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ZeroE Water Dehydration Technology
North American Oil & Gas Shale Water Management
August 2022
2
People Employed
Water Safely
Vaporized
Outline
1
2
3
4
DZeroE Wastewater Application
5
PZeroE Produced Water Application
Questions
Cleantek Overview
ZeroE Water Dehydration Technology
Meeting the demand for socially responsible technology today
Cleantek Overview
4
Forward Looking
Statements &
Information Advisory
Please be aware that there is significant disclosure of confidential information in this presentation involving,
among other things, Cleantek, it's current and potential customers and the industries in which it and such
customers operate. The Cleantek board considers this disclosure necessary for Cleantek stakeholders and
other interested parties to assess the current financial and operational state and prospects of Cleantek, but
we emphasize that any dissemination of this information to any other party could expose Cleantek to serious
competitive risk. You are strictly prohibited from distributing, disseminating in any fashion or sharing this
presentation or the information contained herein unless expressly authorized by the company in writing to do
so. You should also be sure to read the advisory statement and other information below. Any investment in
Cleantek is considered highly speculative and involves a number of risks and uncertainties which need to be
considered prior to making any investment decision.
This Presentation contains information about Cleantek Industries Inc. (“Cleantek” or the “Company”), and the assets, operations, and finances thereof, that constitute “forward-looking information”.
These statements and information relate to future events. Forward-looking statements or information is frequently, but not always, characterized by words such as “will”, “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “budget”, “forecast”, “schedule”, “estimate” and similar expressions, or statements that certain events or conditions “may”, “should”, “could”, “might” or “will” occur and
specifically include statements pertaining to Cleantek future performance, business prospects or opportunities, including information concerning new products and strategies the Company is pursuing,
market trends, intended use of proceeds from any equity issuance, executive and management structure and future revenue, EBITDA, EV and share price or Company value projections or illustrations.
Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By
their nature, forward-looking statements include numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions,
estimates, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates of
projections of future performance or results expressed or implied by such forward-looking statements. Business priorities disclosed herein are objective only and their achievement cannot be
guaranteed. The forward-looking statements or information contained in this Presentation is based on the reasonable expectations and beliefs as at the date of this Presentation and involve numerous
assumptions, known and unknown risks and uncertainties, both general and specific to Cleantek and the industry in which it operates. Such assumptions, risks and uncertainties include, but are not
limited to: the inability to obtain regulatory approval for any operational activities; the risks of the oil and gas industry in general and the oilfield services business in particular, such as operational risks
in constructing and developing the Cleantek products, market demand and unpredictable shortages of equipment and/or labour; potential delays or changes in plans with respect to construction or
development projects or capital expenditures; fluctuations in oil and gas prices, foreign currency exchange rates and interest rates; reliance on industry partners; and other factors, many of which are
beyond the control of Cleantek. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of
Cleantek or industry results, may vary materially from those described in this Presentation. Although Cleantek has attempted to identify important factors that could cause actual actions, events, results,
performance or achievements to differ materially from those described in the forward-looking statements or information contained in this Presentation, there may be other factors that cause actions,
events, results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements or information will prove to be accurate, as
actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements and information are made or given as at the date of this Presentation
and Cleantek disclaims any intention or obligation to update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. The reader is
cautioned not to place undue reliance on forward looking statements or information
5
Company Overview
Cleantek Facilities
Calgary / Crossfield
Grande Prairie
Midland
St Clairsville
Cleantek is an innovative provider of patented, clean
technology solutions focused on reducing both cost
and carbon intensity in the wastewater management
sector across North America
Water Handling
Division (“ZeroE”)
Revolutionary waste heat to power solution
for gas processing facilities that significantly
reduces water disposal costs by treating and
dehydrating waste water on site
Patented ZeroE technology significantly
reduces the carbon footprint, emissions of
particulates and treats over 2.5MM barrels of
water per system annually
Lighting
Division
Variety of solar hybrid powered lighting
solutions that serve a number of industries
across North America
HALO crown mounted lighting system
providing financial, operational and
environmental benefits
TSX-V Symbol: CTEK
We strive to improve the communities we work in
and the lives of the people within
6
Who We Are
Make a positive impact
to the environment
through the responsible
development of clean
technology solutions
Provide commercial
benefits to our clients
through all product lines
Develop products with
strong barriers to entry
with an active patent
portfolio and first mover
advantage
ZeroE Technology
Leading Hydro sustainability
through technology
8
ZeroE
Technology &
Intellectual
Property
Cleantek’s patented technology is
a bolt-on solution that separates
waste concentrate and brine from
water at point-of creation.
Cleantek has invested over
$10MM on research, development
and capital assets for the proven,
patented ZeroE technology.
Harnesses the waste heat from
engine exhaust to facilitate the
evaporation of clean water to
atmosphere.
Scrubs and traps un-combusted
chemicals and particulate matter from
engine exhaust, in the concentrated
waste left for disposal.
9
ZeroE is a waste heat to power solution for gas processing
facilities and drilling rigs that significantly reduces water disposal
costs by treating and dehydrating wastewater on site
Cleantek’s patented ZeroE emission reduction technology is
positioned for major expansion and scale up across North
America
2017 2018 / 19 2020 2021 →
Platform Phase
Built and deployed
30+ DZeroE units for
the drilling market
Pilot / R&D Phase
Tested PZeroE pilot
unit on gas plant
and signed contract
with major E&P co.
Commercial Phase
First commercial gas
processing unit
operational in
October 2020
Growth Phase
Scale up with
additional units to
expand across
North America
Commercial PZeroE Install
Pilot Demonstration PZeroE Unit
DZeroE Dehydration Unit
Commercial Timeline
10
DZeroE
Wastewater
Evaporator
11
People Employed
Water Safely
Vaporized
DZeroE Wastewater Dehydration
12
Harnesses waste heat from
rig genset exhaust to
facilitate the evaporation of
Wastewater on drilling
locations
Operational benefits
ESG benefits
Commercial benefits
DZeroE Wastewater Dehydration
13
People Employed
Water Safely
Vaporized
DZeroE Drilling Wastewater Evaporator
DZeroE Dehydration Unit
14
People Employed
Water Safely
Vaporized
DZeroE Layout
15
People Employed
Water Safely
Vaporized
16
Boiler blowdown
Cement water
Water containing trace
amounts of polymers/gels
Cellar water
Lease/ditch water
Wash water
Waste Streams
17
Zero diesel
requirements
Minimal
maintenance
requirements
Automatic start
and stop
capabilities
System capacity
~80 bbls per day
No onsite personnel
required during
drilling operations
Remote
monitoring
Operational Benefits
18
Removes trucks from roadways
• Approximately 3 trucks per week
• Reduces emissions by 75 tons per
year
• Improves safety
Eliminates 3rd party water disposal
Reduces risk of environmental spills
Scrubs over 50% of diesel
particulate from engine exhaust
Muffles exhaust to mitigate noise
pollution
ESG Benefits
19
75 Tons per year equates to:
Equivalent to greenhouse gas emissions from:
16.2 gasoline-powered passenger vehicles
driven for one year
Equivalent to greenhouse gas emissions avoided by:
26 tons of waste recycled instead of
landfilled
Equivalent to carbon sequestered by:
88.8 acres of U.S. forests in one year
Carbon Reduction Equivalents
20
Reduced 3rd party disposal costs
Reduced transportation costs
Reduced mix-off material
Reduced risk of additional
remediation costs from
environmental spills
Commercial Benefits
21
DZeroE Business Case
Traditional Disposal DZeroE
Truck Capacity 100 bbls Rental Cost $3.89 per bbl
Transportation $100 per hour Service $0.89 per bbl
Travel 5 hours
Loading/Unloading 1 hour
3rd Party Disposal $4 per bbl
Total $10 per bbl Total $5.27 per bbl
Commercial Economics
Equates to annualized savings of $149,063
Financial and Operational Benefits
o Reduction in op costs through reduced
transportation and disposal charges
o Zero fuel requirements
o Zero personnel requirements during drilling
operations
ESG Benefits for the Client
o Eliminates trucks off local roadways and on location
o Reduced emissions
o Improved safety
o Exhaust scrubbing inherent to the system (~50% of
diesel particulate)
o Reduced off-site CO2 emissions that otherwise occur
at injection well facility
o Muffles exhaust to mitigate noise pollution
22
ESG Benefits
Trucks Off Road
People Employed
Waste Heat
to Power
Water Safely
Vaporized
Reduced Carbon
Emissions
DZeroE Value Proposition
23
PZeroE
Produced Water
Evaporator
24
People Employed
Water Safely
Vaporized
PZeroE Produced Water Dehydration
25
Harnesses waste heat from
compressor engine or flare
gas treating and vaporizing
Produced Water at the point
of creation
Operational benefits
ESG benefits
Commercial benefits
PZeroE Produced Water Dehydration
26
15% Brine trucked
to disposal
Client Facility
Gas Plant / Compressor Site
Gas + Produced Water
85% Clean treated
water returned safely to
the environment
ZeroE
Produced Water
Vaporization
Technology
Waste Heat
Produced Water
Natural Gas
PZeroE Process Flow
27
Operational Benefits
Vaporizes up to
85% of produced
water onsite
System capacity of ~250 bbls
per day
Reduces site traffic
Utilizes waste heat
as energy source
Eliminates produced
water storage
28
ESG Benefits
Eliminates over 350 trucks per
year off local roadways
o Reducing client’s carbon footprint
by over 200 tons per year
o Improving safety
Exhaust scrubbing inherent to the
system further reducing emissions
Treats and recycles over 2.5MM gallons
of water to the natural hydrologic cycle
each year per system
Reduced off-site CO2 emissions that
otherwise occur at injection well facility
200 Tons per year equates to:
29
Carbon Reduction Equivalents
Equivalent CO2 emissions from:
22,505 gallons of gasoline consumed
Equivalent to greenhouse gas emissions from:
43.1 gasoline-powered passenger
vehicles driven for one year
Equivalent to carbon sequestered by:
3,307 tree seedlings grown for 10
years
30
Reduced 3rd party disposal costs
Reduced transportation costs
Reduced risk of additional
remediation costs from
environmental spills
Carbon credit potential
Commercial Benefits
31
Commercial Economics
Equates to annualized savings of $456,250
PZeroE Business Case
Traditional Disposal PZeroE
Truck Capacity 100 bbls Rental Cost $4.50 per bbl
Transportation $100 per hour Service Included
Travel 5 hours
Loading/Unloading 1 hours
3rd Party Disposal $3.50 per bbl
Total $9.50 per bbl Total $4.50 per bbl
32
Site Specific Requirements
Water quality
o Total Dissolved Solids (TDS)
o 0-60,000PPM
Water volume
o Input volumes of 315 bbls per
day +
o 155 bbls per day units
available
o Scalable with multiple units
Waste heat source
o Compressor exhaust
o Flare gas
33
Commercial Considerations
Multi year contract
Customer invoiced only for
volume vaporized (per bbl)
Budgetary pricing - $4.50 per bbl
Minimum water volume
commitment
Potential for brine reuse
(workovers, drilling fluids, blending for frac, mineral extraction)
PZeroE Value Proposition
Economic Value to the Client
o Zero upfront capital costs for the client
o Pay is only based on volume of water vaporized
o Water disposal cost savings
o Long term contracted cost certainty
ESG Benefits for the Client
o Eliminates over 350 trucks per year off local
roadways (per unit)
• Carbon footprint by over 200 Tons per year
• Improving safety
o Facility exhaust scrubbing inherent to the system
o Treats and recycles over 2.5MM gallons of water
to the natural hydrologic cycle each year per
system
o Reduced off-site CO2 emissions that otherwise
occur at injection well facility
34
ESG Benefits
Trucks Off Road
People Employed
Waste Heat
to Power
Water Safely
Vaporized
Reduced Carbon
Emissions
7903 W Industrial Ave
Midland, TX 79706
www.cleantekinc.com
+1 (403) 567 8700

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LEADING HYDRO SUSTAINABILITY THROUGH TECHNOLOGY

  • 1. ZeroE Water Dehydration Technology North American Oil & Gas Shale Water Management August 2022
  • 2. 2 People Employed Water Safely Vaporized Outline 1 2 3 4 DZeroE Wastewater Application 5 PZeroE Produced Water Application Questions Cleantek Overview ZeroE Water Dehydration Technology
  • 3. Meeting the demand for socially responsible technology today Cleantek Overview
  • 4. 4 Forward Looking Statements & Information Advisory Please be aware that there is significant disclosure of confidential information in this presentation involving, among other things, Cleantek, it's current and potential customers and the industries in which it and such customers operate. The Cleantek board considers this disclosure necessary for Cleantek stakeholders and other interested parties to assess the current financial and operational state and prospects of Cleantek, but we emphasize that any dissemination of this information to any other party could expose Cleantek to serious competitive risk. You are strictly prohibited from distributing, disseminating in any fashion or sharing this presentation or the information contained herein unless expressly authorized by the company in writing to do so. You should also be sure to read the advisory statement and other information below. Any investment in Cleantek is considered highly speculative and involves a number of risks and uncertainties which need to be considered prior to making any investment decision. This Presentation contains information about Cleantek Industries Inc. (“Cleantek” or the “Company”), and the assets, operations, and finances thereof, that constitute “forward-looking information”. These statements and information relate to future events. Forward-looking statements or information is frequently, but not always, characterized by words such as “will”, “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “budget”, “forecast”, “schedule”, “estimate” and similar expressions, or statements that certain events or conditions “may”, “should”, “could”, “might” or “will” occur and specifically include statements pertaining to Cleantek future performance, business prospects or opportunities, including information concerning new products and strategies the Company is pursuing, market trends, intended use of proceeds from any equity issuance, executive and management structure and future revenue, EBITDA, EV and share price or Company value projections or illustrations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements include numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates of projections of future performance or results expressed or implied by such forward-looking statements. Business priorities disclosed herein are objective only and their achievement cannot be guaranteed. The forward-looking statements or information contained in this Presentation is based on the reasonable expectations and beliefs as at the date of this Presentation and involve numerous assumptions, known and unknown risks and uncertainties, both general and specific to Cleantek and the industry in which it operates. Such assumptions, risks and uncertainties include, but are not limited to: the inability to obtain regulatory approval for any operational activities; the risks of the oil and gas industry in general and the oilfield services business in particular, such as operational risks in constructing and developing the Cleantek products, market demand and unpredictable shortages of equipment and/or labour; potential delays or changes in plans with respect to construction or development projects or capital expenditures; fluctuations in oil and gas prices, foreign currency exchange rates and interest rates; reliance on industry partners; and other factors, many of which are beyond the control of Cleantek. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of Cleantek or industry results, may vary materially from those described in this Presentation. Although Cleantek has attempted to identify important factors that could cause actual actions, events, results, performance or achievements to differ materially from those described in the forward-looking statements or information contained in this Presentation, there may be other factors that cause actions, events, results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements and information are made or given as at the date of this Presentation and Cleantek disclaims any intention or obligation to update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. The reader is cautioned not to place undue reliance on forward looking statements or information
  • 5. 5 Company Overview Cleantek Facilities Calgary / Crossfield Grande Prairie Midland St Clairsville Cleantek is an innovative provider of patented, clean technology solutions focused on reducing both cost and carbon intensity in the wastewater management sector across North America Water Handling Division (“ZeroE”) Revolutionary waste heat to power solution for gas processing facilities that significantly reduces water disposal costs by treating and dehydrating waste water on site Patented ZeroE technology significantly reduces the carbon footprint, emissions of particulates and treats over 2.5MM barrels of water per system annually Lighting Division Variety of solar hybrid powered lighting solutions that serve a number of industries across North America HALO crown mounted lighting system providing financial, operational and environmental benefits TSX-V Symbol: CTEK
  • 6. We strive to improve the communities we work in and the lives of the people within 6 Who We Are Make a positive impact to the environment through the responsible development of clean technology solutions Provide commercial benefits to our clients through all product lines Develop products with strong barriers to entry with an active patent portfolio and first mover advantage
  • 7. ZeroE Technology Leading Hydro sustainability through technology
  • 8. 8 ZeroE Technology & Intellectual Property Cleantek’s patented technology is a bolt-on solution that separates waste concentrate and brine from water at point-of creation. Cleantek has invested over $10MM on research, development and capital assets for the proven, patented ZeroE technology. Harnesses the waste heat from engine exhaust to facilitate the evaporation of clean water to atmosphere. Scrubs and traps un-combusted chemicals and particulate matter from engine exhaust, in the concentrated waste left for disposal.
  • 9. 9 ZeroE is a waste heat to power solution for gas processing facilities and drilling rigs that significantly reduces water disposal costs by treating and dehydrating wastewater on site Cleantek’s patented ZeroE emission reduction technology is positioned for major expansion and scale up across North America 2017 2018 / 19 2020 2021 → Platform Phase Built and deployed 30+ DZeroE units for the drilling market Pilot / R&D Phase Tested PZeroE pilot unit on gas plant and signed contract with major E&P co. Commercial Phase First commercial gas processing unit operational in October 2020 Growth Phase Scale up with additional units to expand across North America Commercial PZeroE Install Pilot Demonstration PZeroE Unit DZeroE Dehydration Unit Commercial Timeline
  • 12. 12 Harnesses waste heat from rig genset exhaust to facilitate the evaporation of Wastewater on drilling locations Operational benefits ESG benefits Commercial benefits DZeroE Wastewater Dehydration
  • 13. 13 People Employed Water Safely Vaporized DZeroE Drilling Wastewater Evaporator
  • 14. DZeroE Dehydration Unit 14 People Employed Water Safely Vaporized
  • 16. 16 Boiler blowdown Cement water Water containing trace amounts of polymers/gels Cellar water Lease/ditch water Wash water Waste Streams
  • 17. 17 Zero diesel requirements Minimal maintenance requirements Automatic start and stop capabilities System capacity ~80 bbls per day No onsite personnel required during drilling operations Remote monitoring Operational Benefits
  • 18. 18 Removes trucks from roadways • Approximately 3 trucks per week • Reduces emissions by 75 tons per year • Improves safety Eliminates 3rd party water disposal Reduces risk of environmental spills Scrubs over 50% of diesel particulate from engine exhaust Muffles exhaust to mitigate noise pollution ESG Benefits
  • 19. 19 75 Tons per year equates to: Equivalent to greenhouse gas emissions from: 16.2 gasoline-powered passenger vehicles driven for one year Equivalent to greenhouse gas emissions avoided by: 26 tons of waste recycled instead of landfilled Equivalent to carbon sequestered by: 88.8 acres of U.S. forests in one year Carbon Reduction Equivalents
  • 20. 20 Reduced 3rd party disposal costs Reduced transportation costs Reduced mix-off material Reduced risk of additional remediation costs from environmental spills Commercial Benefits
  • 21. 21 DZeroE Business Case Traditional Disposal DZeroE Truck Capacity 100 bbls Rental Cost $3.89 per bbl Transportation $100 per hour Service $0.89 per bbl Travel 5 hours Loading/Unloading 1 hour 3rd Party Disposal $4 per bbl Total $10 per bbl Total $5.27 per bbl Commercial Economics Equates to annualized savings of $149,063
  • 22. Financial and Operational Benefits o Reduction in op costs through reduced transportation and disposal charges o Zero fuel requirements o Zero personnel requirements during drilling operations ESG Benefits for the Client o Eliminates trucks off local roadways and on location o Reduced emissions o Improved safety o Exhaust scrubbing inherent to the system (~50% of diesel particulate) o Reduced off-site CO2 emissions that otherwise occur at injection well facility o Muffles exhaust to mitigate noise pollution 22 ESG Benefits Trucks Off Road People Employed Waste Heat to Power Water Safely Vaporized Reduced Carbon Emissions DZeroE Value Proposition
  • 25. 25 Harnesses waste heat from compressor engine or flare gas treating and vaporizing Produced Water at the point of creation Operational benefits ESG benefits Commercial benefits PZeroE Produced Water Dehydration
  • 26. 26 15% Brine trucked to disposal Client Facility Gas Plant / Compressor Site Gas + Produced Water 85% Clean treated water returned safely to the environment ZeroE Produced Water Vaporization Technology Waste Heat Produced Water Natural Gas PZeroE Process Flow
  • 27. 27 Operational Benefits Vaporizes up to 85% of produced water onsite System capacity of ~250 bbls per day Reduces site traffic Utilizes waste heat as energy source Eliminates produced water storage
  • 28. 28 ESG Benefits Eliminates over 350 trucks per year off local roadways o Reducing client’s carbon footprint by over 200 tons per year o Improving safety Exhaust scrubbing inherent to the system further reducing emissions Treats and recycles over 2.5MM gallons of water to the natural hydrologic cycle each year per system Reduced off-site CO2 emissions that otherwise occur at injection well facility
  • 29. 200 Tons per year equates to: 29 Carbon Reduction Equivalents Equivalent CO2 emissions from: 22,505 gallons of gasoline consumed Equivalent to greenhouse gas emissions from: 43.1 gasoline-powered passenger vehicles driven for one year Equivalent to carbon sequestered by: 3,307 tree seedlings grown for 10 years
  • 30. 30 Reduced 3rd party disposal costs Reduced transportation costs Reduced risk of additional remediation costs from environmental spills Carbon credit potential Commercial Benefits
  • 31. 31 Commercial Economics Equates to annualized savings of $456,250 PZeroE Business Case Traditional Disposal PZeroE Truck Capacity 100 bbls Rental Cost $4.50 per bbl Transportation $100 per hour Service Included Travel 5 hours Loading/Unloading 1 hours 3rd Party Disposal $3.50 per bbl Total $9.50 per bbl Total $4.50 per bbl
  • 32. 32 Site Specific Requirements Water quality o Total Dissolved Solids (TDS) o 0-60,000PPM Water volume o Input volumes of 315 bbls per day + o 155 bbls per day units available o Scalable with multiple units Waste heat source o Compressor exhaust o Flare gas
  • 33. 33 Commercial Considerations Multi year contract Customer invoiced only for volume vaporized (per bbl) Budgetary pricing - $4.50 per bbl Minimum water volume commitment Potential for brine reuse (workovers, drilling fluids, blending for frac, mineral extraction)
  • 34. PZeroE Value Proposition Economic Value to the Client o Zero upfront capital costs for the client o Pay is only based on volume of water vaporized o Water disposal cost savings o Long term contracted cost certainty ESG Benefits for the Client o Eliminates over 350 trucks per year off local roadways (per unit) • Carbon footprint by over 200 Tons per year • Improving safety o Facility exhaust scrubbing inherent to the system o Treats and recycles over 2.5MM gallons of water to the natural hydrologic cycle each year per system o Reduced off-site CO2 emissions that otherwise occur at injection well facility 34 ESG Benefits Trucks Off Road People Employed Waste Heat to Power Water Safely Vaporized Reduced Carbon Emissions
  • 35. 7903 W Industrial Ave Midland, TX 79706 www.cleantekinc.com +1 (403) 567 8700