Aemetis, Inc · NASDAQ:AMTX
Aemetis — Advanced Biofuels Leadership Conference 2023
24 slides from Aemetis's conference presentation, Mar 27, 2023
Slide 1: Aemetis, Inc. (NASDAQ: AMTX)
Slide 2: Disclaimer
Disclaimer This presentation contains frwarookng statements, inutng statements repring ou sxsmptions projaons, expectations, targets intentions or include, without limitation, Sets wi Us Seas OUI GL MTs WON GON WRT WOT SURETEN ETO: HE ST ss OF On OO ‘expansion into new markets, our ability to commer
Slide 3: Third Generation Technology to Reverse Climate Change
Third Generation Technology to Reverse Climate Change 15 Generation Renewable Energy = Use the Sun’s energy Solar, Wind, Hydro and Nuclear do not absorb carbon from the These energy sources are slowing the rate of heating the Earth as coal and natural gas plants continue to operate globally. 24 Gene
Slide 4: Aemetis Circular Bioeconomy
Aemetis Circular Bioeconomy | Integrated value chain supports growth while minimizing technology and execution risk mated ay Fame Keyes Ethanol Plant ns = en Wess Wale ronte iat Renemtle Lonccabon ares Hy co | ty . Seeding Aametis Leverages Existing Plans, Infrastructure, and Relationships Expand it
Slide 5: Aemetis Plan Projections
A i ion Plan Proj Fc a mane ula “en wm a arco 3) sores oor varuast serie agz4ane “RNG Sales Volume cna aoe 2106 500829 4178511370167 1507927 S4a19,612 84,635,320 land based upon current expectations.
Slide 6: Aemetis Projected CAPEX and Monetizable Tax Credits
Aemetis Projected CAPEX and Monetizable Tax Credits Capital Expenditures (in millions) California Ethanol 72 - India Biodiesel & Glycerin 10.0 13.0 - E + Dairy Renewable Natural Gas 74.3 52.4 37.2 36.1 6.6 Renewable Diesel/Sustainable Aviation Fuel 95.2 260.2 99.6 - + Carbon Capture & Sequestration
Slide 7: Aemetis Projected Revenue Growth by Business Unit
Aemetis Projected Revenue Growth by Business Unit Revenue by Business Unit 43% CAGR REVENUES 2,500.0 2,000.0 1,500.0 1,000.0 2026 2027
Slide 8: Aemetis Projected EBITDA Growth by Business Unit
Aemetis Projected EBITDA Growth by Business Unit EBITDA by Business Unit 77% CAGR EBITDA 7000 ‘4000 2023 2028 2028 2026 2027 carton corporate
Slide 9: Plan for Revenue and Earnings Growth: California Ethanol Plant
Plan for Revenue and Earnings Growth: California Ethanol Plant ; ZEBREX™ Mitsubishi ceramic membrane Solar Array with Battery Zero carbon i » dehydration system reduces petro natural gas Storage (2022) electricity ; use by 20% and replaces with electricity Micelamcel anor ; High efficiency heat exch
Slide 10: Aemetis Biogas LLC — Dairy RNG Project Overview
Aemetis Biogas LLC — Dairy RNG Project Overview 40 mile Biogas Pipeline operating 6 Dairy Digesters operating 37+ Dairies signed O08 ppomuniti
Slide 11: Dairy Digester Biogas-to-RNG Process
Dairy Digester Biogas-to-RNG Process MANURE SCREEN SEPARATOR BIOGAS UPGRADIN BIOGAS PRETREATMENT SKID ‘ACILTY / UTILITY INTERCONNE!
Slide 12: Aemetis Biogas-to-RNG Plant and PG&E Gas Pipeline Interconnect
Aemetis Biogas-to-RNG Plant and PG&E Gas Pipeline Interconnect
Slide 13: Plan for Revenue and Earnings Growth: Below Zero CI Dairy RNG Project
Plan for Revenue and Earnings Growth: Below Zero Cl Dairy RNG Project
Slide 14: Riverbank, California Site
Riverbank, California Site = Acquisition agreement for the 125-acre Riverbank Industrial Complex site was signed by Aemetis in December 2021 = Former U.S. Army Ammunition Plant = 125 acres of industrial and commercial land * 710,000 s.f. of existing buildings * Onsite railroad with 120 railcar stora
Slide 15: Sustainable Aviation Fuel and RD Plant - Riverbank, California Site
Sustainable Aviation Fuel and RD Plant - Riverbank, California Site = <
Slide 16: Carbon Zero Renewable Jet/Diesel Plants with Carbon Sequestration
“Carbon Zero” Renewable Jet/Diesel Plants with Carbon Sequestration Feedstock HydroFlex' Renewable Fuels Non-Edible Oils (<35CI Score) Proven Renewable Technology + Distillers Corn Oil + Hydroprocessing + Tallow + Paraffin Isomerization ReneWabIa'SAF Camelina/Carinata + Hydrocracking Renewable Diese
Slide 17: Aemetis Carbon Capture and Sequestration Projects in California
Aemetis Carbon Capture and Sequestration Projects in California Formerly an inland ocean now known as the Central Valley of California TET er nvevoruen opronrunmies = Light green area shows shale geological storage containing saline water for CCS =. Shale caprock layer at approximately 7,000 ft dept
Slide 18: Riverbank CO2 Unloading, Compression and Sequestration Site
Riverbank CO2 Unloading, Compression and Sequestration Site + Gaseous C02 from SAF/RD plant (gas, 200KTY) + Liquid C02 using RNG trucks sourced from other producers (800KTY) + Rail and Truck C02 Unloading Facilities + CO2 Injection and Observation wells on- site * Control Room onsite
Slide 19: Saline Storage Formations
Saline Storage Formations Northern Califor: + 450-oigible fc 24.5 MtCO,0 por + 58MtCO, por yoar aro capturable nthe ‘ear. to medium-term
Slide 20: Proximity to Other CO2 Sources
Proximity to Other CO2 Sources + The Aemetis C02 Storage sites are located 90 directly east of 5 major oil refineries in the San Francisco Bay Area + Each SF Bay Area refinery emits approximately '800,0000 to 2,000,000 MT of CO2 per year + Total of ~ 5,000,000 MT of CO2 capture and storage needed fo
Slide 21: Aemetis Carbon Capture & Sequestration Project Leaders
Aemetis Carbon Capture & Sequestration Project Leaders Baker Hughes: Underground Engineering and Well Drilling Leading natural gas and crude oil drilling company $20 billion market value Operates in 120+ countries CCUS Technology Solutions include: Baker Hughes Pre-FEED and FEED consultation and pro
Slide 22: Biodiesel/Glycerin/Tallow Refining Plant in Kakinada, India
50 mgy Biodiesel/Glycerin/Tallow Refining Plant in Kakinada, India Significant tax penalty for diesel not containing biodiesel was adopted by India government to become effective April 2023. Refined tallow production plant already built to supply to U.S. renewable diesel plants and to the Aemetis Ca
Slide 23: Opportunities for Growth of Renewable Fuels
Opportunities for Growth of Renewable Fuels Need IRS guidance for IRA tax credit transfer process (legislation passed in Aug 2022) = Projects transfer tax credits to non-profits, tribes and municipalities to generate Direct Pay refunds? - Quarterly estimated income tax payments, so why annual Direct
Slide 24: Aemetis, Inc. (NASDAQ: AMTX)
Aemetis — Advanced Biofuels Leadership Conference 2023 on 6ix