| 2 Safe Harbor Statement This presentation is made solely for informational purposes and no representation or warranty, express or implied, is made by ClearSign Technologies Corporation (“ClearSign,” “we,” “us,” “our,” and, together with our subsidiaries, the “Company”) or any of its representatives as to the information contained in these materials or disclosed during any related presentations or discussions. This presentation is intended solely for the purposes of familiarizing investors with ClearSign. This presentation is not an offer to sell nor does it seek an offer to by any securities. This presentation contains forward-looking statements. These statements include statements about our plans, strategies, financial performance, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would,” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and its management team based on their experience, are inherently uncertain. All statements in this presentation regarding our business strategy, future operations, financial position, prospects, business plans and objectives, as well as information concerning industry trends and expected actions of third parties, are forward-looking statements. All forward-looking statements speak only as of the date as of which they are made. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions concerning future events that are difficult to predict. The following factors, among others, could cause actual results to differ materially from those set forth in this presentation: • our limited cash, history of losses, and our expectation that we will continue to experience operating losses and negative cash flows in the near future; • our ability to successfully develop and implement our technologies and achieve profitability; • our limited operating history; • changes in government regulations that could substantially reduce, or even eliminate, the need for our technology; • emerging competition and rapidly advancing technology in our industry that may outpace our technology; • customer demand for the products and services we develop; • the impact of competitive or alternative products, technologies, and pricing; • our ability to manufacture any products we design; • general economic conditions and events and the impact they may have on us and our potential customers; • our doing business in China and related risks with respect to intellectual property protection, currency exchange, contract enforcement, rules on foreign investment and pandemic era regulations; • the impact of a cybersecurity incident or other technology disruption; • our ability to protect our intellectual property; • our ability to obtain adequate financing in the future; • our ability to retain and hire personnel with the experience and talent to develop our products and business; • the financial and operational impacts of the coronavirus pandemic on our business and results of operations, including impacts on our day-to-day operations, collaborative arrangements, revenue and marketing efforts and suppliers; • our success at managing the risks involved in the foregoing items; and • other factors discussed in the section titled “Risk Factors” in our most recent Annual Report on Form 10-K. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date hereof or as otherwise specified herein. The Company undertakes no obligation to update any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forwarding-looking statements. |
