AMAERO LTD — AGM Information 2023

Oct 30, 2023

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AMAERO INTERNATIONAL LIMITED (ASX:3DA)

Annual General Meeting

31 October 2023

Amaero International Limited (ASX:3DA)

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Confidential

Legal disclaimer:

This presentation has been prepared by Amaero International Limited ACN 633 541 634 (“Amaero” or the “Company”) and does not constitute or form part of, and should not be construed as, an offer, solicitation or invitation to subscribe for, underwrite or otherwise acquire, any securities of Amaero or any member of its group nor should it or any part of it form the basis of, or be relied on in connection with, any contract to purchase or subscribe for any securities of Amaero or any member of its group, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever.

This presentation is not a prospectus, product disclosure statement or other disclosure document under Australian law (or any other law), and has not been lodged with the Australian Securities and Investments Commission (or any other regulatory body in Australia or abroad). This presentation contains summary information about Amaero and its activities, which is current as at the date of this presentation. The information included in this presentation is of a general nature and does not purport to be complete nor does it contain all the information which a prospective investor should consider when making an investment decision. Each recipient of this presentation should make its own enquiries and investigations regarding all information in this presentation including but not limited to the assumptions, uncertainties and contingencies which may affect future operations of Amaero and the impact that different future outcomes may have on Amaero. This presentation has been prepared without taking account of any person’s investment objectives, financial situation or particular needs. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, make their own assessment of the information and seek legal, financial, accounting and taxation advice appropriate to their jurisdiction in relation to the information and any action taken on the basis of the information.

The information included in this presentation has been provided to you solely for your information and background and is subject to updating, completion, revision and amendment and such information may change materially. Unless required by applicable law or regulation, no person (including Amaero) is under any obligation to update or keep current the information contained in this presentation and any opinions expressed in relation thereto are subject to change without notice. No representation or warranty, express or implied, is made as to the fairness, currency, accuracy, reasonableness or completeness of the information contained herein. Neither Amaero nor any other person accepts any liability and Amaero, its related bodies corporate and their respective directors, officers and employees, to the maximum extent permitted by law, expressly disclaim all liabilities for any loss howsoever arising, directly or indirectly, from this presentation or its contents.

This presentation includes forward-looking statements that reflect Amaero’s intentions, beliefs or current expectations concerning, among other things, Amaero’s results of operations, financial condition, liquidity, performance, prospects, growth, strategies and the industry in which Amaero operates. These forward-looking statements are subject to risks, uncertainties and assumptions and other factors, many of which are beyond the control of Amaero. Amaero cautions you that forward-looking statements are not guarantees of future performance and that its actual results of operations, financial condition, liquidity, performance, prospects, growth or opportunities and the development of the industry in which Amaero operates may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, Amaero does not guarantee any particular rate of return or the performance of Amaero nor does it guarantee the repayment or maintenance of capital or any particular tax treatment. Investors should note that past performance may not be indicative of results or developments in future periods and cannot be relied upon as an indicator of (and provides no guidance as to) Amaero’s future performance. Amaero, its related bodies corporate and each of their respective directors, officers and employees expressly disclaim any obligation or undertaking to review, update or release any update of or revisions to any forward-looking statements in this presentation or any change in Amaero’s expectations or any change in events, conditions or circumstances on which these forward-looking statements are based, except as required by applicable law or regulation.

This presentation and any materials distributed in connection with this presentation are not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction.

The distribution of this presentation in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about, and observe any such restrictions.

Amaero International Limited (ASX:3DA)

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Transformative progress over the past 100 days…

Amaero International Limited (ASX:3DA)

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12 Month Share Price Performance (October 2022 – October 2023)[1]

		MONTH OCTOBER 2023 QUARTER 6 MONTHS 12 MONTHS
Amaero International (ASX:3DA)		14.6% 74.1% 46.9% 186.6%
ASX 200		(3.1%) (8.6%) (6.6%) 0.0%
ASX Small Ordinaries		(5.0%) (11.6%) (10.7%) (-6.5%)

12 Month Share Price Performance (October 2022 – October 2023)[[1]]

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300.0% 12 Month Share Price Performance (October 2022 – October 2023) [[1]]
200.0%
186.6%
100.0%
- 0.0%
(6.5%)
(100.0%)
Oct-22 Feb-23 Jun-23 Oct-23
S&P/ASX Small Ords ASX 200 AMAERO
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Source: Iress

Note: Calculated as last traded price on 26[th] October 2023. Measured period is 26[th] October 2022 - 26[th] October 2023

Amaero International Limited (ASX:3DA)

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Confidential

Amaero is at the forefront of America’s industrial manufacturing renaissance.

• Set against a complex geopolitical landscape with global supply chain disruption, we are witnessing the reshoring of critical manufacturing capabilities to the United States.

• Enhancing the resiliency and scalability of defence production supply chains is a U.S. national priority.

• This is particularly applicable for advanced primacy capabilities such as hypersonic weaponry.

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“The war in Ukraine triggered particularly severe disruptions to global markets for critical raw materials.” - OECD

Amaero International Limited (ASX:3DA)

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Our journey begins with a modern, purpose-built facility in Tennessee.

• Located at 130 Innovation Drive in McDonald, Tennessee, Amaero signed a 15-year lease on 9300-sq-metre building within Spring Branch Industrial Park, a 300-acre dedicated, modern manufacturing park.

• We expect that the purpose-designed fit out will commence in 4Q CY2023, that installation of first atomiser will commence in 2Q CY2024 and that powder production will commence in 4Q CY2024.

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Amaero International Limited (ASX:3DA)

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The thriving Tennessee Valley offers a rich regional ecosystem.

• Tennessee has proven to be business-friendly and close to customers, R&D partners, supply chains, skilled employees and capital markets.

• Amaero has secured long-term support from the Tennessee Valley Authority (TVA), including investment credits and a 10-year electricity rate subsidy, providing competitive advantage.

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Tennessee is the best state in the nation for companies to succeed, thanks to our strong economy, unmatched business climate and highly skilled workforce. I thank Amaero for choosing Tennessee to establish its first U.S. facility and for creating more than 100 jobs in Bradley County, providing greater opportunity to Tennesseans.

Bill Lee – Governor

• Leveraging our proximity, we expect to closely collaborate with Oak Ridge National Laboratory and the University of Tennessee, Knoxville to advance applied research and development projects.

• Our location in the Tennessee Valley positions us nearby the industry ecosystem in Huntsville, Alabama.

The following representative companies are in the Tennessee Valley area.

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Amaero International Limited (ASX:3DA)

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Led by industry pioneers with a proven track record of delivering results.

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Executive
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Management team has prior employment experience with the above entities.

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Hank J. Holland
Chairman & Chief Executive Officer
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Operations
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Chris Scanlon Chief Financial Officer

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Technical Advisors
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Fred Yolton
Technical Fellow – Powder
Metallurgy & Materials Engineering
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Eric Bono President & Chief Technical Officer

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Jay Chandran Vice President, Operations

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Dr. David Schmidt Director of Computational Analysis

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Ken Davis Vice President, Corporate Development

Amaero International Limited (ASX:3DA)

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Advancing national security through critical material production for hypersonic defence.

• The U.S. is woefully behind its rivals in production of the “ raw materials needed to enable hypersonic technologies. In fact, “current hypersonic supply chains – including supply of critical materials – are incapable of supporting deployment of hypersonic weapons at scale. And lead times have grown exponentially.”

U.S. in hypersonic weapons “arms race” with China – Reuters Defence companies Lockheed Martin Corp (LMT), Northrop Grumman Corp (NOC) and Raytheon Technologies Corp (RTX) have all touted their hypersonic weapons programs to investors as world focus shifted to new arms race for an emerging class of weapon.

30 November 2021

– Air & Space Forces Report, May 2023. “

Who is winning the hypersonic weapons race? – The National Interest

Winning the race to deploy hypersonic weapons will be one of the most important achievements in U.S. national security in the 21st century. 3 November 2021

Hypersonic Leading Edge

Amaero International Limited (ASX:3DA)

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Confidential Our first atomiser will be dedicated to refractory alloy, C-103.

• Within the refractory and specialty alloy market, Amaero distinguishes production by ensuring very high-temperature alloys, such as C-103, are produced without contamination, resulting in the purest powder that can be produced today.

• Amaero plans to dedicate production of the first atomiser to C- 103, a Niobium alloy with high-performance, heat-resistant properties that are critical to applications such as hypersonics and space. As demand for C-103 ramps, surplus production capacity will be utilized to produce the most critical, high-value specialty alloy powders.

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Amaero International Limited (ASX:3DA)

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Our distinctive capability of powder metallurgy and NNS-HIP fulfills a pressing demand.

• The U.S. forging and casting industries suffer from a severe economic “

• disadvantage over much lower cost and often lower quality imports from China and Russia.

• The unreliable supply of foreign sourced raw materials and the critical shortage of forging capacity in the U.S. and allied countries has resulted in the grounding of a significant number of fighter aircraft and military assets.

Dozens of F-35 fighter jets unable to fly worldwide due to a serious parts shortage – Popular Mechanics The U.S. Air Force is down dozens of flyable F-35s due to a maintenance and spare parts crunch. An official in charge of the F-35 program says nearly 1 in 7 of the Air Force’s F-35s can’t fly at all, with some planes awaiting engines that need to be refurbished sooner than anticipated.

16 July 2021

• Due to this disparity, the casting & forging industry supply chain has been identified by the U.S. Department of Defense as one of the four most critical areas that pose a pressing threat to national security, contributing to the offshoring and gross industry consolidation.

• Amaero will respond with our NNS-HIP technology and U.S.-sourced metal powders that can create complex-shaped components weighing up to 5 tonnes, with forge-equivalent material properties and reducing lead times from years to weeks.

DOD US Forging Industry Marketing Study, August 2022.

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Amaero International Limited (ASX:3DA)

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High-value milestones moving forward…

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High-value milestones through year-end, 2024.

• Facility fit out

• Installation and commissioning of first atomiser

• Additional atomisers and ancillary equipment purchases

• Offtake and feedstock supply agreements

• Quality assurance and certifications

Amaero International Limited (ASX:3DA)

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High-value projected milestones – Facility

• Finalize Tennessee facility floor plan

• Place purchase order for second atomiser

• Complete fit out for critical production areas

• • Install and fully commission first atomiser

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Amaero International Limited (ASX:3DA)

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High-value projected milestones - Operations

• Secure our feedstock supply needs

• All ancillary powder equipment fully commissioned

• As-HIP NNS processing equipment fully commissioned

• Staffed to allow a single shift of powder and part production

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Amaero International Limited (ASX:3DA)

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High-value projected milestones – Commercial

• Numerous powder qualification trials in process

• • First offtake agreement for C-103 powder

• Multiple orders for As-HIP NNS components

• Collaborative research and development agreements (CRADAs) with government lab for high-value, specialty alloy powder production and for HIP NNS manufacturing

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Amaero International Limited (ASX:3DA)

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High-value projected milestones – Quality/Safety

• Ensure the safety of everyone who enters our plant

• Have our internal quality lab fully operational

• Complete ISO 9001 certification

• • Complete AS 9100 certification

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Amaero International Limited (ASX:3DA)

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Amaero International Limited (ASX:3DA) Hank J. Holland Chairman & CEO hank.holland@amaeroinc.com

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Amaero International Limited (ASX:3DA)

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For more information, contact info@amaeroinc.com