Lanzatech Global, Inc. · NASDAQ:LNZA
Lanzatech Global — SPAC Merger (January 2023)
35 slides from Lanzatech Global's SPAC merger presentation, January 2023
Slide 1: Transforming Carbon. Making Products.
Transforming Carbon. Making Products. Where does your carbon come from? ©2023 LanzaTech, Inc. All rights1 reserved.
Slide 2: Disclaimer
Disclaimer The Presentation (Together with Oral Statements Made in Connection Herewith) This presentation (together with oral statements made in connection herewith, this "Presentation”) is for informational purposes only. This Presentation shall not constitute an offer to sell, or the solicitation
Slide 3: Disclaimer
Disclaimer The Presentation (Together with Oral Statements Made in Connection Herewith) If any of these risks materialize or AMCI‘s or LanzaTech's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional
Slide 4: LanzaTech Captures Carbon and Transforms it into Sustainable Products
LanzaTech Captures Carbon and Transforms it into Sustainable Products 4
Slide 5: From waste . . .
From waste . . .
Slide 6: . . . to products
. . . to products
Slide 7: Being CarbonSmart
Being CarbonSmart™ In a CarbonSmartTM world, carbon waste is transformed to nearly everything we use in our daily lives LanzaTech generates profitable ROIs for ~2 tons partners, accelerating adoption of CarbonSmart™ of CO2 removed per ton Products with CarbonSmart™ of CarbonSmartTM product made¹ $1T
Slide 8: LanzaTech's Unique Transformation Process
LanzaTech’s Unique Transformation Process THE LANZATECH PROCESS FERMENTATION FUELS STORAGE PROTEIN ELECTROLYSIS & INDUSTRIAL AGRICULTURAL DIRECT OFF-GAS & MUNICIPAL GASIFICATION COMPRESSION CLEAN UP SEPARATION AIR CAPTURE WASTE MATERIALS
Slide 9: Market Opportunity
I —_————— | Market Opportunity 4
Slide 10: Proven Technology at the Nexus of Two Mandated Markets
Proven Technology at the Nexus of Two Mandated Markets Industrial Consumer 12 $1 Gigatons of carbon Mandated Trillion Mandated emissions Addressable need to markets emitted1 Annual reduce Market² and emissions consumer demand ¹ Climate Watch, The World Resources Institute, Global Change Data Lab; da
Slide 11: Sustainable Aviation Fuels Market Opportunity
Sustainable Aviation Fuels Market Opportunity “SAFs are the only viable near-term option to decrease emissions in the aviation sector, as they are compatible with current aircraft engines and fueling infrastructure and can power flights with no distance limits” (McKinsey & Company) 1 Mandated Global
Slide 12: LanzaTech Provides a Profitable Pathway to Solving Heavy Industries' Carbon Problem
LanzaTech Provides a Profitable Pathway to Solving Heavy Industries’ Carbon Problem Ability to Use Carbon Profitable to Commercially Existing Captured / CO2 Emitter Available Addressing industrial Infrastructure Avoided carbon emissions while LanzaTech ✓✓✓ ✓✓✓ ✓✓✓ ✓✓✓ preserving trillions of dollars
Slide 13: Global Fortune 500 Partners Deploying LanzaTech's Technology
Global Fortune 500 Partners Deploying LanzaTech’s Technology Key Partners ~$850mm invested by world class partners into plants deploying LanzaTech’s technology, resulting in expected product capacity of ~700,000 mtpa (230 million gallons/year) Shougang LanzaTech Construction on 1st project n Belgium
Slide 14: LanzaTech's Network of Trusted Investors and Partners
LanzaTech’s Network of Trusted Investors and Partners Range from Industrial Emitters to Aviation Companies and Consumer Brands Over $500M Raised from World Class Investors “We have worked with LanzaTech for several years, know their leadership team well and understand the potential of their technolo
Slide 15: Company and Technology Overview
2 Company and Technology Overview
Slide 16: LanzaTech Leadership
LanzaTech Leadership Who We Are Our DNA Jennifer Holmgren Freya Burton CEO & Director Chief Sustainability Officer Process Integration & Commercialization Geoff Trukenbrod Zara Summers CFO VP, Science Joseph Blasko Michael Koepke General Counsel VP, Synthetic Biology Refining, Aviation & Biotech Ste
Slide 17: Poised for Growth: 17 Years of Intellectual Property Development and Technology Commercialization
Poised for Growth: 17 Years of Intellectual Property Development and Technology Commercialization Market is Ready for LanzaTech Demonstrated market and LanzaTech recognized as regulatory need for carbon capture and decarbonization solutions transformation leader Innovate and Capitalize on Market Inf
Slide 18: Broad Technology Platform with Patent Protection Forms Competitive Moat
Broad Technology Platform with Patent Protection Forms Competitive Moat Downstream 100 Potential Upstream Core Synthetic Biology & Fermentation Product Portfolio Chemicals Identified Patents Patents Patents 3-hydroxypropionate Butyric acid 1,3-BDO Feedstocks and (R,S,mix) Chassis Strains Equipment D
Slide 19: LanzaTech Offers Carbon Negative Products Today
LanzaTech Offers Carbon Negative Products Today With Inevitable Improvement Over Time 89 Renewable Energy Sustainable Further reduces carbon intensity of Aviation Fuel LanzaTech process and products With LanzaJet g CO2e/MJ Process 14 LanzaTech with renewable energy Carbon Negative Feedstocks Fossil
Slide 20: LanzaJet: The Leading SAF Platform
LanzaJet: The Leading SAF Platform LanzaJet Overview Key Investors SAF from Complementary Carbon Technology to Emissions LanzaTech LanzaTech Patented Ownership 25%, Process and Path to Majority ASTM through IP Approved Contribution 20
Slide 21: Carbon Emissions to Sustainable Aviation Fuels
Carbon Emissions to Sustainable Aviation Fuels Abundant, Waste-based Low Cost Process Competitive Waste-to-SAF Solution Feedstock With opportunity to utilize existing ethanol supply today Ethanol Industrial Gas MSW Ethylene Jet Biomass Refinery Gas Diesel CO2 +H2 Biogas Water Source: LanzaTech manag
Slide 22: Net Zero Aviation
Direct Conversion of CO2 Net Zero Aviation requires closing the emissions cycle Direct conversion of CO2 to SAF is possible today Coupling direct CO2 conversion with Direct Air Capture fully closes the aviation fuel cycle 22
Slide 23: SAF Competitive Landscape
SAF Competitive Landscape Lowest Cost Process1 SAF Key Competitors Direct CO2 Feedstock Use High Potential Jet Yield (90%)2 Abundant Low- Significant competitive cost Feedstocks advantages from joint process Non-food Based Multiple Global Plants in Development 1 As compared to Gasification + Fischer
Slide 24: Synthetic Biology: LanzaTech's Toolkit to Redefine the Chemicals Industry
DRAFT Synthetic Biology: LanzaTech’s Toolkit to Redefine the Chemicals Industry Strain Construction AI and Modeling Automation TOOL KIT LanzaTech is the first to unlock anaerobic microbes as chassis organisms and has a complete toolkit in house to engineer new products 24
Slide 25: Leading Synbio Company Transforming Waste to Products
Leading Synbio Company Transforming Waste to Products LanzaTech’s Differentiated Platform Allows it to Use Multiple Non-Food Feedstocks Why LanzaTech Product Microbe Commercial Feedstock Differentiated End-to-End Identification Design Operations Capability 1 Capability ✓ ✓ ✓ Enables Expansion to ✓ ✓
Slide 26: Providing SynBio Solutions To Industry Leaders Across Different Sectors
Providing SynBio Solutions To Industry Leaders Across Different Sectors Microbes Tailored for Chemicals Specific Applications Materials Packaging Fragrances Fabrics ✓ Same reactor ✓ Same feedstock ✓ Same process 26
Slide 27: LanzaTech SynBio Platform at the Cutting Edge
LanzaTech SynBio Platform at the Cutting Edge Across Multiple Capabilities & Processes World’s First Advanced AI Anaerobic Biofoundry & Modeling Fully Automated Fully-Integrated Engineering & Screening of Predictive Metabolic Thousands of Anaerobic & Process Models Gas Fermentation Strains Rapid In
Slide 28: Growth Opportunity
3 Growth Opportunity Le
Slide 29: LanzaTech CCT Plant Deployment Status
LanzaTech CCT Plant Deployment Status 3 Commercial Plants Operating, 6 Plants Scheduled to Complete Construction or Commissioning in 2023, and 8 Additional Plants in Engineering Operating Construction Engineering Feedstocks Represented Regions Represented Steel and MSW Refinery North Europe Asia Bio
Slide 30: Global Impact
Global Impact Steel and MSW Refinery Biomass Biogas CO2 +H2 SAF Facility Ferroalloy Gas Gas 30
Slide 31: Brookfield Partnership to Drive CCT Scale-Up and Catalyze Project Deployment
Brookfield Partnership to Drive CCT Scale-Up and Catalyze Project Deployment within LanzaTech Co-Development Strategy ◼ Brookfield Framework Agreement unlocks sophisticated infrastructure capital to invest in projects and further validates the LanzaTech technology platform Brookfield Partnership Rev
Slide 32: Business Model
Business Model Integrated and Complementary Business Model Licensing of CCT Technology ◼ Combination of one-time and recurring revenues to deploy LanzaTech carbon capture and transformation (CCT) Joint Development & plants Contract Research Joint ◼ One-time revenues - equipment, ◼ Leverages LanzaTec
Slide 33: Key Operational Highlights
Key Operational Highlights Clear track record of successfully deploying patented carbon capture and transformation (CCT) technology driving revenue growth in a massive global TAM supported by macro tailwinds CCT market leader built on the foundation of a world class synthetic biology platform delive
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