Investor Presentaiton

sea level (m) 50 Relative Sea-Level (RSL) estimates beyond ~125 ka -50 -100 -150 0 Spratt & Lisiecki, 2016 + RSL estimates Huon Deglaciation LGM Н 1 l Glaciation 100 200 300 400 age (ka) First order agreement between our estimates of Huon RSL and GMSL estimates from $180 curves Huon RSL highstand estimates during cold. periods systematically higher Why? Wrong calibration. with Last Glacial Maximum (LGM)? Differences glaciation/ deglaciation? GIA?

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