Itm Power Plc · LSE:ITM
Itm Power — Investor Presentation (April 2026)
12 slides from Itm Power's investor presentation, Apr 9, 2026
Slide 1: Project Horizon
ITM Power plc Project Horizon 9 April 2026 ©2026 ITM Power Group This document contains information which is proprietary and confidential to ITM Power plc and its subsidiaries ("ITM Power Group"). Such information may not, without the prior written consent of the ITM Power Group entity to which it r
Slide 2: Disclaimer
DISCLAIMER For the purposes of this disclaimer, "presentation" means this document, any oral presentation, any question-and-answer session and any written or oral material discussed or distributed during the presentation. "Representative" means any directors, officers, employees, agents, affiliate o
Slide 3: Content
CONTENT 1. Project Horizon: strategic UK government backing 2. Who we are 3. The market we operate in 4. Our product portfolio 5. Our next -generation stack Chronos 6. Chronos commercialisation 7. Upgraded guidance 3
Slide 4: Project Horizon: Strategic UK Government Backing
PROJECT HORIZON: STRATEGIC UK GOVERNMENT BACKING Supporting the establishment of a 1 GW Chronos manufacturing line Rationale ▪ Green hydrogen is strategically important to the UK government ▪ The UK has ambitious hydrogen targets underpinned by it’s HAR funding programme ▪ ITM is the UK’s electrolys
Slide 5: Who We Are: A leader in green hydrogen
WHO WE ARE A leader in green hydrogen Revenue [£m] 40-43 • 26 years of R&D and innovation 26 • A leader in PEM electrolyser technology and hydrogen plants +740% 17 • Strategically well-positioned in a fast-expanding market • Vertical integration and IP create a defensible competitive advantage 5 • C
Slide 6: The Market We Operate In
THE MARKET WE OPERATE IN We solidified our foundation Green hydrogen market [GW] ▪ While the market accelerated slower than forecasted, ITM advanced its technology and 77 product portfolio, debottlenecked its supply chain and manufacturing, rightsized the Europe (conservative)1 business and built im
Slide 7: Products
PRODUCTS AUTONOMOUS 2MW PLUG & BEST -IN -CLASS 5MW PLUG & CUTTING -EDGE 20MW MODULE WORLD’S FIRST FULL -SCOPE PLAY ELECTROLYSER FOR PLAY ELECTROLYSER FOR FOR LARGE -SCALE PROJECTS 50 MW PLANT SMALL PROJECTS MID-SIZE PROJECTS Powered by Trident is the leading PEM electrolyser stack platform today Tri
Slide 8: Our game-changing next-generation stack platform
Our game -changing next -generation stack platform Lower cost ▪ >50% less part count, easier and faster to assemble ▪ Targeting ~40% cost reduction ▪ Designed to increase recyclability of components by >90% Higher performance ▪ Threefold increase in stack capacity: 2 to 2.5 MW ▪ Targeting ~10% energ
Slide 9: Our Locations
OUR LOCATIONS Investing in our commitment to best serve our customers ITM POWER UK ITM POWER GERMANY HYDROPULSE SHEFFIELD LINDEN BERLIN Home to our R&D and manufacturing Our sales, EPC and after sales hub Our build, own and operate in the centre of the EU business model in the heart of Full product
Slide 10: Chronos Commercialisation
CHRONOS COMMERCIALISATION Chronos manufacturing line ▪ We intend to build an automated 1 GW Chronos manufacturing line local to our current factory in Sheffield with an investment of up to £120m ▪ Proximity to our Trident manufacturing line maximises synergies, and process carryover ensures efficien
Slide 11: Guidance Upgrade FY26
GUIDANCE UPGRADE FY26 Cash at year-end between £210m and £215m Equity injection from GB Energy leads to guidance increase from previously disclosed £170 to £175m. 11
Slide 12: Thank You For Your Attention
THANK YOU FOR YOUR ATTENTION Project Horizon ©2025 ITM Power Group This document contains information which is proprietary and confidential to ITM Power plc and its subsidiaries ("ITM Power Group"). Such information may not, without the prior written consent of the ITM Power Group entity to which it