Green Plains, Inc. · NASDAQ:GPRE
Green Plains — BMO Capital Markets Global Farm to Market Conference 2024
20 slides from Green Plains's conference presentation, May 15, 2024
Slide 1: Investor Presentation May 2024
Investor Presentation May 2024
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes forward-looking statements that reflect management’s current views of company performance, industry conditions and future economic environment. These statements are based on assumptions and various factors that are subject to risks and uncertaint
Slide 3: Green Plains – A Technology Driven Producer of Low Carbon Ingredients
Green Plains – A Technology Driven Producer of Low Carbon Ingredients Operational Areas Produces ~900MM gallons of ethanol annually across 10 biorefineries Produces ~2MM of equivalent dried tons of distillers grain annually Ethanol Production Originates more than 300MM bushels of corn annually throu
Slide 4: We are transforming our assets for a low-carbon future
We are transforming our assets for a low-carbon future UNDER OUR GREEN PLAINS 2.0 TRANSFORMATION, WE ARE: Executing across four strategic areas of growth — value-added ingredients, renewable corn oil, clean sugar and carbon capture — to achieve our long– term goals and lead the way to a low- carbon
Slide 5: Transformation in Biofuels is Happening Today
Transformation in Biofuels is Happening Today • Technologies, such as those provided by Fluid Quip Technologies, are driving the transition to a biocampus model • Low-carbon intensity proteins • Low-carbon intensity renewable corn oil • Low-carbon intensity dextrose syrups • Low-carbon intensity bio
Slide 6: MSC Technology Can Significantly Reduce Volatility While Increasing Margins
MSC Technology Can Significantly Reduce Volatility While Increasing Margins Biorefinery economics see significant improvement through deployment of MSC technology • Five Green Plains locations operating MSC technology today o Increases yields of renewable corn oil – the most valuable component of co
Slide 7: Taking Advantage of the Unique Drivers in Renewable Corn Oil
Taking Advantage of the Unique Drivers in Renewable Corn Oil Average CI Pathways for Biodiesel and • MSC technology delivers a sustainable structural Renewable Diesel Feedstock 1 advantage by increasing renewable corn oil yields up Soybean Oil 55 to 50% Canola Oil 54 • Renewable corn oil is an advan
Slide 8: Clean Sugar Technology is a Disrupter to Traditional Dextrose Supply Sources
Clean Sugar Technology is a Disrupter World’s first commercial-scale Clean Sugar to Traditional Dextrose Supply Sources Technology facility is mechanically complete CST – the reason we bought FQT – has the ability to upend traditional ethanol economics and increase margins on converted capacity sign
Slide 9: Clean Sugar Technology Opportunities
Clean Sugar Technology Opportunities Disruptive Ag Technology Fueling the Growth of Bioproducts with Low Carbon Intensity Dextrose Green 2,5 3-HPA solvents • FQT’s proven, commercialized technology transforms Green Plains from Industrial FDCA/ PEF Enzymes a Gen 1 ethanol producer to an integrated bi
Slide 10: Carbon Capture, Utilization and Storage is the single largest opportunity for CI reduction
Carbon Capture, Utilization and Storage (CCUS) is the single largest opportunity for CI reduction • Our biorefineries generate a pure stream of biogenic CO 2 emissions from fermentation that we plan to capture • CCUS reduces the carbon footprint of each biorefinery by ~50% or ~29 CI points positioni
Slide 11: Advantage Nebraska approach to Decarbonization
Our Advantage Nebraska approach to Decarbonization is Providing First Mover Opportunities • Our existing platform represents ~2.6 million tons of biogenic carbon capture opportunities, with ~ 65% from plants committed to existing projects • Nebraska plants anticipated to begin sequestering in second
Slide 12: Opportunities For Green Plains Under Inflation Reduction Act
Opportunities For Green Plains Under Inflation Reduction Act • Biodiesel tax credit Extended $1.00/gal blender credit through 2024 and ensures continued growth of biodiesel and renewable diesel industries, demand for renewable corn oil • Advanced biofuels credit $1.00/gallon for cellulosic ethanol,
Slide 13: New GREET Model for 40B SAF Provides Path for Soy and Corn
New GREET Model for 40B SAF Provides Path for Soy and Corn (With CCS) • Treasury released guidance for the 40B SAF tax credit on April 30, 2024 • GREET approved as an alternative life cycle assessment model to CORSIA • Indirect Land Use Change penalties for corn and soy were lowered • Climate Smart
Slide 14: Maintaining our Commitment to Sustainability
Maintaining our Commitment to Sustainability • Released 4th Annual Sustainability Report in April 2024 • 28% reduction in operational greenhouse gas emissions from 2018 baseline • Achieved Food Safety Certification 22000 for Maximized Stillage Co-products processes at two biorefineries • Achieved a
Slide 15: Our Assets Are Able to Achieve Carbon Neutrality and Beyond
Our Assets Are Able to Achieve Carbon Neutrality and Beyond… Every point of Carbon Intensity (CI) reduction now has a definitive value Breakdown of 60 CI Ethanol and Carbon Reduction Strategy • CCUS and Climate Smart Ag practices represent the lion’s share of CI reduction potential • Once under the
Slide 16: Developing SAF Technology Using Ethanol as Feedstock
Developing SAF Technology Using Ethanol as Feedstock Green Plains, Tallgrass, and United will invest up to a combined $50 million in the joint venture – Blue Blade Energy – to develop the technology Joint Venture – Blue Blade Energy Game-changing Impact Unique Industry Expertise Transformation • Tra
Slide 17: Why Green Plains?
Why Green Plains? Five locations with MSC technology producing high value animal nutrition driving higher margins with a flexible portfolio of ingredients World’s first Clean Sugar Technology facility commissioning providing a game-changing opportunity to supply up to 40% lower-CI dextrose corn syru
Slide 18: Appendix
Appendix GREEN PLAINS INC. Option 1
Slide 19: Reference Units - Operational Metrics
Reference Units - Operational Metrics Purchase / Sale GPRE 2.0 Annual Products GP 1.0 (per bushel) GP 2.0 (per bushel) GP 2.0 (per gallon) Transaction Units Production Capacity * Corn Bushels 56 pounds per bushel 56 pounds per bushel 19.3 pounds per gallon 311 million bushels Ethanol Gallons 2.9 gal
Slide 20: Thank you
Thank you gpreinc.com 20 GREEN PLAINS INC.
Green Plains — BMO Capital Markets Global Farm to Market Conference 2024 on 6ix