Algoma Steel Group Inc. · NASDAQ:ASTL

Algoma Steel — Corporate Update (December 2022)

19 slides from Algoma Steel's corporate update, Dec 13, 2022

  1. Slide 1: Community Liaison Committee Meeting #43

    Community Liaison Committee Meeting #43 Tuesday, December 13, 2022

  2. Slide 2: Agenda

    Agenda 1. Review of September 13th, 2022 meeting notes 2. Membership Items 3. Cokemaking Emissions Performance 4. Public Complaints 5. Electric Arc Steelmaking and Environmental Permit Applications 6. Legacy Environmental Action Plan 7. Next Meetings

  3. Slide 3: Membership

    Membership Current Members and Alternates Representation Primary Member Alternate Algoma Steel Fred Post Chris Galizia Ministry of Environment, Conservation & Parks Lori Jalak Ron Dorscht Public David Trowbridge Anton Schoahs Public Jillian Marquis Dan Gabor SSM Tribe of Chippewa Indians Kathie Bros

  4. Slide 4: Cokemaking Emissions Performance

    Cokemaking Emissions Performance 100%Compliant with the Site Specific Standard leak limits Key Performance Indicators related to CokemakingEmissions: ▶ average intensity of pushing emissions ▶ average duration of charging emissions ▶ % lid leaks Performance is monitored ▶ % off-takes leaks and calcu

  5. Slide 5: Improved Air Quality

    Improved Air Quality Cokemaking Emissions Performance All batteries performing below leak limits.

  6. Slide 6: Improved Air Quality

    Improved Air Quality Cokemaking Emissions Performance Notes: ▶ 2015 data begins on July 2nd when the standard came into force ▶ 2022 data includes Jan 1, 2022 to Nov 30, 2022 ▶ Number of audits per year vary based on changing operating conditions To date all corrective actions have successfully corr

  7. Slide 7: Progress Improvement

    Progress Improvement Cokemaking Stack Opacity  The implementation of Algoma’s stack opacity reduction action plan is underway to improve opacity and demonstrate continuous improvement

  8. Slide 8: Public Complaints

    Public Complaints The following public complaints were received by the Company since the last CLC:  4 Odour, 2 Noise & 1 Particulate An internal investigation into each public complaint is conducted and a report is submitted to the MECP and a summary is listed on the company website.

  9. Slide 9: Algoma Started Construction of Electric Arc Steelmaking Facility

    Algoma Started Construction of Electric Arc Steelmaking Facility In November, 2021 Algoma Steel Inc. announced its decision to invest CDN $700 million in the transition to electric arc steelmaking. Two state-of-the-art electric arc furnaces will replace its existing basic oxygen steelmaking operatio

  10. Slide 10: Transition to Electric Arc Furnace Steelmaking: Applications for Environmental Compliance Approvals

    Transition to Electric Arc Furnace Steelmaking Applications for Environmental Compliance Approvals Algoma Steel has submitted applications for the following approvals: Site wide Environmental Compliance Approval for air and noise based on the planned progressive 1 shutdown of equipment and facilitie

  11. Slide 11: Site Specific Standard Requests

    Site Specific Standard Requests New Site-Specific Standards will govern the operating transition to electric arc steelmaking ▸ In March 2022, Algoma submitted a request for amended emissions as a result of the progressive site-specific standards for benzene, benzo(a)pyrene, and shutdown of equipment

  12. Slide 12: Progressive Reduction in Modeled Emissions

    Progressive Reduction in Modeled Emissions Transition to Full Compliance to the Standard MECP Point of Maximum Predicted POI Concentration (µg/m3) Averaging Contaminant Impingement 2029 Period Current-2024 2024/2025 2026-2028 Limit (µg/m3) Onwards Benzene Annual 0.45 (2.2 SSS) 3.98 3.98 3.21 0.11 0.

  13. Slide 13: Progressive Transition to Electric Arc Steelmaking

    Progressive Transition to Electric Arc Steelmaking Operating equipment included in the modeled transition to electric arc steelmaking. Terminology: Current - 2024 2024/2025 2026-2028 2029 MECP Ministry of Environment, Coke Oven Coke Oven EAF1 and Conservation and Parks Coke Oven Batteries Batteries

  14. Slide 14: Public Consultation – Site Specific Standards

    Public Consultation – Site Specific Standards A number of plain language summaries of Algoma’s Site Specific Standard applications have been made available on our website including the following:  Site Specific Standard Application Process  Emission Summary and Dispersion Modelling Report (ESDM) 

  15. Slide 15: Decarbonization Strategy

    Decarbonization Strategy Algoma continues to evaluate additional opportunities to further decarbonize our operations aligned with the Canadian Steel Industry’s aspirational goal of achieving net zero greenhouse gas emissions by 2050. Algoma is taking a collaborative approach, working with industry p

  16. Slide 16: Site Greening

    Site Greening Algoma has launched a Site Greening Initiative that includes surface stabilization, ground and surface water management, and revegetation. The plan includes the creation of naturalized green buffer strips along the perimeter of the site by introducing clean soils, creating seasonal sur

  17. Slide 17: Shoreline Stabilization

    Shoreline Stabilization Algoma’s shoreline stabilization project is required to support the Site Greening Initiative to ensure that the naturalized green buffer strips along the perimeter of the site remain intact and are projected from possible erosion. The shoreline stabilization project consists

  18. Slide 18: Community Liaison Committee - Next Meetings

    Community Liaison Committee - Next Meetings Proposed 2023 Schedule:  March 7th, 2023  June 6th, 2023

  19. Slide 19: Thank you

    Thank you ALGOMA SS eI, ——=

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