SCIDEV LTD — Investor Presentation 2021

Sep 20, 2021

Investor Presentation

Commercialised PFAS Solutions

Lewis Utting

MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER

Making Water Work Harder

SciDev brings together worldclass technology, chemistry and application expertise to solve pressing operational and environmental issues for the water, oil and gas, mining and construction markets

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

Our Business

SciDev target four global key verticals

Mining & Mineral Processing

Oil & Gas

Infrastructure & Construction

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 Solutions

Addressable

Market

FY21

Global mineral processing chemistry market.

Mining & Mineral Processing Oil & Gas Infrastructure

SciDev is an industry leader in solids-liquid separation in the mining and mineral processing sector.

US $2bn

Engineered performance solutions to recycle, reuse and minimise oilfield water waste.

US $2bn

Specialty and production chemical market in US oil and gas industry.

Revenue1 A$15m A$15m A$7m A$5m

& Construction Water Treatment

Reduce costs and operational downtime in the infrastructure and construction sectors.

US $1bn

Infrastructure and construction dewatering chemistry market.

Leading environmental solution provider of BOO, D&C water treatment plants for nutrient, heavy metal and organic pollutant removal

US $6bn

PFAS, municipal and industrial water treatment market.

Bespoke solutions are our competitive advantage

Our unique combination of world-class technology, chemistry and application expertise enables us to deliver site-specific solutions to deliver better outcomes for our clients

60 PEOPLE

>80%

of our staff are tertiary educated as scientists, engineers, chemists, greatly aiding our business dev elopment process

RESREARCH

>150hrs

of research per client to dev elop a bespok e chemistry solution to meet their specific requirements

SOLUTIONS

12

new solutions dev eloped and commerciali s ed by S ciD ev to specifical ly address a clients unique env ironmental problem

EFFICIENCY

>20%

operational efficiency generated by our offer when we are the prov ider of serv ices, technology and chemistry

COST SAVING

>20%

sav ing on a clients cost base by using S ciD ev chemistry and professional solutions when assessing the total cost of ownership ( TOC)

21/09/2021

The market opportunity & competitive landscape

SciDev is focused on delivering environmental solutions for water intensive industries which is a US$11 billion sector within the broader US$100bn global commodity chemistry market.

SciDev has significant opportunity for growth. Our current operational footprint is as follows:

THE COMPETITION

SCIDEV | INVESTOR PRESENTATION

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

8

PFAS

9

PFAS: a growing environmental issue

• Per and Polyfluoroalkyl substances (PFAS) are a family of man made chemicals in use since 1950's many of which are now banned
• Primarily found in non-stick cookware, food packaging, fabric, furniture and firefighting foams
• Ability of PFAS to remain intact in the environment results in increasing levels of contamination
• PFAS contaminated soil presents major excavation and soil management challenges in large scale construction and infrastructure projects
• Sites of PFAS contaminated soil include airports, defense bases, mines, fire & rescue stations and other hazard facilities
• Regulation is now driving the requirement for treatment solutions

Over 580 sites around Australia have been identified to potentially contain PFAS.

SciDev solutions & technology can

deliver solutions well below the detection levels in Australia

Location	ug/L
SciDev process detectionlimit	<0.0002
Reuse Soil	0.001
Drinking Water	0.07
Unlined landfill	0.07
Recreational Water	2.0
Fire Station (example)	600

10

THE PFAS SOLUTION

SciDev has the only commercialised, sustainable approach to tackle the global PFAS problem

SciDev has been awarded EPA licenses for the mobile treatment of PFAS

Our PFAS solutions are active on sites across Australia

PFAS Treatment

• Every PFAS project is different and requires a tailored approach . This drives efficiency .
• Historically, the detection & measuring of PFAS in the environment lacked detailed accuracy at low residual levels .
• Recent technology has seen detection sensitivity increase, driving greater regulations on PFAS concentration limits .
• SciDev Water designs and develops robust PFAS treatment strategies considering all variables and outcomes .
• Removal rates being achieved with our clients are currently the most efficient in the country reducing residual levels below existing detection limits .
• Significant ability for SciDev to deliver a full treatment solution to major infrastructure and construction projects on their water treatment and PFAS remediation requirements .
• SciDev Water has been successful in creating a profitable business in the growing market for treating PFAS with internally developed IP .

The treatment Sequence

SciDev's PFAS technology works better with water with low solid levels

SciDev's Maxiflox Chemistry separates the solid matter and provides a clean feed liquid to the process

SciDev's PFAS technology removes residual pollutants such as heavy metals or organic compounds from the liquid

PRE-TREATMENT

• Coagulation
• Flocculation
• pH adjustment
• Oxidation
• Pre treatment typically employs existing oxidation and sedimentation techniques with a flow sheet specifically designed for the particular application
• Important to get the pretreatment stage right to maximise efficiency of downstream PFAS removal stages and minimise waste generation

TREATMENT

• Filtration

• Ion Exchange

• Adsorption

• PFAS removal stages are tailored to suit the application

• Differing PFAS molecular makeup call for the use of different AIX/adsorption medias to deliver the project outcomes

• Interplant sampling is very important to ensure efficacy can be monitored and theoretical/practical loading capacities and leakages can be compared

POST TREATMENT

• Discharge to environment

• Dust suppression

• Irrigation

• Reuse of water: Water from the process can be reused in areas such as irrigation and dust suppression reducing the environmental footprint of the process

• Reduced cost: Less waste volume reduces the disposal cost of the contaminant

• Less Waste: SciDev's technology produce 99% less liquid waste vs peer processes

Initial waste volume equates to 8 Olympic sized pools

Competitors technology reduces waste to 9 B-double trucks

SCIDEV | INVESTOR PRESENTATION 12 SciDev technology reduces the volume into just 2 hot tubs of waste

Case Study Mining Site

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

The Problem

Contamination of surface water

Existing within a drinking water catchment area

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

Stringent discharge limits		RESULTS
		PFOS	PFOA	Total PFAS
Existing within a drinking water catchment area	Raw Water –pretreatment	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

21/09/2021

Case Study Fiskville Fire Station

SciDev's PFAS treatment strategies are the most efficient in the country reducing residual levels below existing detection limits

The Problem

Firefighting site with high PFAS concentration in surface, ground and firefighting water

SciDev applied our robust PFAS treatment strategies and technical knowledge to address the high contamination on site

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

SciDev PFAS

produces 99%

peer processes

less waste versus

treatment

• Pre-treatment of contaminant material to minimise waste generation downstream and increase PFAS removal efficiency
• Specifically designed ion exchange and adsorption process flow for site requirements
• Unique process flow allowed waste categorisation into 3 defined streams:
  • Immobilised cake for cheap landfill
  • Less contaminated media
  • Highly loaded lead beds for incineration
• Separation of waste products reduced liquid disposal costs by over 60%

High contamination levels		RESULTS
		PFOS	PFOA	Total PFAS
Creek discharge near site with water being used in primaryindustries such as irrigation and stock watering	Raw Water –pretreatment	~280 µg/L	~95 µg/L	~600 µg/L
	Post Treatment	<0.002 µg/L	<0.002 µg/L	<0.002 µg/L

CA S E S T U D Y

Outlook

Outlook

SciDev delivers positive operational and environmental outcomes for our clients

SCIDEV | INVESTOR PRESENTATION 16

21/09/2021

The Appendix

SCIDEV | INVESTOR PRESENTATION 17

T H E I N F O Y O U M I G H T N E E D

SciDev Snapshot

Corporate overview
ASX code	SDV
Market cap (at $0.94 per share)	$149m
Shares on issue	159m
Cash at bank	$7.0m1
Working Capital Facilities	$6.8m2

Major shareholders3	% held
Nuoer Group	6%
Board and Management	8%
Institutional	25%
Retail	61%

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 June 2021

2. Drawn $0.3m at 30 June 2021

3. As at 21 April 2021

Lewis Utting DIRECTOR

Simone Watt NON-EXECUTIV E DIRECTOR

Jon Gourlay NON-EXECUTIV E DIRECTOR

Dan O'Toole NON-EXECUTIV E DIRECTOR

Heath Roberts COMPANY SECRETARY

CHIEF EXECUTIVE OFFICER & MANAGING

SCIDEV | INVESTOR PRESENTATION 18

S C I D E V B O A R D E X E C U T I V E M A N A G E M E N T T E A M

Jamiel Muhor BUSINESS DEVELOPMENT

Jeffrey Zhiang MARKETING & STRATEGY DIRECTOR

Craig McCloskey INTEGRATION DIRECTOR

COMMERCIAL DIRECTOR

Jake Reardon TECHNICAL DIRECTOR

Kevin Smith PRESIDENT NORTH AMERICA

Geoff Stephenson Interim CFO

Record Profit

A$000	FY211	FY20	% CHANGE
Revenue	42,525	18,061	135%
Other Income	1,712	588	191%
Raw Materials, Consumables, Change in Inventory	-32,366	-14,955	116%
Employee expenses	-6,254	-2,845	120%
Other Expenses	-4,811	-3,125	54%
Profit (loss) after Tax	3,453	-875	495%
Cash and cash equivalents	7,010	4,481	56%

Disclaimer

Important Information

This presentation has been prepared by SciDev Ltd (SciDev) 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 SciDev 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 SciDev's current expectations, based on what it believes to be reasonable assumptions.

SciDev gives no warranty or representation as to its future financial performance or any future matter. Except as required by law or ASX listing rules, SciDev 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 SciDev securities and may not be relied upon in connection with any purchase of SciDev securities.

Contact

www.scidev.com.au

C E O & M D

Lewis Utting

(+61) 2 9622 5185

I N V E S T O R R E L A T I O N S

Craig Sainsbury

craig.sainsbury@marketeye.com.au

0428 550 499