GREEN360 TECHNOLOGIES LIMITED — Investor Presentation 2017

Oct 10, 2017

INVESTOR PRESENTATION October 2017 Battery technology that will revolutionise the global battery market

==> picture [768 x 119] intentionally omitted <==

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

DISCLAIMER
----- End of picture text -----

This presentation has been prepared by UltraCharge Limited (“UltraCharge”). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the UltraCharge. You should not treat the contents of this presentation, or any information provided in connection with it, as financial product advice or advice relating to legal, taxation or investment matters. This presentation and the information contained herein and all electronic and/or hard copy documentation which comprise it are being provided to you solely for your information and may not be copied, reproduced, distributed, disclosed or published, in whole or in part, to any other person for any purpose whatsoever at any time without the prior written consent of UltraCharge. This presentation is not an offer to any person nor is it a prospectus. UltraCharge has prepared this document based on information available to it at the time of preparation. No representation or warranty (whether express or implied) is made by the UltraCharge or any of their 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, forecast or projections set out in this presentation. This presentation is not investment or financial product advice (nor tax, accounting or legal advice) and is not intended to be used for the basis of making an investment decision. The information contained in this presentation has been prepared without taking into account the objectives, financial situation or needs of individuals. 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 UltraCharge. UltraCharge reserve the right to update, amend or supplement the information at any time in their absolute discretion (without incurring any obligation to do so). UltraCharge, nor their 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 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 UltraCharge. All pictures and diagrams are for illustrative purposes only.

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

CORPORATE OVERVIEW 3
----- End of picture text -----

CAPITAL STRUCTURE

UltraCharge is a battery technology company which will revolutionise the global battery market

==> picture [134 x 136] intentionally omitted <==

----- Start of picture text -----

25% 36%
39%
----- End of picture text -----

Management, Founders and Directors Top 20 (excl above) Other

==> picture [346 x 162] intentionally omitted <==

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

INVESTMENT HIGHLIGHTS
----- End of picture text -----

==> picture [76 x 76] intentionally omitted <==

ADDRESSABLE MARKET

• US$93.1 billion lithium‐ion battery market by 2025.

• US$185 million flow battery by 2020.

==> picture [97 x 88] intentionally omitted <==

ON TRACK

• Shipment of anode material for commercial clients by end of 2017.

• Production of 1000mA/P pouch cell battery by end of 2017.

==> picture [74 x 74] intentionally omitted <==

EXCELLENT DEVELOPMENT RESULTS

Working on increasing production efficiencies to meet customer requirements

==> picture [75 x 75] intentionally omitted <==

MARKET DRIVERS

Massive increase in demand due to growth of renewable energy, consumer demand for faster charging, longer lasting batteries

==> picture [78 x 77] intentionally omitted <==

KEY PARTNERSHIPS

In place with NTU, Epsilor, Leclanché and EVT Energy.

==> picture [92 x 92] intentionally omitted <==

LEADERSHIP & MANAGEMENT

Experienced team with key expertise in battery technology

THE BOARD

==> picture [99 x 101] intentionally omitted <==

Doron Nevo, Chairman

Over 30 years experience in the high-tech industry. Co-founder & CEO, KiloLambda. CEO of NKO and of Clalco. BSc in Electrical Engineering from the Technion. MSc in Management from NYU

==> picture [93 x 97] intentionally omitted <==

Kobi Ben-Shabat, Co- Founder & CEO

Vast leadership experience. Founded OPS, with annual sales of $14M, acquired by ASX listed Hills Limited. Holds an BA and MBA in Marketing and Information Technology.

==> picture [99 x 98] intentionally omitted <==

David Wheeler

Over 30 years in executive positions. Experienced director & corporate advisor. Fellow of the AICD, Director of several ASX listed companies.

==> picture [100 x 101] intentionally omitted <==

==> picture [95 x 95] intentionally omitted <==

John Paitaridis

Yuri Nehushtan

Managing partner of 25 years executive Nehushtan, Zafran, experience. Optus Scharf, Jaffe & Co., managing director. Law degree from Member of Australia’s Hebrew University in Institute of Company Jerusalem. Directors. Deputy chair, Masters from the Australia’s Information London School of Industry Association. Economics. Bachelor of Economics.

ADVISORY & MANAGEMENT

==> picture [101 x 106] intentionally omitted <==

Sharon Ben-Shabat VP Operation

Over 17 years of experience in senior management of operation & manufacturing. Global design transfer management & NPI programs in multi locations with most advanced technologies. Extensive practice with Lean & SIX sigma methods. BA Studies from Haifa University

==> picture [101 x 104] intentionally omitted <==

Danny Hacohen , VP Marketing, Sales, Bus. Dev.

Over 25 years in high-tech. Multiple senior positions in business operations. BA in Social Science & Mathematics. MBA studies, University of Bradford.

==> picture [100 x 104] intentionally omitted <==

Dr. Linoam Eliad, VP, R&D

15 years in R&D of nanomaterials for batteries and super capacitors. Lead projects for large

corporations, smaller startups, & US Air Force. PhD in Physical Chemistry & Electrochemistry from BarIlan University, Israel.

==> picture [100 x 104] intentionally omitted <==

Prof. Chen Xiaodong , Advisor

Associate Professor, School of Material Science and Engineering, NTU, Singapore. Domain expert in nano-bio interfaces & programmable materials for energy conversion.

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

EXPECTATIONS MET
----- End of picture text -----

Every committed milestone met

Upscaling production for Leclanché with new 55L Reactor

Reveals new Iron Flow Battery technology

Acquired new cathode IP from ETV Energy (Oct 2017)

UTR enhances internal development scope & capabilities (Aug 2017)

Proof of Concept Grant received (Jun 2017)

Production of test quantities of anode material

Acquires new battery technology – exclusive license agreement with Epsilor Completes selective capital reduction

Started discussions with customers

MOU with Leclanché

Optimised processes for synthesis of nanotubes & electrochemistry capabilities

Acquired exclusive license to IP

from NTU

2017

2016

Established research team & pilot facility, Israel

Listed on ASX (Dec 2016)

COMPANY OVERVIEW

TECHNOLOGY TO ENHANCE ENERGY STORAGE IN LITHIUM‐ION AND FLOW BATTERY MARKETS

ANODE TECHNOLOGY

• New Lithium ion Battery Technology

• Exclusive license to patented anode technology from the Nanyang Technology University in Singapore (NTU)

CATHODE TECHNOLOGY

• New Lithium ion Battery Technology

• Acquired a license to cathode IP from EVT ENERGY

• Access to new technology and industry leaders

IRON FLOW BATTERY

• New Battery Storage Technology

• Exclusive license to

patented iron flow battery technology from Epsilor

• This technology will allow efficient use of renewable energy production

==> picture [842 x 106] intentionally omitted <==

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

ANODE TECHNOLOGY – UTR’s technology
----- End of picture text -----

==> picture [842 x 422] intentionally omitted <==

----- Start of picture text -----

Significant benefits over current anode materials:
Breakthrough technology for lithium batteries replaces
graphite used for the anode (negative pole) with
UltraCharge’s nanotube gel material made from
RAPID COST ENHANCED LONGER LIFE
titanium dioxide (TiO2). CHARGING EFFICIENCY SAFETY CYCLE
Smartphones : 70% Use of raw Less carbon in Handle 20 times
charged in <6 mins materials and batteries = No more charging
Electric cars : patented thermal runaway cycles than today’s
TiO2 NANOTUBES dramatic increase affordable & overheating batteries (between
in capabilities with production – safer than 10,000 and 20,000
just 10‐15 minutes method traditional charging cycles)
charging lithium‐ion
batteries
The Innovation:
Novel & unique
synthesis of long
TiO [2] (B)
LITHIUM BATTERY
Patented technology TiO [2] Electron Graphite
low cost raw nanotube microscopy of replaced by
material. Simple gel titanium dioxide titanate powder
hydrothermal stirring nanotubes
----- End of picture text -----

ANODE

TECHNOLOGY–competitive technology Capacity (mAh/g) Typical Charge Time (hours) Cycle life Safety Cost Technology Complexity UTR’s Nanotubes (Titanium Dioxide) ~250 0.02 > 10000 Medium Low ‐ Medium Market Standard Graphite < 350 > 2 < 1000 Low Low Market Standard Silicon 400 – 2500 2 ‐ 3 700 ‐ 1000 NA Low High LTO ~ 170 0.02 7500 Medium Medium Low UTR’S TECHNOLOGY IS AN IMPROVEMENT ON CURRENT ANODE TECHNOLOGIES

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

ANODE TECHNOLOGY – market
----- End of picture text -----

Global lithium‐ion battery market expected to reach US$93.1 billion by 2025 , growing at a CAGR of 17% [Grand View Research].

==> picture [52 x 51] intentionally omitted <==

==> picture [50 x 49] intentionally omitted <==

==> picture [50 x 44] intentionally omitted <==

==> picture [58 x 59] intentionally omitted <==

==> picture [66 x 65] intentionally omitted <==

==> picture [54 x 55] intentionally omitted <==

Electric vehicle market predicted to be worth US$731 billion by 2037 [ Global Newswire]

High drivers of lithium‐ion battery demand [EPS News]

==> picture [842 x 106] intentionally omitted <==

----- Start of picture text -----

49% Automotive
40%
Industry
IDTechEx Research report, Lithium-ion Batteries 2016-2026
----- End of picture text -----*

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

CATHODE TECHNOLOGY
----- End of picture text -----

==> picture [842 x 249] intentionally omitted <==

----- Start of picture text -----

High voltage cathode ADVANTAGES
for lithium ion batteries
P
R
Cathode
O
Battery Pack (with graphite anode)
D
U
Battery Pack (with UTR anode)
HALF
HIGH SMALLER HIGH
C
EXPECTED REVENUES 18‐24 MONTHS ENERGY SIZE VOLTAGE COSTS
T
(THAN
S COBALT)
COMPARISONS WITH OTHER CATHODES ON MARKET
IMMEDIATE MARKETS
----- End of picture text -----

==> picture [361 x 156] intentionally omitted <==

1st generation: high voltage, high energy 2[nd] generation: AVIATION POWER BIKES in development, higher voltage, higher energy US$100 ‐ $500 million each [EVT Presentation] .

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

IRON FLOW BATTERY
----- End of picture text -----

High power density flow battery based on breakthrough Nano‐iron anodes

==> picture [842 x 362] intentionally omitted <==

----- Start of picture text -----

High power density flow battery based on
breakthrough Nano‐iron anodes Low installation cost ‐
Very high MW capabilities $250/kwh vs CAPEX:
~$200/kwh DC
Safer & more environmentally
Long term stability responsible than traditional
lithium‐ion batteries
Low manufacturing & running
Ability to supply 4‐12 hours
costs – lifecycle costs by
continuous power without
2020: 13c/kwh vs Telsa’s
recharge
PowerPack: 15‐16c/kwh
MARKET
Global flow
battery market to
reach US$185
Energy storage systems expected to witness Electrification of Rural Replacement of Replacement of million by 2020.
fastest growth over forecast period at CAGR of
Gensets on Remote Gensets in Developing
Areas ‐ $154B [Businesswire]
21% from 2017‐2025 [EPS News].
Islands ‐ $18B Countries ‐ $11B
----- End of picture text -----

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

COMPARATIVE COMPANIES
----- End of picture text -----

==> picture [357 x 170] intentionally omitted <==

----- Start of picture text -----

Capital raised by Similar Battery
250 Technology Companies (US$M)
200
205
150
100 126
108
50
40 55
0
Enevate (US) Amprius (US) Nexeon (UK) StoreDot SolidEnergy
(Israel) (US)
----- End of picture text -----

Examples of private companies established within the last five years similar to UTR. With Commercialisation slated within the next two to three years.

StoreDot is a similar Israeli company (private), which is two years ahead of UTR in terms of development, scaling facilities and pilot production. The company has a valuation of US$500 million and has recently raised US$60 million [Bloomberg] .

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

BUSINESS MODEL
----- End of picture text -----

UltraCharge will initially focus on applications that bring simplicity for the energy storage market, by offering a game‐changing battery that is: Fast charging , has enhanced safety , is cost efficient , and has a longer lifespan .

==> picture [62 x 12] intentionally omitted <==

----- Start of picture text -----

PHASE 1
----- End of picture text -----

PHASE 2

==> picture [62 x 12] intentionally omitted <==

----- Start of picture text -----

PHASE 3
----- End of picture text -----

1. Production of test samples of Anode material

   1. Achieve mass production capabilities

2. Ramp up production capabilities

3. Ship samples to selected clients for commercial evaluation

4. Ability to sell volumes Anode material to battery manufacturers

5. UltraCharge to sell anode material at limited volumes

==> picture [538 x 75] intentionally omitted <==

----- Start of picture text -----

3. Initiate license agreements to
3. Potential 1 [st] Business
Tier 1 battery manufacturer
Collaboration
Completed 12 months Within 24
months
----- End of picture text -----

1. Provide multiple licenses to battery manufactures

The ability of Ultra Charge to meet these timelines is subject to various factors including availability of staff and equipment at production facilities and Ultra Charge Anode material being suitable for use by end users in accordance with its proposed business plan. Ultra Charge believes that the funds raised under the public offer will be sufficient to commence production and sales of the Anode material. However, grant financing cannot be guaranteed and further funding may be required to meet the objectives stated above.

STRATEGIC PARTNERSHIPS

Nanyang Technology University (NTU), Singapore

Leading technology university. UltraCharge has an exclusive license over the anode material developed at NTU.

Leclanché, Switzerland

One of the world's leading fully integrated battery energy storage solution providers. Ultracharge has a MOU in place to undertake a project, focused on the electrical bus market.

Epsilor Electric Fuel Limited, Israel

Subsidiary of Arotech Corporation’s power sources division. UltraCharge has a licensing agreement which provides an exclusive license option for new battery intellectual property (Iron Flow Battery).

EVT Energy

Israeli battery technology company established in 2008. UltraCharge has access to EVT’s high voltage cathode IP.

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

ACTIVITY PIPELINE 16
----- End of picture text -----

UltraCharge’s energy storage technology is a game‐changing battery that is: Fast charging , has enhanced safety , is cost efficient , and has a longer lifespan .

==> picture [777 x 309] intentionally omitted <==

----- Start of picture text -----

Full mass production of anode material, in volumes
18‐24 months ready to sell to battery manufacturers. Provide
multiple licenses to battery manufacturers.
Mass production of anode material for
12 months selected customers
3 months 1000mA/h pouch cell for prototype
The ability of Ultra Charge to meet these
timelines is subject to various factors
including availability of staff and equipment
2 month Pilot Plant Production 55L Capacity – Leclanché at production facilities and Ultra Charge
Anode material being suitable for use by
end users in accordance with its proposed
business plan. Ultra Charge believes that
the funds raised under the public offer will
COMPLETED: Technology transfer & initial scale be sufficient to commence production and
TODAY up production of prototypes & samples sales of the Anode material. However,
grant financing cannot be guaranteed and
----- End of picture text -----

The ability of Ultra Charge to meet these timelines is subject to various factors including availability of staff and equipment at production facilities and Ultra Charge Anode material being suitable for use by end users in accordance with its proposed business plan. Ultra Charge believes that the funds raised under the public offer will be sufficient to commence production and sales of the Anode material. However, grant financing cannot be guaranteed and further funding may be required to meet the objectives stated above.

==> picture [842 x 56] intentionally omitted <==

----- Start of picture text -----

RIGHT TIME TO INVEST 17
----- End of picture text -----

==> picture [842 x 106] intentionally omitted <==

RAPID CHARGING TECHNOLOGY

LONG LIFE SPAN TECHNOLOGY

ENHANCED SAFETY HUGE GROWTH MARKET PROJECTED FOR LI‐BATTERIES

IP SECURED

COST EFFICIENT STRATEGIC COMMERCIAL COLLABORATIONS IN PLACE FAVOURABLE ECONOMICS

==> picture [842 x 106] intentionally omitted <==

@ultrachargeUTR @UTRASX UltraCharge

Israel R&D Facility Israel Head Quarters

==> picture [93 x 31] intentionally omitted <==

----- Start of picture text -----

Brisbane
Product Development
----- End of picture text -----