IBU-tec advanced materials (IBU) Status Update summary

Strategic partnership and contract expansion

• Signed a Joint Development Agreement and long-term supply contract for European LFP cathode material, with annual volumes in the mid- to high double-digit million-euro range.

• The agreement includes milestone payments to be made over up to three years, totaling a mid-double-digit million-euro amount.

• PowerCo secures the entire output of the new LFP production facility for at least ten years.

Production capacity and facility expansion

• Production capacity for battery materials will be increased approximately fivefold through a new facility at the Bitterfeld site.

• Construction of the new facility begins this year, with completion and production start scheduled by 2028 at the latest.

• Financing for the expansion is already fully secured.

Financial and growth outlook

• Expected annual sales revenues from the long-term agreement are in the mid- to high double-digit million-euro range from 2028 onwards.

• Significant increases in annual sales and earnings are anticipated from 2028, driven by the expanded battery business.