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Iw:e N=JNSS,SMR INNOVATIONS [---- 00000 00 PFAS Replacement in the Hydrogen Economy/Electrochemistry go H, g -- ] oa PR a yaro9" 1S b, i > = LTB Erol ssion || A 2 \ ~~ = SB - 3 ou ae ~~ ra ZR 2 y SSS= EE a A ay ~ ECaCnHaAdaTeGcahzniectatleSsuubbmmiissssiioonn:: hhtttppss/://ttiinnyyuurrllccoomm//ClaonnaodmarPEFCAHSA Outline eee 1) Intro to H2 and CCU foci 2) Research Challenges - the high bar set for PFSA replacement 3) Drivers to innovate -- both direct replacement and indirect substitutions enable a better, safer, cost-effective, and world-scalable clean energy economy 4) Support for acceleration -- a mere four projects for an all-EU supply chain hydrogen economy as Company Overview Nea lonomr -- the leader in next-gen ion-exchange materials Roc5h0es+tEerm,plNoYy,eUeSsA & [ZEST Pr $50M.+ USD Funding incl. ee EI OE) JENSEN Lr Materials Families CS [ENT oli Diverse Marketplace Hydrogen Production, Fuel Cells & CCUS n QD Industry Experts Supported by more than 10 || years/ 100K hours of R&D T Innovative Protected IP 50-RyeEaMr barnedakPtEhrMousgolhustiionnsb.oth | Brcoaodmppoasteinitopnoorttfmoalitoeirncl. IENEMR Target Verticals Heavy Duty Fuel Cells > - Cdl? Har Er Green Hydrogen . 174 YH r H? ~ =His 1/77 PETChAoeSsf,trsa&tndErtfahfbilceri,setnhcgiyhgpBhrteearmafpkeotrrharmuoraeun.gochne~~oE1fn0ta0hb0l+irhnsotguACrEAMPdWErXEa-SbeadfpefemeaotcintnsigtvreaHt,ion orpeeradtiatoou3n0sy,+scyteeamtrcogosiatl, eoncabolnminpgsllayrge_fiancdtuosrtsr,y-erexlevcanteEceUo2nd0d2iitng&ioagfolonsrsm * fa) 0, Capture & Conversion (CCU) Ff Eloaomd,o Ll 0 Utnelgorcatkeidngin Cnaurmberoonl-ctor-oVcahlaureical Sysfor carboncapone and cConvoersinon,tvionchl.iteghheafriirstsclohnigo-lnivoedCdn2ir1e"ct IENEME Decarbonizing the Most Difficult GHGs see lonomr's target markets H, & CCU capable of >8 Gt CO, per year by 2050 00 3s ~mmsomemmrazote $J 7c0o. meevwisinnn fw0 a g3$sn30 ty 200 2000 2050 "Limiting warming to 1.5 C would reduce economic damages relative to 2 C... the accumulated global benefits will exceed US $20 trillion--" Burkeetal (Nature, 2019) Additional Applications - NLeLixioton-nGEEleleneccttBrraootddteeeArdAdidiedtsVievses Long-Duration Energy /Anti-Microbial Coatings | 1iSrotgoenraCgomepression| - Surface coatings | - Chemicals& Circular LithiuEm cHoycnroormiyde A Ons Redo Flow Bares | + Fabrice "Battery Recycling _ LIS, LiAlrsolid-state NiMH |~ Metal-Air Batteries. - Plastics integration - Process Water Re-use I [TTT Bo 7 I1 N giF f [TITTY %] {ews 3 . MN J| | 3; A/ o; ) al 9 AE 0or; a ES 5 cr SEHsE FANNININA s | RP HansmR lon-Exchange Materials in Target Applications see + Perfluorosulfonic acids (PFSAs) -- Nafion (Chemours), with Aquivion (Solvay/Syensqo), & formerly 3Mion -- underlie all the most efficient & safe electrochemistry + Main negative application properties are low softening point (Tg) & high gas permeability + Functional units degrade into molecules of the very highest concern Iin 4Ri Hoeoge dW l Y he e ty iEy LigEi bNy siPaCLF I E ode z SS 7 pie ya | E BR RA MHEaNlTtS) r i2 o | GS RE S Be F mo ring m fcor,aPs 2088KrD eKuo tofaC,Fo. 508 Opnlly yfuunnacttiioonnaallssitrategy is .N::En:M:mRR Acidic Fluoropolymers Measurably Degrade eee + Even if acidic fluoropolymers can be made without surfactants & process aids, they degrade into materials of the highest concern & impact (PFOS & PFOA-like materials C2-C12) + Additional issue is PFOS/GenX or similar is needed for ePTFE processing, used for reinforcement EE RIAL oy ar Drearn leey :EL ELse E)e an e| t | Ai= EEpde ((Wgee ERA | baits ul h Lod 4 EIR T BE HI aUTf]0 I HHH HH ET E meee e, muemmm meHmm LL=- + Fluoride release is typically only measured but direct PFAS acid emissions | + range from ~5% (WL Gore) to ~33% (3M) of measured F- release E + In particular the H- pathways are unprotected (R) a O10 Yt coors Sesof OLED. 10 HOSHe EI rasan 5a : oem. comtenhtsoomeSureo0n0.8 hc.Ro or Limit a Initial Hydrocarbons Performed, Failed on Durability --- `Sulfonated derivatives of poly(ether ether ketone) and poly(styrene) ++ HRiegwheerrodcegrroesessoofveacridmifsuntcetrioinaliezatrion (IECs ~2.5) performed well Nafion (IEC = 1.0) but borderline water soluble + Honda (working vehicles) and NASA (Gemini earth-orbiting mission 1962 - 1965) po-otof = +gbiok l=f8] Ch+allCehnegmiecsal staabr glreayter sen=ito tordiatvye degradation than= PFSAS Polyistyrenads x Performanceacrossdesian window,especial in eectodes -- conductivityhighly sensite fo hydrationsate + NoPviraebtleofioxeesstmothdesteesisisuesPFA ++ AGcemtsoansnatceontse poassctloonned) + Solubility inhot water at IECs > 2.5 meq. g" LNs The First Stable Hydrocarbon PEMs Polyphenylenes have been developed as innately stable, but also the only known non-F systems capable of self-repair + Reverfsasitrbadliceal additionstep + Many paths not resulting in chain scission + Addresses key concern, the long-duration chemical stability pristine 2s (| damaged ET iid see mB0o 5% SSHFEOERsSta) Sochn ILes 2 2% 24 2 Fe a -i FCI a Aiosny pane Two Breakthrough Chemistries, Four Produchtemsione -- - Polymer lonomer (electrode binder) powders Films/Membranes Composites (nonwoven & woven) Pemion Aemion Fernion wm Sa |= Developmental breakthroughs in AEM (2008) & PEM (2012) from a world-leading materials lab (@ SFU. Patents and know-how from fundamental ideas and procteosspseceifsic formulations, coating, device and integration Yo : A i i 3d t Posh 3 1 Ep --]Y Unprotected = Unstable Protected = Stable N WN ZA 7 No hod Pemion Provides Transformative Properties ese O High performance Proton-conductivity,water tr a n s p o r t v Vv Selectivity N Minimal permeabilitytogases (Hy, Ny, 0) 1. Vv <P Durability Long lifetimes to meet s ys t e m requ ire men ts Vv v Cost-effective and scalable chemistries 7 Be made from env't-friendly materials. 9 To match the goaoflthse hydrogen ecosystem il3 FHoireinn-tseimtpueoraptuererstaUabptiltiiot1oy2n0 C* xX v X Vv DOE, Clan HytroNEDgO,eTonta-o1toUCo,rp. ENEMR Out-Performing PFSAs + Mid humidity (RH) range (60-85%) ex-situ approximates low RH fuel cell operation -- water transport from fully humidified H, recirculation + Conductivity > 1.5x advantage vs. PFSAs at 80 C + 5210 >>3x advantage at room temperature & below Pemion exhibits well-defined phase segregated morphology linked to high protonic conduction i i aa Ea be re eee - de ei 1 n i - = As " by . He i Tn Con en sna A ES `Permion as-produce ihnRicontrolledPermionvariantc., Wat Pemion -- Ultra-Low-Humidity Performance ves Exceptional performance in extremely low-RH conditions meets or exceeds SOTA PFSAs + Completely unprecedented for hydrocarbon-based materials + Enabling PFSA replacement in all use-cases. Lower area resistance combined with greater temperature capabilities again indicates electrode engineering will exceed performance significantly. 5 ~k Le = seh on aE 3 Nt NN E ia 7 RR, \ |= & 5. - Nip = +prsaz Pa == G3oh anCaurnrendtDensisttyan|ce(mgahre)ures f mma mead nr 050 RCuAreHntDeAnEsiAtyH,jY(mTemR)G9, (3 mit rENEMR Pemion -- Fully Hydrocarbon Performance see Highly preliminary data in non-optimized conditions, but performances near-parity + Comparable area resistance in all conditions, comparable kinetics both high and low RH + Strong indicator unit cell design& optimization fully effective to approximate performance parity PaSetv Sr Hee c Es ze 1 vyean In en |Ba --------i--l Er ki eed . iTM nae inane Hii gh Temperature Operabililiity 2110 C see Pemion: No observable losses over 72 hour test -- High performance and voltage stability PFSA: 30% performance loss over 48 h (-2.7 mU/h) Potential to unlock: + HD stack right-sizing' + Small heat exchangers + Aviation applications Cordilionts + 22.50Ah/catm3'0%curRrHe,nt2h5olbdar(,~1.14 5W//1c8mH)yairstoich, then 2. 48hat 50% RH,3 bar,, 1.5/1.8 Hy/airstoich. Strong indicators of benefits at full scwa/alnoede recirculation & enhanced water flux w Fldi1 100 - = osfl Vo wed loi o halaman Fu 3 [IN 3 Ate 5 3 "Ja aah ottty [0 CRSY &z rpm etn per [2g LARTER mL 2 raph tent UtTiim)ean(ddaryns)eitance gh es remrans massed nWeTopuu raion st Name Pemion -- Extreme Chemical Stability see re"TshieliPeenmtiaogninsptol1yamdecrali-s iinndhuecreedntdleygcrhaedmaitciaolnly + 1000 hwithout failure (2x DOE membrane target) without radical scavengers + DOE-specified chemical stability accelerated Vstorleasgseteusntd--ere3xt0e%nRdHe,d 5ho0ldCatopen circuit + Ssturcecsessstfeuslt PEMFC operation after accelerated @ ~70% of initial performance + Harsher stress test exhibited no membrane etenhdtiiurncentliyinoganwnnietxhPpFenOcoAt.eradbdairsceaesldulstccaatvaeynegterasvwehrislean>50% os sEof EN, geTo s Fo io alte wl 3 oi A fr Zoe = vemonr HETnea DOEChemicalAcceleratedStress TestConditionsat30/30 %RH,90 C, CV. =) i |8. =Comite c OTE asfh Pemion >2x US DOE Durability Targets see F=" irMsutlatinpdleontelsytshysdhroowccaasrebolnim-ibtaedsededgrmaadtaetriioanlactrooesvseernaicehtiaervgeetmatiimneliinnedustrydurability targets + M2e0mkbcryaclneetagragsectraocshsioevveerd,<andPFdSoAubmleedm,brunadneerscfoormIbfieneodfctheesmtical/mechanical (COCV cycling) via DOE protocol on] a, ain i bi Fa Frneee- <% Fo et ' = t---- -- PeimHCpietnog.CnoM. i - ce an | "- Sense gi sia 3 E ed / Ec fri pte Gosh 40 udNguombceorosfeCycclaonren) rf menses messed| OpCUNerAoricgoeHROLES 0)31C. AST OCV chemical-mechanical OCV hold, current x-over and HFR: before and after VR ionysis | wl i I EL 11 een CGOCEMssattuppHHUIFE+rMsANhSbbaaesdedaacclrecotdoedses 2 "3 Hl wes... : i= if enmcttron vo ++ V2o0Rkotaggeertew coverya (0i0ns G8OEV0anp .edCp1C2Mos re1hpat 140 RH) to crs ses tothe + Amceemebrraaneeddegradation sepplication Vaprocedure,bu roanfre + Hycpothesis:fcor eetrppliicataioVntRea.cu.scaoaaltdfetwsedteirsatdortipnofnshatdown conn PEMWE Proof of Concept eee -- In-situ Results, 20 p= 1] H| wl oe o| + Significantly performance gain, ultimate targets or ot + 5maxrlkoewdelryhiymdprroogveenscsraofsestoyv&ere(fpfaircaiseintciyc loss) Lt |B `Stable methods found for integration oN a Re eet on gt Br] riley i Wid i 1: i i i i i i i 1s i i| 00 os 10 1s 20 25 Current Density (A/c') Further Requirements: + Dedicated membrane enginesring (known addiives, known processes, no technology risks) + Test system capacit--y no capable stands today, relying on partners is 5-10x slower than in-house 30 inane Aemion+, the only Alkaline-Stable AEM eee = IE ---- Stable for >4x NREL round-robin that failed every known material at the time EE.... J 3y .o. 9oSi Unprotected =Unstable " MOEjo \ ] LN i oa t on Com-o om wm om |ow ow ow rgpg =Stable <Q Cel Aemion+ Nf E13r min ed, LaO F = ry % `Exposure timeMours. I ha y ok al -3 Physical protection (sterics) leads to the only indefinite stability achieved ! - = in industry-relevant, hot alkaline conditions (270 C) rr ---- ernevnctes EEie inne Aemion+@ Unlocks Disruptive Hydrogen Economics Alineelectrolysis PEM electrolysis gy MR ope Ow. Or @ 1c Hie va Pe REM lectolyss SETTT THER Ob1l] rl Z ha|d mh tAhEeMtWwoE siysastheymbsri--doAfEL components and de-risking scalabilty BENEFITS v Scalable High Stability X VerylargeSystems ISSUES Poor RenewablesPairing X Low Safety at Pressure Highly Compact Pairs with Renewables Scale IssIur&ePFsAS:. VeryHigh Cost Toxic Material Use Compac+t Scalable Pairs with Renewables iornome's Breakthroughs Solve These 1ENEMR Breakthrough Durability & Performance cee oP f er rr ert gban E i e Ee E| Mteoansutreidncelyl vosltiagre es MP rere Ze i 12 Gof ass (metal component oxidation) SES TI H7e [Iuof 5B.r0]e = Eo eon e irre n e t fe URS "4 NNoormeembrane-associated LEY ovoareresuran +g > aa RA En "mone _ 7 EE) ){ wl LI I ny Eaxcceheide'vnigenalvgle2r0y30=ta2r4gEeUtstarget, now Ph2i1 a Numerous demonstorfabrteaikthoronugsh 3 ve durability, >1000x achieved in AEMWE: - No measurable membrane degradationin ~ $ * tests over 1year (10,000+ h to date) 12 ~ Multiple whole-system degradation 7 points >5000 h showing `ultimate target: $90 ni 3s >100,000 h to failure. , 5.Alia & coworkers @ NREL, through Shell GamechangerprogritiMR Resources Needed for Speed & OEM-Motivation: - 1) Regulatory pressure is theonly true way to motivate the marketplace + cha Major hprkesTsourrPeEaAt Sprpersoednutcttos cue`sell wfhahtayboiuyhoavne'sa(nsdeem:i3niMm)izaenddewveelaolpsomenneteidsn1't elminate du honest about supply: 2) Significant direct support -- development & system test labs, coating equipment, large pilots -- lonomr, Bekaert, Siemens Energy, lonysis+[Fuel Cell OEM like PowerCell] funding (IPCEls or similar) would soundly impact all targets in only four projects 3) Retrofit support for existing automated systems (e.g. R2R coaters) -- for the few companies who have already built manufacturing lines that need to be adapted to new materials 4) Keep the faith -- this is only a win for technology, scalability, the economy, and European energy security / supply chain because with climate-critical technology and multiple markets >30% CAGR, everyone can be winners. IIoNt:eNO:VNoAeT=IMONRS ---------- Thank You! - Ra Pr ~ i. IE \ ad 20 ECaCnHaAdaTeGcahzneitctaeSsuubbmmiissssiiono:n hhtittppss/:t/itniynuyrucrcoommC/alnonaodmarPEFCAHSA onomrcom 00.00O 00 Lg = u = BRSi rr an |@ionome com