Oracle Power Gold Investor Presentation Q3 2021

www.oraclepower.co.uk

Exploring for Gold Within the Prolific Eastern Goldfield Region of Western Australia

Disclaimer

The information contained in this confidential document ("Presentation")has been prepared by Oracle Power plc (the "Company"). It has not been fully verifiedand is subject to material updating, revision and further amendment. This Presentation has not been approved by an authorised person in accordance with Section 21 of the Financial Services and Markets Act 2000 ("FSMA"). Any person who receives this Presentation should not rely or act upon it.

While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or complete- ness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as "Information") and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, fromthe use of this Presentation.

This Presentation may contain forward-looking statements that involve substantial risks and uncertainties, and actual results and developments may differ materially from those expressed or implied by these statements. These forward-looking statements are statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, the Company's results of operations, financial condition, prospects, growth, strategies and the industry in which the Company operates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These forward-looking statements speak only as of the date of this Presentation and the Company does not undertake any obligation to publicly release any revisions to these forward-lookingstatements toreflectevents or circumstances after the date of this Presentation.

Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction and the right is reserved to terminate any discussions or negotiations in that regard. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent.

This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers,agents, employees or advisers. In particular, this Presentation does not constitute an offer or invitation to subscribe for or purchase any securities and neither this Presentationnor any- thing contained herein shall form the basis of any contract or commitment whatsoever. Any decision to subscribe for the Company's securities must be made only on the basis of the information contained in an admission document (or similar) in its final form relating to the Company, which may be different to the information contained in this Presentation. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and each recipient should satisfy itself in relation to such matters.

You should be aware of the risks associated with an investment in the Company and that in emerging markets, such as Pakistan, the risks are far greater than in more developed markets (including significant legal, economic and political risks) and that the Company could potentially lose the benefit of its assets in Pakistan. You acknowledge the high number of expenses and difficulties frequently encountered by companies in the early stages of development, particularly companies operating in emerging markets and you should be aware that this may lead to the loss of an individual's entire investment.

Neither this Presentation nor any copy of it may be (a) taken or transmitted into Australia, Canada, Japan, the Republic of Ireland, the Republic of South Africa or the United States of America (each a "Restricted Territory"),their territories or possessions; (b) distributed to any U.S. person (as defined in Regulation S under the United States Securities Act of 1933 (as amended)) or (c) distributed to any individual outside a Restricted Territory who is a resident thereof in any such case for the purpose of offer for sale or solicitation or invitation to buy or subscribe any securities or in the context where its distribution may be construed as such offer, solicitation or invitation, in any such case except in compliance with any applicable exemption. The distribution of this document in or to persons subject to other jurisdictions may be restricted by law and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction

2.

An Opportunity to be Part of an Exciting Prospect

"Oracle own, what we consider to be, very important gold licences in the heart of Western Australia, one of the richest areas of gold in the world. We continue to explore with the objective of developing significant gold mines. We have completed a maiden drill program at Northern Zone near Kalgoorlie, with assays pending, and now have 5 drill ready targets at JundeeEastthat we will drillshortly."

Naheed Memon,

CEO of Oracle Power

3.

Growth Strategy

• Oracle is moving swiftly towards establishing the expanse of the resource at both the tenements in WA through several exploration programmes
• Oracle aims to develop value for shareholders through either singularly and directly conducting studies and undertaking mining, or will seek an appropriate technical and financial partnership with an important and significant stakeholder in the gold mining industry globally
• Oracle has a track record of developing world class coal deposits to feasibility level, and accordingly all the exploration conducted will remain in compliance with internationalstandards (JORC)
• Oracle is also working on the development of large and important green hydrogen project in Pakistan
• In 2022, based on the success and progress of these two projects in WA, the company may also look to grow its assets in the region, if an attractive opportunity is presented and which can be undertaken, optimising costs and operational synergy

Investment Highlights

In November 2020, Oracle Power PLC embarked on a new and exciting gold strategy by acquiring two excellent assets in Western Australia

The two exploration opportunities acquired are located within the Eastern Goldfields Region of Western Australia, one of the largest gold producing areas in the world.

• Jundee East Project
• • 9km east of Northern Star Resources (ASX: NST) Jundee Gold Mine, produced >7Moz Au and is one of Australia's largest gold mines
  • Jundee Gold Mine FY21 has recorded estimated production of 270-300Koz Au (NST, Half Year Results Presentation 10th February 2021) and 5.4MOZ gold in Resources
  • Recent work by Oracle has defined 5 drill ready targets at Jundee East
  • Oracle has received government approval to drill and is sourcing a drill rig
• Northern Zone Project
• • 25Km east of Kalgoorlie
  • Multiple significant broad historical drilling intercepts exist, including;
  • 9m at 5.06g/t Au
  • 48m at 1.65 g/t Au
  • 217m at 0.51g/t Au
  • 10m at 2.1g/t Au
  • Maiden drill programme now completed that expanded on previous drilling, with assays pending

Jundee East Tenement - 9km east of the Jundee Gold Mine	5.