DESERT CONTROL/Earnings transcript

August 1, 2024

Q2 2024 Company Update Presentation Transcript

Issuer IR

DESERT CONTROL · Q2 2024

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Q2

REPORT

2024

Company Update

Desert Control AS

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!2!

DESERT CONTROL IN BRIEF

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2|Q2 2024 Company Update

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!E!

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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!4!

Q2 2024

HIGHLIGHTS

TECHNOLOGY UNITED STATES MIDDLE EAST

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4|Q2 2024 Company Update

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!Y!

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

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”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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!d!

TECHNOLOGICAL BREAKTHROUGHS

The Next-Gen LNC Production Systems Prototype

MOBILITY

ECOUNNOITM ICS PRCOADPUACCTITIOYN

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AGILITY EFLFAICBIEONRC Y

EFFCICOISETN CY EFFTICIMIEEN CY

7|Q2 2024 Company Update

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!f!

RECORD NUMBER OF INSTALLATIONS, INCREASED PILOT

ACQUISITION RATE, AND EXPANDED MARKETS IN THE UNITED STATES

INSTALLATIONS EXPANDED MARKETS

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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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!g!

U.S. PILOT PROGRAM UPDATE

Q2 & YTD 2024 (38 PROJECTS)

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SOLID PILOT

PERFORMANCE

AGRICULTURE

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!Direct to Stage 2 Extended Pilots

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!Promising LNC Performance

ControlLNC Treated

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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

Q2 !!! SSE itn grhen aaif nmi c cle aind ne t A dI g m Oil p ipt rey or v aae ntmido ne S n cs a ta l ine nd- U U Ln pNi R tC e E Aa cpd opi n nloiecm sas itcios n !!! DGPorirot e ewc n tint t iga o l NS Fut a ams g tbe -Te 2rr a Poc ifl k oI nt t ocso Smtaingge R3 eOqpupeosrttsunities

REPORT IU !!! NN RAE C x ec IR pcc T eo a EE ln red AD sr iaN S o S tn u E e T mdi D n A bP H e TT ili rog RE oth S A fA- I Vc C nqa s T lut u I aies O li l Mta N itoa i onr I k n N e s t T s HE N !! H E I MO G W to H hUe - P wr V P A it A ah R r L tS T n U y N enr E g E s he R R nip & S tsa H D in I P I D N ev IT el I o A p T m I e V n E t S

S M O ID L D ID L I E F I E E A D S P T O SITION IN THE !!IEnxcpraenadse M Vaarlkueets

! !!O PGrrp ooe gwr r aient s igo s Nn o aun lm R R ebe g aeu dr l ioa nft e oPs risly oi n Fts r S aaa mnude d w iD A oer rpa klb oI i nya tmeegnratstion

C De o ser m t Co p nt a ro n l A y S Update SV !! TA TT R hh L ee EI D UU N nn AG iivv TT ee I rr OH ssii EN ttyy N oo E ff AC D ar il I zi N foon D ran E ia P ENDENT "Tthhea nne fxotu-rg ceunr prernotd uunctitios nc osmysbteinme da,i mats l etoss d tehliavne rh malfo trhe ec acpoastc.i”ty

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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)

MDaEsa ui s d s ret idn tr l sge e ts 2E ou 0 a lMt 2s e t3adw,O D ina per e tisdh rea e rH t t c i o oC lla n do s s in sni Utgf r i p o cIna ld vt Ma ieo tisde ntd mo le fe tnE hta e sLs tLe LC o L ap Cne cdra o Ht m ioop nlilss et t aiecs d Ed tai h srtc eho s nAa t ldi e nv u oae fn d ict .es dU RAeEg pernoedrautcitoion nT eecnhtintyo,l otrgainessf eSrAri.n Tgh iLsN sCtr aptreogdicu cetxioitn f rliocmen tshees Maniddd le

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DMeidsdelret CEaosntt rLoLl Cc oinn t2in0u2e4s. Aton ym saingangifeic aannyt sreumbsaeinqiunegn ot belvigeanttiso wnsil,l wbhei cdhis calroes eexdpaesc tneedc etoss baery r.esolved by the final liquidation of Desert Control

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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