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REC Silicon Investor Presentation

Pareto Investor Conference | Battery Silicon-anode technologies give exiting market expansion for silane gas. SILANE FEEDSTOCK BATTERY VALUE CHAIN SEMICONDUCTOR SOLAR VALUE CHAIN Silicon Anodes to Drive Silane Market Expansion. Moses Lake Sole major supplier of pure silane outside China ➤ Co-Location discussions with multiple potential partners ➤ ~$1.0B gross silane plant capex Growth Driver Proven Global Leader. Butte 3,200MT Si-gas ➤ Module loading LTM EBITDA ~$30M Established Footprint to Capture Solar Market Upside. Moses Lake Moses Lake FBR Poly: 18,000MT ➤ Yulin JV Technology ➤ Yulin JV Technology Transfer Agreement of USD 200M S/D market Inflection 11 O REC Silicon ASA. All rights reserved. Confidential 1/15/2021 RECSILICON
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