1. Z SHIPS INTERNATIONAL CCC LTD.
PRESENTATION
October, 2015
VANCOUVER CANADA
ZERO Fossil fuel ZERO Emissions ZERO Fuel costs

2. You see waves; what you are really looking at is
ENERGY in motion

3. PROBLEM
Emissions regulations
Future strict environmental standards
Customers and Public opinion about Air and
Water Pollution and Climate change
Upcoming CO2 emissions targets

4. SOLUTION
Z SHIPS
ZERO Fossil fuel
ZERO Emissions
ZERO Ongoing fuel costs

5. Using a combination of:
Proprietary Wave Energy Conversion
Technology
Solar panels
Wind (sails & turbines)
Magnetic engine generators
SOLUTION

6. TEAM
DIRECTORS
Jose Luis Gutierrez-Garcia, Regenerative Solutions
Juan Pablo Maureira, Engineer, Business Development
Laurent H. Selles, Patents Expert & WIPO Green Advisor
Roy Wagner, Inventor, Project Management
ADVISORS
Jaime Quadra-Salcedo, Naval Architect and Marine Engineer
Matthias Kempen, Ship and Environmental Engineering
LEGAL
Selina Lee-Andersen, Lawyer with McCarthy Tétrault

7. CORPORATE STRUCTURE
ACTING C SUITE
UpGyres
Not
for
Profit
59
%
Equity
Juan
Pablo
Muareira
COO
Laurent
Selles
CIO
Roy
Wagner
CTO
Z
Ships
CCC
=
B-­‐Corp
Jose
Luis
Gu�errez-­‐Garcia
CEO,
CSO
Class
B
Shares
Investors
25
%
Equity
Class
C
Shares
Stock
Op�ons
16
%
Equity

8. VISION
To replace the use, costs and emissions of fossil
fuels with renewable energy, electricity and storage.

9. BACKGROUND
The market wants to buy:
New energy-efficient systems for production,
storage and conversion of energy.
Functionality (a complete system) and not
components.

10. COMPETITION
LNG ship retrofits
ROLLS ROYCE
Hydrogen Electric Hybrid using diesel
generators
MAN DIESEL & TURBO
SIEMENS
Z Ships competition offers savings of 40% to
50% in fuel costs and reduced emissions.

11. DEMO

12. MARKET DATA

13. COMPETITIVE DATA
FISHING SHIPS max. 499 GT
Tons/year Euros/Ton Euros/year Can $/year
Fuel Oil cost (euros/ton)
480
Fuel Oil Consumption (250 days/year):
1,500
Fuel Oil cost (euros/year) (Can $/year)
720,000 983,722
LUBRICATING OIL
5 21,600 29,512
TOTAL FOSSIL FUEL COST
741,600 1,013,233
COST TO RETROFIT ONE FISHING VESSEL
4,391,486 6,000,000
ROI in Years
6
Note: Fuel consumption of 5 trips of 50 days each = 250 days/year

14. GO TO MARKET PLAN
ZSHIPS was a finalist at Our Oceans Challenge - Global
acceleration platform for new ocean ventures.
We are already marketing and promoting our products.
Funding will allow us to build ZSHIPS brand awareness and
marketing campaigns.
We will use the Zship prototype for marketing voyages. A round
the world voyage will attract press and media attention globally.

15. BUSINESS MODEL
Customers
Fuel savings: 100%
Emission reductions: 100%
Payback: 6 years
Opportunity Costs &
Revenues per year / per Z
Ship: $2,404,411
Opportunity Costs &
Revenues in 30 years / per Z
Ship: $72,132,335
Low OPEX for 30 years
Investors
Steady growth every
year (first 7 years)
10 % growth rate
from year eight (8)
Breakeven: 2.06
units
NVP at 10 % in 10
Years: $181.4 Mi
CAD

16. FINANCIALS
CASE
Nº Retrofitted
Ships at (10)
Nº New
Ships at (10)
NPV Can $
after taxes (10)
NPV Can $
after taxes (6) TIR ROI after Taxes %
CASH FLOW Can $
after taxes (10)
W- Worst 80 0 108,761,113 43,991,554 106% 29.16 199,317,021
R - Realistic 123 0 181,371,074 55,983,422 147% 52.53 343,287,798
A -Aggresive 160 5 237,956,018 57,560,396 120% 68.16 465,870,798
SA 160 10 242,445,576 59,583,539 121% 69.32 473,768,117
-$6,534,650 $7,594,064 $5,963,605 $15,764,116 $24,827,329 $35,245,310 $46,970,172 $59,968,484
TOTAL REVENUES
$
- $ 19,976,210 $ 27,420,782 $ 55,938,396 $ 78,453,601 $ 101,847,038 $ 126,144,831 $ 151,373,797 $ 169,841,401 $ 188,987,158
TOTAL COGS EXPENSES $ 4,710,000 $ 7,056,000 $ 13,406,400 $ 25,472,160 $ 33,273,009 $ 40,230,093 $ 46,408,286 $ 51,868,084 $ 54,202,148 $ 56,173,135
TOTAL OPERATING EXPENSES $ 765,650 $ 3,231,635 $ 4,283,647 $ 7,927,475 $ 10,812,427 $ 13,779,567 $ 16,845,074 $ 20,013,151 $ 22,324,664 $ 24,713,879
TOTAL STAFFING EXPENSES $ 1,059,000 $ 2,094,511 $ 2,527,774 $ 3,992,742 $ 5,159,543 $ 6,372,308 $ 7,632,445 $ 8,941,404 $ 9,914,670 $ 10,924,338
TOTAL EXPENSES $ 6,534,650 $ 12,382,146 $ 20,217,822 $ 37,392,377 $ 49,244,979 $ 60,381,967 $ 70,885,805 $ 80,822,639 $ 86,441,482 $ 91,811,351
TOTAL COST PER SHIP $ 6,534,650 $ 6,191,073 $ 5,054,455 $ 4,674,047 $ 4,476,816 $ 4,312,998 $ 4,169,753 $ 4,041,132 $ 3,929,158 $ 3,825,473
Ratio % TE/Total Revenues 61.98% 73.73% 66.85% 62.77% 59.29% 56.19% 53.39% 50.90% 48.58%
Gross Net
Profit/Loss -$6,534,650 $7,594,064 $7,202,961 $18,546,019 $29,208,622 $41,465,071 $55,259,026 $70,551,158 $83,399,919 $97,175,807
Corporated Taxes $0 $0 $1,239,356.28 $2,781,903 $4,381,293 $6,219,761 $8,288,854 $10,582,674 $12,509,988 $14,576,371
Net Profit/Loss after Tax -$6,534,650 $7,594,064 $5,963,605 $15,764,116 $24,827,329 $35,245,310 $46,970,172 $59,968,484 $70,889,931 $82,599,436
NPV Millions CAN $
$ - $ 369,045 $ 5,297,644 $ 17,141,458 $ 34,098,857 $ 55,983,422 $ 82,496,859 $ 113,270,174 $ 146,340,850 $ 181,371,074
YEAR Nº 1 2 3 4 5 6 7 8 9 10

17. TRACTION
Partnerships:
Our Oceans Challenge, Netherlands
McGill University Department of Chemical
Engineering, Quebec
Southtek Sensing Technologies, Spain.

18. EXECUTION TIMELINE
2015
● October.……………..Term sheets & launch of Z Ships
● December…………..Closing of first round 50 %
2016
● Jan-Oct……………….Z Ships builds prototype retrofit V0
● Nov-Dec……………..Technical Validation and Invitation of key
players & partners
2017
● January…………….…First orders globally

19. ● Pre-money value: CAD$ 21 M
● First Round: 25% equity CAD$ 7 M
● Post-money value: CAD$ 28 M
● Estimated value Q4 2025: CAD$ 181 M
NEXT STEPS

20. 6 years plan
Cash Flow & Net Present Value NPV ~ $56 Mi CAD
1 2 3 4 5 6
Cash Flow Can $ -$6'534'650 $1'059'414 $7'023'019 $22'787'135 $47'614'464 $82'859'774
NPV Can $ $- $369'045 $5'297'644 $17'141'458 $34'098'857 $55'983'422
Nº acum. retrofitted ships 1 3 7 15 26 40
Nº acum. new ships 0 0 0 0 0 0
0
4
8
12
16
20
24
28
32
36
40
44
48
52
56
60
-$10'000'000
$0
$10'000'000
$20'000'000
$30'000'000
$40'000'000
$50'000'000
$60'000'000
$70'000'000
$80'000'000
$90'000'000
NºofShips
CANADIAN$
CASH FLOW - CASE R - Accumulated Nº of retrofitted & new ships
NPV - 6 years plan
Cash Flow Can $ NPV Can $

21. THANK YOU
Contact:
Jose Luis Gutierrez-Garcia, CEO, CRO
CANADA | joseluis@upgyres.org | Tel: 1 + 604 984 4327