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Investor Presentaiton

Second Letter of Intent (LOI) in Food & Beverage Industry Kyoto's partner in Spain Background • Leading olive oil producer in Spain Renewable solution for heat generation for wastewater treatment o Replacing natural gas boiler reducing the CO2 emission and giving a competitive advantage for the client's operation Status о Thermal storage of 64 MWh 。 Annual capacity of up to 34 GWh thermal energy О Partner will install solar panels, so the Heatcube will ensure emission-free heat production both day and night Goal o Commissioning during the second half of 2023 > Over 50 olive oil plants in Spain alone "We have always been committed to making our products in an ecological and sustainable way. The Heatcube will enable us to substantially reduce the consumption of natural gas for heat during the production process, making our oils even more sustainable." Technical Director, Kyoto's partner KYOTO
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