Suite 22, 513 Hay Street, Subiaco 6008, Western Australia PO Box 1933, West Perth 9872, Western Australia

Phone: +61 8 9430 7522 | www.enerji.com.au ASX: ERJ

17 February 2016

CORPORATE PRESENTATION - AUSTRALIA UNITED STATES BUSINESS WEEK

Enerji Limited (ASX:ERJ) encloses an updated Corporate Presentation which will be presented by CEO

Andrew Vlahov as part of his participation in Australia United States Business Week, an Australian

Trade Commission initiative, which will be held across several US cities over the next two weeks.

The presentation will be given at a number of industry and investor events in Silicon Valley and New

York focused on the energy innovation and disruptive technology sectors.

ENDS

Further Information:

Andrew Vlahov John Gardner

Chief Executive Officer Citadel-MAGNUS

+61 411 131 113 +61 413 355 997

andrew.vlahov@enerji.com.au

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• Finance• Joint Venture Partnership• Client

GLOBALStrategic AllianceOpportunity

February 2016

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Important informationThis document contains generalbackground information about the activities of Enerji Ltd as at 31January 2016. This presentation is a summary only and does not contain all the information necessary to

fully evaluate any transaction or investment. It should be read in conjunction with Enerji’s other periodic and continuous disclosure announcements to the ASX. At the time of preparation best efforts have

been taken to ensure the accuracy of information contained.

Forward Looking StatementsThis announcement contains certain “forward looking”statements that are not based on historical fact. The word “targeting”, and other similar expressions are intended to identify forward looking

statements.Forward looking statements, opinions and estimates provided in this presentation are based on assumptions and contingencies by management concerning future events which are subject to

change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions.

Forward-looking statements including projections, indications or guidance on future earnings or financial position and estimates are provided as a general guide only and should not be relied upon as an

indication or guarantee of future performance. There can be no assurance that actual outcomes will not differ materially from these statements. To the full extent permitted by law, Enerji Ltd and its

directors, officers, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates or revisions to the information to reflect any change in expectations or

assumptions.

There are a number of risks, both specific to Enerji Ltd and of a general nature, many of which are outside the control of Enerji Ltd which may affect the future operating and financial performance of

Enerji Ltd and the value of an investment in Enerji Ltd including and not limited to economic conditions, stock market fluctuations, timing of environmental approvals, regulatory risks, operational risks,

reliance on key personnel,foreign currency fluctuations, and project development, construction and commissioning risk. Enerji Ltd makes no undertaking to subsequently update or revise the forward-

looking statements made in this release to reflect events or circumstances after the date of this release.

GeneralDisclaimer

Research and the counsel of a qualified financial adviser or accountant are strongly recommended to anyone considering investing in listed company securities, including Enerji Ltd.

DisclaimerF

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A thermal energy company harnessing wasteHEATto produce POWER

• We target the untapped thermal resource that is wasted heat

• Proven heat sources including diesel / gas to power IPP’s, metal roasters, refineries, specific industrial processes

• Exciting new market opportunity in zero emission energy

• New advanced technology –Accretive Thermal Energy Node (ATEN)

• Potential for solid growth via strategic alliances

• Strategy to achieve near-term revenue

• Skilled technical and management teamto deliver project outcomes

Our BusinessF

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Financing Partners• Clean &Renewable Energy

Funds

• Power or Infrastructure Funders

• Development Banks

• Industry Banks

• Traditional& Non-traditionalPrivate Equity

• Investors seeking couponreturns

Investment & Finance

Investor:US $XM

(5 year cycle)

40%Equity

60%Project Finance

Project Finance

Year 1-3 Y%

Year 4,5 Z%

After 3 yearsInvestor Receives:

Option to RenewOption to Convert

Security on Investment:Equipment

5 yr contract with clientOptionalPerformance Bond

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•Power & engineering expertise

•Power generation skillset forremote sites

•Region specific partner

•Country specific partners

•Exposure to domestic powerutilities and power plantoperators

Joint Venture PartnersF

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•Installed capacity > 15MW

•Remote power generation

•Mining process with high heatsource

•Pays high input costs

•Seeking cost reductions

•Seeking enhanced power load

•Seeking clean energy outcomes

Client ProfileClient ERJ+ Partner

Client Project Produces PowerReduces Costs

WIN/ WIN

No materialeffect on existing operation during deploymentFor

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•Power generation and industrial processes are highlyinefficient

•Almost half (48%) of the energy they generate is wasted asheat = considerable financial and environmental cost

•High temperature (HT) heat is easily recovered via steamturbines

•Low temperature (LT) heat has historically been technicallydifficult to harvest

•ERJ’s advanced ATEN technology has the ability toharness waste heat from both high and low-gradesources, to produce clean power

Thermal Energy: Vast Untapped Resource

FossilFuelPower Stations

SteelMills

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Approximately 48%of total global energy generation is lost as heat

Thermal Energy: Vast Untapped Resource

29,541PJ/ a

30,382 PJ/ a

28,480 PJ/ a

Energy input* Energy output*

63,655 PJ/ a

*source:InternationalEnergy Agency Electricity Information Statistics 2014, worldwide:not including combined heat and power plantFor

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Zero Emission / Renewable Energy Landscape

SOLAR WAVE WIND THERMAL

• Capex intensive

• Large footprintrequired

• Intermittent

• High maintenancecosts

• Very Capex intensive

• Not applicable toremote applications

• Long lead times

• Geographicallyconstrained

• Capex intensive

• Inconsistent

• High maintenancecosts

• Low harmonic healthconcerns

• Public objections

ü Low capexü Small footprintü Low operating costsü Ideal for remote

locationsü Zero emissionsü Applicable to most

industrial processesü Ready for deployment

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Accretive Thermal Energy Node (ATEN) Technology

Capital Efficient

Scalable

Compact

Simple Connection

Streamlined Deployment

Single heat-to-power system collects heat from multiplesources, ensuring limited capex

Standardised modular design with the ability to prefabricate

Easily transported from low-cost manufacturing locations,requires minimalon-site real-estate

Minimum impact on customers; low operating risk and opex

Reduced project risk; minimaldisruption; speed to market

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Capturing waste heat from a range of sources and converting it into electricity

Accretive Thermal Energy Node (ATEN) Technology

Unique ability to harness heat from both low and high gradesources in one systemCustomised, modular technology designed to meet specificcustomer needsApplicable in multiple configurations to harness differentheat-generating sources+US$8 m invested in development and IPFull-scale prototype completed, fully tested andcommissionedFirst Australian contract completed – (ASX: NST) NorthernStar Resources

Enerji Heat Exchanger

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Low risk. Low capex. Low opex. Zero emissions. Significant cost savings.

Benefits to Enerji Customers

Provides clean electricity with zero pollutionand zero carbon emissionsUnlocks potential savings by optimising existingenergy infrastructure and lower fueluseProvides a hedge against rising operating costsComplementary to infrastructure from existingpower provider(s) – located outside clientpower plant footprintLow operationalcosts to customer

Heat Recovery Units InstalledFor

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•ERJ can harness a huge untapped resource –wasted thermal energy

•Significant market opportunity given customer demand for low cost, efficientand ‘green’sources of power

•AFRICAN and ASIAN growth opportunity with licensing program –seekingpartners

•Advanced ATEN technology has the ability to be custom designed for specificclient requirements

•Applicable in any environment –including remote mining sites in Africa

•Extensive in-house experience and intellectual property

•Simple but robust revenue model consisting of fixed and variable payments

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Andrew VlahovChief Executive Officer

Phone: +61411131113

Email: andrew.vlahov@enerji.com.au

C22, Level 1, 513 Hay StreetSubiaco, Western Australia 6008Phone: +618 9430 7522Email: info@enerji.com.au

Contacts

www.enerji.com.au

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Andrew Vlahov –Chief Executive OfficerAndrew has a strong background in business development, marketing and innovation, and brings to Enerji the unique combinationof elite sport and corporate success. He was CEO and owner of the Perth Wildcats from 1999 to 2006, was its Managing Directorfrom 2006 to 2009 and is the founder and Executive Director of the Friendship Games. He has more than 10 years’experienceworking with Australian companies to advance their commercial relationships in Asia, in particular China, Singapore and Indonesia.

Andrew is a four-time Olympian and was awarded the Medal of The Order of Australia (OAM) in 2016 and the West Australian ofthe Year (Sport)in 2015 in recognition of his excellence in achievement, development, administration and promotion of sport inthe WAcommunity. Andrew holds a degree in Economics from Stanford University (USA).

Colin Stonehouse –Chief Development OfficerColin has more than 30 years experience in the power and energy sector. He has been the recipient of the IEAust (ACWaters)scholarship where he undertook research in Europe and the USAin technical, commercial and regulatory aspects of waste toenergy conversion and power generation. His other qualifications and awards include Leading and Managing Strategic Change(AGSM), Senior Executive Development Program (Melbourne Business School), Leadership Development Program (UWABusinessSchool, AIMWA), Vincent Fairfax Ethics in Leadership Award (Saint James Ethics Centre), Graduate Diploma Business - strategicplanning (Deakin) and Bachelor of Engineering (Curtin).

Appendix 1: Management BiosF

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Multiple product lines catering for differing client applications:

Appendix 2: ATEN product-lines

ATEN2 - harvests heat from multiple medium temperature sources (typically up to 475C), via a single modular heatrecovery unit, power is generated using an ORCunit.

ATEN3 - harvests heat from sources with two distinctly different characteristics. The higher temperature heatsupplements lower temperature heat to optimise the overall system thermal efficiency, power is generated using anORCunit.

ATEN4 - harvests heat from sources with multiple distinctly different characteristics. Like ATEN3, the highertemperature heat supplements lower temperature heat to optimise the overall system thermalefficiency but poweris generated using cascading steam or ORC turbines.

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