Altech Batteries (ATC) investor relations material

Executive summary

• Achieved major milestones in CERENERGYⓇ and Silumina AnodesTM battery projects, including prototype advancements and strategic acquisitions.

• Secured preliminary €46.7M German government grant approval for CERENERGYⓇ project, pending final budget approval.

• Acquired additional 18.75% of CERENERGYⓇ and 25% of Silumina AnodesTM, now holding 75% and 100% interests, respectively.

• Raised $6M via placement and drew down €2M in bearer bonds to support project development.

• Discontinued partnership with AMPower as part of a strategic reset.

Financial highlights

• Operating loss after tax for the half-year was $8.49M, an improvement from $10.07M loss in the prior year.

• Basic loss per share was 0.5 cents, compared to 0.6 cents in the previous period.

• Working capital at 31 December 2025 was negative $4.43M, down from negative $0.85M at 30 June 2025.

• Cash and cash equivalents increased to $2.40M from $0.45M at 30 June 2025.

• Total assets decreased to $33.86M from $36.89M, while total liabilities fell to $8.22M from $16.45M.

Outlook and guidance

• Actively seeking a 49% strategic partner to close project equity for CERENERGYⓇ.

• Project finance sourcing and 90kWh battery prototype completion are key near-term priorities.

• Ongoing efforts to commercialize Silumina AnodesTM, with major battery producer collaboration underway.