Rebranded artefact · rebuilt 20 July 2026 under the locked brand system
Source · LockwoodAdvisory_Airbridge_Engagement-Scope_v3-final.pdf
Note · content reproduced from the original. Not a reissued document.
Lockwood Advisory
Engagement Scope

Airbridge

Strategic Advisory
Commercialisation · Capital · Partnerships
Engagement details
Issued
3 June 2026
Valid until
30 June 2026
Prepared for
Michael Pixley
Chair and Non-Executive Director · Airbridge
Michael Oosterhof
Non-Executive Director · Airbridge
John Groppoli
Non-Executive Director · Airbridge
Lockwood Advisory Pty Ltd
Nicole Lockwood
+61 401 655 686
nicole@lockwoodadvisory.com.au
PO Box 809, South Fremantle WA 6162
ABN 76 979 340 565
Lockwood Advisory Pty Ltd · ABN 76 979 340 565 · GST Registered
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Engagement Scope · Airbridge
Strategic Advisory · Capital · Partnerships
Context

Context

Airbridge is at a pivotal stage in its commercialisation journey and is seeking the assistance of an independent consultant to secure industry partnerships and funding. This focus relates to both the Australian domestic roll-out and expansion into Europe.


About

About Nicole Lockwood

Nicole sits at the intersection of policy, infrastructure and capital · uniquely placed to support Airbridge's commercialisation across Australia and Europe. Her practice combines deep relationships across Federal and State governments, peak industry bodies and the institutional capital community with the strategic lens of someone who has structured deals from both the funder and recipient sides.

Previous roles span:

Lockwood Advisory Pty Ltd · ABN 76 979 340 565 · GST Registered
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Engagement Scope · Airbridge
Strategic Advisory · Capital · Partnerships
Section 01

London Climate Week

  • Attendance at LCW events to promote Airbridge
  • Targeted meetings with potential industry partners and investors

Commercial terms for this component

  • Nil fee for time
  • Airbridge to cover travel costs (flights, transfers, accommodation, meals)
  • Any ongoing relationships secured fall under the scope of Section 2 below
Lockwood Advisory Pty Ltd · ABN 76 979 340 565 · GST Registered
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Engagement Scope · Airbridge
Strategic Advisory · Capital · Partnerships
Section 02

Ongoing Services

Focus areas

  • External capital
  • Investor readiness
  • Deal structuring
  • Strategic partner / investor lead
  • Government programs, policy engagement, public funding positioning

Services include

  • Identifying and establishing industry relationships.
  • Guiding participation in government funding programs (e.g. CRCs, CCUS programs, EU/UK funds) from a capital-stack perspective · not just grant chasing.
  • Leading structured engagement with WA and Commonwealth governments, including relevant departments and ministers, around CCU, industrial decarbonisation, and funding programs.
  • Ensuring messaging alignment: what is said to government about decarbonisation outcomes matches what is said to investors and industry.
  • Routine check-in and reporting of progress to the Board.
Lockwood Advisory Pty Ltd · ABN 76 979 340 565 · GST Registered
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Engagement Scope · Airbridge
Strategic Advisory · Capital · Partnerships
Section 02 · Commercial terms

Hourly rate: Nicole's standard corporate rate is AUD $500 / hour ex GST. For Airbridge, a discounted rate of AUD $450 / hour ex GST is offered in acknowledgement of the ongoing role.

Indicative commitment: While it is difficult to quantify the specific resource commitment, the works are estimated to be approximately 1 day per fortnight over the period July · December 2026.

Section 03

Success Fee

In recognition of the value of Nicole's deep and meaningful connections · drawing on her reputation and relationships, with a focus on known and established credible references · a success fee applies for clients and investment secured, irrespective of jurisdiction.

The fee is a percentage of funds raised, applied on a sliding scale:

Funds raised Success fee
Up to AUD $1m 5.0%
Over AUD $1m up to AUD $5m 3.0%
Over AUD $5m up to AUD $10m 2.0%
At or over AUD $10m 1.5%
Lockwood Advisory Pty Ltd · ABN 76 979 340 565 · GST Registered
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Engagement Scope · Airbridge
Strategic Advisory · Capital · Partnerships
Terms

Conditions

Commission fees shall be payable for qualified and eligible leads:


Terms

Exclusions


Next steps

Any questions on the scope above · please reach out directly. If the terms are acceptable, we will follow up with a formal engagement letter capturing these terms and effective date.

Lockwood Advisory Pty Ltd · ABN 76 979 340 565 · GST Registered
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