Investor Presentaiton

GROWING MARKET FOR HYDROGEN FUEL SWITCHING Lower cost of abatement for single high-concentration CO2 emissions stream versus multiple low-concentration streams Conventional (Industrial) Low carbon alternative (H2 fuel switching) CO2 CO2 Hydrocarbon Fuels Blue H₂ plant H₂ Hydrocarbon Fuels CO₂ CO2 CO₂2 Multiple low-concentration CO₂ streams CCS Single high-concentration CO2 stream with CCS Zero CO2 emissions from combustion HYDROGEN POTENTIAL $1.5 TRILLION MARKET SIZE BY 20501 See Supplemental Information for footnotes and definitions. 65

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