CitroTech (CITR) investor relations material

Industry landscape and market opportunity

• Wildfire prevention and asset protection market is rapidly expanding, driven by increasing fire risks and regulatory needs.

• Pressure-treated lumber and traditional fire retardants face disruption from safer, more effective alternatives.

• Insurance and regulatory bodies are expected to mandate advanced fire prevention solutions, especially in high-risk zones.

• Major engineered wood products companies are key targets for adoption and partnerships.

• Recurring, high-margin chemical sales and system installations represent significant revenue streams.

Product innovation and differentiation

• First and only EPA Safer Choice-recognized fire retardant, with all ingredients generally recognized as safe.

• Product forms a crystalline barrier in heat, is non-toxic, environmentally friendly, and breaks down naturally.

• Enables Class A fire-rated lumber without weakening wood, unlike pressure impregnation.

• Can be applied easily via ground or aerial methods, and is effective until physically washed off.

• UL GREENGUARD Gold certification ensures minimal smoke and vapor emissions.

Strategic partnerships and business model

• 50/50 joint venture with Hexion Corporation provides access to global wood product customers and supply chain.

• Hexion JV includes a year-five call option for Hexion to acquire the remaining stake, reflecting high confidence.

• Partnerships with application companies like All Risk Shield validate product safety and market fit.

• Focus on being designed into new construction and infrastructure projects for recurring revenue.

• Minimal need for in-house sales or manufacturing due to partner capabilities.