1. Biofuels 2.0 Sustainable Startups Jack Oswald, CEO SynGest Inc.

2. Putting the Power of Nature to Work BioAmmonia TM from Biomass America’s Strategic Fuel and Fertilizer The Intersection of Energy and Agriculture

3. Commercialization Of a Private R&D Lab

4. Sustainability Compatibility Unique Proposition Competition Market Alternatives / Growth Soil Health

5. Anhydrous Ammonia NH 3

6. 3000 Miles Existing Infrastructure U.S. Pipeline Network Storage / Distribution

7. Sustainability Compatibility Unique Proposition Competition Market Alternatives / Growth Soil Health

8. Volatile Pricing Frequent Supply Disruption >50% is Imported Made from Fossil Fuels Expensive The Problem with Anhydrous Ammonia/Nitrogen

9. U.S. Ammonia Imports Nitrogen Fertilizer – Imports Are Growing

10.  Construction Phase  360 construction workers at site  Budget of about $130 million  Operations Phase  40 full time direct employees (avg. $50,000 salary)  Budget of about $2 million per year  Feedstock Supply - Annually  130,000 tons of biomass (corn cobs)  Budget of about $7 million  Total Economic Impact Over 20 Years - ~$300 million Job Creation / New Farm Income

11.  Increases competitiveness of two of the state’s largest industries  Nitrogen is Critical to the state’s economy  Strategic Risk - Most nitrogen fertilizer imported today  Prevents Future Supply Disruption  Lowers and stabilizes input prices  Economic Opportunities  Wave of Construction and permanent jobs  Permanent new farm income  Low carbon crops = Lowest carbon fuels  First of up to 20 Identical Facilities Just Within Iowa Strategic Investment for Ag States

12. Sustainability Compatibility Unique Proposition Competition Market Alternatives / Growth Soil Health

13. 5 companies control 75% of capacity  Agrium Inc.  Terra Industries Inc.  CF Industries Inc.  Koch Industries Company  PotashCorp Oligopolies Are Bad for Farmers Ammonia Industry Consolidation

14. Sustainability Compatibility Unique Proposition Competition Market Alternatives / Growth Soil Health

15. Visit Meeting (In-person preferred) Phone call

16. Anhydrous Anhydrous Ammonia

17. 20 Questions “What’s a guy from San Francisco doing out here?

18. Vegetable “Vegetables, it’s what food eats…”

19. PETA “People Eating Tasty Animals”

20. Sustainability Compatibility Unique Proposition Competition Market Alternatives / Growth Soil Health

21. Syngas/BioSyngas Applications with water gas shift H 2 /CO = <1 DIMETHYLETHER (DME) H 2 /CO = 1 H 2 /CO = 2.25 H 2 /CO = >50 H 2 /CO = >2 H 2 /CO = >50  H 2 /CO = 1.25 HarvestGas TM FISCHER TROPSCH MIXED ALCOHOLS ETHANOL (FERMENTATION) METHANOL H2 FOR FUEL CELLS FISCHER TROPSCH DIESEL PSA/99.99 H2 FOR AMMONIA biomass to syngas natural ratio H 2 /CO = 1 BUTANOL ETHANOL H 2 /CO = 2.25 1 3 2

22. Mini BioRefinery Complex Maximizing Food, Fertilizer and Fuel Production from Every Acre Fermentation Gasification Fuel Food Protein Food Grade Oil Fertilizer Biomass Gasification Anhydrous Ammonia and Carbon Sequesterin g BioChar Carbon- Negative Fertilizer Corn Crop CornBiomass Food Fuels Fertilizer Fuels

23. SynGest Project Cornucopia Where Energy and Agriculture Meet – “The Three F’s: Food, Fertilizer and Fuel” YELLOW DENT #2 CORN FOOD GRADE CORN OIL DRY FRACTIONATION GERM OPROTEX EXTRACTION TECHNOLOGY HIGH PROTEIN FEED OPTINOL ENDOSPERM ENZYMATIC SACCHARIFICATION BRAN HARVEST GAS GASIFIER WATER GAS SHIFT & PRESSURE SWING ADSORPTION PURE H 2 NH 3 SYNTHESIS ANHYDROUS AMMONIA FERTILIZER N 2 AIR SEPARATION UNIT GRINDING FERMENTATION EXTRACTIVE SEPARATION Bio BUTANOL DRY STILLAGE (Riboflavin Rich) CO 2 /H 2

24. Challenges Unique Proposition Raising Capital Lack of Experience - “He’s a software guy?” Feedstock Supply Politics

26. Thank you