Investor Presentaiton

Key financial highlights 1H 2022 EUR 1.4m Investment in Heatcube™ technology EUR -3.0m Net loss 30.06.22 EUR 6.9m Cash position 30.06.22 EUR -3.3m Cash from operational activities • The funds has been allocated to: Building and installation of Heatcube TM at Nordjyllandsværket Organization has tripled during the first half of 2022 Expansion of footprint, established Kyoto Technology Denmark and in the process of establishing Kyoto Technology Spain Acquiring of Mercury Energy in Spain • Investment in development of next generation Heatcube TM Changed functional currency from NOK to EUR KYOZO

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