IPD GROUP LTD — Investor Presentation 2023

Mar 26, 2023

Leading national distributor anddistributor and service provider service provider to the Australian electrical marketAustralian electrical market EV Charging Infrastructure Insights

Presentation at Shaw and Partners 27 March 2023

Version 1.2

What we’ll share today

• Introduction

EV CHARGING INFRASTRUCTURE INSIGHTS |

– EV Charging market insights

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– Process of making a site EV ready

– Customer perspective

– Q&A

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IPD GROUP - EV CHARGING INFRASTRUCTURE INSIGHTS V1.2

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We power, automate and connect infrastructure to build a better world

As more countries take action to reduce carbon emissions, demand continues to grow for the products and services essential to deliver responsible economic development.

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IPD Group is a vertically integrated provider of end-to-end solutions to the Australian electrical market that help make it possible.

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DAVID SULLIVAN |

EV Charging market insights

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The road to the electrification of transportation

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Not new – an ongoing evolution since the start…

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1884
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First Production EV

Englishman Thomas Parker – 1 year before Karl Benz created the Gasoline car. The first Porsche was Electric.

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1908
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EVs Mass Produced

Thousands of EV’s in America and the US.

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1910
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Model T

Electric car vanished – Cheaper Gasoline 16.5M sold.

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The road to the electrification of transportation

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Not new – an ongoing evolution since the start…

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1997 2008
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Toyota Prius

Tesla Roadster

First mainstream Hybrid.

First car to run on Lithium batteries 0-100 km/h in 3.7 sec.

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2010
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Nissan Leaf

Compact car 80 kW synchronous electric motor 24 kWh Lithium Ion battery 160km range.

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Emerging E-mobility segments

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Light
Buses Trucks
Commercial
Mining & Freight
Marine & Aircraft
Construction Movement
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E-Mobility segment focus areas

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Residential /Commercial

Public Infrastructure

7.5 – 11kW AC

• 24 – 90kW DC

• 120 – 350kW DC

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Fleets

• 7.5-11kW AC

• 50 -180kW DC

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Public Transport

• 50-180kW DC 350-600kW DC

• Private homes

• Multi-tenant homes

• Residential communities

• Private business

• Council on street parking

• Private car parks

• Business parks

• Retail establishments

• Hospitality

• Accommodation

• Vehicle distributors

• Vehicle service centres

• Vehicle operators / fleets

• Office complex

• Government

• Industrial

• Depot – overnight

• Enroute - opportunity

Maintenance Repair & Operation

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Fast facts

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AUSTRALIAN ELECTRIC VEHICLE SNAPSHOT

In 2022, EV sales almost doubled with 3.8% of all new cars purchased being electric.

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1. 2022 Australian Electric Vehicle Industry Recap - Electric Vehicle Council

Fast facts

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AUSTRALIAN ELECTRIC VEHICLE SNAPSHOT

In 2022, Australia had 4,943 public chargers. Of those, only 464 were fast chargers.

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1. State of EVs October 2022 - Electric Vehicle Council

Fast facts

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AUSTRALIAN ELECTRIC VEHICLE SNAPSHOT

~20x We require more public chargers in 2030 compared to today.

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3, Voices on Infrastructure: Scaling EV infrastructure to meet net-zero targets | Operations | McKinsey & Companyl

Growth forecast of EV’s

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Australian Electric Vehicle Council

Estimate that 1 million EV’s are needed on the road by 2027 to reach our Net-Zero by 2050 - commitments that equates to a 12 fold increase .

New EVs purchased in Australia: 2011-2022[4]

Where we think the Australian EV Fleet needs to go to align with Net Zero by 2050[5]

1. EV purchase figures come from a range of sources including VFACTS and direct industry reporting.

2. Figures do not represent a detailed forecast, but forms the basis of an aspirational target of 1 million light EVs by 2027 in order to get the Australian EV market on track to achieve >50% EV purchases by 2030, and 100% EV fleet by 2050. The spilt between BEVs and PHEVs is indicative, and reflects a similar 80%/20% BEV/PHEV split reflected in the Australian market over recent years.

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2.8 million chargers required by 2030

3 million EV’s on the road by 2030

Forecast $18 - $20 billion of investment required

16 of the largest global car makers to phase out ICE by 2040

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Total solution provider

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Consultancy Hardware Software Project Installation & Client & operator Remote Maintenance
selection management commissioning training monitoring & repairs
& operation
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ED KESTEL |

Process of making a site EV ready

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Key sections

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Understand the opportunity with EV charging and associated electrical infrastructure. There is a lot more to EV charging than just the charger.

1 2 3 EV Charging Design & Operations, Infrastructure Installation Maintenance & Repairs

Case Study

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EV Charging Infrastructure

Types of chargers

Hardware

Software

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EV Charging Infrastructure

Types of sites

• A typical charging station and how it connects to the grid.

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EV Charging Infrastructure Types of chargers

Hardware

Software

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Types of chargers

Types of sites

Level 1 - Portable 10amp/15amp, charging is slow. Level 2 - AC Chargers home/public/destination chargers 7kW to 22kW, charging is fast. Level 3 - DC Fast chargers 25kW to 350kW. Perth has 50kW, charging is ultra fast.

• Limiting factor to the speed of charge is the onboard charger

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EV Charging Infrastructure

Types of chargers

Hardware

Software

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Hardware

Types of sites

• Select charging infrastructure based on the site operation needs.

• Understanding driving patterns of the drivers is critical.

• Be agnostic and select the right chargers for the solution.

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EV Charging Infrastructure Types of chargers

Hardware

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Software

Software

Types of sites

• Energy Management, load shifting to reduce demand from chargers and unnecessary upgrades.

• Charging optimisation, co-optimisation of vehicle duty cycle, fleet uptime and fuel costs.

• Interoperability, open-standards like OCPP will avoid vendor lock-in.

• Home integration, track your fleet vehicles charged at employee homes to allow reimbursement.

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EV Charging Infrastructure Types of chargers

Hardware

Software

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Types of sites

Types of sites

• Public charging hubs.

• Commercial properties ie. shopping centres, tourist destinations and commercial businesses.

• Multi-residential and strata.

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Design considerations

Understand the usage profile

Understand existing electrical infrastructure & capacity

Select the EV chargers & produce layout drawings

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Design considerations

Installation

• Smart site selection mitigates project costs and timelines.

Configure charging stations

• Site assessment, while equipment cost may be known, installation cost can vary wildly. Detailed site assessment helps develop an efficient installation plan.

• Early engineering and design, asking the right questions about the types of usage enable a detailed engineering plan to be developed for future expansion.

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Design consideration

Understand the usage profile

Understand existing electrical infrastructure & capacity

Select the EV chargers & produce layout drawings

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Understand the usage profile

Installation

• The first step is to obtain a time series data set to create a car park usage profile.

Configure charging stations

• Helps establish the baseline number of cars that are parked at any given time interval and provides insights into the likely change in energy draw from charging EVs at the given site.

• Allow for predicted EV car sales growth.

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Design consideration

Understand the usage profile

Understand existing electrical infrastructure & capacity

Select the EV chargers & produce layout drawings

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Understand existing electrical infrastructure & capacity

Installation

• Key factor is determining how the electrical supply can accommodate the EV demand.

• A site inspection is conducted to assess the capacity of the existing electrical infrastructure.

Configure charging stations

• Determine the capacity of the local substation, incoming conductors, and main switchboard.

• Several electrical infrastructure upgrades such as distribution boards, cabling and metering are required depending on the specifics of the installation.

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Design consideration

Understand the usage profile

Understand existing electrical infrastructure & capacity

Select the EV chargers & produce layout drawings

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Select the EV chargers & produce layout drawings

Installation

• The outcomes of the usage profile and subsequent EV infrastructure model determines the number of charge points.

Configure charging stations

• A graphical representation of the model and design is created that includes the location of bollards, access, cable paths, and an electrical schematic.

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Design consideration

Understand the usage profile

Understand existing electrical infrastructure & capacity

Select the EV chargers & produce layout drawings

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Installation

Installation

• Depending on the size of electrical infrastructure upgrades there are two types of electrical contractors that need to be engaged.

Configure charging stations

• One that holds expertise on electrical activities behind the meter.

• Another that is proficient in conducting in front of the meter.

• We uniquely offer both.

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Design consideration

Understand the usage profile

Understand existing electrical infrastructure & capacity

Select the EV chargers & produce layout drawings Installation

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Configure charging stations

• Begin by optimising the charging system.

• Deciding if the chargers should be managed as a group or individually.

Configure charging stations

• How the software should enable customer payments and designate pricing rates, e.g., time-of-use or

• variable rates.

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Operations, maintenance & repairs

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Operations, maintenance & repairs

• Marketplace has suffered in the early years from poor maintenance and service support.

• Significant opportunity of recurring revenue via maintenance, repair and operation contracts.

• Gemtek is well placed to take advantage of this through our national field service teams.

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Case study

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Case study – Western Power

• EV charging to 15 x Mitsubishi Outlanders.

• Limited power available at the car park switchboard.

• Fleet utilization reports.

• Load management required, with new power meters.

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CHRIS DODD |

Gemtek customer perspective

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Dodd & Dodd Group

Who are the Dodd & Dodd Group? What do you use Gemtek for and why? How many sites have you worked with Gemtek on?

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EV CHARGING INFRASTRUCTURE INSIGHTS |

Q&A

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Important notice & disclaimer

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NO RELIANCE

The information contained in this document is not investment or financial product advice and is not intended to be relied upon as the basis for an investment decision, and is not, and should not be assumed to be, complete. The information provided in this presentation may not be suitable for your specific needs and should not be relied upon by you in substitution for obtaining independent advice.

To the maximum extent permitted by law, neither the Company nor any other party guarantees or makes any representations or warranties, express or implied, as to, or takes responsibility for, the accuracy or reliability of the information contained in this document or as to any other matter, or takes any responsibility for any loss or damage suffered as a result of any inadequacy, incompleteness or inaccuracy in any statement or information in this document including, without limitation, any financial information, any estimate or projections or any other financial information.

Past performance information provided in this document may not be a reliable indication of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions, and beliefs of the Company. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon.

FORWARD LOOKING STATEMENTS

This document contains certain forward-looking statements and comments about future events. Forward-looking statements involve known and unknown risks, significant uncertainties, assumptions, contingencies, and other factors, many of which are outside the control of the Company, are subject to change without notice, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct, and which may cause the actual results or performance of the Company to be materially different from any results or performance expressed or implied by such forward-looking statements. Such forward-looking statements speak only as of the date of this document. Forward looking statements should not be relied on as an indication or guarantee of future performance. No representation, warranty or undertaking is made that any projection, forecast, assumption or estimate contained in this document should or will be achieved. The Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this document to reflect any change in expectations in relation to any forward looking statements or any change in events, conditions or circumstances on which any such statement is based.

MISCELLANEOUS

No person, especially those who do not have professional experience in matters relating to investments, may rely on the contents of this document. If you are in any doubt as to the matters contained in this document you should seek independent advice and/or consult your stockbroker, bank manager, solicitor, accountant, or other financial adviser.

A number of figures and calculations in this presentation are subject to the effects of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this presentation. All dollar figures within this document represent Australian Dollars unless otherwise specifically stated.

PRESENTATION AUTHORISED BY THE BOARD

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