Plan to expand operations to the Southern Tier - 76 West

1. Enabling the True Potential of Li-ion Batteries.
Investor Presentation
May 12th, 2016
Contact:
Fernando Gómez-Baquero, CEO
Fernando@bess-tech.com
© 2016 besstech | bess-tech.com
THIS IS A CONFIDENTIAL INVESTOR PRESENTATION OF BATTERY ENERGY STORAGE SYSTEMS - TECHNOLOGIES LLC,
CONTAINING ITS STRATEGY, TECHNOLOGY AND OTHER PROPRIETARY INFORMATION. ANY DUPLICATION OR TRANSMISSION OF
THE ACCOMPANYING INFORMATION WITHOUT THE PRIOR EXPRESS PERMISSION OF THE COMPANY IS STRICTLY PROHIBITED.
THIS IS NOT AN OFFER TO SELL, NOR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES. AN OFFER, IF ANY, WILL BE
MADE ONLY PURSUANT TO OFFERING DOCUMENTS TO BE PRODUCED HEREAFTER AND MADE AVAILABLE TO QUALIFIED
INVESTORS, ALL IN ACCORDANCE WITH APPLICABLE STATE AND FEDERAL SECURITIES AND BLUE SKY LAWS.

2. Not enough energy,
slow charging
Limiting design
Sources: NAATBatt.org. iFixit iPhone 6 Plus Teardown. BMW.
We need better batteries!
© 2016 besstech | bess-tech.com 1
Limits adoption, too
expensive
No cost reduction
roadmap
Dirty, energy intensive,
uses unfriendly chemicals
Most ends up in landfills,
poorly reycled

3. Improving the anode we can increase the
energy in batteries, reduce their charging
time, improve their power.
Anode alone is a $3 billion opportunity,
20% of Li-ion market:
• Electronics/Industrial CAGR: 18%
• Automotive CAGR: 37%
• Wearables: CAGR: 400%
Sources: Navigant Research.
Opportunity: better anodes, better batteries
© 2016 besstech | bess-tech.com 2

4. About Besstech
© 2016 besstech | bess-tech.com 3
• Vision: to be in every lithium-ion battery in
the world
• Mission: is to create the highest performing
designs that will enable revolutionary
lithium-ion batteries
• Use silicon in anode to improve
performance, cost, and safety
We are the “Intel Inside” of batteries

5. Accomplishments and traction
© 2016 besstech | bess-tech.com 4
2010-2012
• Unique silicon nanomaterial @ SUNY Polytechnic Institute
• 5 grants awarded (NYSERDA, NSF) for R&D on materials science; $1.5 M.
2013-2014
• First private investment $300K
• First functional battery prototype on 18650 cells
• Established partnership with Meyer Burger (Netherlands) B.V.
2015-2016
• Second private investment $400K
• Core patent awarded in 3 countries: US, Japan, and Singapore.
• Two customer programs:
Fortune 500 company in power tools
Fortune 100 company in wearables

6. © 2016 besstech | bess-tech.com 5*Awarded grant and recognized by New York State Pollution Prevention Institute
Validated value for customers
Better
Performance
Cheaper, Better
Manufacturing
Safe and
Ecofriendly
Batteries with 50%
more energy
Full charge in 15
minutes or less
10% production cost reduction –
increased profits
$10-$15 Million savings per $50
Million plant expenditure
Reduces anode material
use by 75%
117K tons per year of
material fully recyclable
and even reusable*

7. Competitive advantage
© 2016 besstech | bess-tech.com 6
“Silicon can double the volumetric capacity”
- Dr. Stanley Whittingham – Binghamton University
Lifetime
Chargingtime
0.1h
1hour
Sila
1000 cycles1 cycle
Graphite
CLBattery
Amprius
Nexeon
XGSciences
EnergyCapacity
(mAh/g)
1500
Graphite
Manufacturing cost
1000
$5/m2 +$10/m2
500
Amprius
Nexeon
Sila
CLBattery
XGSciences

8. © 2016 besstech | bess-tech.com 7
Meyer Burger
2. Battery
Manufacturers
Sells tools as part of a Besstech license
Exclusivity fees
Gas and foil suppliers
1. Industrial
Consumers of
Batteries
Design fees
Royalties per battery
Joint Venture
Licensing and fabless business model
Market pull
Joint Venture
Advantages
• Market pull
• Fabless and low capex
requirements
• High margins
• Proven in semiconductor
and solar industry
Licensing on new recipes

9. Producing low volumes, ready to scale
© 2016 besstech | bess-tech.com 8Images of cell build with Polaris Battery Labs, LLC
• Technology tested and integrated in batteries of all formats
• Currently producing +100 anodes per month in industrial sheet-2-sheet tool
• Looking to scale to roll-2-roll equipment can process millions of anodes per year
Besstech’s component Cut to desired battery size Improved Battery

10. 76West / Southern Tier Plan
© 2016 besstech | bess-tech.com 9
Binghamton Manufacturing
Demo Center
Binghamton University to invest $3.6M in
tooling
Location:Endicott Huron 258
Meyer Burger to set up a Binghamton
operation and give $86K in kind to SUNY
Silane Gas Supplier considering in-kind
and monetary contribution
$250K $500K $1M
1 direct hire
Pay Binghamton
University for tool
time
Finish development
program for power
tools
Apply for additional
private and grant
funding
2 more directhires
Finish development
program for
wearables
Customer work:
Nike
Logitech
File for new IP on
electrode design
2 more directhires
Customer work:
LG Mobile
Samsung
Virideon
Aachen
Rimac
$2 million investment
from strategic
License technologies
from Binghamton
University

11. 5 year plan in Endicott / Binghamton
© 2016 besstech | bess-tech.com 10
• Initial revenue from design programs, revenue growth from license and royalties
• Binghamton tooling is all we need to continue designing products, no CapEx for scaling
• 40 direct jobs and 20 indirect because tool capability will attract several more companies
(values in $000) 2016 2017 2018 2019 2020
Design revenue $575 $650 $550 $700 $770
Licensing Revenue $0 $1,300 $8,150 $15,150 $17,000
Royalties revenue $0 $600 $4,500 $7,500 $10,920
Total revenue $575 $2,550 $13,200 $23,350 $28,690
Total expenses $2,061 $3,824 $4,235 $5,753 $6,500
EBIDTA ($1,486) ($1,274) $8,965 $17,597 $22,190
Required Investment $1,500 $1,500 $0 $0 $0
Cummulative direct jobs 5 10 20 30 40
Cummulative indirect jobs 2 5 10 15 20

12. Besstech’s Management Team
© 2016 besstech | bess-tech.com 11
Fernando Gómez-Baquero, Ph.D.,
CEO and Founder
10 years experience developing
nanotechnology-based applications.
Bruce Toyama
VP of Product Development:
20+ years experience in energy materials
Formerly with Energ2
Doug Grose, Ph.D. MBA
CTO
Former CEO of Global Foundries.
25 years career at IBM.
Funding and Business SupportManufacturing PartnersScientific Partners

13. Enabling the True Potential of Li-ion Batteries
Fernando Gómez-Baquero, Ph.D.
CEO
Fernando@bess-tech.com
© 2016 besstech | bess-tech.com