FREYR(FREY) - 2025 Q3 - Earnings Call Presentation

Market Position and Production - T1 Energy represents >50% of the American-made silicon-based solar module market[9] - T1 Energy has a capacity of 50 GW, making it the largest American silicon-based solar module manufacturer[9] - G1_Dallas produced 2,128 MW of solar modules in 2025 through November 2nd, 2025[36] - T1 is maintaining its 2025 production plan of 26 – 30 GW[36] Financial Performance and Guidance - T1 generated Q3 2025 total net sales of $2105 million[36] - T1 is maintaining its 2025 full-year EBITDA guidance of $25 - $50 million[38] - T1 has accrued $93 million of Section 45X credits as of September 30, 2025[43] Strategic Initiatives and Expansion - T1 is building a U S silicon-based solar supply chain aligned with emerging macro trends[13] - T1 expects U S data centers to consume more than 600 TWh of electricity by 2030[14] - Phase 1 capital expenditure of G2_Austin is estimated at $400 - $425 million[30] - October offerings raised $122 million of gross proceeds expected to trigger start of construction of G2_Austin[30]