ADVANCED BRAKING TECHNOLOGY LTD — AGM Information 2020

Nov 17, 2020

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CEO Presentation AGM - 18 November 2020

Disclaimer

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The material contained in this presentation sets out general background information

It does not constitute or contain an offer or invitation to subscribe for or purchase any securities nor does it constitute an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for or purchase securities will be entered into on the basis of this presentation.

The information supplied is in summary form and does not purport to be complete. You should neither act nor refrain from acting in reliance on this presentation material. This overview does not purport to contain all information that its recipients may require in order to make an informed assessment of the prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation and when making any decision in relation to this presentation.

The information in this presentation does not take into account the objectives, financial situations or needs of any particular individual. You should consider seeking independent professional advice based on your own objectives.

All statements, other than statements of historical fact, included in this presentation are forward-looking statements. They involve subjective judgement, assumptions and analysis and are subject to significant risks, uncertainties and other factors. Accordingly, there can be no assurance that such statements or expectations will prove to be accurate and actual results and future events may differ materially from those anticipated or described in this presentation. Historic information is not an indication or representation of the future.

To the extent permitted by law, Advanced Braking Technology Ltd and its representative officers, employees, agents and advisers give no warranty, representation or guarantee as the accuracy, completeness or reliability of the information contained in this presentation. Further, none of Advanced Braking Technology Ltd and its respective officers, employees, agents and advisers accept, to the extent permitted by law, responsibility for any loss, claim, damages, costs, or expenses arising out of, or in connection with, the information contained in this presentation.

FY20 Highlights

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Financial results

Debt free following extinguishment of $2.25 million of borrowings Total revenues of $9.1 million, an increase of 22% on FY19 Net profit result achieved, a $1.9 million turnaround on FY19 Positive net cash flows from operating activities achieved Product margins increased over FY19 result Balance sheet significantly strengthened with net assets increasing by 96% No requirement for R&D prepayment loan to assist with cash flow

FY20 Highlights

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Product sales up $1.5m (22%) on FY19

Net profit up $1.9m (110%) on FY19

FY20 Highlights

Diversification

First long term supply agreement secured – Hawkei Project

1 customer for sales was outside traditional mining base

Further product portfolio, customer base and industry diversification

Intellectual Property

Patent portfolio strengthened

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Leadership

Continued to build leadership team and internal capability

New Director – Sales and Marketing appointed

New Chief Financial Officer appointed

COVID-19

Successfully navigated COVID-19 operating environment

FY20 strategic diversification

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Product, industry, customer and geographic diversification

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Growth strategy

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ABT will build on the momentum already created by implementing its growth strategy through:

• ➢ organic growth of our existing business through continual internal innovation

• ➢ pursuing high impact growth opportunities in markets that require innovative braking systems for transport solutions of the future

• ➢ inorganic growth through the implementation of our Joint Ventures, Partnering and Acquisitions strategy

• ➢ increasing control of our supply chain

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Capture opportunities
Secure additional
outside existing Increase brand
revenue streams from
business for which ABT awareness to leverage
existing product
technology provides a opportunities
portfolio
solution
Invest in R&D focussing
Achieve size and Invest in our supply
on failsafe and sealed
scalability through Joint chain to leverage
braking technology for
Ventures, Partnering process and margin
use within transport
and Acquisitions improvements
solutions of the future
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Strategy implementation

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Market opportunities

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Key messages

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The foundations for growth have now been established

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A number of growth opportunities have been identified and are currently being evaluated

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ABT will gain size and scale through organic growth, mergers, acquisitions and partnering opportunities

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ABT will continue to innovate to ensure its product portfolio has a role to play in the automotive megatrends of automated, electric and connected vehicles

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We will succeed as we are an innovative solution provider that has the right leadership, people, products and customer base that values the safety of people and equipment and cares for the environment

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Leadership Team

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John Annand

Tony Van Litsensborgh

Ben Suda

Paige Exley

Chief Executive Officer

Engineering Manager

Director Sales and Marketing

Chief Financial Officer

John brings significant experience to the role of CEO gained in executive finance and operations roles with ASXlisted and multi-national resources and pharmaceutical companies, including Woodside Energy, Norwest Energy and AusCann. His previous roles of CEO, COO and CFO have seen him responsible for strategy development and execution, capital raisings, investor relations and corporate governance. John is a Chartered Accountant and Chartered Secretary as well as holding formal qualifications in both business and financial analysis.

Tony brings extensive engineering, project and supply chain management experience to the company in addition to automotive component manufacturing, product design and development and industrial engineering, having worked in executive roles at Dorbyl, Bell Equipment, Howard Porter and G&G Mining. Tony has developed product solutions for the automotive, mining, road transport and heavy earth moving industries and has formal qualifications in Industrial Design and both Lean and Six Sigma manufacturing methods.

Ben brings significant sales and business Paige brings extensive financial and development experience to the role, corporate governance experience to gained in executive roles predominantly the company having held both CFO within the mining industry, but also and Company Secretary roles across with exposure to the construction, numerous publicly listed companies agricultural and chemical industries, in the resources, technology and having worked for Thyssenkrupp professional services industries. In Industrial Solutions, Minprovise these roles she has been responsible International, Metso Minerals, Joy for corporate governance, capital Global (now Komatsu Mining) and Boart raisings, mergers and acquisitions and Longyear. Ben has formal qualifications financial and taxation compliance. in business, with a major in marketing, Paige is a Chartered Accountant and and has been accountable for strategic Chartered Secretary and has formal account management, marketing and qualifications in business. communications.

Our Purpose

WE BELIEVE IN SAFETY – IT IS CENTRAL TO EVERYTHING WE DO

Through embracing “Safety Principles” in everything we do, we aspire to create prosperity for everyone that is touched by our business. We aim to produce and sell innovative braking solutions with the commitment to promoting sustainable business practices that protect people and the environment.