Commercializing Cellulosic Biorefining

Bob Walsh Chief Commercial Officer

12 October, 2012

Tomorrows Fuels & Chemicals Today

We Create High Margin and Sustainable Alternatives to Petroleum-Based Fuels and Chemicals in Use, Today.

Poplar Harvesting Boardman, OR

250K GPY Demo Facility Boardman, OR

Fuels and Chemicals

Feedstock Flexible = Globally Replicable

Co-Locate Biorefineries With Cellulosic Feedstock Supplies 2

ZeaChems C2 Product Platform

Carbon efficient 40% higher yield than other processes >90% green house gas reduction

ZeaChems C3 Product Platform

Pivot to C3 platform with a switch of organism High carbon yield, natural organism similar to C2

Multiple, Established Markets

Commercial Phase
(C2 Platform)

$1 Trillion Fuels & Chemicals Market

Development Phase
(C3 Platform)

Market Size
Alkylate / Polygas Drop-in Gasoline / Alkylate Automotive / Packaging SuperAbsorbents

Customer Refiners

$485B

Propionic Acid

Ethyl Propionate

Propanol

Propylene

Polypropylene Acrylics

$110B

Consumer Products Chemical Companies

Sugars

Acetic Anhydride VAM

Cellulosic Acetate
EVA Polyethylene

Rayon / Filters
Paint / Adhesives Packaging PET Jet / Diesel Gasoline Blending

$180B

Consumer Products Paint Companies Chemical Companies

Acetic Acid Sales

Ethyl Acetate

Ethanol

Ethylene

Ethylene glycol Linear a-olefins

$245B $60B

Airlines / DoD Refiners Refiners

Competitive Today On Base Product = Competitive On Downstream Products 5

Linking The Chain

Company History

Demonstrated Track Record Of Execution

2002 Founded

2006 Lab

2008 Pilot

2012 Demo 1st Commercial C3 Platform Rollout

Lakewood, CO Company
headquarters

Menlo Park,
CA

Golden, CO 50K GPY 10,000x scaleup of technology

Boardman, OR 250K GPY Demonstration

of integrated process at scale

Boardman, OR 25MM+ GPY Key

development milestones completed
further mitigates risk

C3 will follow

5 GPY Proved out

technology at bench scale

closely behind C2

Co-location

Successfully Developed Technology From Lab To Demo Scale & Raised 3 Rounds Of Financing 7

Demo Plant (250,000 GPY) Boardman, OR

Demo Plant (250,000 GPY) Boardman, OR

Commercializing

1st Commercial
USDA LG

LT Feedstock Agreements
Offtake Financing structure in place

Global Rollout
Products
Markets Geographies

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Thank You

Bob Walsh Chief Commercial Officer (650) 543-8129 bwalsh@zeachem.com

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