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Investor Presentaiton

Australian VANADIUM LIMITED Vanadium flow batteries - technical and economic merit Improving VFB technology driving an increase from MWh to GWh scale projects Megawatt (MW) or Gigawatt (GW) describes the power output of the battery. MWh or GWh are the energy capacity, described in hours, or how long the power can be delivered for. Long duration competitive techno- economics >4h Non-flammable making it one of the most stable battery chemistries 100% depth of discharge with multiple daily cycles Select VFB manufacturers and installed capacity SUMITOMO ELECTRIC INVINITY ENERGY SYSTEMS 130 MWh 75 MWh Lifespan over 25 years with little to no degradation in Easy to scale power and energy separately performance over time Well proven at MWh scale and moving towards GWh scale Pictured: Invinity Energy Systems 200kW/800kWh VFB, Perth, UK. Installation data in table taken from company websites. Corporate Presentation | March 2024 | ASX:AVL cellcube 融科储能 RONGKE POWER 75 MWh 559 MWh 16
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