Investment Director | Cleantech Ventures Eco Innovation Forum 26 May 2011 Mark Bonnar Investment Director | Cleantech Ventures

Cleantech Ventures Funds Under Management Cleantech Australia Fund (Innovation Investment Fund round 3) $50m first closed late 2007 10 year fund early expansion cleantech focus CEGT Fund (Centre for Energy & GreenhouseTechnologies) $30m investing since 2005 “evergreen” fund seed / early expansion clean energy focus Both funds actively investing!

Cleantech Ventures Investment Team Jan Dekker, Principal 20 years in cleantech Formerly CEGT, SEDA, NSW EPA, Sydney Water Andrew Pickering, Principal 11 years in cleantech Formerly CEGT, Deloitte, energy startups Mark Bonnar, Investment Director 15 years ICT, energy & manufacturing + PhD thin film PECVD Formerly CSIRO, Applied Materials Inc (US), VC start-ups Bill Nikolovski, Investment Director 25 years growing businesses in manufacturing and services Formerly IPSOS, NCS Person, Pilkington Automotive Julian Turecek, Investment Manager 16 years in the energy industry Formerly Origin climate change & carbon trading

Cleantech Ventures Portfolio Companies Renewable energy and desalinated water from ocean waves. High productivity welding tip which reduces energy consumption. Residential and commercial solar energy system design, supply & installation. Street lighting ballast control system - 25% efficiency improvement. Industrial recycling company recovering ZnO from electric arc furnace wastes. Ilum-a-Lite designs, manufactures and distributes a range of energy efficient lighting products and services, which save money and reduce the impact of non-renewable electricity generation on the environment. Semitech Semiconductor provides robust and reliable power line communications solutions, transforming the electricity grid into a smart grid.

Four ingredients of success. The product The TEAM A rising market Adequate capital

Don’t forget… and…

Case Study 1. Metallic Waste Solutions Pty Ltd (MetSol) MetSol is an industrial process recycling company focused on the recovery of high purity ZINC OXIDE from wastes such as Electric Arc Furnace Dust (EAFD) or galvanisers ash. The MetSol Process uses a patented chemical extraction and recovery method with exceptional efficiency and process economics. Benefits of the MetSol Process Low capital and operating costs Environmentally friendly Plant footprint is small and can be deployed on-site at the waste producer Global Market Global market for Zinc Oxide (ZnO) is >1.2 million tonnes per annum 50% of ZnO is used in tyre production Other uses: cosmetics, pharmaceuticals, paints, ceramics and agriculture High purity ZnO sells at a premium to LME zinc metal Current Status Cleantech Ventures invested with private investors at startup stage in 2009 Lab pilot and engineering design work almost complete Plans for first commercial plant well advanced Significant international interest from waste producers and existing zinc oxide manufacturers More info at: www.metsol.com.au 7

Case Study 2. Ilum-a-Lite Ilum-a-Lite designs, manufactures and distributes a range of energy efficient lighting products and services for commercial and industrial buildings. They are recognised as an industry leader in energy efficient lighting retrofit solutions. Customers include: Qantas, CBA, Tenix, Jones Lang La Salle, ANZ, McDonalds Restaurants (UK), Market Australian market for electric lights & lamps was A$1.5billion in 2008-09 Linear fluorescent lighting dominates commercial and industrial market and will continue to do so (Global Source data) LightEco Plus and Save it Easy target energy saving for fluorescent lighting in commercial industrial market LightEco Zone, LightEco LED and Luminaire upgrades apply to direct commercial and industrial or wholesale channels Typical paybacks less than 3 years without government subsidies Significant energy efficiency subsidies available in NSW, VIC and SA Current Status Cleantech Ventures invested late 2010 Company growing rapidly and recruiting in NSW, VIC and QLD Developing & introducing new products and distributing others (e.g. LED) Turnkey solution provider in energy efficient lighting retrofits Contact Ilum-a-Lite to find out how you can get up to 50% rebate on your next energy saving investment in NSW: www.ilumalite.com 8

Successful exits for Cleantech Ventures in 2009/10 Highly developed supercapacitor battery with increased power and lifespan. Advanced power-sensing/control to reduce standby power consumption High efficiency power station turbine blade resurfacing. Novel material additive for paints and coatings with one-way insulation properties

Thank you bonnar@cleantechventures.com.au : +61 408 848 341 10