Fairmat - Serie A Deck

2. Creating
a sustainable
future for carbon
fiber composite.
July 2022

3. 3
By 2070, 190M of tons of carbon fiber
composites from planes, wind turbines,
hydrogen cars, and many other
technological innovations will be
wasted. Recycling as it is done today
is neither sustainable nor scalable.
It’s a 9,5 Tn dollars value wasted.
Currently, there are 2 bad options for
most of what’s been produced or
dismantled : incineration or landfills.
And when traditional recycling exists,
it imitates the virgin material without
retaining its original value.
To the contrary, it destroys it all at
higher economic and ecological costs.
FAIRMAT technology
takes up the challenge
to create new value and
circularity to
high-performance
materials.
An unsustainable
issue of sustainability
and progress

4. 4
Virtuous recycling
for high-performance
materials
Our Vision
Recycling virtuously carbon
fiber composite for reuse,
delivering a positive impact
for the planet.
Our Mission

5. We turn to digital technologies to realize
Fairmat’s ambition
5
This is the transition that recycling needs to
become scalable and sustainable. We are proposing
the manufacturing movement that’s changing
everything. Our tech pillars are based on :
We apply our deep expertise
in automation and robotics,
integrating smart technologies
wherever possible.
This digital transformation
enables the standardization
of our material and the
scalability of our tech solution.
Machine
intelligence
Modelling
techniques
Digital twin
architecture
Robotics

6. Quest Products
For manufacturers looking for
performance and sustainability
Recycling
For industrial players with
large amounts of composite
waste
A commercial offering: 3 lines of business
to help entire industries to get sustainable and unconstrained solutions.
Infinity Solutions
For manufacturers looking for specific
features
Fairmat collects & recycles
carbon fiber composite scraps
and EOL parts.
Lower your costs & reduce your
environmental impact
A bespoke experience
“digitally handmade”
Access a high-performing raw material
with specific features
Fairmat provides standard
compounds, prepregs & panels
Bring sustainability and performance
to your products in a seamless way
6
For manufacturers looking for
the perfect raw material

7. And naturally ready to pay their « fair » price
FAIRMAT avoids emitting c.10 tonnes
of CO2
e per ton of waste recycled*
By-product
Carbon credit revenues
€XXX/t
FAIRMAT generates €XX of revenues
per kilogram of its new fair mat(erial) sold.
Downstream
New material revenues
€XXX/t
7 The assumed price of one ton of CO2
e is €85.
For 1 ton recycled, Fairmat generates at least
€XXXk of revenues
Recycling one ton of carbon fiber
composite amounts to €XXX.
Upstream
Recycling revenues
€XXX/t

8. Our value
proposition
Fairmat averts CO2
by virtuously
recycling carbon fiber-based composite
and producing a new recycled material
with a low-carbon footprint, better than
most of the materials used.
8

9. 9
Prior to Fairmat, Benjamin was CEO and cofounder of Expliseat, created in 2011. He is a world-class entrepreneur
of the aerospace industry, known for being the co-inventor of the TiSeat©, the world’s lightest aircraft seat.
Ben is a co-inventor of 15+ patents and an Entrepreneurship lecturer at Engineering School Mines ParisTech
– Université PSL where he graduated in 2011.
Ben Saada
CEO & Founder He has been recognized multiple times and received prestigious awards.
Personality of the year 2020
Alexandra Pelissero
Chief Brand Officer
Julien Pascal
Sales Director Recycling
Fabrizia Clevering
Head of Legal
Nadim Haswani
Chief Financial Officer
Antoine de Saint Affrique*
CEO Danone, Board Member Burberry
A team of experts to lead the growth
Raffi Kamber
Singular Co-founder
Vincent Mallinger
Sales Director Materials
* Board observers
José Feigenblum
Head of R&D Applications
Anne Quillet
Marketing Director

10. Our early traction has been exciting
with an exceptional inception rate
+40 people including senior executives
from strategic industries
Factory building opened
2 patents filed and others on-going
10
Exceptional commercial success for both
Recycling and Material (product applications)

11. Our early traction has been exciting
with an exceptional inception rate
XXX
XXX
A 10-year Agreement with leading carbon
fiber player signed : Hexcel (NYSE: HXL)
11

12. Particularly exciting early success in Recycling, securing
materials sourcing
Mar 21
March 22
As of July 22
➔ 1315 tons / year secured
XXX
➔ 11 R&D partnerships signed
➔ 39 deals opened
➔ c. 200 materials references
validated
Nov 21
Graph
Graph

13. Next step :
XXX
and we have some
great ways to grow.
FAIRMAT has secured
1315 tons of CFRP scraps
Y2020 WW CFRP
Industrial Scraps
15,500
tons
China
28%
North America
26%
Other Asia
19%
Other
6%
Europe
21%
Fairmat
8%
In 18 months, Fairmat has secured
more than 35% of EU double digit
growth market on our 1st
vertical
(scraps)
13 *Carbon Fiber Reinforced Polymers

14. 14
Target Markets Main Engaged Companies Selected Applications
Mobility
Consumer
Electronic
Lifestyle
Leisure goods & Sports
Scale targets
Client engagement for our material across all our target
sectors is very encouraging
Logos
Logos
Logos
Logos
Graph
Graph
Graph
Graph
Logos
Logos
Logos
Logos

15. Our technology brings concrete benefits - few examples
MARKET
Company
Fairmat use case
Other contacts
Need
15
Mobility Electronic Goods Sport & Leisure
Logos
Company 1 Company 2 Company 2
Logos Logos

16. ❏ XXX contracts signed
❏ XXX additional collaborations expected by year end
Leading to a very solid materials pipeline
and concrete collaborations
16
Key signed contracts
€XXM (by end of 2024)
of potential revenues
in current pipeline.
Logos

17. We have a clear view on our scalability path
17
We will use our technology to only market the intrinsic value
and deliver the promise of “FAIRMAT XXX”
A B
2022
Fairmat sources
materials
2024
Inside
Fairmat owns and runs
the technology process
and creates a recycled
material
2021

18. 18
Financing
Seed: June 2021
€8.6 M
Serie A:
Tech Pre-market leading position
USA
Product Adoption
Marketing investment
Market traction
Product launch
Strategic launch
Industrial set-up

19. Forecast
19
➔ Materials commercial pipeline standing at €XXM of potential revenues
◆ Exceeding 2026 BP revenue generation.
X%
EBITDA Margin
€X
Turnover
Graph

20. -10kg of CO2
per kg recycled with
190
millions
tons of wastes
Averting
2 trillion
of kg of CO2
emissions
20

21. WWW.FAIRMAT.TECH