1Q23 Earnings and Operations Update slide image

1Q23 Earnings and Operations Update

22 Mmtpa Under Existing Transport & Storage Agreements CO2 Emissions Agreements Mmtpa DEN announced contracts equivalent to -50% of current global CO2 capture (1) 7 5 2 2 22 20 19 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 Current DEN executed agreements Planned location Industry type CO2 volume (Mmtpa) Expected start date Wyoming hydrogen facility Infinium WY Hydrogen Up to 1 2024 / 2025 S TX Low carbon fuels 1.5 2025 Gulf Coast biofuels facility S TX Louisiana chemicals facility LA Biofuels Chemical plant Up to 1 2025 0.4 2025 Monarch Energy Development S TX eFuels 0.4 2026 Nutrien SE LA Blue ammonia 1.8 2027 Mitsubishi LA Blue ammonia 1.8 Second half of decade Lake Charles Methanol LA Blue methanol 1 2027 Clean Hydrogen Works SE LA Blue ammonia Up to 12 2027 (initial phase) HIF Global S TX eFuels 2 2027 (1) Global carbon capture of 43 million metric tons in 2021 per IEA World Energy Outlook 2022 Denbury Inc. 37
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