Kulr Technology Group, Inc. · AMEX:KULR
Kulr Technology — Investor Presentation (November 2024)
39 slides from Kulr Technology's investor presentation, November 2024
Slide 1: KULR Summer 2024 Investor Presentation
| KULR | DELIVERING ENERGY MANAGEMENT SOLUTIONS KULR Technology Group, Inc. Summer 2024 Investor Presentation
Slide 2: Forward Looking Statements
Forward Looking Statements Safe Harbor This presentation and other written or oral statements made from time to time by representatives of KULR Technology Group, Inc. and/or its wholly owned subsidiary KULR Technology Corporation contain “forward-looking statements” within the meaning of Section 27A
Slide 3: KULR Investment Thesis
Summer 2024 Investor Presentation KULR Investment Thesis as ¢ Critical industry and ¢ KULR has proven regulatory needs for technology to serve Lithium-lon battery safety Tier-one customers ¢ Long history and track ¢ Scalable business record serving multiple model with multiple $billion growth market
Slide 4: Lithium-Ion Battery Safety Risks - A Growing Epidemic
Summer 2024 Investor Presentation Lithium-Ion Battery Safety Risks - A Growing Epidemic What are the risks? Thermal Runaway Propagation is a dangerous chain reaction with a battery pack that can lead to fires, explosions and human bodily harm. What are the impact of the risks? Increased government r
Slide 5: Our History
Summer 2024 Investor Presentation Our History 2023 - Battery Design & 2015 - KULR 2017 - Carbon Fiber 2019 - Safe 2021 - Perseverance Testing Center of 2025 - Launch of the Technology Corp. Thermal Management Battery design, Rover lands on Mars, Excellence opened in commercialized founded in San tec
Slide 6: Space Proven Thermal Management Solutions
Summer 2024 Investor Presentation Space Proven Thermal Management Solutions as Extensive Spaceflight History Space Shuttle X-38 Mercury Messenger International Space Mars Rover Artemis 1998 1999 2002 Staton Perseverance 2022 - Present 2017 2020 - Present Q Wy PL LocKHEED maRTiNZY sal an BOEING Grd d
Slide 7: KULR's Competitive Advantages
Summer 2024 Investor Presentation KULR’s Competitive Advantages KULR Experienced K Agile Prepared KULR Differentiators Responsive Disclaimer Statement| Contents contained on these sides are approved for publ release by KULR Technolgy Group, incorporated Refer fo Side 2 for Forward Looking Statements
Slide 8: KULR ONE is a Platform for Lithium-ion Battery Safety
Summer 2024 Investor Presentation KULR ONE is a Platform for Lithium-ion Battery Safety o.° te 1. Multi ary <> Expertise — 9. Transport and 2. Cell Si ey KULR 7 = 8. Controls and 3.Cell Level Test Monitoring K Characterization 4. Initial Concept, Modeling, and ‘Analysis 5. Battery Design, Prottyping
Slide 9: KULR Customers & Partners
KULR Customers & Partners Several Key Clients and Accounts DoD & Gov’t Aerospace Industrial Battery Makers Electric Mobility PHILIPS || SafHT sPacex ialtii us 2. Q © BOSCH _ BomBaRDIER a company of 7 ‘ TOTAL &) soene, ||\>wAT Ga ® anc @ ©RIVIAN LOCKHEED MARTIN AXIOM | CRAFTSMAN | MOLICEL |_ a SPACE
Slide 10: The Global Battery Market Continues to Grow
Summer 2024 Investor Presentation The Global Battery Market Continues to Grow o1 02 03 04 KULR Global battery market characteristics: + Market.US reports that the lithium-ion battery market valued at $59.8B in 2022, up to $307.8B in 2032. + Precedence Research reports that the global battery market
Slide 11: Technology Domains We Serve
Technology Domains We Serve a Battery Storage & Transportation + Safe storage solutions with KULR’s SafeX platform 01 Battery Design & Analysis Designs by industry experts CAD & FEM solutions Containment of thermal runaway n batteries of any Energy storage for complex | events for Li environments fo
Slide 12: Domain #1: Battery Design and Analysis Capabilities
Summer 2024 Investor Presentation Domain # 1: Battery Design and Analysis Capabilities Custom Batteries KULR ONE Products Industry Experts + Designs by engineering team with space flight hardware and BMS dev. experience. + Engineers with backgrounds from NASA, ‘Axiom, commercial battery industry, sm
Slide 13: KULR ONE Space Batteries
Summer 2024 Investor Presentation KULR ONE Space Batteries Benefits Pre-evaluated architectures Low mass / low volume architectures Customized power solutions to meet unique requirements Enhanced safety features for better product safety Improved battery performance and durability Key Features KULR
Slide 14: Battery for Space Economy Driving Growth
Summer 2024 Investor Presentation Battery for Space Economy Driving Growth The space economy is projected to triple in Space battery market by Virtue Market Research value to . estimated at $3.67B in 2022 with expected by 2035, up from growth to $6.35B by 2030. Key Growth Drivers: « Rapid growth of
Slide 15: KULR ONE Platforms (Space, Guardian, Air)
Summer 2024 Investor Presentation KULR ONE Platforms (Space, Guardian, Air) KULR ] SAFE MODULAR POWER | KULR ] SAFE MODULAR POWER KULR ONE DESIGN ARCHITECTURE KULR ONE - KULR ONE SPACE MAX KULR ONE VALUE KULR ONE VALUE KULR ONE VALUE nology Group, Incorporated
Slide 16: Competitive Advantages of KULR ONE Battery Platform
Summer 2024 Investor Presentation Competitive Advantages of KULR ONE Battery Platform 01 Inherently Safe Architecture 02 KULR ONE Space is NASA JSC 20793 Crew Space Mission K Safe Certification Ready 7 03 KULR ONE Guardian customized Reliable to meet MIL-PRF and 810H oreo qualifications KULR ONE Cer
Slide 17: Domain #2: Battery Cell and Pack Level Testing
Summer 2024 Investor Presentation Domain #2: Battery Cell and Pack Level Testing KULR Abuse Testing Electrical Testing Services Environmental Testing Small Fractional Thermal Runaway Calorimetry + Lision cells up to 10 Ah, + Total energy yield, + Coll body vs. ejected energy yield + Variability char
Slide 18: Battery Testing and Test Equipment Market Size
Summer 2024 Investor Presentation Battery Testing and Test Equipment Market Size 01 Battery market share growth drives battery testing, and test equipment, market share up. 02 Testing equipment market characterization: + Fortune Business Insights reports the battery testing equipment market size at
Slide 19: Domain #3: Battery Pack Production and Engineering Services
Summer 2024 Investor Presentation Domain #3: Battery Pack Production and Engineering Services Amada Weld Tech Resistance Tab Welder Fabrication and Assembly Capabilities Precision Machining + 4-Axis CNC capable of regular building materials + 3:Axis CNC capable of exotic material machining (Yitria,
Slide 20: Competitive Advantages of KULR ONE Design Solutions
Summer 2024 Investor Presentation Competitive Advantages of KULR ONE Design Solutions = 01 One-Stop Shop solution for rapid Rap I d turnaround time K Complete 02 Industry’s most complete suite of products and services to test for s aft e battery safety KULR ONE 03 Proprietary technologies: TRS, Diff
Slide 21: Market Potential with Options, Flexibility, and Customization
Summer 2024 Investor Presentation Market Potential with Options, Flexibility, and Customization KULR Competitor1 Competitor 2 Custom Battery Designs [vv ff ™*x On-Site Prototyping Capabilities fx | Private Label Cell / Battery Testing ly | x | Total Life ele Support ry[ x [| x _ Safe Gatiory Design
Slide 22: Domain #4: KULR VIBE for Computer Server and Industrial Fans
Summer 2024 Investor Presentation Domain #4: KULR VIBE for Computer Server and Industrial Fans According to a recent Morgan Stanley report, the liquid cooling systems for Nvidia’s GB200 high-end rack cost more than $80,000, about 15 to 20 times the cost of an air-cooling system for an existing rack
Slide 23: Domain #5: Advanced Thermal Solutions / Vibration Reduction
KULR Summer 2024 Investor Presentation Domain #5: Advanced Thermal Solutions / Vibration Reduction Thermal Products Phase Change Material Heat Sink + Customizable heat sink to fit your geometric and heat transfer requirements. + Phase change material used within heat sink selected based on temperatu
Slide 24: Domain #6: Battery Storage and Transportation
Summer 2024 Investor Presentation Domain #6: Battery Storage and Transportation KULR SafeCASE Model G * Total thermal runaway propagation containment + Up to 2.5 kWh payloads SafeCASE Model R * Total thermal runaway propagation containment. « Up to 2.5 kWh payloads SafeCASE Model E * Total thermal r
Slide 25: SafeX Competitive Advantages
Summer 2024 Investor Presentation SafeX Competitive Advantages I PL Fire Suppressant Technology KULR Competitors =% [FirstqualifiedtoeachOEMBattery | YC XC [ras is custainableandatedformultplewseinstionn | ¥ | x _| Usage Characteristics KULR Competitors Necessitated medical attention following inhal
Slide 26: Delivering Solutions for Market Opportunities
Summer 2024 Investor Presentation Delivering Solutions for Market Opportunities 01 Rapid Li-ion Market Growth Without Safety Focus As the lithium-ion market surges, many designs prioritize speed over safety, leading to post-launch redesigns, potential product recalls, and the looming threat of non-c
Slide 27: Massive Market Opportunity with Rich Potential
27 Summer 2024 Investor Presentation Massive Market Opportunity with Rich Potential -— Addressed Market SS & Fire Suppression $13B+ Yearly SAM" Vibration Cell Testi -—— $96B Yearly TAM Battery Recycling i+] i J & = & &: & Resulting in a nearly $96B yearly revenue opportunity by 2032. i+ J i~ J 1 Sen
Slide 28: KULR Business Model Scalability
Summer 2024 Investor Presentation KULR Business Model Scalability Products & Services Design Services ProductSales Subscription Services IP Licensing |KULRONEBatteries 00 Tw i ia Ee eee ThermalManagementProducts | YP PY Customer Deployment = Product Sales Analysis & Design \ Prototyping & Services \
Slide 29: Q2'24 Financial Summary
Summer 2024 Investor Presentation Q2'24 Financial Summary / YoY Summary \ 202302 202402 QoQ% Revenue Total Revenue $2,695,506 $2,432,005 10% Service Revenue $738,136 $1,297,236 76% ProductRevenue $1,957,370 $1,134,770 42% Customers Total Customers 19 27 42% Service Customers 7 14 100% NS Product Cus
Slide 30: Q3'24 Financial Summary
Fall 2024 Investor Presentation Q3'24 Financial Summary 2024 Q3 Highlights 01 Record Revenue 02 Increased # of customers 03 Lower customer concentration 04 Gross margin up even without licensing 05 Expenses lower 06 Cashused Operating + Investing activities down 13% 24Q2 v. 23Q2 Discliner itemert| C
Slide 31: Revenue and Growth KPI Trends are UP
Summer 2024 Investor Presentation Revenue and Growth KPI Trends are UP Service Revenue $ USD $3,000,000 $2,500,000 $2,000,000 Up 219% $1,500,000 Product Revenue $ USD $7,000,000 $6,000,000 $5,000,000 Up 362% Total Revenue $ USD $10,000,000 $8,000,000 Up 307% $6,000,000 $4,000,000 $3,000,000 $2,000,0
Slide 32: Revenue Growth Continues
Summer 2024 Investor Presentation Revenue Growth Continues a TTM Revenue $ USD \ (_ Revenue $ USD $10,000,000 $2,500,000 Ese $2,000,000 $6,000,000 $1,500,000 Up 894% $4,000,000 $1,000,000 $2,000,000 $500,000 $0 YY LY LY OY oh ah oP PP oP oP cl NUE NURSE NUE NUE MEE NENIEN EE NUE NE NaN Hh PhP ah Mah
Slide 33: Using Less Cash
Summer 2024 Investor Presentation Using Less Cash $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 Net Cash $ USD Used in Operating Activities 6 Months 2023 2024 wy, Net Cash $USD Used in $1,000,000 Investing Activities 6 Months $800,000 $600,000 $400,000 $200,000 $0 Down 82% Net Cash $ US
Slide 34: Balance Sheet is Stronger
Summer 2024 Investor Presentation Balance Sheet is Stronger /_ Cash + AR ($ USD) Quarter Ending (_ Total Liabilities ($ USD) Quarter Ending $3,000,000 $14,000,000 Up 40% $2,500,000 $12,000,000 Down 42% $10,000,000 $2,000,000 $8,000,000 $1,500,000 $6,000,000 $1,000,000 $4,000,000 eco $2,000,000 $0 =
Slide 35: KULR Texas - Center of Excellence
Summer 2024 Investor Presentation KULR Texas - Center of Excellence as Strategic Location close to NASA and Customers Pasadena Der Par south Houston Brookside Vilage Pearland AXIOM Wo KX xv cotlins SPACE vane pt apigy af Aerospace ” leidos LOCKHEED MARTIN vacobs Disclaimer Statement Contents contine
Slide 36: KULR Corporate Overview
Summer 2024 Investor Presentation KULR Corporate Overview Institutional Shareholders Public Listing Market NYSE American Symbol KULR Market Capitalization $54M BlackRock Stock Price (as of 8/21/2024) $0.28 _ Total Shares (as of 8/21/2024) Lo cewarer wvGEODE Insider Holdings 20.4% Total Floating Shar
Slide 37: Our Leadership Team
Summer 2024 Investor Presentation Our Leadership Team | KULR — Michael Mo CEO & Co-Founder @ Shawn Canter CFO William Walker, Ph.D. cTo x “ Peter Hughes ‘a VP of Engineering J \ Michael Carpenter VP of Engineering Ted Krupp VP of Sales and Marketing wy Disclaimer Statement| Contents contzined on the
Slide 38: KULR Corporate Overview
Summer 2024 Investor Presentation KULR Corporate Overview Sales Team Contacts USA West § International, Ted Krupp USA Central, Ted Krupp USA East, Sean Plasse Inside Sales, Willie Galon § Tanna Cruickshank Immediate Support Email: contact@kulrtechnology.com Phone: +1 (858) 866-8478 KULR Innovation H
Slide 39: Thank You
Thank You KULR |
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