Calix Ltd. · ASX:CXL
Calix — Investor Presentation (September 2021)
27 slides from Calix's investor presentation, Sep 16, 2021
Slide 1: LEILAC Group Investor Presentation
ASX Announcement 16 September 2021 For personal use only LEILAC Group Investor Presentation Sydney, Australia | 16 September 2021: Multi-award-winning Australian technology company Calix Limited (ASX: CXL) (“Calix” or the “Company”) is pleased to provide the investor presentation which the Company’s
Slide 2: About Carbon Direct LLC and About Calix
About Carbon Direct LLC Carbon Direct provides both scientific advisory services and investment capital to the carbon removal & utilization ecosystem. Our advisory business works for clients to fulfill their carbon removal & utilization For personal use only commitments. Carbon Direct's team of worl
Slide 3: Carbon Direct Investment into LEILAC Technology
Carbon Direct Investment into LEILAC Technology For personal use only Calix Limited Solving global challenges September, 2021 1
Slide 4: Important Disclaimer
Important Disclaimer This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). INVESTMENT RISK For personal use only An investment in Calix securities is subject to investment and other known and unknown risks, some of which are beyond the control of Calix, SUMMARY INFOR
Slide 5: We believe our responsibility starts at home
For personal use only We believe our responsibility starts at home. That’s why we’re driven to use our unique technology to repair, preserve and prevent future harm to it. Mars is for quitters Because there’s only one Earth, and it’s already ours. 3
Slide 6: Calix Limited is developing multiple environmental business opportunities
Calix Limited is developing multiple environmental business opportunities For personal use only CO2 Advanced Water Biotech Sustainable Processing Mitigation Batteries Water Treatment Cement Crop Protection Advanced Mineral and Cathode & Anode chemical Aquaculture Lime Marine Coatings materials proce
Slide 7: Our core technology platform
Our core technology platform… A PATENTED PLATFORM TECHNOLOGY WITH 3 KEY FEATURES For personal use only 1. CO2 capture A New Type of Kiln... When processing limestone, gas exhaust is high purity CO2 The “Calix Flash Calciner” 25 patent families covering core technology and applications 3. Renewable >
Slide 8: Our CO2 business: pilot-proven and funded to demonstration scale
Our CO2 business: pilot-proven and funded to demonstration scale POTENTIAL LOWEST COST CEMENT AND LIME CO2 SOLUTION For personal use only Project Pipeline If… Project Detailed Pre FEED / FID + …LEILAC was proven the “best available technology” Initial Scoping Scoping / FEED Operational by 2025… Disc
Slide 9: Carbon Direct Invests into LEILAC Technology
For personal use only Carbon Direct Invests into LEILAC Technology 7
Slide 10: Carbon Direct has invested €15m into Calix's LEILAC business
Carbon Direct has invested €15m into Calix’s LEILAC (CO2) business FUNDS WILL BE USED TO ACCELERATE DEPLOYMENT OF LIME AND CEMENT DECARBONISATION TECHNOLOGY For personal use only Bacchus Marsh CFC Facilities Water Business AUS / NZ / SEA Calix Limited Carbon Direct Biotech, Sustainable Processing, (
Slide 11: Calix to earn licensing income regardless of equity
Calix to earn licensing income regardless of equity 30% OF ALL LICENSING REVENUE EARNED BY THE LEILAC GROUP For personal use only Bacchus Marsh CFC Facilities Water Business AUS / NZ / SEA Calix Limited Carbon Direct Exclusive License Biotech,for all Sustainable Processing, (Australia) CO2 Group IP
Slide 12: Investment by Carbon Direct to be deployed to accelerate technology uptake
Investment by Carbon Direct to be deployed to accelerate technology uptake For personal use only • Along with existing capital already invested in the LEILAC Group, the investment will be used by the LEILAC Group to accelerate and continue to de-risk deployment of the technology, both technically an
Slide 13: Carbon Direct and Calix to work closely on commercialisation
Carbon Direct and Calix to work closely on commercialisation of the technology “Carbon Direct invests in companies that can deliver both commercially viable solutions and solve big climate problems, said For personal use only Jonathan Goldberg, founder and CEO of Carbon Direct. “We are very impresse
Slide 14: Recap – Our CO2 Business Opportunity
For personal use only Recap – Our CO2 Business Opportunity 12
Slide 15: The CO2 Problem
The CO2 Problem LIMESTONE IS THE SECOND MOST UTILISED SUBSTANCE ON EARTH For personal use only Cement and lime contribute between 5% and 8% of global Around 2/3 of those emissions are unavoidable – coming anthropogenic CO2 emissions - about 2.2 BT per annum* from the raw material (limestone) ~1/3 of
Slide 16: Growing legislative pressures and incentives continue
Growing legislative pressures and incentives continue OUR INITIAL TARGET MARKETS, THE EU AND US, HAVE MADE SIGNIFICANT MOVES IN THE LAST TWO MONTHS For personal use only European Union – Legislative Progress United States – Legislative Progress • 2018 – EU ratifies phase 4 of the Emissions Trading S
Slide 17: Global market opportunities – cement and lime decarbonisation
Global market opportunities – cement and lime decarbonisation LEILAC HAS SUBSTANTIAL OPPORTUNITY IN ALL PRIMARY TARGET REGIONS, AND WORKING WITH SOME OF THE LARGEST CEMENT, LIME, CHEMICAL AND UTILITIES COMPANIES For personal use only Key markets for lime and cement production: Number of plants | mil
Slide 18: Our opportunity pipeline for cement and lime
Our opportunity pipeline for cement and lime INTEREST IS COMING NOT JUST FROM EUROPE AND THE AMERICAS, BUT ALSO FROM THE MIDDLE EAST AND ASIA… For personal use only First contact Initial scoping Detailed scoping Pre FEED FEED Final procurement Construction Operations Workshop(s) etc to identify Work
Slide 19: Case Study – cement - US
Case Study – cement - US THE US HAS A CO2 INFRASTRUCTURE IN PLACE, DEVELOPED IN THE 1970S TO ENABLE EOR For personal use only US CO2 pipeline and cement plant locations More than 4000 miles of CO2 pipelines are in place and, as of 2014, approximately 68 million tonnes of CO2 LafargeHolcim (16) are b
Slide 20: Case studies – lime – Australia and the UK
Case studies – lime – Australia and the UK LIME IS MOVING QUICKLY, BOTH IN AUSTRALIA AND THE UK For personal use only June 2021: Calix key partner in successful $39m Federally-funded Heavy Industry / Both a cement and lime opportunity (lime used Low Emissions Co-Operative Research Centre (HILT-CRC)
Slide 21: CO2 capture and storage case study
CO2 capture and storage case study TARMAC AND THE HYNET CLUSTER – UK – TARGETING STORING CO2 PLUS H2 PRODUCTION BY 2025 For personal use only https://hynet.co.uk/about/ 19
Slide 22: Our business opportunities and ESG tailwinds
Our business opportunities and ESG tailwinds Multiple “shots on goal” ESG opportunity using the one patented core platform technology For personal use only CO2 Advanced Water Biotech Sustainable Processing Mitigation Batteries • Direct CO2 separation for • Safe, environmentally friendly • Targeting
Slide 23: Our next months' priorities
Our next 12 months’ priorities… REVENUES, MARGINS, PROJECT EXECUTION AND DEAL FLOW…AND ACCELERATION TARGET ITEMS FROM RECENT CAP RAISE For personal use only CO2 Advanced Water Biotech Sustainable Processing Mitigation Batteries Revenue and Gross Margin Cement and Lime Crop Protection Refractories gr
Slide 24: Board of Directors and Equity Structure
For personal use only Board of Directors and Equity Structure 22
Slide 25: Board of Directors
Board of Directors For personal use only Peter Helen Fisher Jack Lance Phil Dr Mark Turnbull, AM Non-Executive Hamilton O’Neill Hodgson Sceats Non-Executive Director Non-Executive Non-Executive Managing Executive Chair Director Director Director & Chief Director And Executive Officer Chief Scientist
Slide 26: Share Price Performance Since Listing
Listed on the ASX in July, 2018 ASX:CXL Share Price Performance Since Listing For personal use only As at 23 August 2021 Shares on issue ~160.0m Share price for IPO Capital Raise $0.53 per share Share price on IPO $0.62 per share S&P Current Share price $3.40 per share ASX200 Market capitalisation ~
Slide 27: Because there's only one Earth… Mars is for quitters
Because there’s only one Earth… For personal use only …Mars is for quitters Phil Hodgson Darren Charles Simon Hinsley Managing Director & CEO CFO & Company Secretary Investor Relations phodgson@calix.global dcharles@calix.global simon@nwrcommunications.com.au +61 2 8199 7400 +61 2 8199 7400 +61 401