Investor Presentaiton

Competitive landscape First mover advantage with proven technology, only molten salt company with heat as value proposition Technology Maturity [GWh] 100 Value Proposition = Heat KYOKO Molten salts 10 LUMEN 'N 1 0.1 150 EnergyNest The Thermal Battery company" ETC 400 *Based on officially available data hyme BRENMILLER ENERGY RONDO Solid ALUMINA ENERGY 650 900 1150 1400 1650 Maximum Temperature* [°C] Source: KTH Royal Institute of Technology in Stockholm, Sweden, 2022 оо Cost*: 15 €/MWh 50 €/MWh 600 €/MWh KYOTO

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