Slide 1: Q1 2026 Earnings Call
May 12, 2026 Q1 2026 Earnings Call G2_AUSTIN CONSTRUCTION: APRIL 2026 1
Slide 2: Important Notices
Q1 2026 Earnings Call Important Notices Forward Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All Use of Non-GAAP Financial Measures statements contained in this presentation that do not relate to
Slide 3: Participants and Agenda
Q1 2026 Earnings Call Participants and Agenda Prepared Remarks ITEM DETAILS Daniel Barcelo ▪ Key messages Chairman of the Board and Chief Executive Officer ▪ Business updates ▪ Concluding remarks Jaime Gualy ▪ G1_Dallas update Chief Operating Officer Evan Calio ▪ Financial summary Chief Financial Of
Slide 4: State of the Business
Q1 2026 Earnings Call State of the Business T1 is positioned downstream of hyperscaler demand for power and at the nexus of U.S. advanced manufacturing and policy ▪ G2_Austin construction proceeding on schedule with foundational concrete works underway in April 2026 and erection of first steel expec
Slide 5: G2_Austin: Flagship U.S. Project Update
Q1 2026 Earnings Call G2_Austin: Flagship U.S. Project Update Construction of T1’s flagship U.S. solar cell fab proceeding on schedule WE ARE HERE Latest from G2_Austin: Construction proceeding Q2 Q3 Q4 on schedule despite unusually wet weather at site in April 2026 Concrete work PLE enters US PLE e
Slide 6: G1_Dallas Operations Update
Q1 2026 Earnings Call G1_Dallas Operations Update Executing against 3GW of contracts in 2026 G1_Dallas Q1 2026 Production and Outbound Activity Production Status Summary ▪ Produced 683.3 MW of solar modules in Q1 2026 ▪ In April, G1_Dallas produced at a 3.4 GW annualized rate Sales Update ▪ T1 gener
Slide 7: T1 Financial Summary
Q1 2026 Earnings Call T1 Financial Summary T1 generated record quarterly Adjusted T1 BALANCE SHEET SUMMARY EBITDA of $9.1 MM in Q1 2026 As of As of $ in millions 31-Mar-26 31-Dec-25 683 MW 17% $9.1 MM Cash, cash equivalents, and restricted cash $124 $271 Q1 2026 Module Q1 2026 Gross Q1 Adjusted EBIT
Slide 8: 2026 – 2027 Outlook
Q1 2026 Earnings Call 2026 – 2027 Outlook T1 is well positioned to navigate bridge year to planned G2_Austin start of production and expected step change in earnings power in 2027 INTEGRATED G1/G2 OPERATING Production Guidance Market Outlook AND FINANCIAL GUIDANCE Maintaining 2026 production guidanc
Slide 9: T1's Unique Commitment to U.S. Energy Dominance
Q1 2026 Earnings Call T1’s Unique Commitment to U.S. Energy Dominance T1 is building an integrated U.S. polysilicon-based solar supply chain Investing in American Advanced Manufacturing Supporting the nascent U.S. Aligned with U.S. policies that promote polysilicon industry domestic solar ▪ G1_Dalla
Slide 10: T1's Strategic Priorities
Q1 2026 Earnings Call T1’s Strategic Priorities Positioning T1 as the first vertically integrated American silicon-based advanced solar company 1 2 3 Fund and build Enhance T1’s Grow T1’s supply chain, sales G2_Austin Ph. 1 profitability and engineering teams ▪ T1 is targeting a comprehensive financ
Slide 11: Lil
Lil LLL YY YW) LWW