Hazer Group Ltd. · ASX:HZR
Hazer — Shareholder Meeting (November 2024)
35 slides from Hazer's shareholder meeting presentation, Nov 20, 2024
Slide 1: 2024 AGM Chairman's Address & MD Presentation
Hazer Group Limited (ACN 144 044 600) Level 9, 99 St Georges Tce, WA 6000 PO Box Z5511, St Georges Tce, Perth, WA 6831 2024 AGM CHAIRMAN’S ADDRESS & MD PRESENTATION PERTH, AUSTRALIA; 20 November 2024: Hazer Group Ltd ("Hazer" or "the Company") (ASX: HZR) is pleased to provide the following Chairman’
Slide 2: Chairman's Address (continued)
PDA, Hazer now receives payment for Early Project Development Work associated with activities relating to core Hazer technology components. This early source of revenue delivers cash flow now through Front-End Engineering and Design (“FEED”). These ongoing payments enable Hazer to support these acti
Slide 3: Forward-looking Statements
Forward-looking Statements This announcement may contain certain "forward-looking statements" which may not have been based solely on historical facts but are based on the Company's current expectations about future events and results. Where the Company expresses or implies an expectation or belief
Slide 4: Hazer Group: Redefining clean hydrogen - Annual General Meeting
ASX:HZR For personal use only Hazer Group Redefining clean hydrogen Annual General Meeting Tuesday, 20 November 2024
Slide 5: Disclaimer
2 Hazer Group Ltd – AGM Presentation, 20 November 2024 Disclaimer Important information This presentation has been prepared by Hazer Group Limited (“Hazer” or “the Company”) Forward Looking Statements Statements contained in this document or made during or in connection Summary Information This docu
Slide 6: Hazer Group is decarbonising gas with a world-leading climate technology
For personal use only 3 Hazer Group Ltd – AGM Presentation, 20 November 2024 “Hazer Group is decarbonising gas with a world-leading climate technology; accelerating delivery of affordable clean hydrogen; at scale”
Slide 7: FY24 Highlights: Foundations for commercialisation
4 Hazer Group Ltd – AGM Presentation, 20 November 2024 FY24 Highlights: Foundations for commercialisation For personal use only Commercialise • Commissioning of CDP completed and successfully online in Jan 2024 • Demonstrated stable and reliable production operation; high methane conversion rates pr
Slide 8: Executing scale-up strategy in hard-to-abate sectors
5 Hazer Group Ltd – AGM Presentation, 20 November 2024 Executing scale-up strategy in hard-to-abate sectors For personal use only Strategy: Enablers: MONETISE & • Commercial scale projects in multiple • Canada FID GROW jurisdictions under license agreements • New Business Projects • Expand global po
Slide 9: De-risking Hazer Process
For personal use only De-risking Hazer Process
Slide 10: Hazer's technology advantage
7 Hazer Group Ltd – AGM Presentation, 20 November 2024 Hazer’s technology advantage For personal use only Innovative low emission, low-cost methane pyrolysis technology producing clean hydrogen and graphite • Hazer Group Limited is a technology development company undertaking the commercialisation o
Slide 11: Commercial Demonstration Plant snapshot
8 Hazer Group Ltd – AGM Presentation, 20 November 2024 Commercial Demonstration Plant snapshot For personal use only Worlds first fully-integrated demonstration of Hazer’s technology Project Summary & Update • First H2 & graphite achieved in Jan 20241 • Over 450hrs of continuous hot operations & mor
Slide 12: CDP test program successfully completed
9 Hazer Group Ltd – AGM Presentation, 20 November 2024 CDP test program successfully completed For personal use only Targeting commercial deployment readiness by the end of 2024 Global Commercial Projects Commercial Demonstration Plant (CDP) Continuous Operation 24hr run completed 100+hrs extended o
Slide 13: Strong results provide confidence in scalability
10 Hazer Group Ltd – AGM Presentation, 20 November 2024 Strong results provide confidence in scalability For personal use only Stable H2 and graphite production with continuous reliable operation achieved • Over 450 hours of continuous operation achieved with controlled catalyst injection • Producti
Slide 14: Competitive Advantage
For personal use only Competitive Advantage
Slide 15: Hazer's unique market advantage
12 Hazer Group Ltd – AGM Presentation, 20 November 2024 Hazer’s unique market advantage For personal use only Hazer has a distinguishing competitive edge that sets us apart in the clean hydrogen arena Advanced TRL Low Cost Proven Scalability Driven by low energy intensity Fluidised bed reactor Ready
Slide 16: Advanced technology readiness - TRL
13 Hazer Group Ltd – AGM Presentation, 20 November 2024 Advanced technology readiness - TRL 7 For personal use only Project Rapid development since company founding and advancing Tech Readiness Level (TRL) Development Pipeline (1 0 0 t p a H 2 continuous) (~<2 kg/hr* semi-continuous) (~1Kg* batch) (
Slide 17: Competitive LCOH against all H2 types
14 Hazer Group Ltd – AGM Presentation, 20 November 2024 Competitive LCOH against all H2 types For personal use only Hazer cost competitive against all hydrogen production types H2 per kg Cost Range by Type* $7 • Hazer cost-competitive & clear path to further $6 optimisation at scale; built-in graphi
Slide 18: Graphite production diversifies earnings
15 Hazer Group Ltd – AGM Presentation, 20 November 2024 Graphite production diversifies earnings For personal use only A synthetic, low emissions product with differentiated morphology and properties • Highly structured vs amorphous carbon black • Iron inclusions produce magnetic graphite Mitsui MOU
Slide 19: Hazer graphite: multiple applications & high value
16 Hazer Group Ltd – AGM Presentation, 20 November 2024 Hazer graphite: multiple applications & high value For personal use only Initial focus on high confidence, high volume applications with no/minimal post-treatment Market Development 'Drop In' Price Emissions Application Incumbent Material Marke
Slide 20: "Plug-in" technology using existing infrastructure
17 Hazer Group Ltd – AGM Presentation, 20 November 2024 “Plug-in" technology using existing infrastructure For personal use only End-use deployment and application of the Hazer Technology eliminates H2 transport risk and reduces cost • Eliminates requirement for H2 transportation cost and risk • Co-
Slide 21: Hazer's global partners & projects
18 Hazer Group Ltd – AGM Presentation, 20 November 2024 Hazer's global partners & projects For personal use only Tier-1 partners developing commercial projects in North America, Europe and Asia-Pacific Extensive international project pipeline developing with large corporations across multiple indust
Slide 22: Commercialisation Strategy
For personal use only Commercialisation Strategy
Slide 23: Overview of key scale-up development projects
20 Hazer Group Ltd – AGM Presentation, 20 November 2024 Overview of key scale-up development projects For personal use only BC, Canada Nagoya, Japan Montoir, France Pohang, Korea • Project Development • Existing LNG import • Existing LNG import • Integration into low Agreement Signed terminal or pow
Slide 24: World-first project in strategic North America market
21 Hazer Group Hazer LtdLtd Group – AM Presentation – AGM Presentation, 20 November 2024 World-first project in strategic North America market For personal use only Partnership with FortisBC to develop a 2,500tpa hydrogen facility in Canada • Binding agreement for commercial scale plant, 25x CDP • F
Slide 25: POSCO & Hazer collaborating on low-carbon steel
22 Hazer Group Ltd – AGM Presentation, 20 November 2024 POSCO & Hazer collaborating on low-carbon steel For personal use only Hazer’s technology is uniquely positioned to support decarbonisation of the steel manufacturing process • 6th largest steel producer worldwide • Integration of Hazer technolo
Slide 26: Business Model & Valuation
For personal use only Business Model & Valuation
Slide 27: "Capex-lite" business model enables early free-cashflow
24 Hazer Group Ltd – AGM Presentation, 20 November 2024 “Capex-lite” business model enables early free-cashflow For personal use only Hazer business plan premised on licensing and royalty revenues avoiding large-scale capex exposure • One technology, two valuable markets Hydrogen • “Capital-lite” ap
Slide 28: Illustrative plant economic indicators
25 Hazer Group Ltd – AGM Presentation, 20 November 2024 Illustrative plant economic indicators For personal use only Licensing model delivers attractive returns for Hazer Illustrative Plant (50ktpa H2 ktpa) Cash Flows* 500 Illustrative Hazer Returns: 400 300 • “Capex-lite” - No capital contributions
Slide 29: Growth ambition of plants in years
26 Hazer Group Ltd – AGM Presentation, 20 November 2024 Growth ambition of 10 plants in 10 years For personal use only Potential for over 500 KTPA of Hazer installed H2 capacity across target markets by 2035 2024 Current Portfolio 2035 Aspired Portfolio Current Plant Pipeline 1. North America – BC,
Slide 30: Look Ahead
For personal use only Look Ahead
Slide 31: Key activities
28 Hazer Group Ltd – AGM Presentation, 20 November 2024 Key activities Today For personal use only CY2024 CY2025 H1 H2 H1 100 hrs 240hrs 360hrs 452hrs CDP Commercial Demonstration Plant (100 tpa) Online ✓ ✓ ✓ ✓ ✓ Targeted Production & Testing Program Commercial Scale-up Commercial Readiness ✓ Licens
Slide 32: Investment highlights
29 Hazer Group Ltd – AGM Presentation, 20 November 2024 Investment highlights For personal use only Low-cost, clean H2 technology with strong competitive advantage Commercially ready today and co-locates with end- user infrastructure Capex-lite” license model unlocks early cash-flow Tier-1, global p
Slide 33: Hazer Group Ltd contact
Hazer Group Ltd For personal use only ASX:HZR Investor Relations Enquiries: contact@hazergroup.com.au Media Enquiries: anah@we-worldwide.com
Slide 34: Abbreviations and units used
31 Hazer Group Ltd – AGM Presentation, 20 November 2024 Abbreviations and units used For personal use only ARENA Australian Renewable Energy Agency CCS Carbon Capture & Storage CDP Commercial Demonstration Plan IP Intellectual Property FID Final Investment Decision KTPA thousands of tonne per annum
Slide 35: Assumptions and notes
32 Hazer Group Ltd – AGM Presentation, 20 November 2024 Assumptions and notes For personal use only Slides 14 - H2 per kg cost range by type chart Sources: Company analysis and projections, modelling a range of notional outcomes: 1. Feedstock gas - North America ~US$2.0/mmbtu, Asia Pacific US$10/mmb