Ann: Appendix 4C and Quarterly Activities Report, page-6

CPV product is already old before they are commercially ready. 3 years talking about it with MoUs and 1 trial that is completely underwhelming. Proven to be expensive, extremely poor performance, excessively heavily and thick that are not able to be normalised in standard glazing manufacturing. Hence why these glazing companies are not stepping forward, and in cases we’ve seen walking away. Whilst all these others entrants are producing films and ablated solars cell options to be added to the glazing industry with 10x performance.

As an investor I am asking serious question on the spending and outcomes that are weak in any business perspective. I get no answers from the executives of cpv and current board members when challenge why this company is so poorly managed.

Whilst the concept of energy generating building components like glass is great, this specific product however is not well thought through to commercialise and the real sustainable and business impact. The claim also by CPV they use inorganic materials in their composition in their technology is a burden to landfill and the environment as they include dangerous and toxic chemicals like cadmium.