Slide 1: Playing a Key Role in the Society's Transition to a Sustainable Environment
November, 2017 “PLAYING A KEY ROLE IN THE SOCIETY’S TRANSITION TO A SUSTAINABLE ENVIRONMENT”
Slide 2: Playing a Key Role in the Society's Transition to a Sustainable Environment
“Playing a Key Role in the Society’s Transition to a Sustainable Environment” -2-
Slide 3: Agenda
1. Investment Highlights 2. The Emerging Fuel Cell Market 3. Cell Impact’s Business and Service Offering 4. Technology Development 5. Strategy Roadmap 6. Concluding Remarks -3-
Slide 4: Management experience
Broad management experience from senior leadership positions in Japan, India and China Held management positions in SKF, Getinge and Elos Medtech Carried out several consulting assignments including turn- around, JV formation, acquisition and China market feasibility studies Commercial and o
Slide 5: Cell Impact has a world leading forming technology
1. Investment Highlights Cell Impact has a world leading forming technology Innovative patented high speed manufacturing method very suitable for high precision bipolar flow plates Technology is suitable for most fuel cell stack manufacturers Competitive advantage with Cell Impact’s high speed f
Slide 6: Cell Impact is on the verge of a commercial break-through
1. Investment Highlights Cell Impact currently is on the verge of a commercial break-through The market is taking-off with leading (North American) fuel cell manufacturers making progress towards profitability Cell Impact is involved in several evaluation and negotiation processes with leading f
Slide 7: Market Size and Growth Key Aspects
2. The Emerging Fuel Cell Market Market Size and Growth Key Aspects Megawatts by application Rapid growth in fuel cells adaption in materials handling 500 segment 450 400 ~20,000 fuel cell powered forklifts in operation 350 Megawatts Increase 2016 is primarily driven by delivery of fuel cell c
Slide 8: Drivers for fuel cell adoption
2. The Emerging Fuel Cell Market Paris Climate Agreement, 2015 China’s 5 million New Energy Vehicles programme and major cities rolling out implementation plans The Volkswagen Dieselgate Scandal - banning of diesel cars in many large European cities Outdoor air pollution estimated to cause 3
Slide 9: Fuel cell applications by commercial phase
2. The Emerging Fuel Cell Market Material Handling Buses and light trucks Cars - Commercial Phase - - Demonstration Phase - - Early Phase - Commercially viable Deployments commenced Toyota, Hyundai and Honda without subsidies in the US, Europe, and introducing models (5,000 China new cars per
Slide 10: Fuel Cell Stack Sub Assembly: Cell Impact competitive advantage
3. Cell Impact’s Business and Service Offering Fuel Cell Stack Sub Assembly Cell Impact competitive advantage Cell Impact has a patented method which both can increase performance and reduce costs Increase the power density/performance in a fuel cell (fewer plates & MEA needed) Cost-effective pr
Slide 11: Cell Impact's addressable market is 30% of the total fuel cell market
3. Cell Impact’s Business and Service Offering Source: US Department of Energy (DOE), 500,000 systems per year Cell Impact’s addressable market is 30% of the total fuel cell market Over time this share is predicted to increase as the costs for membranes and catalysts decrease - 11 -
Slide 12: Consulting & Design, Manufacturing and Supply, Sales of Technology
3. Cell Impact’s Business and Service Offering I. Consulting & Design services II. Manufacturing and Unique know-how supply of flow to create strategic plates partnership with fuel cell suppliers III. Sales of manufacturing technology and equipment - 12 -
Slide 13: Revenue models by service offering
3. Cell Impact’s Business and Service Offering Turn Key Line or Consulting & Prototypes Manufacturing Flow Plates Design Services Supply Hourly fee Fee for tooling Price per plate Sales price equipment Function tested Royalties Engineering bipolar plate Service income Price per pla
Slide 14: Bipolar Flow Plate Production Line
3. Cell Impact’s Business and Service Offering Bipolar Flow Plate Production Line LASER DESIGN MATERIAL FORMING CUTTING COATING SEALING WELDING - 14 -
Slide 15: Strategy Roadmap
5. Strategy Roadmap TODAY 2018 - 2019 2020 - Concept ready for Established technology Leading global supplier to POSITION volume production supplier to the fuel-cell the fuel cell segment segment Optimise production line Increase capacity through Global expansion of in operation automatization
Slide 16: Recent orders and expanding pipeline
Recent orders Shanghai Everpower, China Initial development with potential follow-up orders for manufacturing and supply or turn key project with sale of manufacturing lines Development activity with leading automotive OEMs (NDA) Pushing the limits of forming advanced patterns for greater power
Slide 17: Concluding Remarks
6. Concluding Remarks A number of factors drive increased fuel cell adaptation : An accelerating climate crisis and pandemic levels of pollution related deaths demands urgent action to reduce C02 emissions and air borne pollutants Fuel cells and batteries are both viable energy solutions in thei