Aemetis, Inc · NASDAQ:AMTX
Aemetis — Conference Presentation (March 2026)
27 slides from Aemetis's conference presentation, Mar 20, 2026
Slide 1: Aemetis, Inc. (NASDAQ: AMTX)
Aemetis, Inc. (NASDAQ: AMTX) Dairy Renewable Natural Gas, Ethanol and Other Renewable Fuels Eric A. McAfee – Chairman and CEO
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements This presentation contains forward-looking statements, including statements regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements in
Slide 3: Aemetis at a Glance
Aemetis at a Glance A diversified, integrated, global biofuels platform - Nasdaq: AMTX 12 operating California dairy RNG digesters 2 operating biofuel production plants with Large biodiesel producer in India with with 36 mile pipeline (and 50 dairies signed) more than 140 million gallons of capacity
Slide 4: Aemetis Ethanol
Aemetis Ethanol High Octane, High Oxygen, Low Emission, Lower Cost Renewable Fuel for Transportation 4
Slide 5: California Ethanol Plant: Plan for Earnings Growth
California Ethanol Plant: Plan for Earnings Growth Ethanol Plant Upgrades to Increase Energy Ethanol Plant Upgrades to Increase Efficiency and Reduce Carbon Intensity Operational Performance High Efficiency Heat Zero Carbon New Distributed Control System (DCS) with AI Exchangers Intensity Electricit
Slide 6: California Ethanol Plant: Conversion to Low Carbon Electricity
California Ethanol Plant: Conversion to Low Carbon Electricity ________________________________________________________ 6
Slide 7: Aemetis Biogas
Aemetis Biogas Negative Emission Rate Dairy Renewable Natural Gas For Trucks, Buses and Marine 7
Slide 8: Aemetis Biogas LLC: California Dairy RNG Overview
Aemetis Biogas LLC: California Dairy RNG Overview 50 Dairies Signed with 35-Year Leases and/or Participation Agreements Anaerobic digesters capture dairy methane gas; then treatment units at each dairy remove hydrogen sulfide (H2S) before gas enters into biogas pipeline 12 Digesters = In Service
Slide 9: Dairy Digester Manure-to-Biogas Process
Dairy Digester Manure-to-Biogas Process 9
Slide 10: Biogas-to-RNG Plant and PG&E Gas Pipeline Interconnect
Aemetis Biogas-to-RNG Plant and PG&E Gas Pipeline Interconnect 10
Slide 11: Plan for Revenue and Earnings Growth: Below Zero CI Dairy RNG
Plan for Revenue and Earnings Growth: Below Zero CI Dairy RNG Aemetis Dairy RNG Digesters, Pipeline, Gas Cleanup and Utility Interconnection Biomethane anaerobic digesters at dairies connected by biogas pipeline to a gas cleanup and compression facility at the Aemetis Keyes ethanol plant produce dai
Slide 12: Aemetis International
Aemetis International India Biodiesel, Refined Glycerin and Refined Tallow Production 12
Slide 13: Biodiesel and Refined Glycerin Refinery in Kakinada, India
Biodiesel and Refined Glycerin Refinery in Kakinada, India India National Biofuels Policy resulted in Oil Marketing Companies purchasing biodiesel for 25 billion gallon diesel market. Aemetis has expanded plant capacity to 80 million gallons per year. Dairy RNG and SAF/RD projects under development.
Slide 14: Aemetis Riverbank: Carbon Capture and RD/SAF
Aemetis Riverbank: Carbon Capture and RD/SAF Carbon Capture and Underground Sequestration (CCUS) of CO2 Renewable Diesel and Sustainable Aviation Fuel Plant Project 14
Slide 15: Riverbank, California Site
Riverbank, California Site Signed acquisition agreement for the 125-acre Riverbank Industrial Complex site 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 storage − 100% low c
Slide 16: Renewable Diesel and SAF Plant Layout: Riverbank, California
Renewable Diesel and SAF Plant Layout: Riverbank, California 16
Slide 17: 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 − Light green area shows shale geological storage containing saline water for CCS − Shale caprock layer at approximately 7,000 ft depth and basement layer below CO
Slide 18: Policies and Incentives
Policies and Incentives
Slide 19: Oct 2025: E15 Ethanol Blend into Gasoline Approved in California
Oct 2025: E15 (15%) Ethanol Blend into Gasoline Approved in California E15 is a 50% increase in ethanol demand in California California Assembly and Senate voted unanimously in favor of E15 blend (increase from E10) Oct 2025: Governor Newsom signed legislation to immediately approve 15% ethano
Slide 20: July 2025: California LCFS Mandate Extended to 2045
July 2025: California LCFS Mandate Extended to 2045 California Low Carbon Fuel Standard (LCFS) requires annual reductions in the carbon intensity of all fuels sold In November 2024, the California Air Resources Board (CARB) adopted regulations that became effective July 1, 2025 to reduce the ave
Slide 21: 45Z Production Tax Credit for RNG: DOE 45ZCF-GREET Update Needed
45Z Production Tax Credit for RNG: DOE 45ZCF-GREET Update Needed Outdated January 2025 GREET calculation of emissions rate for dairy RNG is causing loss of $1 billion to dairy RNG producers for year 2025 and continued losses in 2026 CO2 reuse at ethanol plants should be included in GREET update
Slide 22: Aemetis, Inc. (NASDAQ: AMTX)
Aemetis, Inc. (NASDAQ: AMTX) Eric A. McAfee – Chairman and CEO
Slide 23: Aemetis Circular Bioeconomy
Aemetis Circular Bioeconomy 23
Slide 24: Highly Experienced Management and Board of Directors
Highly Experienced Management and Board of Directors Eric McAfee - Chairman of the Board and CEO Founder of Aemetis (NASDAQ: AMTX) and co-founder of $1.6 billion revenues Pacific Ethanol (Now NASDAQ: ALTO) Founding shareholder of oil production company Evolution Petroleum (NYSE: EPM) Founded e
Slide 25: Saline Storage Formations
Saline Storage Formations 25
Slide 26: Proximity to Other CO2 Sources
Proximity to Other CO2 Sources • Aemetis CO2 storage sites are located 90 miles 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 per year
Slide 27: 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: • Pre-FEED and FEED consultation and projec