Slide 1: Faster, more accurate gold analysis
For personal use only Faster, more accurate gold analysis Quarterly Investor Update 25 October 2022 Dirk Treasure, Managing Director and CEO Brett Coventry, CFO
Slide 2: Important notice
Important notice For personal use only The material in this presentation has been prepared by Chrysos Corporation Limited (ASX: C79) (“Chrysos” or the “Group") and is general background information about Chrysos’ current activities as at the date of this presentation. The information is given in sum
Slide 3: Q1 FY23: Financial and operating highlights
Q1 FY23: Financial and operating highlights Q1 FY23 unaudited Total Revenue of $5.1m, reflecting 9% growth on the previous Quarter For personal use only $5.1m 740k $703m Total Unaudited Revenue Samples processed Total Contract Value (TCV) • +9% growth on Q4 FY22 of $4.7m • Increased +14% on Q4 FY22
Slide 4: Sustained revenue growth
Sustained revenue growth New unit deployments and continued strong utilisation are driving revenue growth For personal use only Unaudited MMAP, AAC & Other Income ■ Minimum Monthly Assay Payments (MMAP) provide sustainable, 6,000 forecastable minimum revenue ■ MMAP was $3.8m, up 12% on Q4 FY22 ($3.4
Slide 5: Accelerating global deployment
Accelerating global deployment Strong and sustainable growth underpinned by long-term annuity-style recurring revenue For personal use only 13 Units Deployed1 Average Unit Utilisation & Samples Processed 80% 300,000 Samples Processed - Monthly 70% 250,000 60% Average Utilisation 200,000 50% 40% 150,
Slide 6: Step Change in Total Contract Value during Q1 FY23
Step Change in Total Contract Value during Q1 FY23 Ten new PhotonAssayTM lease agreements signed during the Quarter For personal use only Customers Total Contract Value 1, 2 800 Intertek MSALABS ALS 700 1 600 Britannia Mining Solutions 500 400 Laboratories Alfred H Knight SGS 300 200 Barrick Gold Co
Slide 7: In summary
In summary Chrysos is well positioned to continue accelerating its global growth For personal use only ■ Strong and sustainable growth in Q1 FY23: ■ Quarterly record of 10 new PhotonAssayTM units leased ■ 14% QoQ increase in sample volumes ■ 49 contracted units: ■ 13 currently deployed and generatin
Slide 8: About Chrysos
For personal use only About Chrysos [Insert]
Slide 9: Chrysos – revolutionising the global mining industry
Chrysos – revolutionising the global mining industry Chrysos is a global provider of novel assay services through its proprietary PhotonAssayTM technology For personal use only Disruptive Minerals Analysis Service and Lease Model with Industry Accepted Technology Technology Tier 1 Counterparties Dis
Slide 10: Our commercialisation journey
Our commercialisation journey The outcome of 20+ years of research and development For personal use only Prototype Complete JORC and NI43-101 New Customer Announcements 1st PhotonAssayTM Max unit Companies cite PhotonAssayTM data Barrick Bulyanhulu in Tanzania contracts in market announcements MSALA
Slide 11: The Chrysos Vision
The Chrysos Vision To become the world’s leading provider of innovative assay services and technologies For personal use only Market Challenge: Traditional assay techniques are slow, labour intensive, complex, destructive to the assay sample, and involve Fully-quantitative analysis in as little as 2
Slide 12: PhotonAssay technology
PhotonAssayTM technology Best in class gold assaying with measurable benefits over traditionally used methods For personal use only PhotonAssayTM vs. Traditional Fire Assay1 PhotonAssayTM value proposition Fire Assay PhotonAssayTM Faster turnaround Lower costs Simple to operate Results in as little
Slide 13: Large & unpenetrated TAM
Large & unpenetrated TAM Assay expenditure is a non-discretionary operating cost For personal use only Existing PhotonAssayTM Reach TAM for PhotonAssayTM Units Annual revenue of ~A$988m1 700 610 Units 600 500 PhotonAssayTM Unit 410 On-site 400 Laboratories +561 Units Units 300 200 Off-site 100 200 L
Slide 14: Delivering tangible benefits for miners
Delivering tangible benefits for miners PhotonAssayTM enables timely decision making and additional gold recovery For personal use only The opportunity… PhotonAssayTM is embedded in the mining value chain PhotonAssayTM Value Add ■ Each year global miners are Exploration Fast turnaround for mine esti
Slide 15: An environmentally-friendly solution
An environmentally-friendly solution Substantially better for the environment and significantly safer than fire assay For personal use only PhotonAssayTM has a substantial positive environmental impact that will continue to grow in tandem with the uptake of the technology PhotonAssayTM reduces CO2
Slide 16: High barriers to entry
High barriers to entry High barriers to entry supported by global IP rights For personal use only Barriers to competitive entry Long-term leases with Protected by global guaranteed minimums, IP rights embedded at customer site 20+ years of R&D and Superior product to the investment in technology alt
Slide 17: Clear growth pathway
Clear growth pathway Clear organic growth plan with potential to expand TAM through additional commodities For personal use only Business development pipeline Multi-commodity assaying ■ Global networks of laboratories Potential to expand TAM Potential to increase profitability Intertek ALS SGS MSALA
Slide 18: Experienced leadership team
Experienced leadership team Supported by a well respected and tenured board For personal use only Senior leadership team Board of Directors Dirk Treasure Rob Adamson Kerry Gleeson Founding CEO & Managing Director Founder & Chairman Director • Metallurgist with a background in both • 20+ years’ exper
Slide 19: Thank you
For personal use only Thank you For more information, please visit chrysoscorp.com or contact us at investors@chrysoscorp.com