Versarien PLC · OTC:VRSRF
Versarien — Shareholder Meeting (April 2025)
38 slides from Versarien's shareholder meeting presentation, Apr 28, 2025
Slide 1: Versarien – the IP led advanced engineering materials group
versarien.com @versarien @versarienplc Versarien – the IP led advanced engineering materials group AGM - 28th April 2025 AIM: VRS 1
Slide 2: Disclaimer
This presentation has been prepared by or on behalf of Versarien plc (“Versarien”). The information set out in this presentation is not intended to form the basis of any contract. By attending (whether in person, by telephone or webcast) this presentation or by reading the presentation slides, you a
Slide 3: Graphene is a truly remarkable material
One atom thick . Impermeable Conductive Strong Graphene is a truly remarkable material - it’s first isolation in 2004 Light has led to a newly emerging . industry that has made steady progress…but… Transparent Global graphene market expected to grow to ~US$3.0 bn by 2030, from ~US$400 m in 2023 Flexi
Slide 4: Graphene at the heart of Versarien, utilising advanced material properties
Whilst graphene is at the heart of Versarien, we utilise all the properties that innovative advanced materials can offer to optimise product performance 4
Slide 5: Introduction
Introduction ● Versarien Plc (AIM:VRS) is an IP-led advanced engineering materials group that utilises proprietary technology to create innovative engineering solutions ● A recognised nanomaterials company with a portfolio of high‐quality verified materials supported by its own UK based research and
Slide 6: Core Advanced Material Subsidiaries
Core Advanced Material Subsidiaries Based in the Parque Científico Madrid, Spain, capable of utilising Based in Longhope, Versarien’s graphene products in an Gloucestershire is the Group's environmentally friendly, scalable dedicated graphene production process for energy manufacturing business stora
Slide 7: Graphene Engineering Innovation Centre and facilities
Graphene Engineering Innovation Centre Parque Científico de Madrid. Nanotechnology and Integrated Bioengineering Centre Versarien HQ, Gloucestershire, UK Cambridge Graphene Centre Versarien Korea & GrapheneLab Co. Facility, Hwaseong-si
Slide 8: The team to deliver
The team to deliver Executive Team Non-Executive Team Dr Stephen Hodge Christopher Leigh Diane Savory OBE Susan Bowen Sir Iain Gray CBE Chief Executive Officer Chief Financial Officer Non-Executive Chair Non-Executive Director Non-Executive Director Stephen was appointed Versarien CEO in Christopher
Slide 9: Additional Support
Additional Support ● Over the last 18 months we have worked with David and his team to support and give confidence in our our board processes and decisions. David Stone ● Whilst Prompt’s role has been significantly Founder and CEO reduced over the last 6 months, we maintain Set up in 2008 Prompt is no
Slide 10: Operations
Operations Whilst advanced materials continue to gain traction, we have had to reduce our monthly operating cash burn: 1. Reduce overheads Monthly operating cash burn: 2. Focus on core advanced materials subsidiaries £228k (year ended 30 Sep 2023) 3. Divest mature business 4. Sell CVD graphene asset
Slide 11: Audited Financials 2024 Highlights
Confidential: Versarien Proprietary Versarien Proprietary Audited Financials 2024 Highlights ● Group revenues from continuing operations of £2.4m (2023: £3.0m) ● Graphene revenues of £0.4m (2023: £0.2m) ● *Adjusted LBITDA of £1.7m (2023: £3.0m) ● Exceptional costs of £0.8m (2023: £8.8m) mainly relati
Slide 12: Current financial position
Confidential: Versarien Proprietary Versarien Proprietary Current financial position ● The Group is projected to break-even at the ebitda level towards the end of the current financial year ● 12 month deferment of capital repayments of the £5m IUK loan - will commence in August 2026 payable quarterly o
Slide 13: Mature businesses
Mature businesses ● Initially looked to sell both businesses together but due to their diverse nature, customer base and locations this was not trivial AAC Cyroma ● 30th September 2024: Announced sale of AAC Cyroma to Harper Bennett Ltd. for total consideration of £550,000 payable in cash, in 16 equ
Slide 14: Group Structure
Versarien plc Group Structure (operating companies) UK Spain Korea Company Full time employees Versarien Versarien Gnanomat Graphene (62% → 90%)* Korea (85%) Versarien plc 7 (includes 3 NEDs) (100%) Versarien Graphene Limited 5 2-DTech 2-DTech Limited 2 (85%) Cambridge Graphene Limited 2 Cambridge G
Slide 15: Chemical Vapour Deposition (CVD) asset sales
Chemical Vapour Deposition (CVD) asset sales ● Versarien acquired CVD assets and IP from Hanwha Aerospace and established Versarien Korea Limited (VKL) in 2021 ○ Ownership remained with the Plc and leased to VKL ● 11 March 2024: entered into an agreement with MCK Tech Co. Ltd to sell the Group's pla
Slide 16: Our Strategy
Confidential: Versarien Proprietary Our Strategy Monetise our know-how (IP): Become a manufacturing light operation that licences Versarien's technology, brands and manufacturing know-how as commercial traction develops 16
Slide 17: 114 patents globally
Our IP 114 patents globally (as at 8 October 2024) USA: UK: China: 27 Patents, 1 Patent, 8 Patents, ● 19 patents are licenced for CVD 11 Trademarks 32 Trademarks 16 Trademarks graphene manufacture in Korea - GrapheneLab (14) and MCK Tech (5) ● Manufacturing and know-how licence with South American m
Slide 18: Licencing partner: Montana Química (Brazil)
montana.com.br Licencing partner: Montana Química (Brazil) ● Production and sale of paints, wood preservatives and other wood finishing products including stains and varnishes. ● 14 March 2024: entered into a manufacturing licence agreement and a know-how licence and technical assistance agreement fo
Slide 19: Sector focus
Sector focus Post the EC’s 10 year Graphene Flagship programme, IAM4EU / IAM-I is the newly proposed, “only” innovative advanced materials ecosystem for Europe Strategic Research & Innovation Agenda (SRIA) slides available at www.iam-i.eu CONSTRUCTION ENERGY MOBILITY ELECTRONICS ● Energy efficiency ●
Slide 20: Construction
Construction Cement production is responsible for 8% of global CO2 emissions Versarien are developing innovative admixtures (CementeneTM) for low-carbon concrete and automating construction through modern methods of construction (MMC) such as 3D Construction Printing (3DCP) TM
Slide 21: Concrete and mortar specimen test equipment
We have invested in our own concrete and mortar specimen test equipment to support and accelerate Double test chamber for cement CementeneTM Automatic and mortar flexure and strength determination Computerized Control Steel compression frame developments and quality Console for testing cubes, cylinde
Slide 22: Development Contract: Print Build Zero
Development Contract: Print Build Zero ● Agreement to develop a range of low carbon, graphene-infused, 3D-printable mortars suitable for civil construction with the UK’s largest construction company ● Demonstration of mortars in real-world scenarios within Balfour Beatty's Highways business, and ass
Slide 23: Energy & Mobility
Energy & Mobility The critical challenges for energy storage devices include improving energy density, efficiency, lifespan, cost-effectiveness, and scalability while addressing safety concerns and environmental impacts Versarien subsidiary Gnanomat is developing novel and sustainable materials and
Slide 24: GnanoCaps Technology
GnanoCaps Technology GnanoCaps leverage Gnanomat's cutting-edge materials to deliver superior performance in energy storage devices ● Enhanced Performance: This technology surpasses current standards like EDLCs and Li-ion batteries in key parameters ● Ideal Alternative: Designed for applications req
Slide 25: GnanoCaps Technology
GnanoCaps Technology Recharge Lifespan Discharge Explosion ECO Friendly ES Technology Energy Power time (cycles) Leakage Risks components Very Very 10,000- Supercapacitors msec High None Toxic electrolyte Low High 1,000,000 Toxic electrolyte and Li-ion Batteries High Low hours 1,000 Low High compone
Slide 26: Electronics: Printed Electronics
Electronics: Printed Electronics Commonly used conductive inks have the highest environmental impact in the life cycle of printed electronics Versarien manufactures a range of graphene and advanced material functional inks (GraphinksTM) tailored for different printing processes. These inks are also
Slide 27: Electronics: Sensors
Electronics: Sensors @, Be. ve
Slide 28: Amplify your sensors using our graphene barristor platform technology
Amplify your sensors using our graphene barristor platform technology… 28
Slide 29: Biosensing without limitations
The on-off ratio of GFET current is extremely small Biosensing ● compared to conventional semiconductors. The without transistor itself is also not an ideal structure for monitoring changes in channel resistance limitations ● The barristor on-off ratio reaches up to 1,000,000, similar to silicon. Th
Slide 30: Commercially funded R&D & Grants
Commercially funded R&D & Grants
Slide 31: Project Complete: Novel supercaps
Project Complete: Novel supercaps Niobium mining company ● Net Profit in 2023: R$4.9 billion (~£850 M) ● More than 2000 employees ● 9 month commercially funded project, with CBMM Technology Suisse SA (part of Brazilian mining giant CBMM) 31
Slide 32: Project Complete: materials development
Project Complete: materials development Petrochemical company, subsidiary of PTT Group ● Market cap: 28.7 billion THB (~£660 million) ● More than 4400 employees ● 9 month commercially funded project to co-develop advanced materials 32
Slide 33: Grants
Grants To date, UK subsidiaries have To date, Gnanomat has won >16 InnovateUK bids and funded 47% of operating ● iCARE project ongoing were a core partner of the EC’s costs through grants and ● 13th December 2024: Graphene Flagship public funding GNANOCAPS Seal of Excellence grant awarded (804 k€) ●
Slide 34: Standardisation, Regulations & Nanosafety
Standardisation, Regulations & Nanosafety
Slide 35: Verification, Standardisation, Regulation
Verification Standardisation Regulation Verified Graphene Producer ® IEC TC113 -Nanotechnology for EU and UK REACH Versarien was the first company electrotechnical products and Graphene (EC 801-282-5, CAS in the world to pass the rigorous systems 1034343-98-0) has been registered since Verified Graphene
Slide 36: A year of transformation
A year of transformation —_. =
Slide 37: A year of transformation: growing pipelines and contracts
Confidential: Versarien Proprietary Growing commercial and grant pipelines Increasing our product offerings Winning larger commercial contracts with global leaders Achieving a series of UK industry firsts Engaging with more industry sectors Nurturing talent and leadership within the company Developing
Slide 38: Q&A
versarien.com @versarien @versarienplc Q&A AGM - 28th April 2025 AIM: VRS 38