Slide 1: June 2022
June 2022 (a hadrianx 2 ay.
Slide 2: FBR designs, develops, builds and operates dynamically stabilised robots
• FBR designs, develops, builds and operates dynamically stabilised robots • FBR’s flagship product, Hadrian X®, is the world’s most advanced construction robot • Capable of building the walls of brick or block houses in as little as a day, Hadrian X® is designed to produce brick structures safer, f
Slide 3: Capital structure
Capital structure (as per last ASX disclosure on 16 May 2022) Directors Ordinary shares on issue 2.4b Richard Grellman Non-Executive Chairman Average daily volume (last 3 months) 2.0m Grant Anderson Non-Executive Director Greg Smith Non-Executive Director Gross cash and receivables $11.0m Nancy Miln
Slide 4: FBR has the most compelling technology in robotic construction
• FBR has the most compelling technology in robotic construction and it is widely accepted that automation is the future of the construction industry • Hadrian X® is the only solution that is fully mobile without sacrificing utility, versatility, de-automation or speed of completion • Minimal mobili
Slide 5: Record sales
• Record sales – receipts from customers for the 9 months of FY22 of $736,000, a 6,000% YoY increase • Completed builds for customers – Walls completed on four residential, two low-rise commercial structures, with another 16 residential structures in progress • Pipeline of 24 confirmed upcoming and
Slide 6: Health and Safety
® HEALTH AND SAFETY • Removes the repetitive work, stress and injury including sprains and strains from the industry that many bricklayers suffer from due to years of hard labour • Removes all manual labour from construction site during structure build (except minimal FBR quality control interaction
Slide 7: Environmental
® ENVIRONMENTAL • A much cleaner site with no materials dispersed across the build zone and removal of site hazards • Reduced waste and exposure to environmental incidents. H01 zero waste sequenced pallet capability massively reduces waste produced on site and cost of waste removal • No sand, cement
Slide 8: Operational
® OPERATIONAL • Block laying speed significantly faster than manual labour (assuming scarce manual labour is even available) • Greater accuracy and repeatability than human bricklaying • Build cost significantly reduced through faster build, greater predictability, greater accuracy and reduced waste
Slide 9: Block Type Laying Speed (blocks p/hr)
® The larger the block used, the more economical the Hadrian X® becomes and the greater the benefit passed on to WaaS® customers. The costs below are direct laying costs and exclude all the other ancillary benefits enjoyed by the customer derived from the Hadrian X® from its improvements to safety,
Slide 10: H110 - WA Amount Units
® H110 - WA Amount Units WaaS Revenue (Laying and Blocks) $85 $/ vertical square meter WaaS Revenue (Laying and Blocks) $7.1 $ million / Hadrian per year Hadrian Direct costs (Blocks, labour, adhesive, operations and -$3.1 $ million / Hadrian per year maintenance) Hadrian Indirect costs (Hadrian lea
Slide 11: Job Type Standard Brick Equivalents (SBEs)
Job Type Standard Brick Equivalents (SBEs) Dayton Single Residential (now occupied) 13,759 Byford Single Commercial (now occupied) 20,300 Amberton Beach Single Commercial (now occupied) 36,496 Wellard #1 Single Residential (FBR inventory) 19,008 Wellard #2 Single Residential (FBR inventory) 23,900 W
Slide 12: Liebherr-Mischtechnik
• Liebherr-Mischtechnik is a division of the Liebherr International Group, one of the world’s largest, most diverse and highly regarded equipment manufacturers • FBR and Liebherr have an MOU in place to collaborate on the delivery of the next-generation Hadrian X® • The MoU consists of two phases of
Slide 13: Mechanical assembly of the first next-generation Hadrian
• Mechanical assembly of the first next-generation Hadrian is underway and scheduled for completion at the end of September 2022 • Full commissioning expected in March 2023 • Next-generation Hadrian targeting lay rate in excess of 500 blocks per hour • Handles block types up to 600 x 400 x 300mm (23
Slide 14: WaaS
® • WaaS® is the servitisation and digitalisation of the old way of selling bricks and manual bricklaying labour separately • WaaS® is sold as a fixed price single delivered service to customers • The WaaS® operating entity supplies the blocks and robotically constructs walls onsite to the precise s
Slide 15: Wall as a Service operating entities
WaaS® Operating Company (Europe) Estimated number of low-rise houses currently built per year: 693,000 WaaS® WaaS® Operating Company Operating Company (UAE & KSA) (North America) Estimated number of low-rise Estimated number of low-rise houses currently built per year: houses currently built per yea
Slide 16: Strategic partners can access equity in local operating entities
• Strategic partners can access equity in local operating entities by purchasing Hadrian X® robots from FBR and supplying those machines to WaaS® operating entities, allowing for rapid, capex-free scaling for FBR • Operating entity profits for local partners will be invested in growing the fleet of
Slide 17: Mechanical completion of first next-generation Hadrian
• Mechanical completion of first next-generation Hadrian by 30 September 2022 • Complete committed builds in pipeline, then reduce build activities until next- generation Hadrian is online • Full commissioning of first next-generation Hadrian by 31 March 2023 • Second next-generation Hadrian complet
Slide 18: Important Notice
Important Notice This presentation has been prepared by FBR Limited. This document contains background information about FBR Limited which is current as at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should condu