HOMELAND ENERGY SOLUTIONS 2012 Year in Review Walter Wendland, CEO

HISTORIC U.S. FUEL ETHANOL PRODUCTION

Expect 2009 biodiesel volume to be shifted to 2010

Source: FAS *2012 estimated by RFA using Jan.-Oct. data

HOMELAND ENERGY SOLUTIONS 2012 Financial Overview Dave Finke, CFO

HOMELAND ENERGY SOLUTIONS12/31/1212/31/1112/31/1012/31/09 Current Assets$ 17,402,396$ 23,319,876$ 30,920,597$ 19,811,778 P, P & E (Net)121,150,465131,218,450138,906,631149,107,152 Other Assets3,294,3072,971,7812,847,83313,600,758 Total Assets141,847,168157,510,107172,675,061182,519,688 Current Liabilities11,204,75816,571,19227,089,84112,652,511 Long-Term Debt1,268,793246,48833,101,40662,263,911 Members’ Equity129,373,617140,692,427112,483,814107,603,266 Book Value Per Unit$1,430$1,556$1,230$1,177

Income Statement Summary HOMELAND ENERGY SOLUTIONS Revenue$359,242,777$419,312,560$254,480,111$161,855,910 Gross Profit3,178,04140,146,48715,168,88519,636,912 Operating Income419,14337,382,11812,970,57117,008,450 Net Income494,76536,353,76811,030,80915,640,375 Net Income/unit$5.47$401.94$120.63$ Distributions/unit$133.00$79.00$68.00$ - Taxable Income/unit$-$139.27$ -

Financial Ratios & Figures HOMELAND ENERGY SOLUTIONS Return on Assets0.35%23%6%9% Return on Equity0.38%26%10%16% Return on Investment0.55%41%12%17% Gallons Sold128.8 M137.6 M126.7 M82.3 M Income per Gallon$0.004$0.264$0.087$0.189 Bushels Ground44.1 M48.3 M45.2 M30 M Income per Bushel$0.011$0.753$0.244$0.521 DDGs Sold 335,946 tons 392,245 tons370,010 tons235,000 tons Corn Oil Sold (in lbs)30.3 M5.8 M

Economic Impact HOMELAND ENERGY SOLUTIONS Since April 2009 Ethanol Revenues$975 Million DDG Revenues$205 Million Corn Oil Revenues$14 Million Payments for Corn$897.7 Million Wages & Benefits$11.4 Million Misc Vendor Payments$110.4 Million Distributions to Members$25,324,600.00

Production Update 2012 Calendar Year Kevin Howes, Plant Manager HOMELAND ENERGY SOLUTIONS

TODAY is the 4 year anniversary since we ground our first bushel of corn! In that time…… Produced over 510,000,000 gallons of Denatured Ethanol Produced over 1,354,000 tons of DDGS Produced over 44,000,000 lbs of Distillers Corn Oil Ground over 178,000,000 bushels of corn HOMELAND ENERGY SOLUTIONS

Freedom to Operate (EH&S) 0 Recordable Injuries, 0 Lost Time Accidents 2012 Surpassed 1000 days without a recordable injury 2012 Industry Average Incident rate = 1.7 based on HES hours worked NEVER experienced a Lost Time accident at HES 0 NOVs received in Reportable Spills in 2012 Recognition Ranked 5 th within the ERI 65+ member plant group in 2012 Received ERI’s Award of Merit: top 25% of member plant past 2 years Canadian Pacific Railroad Chemical Shipper Safety Award 3 nd year in a row IISC Gold Safety Award 2 nd year in a row – TIR 25% of Industry Average HOMELAND ENERGY SOLUTIONS

Thank You for your investment and the opportunity to lead one of the best teams in the industry!!! HOMELAND ENERGY SOLUTIONS

2012 Marketing Report Stan Wubbena, Commodity Manager

THANK YOU TO EVERYONE INVOLVED IN SELLING, HAULING, GROWING THE CORN FOR OUR PLANT EVERYTHING WE DO AT HOMELAND STARTS WITH THE CORN OVER 180 MYN BUSHELS DUMPED SINCE WE BEGAN MARCH 24, 2009 In ,204,506 bushels were received

Unit Train Destinations Sewaren, NJ Charlotte, NC Albany, NY Linden, NJ Lawrenceville, GA Providence, RI Chesapeake, VA Bridgeport, NJ Denton, NC Doraville, GA