Minnova Corp. · TSXV:MCI

Minnova — Shareholder Meeting (February 2023)

17 slides from Minnova's shareholder meeting presentation, Feb 21, 2023

  1. Slide 1: Biomass Gasification to Produce Green Hydrogen

    Biomass Gasification to Produce Green Hydrogen + other Biofuels February 2023 AGM Presentation Energy Transition to a Net Zero CO2 Economy by 2050 February 21, 2023 Annual General Meeting

  2. Slide 2: Scalable Green Hydrogen Production from Biomass

    Scalable Green Hydrogen Production from Biomass Minnova Renewable Energy invests in new technologies that mitigate climate change by converting waste biomass to energy. 3rd Generation biomass gasification technology can produce a Invest and higher hydrogen content syngas develop Produce carbon neutr

  3. Slide 3: Minnova Renewable Energy Our Vision

    Minnova Renewable Energy Our Vision Become a leading global Cleantech company that develops and acquires innovative technologies to create a more a sustainable future: • Transform waste to energy • Green hydrogen production to decarbonize industries • Green Job creation • Support a clean energy tran

  4. Slide 4: Cleantech Energy Focused Strategy

    Minnova Renewable Energy Cleantech Energy Focused Strategy Gasification of waste forest biomass waste Green hydrogen is the FUTURE FUEL and produces a high-quality syngas that can widely considered to be a key new energy directly power generators source to reduce CO2 emissions: • Biomass syngas powe

  5. Slide 5: Biomass – Living Stored Energy

    Biomass – Living Stored Energy • Biological feedstocks rather than coal, oil or natural gas are Energy contained in biomass is stored solar energy attracting increased interest which is converted into electrical power for Net Zero CO2 balance and support from policy makers, investors and consumers •

  6. Slide 6: Boreal Forest Resource: Large, Sustainable and Underutilized

    Boreal Forest Resource: Large, Sustainable and Underutilized • Canada has nearly one-quarter (24%) of the world’s boreal forests, and it is underutilized • Reasons the use of biomass for energy from forests is still relatively low • Abundant hydro power • Major fossil fuel producer • Limited access

  7. Slide 7: A Worldwide Biomass to Energy Opportunity

    A Worldwide Biomass to Energy Opportunity • Sustainable feedstock supply • Low lifecycle CO2 footprint compared to other renewable energy solutions • Community support for circular economy solutions • Decentralized and local green energy production • Multiple energy products • green hydrogen • Green

  8. Slide 8: Innovative New Technology

    Minnova Renewable Energy Innovative New Technology • 3rd Generation biomass gasification technology is a step change in efficiency Syngas Hydrogen Content (%) • High Hydrogen content (~50%) syngas can be processed to pure hydrogen and other 3RD GENERATION GASIFICATION TECHNOLOGY 50% valuable bio-fue

  9. Slide 9: 3rd Generation Gasification Process

    Minnova Renewable Energy 3rd Generation Gasification Process • Feedstock is dried to < 30% moisture content 10 MWth Module (scalable) • Fed into the reactor by device synchronized to gate mechanism to inject with a predetermined sequence. • Feedstock Pyrolysis is achieved in absence of air/oxygen by

  10. Slide 10: Bioenergy Production Options

    Bioenergy Production Options: Green Hydrogen – Electrical/Thermal Power- Ammonia + Other Biofuels Operational Inputs and Outputs PHASE 1 – Start-up PHASE 24 PHASE 34 Initial Additional Additional 10MWelectrical 20MWelectrical 20MWelectrical Year 2023-2024 Year 2025-2026 Year 2027-2028 Biomass feedst

  11. Slide 11: Other Biofuels and Valuable Products

    Other Biofuels and Valuable Products Forest Biomass Product Opportunity The versatility and range of applications for wood presents numerous opportunities for forest biomass. Beyond the more familiar uses of forest products like lumber, pulp and paper, or particleboard, there are a number emerging p

  12. Slide 12: Site Selection to Produce Green Hydrogen, Electrical/Thermal Power and other Biofuels

    Site Selection to Produce Green Hydrogen, Electrical/Thermal Power and other Biofuels 3rd generation patent pending technology to produce high H2 3rd generation content syngas gasification technology Evaluate/solicit Provincial and Confirm and update biomass Federal funding support in Site biomass s

  13. Slide 13: Environment – Minimize Impact

    Environment – Minimize Impact Committed to ensuring the project development and operation have minimal impact on the environment and people around them Sherridon PL Mine RoadAir Quality Noise KCR Visual Impact Wildlife Minimize noise emissions for Minimize emissions and Minimize site footprint with

  14. Slide 14: Site Selection and Development

    Site Selection and Development • Target jurisdiction with abundant waste/residual biomass • Work cooperatively with biomass supply chain on various studies evaluating the proposed Joint Venture Proposal • Biomass supply assessment • Community Consultation • Preliminary infrastructure and logistics a

  15. Slide 15: Management and Directors

    TSXV: MCI | AGRDF: OTC Pink Management and Directors Aligned and Focused on Shareholder Returns MANAGEMENT AND BOARD EXPLORATION & DEVELOPMENT TEAM Gorden Glenn - Chairman, President & CEO GEOLOGY - Chris Buchanan, MSc., P. Geo. Over 30 years industry experience in finance Senior structural geologis

  16. Slide 16: Capital Structure

    TSXV: MCI | AGRDF: OTC Pink Capital Structure (Share data as of February 16, 2023) Symbol TSXV: MCI | AGRDF: OTC Pink Shares Outstanding Well Structured, 69,888,176 Significant Insider Options average price 5,810,000 Ownership $0.21 DSU/RSU average price 975,000 $0.85 Warrants 6,110,644 $0.08 Gold S

  17. Slide 17: Thank You

    Thank You Gorden Glenn, Chairman, President & CEO Tel/WhatsApp: +1 647 985 2785 gglenn@minnovacorp.ca gglenn@minnovarenewables.com 217 Queen Street W., Suite 401, Toronto, Ontario M5V 0R2 www.minnovacorp.ca February 21, 2023 Annual General Meeting

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