Odyssey Marine Exploration, Inc. · NASDAQ:OMEX
Odyssey Marine Exploration — Merger or Acquisition (April 2026)
39 slides from Odyssey Marine Exploration's merger presentation, Apr 8, 2026
Slide 1: A Merger with Odyssey Marine Exploration
Exhibit 99.2 American Ocean Minerals Corporation A Merger with Odyssey Marine Exploration (NASDAQ: OMEX) A Responsible Solution for Critical Minerals & Rare Earth Supply Through Fast-Tracked Regulation, an Industry-Leading Team, and Proven Technologies Investor Presentation - 2026
Slide 2: Executive Summary
Executive Summary Introduction to American Ocean Minerals Corporation AOM will be a U.S.-controlled platform company focused on securing critical mineral independence via deep-sea resources. Key Investment Highlights Scale & Control: Large and advanced U.S.-controlled deep-sea minerals platform with
Slide 3: The AOM Platform
The AOM Platform A Unified Platform. ‣ Most mature deep-sea harvesting regulations (NASDAQ: OMEX) ‣ Sovereign nation using English Common Law Why Cook Islands ‣ Strong Alliance with the U.S., strategic global position United States Cook Islands ‣ Polymetallic resource, near-zero waste ‣ Abundant sou
Slide 4: Asset Summary
Asset Summary Pro-Forma Company Asset Summary Post-Transaction Assets What it is Post-Transaction ownership Detail Cook Islands EEZ AOM option to increase ownership above 50% at CIC LTD (CIC) ~48% licensee AOM’s sole discretion. Ocean Minerals LLC (OML) & Cook Islands EEZ AOM ownership of approximat
Slide 5: Target: Odyssey Marine Exploration Overview
Target: Odyssey Marine Exploration Overview Who is Odyssey Marine Exploration? (NASDAQ: OMEX) 30+ years of deep ocean exploration innovation ● Established U.S. deep-ocean operator with more than 30 years of experience executing complex offshore exploration programs at full ocean depth. 1994-2011: Fo
Slide 6: Transaction Summary
Transaction Summary Transaction Summary A clear funding roadmap, bridge completed, PIPE and Merger backed by top tier financial partners to accelerate commercialization. (1) Bridge Bridge Funding Public Listing $75M $75M Merger PIPE 11% $150M+ Q2/Early Q3 Public Merger Completed 15% AOM & OMEX 2 3 1
Slide 7: Transaction Timeline
Transaction Timeline Completed Bridge financing closed. Transaction Completion of S-K 1300 technical reports. Completed Timeline: Signing Completed Sign merger agreement and PIPE / announce merger and PIPE. to Public Trading Within 30 Days File S-4. ● Clear path to public trading of Signing ● Transa
Slide 8: The Team
The Team Global Leaders in Deep-Sea Operations, Mining, Processing and Capital Markets Tom Albanese Mark Justh Tom Dettweiler, M.S. Charles Morgan, Ph.D. Chairman Chief Executive Officer President Chief Geologist AOM unites elite deep-sea pioneers: Lockheed, Ocean Mining Associates and early nodule-
Slide 9: The Team Continued
The Team Continued Supported by Veteran Directors and Best-In-Class Advisors Philip Plough Dilshad Kasmani, Cmdr. Mark Luther, Ph.D. Brett Ryckman William Scripps Director Director Director Director Director Ian Koblick Ted Brockett, M.S. Andrew Smart, AFA Michael Barnett, M.S. John C. Wiltshire, Ph
Slide 10: The Critical Opportunity
The Critical Opportunity U.S. and allies need to secure minerals domestically.
Slide 11: The Problem: Supply Chain is a National Security Threat
The Problem Our Nation's Supply Chain is a National Security Threat Various critical industrial needs are constrained by a near-total dependence on imported critical minerals, all transpiring amidst record demand. China is the leading refiner for 19 of 20 key strategic minerals, with around 1 70% of
Slide 12: The Problem: A $300+ Billion Market Exceeding Terrestrial Mining Capability
The Problem 1 A $300+ Billion Market Exceeding Terrestrial Mining Capability Global demand would require an unattainable surge in new terrestrial land mines; permitting delays, declining grades, and environmental and social impacts make it unrealistic. Terrestrial Mining Deep-Sea Mineral Harvesting
Slide 13: Why Now: America's Declaration of Mineral Independence
Why Now America’s Declaration of Mineral Independence Policy momentum, demand shock, and geopolitical risk have converged. AOM is a scalable U.S. controlled global solution for critical mineral and rare earth shortages. Regulatory Clarity Proven Technology Surging Demand Supply Chain Chokepoint Chin
Slide 14: The Nodule Advantage
The Nodule Advantage 34 Critical Minerals and Rare Earth Elements: One Remarkable Rock Polymetallic nodules can provide billions of tonnes of high-grade minerals and rare earths, supplying the U.S. economy for decades with no foreign dependence and no drilling or blasting. Nodules sit unattached on
Slide 15: The Environmental Advantage
The Environmental Advantage Advantages of Harvesting Sea Nodules over Terrestrial Mining Harvesting seafloor nodules avoids land mining’s damage; no deforestation, toxic tailings, child labor, population displacement, and lower life-cycle emissions per ton of metal.¹ ¹ Reduced Environmental impact,
Slide 16: The Regulatory Unlock
The Regulatory Unlock U.S. Executive Order & U.S.–Cook Islands Agreement A sovereign U.S. path and an allied Pacific lane create the fastest routes to responsibly supply critical minerals and rare earths from the deep sea. Apr '25: “Unleashing America’s Offshore Critical Minerals and Resources” E.O.
Slide 17: U.S. Controlled Ocean Minerals Supply Chain
U.S. Controlled Ocean Minerals Supply Chain Strategic Geographic Approach to Harvesting and Processing ● Nodules will be harvested from the Cook Islands, Clarion-Clipperton Zone and other strategic global resources. ● In conjunction with Thompson Engineering, the development of a U.S. Offloading and
Slide 18: AOM's U.S. Controlled Global Supply Chain
AOM’s U.S. Controlled Global Supply Chain A solution for U.S. and allied nations Fastest path: Cook Islands + U.S. permits. critical mineral independence Proven tech creates speed, scale, and cost advantage.
Slide 19: The AOM Solution
The AOM Solution Vision: +$7B invested over a decade, a multi-ship harvesting fleet, and a U.S. controlled global supply chain. This vision funds the industrial-scale harvesting and refining of polymetallic nodules, establishing a secure, end-to-end, U.S.-controlled global supply chain of critical m
Slide 20: The Combined Assets
The Combined Assets AOM Platform Will Create Speed, Scale, and Cost Advantages AOM secured the fastest path to harvesting via the Cook Islands, and an expedited U.S. regulatory process to support a development strategy providing mineralogy and regulatory diversity. ● Offshore operations Compared to
Slide 21: Cook Islands License Footprint
Cook Islands License Footprint Two out of Three Cook Island Exclusive Permit Areas Includes ~234,000 km² of Cook Islands EEZ exploration licenses under the Seabed Minerals Authority (SBMA) an aligned, regulations-in-force pathway offering the fastest track to commercial harvesting. Post-Transaction
Slide 22: Why the Cook Islands
Why the Cook Islands The Most Advanced Deep Sea Regulatory Program, Globally The Cook Islands Exclusive Economic Zone (EEZ), contains ~6.7 Billion tons of Nodules, is the largest undersea mineral resource in an EEZ, and has nearly 3 decades of research and program development.¹ ● 2,000,000 sq km EEZ
Slide 23: Path to Commercialization
Path to Commercialization Current Status of Projects We believe we have an accelerated path to production. Polymetallic Nodules Estimated Months to Harvesting License/Permit Definitive Resource feasibility study Harvesting OML statement published 18-26 permit obtained (Areas 1 & 2) published Environ
Slide 24: Harvesting Technology
Harvesting Technology The riser lift system is proven vertical transport at deepwater scale ● Riser lift is proven, industry-standard deepwater technology. ● Continuous lift delivers predictable throughput and uptime. ● Validated in nodule pilot tests ● OML has advanced engineering diligence with Tr
Slide 25: Processing Plan
Processing Plan Processing Will Advance from Toll to Vertical Operations Initial low capex processing path starts with tolling in U.S. and allied plants, then selectively invests and verticalizes once technologies are optimized and proven at scale. INITIAL Stockpiling ● Brownfield first: Initial pro
Slide 26: Strategic Stockpiling Initiative
Strategic Stockpiling Initiative Plan for Critical Mineral Stockpiles Stockpiling aligns with Executive Order 14285 authorizing a strategic reserve of deep-sea critical minerals, identifying polymetallic nodules as a key resource for reducing supply chain dependence¹ Strategic Advantage: Nodules are
Slide 27: Building Ships in U.S.
Building Ships in U.S. 75 years Supporting the Nation’s Most Critical Missions With military-grade precision and U.S. shipbuilding strength, AOM and Bollinger have executed an MOU to construct the infrastructure unlocking strategic seabed resources, on American terms. Trusted by U.S. Government Agen
Slide 28: Strategic Partnership: Phoenix International
Strategic Partnership: Phoenix International Engineering the Backbone of America’s Deep-Sea System Phoenix will co-engineer AOM’s harvesting system, lead full-scale testing, mobilize U.S. crews, and invest alongside AOM to anchor a durable, long-term partnership. Navy-Proven Subsea Partner Leads top
Slide 29: American Workforce Development
American Workforce Development America's Deep-Sea Industry Will Create Thousands of New Jobs In collaboration with AOM special advisor, Mike Rowe, and the mikeroweWORKS Foundation along with SailFuture, we are planning to develop a multi-generational pool of skilled industry professionals. Strategic
Slide 30: Vessel Economics
Vessel Economics Illustrative Vessel-Level Economics We plan to deploy a fleet of vessels over the next decade, scaling production across permitted areas in alignment with offtake agreements, market demand, and evolving geopolitical priorities. (2) Metric Focus Area 1 Ship 10 Ships (1) Vessel level
Slide 31: Conclusion
Conclusion Investing in America's Economic and National Security Seabed minerals give the U.S. a way to break foreign dependence for the critical materials needed across AI, national security, energy, and advanced industry. ● America-first platform; ship builders, ports, operators, processors, team.
Slide 32: America's Responsible Ocean Company
America's Responsible Ocean Company Media Contact: Investors Contact: media@aomusa.com investors@aomusa.com Investor Deck • 2026
Slide 33: Disclosures
Disclosures Disclosures This presentation has been prepared jointly by Odyssey Mineral Exploration Inc. (“Odyssey”) and American Ocean Minerals Corporation (“AOM”). Unless otherwise noted or the context indicates otherwise, references in this presentation to the “Company,” “American Ocean Minerals C
Slide 34: Disclosures: Forward-Looking Statements
Disclosures Forward-Looking Statements This communication contains forward-looking statements. Generally, the words “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “contemplate,” “predict,” “forecast,” “likely,” “believe,” “target,” “will,” “could,” “would,” “should,” “potential,” “
Slide 35: Disclosures: Risk Factors
Disclosures RISK FACTORS Our business at the present stage involves a high degree of risk and uncertainty. The following risk factors, as well as risks not currently known to us, could materially adversely affect our future business, assets, results of operations, financial condition and prospects,
Slide 36: Disclosures
Disclosures Wearesubjecttorisksassociatedwithvariousproposedmergerandacquisitiontransactions. The success of our business and operations is contingent on the successful completion of the merger and acquisition transactions involving. If appropriate opportunities present themselves, we may acquire co
Slide 37: Disclosures
Disclosures Wemaybeinvolvedinlitigationfromtimetotimethatmayadverselyaffectus. Due to the nature of our business, we may be subject to regulatory investigations, claims, lawsuits and other proceedings in the ordinary course of our business. The results of these legal proceedings cannot be predicted
Slide 38: Disclosures
Disclosures Further, it is unclear whether the ISA or any other regulatory body will seek to impose its process or other onerous methods for the restoration of the disturbed area or rehabilitation obligations on our collecting process. Any such obligations, to the extent they are overly burdensome,
Slide 39: Disclosures
Disclosures Ourexplorationandpolymetallicnodulecollectingactivitiesmaybeaffectedbynaturalhazards,whichcouldhaveamaterialadverseeffectonourbusiness. Deep-sea mineral exploration and collection activities are inherently difficult and dangerous and may be delayed or suspended by severe weather events,
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