LanzaTech SPAC Presentation Deck

Sustainable Aviation Fuels Market Opportunity "SAFS are the only viable near-term option to decrease emissions in the aviation sector, as they are compatible with current aircraft engines and fueling infrastructure and can power flights with no distance limits" (McKinsey & Company)¹ Mandated Global Jet Fuel Demand (billion gallons per year) 2020 70 2 120 2025 ■ Expected SAF Mandate² 14 140 LanzaTech 2030 150 H. 61 24 2035 Expected Additional SAF Demand ³ 160 2040 ■Jet Fuel Demand4 In order to reach expected 2030 SAF demand, global SAF capacity must achieve an 87% CAGR Coalition Notable Companies Represented SAF Target Companies Committed SAF Market Demand Drivers BOARD NOW coalition for sustainable flying Microsoft pwc BCG 10% by 2030 BRITISH AIRWAYS BOSTON CONSULTING DELTA jetBlue SABA SUSTAINABLE AVIATION BUYERS ALLIANCE Select SAF Corporate Commitments BOEING PHL 30% by 2030 FedEx. Eco Skies Alliance SIEMENS 30% by 2035 ups ¹ McKinsey & Company, Critical insights on the path to a net-zero aviation sector. 2 2020 and 2025 numbers from the International Air Transport Association. 2030, 2035 and 2040 numbers are assumed as 10%, 20% and 30% of global jet fuel demand, respectively. 3 World Economic Forum, Clean Skies for Tomorrow 2030 Ambition Statement 4 World Economic Forum, Clean Skies for Tomorrow Insight Report 12

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