August 1, 2024
Q2 2024 Company Update Presentation Transcript
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Q2
REPORT
2024
Company Update
Desert Control AS
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DESERT CONTROL IN BRIEF
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2|Q2 2024 Company Update
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Q2 2024
AGENDA
COMPANY UPDATE PRESENTATION
Highlights Financials Outlook a Q nd u e a s n t s io w n e s rs
3|Q2 2024 Company Update
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Q2 2024
HIGHLIGHTS
TECHNOLOGY UNITED STATES MIDDLE EAST
TR!!! eeSSE ccitn hogrhe n nr aaido f nmi c l cGo le ain r d n g e o t a i d c iw g m o a il tppi l t h rey B or i aa r vn nte e i d mo aI n ns k e cs sn t a a tt h l n a e in r -d l u o l uL a p u nN t r i g tC i e oh e a ac d ns po i s pn n D eloi r scm sa o ti v cios e n Ia!!! nnc RAE dr x ec e p E cceo a a x lr n s e pd sr e ia an o d tun ne m P d d in i be p l h e o i d lr iog t oM th A fa- ai vc c nr qa q sk lut u u ai e esl i i lts mtas i i toa t ionr i k o n e s n ts Rate Aa!!! nc PGO cdrr e p oo S e l gw eo r r ai rlent ia s ig d o s t n i n e of aun di lm e r r Rde ebg a e e P d ur g i lo on a u fts e l ops ia rt siyl t i oi o n o ftr s nr S a y aam un I e dd n w i d t A oe e r rpa k g lb oi r n iy a a tme t g i e o rna n tts ion
4|Q2 2024 Company Update
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Q2 2024
HIGHLIGHTS
VALIDATION PARTNERSHIPS
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5|Q2 2024 Company Update
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TECHNOLOGICAL BREAKTHROUGHS
LNC APPLICATION
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LNC PRODUCTION
!ICduernretinftie LdN ImC Pprroodveumcteionnt OSypsptoermtus nPiltaietfso fromr the
”Each container unit weighs 6 metric tonnes and is 6.1 meters long”
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ICNACP6 RAE XCAITSYE
”Prototype weighs 3 metric tonnes and is 3.8 meters long” (Compared to Q2-2023)
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TECHNOLOGICAL BREAKTHROUGHS
The Next-Gen LNC Production Systems Prototype
MOBILITY
ECOUNNOITM ICS PRCOADPUACCTITIOYN
SCALABILITY "Tthhea nne fxotu-rg ceunr prernotd uunctitios nc osmysbteinme da,i mats l etoss d tehliavne rh malfo trhe ec acpoastc.i”ty EFEFNICEIREGNYC Y
AGILITY EFLFAICBIEONRC Y
EFFCICOISETN CY EFFTICIMIEEN CY
7|Q2 2024 Company Update
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RECORD NUMBER OF INSTALLATIONS, INCREASED PILOT
ACQUISITION RATE, AND EXPANDED MARKETS IN THE UNITED STATES
INSTALLATIONS EXPANDED MARKETS
!1 !! 5 I9U n p sInta Fsltr lao alt mliao tn 3ios I nn Css o t mEaxl p lea lect t iuo etn des dS i in ninc Q eQ 1 t2- h 2-e20 Q0224 1 4Report !E !! xpS10 aen vG sei o oral n fl i CNn o eH uwig r s hOe - pV Ppa il loo urt ets uS ine n gi tS miet esa n gwt e si t1h + N 2o Ptailboltes Gino Slft Cagoeu r2ses
PILOT ACQUISITIONS MARKET ACCEPTANCE
!U.S. Project Portfolio Growth from 29 to 38 Projects !Growing Number of Incoming Requests
!Several Projects Direct to Extended Stage 2 Pilots !PStroagmei s3in Cgo Enatrralyc tR Oespupltosr toufn Liatineds s caping Pilots May Fast-Track
8|Q2 2024 Company Update
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U.S. PILOT PROGRAM UPDATE
Q2 & YTD 2024 (38 PROJECTS)
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S E(SlosLsc a C c ar u N br o x a v ocgj C T e p l i c tm a e n c e ab q r e g t s c m u iic A s s n lr vi o ,a o fe t e a u l m d ys i r n o t l s G c a m y e S d f i ln a a t d o e d t d a r l v e h r g E g P c e e m ee P ei r c r a ri e o o 1 m e l i a n - l n p x 2 p r P p o s t o r e i t a r e el ma o t r o cn -a s tp s t i j d , t s c e ri oa e n c oe vs dn t gjv is e a so ay e ctb ) ir l s ht e v i e sl se e l i a id tn w s y i g n a. i o tt n c ho f do t s h t e A! L!a g4!!! 2!! n r d i G Pc so C21 11 ue c l rl i V FF af d t tm p aa u i r C an u ii i ar t orr n e e se n ww ug y eo ( r f aa a 4 (s n ar 2 yy r e ) cr t d ) , : mh D m Ca e s rr u p od l l p t o i y p D m l e e e p g n lo r t e y s e m n e s n , a ts nd a softball field
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!"3!
SOLID PILOT
PERFORMANCE
AGRICULTURE
!C !!! onCDV t i ia i n tn tr ee uu ss esd Progress in Permanent Crops
!Direct to Stage 2 Extended Pilots
!TBhype aLsasteeds tS Dtaagtee 1F a(Drmire Icmtp tloe m>6e0n0ta ttrieoenss)
!Promising LNC Performance
ControlLNC Treated
10|Q2 2024 Company Update
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!""!
SOLID PILOT
PERFORMANCE
LANDSCAPING
!Making Significant Headway in Golf Courses
PROMISING EARLY RESULTS SET THE STAGE FOR LARGER GOLF-COURSE
CONTRACTS TOWARDS THE END OF THE YEAR FOR 2025 DEPLOYMENTS
ControlLNC Treated ControlLNC Treated
11|Q2 2024 Company Update
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!"2!
ACCELERATED REGULATORY
INTEGRATION AND SOLIDIFIED
POSITION IN THE MIDDLE EAST
UNITED ARAB EMIRATES
!L !! NCFP ih Drasets p ePloh2 yam Cseo e n mCt mofome r n pR cleei s ntieg dd e in nt Q ia 3 l Development in Abu Dhabi
!New Commercial Project Secured in the Landscaping Segment
!Several Strategic PilotsUnderway
!Progress on Integrating LNC into Regulatory Frameworks
SAUDI ARABIA
!Both Licensed Operators are now Fully Operational
!InitialPilotsandDeploymentare Underway
!Eanndg aCgoenmseernvtast wiointh In Liatiragteiv-Sesc aalree U Prrboagnr eDsesvineglopment Projects
!Several Notable Pilots Planned for the Coming Quarters
1122||QQ22 22002244 CCoommppaannyy UUppddaattee
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!"E!
ENTERED NEW PARTNERSHIPS
AND STRENGTHENED MARKET
VALIDATION
Independent Validation
The University of California
New Partnership
13|Q2 2024 Company Update
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!"4!
SOLID PILOT
PERFORMANCE
LANDSCAPING
!Golf Courses, Turf & Sports Fields
RESEARCH & DEVELOPMENT PROGRAMS AND PRIORITIES
INCREASE VALUE EXPAND MARKETS
!Integration with Biologicals and Holistic Soil Health Solutions !Expanding LNC Feasibility to Broader Varieties of Soils
!Mitigating Soil Salinity !Increasing Salinity Tolerance of Water Sources
!Reducing Fertilizer Leaching
14|Q2 2024 Company Update
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!"Y!
SUMMARY
Q2 & YTD HIGHLIGHTS
TECHNOLOGICAL BREAKTHROUGHS GROWING MARKET ACCEPTANCE
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!"b!
Q2 2024
AGENDA
COMPANY UPDATE PRESENTATION
Highlights Financials Outlook a Q nd u e a s n t s io w n e s rs
16|Q2 2024 Company Update
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!"d!
FINANCIAL HIGHLIGHTS
KEY FIGURES *
17|Q2 2024 Company Update
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!"f!
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
18|Q2 2024 Company Update
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!"g!
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
19|Q2 2024 Company Update
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!23!
CONSOLIDATED STATEMENT OF CASH FLOWS
20|Q2 2024 Company Update
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!2"!
DISCONTINUED OPERATIONS (MIDDLE EAST)
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21|Q2 2024 Company Update
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!22!
DSRT SHAREHOLDERS
22|Q2 2024 Company Update
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!2E!
Q2 2024
AGENDA
COMPANY UPDATE PRESENTATION
Highlights Financials Outlook a Q nd u e a s n t s io w n e s rs
23|Q2 2024 Company Update
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!24!
OUTLOOK
UNITED STATES MIDDLE EAST TECHNOLOGY
! ! L! ! A! ! a g n r f 2i EfwGws PlfeD i e n d o o u t c f 0 x i o e a i a l a s fr r c u t p 2 o 2v lt i rt c gh u f d c l 0 e tn e e5 h t a e s i s c e c r u p 2 l i ee p e oa n o t p3 sr 6 c o nr i d np g e u e n l o s s ce oc da r t ug o i s py O an oy st n b t t n l n i ie h nm O b w ap d s v o s d a t h r j ed e bt i e e bg r c tn ia d l e j an c g i h o i ee e c n n n e p c t t h n y- c em i t i e v ts l s t v o t t o i s w e b i c ai i i f e o n ay v n n l ao a e la s o d d lm e u h l r n r : t 2 p r e e s o e ee e e e 2 0 : m s u a ra s f n n p t 2 i g nu du e t t d r 5 r d r l o s w n s e- at i , e c v p t s v t n a s r u i h eh ( y ds d c s R l n ee a t a i di s &n u u t s n l e e u a e g r D e tn v a b r a h ) e i i s d e r l i n m e e lvi x r d i g g o a t p a a o p e n y f l s l a t u a p u , i n t h n f w t c e l a h e i o e s l t c n o i e w t iy t a o y d o o h m y n e n p k e t ha se ifa l r i n oo i g, r n t t r h s s ! ! Abs O! !! ! ! can b ice t jAdwDAACrfEda e ki e n o d c x e e o nr ei c e g g t r t a i p m po n pt t pd i h r u b s i f e i pl t l o a c v o o o i o l b i c i s c t a ai w t e n y n i yp t e y i i tl s o a u mi n i w m sv a oan n: nn n i t g e t rn ni ge g e r ed t i y r t a d g n n s n h w a a o n g t i i g t t l g nw i i w u b st n op o no n t s r m o a i v a a t n e e a e t f i t t o e r fr g w i b n v e h p d it a r Q c r e ss e n r n t r s a t a p t i r3 ro i e c m t a vt r a t n a o i j o r a i rl h e l o e t r o s a e g f n t nt e s c n h n n n g e e n s s t e w i e d t g r t t ef p s e o w o r n e r s i r i s r s f a oc a t w v c d d s u d h r L t m a a a c p t e n e e f o n N p t o p h o p o g p i f i p d i n Ca o nr o n w i l i t i o c n t r n y l i r g h i d t or n n y te o p m a n e r e t spm t a e p i c e - vt o l y r or q o tt e a r e e o s e ys m sfu r t l n l j a l r a o p o s ea f i f t a e r r t o p f e o ct a s em n i i r t m r b o n m o i t sn b e n u d u n e e i w r i a S m n n l o n d l o a t a U t i u , r n s d k Ad g e s Ei r !! ! ! C!! L CU L! ! ! a N o onun ni C IE CaEc Ea v n nt t o n l x v x o e P l i i c c p p m n o n dn r r r r hs e a a u l u o e t va m i l n n i ie e a d t e e n n p y d d s e u v d a u i pn e t i r c a cn M r e n l i c ei t i o n a V d c g v iw i a d a ll t o a a i l r e r fn t l a l n t i k p i i u h x r p b v g i e e r or p e a e r i ol i o t n kd n o g n a r v t e R g d a n d at oe e y e t u tr d aft r A i ii a f R c s y o a d oi p i c a t n p &l c n v ns h i p t d ieo a D s e is l w l e n n i nt yi c t p p i c o s c a t d y r e e t h y t b i u eo m n o i re o S mf d r i e n y n i r L e t s n n eg i n N e t a a g t H s C s d n e v i 1y d n a n a - t p f 2 f l p a i o ip d 0 e r r l a o 2 li dc t d 5 as i u o t c n io t a i n o n t n d o
24|||Q2 2024 Company Update
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!2Y!
Q2 2024
AGENDA
COMPANY UPDATE PRESENTATION
Highlights Financials Outlook a Q nd u e a s n t s i w on e s rs
25|Q2 2024 Company Update
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!2b!
Cautionary Note
26|Q2 2024 Company Update
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!2d!
Thank you for your attention!
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