Advanced Energy Minerals Ltd · ASX:AEM
Advanced Energy Minerals — Shareholder Meeting (May 2026)
27 slides from Advanced Energy Minerals's shareholder meeting presentation, May 29, 2026
Slide 1: Investor Presentation Annual General Meeting 29 May 2026
Investor Presentation Annual General Meeting - 29 May 2026 INVESTOR PRESENTATION 1
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation (Presentation) is dated [insert] and has been prepared by Advanced Energy Minerals Future Performance Ltd (ACN 095 907 565) (AEM or the Company) and provides general information about the Company and its business. The Presentation contains certain “
Slide 3: Important Notices and Disclaimer (cont.)
Important Notices and Disclaimer (cont.) No Warranty and Disclaimer Effect of Rounding No party other than AEM has authorised or caused the issue, lodgement, submission, dispatch or A number of figures, amounts, percentages, estimates, calculations of value and fractions in this provision of this Pr
Slide 4: Introduction
1 Introduction INVESTOR PRESENTATION 4
Slide 5: Company Overview
Company Overview Advanced Energy Minerals is a customer focussed, innovative producer of high and ultra-high purity alumina products serving attractive end-markets Overview Cap-Chat Plant Expansion Project Snapshot ✓ AEM is a producer of high purity alumina (HPA) from a 2,000 tpa capacity production
Slide 6: HPA Market Overview
2 HPA Market Overview INVESTOR PRESENTATION 6
Slide 7: High-Growth Global Demand in HPA End-Markets
High-Growth Global Demand in HPA End-Markets Inherent properties – high thermal conductivity, high melting point; extreme hardness & wear resistance, high mechanical strength; chemically stable; excellent electrical insulation, transparent to microwave frequencies Synthetic Electronics and Other and
Slide 8: Semiconductors – exceeding CM Group estimates
Semiconductors – exceeding CM Group estimates Data centres and AI is driving chip demand, performance improvements, and rapid increase in use of HPA, and ultra-low alpha HPA FABRICATION Ceramic Objects Chemical Mechanical Polishing (CMP) 2026 to 2029 growth 100 tpa 4N 2026 to 2029 growth 600 tpa HPA
Slide 9: Overview of Global HPA Supply
Overview of Global HPA Supply China is the largest producer with production geared toward internal synthetic sapphire - imports approximately 2,000 tpa HPA for demanding applications Capacities of HPA Producers in 2024 Breakdown of Global Supply 3 Tonnes per annum 4N+ HPA Supply in 2024, % of total
Slide 10: HPA Demand and Supply Dynamics
HPA Demand and Supply Dynamics Strong demand growth combined with sluggish side supply response to lead to a sustained supply deficit from 2029 Global HPA Supply and Demand Outlook Overview Kilotonnes per annum, 4N/4N+ HPA ▪ Strong global demand of 13.6% CAGR from 2013 to CAGR: ~10.0% 2024, driven b
Slide 11: HPA Pricing Dynamics
HPA Pricing Dynamics Tight market conditions and forecast undersupply expected to drive meaningful increase in HPA pricing HPA Pricing Dynamics 4N/4N+ HPA Pricing Forecast (CM Group 2025) HPA Product Pricing (US$/kg) Form Region 2025 2026 Long-term Speciality ▪ Creates a strong interdependence Produ
Slide 12: Global Industry Production Cost Curve
Global Industry Production Cost Curve CM Group estimates AEM to have lower production costs than rest of world producers while delivering the same or higher quality HPA product Historically Today Outlook Dominated by two distinct groupings: ▪ New ROW producers (AEM) are entering the HPA ▪ A clear ne
Slide 13: Company Overview and Plant Expansion
3 Company Overview and Plant Expansion INVESTOR PRESENTATION 13
Slide 14: Strategically Located Operations
Strategically Located Operations The Cap-Chat Plant is in the Canadian Province of Quebec, benefiting from a stable, advanced economy, locally sourced feedstock, and low-cost renewable energy Map of Canadian Operations Operational Advantages 1 Politically stable and business friendly ✓ jurisdiction
Slide 15: The Montreal Technology Development Centre
The Montreal Technology Development Centre Creating processes to produce next-generation materials for critical supply chains ...driving further strategic and financial benefit to AEM ✓ Enhances intellectual property portfolio with Continued focus on innovation in production process... proprietary p
Slide 16: Stage 1 Project Overview
Stage 1 Project Overview AEM has successfully delivered a commercial scale plant with an HPA production capacity of 2,000 tpa, and will complete Stage 1 with an additional 1,000 tpa capacity in 2026 Pathway Tunnel Kiln In Operation ✓ AEM successfully delivered the Stage 1 Expansion program 2023-2025
Slide 17: Stage 2 Expansion Project Overview
Stage 2 Expansion Project Overview AEM has plans to double capacity to 6,000 tpa through a Stage 2 Expansion Project, which would be located adjacent to the existing Stage 1 Plant Expansion Project Overview Stage 2 PFS Metrics at Steady State Production Financial Metrics Based on Pre-Feasibility Stu
Slide 18: Staged Ramp Up and Expansion Plan Timetable
Staged Ramp Up and Expansion Plan Timetable A clear path to 6,000 tpa HPA capacity by 2029 2025 2026 2027 2028 2029 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Stage 1 Expansion Project Complete Installation of 2k tpa Capacity Ramp-up to 2k tpa Capacity Procurement, Installation and
Slide 19: Sales and Marketing
4 Sales and Marketing INVESTOR PRESENTATION 19
Slide 20: Global Sales Infrastructure
Global Sales Infrastructure Dedicated in-house sales team with deep industry and sales experience complemented by a global network of distributors and agents Global sales infrastructure in place... ....providing robust coverage of end-markets In-house Sales Team Distributors / Agents In-house Sales
Slide 21: Customer Pipeline
Customer Pipeline The customer pipeline overall has continued to grow since December with increase in industrial trials reflecting customer interest in ultra low alpha HPA Focus on commercialisation has forged a robust customer pipeline... ...with customers seeking AEM’s... ~US$148m1 ~5,500 ~US$26.9
Slide 22: Examples of Qualification Process
Examples of Qualification Process HPA has a wide range of downstream applications, and the qualification processes required by customers can vary significantly, due to differences in product types and application scenarios Customer 1 Customer 2 Customer 3 Customer 4 ▪ Sector: Semiconductor ▪ Sector:
Slide 23: Management
5 Management INVESTOR PRESENTATION 23
Slide 24: Management Team
Management Team AEM’s management team has the requisite skills and experience to oversee plant development and long-term operational success Key Management Richard Seville Michael Adams Alexis Clark Executive Chairman Managing Director / CEO Chief Financial Officer ▪ Executive Chairperson of AEM sin
Slide 25: Closing Remarks
6 Closing Remarks INVESTOR PRESENTATION 25
Slide 26: Investment Highlights
Investment Highlights ✓ Innovative HPA producer capable of producing both purity levels up to 5N (99.999%) and uranium levels less than 1ppb Emerging Leader 1 in HPA ✓ Commercial scale capacity of 2,000tpa at the Cap-Chat Plant delivered in 2025 placing AEM among world’s leading HPA suppliers Innova
Slide 27: Advanced Energy Minerals
ADVANCED ENERGY MINERALS
Advanced Energy Minerals — Shareholder Meeting (May 2026) on 6ix