Renewable Diesel Market Value Proposition

IV DIVERSIFIED FEEDSTOCK & OPERATIONAL TIMELINE Expected Timing and Feedstock Mix (bpd) (bpd) ■Corn Oil ■ Tallow Fall 2022 20,000 Cooking Oil Vegetable Oil Canola Expanded Production О Commission and ramp up 18,000 O Renewable hydrogen plant 16,000 Feedstock pre-treat unit completely opens 14,000 universe of feedstocks 12,000 Capacity 15,000 bpd; conservative 80% 10,000 utilization in financial model 8,000 O 2,000 bpd renewable kerosene from the 6,000 outset Commission Hydrogen Pre-treat and 4,000 SAF sales 2,000 Arctic Spec Renewable Diesel 0 • 2024 Expansion O Hydraulic debottleneck expands MRL capacity to 18,000 bpd Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Production Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 TAR and Apr-24 expansion ! May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 20 20

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