Ann: Operational Update - Clean Energy Technology, page-44

Why are international battery materials suppliers approaching Anteo and not the other way around ? Anteo should be screaming our lighter , smaller , faster charging ,much higher energy retention now SAFER and much cheaper battery than the rest.

New Opportunity to enable safer Lithium-ion batteries During the AABC in May 2024, AnteoTech was approached by an international supplier of materials for use in the battery separator manufacture.

This materials Supplier is aware of the Anteo X technology and believe that when coupled with their proprietary materials, the resultant enhanced product may reduce the risk of the anode and cathode short circuiting through contact. This separation issue is one of the causes of thermal run-away overheating and subsequent fires in Li-ion batteries, which is becoming a greater concern world-wide. AnteoTech management met with this Materials Supplier at The Battery Show and have agreed the in-principal terms and scope of a Materials Transfer Agreement (MTA) and the initial research to be conducted by this partner.

A short validation process by the Materials Supplier is targeted for completion by September, and, upon successful outcome it is expected that a commercial agreement will be executed for this new targeted usage of Anteo XTM. If successful, this represents a new application and AnteoXTM revenue stream able to be met with no change to the formulation, while also addressing the growing world-wide issue of fires in Li-ion batteries