5e Advanced Materials, Inc. · NASDAQ:FEAM
5e Advanced Materials — Investor Presentation (January 2022)
25 slides from 5e Advanced Materials's investor presentation, January 2022
Slide 1: Corporate Presentation: Enabling Global Decarbonization with BORON+
Corporate Presentation Enabling Global Decarbonization with BORON+ January 2022
Slide 2: Cautionary Statements
Cautionary Statements IMPORTANT NOTICE AND DISCLAIMERS The information contained in this document (including this notice) or discussed at this presentation (collectively, the “Presentation”) has been prepared by 5E Advanced Materials, Inc. ("5E" or the "Company") and American Pacific Borates Limited
Slide 3: 5E Sitting at the Crossroads of Major Emerging Themes
5E Sitting at the Crossroads of Major Emerging Themes Global Decarbonization Ensuring Supply of and Push to Net Zero Critical Materials Emissions for 21st Century Industries Enabling ESG-centric Industries Preservation of Domestic Security & Integrity of Food Supply Chains 3
Slide 4: Building a Global Leader in BORON+ Advanced Materials
Building a Global Leader in BORON+ Advanced Materials 5E STRATEGIC VISION Become a vertically integrated global leader in BORON+ advanced materials with a focus on enabling decarbonization Our Plan Our Impact Build a vertically integrated advanced Enable global decarbonization and the materials busi
Slide 5: BORON+ Coming Into Focus; 5E Positioned to Become an Advanced Materials Leader
BORON+ Coming Into Focus; 5E Positioned to Become an Advanced Materials Leader Why BORON+ Why 5E Advanced Materials Critical Material, Essential to Everyday Life World Class Resource and Asset Advantaged elemental properties; essential across a wide range Access to a rare, low cost resource; advanta
Slide 6: Why BORON+
BORON+ Why BORON+ 6
Slide 7: Superior Physical Properties; Wide Application Set and Essential to Everyday Life
Superior Physical Properties; Wide Application Set and Essential to Everyday Life Superior Physical Properties Current Usage Only Carbon (diamond) 20% Hardness is harder than Boron Other d composites (Clean Energy, Nuclear, Defense, Pharma) 3% Detergents Light 5th lightest of all elements Weight aft
Slide 8: Usage and Value in Use Shifting Towards Future Facing Applications
Usage and Value in Use Shifting Towards Future Facing Applications Materials Applications Ulexite Colemanite Micronutrients Fiberglass Ceramics GDP+ Growth on Large Base Boric Acid Boron Oxide Solar Glass EV Magnets / Panels / Glass Wind Turbine Blades High Growth, High Value Boron Carbides Boron Ni
Slide 9: BORON+ a Critical Building Block in Enabling Decarbonization & Security
BORON+ a Critical Building Block in Enabling Decarbonization & Security Electric Vehicles Green Energy Food Security Domestic Security ~30% CAGR 5.8% CAGR +1.9 Billion 3.3% CAGR Global Electric Vehicle Global Installed Wind & Solar Increase in Global Growth in Global Military Stock Growth (2020-2030
Slide 10: Global Supply Duopoly and Downstream Concentration; Governments Taking Notice
Global Supply Duopoly and Downstream Concentration; Governments Taking Notice Global Supply Dynamics Establishment of the Critical Minerals Strategy Establishing that Several Clean Energy Technologies Materials are at Risk of Supply Disruptions December 2010 ~85% of global supply ~80% from two of do
Slide 11: Confluence of Explosive Demand Growth and Growing Supply Shortfall
Confluence of Explosive Demand Growth and Growing Supply Shortfall Boron Demand Growth(1) Supply / Demand Imbalance(1) (k tonnes; boric acid equivalent) (k tonnes; boric acid equivalent) 14,000 50,000 +10x Growth .... Expected Widening of 12,000 BORON+ Supply Gap Over Time 10,000 +2x Growth 10,000 8
Slide 12: Why 5E Advanced Materials
BORON+ Why 5E Advanced Materials 12
Slide 13: Significant Resource in Strategic Location with Critical Infrastructure In-Place
Significant Resource in Strategic Location with Critical Infrastructure In-Place Significant Resource & Processes ▪ Largest known new conventional boron deposit globally ▪ Light-touch environmental footprint with additional ESG initiatives in train (solution extraction, geothermal potential) ▪ Co-pr
Slide 14: Building a Fully Integrated BORON+ Advanced Materials Business
Building a Fully Integrated BORON+ Advanced Materials Business 1 Extraction 2 Process 3 Value-Add • Backwards integration • Low carbon footprint • Enter agreements to deliver BORON+ • Access to low cost supply • Attractive cost profile via by-product advanced materials • 400ktpa+ target run-rate pro
Slide 15: Building Our Competitive Strategic Advantage
Building Our Competitive Strategic Advantage Key Sector and Application Innovation & Long-Term Agreements Focus Areas Intellectual Property ▪ Focus on green end uses that ▪ Build proprietary processes and ▪ Delivering product via mutually enable decarbonization capabilities beneficial commercial agr
Slide 16: Platform and Foundations In-Place to Enable Strategic Execution
Platform and Foundations In-Place to Enable Strategic Execution Key 2023 & Milestones 2022 Beyond Completed • Fort Cady eDFS • Complete U.S. direct listing • Engineer Fort Cady complex • All substantive permits in place • Complete Fort Cady BFS • Enhance BORON+ advanced materials portfolio • Upgrade
Slide 17: Leadership Team Ready to Deliver the Business, With Deep Board & Advisors Bench Strength
Leadership Team Ready to Deliver the Business, With Deep Board & Advisors Bench Strength Leadership Team Henri Tausch Paul Weibel Chance Pipitone CEO, CFO SVP, Director Corp Dev & IR Tyson Hall Dr Dinakar Chantel Jordan COO (Dino) SVP, General Gnanamgari Counsel and CPO CCO & CTO Key Advisors 5E Boa
Slide 18: Appendix
BORON+ Appendix 18
Slide 19: Fort Cady Mineral Resource Estimate and Reserves
Fort Cady Mineral Resource Estimate and Reserves S-K 1300 Compliant Mineral Resource Estimate Resources MsT B2O3 % H3BO3 % Li ppm B2O3 MsT H3BO3 MsT Measured 35.96 6.57 11.67 330 2.36 4.2 Indicated 61.59 6.51 11.55 318 4.01 7.12 Total M&I 97.55 6.53 11.61 324 6.37 11.31 Inferred 11.43 6.40 11.37 324
Slide 20: Integrated Processes to Maximize Clean BORON+ Extraction & Processing
Integrated Processes to Maximize Clean BORON+ Extraction & Processing Extraction Process Processing & Refinement BORON+ Advanced Materials To Market MOP SOP Advanced Material Feedstock 1 • Downstream specialty product Reagent evaluation beyond Boric Acid Boric Acid Lithium • Key discussions with dow
Slide 21: Generating Superior Value in Downstream Advanced and Specialty Materials
Generating Superior Value in Downstream Advanced and Specialty Materials The BORON+ Supply Tree Ores & Concentrate Specialty Materials Advanced Materials Colemanite Boric Acid Boron Oxide Zinc Borates Ammonium Pentaborate Ulexite Potassium Pentaborate Tincal (Borax) Price to Boron Carbide Boron Nitr
Slide 22: Few Near-Term Supply Alternatives Potentially Entering Service
Few Near-Term Supply Alternatives Potentially Entering Service Production: 400+ ktpa (run-rate)* Production: Targeted production less than two years growth in market Timing: Initial Production in 2022** Timing: 2024+ with Significant Uncertainty Geopolitical Risk: Limited Geopolitical Risk: Internat
Slide 23: Significant Rerating Potential to Enhance Shareholder Returns
Significant Rerating Potential to Enhance Shareholder Returns Catalysts for Value Creation Positive BORON+ Vertically Integrated High Price and P P P Supply/Demand Fundamentals Business Model Value in Use Enterprise Value / 2022E EBITDA Multiple Average: ~26x MP Materials 27x Significant multiple up
Slide 24: Capital Markets Platform
Capital Markets Platform Capital Structure Share Price & Trading Volume (A$/share; 000s) (As of January 14, 2022) $3.00 3,500 Share Price A$2.75/share 3,000 $2.50 2,500 $2.00 Market ~US$810 million Capitalization 2,000 $1.50 1,500 Net Cash ~US$60 million $1.00 1,000 $0.50 500 Listings Primary Listin
Slide 25: For Additional Information Please Contact
For Additional Information Please Contact: Henri Tausch Chance Pipitone Elvis Jurcevic Chief Executive Officer Investor Relations – U.S. Investor Relations – Australia htausch@5eadvancedmaterials.com cpipitone@5eadvancedmaterials.com ej@irxadvisors.com BORON+
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