Sustainably Growing Shareholder Value

WELL POSITIONED TO LEAD IN BIOFUELS Replacing crude oil with biofeeds to produce lower-emission transportation fuels Growing Vegetable oils camelina, canola Agricultural waste wheat straw, corn stover Woody biomass forestry residue, sawdust Future potential 3rd generation biofeed Refinery Near-term projects focused on Canada, Europe and California, where regulations support attractive returns BIOFUELS POTENTIAL $1 TRILLION MARKET SIZE BY 20501 See Supplemental Information for footnotes and definitions. 59

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