Slide 1: AirJoule Technologies Q3 2025 Earnings Presentation
TM AirJoule Technologies Corporation (Nasdaq: AIRJ) Q3 2025 Earnings Presentation November 14, 2025 https://airjouletech.com
Slide 2: Disclaimers
DISCLAIMERS Forward Looking Statements The information in this presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of
Slide 3: Presenters
PRESENTERS Matt Jore Pat Eilers Founder & Chief Executive Executive Chairman Officer Bryan Barton Stephen Pang Chief Commercialization Chief Financial Officer Officer AirJoule Technologies | November 2025 Slide 3
Slide 4: Purpose and Vision
Purpose: Freeing the world of its water and energy constraints by delivering groundbreaking sorption technologies. Vision: AirJoule is the leading platform technology that unleashes the power of water from air.
Slide 5: AirJoule is Capitalizing on Macro Tailwinds
AIRJOULE IS CAPITALIZING ON MACRO TAILWINDS Essential need to address water scarcity Onshoring of advanced Growing focus on energy manufacturing efficiency AI-driven data center Mandated phase-out of development high GWP refrigerants AirJoule Technologies | November 2025 Slide 5
Slide 6: Advancing Strategic Collaborations & Field Deployments
ADVANCING STRATEGIC COLLABORATIONS & FIELD DEPLOYMENTS ✓ Real-world operational validation through continuous operation in Hubbard, TX ✓ Industry recognition from leading data center operators in need of sustainable water solutions ✓ Academic validation from a premier research institution for atmosp
Slide 7: Strategic Expansion into Defense Applications
STRATEGIC EXPANSION INTO DEFENSE APPLICATIONS U.S. Army Engineer Research & Development Center Collaboration with Defense Contractor for Anti-Corrosion • Executed a Cooperative Research & Development • Executed agreement with a U.S. defense contractor Agreement (CRADA) to integrate AirJoule to demon
Slide 8: Accelerating Commercial Development
ACCELERATING COMMERCIAL DEVELOPMENT GROWING DEMAND PIPELINE ACROSS INDUSTRY VERTICALS FOR AIRJOULE DEPLOYMENTS – SIGNING UP NOW Deployments structured as sales, leases, or Water Purchase Agreements Data Center Cooling Food & Beverage Semiconductors & Chemicals Residential Development Anti-Corrosion
Slide 9: Triple Purification Production of Distilled Water
TRIPLE PURIFICATION PRODUCTION OF DISTILLED WATER AirJoule Process Description AirJoule Process Diagram Air is drawn through sorbent-coated 1 contactors, and water vapor is selectively captured. 2 WASTE HEAT IN Chamber doors close, vacuum is applied, Sorbent-coated 2 and heat is added, distilling th
Slide 10: Strong Focus on Productization
STRONG FOCUS ON PRODUCTIZATION MAXIMIZE WATER OUTPUT ▪ Improving sorbent formulas and coating processes ▪ Optimizing adsorption and desorption cycles Reduce REDUCE SYSTEM overall system costs COSTS ▪ Identifying cost-effective components ▪ Locking in supply chain relationships ▪ Eliminate unnecessar
Slide 11: Financial Results
FINANCIAL RESULTS AirJoule Technologies (AIRJ) $ in millions Q1 2025 Q2 2025 Q3 2025 • Net operating expenses of $3.0 million in Q3 Operating expenses, gross $(3.7) $(4.7) $(3.5) 2025 SOW expense reduction 0.5) 0.5) 0.5) • Includes $0.5 million in expense reduction from AirJoule JV pursuant to State
Slide 12: Investment Highlights
INVESTMENT HIGHLIGHTS TRANSFORMATIONAL TECHNOLOGY AirJoule Produces Pure Distilled Water from Air LARGE ADDRESSABLE MARKET Water and Energy Efficiency GLOBAL PARTNERSHIPS IN PLACE ENERGETICS DRIVE CUSTOMER RETURNS Targeted Paybacks of Less than 4 Years AirJoule Technologies | November 2025 Slide 12