CLEARVUE TECHNOLOGIES LIMITED — Investor Presentation 2021

Jul 21, 2021

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C L E A R V U E T E C H N O LO G I E S L I M I T E D

I N V E S T O R P R E S E N T A T I O N July 2021

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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CAPITAL STRUCTURE & GOVERNANCE

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Corporate and Capital Structure

Capital Structure (as at 19 July 2021)

No debt. Ordinary Shares on Issue 210,112,365 Options on Issue 13,275,247 AUD $0.20 exercise price – exp. 31 Dec 2022 – 9,725,247 AUD $0.25 exercise price – exp. 22 Dec 2023 – 800,000 AUD $0.1425 exercise price – exp. 11 Jul 2024 – 2,750,000 Performance Shares 3,000,000 Performance Rights 10,000,000 Approx. Market Cap @ $0.325 ≈ $68 million Unaudited Cash Balance (30 June 2021) ≈ $15.9m

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Shareholders

(as at 19 July 2021)

Top 20 holding 43.15% of Issued Capital 15.86% held by board and management

Share Price Performance ( 25 May 2018 – 19 July 2021)

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Management Key Management Role Experience Brief Bio Former co-founder and CEO of ertex solar GmbH – a leading global BIPV supplier with more than Directors Role Experience Brief Bio Victor Rosenberg Executive Chairman 25 years glass industry Serial Entrepreneur. Globally recognised for his contributions to glass industry. Extensive business experience in senior management and sales over approx. 50 years. Stuart Carmichael Non-Exec Director 20 years corporate finance Member of the Institute of Chartered Accountants with over 20 years corporate finance experience. Currently Chairman of Schrole Group Limited (ASX:SCL) and K-TIG Limited (ASX:KTG), and Non-executive Director of De.mem Limited (ASX:DEM), Swick Mining Services (ASX:SWK), Osteopore Limited (ASX: OSX) and Harvest Technology Group (ASX: HTG). Roger Steinepreis Non-Exec Director 30 years corporate law Corporate and resources lawyer with 30+ years’ experience. Legal adviser to a number of public companies on a wide range of corporate related matters. Currently serves as Non-Executive Director on various Boards including Petronor E&P Limited (Oslo Access: PNOR), Latitude Consolidated Limited (ASX: LCD), and is Non-Executive Chairman of Apollo Consolidated Limited (ASX: AOP). Deborah Ho / Brett Tucker Joint Co Secretaries Combined over 12 years corporate and compliance Company Secretaries to a number of ASX listed and private companies and has been involved in numerous public corporate transactions and acquisitions. Mr Tucker is a Chartered Accountant and Ms Ho is an Associate of the Governance Institute of Australia. Board

Dieter Moor European CEO 17 years BIPV industry experience 2000 projects delivered worldwide. Dieter has a background in civil engineering with extensive experience with sales and marketing of BIPV systems gained over the last 30+ years. Jamie Lyford COO & GC 25+ years IP law / technology commercialisation IP and licensing lawyer with over 20 years experience. Previously worked in leading Australian and overseas law firms, BHP, global IT company ATOS and ran Western Australian Government Innovation Centre. Geoff Edwards CFO 30 years experience in CFO, senior financial and commercial roles Geoff is qualified CPA with over 30 years experience in CFO (including ASX listed companies), senior financial and commercial roles across a variety of service organisations. During that time, Geoff has acquired a wealth of knowledge with start ups, mergers and acquisitions, high growth businesses, equity and debt capital raisings, turn arounds, building financial systems and procedures and strategic planning and implementation.

Technical Team Key Management Role Experience Brief Bio Steve Coonen VP Development – Products, Technology & Sales (North America) 38 years experience in photovoltaics; 26 year focus on BIPV Steve Coonen is a photovoltaic consulting engineer, specializing in building integrated photovoltaics (BIPV) based in California. Mr Coonen is a pioneer in the BIPV field and whilst working on the ClearVue technology development pipeline assists with North American sales opportunities. Mr Coonen currently has over 3,000 BIPV systems fielded to his credit, including the California Academy of Science in San Francisco, the Whitehall Ferry Terminal in Manhattan and 1,500 new houses for Pulte Homes. Dr Mikhail Vasiliev Lead Scientist 20+ years physics Mikhail has extensive science and technology background, from developing fibre-optic sensors and laser interferometers in the 1990’s, to the design of solid-state lasers in the 2000’s, followed by 15 years of experience as Senior Research Fellow at Edith Cowan University, where he concentrated on nanotechnology and materials science projects and still supervises PhD students. He has contributed to the design and development of Clearvue core components and technologies, including advanced low-e coatings, glazing systems, luminescent/diffractive interlayers, and solar window systems. He is a multi-skilled expert in the fields of optical physics, optical engineering, photonics, nano-engineered functional materials and also in scientific software development. Mikhail has a PhD (Physics), Victoria University (Melbourne, Australia) and has co-authored multiple (> 50) high-impact research articles published in international peer-reviewed journals. Tao Zhang Structural Engineer 16+ years engineering Tao is a chartered professional engineer in both Australia and Chinas with 16+ years experience. Tao works as Project Manager & Senior Technical Officer in ClearVue and leads our technical team on ClearVue product certification programs and is involved in all aspects of ClearVue’s R&D

efforts. Tao also supports our sales efforts and manages our global OEM manufacturer and supplier relationships. Chris Cole Mechatronic Engineer Graduate mechatronic engineering A recent graduate of Sydney University with a degree in Mechatronic Engineering (first class honours), Chris has a background installing sensing equipment on solar and wind farms. He is involved in the design, development, construction, programming and testing of our Smart Façade prototypes, and brings a knowledge of integrated software, hardware and AI systems to the team.

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COMPANY & TECH OVERVIEW

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Company & Technology Overview

Smart Building Technology Company

Creating smart building materials that are:

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Technology & Product

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A clear glass panel that is:

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• Energy saving & producing

• Sustainable

• Energy Efficient

• Positive environmental outcomes

Part of the solution for achieving:

• Zero net energy

• Zero net carbon

• Reducing carbon footprint

• Autonomous clear functional windows

• Highly insulating

• Reduces carbon footprint

• Scalable

• Efficient – 3 to 4% conversion of radiance to energy

The ClearVue product can be used to achieve:

• significant energy cost savings

• prevent unwanted solar radiation (UV and IR) from entering a building; and

• then converting the unwanted radiation into electricity

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Technology Overview

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• ❑ ClearVue’s patented technology sits within an activated interlayer between two panes of glass.

• ❑ Visible light (VIS) passes through the glass

• ❑ Micro & nano particles interact with Ultraviolet (UV) radiation which is down-converted to longer wavelengths and scattered along with Infrared (IR) light to the edges of the glass

• ❑ IR is collected by Photovoltaic (PV) cells and produces electricity

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• ❑ Reduces heat and blocks damaging UV and IR radiation

• ❑ Insulation properties reduce heating and cooling costs

• ❑ Innovation pipeline of new technologies to improve power performance including R&D into inorganic quantum dots

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Products/Services Overview

• ❑ Solar PV Glass (Finished IGUs and Framed Windows)

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• ❑ fabricated and supplied by OEM suppliers and sold by ClearVue

• ❑ Sizes: 3+m high x 1.6m wide (up to approx. 4.8 sqm)

  • ❑ Smart Façade Panels (finished and framed)

  • ❑ Smart Façade Components

    • ❑ Hardware microcontroller incl MPPT/battery controller/WiFi and other comms/IO platform for IOT sensors and devices

• ❑ Solar PV Components for use by ClearVue licensees

• ❑ PVB interlayer

• ❑ Solar PV strips

• ❑ Gen 2- glass panes with laminated PV

• ❑ Gen 3 – PVB strips with integrated PV for lamination

❑ Building Analytics / Data

Data collected, analysed and sold as a service from network of IOT connected windows (at building, community, city, global levels)

• ❑ Royalty on licensee manufactured CPV products

• ❑ Licensee Support Services

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IP & Competitive Advantage Overview

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• ❑ 85 granted patents and 40 patent applications throughout the World across 7 patent families covering CPV system and elements of system

• ❑ Design protection undertaken for latest versions of Gen 2 and Gen 3 shingled PV products (know-how and trade secret protection on method of manufacture to be used for these developments as well)

• ❑ Trade Mark protection undertaken in most key markets (SA and NZ proving to be only countries where main ClearVue PV branding may not be registrable – alternatives filed)

• ❑ Domain names (for key trade marks, as well as various generic descriptive type domains)

• ❑ Copyright protection on circuit layouts for hardware controller, software/config files for smart façade controller

• ❑ Market lead in clear solar glass (currently) - (market leader for tinted solar glass is Onyx)

• ❑ Comparative ease of manufacture and hence licensing; low CAPEX for licensees to participate

• ❑ Gen 1 Products Certified - USA – UL; Europe - MEA & IEC; Australia under AGWA & Intertek

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Commercialisation Overview

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❑ Sales Opportunities

• Commercial High Rise Buildings

• Protected Cropping – Greenhouses (LHF)

• Showcase Deployments

❑ Manufacturing Supply Chain

• PV Strips – China / Taiwan / US

• ▪ Interlayer - Europe / China / US

• ▪ Gen 2 Products – US (initially)

❑ Key Factors

• Government incentives

• Government regulation – disincentives

• ESG investment directives

• Climate and Geography

• Market Size

❑ Key Locations

• USA

• Northern Europe (Germany)

• China (JV entry)

• Australia

❑ Market Entry

• Digital Campaigns & new website

• Licence arrangements (KPI’s)

• Direct Marketing (feasibility study’s)

• Showcase Deployments

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❑ Partners / Promoters

• Architects

• Façade Engineers

• Project Developers

• Property Fund Managers

• Resellers

• Greenhouse developers

• Growers

Business and Revenue Model

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ClearVue will derive revenues from:

• ❑ Direct sales: The Company will initially sell and supply fully assembled IGU/window products direct to distributors and licensed channel partners in Australia and worldwide. Then, as manufacturing licensees are appointed in different territories the revenue streams that follow will apply.

• ❑ Component sales (US$245 m2): The company will sell technology/product components to its manufacturing licensees including its proprietary nano and micro particle doped activated interlayer and its proprietary mini solar photovoltaic strips for use inside of each PV integrated glazing unit*

• ❑ Additional revenue streams: The company will sell its smart façade controller hardware and license associated software (and data) for additional revenue opportunities.

• ❑ Typical minimum sales requirements of a distribution only licensee or a manufacturing/distribution licensee is: 5,000 sqm for year 1, 10,000sqm for year 2, 20,000 sqm for year 3, 30,000 sqm for year 4 & 40,000 sqm for year 5.

• ❑ One licensee (only) achieving their performance criteria equates to over USD $25m in revenue over 5 years.

Notes:

• *Complete ClearVue IGU’s initially to be sold in Australia by ClearVue to gain market acceptance. Approx. per sqm rate may change based on order quantities and scaling, country and project specific requirements.

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Size of the Market

“By 2060, the world is projected to add 230 billion m2 (2.5 trillion sq ft) of buildings, or an area equal to the entire current global building stock. This is the equivalent of adding an entire New York City to the planet every 34 days for the next 40 years.”[1]

• North American market for window glass installed annually is currently estimated at USD $120 billion.[2]

• Global market for building-integrated photovoltaic (BIPV) technologies was USD $2.4 billion in 2016. Market to grow to USD $4.3 billion by 2021 (with a compound annual growth rate (CAGR) of 12.2% for the period 2016 to 2021).[3]

• ClearVue’s target market represents in excess of 2.1 billion sqm² of glass per annum (total market size 5.5 billion+ sqm of glass per annum)[4] ( Target Market ).

• It is expected that a small 10 floor 25,000 sqm building could deploy approx. 3,150 sqm minimum of ClearVue .

• product (assuming 3 building sides of 50m long and part floors of 2.1m high only)[5]

• A single large building, for example the One World Trade Center (Freedom Tower) New York City has over 93,000 Sources:

• sqm of glass.[6] 1. https://zero-code.org/

• http://raymondjames.bluematrix.com/sellside/EmailDocViewer?encrypt=edddb1da-c175-47ab-b9c8-ca69c60f7531&mime=pdf&co=RaymondJames&id=REPLACEMEEMAIL&source=libraryView

• https://www.bccresearch.com/market-research/energy-and-resources/building-integrated-photovoltaics-markets-report-egy072C.html

• https://www.nsg.com/~/media/NSG/Site%20Content/Temporary%20Downloads/Japanese/NSGFGI_2011%20EN2.ashx

• ClearVue does not represent that it will be able to obtain such market share or that such revenue can be achieved. See Disclaimer Slide Page 2.

• See ASX Announcement - Technical Update 28/03/2019 - https://www.asx.com.au/asxpdf/20190328/pdf/443v6jr2zhbvm7.pdf

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COMPANY UPDATE

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Recent & Upcoming Milestones

Announced first-half 2021

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• ❑ Global digital marketing campaign and new website launched - 1 April 2021

• ❑ Signed Distribution Agreement with Tomita Technologies in Japan for Greenhouses – 12 April 2021

• ❑ Showcase project – Greenhouse Project Murdoch – opened 19 April 2021

• ❑ Listed onto OTC QB to better engage with US market – 26 April 2021

• ❑ Announced major product development – single and double glazed versions of product – 18 May 2021

• ❑ ClearVue forming JV with eLstar Dynamics BV in the Netherlands – 26 May 2021

• ❑ Plant science trials commenced at ClearVue Greenhouse at Murdoch

• ❑ Deployment into Sydney park project – deposit received, glazing ordered – 28 June 2021

• Upcoming 2021

• ❑ Demonstration project - New York City

• ❑ Showcase projects: mini-home

• ❑ Fujisan Winery, Japan and Sydney park installations

• ❑ Securing additional licensees in target geographies (in progress)

• ❑ Completion of EU presence establishment

• ❑ Completion of JV establishment with eLstar Dynamics

• ❑ Conversion of showcase projects, licensees and marketing efforts into purchase orders – primary focus on US and European markets, focus on quicker sales (greenhousing)

Murdoch University Solar Glass Greenhouse

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Glazing and power performance data collection and analysis underway. Plant science trials have now commenced with a mixture of grains, legumes, fruit and vegetables (10 types, 480 plants total) including: wheat, barley, strawberry, lettuce, tomato, canola, dwarf bean, lupin, spinach and Arabidopsis.

Single & Double Glazing Product Development

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View through ClearVue’s latest single glazing prototypes.

eLstar Dynamics BV – Joint Venture

View through eLstar’s latest prototypes in states of transition.

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Investment Highlights

❑ Attractive industry thematic

• ESG investment opportunity in global growth sectors of BIPV, smart cities and food security

• ▪ Unique with high consumer buy in

• Regulatory support across multiple jurisdictions – EU and US focus – change in Govt in US anticipated to impact growth

• Large Addressable Market

❑ Proprietary Technology

• First in class product

• Strong IP portfolio

• Regulatory requirements met for sales in key regions

• Price competitive with payback period

• Strong product and tech development pipeline

❑ Near term catalysts

• Showcase deployments – under way

• Continued deal flow

• High quality counterparty engagement

❑ Refocussed Business

• Investor entry low remains compared to competitors

• New European CEO

• Experienced Board

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info@clearvuepv.com

www.clearvuepv.com facebook.com/clearvue/ linkedin.com/company/clearvuepv/  +61 8 9220 9020

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