Global Licensing Framework

Clean Energy and Water Technologies Pty Ltd (CEWT) Carbon Recycling Technology (CRT) Global Licensing Framework 1. Positioning Carbon Recycling Technology (CRT) is a system architecture designed to achieve defossilisation. It integrates renewable hydrogen, captured CO₂, and energy generation into a closed carbon loop, enabling firm, zero-emission energy systems. CRT is not a standalone technology or a collection of unit operations. It is a designed system that delivers a specific outcome: elimination of fossil fuel dependence. 2. Licensing Scope CEWT licenses CRT as a system architecture framework, including: - Core system design: closed carbon loop configuration and integrated energy–fuel–carbon architecture - Process integration logic: hydrogen production, CO₂ utilisation, methanation, and power generation integration - System performance targets: carbon circularity, zero fossil input (post start-up), and firm energy output 3. Boundaries (IP Protection) CEWT retains (non-negotiable): - Carbon loop architecture and system logic - Integration methodology and mass/energy balance framework - Definition of CRT-compliant systems Licensees may configure: - Equipment vendors and engineering design - Site-specific layouts and EPC execution Restricted disclosure areas include proprietary CO₂ recovery pathways and advanced optimisation logic. 4. Commercial Model - Upfront licensing fee based on project scale - Ongoing royalty linked to energy or fuel output - Optional CEWT equity or advisory participation - Strategic partnerships with potential regional or sector-specific exclusivity 5. Implementation Model CRT is vendor-agnostic and globally deployable: - Compatible with multiple gas turbine, methanation, and electrolyser technologies - Applicable to new builds, retrofits, and industrial integration (steel, fuels, chemicals) 6. Value Proposition For Developers/Investors: Firm renewable energy, reduced fuel risk, long-term asset relevance For Governments: Energy security, decarbonisation, industrial competitiveness For Industry: Continuous energy supply and integrated fuel + power solutions 7. Strategic Rationale CRT addresses the system gap in the energy transition by closing the carbon loop, integrating energy and fuels, and delivering firm, zero-emission output beyond intermittent renewable generation. 8. Engagement Pathway 1. Initial non-confidential briefing 2. Technical alignment discussion 3. NDA execution 4. Feasibility/integration study 5. Licensing agreement Defossilisation is not a fuel switch. It is a system redesign.

The Missing Layer in the Energy Transition

Clean Energy and Water Technologies Pty Ltd (CEWT) Carbon Recycling Technology (CRT) The Missing Layer in the Energy Transition Executive Summary Renewables alone cannot meet the full thermal and reliability requirements of heavy industry. While solar and wind have transformed electricity generation, they do not inherently provide continuous high-temperature heat or energy-dense fuels required for industrial processes. Fossil fuels continue to fill this gap, but at the cost of significant CO₂ emissions. Batteries help manage intermittency, yet they cannot fully replace the need for baseload power, industrial heat, and molecular fuels. This gap represents the missing layer in the energy transition. Carbon Recycling Technology (CRT), developed by Clean Energy and Water Technologies Pty Ltd (CEWT), offers a system-level solution that delivers baseload electricity, usable heat, and recyclable fuel in a closed carbon loop — enabling true defossilisation. The Structural Challenge Heavy industries such as steel, aluminium, caustic soda, and desalination depend on: • Continuous baseload power • High-temperature thermal energy • Energy-dense fuels for process stability Current transition pathways are fragmented: • Renewables provide low-cost but intermittent electricity • Batteries provide short-duration balancing • Hydrogen pathways remain capital-intensive and systemically incomplete As a result, a critical gap remains between renewable electricity and industrial energy requirements. The Consequence of Inaction Without addressing this system gap: • Industrial operations face reliability risks • Energy costs become structurally unstable • Decarbonisation targets remain unmet • Capital deployed into partial solutions yields diminishing returns The net result is a growing risk that carbon-intensive industries become: • Technically constrained • Financially unviable • Globally uncompetitive For Australia, this is not a distant scenario — it is an emerging reality. Australia’s Strategic Exposure Australia remains heavily dependent on LNG exports as a major source of national revenue. However: • LNG exports do not inherently decarbonise industrial systems • Continued reliance on fossil gas exposes the economy to long-term transition risks • Global markets are increasingly shifting toward low-carbon and carbon-neutral fuels This creates a structural vulnerability in both domestic industry and export strategy. CRT: A Defossilised Energy Architecture Carbon Recycling Technology (CRT) creates a closed carbon loop: • Renewable electricity produces hydrogen • Hydrogen combines with captured CO₂ to form renewable methane (RNG) • RNG is used for power generation and industrial heat • CO₂ is recaptured and recycled back into the system This enables: • Baseload electricity generation • High-temperature thermal energy • Energy-dense fuel production • Near-zero emissions operation CRT does not eliminate carbon — it recycles it as a carrier, eliminating dependence on fossil inputs after start-up. A New Path for LNG: Defossilised Export Potential CRT provides a strategic alternative pathway for Australia’s LNG sector: • Renewable Natural Gas (RNG) can be produced without gas fields • Existing LNG infrastructure can be leveraged for export • Export revenues can be preserved while eliminating fossil dependency This represents a transition from: Fossil LNG → Defossilised LNG (RNG) A shift that aligns energy exports with global decarbonisation goals while maintaining economic strength. A Win for All Stakeholders CRT creates aligned value across the system: Government • Maintains export revenues • Strengthens energy security • Achieves climate commitments Industry • Secures reliable baseload power and heat • Reduces exposure to carbon costs • Enables long-term operational stability Investors • Unlocks bankable, integrated energy systems • Reduces stranded asset risk • Supports scalable infrastructure returns The Call to Action Governments and financial institutions must move beyond component-based thinking and recognise the need for integrated system solutions. Without this shift, billions of dollars risk being deployed into partial solutions that fail to deliver industrial decarbonisation. The opportunity is clear: • Close the system gap • Enable defossilisation • Protect industrial competitiveness Australia has the resources, infrastructure, and strategic position to lead this transition. The question is no longer whether the transition will happen — but whether it will be led with system-level clarity. CEWT Position Carbon Recycling Technology (CRT) is not just another energy technology. It is a system architecture designed to bridge the gap between renewables and industrial reality — delivering continuous, reliable, and defossilised energy for the future. Clean Energy and Water Technologies Pty Ltd (CEWT) Redefining energy through circular system design

From Renewable Promotion to Defossilisation:

From Renewable Promotion to Defossilisation: A System-Level Gap in Energy Policy and Finance Ahilan Raman Managing Director Clean Energy and Water Technologies Pty Ltd (CEWT) April 2026 Executive Summary Australia has made significant progress in renewable energy deployment. However, fossil fuels remain structurally embedded in providing continuity and reliability. This highlights a critical gap: policy supports components, but not the system-level outcome of defossilisation. The Current Model Current frameworks focus on renewable generation, emissions reduction, and technology funding. While successful, they do not eliminate dependence on fossil fuels or system fragmentation. The Structural Gap Energy systems require continuity. Fossil fuels provide dispatchability, storage, and density. Renewable systems alone do not yet fully replicate these without additional layers. Fragmentation The transition is fragmented across generation, storage, backup, and carbon accounting, rather than forming a unified system. Carbon Blind Spot Carbon is treated as a liability. However, circular carbon systems could treat it as a recyclable carrier, enabling closed-loop systems independent of fossil inputs. Policy Opportunity Shift from renewable promotion to defossilisation. Enable integrated systems, align finance with outcomes, and support circular energy architectures. Conclusion The transition must move from scaling renewables to replacing fossil system functions. Defossilisation is the end state.

The Missing Layer in Energy Transition

Clean Energy and Water Technologies Pty Ltd (CEWT) The Missing Layer in the Energy Transition Why Wind, Solar and BESS Alone Cannot Fully Decarbonise Heavy Industry 1. The Difference We Keep Ignoring Homes and businesses require flexible electricity. Heavy industry requires continuous high-temperature energy, molecular fuels, and uninterrupted operation. These are fundamentally thermochemical systems. 2. The Intermittency Constraint Industrial processes cannot follow weather variability. Stability, continuity, and reliability are non-negotiable. 3. The Scale Challenge Full electrification demands massive overbuild of generation, transmission, and storage. This is a system design challenge, not just a technology deployment issue. 4. Capital Flow vs System Need Investment is heavily concentrated in components—solar, wind, batteries—while integrated industrial solutions remain underdeveloped. 5. The Missing Layer Heavy industry depends on hydrogen as an energy carrier and carbon as a structural element. Ignoring carbon integration leads to incomplete decarbonisation pathways. 6. From Linear to Circular Systems Current systems extract, use, and emit carbon. Future systems must capture, reuse, and recycle it continuously. 7. CRT as the Integrating Layer Carbon Recycling Technology integrates renewable hydrogen with captured CO2 to create a closed-loop system, enabling continuous industrial operation with reduced emissions. Integration Perspective Wind, solar and batteries form the foundation of a clean energy system. CRT does not replace them—it integrates with them, providing continuity, carbon reuse, and industrial compatibility. Together they form a complete pathway.

Net Zero Accounting and System reality

Net Zero: Accounting vs System Reality • Why the next phase of decarbonisation requires system redesign • CEWT – Carbon Recycling Technology The Problem • We are solving a physical problem with accounting tools. • Balance does not change the system. What is Net Zero? • Net emissions = Emissions – Removals = 0 • Net Zero is a balance condition, not zero emissions. Accounting Model • Fossil → Energy → CO₂ → Atmosphere → Removal → Balance • External compensation model. Limitations • Relies on future removals • Emissions continue • Time mismatch • Global atmosphere vs local accounting. Physical Reality • Carbon is a flow between systems. • The problem is flow design, not balance. System Model (CRT) • CO₂ Capture → H₂ → Fuel → Energy → CO₂ → Re-capture • Closed carbon loop. Comparison • Net Zero: Linear, dependent on removals • CRT: Circular, internal loop, physics-based. Why It Matters • Energy demand rising • Supply intermittent • Reliability gap persists. CEWT Position • Hydrogen = energy • Carbon = carrier • Closed-loop architecture. Two Paradigms • Emit → Remove → Balance • vs • Capture → Reuse → Circulate Policy Shift • Incentivise system design • Reward closed loops • Focus on firm clean power. Closing • Net Zero balances carbon. • System design eliminates one-way carbon flow.