL FINANCIAL REPORT To receive and consider the Company’s financial report and the reports of the Directors and the Auditor for the financial year ended 30 June 2020. 28
Slide 29: Resolution 1. Adoption of 2020 Remuneration Report
RESOLUTION 1. Adoption of 2020 Remuneration Report That the Company adopt the Remuneration Report for the year ended 30 June 2020 in accordance with 250R(2) of the Corporations Act. The Proxy Results are as follows: TOTAL VALID PROXIES RECEIVED FOR AGAINST 30 million 90.25 % 9.75 % 29
Slide 30: Resolution 2. Election of Non-Executive Director – Mr Andreas Schwer
RESOLUTION 2. Election of Non-Executive Director – Mr Andreas Schwer That, for the purposes of ASX Listing Rule 14.4, clause 19 of the Constitution and for all other purposes, Dr Andreas Schwer, being eligible, be elected as a Non- Executive Director of the Company. The Proxy Results are as follows:
Slide 31: Resolution 3. Election of Non-Executive Director – Mr Dag WR Stromme
RESOLUTION 3. Election of Non-Executive Director – Mr Dag WR Stromme That, for the purposes of ASX Listing Rule 14.4, clause 19 of the Constitution and for all other purposes, Mr Dag WR Stromme, being eligible, be elected as a Non-Executive Director of the Company. The Proxy Results are as follows:
Slide 32: Resolution 4. Election of Non-Executive Director – Mr Humphrey Nolan
RESOLUTION 4. Election of Non-Executive Director – Mr Humphrey Nolan That, for the purposes of ASX Listing Rule 14.4, clause 19 of the Constitution and for all other purposes, Mr Humphrey Nolan, being eligible, be elected as a Non-Executive Director of the Company. The Proxy Results are as follows:
Slide 33: Resolution 5. Ratification of Prior Issue of Shares to Investors
RESOLUTION 5. Ratification of Prior Issue of Shares to Investors That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, Shareholders approve and ratify the issue of 23,750,000 Shares to investors on 10 March 2020. The Proxy Results are as follows: TOTAL VALID PROXIES RECEIVED FOR
Slide 34: Resolution 6. Ratification of Prior Issue of Options to Evans & Partners
RESOLUTION 6. Ratification of Prior Issue of Options to Evans & Partners That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, Shareholders approve and ratify the issue of 500,000 options to Evans & Partners on such terms and conditions more particularly described in the Explana
Slide 35: Resolution 7. Ratification of Prior Issue of Options to Composite Technology
RESOLUTION 7. Ratification of Prior Issue of Options to Composite Technology That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, shareholders approve and ratify the issue of 7,500,000 Options to Composite Technology and, on such terms and conditions more particularly described
Slide 36: Resolution 8. Approval of issue of options to Evans & Partners
RESOLUTION 8. Approval of issue of options to Evans & Partners That, for the purposes of ASX Listing Rule 7.1 and for all other purposes, Shareholders approve the issue of 500,000 options to Evans & Partners, on such terms and conditions more particularly described in the Explanatory Memorandum acco
Slide 37: Resolution 9. Approval of issue of options to Composite Technology
RESOLUTION 9. Approval of issue of options to Composite Technology That, for the purposes of ASX Listing Rule 7.1 and for all other purposes, Shareholders approve and ratify the issue of 7,500,000 options, on such terms and conditions more particularly described in the Explanatory Memorandum accompa
Slide 38: Resolution 10. Approval of issue of Performance Share Rights
RESOLUTION 10. Approval of issue of Performance Share Rights That, for the purposes of ASX Listing Rule 10.14, Chapter 2E and sections 200B and 200E of the Corporations Act and for all other purposes approval is given for the granting of 6,050,000 Performance Share Rights to the directors of the Com
Slide 39: Resolution 11. Approval of Additional Capacity to Issue Shares
RESOLUTION 11. Approval of Additional Capacity to Issue Shares under ASX Listing Rule 7.1A That, pursuant to and in accordance with ASX Listing Rule 7.1A and for all other purposes, Shareholders approve an additional capacity of the Company to issue equity securities of up to 10% of the issued capit
Slide 40: Thank You!
THANK YOU! Titomic Investor Day Join us on Friday 26th February 2021 * Time and access details to be advised 40