Transforming Renewable Energy into Hydrocarbons slide image

Transforming Renewable Energy into Hydrocarbons

GEVO - KEY INVESTOR "TAKE-AWAYS" • Transform renewable energy into energy dense liquid hydrocarbons with a net-zero GHG footprint across the lifecycle • - Products proven to work for transportation fuels - Production processes work - Intellectual Property (IP) valued +$400 million* Huge end markets and we can solve problems around GHG's for liquid fuels leveraging existing transportation fuel infrastructure and cars, trucks, planes • Long-term, take or pay contracts in place, more developing - Strong, Global Players • Focus on growing large scale production plants, and off-balance sheet financing. Economics are attractive (+20% IRR)** Citigroup Project - Other sites in development • Have the money for development of Net-Zero plant(s)on the balance sheet * Estimated Value of IP by Peak Value IP LLC, August 2020 **Projected project-level internal rate of return based on a project financing structure and assumptions around offtake contract pricing, carbon value, capital costs, and operating costs, all of which are subject to revisions gevo 26
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