Scirocco Energy : London South East Webinar

Scirocco Energy

London South East Webinar

September 2021

Disclaimer

The information contained in this document ("Presentation") has been prepared by Scirocco Energy plc (the "Company"). It has not been fully verified and 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").

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-looking statements to reflect events or circumstances after the date of this Presentation.

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 Presentation nor anything contained herein shall form the basis of any contract or commitment whatsoever.

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Scirocco Energy overview

An energy company in transition

Monetise legacy assets for reinvestment in renewable energy sector

Where we were

Investments in diverse portfolio of natural resource assets

Typically, early stage with high potential reward but high risk

Uncertain timelines and associated funding requirement

3 to 5	Manage legacy
year	assets for
value, exits for
vision	shareholders

Where we are

Made first investment in the renewable sector funded by sale proceeds of Helium One position

Ruvuma licence extended and operational plan clearly established

Process to monetise legacy assets continues with timeline closely linked to operational plan

New investments in target classes using both equity and asset backed leverage

Where we are going

A diverse portfolio of cash generative assets within the sustainable energy and circular economy sector

Deliver return through dividend and capital growth

£150 million EV invested asset base Cash flow c. £20M p.a.

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Creating an energy-oriented company underpinned by cash flow

Scirocco will acquire cash generative assets within each of the three target areas to construct a portfolio capable of supporting attractive dividend yield and further growth through re-investment

Our strategy

Assemble a diverse portfolio of cash-generative assets, creating a self-funding platform

Execution

Leverage significant industry expertise and relationships to identify, acquire and maximise value from target M&A opportunities

Our vision

Grow Scirocco into the premier transition energy focused AIM vehicle through acquiring a portfolio of transition energy assets

Recycle

cash flow

TARGET ASSET CLASSES

ENERGY	CIRCULAR	VECTOR
Assets where the	Assets involved in	Assets involved in
primary function	the recovery of	the storage,
is the generation	valuable	transmission and
of energy from	coproducts from	delivery of energy
renewable or	waste streams	within low carbon
sustainable sources		systems

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