Greenlane Renewables Inc. · TSX:GRN
Greenlane Renewables — Q2 2025 Earnings Presentation
21 slides from Greenlane Renewables's earnings presentation, Aug 14, 2025
Slide 1: Accelerating the energy transition
Accelerating the energy transition INVESTOR PRESENTATION August 2025 TSX: GRN / FSE: 52G / OTC: GRNWF TSX: GRN | FSE: 52G | OTC: GRNWF
Slide 2: Important Disclosures
Important Disclosures Available Information Forward-Looking Statements Specified Financial Measures Greenlane Renewables Inc. (the “Company”) is a public (continued) Management evaluates the Company’s performance using a company which is traded on the TSX (TSX: GRN), with its • the Company is accele
Slide 3: Change Creates New Opportunities
Change Creates New Opportunities At a time when new solutions are urgently needed, Greenlane is accelerating the energy transition. As a pioneer and leading technology provider in biogas desulfurization and upgrading, the systems we supply transform biogas generated from organic waste into high- val
Slide 4: Investor Highlights
Investor Highlights 15% 355 $0 annual growth systems in RNG industry We are advancing We are a pioneering the state-of-the-art volumes globally No debt global player; the of technology in the over the next We have supplied first to supply industry, including 3 decade based on more than 355 biogas bi
Slide 5: Our Business Segments
Our Business Segments Solid foundation for growth Revenue Contribution Gross Margin Contribution by Segment By Segment 2% 4% FY 2024 Results 15% Total of Total of $16.3 million 31% $51.8 million or 32% of revenue 83% 65% System Sales System Sales Parts and Service Parts and Service Royalties Royalti
Slide 6: RNG is High Value because it is Low Carbon
RNG is High Value because it is Low Carbon Essential tool for the most difficult to decarbonize sectors Utilities Transportation Industry RNG RNG RNG allows gas utilities to is an established low helps manufacturers reduce the carbon carbon substitute for meet their intensity of the energy diesel fu
Slide 7: TSX: GRN | FSE: 52G | OTC: GRNWF
7 TSX: GRN | FSE: 52G | OTC: GRNWF
Slide 8: Biomethane Fastest Growing Form of Bioenergy to 2035
Biomethane Fastest Growing Form of Bioenergy to 2035 Projected to grow at 15% per year globally over the next decade (STEPS) Feedstock supply in Europe is increasingly dominated by agricultural residues (anaerobic digestion). RNG, referred to as biomethane in Europe, has seen Global demand for bioga
Slide 9: Brazil Biomethane Demand to Increase 7X by 2035
Brazil Biomethane Demand to Increase 7X by 2035 Awakening the green giant Considering Brazil's vast agricultural sector, the country has significant biomethane production potential. Most of its biogas production comes from landfills, but there is also potential from vinasse, a by-product from ethano
Slide 10: Our System Sales Product Lines
Our System Sales Product Lines Standard products configured to order Cascade LF Cascade H2S Next Generation Landfill Biogas Desulfurization: Gas Upgrading: higher low-cost, reliable and performance, lower cost regenerative H2S removal Cascade MS Cascade H20 Membrane Separation: Water Wash: Upgrading
Slide 11: Our Parts and Service Business
Our Parts and Service Business Growing recurring revenue by adding value to an increasing customer base With more than 355 systems supplied into 28 countries, we have a large and growing pool of customer support opportunities. We offer comprehensive maintenance contracts at tiered levels of support
Slide 12: Our Royalty Revenue Opportunity
Our Royalty Revenue Opportunity Brazil - world’s largest sugarcane producer More than 400 sugar mills, mainly in the States of São Paulo, Minas Gerais and Paraná (far from the Amazon) Sugarcane derived ethanol produces vast quantities of vinasse, a liquid by-product and untapped feedstock for biomet
Slide 13: Our 2025 Strategy – Key Success Criteria
Our 2025 Strategy – Key Success Criteria As a product company in our industry, we must deliver on 4 key success criteria 1. Price and Performance 2. Manufacturing Deliver attractive return-on-investment results to Control manufacturing to manage costs and have our customers with the best combination
Slide 14: The Most Challenging Problems that Need Solving
The Most Challenging Problems that Need Solving Fundamental differences between AD Biogas and Landfill Gas Industry benchmark Methane Recovery is 99.5% with competitive systems Industry benchmark Methane Recovery can be 80% or up to 95% but at a cost that remove CO2. The challenging industry problem
Slide 15: Our 2025 Strategy – Strategic Initiatives
Our 2025 Strategy – Strategic Initiatives Underpinned by financial discipline and adjusted EBITDA improvement 1 2 3 Continue sales growth in Improve profitability of our Develop Compelling Next the most profitable core upgrading systems Generation Cascade LF segments of our business segment Product
Slide 16: Financials – To June 30, 2025
Three Six Financials – To June 30, 2025 Period Ended June 30, 2025 months months Relentless focus on improving Adjusted EBITDA Revenue(3) $15.1M $22.1 Gross Margin(1,2,3) 49% 46% Adjusted EBITDA $3.4M Adjusted EBITDA(2,3) $3.4M $2.3M Adj EBITDA as % Revenue 23% 11% Sales Order Backlog(2) $26.3M Cash
Slide 17: Financials – To June 30, 2025
Financials – To June 30, 2025 Relentless focus on maintaining healthy cash reserves Ending Cash Position (1) $16.2M $16.2M $16.6M $15.4M No debt, other than payables; and off- balance sheet arrangements including $9.0M advance payment / performance $7.2M bonding and standby letters of credit resulti
Slide 18: Capital Structure
Capital Structure As at June 30, 2025title Column title Common Shares Issued and Outstanding 156,943,784 Options 7,289,762 Restricted Share Units 4,762,032 Performance restricted share units 175,000 Fully Diluted Shares 169,170,578 Insider Ownership ~9% Market Capitalization (August 2025) ~$16 milli
Slide 19: Senior Management: Strong Track Record
Senior Management: Strong Track Record Brad Douville Stephanie Mason H. Maura Lendon CEO CFO COO Joined as President in 2017 then became CEO Stephanie is a financial professional with over 15 Maura is an accomplished executive with more in 2019 when the Company commenced years of experience. Stephan
Slide 20: Investor Highlights
Investor Highlights The global RNG market in which Greenlane participates is dynamic and fast growing at 15% annual growth over the next decade. In Brazil, a market where demand is expected to increase sevenfold by 2035, Greenlane is the market leader. RNG is a high-value essential tool for the most
Slide 21: Thank you
Thank you For more information: Incite Capital Markets Darren Seed / Clayton Paradis 604.493.2004 IR@greenlanerenewables.com TSX: GRN | FSE: 52G | OTC: GRNWF 21 July 3, 2023