GREEN360 TECHNOLOGIES LIMITED — Investor Presentation 2017

Oct 4, 2017

INVESTOR PRESENTATION

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October 2017

Battery technology that will revolutionise the global battery market

DISCLAIMER

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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.

CORPORATE OVERVIEW

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CAPITAL STRUCTURE

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

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ASX Code: UTR Total shares on issue: 635 m Escrowed shares on issue: 25% Performance rights: 41 m Options: 82 m Market Cap. @ 2.5c: A$15.9 m Cash (30 Jun 17): US$1.8 m

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Management, Founders and Directors
23% 32%
Top 20 (excl above)
45% Other
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THE BOARD

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Doron Nevo, John Paitaridis Kobi Ben-Shabat, David Wheeler
Chairman Co- Founder & CEO
Over 30 years experience in 25 years executive experience. Vast leadership experience.
Over 30 years in executive
the high-tech industry. Co- Optus managing director. Member Founded OPS, with annual
positions. Experienced
founder & CEO, KiloLambda. of Australia’s Institute of Company sales of $14M, acquired by ASX
director & corporate advisor.
CEO of NKO and of Clalco. Directors. Chairman, Australia’s listed Hills Limited. Holds an BA
Fellow of the AICD, Director
BSc in Electrical Engineering Information Industry Association. and MBA in Marketing and of several ASX listed
from the Technion. MSc in Bachelor of Economics. Information Technology.
companies.
Management from NYU
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ADVISORY & MANAGEMENT

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Sharon Ben-Shabat Danny Hacohen , Dr. Linoam Eliad, Prof. Chen Xiaodong ,
VP, R&D Advisor
VP Operation VP Marketing, Sales, Bus. Dev.
15 years in R&D of nano- Associate Professor,
Over 17 years of experience Over 25 years in high-tech.
materials for batteries and School of Material
in senior management of Multiple senior positions in
super capacitors. Lead Science and
operation & manufacturing. business operations.
Global design transfer BA in Social Science & projects for large Engineering, NTU,
management & NPI Mathematics. MBA studies, corporations, smaller start- Singapore. Domain
ups, & US Air Force. PhD in expert in nano-bio
programs in multi locations University of Bradford.
with most advanced Physical Chemistry & interfaces &
Electrochemistry from Bar- programmable materials
technologies. Extensive
Ilan University, Israel. for energy conversion.
practice with Lean & SIX
sigma methods. BA Studies
from Haifa University
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COMPANY OVERVIEW

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ANODE TECHNOLOGY

• New Lithium Ion Battery Technology

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

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

INVESTMENT HIGHLIGHTS

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ADDRESSABLE MARKET

• US$93.1 billion lithium-ion battery market by 2025 [Grand View Research]

• US$185 million flow battery by 2020

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ON TRACK

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

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

• [Businesswire].

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EXCELLENT DEVELOPMENT RESULTS

Working on increasing production efficiencies to meet customer requirements

KEY PARTNERSHIPS

In place with NTU, Epsilor and Leclanché.

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MARKET DRIVERS

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

LEADERSHIP & MANAGEMENT

Experienced team with key expertise in battery technology

EXPECTATIONS MET

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Every committed milestone met

Upscaling production for Leclanché with new 55L Reactor

Reveals new Iron Flow Battery technology

Proof of Concept Grant received (Jun 2017)

Production of test quantities of anode material Completes selective capital reduction

Optimised processes for synthesis of nanotubes & electrochemistry capabilities

Acquired exclusive license to IP from NTU

2017

2016

UTR enhances internal development scope & capabilities (Aug 2017)

Acquires new battery technology – exclusive license agreement with Epsilor

Started discussions with customers

MOU with Leclanché

Established research team & pilot facility, Israel

Listed on ASX (Dec 2016)

ANODE TECHNOLOGY – UTR’s technology

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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 titanium dioxide (TiO2).

TiO2 NANOTUBES

Novel & unique synthesis of long TiO[2] (B)

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LITHIUM BATTERY
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RAPID COST ENHANCED LONGER LIFE 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 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: Patented technology TiO[2] Electron Graphite low cost raw nanotube microscopy of replaced by material. Simple gel titanium dioxide titanate powder hydrothermal stirring nanotubes

– ANODE TECHNOLOGY competitive technology

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	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

ANODE TECHNOLOGY – market

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

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

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

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IRON FLOW BATTERY

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

Energy storage systems expected to witness fastest growth over forecast period at CAGR of 21% from 2017-2025 [EPS News].

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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 Replacement of million by 2020. Gensets in Developing [Businesswire]

STRATEGIC PARTNERSHIPS

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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).
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COMPARATIVE COMPANIES

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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)
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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] .

ACTIVITY PIPELINE

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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 .

18-24 months

Full mass production of anode material, in volumes ready to sell to battery manufacturers. Provide multiple licenses to battery manufacturers.

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Mass production of anode material for 12 months selected customers 3 months 1000mA/h pouch cell for prototype 2 month Pilot Plant Production 55L Capacity – Leclanché COMPLETED: Technology transfer & initial scale TODAY up production of prototypes & samples

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.

RIGHT TIME TO INVEST

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RAPID CHARGING TECHNOLOGY

ENHANCED SAFETY

HUGE GROWTH MARKET PROJECTED FOR LI-BATTERIES IP SECURED

LONG LIFE SPAN TECHNOLOGY

COST EFFICIENT STRATEGIC COMMERCIAL COLLABORATIONS IN PLACE FAVOURABLE ECONOMICS

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CONTACT
KOBI BEN-SHABAT
CEO, UltraCharge
www.ultra-charge.net
157 Derech Jaffa, Haifa, Israel
+972-58-4007346
kobi@ultra-charge.net
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@ultrachargeUTR @UTRASX UltraCharge

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Israel
R&D Facility
Israel
Head Quarters
Brisbane
Product Development
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