Slides
Page 1
SCALING MISSION - CRITICAL MANUFACTURING AND SUSTAINMENT FOR DEFENSE, AEROSPACE, MARITIME, AND ENERGY AGM Presentation 28 September 2026 Titomic: Manufacturing & Sustainment at Speed
Page 2
Important Notice and Disclaimer The following important notice and disclaimer applies to this investor presentation and you are therefore advised to read this carefully before making any use of this presentation or any information contained in this presentation. This presentation has been prepared by Titomic Limited ACN 602 793 644 (Titomic or the Company) to provide summary information about Titomic and their activities as at the date of this presentation. The information in this presentation is of a general nature and does not purport to be complete and may change without notice. This presentation is not a recommendation to buy Shares and undue reliance should not be placed on the information or opinions contained in this presentation for investment purposes as it does not consider your investment objectives, financial position or needs. These factors should be considered, with professional advice, when deciding if an investment is appropriate. Forward-Looking Statements This presentation includes forward-looking statements that reflect Titomic’s intentions, beliefs, targets, aspirations or current expectations concerning, among other things, Titomic’s results of operations, financial condition, liquidity, revenue growth, performance, prospects, growth, strategies and the industry in which Titomic operates. These forward- looking statements are subject to risks, uncertainties and assumptions and other factors, many of which are beyond the control of Titomic. Titomic cautions you that forward-looking statements are not guarantees of future performance and that its actual results of operations, financial condition, liquidity, performance, prospects, growth or opportunities and the development of the industry in which Titomic operates may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, Titomic does not guarantee any rate of return or the performance of Titomic nor does it guarantee the repayment or maintenance of capital or any particular- tax treatment. In particular, Titomic does not make any representation that it will achieve its targeted revenue growth outlined in this presentation and notes that the illustrative revenue profiles are intended to demonstrate the potential way that the Company could achieve revenue growth and are not representations or forecasts of that growth. Investors should note that past performance may not be indicative of results of developments in the future periods and cannot be relied upon as an indicator of (and provides no guidance as to) Titomic’s future performance. Titomic, its related bodies corporate and each of their respective directors, officers and employees expressly disclaim any obligation or undertaking to review, update or release any update of or revisions to any forward-looking statements in this presentation or any change in Titomic’s expectations or any change in events, conditions or circumstances on which these forward-looking statements are based, except as required by applicable law or regulation. Subject to any continuing obligation under applicable law or any relevant listing rules of the ASX, Titomic disclaims any obligation to disclose any updates or revisions to any forward-looking statements in these materials to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any statement is based. Nothing in these materials shall under any circumstances create an implication that there has been no change in the affairs of Titomic since the date of this presentation. Summary information This presentation contains summary information about Titomic and its activities, which is current as at the date of this presentation. The information included in this presentation is of a general nature and does not purport to be complete nor does it contain all the information which a prospective investor should consider when making an investment decision. Each recipient of this presentation should make its own enquiries and investigations regarding all information in this presentation including but not limited to the assumptions, uncertainties and contingencies which may affect further operations at Titomic and the impact that different future outcomes may have on Titomic. This presentation has been prepared without taking account of any person’s investment objectives, financial situation or needs. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, make their own assessment of the information and seek legal, financial, accounting and taxation advice appropriate to their jurisdiction in relation to the information and any action taken on the basis of the information. The information included in this presentation has been provided to you solely for your information and background and is subject to updating, completion, revision and amendment and such information may change materially. Unless required by applicable law or regulation, no person (including Titomic,) is under any obligation to update or keep current the information contained in this presentation and any opinions expressed in relation thereto are subject to change without notice. No representation or warranty, express or implied, is made as to the fairness, currency, accuracy, reasonableness or completeness of the information contained herein. Neither Titomic nor any other person accepts any liability and Titomic, its related bodies corporate and their respective directors, officers and employees, to the maximum extent permitted by law, expressly disclaim all liabilities for any loss howsoever arising, directly or indirectly, from this presentation or its contents. The distribution of this presentation in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions. Any failure to comply with those restrictions may constitute a violation of applicable securities laws. Investment risk An investment in Titomic is subject to investment risks and other known and unknown risks, some of which are beyond the control of Titomic, including possible loss of income and principal invested. Titomic does not guarantee any particular rate of return or the performance of Titomic, nor does it guarantee the repayment of capital from Titomic or any particular tax treatment. Market data Certain market and industry data used in this presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Neither Titomic nor its representatives or its advisers have independently verified any market or industry data provided by third parties or industry or general publications. General In this Presentation references to ‘Titomic, ‘Titomic Group’, ‘the Group’, ‘we’, ‘us’ and ‘our’ are to Titomic Group and (where applicable) its controlled subsidiaries and entities. All dollar values are in Australian dollars (A$) unless noted. A number of figures, amounts, percentages, estimates, calculations of value and fractions in this presentation are subject to the effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this presentation. Disclaimer
Page 3
How to vote • When the poll is open, select the vote icon at the top of the screen • To vote, select either For, Against or Abstain • You will see a vote confirmation • To change or cancel your vote “click here to change your vote” at any time until the poll is closed
Page 4
How to ask a question • To ask a written question, select the Q & A icon • Select the topic your question relates to from the drop-down list • Type your question in the text box and press the send button • To ask a verbal question follow the instructions below the broadcast window.
Page 5
CEO & MANAGING DIRECTOR’S PRESENTATION Mr Jim Simpson
Page 6
ENERGY Qualification generating DEFENSE Revenue & qualification generating AEROSPACE Revenue & capacity generating GOVERNMENT Qualification milestones Major Oil & Gas/Energy: TKF 523 leased and tested, TKF 623 leased and ongoing testing into 2Q2026 Equinor / Aibel / EFFEE: oil rig corrosion and components trials ExxonMobil: successful demonstration 3Q2025 moving into further validation 3Q2026 United States Army Corps of Engineers (USACE): successful field demonstration completed Jun-25, repair scope scaling Naval Sea Systems Command (NAVSEA) & Penn State: equipped with Titomic systems for ship repair Army, U.S: Marines and Navy demonstrations and validation ongoing Det Norske Veritas (DNV): TKF maritime qualification for global standard completed NASA Signed Space Act Agreement U.S. Military Research Organization: CRADA signed Q2 2026 Commercial validation with leadingU.S. defense primes Northrop Grumman: Successful missile chamber delivery Q32025 and hot-fire demonstration in Q42025 Tier 1 Defense Prime : hypersonic qualification progressing Leading Private Space Company : Structures under repair and further qualification underway Tier 1 tech manufacturer: LRIP underway Tinker Air Force Base : US$5m TKF High Pressure Cold Spray System award Multiple applications for TKF commercially validated Airbus: advancing moving to pilot launch in late 2026 with global MRO rollout potential of 40 owned and 400+ affiliate MRO sites Lufthansa: utilizing TKF 523 with further orders received in Q22026 EPCOR (KLM/Air France): utilizing Integrated Spray Booths (ISB) system with further orders anticipated Domestic European Aerospace Center order received in Q12026 Recent Progress | STRATEGIC PLAN ON-TRACK Automated and robotized platforms are in operational use across U.S. and international facilities.
Page 7
Experienced leadership and senior advisory team BOARD OF DIRECTORS LEADERSHIP TEAM STRATEGIC ADVISORY GROUPS (U.S. & EU) Humphrey Nolan Non-Executive Director Hon. Mira Ricardel Non-Executive Director Lt. Gen (Ret.) John Frewen AO, DSC Non-Executive Director Dag W.R. Stromme Executive Chairman Jim Chilton Non-Executive Director Jim Simpson CEO / Managing Director Dr. Patti Dare President, USA Geoff Hollis CFO & Company Secretary Aude Vignelles President , APAC Chris Myers President, EMEA Sarah Neeley Chief Business Officer, USA Lt Gen (Ret.) Henry ‘Trey’ Obering Non-Executive Director Kirk Pysher Sr VP, Global Manufacturing Doug Graham Former Vice President Lockheed Martin Lt. Gen Sir Charlie Stickland Served 38 years in the Armed Forces including as Chief of Joint Operations 5 John Schumacher Former NASA Chief of Staff and Vice President at Aerojet Rocketdyne LTC (Ret.) Rich Choppa President DellaCioppa Inc.; Former Senior Director for Business Development, Boeing Defense; Retired U.S. Army Ranger Michael Kirkpatrick Chairman of DESE Research, Inc., Huntsville, Alabama John P. Stopher (PhD) Former Principal Assistant to the Secretary of the Air Force for Space; former Budget Director on the U.S. House Special Select Committee on Intelligence Lt. Gen Dennis Luyt Former Commander of the Royal Netherlands Air Force B.G. Wolfgang Richter Served more than four decades in the German Armed Forces and NATO COL (ret.) Andrew Haeuptle Former Director Room; Former Chief of Navy Staff; Former Special Assistant to the President and Senior Director of the White House Situation Staff
Page 8
Investment Thesis | Reindustrializing America U.S.A. HQ FACILITY Huntsville, Alabama, United States of America NETHERLANDS FACILITY Heerenveen, The Netherlands 1 Straits Research - Aerospace Defense MRO Market Size & Outlook, 2025-2033 UK FACILITY Cambridge, UK US $60-100B1 Serviceable addressable market expanded Structural Manufacturing Crisis • Long lead times persist • Aging fleets drive demand • Fragile global supply chains • Mission-critical manufacturing at speed • Embedded with U.S. primes • Production, repair & sustainment • Qualification → LRIP → Production • Multi-year service agreements • Operating leverage through scale Differentiated Manufacturing Platform Recurring Production Growth Titomic proudly supports over 100 leading companies throughout aerospace, defense, oil & gas, transport, and energy 3 AUSTRALIAN FACILITY Melbourne, Victoria
Page 9
1 COST ADVANTAGE • Repair over replace: ~30–60% lower lifecycle cost • Eliminates full part replacement, heavy machining, and re-qualification • Minimal material waste; lower labor and energy inputs Why Titomic Wins | COST, SPEED, AND SUPPLY-CHAIN ADVANTAGE AT SCALE TITOMIC DELIVERS FASTER OUTCOMES AT MATERIALLY LOWER COST — WITHOUT INCREASING SUPPLY -CHAIN RISK. 2 SPEED ADVANTAGE • Weeks vs. months for fabrication and repair • Rapid response supports fleet availability and schedule recovery • In-situ and depot-level execution reduces downtime 3 SUPPLY - CHAIN ADVANTAGE • Removes dependency on foreign castings and forgings • Uses domestic and allied material supply • Supports re-industrialization and compliance requirement 4 SCALABILITY ADVANTAGE • Capacity scales with capital and demand, not R&D cycles • Programs progress from prototype and qualification into recurring sustainment and production pathways • Embedded with primes and depots enables repeat demand • Automation & robotics enable repeatable quality, higher throughput, and scalable production without linear labor growth.
Page 10
Path to Commercialization A decade of technology development, refocused since 2024 into a U.S. -led defense industrial manufacturer. 2014–17 Technology foundation Founded in Melbourne; proprietary cold spray platform developed; ASX listing 2021–23 Strategic repositioning Business streamlined; European expansion; sharpened defense & industrial focus 2024 Leadership transformation New management team; U.S.-first strategy; capital raised to accelerate growth 2025 Platform built U.S. HQ established in Huntsville; world-class manufacturing footprint; positioned for defense production 2026 Commercial inflection Prime & government validation; LRIP pipeline; major production awards pending; U.S. redomicile (Q4) WE ARE HERE Production scale Production contracts; recurring revenue growth; cash-flow positive; U.S. exchange listing We are no longer trying to prove cold spray works — we are industrializing it. 2027 6
Page 11
From qualification activity to recurring sustainment and positive free cash flow — a staged portfolio of defense, aerospace, maritime and energy opportunities. FY26 Commercialization • Customer qualifications • Prime & government validation • Commercial contract awards 1Q27 Production Ramp • LRIP programs begin • Pressure vessel qualification • Missile component ramp 2Q27 Commercial Expansion • Initial production orders • Naval & defense ramps • Production capacity expansion FY27 Production Scale • Multi-year production contracts • Scale across defense & energy • EBITDA breakeven objective Commercialization Pathway: Qualification programs are converting into LRIPs, production orders, and recurring revenue across a diversified portfolio of defense, aerospace, maritime, and energy opportunities. TOTAL ILLUSTRATIVE REVENUE POTENTIAL 13 programs US$250–430M+ illustrative 2026–2030E potential¹ 2027 EBITDA breakeven objective 1. Management's illustrative estimates across the top 13 conversion programs. Not forecasts or contracted revenue; actual results may materially vary. Commercialization Roadmap LARGEST NEAR-TERM OPPORTUNITIES PROGRAM STAGE POTENTIAL PAC-3 components In Discussions US$40–60M Tomahawk components NDA exercised US$30–50M Aircraft MRO Pilot Project implemented US$25–50M Standard missile components Proposal Submitted US$25–40M Hypersonic structures Risk Reduction/Next Phase proposal submitted US$25–40M Top 5 combined US$145–240M 9
Page 12
FORMAL BUSINESS OF THE AGM
Page 13
To receive and consider the Annual Financial Report of the Company for the six months ended 31 December 2025 together with the Remuneration Report, Director’s Declaration and the reports of the Directors and company Auditor. Item 1 9 Annual Financial Statements
Page 14
Item 2 is to consider and, if thought fit, to pass the following resolution as a non- binding ordinary resolution: “That the Company adopt the Remuneration Report for the six months ended 31 December 2025 in accordance with section 250R(2) of the Corporations Act.” Item 2 9 Adoption of Remuneration Report Proxy Results: For: 256,224,779 99.10% Against: 1,593,556 0.62% Open: 719,995 0.28% Total Valid Proxies: 258,538,330 100.00% Abstain: 900,896 Excluded: 106,064,056
Page 15
Item 3 is to consider, and if thought fit, to pass the following resolution as an ordinary resolution: "That, for the purposes of the Company’s Constitution and for all other purposes, Lt Gen Henry “Trey” Obering, being eligible, be elected as a Director of the Company." Item 3 9 Approve election of Lt Gen Henry “Trey” Obering Proxy Results: For: 363,744,486 99.63% Against: 654,971 0.18% Open: 719,995 0.19% Total Valid Proxies: 365,119,452 100.00% Abstain: 383,830 Excluded: -
Page 16
Item 4 is to consider and, if thought fit, to pass the following resolution as a non- binding ordinary resolution: "That, for the purposes of ASX Listing Rule 14.4, clause 20.3 of the Constitution and for all other purposes, Mr Dag Stromme, who retires in accordance with the Constitution and, being eligible, offers himself for re- election, be re-elected as a Director of the Company." Item 4 9 Re-election of Mr Dag Stromme Proxy Results: For: 310,679,781 99,38% Against: 1,227,926 0.39% Open: 719,995 0.23% Total Valid Proxies: 312,627,702 100.00% Abstain: 375,580 Excluded: 52,500,000
Page 17
Item 5 is to consider and, if thought fit, to pass the following resolution as a non- binding ordinary resolution: "That, for the purposes of ASX Listing Rule 14.4, clause 20.3 of the Constitution and for all other purposes, Mr Humphrey Nolan, who retires in accordance with the Constitution and, being eligible, offers himself for re- election, be re-elected as a Director of the Company." Item 5 9 Re-election of Humphrey Nolan Proxy Results: For: 345,638,002 99.44% Against: 1,228,726 0.35% Open: 760,974 0.21% Total Valid Proxies: 347,627,702 100.00% Abstain: 375,580 Excluded: 17,500,000
Page 18
Item 6 is to consider and, if thought fit, to pass the following resolution as a non- binding ordinary resolution: "That, for the purposes of section 208 of the Corporations Act, ASX Listing Rule 10.11 and for all other purposes, Shareholders approve the issue of 5,000,000 Options to Director, Lt Gen Henry “Trey” Obering, on the terms and conditions and as detailed in the Explanatory Memorandum which accompanies this Notice of Meeting." Item 6 9 Approval of issue of Options to Lt Gen Henry “Trey” Obering Proxy Results: For: 360,318,482 98.74% Against: 3,902,097 1.07% Open: 719,995 0.19% Total Valid Proxies: 364,940,574 100.00% Abstain: 562,708 Excluded: -
Page 19
TITOMIC USA GLOBAL HEADQUARTERS 15091 AL Highway 20 Madison, AL 35756 TITOMIC APAC 1/371 Ferntree Gully Road Mount Waverley, Victoria 3149, Australia TITOMIC EUROPE Mars 14 8448 CP, Heerenveen The Netherlands TITOMIC USA Geoff Hollis CFO +61 438 168 008 geoff.hollis@titomic.com Jim Simpson CEO & MANAGING DIRECTOR +1 714 262 9469 jim.simpson@titomic.com