Anaergia, Inc. · TSX:ANRG
Anaergia — Q2 2025 Earnings Presentation
33 slides from Anaergia's earnings presentation, August 2025
Slide 1: Anaergia Investor Presentation
TSX: ANRG Fueling a Sustainable World TM OTCQX: ANRGF Anaergia Investor Presentation August 2025 1
Slide 2: Forward Looking Statements
Forward Looking Statements Forward-Looking Information Certain statements in this presentation and certain oral statements made by senior management during the presentation (collectively, this "presentation") are “forward-looking information” within the meaning of applicable Canadian securities laws
Slide 3: Anaergia Overview
• Anaergia Overview From Technology To Delivery — Anaergia’s End-to-End Capabilities Drive Global Leadership In Waste-to-Value 3
Slide 4: Global Leader of End-to-End Solutions for Organic Waste
Global Leader of End-to-End Solutions for Organic Waste Proprietary Technology Solutions Flexible Delivery Model: From Engineering Procurement & Construction (EPC) to EP and Technology-Only Solutions – All Rooted in Anaergia’s Turnkey Platform Anaergia secures long-term contracts End products includ
Slide 5: Anaergia Technology: Engineered for Maximum Output
Anaergia Technology: Engineered for Maximum Output Anaergia’s end-to-end suite of technology enables fuel production from a variety of feedstocks and provides our capital sales customers and Build-Own-Operate facilities with integrated, effective technology solutions Processes virtually any organic
Slide 6: From Waste to Value: The Anaergia Value Proposition
From Waste to Value: The Anaergia Value Proposition Of the 1.1°C by which humans have warmed the earth, 0.5°C is due to methane emissions* GLOBAL METHANE EMISSIONS IN 2018. METHANE RETAINS 24.9 B 84X TONS OF CO 2E 6 MORE HEAT THAN CO 2 EQUIVALENT WASTES Source-Separated Organics & Organic Fraction o
Slide 7: Delivering What the Sector Demands: Experience. Scale. Innovation.
Delivering What the Sector Demands: Experience. Scale. Innovation. Unparalleled Experience In-House Manufacturing Anaergia is a pioneer in [Insert Photo] Anaergia footprint is [Insert Photo] transforming the way the world worldwide with in-house handles organic waste: manufacturing of proprietary co
Slide 8: Methane Conversion from Waste Powered by Patented Technology
Methane Conversion from Waste Powered by Patented Technology Anaergia’s end-to-end RNG proprietary technology platform addresses multiple waste markets 250+ ACTIVE & PENDING PATENTS CO2 • OREX® technology processes unsorted municipal solid waste (MSW) to extract clean organics • Omnivore® anaerobic
Slide 9: Select Core Technology Components Manufactured by Anaergia
Select Core Technology Components Manufactured by Anaergia • Designed for integration, Anaergia’s technologies combine as needed to maximize resource recovery and minimize cost Size Reduction Technology Screening & Sorting Equipment Organics Extrusion • Addresses both technical and economic •Bag Ope
Slide 10: Anaergia: Delivering Clean Energy Solutions Across Continents
Anaergia: Delivering Clean Energy Solutions Across Continents Anaergia Integrated Systems Anaergia Japan Escondido (CA) Riverside (CA) Mohave (CA) SoCal Biomethane (CA) 10
Slide 11: Anaergia 2.0
• Anaergia 2.0 11
Slide 12: Anaergia 2.0 – A New Era of Positive Transformation & Growth
Anaergia 2.0 – A New Era of Positive Transformation & Growth Strategic Backing from Marny Investissement • Anaergia is supported by the long-term capital and strategic leadership of Marny Investissement S.A., the Company’s majority shareholder • At the helm is Ohad Epschtein, Marny’s beneficial owne
Slide 13: Proven Executive Management with World-Class Experience
Proven Executive Management with World-Class Experience Assaf Onn Dr. Yaniv Scherson Hani Kaissi Chief Executive Officer New Chief Operating Officer Chief Development Officer Joined Anaergia in 2024; over two Joined Anaergia in 2014, led Joined Anaergia as CFO in 2010; 25+ decades of extensive exper
Slide 14: Anaergia 2.0 – A New Era of Positive Transformation & Growth
Anaergia 2.0 – A New Era of Positive Transformation & Growth Marny Strengthened balance sheet in July 2024 with equity Transformative investment, new leadership team, refreshed board and Investment simplified share structure Focused on capital-efficient growth, financial discipline, New Strategic st
Slide 15: Vertically Integrated Business – Our Segments with a Capital Sales Focus
Vertically Integrated Business – Our Segments with a Capital Sales Focus Capital Sales • Sales of proprietary technology solutions, Proprietary Anaergia equipment, and services to third parties Waste-to-Energy Technologies • Variety of delivery methods • Benefits from short sales cycle and quickly e
Slide 16: Positive Momentum & Wins since Marny's Investment
Positive Momentum & Wins since Marny’s Investment Sept 10, 2024 Dec 10, 2024 Feb 24, 2025 Apr 2, 2025 Jun 9, 2025 Aug 1, 2025 Natural Gas Expansion of Scope Commences Trading Finalize Techbau Signs Jeju Island Biogas Signs Agreement w/Bioenerys Aug 19, 2024 Innovation Fund w/Monterey One on the OTCQ
Slide 17: Anaergia Market Segments
• Anaergia Market Segments 17
Slide 18: Multiple Markets Driving Capital Sales Demand
Multiple Markets Driving Capital Sales Demand Large-Scale Private Developers • Partnering with international developers to deliver high-performance bioenergy infrastructure that meets stringent decarbonization and waste diversion targets Municipal Organics • Supports diversion of source-separated or
Slide 19: Capital Sale Example: The Sterling Natural Resources Center in California
Capital Sale Example: The Sterling Natural Resources Center in California World’s first wastewater plant where 100% of the feed becomes a commercial product and excess energy is exported thanks to Anaergia technology 3.0 MW of renewable electricity 8,000,000 GPD of recycled water ~2,000 TPY of ferti
Slide 20: Anaergia Portfolio: Build-Own-Operate Assets
Anaergia Portfolio: Build-Own-Operate Assets So-Cal Biomethane Rhode Island Bioenergy [RIBF] Flexible & Replicable Deployment within Largest Organic Waste Digester in New England Existing Wastewater Infrastructure • Regulatory (SB 1383) & Committed • 315,000 MMBtu/year of RNG Contracts • Operating A
Slide 21: Market Leader in Serving Municipalities with Alternative Delivery Models
Market Leader in Serving Municipalities with Alternative Delivery Models Client: East Valley Water District CLIENT: HALE AVENUE RESOURCE Location: Highland California RECOVERY FACILITY (HARRF) Delivery: Supply LOCATION: ESCONDIDO, CA DELIVERY: DBOOF CLIENT: VICTOR VALLEY WATER RECLAMATION CLIENT: CI
Slide 22: Growing Market Value in North America – Supported by Regulatory Advancements
Growing Market Value in North America – Supported by Regulatory Advancements Diversion from Landfills Driving Volume Market Driven Organics Diversion • Landfill tip fees are increasing, driving a push to divert organic waste 2030 California • Capacity at existing landfills is dwindling and regulator
Slide 23: European Market Growth
European Market Growth With high underlying gas prices, attractive waste feedstock availability and expanding RNG targets, the outlook for Anaergia's European operations is strong Feedstock availability is bolstered by EU Policies EU 2030 Target for Landfill & Incinerated Waste(2) 140 • EU adopted f
Slide 24: Significant Growth Opportunities in Asia
Significant Growth Opportunities in Asia Anaergia has early market mover advantage in Asia — one of the few international biogas players with local team on the ground Organic Feedstocks are Widely Available • High organics content in municipal solid waste • High annual production of Agri-Wastes Emer
Slide 25: Case Study — PepsiCo: Turning Food Waste into Clean Energy
Case Study — PepsiCo: Turning Food Waste into Clean Energy Challenge • Food Waste Problem: Organic Waste Anaerobic Digestion PepsiCo generates significant organic waste at their Bogota, Colombia food production facility, contributing to methane emissions when sent to Clean Energy for Pepsico RNG lan
Slide 26: Case Study — PepsiCo: Turning Food Waste into Clean Energy
Case Study 1 — PepsiCo: Turning Food Waste into Clean Energy Solution Solution: 2 Pipeline Biogas Upgrading Renewable Quality • Anaerobic digestion system installed at PepsiCo facilities to produce RNG onsite (BUGTM) Power & 4 RNG Fuel Opportunity 1 • Unique positioning - Anaergia offers the only co
Slide 27: Q2 2025 Financial Results (reported in $CAD)
Q2 2025 Financial Results (reported in $CAD) APAC EMEA ($CAD millions) Q2 2025 Q2 2024 7% Other 12% Revenues $32.3 $23.6 Gross profit $10.5 $4.1 Gross margin 32.5% 17.6% SG&A, net $14.3 $14.9 Italy 20% Net Loss ($9.5) ($13.4) Adjusted EBITDA(1) ($2.2) ($8.0) NA 61% REVENUE BY REGION (1) "Adjusted EB
Slide 28: Revenue Backlog Snapshot
Revenue Backlog Revenue Backlog Snapshot 250 • $191.0M in Capital Sales 200 137% $243.9M • $52.9M in O&M Services 150 • Refined conservative definition: • Signed Capital Sales contracts • 3 years of modeled O&M Services 100 $103.1M 50 0 Q4 2024 Q2 2025 28
Slide 29: Capitalization and Annual Stock Price Performance
08 Last Close /1 0 1 0.2 0.4 0.6 0.8 1.2 1.4 5/ 1.6 24 08 /2 7/ 24 09 /0 9/ 24 09 /1 9/ 24 Capitalization 169,967,426 10 as at 6/30/25 /0 1/ 24 10 /1 Total Shares Outstanding 1/ 24 10 /2 4/ 24 11 /0 5/ 24 11 /1 5/ 24 11 /2 7/ 24 12 Marny /0 9/ 24 102,715,000 12 /1 9/ 24 01 /0 3/ 25 01 /1 5/ 60.4% 25
Slide 30: Contact: IR@Anaergia.com
FUEL WASTE Contact: IR@Anaergia.com 4545 30
Slide 31: Addendum
• Addendum 31
Slide 32: Anaergia's Evolution Towards Complete, Integrated Solutions
Anaergia’s Evolution Towards Complete, Integrated Solutions 2021 2023 Restructuring Expanded footprint in East Divestments of Tønder plant USA. Acquired two under- (Denmark), Rialto Bioenergy 2020 performing biogas facilities Facility (US), plus 6 Italian that will undergo technology BOO facilities,
Slide 33: Anaergia RNG: A Ready-to-Use, Carbon-Negative Fuel
Anaergia RNG: A Ready-to-Use, Carbon-Negative Fuel Anaergia converts methane-emitting waste into carbon-negative renewable natural gas that is chemically identical to fossil-based natural gas and does not require major incremental distribution infrastructure Average Carbon Intensity ("CI") Score Awa