Regen Iii Corp · TSXV:GIII
Regen Iii — Investor Presentation (September 2023)
20 slides from Regen Iii's investor presentation, Sep 5, 2023
Slide 1: Revolutionizing the recycling of Used Motor Oil
Revolutionizing the recycling of Used Motor Oil. INVESTOR PRESENTATION – SEPTEMBER 2023 TSXV: GIII | OTCQB: ISRJF | FSE: PN4
Slide 2: Forward Looking Statements & Non-GAAP Financial Measures
Forward Looking Statements & Non-GAAP Financial Measures Forward Looking Statements Notice to Readers and Market Data This presentation contains forward looking statements that reflect management’s expectations regarding the This presentation does not constitute a prospectus, offering memorandum or
Slide 3: Base Oils Keep Our World Moving
Base Oils Keep Our World Moving Major industries across the globe rely on lubricants for productivity, protection and reliability. Most lubricants require base oils: ▪ Lubricating greases ▪ Compressor, transformer and ▪ Motor oil (hybrids, new and turbine lubricants existing ICE vehicles) ▪ Miscella
Slide 4: Reducing Environmental Damage Through Sustainable Group II+/III Base Oils
Reducing Environmental Damage Through Sustainable Group II+/III Base Oils Environmental Damage / Waste Outdated Processes Supply Chain Risks Nearly 800 million gallons/year1 of used Existing re-refineries are not designed to North America is largely dependent on motor oil (UMO) are burned or produce
Slide 5: Growing Global Demand for Group III Base Oil
Growing Global Demand for Group III Base Oil Global Group III base oil market is valued at Global Group III demand is expected to grow at a ~$10 billion, with North America being the 2nd largest 7% CAGR,2 supported by superior performance market at $2.8 billion annually.1,3 and efficiency, shifting
Slide 6: The UMO Lifecycle and ReGen's Proprietary Process
The UMO Lifecycle and ReGen’s Proprietary Process The ReGenTM Process ~58% of UMO Generated ▪ Removes additives and contaminants from UMO is currently burned or and yields Group II+ and dumped1 Group III base oils ▪ Produces industry- leading yields of high- Just 1 litre of oil can value Group III b
Slide 7: Industry-Proven Technologies and Extensive Patent Portfolio
Industry-Proven Technologies and Extensive Patent Portfolio Technology Validated by Design Pilot Tested Extensive Patent World-Class Partners and Validated Portfolio MARCH 2009 2005 - 2009 6,000-Hour Pilot Test, 5 bpd1 2013 - 2014 Incremental Pilot MARCH 2014 Testing2 32 Issued or Pending Patents 20
Slide 8: Texas UMO Recycling Facility: Ideal Location & Project-Ready
Texas UMO Recycling Facility: Ideal Location & Project-Ready The site has strategic access to major land and marine transportation routes including access to major arterial highways, rail lines and barge dock access to the Galveston Bay, Texas City. PROCESSING FACILITY AREA PLAN SITE PLAN TSXV: GIII
Slide 9: Strong Project Economics
Strong Project Economics Group III Premium Pricing Generates Superior Revenue and Profit Potential US$/Gallon $7.00 Group III Base Oil Price Project Revenue (per Gallon of Base Oil Produced) Operating Costs (per Gallon of Base Oil) Group II Base Oil Price Total Project Costs (per Gallon of Base Oil
Slide 10: The ReGen Advantage
The ReGen Advantage Sustainable & Circular Industry-Leading Economics 99.7% Less Toxic1 53% Group III Yield to the environment Compared with 2% average yield 70% Price Premium4 82% CO2e Reduction1 Group III vs Group II base oil relative to production and burning of UMO 4x the Margins5 of re-refining
Slide 11: Texas Facility Positions ReGen to become the 2nd Largest Group III Producer in North America
Texas Facility Positions ReGen to become the 2nd Largest Group III Producer in North America Base Oils Industry in North America Concentrated Lack of Group III Base Oil Producers in North America with Group I and Group II Producers Creates Market Opportunity for New Entrants ▪ Majority of the curren
Slide 12: Key Milestones & Areas of Focus
Key Milestones & Areas of Focus For the Texas facility to achieve full production, the project timeline includes a 3-year execution period followed by 3 months of operational ramp-up. PRE 2017 2017 2019 2023 + 2020 ▪ 6,000 hours of 2021 2022 pilot testing in a 5-bpd plant ▪ Acquired process ▪ Secure
Slide 13: Experienced Leadership Team
Experienced Leadership Team Gregory Clarkes Mark Redcliffe Tom Lawlor Chief Executive Officer President Chief Operating Officer ▪ 30+ years of leadership ▪ 20+ years of securities and ▪ 25+ years of leadership experience experience across private and venture banking experience in project management
Slide 14: Board of Directors
Board of Directors Gregory Clarkes Larry Van Hatten Bob Rennie Chair Lead Director Director ▪ 30+ years of leadership ▪ Former Partner at Ernst & ▪ Founder and executive director of experience across private and Young LLP, leading its Rennie Group, offering specialized public companies Vancouver Ass
Slide 15: Capital Structure
Capital Structure Analyst Coverage Shares Outstanding 118.36 M Market Capitalization $50.9M Brent Watson F/D Shares Outstanding 131.86 M Cormark Securities Inc. bwatson@cormark.com Insider Ownership 20.10% 52-Week Range $0.32 - $1.20/sh *as of Sept 5, 2023 As of Exercise Price Range W. Avg W. Avg Li
Slide 16: Investment Opportunity
Investment Opportunity Growing Market for Sustainable Group III Base Oil Proven Processes Generating Exceptional Yields ReGen III’s process advantages: • Group III demand driven by superior performance, change in OEM specifications and emission regulations • Greater premium-quality Group III base oi
Slide 17: Contact Us
TSXV: GIII | OTCQB: ISRJF | FSE: PN4 Contact Us Investor & Media Inquiries Corporate Inquiries Caroline Sawamoto Kimberly Hedlin, CPA, CMA investors@regeniii.com Vice President, Corporate Finance (403) 921-9012 info@regeniii.com REGENIII.COM TSXV: GIII | OTCQB: ISRJF | FSE: PN4 17
Slide 18: Appendix
APPENDIX TSXV: GIII | OTCQB: ISRJF | FSE: PN4 18
Slide 19: Future Target Markets
Future Target Markets Build & Own Domestic Group III/III+ Production Shortfall in North America Outright ▪ North America domestic Group III production just 7,800 bpd, resulting in domestic Group III Plant, equipment and production shortfall of ~21,000 bpd and ~75% imports (1)(2) business ▪ Minimal s
Slide 20: Industry Tailwinds
Industry Tailwinds Internal Combustion Engine (ICE) Vehicles Continue to Dominate Global Fleet1… ▪ Globally, ~1.3 billion passenger vehicles currently on the road - Battery Electric Vehicles (BEV) make up only 1.5% of fleet - BEV sales hampered by affordability, battery technology and charging infra