Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

part thereof…..


ASX Announcement28 JANUARY 2022DECEMBER 2021 – QUARTERLY REPORT

Highlights

PARKWAY PROCESS SOLUTIONS (PPS)§ Product Development§ Progressed the development of a range of high-performance, rapidly deployableintegrated water treatment plants based on a modular and reconfigurable design.§ Business Development§ Continuedtosuccessfullysecurenewbusinessfromadiverserangeofcompanies,for the provision of industrial water treatment related products, services, and solutions.§ Awarded another contract to perform an early-stage preliminary engineering study for a wastewater treatment plant contemplated by a government entity.§ Implementation of Integrated Management System is supporting business development, by assisting in the establishment of Parkway as an approved vendor.§ Group Sales: increased to approximately $1 million, with cash receipts increasing to $0.87 million, a 175% increase from the prior quarter, underpinned by rapidly growing sales pipeline.PARKWAY PROCESS TECHNOLOGIES (PPT)§ Continued progress in leveraging proprietary process technology platform to support existing and emerging business development initiatives.§ Core Technologies§ Constructionofnewscaled-upiBC®pilotplanton-tracktocommenceinFebruary2022. § Technoeconomic evaluations and collaboration, supporting aMES® commercialisation.§ Third-Party Technologies: secured access to an innovative membrane-based technology.§ Commercialisation Activities: include ongoing technoeconomic evaluations to demonstrate thesubstantial operational, financial and sustainability advantages of the technology portfolio.PARKWAY VENTURES (PV)§ The KLPP-Joint Venture granted 3 new exploration licences, covering KLPP project area.CORPORATE§ Strong balance sheet with $4.9 million in cash reserves as at 31 December 2021.§ Cash balance excludes grant funds and $0.25 million R&D tax incentive rebate for FY21.