Hyzon SPAC Presentation Deck

Hydrogen Hubs A low cost and green method for hydrogen production Hydrogen Hub Landfill Animal waste Food waste Crop residue Wastewater treatment ■ I ■ ■ Gasification Syngas Carbon Briquettes HYZON | DCRB+ Microturbine Electricity Grid H2 from Electrolysis APPENDIX Fuel Stations Waste to electricity with microturbines is already used as a method to produce low-cost electricity. The 'hydrogen hub' method only adds an electrolyzer Depending on the electricity price, the hydrogen hub will switch between selling electricity to the grid or producing green hydrogen. Dispatch optimization is expected to maximize revenues and provide very low cost hydrogen Hydrogen is intended to only be produced with very low cost electricity and the hydrogen hub is expected to receive a 'tipping fee' for using waste gas. The only incremental expense to this model is a low-cost electrolyzer. This leads to hydrogen produced for $1 per kg at the hub or $2 per kg at the fueling station The hydrogen hub model is intended to be carbon negative with the carbon captured in briquettes In collaboration with its partners, Hyzon is currently building its first Hydrogen Hub in Australia. Hyzon's partner, NRG Global, has multiple waste to electricity sites, and is planning to build Hydrogen Hubs 48

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