Investor Presentaiton

Technology Development Process Readiness Phase MRL Product Development Cycle Stage owner Definition for PTC MRL 1 Pre development MRL 2 decision MRL 3 Gate 4 Critical for PTC Low-rate initial production MRL 9 Initial Production R&D team under CTO Solution Analysis MRL 4 Concept Initiation Gate 1 Critical for PTC MRL 5 Technology Maturation & Risk Reduction Concept & Technology Development MRL 6 Gate 2 Critical for PTC MRL 7 Product Development Engineering & Mfg. Development Gate 3. MRL 8 Product Development Technology Development team under CTO Documentation of basic idea and identified potential applications and identification of basic mfg. implications Technology concept and/or application formulated, and mfg. concept developed Manufacturing proof of concept developed Capability to produce the technology in a laboratory environment Capability to produce prototype components in a production relevant environment Capability to produce a prototype systems or subsystem in a production relevant environment. Capability to produce systems, sub systems or components in a production representative environment. Pilot line capability demonstrated. Ready to begin low-rate production Low-rate production demonstrated. Critical milestone #1 Critical milestone #2 Technology adoption decision Technology Solution Analysis Technology maturation & risk reduction Engineering & Manufacturing Development Production & Deployment Operations & Support Technology Acquisition Technology Absorption Technology adoption decision 2 Technology solution Analysis 3 5 Critical Milestone #1 Tech. maturation & risk reduction Critical Milestone #2 To be decided Technology adoption decision Technology Solution Analysis Technology maturation & risk reduction Technology Acquisition Critical milestone #3 Critical milestone #4 Engineering & Manufacturing Production & Deployment Operations & Support Development Technology Absorption Gate 5 Full-rate production MRL 10 CFT invoicing Technical team (under CTO), BE and Ops. Capability in place to begin Full Rate Production. 2 Rate Production Operations Team only Full rate production demonstrated and lean production practices in place. Engineering & Mfg. Development Critical Milestone #3 3 Production & Deployment Critical Milestone #4 5 Operations & Support PTC INDUSTRIES AEROLLOY TECHNOLOGIES © 2023 ptcil.com 31

View entire presentation