Intelligent Revolution JANUARY 2019 CSE: XRO OTCQB: EXROF

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1 Intelligent Revolution JANUARY 2019 CSE: XRO OTCQB: EXROF

2 Disclosure Statement The information provided in this presentation material contains forward-looking statements. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. The Company does not assume the obligation to update any forward looking statement. 1

3 Company Overview Exro s vision for our Intelligent Energy Management System IEMS is to accelerate the adoption of electric and renewable power systems, providing significant opportunities to add economic and environmental value. Creating adaptable, dynamic management of power, we optimize performance, reduce wear and tear, and improve efficiency. Our patented technology enables realtime reconfiguration of electrical systems in electric motors, lithium ion batteries and generators. 2

4 Technology IEMS Our technology is an advanced control system that uses artificial intelligence to manage energy conversion in various applications. Reconfigures system elements to manage voltage and current to deliver optimized performance. The more variable the application, the greater the efficiency and economic gains. Can be integrated into existing applications, or designed with OEMs to create new custom designs that maximize economic performance.

5 Batteries: IEMS Benefits Li Batteries: IEMS manages charge and discharge of individual cells and modules to optimize performance and extend life of the battery. BMS Real-time control of each cell for equal degradation of cells. Longer Life Control current, voltage, and frequency for near-optimal torque configuration in real time. Increase Efficiency, Eliminate Inverter/Charger, Reduce Wasted Power Monitor individual battery cell. Creates Second Life 4

6 Motors: IEMS Benefits Motors: IEMS integrates wiring of the rotating machine coils into the power electronics. Digital Gear Box Designing AI to control individual coils. Increase Efficiency and Performance Integrate existing system with intelligent control technology. Reduce Parts/Costs High efficiency controls at each working point. May eliminate 2 nd Motor (Tesla D) 5

7 Generators: IEMS Benefits Generators: IEMS enables optimal energy creation at different levels vs single speed efficiency Adjusts for higher and lower speeds and variable torque. More Energy Creation Integrate existing system with intelligent control technology. Reduce Power Losses Optimizes system for variable renewable energy. Increases Efficiencies/Energy Creation 6

8 Patent Position All Exro technology and intellectual property is wholly-owned in nine patent families providing or seeking global protection in strategically important countries Exro Technologies Inc.: 15 Granted Patents - 10 US and 5 Foreign 8 Pending Applications - 2 US and 6 Foreign Further patents under development Acquired Adaptive Generators AS, a Norwegian-based company with a key, patented technology for use in generators, motors and battery systems. Adaptive Generators AS: 5 Granted Patents - 1 US and 4 Foreign 1 Pending Application 7

9 Next Steps Proving the technology through demonstration projects with strategic partners. Our high-powered batteries are both smaller and lighter as well as safer and more durable than those offered by our competitors. By combining this with Exro s intelligent technology, we are building a strong foundation for a partnership capable of serving the cutting-edge requirements of our customers in the new applications market. - T. Joseph Fisher III, Lithium Werks CEO and co-founder We are delighted to work with Exro, said Carlos Gottfried, Chairman of Potencia Industrial A successful collaboration could have far reaching impact for our industry, for our customers, and for the environment. 8

10 Strategic Partner Potencia Industrial is a manufacturing company with a history that spans 110 years. Headquartered in Mexico City, Potencia designs and manufacturers special application, high-efficiency electric motors and generators. Exro and Potencia entered into a strategic collaboration agreement to jointly develop common business opportunities between our two companies. This partnership with Potencia provides a valuable opportunity to advance the commercial readiness of our technology. Initially, we are focused on advancing two key collaborative projects one for electric motors and one for generators. 9

11 Potencia Industrial Projects Electric Motors The Electric Motor project is focused on converting traditional internal combustion engines in Mexico City s taxis to electric motors, as part of the mayor s initiative to green the city s taxi fleet. We will jointly work to integrate Exro s hardware and software technology into Potencia s motor drives. IEMS will be tested initially with the battery systems followed by testing on Potencia electric motors. The goal is to establish full communications between several systems utilizing IEMS so optimal efficiency and performance are achieved. Generators The Generator Project incorporates our technology in a Potencia generator used for a small wind turbine. Objective is to demonstrate that we can control voltage and current at this level resulting in small renewable power sources (hydro, wind, etc) producing more power. Benefits More efficient in various torque and speed configurations Less wear and tear Increased efficiency Lower Costs Better performance Easier on the battery Less components 10

12 Strategic Partner Lithium Werks is a global company with a leadership position in advancing lithium ion battery technology and application. Their customer base spans Asia, North and South America, Europe, the Middle East and Africa, served by their seven locations in the USA, China and Northern Europe. Batteries Lithium Werks and Exro entered into a collaboration agreement, formalizing our intent to work together to improve battery performance using our IEMS technology. The ultimate goal is to integrate our technology into a battery to allow for control over individual cells and modules controlled by AI / decision intelligence. Benefits Longer life Increased range Lower $/Kwh lifetime Better performance Optimized energy output Second life 11 -

13 Market With over one billion cars on the road today, 100 million elevators, 200 million diesel generator sets, 300 million industrial motors in the world, and the lithium ion battery market expected to be $65 billion by 2022, Exro has huge market potential: Generators Wind Turbines Hydro Dams Solar Arrays Coal Gas Nuclear Etc Motors EV s Buses Trucks Utility Vehicles Power Tools Lawn Mowers Etc.. Batteries EV s Buses Home Storage Grid Storage Etc Multi-billion dollar opportunity. 12

14 Executive Team Mark Godsy, Chairman & CEO Serial technology entrepreneur involved in many successful ventures including two of Canada s most successful biotech companies. John Meekison, CFO With over 12 years of public and private experience, Mr Meekison is a career CFO. As an investment banker, he has over 15 years experience raising equity capital. He is a CPA, Certified Management Accountant, Certified Investment Manager, and Professional Logistician, and holds a BA from University of British Columbia. Eamonn Percy, Strategic Advisor, Board of Directors Global business growth advisor and cleantech expert. Former President of Powertech Labs (leading global utility engineering products and services company). Former VP, Operations of Ballard Power Systems (a leading fuel cell company). B. Eng. (Electrical) & MBA (Finance) Paul Guedes, Corporate Communications Over 15 years experience in venture capital markets and investor relations working principally with growth technology companies. Jonathan Ritchey, Founder and Chief Scientist, Board of Directors Founder, inventor and chief designer for Exro s technology. Torsten Broeer, Chief Technical Officer With over 25 years of industry and project experience in the conventional and renewable energy engineering field, Mr Broeer holds a Ph.D. in Mechanical Engineering, a M.Sc. in Renewable Energy, and B.Sc. in Electrical Engineering. Kent Thoresen, Business Development An entrepreneur and inventor with exceptional expertise and a global network in the technology space, Mr. Thoresen leads market development for Exro in Europe from his base in Oslo, Norway. 13

15 Corporate Structure Exro is a publicly traded company listed on the Canadian Securities Exchange under the ticker symbol: XRO and OTCQB: EXROF We have a strong Board of Directors & experienced advisor support with a committed team of professionals to drive the product / technologies to commercial success Capitalization as of Nov 1, 2018 Issued & Outstanding: Fully Diluted: 54,601,594 63,476,184 14

16 For more information please contact: Investor Relations Exro Technologies West Georgia Street Vancouver, BC V6E 4M3 15

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