Slide 1: Corporate Presentation June 2021
TSXV: CVX | OTCQB: CTXXF C O R P O R AT E P R E S E N TAT I O N JUNE 2021
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains certain statements that may be deemed "forward-looking statements". All statements in this document, other than statements of historical fact, that address events or developments that CEMATRIX (“the Company”) expects to occur, are forward looking
Slide 3: Who We Are
Who We Are CEMATRIX is an on-site Cellular concrete (CC) is a technologically Numerous applications including the manufacturer and installer of cellular advanced, specialized, premium backfill of overpasses, bridges, concrete. CEMATRIX utilizes a number of construction material that is generally mec
Slide 4: Key Investor Considerations
Key Investor Considerations Leading Cellular Concrete Provider Infrastructure focused business in a fast-growing lucrative market • One of the world leaders in cellular concrete technology • U.S. and Canadian governments are expected to spend trillions on • A North American leader in on-site manufac
Slide 5: Our Focus on Sustainability
Our Focus on Sustainability E N V I R O N M E N TA L ; S O C I A L ; G O V E R N A N C E Environmental CEMATRIX is focused on supplying environmentally friendly products and pursuing acquisitions that will expedite CEMATRIX’s goal of reducing our carbon footprint to zero by 2030. Social CEMATRIX wil
Slide 6: Strategic Partnership
Strategic Partnership J O I N T M A R K E T I N G A N D S U P P LY A G R E E M E N T S Lafarge is part of LafargeHolcim (SWX: LHN), the leading global building materials and solutions company Lafarge confirms that CEMATRIX is becoming one of their leading North American customers Raw material cost r
Slide 7: Lafarge's Focused Journey to Sustainability
Lafarge’s Focused Journey to Sustainability CEMATRIX is well positioned to take advantage of the global paradigm shift towards sustainable solutions and is working with partners that share similar priorities In September 2020, LaFargeHolcim (SWX: LHN) signed a Net Zero Pledge with science-based targ
Slide 8: What is Cellular Concrete?
What is Cellular Concrete? It’s not concrete and never replaces concrete Cellular concrete is a construction material consisting of Portland cement, water, Portland cement based specialized pre-formed foaming agent, additives and compressed air “No Aggregates” It is highly flowable and can be pumped
Slide 9: How is it Made?
How is it Made? CELLULAR CONCRETE PLANT CEMATRIX cellular concrete is made using Mobile Batch Plants 10 dry plants used for high volume projects Fleet Replacement cost: $15M | 30+ year life if maintained regularly 8 wet plants used for small-to-mid-sized volume (municipal type) Fleet Replacement cos
Slide 10: Proprietary Technology
Proprietary Technology Nothing compares to CEMATRIX cellular concrete Advanced material mix design - optimizes strengths, densities and other characteristics Advanced foaming agents and additives - higher strengths at lower densities than the competition Advanced processing equipment - capable of pr
Slide 11: Generally Greener and More Sustainable
Generally Greener and More Sustainable E N E R G Y E F F I C I E N C Y as an insulator, thereby reducing heat loss CEMATRIX cellular concrete is REDUCED GREENHOUSE GAS EMMISSIONS THROUGH generally much more sustainable S I G N I F I C A N T LY R E D U C E D O N S I T E C O N S T R U C T I O N T R A
Slide 12: Cellular Concrete Replaces Legacy Products
Cellular Concrete Replaces Legacy Products CEMATRIX can produce a cellular concrete that is lighter, stronger, and lower in cost than the legacy products it is used to replace LEGACY PRODUCTS WE CAN REPLACE / REDUCE THE USE OF: Cellular concrete replaces legacy products 1. Better solution required 2
Slide 13: Competitive Advantages
Competitive Advantages CEMATRIX saves time, money, and generally reduces green house gas emissions while providing a better overall long-term solution to the legacy products that cellular concrete replaces CEMATRIX cellular concrete is lighter and stronger than similar competitor specifications Unit
Slide 14: Case Study - Environmental and Cost Savings
Case Study - Environmental and Cost Savings SUMMA RY O F SAV I N G S O N D I XI E ROA D P ROJ EC T V E RSUS T R A D I T I O N A L CO N ST R UC T I O N 40% 25% 70% 75% Less Cost Less Emissions Less Excavation Less Trucks Volume (Construction Traffic) Furthermore, sheet piling, deep excavation, and gr
Slide 15: Three Business Verticals
Three Business Verticals 1 Infrastructure 2 Industrial & 3 Commercial & Seismic (Including Tunnels) Mining • Road and Runways • Service Roads • Buildings • MSE Panel Backfill • MSE/Retaining Walls • Parking Structures • Overpass/Bridge Backfill • Facility Under-slab • Roof Decks • Tunnel Grouting/Pi
Slide 16: Who are Our Customers
Who are Our Customers Customers include: ASX: WOR NYSE: FLR TSX: ARE Engineering Companies Commercial Contractors NYSE: ACM TSX: SNC Public-Private Partnerships (P3) Who design materials into projects: Kiewit, Stantec (TSX: STN), Jacobs Engineering (NYSE: J), Chicago Bridge and Iron, SAK, McNally (X
Slide 17: Growth Strategy
Growth Strategy 6 Expansion into international markets and licensing / franchise opportunities in near future 5 Strategic alliances 4 Mergers and acquisitions of other CC suppliers & complementary companies 3 Regional expansion 2 Successful execution of projects – referrals & reputation 1 Lobbying /
Slide 18: Disciplined M&A Strategy
Disciplined M&A Strategy M&A Target Considerations Acquisition Highlight: MixOnSite • In May 2018, the Company acquired MixOnSite (“MOS”) for $5.75M USD plus a 3 yr Earnout Accretive • MOS was a profitable cellular concrete leader in the United States with additional technologies to benefit the CEMA
Slide 19: Major Milestones and a History of Endurance
Major Milestones and a History of Endurance April 2006 January 2018 September 2019 December 2020 Cematrix goes public via reverse Executed Lafarge Agreements Acquired Pacific International Grout, Awarded largest ever takeover by way of capital pool and continued to develop the one of three remaining
Slide 20: Financials
Slide 21: Revenue Model
Revenue Model $5,000 - $500,000 $500,000 - $30,000,000 Typical larger contracts State, Provincial, and Municipal Large Highway, Airport, Industrial, and PROJECT TYPE Tunnels Including P3 Type projects will range between $1M TYPICAL SALES CYCLE 1 week - 6 months 3 Months to 5 Years or More to $6M. Mo
Slide 22: Growing Revenues and Backlog
Growing Revenues and Backlog 90 81.5 80 70 Current backlog 60 55.6 as of June 30, IN $ MILLIONS 50 2021, is over 40 $94M 30 26.6 22.6 20 17.6 18.7 10.5 10 7.7 0 2017 2018 2019 2020 YEAR Revenue Backlog TSXV: CVX | OTCQB: CTXXF 22
Slide 23: Capital Structure Overview
Capital Structure Overview Exchanges & Tickers 20% TSXV: CVX | OTC: CVXXF Insider Ownership Corporate Headquarters Calgary, Alberta Basic Shares Outstanding 1 128.2M Fully Diluted Shares Outstanding 1 175.6M ~$22.4M Cash & 52 Week High/Low 1 $0.86 / $0.38 Equivalents2 Market Capitalization 1 $63.5M
Slide 24: Experienced Management Team
Experienced Management Team Jeff Kendrick, CA Randy Boomhour, CPA, CMA Pat Stephens Jordan Weiner President, CEO, Board Member Chief Financial Officer President, Pacific International Grout 1 President, MixOnSite 1 Jeff is the Chief Executive Officer and Co- Randy is a Chartered Professional Pat is
Slide 25: Board of Directors
Board of Directors Minaz Lalani Steve Bjornson, CA Patrick N. Breen Robert L. Benson, P. Eng. Dan Koyich Anna Cuglietta Chairman of the Board Corporate Governance Chair Comp Committee Chair Audit Committee Chair Robert is a former senior business Dan is the former President of Anna currently serves
Slide 26: Investment Summary
Investment Summary Cellular Concrete is one of the fastest CEMATRIX is one of the world leaders in Cellular CEMATRIX has State of the art growing construction materials markets in Concrete technologies and a North American equipment, foaming agents and other the world today leader in the on-site man
Slide 27: Thank You
T H A N K - YO U C E M AT R I X Bristol IR Howard Group Corporate Head Office Investor Relations Contact Corporate Strategy Contact 9727 - 40th Street SE Calgary, AB Glen Akselrod Jeff Walker 403 219 0484 905 326 1888 403 221 0905 www.CEMATRIX.com www.bristolir.com www.howardgroupinc.com info@CEMATR
Slide 28: Project Examples
Project Examples CEMATRIX Cellular Concrete Solutions
Slide 29: Airport Runways
Airport Runways Reagan International – Washington DC • Floating slab over weak and unstable base to expand runway aprons. Airport is built along a river. All soils along or near waterways, marshes, wetlands or over glacial silts etc. are extremely weak. You can either remove all the bad soils and re
Slide 30: Industrial
Industrial Diesel Refinery – Fort Saskatchewan • Insulating subbase for significant portion of the NWR Diesel Refinery protecting all manor of water lines, sewer lines, conduits, etc. underneath, while providing a subbase for the concrete slabs and facility infrastructure • Cellular concrete was sel
Slide 31: Tunnel Grouting
Tunnel Grouting Brightwater - Seattle • Tunnel Backfill with multiple carrier pipes inside tunnel • Cellular concrete was selected over heavy grouts because it was the only viable solution, in that it was an extremely risky gout project, due to the number of pipes in the tunnel • CEMATRIX (MixOnSite
Slide 32: Road Base & IADOT Bridge
Road Base & IADOT Bridge 8 IOWA • Lightweight road base over weak and unstable soils • Cellular concrete was selected over EPS Block and other lightweight aggregates because of cost and time savings • CEMATRIX (MixOnSite) was selected because it was the better solution at the right price and one of
Slide 33: MSE Backfill
MSE Backfill Expo Light Rail - California • Cellular concrete was selected to reduce the vertical and horizontal loads on the underlying soils and MSE walls to mitigate future movement and/or subsidence. The alternatives would have been granular fill which would create issues noted above, EPS Block
Slide 34: Tunnel
Tunnel Heavy Grout - California • Tunnel Backfill – Arrowhead Tunnels, San Bernardino CA • Cellular concrete was selected over heavy grouts by the project team for its superior qualities and cost savings • CEMATRIX (Pacific International Grout) was selected because PIGCO are the premier suppliers of
Slide 35: Cellular Concrete vs EPS Blocks
Cellular Concrete vs EPS Blocks Geotechnical - Wisconsin • Marquette Interchange, Milwaukee • Cellular concrete was selected over EPS Block, and/or other lightweight aggregates or gravel because of its superior qualities and cost savings • CEMATRIX (Pacific International Grout) was selected because
Slide 36: Industrial
Industrial Sag D Process Facility - Lloydminster • Insulating subbase for all of the Paradise Hills Sag D facility • Cellular concrete was selected because of the better overall solution it provided, in a significantly reduced time period, at a significantly reduced cost. In the past for all oilsand
Slide 37: Commercial
Commercial Montreign Casino – New York • Load Reducing Fill • Cellular concrete was selected to replace heavy soil backfill to reduce the load on the underground perimeter wall because of the better overall solution it provided, in a significantly reduced time period, at a significantly reduced cost
Slide 38: MSE Backfill
MSE Backfill Kenaston Overpass - Winnipeg • Backfill for Bridge Abutments and MSE Panels • Cellular concrete was selected over granular fills and dirt because of the better overall solution it provided over weak and unstable soils, in a significantly reduced time period. The alternatives would have
Slide 39: Road Base
Road Base Holland Marsh - Ontario • Holland Marsh – provided a floating base over weak and unstable soils (peat moss) to support highway structure • Cellular concrete was selected over all other materials because the CC solution eliminated the need to dig out over 7 meters of week and unstable soils
Slide 40: Tunnel Grouting
Tunnel Grouting North Saskatchewan River - Edmonton • Tunnel Grout • Cellular concrete was selected over traditional heavy grouts because the air bubbles within the CC act as frictionless ball bearings enabling the CC to be pumped long distances under low pressure. A traditional grout was scheduled
Slide 41: Tunnel
Tunnel Heavy Grout - Washington • Tunnel Backfill – Brightwater Conveyance Tunnel • Cellular concrete was selected over traditional heavy grouts because cellular can be pumped long distances under low pressure in significantly less time at a lower material cost • CEMATRIX (Pacific International Grou