Aeris Capital Raising Details

3 Weighted to Copper - Critical to Electrification We are Averis Renewable and EV thematic driving demand... ...Limited copper exposure available from tier 1 jurisdictions² Global 2020 copper demand¹ (Mt) Global 2040 forecast copper demand¹ (Mt) 2022 global copper mine production (Mt) Other countries 17% 1.3 Electrical/ renewables 9.0 Building and construction 6.2 9.7 Machinery & equipment 4.4 8.0 15.1 Africa 14% South America 37% ~22.0Mt Tier 1 12% China 9% S-E Asia 4% Central Asia 7% Global Reserves (Mt) Other countries 26% Transportation 2.3 5.7 South America 36% -886Mt Tier 1 17% Consumer & general 2.0 products 4.7 Central Asia 9% S-E Asia China Africa 3% 3% 6% 2. 1. Source: International Copper Association March 2023, Copper - The Pathway to Net Zero, https://copperalliance.org/wp-content/uploads/2023/02/ICA-Global Decarbonization-202301-Final-singlepgs.pdf Source: United States Geological Survey, Mineral Commodity Summaries 2023 - COPPER Data Release, https://www.sciencebase.gov/catalog/item/63d1a36ed34e06fef150068f 97.0 0.8 0.5 44.0 7.6 12

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