• Awarded $0.492m AEA Ignite grant to accelerate catalyst development for SiPHyR hydrogen technology
• Built and tested Heat-as-a-Service (HaaS) business model for customers
• HaaS has accelerated commercial engagement with industrial and utility customers

1414 Degrees Ltd (ASX: 14D) released its quarterly activity report and Appendix 4C for the period ending 30 June 2025. The company continued to build momentum behind its Heat-as-a-Service (HaaS) business model, progressing key opportunities with a major Australian manufacturer and a European chemical processor. Engineering studies were also completed for a proposed 1 MW/10 MWh SiBox project. The company's SiPHyR methane pyrolysis technology secured a $492,526 AEA Ignite grant to accelerate catalyst development, complementing the existing CRC-P grant. SiPHyR continues to show promise as a faster, lower-cost solution for delivering clean hydrogen and valuable solid carbon. 1414 Degrees also reinforced its leadership position through active participation in industry and investor forums. Negotiations and planning progressed for the Aurora Energy Precinct, with the 140MW/280MWh grid-scale battery project advancing to final impact assessment. The company ended the quarter with $1.922 million in cash.

1414 Degrees' three clear priorities for the September 2025 quarter are to secure customer commitments for HaaS contracts, advance SiPHyR catalyst development and strategic positioning, and continue building its pipeline of commercial and demonstration projects to scale revenue streams.