Jay Werner, VP Operations, Blue Rhino Rhino Recycle Jay Werner, VP Operations, Blue Rhino

Confidential © Ferrellgas, L.P. Who is Blue Rhino? America’s #1 Brand of Propane Tank Exchange 43,000+ retail locations nationwide Just Drop, Swap, & Go! A Leading Supplier of Grills, Heaters, & Other Appliances Confidential © Ferrellgas, L.P.

Confidential © Ferrellgas, L.P. Major Retailers Confidential © Ferrellgas, L.P.

Company Owned Production & Distribution: Company Owned Distribution: Independent Production & Distribution: Independent Distribution:

Confidential © Ferrellgas, L.P. Or is it Green Rhino? We recycle millions of propane tanks. Propane is a green fuel. Confidential © Ferrellgas, L.P.

More Green: Introducing Rhino Recycle Too Many Unwanted Gas Grill Propane Tanks End Up at … Hazardous Waste Facilities Landfills Recycling Centers How Do You Reduce … The Waste? The Potential Hazards From These Tanks? Confidential © Ferrellgas, L.P.

Rhino Recycle is Your Solution! Blue Rhino Will Pick Up Unwanted Propane Tanks Renew Tanks that Do Meet Safety & Quality Standards Recycle Tanks that Do Not Meet Standards Confidential © Ferrellgas, L.P.

How Rhino Recycle Works You Collect and Store Any Propane Tank, 5-30 lbs Minimum Quantity of 36 Must Have Valve in place 4” collar & foot ring intact No excessive/flakey rust, deep scratches, or dents 2. Schedule Pick-up with Blue Rhino Call 1.888.753.7159 Email customercare@bluerhino.com 3. Watch us Drive Away Blue Rhino will pick up the tanks Pickup Receipt Provided Confidential © Ferrellgas, L.P.

If a Tank Does Meet Standards, We Renew It. Shot blast Repaint Retrofit outdated valves and components Refurbish Revalve Refill First, We Shot Blast the Tank, Retrofit Old Parts, & Repaint it. Confidential © Ferrellgas, L.P.

Next, we Refill it, Safety Test it, & Package it. Renewing Tanks Next, we Refill it, Safety Test it, & Package it. Confidential © Ferrellgas, L.P.

Then to the Store & A Grill Near You! Confidential © Ferrellgas, L.P.

If a Tank Does Not Meet Standards, We Recycle It. First, We Sort out the Bad Tanks & Remove Any Leftover Propane. Confidential © Ferrellgas, L.P.

Confidential © Ferrellgas, L.P. Recyling Tanks Then We Scrap the Valves, Punch Holes in the Tank, and Recycle the Steel. Confidential © Ferrellgas, L.P.

Confidential © Ferrellgas, L.P. Try Rhino Recycle! www.bluerhino.com 1.888.753.7159  customercare@bluerhino.com Confidential © Ferrellgas, L.P.

Non-Refillable Gas Cylinder Recycling Proposal Receptacles placed in front of retail locations next to the Blue Rhino Tank Exchange displays. Consumers would deposit their used tanks in the receptacles. No store interaction required. Blue Rhino would empty the receptacle as needed at the same time as Tank Exchange deliveries. Used tanks would be transported back to Blue Rhino plants to be drained, punctured as required, and recycled Captured gas would be reused Confidential © Ferrellgas, L.P.

Confidential © Ferrellgas, L.P.

Non-Refillable Gas Cylinder Recycling Questions Estimated number tanks per year? Acceptable tank size, material, contents? How would Blue Rhino be compensated and by whom? Who will present the program to the retailers? Who will design and pay for the receptacles? Confidential © Ferrellgas, L.P.