Water and Wastewater Treatment Solutions slide image

Water and Wastewater Treatment Solutions

Executive Summary New and Highly Experienced Leadership Strategic Shift to Higher-Margin Revenue Segments • Over 100 years of experience in the water and wastewater treatment industry Chairman, CEO, CFO, and CCO all joined within the last two years Notable turnaround experience and a number of highly successful exits leading to material returns for shareholders Restructuring and realignment announced in Q4 2022 - substantially reduced overhead and enhanced cross-selling and collaboration Focusing on high-margin Smart Product Solutions ("SPS") and Recurring Revenue Transitioning from lower-margin and higher-risk Custom Engineered Solutions ("CES") • Pipeline conversion (new orders) showing success of new strategy New Focus on Large, High-Growth End Markets US Environmental Protection Agency ("EPA") has assessed the need to spend >$200B in municipal water and wastewater treatment plant upgrades over the next 20 years to meet required standards² Global High-Strength Wastewater and Wastewater-to-Energy market estimated to be $6B² Proven and Established Technology and Product-line Leading ESG Impact • • • • • Over 800 global installations Membrane Aerated Biofilm Reactor technology ("MABR") is the lowest cost wastewater treatment technology for new effluent standards being adopted globally Major decarbonization initiatives in North America and Europe create significant demand for Wastewater-to-Energy projects Fluence has 41 installed anaerobic digester plants, typically used in Wastewater-to-Energy applications Water reuse applications (such as semiconductor chip manufacturing) and lithium mining to drive growth in industrial markets Fluence MABR and Wastewater-to-Energy technologies are highly energy efficient and lower CO2 and other harmful contaminants New Contracts Highlight Improving Financial Outlook • Shift in strategy to deliver sustainable revenue growth and higher margins • Large and growing sales pipeline driving strong new contract momentum • US$16M in SPS projects recently announced €48M Ivory Coast Addendum positions Fluence for long term O&M contract Contracted backlog (Orders in hand) currently stands at US$119M and forecast to be US$135M by year end Water and Wastewater Treatment Market by Type (Water Treatment, Wastewater Treatment), Offering, Application (Municipal, Industrial), and Geography - Global Forecast to 2032; June 2023, Meticulous Research. (1) fluence (2) GWI, independent research circa 2020. 3
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