Calix Ltd. · ASX:CXL
Calix — 14th Australian Microcap Investment Conference 2025
19 slides from Calix's conference presentation, Oct 21, 2025
Slide 1: Calix Presentation – 14th Australian Microcap Investment Conference
ASX Announcement 21 October 2025 Calix Presentation – 14th Australian Microcap Investment Conference, Melbourne Sydney, Australia | 21 October 2025 – Australian environmental technology company, Calix Limited (ASX: CXL) (“Calix”) is pleased to share a copy of its presentation to the 14th Australian
Slide 2: Solving global challenges in industrial electrification and decarbonisation
For personal use only Calix Limited Solving global challenges in industrial electrification and decarbonisation Dr Phil Hodgson Managing Director & Chief Executive Officer 14th Australian Microcap Investment Conference 21 October 2025 calix.global MARS IS FOR ASX:CXL QUITTERS
Slide 3: Important Disclaimer
Important Disclaimer This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). only as of the date of this presentation. Subject to any continuing obligations under applicable law, the Company SUMMARY INFORMATION disclaims any obligation or undertaking to provide any upd
Slide 4: About Calix
Electrification of industrial processing SOLVING GLOBAL Capture of unavoidable emissions About Calix CHALLENGES Sustainable environmental solutions For personal use only Calix Limited is a technology company solving global challenges in industrial electrification and decarbonisation. ~100 EMPLOYEES
Slide 5: Calix's core platform technology
Calix’s core platform technology A new way to “heat stuff up” Fine particles What separates our technology Gas Output from traditional methods of mineral For personal use only for processing processing? “ Energy Agnostic” • traditional fuels, electric, alternative Hot tube fuels radiates heat • elec
Slide 6: FY25 Financial Highlights
FY25 Financial Highlights REVENUE GROWTH COSTS REDUCED CASH RUNWAY EXTENDED For personal use only FY25 REVENUE, INTEREST & FY25 OPEX REDUCTION OTHER INCOME $ 33.9m 23% CASH ON HAND (FY24: $30.5m) 11% Reduced cost base from 1H25 to 2H25 $ 23m (30 June 2024: $43m) MAGNESIA PRODUCT & SERVICES REVENUE F
Slide 7: Global policy support driving industrial decarbonisation
Global policy support driving industrial decarbonisation Challenging global market conditions continue, however some tailwinds remain. Latest news… For personal use only Europe US Australia and Asia Innovation Fund1 45Q CCUS Tax Incentives AU$1b Green Iron Investment Fund5 • €40b expected funding fr
Slide 8: Why our technology is targeting more than just carbon abatement
Why our technology is targeting more than just carbon abatement… The need for energy flexibility Calix’s technology and energy flexibility Energy flexibility = value COMBUSTION ELECTRIC For personal use only HYBRID HEATING HEATING HEATING • Energy grids have an increasing Decreasing ELECTRICITY USE
Slide 9: Calix Technology proven at pilot and demonstration scale
Calix Technology proven at pilot and demonstration scale Our pilot and demonstration plant builds to date… For personal use only CFC15000 Leilac-1 BatMn Reactor Thor’s Hammer Bacchus March, VIC, AUS Lixhe, Belgium Bacchus Marsh, VIC, AUS Bacchus Marsh, VIC, AUS Built – 2013 Built – 2019 Built – 2019
Slide 10: Towards Commercial Demonstration
Towards Commercial Demonstration Several projects underway across multiple industries Lithium Lime Iron & Steel For personal use only Cement Illustration Mid-Stream Leilac-2 Project ZETA ZESTY Green Iron (Leilac technology) Demonstration Plant Heidelberg Materials Location – South Australia Demonstr
Slide 11: Calix recognition on the global stage
Calix recognition on the global stage ZESTY wins COP29 global ZESTY project wins at HILT Calix wins Next Gen Award Net-Zero Industry Award CRC 2024 Annual Conference For personal use only HILT CRC • The Project “Testing of Australian iron ores in a • The Decarb Next Gen Awards 2025 recognises • The
Slide 12: Calix Group Structure & Applications
Calix Group Structure & Applications One core platform technology with multiple applications for global industries For personal use only Business line Carbon Capture Sustainable Processing Magnesia Business subsidiary JOINT VENTURE Application Cement & lime Direct Air Capture Lithium Alumina Iron &
Slide 13: Projects Underway
Projects Underway Indicative project & revenue timeline and updates TIMELINE (calendar year) Project / Business Partners Industry For personal use only Product 2023 2024 2025 2026 2027 2028 ?? ?? Leilac-2 Cement Permitting taking time – Targeted financing / Target first license revenues Secured gr
Slide 14: Application – Cement & Lime Carbon Capture
Business Line Application – Cement & Lime Carbon Capture Production of low-carbon lime & cement Partners1 and Customers Our targeted technology benefits For personal use only Low-cost capture of CO2 emissions Hybrid electric-fuel technology to enable grid load-balancing, lower energy costs Low-impac
Slide 15: Application – Iron & Steel Sustainable Processing
Business Line Application – Iron & Steel Sustainable Processing Production of green iron Partners1 Our targeted technology benefits For personal use only Minimum hydrogen use Flexible operations & energy use Compatible with fines & lower-grade ores 2 No pelletisation No fossil fuel requirement No ca
Slide 16: Application – Alumina Sustainable Processing
Business Line Application – Alumina Sustainable Processing Production of green alumina Partners Our targeted technology benefits For personal use only Electric calcination replaces emissions intensive combustion of fossil fuels 1 Renewable energy sources and grid load balancing applications Precise
Slide 17: Application – Lithium and Critical Minerals
Business Line Application – Lithium and Critical Minerals Sustainable Processing Production of lithium phosphate salts at the mine site Partner PLS & Calix targeted technology benefits For personal use only Concentrated lithium product at the mine site Mid-Stream Demonstration Plant with Pilbara Low
Slide 18: Application – Water Treatment Magnesia
Business Line Application – Water Treatment Magnesia Production of magnesium hydroxide for water treatment Scope Scope Our targeted benefits For personal use only Cost-effective caustic soda replacement USA locations Safe & non-toxic, non-hazardous & non- Ripon, Wisconsin corrosive Muscatine, Iowa A
Slide 19: Q&A
For personal use only Q&A Investor Relations investorrelations@calix.global Because there is only one earth Mars is for quitters
Calix — 14th Australian Microcap Investment Conference 2025 on 6ix