LanzaTech SPAC Presentation Deck

Financial Benchmarking 2025E EBITDA Margin 40 % 35% 30% 25% 20% 15% 10% 5% 0% Ox gevo (0x, 51%) ORIGIN GINKGO BIOWORKS™ THE ORGANISM COMPANY ITM POWER 1 x LanzaTech PLUG POWER 2025E EBITDA / Capital Expenditures | 2025E EBITDA Margins 2x NESTE 3 x AKER CARBON CAPTURE LanzaTech ● stem -chargepoin+ 4 x 5 x 6 x 2025E EBITDA / Capital Expenditures novozymes 7x amyris 8 x Synthetic Biology Sustainable Materials / Fuels Decarbonization Enablers 9 x 10 x Source: LanzaTech management, Public disclosures, Capital IQ, Bloomberg and IBES Estimates; market data as of 02-Mar-2022 Note: LanzaTech Adjusted EBITDA adds back stock-based compensation and includes LanzaTech's share of LanzaJet's Net Income. EBITDA measures may not be directly comparable between companies presented. 45

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