Next generation Anods

Purpose and goal: Aim and objective Develop the business model and sustainability strategies including strengthening partnerships. We have gained much better insight into - who the customers are - what eligibility requirements they place on the material - when they need the anode material we offer - what volumes of the material they need

- how they want to buy - options and perspectives on how we should scale up production Expected results and effects:

Our ambition was to develop and strengthen the business model and strategy, secure our arguments with the market, develop perspectives on how to scale up, deepen sustainability and strengthen partnerships and dialogue with customers. We expected to be able to develop a clearer business model, strategy and argument with the market - we have in every respect reinforced this.

We want to deepen sustainability, which we have done, we want to strengthen partnership and dialogue with customers, which has been strengthened. Approach and implementation:

We have focused on how investors and the market would view us and derived arguments for what we need to do based on what they would ask for. The idea with this has been that we can then also build up material that can also be used in other contexts. As a smaller development company, it is very important to be able to use materials in several contexts.

We have operated a lot based on what is needed in an investment memorandum as it needs to answer business models, sustainability and scalability over time as well as secure customers and partners. We have since supplemented with the necessary materials.