Umicore's Sustainability and Financial Report slide image

Umicore's Sustainability and Financial Report

Rechargeable Battery Materials - the plan to 2030 umicore ✓ Battery chemistry Mid-Nickel Production at scale GWh 15 Korea China High-Nickel Mid-Nickel High-Nickel High-Nickel HLM Mid-Nickel HV Solid State CAM Solid State Catholyte Mid-Nickel HV GWh 230 Europe 1/2 Europe 2/2 North America GWh 65 GWh >400 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1. Pioneering Battery Materials • Starting of CAM R&D in 1995 Early move into industrial scale CAM production Business-model: OEM Tier 2 / direct to cell makers • Technical interface: cell makers 2. Re-Shaping ⚫ Market shift to OEM Tier-1 involvement business models, next to cell makers Technical interface: OEM • Customer and platform diversification • Pioneering new OEM co-investment / partnership model to secure demand and share investments 3. Ramping-up Expanding global footprint to support customer SC needs "from mine to battery" ⚫ Accelerate implementation of advanced chemistries roadmap & SSB 4. Value creative growth . Significant growth in sweet-spot phase for returns • Visible impact of Umicore Scope 3 initiative to decarbonize BEV supply chain Full roll-out of advanced CAM technologies / SSB 72
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