Advent Investor Presentation Deck

MARINE APPLICATIONS: ADVENT'S "ANY FUEL. ANYWHERE." TECHNOLOGY Methanol is used by a Reformer to create Hydrogen and Air which enters the Fuel Cell and is converted to Electricity. FUEL Methanol Car ferry / cruise ship REFORMER ADVENT FUEL CELL 30kW stacks used to create 120, 240kW etc. power options for auxiliary power and passenger accommodations 1MW Stacks used to create multi-MW for propulsion ADVENT ADVENT HT-PEM MEAS Operate at high-temperatures, (80-240°C) Based on proprietary chemistry No need for water management Hydrogen Main propulsion and auxiliary power Air FUEL CELL Multi-purpose vessel OUTPUT Electricity Heat Yacht 01 FUEL FLEXIBILITY H2, H2(LOHC) & Methanol, natural gas 02 MODULAR POWER SYSTEM Scalable for many load requirements and applications (e.g. propulsion system, auxiliary power) 03 LONG RANGE & FAST REFILL Unlike a battery that needs charging, fuel cells run as long as there is hydrogen fuel. Thus, longer routes and larger vessels may be possible 04 HYBRID ARCHITECTURE Batteries can work together with fuel cells (hybrid architectures of battery and fuel cell) 05 NO EMISSIONS Fuel cell ship Vessels can freely access emission control zones Any Fuel. Anywhere. 21

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