Novonesis A/s Class B · OMXCOP:NSIS_B
Novonesis A/s Class B — Investor Day (December 2024)
13 slides from Novonesis A/s Class B's investor day presentation, Dec 18, 2024
Slide 1: Energy spotlight
Energy spotlight Tina Sejersgård Fanø, EVP of Planetary Health Biosolutions Hans Ole Klingenberg, VP of Marketing and Business Development, Energy December 18th, 2024
Slide 2: Energy overview
Energy overview Share of Energy sales Tech Biofuel >90% Part of Agriculture, Agriculture Energy & Tech Biodiesel ~5% Net revenue1: 1,337.8 EUR million Energy Biomass <5% Fundamental growth drivers Approximate geographical distribution of Energy sales Increasing fuel Decarbonization Latin America dem
Slide 3: Biofuel market volumes expected to increase and geographically diversify
Biofuel market volumes expected to Regional drivers increase and geographically diversify North America • Well-established policies for ethanol Regional starch-based fuel ethanol production volume estimates, BGY blending with bi-partisan support • Flat to low single digit domestic +40% % Total growt
Slide 4: Enabling customers to diversify and unlock value streams for additional end markets from cracking corn
Enabling customers to diversify and unlock value streams for additional end markets from cracking corn ?% Future streams High Enzymes Enzymes Enzymes + Yeast Yeast 5% Corn oil High Protein Medium 20% 5% Fiber ethanol High 70% Ethanol Low-medium Input of Conversion to Fermentation corn & starches fer
Slide 5: Energy expected to continue to outgrow underlying US ethanol volume growth through innovation and diversification
Energy expected to continue to outgrow underlying US ethanol volume growth through innovation and diversification US ethanol production growth & Novonesis Energy sales growth Novonesis Energy sales diversification US Ethanol YoY growth Novonesis Energy YoY growth Other revenue streams US 1G ethanol
Slide 6: Feedstock diversification materializing with substantial upside potential
Feedstock diversification materializing with substantial upside potential Market volumes accelerating in biomass ethanol Growing opportunity space in diesel Installed and planned biomass Expected volumes of bio- and Biodiesel Renewable diesel production in MGY of ethanol >250 renewable diesel in BGY
Slide 7: Understanding individual customer needs from extensive field expertise and application knowledge
Understanding individual customer needs from extensive field expertise and application knowledge Leveraging strong field-based … to create tailormade solutions to … with high customer insights… customer-specific needs… satisfaction Deepest and broadest portfolio of Biosolutions in the market Example
Slide 8: Our expanding toolbox of synergistic Biosolutions continues to drive unparalleled value creation for customers
Our expanding toolbox of synergistic Biosolutions continues to drive unparalleled value creation for customers Toolbox continues to expand… … driving enhanced performance & performance • New enzyme classes and new yeast traits opening new value • Continuously lifting the performance bar in the indus
Slide 9: Biosolutions is key to drive value in today's biorefineries as well as the platform for opening new value streams
Biosolutions is key to drive value in todays’ biorefineries as well as the platform for opening new value streams Sustainable Vegetable oil Aviation fuel Bio-derived Chemicals High Value Protein Protein Feedstock input Ethanol Existing value streams Maritime fuel New value streams 9
Slide 10: Liquid sustainable fuels are critical across all decarbonization scenarios, with significant untapped opportunity in aviation
Liquid sustainable fuels are critical across all decarbonization scenarios, with significant untapped opportunity in aviation Aviation decarbonization will largely depend on efficiency improvements and sustainable liquid fuels… 54% Prudent scenario modeled shown here as representative for relative i
Slide 11: Significant opportunity for biosolutions in SAF across technologies
Significant opportunity for biosolutions in SAF across technologies Multiple pathways are likely for the transition to SAF, and different regions are likely to play on their regional strengths… … with increasing relevance for Novonesis technologies HEFA pathway from oils/fats (a catalytic process is
Slide 12: Successful developments of AtJ in SAF market can substantially expand global ethanol production in 2040 timeframe
Successful developments of AtJ in SAF market can substantially expand global ethanol production in 2040 timeframe… Total aviation fuel Assuming 30% SAF Assumed AtJ Ethanol expansion in 2040, market today: market: share: at current fuel demand 450 150 if10% then ~7 bGy mil. MT mil. MT if 40% then ~27
Slide 13: Biosolutions unlocks growth opportunities across markets and technologies
Biosolutions unlocks growth opportunities across markets and technologies • Fundamental growth drivers support continued pull for liquid biofuels • Unmatched application expertise, innovation toolbox and scale within Biosolutions drives ability to outgrow underlying market • Increased diversificatio