Mr. Craig Nicol reports

GMG ANNOUNCES GRAPHENE COATING PATENT APPROVAL AND CUSTOMER CASE STUDY SUCCESSES

Thermal-XR Enhance powered by Graphene Manufacturing Group Ltd. is now successfully patented in Australia for 20 years from the date of its grant.

Graphene Manufacturing is progressing this patent in various other countries and remains optimistic about the successful granting of this patent in other countries as well. Graphene Manufacturing is also proud to announce that the company and its distributors have successfully completed additional energy savings projects, including at a large international airport.

The energy savings observed due to the Thermal-XR Enhance coating on the cooling coils were on average a 10.6-per-cent reduction in temperature and a 10.5-per-cent reduction in air flow pressure across the cooling coils. Graphene Manufacturing is now working with distributors and the customer to identify and implement more projects.

The air flow pressure across these internal cooling coils was recorded before washing, after washing and then after coating with Thermal-XR Enhance. The recordings show a notable 6.5-per-cent reduction of air flow pressure due to the significant reduction in friction caused by the graphene coating.

Graphene Manufacturing's managing director and chief executive officer, Craig Nicol, commented, "Our partnership with our distributors continues to be quite successful and we look forward to implementing more energy savings projects with Thermal-XR powered by GMG Graphene with various other companies and around the world."

About Graphene Manufacturing Group Ltd.

Graphene Manufacturing Group is an Australian-based clean-technology company which develops, makes, and sells energy saving and energy storage solutions, enabled by graphene manufactured via in-house production process. Graphene Manufacturing Group uses its own proprietary production process to decompose natural gas (that is, methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high-quality, low-cost, scalable, tuneable and low-/no-contaminant graphene suitable for use in clean technology and other applications.

The company's present focus is to derisk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, Graphene Manufacturing Group has initially focused on graphene-enhanced heating, ventilation and air conditioning (HVAC-R) coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product Graphene Manufacturing Group has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.

In the energy storage segment, Graphene Manufacturing Group and the University of Queensland are working collaboratively with financial support from the Australian Ggovernment to progress R&D (research and development) and commercialization of graphene aluminium-ion batteries (G+AI batteries). Graphene Manufacturing Group has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.

Graphene Manufacturing Group's four critical business objectives are:

1. Produce graphene and improve/scale cell production processes;
2. Build revenue from energy savings products;
3. Develop next-generation battery;
4. Develop supply chain, partners and project execution capability.

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