May 19, 2022

Newsletter

Archer well funded, progressing on strategy

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Good morning, in this edition of Archer’s Newsletter, we highlight the Company’s recent shareholder and investor outreach and events, and present an overview of Archer’s progress.

It was wonderful to reconnect with our shareholders in-person across Adelaide, Melbourne, and in Sydney after the hiatus caused by COVID-19. Archer has come a long way over the last 2 years, and it was great to give you an insight to the wonderful work Archer has been doing.

The Company is well funded for the foreseeable future and our strategy is focused on growing the team and the development of advanced semiconductor devices.

The semiconductor industry is the highest of hi-tech industries, being marked as one of the largest and one of the most important sectors in the world. I cannot understate how important it is that Archer has access to talent, IP, technology, and cutting-edge facilities.

As I mentioned in our recent presentations, Archer’s growth and progress is not a result of overnight success. It is the result of the quality of work we do, the quality of management we employ, and the quality of the organisations we work with.

The devices we are building and our development to date testify to this and I am confident in our ability to execute on our strategy, and I look forward to updating you on our exciting journey ahead.

Sincerely,
Dr Mohammad Choucair, FRACI FRSN GAICD
Chief Executive Officer
Archer Materials Limited (ASX: AXE)

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