Slide 1: Investor Update Call
Investor Update Call Enabling America’s Clean Energy Economy : FEAM 5E Advanced Materials : 5EA December 19, 2023
Slide 2: Disclaimer: Forward-Looking Statements
Disclaimer FORWARD-LOOKING STATEMENTS The information in this Presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included in this presentation regarding our
Slide 3: Disclaimer (Continued)
Disclaimer (Continued…) No Offer or Solicitation This document is for information purposes only, and is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of
Slide 4: Significant Milestones Achieved: 2HCY 2023
December 12/6 – 5E Announces Restructuring Support Agreement September 9/21 – 5E Granted Approval from EPA to Conduct Step-Rate Testing (SRT) October 10/8 – Commencement of SRT Protocols 10/16 – Successful Completion of SRT 10/26 – SRT Results Delivered to EPA November 11/22 – 5E Receives EPA Author
Slide 5: Expected Major Milestones for CYQ1 2024
Expected Major Milestones for CYQ1 2024 Production provides design basis for the commercial plant and product to be qualified by strategic customers
Slide 6: Transaction Highlights
Transaction Highlights Key Terms Equity Up to $35 mm, $10 mm committed. $1.025 per share (50% discount). Note Amendments New conversion price, $1.5375 per share. Maturity extended one-year to August 15, 2028. Paid in-kind interest rate to 10% from 6%. Elimination of issuer conversion feature. Minimu
Slide 7: Planned Project Schedule
Planned Project Schedule CY Indicative Schedule 1H23 2H23 1H24 2H24 1H25 2H25 1H26 2H26 EPA Authorization to Inject Wellfield Commissioning Boric Acid/Gypsum Commissioning Initial Plant Operation / Data Collection FEL-2 Study FEL-3 Study Detailed Engineering & Construction Commission of Phase 1 - 90
Slide 8: Target Long-Term Value Creation
Target Long-Term Value Creation 8 Department of Energy (DOE) ATVM / Loan Program Office Department of Defense (DOD) Defense Production Act, DPA Title III U.S. Department of Agriculture (USDA) Inflation Reduction Act Royalty Structure Mineral Rights Traditional Equity Capital Market / Shareholders CO
Slide 9: Executive Summary
Executive Summary EPA approval authorizes 5E to commence mining and plant operations Proposed recapitalization plan is the optimal solution to solve short-term funding needs 5E has an aggressive three-month plan to commission the plant and start production Initial production supports the advancement
Slide 10: The 5E Advanced Materials Team
The 5E Advanced Materials Team
Slide 11: Thank You
Alpha IR Group Davis Snyder or Joseph Caminiti FEAM@alpha-ir.com (312) 445-2870 Thank You J.T. Starzecki CHIEF MARKETING OFFICER jstarzecki@5eadvancedmaterials.com