Hazer Group (HZR) investor relations material

Financial and operational highlights

• FY25 revenue reached A$8.5m, up 124% year-on-year, with maiden engineering services revenue from FortisBC.

• Operating costs decreased by 17% due to lower demonstration plant and corporate expenses.

• Funding position at A$19.7m as of September 2025, supported by a capital raise and government grant.

• Market capitalization stands at A$130m, with over A$70m invested to date and 18 employees.

• Over 70 IP patents and a global project pipeline with 45+ leads representing ~1.2 Mtpa hydrogen capacity.

Technology and market positioning

• Proprietary methane pyrolysis technology produces clean hydrogen and high-purity graphite with low emissions.

• Process uses iron ore as a catalyst, enabling scalable, low-cost hydrogen and graphite production.

• Achieves cost parity with traditional steam methane reforming (SMR) without the need for carbon capture.

• Technology is commercially ready and can be integrated into existing industrial infrastructure, reducing hydrogen transport risks.

• Strategic alliance with KBR accelerates licensing and deployment, targeting large-scale projects (50,000+ tpa hydrogen).

Commercialisation and partnerships

• Early commercial revenues from FortisBC, with a binding agreement for a 2,500 tpa hydrogen facility in Canada.

• Tier-1 partners include KBR, FortisBC, Chiyoda, Chubu Electric, POSCO, ENGIE, and Mitsui & Co.

• Project pipeline spans North America, Europe, Asia-Pacific, and the Middle East, with over 1 Mtpa total capacity.

• Strategic focus on licensing model, with KBR as exclusive partner for methane pyrolysis in ammonia and methanol markets.

• Targeting 10+ plants and ~400 ktpa installed hydrogen capacity by 2034.