GREEN360 TECHNOLOGIES LIMITED — Investor Presentation 2017

Oct 5, 2017

==> picture [137 x 72] intentionally omitted <==

ASX Release

==> picture [123 x 10] intentionally omitted <==

6 October 2017

ULTRACHARGE LIMITED ACN 140 316 463

Level 6

105 St Georges Terrace, Perth Western Australia 6000 Tel: +61 8 6558 0886 Fax: +61 8 6316 3337 Web: www.ultra-charge.net

==> picture [123 x 10] intentionally omitted <==

Corporate and Investors Armada Capital & Equities Michael Shaw-Taylor M: +61 477 383 390 D: +61 2 9276 1203 michael.shaw-taylor@armadacapital.com.au

==> picture [123 x 9] intentionally omitted <==

Directors

Mr Kobi Ben-Shabat Mr David Wheeler Mr Doron Nevo Mr Yuri Nehushtan Mr John Paitaridis

ASX Code : UTR Shares : 475,537,404 Escrow Shares: 159,980,717

Options (various) : 82,000,000

Performance Rights: 41,250,000

==> picture [10 x 766] intentionally omitted <==

UltraCharge’s Iron Flow Battery has Big Potential to Meet Uninterrupted Power Supply Demands

• Iron flow battery provides uninterpreted power supply (UPS) solution to complement growing renewable energy market

• One-year anniversary of South Australian electricity black-outs drives Australian demand for new battery storage options

• Lower capital and operating costs than current solutions with high energy capacity advantages

• Multi-million dollar market opportunity for off-grid and utility applications

• UTR to offer battery technology solutions for both the lithium ion and flow battery markets

UltraCharge Limited (ASX: UTR, UltraCharge or the Company ) is pleased to announce further details on its iron flow battery technology. As previously announced, the Company has acquired this intellectual property (IP) through its exclusive license agreement with Epsilor, adding to its IP portfolio and energy storage offering. UltraCharge is now at the forefront of technologies offering solutions for both the lithium ion battery and flow battery markets.

Energy storage technologies are fast becoming a multi-billion-dollar market, and, in particular, there is growing demand for these technologies to compliment the renewable energy sector. Globally, there is increasing attention on the issue of energy security, giving rise to a worldwide transition from fossil fuels to renewable energy sources. Consequentially, this has resulted in a strong demand for new battery technologies, such as flow batteries that can complement renewable energy by providing a reliable uninterrupted power source. The total battery energy storage system market will reach $6.8B by 2022 (Markets and Markets Report dated 3/2016), by 2020 the flow battery market is set to increase in value to US$185M (Business wire, 2017).

UltraCharge’s iron flow battery solution can potentially deliver reliable and steady energy, offering efficient use of renewable energy production. It resolves the “variable” nature of renewable sources (as they rely on location, weather, and time of day), by balancing supply and demand, providing an uninterrupted power supply (UPS).

Initial analysis of the Company’s iron flow battery indicates low installation cost, Capex approximately US$250/kwh, with operating costs estimated to be up to half the cost of diesel alternatives. Furthermore, the iron flow solution will run at 13c/kwh, lower than Telsa’s PowerPack estimated run cost of 15c to 16c/kwh by 2020. These parameters suggest UltraCharge’s solution, is more cost effective and energy efficient than other comparable solutions on the market.

The Company seeks to capitalise on this, and provide a UPS solution to meet market demand, ultimately reducing electricity costs for households, and communities in remote and rural locations. In Australia alone, this market has huge potential as the Australian Government acknowledges the recent one-year anniversary of the South Australian (SA) electricity black-outs and its impact on the community, that lead to the SA government formulating a $550 million plan to become energy selfsufficient.

Australia is predicted to be the largest market for battery storage due to its high cost of electricity, number of households with solar panels and extensive solar resources. UltraCharge is well placed to capitalise on this market opportunity with its iron flow battery solution that is cost effective, with high energy production capacity.

A detailed overview of the Company’s iron flow battery technology is contained in the attached presentation.

Kobi Ben-Shabat, CEO said “We are very excited about the iron flow battery IP we have acquired, which increases our battery storage offerings and opens up extensive market opportunities. Our initial analyses of the technology has demonstrated promising results that indicate a more cost effective and high energy solution than others on the market. We look forward to capitalising on the flow battery market, and we see Australia has a huge growth market opportunity. We are working with our strategic allies to progress our strategy for the flow battery and I look forward to updating the market accordingly”.

Kobi Ben-Shabat Chief Executive Officer

About UltraCharge Limited ( www.ultra-charge.net)

UltraCharge is a battery technology company based in Israel which has acquired exclusive rights to patented technology from the Nanyang Technological University in Singapore (NTU). The technology will replace graphite in anodes (negative pole) with a nanotube gel material made from titanium dioxide, in lithium batteries. This has the potential to revolutionise the market for lithium batteries by producing a battery that is safe, has a longer lifetime and is fast charging. UltraCharge has established a laboratory facility in Israel to conduct nanotube synthesis and fabrication of the nanotube anode, and is discussing supply options with end users in the global battery market

==> picture [728 x 110] intentionally omitted <==

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

Iron Flow Battery Opportunity
----- End of picture text -----

6 October 2017

==> picture [47 x 48] intentionally omitted <==

==> picture [35 x 35] intentionally omitted <==

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

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

@ultrachargeUTR @UTRASX UltraCharge ultra-charge.net

==> picture [193 x 71] intentionally omitted <==

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

Disclaimer
----- End of picture text -----

This presentation has been prepared by Ultra Charge Limited (Ultra Charge). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Ultra Charge. 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 Ultra Charge. This presentation is not an offer to any person nor is it a prospectus. Ultra Charge 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 Ultra Charge 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 Ultra Charge. Ultra Charge reserve the right to update, amend or supplement the information at any time in their absolute discretion (without incurring any obligation to do so). Ultra Charge, 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 Ultra Charge.

==> picture [646 x 72] intentionally omitted <==

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

THE NEED FOR ELECTRIC FUEL IS SOARING
----- End of picture text -----

==> picture [435 x 450] intentionally omitted <==

Great need for energy solutions that enable

==> picture [74 x 62] intentionally omitted <==

Thousands to millions of watt-hours for renewable power systems such as solar and wind

==> picture [73 x 62] intentionally omitted <==

Efficient use of production power and load balancing during peak demand

==> picture [74 x 62] intentionally omitted <==

Ability to store excess power at off-peak hours

==> picture [74 x 62] intentionally omitted <==

Uninterrupted power supply (UPS) for users with a need for long term MWh

3

==> picture [625 x 71] intentionally omitted <==

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

ULTRACHARGE FLOW STORAGE BATTERY
----- End of picture text -----

ADDRESSING MARKET NEEDS

Energy Capacity Up to 12 hours

Low installation cost

Around $250/kwh system cost of 1MW

Long term stability Unique anode/cathode combination with proven reliability

Environmentally friendly and safe

Low impact on environment – recyclable components

4

.

==> picture [478 x 71] intentionally omitted <==

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

THE ULTRACHARGE SOLUTION
----- End of picture text -----

Photovoltaic panel arrays harvest solar energy

Unprecedented Pricing

Supply off-grid locations

The UltraCharge Iron Flow Battery stores for use on demand.

Generating electricity at 16-23¢/kWh vs. diesel alternative at 31-34¢/kWh

5

==> picture [499 x 71] intentionally omitted <==

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

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

==> picture [482 x 226] intentionally omitted <==

• High power density flow battery based on breakthrough nano-iron anodes

• Patented-pending technologies

• Ideal for selected energy storage applications – Grid Storage, Solar & Wind farm

• CAPEX under $200/kWh DC

==> picture [482 x 225] intentionally omitted <==

• Ability to supply up to 12 hours continuous power

• without re-charge

• Low manufacturing & running costs, with life cycle costs of 13¢/kWh vs. Tesla’s Powerpack battery at 15-16¢/kWh by 2020

• Safer and more environmentally responsible than traditional Lithium Ion batteries due to recyclable components

6

==> picture [440 x 71] intentionally omitted <==

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

TECHNOLOGY COMPARISON
----- End of picture text -----

==> picture [879 x 382] intentionally omitted <==

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

800
50
 Lower installation costs
CAPEX  OPEX
Lower operating costs HYDROGEN FUEL
(US$/kwh) (c/kwh)
 High energy capacity
30
500
LITHIUM ION
DIESEL GENERATOR
BATTERY
IRON FLOW BATTERY
200
5
4 8 12
----- End of picture text -----

ENERGY CAPACITY (hours)

7

==> picture [511 x 72] intentionally omitted <==

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

HOW THE FLOW BATTERY WORKS
----- End of picture text -----

Ion exchange membrane

The liquid reactants are stored in external reservoirs. They react within the tank to create electricity The capacity increase is made possible by increasing the tanks. The liquid reactants have a very long life span.

Anode Cathode Pump Pump

8

==> picture [595 x 72] intentionally omitted <==

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

OUR BATTERY’S UNIQUE TECHNOLOGY
----- End of picture text -----

==> picture [503 x 452] intentionally omitted <==

• Robust battery chemistry

• Components with a proven long-cycling

• lifetime (10,000 – 20,000)

• Iron / iron complex hybrid flow battery

• Advanced, proprietary iron anode

• Liquid cathode – complex iron pro/pre-cyanide

• Bipolar cell system

• Battery Management System (BMS) cell control system

9

.

==> picture [436 x 71] intentionally omitted <==

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

-
TARGET MARKET: OFF GRID
----- End of picture text -----

Many islands and remote areas with little or no interconnection with grid systems.

Currently use expensive diesel generation as primary power source.

High-performance batteries expected to enable transition to PV generators and battery storage units (PV+Storage solutions).

EXAMPLE:

If UltraCharge’s Iron Flow Battery has a storage capacity of 100kWh , this means that it can provide - up to 10 hours of power allowing users to be ~90% self-efficient for their power needs.

Also ideal for wind farm, solar farms and off-grid applications that need reliable, long duration and independent power supply.

10

.

==> picture [606 x 71] intentionally omitted <==

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

OPPORTUNITY INITIALLY WORTH $184B
----- End of picture text -----

Electrification of Rural Areas - $154B

From 2010-2030, no. of people without access to electricity to drop from 1.4B to 1.2B. 60% of electrification to be off-grid with mini-grid applications. A tremendous market for PV+storage systems such as UltraCharge Flow Batteries.

Replacement of Gensets on Remote Islands - $18B Diesel generation usually main source for electricity on islands. 5GW/90GWh batteries could potentially be deployed if market is fully addressed.

Replacement of Gensets in Developing Countries - $11B Remote islands and replacement of diesel-based generation also in any location.

11

==> picture [634 x 71] intentionally omitted <==

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

ULTRACHARGE FLOW BATTERY SUMMARY
----- End of picture text -----

• A high power density flow battery based on breakthrough,

patent-pending technology

• Efficient and reliable power production

• Very high levels of power supply

• Unique low cost manufacturing & operating

• Low environmental impact

• Poised to take the lion’s share of a growing market

• Multi-billion dollar market opportunity

12

==> picture [247 x 110] intentionally omitted <==

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

Contact
----- End of picture text -----

6 October 2017

==> picture [47 x 47] intentionally omitted <==

==> picture [35 x 36] intentionally omitted <==

==> picture [31 x 30] intentionally omitted <==

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

@ultrachargeUTR @UTRASX UltraCharge ultra-charge.net