#1Market Announcement 7 July 2022 X ASX Pure Hydrogen Corporation Limited (ASX: PH2) - Investor Presentation Description Please find attached the 22 June 2022 Investor Presentation referred to in ASX's query letters released to the market earlier this morning. Issued by Yushra Haniff Compliance Adviser, Listings Compliance (Sydney) 7 July 2022 ASX Limited Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au#2Pure Hydrogen Hydrogen - Business Update - Emerald and Turquoise Hydrogen -Fuel Cell Vehicles -Eastern Hydrogen Super Highway Pure Hydrogen Corporation Limited June 2022 (ASX: PH2)#3DISCLAIMER Extent of Information This document has been prepared by Pure Hydrogen Corporation Limited and Real Energy Corporation Limited ("Company"). This Presentation, including the information contained in this disclaimer, does not constitute an offer, invitation or recommendation to subscribe for or purchase any security and neither the Presentation, disclaimer not anything contained in such forms the basis of any contract or commitment. This Presentation does not take into account your individual investment objective, financial situation or particular needs. You must not act on the basis of any other matter contained in this Presentation but must make your own assessment of the Company. No representation, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information contained in this Presentation, including the accuracy, likelihood of the achievement or reasonableness of any forecast, prospects, returns or statements in relation to future matters contained in the Presentation ("Forward-looking statements"). Any such forward-looking statements that are contained in this Presentation or can be implied by the same are by their nature subject to significant uncertainties and contingencies associated with the oil and gas industry and are based on a number of estimates and assumptions that are subject to change (and in many cases are outside the control of Real Energy and Strata-X Energy and their directors) which may causes the actual results or performance of Real Energy and Strata-X Energy to be materially different from any future results or performance expressed or implied by such forward-looking statements. To the maximum extent permitted by law, none of Real Energy's or Pure Hydrogen related corporations, directors, employees, agents nor any other person accepts and liability, including without limitation arising from fault or negligence, for any loss arising from use of this Presentation or its content or otherwise arising in connection with it. Exclusion of Financial Product Advice This Presentation is for information purposes only and is not a prospectus or other offering under Australian law or under any others laws in the jurisdictions where the Presentation might be available. Nothing herein constitutes investment, legal, tax or other advice. This Presentation is not a recommendation to acquire shares and has been prepared without taking into account the investment objectives, financial situation or needs of individuals. Independent Advice You should consider the appropriateness of the information having regard to your own objectives, financial situation and needs and seek appropriate advice, including, legal and taxation advice appropriate to your jurisdiction. Real Energy and Pure Hydrogen are not licensed to provide financial advice in respect of its shares. Geological Information The geological information in this presentation relating to geological information and resources is based on information compiled by Mr Lan Nguyen, who is a Member of Petroleum Exploration Society of Australia and the Society of the Petroleum Engineers and has sufficient experience to qualify as a Competent Person. Mr Nguyen consents to the inclusion of the matters based on his information in the form and context in which they appear. The information related to the results of drilled petroleum wells has been sourced from the publicly available well completion reports. Page 13 - Notes 1. As reported in Announcement dated 4 May 2021 - the 1C 87.7 Pj, 2C 130.3 Pj and 157,9 Pj - the remaining prospective resource was 536 Pj Note 2 - The total of 1.1 TCF 3C AND 14.9 TCF Prospective is a combination of Windorah gas project 770 Bcf and 8.8 Tcf, Venus Gas Project 157.9Pj 3Cand 536PJ Prospective and Serowe Gas Project 200.7 Bcf and 10.072 Bcf best estimate - Pure Hydrogen has a 51% working interest in the Serowe Project. Note 3 - The Contingent resources is a summary of of 2 reports for the Windorah Gas Project. One estimate prepared by DeGolyer and MacNaughton, a leading international petroleum industry consulting firm in June 2015 in respect of the Queenscliff Area and one estimate prepared by Aeon Petroleum Consultants in respect of the Tamarama area completed in August 2019. The Prospective estimate of 8.8 Tcf is based on the work by DeGolyer and MacNaughton adjusted for the permit that was relished by the Company. Note 4 - As reported in the Announcement on the 18 November 2021 - the Serowe Project has contingent Resources of 1C 120.4, 2C 160.6 and 3C of 200.7 Bcf and best estimated of 10.07 Bcf all figures 100%. Image sourced from websites. Pure Hydrogen 2#4INVESTMENT HIGHLIGHTS ✓ An integrated clean energy business Focussed on becoming Australia's leading hydrogen company ✓ With a diverse portfolio across the hydrogen eco-system: HYDROGEN FUEL CELL TECHNOLOGY HYDROGEN GAS OPERATIONS NATURAL GAS OPERATIONS (H₂ H2 Equity* in a hydrogen fuel cell vehicle company (HFCV) and power generation units. First HFCV vehicles: Demo Garbage truck and Warrego launch in 4Q CY2022. Vehicle Manufacturing base in Sale, Victoria Manufacture hydrogen with net zero carbon emissions. Aim: to become Australia's leading integrated hydrogen business, focused on manufacturing, storage, transport and supply. 0008 Uncommitted diversified natural gas portfolio in Australia and Botswana. Leverage natural gas resources to be used as feedstock to convert into hydrogen and high value carbon products. Material interest included a 24% interest plus options to go to 48% Pure Hydrogen 3#5AN EXPERIENCED BOARD AND LEADERSHIP TEAM Board of Directors Scott Brown Managing Director Scott has over 25 years' experience as a director and an executive in US and ASX-listed companies, including Real Energy, Objective Corporation, Allegiance Mining and Mosaic Oil. Image sourced from websites. Executive Management Les Nelson General Manager Operations Les has over 30 years' experience working in industrial and retail markets, including 20 years at Australia's largest Liquified Petroleum Gas distributor, Elgas Ltd, as General Manager. Ron Prefontaine Chairman and Non-Executive Director Ron has over 40 years' experience in the oil and gas industry and was the Executive and Managing Director at two successful ASX-listed companies, Arrow Energy and Bow Energy. Lan Nguyen Non-Executive Director Lan has over 25 years' experience in petroleum exploration, development and production in Australia and internationally, and was the Managing Director at ASX-listed Mosaic Oil. Gareth Forde Hydrogen Technology Officer Gareth has over 20 years' experience in hydrogen, oil and gas, water, energy and process engineering. He is a Registered Professional Engineer of Queensland in both Chemical and Environmental Engineering. Brendan Norman CEO/CMO H2X Global Brendan has held leadership and top management roles at various automotive groups in Australia, Africa, Middle East and Europe, including BMW Group, VW Group, Infiniti and Grove Hydrogen Auto. Andrew Thompson Hydrogen Production Technology Andrew has over 30 years' experience in minerals processing, oil and gas in Australia, UK and Cuba, and has held executive positions at various companies including Arrow Energy. Clint Butler Sales Manager Clint has 15 years' experience and has worked with numerous multi-nationals in the Liquid Petroleum Gas industry and was the Executive Director for an energy monitoring company for 11 years. Pure Hydrogen 4#6H2X Global setting up multiple HFCV manufacturing sites HFCV vehicles manufacturing in Sale, Victoria facilities. Term Sheet with Pure Hydrogen. ➤ H2X have established a Swedish Subsidiary and signed MOUs for Gothenburg and Trelleborg cities for vehicles to be delivered in 2023. H2X working with State Government of Sarawak in Malaysia to deliver products including vehicles and H2 generators. ➤ H2X raised $3 Million in a second funding round that was a 60% premium to the first round. Pure invested $1.05 Million to retain a 21% stake in the expanded capital. ➤ H2X planning to IPO in 2023. H H Warrego will now be launched in 4th Qtr 2022 H HDX Pure Hydrogen 5#7Demonstration Fuel Cell H2 Garbage Truck for JJ Waste ト DENNIS JJ Waste demonstration garbage truck glider (Dennis Eagle) at the Sale facility. H2X to add the Hydrogen fuel cells, Hydrogen fuel tanks, other Hydrogen components and control systems. ➤ Trial planned to commence end of CY2022 in Queensland. JJ Waste has huge nationwide fleet seeking to transition to H2 fuel. Pure Hydrogen Pure Hydrogen Redire Rese Reduce Reuse Recycle Pure Hydrogen CAUTION FREQUENT STOPPING DUAL CONTROL VEHICLE Pure Hydrogen 6#8HYDROGEN MANUFACTURING METHODS USING CLEAN ENERGY • Hydrogen is a very efficient. zero emissions fuel when used in fuel cells for transport and power generation. • Most hydrogen is manufactured using steam reforming of fossil fuels (grey hydrogen) which generates high CO2 emissions. • Pure Hydrogen to use NET ZERO hydrogen manufacturing methods. Hydrogen Manufacturing Methods Grey Blue Green Produced by steam methane High carbon reforming without carbon capture, using natural gas Produced by steam methane reforming with carbon capture, using natural gas Produced by electrolysis, using water and renewable electricity Produced by methane emissions Low carbon emissions Zero carbon emissions Image sourced from websites. pyrolysis, using natural Zero carbon emissions Turquoise gas and 1/8 of electricity required for electrolysis Produced by waste to Emerald hydrogen technology, using biomass and heat Net zero carbon emissions Pure Hydrogen's will utilise clean energy green, turquoise and emerald hydrogen production techniques Pure Hydrogen 7#9Pure Hydrogen Roadmap PURE SEEKING TO BE THE H2 SUPPLIER OF CHOICE Public Refueller-Green Hydrogen Public Refueller-Turquoise Hydrogen Proposed export hub -Natural Gas network pipeline Major highways Darwin Daly Waters Tencel Mris Winton Adelaide Murday Bridge Town Mor Mackay Gladstone Bundaberg Rem Toowoomba (B) Brisbane BJ Ballina Tamworth Coffs Harbour Dubbo Newcastle Sydney B Wart Wine Albury Plymour Melbourne BC Geelong 8 Pure Hydrogen 5#10Caboolture Waste to Hydrogen Production Stage 1 render PE www 07010 ARDIO on anu arzu 001 ww N TO FEED and approvals progressing for the Caboolture Emerald Hydrogen Project Emerald Hydrogen has negative CO2 outcomes and diverts biomass from Landfill. Pure Hydrogen and CAC H2 Partnership CAC H2 to fund the majority of the capital expenditure. Securing Geelong and other locations Target H2 Production: 2.5 tonnes per day from 3rd Qtr CY2023 Stage 2 render W யாரு te POG GATE CA the on Pure Hydrogen 9#11EMERALD HYDROGEN HYDROGEN – CABOOLTURE PROJECT HE.S BASIN A- CATCHMENT A AREA-1.64Ha BASIN SIZE 50x1503m ADMINISTRATION AND AMENITIES COVERED PROCESSING PLANT COVERED PROCESSING PLANT FUEL BUND MAINTENANCE AND STRORAGE PROPOSED WEIGHBRIDGE. 38m INFRASTRUCTURE BUFFER OVERLAND FLOW DIVERSION BUND HES BASIN B- CATCHMENT BAREA-241Ha BASIN SIZE 50x17x2.5m OUTLET AND LEVELS SPREADER H.E.S BASIN C- CATCHMENT C AREA-2.25Ha BASIN SIZE 60x14x2.5m EXISTING PROPERTY BOUNDARY INCINERATOR PYROCAL BIO-MASS INCINERATOR OVERLAND FLOW DRAIN EXISTING OVERLAND FLOWPATH Track 10.00 SETBACK HES BASIN D CATCHMENT GAREA= 2.97Ha BASIN SIZE=66x18x2.5m PROCESSING AND STOCKPILE AREA INFRASTRUCTURE BUFFER Track 20m VEGETATION BUFFER re Hydrogen#12METHANE PYROLYSIS What is it? High Temperature of Plasma Arc splits the CH. molecule into solid C and H₂ gas components. Uses 1/8 the electricity of electrolysis. If solar electricity used there are no emissions Image sourced from websites. CH₁ Plasma Arc Solid Carbon H₂ Pure Hydrogen 11#13PURE'S METHANE PLASMA PYROLYSIS What is it? The Plasma Arc technology Uses the Plenesys AC plasma torch to decompose Methane in an Oxygen-free reactor High Temperature of Plasma Arc splits the CH molecule into solid C and H₂ gas components Targets Along with H2, Pure is targeting a high % of Graphene / Carbon Nanotubes -Low-priced Hydrogen = Hydrogen Economy Low-priced Graphene = Plasma Arc Technology A/C Plasma Torch Graphene Economy 21st Century Economies, AND Global Emissions Reduction When operated with renewable electricity and bio-methane, the process can become Carbon-negative. Image sourced from websites. Pure Hydrogen 12#14BACK-TO-BASE AND INDUSTRIAL CH TO H₂-C MODULES 4 2 Repeatable as markets grow. • Scaleable • No CO2 emissions Water not consumed in process Value Driver = Carbon Products Image sourced from websites. Carbon nanotubes Graphene 1500/5000 kg H, per day + 4500/15,000 kg Carbon Products Cooling system 10 D 3-phase power supply Control room 100% Carbon Carbon H₂ filter Plasma reactor PSA unit Carbon processing Pure Hydrogen 13#15Key Milestones – next 18 months - Project/Activity Investor Day H2X Garbage Truck Demonstration Launch of Power Gen Units Launch of Warrego Bus Trials for H2X Turquoise Hydrogen Pilot Calbooture Plant Operational CÁCH Quarter Ended 2022 2023 Sept Dec March June Sept Dec Pure Hydrogen 14#16NATURAL GAS DEVELOPMENTS Independently Certified Contingent Gas Resources, net to Pure Hydrogen: 1C: 268 PJ 2C: 546 PJ 3C: 1,041 PJ 100% PROJECT VENUS SURAT BASIN CSG, QUEENSLAND 100% WINDORAH GAS PROJECT - COOPER BASIN GAS 51% PROJECT SEROWE CSG, BOTSWANA (FARMED OUT) 123 Bcf 2C, and 560 PJ in Prospective Resources in the Walloon CSG¹ 330 Bcf 2C and 8.8 TCF Prospective Resources - basin centered gas³ 160 Bcf 2C and Prospective Resource 10.7 TCF CSG4 Plan to use gas resources to manufacture turquoise hydrogen and high value carbon products Refer to the disclaimer for notes Pure Hydrogen 15#17Summary slide Pure Hydrogen project updates and highlights: Focussed on becoming Australia's leading hydrogen company and the H2 supplier of choice Pure Hydrogen retained a 22% stake in H2X ➤ Pure Hydrogen as a 19.9% interest in Botala Energy and 30% free carried in the Serowe Project in Botswana Pure's H2X established two new HFCV manufacturing sites in Sale, Victoria and Sweden JJ's Waste trial garbage truck - the truck and components have been delivered with conversion to H2 in progress and on track for delivery- strong interest in the industry Caboolture Waste to Hydrogen - FEED and approvals progressing for Emerald Hydrogen project with a target set of 2.5 tonnes of hydrogen to be produced per day ➤ Pure Hydrogen has contingent resources of 453 PJ for 100% Queensland gas projects - Project Venus and Windorah Gas Project Pure Hydrogen is looking develop up to 4 large scale export of compressed Hydrogen Projects Pure Hydrogen and CAC H2 partnership - securing Geelong site and other locations Methane Plasma Pyrolysis - targeting H2 along with a high percentage of Graphene/Carbon nanotubes - when operated with renewable electricity and bio-methane the process can become carbon negative Pure Hydrogen#18Pure Hydrogen Contact www.purehydrogen.com.au Scott Brown - Managing Director Ph: +61 2 9955 4008 E: [email protected] Image sourced from websites. 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