Green Plains, Inc. · NASDAQ:GPRE
Green Plains — Stephens Investment Conference 2021
15 slides from Green Plains's conference presentation, Dec 2, 2021
Slide 1: Stephens Investment Conference
Stephens Investment Conference December 2, 2021
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes forward-looking statements that reflect management’s current views of company performance, industry conditions and future economic environment. These statements are based on assumptions and various factors that are subject to risks and uncertaint
Slide 3: Transforming into the Biorefinery Platform of the Future
Transforming into the Biorefinery Platform of the Future Green Plains (GPRE) is transforming from traditional ethanol into a sustainable biorefinery platform, innovating through ag technology to produce higher-value products with stable cash flows, for tomorrow’s sustainable economy Investments in c
Slide 4: Strategic Growth Areas
Strategic Growth Areas Verticals positioned to capitalize on rapidly growing demand • Sustainable Ultra-High Protein – sustainable ingredients for high-value global markets in pet, aquaculture, dairy and poultry industries as demand for higher quality animal feed grows • Renewable Corn Oil – respons
Slide 5: Protein Drives a Transformation Inflection Point
Protein Drives a Transformation Inflection Point ... Annual Ultra-High Protein Capacity (thousands of tons) Shenandoah -50 • As MSC™ technology is deployed, our Wood River 79 Completed platform transitions to potentially Central City 70 higher gross margins - driven by high- Mount Vernon 54 value in
Slide 6: Assumptions for 2024E Run-Rate EBITDA
Assumptions for 2024E* Run-Rate EBITDA Assumptions • Assets produce at 95% of capacity on 958 MGY of capacity • Potential contributions from fuel ethanol business, ancillary businesses and corporate overhead are excluded $600 Sustainable Ultra-High Protein and Turnkey Initiatives • Protein capital i
Slide 7: Commercializing Value-added Ingredients
Commercializing Value-added Ingredients Sustainable Ultra-High Protein • Strong commercial sales team with deep industry experience building a robust customer pipeline • Numerous ongoing customer dialogues including recent MOU in pet space through 2023 • Innovation Centers drive further product deve
Slide 8: Creating Value Through Protein Innovation
Creating Value Through Protein Innovation Sustainable Ultra-High Protein J-Curve of Protein Opportunity Gen II Developments • Ultra-High Protein (50 - 53%) potentially adds $0.15 - $0.21/gallon2 additional EBITDA on a ~$0.50/gallon investment Fishmeal Analogue • Higher protein levels, nutritional fa
Slide 9: Taking Advantage of the Unique Drivers in Renewable Corn Oil
Taking Advantage of the Unique Drivers in Renewable Corn Oil Renewable Corn Oil Renewable Corn Oil Price Potential Renewable Corn Oil Margin Increase Average CI Pathways for Biodiesel and (Cents per Pound) Per $0.10 per pound increase Renewable Diesel Feedstock ($ M) 70 $40 Soybean Oil 55 60 50 $26
Slide 10: Clean Sugar Technology (CST) Opportunities
Clean Sugar Technology (CST) Opportunities Clean Sugar Technology Acquired with Fluid Quip • Fluid Quip is engineering and constructing a fully scalable commercial Projected Glucose Demand CST production facility at the Innovation Center at York (billions lbs., wet) • CST produces an equivalent suga
Slide 11: Carbon Capture and Sequestration Initiatives
Carbon Capture and Sequestration Initiatives Carbon Capture and Sequestration Opportunity to increase margins by $0.15 / gallon with no capital required from the ethanol facilities, in addition to potential for carbon credits, 45Q tax incentives and direct returns on investments in the pipeline and
Slide 12: ESG Embedded in our DNA
ESG Embedded in our DNA Environmental Social Low-carbon transportation fuels Focused on Safety • 46% reduction in GHG – lower emissions compared to a gallon of • Adopted Cardinal Rules of Environmental, Health, Safety traditional gasoline, reducing use of toxic aromatics in liquid fuels and Security
Slide 13: Why Green Plains?
Why Green Plains? Game-changing ag-technology, diversifying product offering of higher-margin ingredients into high-growth markets • Implementing MSC™ protein technology across the platform to create diverse, non-cyclical, high margin products • 50% uplift in corn oil yields, a low-CI feedstock for
Slide 14: www.gpreinc.com
www.gpreinc.com LinkedIn | Facebook | Twitter | Instagram 14
Slide 15: Glossary
Glossary • BOS – Brix Oil Separation System • CCS – Carbon Capture and Storage • CI – Carbon Intensity • CST – Clean Sugar Technology • DDG – Dried Distillers Grains • FQT – Fluid Quip Technologies • GPRE – Green Plains Inc. • GPP – Green Plains Partners • LCFS – Low Carbon Fuel Standard • MGY – Mil