Innovation Engine Report

Strategic Project Funnel Is Robust And Continues To Shift Toward Growth Platforms NOVEMBER 2022 Carbon Capture Clean Fuels Sustainability & Decarbonization: $1.7B Energy Transition: $3.5B Growth Platforms: $3.7B AUGUST 2023 EV Battery Carbon Capture Clean Fuels Sustainability & Decarbonization: $2.8B Energy Transition: $4.9B Growth Platforms: $6.2B Hydrogen Renewables Nuclear $7.1B LNG Traditional Energy Chemical Traditional Power Life Sciences / Metals & Mining 1 Life sciences and metals & mining funnel increased ~$1B due to change in criteria 7 Hydrogen Renewables Nuclear $9.7B Traditional Energy Organic Growth: 23% Criteria Changes¹: +$1B Chemical Traditional Power Life Sciences LNG Metals & Mining EMERSON

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