META-Q4:23 Preliminary Highlights slide image

META-Q4:23 Preliminary Highlights

METAⓇ Go Beyond. CORE LINE: BATTERY MATERIALS (NPORE®) Total Addressable Market: $6.6B in 2022 NPORE® ALL-CERAMIC BATTERY SEPARATORS $10.9B in 2026 • The world's 1st flexible, free-standing ceramic nanoporous membrane separator for lithium-ion batteries • Ultra Thermal Stability • Freestanding, ceramic, nanoporous separator eliminates the plastic layer o <1% heat shrinkage for increased battery safety o 5x higher thermal conductivity compared to plastic separators o Flame resistance Excellent Electrochemical Performance o Superior abuse resistance 。 Rapid wet out with battery electrolytes o 3x greater compression resistance compared to plastic separators 。 Excellent electrolyte conductivity APPLICATIONS: All lithium-ion cells, especially aerospace, military, medical where heat tolerance is critical NPORE® separator prevents thermal runaway in a nail penetration test Demonstrated production scale at high speed on 1.5 m-wide line Joint development agreement with leading global battery OEM © 2024 Meta Materials Inc. All rights reserved 10
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