Announcement PDF Delivering Wave Energy To The World USA Roadshow ASX: CCE OTCQB: CWGYF 2025 Wave energy is special ▪ Waves are concentrated wind energy ▪ Highly consistent and predictable ▪ Vast and untapped resource ▪ Most powerful when needed - winter ▪ 24/7 power = earns more ▪ Water density 1000x air (wind) density ▪ 5x less area required compared to wind ▪ Ocean space less constrained 2 CETO – The leading solution at scale A round object under water Our core technology is unique and avoids known issues Description automatically generated ▪ CETO operates fully submerged, avoiding issues of visual amenity and damaging forces from breaking storm waves ▪ Artificial intelligence helps us capture more by adapting to every individual wave that passes ▪ 1 MW capacity leads the industry Ranked #1 in largest global competitive tender ▪ Direct conversion to electricity (no hydraulics) delivers flexibility and efficiency gains ▪ CLICK TO SEE ANIMATION 3 3 Specifications Features Visual Impact None – fully submerged Extreme Wave Survival Deep diving, power production continues Installation & Recovery Small tow vessels, diverless and rapid with quick connectors Maintenance Swappable WECs at sea and PTOs in port WEC Rating 1000 kW Spatial Density 30 MW / km Capacity factor 30-50% Operational Range 0.5 - 14 m significant wave height Water Depth > 40 m (130 ft). Deeper sites simply require longer ropes Buoy Diameter 20 m (65 ft) Buoy Height 4 m (13 ft) 2 4 Future revenue sources ▪ Sell CETO and MoorPower systems ▪ Supply spares and assist with operations and maintenance ▪ Provide engineering services and software upgrades ▪ Revenues commence up to 4 years prior to commissioning Carnegie Business Model 350 GW is IRENA’s current estimate of ocean energy installed capacity by 2050 European Commission has 1GW ocean energy target by 2030 = €5bn of capex CETO units are estimated to be 75% of the construction capex 5 Where are we today ◄◄ Deploying large CETO prototype in Spain ▪ Construction underway ▪ EuropeWave contracted deployment - #1 ranking ▪ Team in Bilbao, Spain and Fremantle, Australia ▪ Funding pool of US$ 7.9m from 3 separate awards MoorPower commercial scale design ►► ▪ Scaled Demonstrator project complete ▪ Commercial development commenced ▪ Global market engagement underway 6 What’s next? ▪ Finalize CETO commercial scale design ▪ Secure CETO array project ▪ Deliver commercial MoorPower 7 What is the opportunity? ❶ ❷ Understand the potential • Emerging new renewable tech • CCE is a world leader ❸ Follow our progress • Invest in us 16,000+ followers Be part of the innovation that will unlock the power of the world’s oceans 8 Thank you Carnegie Clean Energy Ltd Head Office 21 North Mole Drive, North Fremantle Western Australia 6159 +61 8 6168 8400 Carnegie Clean Energy LLC 1500 Michigan St, San Francisco, CA 94124, United States CEO: Jonathan Fievez Chairman: Anthony Shields shareholders@carnegiece.com carnegiece.com 9