Synertec Corporation Limited · ASX:SOP
Synertec — Shareholder Meeting (November 2022)
28 slides from Synertec's shareholder meeting presentation, Nov 29, 2022
Slide 1: 2022 Annual General Meeting
T +61 (0)3 9274 3000 Ground Floor Synertec Corporation Ltd info@synertec.com.au 2-6 Railway Parade, Camberwell ABN 37 161 803 032 www.synertec.com.au Victoria, 3124, AUSTRALIA www.synertec.com.au ASX Announcement 29 November 2022 Synertec Corporation Limited (ASX:SOP) 2022 Annual General Meeting Cha
Slide 2: Chair's Address – Mr. Dennis Lin
29 November 2022 Synertec Corporation Limited (ASX:SOP) 2022 Annual General Meeting Chair’s Address – Mr. Dennis Lin On behalf of the Board of Directors, I would like to welcome you to the 2022 Annual General Meeting for Synertec Corporation Limited. The 2022 Financial Year (‘FY22’) was a year of si
Slide 3: Chair's Address (continued)
Chair’s Address (continued) As we advance these technologies towards full commercialisation we remain committed to supporting our partners in the collective endeavour to deliver sustainable economic growth and support the clean energy transition. Synertec is authentic about our ESG impact Sustainabi
Slide 4: Chair's Address (continued)
Chair’s Address (continued) Michael will talk further about his observations of the US market for Powerhouse and how our technology is favourably positioned to benefit from that country’s substantial investment (USD $370 billion) in decarbonisation through the recent Inflation Reduction Act legislat
Slide 5: Managing Director's Presentation
Synertec Corporation Limited (ASX: SOP) 2022 Annual General Meeting 29 November 2022 Managing Director’s Presentation Mr. Michael Carroll Synertec Corporation Limited (ASX:SOP) | November 2022
Slide 6: Disclaimer
Disclaimer This presentation has been prepared by Synertec Corporation Limited (the Company) on behalf of the Company Forward looking statements, forecasts and estimates, by their very nature, involve known and unknown risks and and its subsidiaries (the Group). are subject to uncertainty and contin
Slide 7: About Synertec
About Synertec Synertec is a technology growth company: our Technology business has significant near-term growth potential with several products nearing commercialisation; and our growing Engineering business generates cashflow Technology Engineering We design, develop and deliver Our multi-discipli
Slide 8: Sustainable Business Focus
Sustainable Business Focus Synertec has adopted global reporting framework for its Environment, Social and Governance values to provide all stakeholders with greater transparency Environment Social Governance • Developing technologies to • Working with industry to reduce • Transparency and accountab
Slide 9: FY22 Financial Highlights
FY22 Financial Highlights Synertec Corporation Limited (ASX:SOP) | November 2022 5
Slide 10: FY22 Financial Highlights
FY22 Financial Highlights Balance sheet strength & responsible financial management supports near-term Technology commercialisation & growing Engineering business FY22 FY21 FY20 FY22 FY21 FY20 FY22 FY21 FY20 Balance Sheet ($M) ($M) ($M) Cash Flow Statement ($M) ($M) ($M) Profit and Loss ($M) ($M) ($
Slide 11: Technologies for a World in Transition
Technologies for a World in Transition Synertec Corporation Limited (ASX:SOP) | November 2022 7
Slide 12: Technologies for a World in Transition
Technologies for a World in Transition We are partnering with organisations looking to lead the charge in finding clean, cost-effective ways to execute their industrial processes while simultaneously reducing their carbon footprint. 1 2 3 Powerhouse LNG Custody Transfer Composite Dry Powder Predicti
Slide 13: Synertec Corporation Limited (ASX:SOP) | November 2022
Synertec Corporation Limited (ASX:SOP) | November 2022 9
Slide 14: Introducing Powerhouse
Introducing Powerhouse: The only electrification technology using Predictive Intelligence to create, control & deliver zero-emission industrial-scale continuous renewable energy • Powerhouse offers a cost-effective, mobile, 100% continuous electrical energy system that can be easily deployed via a s
Slide 15: Powerhouse offers significant advantages
Powerhouse offers significant advantages for zero-emission, remote, industrial scale, reliable, continuous 100% renewable energy Sustainable Cost-Effective Mobile & Scalable • 100% renewable • No “Green Premium”, • Allows for rapid mobilisation electrification reduces costs and demobilisation • No f
Slide 16: Powerhouse is in the Field and Scalable
Powerhouse is in the Field and Scalable SANTOS. ROMA, QUEENSLAND Santos is an ASX-listed Australian energy pioneer, one of the Top 20 largest global oil and gas companies, with an ambitious Climate Transition Action Plan. Santos requires renewable, controllable, continuous base load power on a cost-
Slide 17: Pathway to commercialisation
Pathway to commercilaisation Initial rollout of Powerhouse units is to be on brownfield sites to eliminate fossil-fuel generated power Phase Estimated Status Key developments include: Completion • Successful Factory Acceptance Testing in June 2022 Concept design Q4 FY21 Complete • Successful Site Ac
Slide 18: The Commercial Model – Australia and Beyond
The Commercial Model – Australia and Beyond Strong pre-tax cash flows over fixed long-term ‘BOOM’ agreement Construction and supply chain Roll-out strategy Revenue Model • Key component supply chain identified & • Initial orders can be supplied • Build-Own-Operate-Maintain confirmed promptly from ex
Slide 19: The Market Opportunity
The Market Opportunity Powerhouse can be utilised on remote sites globally and monitored and controlled from Melbourne, Australia Staged development and rollout program to drive growth across multiple target markets in Australia and United States CSG exploration & Mining exploration & Agriculture Ma
Slide 20: Powerhouse Variations
Current Potential Powerhouse Variations ‘The applications are limitless’ Micro-Grid Technology Grid Firming Technology Synertec Corporation Limited (ASX:SOP) | November 2022 16
Slide 21: Powerhouse Extends Beyond PV Solar Energy
Powerhouse Extends Beyond PV Solar Energy Solar is where we started, but it is just a small part of our plan for the future. Powerhouse is energy agnostic: the technology is designed to allow compatibility with other renewable energy sources. Hydro Hydrogen Grid Sync Wind EV Charge Solar Synertec Co
Slide 22: Synertec's USA visit locations & key meetings
Synertec’s USA visit locations & key meetings (November 2022) Three-weeks across the USA learning about clean energy initiatives and opportunities for our Powerhouse technology National Renewable Energy Laboratory Potential Commercial Major Global Banks & Partners Utilities San Francisco New York Ci
Slide 23: Our Other Technologies
Our Other Technologies Synertec Corporation Limited (ASX:SOP) | November 2022 19
Slide 24: LNG Custody Transfer System (CTS)
LNG Custody Transfer System (CTS) High precision Eliminates fugitive Leverage to Developing measurement Synertec-installed emissions - growing demand marine-based system for the land-based competitive for LNG as a solution with fiscal transfer of systems in place advantage marine fuel GasLog LNG Cur
Slide 25: Composite Dry Powder (CDP)
Composite Dry Powder (CDP) Potential to Enhances Treatment of Wider applications convert mud into operational safety Synertec has hydrocarbon in mining tailings non-polluting high- and lowers IP/supply licence drilling mud & and sewage strength building transportation from GreenTech wastewater sludg
Slide 26: Group Outlook
Group Outlook Synertec Corporation Limited (ASX:SOP) | November 2022 22
Slide 27: Investment Conclusion
Investment Conclusion Powerhouse technology progressing to Underpinned by deep technical & Robust balance sheet & financial commercialisation management skillset performance • Commercial agreements with Santos • Approaching 100 highly skilled • $7.8m of cash at hand (at 30 for prototype are complete
Slide 28: Michael Carroll David Harris
Michael Carroll David Harris Managing Director Executive Director | CFO | Company Secretary M: +61 419 351 676 M: +61 434 408 668 E: michael.carroll@synertec.com.au E: david.harris@synertec.com.au Head Office - Ground Floor, 2-6 Railway Parade, Camberwell, VIC, 3124 Tel: +61 3 9274 3000 Perth Office