DevvStream Corp. · NASDAQ:DEVS
DevvStream — Investor Presentation (November 2024)
22 slides from DevvStream's investor presentation, Nov 18, 2024
Slide 1: Investor Update
Investor Update November 18, 2024
Slide 2: Disclaimer: Cautionary Note Regarding Forward-Looking Statements
DISCLAIMER Cautionary Note Regarding Forward-Looking Statements Certain statements in this presentation may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and
Slide 3: Disclaimer
DISCLAIMER No representations or warranties expressed or implied are given in, or in respect of, this presentation. Industry and market data used in this presentation have been obtained from third-party industry publications and sources as well as from research reports prepared for other purposes. D
Slide 4: Contents
CONTENTS 1. The scope of the carbon credit market 2. An overview of our recent business combination 3. The 3 pillars of the company’s business model 4. Strategic offset portfolio 5. Project investment & industry consolidation 6. Project development 7. Management team 8. Appendix 4
Slide 5: Carbon Is Already a $1 Trillion Market
CARBON IS ALREADY A $1 TRILLION MARKET Carbon credits(1) are a financial tool designed to help organizations advance decarbonization efforts by funding environmentally- conscious projects. The carbon market is already an approximately $1T market and is expected to more than double over the next 4 ye
Slide 6: Our Business Combination Enables Rapid Growth
O U R B U S I N E S S C O M B I N AT I O N E N A B L E S R A P I D G R O W T H The anticipated de-SPAC merger between Focus Impact and DevvStream was finalized on November 6, 2024. ▪ Allows access to an additional $43 million of operating capital ▪ In tandem, signed definitive agreement acquiring a
Slide 7: DevvStream Is the First and Only Carbon Company on Any Major U.S. Exchange
D E V V S T R E A M I S T H E F I R S T & O N LY C A R B O N C O M PA N Y O N A N Y MAJOR U.S. EXCHANGE ▪ The additional layer of regulation and governance mandated by Nasdaq has the potential to create a significantly higher level of trust in DevvStream’s carbon credits. ▪ Trust is critical to insp
Slide 8: Our Business Model
Our Business Model Project Strategic Investment & Offset Industry Project Portfolio Consolidation Development C O P Y R I G H T © D E V V S T R E A M , I N C W W W . D E V V S T R E A M . C O M 8
Slide 9: The 3 Pillars of DevvStream's Business
THE 3 PILLARS OF DEVVSTREAM’S BUSINESS 1. STRATEGIC OFFSET ▪ Nature-based, tech-based, and carbon sequestration PORTFOLIO ▪ Current inventory of 3.7 million credits for resale ▪ Carbon credit industry is primarily populated with smaller operators or nonprofits ▪ Nasdaq listing may make the company a
Slide 10: Strategic Offset Portfolio: 3.7 Million Credits
S T R AT E G I C O F F S E T P O R T F O L I O : 3 . 7 M I L L I O N C R E D I T S ▪ Executed a process to substantially grow carbon credit inventory in November 2024. o Management believes these acquisitions were completed at an opportunistic time ▪ Inventory represents a diversity of projects, inc
Slide 11: 50% Equity Stake in the Monroe Project
5 0 % E Q U I T Y S TA K E I N T H E M O N R O E P R O J E C T The Monroe Project represents a significant step forward in our Project Investment strategy. ▪ DevvStream executed a strategic acquisition in November 2024 due to strong offtake interest in sequestration projects and the increase in scop
Slide 12: 50% Equity Stake in the Monroe Project: Revenues and 45Q
5 0 % E Q U I T Y S TA K E I N T H E M O N R O E P R O J E C T ▪ Project revenues are expected to be generated from: ▪ Storage fees from accepted CO2 to be sequestered, funded by 45Q credits ▪ The sale of voluntary carbon offset credits ▪ Other potential revenue: timberland sequestration, stream bed
Slide 13: Large and Diversified Pipeline
LARGE AND DIVERSIFIED PIPELINE Total pipeline represents an opportunity to generate 30M+ credits/year across 140+ projects. Select nature- based 140+ Industrial 12.5% efficiency 25.0% Water 16 IDENTIFIED efficiency 18.8% OPPORTUNITY TYPE ACTIVE PROJECTS 5 Multiple opportunities for expansion exist f
Slide 14: Recent Changes to Article 6 of the Paris Agreement Are Revolutionary
R E C E N T C H A N G E S TO A R T I C L E 6 O F T H E PA R I S A G R E E M E N T ARE REVOLUTIONARY ▪ DevvStream is fundamentally a technology company, and it seeks to apply technology to help advance nature- based projects. ▪ There has been a renewal of interest in nature-based projects. Many of th
Slide 15: Additional Company Details
A D D I T I O N A L C O M PA N Y D E TA I L S Providing a turnkey solution to TURNKEY help companies generate, manage SOLUTION and monetize environmental assets through carbon credits. Utilizing blockchain technology BLOCKCHAIN to drive trust and transparency TECHNOLOGY across the credit lifecycle.
Slide 16: Program Example: EV Charging
PROGRAM EXAMPLE: EV CHARGING ▪ According to the Federal Highway Administration (August 27, 2024), there are an estimated 192,000 public EV charging points in the United States, with an additional 1,000 being added weekly. ▪ L2 chargers can generate up to $1K per year. ▪ Fast Chargers (next generatio
Slide 17: RECs Are a Key Component of Our Asset Strategy
R E C s A R E A K E Y C O M P O N E N T O F O U R A S S E T S T R AT E G Y Renewable energy certificates are produced when a renewable energy source (wind, solar, hydroelectric, etc.) generates one MWh of electricity and sends it to the grid. Purchasers include corporations seeking to make a green e
Slide 18: Pending Opportunities: Large-Scale I-REC Program
PENDING OPPORTUNITIES: LARGE-SCALE I-REC PROGRAM REC ME SS ED T E SS CE E R ▪ Pipeline is comprised primarily of renewable energy 3 intage 3M power plants and utility-scale solar. ▪ 1.3GW of solar in Macedonia (1.5M I-RECs/year) M ▪ 600MW geothermal in Indonesia (4M I-RECs/year) ▪ Expected to increa
Slide 19: Leadership with Experience in Technology & ESG
LEADERSHIP WITH EXPERIENCE IN TECHNOLOGY & ESG Sunny Trinh Erick Went Chris Merkel Chief Executive Officer Chief Technology Officer Chief Operating Officer • ~25 years experience in technology, ESG and carbon markets • Multiple VC-backed startups • ~25 years experience in business development • Led
Slide 20: Appendix: Supplementary Information
A P P E N D I X : S U P P L E M E N TA R Y I N F O R M AT I O N 20
Slide 21: Select Media Mentions
SELECT MEDIA MENTIONS DevvStream is a recognized leader in technology-based carbon credit generation. DevvStream CEO and Founder Sunny Trinh (seated on left) speaks at the UN Science Policy-Business Forum. C O P Y R I G H T © D E V V S T R E A M , I N C W W W . D E V V S T R E A M . C O M 21
Slide 22: Sunny Trinh | CEO
S U N N Y T R I N H | C E O S U N N Y @ D E V V S T R E A M . C O M COPYRIGHT© DEVVSTREAM, INC WWW.DEVVSTREAM.COM