PPK GROUP LIMITED — AGM Information 2019

Nov 25, 2019

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ASX ANNOUNCEMENT

FOR IMMEDIATE RELEASE TO THE MARKET PPK Group Limited – ASX Code: PPK

Tuesday 26 November 2019

Chairman’s Address and Presentation - 2019 AGM

The last 12 months have been the most exciting in the Company’s history.

The joint-venturing with Deakin University has delivered a raft of opportunities. The development of BNNT is nearing a commercial stage and the further research agreement with Deakin will potentially foster and provide broader markets in new generation batteries, thermal conductive materials, metal composites, reinforced armours, reinforced polymers and reinforced ceramics.

The acquisition of a 45% interest in Craig International Ballistics (announced 28 October 2019) is anticipated to complete mid-December.

Our mining business continues to have a real and meaningful position in the NSW coal mining regions and we think that too has further growth and opportunity.

There will be a presentation at the end of the meeting to provide more detail.

For further information contact:

Robin Levison

Executive Chairman of PPK Group Limited On 07 3054 4500.

PPK GROUP LIMITED

ABN: 65 003 964 181

Level 27, 10 Eagle St, Brisbane QLD 4000 GPO Box 754, Brisbane Qld 4001 Tel: +61 7 3054 4500 Fax: +61 7 3054 4599

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ANNUAL GENERAL MEETING Tuesday, 26 November 2019

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The Next-Generation Nano-Material

They are Clear or White

Providing commercial advantages over the more widely adopted Carbon Nanotubes which are black only. They can also be dyed.

An Electrical Insulator

As apposed to the more widely adopted Carbon Nanotubes which are Electrical Conductors opening up new markets

Piezoelectric Properties

They Generate an Electrical Charge when Stretched or bent ideal for sensing technology.

Unprecedented Thermal Conductivity

7.5 x more thermal conductive than Copper. Increases thermal conductivity of polymers >10x

Strong Mechanical Properties

100 times the strength of Steel 30 times stronger than Kevlar.

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50 times Stronger than Industrial Carbon fiber

Super flexible & Light

They are as light as Carbon fiber Can be bent over 90°, 1000’s of times without failure, they even self repair

BNNT

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Radiation Resistant

They absorb neutron atoms making BNNT a revolutionary radiation resistant material for space travel.

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Superior Thermal Resistance

Can withstand temperatures over 900°C in untreated air without degradation.

2 x more Heat resistant than CNT’s & Kevlar

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PPK AGM November 26[th] 2019

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BNNT’s are set to dominate the Nanotube Market

Polymer & Ceramic Composites

Keeping its strength to over 900°C BNNT

Piezoelectric

BNNTs will be key to enhanced sensors and robotics including applications in Unmanned Aerial Vehicles, harvesting energy and satellites

enhanced composites have superior strength and thermal conductivity

Quantum Computing

BNNTs hold promise for a variety of uses, from heat sinks enabling next-generation computing

Water Replant & Anti-Corrosion

BNNT polymer composites can be applied as waterrepellent textiles, self-cleaning glasses, coatings to help combat corrosion of metal substrates. As BNNTs are water repelling they can be used to sperate oil from water

Market BNNT Opportunity

Solar Cells and Battery Technology

Coating organic photovoltaics with BNNT loaded polymer can significantly improve device lifetime. Efficient batteries with faster charging and longer Charge

Radiation shielding

With unique high efficiency absorption of thermal neutrons BNNTs can be used for neutron shielding materials. Ideal for aviation and aerospace applications

Electrically insulating

Biomedical

BNNTs are not cytotoxic, Consequently they will be useful in nano-textured cellular scaffolding for nerve and bone tissue regeneration, nanoscale delivery structures, and oncology cancer treatments.

PPK AGM November 26[th] 2019

Electrically insulating ultra strong components will be possible with BNNT composites.

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BNNT Applications Under Research Globally

•	Metal Polymer & Ceramic Components	•	Temperature-tolerant vibrational	•	Nanoelectronics where heat dissipation
•	Transparent material for Defence,		dampeners.		is critical.
	Automotive & Aviation	•	Composites for unmanned aerial	•	Nano transducers
•	Thermal conductive & electrical Insulating		vehicles.	•	Nano Bio sensors.
	semiconductors	•	Tough coatings	•	Fillers in metal/ceramic composites high
•	Sensors	•	Bright LEDs		temperatures.
•	Long-lasting batteries	•	Radiation shielding	•	Optoelectronic devices,
•	Efficient solar panel arrays	•	Neutron detection	•	Lithography applications
•	Supercapacitors	•	Rugged aerospace components	•	Antifouling surfaces.
•	Hydrogen storage	•	Biomedical scaffolding for nerve & bone	•	Aerospace components
•	Desalination.		tissue regeneration	•	Applications in Dentistry.
•	Water purification	•	Targeted drug delivery	•	Fire retardant cabling
•	Fire retardant clothing & materials	•	Cancer treatments.	•	Satellite structure & shielding
•	Cancer and cellular regeneration	•	Computer component shielding heat,	•	Light weight armour
	therapies.		electricity & radiation	•	High temperature components
•	3D Printers	•	Screen protection glass	•	Spintronics or spin-based electronics
•	Bullet proof clothing & glass	•	Polyurethane-modified Bucky paper	•	Orthopedic implant applications
			composites
		•	Reinforced aluminium

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PPK AGM November 26[th] 2019

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Partnerships Solving the Problem

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Deakin University BNNT Technology Ltd PPK LTD
Renowned Research Products, Skills and Experience, Expertise
and Development Technical Know How Commercialisation
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Deakin University, BNNT Technology and PPK Join to construct the world's first commercial scale BNNT manufacturing facility which can produce in a continual process large volumes of high quality BNNT at temperatures under 1,600°C using new globally patented technology. Until now BNNTs have been produced in small production quantities in batch processes at temperatures over 5,000°C making BNNTs expensive and difficult to procure and to compete commercially.

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PPK AGM November 26[th] 2019

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PPK BNNT Background

Deakin University has developed a technology for manufacturing BNNT in volumes previously unavailable.

BNNT Technology Limited has a 20 year exclusive license and global patents to manufacture BNNT.

JV Research agreement with Deakin University, BNNT Technology Limited and PPK has been signed:

• includes an initial six BNNT application projects for research into new technologies and materials.

• all projects have a 2 to 3 year time horizon

• Deakin University provides existing IP, researchers, resources and equipment

• BNNT Technology Limited provides BNNT for research and commercial purposes

• PPK provides management services to oversee the projects and commercialise new technology products

• Sufficient financing in place to fund R&D for all six application projects

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PPK AGM November 26[th] 2019

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Six New BNNT Application Projects

16 October 2019 PPK Signs JV Agreement with Deakin University

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01 02 03
Li-S Batteries – A new Thermal Conductive Metal Composites –
type of battery with Materials – develop new develop 3D printing
faster charge rates and thermally conductive synthesis technology for
increased battery cycle and electrical insulating BNNT-metallic alloy
life based on Lithium materials and related composites.
Sulphur (Li-S) using preparation
BNNT as both an technologies for
integrated protective electronic device and
insulation layer and a packaging purposes.
component in
composite anodes
Finalising Li-S
Battery Project
T&Cs
Mobile Phones / Solar LED chips, smart phones, Industrial and aerospace
Battery Packs / Batteries for PC or notebooks with applications requiring high
Portable Devices power supply, battery packs tensile and thermal
resistance qualities
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PPK AGM November 26[th] 2019

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Six New BNNT Application Projects

16 October 2019 PPK Signs JV Agreement with Deakin University

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04 05 06
Reinforced Transparent Reinforced Polymers – Reinforced Ceramics –
Armor – develop develop blends of BNNT improve mechanical
manufacturing with polymers to create properties of brittle
processes for new industrial uses. ceramics by blending
incorporating BNNT into BNNT demonstrates with BNNT.
transparent materials to superior binding
enhance ballistic qualities for Polymers
performance without
increasing weight or
thickness.
28th October
PPK signs binding
MOU to acquire
45% of CIB
Stronger transparent Develop new classes of Improve existing ceramic
materials for use in polymers with unique products and develop new
class of ceramics with
medical, space, military, mechanical and thermal
unique mechanical and
auto and industrial safety capabilities
thermal capabilities
Markets
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PPK AGM November 26[th] 2019

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PPK Technology Timeline

In less than 12 months PPK has significantly advanced the potential to produce and commercialise BNNT and BNNT new technologies through strategic partnerships.

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October 2019 JV Agreement Signed with March 2019 Deakin University and $8.5M Capital PPK Acquires 50% of BNNT Raising Technology Limited

PPK AGM November 26[th] 2019

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October 2019 Binding MOU with Craig International Ballistics (45% equity for $5.00m)

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November 2019

Finalising Battery Project T&Cs with Deakin Energy

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PPK Technology Process

Stage One - Validated

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The bulk creation of base material in a unique form that is ready for conversion into BNNT. Previously this was only created in small quantities in laboratory conditions

Stage Two - Validated

1

The safe and efficient semi-automated transfer of base material from Stage 1 to Stage 3 in a specific chemical environment. Previously this was a manual operation;

Stage Three - Testing

The conversion of base material into BNNT in a continuous batch process using newly designed equipment. Previously this was a manual operation

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PPK AGM November 26[th] 2019

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PPK – BNNT Update

Ongoing testing of the BNNT production processing settings continues:

• Provides greater understanding of the parameters and critical set points to achieve higher volumes

• Initial design of the automation functionality has been completed and being tested

• Engineering designs for modular approach for scaling up production process methods is underway

• Introducing new furnace technology for more accurate heat control to allow more frequent testing of production variants

Producing small quantities of BNNT with various processes:

• Stockpiling for application development and early sales

• Determining optimum quality and output from current processes

Complete final equipment design for next BNNT plant construction which is underway

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PPK AGM November 26[th] 2019

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PPKME - MINING EQUIPMENT

PPK AGM November 26[th] 2019

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PPKME Financial Update

PPKME has signed a 3-year fixed price contract for parts and services with one of its largest customers and agreed terms for a further fixed price contract with another of its key customers

Thermal coal prices have fallen by ~32% this calendar year

Major customers reviewing surplus operating spend and capital budgets due to fall in coal prices

Short term impact on PPKME

• YTD revenues above budget but not by as much as the reported August results

• YTD EBITDA now slightly below budget

• Budgets were ramping up to Christmas due to:

• new product being released in October, will now occur in December

• positive impact of new contracts expected in October, should now occur in early 2020

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PPK AGM November 26[th] 2019

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PPKME Innovation Update

Battery electric personnel transporter

• March 2020 - diesel powered proto-type to be completed

• June 2020 – tested and configured for customers requirements, ready for sale

• June 2021 – retro-fit for battery electric engine

Planning to retro-fit CoalTrams with a battery electric engine June 2021

Introduction of ceramic filters

• Initial testing on CoalTram completed, significantly cleaner than any other filter

• Further testing in progress

Our three largest customers are partnering these projects

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PPK AGM November 26[th] 2019

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Disclaimer Important Notice

This presentation has been prepared by PPK Group Limited (“PPK” or the “Company”) based on information available to it as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision.

This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in PPK, nor does it constitute financial product advice or take into account any individual’s investment objectives, taxation situation, financial situation or needs. An investor must not act on the basis of any matter contained in this presentation but must make its own assessment of PPK and conduct its own investigations. Before making an investment decision, investors should consider the appropriateness of the information having regard to their own objectives, taxation situation, financial situation or needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. PPK is not licensed to provide financial product advice in respect of its securities or any other financial products. Cooling off rights do not apply to the acquisition of PPK securities.

Although reasonable care has been taken to ensure that the facts stated in this presentation are accurate and that the opinions expressed are fair and reasonable, no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of PPK, its directors, officers, employees and agents, nor any other person, accepts any responsibility and liability for the content of this presentation including, without limitation, any liability arising from fault or negligence, for any loss arising from the use of or reliance on any of the information contained in this presentation or otherwise arising in connection with it.

The information presented in this presentation is subject to change without notice and PPK does not have any responsibility or obligation to inform you of any matter arising or coming to their notice, after the date of this presentation, which may affect any matter referred to in this presentation.

The distribution of this presentation may be restricted by law and you should observe any such restrictions.

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PPK AGM November 26[th] 2019

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Disclaimer Important Notice

Forward looking statements

This presentation may contain certain forward looking statements that are based on the Company’s managements’ beliefs, assumptions and expectations and on information currently available to management. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results or performance of PPK to be materially different from the results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding the Company’s presents and future business strategies and the political and economic environment in which PPK will operate in the future, which are subject to change without notice. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecasts.

No Representations or Warranties

To the maximum extent permitted by law, PPK and its directors, officers, employees, advisers, agents and intermediaries accept no responsibility or liability for the contents of this Presentation and make no recommendation or warranties, express or implied, concerning PPK or any investment in PPK. No representation or warranty, express or implied, is made by any person as to the fairness, accuracy, reliability, adequacy, validity, correctness or completeness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, PPK and its directors, officers, employees, advisers, agents and intermediaries 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 this Presentation or its contents or otherwise arising in connection with it.

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PPK AGM November 26[th] 2019

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PPK Group Limited

HEAD OFFICE

Level 27, 10 Eagle Street, Brisbane QLD 4000, Australia +61 (0) 7 3054 4500

info@ppkgroup.com.au www.ppkgroup.com.au

TECHNOLOGY COMPANIES BNNT Technology Limited

Level 27, 10 Eagle Street, Brisbane QLD 4000, Australia +61 (0) 7 3054 4500 office@bnnt.com.au

Craig International Ballistics Pty Ltd

Level 27, 10 Eagle Street, Brisbane QLD 4000, Australia +61 (0) 7 3054 4500 info@ballistics.com.au

PPK MINING EQUIPMENT

Tomago Facility

13B Old Punt Road, Tomago NSW 2310, Australia +61 (0) 2 4964 5400 info.equipment@ppkgroup.com.au

Port Kembla Facility

Lot 1 / 201 Old Port Road, Port Kembla NSW 2505, Australia Telephone: +61 (0) 2 4207 3000

Mt Thorley Facility (PPK Firefly and Rambor) 25 Thrift Close, Mount Thorley NSW 2330, Australia +61 (0) 2 6574 6500 info.firefly@ppkgroup.com.au info.rambor@ppkgroup.com.au

Li-S Energy Pty Ltd Level 27, 10 Eagle Street, Brisbane QLD 4000, Australia +61 (0) 7 3054 4500

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PPK AGM November 26[th] 2019