iofina plc - 2015 interim results

Technology Leaders in Iodine®

Iofina plc2015 INTERIM RESULTS

SEPTEMBER 2015


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This Presentation is designed to provide information about Iofina and its business and operations. It is intended as general information only and is not to be relied upon forany particular purpose. In particular, no information contained in this Presentation constitutes, or shall be deemed to constitute, an invitation to invest or otherwise deal inany securities of Iofina. Although we endeavour to ensure that the content of this Presentation is accurate and up‐to‐date, Iofina gives no representation or warranty as tothe accuracy or completeness of any information contained in this Presentation.

Accordingly, no liability is accepted by such persons and they will not be liable for any direct, indirect or consequential loss (including without limitation loss of profit) ordamage suffered by any person resulting from the use of the information contained in this Presentation, or for any opinions expressed by any such person, or any errors,omissions or misstatements made by any of them. Nothing in this notice excludes any remedy in respect of fraud or fraudulent misrepresentation.

This Presentation does not purport to be comprehensive or contain all the information the recipient may need and Iofina does not accept any liability or responsibility forthe accuracy or completeness of, nor makes any representation or warranty, express or implied, with respect to, the information on which this Presentation is based or thatthis information remains unchanged after the issue of this Presentation.

This Presentation contains forward‐looking statements, beliefs and opinions which involve risks and uncertainties and actual results and developments may differmaterially from those expressed or implied by these statements, beliefs or opinions depending on a variety of factors and accordingly there can be no assurance that theprojections or developments will be achieved and no representation or warranty is given as to the reasonableness or achievability, and no reliance should be placed on anyprojections, estimations or forecasts or the statements, beliefs and opinions expressed herein. In addition, this Presentation contains historical information and it shouldbe noted that past performance cannot be relied on as a guide for future performance.

No duty of care or otherwise is owed by Iofina or any of its connected persons to any other person in relation to this Presentation.

This notice is to be interpreted and construed in accordance with English law and any claims or disputes arising out of, or in connection with, this notice shall be subject tothe exclusive jurisdiction of the English courts. By accepting this presentation you agree to be bound by the foregoing restrictions.

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2015 Interim Update 3


IofinaThe Company

Iodine production from third party brine

Specialized chemical iodine

derivatives

Recycling of iodine from

chemical waste streams

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Iofina plc

Iofina is focused on establishing itself as a material producer of iodine and iodine chemical derivatives through its three cores businesses:

Processing of mid‐stream third party brine streams

Specialty chemical division for vertical integration in iodine derivatives and other halogens

Recycling of iodine using iodinated side‐streams from production processes

What drives growth?Co‐produced brine water from third party natural gas and oil wells drives iodine production, which drive the chemical business and allows for some recycling.


The iodine industryIodineEssential for life and industry Global demand exceeding 33,000

MT in 2014

Robust contrast media growth from emerging BRIC countries in addition to an ageing global population

New applications for environmental remediation

Established catalyst, pharmaceuticals, and biocide markets

Continued growth in demand for OPF (used in LCD screens)

Primary uses are related to human health and nutrition

Global Demand:

CAGR 2002‐2014: 4%

Worldwide Demand by Sector

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*source Iofina plc

Fluorine derivatives

7%

Heat stabiliser7%

Animal nutrition

8%

Catalysts10%

Optical polarising film

13%

Pharmaceuticals13%

Biocides16%

X‐ray contrast media22%

Others4%


Iodine marketSignificant potential through diversification of production

Chile – 56% of global production from caliche ore

SQM (NYSE listed) accounts for 26% of global production

Japan – 19% of global production, five producers from gas brine water

Production expansion within the country is very limited

United States – 6% of global production all from gas brine in the Anadarko Basin in Oklahoma where producers were purchased by the Japanese

US imported more than 5,300 MT in 2014 (Source: USGS)

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USA6%

Chile56%

Japan19%

Recycling17%

Others2%

2014 Iodine Production

North America23%

Western Europe36%

China8%

Japan7%

India7%

Others19%

Worldwide Consumption of Iodine by Region and Country


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World Production and Average Price (1960‐2015 + Trendline)

World Production (MT) Price($)/kg

Global iodine production and pricing 7

•Market growth from 18,000MT in 2000 to >33,000 MT in 2014

Demand IncreasingDemand Increasing

•Battles over water ownership and legal issues in Chile•Diminishing resource in Japan

Long‐term Supply

Constrained

Long‐term Supply

Constrained

•2014 Average Pricing ~$37/kg•Expected to recover to long term trend•Current pricing approaching or above costs for some producers

Prices Expected to Recover

Prices Expected to Recover


First half 2015 headlinesOn track to become a major iodine producer

294.1 MT of crystalline iodine produced (H1 2014: 139.9 MT)

110% increase in production

Continued reduction in operating costs

Significant improvement in maintenance and repair costs

Shutdown of IO#1

Focused iodine production in the Company’s core area

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Continued global growth in a competitive market

Over 10% increase of iodine lbs sold through derivatives on a YOY basis compared to H1 2014

Expanded production capacities of key derivatives

Specialty Gas Sales are up 155% over H1 2014

New product development bringing added value to iodine integration

Iofina Resources Iofina Chemical


Losses reduced to US$467,481 (H1 2014: US$1,303,081);

Prudent cost control with cash and short term investment balance at $4,760,784 (H1 2014: $6,270,754);

Record EBITDA of US$1,409,329 (H1 2014: US$349,466);

Revenue of $11,062,861 (H1 2014: $13,020,185); and

Basic loss per share $0.004

9Financial results1H 2015 (unaudited)

Iodine and Iodine Derivatives TotalSix months ended June 30, 2014 (Unaudited) $ $Revenue 13,020,185 13,020,185Gross (loss)/profit* 4,074,090 4,074,090Segment result* 712,549 (1,303,081)

*see notes 3 and 4b 2015 interim results

Year ended December 31, 2014 (Audited)Revenue 25,848,927 25,848,927Impairment (1,216,427) (2,522,696)Gross (loss)/profit 2,641,332 2,641,332Segment result (1,539,329) (6,649,132)

Six months ended June 30, 2015 (Unaudited)Revenue 11,062,861 11,062,861Gross (loss)/profit 2,897,343 2,897,343Segment result 1,648,457 (467,481)


Iofina ResourcesBusiness Model Extract iodine from third party produced brine water

Water supply still prevalent despite decline in oil price Locate plants at salt water disposal well (SWD) sites Low cost producer

Low cost scalable plants Current plants up to 30k bpd Mobile plant designed for up to 10k bpd Produce crystallized iodine and prilled iodine

Sell iodine as a chemical derivative or as raw iodine

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Patented and Patent Pending

Iodine TechnologyWater supplied through third party contracts

Third Party Oil and Gas Production


Proven modelWET® with IOsorb® technology

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IO#2 successfully commissioned in Oklahoma January 2013

IO#3 successfully commissioned in December 2013

Improved extraction efficiency

Continuous operation 24/7 ‐ automation added

Production area in early stages of large horizontal oil boom

IO#4 successfully commissioned in April 2014

IO#5 successfully commissioned in April 2014

IO#5 & 6 simultaneously started producing in August 2014

IO#5 & 6 tower incorporate FRP fibreglass towers in place of titanium

IO#2‐6 located within 15 miles of each other allowing staff and resource sharing

Brine leasing is on‐going in target areas

IO#2‐4 IO#5‐6


Significant milestones achieved 12

Exceeded production guidance

• 294.1 MT produced compared to original guidance of 220‐260 MT

Record Iodine Production

• 110% increase in production YOY

• Quarterly record production of 166.2 MT in Q2 2015

EBITDA positive in H1 2015

• EBITDA in H1 2015 of $1,409,329 versus $349,466 in H1 2014


Iofina Resources Iodine production growth 13

0

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1Q 2013 2Q 2013 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q2015

Iodine Produced (MT/quarter)


Company has been producing high quality Iodine and other halogen derivatives for over 32 years

Recognized globally for iodine expertise and product quality

Fully integrated with Iofina Resources produced iodine

Company owned chemical manufacturing facility located in Covington, KY USA

Continues to expand markets served and provide new product offerings

Diversified into many different Iodine markets including:

Pharmaceuticals

Biocides

Animal Health

Industrial Catalysts

Sales of Iofina Resources produced iodine:

IOprillTM iodine

Crystalline IOfloTM iodine

14Iofina Chemical


Atlantis Water Project(non‐core)

Filed for industrial water rights to construct a water depot in Montana for up to 80,000 bpd of water primarily for oil and gas applications

Permit preliminary granted in October 2014 Following an objection hearing, permit denied in June 2015 Filed for a Judicial Review in District Court of the file as the

DNRC Hearing Examiner’s ruling was ‘a departure of past practices’ of previous permitting procedures

Scheduling conference set for October 3rd 2015 Expect Briefs filed by December 2015 with arguments to be

heard in January 2016 Ruling expected late Q1 early Q2 2016 The Company will maintain its leases and right of ways but will

not put other resources toward this project during this review process

Positioned to reopen this non‐core project if appeal is successful

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Goals and targets2015:

Expand production capacity through improved efficiencies and strategic plant expansion Production capacity expanded through improved efficiencies

Production target of 220‐260 MT of crystalline iodine in the first half of 2015

Exceeded production guidance for 1H2015

H2 2015 production target of 260‐300 MT of crystalline iodine

On track

Develop additional products to expand derivative production alongside increased iodine production Additional products developed to utilise increased iodine production

Beyond 2015:

Continue trend of record production and revenues while reducing iodine production costs

Expand external sales of raw iodine

Become the leading USA iodine producer through improved plant efficiencies and strategic plant expansion

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Mobile WET®IOsorb®


IofinaWell Positioned for the Future

Patented proprietary technology

Vertical integration to

iodine derivatives market

Low cost iodine

production

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A growth company with a unique model for producing a resource with a limited global supply

• Partnered with major independent oil and gas companies

• Low cost iodine producer• Chilean producers’ costs increasing due to water,

energy and labour

Vertically integrated• Iodine production and iodine chemical derivatives

manufacturer

Patented and patent pending proprietary technology• Extracting iodine located at the injection site from

brine co‐produced with oil and gas

Upside Potential on deep shale rights or if water permit decision is reversed

• Atlantis Field• Deep shale rights• Helium

• Fresh Water Depot• Pending judicial review


Appendix 18


Key PersonnelLance Baller, Non‐Executive Chairman and Co‐Founder

Former CEO and President Iofina plc 2010 to May 2013, former Finance Director 2007‐2010 and Secretary from 2007 to 2013 Former Managing Partner of Shortline Equity Partners, Inc.; a former Vice President of the investment banking firms UBS AG and Morgan

Stanley Significant investment, audit and corporate governance experience

Tom Becker, PhD, President and CEO of Iofina plc Current President/CEO Iofina plc and Iofina Chemical, Inc. Named President/CEO of Iofina plc September 2014; Named President/CEO Iofina Chemical March 2010 Former VP of Research and Development for H&S Chemical (acquired by Iofina and now Iofina Chemical) Extensive experience in scale‐up of chemical processes from laboratory to pilot to full scale production, global iodine expertise

Michael Coddington, Finance Director CFO Iofina Chemical since 2010 Bachelor of Business Administration degree, Finance and Accounting, University of Cincinnati Over 30 years of experience from Controller to CFO for manufacturing and production companies

Forest Dorn, COO Iofina Resources Former Member/Manager of Avanti Exploration, LLC.; former Board member and Senior Vice President of Forest Oil Corporation (NYSE: FST;

$1.01bn cap) Over 30 years of broad oil and gas experience

Kurt Jones, COO Iofina Chemical Over 15 years experience at Iofina/H&S Chemical with various duties including VP Technical Sales and Business Development Global iodine derivatives expert

Scott Formolo, Vice President Operations and Geologist Graduate from Colorado School of Mines Experience in iodine exploration, process design, geology, iodine operations, and hydrology

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Iofina Locations 20

Iofina Chemical ‐ KentuckyAcquired in July 2009

IO#2 ‐ OklahomaJanuary 2013

IO#3 – OklahomaDecember 2013

IO#4 – OklahomaApril 2014

IO#5 – OklahomaApril 2014

IO#6 – OklahomaAugust 2014


Atlantis and Montana Water ProjectNon‐core

Atlantis Project Large water resource (35 billion barrels)

co‐produced with natural gas and iodine development

Issued permit to discharge treated water in adjacent reservoir

Water proven to be economically treatable (Low organics, sulfates and TDS)

Endorsed by U.S. Fish and Wildlife (USFW) Services for Bowdoin Wildlife Refuge located along the Missouri River

Adjacent to new oil discovery and helium production

Actively marketing deep rights potential Large acreage position Bakken/Exshaw and Three Forks Shale

formations present on 3D data

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Iofina


Wellhead Extraction Technology (WET®)Patented technology

WET® Previous iodine extraction technologies rely on the incoming brine stream’s pH being carefully controlled, use hazardous chemicals, and require high CAPEX

Brine stream iodine extraction using standard chemicals

Extraction agnostic

WET® plants capable of handling up to 30,000 bpd

Custom designed plant can be built or multiple modular WET® plants can be used together for larger sites

New designs for hyper iodine sites and higher volume sites over 30,000 bpd

Accelerated return on capital investment

Patent for iodine extraction based at the injection site that contains oil and other impurities associated with oil and gas production

22WET® Chemical‐based

(Cold Brine Streams) Chemical‐based method using an anion exchange resin, to which the iodine anions are attracted

Method can also be based on a “physical system” for separating out iodine molecules in a physical trap using carbon

Pre‐filtration required to handle oil and other impurities

Only works on cold brine streams

Iodine extraction yields of up to 70%

WET® with IOsorb® Handles oil and other impurities without pre‐filtration

Iodine extraction yields of up to 98%

Produces elemental iodine in the field

50‐450mt per plant per annum depending on iodine content, temperature and brine flow

Works on both cold or hot brine streams


Corporate HistoryCurrent structure

Incorporated in 2005 and registered in England and Wales under the Companies Act 1985 with registered number 5393357

127,569,398 shares issued, directors and management own 3.54% 100% wholly owned subsidiary Iofina, Inc.‐ Iofina Resources, Inc. and Iofina Chemical, Inc. are 100% wholly

owned subsidiaries of Iofina, Inc.

Listed on the London Stock Exchange’s AIM market Ticker IOF IPO ‐ May 9th 2008, Gross funds of £15.1m raised a placement at 55p Secondary Offering ‐ Feb 2009, £5m for iodine derivatives business at 55p Secondary Offering ‐ April 2011 of £2.84m raised through a placement of 10.52m shares at 27p, for business

development and to drive expansion, the maximum allowable under the Company’s existing authorities Secondary Offering ‐ May 2012 secondary offering of £4.33m raised through an oversubscribed placing of

11.57m shares at 37.5p, accelerate rollout of WET® Iosorb® plants, the maximum allowable under the Company’s existing authorities

Convertible bond placement ‐ May 2013 for $15m due May 2017. Conversion price of 100p and coupon of 6.0%

Convertible bond placement ‐ May 2014 for $5m due May 2017. Conversion price of 40p and coupon of 6.0%

Current Financial Strength Owner of chemical plant and five IOsorb® plants Strong portfolio of intellectual property

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Board of DirectorsLance J BallerNon‐Executive Chairman

Mr. Baller was co‐founder, CEO and President of Iofina Plc since prior to his departure for health reasons in June 2013. Mr. Baller was the Group’s Finance Director from 2007 until his appointment as CEO in 2010. Mr. Baller is the former managing partner of The Elevation Fund and Elevation Capital Management. Mr. Baller is the former managing partner of Shortline Equity Partners, Inc., a mid‐market merger and acquisitions consulting and investment company in the United States. He has actively served on the investment, audit, corporate governance and compensation committees, while on the board of directors of companies in Asia and North America. Mr. Baller is also a former vice president of mergers and acquisitions, financing and corporate development at Integrated Biopharma, Inc., and prior to this a vice president of the investment banking firms UBS AG and Morgan Stanley. He has served as Chairman to various companies and has led successful restructurings. Mr. Baller is on the board of trustees of Index Funds and also serves as the chairman of the audit committee and as the audit committee financial expert under the Sarbanes‐Oxley Act of the United States for Index Funds.

Dr William D BellamyNon‐Executive Director

Dr. Bellamy is the former Senior Vice President of the Water Business Group at CH2M HILL, Inc. (“CH2M”), a company he has worked at for 30 years until his recent retirement. CH2M is one of the largest consulting engineering companies in the world, providing leadership and strategic direction for the water business and application of technologies worldwide. Dr. Bellamy has participated in energy and sustainability forums, including as a panellist at the World Future Energy Conference in Abu Dhabi, the World Bank Sustainable Cities Symposium and the Future of Water Economic Forum. Dr. Bellamy serves as Professor of Practice at the University of Wyoming, where he teaches graduate courses and is responsible for securing grants and research funding in the areas of water resources, water treatment and sustainable energy development. Dr. Bellamy has a PhD in Civil Engineering from Colorado State University, an MSc in Civil (Environmental) Engineering from the University of Wyoming and a BSc in Electrical (Bio‐Medical) Engineering from the University of Wyoming.

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Board of Directors (cont’d)Dr Thomas M BeckerExecutive Director, CEO & President

Dr. Becker was named President/CEO of Iofina Chemical in March 2010. Previously, Dr. Becker was the Vice President of Research and Development at H&S/Iofina Chemical. Iofina bought H&S in July 2009. Dr. Becker has conducted extensive research in both inorganic and organic halogen based chemistry. Dr. Becker has written a magnitude of published technical papers in his career. Prior to H&S Dr. Becker worked as an Oak Ridge Scholar on behalf of the US EPA and for various other chemical manufacturing companies. Dr. Becker earned a BS in Chemistry from Indiana University, and a PhD in Chemistry from the University of Cincinnati. He has extensive experience in scale‐up of chemical processes from laboratory to pilot to full scale production and is the inventor on several chemical patents/patent applications.

Mike CoddingtonExecutive Director, Finance Director

Mr. Coddington has 30 years of Accounting and Finance experience in various manufacturing industries. He served as the Group's Finance Director from 2010 until 2013. He was reappointed as Finance Director in 2014. He began his career in 1980 with Cincinnati Milacron, a world leader in manufacturing of machine tools, and advanced to Accounting Manager of the Electronic Systems Division. In 1990 he joined Printpack, Inc., a manufacturer of printed flexible packaging, as a Plant Finance Controller. In 1995, Printpack created a joint venture company called Orflex Ltd., and Mr. Coddington served as Finance Controller for six years. Orflex Ltd. was acquired by Diversapack LLC in 2001, and he served as Corporate Finance Controller until 2010. In February 2010 Mr. Coddington was hired as CFO of our wholly owned subsidiary, Iofina Chemical, Inc., to strengthen the Finance controls, procedures and budgeting aspects. Mr. Coddington earned a BBA in Finance and Accounting from the University of Cincinnati.

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US Based Shale Plays 26