Renewable Diesel Feedstock Perspective

Supplier Supplier A Supplier B Tallow MRL FEEDSTOCK CONTRACTING 59 local point sources aggregated by blue chip suppliers Feedstock Type Industry Global Conglomerate Meat Processor Volume (bpd) 1,000 500 Supplier C Meat Processor 500 Supplier D Diversified Producer/Aggregator 500 Supplier A Global Conglomerate 1,000 Canola Supplier E Global Conglomerate 500 Supplier F Global Conglomerate 500 Supplier D SBO Diversified Producer/Aggregator 500 Supplier A Global Conglomerate 500 DCO Supplier G Diversified Producer/Aggregator 3,000 Supplier D Diversified Producer/Aggregator 3,000 (treated and untreated) Targeting a mix of term and spot supply to balance risk mitigation and value optimization O Geographic advantage makes sense to suppliers-5x oversubscribed on offers; prioritized subset of suppliers by geography and feedstock flexibility ○ Signed contracts for commissioning requirements (~5,000 bpd required at startup) • 2023 volume in late stages of negotiations 6

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