the power within - exro technologies...corporate structure capitalization as of may 25, 2020 issued...
TRANSCRIPT
The Power Within
©2020 EXRO TECHNOLOGIES INC.
CSE –XROOTCQB - EXROFWWW.EXRO.COM
Disclosure StatementThe information provided in this presentation material contains forward-looking statements.
These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance and achievements to be materially different from any future results, performance or achievements expressed or implied by the statements.
The Company does not assume the obligation to update any forward-looking statements.
©2020 EXRO TECHNOLOGIES INC.
What is Exro?Exro is a software design company that creates an Electric
Program Module (EPM), effectively a computer chip,
that communicates directly with an electric motor
and powertrain.
This EPM uses a machine learning algorithm that
integrates into the power electronics and essentially
acts as the ‘brains’ of the system.
With patented Real-Time Coil Switching Technology,
the EPM modifies the output and behavior of an
electric motor, on-the-fly.
©2020 EXRO TECHNOLOGIES INC.
EXROtechnology makes
existing electricmotors smarter and
more efficient.
©2020 EXRO TECHNOLOGIES INC.
High Torque Output
Electric Motor LimitationsBecause of the static nature of an electric motor, machines like
electric bikes, skateboards or scooters, are configured for optimal
performance on flat roads. But when going uphill or pushing
significant weight they quickly reach their limits.
To compensate, high performance vehicles like Porsche or Tesla use
two or more motors and multiple gearboxes to get the range of
power they need. One motor configured to deliver low-end torque
and another motor configured for high-end speeds.
High Speed Output
©2020 EXRO TECHNOLOGIES INC.
The ExroDifference
EXRO's technology performs a coil switch in real time
as it learns the demands of the system.
A single motor can repeatedly change from a high
speed to a high torque configuration on-the-fly,
seamlessly, and under demand.
It's all done electronically.
This coil switch is totally fluid, the user in the vehicle
or operating the machine doesn't feel a thing.
©2020 EXRO TECHNOLOGIES INC.
Exro is SoftwareThe electrification industry is under immense pressure
to increase performance and efficiency, both from
consumer demand and environmental perspective. But
there is a large gap between creating a new motor design
and having it integrated by manufacturers.
With Exro, manufacturers do not need to change their production line and/or tools.
WHAT WE DO is make existing motors smarter.
HOW WE DO IT is through the power electronics.
.
©2020 EXRO TECHNOLOGIES INC.
EXRO EPM
Exro technology is completely scalable.
Applicable in any application from scooters, to bicycles, to power tools, to cars, to 18wheelers, and everything in between.
What Intel is to computers EXRO is to electric motors
©2020 EXRO TECHNOLOGIES INC.
Real World ResultsExro recently announced the results of their partnership and real-world road tests with electric bike manufacturer Motorino
After integrating the Exro software and EPM into
their existing motor and powertrain, the
Motorino bike was able to achieve a 25% increase in their top speed, and a 25% increase to their low-end torque.
Current Output Range
Increased Torque +25%Increased Speed +25%
©2020 EXRO TECHNOLOGIES INC.
©2020 EXRO TECHNOLOGIES INC.
30
40
50
60
70
80
90
100
0 500 1000 1500 2000
Effic
ienc
y
RPM
A 15.8 Kg*m
EfficiencyETR-ENABLED
Seamless Switching Optimization
Performance GainsReduce or potentially eliminate mechanical gearboxes
EXRO technology can effectively turbo charge the overall performance and efficiency of an existing motor.
In the performance automotive industry, where they use multiple motors and gearboxes, the technology has exponential effects.
In addition, as the EPM learns the demands of
the system, it changes the coil configuration of
the motor in a way that creates the functionality
of a mechanical gearbox. This is done
electronically, inside the motor, and effectively
acts as an electric gearbox.
Save Cost
Save Space
Save Weight
©2020 EXRO TECHNOLOGIES INC.
Commercialization
Exro is focused on commercialization in mobility platforms. Any variable torque application, is an application for Exro.
But we're not a plug and play design. Our technology needs to be specifically programmed to a specific motor configuration.
Our commercialization and licensing strategy is centered
around our Partner Development Phase.
©2020 EXRO TECHNOLOGIES INC.
CYCLE WATERCRAFT SNOWMOBILE AUTOMOTIVE AGRICULTURE
Exro ProjectsCo-Development projects
©2020 EXRO TECHNOLOGIES INC.
Exro 2020 Partners
We identify potential partners based on the efficiency
and performance upgrades expected by adding Exro's
EPM technology.
We have targeted 8 development partners by end of
2020. In addition to the prestigious brand names, our
research is helping us find those companies where we
can achieve the most success, drive consistent revenue,
and create the greatest impact on our story.
It is a 12-week co-development process through the
software development phase to real world testing.
©2020 EXRO TECHNOLOGIES INC.
Intellectual Property
Exro has 15 patents granted, 8 pending, and several others in development.
Exro employs a comprehensive technology protection strategy.
©2020 EXRO TECHNOLOGIES INC.
The results, the process, and the core
technology have all been verified and proven.
"Exro Technologies Inc. (Exro) developed a novel Electric Gearbox Concept (EGC) that enables electric motors to operate more efficiently in an extended range of their loading and speed.."
"..mechanical components of the power train transmission (gearboxes) can be eliminated."
"In addition to the motor's capability to attain higher efficiency performances, the EGC may enable higher efficiency values of the power train (mechanical) system by eliminatingthe mechanical power losses dissipated in mechanical gearboxes..."
Technology validation conducted by:ELEN-MECH. Consulting Inc.Dr. Constantin Pitis P. Eng.,CEM, Pr. Eng. MIEEE
3rd Party Validation
©2020 EXRO TECHNOLOGIES INC.
Global Market Size
63B 55B 14B
BIKES, SCOOTERS
E-RECREATIONAL; SNOWMOBILES,
BOATS, ATVS
ELECTRIC VEHICLES
Electric motors are the single biggest consumer of electricity. They account for about two thirds of industrial power consumption and, about 45% of global power consumption, according to a new analysis by the International Energy Agency.
©2020 EXRO TECHNOLOGIES INC.
Corporate Structure
Capitalization as of May 25, 2020
Issued & Outstanding – 82,880,249
Fully Diluted - 94,743,580
2020 Burn rate = 350k per month
Financial runway: Q4 2020
CSE – XRO
OTCQB: EXROF
www.exro.com
©2020 EXRO TECHNOLOGIES INC.
Executive Team
SUE OZDEMIR
JOHN MEEKISON
JOSH SOBIL
ARI BERGER
STEVEN MOON
CEOJoined in September 2019 from GE where she was CEO of GE
Industrial Motor Group.
CFOJoined Exro in 2017 and is a career CFO with over 29 years
experience including 15 years in corporate
finance with a focus of raising equity capital for North American
technologycompanies.
CCOJoined in November 2019, coming from
Siemens where he was Mining Segment
Leader.
CTOJoined in August 2019, Ari holds a
masters in systems controls engineering from Israel Institute
of Technology.
CPOJoined in January 2020. He has over 18 years
of experience in product innovation at
various technology start up companies,
including CorvusEnergy.
©2020 EXRO TECHNOLOGIES INC.
Board Of Directors
MARK GODSY
JILL BODKIN
FRANK BOROWICZ
Serial entrepreneur involved in many
successful ventures including two of
Canada's most successful companies
including ID Bio-Medical, which became
Canada's largest vaccine company and
the fifth-largest in the world; and Angio-
tech Pharmaceuticals, which created
the first coated stent, which has gone
on to save tens of millions of lives.
A distinguished career including past
director of Westport Innovations, where she
was instrumental in institutional andventure
capital. As British Columbia's first female
Deputy Minister in 1981, she was also the
founding chair of the Securities Commission.
Then, in the private sector, Jill worked for a
decade as a partner in the international firm
of Ernest and Young. She has been honored
with the Governor Generals Canada 125
medal, the Lifetime Achievement Award of
Association of Women in Finance.
Has over 40 years experience in
corporate governance, regulatory
compliance, conflict resolution and risk
management. He is a prominent arbitrator,
mediator, and governance advisor to public
organizations and private corporations, and
is a retired partner of the international law
firm, Davis LLP (DLA Piper). A graduate of
Harvard (LLM), Dalhousie (LLB) and Loyola
of Montreal (BA), Frank was formerly a law
professor at the University of Windsor,
and a founding faculty member of the
University of Victoria Law School.
©2020 EXRO TECHNOLOGIES INC.
Board Of Directors
DAN MCGAHN
JONATHAN RITCHEY
EAMONN PERCY
Currently CEO of American Superconductor Corporation
("AMSC"). Joined AMSC in 2006as VP, Strategic Planning and Corporate Development, later
promoted to President and COO responsible for AMSC's global operations. Holds a
M.Sc. and B.Sc. in Engineering, MIT.
Founder, inventor and chief designer for Exro's technology.
Global business growth advisor and cleantech expert. Former President of Powertech Labs
(leading global utility engineering products and services company).Former VP, Operations of Ballard Power Systems (a leading fuel cell
company). B. Eng. (Electrical) & MBA (Finance).
©2020 EXRO TECHNOLOGIES INC.
Business Advisory Board
DARRYL WILSON
ANDREAS TRUCKENBRODT
VIOREL NICA
Chairman of Business Advisory Board
Retired- GE Executive Officer at GE Power
Retired - past Head of Advanced Vehicle
Engineering for Daimler
Currently Schneiders Canada Services Director
©2020 EXRO TECHNOLOGIES INC.
Executive Team Bios
©2020 EXRO TECHNOLOGIES INC.
Sue Ozdemir, CEOJoined in September 2019 from GE where she was CEO of GE Industrial Motor Group.https://www.exro.com/news/sue-ozdemir-joins-exro-as-its-new-chief-executive-officer/
John Meekison, CFOJoined Exro in 2017 and is a career CFO with over 29 years experience including 15 years in corporate finance with a focus of raising equity capital for North American technology companies.https://www.exro.com/news/exro-announces-appointment-of-new-chief-financial-officer-and-closes-divestiture-of-legacy-assets/
Josh Sobil, CCOJoined in November 2019, coming from Siemens where he was Mining Segment Leader.https://www.exro.com/news/exro-announces-josh-sobil-as-chief-commercial-officer/
Ari Berger, CTOJoined in August 2019, Ari holds a masters in systems controls engineering from Israel Institute of Technology.https://www.exro.com/news/motor-control-expert-ari-berger-joins-exro-as-cto/
Steven Moon, CPOJoined as our Chief Product Officer in Jan.2020. He has over 18 years of experience in product innovation at various technology start up companies, including Corvus Energy. https://www.exro.com/news/exro-appoints-chief-product-officer-to-advance-2020-commercialization/
Thank you
©2020 EXRO TECHNOLOGIES INC.
Email: [email protected]: 604-674-7746
Jake Bouma: 604-317-3936Vic Allgeier: 646-841-4220www.exro.com