Hydrogenics Company Presentation Dr. Bernd Pitschak Hydrogenics GmbH March, 2016
Company Overview 2
Hydrogenics in Brief Global provider of hydrogen fuel cells and water electrolysis products and services Incorporated in 1995 [NASDAQ: HYGS; TSX: HYG] 170 full-time employees Headquartered in Canada with European facilities in Belgium and Germany. Branches in Jakarta, Kuala Lumpur, Seoul, California, Moscow, > 150 patents and patent applications More than 2,000 products deployed in 100 countries worldwide Manufacturing facilities are ISO 9001 certified Over 70 years of electrolysis leadership
Zero-emission Hydrogen Technology e - 0 2 Onsite Generation Water Electrolyzers H 2 0 H 2 Power Systems Fuel Cells e - 0 2
Lines of Business Onsite Generation Water Electrolyzers ELECTROLYZERS Power Systems Power Modules FUEL CELLS Industrial Hydrogen Hydrogen Fueling Stationary Power Mobility Power Energy Storage Load Control, Smart Grid and Power to Gas 5
Fuel Cells Confidential Do not duplicate or distribute without written permission from Hydrogenics Corporation 6
Product Philosophy: Simple and Modular
Hydrogenics HyPM Systems are ready to run CAN (Controller Area Network) Bus Overall System/ Vehicle Controller Notebook PC, with PC-CAN Bus interface and HyPMView software HyPM Boundary SCU H 2 S PRV FCVM S H 2 +H 2 O FLT BLR Exhaust Air STACK Air+H 2 O PMP coolant coolant + Electrical DC Power Out Power Converter, User Load or Load Box
The HyPM Gen 2.0 Next Gen Line-up Stationary HyPM XR 2.5-200 XR 5 XR 8 XR 12 XRL 8 XRL 12 Continuous Power [kw] 2.5 5.5 8.5 12.5 8.5 12.5 Mobility Technical Data HD 5 HD 8 HD 10-200 HD 12 HD 16 HD 30 Continuous Power [kw] 5 8.5 10 12.5 16.5 33 Packages Coming Soon HyPM Celerity* HD 90 HD 120 HD 150 HD 180 Continuous Power [kw] 60 99 132 165 198
Stationary Power Line-up Modules HyPM Gen 2.x XR 3-200 XR 5 XR 8 XRL 12 XRL 30 Continuous Power [kw] 3.0 5.5 8.5 12.5 33 Systems HyPM -R HyPM -R5 HyPM -R30 Continuous Power [kw] 5, 10 (8, 16) HyPM - R100 10, 20, 30 25, 50, 75, 100 HyPM -R 1MW 100 1000+ a) Secondary cooling loop (radiator, dry cooler, chiller or cooling tower) excluded b) Includes inverters for 50 Hz Alternating Current
Hydrogenics HyPM Fuel Cell Advantages The HyPM Fuel Cell -all integrated and ready to run- offering advanced Technology: No humidification Frost-proof Cold start capability Unlimited Start-Stop cycles Balance of plant integrated Designed to deliver > 15.000 hours lifetime
Offering: Engineering, Design, Development, Building to Complete Solutions 12
Mobile Certifications in Europe In-house certification, testing and homologation of the entire vehicle Including Pressure Equipment Directive, Electro- Magnetic Conformity and all applicable directives DE, ES, IT 13
Experience in Complex Product Development Level 1 High Power Performance Space APU DLR (Deutsches Zentrum für Luft-und Raumfahrt) German Aerospace Center Antares H3 Hydrogenics to develop fuel cell system for next generation of fuel cell-powered aircraft Challenge High Efficiency Mass & Performance Targets Variation of oxygen content Strengths Direct hybridization experience Leading product technology Extensive product validation Aerovironment World Leader in UAVs Helios high altitude long-duration remote-control airplane Challenges Fuel Consumption Targets Low oxygen concentration Mass and volume Strengths Leading product technology Strong domain expertise Deep subject matter expertise Airbus, DLR Leading Aircraft Manufacturer Multi-function APU for RAT replacement, fuel cell powered electric nose wheel for commercial aircraft Challenges RTCA DO 160E Vibration Test Variation of oxygen content Rapid start, dynamic loads Strengths Leading product technology Strong domain expertise Strong product validation Opportunities First Transatlantic flight Delivering critical Apps Technology transfer Opportunities Mission critical Apps, UAVs System Integration & Consulting Solutions for high power systems Opportunities Delivering commercial Apps System Integration & Consulting Technology transfer CSA Canadian Space Agency Hydrogenics picked to supply next generation fuel cell power system for Lunar Rover to be built in Canada Challenges Hydrogen-Oxygen Extreme Environmental Critical Mass Targets Strengths Leading product technology Direct hybridization experience Deep subject matter expertise Opportunities Technology transfer Platform for advanced development Hydrogen-Oxygen Generation Confidential Do not duplicate or distribute without written permission from Hydrogenics Corporation 14
Hydrogenics HyPM Systems in various applications Confidential Do not duplicate or distribute without written permission from Hydrogenics Corporation
Electrolysis Confidential Do not duplicate or distribute without written permission from Hydrogenics Corporation 16
Industrial Customer Base in different Applications Semi-conductor, Power Plants and Food Industry Glass and Steel Industry Confidential Do not duplicate or distribute without written permission from Hydrogenics Corporation
ALL IN OUTDOOR Confidential Do not duplicate or distribute without written permission from Hydrogenics Corporation 18
Customer Installations South Africa: Chemical Russia: Glass India: Metallurgy Russia: Metal China: Gas Argentina: H2 from Wind 20
Fueling Station (examples) Vattenfall Linde Hamburg Air Liquide Oslo BRÜGG - POSTAUTO 290 Linde Bozen Air Liquide Brügg, Schweiz Linde Aberdeen
Energy Storage, Grid Balancing and Power to Gas 22
P2G Projects Customer: Newfoundland and Labrador Hydro (NLH) Customer: Hychico Customer: Gas natural SDG Customer: BC Hydro, HARP Customer: EON Falkenhagen Customer: EON Hamburg -Reitbrook Confidential Do not duplicate or distribute without written permission from Hydrogenics Corporation
Coming Soon Coming Soon Coming Soon HRS Aberdeen, UK P2G 1MW Reitbrook P2G BioCat Project, DK HRS Oslo, NO HythaneRS Malmø HRS Stockholm, SE HRS Barth, DE HRS Amsterdam, NL P2G Werder/ Kessin/ Altentreptow, DE HRS Halle, BE P2G Falkenhagen, DE HRS Port Talbot, UK Coming Soon HRS+ESS Hamburg. DE HRS Swindon, UK High V.LO City CUTE CHIC ESS+HRS Herten, DE HRS Dunkirk, FR P2G ESS+HRS Stuttgart, DE ESS Sotovento ES Coming Soon Coming Soon HRS Porto, PT HRS Barcelona, ES HRS Brügg, Aargau, CH HRS San Remo, IT HRS Bolzano/Bozen HRS Istanbul, TR P2G Stuttgart, DE