Freyr SPAC Presentation Deck

Streamlined FREYR Production Process vs. Conventional Solutions Using existing raw materials Electrolyte NMC LCO Cathode S NCA NM Ti02 Si LMO LFP Anode LTO Natural Gr Artificial Gr Sn Li metal Separator FREYR Clean battery solutions Anode 15 production steps (including solvent recovery) Electrode Creation With a simpler production process Cathode Mix Mix Anode Cathode Dry Inspect Coat Dry Inspect Solvent Recovery Coat 5 production steps Electrode Creation Mix Solvent Recovery Mix Coat Coat Slit Slit Calendar Calendar Stack Conventional Cell Production Die Punch Die Punch Clean Clean Cell Assembly Weld Insert Electrolyte Cell Assembly Stack Weld Vacuum Dry Vacuum Dry Resulting in next-generation battery cells Insert VS. FREYR Cell Production Multiple thin layers Conductor Electrode - Separator Electrode Conductor Repeating structure Few and thick layers Conductor Electrode Separator Electrode Conductor Cylindric cell Prismatic cell Pouch cell Prismatic cell Pouch cell Source: 24M Technologies 23

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