Investor Presentaiton

Key risks Technology The Company's market involves rapidly evolving technological change. To succeed, the Company will need to research, develop, design, manufacture, assemble, test, market and support ongoing enhancements to its existing solutions and products, completion of historical research and development projects, as well as to develop new products and technologies, on a timely and cost-effective basis. The Company cannot guarantee that it will be able to engage in research and development at the requisite levels. Elements of the Company's technology strategy and roadmap also include fundamental assumptions and developments based on highly complex physics and mathematics that are reliant on theoretical assumptions in design, testing and implementation and can impact the potential viability of products. The Company cannot assure investors that it will successfully complete the technology research and development programs it has been advancing over the past years. Research and development projects are highly complex systems that rely on underlying advanced design principles including physics, sensors, engineering, cooling systems and other components, and there is a technology risk to the successful completion of these projects and their market adoption. The Company may not successfully identify relevant new technological opportunities or continue to have the required financial resources to develop new products in a timely or cost- effective manner to preserve its market presence or competitive advantage. At the same time, products and technologies developed by others may render the Company's products and systems obsolete or non-competitive. Operating The Company is, and will continue to be, exposed to a range of operational risks relating to current and future operations. These include equipment failures and other asset, personnel and site-based accidents, personnel health and safety, industrial action or disputes, lease renewals, theft or damage by third parties, floods, fire, major cyclone, earthquake, lightning strike, terrorist attack, war or other disasters. In the event existing insurance arrangements do not cover an operational issue, this could have a material adverse effect on the operating and financial performance of the Company. More specifically, equipment breakdown, or serious accidents or incidents at the Company's facilities may impact the Company's activities. Any prolonged downtime (for example from COVID-19 shutdowns, or major supply chain disruptions) may have an impact on the Company's ability to mobilise its technologies to site; perform laboratory or site scanning services for customers, and provide sufficient levels of technical support, and have an adverse effect on the Company's reputation, operating and financial performance. Product liability The Company may be exposed to liability claims if its products or services are provided in fault and/or cause financial or other harm to its customers. Harm to customers could be claimed from operational interruptions and delays caused by the Technology Platform's use; failure to realise the expected value increases or risk reduction within their operations; safety impacts to personnel from its use; or other claims. Although the Company will aim to enter into commercial contracts that limit its liabilities to such claims, these are not always possible to achieve and hence the Company may be subject to these and similar claims. As the Company operates in multiple jurisdictions, this increases the set of laws, regulations, codes of practice and other guidances for the use of its technologies and systems that must be adhered to for specific engagements and mobilisations and is a source of risk for associated claims. As a result, the Company may have to expend significant financial and managerial resources to defend against such claims. The Company has various insurance policies in place to mitigate this risk. If a successful claim is made against the Company, the Company may be fined or sanctioned, and its reputation and brand may be negatively impacted, which could materially and adversely affect its reputation, business prospects, financial condition and results of operation. 41

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