Slide 1: Investor Presentation September 2026: CitroTech Advanced Wildfire Protection
INVESTOR PRESENTATION · SEPTEMBER 2026 CitroTech Advanced Wildfire Protection NYSE American: CITR The platform, the channel, and the path to the 2027 fire season. This presentation contains forward - looking statements and should be read together with the Disclaimer on the following page and the Com
Slide 2: Disclaimer & Forward-Looking Statements
IMPORTANT INFORMATION Disclaimer & Forward - Looking Statements Forward - Looking Statements. This presentation contains forward - looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward - looking statements i
Slide 3: Six Structural Changes in Nine Months Formed CitroTech
THE TRANSFORMATION Six Structural Changes in Nine Months Formed CitroTech TODAY THROUGH 2025 NYSE American (CITR) - One of only 4 companies in the United States to be uplisted from OTC in 2025 → OTC Markets (GEVI) LISTING Single operating company - renamed CitroTech Jan 2026 ; HQ to Colorado Mar 202
Slide 4: A Proactive Wildfire Platform, Entering Its Commercial Phase
INVESTMENT SUMMARY A Proactive Wildfire Platform, Entering Its Commercial Phase 1 One chemistry, three markets Factory - applied wood products, proactive ground application, and structure defense - one citric - acid - derived platform. 2 Tier - one manufacturing partner 50/50 HexiTech JV with Hexion
Slide 5: We Spend Billions Fighting Fires and Almost Nothing Preventing Them
WHY NOW We Spend Billions Fighting Fires and Almost Nothing Preventing Them $6.4B Federal wildland fire management, FY2026 enacted - most of it suppression 6.33M acres Burned YTD 2026 vs. 3.60M at the same date in 2025 - up 75% 10 - 20% Share of CAL FIRE's budget that goes to resilience rather than
Slide 6: The Mandate Arrived in 2026
WHY NOW The Mandate Arrived in 2026 Building codes, insurance economics and regulation converged this year JAN UARY 2026 California WUI Code Title 24, Part 7 - consolidated WUI requirements: construction materials, defensible space, and the new Zone 0 ember - resistant perimeter, across mapped Fire
Slide 7: Citric-Acid Chemistry Is the First EPA Safer Choice Recognized Fire Inhibitor
THE PLATFORM Citric - Acid Chemistry Is the First EPA Safer Choice Recognized Fire Inhibitor Derived from fermented grain . Recognized by EPA Safer Choice. PRODUCT PROFILE • Active ingredient: tripotassium citrate - citric - acid derived • First fire inhibitor recognized under the EPA Safer Choice p
Slide 8: Non-Toxic CitroTech Product in USFS QPL Evaluation
THE PLATFORM Non - Toxic C itroTech Product in USFS QPL Evaluation CONVENTIONAL LONG - TERM RETARDANTS • Dominated by QPL aerial application • Ammonium - salt chemistry - mono - and diammonium phosphate, ammonium polyphosphate • Peer - reviewed USGS research identifies un - ionized ammonia as the pr
Slide 9: A Live Burn, Watched by the Fire Chiefs Who Buy It
SEE IT WORK A Live Burn, Watched by the Fire Chiefs Who Buy It THE DEMONSTRATION • Live fire on untreated and CitroTech - treated vegetation, side by side • Vegetation chosen by the agencies • Demonstrated performance • Attended by fire chiefs representing Southern California Not a laboratory result
Slide 10: One Chemistry Reaches the Market Through Three Distinct Channels
THE PLATFORM One Chemistry Reaches the Market Through Three Distinct Channels 1 FACTORY - APPLIED WOOD PRODUCTS Class A fire protection applied at the mill - plywood, OSB, engineered wood, mass timber. Commercialized through the HexiTech joint venture with Hexion. Channel: manufacturing partner 2 PR
Slide 11: Class A Fire Protection Moves to the Point of Wood Production
VERTICAL 1 · FACTORY - APPLIED WOOD - HEXITECH JOINT VENTURE Class A Fire Protection Moves to the Point of Wood Production 50/50 joint venture with Hexion, formed April 2026 focused on manufactured wood products and lumber treatments. WHAT HEXITECH IS Fire protection moved to the point of production
Slide 12: Fire-Retardant Wood Products Market and HexiTech Expansion
$582M NA fire - retardant plywood 5.2% CAGR through 2034 $1.08B NA fire - retardant OSB 5.9% CAGR through 2034 - the focus $755M NA fire - retardant lumber 4.3% CAGR through 2030 = $2.4B combined North American fire - retardant wood products market of which roughly $500M is the fire - retardant chem
Slide 13: Proactive Ground Treatment Enters Budgets That Are Already Mandated
VERTICAL 2 · PROACTIVE GROUND APPLICATION Proactive Ground Treatment Enters Budgets That Are Already Mandated APPLICATIONS • Pre - season treatment of high - risk vegetation and fuel loads • Utility corridor and right - of - way protection • Roadside and evacuation - corridor treatment • Critical in
Slide 14: Installed Perimeter Defense Deploys Before the Fire Arrives
VERTICAL 3 · PROPERTY DEFENSE Installed Perimeter Defense Deploys Before the Fire Arrives THE SYSTEM • Installed system, remotely activated as fire approaches • Applies CitroTech inhibitor to the structure and its immediate perimeter • Aligns with Zone 0 ember - resistant perimeter requirements unde
Slide 15: San Diego's Pilot: Reduction in Encampment-Related Reignitions
PROOF San Diego’s Pilot : 100 % Reduction in Encampment - Related Reignitions 36+ former encampment sites ZERO reignitions in treated areas THE EXPANSION $1.5M California District 76 state grant · $200K allocated to CitroTech product purchases · deployment more than doubling across high - risk areas
Slide 16: Twenty Partnerships Announced in Nine Months
PROOF Twenty Partnerships Announced in Nine Months The channel was built in 2026 MAR All Terrain Fire Support Federal, state and military site targeting; service - disabled veteran - owned partner. APR Hexion → HexiTech LLC 50/50 JV - factory - applied fire protection: plywood, OSB, engineered wood,
Slide 17: A Single QPL Listing Converts Federal Land from Closed to Addressable
THE FEDERAL UNLOCK · 1 OF 2 A Single QPL Listing Converts Federal Land from Closed to Addressable Management expects QPL qualification during the 2027 fire season THE SCALE BEHIND THE GATE ~$1.3B Current federal long - term aerial retardant contract, 2026 - 2030 48.6M gal Fire retardant deployed by
Slide 18: Buyer Universe: Federal, State, Utilities, Transportation, Local
FEDERAL USDA Forest Service Department of the Interior Bureau of Land Management Department of War STATE CAL FIRE State forestry agencies Prescribed burn management State emergency management UTILITIES Investor - owned utilities Rural electric cooperatives Transmission operators - all under mandated
Slide 19: Expanded Partners, Funded Pilots and Commercial Applications, QPL in 2027
MARKET OPPORTUNITY Expanded Partners, Funded Pilots and Commercial Applications , QPL in 2027 The next twelve to twenty - four months Channel - built and expanding Will have over 30 partners across the United States entering 2027 Municipal - funded and expanding San Diego funding for CitroTech expan
Slide 20: Two Markets, Sized on the Chemistry CitroTech Actually Sells
MARKET OPPORTUNITY Two Markets, Sized on the Chemistry CitroTech Actually Sells WOOD PRODUCTS CHEMISTRY - VIA HEXITECH ~$500M North American fire - retardant chemistry - the treatment, not the treated product • Sits inside a $2.4B+ North American treated wood products market – plywood $582M, OSB $1.
Slide 21: A Category with One Legacy Player
COMPETITIVE LANDSCAPE A Category with One Legacy Player — and a Specification Just Rewritten to Encourage Alternatives PERIMETER SOLUTIONS (NYSE: PRM) - THE INCUMBENT $652.9M +16% y/y Revenue (FY2025) $331.7M ~50.8% margin Adjusted EBITDA (FY2025) $489.0M Fire Safety segment revenue ~$5.65B Aug 2026
Slide 22: A Team That Has Already Built and Sold Into This Market
LEADERSHIP A Team That Has Already Built and Sold Into This Market Wes Bolsen Chief Executive Officer Founded LaderaTech; sold it to Perimeter Solutions (NYSE: PRM) and served through its ~$2B listing. Stanford MBA. Andrew Hotsko Chief Operating Officer Previously Regional President, Canopy Service
Slide 23: What Happens Between Here and the 2027 Fire Season
FORWARD What Happens Between Here and the 2027 Fire Season Q3 - Q4 2026 • Partner network targeted to grow to over 3 0 • Full - size panel burn testing complete • HexiTech commercial partner signed by year - end • San Diego expansion · entry: OR, TX, AZ, NM → Q4 2026 - Q1 2027 • Initial HexiTech JV
Slide 24: A Built Product Waiting on a Built Channel
FORWARD A Built Product Waiting on a Built Channel BEHIND US Validation • Technology proven; certifications obtained • Pilots completed with measured results • Revenue pilot - driven and order - lumpy by nature → 2026 Channel construction • Hexion JV - the factory channel • Certified partners 2 → 20
Slide 25: Q2 Reflects a Significant Channel-Build Period, Only Pilot Revenues
THE BRIDGE TO 2027 Q2 Reflects a Significant Channel - Build Period , Only Pilot Revenues 6M 2025 6M 2026 Q2 2025 Q2 2026 $000s, except per - share 1,657 626 688 281 Revenue 668 128 316 9 Gross profit 40.3% 20.5% 46.0% 3.2% Gross margin 8,133 8,567 3,705 3,775 Total costs and expenses (6,476) (7,941
Slide 26: Funding the Bridge to the 2027 Season Is the Remaining Task
THE BRIDGE TO 2027 Funding the Bridge to the 2027 Season Is the Remaining Task WHERE WE STAND - 6/30/26 • Cash $2.5M · working capital $3.3M • Total debt $ 0 • Operating cash use ~$1.9M per quarter RESOURCES AVAILABLE • Up to $6.0M committed by Hexion toward JV capital contributions if necessary (th
Slide 27: A Differentiated Asset at the Point of Commercial Inflection
INVESTMENT HIGHLIGHTS A Differentiated Asset at the Point of Commercial Inflection 1 Chemistry no one else has First and only long - term fire inhibitor recognized under EPA Safer Choice. Non - phosphate, ammonium - free, UL GREENGUARD Gold. The other two products in the category are both phosphate
Slide 28: Thank You
Thank You CitroTech Inc. · NYSE American: CITR · Greenwood Village, Colorado INVESTOR RELATIONS Hayden IR citr@haydenir.com This presentation contains forward - looking statements. See Disclaimer & Forward - Looking Statements and the Company's SEC filings .