SCIDEV LTD — Investor Presentation 2016

Nov 8, 2016

Investor Presentation

Zulu Room November 2016

Important Information

This presentation has been prepared by Intec Ltd (Intec) based on information available to it as at the date of this presentation. The information is provided in summary form and does not contain all information necessary to make an investment decision. Hence, no representation is made as to the accuracy, completeness or reliability of the information. In addition, neither Intec nor any of its subsidiaries, directors, employees, shareholders nor any other person shall have liability whatsoever to any person for any loss, including without limitation from any fault or negligence arising from this presentation or any information supplied in connection with it.

This presentation may contain forward-looking statements and projections. These reflect Intec's current expectations, based on what it believes to be reasonable assumptions. Intec gives no warranty or representation as to its future financial performance or any future matter. Except as required by law or ASX listing rules, Intec is not obliged to update this presentation after its release, even if matters change materially. This presentation does not constitute financial advice. Further, this presentation is not and should not be construed as an offer to sell or a solicitation of an offer to buy Intec securities and may not be relied upon in connection with any purchase of Intec securities.

• Shares on issue: 299.8 million
• Market Capitalisation: $3.6 million at 1.2cts
• Top 20 Shareholders: 54%
• Management & Board: 15%*
• Cash at 30 September 2016: $0.4 million
• 50% interest in Science Developments Pty Ltd (SciDev)
• Option to acquire the remaining 50% of SciDev expiry 28/2/17
• Other: Intec Process licensing agreement with Intec International Projects 5% royalty on revenue Ownership of Zeehan Slag dump, approximately 430,000 tonnes @ 14% zinc 2.5% net smelter royalty over certain tenements in Hellyer region, Tasmania

* Including SciDev management

• SciDev established in 2001 to commercialise technologies developed in the area of wastewater treatment chemicals.
• Specific focus is the manufacture of cationic coagulants and the supply of specialty flocculants.
• Product range sold under 4 (registered) brands with DairyFlox® and MaxiFlox® being established brands while OptiFlox® and BioFlox® being recent product introductions.

The investment story

• SciDev is a profitable business serving an existing customer base in the dairy, food, quarrying, gold, coal seam gas and waste treatment industries.
• Near term revenue & profit growth will come from the rollout of OptiFlox® Systems (patent pending) in the Australian coal industry:
  • First OptiFlox® System successfully completed 6-month trial at Wilpinjong mine (owned by Peabody Energy, the world's largest non-government coal mining company).
  • Enhanced system to be permanently installed at Wilpinjong in early December and two year contract covering on-going supply of system and chemicals being finalised.
  • Currently undertaking testwork at three other Peabody Energy sites and two other sites operated by major coal industry participants.
  • Objective is installation of further three systems in first half of 2017 and 5-6 for full year
  • Revenue per site estimated at $200,000 to $450,000 (chemical sales and licence fees) dependent upon plant throughput.
  • Exclusive OptiFlox® System manufacturing/customer arrangement agreed with Burkert Fluid Control Systems (German multinational). 5

OptiFlox® System

What is it:	An on-line, real-time, cloud based, automated chemical dosing system for the control ofwater clarity in thickeners, filters etc.
What it does:	Constantly measures in real-time five characteristics of the slurry feed in order to

• generate output from a SciDev developed algorithm (ALG). If the ALG output breaches a pre-determined set point, chemical dosing commences to lower the ALG below the set point thus maintaining required water clarity for re-use.
• Why have we developed it: In order to provide productivity benefits to the coal industry; for example, the value of lost revenue due to productivity loses from inadequate wastewater clarification in coal preparation plants is estimated to range from $1.6M to almost $10M per annum depending on plant throughput and coal prices.

Control of water clarity is also an acknowledged problem in:

• sewage plants;
• dairy processing plants; and
• certain types of quarries etc. 6

OptiFlox® Mark-2 System designed based on results of Wilpinjong six-month trial

• smaller foot print and enhanced operating and reporting capabilities
• first system being manufactured; completion mid-November and installed Wilpinjong early December

Strategy for Revenue & Profit growth

Near term growth opportunity

• Rollout of OptiFlox® System in Australian Coal Industry
  • Market Size: 68 coal washing plants in Australia
  • Target market penetration: 20 installed OptiFlox® Systems over next 3 years
  • Revenue opportunity: $200,000 to $450,000 per site dependent on plant throughput

Medium term growth opportunity

• International licensing arrangements; coal related USA, South Africa & Canada
• Expansion into other industries: sewage, dairy etc.

Market Opportunity in Coal Washing Plants *

Country	<5 mtpa	5-10 mtpa	10-15 mtpa	>15 mtpa	Total
Australia	30	26	11	1	68
Canada	10	4	-	-	14
China	1,390	500	100	10	2,000+
Poland	16	19	4	-	39
India	53	5	2		60
Russia	-	-	-	-	56
South Africa	30	30	-	-	60
Turkey	40	10	-	-	50
USA	144	75	30	20	269

* Source: 2016 International Coal Preparation Congress. Not all countries listed.

Other Activities

Licensing agreement with Intec International Projects (IIP)

• 5% royalty on revenue generated by IIP in relation to Intec Process applications.
• IIP recently completed pilot plant program in Malaysia for Monument Mining Ltd.
• dependent upon milestone achievements, Monument will issue $C3.5 million share value to IIP to which royalty will apply.

Zeehan Slag Dump:

~ approximately 430,000 tonnes at 14% Zn. Realisation strategies currently being investigated.

Hellyer Royalty

• Future value dependent upon exploitation of existing resources and exploration success.