ZEOTECH LIMITED — AGM Information 2022

Nov 27, 2022

==> picture [339 x 58] intentionally omitted <==

==> picture [390 x 110] intentionally omitted <==

Annual General Meeting Presentation

28 November 2022

==> picture [338 x 57] intentionally omitted <==

ASX: ZEO www.zeotech.com.au

Disclaimer

This presentation announcement has been approved in accordance with the Company’s published continuous disclosure policy and has been approved by the Board.

Cautionary statement

This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in that jurisdiction.

The information in this presentation is published to inform you about Zeotech Limited (“Zeotech” or the “Company”) and its activities, based on information available to it as at the date of this presentation. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. All reasonable effort has been made to provide accurate information, but we do not warrant or represent its accuracy and we reserve the right to make changes to it at any time without notice. Hence, no representation is made as to the accuracy, completeness or reliability of the information.

In addition, neither Zeotech 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.

Zeotech gives no warranty or representation as to its future performance or any future matter. Except as required by law or ASX listing rules, Zeotech is not obliged to update this presentation after its release, even if matters change materially.

ASX Listing Rule 5.23

The information in this presentation relating to exploration results for the Toondoon Project is extracted from the ASX release entitled ‘Notice of General Meeting/Proxy Form’ released to the ASX on 28 July 2022 which is available on the Company's website www.zeotech.com.au.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement, and that all material assumptions and technical parameters underpinning the estimates in the original market announcement continue to apply and have not materially changed.

The Company confirms that the form and context in which the competent person's findings are presented have not been materially modified from the original market announcement

2

==> picture [543 x 540] intentionally omitted <==

Our vision is to contribute to a sustainable future by empowering our people to collaborate and innovate , utilising proprietary technology and advanced materials.

3

Corporate snapshot

==> picture [32 x 32] intentionally omitted <==

==> picture [40 x 38] intentionally omitted <==

==> picture [34 x 36] intentionally omitted <==

$58M 1,615M $3.34M $0 $0.036 Shares on issue Cash at bank Debt Current share price (25[th] Nov 2022) (25[th] Nov 2022)

Market capitalisation

Board & Management

Sylvia Tulloch - Non-Executive Chair Peter Zardo - Managing Director Rob Downey - Non-Executive Director Dr. John Vogrin - Project Manager Scott Burkhart - CCO

Technical partners

The University of Queensland Griffith University

Share price and volume

==> picture [589 x 210] intentionally omitted <==

----- Start of picture text -----

0.10 80
0.09
70
0.08
60
0.07
50
0.06
0.05 40
0.04
30
0.03
20
0.02
10
0.01
0.00 0
Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22
Volume Price
Price ($)
Volume (m)
----- End of picture text -----

4

Manufactured Zeolites

Zeolites are high-value adsorbents / catalysts with broad applicability

• Manufactured zeolites are aluminosilicate minerals with a sponge-like structure (framework)

• Zeolites are made up of tiny pores that make them useful as adsorbents, catalysts and ultrafine filters

• Type A zeolites are commonly known as molecular sieves

• Can be designed to selectively adsorb molecules or ions dependent on their unique construction and can be regenerated repeatedly for re-use

• Manufactured zeolites act like a magnet that can hold cations, including heavy metals, ammonia, low level radioactive elements, toxins, petrochemicals, many different types of gases and a multitude of various solutions, offering diverse applications

==> picture [399 x 400] intentionally omitted <==

----- Start of picture text -----

Uniform / porous
framework
Molecular sieve
beads / pellets
----- End of picture text -----

5

Integrated mineral processing technology company

==> picture [884 x 392] intentionally omitted <==

----- Start of picture text -----

Climate Tech Focused Portfolio
Lithium Refinery
Circularity
Slow-release
Carbon Methane
proprietary process fertiliser delivery utilisation emission control
Emerging & soil carbon
Markets
Lithium Process
Linde Type A
By-Product
Zeolite Powder
Feedstock
Kaolin
Existing Est. Global
Markets Market A$2.6bn
Toondoon Direct Shipping
Mining Lease Ore (DSO)
----- End of picture text -----*

*Aranca –Global Analysis 4A Detergent and 3A, 4A and 5A molecular sieves grade Nov 2020 (market data)

6

Technology to advance under parallel work streams

==> picture [873 x 375] intentionally omitted <==

----- Start of picture text -----

AUG SEP OCT NOV DEC
Continuous kaolin pilot runs
Looking ahead to 2023
Project Activity
•
Lithium process by-product to zeolite process advanced by University
Zeolite sample
Trailblazer stage 1 commencing from Feb 2023
production exceeds
•
25 kilograms Kaolin to zeolite process will move in-house to the Company’s recently
refurbished lab facilities at Brisbane Technology Park (BTP)
•
The BTP lab will host a scaled-up pilot and will generate product samples
for large-scale research programs & support marketing activities
Fit out of Zeotech in-house lab facility
at Brisbane Technology Park
Stage 1 of Trailblazer * will include:
•
Process optimisation & de-risking
•
Complete conceptual feasibility study
University Trailblazer project planning
•
Preliminary design criteria developed for a demonstration plant
----- End of picture text -----

• Awaiting formal Trailblazer Grant Program approval

7

Lithium refinery circularity

Proprietary IP to convert lithium process by-product into Type A zeolites

==> picture [58 x 57] intentionally omitted <==

Achievements from 2022

==> picture [41 x 47] intentionally omitted <==

==> picture [58 x 57] intentionally omitted <==

Looking ahead to 2023

• Lithium process by-product (leached spodumene) to zeolite process demonstrated by multiple continuous closed-loop circuits.

• Lead industry partner in the successful Resources Technology & Critical Minerals Processing Trailblazer Grant Program together with UQ and Covalent Lithium

• Pilot program produces more than 4kg of zeolite product from lithium process by-product

• Trailblazer stage 1 to commence from February 2023*

• Further process optimisation and de-risking

• Completion of a conceptual feasibility study

• Preliminary design criteria developed for a demonstration plant

Lithium Process By-Product 8 (image) Dr. John Vogrin

• Awaiting formal Trailblazer Grant Program approval

CO ₂ Utilisation

Hydrogenation of CO ₂ utilising metal-based zeolite catalysts

==> picture [58 x 57] intentionally omitted <==

Achievements from 2022

• Accepted as an industry partner in the ARC Industrial Transformation Training Centre for the Global Hydrogen Economy (“GlobH2E”), led by The University of New South Wales, securing circa $350,000 in ARC grant funding over a 3-year project

• UQ recruitment of a Postdoctoral Research Fellow completed from more than 30 global applicants demonstrating strong interest in carbon utilisation technology

==> picture [41 x 47] intentionally omitted <==

==> picture [58 x 57] intentionally omitted <==

Looking ahead to 2023

• Detailed project planning and development of stage 1 comprising:

• Setting up a continuous flow reactor for CO₂ hydrogenation

• Modifying the manufactured zeolite materials to boost their active sites

• Developing metal-based zeolite catalysts for hydrogenation of CO₂ to value added chemicals

(image) Lithium Process By-Product Carbon Emissions 9 9 Dr. John Vogrin (image) Getty images

Developing Agri-soil Products

Improve fertiliser economics and enhance soil carbon

==> picture [58 x 57] intentionally omitted <==

Achievements from 2022

==> picture [41 x 47] intentionally omitted <==

==> picture [58 x 57] intentionally omitted <==

Looking ahead to 2023

• Commencement of core dual-stream nutrient management and carbon markets program at Griffith University

• Promising early results from soil carbon and nutrient retention trials. Treatments containing Zeotech products consistently exhibited higher organic matter/carbon content that controls

• Griffith carbon market scoping study finds manufactured zeolites have potential to contribute to GHG mitigation and identified seven opportunities for climate change – leading to methane emission control opportunity

• Nutrient sorption and desorption optimisation and test results

• Results from the carbon incubation trials

• Soil carbon enhancement study and the potential for twinned organic and inorganic carbon sequestration by Zeotech products

• Agronomic nutrient delivery glasshouse validation trials

(image) Lithium Process By-Product Zeotech Zeolite Beads 10 10 Dr. John Vogrin (image) Dr. Chris Pratt

Landfill methane control

Facilitate methane oxidation & contribute to climate change mitigation

==> picture [58 x 57] intentionally omitted <==

Achievements from 2022

==> picture [41 x 47] intentionally omitted <==

==> picture [58 x 57] intentionally omitted <==

Looking ahead to 2023

• Establishing a 12-month multi-stage targeted research program to develop & validate the application of Zeotech products for controlling landfill methane emissions

• Program developed in collaboration with industry partner, Cleanaway, enabling access to active landfill sites for field validation

• Recruitment of Post-doctoral Research Fellow specifically for the program underway

• Research program to commences from February 2023

• Stages 1 & 2 bench-scale studies, with successful outcomes leading to onsite landfill field trials

• The research will provide an opportunity to evaluate the potential for Zeotech products to be applied for methane emission control across diverse industries, such as mining & agriculture

(image) Lithium Process By-Product Zeolite Methane Control Process 11 11 Dr. John Vogrin

Toondoon Kaolin Project

Optimal zeolite feedstock with near-term cashflow potential

==> picture [58 x 57] intentionally omitted <==

Achievements from 2022

==> picture [41 x 47] intentionally omitted <==

==> picture [58 x 57] intentionally omitted <==

Looking ahead to 2023

• Completion of Toondoon Project acquisition

• Early discussions with local third-party mining contractors, transportation and storage providers, with internal study covering proposed mining operations and logistics for FOB and CIF pricing

• Samples sent to separate diversified Indian mineral processing companies for analysis, followed by indicative DSO FOB and CIF pricing issued to Indian prospects Q3, with negotiations continuing

• Traffic impact assessment to facilitate further discussions with NBRC and DTMR.

• Mine planning, pit design, environmental authority and cultural heritage planning

• Engage international marketing agent and develop Asia & European markets

• Expand opportunities within India, utilising TIQ and Indian RM’s network

(image) Lithium Process By-Product Toondoon kaolin 12 12 Dr. John Vogrin

==> picture [45 x 45] intentionally omitted <==

ESG positive company An emerging mineral processing technology company, with a portfolio of exciting projects targeting circularity and sustainability, all utilising advanced materials ‘manufactured zeolites’

Sustainable

proprietary process

Maximising green & sustainable processes for the production of manufactured zeolites = low energy use, reduced production time, high reagent recycling.

Patent-pending technology

The company’s core technology – International Preliminary Examination Authority examiner (Australian Patent Office), expressed a view that all 26 claims in the PCT application are novel and inventive.

==> picture [47 x 45] intentionally omitted <==

Agri-product development Developing slow-release fertiliser inputs to improve efficiency, reduce nutrient pollution and protect/enhance soil carbon levels.

Climate change

technology centric

Portfolio of projects targeting the reduction / mitigation of GHG emissions, including carbon sequestration, methane oxidation and carbon utilisation.

Integration and near-term cashflow

Approved Mining Lease provides exceptionally high-grade raw ore kaolin underpinning low-cost zeolite production and offering accelerated DSO revenue opportunity.

13

==> picture [273 x 77] intentionally omitted <==

THANK YOU

Zeotech Limited

Peter Zardo Managing Director (+61) 7 3181 5523 peter@zeotech.com.au

14