Slide 1: Benchmark Week 2020 Presentation
For personal use only NOVONIX LIMITED 10 µm Graphite SC-622 Graphite SC-622 Benchmark Week 2020 Presentation Synthetic & Natural Graphite 8 DECEMBER 2020
Slide 2: General Disclaimer
General Disclaimer • This document has been prepared by NOVONIX Limited (ACN 157 690 830) (“the Company” or “NOVONIX”). No representation, expressed or implied, or warranty as to the accuracy or completeness of the For personal use only information contained herein is made by any party and nothing c
Slide 3: Discussion Topics for Today
Discussion Topics for Today For personal use only • Company overview / business units / team • Anode materials market opportunity • NOVONIX synthetic technology and product performance • Commercialization of NOVONIX Anode Materials ASX: NVX OTCQX: NVNXF 2 December 2020
Slide 4: Company Overview
Company Overview For personal use only NOVONIX Limited ASX: NVX OTCQX: NVNXF • Technology accelerates R&D from years to weeks • First contracted supplier of US-made high-capacity • Partnership with Dalhousie University long-life synthetic anode • Battery testing, design, and prototyping services • C
Slide 5: Management and Board of Directors
Management and Board of Directors Management For personal use only Dr Chris Burns Suzanne Yeates Admiral Robert J. Natter Nick Liveris Group Financial Controller and Group CEO Group CFO Executive Director Company Secretary Board of Directors Tony Bellas Andrew Greg Baynton Robert Cooper AndrewN. N.L
Slide 6: Global Tier Customer Base
Global Tier 1 Customer Base Customer Overview For personal use only • Customers represented globally across key battery industries, including • Auto OEMs • Battery manufacturers Tier 1 • Consumer electronics Customer • Medical device Base • Battery laboratories • Several major auto OEMs and consumer
Slide 7: Renewables and Green Energy Demand Driving Battery Materials Growth 10x by 2030
Renewables and Green Energy Demand Driving Battery Materials Growth 10x by 2030 More Electric Vehicles More Batteries More Battery Materials For personal use only EV Sales, Millions Annual Lithium-Ion Battery Demand, GWh Materials Demand, Thousand Metric Tons 100 2,000 8,000 1,800 7,000 80 1,600 1,4
Slide 8: Battery Growth is Happening in the US Now
Battery Growth is Happening in the US Now Current US Gigafactory Pipeline For personal use only Battery Co. Auto Co. Investment Capacity Status State • The U.S. expects to $300M 3 GWh Operating MI have 130 GWh online by 2023 NA 35 GWh Operating NV • Europe expects to have 198 GWh by 2023, and has Op
Slide 9: US Government is Addressing Graphite Sourcing
US Government is Addressing Graphite Sourcing For personal use only “the United States is 100 percent reliant on “it is the policy of LPO to interpret the Title XVII imports for graphite, which is used to make Program and the ATVM Program broadly to advanced batteries for cellphones, laptops, and en
Slide 10: All Anode is Coming From Asia, Mostly China
All Anode is Coming From Asia, Mostly China Synthetic Anode Market Share by Producer 2019 Synthetic Anode Market Demand For personal use only • Market is currently dominated by China • No established suppliers of Li- ion battery artificial (synthetic) graphite anode material in NOVONIX North America
Slide 11: NG vs AG, per Avicenne
NG vs AG, per Avicenne… For personal use only 2019 2030 ‘Demand for artificial graphite will increase fast thanks to the xEV market and the long life- time requirements involving a high level of purity and high consistency, difficult to achieve with Natural Graphite’ - Avicenne, July 2020 Anode mate
Slide 12: NG vs AG, per Yano
NG vs AG, per Yano… For personal use only AG growing to 66% share by 2022 - Yano, 2020 Source: Yano Research 2020. ASX: NVX OTCQX: NVNXF 11 December 2020
Slide 13: NG vs AG, per Benchmark
NG vs AG, per Benchmark… For personal use only 2019 2030 ‘NG vs AG the debate rages on’ Artificial graphite: 57% 42% - Benchmark, November Natural graphite: 40% 48% 2019 Source: Benchmark Minerals 2019. ASX: NVX OTCQX: NVNXF 12 December 2020
Slide 14: So, What Really Matters?
So, What Really Matters? For personal use only What EV & ESS Cell Makers Need 1. High performance products 2. Low cost structure 3. Low environmental impact ASX: NVX OTCQX: NVNXF 13 December 2020
Slide 15: NOVONIX Anode Material Advantage
NOVONIX Anode Material Advantage Key Customer Decision Drivers for Synthetic Graphite Anode Material For personal use only Performance NOVONIX Chinese Japanese We Deliver the Performance Required Measures Why Important PUREgraphite Synthetic Synthetic Natural • Improved coulombic efficiency and cycl
Slide 16: NOVONIX Anode Material Outperforms in Head-to-Head Testing
NOVONIX Anode Material Outperforms in Head-to-Head Testing For personal use only • NOVONIX offers improved Coulombic Efficiency (CE) NOVONIX compared to industry leading materials (including a Tesla Tesla Model S cell) Improved Synthetic Columbic Natural • CE measures the electrochemical stability o
Slide 17: NOVONIX's Technology Delivers Lower Cost
NOVONIX’s Technology Delivers Lower Cost For personal use only • Innovating on furnace technology • Less energy consumption Re-engineered Process • Smaller footprint • Labor efficient Globally Competitive Prices • Globally competitive energy input price Strategically Located • Strategic precursor ma
Slide 18: NOVONIX's Technology is the Green Choice
NOVONIX’s Technology is the Green Choice For personal use only Inputs Process Outputs • Clean sources • Proprietary technology means • Negligible emissions, less than - Carbon free resources fewer processing steps and less alternatives represent 50% energy input energy consumption • Longer lasting b
Slide 19: NOVONIX Has Agreements with the Two Largest Battery Makers
NOVONIX Has Agreements with the Two Largest Battery Makers, These Manufacturers Represent 40% of the Global Li-ion Battery Market in 2018(1) SAMSUNG Supply Agreement and R&D Collaboration SANYO Commercial Collaboration For personal use only • Initial supply of 500 tons of synthetic graphite • Non-bi
Slide 20: Phased Growth Plan For NOVONIX
Phased Growth Plan For NOVONIX For personal use only Phase 3 (Large Scale) Phase 2 (Medium Scale) Phase 1 (Initial Ramp-up) Timeline • 2020 - 2021 • 2022 – 2025 • 2026 - 2030 Capacity • Ramp to 2K tons/yr • Ramp to 25K tons/yr • Ramp to 100K tons/yr • SAMSUNG SDI • SANYO Stepwise Plan Customers(1) •
Slide 21: In Summary, NOVONIX…
In Summary, NOVONIX… For personal use only • Is delivering the battery materials the EV and renewables future needs • Is redefining the manufacturing processes to deliver lower costs, waste and emissions • Has strong connections with leading companies in the battery, auto, renewables and electronics
Slide 22: Contact Information
Contact Information CORPORATE OPERATIONS For personal use only • Chairman: • Group CEO: BTS - Bedford, Nova Scotia, CANADA Tony Bellas Dr Chris Burns 177 Bluewater Road, Bedford, NS B4B 1H1, Canada Email: tony@novonixgroup.com Email: chris@novonixgroup.com • Company Secretary and Financial • Group C