ersonal use1 6 N O V E M BonlyE R 2 0 2 1

November 2021 Business Update

World leaders in water remediation

Strategy progress over last 12 months

onlyuse

ersonalDelivery remains on track with focus on geographic expansion and product development

Reset stable,

Accelerated geographic

Board renewal process

restructured business

commercialisation

platform in China

Resume trading on ASX

A more balanced

Manufacturing review

geographic exposure

and decision on new

plant location

Appoint commercial

R&D review

Improved reporting;

leads…….

expand commercial

resources; manufacturing

/ supply chain efficiencies

Canadian product

Focused R&D investment

Deliver revenue growth

registration review

to deliver new products /

and return company to

services

sustainable profitability

2

Canada

Europe

Significant resources deployed and

generating good demand, but

Kralinglse Plas (Rotterdam)

regulatory position remains complex

application 50% complete,

and slow to resolve

significant promotion and

Delays due to COVID and elections

media coverage - COVID watch

Projects ready to start in Quebec,

Application at Lyngsø Lake in

Ontario and Alberta - R&D permit as

Silkeborg, Denmark will be

i terim step unlikely in short term

invoiced end 2021 / applied

only

early 2022

New Commercial Lead in place,

generating positive leads

use

USA

Several western Europe projects

planned, including newer Spain

Distribution expansion

and France markets

discussions progressed -

further announcement soon

South America

Strong leads emerging with

Solid progress in Brazil despite

ersonal

previously untapped

COVID and freight issues

customers

hampering current sales

Opportunities in other South

American countries opening up

Current and prospective activity

China

New General Manager commenced

8 projects completed (end October 21 ) of 22 currently contracted across various provinces

Australia & NZ

Completed works in Western Australia and Queensland

City of Auckland application on hold due to COVID

Strong projects developing in both countries, with NZ distributor, sales agent, applicators and public relations support appointed

3

2021 project status summary - updated

ersonal use only

Contracted sales1

Heads of agreement1

High probability1

63% of forecast tonnes

18% of forecast tonnes

19% of forecast tonnes

ANZ

China

Europe

South America

United States

1As at November 2021 4

Growth Strategy Key Drivers

R E S U L T S

ersonal use only

PET is building a platform of sustainable and profitable growth by expanding market access across multiple geographies and products. In support of that strategy, the company has undertaken reviews across key areas of the business.

People,

Performance &

Culture

2 0 2 1 H A L F Y E A R

Research &

Manufacturing

Development

& Supply Chain

5

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Phoslock Environmental Technologies Limited published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 00:25:04 UTC.