News Issues December 2018

Welcome to Issue Number 29 of the Calix Newsletter.

“As we draw to the end of the 2018 Calendar year, it is very satisfying to look back on the significant progress the company has made over the last 12 months.

In January 2018, we kicked off our two advanced battery projects – one in Europe (SOCRATCES https://socratces.eu/ ) and one in Australia (“BATMn”). Both progressed well during the year, with BATMn due for commissioning in August, 2019. In further progress in developing our battery technology, in August 2018, Calix was part of the successful ARC Training Centre for Future Energy Storage Materials awarded $4.4m by the Australian Government to advance Australia’s capabilities in advanced energy materials.

In February 2018, construction commenced on our LEILAC CO2 capture Project for cement and lime (https://www.project-leilac.eu/) which as at December 2018 remains on time and budget for commissioning in April, 2019. The project was mentioned in numerous global publications over the course of the year in the cement and wider climate sustainability press, and presented at major global cement and sustainability conferences.

Over the course of 2018:

• Our BOOSTER-Mag crop protection product continued returning positive field trails results, and attracted 3 major crop protection companies to commence their own independent trials under license.

• Our ACTI-Mag alkali dosing product grew sales in Australia, as well as commencing sales in Asia into biogas production facilities. This newsletter features one of our oldest customers in Australia for biogas production, and the sustained increased performance they have experienced.

• Our AQUA-Cal+ aquaculture additive expanded trials into China, Thailand, Vietnam and Indonesia – the largest farmed shrimp markets in the world, as well as expanding application into freshwater lake remediation via a successful trial to date in Malaysia. This newsletter features our push into China and our Asian team conference.

• Our PROTECTA-Mag sewer asset protection coating continued its market entry. This newsletter features our US market entry and two new partners we have signed on in California to progress our expansion there.

Our R&D team continued to develop the technology, with a new Australian Academy of Technological Science grant award funding collaboration with CERTH in Greece to help develop our high surface area magnesium oxide into medical / pharmaceutical applications. A patent application was filed covering this exciting new opportunity.

Calix also completed a successful IPO of the company in July 2018, was awarded the NSW Premier’s Export Award for Environmental Solutions and was a National Export Awards Finalist.

The Calix team look forward to continuing the company’s development in 2019, and thank all shareholders and supporters of the company, and wish you all a safe and happy Christmas and New Year.”