Odyssey Marine Exploration (OMEX) Emerging Growth Conference 88 summary

Sector outlook and market drivers

• Entering a meteoric growth phase driven by surging global demand for critical minerals and government efforts to secure responsible supply chains, with China currently dominating supply.

• Few public companies offer exposure to this sector, positioning Odyssey as a unique investment opportunity.

• Over 30 years of deep ocean experience and regulatory navigation underpin project execution.

Recent project milestones and advancements

• Deployed two Autonomous Benthic Mini Landers in the Cook Islands at 5,500 meters to gather environmental data critical for government extraction decisions.

• Launched a BOEM application for a Mid-Atlantic project, adding rare earth elements, titanium, and zirconium to the portfolio.

• Converted over $20 million of debt to equity, fully extinguishing promissory notes and improving the balance sheet.

• Achieved a legal victory in Mexico, restoring concessions for the phosphate project, now on the U.S. critical minerals list.

Project portfolio and value progression

• Mid-Atlantic project leverages existing dredging technology, with a first-mover advantage and a partnership with Great Lakes Dredge & Dock.

• Cook Islands projects (OML and CIC) are halfway up the value curve, with OML valued at $4.7 billion NPV and CIC's value estimated based on OML's resource.

• Mexican phosphate project (PhogsagMex) is closest to production, requiring one environmental permit to unlock its $1.3 billion NPV; 35% ownership.

• Total potential asset value ranges from $700 million to $1.4 billion, far exceeding current market cap.