American Battery Technology Company · NASDAQ:ABAT
American Battery Technology — Investor Presentation (September 2023)
25 slides from American Battery Technology's investor presentation, Sep 13, 2023
Slide 1: American Battery Technology Company Investor Presentation Fall 2023
> ABTC -_ AMERICAN BATTERY TECHNOLOGY COMPANY Investor Presentation Fall 2023
Slide 2: Forward-Looking Statement
Forward-Looking Statement This presentation contains “forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are “forward-looking statements." Although the Am
Slide 3: ABTC's Differentiation
ABTC’s Differentiation a unique value proposition integrating both primary and secondary battery materials leveraging new technologies within North America ABTC is facilitating the transition to a circular, low carbon energy economy One Strategy, * The recycling site capitalizes on proven market-rea
Slide 4: Leading the Transition: One Strategy, Two Delivery Methods
Leading the Transition: One Strategy, Two Delivery Methods ABTC applies its expertise across three business activities to supply the market with domestic, low-cost, and low-environmental impact battery materials. Lithium-ion Waste as a resource combined with strategic de-manufacturing Battery Recycl
Slide 5: Key Strategic Market Factors
Key Strategic Market Factors v Rapidly growing battery market with supply unable to keep up with demand v Energy transition to an environmentally-friendly supply ro v Dearth of U.S. sourced battery metals to qualify for IRA credit v Current domestic supply of battery metals challenged due to securit
Slide 6: Market for Battery Metals: Large with Accelerating Growth
Market for Battery Metals: Large with Accelerating Growth Global demand for Lithium to surpass $150B by 2030. IRA has created multiple growth accelerants. Lithium-ton Battery Pack Demand. Lithium-lon Battery Demand for Metals Million Metric Tons Demancl(BWh) 20 40.000 16 30.000 r ; a i 20.21 22 23 (
Slide 7: Proliferation of Battery Manufacturing Projects in the U.S. and Canada
Proliferation of Battery Manufacturing Projects in the U.S. and Canada without Surety of Supply Existing and Announced Projects >1 GWh (“Gigafactoi Wh ‘ JON ELECTRIC @icEnergy Soliton YJ reverse @ i IM3NY Celta we Bi woe = & ® one wrinos QFREYR CATE caton 5 [cA 10+ GWh TESLA Uultium=scells @Lotregys
Slide 8: Lithium Carbonate Battery Metals Prices 2015-2023
| Lithium Carbonate Battery Metals Prices 2015-2023 Lithium prices have increased significantly with continued strong demand 100) Metal price (Index, Jan 2017 700 600 400 300 200 100 T 2017 140 120 100 80 40 20 102 ‘xepu)) oud Auoneg (oot Sources IEA analysis based on material price data by S&P (202
Slide 9: Electric Battery Value Chain
v Nickel ore Cobalt Ore Lthium ore Manganese Graphite Po iteeren pate! > _tomian Slectoyte 5 uthium Metal Oxide casita, [> cathodes T—> Electrolytes Ce SU Anode () Luthium-carbon (Graphite) Lithium fon | Management Electric Battery Value Chain The battery recycling market will be essential to combat
Slide 10: Security of Supply, Cost of Supply, Environmental Impact of Supply
Security of Cost of Environmental Supply Supply Impact of Supply » ttt @ <1% Of global battery materials PEt Shared alongside, and mining practices are produced by USA supply scarcity harmful to the environment
Slide 11: The Solution: Circular and Domestic Battery Materials Supply Chain
The Solution: Circular and Domestic Battery Materials Supply Chain Battery Cells £Vs, Stationary storage, Consumer Electronise » Arobust and cost-competitive battery recycling industry can make a meaningful impact on near- _,Active/Inactive term domestic supply » However, recycling alone cannot meet
Slide 12: First-of-Kind, In-House Technology Validation: Four U.S. DOE Grant Awards
First-of-Kind, In-House Technology Validation and Investments: Four U.S. DOE Grant Awards Leveraging various government funding programs to advance sustainable battery technology, reduce dependence on imported critical materials, develop domestic refining capabilities, and create a circular battery
Slide 13: Primary Lithium Manufacturing: $115M DOE Award
i: Well, we're happy you're doing it and happy for your innovation. Thank you. > Mr. Melsert: And again, like | said, and the country are taking this ti with us. First-of-Kind, In-House Technology Validation and Commercialization: Primary Lithium Manufacturing In October 2022, ABTC was selected for
Slide 14: Lithium-Ion Battery Recycling
Lithium-lon Battery Recycling Battery Cells Active/inactive Refined Materials Chemical Refiners Battery Grade Metal Feedstocks i, Ni, Co, Mn EVs, Stationary storage, ‘Consumer Electronics Second Life Applications Lithium-Ion Battery Recycling Primary Battery Metals Manufacturing Mineral Resource Dev
Slide 15: Commercialization of Integrated Lithium-Ion Battery Recycling Technologies
» » Commercialization of Integrated Lithium-lon Battery Recycling Technologies Commercial-scale battery recycling facility that is expected to process over 20,000 MT/year of battery materials, located in the Tahoe-Reno Industrial Center (TRIC) near Reno, NV, to implement commercial operations of its
Slide 16: Our Integrated Battery Recycling Process
Our Integrated Battery Recycling Process =» » Structural Automated Materials — Selective 9) DeManufacturing Leaching Nickel Sulfate Battery 4 PacksiModules 5 aa : Selective Impurity Removal Cobalt Sulfate Battery Cells, Selective Transition Metal Recovery Separation/ a Manganese San) \sultate _) Ele
Slide 17: Our Recycling Technology is Unique with Better Outcomes
Our Recycling Technology is Unique with Better outcomes ABTC’s De-manufacturing & Hydromet Process Technology Automated De-manufacturing + Mechanical Shredding + Pyrometallurgical, Targeted Hydrometallurgical Bulk Hydrometallurgical mechanical, thermal Specific CapEx Low High High Specific OpEx Low
Slide 18: Primary Metals Resource Development and Extraction
Primary Metals Resource Development and Extraction
Slide 19: Domestic-US Lithium Deposit Overview
» » Utah Brine _®@ ne Nevada Claystone Salton Sea Geothermal Brine Domestic-US Lithium Deposit Overview ABTC has 517 unpatented lode mining claims covering approximately 10,340 acres of unique claystone deposits located near Tonopah, Nevada Today, nearly all lithium products are produced from conven
Slide 20: Domestic Supply is Critical and ABTC Owns Rights to One of the Largest Known Lithium Deposits
Domestic Supply is Critical and ABTC Owns Rights to One of the Largest Known Lithium Deposits in the U.S. “RESPEC concludes that the ABTC Tonopah Flats lithium project is the largest known lithium project in the US ... “ » RESPEC, served as a Qualified Person and published an SK- 1300 Compliant Maid
Slide 21: Experienced Management Team
Experienced Management Team Executive Team comstock Ryan Melsert Andrés Meza Jesse Deutsch Scott Jolcover CEO/CTO/ Chairman C00 / Board Secretary CFO Chief Resource Minerals Officer Independent Directors eee Directors aAMAGNA voratoune <P> A Julie Blunden Rick Fezell Beth Lowery ‘Sherif Marakby SUNP
Slide 22: Next Steps: Key Milestones and Targeted Next Steps
Next Steps 2022 - 2023 2019 - 2021 Recycling Commercial Recycling Facility - Phase 2 Additional plants (Co-located or Standalone) Commercial Recycling Facility Operations — Phase 1 Commercial Recycling Facility Commissioning $10M US DOE Grant for $20M Project $500K USABC Grant for $2M Project + Won
Slide 23: ABTC Investment Thesis is Solid
ABTC Investment Thesis is Solid Proof Points ABTC is working to achieve US Government permitting to initiate mine operations (DOE leading is highly beneficial). - » ABTC is working scale innovative technologies in its commercial facilities for both recycling and claystone extraction » Downstream man
Slide 24: Key Investment Highlights
Key Investment Highlights Y Uniquely positioned as a leader in developing primary and secondary sources of battery metals as a critical piece of the closed loop battery economy and capitalizing on the explosive market growth which is set to surpass $150B in 2030 v Recycling: Expanding commercializat
Slide 25: Thank You
(775) 473-4744 info@batterymetals.com T h rs | n k Yo u ® www. americanbatterytechnology.com my 100 Washington Street, #100, Reno, NV 89503
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