Hazer Group Ltd. · ASX:HZR
Hazer — Shareholder Meeting (November 2023)
27 slides from Hazer's shareholder meeting presentation, Nov 23, 2023
Slide 1: 2023 AGM Chairman's Address & MD Presentation
Hazer Group Limited (ACN 144 044 600) Level 9, 99 St Georges Tce, WA 6000 PO Box Z5511, St Georges Tce, Perth, WA 6831 2023 AGM CHAIRMAN’S ADDRESS & MD PRESENTATION PERTH, AUSTRALIA; 23 November 2023: Hazer Group Ltd ("Hazer" or "the Company") (ASX: HZR) is pleased to provide the following Chairman’
Slide 2: Chairman's Address (continued)
project across all work streams, including the commercial aspects of project agreements as we move closer to FID. I would like to thank you, our shareholders, for supporting us again as we commercialise our technology, through our Rights Issue which successfully raised $14.7m this year to support ou
Slide 3: Hazer Group Annual General Meeting
ASX:HZR For personal use only Hazer Group ANNUAL GENERAL MEETING Thursday, 23 November 2023
Slide 4: Disclaimer
2 Hazer Group Ltd – AGM Presentation, 23 November 2023 Disclaimer Important information This presentation has been prepared by Hazer Group Limited (“Hazer” or “the Company”) Forward Looking Statements Statements contained in this document or made during or in connection Summary Information This docu
Slide 5: Hazer FY23 Highlights: Executing scale-up
3 Hazer Group Ltd – AGM Presentation, 23 November 2023 Hazer FY23 Highlights: Executing scale-up For personal use only Commercialise • Successful procurement and installation of heat exchanger and reactor • CDP construction completed in line with schedule - significant milestone for company • Commis
Slide 6: Executing scale-up strategy in hard-to-abate sectors
4 Hazer Group Ltd – AGM Presentation, 23 November 2022 Executing scale-up strategy in hard-to-abate sectors For personal use only Strategy: Enablers: MONETISE & • Commercial scale projects in multiple • Japan & EU Production Facilities GROW jurisdictions under license agreements • New Business Proje
Slide 7: Key Activities
5 Hazer Group Ltd – AGM Presentation, 23 November 2022 Key Activities For personal use only CY2023 CY2024 H1 H2 H1 Procurement, Fabrication, Engineering & Commercial Demonstration Plant Installation (100 tpa) Start-up Targeted Production & Testing Program Hazer-Fortis 2,500 tpa Canada Plant FEED S
Slide 8: Commercial Demonstration Plant (CDP)
For personal use only Commercial Demonstration Plant (CDP)
Slide 9: Commercial Demonstration Plant confirming scalability
7 Hazer Group Ltd – AGM Presentation, 23 November 2023 Commercial Demonstration Plant confirming scalability For personal use only The first fully-integrated demonstration plant of the Hazer Process Project Summary • 100 tpa H2 and ~380 tpa graphitic carbon • Carbon negative process with biogas feed
Slide 10: CDP on track for start-up in 2023
8 Hazer Group Ltd – AGM Presentation, 23 November 2023 CDP on track for start-up in 2023 For personal use only Key Milestones to Ready for Start-up (RFSU) Latest Updates Reactor successfully installed Phase 1 plant construction Commissioning underway CDP start-up on schedule Phase 1 commis
Slide 11: Leveraging CDP into new commercial projects
9 Hazer Group Ltd – AGM Presentation, 23 November 2023 Leveraging CDP into new commercial projects For personal use only Targeting commercial deployment readiness in 2024 New Commercial Projects Commercial Demonstration Plant (CDP) Demonstrate Continuous Operation • Performance testing & process opt
Slide 12: Investment Highlights
For personal use only Investment Highlights
Slide 13: Investment highlights
11 Hazer Group Ltd – AGM Presentation, 23 November 2023 Investment highlights For personal use only A disruptive and world-first hydrogen production technology well positioned to play a substantial role in global decarbonisation. 1 2 3 4 Low-cost, Low- Compelling Global Tier-1 Rapidly Growing emissi
Slide 14: Building leading position in a rapidly growing market
12 Hazer Group Ltd – AGM Presentation, 23 November 2023 1 Building leading position in a rapidly growing market For personal use only Hydrogen will play a key role in the decarbonisation of hard-to-abate sectors Current market 500 MTPA ~95 MTPA in 2050*1 © Getty Images Hazer First Mover Advantage 1I
Slide 15: Low cost & low emissions hydrogen
13 Hazer Group Ltd – AGM Presentation, 23 November 2023 2 Low cost & low emissions hydrogen For personal use only Hazer well positioned as a low-cost, low-emissions hydrogen technology Methane Pyrolysis vs SMR Existing Technologies Electrolysis 2x methane on grid 10% less heat Steam Methane Refo
Slide 16: "Plug-in" technology using existing infrastructure
14 Hazer Group Ltd – AGM Presentation, 23 November 2023 2 “Plug-in” technology using existing infrastructure For personal use only End-use deployment and application of the Hazer Technology eliminates H2 transport risk and reduces cost • Eliminates requirement for hydrogen transportation cost and ri
Slide 17: Cost ambition
15 Hazer Group Ltd – AGM Presentation, 23 November 2023 3 Cost ambition For personal use only Competitive Hydrogen Cost in Target Markets: • Cost of Production correlates strongly with feedstock gas and power prices • Targeted H2 cost per kg therefore varies across target markets • Cost-competitive
Slide 18: Global partners & projects
16 Hazer Group Ltd – AGM Presentation, 23 November 2023 4 Global partners & projects For personal use only Tier-1 partners developing commercial projects in North America, Europe and Asia-Pacific
Slide 19: Advanced technology readiness
17 Hazer Group Ltd – AGM Presentation, 23 November 2023 5 Advanced technology readiness For personal use only Project Rapid development since company founding and advancing Tech Readiness Level (TRL) Development Pipeline (< 60kg/hr* continuous**) (~<2 kg/hr* semi-continuous) (~1Kg* batch) (<100g* ba
Slide 20: "Capex-lite" business model enables early free-cashflow
18 Hazer Group Ltd – AGM Presentation, 23 November 2023 6 “Capex-lite” business model enables early free-cashflow For personal use only Hazer business plan premised on licensing and royalty revenues avoiding large-scale capex exposure Hydrogen Royalties • One technology, two valuable markets • Flexi
Slide 21: Graphite production diversifies earnings
19 Hazer Group Ltd – AGM Presentation, 23 November 2023 7 Graphite production diversifies earnings For personal use only A synthetic, low emissions product with differentiated morphology and properties • Highly structured vs amorphous carbon black Mitsui MOU • Iron inclusions produce magnetic graphi
Slide 22: Global policy action gaining momentum
20 Hazer Group Ltd – AGM Presentation, 23 November 2023 8 Global policy action gaining momentum For personal use only Hydrogen strategies expected in countries representing over 80% of global GDP by 2025 inflation Reduction Act (IRA)
Slide 23: Growth & Monetisation
For personal use only Growth & Monetisation Commercial scale projects, global portfolio
Slide 24: Overview of key scale-up development projects
22 Hazer Group Ltd – AGM Presentation, 23 November 2023 Overview of key scale-up development projects For personal use only BC, Canada Nagoya, Japan Montoir, France • New site options in progress • Existing LNG import terminal or power • Existing LNG import terminal site • Likely H2 to be used at si
Slide 25: Hazer Group Ltd
Hazer Group Ltd For personal use only ASX:HZR Investor Relations Enquiries: contact@hazergroup.com.au Media Enquiries: hhowlett@we-worldwide.com
Slide 26: Abbreviations and units used
24 Hazer Group Ltd – AGM Presentation, 23 November 2023 Abbreviations and units used For personal use only ARENA Australian Renewable Energy Agency CCS Carbon Capture & Storage CDP Commercial Demonstration Plan FID Final Investment Decision IRR Internal Rate of Return KTPA thousands of tonne per ann
Slide 27: Assumptions and notes
25 Hazer Group Ltd – AGM Presentation, 23 November 2023 Assumptions and notes For personal use only Slide 15 – Cost Ambition Sources: Company analysis and projections, modelling a range of notional outcomes: 1. Feedstock gas - Asia Pacific US$13/mmbtu, Europe ~US$8/mmbtu, North America ~US$2/mmbtu 2