Sparc Ultra Green Hydrogen Presentation

Sparc Ultra-Green Hydrogen

November 2021

ASX: SPN

Transformational Technology for Global Industries

Disclaimer

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This document may contain forward-looking statements with respect to the financial condition, results of operations, and business strategy of SPN. These forward-looking statements are based on estimates, projections and assumptions made by SPN about circumstances and events that have not yet taken place. Although SPN believes the forward-looking statements to be reasonable, they are not certain. Forward- looking statements involve known and unknown risks, uncertainties and other factors that are in some cases beyond SPN's control, and which may cause actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements (and from past results). SPN makes no representation or warranty as to the accuracy of any forward-looking statements in this presentation and undue reliance should not be placed upon such statements. Forward-looking statements may be identified by words such as "aim", "anticipate", "assume", "continue", "could", "estimate", "expect", "intend", "may", "plan", "predict", "should", "will", or "would" or the negative of such terms or other similar expressions that are predictions of or otherwise indicate future events or trends. The forward-looking statements included in this presentation speak only as of the date of this presentation. SPN does not intend to update the forward-looking statements in this presentation in the future. Certain statistical and other information included in this presentation is sourced from publicly available third-party sources and has not been independently verified.

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The information in this presentation does not constitute personal investment advice. This presentation is not intended to be comprehensive or provide all information required by investors to make an informed decision on any investment in the Company. Specifically, this presentation does not purport to contain all the information that investors and their professional advisers would reasonably require to make an informed assessment of the Company's assets and liabilities, financial position and performance, profits, losses and prospects. In preparing this presentation, the Company, did not take into account the investment objectives, financial situation and particular needs of any particular investor.

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Sparc Ultra-Green Hydrogen

Next Generation technology to transform global hydrogen production

No	No Wind or
Electrolysis	Solar Farms
Required	Required

Globally Disruptive, Ultra-Green Hydrogen technology developed by University of Adelaide and Flinders University.

Ultra-Green Hydrogen produced directly from sunlight and water

Photocatalytic water splitting coupled with solar radiation used to produce hydrogen

Predicted very low CAPEX and OPEX No electrolysis required

Not producing electricity to split water to produce Hydrogen

Overcomes key obstacle of green hydrogen production

Allows for massive energy efficiencies and ultra cost competitive advantage

Potential low-cost alternative to current industry practice of steam methane reforming with vastly lower carbon footprint

Research ongoing to incorporate graphene into the photocatalyst

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Hydrogen Opportunity

Demand for hydrogen expected to grow 5-fold by 20501 as the world transitions to low and zero carbon emissions

Clean hydrogen has the potential to aid the decarbonization of c.45% of global anthropogenic emissions

The hydrogen opportunity lies in decarbonising Australia by replacing fossil fuels with hydrogen alternatives using existing infrastructure

Investment required to reach government production targets and spending projections across the value chain adds up to more than US$300 billion through 20302

Demand for hydrogen from existing 'hard to de-carbonize' sectors including industrial, heating, transportation and power generation industries is expected to be at the forefront of reducing these emissions

Sparc's proprietary, low-costUltra-Green Hydrogen will be ideally suited to capture this rapid hydrogen demand growth

Global Hydrogen Demand

Sources of Demand

	Exisiting Feedstock uses	530

Industrial feedstock

	Building heat and power	62
	Industrial energy
	Transportation	151
	Power Generation

110

						193
								76
		69	96			62
55
								69
2015	2020	2030	2040	2050

1	Hydrogen for Australia's future Prepared by the Australian Hydrogen Strategy Group, US Department of Energy research	4
2	Hydrogen Council - Hydrogen Insights 2021 Report (https://hydrogencouncil.com/wp-content/uploads/2021/02/Hydrogen-Insights-2021-Report.pdf)

What is Conventional Green Hydrogen Energy?

Renewable Electricity	Powers Electrolysis	Creates Renewable
Hydrogen Gas

Conventional green hydrogen technologies use electricity derived from solar and/or wind farms to produce hydrogen using an electrolyser

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