Freyr Results Presentation Deck
KEY MESSAGES CONT.
FREYR
3. RATIONALIZING COSTS AND EXTENDING THE RUNWAY
Maintaining robust liquidity profile and clean balance sheet ahead of anticipated next phase of capital formation
Intending to reduce total cash spending by over 50%, extending liquidity runway to two + years without any new project-
level financing
· Strategically positioning FREYR to be nimble in dynamic industry, regulatory, and capital markets environments
4. FREYR HAS A PLAYBOOK TO NAVIGATE A HIGH VOLATILITY ENVIRONMENT
Leveraging strong ecosystem of committed partners
Pursuing conventional technology partnerships to mitigate risk and develop new market opportunities
Rationalizing spending while continuing to fund critical initiatives; focusing organization on top priorities
Executing against a clear plan while maintaining the value of real options
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