Slide 1: Comstock Fuels
Comstock Fuels William “Billy” McCarthy ABLC NEXT Chief Operating Officer October 19, 2023 © 2023 COMSTOCK INC | NYSE American: LODE 1 PUBLIC DISTRIBUTION
Slide 2: Cautionary Notice Regarding Forward Looking Statements
Cautionary Notice Regarding Forward Looking Statements Certain statements contained in this presentation are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, oth
Slide 3: Commercializing Technology for Carbon Emissions Reduction
Commercializing Technology for Carbon Emissions Reduction © 2023 COMSTOCK INC | NYSE American: LODE 3 PUBLIC DISTRIBUTION
Slide 4: Built for Technology Commercialization
| BUILT FOR TECHNOLOGY COMMERCIALIZATION Shared Infrastructure Foundation Corrado De Gasperis, Executive Chairman & CEO | William McCarthy, COO | Kevin Kreisler, Director & CTO Process People Platform Operating Portfolio Investment Portfolio Low-carbon Cellulosic Fuels | David Winsness, President Qu
Slide 5: The New Supply Chain for Low-Carbon Advanced Biofuels
The New Supply Chain for Low-Carbon Advanced Biofuels © 2023 COMSTOCK INC | NYSE American: LODE 5 PUBLIC DISTRIBUTION
Slide 6: Emissions Reduction Performance Is Increasingly Important to the Biofuel Producer Value Equation
EMISSIONS REDUCTION PERFORMANCE IS INCREASINGLY IMPORTANT TO THE BIOFUEL PRODUCER VALUE EQUATION Cost Value Tax Credits CI Reduction Cost CA-LCFS Production Cost RFS Feedstock Cost Energy Value © 2023 COMSTOCK INC | NYSE American: LODE 6 PUBLIC DISTRIBUTION
Slide 7: The New Supply Chain for Low-Carbon Advanced Biofuels
The New Supply Chain for Low-Carbon Advanced Biofuels Forest Products Waste Advanced Biofuels Production © 2023 COMSTOCK INC | NYSE American: LODE 7 PUBLIC DISTRIBUTION
Slide 8: The New Supply Chain for Low-Carbon Advanced Biofuels
The New Supply Chain for Low-Carbon Advanced Biofuels HUB Forest Products Waste Advanced Biofuels Production © 2023 COMSTOCK INC | NYSE American: LODE 8 PUBLIC DISTRIBUTION
Slide 9: Pathway B1: Woody Biomass
Pathway B1: Woody Biomass Ethanol SAF ETJ Refinery Bioleum RD HBO-C RD Forest Products Waste HUB Refinery Fats Green Green Chemicals Chemicals Hydrogen Chemical Manufacturing SAF = Sustainable Aviation Fuel RD = Renewable Diesel © 2023 COMSTOCK INC | NYSE American: LODE HBO-C = Hydrodeoxygenated Bio
Slide 10: Bioleum Carbon Intensity Is Class Leading
BIOLEUM™ CARBON INTENSITY IS CLASS LEADING average GREET CI scores Bioleum™ Bioleum™ Bioleum™ Bioleum™ Gasoline Diesel Cellulosic Bioleum™ HBO EtOH UCO Soybean 100 102 EtOH 15 SAF RD RD 16 Corn 26 27 32 EtOH 70 Soybean Corn Sugarcane Soybean Oil EtOH EtOH RD 55 w/CCS 51 50 UCO SAF RD 40 30 UCO 20 Et
Slide 11: The New Supply Chain for Low-Carbon Advanced Biofuels
The New Supply Chain for Low-Carbon Advanced Biofuels HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HUB HU
Slide 12: The New Supply Chain for Low-Carbon Advanced Biofuels
The New Supply Chain for Low-Carbon Advanced Biofuels fuels@comstockinc.com https://comstockfuels.com © 2023 COMSTOCK INC | NYSE American: LODE 12 PUBLIC DISTRIBUTION