Synthesis Energy Systems Inc · OTC:SYNE
Synthesis Energy Systems — Investor Presentation (June 2016)
31 slides from Synthesis Energy Systems's investor presentation, Jun 15, 2016
Slide 1: Growth with Blue Skies
ey eS Synthesis Ener Systems, Inc. GROWTH WITH BLUE SKIES june 2016 CLEAN ENERGY TECHNOLOGY FOR THE FUTURE
Slide 2: SES Forward-looking Statements
is presentation includes “forward-looking statements” within the meaning of Section 27A of the eae ae 1933, as amended, and Section 21E of the Exchange Act. All ee other than statements of historical fact the ability of our h Yima Coal Industry (Group) Co., Ltd. to prod id pay dividend lity op and e
Slide 3: SES Snapshot
es + Industrial growth model Market Cap $92.1 MM 0 i pk Shares 86.9 MM i i Outstanding . ; , Public Float 63.6 MM + Multiple channels, multiple products, multiple billion-dollar growth markets % onicers and 11.3% Director + Leadership: Fortune 100 onalernngs & business backgrounds — management and B
Slide 4: Meets Global Needs & Resources
+ Global need for cleaner gy creation of new middle-class i ies, building GDP. > Manneiicemeats unter ; ete ae = Growing demand requires cleaner solution than old-gen GEOGRAPHY: Asia continues fo drive adh ‘burning esis lees Ne lew market nS eae in China, India, Africa, and South America . FReMSHEI@
Slide 5: SES is Well Established & Positioned in China
SES is well ASD Fotablistied & Positioned in China i ee Province (2 syste ca oe facility joint ventures (Yima, ZZ); China regional JV: Temes 7S) ‘CCT Initiatives drive for higher energy efficiency in i ial base = Response to rapid, & services based model A New China Paradigm «2016 Snes Eneay Systems
Slide 6: Varied Feedstock Inputs
iui Varied Feedstock Inputs e SES Gasification System LOW GRADE COAL caprine CAPABLE lenis of aees to Te clean syngas {4S61 systems 7 commercial Sin commissioning: 2in gen + High barrier + Originated from U-GAS@, exclusively licensed from Gas Technolgy Intkite (GT) ai edvancel wit SESS 15 prover . I
Slide 7: SGT: Superior Gasification Technology
3 SGT: Superior Gasification Technology v Higher efficiency v Lower operating c ¥ Lower capital investment ee v Low rank coal capability generation v_ Eliminates air pollutants v Lower we e v C02 stream capture for sequestering, EOR or ower Use proler elacursram technologies currently in develop tar
Slide 8: Building On Achievements, Positioned for Growth
12C i i . gee SGT Performance + Strong Base For Growth Industrial Growth Misael Cerporatn of - a7 SCT Equipment Gasifeation y Yima Large Design and systems — Scale Chemical Manufacturing Industrial Fuel Project 3 SGT Gas Systems (2+1) ZZ Syngas Project 2 SGT Systems 30 Years R&D (GTI Building On Ach
Slide 9: Value Creation Model
Strategy for inati gy YY Structuring For Equity Investment assumptio1 2 een ee) "BOM; Debt $70MN) ° = 20% (unlevered); * geroa = ssonn year) Sale assumptions for each project o eae cee Dano 70s 35 X ESTTDA sales 25 = $1508 «Net ales proveds to eqty = 120¥M LP INVESTORS SES SPV 50% = (2) EBITDA to ne
Slide 10: Maximizing the Opportunity
Multiple Revenue Multiple Products fu oat en neering ost equipment systems Multiple Eneray Growth Markets Natural gas replaceme markets: industry, ‘aluminum, ceramics obs sts migyrgste onic ine natural gas Maximizing the Opportunity (e206 Snes Eneay Systems, Ine Al ROS SES Gasification Tested Range
Slide 11: Well Positioned for Large and Growing Energy Markets
gasification systems worldwide INDUSTRIAL SYNGAS: Closnlnd inexnencive GAS: SES's reliable, and efficient iGAS power replacement for natural Coal-fueled SNG has potential projects for fast-growing gas fired use in industrial to be a large energy source dl Settings. Total available (est, 50 billion N
Slide 12: Tianwo-SES Clean Energy
Tianwo-SES Clean Energy Asian JV Partnership Global Business Partners Regional Partners © TANWo-sES Gens ENERGY Rs TECHNOLOGIES Cc Sino-Foreign Joint Venture between Sa ju THVOW Technology Ltd. - aleading Chinese process equipment manufacturer sesssrsravowssn pc") fegic Joint Venture ‘Esabshg Sov ae
Slide 13: Growth Market 1: Industrial Syngas
SGT Sconomically advantaged clean coal NG eens project = robu ist industrial syngas new busine: ipeline . i ngas tems: a See Sin ee 2in aevecorent . S equity- position Project: Ltd, state-owned Initial project secured May 2016: First phase est. 700 million yuan ($107 milion) of est. total project 2
Slide 14: Global Growth Market 2: iGAS Power
(e206 Snes Eneay Systems, Ine Al ROS Electric Power Consumption per Capita i ileal (kWh) SGT GELM-2500+64 od ffordabl, for . low-rank feedstock: i hedge for future CO2 liability i j per kilowatt-hour n i j ynga Pe distributed power plant i Ltd Designed to utilize 2 state-of-the-art SES XL3000 gasifi
Slide 15: Potential Growth Market 3: Substitute Natural Gas
ior and lower cost for natural gas conversion technology a Market Opportunity ¥ ntay 2 2014, china a propose SNG suply + SES's SNG pipeline acy to reach 32BNCM by 2017 SES has identified and is strategically approaching multiple sti wee ey Do Serie global SNG projects, Inducing 15 potental SNG proje
Slide 16: Yima JV Plant — Henan Province
(e206 Snes Eneay Systems, Ine Al ROS fy ima JV Plant — Henan Province Sins i nae mntisayimp a igher pressure, 10 bar operation ear (I S 8. 26 Boy gag af a B Z jing ~330,000 MPTY run rate(*) mated | eel EBITDA of 300-350 millon 2400-2600 yuan per ton)" 1g Facility being repurposed, potentially reloca
Slide 17: Growing Pipeline of Opportunities
* Africa SES Revenues = Australia wp 7 Pe Foon Technology licensing, equipment and services = Other Asia ¥ SES equity-position industrial syngas projects in commercial development ¥ Proof-of-principal JV plant operations: Yima, ZZ = DRI = Chemicals = Fertilizers * Liquid Fuel = Other ¥ Growth focus
Slide 18: SES 12-Month Catalysts
mS eS Industrial Fuel - iGAS Power - SNG Equity Inve: nt ~ Advance initial SES-CI ygen-cle fuel: = China and 2 tom aap ers gy SES 12-Month Catalysts «2016 Snes Eneay Systems, Ine Al Rohs Reserved
Slide 19: SES 12-Month Catalysts
mS ss Industrial Fuel - iGAS Power - SNG * JV Assets as well as on ~ Yima J} ti SES 12-Month Catalysts aus we
Slide 20: Appendix
ae ty - Leadership - Management - Board of Directors + Partners & Collaborators + Includes Tianwo-SES current projects + Global Natural Gas: Long-term Asian Outlook + Global Coal Reserves APPENDIX
Slide 21: Management
DeLome F Appointed SES‘s chief executive in February 2016. Joined the SES executive team as SVP, Gasification Technology tn December 2014. 25 years: Geciecean dial lees eoaroled) ope tee Ip onciay ¢ dustries, with GE and Chevron/Texaco. Ten years at GE Energy Inclided General’ eee Gasificatio 11 & P
Slide 22: Management
John Winter, Ph.D., Chief aw + 30-year petrochemical industry experience, including 15 years of gasification technology research, reiconing ces (ean wentees onal emskicenon operations: Fast senior positions include GE Energy, ree etre? Nosy Alice tes ene Bot) re + PhD. al ng Guedes ponels GTEC See c
Slide 23: Board of Directors
Lorenzo Lamadrid, Chateman ~ Ten-year tenure as Chairman o e 2001, Managing Director of Globe earn cats LUC 3 firm that Specializes Tn‘the development of large scale enevay, power generations positions with General Electric and Ge’s International Sector, The Wing Gr ind arthur 0. Little « B.A., Mark
Slide 24: Board of Directors
ay, R + Chairman of Henmead Enterprises, with a particular focus on advising companies regarding strategy, jecaulaiconelaratalves tures Broad executive and financial management background spans computer Safeare jen alnyren/anclconet mer en ehineUe ee a aa eel ware, Atari, RCA, GE, NBC and Bosto mpan
Slide 25: Partners & Collaborators
yr hw AN + March 2016 agreement SES China JV Partner: Suzhou THVOW Technology Co., Ltd. A) 000+ employees Yima JV | Ltd, - 35% SES, 65% Partners & Collaborators «2016 Snes Eneay Systems, Ine Al Rohs Reserved
Slide 26: Tianwo-SES Current Projects
Tianwo-SES Current Projects: (A) — Secured by Thi td, (ICCDI) one no ong nal inde et ae ay : 1g bid for a coal-to-syngas EPC turkey facility, which would be designed to pas 0; 008 nw orndusial syngas forthe metalurial Industry in Shanciong brovince, reported projecbed contract total 160 million yuan
Slide 27: Partners & Collaborators
SG a $3 billion Indian n In cengtnerat ‘com x fertilizers, teeter 55; engineering support globally iGas pated jAS Collaborator: GE Packaged Power including high- ali Partners & Collaborators «2016 Snes Eneay Systems, Ine Al Rohs Reserved Y)
Slide 28: DRI for Steel Production
3 DRI for Steel Production SES Exclusi i) ly integrated cleat + State-of-th to create d + World DRI GLOBAL A) (A) oO 6 ing strategy Partners & Collaborators «2016 Snes Eneay Systems, Ine Al Rohs Reserved Source: © Midrex Technologies, nc
Slide 29: Global NG: Long-term Asian Outlook
bes Long term natural gas price outlook in Asia supports coal gasification project development : including abundant a up 135 gua) 20 [per sas 8 sas [ogg Ee 3 laa aa as 2 + Indigenous domestic natural resources = government/regional + 2p 32 energy independence and GDP Growth 60 whe aia ake wie + LNG
Slide 30: World Coal Reserves
World Coal Reserves Total: 892.5 Billion Tonnes World CoaFReserves Bition Tonnes Seurces: BP Statistical Review of World Energy une 2015, subso y, Werld Energy Coun; *Range: 25: Werld Energy Resources 3, Damo & Commerc (©2015 Sythe Enegy Syste A RightsReserved
Slide 31: Synthesis Energy Systems, Inc.
ey eS Synthesis Energy Systems, Inc. GROWTH WITH BLUE SKIES Investor Relations: MDC GROUP Contact: David Castaneda (414) 351-9758 | IR@synthesisenergy.com
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