Low Carbon Energy Solutions Investor Update

Update on the Superior Way Forward Best in Class Business Leaders in Mobile Energy Distribution Leading on-road energy distribution platform including propane, CNG, RNG, and hydrogen Proven Management Team Adds extensive operation experience and deep industry insight with acquisition Superior Way Targets $1.9 Billion Acquisitions Completed Over the past 30 months Significantly Ahead of EBITDA¹ Targets Timing $700 to $750 million EBITDA from operations¹ targeted by 2024 year-end, a full two years ahead of previous estimated timing Targeting $700-$750 Million of EBITDA From Operations by 2024E1 Continued Growth Enhanced Flexibility to Grow Organically or Through Acquisitions Ability to deploy additional capital, while increasing low carbon product offerings to customers Integrated and Scalable Business Model Can be replicated by adding new hubs and MSUS, providing a significant, financially attractive and controllable organic growth option $410 Commercial customer Annual organic growth³ Driving operating expense-to-gross profit lower4 Acquisition spending of $0.8 billion recovery² 2021 COVID Recovery Organic Growth Continuous Improvement Superior Plus See end notes for further information Acquisition of Certarus for $1.05 billion Executed M&A (including synergies) $700-$750 2024E 17

View entire presentation