Update NAATBatt Annual Conference

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1 Update NAATBatt Annual Conference February 19,

2 A Strategic Alignment of Industry Leaders.2

3 The Babcock & Wilcox Company Babcock & Wilcox Power Generation Group, Inc. Babcock & Wilcox Nuclear Energy, Inc. Babcock & Wilcox mpower, Inc. Babcock & Wilcox Nuclear Operations Group, Inc. Babcock & Wilcox Technical Services Group, Inc. Coal-fired power generation Environmental/ emissions control systems Renewable energy systems Service, operation and maintenance Construction services Nuclear component design, manufacturing and installation Diagnostics, maintenance and repair Field services Plant modifications Design, development and deployment of B&W mpower TM small modular reactor Virginia-Class submarine program Ford-Class carrier program Refueling Fuel processing and fabrication HEU downblending Nuclear material handling, storage and security Environmental management Safeguards and security Nuclear laboratories Commercial Government.3

4 B&W MEGTEC Global Presence > 600 Employees Worldwide.4

5 Corporate Headquarters Babcock & Wilcox MEGTEC De Pere, Wisconsin B&W MEGTEC employs approximately 350 people in the US and approximately 600 globally De Pere Facility includes: Chemical, Mechanical and Electrical Engineers and Designers 100+ Service, Technical and Support Personnel 100+ Manufacturing Personnel Dedicated R&D and Pilot Laboratory Support Team Oracle ERP, Risk Management Programs 365,000 ft 2 manufacturing facility.5

6 Energy Storage Products & Experience.6

7 Li-Ion Batteries & Supercapacitors Coating Lines Lab to Production Solvent Recovery & Purification.7

8 Lab Coater Advantages of B&W MEGTEC s Lab Coater: Modular Compact Simple to Operate Multiple coating methods available Shown is Lab Coater at Battery Innovation Center, Indiana.8

9 In-house Research & Development Center Pilot line available for customers to test, develop and improve processes 100+ patents covering technologies from 3 business platforms.9

10 Simultaneous 2 side Electrode Coating Line Typical layout of single-side electrode coating line & simultaneous 2-side coating line Use of simultaneous dual-side coating technology for enhanced productivity and reduced capital.10

11 Technology for Simultaneous 2-Side Coating Innovation for slot die coating in free span B&W MEGTEC innovations to commercialize free span coating On Backing Roll Slot die with backing roll is most common or standard configuration Free Span Slot die in Free Span is unique to B&W MEGTEC. We have developed method to stabilize the foil and specific die design for free span..11

12 Technology for Simultaneous 2-Side Coating Flotation dryer technology Wet coating on both sides Web tension control Web handling control B&W MEGTEC invented flotation dryer Strong technology Long history.12

13 NMP Recovery & Purification System Overview MUA back to Dryers Two Options for Final NMP removal OR Exhaust Scrubber Atmosphere NMP/Water to Water Treatment or Distillation Atmosphere Coating Line Exhaust to Solvent Recovery Heat HX Cathode Line Solvent Recovery Concentrator NMP Purification Stage 1 NMP Purification Stage 2 NMP to Storage Heavies to waste Water to waste Closed-Loop system allows for high recovery rate of NMP; low emissions; minimized operating costs Allows for complete plant integration yet flexibility to isolate individual coating lines and electrode types..13

14 NMP Recovery & Distillation Enclosure with Scrubber and Purification Systems Condenser Storage Tanks by B&W MEGTEC.14

15 NMP SRS: Condenser + Concentrator Condenser Concentrator.15

16 Project Examples Scale # Lines Width Speed Configuration Location Production 2 1,300 mm 40 m/min Simultaneous 2 sided USA Pilot / Lab mm 10 m/min Simultaneous 2 sided Europe Production mm 25 m/min Simultaneous 2 sided USA Lab mm 3 m/min Single side Asia Lab mm 3 m/min Single side USA Production mm 35 m/min Single side w/ future Simultaneous 2 sided Asia Production mm 25 m/min Simultaneous 2 sided Europe Production mm 36 m/min Single side Europe Pilot / Lab mm 3 m/min Single side USA Production SRS, Distillation USA Lab mm 3 m/min Mixing through electrolyte filling Asia.16

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