VRB Energy Inc.

Our company has developed the most reliable, longest-lasting vanadium flow battery in the world, with more than 500 megawatt-hours installed and in construction worldwide, and over 1,000,000 hours of demonstrated performance. VRB Energy is majority-owned by Ivanhoe Electric (NYSE and TSX: IE), a United States-domiciled, critical minerals exploration and development company that also invests in metals and minerals-based technologies to sustainably support an urbanizing planet and the global transition to renewable energy.

VRB-ESS® MW-Class system can be combined with almost any volume of electrolyte according to the requirements of a particular application. Typical configurations use four, six or eight hours of storage depending on the amount of energy required.

VRB-ESS® MW-Class benefits:

• Low cost, Safe, Scalable
• 100% Capacity, Long Life

VRB-ESS® GW-Class benefits:

• Pair VRB-ESS® with solar and wind generation to create a power plant solution that delivers firm and reliable power throughout the day
• Lower lifecycle cost of energy LCOE than traditional forms of generation
• Shorter lead time to implement than a new peaker plant
• More than 100% of hours provide a variety of ancillary services (as opposed to peaker plants that are only operated about 5% of hours)