SCIDEV LTD — AGM Information 2021

Nov 24, 2021

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SciDev Limited Annual General Meeting 25th November 2021

9.00AM AEDT

THURSDAY, 25 NOVEMBER 2021

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hroberts@scidev.com.au
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SCIDEV | INVESTOR PRESENTATION

Raising questions online

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For shareholders that would like to ask a question please ‘raise your hand’ via the Zoom function. How to raise your hand via ZOOM:

• Click Raise Hand in the ZOOM controls.

• The host will be notified that you've raised your hand.

• When the host allows you to talk, you may be prompted to unmute yourself.

• Click Raise Hand in the webinar controls to lower it, if needed. This will not mute yourself if you are unmuted.

• Please note for:

• Windows: You can also use the Alt+Y keyboard shortcut to raise or lower your hand.

• Mac: You can also use the Option+Y keyboard shortcut to raise or lower your hand.

• IPad: Find the ZOOM toolbar at the top right of the screen; select the More option; that will display the option to raise and lower your hand.

• Dialing in from a phone for an “audio only” connection: Press *9 to raise your hand.

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SCIDEV | INVESTOR PRESENTATION

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SciDev Limited Annual General Meeting 25th November 2021 Managing Director & CEO’s Address

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SciDev is a leader in the environmental solutions market focused on water intensive industries. Our solutions allow our clients to:

Recycle and reuse water

Reduce waste footprints and costs

Improve operational efficiencies

Our unique solutions provide:

The only commercialised, sustainable approach to tackle the global PFAS problem

Environmentally better outcomes for our clients when dealing with liquid wastes in the Mining, Construction and Oil & Gas verticals

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SCIDEV | INVESTOR PRESENTATION

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S C IDEV BOA RD

EXEC UTIVE MANAG EMENT TEAM

SciDev Snapshot

Corporate overview
ASX code	SDV
Market cap (at $0.61 per share)	$112m
Shares on issue	187m
Cash at bank	$5.5m1

Major shareholders2	% held
Nuoer Group	6%
Board and Management	8%
Institutional	25%
Retail	61%

Vaughan Busby Lewis Utting NON-EXECUTIVE CHIEF EXECUTIVE CHAIR OFFICER & MANAGING DIRECTOR

Simone Watt Jon Gourlay NON-EXECUTIVE NON-EXECUTIVE DIRECTOR DIRECTOR

Geoff Stephenson Craig McCloskey Kevin Smith Interim CFO INTEGRATION PRESIDENT DIRECTOR NORTH AMERICA

Jamiel Muhor Jeffrey Zhiang Ben Gill BUSINESS MARKETING & TECHNICAL DEVELOPMENT STRATEGY DIRECTOR DIRECTOR

Nuoer Group: Leading chemical company. SciDev has exclusive marketing rights in Oceania and support globally for key target end users and industries

• 1) As at 30 September 2021. $18M raised in Nov 2021 and $2m SPP underway.

• 2) As at 21 April 2021

Dan O’Toole

Heath Roberts

COMPANY NON-EXECUTIVE SECRETARY DIRECTOR

Sean Halpin Jake Reardon COMMERCIAL TECHNICAL DIRECTOR DIRECTOR

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Jake Reardon
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SCIDEV | INVESTOR PRESENTATION

A focused yet rapidly growing company

SciDev continues to generate its growth through targeted business development and strategic acquisitions.

Net o ~~perating~~ profit with a 24% gross profit margin

Revenue up 135% vs FY20, with strong organic growth

Customers with limited churn and strong long term relations

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+18%
80 vs FY20
+119%
70
vs FY20
60 +135%
50 vs FY20
40
+209%
30 vs FY20
20
10
0
Revenue Customers Employees Organic Growth
FY19 FY20 FY21
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SCIDEV | INVESTOR PRESENTATION

Strategy Overview

Our Purpose

• “real science for a cleaner environment”

Our Vision

“working together to preserve our natural resources and meet the demands of a changing world”

Our Mission

“provide practical solutions to improve environmental outcomes”

How we will execute

1 Deliver client and shareholder value through supply chain integration 2 Lead the development and application of technology 3 Attract, develop and retain the best talent 4 Partner as the end to end Solution Provider

Our Growth Initiatives

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||||
|---|---|---|
|Expand|Explore adjacent|Charge per|
|manufacture|growth|tonne of waste|
|base|opportunities|
|Target key|Grow in key|Fix big|
|countries for|target markets|environmental|
|expansion|problems|
|Leverage our|Expand our|Partner growth|
|strength|capabilities|
|8|

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Investing in our production facilities and technology development

• SciDev secures its unique chemistry supply from a range of inhouse and third-party production facilities across Australia, China and the USA

• Our Australian facility, based in NSW, accounts for approximately 20% of our requirements versus the domestic Australia market accounting for approximately 50% of revenue

• We are seeing growing domestic demand for our chemistry especially among the Mining and water vertical

• Demand is also growing in the USA for SciDev chemistry across Oilfield and Construction with global shipping rates making local USA production more attractive

• Expanding our Australian production facilities, helps secure our supply chain and improve margins on domestic Australian sales, providing more flexibility on product mix

• The expansion of our Australian facilities will also expand our laboratory capabilities and provides the opportunity for our highly skilled team to expand our knowledge of and development of new solutions including plant and bio-based chemistries

• The future possible utilisation of plant and bio-based polymers will further establish our leading position in the environmental solutions market and allow our customers to reduce their carbon footprint and reduce their demand on petro chemicals

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SCIDEV | INVESTOR PRESENTATION

SciDev is committed to our people, environment and our communities

Our People

We are committed to providing a safe, inclusive environment to help get the best out of our people and attract talent

• Strong focus on safety with 0 LTIFR recorded in FY21

• Progressing towards greater gender diversity with over 25% of our workforce female

• Regeneration of the board through 2021 reflects commitment to maintaining highest levels of governance and excellence

The Environment

Our environmental solutions help our clients reduce their waste footprints and costs

• We reduce the volume of waste water from our clients operations

• Our industry leading PFAS solutions remove 99.999% of contaminants

• We are progressing the development of plant -based polymers to provide an alternate to petrochemical based chemistries

Communities

We recognise the importance of supporting community groups in the areas we operate

• Initiative to support disadvantaged students through the Schools Plus program.

• SciDev has so far pledged $60,000 in support of the cause which will underpin the Schools Plus ‘Two Ways Science’ project

• The project helps support remote Indigenous schools and communities develop and implement an integrated learning program.

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SCIDEV | INVESTOR PRESENTATION

OUR NEAR TERM STRATEGIC PILLARS

Outlook

SciDev delivers positive operational and environmental outcomes for our clients

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||||
|---|---|---|
|Expand manufacturing|Focus on key targets|Leverage our strengths|
|Improved margins|countries we understand|inhouse technology|
|value to customers|big problems we can solve|best in class team|

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DELIVERING FOR OUR CLIENTS
Increased Delivering best
Reduced Improved water return Reduced liquid in class
operating costs environment and water waste technology
by >20% performance quality volumes application
DELIVERING FOR OUR SHAREHOLDERS
Strengthen ou r
Expand our Increase
position as a
Increasing domestic operating
leading
Focus on the sales and cash inhouse margins
provider in the
health and conversion in development through value environmental
safety of all our all regions and and production chain solutions
employees verticals capabilities integration market 11
25/11/2021
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SCIDEV | INVESTOR PRESENTATION

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Outlook
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SCIDEV | INVESTOR PRESENTATION

SciDev in action

Industry leader in solid—liquid separation

Maximise performance of mineral process systems

Reduce waste water in oilfield drilling

Maximise the efficiency of Tunnel Boring

Industry leading PFAS treatment

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>80% >150hrs 12 of our staff are of research per client new solutions tertiary educated as to develop a bespoke developed and scientists, engineers, chemistry solution to commercialised by and chemists meet their specific SciDev since 2019 requirements >99.999% 1000 10mt

10mt

amount of PFAS our technology removes. Over 100x greater than our competitors

mega litres of water treated in FY21 generating less than 150 tonnes of waste

of dry tailings process in FY22 preventing >200 million litres of water passing in to tailings dams

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SCIDEV | INVESTOR PRESENTATION

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Mining & Mineral Infrastructure Oil & Gas Water Treatment Processing & Construction SciDev SciDev is an industry Engineered Reduce costs and Leading environmental Solutions leader in solids-liquid performance solutions operational downtime solution provider of separation in the to recycle, reuse and in the infrastructure BOO, D&C water mining and mineral minimise oilfield water and construction treatment plants for processing sector. waste. sectors. nutrient, heavy metal and organic pollutant removal US $2bn US $2bn US $1bn US $6bn Addressable Market Global mineral Specialty and Infrastructure PFAS, municipal and processing chemistry production chemical and construction industrial water market. market in US dewatering chemistry treatment market. oil and gas industry. market. FY21 A$15m A$15m A$7m A$5m Revenue[1]

1. FY21 included contribution from SciDev Water Services Pty Ltd, the acquirer of the Haldon business. Contribution from SciDev Water Services was recognised from 12 May 2021 to end of the financial year

SCIDEV | INVESTOR PRESENTATION

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Case Study Mineral Sands

SciDev chemistry is used to improve operational efficiency in processing mineral sands tailings

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The Problem
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Process water had high salinity levels slowing processing time and efficiency of the operation

Conventional flocculants don’t work optimally in saline water limiting performance and increasing cost

Substantial variation in feed from the variable ore body further complicated the challenges

SciDev solved these problems by designing bespoke chemistry and applying our professional expertise

Audit of the flocculant delivery system

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We developed
the MaxiFlox®
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Our recommendation on the flocculant delivery system increased system capacity by 25% without using chemicals

SciDev designed the MaxiFlox[(P) ] 550R to operate in the high saline environment

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high saline
water
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Our team continued to monitor the performance and recognised the use of an alkaline solution would reduce dosage requirements, further reducing the cost to the client

RESULTS

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30% reduction Increased
in chemistry Improved Reduced water return
dosage, operational tailings and water
lowering costs run time volumes quality
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SCIDEV | INVESTOR PRESENTATION

Case Study PFAS

Most mines in Australia would have low volume, but highly concentrated PFAS hotspots

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The Problem
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First and only plant in the country treating to this low level detection on a continuous basis with no discharge exceedance

Onsite and lab analysis to determine optimal process flow and treatment strategies

High relative concentration of the less regulated carboxylic acids which are typically harder to remove

AIX part of the process tailored specifically for the efficient removal of this particular group of compounds

Fully remote monitored and operated system

Treated over 200ML of contaminated water

Contamination of surface water

Stringent discharge limits

Existing within a drinking water catchment area

RESULTS

	PFOS	PFOA	Total PFAS
Raw Water – pre treatment	0.002 µg/L	0.002 µg/L	~0.570 µg/L
Post Treatment	<0.0002 µg/L	<0.0002 µg/L	<0.0002 µg/L

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SCIDEV | INVESTOR PRESENTATION

Important Information

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SCIDEV | INVESTOR PRESENTATION

Contact

C EO & MD

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Lewis Utting

(+61) 2 9622 5185

INVESTOR RELATIONS

www.scidev.com.au

Craig Sainsbury

craig.sainsbury@marketeye.com.au 0428 550 499

Proxy results

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SCIDEV | INVESTOR PRESENTATION