Impact Coatings Ab · OMXSTO:IMPC
Impact Coatings Ab — Shareholder Meeting (May 2025)
39 slides from Impact Coatings Ab's shareholder meeting presentation, May 21, 2025
Slide 1: CEO presentation – Annual General Meeting May 21, 2025
CEO presentation 5 Annual General Meeting May 21.2025 IM-ACT GOATINGS
Slide 2: Agenda
Agenda 1 Recap of 2024 2 Company and strategy overview 3 Technology to meet the strategy 4 Summary IMPACT COATINGS
Slide 3: Key Takeaways - 2024
Key Takeaways - 2024 ° Strong growth despite market challenges * China driving development ° Successful delivery strategy, |C2000 strengthens its position ° Scalable business model well suited for a developing market ° A stable organization and new facilities ° Foundation laid for profitable growth
Slide 4: 2024 in Brief
2024 in Brief * Net sales SEK 109.9 million (98.4) * Net sales, excluding metals for electrolysis, SEK 109.6 million (88.8) * Operating income SEK 102.4 million (89.0) * Operating result SEK -31.3 million (-33.9) * The company’s highest annual net sales to date, of which SEK 74.0 million (51.9) from
Slide 5: Significant Growth Over Time, R12 Sales SEK Million in Q1 2025
Significant Growth Over Time, R12 Sales SEK 115 Million in Q1 2025 Net Sales - Quarterly and Rolling 12 Months 140 120 100 80 60 40 odd | 11 1 I. _L.walat. ...I11 | = | Q4 Qt Q2 Q3) 4 QI G2 QB 4) QI 2 G3: 4 QI G2 3 4) QI O22 Q3 4 QI 2 3 4 2019 2020 2021 2022 2023 2024 2025, mmm Q) Net Sales —®—R12 N
Slide 6: Company and Strategy
Company and Strategy IM- AGT
Slide 7: Strategic Focus in Fast Growing Markets
Strategic Focus in Fast Growing Markets Green Energy Sustainable Mobility Radomes Antennas Our strategic applications and business areas Metallization Solutions IMPACT COATINGS
Slide 8: PVD | Physical Vapor Deposition
PVD | Physical Vapor Deposition ° PVD take place in vacuum Vacuum __ ° Solid material from the so-called chamber target is vaporized by a plasma ° The vapor can be mixed with other _ gases to create new materials Inert gas Sputtering gas ° The new material will form a thin Target Sputtered atoms To
Slide 9: Impact Coatings in Brief
Impact Coatings in Brief Global Sales and Coating Service Centers Company facts Sweden (Linkdping) HQ & CSC arenes EE) Founded 1997 (] HQ: Linképing, Sweden fly China & US Germany P &” Sales Office nl Subsidiary Us Sales Office China Sales Office & . " Bod Global Sales planned CSC : i, Sales Office
Slide 10: The Hydrogen Society - an Emerging Market That Drives Expansion
The Hydrogen Society - an Emerging Market That Drives Expansion a. \e fal INDUSTRY AGRICULTURE rms arn RENEWABLE ENERGY ELECTROLYSIS TRANSPORTATION HYDROGEN WEnieLES STORAGE = LAST MILE DELIVERY ofr ) am RESIDENCES SHIPPING IMPACT COATINGS
Slide 11: PEM Electrolyzers and Fuel Cells Contain Metal Plates that Need Coatings
PEM Electrolyzers and Fuel Cells Contain Metal Plates that Need Coatings Electrolyzer: 4 = (H,) Fuel Cell: (Hy) = 4 |* Metal separator plates require high-performance coatings for good electrical properties and protection. '* You could say that the coating sets the performance of the complete system
Slide 12: IC2000 is the Core in Our Offering
IC2000 is the Core in Our Offering - both for Electrolyzers and Fuel Cells COATINGS
Slide 13: Flexible Delivery Models
Flexible Delivery Models Offering Details Location Operator : . Flexible Coating Services performed tH Coating Services in Impact Coatings’ facilities - ‘ Manage at the customer's site with “ QQ Managed Services Impact Coatings’ team fen Customer en : Coating performed in-house by ead i (igre Machin
Slide 14: Machines are Made in Sweden
Machines are Made in Sweden In-house assembly of the machines New facility in Linképing inaugurated in Q4 2024 Initial capacity of one machine per month
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Slide 21: Coating Services in Sweden and China
Coating Services 4 in Sweden and China m SN, : * Coating services in Linképing (Sweden) and Shanghai (China) to support local markets ° Sweden focuses on customer samples ° Shanghai focuses on fuel cell series - production ° Ready to set up coating service center in US |
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Slide 29: Strategy
Strategy IM- AGT
Slide 30: The Push-Pull Strategy
The Push-Pull Strategy r= > © BOSCH FIXT q My CE ©) teas (- fp FEINTOOL Brose 6 > Ellir k28e (4) wes: (- ~ IMPACT GOATINGS \ SJ Logos are just examples of players in the Chinese fuel cell ecosystem The Push-Pull strategy is one of the strongest to drive sales and maintain premium pricing But for the
Slide 31: Push and Pull with One of the Big Players - FTXT
Push and Pull with One of the Big Players - FTXT a Subsidiary to Great Wall Motors
Slide 32: We Strive to Become Market Leader in the Hydrogen Coatings Market
We Strive to Become Market Leader in the Hydrogen Coatings Market * Electrolyzers and Fuel Cells ° Must be relevant to the end-user PEM electrolyzers * Technologies that makes us relevant ° Advanced multi-layer fuel cell coatings * Advanced SOFC/SOEC coatings AEM electrolyzers * Iridium oxide based
Slide 33: Technology to Meet the Strategy
Technology to Meet the Strategy IM- AGT
Slide 34: Ceramic MAXPHASE and Premium FC Coating
Ceramic MAXPHASE™ For mid-end PEM fuel cell applications * Good corrosion resistance ° Low interfacial contact resistance * Competitive cost >10 000 hours durability PEMFC mono- and bipolar metal plates Substrate: Stainless steel 316L Thickness: Up to 0.2 um CONTACT RESISTANCE BPP's must have low co
Slide 35: Encouraging Results With Solid Oxide Applications
Encouraging Results With Solid Oxide Applications Expanding our offering to SOFC (solid oxide fuel cell) and SOEC (solid oxide electrolyzer cell) SOFC/SOEC is suitable for stationary applications. Test results have proven coating performance Extends technology portfolio beyond PEM (proton exchange m
Slide 36: Focused R&D on Iridium Oxide
Focused R&D on Iridium Oxide Background » Weare already coating so called PTLs with platinum * By adding the catalytic iridium oxide layer to our offering, seat we expand our market Why is iridium interesting? * The world production of iridium is only 7000 to 9000 kg &* per year * To make a standard
Slide 37: Summary
Summary IM- AGT
Slide 38: Summary
Summary Our products and services are easy to buy We address key challenges in the hydrogen market Good company-market fit Technology leadership in advanced coatings
Slide 39: IMPACT
IMPACT COATINGS