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GREEN360 TECHNOLOGIES LIMITED AGM Information 2023

Nov 16, 2023

65020_rns_2023-11-16_3cc43e3a-40b3-43c5-a4bb-1adfd9ad7372.pdf

AGM Information

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CEO PRESENTATION – ANNUAL GENERAL MEETING

17 November 2023

ASX: SUV | suvo.com.au

DISCLAIMER

These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) are confidential and have been prepared by Suvo Strategic Minerals. By receiving the Presentation Materials, you acknowledge and represent to the Company that you have read, understood and accept the terms of this disclaimer. It is the responsibility of all recipients of these Presentation Materials to obtain all necessary approvals to receive these Presentation Materials and receipt of the Presentation Materials will be taken by the Company to constitute a representation and warranty that all relevant approvals have been obtained.

NOT AN OFFER

These Presentation Materials are for information purposes only. The Presentation Materials do not comprise a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law.

The Presentation Materials also do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities nor shall they or any part of them form the basis of or be relied upon in connection there with or act as any inducement to enter into any contract or commitment with respect to securities. In particular, these Presentation Materials do not constitute an offer to sell or a solicitation to buy securities in the United States of America.

NOT INVESTMENT ADVICE

The Presentation Materials are not investment or financial product advice (nor tax accounting or legal advice) and are not intended to be used for the basis of making an investment decision. Recipients should obtain their own advice before making any investment decision.

SUMMARY INFORMATION

The Presentation Materials do not purity to be all inclusive or to contain all information about the Company or any of the assets, current or future of the Company. The Presentation Materials contain summary information about the Company and its activities which is current as at the date the Presentation Materials. The information in the Presentation Materials is of a general nature and does not purport to contain all information which a prospective investor may require in evaluating a possible investment in the Company or that would be required

in a prospectus or product disclosure statement or other offering document prepared in accordance with the requirements of Australian law or the laws of any other jurisdiction, including the United States of America. The Company does not undertake to provide any additional or updated information as a result of new information, future events to results otherwise. Certain statements contained in the Presentation Materials, including information as to the future financial or operating performance of the company and its projects are forward looking statements.

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Such forward looking statements;

  • a) Are necessarily based upon a number of estimated assumptions that, while considered reasonable by the company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies:

  • b) Involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements; and

  • c) May include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions.

The Company disclaims any intent or obligation to publicly update any forward looking statements, whether as a result of new information, future events or results or otherwise.

The words “believe”, “expect”, “anticipate”, ”indicate”, ”contemplate”, “target”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, “schedule”, and similar expressions identify forward looking statements.

All forward looking statements contained in the Presentation Materials are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.

The Company has prepared the Presentation Materials based on information available to it at the time of preparation. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information, opinions and conclusions contained in the Presentation Materials. To the maximum extent permitted by law, the Company, its related bodies corporate (as that term is defined in the Corporations Act 2001 (Commonwealth of Australia)) and the officers, directors, employees, advisers and agents of those entities do not accept any responsibility or liability including, without limitation, any liability arising from fault or negligence on the part of any person, for any loss arising from the use of the Presentation Materials or content otherwise arising in connection with it.

COMPETENT PERSON

The Presentation Materials contain references to the Company’s previous announcements, including announcements dated 27 May 2021, 22 September 2021 and 1 March 2022. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements and that all material assumptions and technical parameters underpinning the estimates and production targets in the relevant market announcement continue to apply and have not materially changed.

2 INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

SUVO STRATEGIC MINERALS

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Acquired the Pittong operation from IMERYS S.A

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100% ownership of the producing Pittong hydrous kaolin plant

Capacity at Pittong increased to ~50,000 tpa of hydrous kaolin

FY23 turnover of ~A$11 million on sales of ~18,000 t

Asia Pacific sales and marketing strategy executed in Oct-23

Over 20 end users testing Pittong product samples

Extra sales of only ~5,000 tpa required for Company break-even[1]

Research into new products and markets under investigation

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  1. Based on the assumptions as per ASX announcement dated 19 June 2023.

INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

3

COMPELLING KAOLIN MARKET DYNAMICS

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Kaolin by numbers and applications

Kaolin demand forecast to grow 4.7% CAGR through to 2025 driven by increased industrial demand for paint, paper & ceramics

KAOLIN DEMAND BY INDUSTRY

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Industrial,
15%
Paper, 35%
Ceramics &
Fiberglass, 50%
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Sources: Research & Markets, USGS, BGS & Roskill via Dr. Ian Wilson, Company estimates

Product: Light Kaolin BP Application: Pharmaceuticals

Kaolin is used in a broad range of industries and everyday applications such as coated paper, paint, rubber and medicine . Kaolin clay has a naturally bright white colour which makes it useful for manufacturing pure white ceramics .

KAOLIN BY APPLICATION

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INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

4

SALES & MARKETING ASIA PACIFIC

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Sales & marketing strategy set with over 20 end users testing Pittong product samples

COMPANIES WE SERVICE

NEWLY APPOINTED SALES & MARKETING TEAM

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Sales Manager Asia Pacific

  • Over 20 years’ experience at global leading chemical companies such as

  • Chevron Phillips, Engelhard, BASF and KaMin

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  • Network of clients, both end-users and distribution partners

Sales Manager India

  • 20 years of technical sales

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  • Imerys Performance Minerals Technical Sales Manager (Paints, Coatings, Inks, Rubber and Plastics) 2016 to 2022

Paper & Board Consultant

  • 35 years’ experience

  • Imerys Asia Pacific, Kaolin Activity Asia Pacific - Business Manager for paper industry 2005 to 2017

INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

5

TRAWALLA KAOLIN PROJECT - LONG TERM OPTIONALITY

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Trawalla is a 100% owned kaolin project, located 23km from Pittong

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JORC Resources Fully permitted and
12.7 MT [1] licensed mine site
Inferred & Indicated
Resources
Test Work Supports a Infrastructure
High Quality Resource, Power/Gas
~
With 84% ISO Water & Rail
Brightness Near Tenement
Assessing Future Processing Method
Option for Project Under review
Development
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  1. As announced on 22 September 2021. The Company confirms that it is not aware of any new information or data that materially affects the information included in the announcement and that all material assumptions and technical parameters underpinning the estimates and production targets in the relevant market announcement continue to apply and have not materially changed.

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INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

6

EMERGING STRATEGY - GEOPOLYMER CONCRETE

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SUVO’s R&D into kaolin usage led to exploring metakaolin and its natural extension into geopolymer concrete

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Cement production is the world’s single biggest industrial cause of carbon pollution, responsible for 8% of global emissions .

  • Studies completed assessing the use of Metakaolin as a partial replacement for Ordinary Portland Cement[1]

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Concrete is a mixture of aggregates and paste, the paste being water and Ordinary Portland Cement (‘OPC’) .

  • IP License Agreement signed for a geopolymer concrete batching plant and low carbon concrete formulation – ‘Colliecrete’[2]

  • Metakaolin has the potential to reduce GHG emissions by 50% compared to cement[3]

  • Pilot batching plant using Colliecrete formulation has achieved GHG emissions reduction of approximately 50% compared to Ordinary Portland Cement[2]

Studies commence to create a geopolymer dry mix cement formulation not using any Ordinary Portland Cement, 100% replacement solution

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  • Geopolymer concrete lab trial using Suvo’s metakaolin returns average strength of 52Mpa and ~50% GHG emission reduction[3]

Murdoch University engaged

Geopolymer concrete studies continue with waste derived products further reducing GHG emissions

  1. ASX announcement dated 28 April 2022.

  2. ASX announcement dated 30 October 2023.

  3. ASX announcement dated 3 November 2023.

ASX: SUV | suvo.com.au

7

INVESTOR PRESENTATION

WHY SUVO ?

1

Strong, stable and growing Kaolin market

  • Kaolin market is geopolitical and recession proof – global Kaolin production has never reduced yoy over last 20+ years

  • Kaolin demand forecast to grow 4.7% CAGR through to 2025 driven by demand for increased industrial demand for paint, paper &

ceramics

  • Estimated 5mt pa Kaolin demand in Asian market

2

Australia’s only Hydrous Kaolin producer

  • Producing asset with existing production offtake

  • Diverse customer relations (with a

  • range of blue-chip companies) delivers quality offtake portfolio

  • Expanded Pittong plant delivers upside to 50ktpa

  • Additional sales of only ~5,000 tpa to break-even at corporate level

  • Over 20 end users testing Pittong product samples

3

Defined pathway to drive sustainable returns

  • Focused sales and marketing strategy to target new contracts

  • Research and development projects to target new industries

• Cost analysis and margin improvement initiatives underway

  • Geopolymer concrete

opportunity potentially provides second growth opportunity

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8 INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

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APPENDIX

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INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

9

CORPORATE OVERVIEW

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Suvo corporate snapshot

ASX:SUV ASX:SUV
Shares on Issue -as at 30 Sep, 2023 810.5m
Options on Issue -as at 30 Sep, 2023
Exercisable at $0.15 each, expiring December 31, 2023
Exercisable at $0.10 each, expiring December 6, 2025
Exercisable at $0.08 each, expiring March 16, 2026
Exercisable at $0.12 each, expiring March 16, 2026
Exercisable at $0.16 each, expiring March 16, 2026
Exercisable at $0.06 each, expiring June 26, 2026
55.5m
12.0m
13.5m
5.0m
7.5m
12.5m
5.0m
Performance Rights -as at 30 Sep, 2023 40.5m1
Market Capitalisation -as at 30 Sep, 2023 $24.3m
Cash at Bank -as at 30 Sep, 2023 $1.8m

TOP 20 Holders represent 34.4%

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9.10%
13.40%
6.10%
1.70%
2.00% 2.10%
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Mr Aaron Banks

Mr Christopher Weed & Mrs Janet Brockman

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Mr Robert Fitzgerald
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Ratdog Pty Ltd

Melbourne Securities Corporation Ltd Other Top 20

  1. Performance rights which have expired or lapsed since 30 September 2023 have been excluded.

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7.00 6,000,000
6.00 5,000,000
5.00
4,000,000
4.00
3,000,000
3.00
2,000,000
2.00
1.00 1,000,000
- -
Oct-22 Jan-23 Apr-23 Jul-23 Oct-23
Cents Volume
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10 INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

DIRECTORS AND MANAGEMENT TEAM

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Experienced board and senior management

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Aaron Banks Non-Executive Chairman

Agu Kantsler Non-Executive Director

Over 45 years’ experience in the international and Australian upstream oil and gas industry and has spent over 20 years in senior leadership positions and 12 years serving on the boards of several listed and private companies. Dr. Kantsler’s previous positions include Executive Vice President for Exploration and New Ventures and Executive Vice President for Health, Safety and Security at Woodside Petroleum Limited.

A specialist business consultant with over 20 years’ experience in contract negotiations and business development including senior roles in sales, marketing and construction management. In 2015, as founder & Managing Director of Australian Silica Pty Ltd, Mr Banks discovered one of the largest high grade silica sand resources in the world.

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Bojan Bogunovic Interim Chief Executive Officer

Oliver Barnes Non-Executive Director

Qualified Chartered Accountant with a Bachelor of Commerce from Curtin University. Mr Bogunovic has extensive experience in the exploration, construction and mining industries in Australia and overseas. Mr Bogunovic has held senior financial roles with a number of ASX listed mining and exploration companies. Mr Bogunovic was the Company Chief Financial Officer and Chief Commercial Officer before his appointed as Interim Chief Executive Officer.

Over 25 years’ experience in natural resources and asset development with expertise in carbon, rural development, ESG and clean technology commercialisation. Mr Barnes was previously the Managing Director of an ASX listed land and water developer and held a senior role with an ASX listed phosphate technology company. He holds a Bachelor of Science in Agriculture Business Management.

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Hanno Van Der Merwe Chief Operating Officer

Over 25 years’ experience in Estimating, Project Management, and Production Management, holding qualifications in Production Engineering and a Master of Business Management. Delivered of a number of highly successful projects in Australia and Africa, holding senior management roles in the mining, oil and gas, renewable energy industries.

11 INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

ESG COMMITMENT

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Suvo is implementing strategies to transform Pittong in to a zero waste site utilising renewable power

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‘ Zero waste’ scoping study underway for plant to process tailings producing kaolin and silica sand, improving project economics and reducing environmental footprint

Energy and water conservation, renewable energy feasibility studies and upgrades underway

Scope 1 and 2 emissions reduction program commenced

Positive community engagement via long term sustainable job creation, procurement of local goods and services and support of local community groups

Commitment to deploy suitable modern technologies to reduce water and energy intensity

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12 INVESTOR PRESENTATION

ASX: SUV | suvo.com.au

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For further information

Bojan Bogunovic

Interim Chief Executive Officer bojan.bogunovic@suvoˌcomˌau +61 452 445 100

Suvo Strategic Minerals Limited Level 11, 40 The Esplanade Perth, Western Australia 6000 wwwˌsuvoˌcomˌau

Aaron Banks Non-Executive Chairman aaron.banks@suvoˌcomˌau +61 455 660 064

ASX: SUV | suvo.com.au