ITAP is a global leader in circular economy services including electronic asset disposition and hybrid recycling with over 11 years of experience. It has facilities across North America, Asia, and Europe to provide effective solutions for reintegrating components into second-life applications. ITAP focuses on extracting the highest value from electronic waste through responsible recycling certified to ISO standards and developing second-life battery solutions. It is currently working to establish operations and certification in Panama to further its global recycling and reuse services.

1. Bob Mullaney (CEO)
Repurposing Redefined
2nd Life
2023

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Global Footprint
Chatsworth, CA
(Corporate HQ)
Panama
Shenzhen, CH
Fanling, HK
Singapore
(International HQ)
For over (11) years; ITAP has been a global leader in the circular economy, processing over $800M through Electronic Asset Disposition and Hybrid
Recycling Services. Our global footprint, infrastructure and international experience provide the most effective solutions for the reintegration of components
into 2nd-Life applications. Our global solutions were built to extract the highest utilitarian value from all formats of electronic waste.

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Responsible
Recycling
ISO 14001:2015
Certified
ISO 45001:2018
Certified
ISO 9001:2015
Certified
Certifications
9+ Years
ITAP is Certified to process all Electronic Recycling &
ReUse On a Global Scale

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WHY ITAP?
ITAP Founded “Hybrid Recycling” & “2nd-Life Battery Solutions” in the USA. Providing the highest benefit to OEM’s, ITAD,
Consumers, and our Environment!
2nd-Life - Everyone Wins! Reuse = Sustainability
OEM
• Gets Paid, Great PR, Lower Environmental Impact &
Supports Carbon Neutral.
ITAP
• More Profit, Provides Best Solution, Supports
America.
Consumer
• Makes Newer Battery Technologies Affordable &
Attainable In The USA.
Earth
• Provides (85%) Carbon Offset & Saves Vast
Resources Through 2nd-Life Cycles.
ITAP = “ZERO-LANDFILL Solution”
• R2 v3, & ISO 9001, 14001 & 45001 Certified
Batteries Processed
• 220+ Megawatt Hours
• 40+ Battery Designs Globally
• 16,000,000+ lbs. Recycled
Proven Success w/ Fortune 500
• ZERO Incidents & Spotless Record
Closing the Loop
• Assisting OEMs with Circular Economy
RECYCLING & REUSING BATTERIES CAN REDUCE GREENHOUSE GAS
EMISSIONS AND SAVE ENERGY!

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Battery Repurposing & Recycling Solutions
Step 01 Step 02 Step 03 Step 04
Lithium Battery Hybrid Recycling: Simple Steps to 2nd Life
EV End of Life
Battery Pack Recall,
Car Accident, BMS
Issues, Pack
Degradation.
Pack Extraction
Pack is aggregated
and shipped via
LTL/FTL for
demanufacturing.
Cycle Testing
Each Module & Cell
are Triple-Cycle
tested, Load Tested
and Aggregated by
“Model & SOH Test
Report”
2nd Life Solutions
Batteries are re-built
for less demanding
applications to serve
a 2nd Life of 6-30
Years.

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Battery Repurposing & Recycling Solutions
Step
02
Step
03
Step
04
Step
01
EV End of Life
Battery Pack Recall, Car Accident, BMS
Issues, Pack Degradation.
2nd Life Solutions
Batteries are re-built for less demanding
applications to serve a 2nd Life of 6-30
Years.
Pack Extraction
Pack is aggregated and shipped via
LTL/FTL for demanufacturing.
Cycle Testing
Each Module & Cell are Triple-Cycle tested,
Load Tested and Aggregated by “Model &
SOH Test Report”.
Lithium Battery Hybrid Recycling: Simple Steps to 2nd Life
* All Propriety OEM Material & Scrap Remaining Recycled Per R2 Standards.

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Quantifying Carbon Credit
ITAP is Co-Authoring A Study With the Gov’t Labs to Quantify Carbon Savings
of Repurposing
Initial Estimates: 85%+ Carbon Savings!

8. Repurposing Battery Tech in China
China Saving Billions in Battery ReUse:
China is years ahead in lithium battery tech heavily practicing battery
reuse at scale. 2nd-Life Battery ReUse in China is a multi-billion dollar
industry with two (2) major players.
China Sourcing Power Grid State Grid
- -
Revenue $83.6 billion USD, Revenue $389 billion USD,
Southern Region (CN) Northern Region (CN)
2nd-Life EV Packs Can Stabilize Grid in USA
Chinese UHVDC grid infrastructure is designed for the future with 2nd-Life Energy
Storage. The USA needs 126,000/GWh of energy storage to stabilize our grid and
6/TWh to reach a goal of zero carbon renewable energy. We need to repurpose
1.6M EV Battery Packs to stabilize our grid in the USA.[(1,600,000) x (80kWh) = (128 GWh)]
China Grid Power
-
UHVDC (800kV-1100kV)
Coupled with 2nd-Life Batteries for Grid
Stabilization
USA Grid Power
-
HVAC (345kV-500kV)
NOT yet Coupled with 2nd-Life Batteries for
Grid Stabilization
China Government is “All-In” on 2nd Life
China’s Government is Fostering Energy Independence by Creating Testing and
Recertification Standards for 2nd-Life. Battery ReUse is incentivised due to
scarcity.
Green Energy Incentives exist for using
batteries to support green energy
Using repurposed batteries earns “Double
Points” in the subsidy

9. ● Indemnification of OEMs from downstream liability
● Creating a Rectification Standard For Repurposed Lithium Modules & Cells.
○ State Of Health and State Of Safety Testing Standards
○ Including Downstream Audits
● Certifying Qualified Integrators - Require a Certification To Build Repurposed Solutions.
● Trusted and Certified integrators who follow standards do not need outside certification.
(No need to re-list UL when swapping different compatible repurposed modules.)
● Designing For Repurpose: Requiring OEM to Standardize Module Communication Protocols.
● Require (or highly incentivize) OEMs to Design for 2nd-Life.
○ Proposing a standard module communication connector and communication protocol for cell monitoring
○ Further Incentives for Repurposing (In addition to “Double-Point System” Subsidy)
○ Quantify and Allow Carbon Credits for Companies Who Repurpose
China’s Proposed Legislation

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Proposals for Repurposing Success In America
04
01
Protecting OEMs:
• Indemnification of downstream
liability through legislation
• Require the debranding of the
modules when used for 2nd life
06
03
02 05
Creating a Rectification Standard
for all repurposed Lithium:
• State Of Health/State Of Safety
testing standards
• Downstream audits
Certify Qualified Integrators:
• Verify certified entities are
following Standards and protecting
OEM
Allowing For Repurposing:
• Proposed requirements by UL and
other standard ORGs do not allow
for repurposing
• Battery solutions should be allowed
to keep listing status if batteries
are swapped with repurposed
batteries from a qualified integrator
Incentivize Repurposing:
• Quantifying and allowing the use of
Carbon Credits when repurposing
• Green incentive bonuses for
repurposing
Require or highly incentivize
OEMs to design with repurposing
in mind
• Standardize module connectors and
communication protocols

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Powering The Future
01 02
ESS & Grid Stabilization
Mega-Watt Container Solutions For
Grid Stabilization, Grid Energy
Generation, Etc.
ESS & Grid Stabilization
Battery Pack Storage For EV
Charger Units, Battery Pack
Charging Integration, Etc.
ITAP is Currently Developing Solutions for Grid Stabilization and EV Charging
with Repurposed Batteries

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01
02
03
04
05
Reduce Carbon Footprint
Transfer liability from OEMs
Protect from Over-Regulation
Saving America’s Resources Allow Green
Energy Independence
Supporting ITAP’s 2nd-Life Goals

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The Case for Repurposing
● We must prepare for the batteries of the future
○ Sodium/Aluminum batteries are showing much promise
■ Safety - No thermal runaway concerns
■ Life Cycle
■ Non-hazardous materials and can ship at 0 Volts
■ Mass production in 2023 (CATL, BYD, etc)
■ Low cost production (no costly metals)
● Repurposing Batteries is the only way to have a positive downstream solution for LFP and
more-so for future batteries
● Repurposing Efforts Funded by Department of Energy
○ Partnership with government labs
○ Partnerships with Academia
○ Testing Technology and Automated Disassembly
● ITAP Leadership - ITAP is the largest repurposer of Lithium Batteries in the Americas

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Panama Progress Update
❏ Project started in Nov 2022
❏ 250,000 SQFT Two facilities in Free trade
Zone Nov 1st
❏ ITAP Panama operation started on Nov 1st
❏ SQG partnership agreement signed on Nov
20
❏ Eloop Green (Black mass) project set up on
Jan 2 2023
❏ 60 Employees Now
❏ R2 V3 by March 15th
❏ 250 Employee by the end of March
Gallery

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ITAP Panama: Black-Mass Facility

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17. Thank you for
your time!
Contact Us
Bob@GoITAP.com
(805) 428-4457
IT Asset Partners, Inc.
8966 Mason Ave
Chatsworth, CA 91311