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CLEARVUE TECHNOLOGIES LIMITED — AGM Information 2024
Nov 28, 2024
64697_rns_2024-11-28_64d1a275-f7c4-4e8a-a878-fbf0d19c9780.pdf
AGM Information
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C L E A R V U E T E C H N O L O G I E S L I M I T E D
Annual General Meeting Investor Briefing
29 November 2024
SOLAR VISION GLASS | POWER FAÇADE | A LEAP TO NET ZERO
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CEO Presentation Martin Deil
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Key Highlights
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We are a much stronger business than 12 months ago. ClearVue has achieved:
Up 340% Up 80% Up 252% 2,999 mentions In New Licensee Pipeline. In executed licensee Project quotes 2024 vs 2023[2] PR/IR mentions in FY24. We Global footprint is now within agreements[1] are being noticed globally reach Continued our USA office opening and investment into Institutional Corporate Global certification and First installation in increase in sales capacity/processes to Engagement and testing Melbourne, Australia execution capacity meet future sales Investment volume
- 1 the twelve months since the 2023 AGM
2 Direct sales/licensee project enquires, grouped by calendar year
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
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What we have delivered
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12-month business focus at the AGM’23
Delivered in 2024
Focus on US market plus new Alutec, HT Glass, MS Glass, 8G Build a solid foundation first in key markets licensees in MENA, Asia and UK. Solutions, Maxblue, System USA, My with fully certified products Strong pipeline of new licensees Green Project First sales achieved in key strategic Managed sales growth to allow sales System USA greenhouse, industry verticals of Solar Glass, and logistics capabilities to mature CFMEU building, Enex100 Cladding and Greenhouse Markets Process is “everything” in delivering Investment into necessary systems ERP system, flash tester, customer and shareholder value for global rollout is well underway product standards Significant expansion of IP with Optimising PVB materials; quantum Maintain focus on R&D investment into components, junction box, dots research; Murdoch greenhouse nano particle and greenhouse solutions research The board is aware of Successful capital raise with first institutional $7.5m raise ahead of the US elections capital requirements investment onto the share register at favourable terms
ClearVue Technologies Ltd | AGM Presentation
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www.clearvuepv.com
Licensee update
Global footprint is now within reach
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On track to meet 2025 financial year target of 23 new licensees – a total of 31
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Going through due diligence process with potential licensees
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All potential licensees have an existing pipeline
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| KEY MARKETS | EXISTING LICENSEES |
2025 PLAN |
|---|---|---|
| South-East Asia + Australia | 2 | +6 |
| Americas | 4 | +4 |
| Middle East | 3 | +6 |
| Africa | 0 | +1 |
| Europe | 1 | +6 |
ClearVue Business model
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Licensees (fabricators) are our direct clients
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Multiple revenue streams
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Promotes scale quickly through established distribution, sales pipeline of licensees
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Translates into a capital lite business
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The business will transition away from internal generated pipeline overtime
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ClearVue Technologies Ltd | AGM Presentation
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www.clearvuepv.com
Building industry has long project cycles
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Purchase Delivery, order payment Project completion Façade construction Initial Product Construction discussion specified commences Licensee Project appointed approvals Project design Onboarding The total process may take from 12 to 36 months
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
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Regional outlook
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The world is decarbonising
Global government net zero targets collectively represent 92% of global GDP (up from 68% in December 2020).
With building operations contributing up to 27.3% of annual global CO2 emissions, ClearVue solar façade solutions are and will be in demand.
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US Election result unlikely to have material impact
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Building Codes are state-based
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Cities can still determine their own carbon objectives
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IRA remains intact but still to play out
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Strong market interest
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Focus on capacity building and sales/execution team
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Very high interest
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Ongoing licensee and sales discussions in Singapore, Malaysia, Hong Kong and the Middle East
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Buyer behaviour to adopt new technology is high
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Focus on licensee attraction
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European certifications are in place
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Policy settings remain accommodative for ClearVue products
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100 St. Georges Tce, Perth / CFMEU installation has proven to be an invaluable reference source
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Pipeline of projects is expanding (currently 13)
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Expect sales to accelerate in early 2025
Source: Global GDP: https://zerotracker.net/insights/net-zero-targets-among-worlds-largest-companies-double-but-credibility-gaps-undermine-progress
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www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
Technology outlook – PV building envelope
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www.clearvuepv.com
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A net zero energy building is within reach
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Our Core product range receives global attention
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Final Certifications to be completed in US in the first quarter of 2025
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174 Patents & Applications, 36 Trademarks and 111 Designs
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Actively quoting domestically and internationally
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Imminent sales updates in early 2025
INDUSTRY AWARDS AND RECOGNITION
Greenbuild International Hong Kong Greentech AGWA Most Innovative Conference + Expo (USA) Challenge 2024 Product “Highly 2024 Commended” 2024
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ClearVue Technologies Ltd | AGM Presentation
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Product status: commercially ready, top certified
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| PRODUCT | TEST | CERTIFIER | STANDARD | STATUS |
|---|---|---|---|---|
| Vision Glass | BIPV product electrical safety | TÜV SÜD | IEC 61730 & IEC 61215 | Completed, certificate expected Dec-24 |
| Combustibility test | TÜV SÜD | EN13501-1 | Completed (A2 S1 D0) | |
| Industrial age accelerating test | SQI, Intertek | EN1279-2, IGCC, AS 4666 | Completed | |
| Sealed IGUs durability | IGCC | ASTM E 2190 | Completed | |
| Solar Spandrel | BIPV product electrical safety | TÜV SÜD | IEC 61730 & IEC 61215 | Completed, certificate expected Dec-24 |
| Combustibility test | TÜV SÜD | EN13501-1 | Completed (A2 S1 D0) | |
| Radiant heat combustibility | ATWA | AS 1530.3 | Completed | |
| Structural Safety | Intertek | AS/NZS 4284 | Completed | |
| Solar Balustrade/ Greenhouse Solar Glass |
BIPV product electrical safety | TÜV SÜD | IEC 61730 & IEC 61215 | Completed |
| Combustibility test | TÜV SÜD | EN13501-1 | Completed (A2 S1 D0) | |
| Radiant heat combustibility | ATWA | AS 1530.3 | Completed | |
| Solar Cladding | BIPV product electrical safety | TÜV SÜD | IEC 61730 & IEC 61215 | Completed |
| Combustibility test | TÜV SÜD | EN13501-1 | Completed |
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www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
Complimentary IP: all powered by ClearVue
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Vacuum IGU Dynamic Glazing
(ZeroWindow)
Ag-Tech Signage
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www.clearvuepv.com
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ClearVue is the enabler of multiple technologies that require electricity and transparency to operate Cross-sell/Up-sell opportunities within targeted industry verticals Sales growth through third-party business development activity
ClearVue Technologies Ltd | AGM Presentation
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Greenhouse research preliminary outcomes
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CLEARVUE ROOM CONTROL ROOM
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Picture: In 2024, growth yields from the ClearVue Greenhouse window rooms were up to 93% better than the regular greenhouse under the same growing conditions (moisture, temperature).
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Water and Food security is now a policy setting for many economies
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Markets of interest: USA, Asia and MENA
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ClearVue solar glass may promote growth yields
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Strategy is to offer a smart solution for the $50.6 billion global greenhouse market, and ClearVue to be the brand of choice.
| 2024 GROW SEASON CROP YIELD RESULTS* |
CONTROL AVERAGE YIELD |
CLEARVUE ROOMS AVERAGE YIELD |
CLEARVUE ROOMS % INCREASE |
|---|---|---|---|
| Spinach | 28.7 | 33.4 | 16.2% |
| Bok Choi | 81.4 | 115.4 | 41.8% |
| Dwarf beans | 57.8 | 76.3 | 31.9% |
| Snow Peas (Oregon Dwarf) | 42.3 | 55.0 | 30.0% |
| Snow Peas (Yukamo Giant) | 32.6 | 63.0 | 93.3% |
| Tomato (var), capsicum | expected late 2024 |
- Mean yields in g/plant, obtained after statistical data processing
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
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Ag-Tech prospects
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RZTO (root zone temperature optimization) technology can increase yields by providing a highly efficient root cooling solution that is already assisted by ClearVue solar glass energy.
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The benefits of RZTO IP acquisition :
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Complimentary IP working with ClearVue's solar glass
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All technologies work to increase crop yields
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Experienced agricultural specialists
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Existing customer relationships and engagement globally
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In the future, we see Ag-Tech as a separate company focusing on the agriculture market, allowing ClearVue to focus on building products and R&D.
www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
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Our strategy: to be the leading global brand in the BIPV market
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Global Leader in BIPV Solutions $370.04 B Projected Market Size
CAPITAL LITE, HIGHLY SCALABLE BUSINESS MODEL
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KEY BUSINESS
VERTICALS
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Target licensees operating in high-growth markets and/or policy settings conducive to the adoption of net zero buildings
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Commercial Greenhouse/ Complementary
BIPV Ag-Tech IP
Mkt Size $237.74 B Mkt Size $50.60 B Mkt Size $81.70 B
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Sources:
- Community Infrastructure Market
Skylight Market: https://www.alliedmarketresearch.com/building-integrated-photovoltaic-skylights-market Commercial BIPV: https://www.grandviewresearch.com/industry-analysis/building-integrated-photovoltaics-bipv-market Greenhouse: https://www.marketsandmarkets.com/Market-Reports/commercial-greenhouse-market-221045451.html www.clearvuepv.comCommunity InfrastructureSpandrel Glass: https://www.marketsandmarkets.com/Market-Reports/cladding-system-market-148899031.html: https://www.businesswire.com/news/home/20210219005182/en/Global-Community-Housing-Services-Market-Outlook-2020-30-COVID-19-Growth-and-Change---ResearchAndMarkets.com
ClearVue Technologies Ltd | AGM Presentation
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Marketing outlook
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Three target audiences & their respective channels
| CUSTOMERS ARCHITECTS, DEVELOPERS, PROPERTY OWNERS |
PARTNERS IGU FABRICATORS |
INVESTORS AUSTRALIAN AND GLOBAL RETAIL AND INSTITUTIONAL INVESTORS |
|---|---|---|
| Expos and conferences AIA24, Greenbuild USA, Greenbuild SA |
Targeted outreach | ASX announcements |
| CPD seminars 10 seminars, 100+ attendees |
Expos and conferences Glasstec 2024 (Germany), Glass Performance Days (Finland), GlassBuild (US) |
Targeted publications 291 articles in Australia, 4 podcast interviews |
| Industry publications ArcDaily, Dezeen, Architects Journal |
Industry publications Glass on web, US Glass |
Analysts’ reports (2) |
| Web advertising | Direct enquiries | |
| Marketing materials: product brochures, whitepapers, content articles, display advertising, showrooms |
Marketing materials: product manuals, Archetype presentations, Brayn ITC tax analysis |
Marketing materials: quarterly and annual reports, announcements, interviews, analysts’ reports |
| Newsletter, website, socials |
www.clearvuepv.com
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ClearVue Technologies Ltd | AGM Presentation
Milestones reached and the next 12/18 months
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KEY MILESTONE ACHIEVED
The next 12-18 months is the realisation of the
commercialisation plan.
Targeting 31 Plus
Licensees with
On track to meet Global Footprint Global Sales
Licensee target Expansion via
Accelerated Licensee
First Leisure Growth in MENA Engagement
First Solar Asset Revenue & Asian
Spandrel/Cladding Licensees Integrated
Revenue First Building Façade Solution
Retrofit (Building First Commercial Sales
Certification
First Skylight Envelope) Building Revenue
ClearVue Revenue
New building First Building Greenhouse First Major
envelope and Commercial Envelope Green Build US – Revenue Public
First licensees –Two new Asia & Third building Archetype Second & Façade -CFMEU ready for rollout Launchpad Nov-Major PR Expansion Infrastructure Revenue
Commercial 2024 Expansion of US
Oceania (envelope
Mass Greenhouse - Footprint
incl.)
Manufacturing Systems USA
1 JULY 2023 TO 30 JUNE 2024 2024/25 FIN YEAR 2025/26 FIN YEAR
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- Indicative value forward-looking statements. Please see the disclaimer on slide 2.
www.clearvuepv.com
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ClearVue Technologies Ltd | AGM Presentation
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Management focus - outlook for the next 12 months
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Convert market
Convert licensee pipeline Build/resource the
opportunities and sales
to drive scale and sales business for growth
pipeline into orders
Maintain focus on R&D Brand building
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www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
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Strong fundamentals create momentum
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Highly scalable business model
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Commercially available certified product
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Decarbonisation is real
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Global market potential
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ClearVue Technologies Ltd | AGM Presentation
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www.clearvuepv.com
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Q & A
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Appendices and other slides
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Legal Disclaimer
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This presentation has been prepared and issued by ClearVue Technologies Limited (the “Company”) to assist it in informing interested parties about the Company and its progress which is current as at the date of this presentation. This presentation is for information purposes only it should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. This presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. No representation or warranty (whether express or implied) is made by the Company or any of its officers, advisers, agents or employees as to the accuracy, completeness or reasonableness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or provided in connection with it, or any omission from this presentation, nor as to the attainability of any estimates, forecasts or projections set out in this presentation. Neither the Company or its advisers have verified the accuracy or completeness of the information, statements or opinions contained in this presentation. This presentation is provided expressly on the basis that you will carry out your own independent inquiries into the matters contained in the presentation and make your own independent decisions about the affairs, financial position or prospects of the Company. The Company reserves the right to update, amend or supplement the information at any time in its absolute discretion (without incurring any obligation to do so). Neither the Company, nor its related bodies corporate, officers, their advisers, agents and employees accept any responsibility or liability to you or to any other person or entity arising out of this presentation including pursuant to the general law (whether for negligence, under statute or otherwise), or under the Australian Securities and Investments Commission Act 2001, Corporations Act 2001, Competition and Consumer Act 2010 or any corresponding provision of any Australian state or territory legislation (or the law of any similar legislation in any other jurisdiction), or similar provision under any applicable law. Any such responsibility or liability is, to the maximum extent permitted by law, expressly disclaimed and excluded. Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. It does not include all available information and should not be used in isolation as a basis to invest in the Company.
Future Matters | This presentation may contain reference to certain intentions, expectations, future plans, strategy, revenue forecasts and prospects of the Company. Those intentions, expectations, future plans, strategy, revenue forecasts and prospects may or may not be achieved and may be “forward-looking statements”. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause the Company’s actual future results, performance or achievements to be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategy, revenue forecasts and prospects. The Company does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended.
US Disclosure | This document does not constitute any part of any offer to sell, or the solicitation of an offer to buy, any securities in the United States or to, or for the account or benefit of any “US person” as defined in Regulation S under the US Securities Act of 1993 (“Securities Act”). The Company’s shares have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States or to any US person without being so registered or pursuant to an exemption from registration including an exemption for qualified institutional buyers.
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www.clearvuepv.com
ClearVue Technologies Ltd | AGM Presentation
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North America Update
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SOLAR V ISI ON GLASS | POWER FAÇADE | A LEA P TO NET ZERO CLEARVU E TEC HNOLOG IES LI MIT ED
First 6 Months: Build USA Team!
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Sales Agents
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Director Operations US
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Paul Hogburn - PVB scientist, glass lamination, glass tempering and IGU expert
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Industry Consultants
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www.clearvuepv.com
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ClearVue Technologies Ltd | AGM Presentation
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First 6 Months: Launch ClearVue Power Facade in USA!
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Opened new San Jose, California office and showroom/warehouse
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Business Plan Roadmap
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Secure two launch projects that will ship and install in 2025
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Introduce and Educate USA Commercial Construction Industry:
- AIA June ‘24
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ECO El Paso Sustainability Nov '24
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Greenbuild: Nov '24 Philadelphia, PA
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CVPV is Greenbuild People Choice Most Innovative Winner!
www.clearvuepv.com
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ClearVue Technologies Ltd | AGM Presentation
Next 6 months
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- Licensed Fabricators – aspiration is 5 USA Fabricators in 2025
Drivers
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New administration Jan 2025; construction activity likely to increase and Investment Tax Credit (ITC) unlikely impacted
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Target Segments
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Commercial building
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Agricultural greenhouses
Marketing
- Owners/Developers, Architects, Glazing Contractors, General Contractors, City Managers
www.clearvuepv.com
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ClearVue Technologies Ltd | AGM Presentation
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CLEARVUE TECHNOLOGIES LTD
Anna Abrossimova Head of Marketing [email protected] +61 (0) 401 398 088
Suite 9 / 567 Newcastle St, West Perth, Western Australia 6005 +61 8 9220 9020 [email protected] www.clearvuepv.com
INVESTORS
Adrian Mulcahy [email protected] +61 (0) 438 630 422