Odyssey Marine Exploration (OMEX) Emerging Growth Conference 85 summary

Industry and policy developments

• Significant U.S. policy shifts and investments have created major opportunities in the seafloor minerals sector, with over $1 billion in proposed federal funding and recent high-profile deals like a $400 million DoD investment in MP Materials.

• The U.S. government signed a cooperative agreement with the Cook Islands for seafloor minerals, and Odyssey is well positioned with investments in two of the three license holders there.

• Odyssey is one of only two U.S.-listed companies offering exposure to this sector, benefiting from both macro trends and regulatory momentum.

• Odyssey's early qualification as a BOEM contractor positions it to capitalize on new U.S. mining rights opportunities.

Company financial and strategic updates

• Over $8 million in new working capital was raised through exercised options and warrants, extending operational funding well into next year.

• More than $9.5 million in debt was converted, reducing outstanding debt by over 53% and signaling strong investor confidence.

• Major project partners have increased their equity stakes, including the partner in the Mexico phosphate project becoming a top shareholder.

• Odyssey maintains a diversified portfolio to mitigate commodity and geopolitical risks, with over 30 years of deep ocean operational experience.

Project highlights and forward outlook

• The PHOSAGMEX phosphate project in Mexico is positioned to address food security in Mexico and the Americas, with significant progress expected after the summer government break.

• Odyssey owns 35% of PHOSAGMEX and has strategic partnerships with major agricultural industry players.

• In the Cook Islands, Odyssey holds stakes in OML (7%) and CIC, with OML recently valued at $4.7 billion and CIC's area being ten times larger.

• Combined, the top three projects are estimated to be worth $700 million to $1.4 billion, a substantial multiple of the current market cap.

• Anticipated news flow includes updates on the Mexico project and ongoing pursuit of U.S. government-backed funding opportunities.