Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Investor Presentation (January 2025)
31 slides from Alpha Hpa's investor presentation, January 2025
Slide 1: Alpha HPA
AlphaHPA IER OF HIGH PURITY ALUMINIUM MATERIALS TO HIGH TECHNOLOGY GROWTH SECTORS ASX:
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT The Definitive Feasibility Study (DFS) referred to in this Presentation has been undertaken to assess the technical and financial viability of the HPA First project. The DFS is based on the material assumptions about the availability of funding and the pricing received for Alpha
Slide 3: Technology led specialty chemicals company commercialising in 2 stages
We are a technology led, speciality chemicals company We make ultra-high purity aluminium products with a worlds first process which are: Alpha is commercialising in 2 Stages as the
Slide 4: HPA First Project Stages 1 and 2
° STAGE: °* STAGE, 2: HPA First Project Site Gladstone State Development Area 100% RENEWABLE ENERGY Naik. HPA FIRST PROJECT: Aloha HPA.
Slide 5: Novel, low energy, low-carbon process
Novel, low energy, low –carbon process
Slide 6: Comprehensive Government Support
COMPREHENSIVE GOVERNMENT SUPPORT Alpha staff hosting Prime Minister of Australia Anthony Albanese, Federal Minister of Resources Madeleine King, Queensland Premier Steven Miles, and Queensland Minister for Regional Development & Water Glenn Butcher Queensland Government export finance australia $21.
Slide 7: Stage 1: In Production
La Snr 2 STAGE 1: !N PRODUCTION Alpha HPA
Slide 8: Stage 1
STAGE 1:
Slide 9: Project Layout: Stage 1 and Stage 2
PROJECT LAYOUT: STAGE 1: IN PRODUCTION +350tpa — ALL PRODUCTS STAGE 2: FULL-SCALE FACILITY IN CONSTRUCTION FIRST PRODUCTION AT 2026 +10,000tpa — ALL PRODUCTS
Slide 10: Stage 2 Bulk Earthworks — December 2024
Stage 2 Bulk Earthworks — December 2024 STAGE 2 : CONSTRUCTION UNDERWAY Alpha HPA
Slide 11: Stage 2 construction progress photos
SX mixer tank shells SX settler covers Lining of bio-retention ponds SX interconnects Nest elements – boiler package Civil works for utilities connection
Slide 12: Product Marketing Highlights
PRODUCT MARKETING HIGHLIGHTS * , MATERIAL LIFT IN STAGE 1 SALES ORDERS AS TECHNICAL QUALIFICATION MATURES ° .. ~ __* Pricing signals for ATH products materially higher than DFS * SEMICONDUCTOR SECTOR DEMAND ESCALATING RAPIDLY DRIVEN BY Al/DATA per AND POWER ELECTRONICS ’ Alpha’s materials uniquely m
Slide 13: Global semiconductor sector growth driven by AI/data
e The global semiconductor sector is undergoing extraordinary growth driven by Al/data centres and power semiconductors for the energy transition DRAM market by app share of global semiconductor market Global Semiconductor market by component type, 2020 - 2030 ($b! S.year CAGR 20232028 5% 1001 4, oa
Slide 14: Data centre electricity consumption
• • Data centers electricity consumption (TWh) Percentage of global electricity consumption 1,200 3.70% 4.00% 3.50% 1,000 1065 3.00% 2.50% 800 2.50% 2.00% 600 681 2.00% 1.30% 536 1.50% 400 1.00% 333 200 0.50% 0 0.00% 2022 2025P 2026P 2030P
Slide 15: Thermal conductivity driving alumina demand in semiconductors
e Faster processing power is driving energy demand for cooling e Increased thermal conductivity in semiconductor encapsulation now a necessity e Superior thermal conductivity is driving alumina demand over the use of incumbent silica re RL ce MBF ES A. Epoxy Moulding Compound (EMC) Semiconductor Chi
Slide 16: Radio-nuclide free purity for thermal fillers
Alpha HPA Purity standard for thermal fillers for new-generation semiconductors are extremely stringent and must contain ZERO detectable radio-nuclides (or less than 1 part per billion) Radio-nuclides emit alpha (a) particle radiation which disrupt secondar signals and create ‘soft errors’ Alpha HPA
Slide 17: CMP abrasive demand for power semiconductors
Alpha HPA Semiconductor substrates and stacked circuit layers are polished Polishing Head with a process referred to as CMP, which stands for Chemical, Mechanical Planarization. CMP uses chemically abrasive slurries which to date have typically Ebishin East included silicon and yttrium oxide. 6 Pee
Slide 18: Alpha's materials for CMP slurry applications
e Alpha’s novel process can produce aluminas with a unique particle shape and impurity profile that is uniquely suited to high-performance CMP slurry abrasive applications e Alpha’s materials have been independently tested to show higher CMP removal rates than incumbent CMP slurries at lower tempera
Slide 19: High purity materials unlock Li-ion battery safety technology
ALPHA’S HIGH PURITY MATERIALS UNLOCK KEY Li-ION BATTERY SAFETY TECHNOLOGY Technical Acceptance reached with a leading Li-B anode OEM after 18months Zero propagation from battery pack with high purity (Al-O-OH) boehmite coated cell casings (Utilises Alpha Al-Nitrate) Up to 100% reduction in thermal r
Slide 20: Al-hydroxide coated cell casings
Al-hydroxide coated cell casings propagation control of thermal runaway within the battery pack. Rapid, high purity Al-hydroxide coating (for OEM – 40% global supply)
Slide 21: DLE Sorbents
DLE SORBENTS Growing demand from Direct Lithium Extraction (DLE) sorbents 4 Aluminium based DLE sorbent made from high-purity alumina-hydrate(Al(OH)3 or ‘ATH’) * Testwork and commercial demand growing rapidly with entry of petroleum majors Alpha has a unique ability to manufacture high purity ATH as
Slide 22: Market Outreach and Pricing
MARKET OUTREACH AND PRICING Extensive 4+ year global market outreach * Detailed, technically driven understanding of market and applications * Pricing obtained by interviews, sales, refined quotations and customer LOIs * Comprehensive database of pricing available for Alpha’s materials * Alpha in pr
Slide 23: Product Marketing Progression
PRODUCT MARKETING PROGRESSION ACTUAL FORECAST m Test/Qualification samples (LHS) m Letters of Intent or equivalent (RHS) Sales and/or binding contracts (RHS) 2,000 sates & binding contracts 2025/26 1,500 1,000 Metric Tonnes Metric Tonnes 500 Stage 2 FID Jul-25 Jan-26 \ Stage 1 Commences \. o 2 £ 3 Z
Slide 24: Stage 2 DFS: Strong Financial Metrics
STAGE 2 DFS: STRONG FINANCIAL METRICS Compelling HPA First Project Stage 2 financial metrics, ramping up to 87% throughput by FY28 and steady-state production in FY30 HPA First Project Stage 2 Steady-state Financials (does not include Alpha Sapphire) First Project Stage 2 Alpha HPA Price Independent
Slide 25: Independent Certification
INDEPENDENT CERTIFICATION CERTIFICATE CERTIFICATE ALPHA HPA LTD (GROUP) SUSTAINABILITY QUALITY ENVIRONMENTAL WORK, HEALTH & MGMT SAFETY =) = al —— | ae cs) i Me ¥ AlphaHPA
Slide 26: World Leading Emissions
WORLD LEADING EMISSIONS 50-70% lower CO, emissions over incumbent (alkoxide) process scope 182 II scope 1+2+3 with creats ~71% lower total emissions in feedstock and 2 production process combined compared to the incumbent process 10 s |" | EMISSIONS REDUCTIONS tCO,ett 6 6.62 5.03 ‘ 308 nar 1. | We d
Slide 27: Alpha Sapphire
ALPHA SAPPHIRE: Alpha Sapphire is capturing downstream value add with the conversion of our HPA to synthetic sapphire using mew sapphire growth technology + Now qualifying for new 8” sapphire wafer demand from GaN-on-Sapphire semiconductors * Sapphire optics sales commenced + $30M QIC funding to sec
Slide 28: Alpha Sapphire: technology, supply and demand
ALPHA SAPPHIRE: * Technology Disruption: Access to new Ebner-Fametec Technology * Supply Crunch: End-user desire to de-link from Russia-China production a 4 ler * Demand Pull: Major new demand from GaN-on-Sapphire semiconductors - Alpha SAPPHIRE Alpha HPA:
Slide 29: Upcoming milestones and raisings
5% Strategic Commence Definitive Investment & Supported Supported Technical Commercial North American Alpha Sapphire FID Stage 2 Raising Diligence Agreements MoU Raising A$40M A$180M ⚫ ⚫ ⚫ ⚫ ⚫
Slide 30: Corporate Snapshot
CORPORATE SNAPSHOT TRADING INFORMATION SHARE PRICE PERFORMANCE - 3 YEARS ASX CODE AAN i | | Share Price (29/01/2025) ~$0.87c 52-week trading range $0.77 - $1.18 Issued Shares 1,136M CAPITAL STRUCTURE Issued Shares 1,136M Unlisted options (@90c) 8.8M (expire 30 April 2025) Unlisted options (@90c) 3M
Slide 31: Thank You
Thank You Rimas Kai Managing Director rkairaitis@alphahpa.com.au +61 408 414 474 Robert Williamson Director and COO rwilliamson@alphahpa.com.au +61 407 125 176 Rob Lord Investor Relations rlord@alphahpa.com.au +61 400 008 553 Cameron Peacock Business Development cpeacock@alphahpa.com.au +61 439 908