Metals Company SPAC

BETTER METALS FOR EVs Enabling us to dramatically reduce lifecycle ESG impacts of EV battery metals... Nodules vs. land ores Resource use -75% Ore Climate change -70% CO₂e emissions Humans -99% Human toxicity -94% Land Note: Lifecycle analysis done on a cradle-to-gate basis including the mining/collection phase, transport, processing & refining phase. Source: "Where Should Metals for the Green Transition Come From?", Paulikas et al, LCA white paper, April 2020. -94% Stored carbon at risk -97% Human lives at risk -89% Water Habitat damage -100% Solid processing waste +99.6% Seafloor -100% Child labor risk -98% Terrestrial ecotoxicity Wildlife -93% Biomass at risk Land based mining impacts globally includes deep sea tailings placement which can be very damaging to the environment -99% Freshwater ecotoxicity -93% Megafauna wildlife at risk -99% Eutrophication potential present Biodiversity loss risk 10

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