Announcement PDF AGM Presentation November 2025 Catalysing Australia’s Bioenergy Sector www.deloreancorporation.com.au Important Notice & Disclaimer This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document is neither a prospectus nor an offer to subscribe for Shares. The purpose of this presentation is to provide general information about Delorean Corporation Ltd (“Delorean” or the “Company”). This presentation is current as at 28 November 2025 (unless otherwise stated herein) and the information contained in it is in a summary form and does not purport to be complete. The information in this presentation remains subject to change without notice. It is not recommended that any person makes any investment decision in relation to the Company based solely on this presentation. This presentation does not necessarily contain all information which maybe material to the making of a decision in relation to the Company. Any investor should make their own independent assessment and determination as to the Company’s prospects prior to making any investment decision and should not rely on the information in this presentation for that purpose. This presentation does not involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold securities in the Company. The securities issued by the Company are considered speculative and there is no guarantee that they will make a return on the capital invested, that dividends will be paid on the shares or that there will be an increase in the value of the shares in the future. This presentation is not, and does not constitute, an offer to sell, or the solicitation, invitation or recommendation of an offer to buy, any securities in any jurisdiction, including the United States, and neither this presentation, nor any of the information contained herein, shall form the basis of any contract or commitment. The information in the presentation does not constitute an advertisement for an offer or proposed offer of securities and does not constitute a representation that an offering will occur. No person is authorised to give information or make any representation that an offering will occur. Any securities of Delorean have not been, and will not be, registered under the U.S. Securities Act or the securities laws of any state or other jurisdiction of the United States and, if there is an offer of securities, may not be offered or sold in the United States except in transactions exempt from or not subject to, the registration requirements of the U.S.Securities Act and any other applicable securities laws. This presentation is presented for informational purposes only. It is not intended to be, and is not, a prospectus, product disclosure statement, offering memorandum or private placement memorandum for the purpose of Chapter 6D of the Corporations Act 2001. Except for statutory liability which cannot be excluded, the Company, its officers, employees and advisers expressly disclaim any responsibility for, and make no representations or warranty for, the accuracy or completeness of the material contained in this presentation and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. The Company accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person nor any obligation to furnish the person with any further information. This presentation contains “forward-looking statements” and comments about future events, including statements about Delorean’s expectations about the performance of its business. Forward-looking statements may include words such as “anticipate”, “believe”, “expect”, “project”, “forecast”, “estimate”, “out-look”, “upside”, “likely”, “intend”, “should”, “could”, “may”, “target”, “plan”, and other similar expressions. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Forward-looking statements, opinions and estimates provided in this presentation are based on assumptions and contingencies which are subject to change without notice. Forward-looking statements including projections, guidance on future earnings and estimates are provided as a general guide only and should not be relied upon as an indication, prediction or guarantee of future performance. Actual results may differ materially from those expressed or implied in such statements and these differences maybe material. The forward-looking statements in this presentation involve known and unknown risks and other factors, many of which are beyond the control of, or unknown to, Delorean, its directors, officers and employees, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct. Such forward looking statements are based on information available to Delorean as at the date of this presentation. Recipients are cautioned not to place undue reliance on forward looking statements and except as required by law or regulation, Delorean assumes no liability to update these forward-looking statements. Such statements speak only as of the date hereof, and Delorean has no obligation to update or revise any such statements to reflect any change in events, conditions or circumstances on which any such statement is based. No representation or warranty, express or implied, is made by the Company that the matters stated in this presentation will be achieved or prove to be correct. Recipients of this presentation must make their own investigations and inquiries regarding all assumptions, risks, uncertainties and contingencies which may affect the future operations of the Company or the Company’s securities. The Company does not purport to give financial or investment advice. No account has been taken of the objectives, financial situation or needs of any recipient of this document. Recipients of this document should carefully consider whether the securities issued by the Company are an appropriate investment for them in light of their personal circumstances, including their financial and taxation position. Disclaimer Delorean Corporation Annual General Meeting | FY25 2 • Chairman’s Address • Managing Director’s presentation • Meeting closed Agenda Delorean Corporation Speakers Joseph Oliver Co-Founder & Managing Director Hamish Jolly Co-Founder & Executive Chair Contents SA1 Salisbury Bioenergy Plant construction, SA Delorean Corporation Annual General Meeting | FY25 3 Yarra Valley Water Bioenergy Plant, VIC Chairman’s Address Hamish Jolly Chair’s Welcome (abridged version – the full address issued to ASX separately) Delorean Corporation Delorean Corporation Annual General Meeting | FY25 I am pleased to present the Chair’s address at this key inflection point for Delorean Corporation. FY2025 Highlights & Project Progress • Practical completion of Delorean’s largest construction contract: the $53m Lilydale bioenergy facility for Yarra Valley Water (VIC). • Well advanced on SA1, our first 100%-owned facility in Salisbury (SA), delivering renewable gas to the Adelaide network and liquid CO₂ to investment-grade offtakers. • Four projects across Australia and New Zealand validate Delorean’s capability to design, build, and commission bioenergy plants at scale. • Transition to build/own/operate (BOO) clean energy infrastructure is fully underway. Pipeline & Growth • NSW1 in Horsley Park (NSW) with Brickworks: development approvals secured, commercial and funding arrangements progressing for 2026 construction. • VIC1 remains shovel-ready, with funding being finalised. • Active BOO portfolio: five projects worth ~$200m; federal and state grants in progress (~$50m; $11.1m already awarded). • Revenue streams: organic waste tipping fees, biomethane sales & certificates, liquid CO₂, carbon credits, potential biofertiliser – delivering annuity-like income as projects come online. Strategic Partnerships & Financing • New collaboration with Paper Australia Pty Ltd (Opal) for potential anaerobic digestion facility in Victoria. • $14.5m facility secured with NAB, marking the first step in broader banking relationships for project financing and refinancing. Market & Regulatory Tailwinds • Strong industrial demand for renewable gas; biomethane recognised as natural gas equivalent. • SA1 nearing GreenPower registration to issue Renewable Gas Guarantee of Origin (RGGO) certificates. • Landfill diversion policies and rising levies support BOO portfolio growth. Offtake & Network Access • Strategic agreements with Brickworks, Opal, AGIG, ATCO, Supagas, and Origin Energy underpin credibility, co-investment, and long-term revenue streams. Health, Safety & ESG • Zero lost time incidents in FY2025. • Maintained ISO 9001, 14001, 45001 certifications. • Fourth annual ESG report released, reinforcing responsible investment positioning. Board & Leadership • Welcome Surena Ho to the Board – brings deep domestic and international gas sector experience. Outlook • 2026: SA1 comes online, delivering reliable revenues. • Ongoing BOO projects will scale recurring income streams into 2027 and beyond. Steve Gostlow Non-Executive Director Delorean’s Board comprises a balance of strong and committed executive leadership through its co-founders, Executive Chair Hamish Jolly and Managing Director Joe Oliver. Matched with Steve Gostlow’s deep experience and company growth track record in the Australian waste sector with Tox Free Solutions Ltd, Michael Phillip’s extensive finance and investing background across various industries and continents and newly appointed Surena Ho’s deep expertise in the gas industry. Board of Directors Delorean Corporation Michael Phillip Non-Executive Director Surena Ho Non-Executive Director Hamish Jolly Executive Chair Joseph Oliver Managing Director and Co-Founder Delorean Corporation Annual General Meeting | FY25 6 Managing Director’s presentation Joseph Oliver Delorean Corporation Annual General Meeting | FY25 8 A year of strategic reset and positioning for the next phase of growth 4 Delorean Corporation (ASX:DEL) is the leading bioenergy company in Australia, specialising in the design, build, ownership and management of bioenergy infrastructure, renewable energy generation and retailing. Our solutions are paving the way towards a greener future. OurVision To be recognised as Australia and New Zealand’s leading emerging renewable energy generator and retailer, led by its fast-growing bioenergy infrastructure footprint. OurMission To build, own and operate the largest portfolio of commercially successful renewable energy infrastructure in Australia and New Zealand, measured by value of developed assets and quantity of renewable electricity, heat and renewable gas produced. Vision and Mission Delorean Corporation 9 High-Yielding Build-Own-Operate (BOO) Infrastructure Rollout and Operation Selective engineering, procurement, and construction (EPC) For Third Parties Multi-Year Operation & Maintenance (O&M) Contracts Expand DEL’s Bioenergy Portfolio and Lead Australia’s Transition to Renewable Gas Delorean Corporation – Strategic Focus Drive Sustainability & Support Client’s Net Zero Targets Delorean Corporation Annual General Meeting | FY25 10 Delorean is building a network of assets across Australia using mature in-vessel anaerobic digestion technology to produce renewable gas, renewable electricity and biogenic carbon dioxide from organic waste diverted from landfill. Delorean has pioneered this sector in Australia and built a track record delivering high-yielding projects helping to transform and decarbonise Australia’s energy sector DIVERSIFIED INCOME – DELOREAN’S VERTICALLY INTEGRATED MODEL DERIVES INCOME FROM THREE SOURCES ENGINEERING • Engineering, Procurement, and Construction (EPC) Contract Margins • Operation & Maintenance (O&M) Contract Margins • Sale of Renewable Natural Gas (Biomethane) • Sale of Renewable Biogenic Liquid CO₂ (LCO2) • Gate Fees for Acceptance of Organic Waste • Sale of Liquid Fertilizer (future upside) • Trading of Environmental Green Credits: - Australian Carbon Credit Units (ACCUs), - Renewable Gas Guarantees of Origin (RGGOs) - Large-scale Generation Certificates (LGCs) - Biogenic CO₂ certification (future upside) • Future Energy Contracts INFRASTRUCTURE ENERGY RETAIL 11 Bioenergy Plant Revenue Model Delorean Corporation DELOREAN IS AUSTRALIA’S LEADING DEVELOPER OF BIOENERGY INFRASTRUCTURE Delorean Corporation Annual General Meeting | FY25 Delorean Corporation FY25 Highlights Financial Year 2025 was the year in which the Company executed a successful pivot in its business model — from delivering bioenergy construction projects for others to investing in, building and operating its own renewable gas infrastructure assets. This transformation represents the next stage in Delorean’s growth: creating long-term, multi-revenue streams, backed by investment-grade partners and offtakers. Achievements To Date Delorean Corporation FOCUS 1: HIGH YIELDING BOO INFRASTRUCTURE ROLLOUT AND OPERATION FOCUS 2: SELECTIVE EPC AND O&M FOR THIRD PARTIES FOCUS 3: DRIVE SUSTAINABILITY & SUPPORT CLIENT’S NET ZERO TARGETS Delorean Corporation Annual General Meeting | FY25 13 $50M Grants applied (Grants awarded to date $11.1 million) SA1 First BOO Project construction commenced DEL BOO portfolio advancement with the focus on securing projects finance $51.5M financing package $14.5M – NAB $37M - Tanarra $55M SA1 Long-term biomethane & LCO2 offtake agreements $200M BOO infrastructure development portfolio value 4 Bioenergy infrastructure projects completed – 3 Award-winning 70,000 Safe Work Hours Without lost time injury (LTI) $53M Tier 1 Yarra Valley Water bioenergy project Practical Completion and Operation start Partnerships with leading industrial companies to support their net zero targets ESG Progress Advanced DEL ESG Strategy and completed Scope 1 & 2 GHG Assessment ESG Report Released our fourth ESG Report Yarra Valley Water (VIC) Current • ~$53m contract value, $8m O&M value • One of the largest food waste to energy facilities of its kind in Victoria to commercially process mass organic waste. • Construction Completed • Operation and Maintenance ongoing Blue Lake Milling (SA) Complete • $7.6m contract value • First facility in the world to process Ground Oat Milled Fines (“GOMF”) for power production on site, behind the meter. • Plant continues to produce green electricity and biofertiliser, providing BLM with all power requirements, surplus electricity exported to the grid. • Delorean and BLM received a commendation for this project in the SA Premier's Awards (Energy and Mining (Environment) Category). Ecogas (NZ) Complete • $10.1m contract value • New Zealand’s first commercial scale anaerobic digestion plant. • Practical completion has been achieved. • The facility is successfully accepting organic waste and generating biogas. • Delorean’s Ecogas project won the Low Carbon Future Award at the New Zealand Energy Excellence Awards. Richgro (WA) Complete • $9.5m contract value, flagship project. • First facility of its kind in Australia to commercially process mass organic waste and to integrate with a composter. • Payback on investment of less than 4 years, ability to accept additional revenue from gate fees (for feedstock). • Electricity production equivalent to $400k p.a. Delorean Third Party Projects Selective EPC and O&M For Third Parties 14 Delorean Corporation Annual General Meeting | FY25 SUCCESSFUL DELIVERY OF 4 INNOVATIVE AUSTRALASIAN BIOENERGY PROJECTS (3 AWARD-WINNING) Yarra Valley Water (VIC) Location: Lilydale, Victoria ~$53m contract value, $8m O&M value • 55,000tpa facility • 39,000 KWh per day green energy production • Emissions reduction 24,700 (tCO2-e/annum) • Decarbonize YVW energy consumption • Combats climate change and resource depletion for water and energy • Supplies energy to the Sewage Treatment Plant and Recycled Water Pump Station, with surplus exported to the grid • Recovers ~70% of liquid digestate as purified water • Processes remaining solids and liquids for composting and agriculture 15 PROJECT BENEFITS PROJECT UPDATE YVW Bioenergy Site Before YVW Bioenergy Site Now • Practical Completion achieved in October 2025 • $8.0m 2.5-Year Operation & Maintenance phase ongoing • Over 70,000 man-hours completed with zero injuries or Lost Time Incidents (LTI). • ISO Quality and Safety audit conducted and successfully passed. Selective EPC and O&M For Third Parties THIS FACILITY IS THE LARGEST FOOD WASTE TO ENERGY PLANT OF ITS KIND IN AUSTRALIA YVW Bioenergy Plant Construction Start Site Works of YVW bioenergy project begin Practical Completion Practical Completion of Delorean’s YVW bioenergy project Oct 2025 Jan 2024 Operation & Maintenance Operation & Maintenance commence Oct 2025 16 FIRST BIOENERGY FACILITY IN AUSTRALIA TO PRODUCE MAINS-GRADE BIOMETHANE AND BIOGENIC CO2 SA1 Salisbury - First BOO Bioenergy Project in Australia High-Yielding BOO Infrastructure Rollout and Operation SA1 Green Gas-to-Mains Bioenergy Projects Location: Salisbury, South Australia • 70,000tpa facility (stage 1) • 210 TJ/annum biomethane production – 8+2 year Origin Contract signed • 6,000tpa green CO2 – 10 year Supagas Contract signed Project FID Financial Investment Decision Project Financing Tanarra $25m corporate finance package Construction Start Site Works of Delorean’s SA1 bioenergy project begin First Waste Feedstock processing starts First Gas Renewable gas generation starts Construction Finish Completion of Delorean’s SA1 bioenergy project Q4 FY26 Sep 2024 Dec 2024 Dec 2024 Operation & Maintenance Full Operation & Maintenance commence 150,000 tCO2-e/annum Project emissions reduction (~3,700,000 tonnes over the project lifetime) 180 TJ pa Industrial facility natural gas replaced ​with biomethane 200,000 tCO2e Industrial customer emissions reduction over project lifetime Net Zero by 2040 Supporting large industrials in decarbonizing 16 Q4 FY26 Q4 FY26 Q1 FY27 • Construction: Major earthworks completed and civil works advancing. Tank and shed construction underway, with some long lead items delivered to site • Funding: $37m corporate debt facility with Tanarra; $14.5m NAB loan • R&D Cash Refund: SA1 R&D Tax Refund in Progress • Biomethane Offtake: Long-term biomethane offtake agreement with Origin Energy ($30-40m in revenue over the 10- year term). Partnership with Australian Gas Infrastructure Group (AGIG) for gas connection and distribution. • CO2 Offtake: Long-term liquid CO₂ offtake agreement with Supagas ($15-25m in revenue over the 10-year term) • First Gas: expected end of FY2026 PROJECT UPDATE PROJECT BENEFITS NSW1 Horsley Park Location: Horsley Park, NSW • 120,000tpa facility (stage 1) with ability for 150,000TPA • 260-380 TJ/annum RNG generation • Development Approval Granted 17 PROJECT BENEFITS PROJECT UPDATE NSW1 Horsley Park Bioenergy - 1st BOO RNG Behind The Meter High-Yielding BOO Infrastructure Rollout and Operation AUSTRALIA’S FIRST INDUSTRIAL-SCALE BIOENERGY PROJECT TO CREATE RENEWABLE GAS BEHIND THE METER • Development Approval achieved • The project is progressing toward a final investment decision (FID), with a focus on funding plans, securing long-form offtake agreements. • Continued to secure additional feedstock revenue, improving project bankability • A FID is expected in Q2 FY2026 Project FID Financial Investment Decision Project Financing Corporate finance package Construction Start Site Works of Delorean’s NSW1 bioenergy project begin First Waste Feedstock processing starts First Gas Renewable gas generation starts Construction Finish Completion of Delorean’s NSW1 bioenergy project Operation & Maintenance Full Operation & Maintenance commence Q2 FY26 Q1 FY28 Q2 FY28 Q2 FY28 Q2 FY28 Q2 FY26 138,035 tCO2-e/annum Emissions reduction 253+ TJ/pa Industrial facility natural gas replaced ​with biomethane 325,300 tCO2e Industrial facility emissions reduction over project lifetime ~50% Scope 1 Emissions Reduction from natural gas combustion Supporting large industrials in decarbonizing Q3 FY26 VIC1 Location: Stanhope, Victoria • 54,000tpa facility (stage 1) • 180 TJ/annum biomethane production • Emissions reduction 69,400 (tCO2-e/annum) • 90% Delorean owned project GREEN CERTIFICATES • CER Registration for ACCUs under approved methodologies: • AWT Method- Diversion of organics from landfill • Animal Effluent Management Method • GreenPower Registration for RGGOs • Received a letter of support confirming the project alignment with the certification OFFTAKE AGREEMENTS • Renewable Gas: Contract negotiations with large investment grade counterparty at a premium to wholesale gas prices FEEDSTOCK • Feedstock secured across the project from multiple sources 18 Project FID Financial Investment Decision Project Financing Corporate finance package Construction Start Site Works of Delorean’s VIC1 bioenergy project begin First Waste Feedstock processing starts First Gas Renewable gas generation starts Construction Finish Completion of Delorean’s VIC1 bioenergy project Operation & Maintenance Full Operation & Maintenance commence H2 FY26 H2 FY26 FY28 FY28 FY28 FY28 PROJECT UPDATE (PENDING FID) VIC1 Stanhope Bioenergy High-Yielding BOO Infrastructure Rollout and Operation THIS PROJECT WILL BE AMONG AUSTRALIA’S FIRST TO PRODUCE BIOMETHANE TO MAINS FROM ORGANIC WASTE • Approvals in place • The is currently shovel ready for full construction pending project finance • Work activities completed to cover green gas connection for export Commitment to ESG Drive Sustainability & Support Client’s Net Zero Targets • Renewable Gas & Energy Production: Delorean’s projects produce green gas and electricity, supporting hard-to-abate sectors in reducing emissions and transitioning away from fossil fuels, while also injecting green gas into existing mains infrastructure. • Waste-to-Energy: Delorean’s projects convert organic waste into clean energy, reducing waste going to landfill, reducing emissions, lowering waste disposal costs, and supporting a circular economy. • CO₂ Recovery: Delorean’s projects capture high-demand, medical grade CO₂ for reuse. • Expanding Infrastructure: With over $500m project portfolio, Delorean is scaling bioenergy solutions across Australia to meet renewable gas and electricity demand and help Australia to meet the nation’s net zero targets. For instance, the SA1 Bioenergy Project is projected to reduce emissions by ~3.7m tCO2e over its lifetime 19 Our Impact DRIVING SUSTAINABILITY THROUGH BIOENERGY Delorean Corporation FY26 Outlook and Future Plans CAPITAL SHIFT & INVESTOR PRESSURE • Big 4 Bank support • Government Grants • ESG Investing Strong Market Tailwinds for Biomethane in the past 18 Months Delorean Corporation – Market Momentum Accelerating Renewable Gas Demand 21 Delorean Corporation Annual General Meeting | FY25 • Safeguard Mechanism • Future Gas Strategy • NSW Government’s Renewable Fuels Strategy and Renewable Fuel Scheme • Urgent Green Gas Demand • Supply Shortage • Price Premiums Delorean’s high-yielding biomethane projects are fully aligned with policy, industry, and investor drivers— delivering urgent green gas to meet demand, support net-zero targets, and unlock market opportunities. IMPACT POLICY PRESSURE • National Climate Risk Assessment & National Adaptation Plan • Climate Change (National Framework for Adaptation) Bill 2025 • National Greenhouse and Energy Reporting (NGER) Scheme • Mandatory climate disclosures • National Waste Policy Action Plan 2024 • Landfill Levy Increases INDUSTRY TARGETS & NET ZERO Future Plans and Roadmap Delorean Corporation - Leading the Bioenergy Infrastructure Sector FOCUS 1: HIGH YIELDING BOO INFRASTRUCTURE ROLLOUT AND OPERATION FOCUS 2: SELECTIVE EPC AND O&M FOR THIRD PARTIES FOCUS 3: DRIVE SUSTAINABILITY & SUPPORT CLIENT’S NET ZERO TARGETS • Successfully construct the SA1 Salisbury project by the end of FY26 and move into operation • Achieve FID and commence construction of VIC1 and NSW1 bioenergy projects • Strategic partnerships and secure long-term revenues from our BOO projects, including organic waste acceptance, and from sale of renewable gas, green electricity, biogenic CO2 and environmental credits • Continue developing our BOO project portfolio and support large-scale consumers in hard- to-abate sectors, like Opal, to decarbonise. • Multi-year contracted O&M revenues on its third-party Yarra Valley Water construction projects locked in • Review selective EPC construction contracts for third parties • Operational excellence and risk management • Scope 3 emissions and set emissions reduction targets Delorean Corporation Annual General Meeting | FY25 23 Hamish Jolly Executive Chair Ground Floor, 1205 Hay Street West Perth WA 6005 T (08) 6147 7575 info@deloreancorporation.com.au Contact www.deloreancorporation.com.au Joseph Oliver Managing Director Ground Floor, 1205 Hay Street West Perth WA 6005 T (08) 6147 7575 info@deloreancorporation.com.au