Hexagon Purus ASA · OSL:HPUR
Hexagon Purus ASA — Q2 2021 Earnings Presentation
26 slides from Hexagon Purus ASA's earnings presentation, Aug 10, 2021
Slide 1: Hexagon Purus Q2 2021 Presentation
HEXAGON PURUS Q2 2021 PRESENTATION 10 AUGusT 2021 MorteEN HOLum, CEO DILIP WARRIER, CFO HEXAGON PURUS
Slide 2: Disclaimer and important notice
Disclaimer and important notice This company presentation (the “Presentation”) has been prepared by Hexagon Purus ASA (“Purus” or the “Company”). The Presentation has not been reviewed or registered with, or approved by, any public authority, stock exchange or regulated marketplace. The Company make
Slide 3: Agenda
Agenda 1 2 3 HIGHLIGHTS FROM FINANCIALS OUTLOOK AND Q&A Q2 2021 PURUS 3 (HEXAGON
Slide 4: 4 HEXAGON
4 HEXAGON PURUS
Slide 5: Key highlights from Q2 2021
Hexagon Purus (HExAgon Key highlights from Q2 2021 Q2'21 REVENUES! 94M © +104% YTD'21 REVENUES! 146M © 454% STRONG IMPORTANT ACCELERATING YEAR-OVER-YEAR CONTRACT WINS EFFORTS WITHIN REVENUE GROWTH AND ROBUST THE ZERO EMISSION COMMERCIAL MARITIME SEGMENT ACTIVITY 5 ‘in Nok
Slide 6: Broad-based revenue growth in Q2'21
Broad-based revenue growth in Q2'21 HEXAGON Purus, GROUP REVENUES | NOKM Solid revenue uptick year-over-year: Increase in deliveries of hydrogen distribution cylinders and modules to Everfuel and large industrial gas companies 28 Solaris, Caetano and New Flyer 46 drive increased activity in transit
Slide 7: Multi-year global supply agreement with Air Liquide
Multi-year global supply agreement with Air Liquide, in addition (He to national agreement in a key hydrogen region Air Liquide ® ) NATIONAL EXCLUSIVITY GLOBAL SUPPLY AGREEMENT AGREEMENT 5-year exclusivity Preferred supplier of type 4 agreement (as part of hydrogen cylinders global agreement) for hy
Slide 8: Vehicle Group order for zero emission trucks in California
Vehicle Group ehicles in Californi - | Taal All commercial trucks and vans sold in California are to be zero emission by 2045 HPUR to deliver turn- key integrated battery packs and electric drivetrains for up to 100 zero emission electric medium-duty trucks First deliveries expected to take place in
Slide 9: Strong strategic rationale for hydrogen in maritime application
(HEXAGON PURUS Strong strategic rationale for hydrogen in maritime application Hydrogen can revolutionize the decarbonization efforts for maritime transportation — IMO targets reduction in greenhouse gas emissions by 40% in 2030 and 50% by 2050! The establishment of Hexagon Purus Maritime marks the
Slide 10: Zero emission maritime solutions represent a large opportunity
Zero emission maritime solutions represent a large opportunity for Hexagon Purus — involved in several projects already EsTIMATED NUMBER OF NEW COMPRESSED HYDROGEN VESSELS GLOBALLY... - TRANSLATING INTO A LARGE MARKET OPPORTUNITY FOR HPUR Northern Europe [lll East Asia Il Rest of Europe I North Amer
Slide 11: Joint venture preparations with CIMC Enric are progressing well
Slide 12: Ground-breaking of new manufacturing facility in Kelowna, Canada
Ground-breaking of new manufacturing facility in Kelowna, Canada Ground-breaking in July of new ~60,000 square foot highly automated manufacturing facility and technical center of excellence in Kelowna, Canada for production of battery packs and hydrogen storage systems Important step to support and
Slide 13: Nine confirmed cases reported in 2021 YTD
Nine confirmed cases reported in 2021 YTD All production facilities have remained open during the quarter Remaining vigilant and ready to deploy additional counter measures if required Long lead times on certain key cylinder and electric components, lithium-ion battery cells and production equipment
Slide 14: Financials
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Slide 15: Financial highlights | Q2 2021 and LTM
Financial highlights | Q2 2021 and LTM Hexagon Purus e-mobility (excl. CNG LDV) ~ i ar20 Q2'20 Q3'20 Q4'20 qrzi azz 2020 LM 221 15 HEXAGON PURUS
Slide 16: Revenue split by application
. _. HEXAGON Revenue split by application Hexagon Purus e-mobility (excl. CNG LDV) Q2 2021 vs. Q2 2020 YTD 2021 vs. YTD 2020 Hydrogen storage systems, battery packs and EV &) () ) dhicheaintntasetien Hydrogen distribution modules Other 10% “oheay i a 1% vehicles Hydrogen cylinders and storage system
Slide 17: Balance sheet | Q2 2021
Balance sheet | Q2 2021 Hexagon Purus e-mobility Assets |NOKm Equity & Liabilities | NOKm _ m2 ~ 552 1,246 CASH AND CASH 892 EQUIVALENTS: NOK 892m 2,095 1,629 1,445 ) 31 December 2020 30 June 2021 Il Fixed assets Ill Receivables [lll Other current assets MM cash Inventory Assets held for sale 7 31 D
Slide 18: Cash flow | YTD 2021
Cash flow | YTD 2021 Hexagon Purus e-mobility NOKm r 7354 1,246 “215 Cash outflow from operations include c. NOK 126m in increase in “45 working capital 9m ) -25 CNG LDV (discontinued operations) drove NOK 25m of cash outflow Cash balance Cash flow from Cash flow from Cash flow from FX Discontinued
Slide 19: Outlook and Q&A
HEXAGON PURUS
Slide 20: Several ambitious emission targets have been launched so far in 2021
Several ambitious emission targets have been launched so far in 2021 - transportation sector is in focus NET ZERO COMMITMENT 2030 TARGETS New target aims at 50-52% reduction in US greenhouse gas pollution vs. 2005 20 55% reduction in CO, emissions for new passenger vehicles by 2030 vs. 2021 All new
Slide 21: Outlook remains strong for rest of 2021 and beyond
Outlook remains strong for rest of 2021 and beyond 2 DEMAND FOR HEXAGON Purus’ ZERO EMISSION MOBILITY SOLUTIONS CONTINUES TO BE ROBUST PREPARATIONS FOR HIGH-VOLUME PRODUCTION CONTINUES; INVESTMENTS WILL CONTINUE TO IMPACT PROFITABILITY GOING FORWARD HEXAGON PURUS. WELL ON TRACK TO DELIVER >50% REVEN
Slide 22: Q&A
Q&A HEXAGON PURUS
Slide 23: Appendix
Slide 24: Financial statements | P&L
24 Financial statements | P&L Hexagon Purus e-mobility (excl. CNG LDV) INCOME STATEMENT (NOK 1000) 22021 2.2020 First-half 2021 First-half 2020 FY 2020 Revenue from contracts with customers 93.921 45101 145 339 93220 178 121 Other operating income 156 992 270 1141 1693 Total revenue 9407 46.093 145
Slide 25: Financial statements | Balance sheet & cash flow
25 Financial statements | Balance sheet & cash flow Hexagon Purus e-mobility (excl. CNG LDV) BALANCE SHEET (NOK 1000) 30.06.2021 30.06.2020* 31.12.2020 CONDENSED CASH FLOW (NOK 1000) First-half 2021 5 Profit before tax from continuing operations 169053, Property, plant and equipment 95530 105 831 76
Slide 26: Investor relations information
Investor relations information EXCHANGE INFORMATION | ‘SHARE TRADING STATISTICS iit = + TICKER SYMBOL: HPUR * ISIN: NO0010904923 NOK ~6bn ~4,900 + EXCHANGE: EURONEXT GROWTH OSLO MARKET CAPITALIZATION! INVESTOR BASE’ ‘SHAREHOLDERS ‘HPUR - : eurantaT NOK ~14m 74.7% GROWTH DAILY TURNOVER? OWNED BY HEXA