1. 416 S. Bell Ave. Ames, IA 50010 888-REG-8686 www.regfuel.com

2. Copyright 2011 Renewable Energy Group ® Agenda REG Corporate Overview Leading Advanced Biofuel Feedstock Research Creating Commercialized Feedstock Partnerships Building a Diversified Intellectual Property Portfolio 2

3. Copyright 2011 Renewable Energy Group ® REG’s Platform is Flexible and Ideally Suited for Rapid Scale-Up of Feedstock, Biofuel and Chemical Companies Feedstock & Production R&D Feedstock Extraction & Refining Conversion to Fuel Fuel Sales & Marketing Fuel Distribution & Logistics Customer Service & Admin Future Procurement & Risk Mgmt Procurement & Risk Mgmt Co-Product Sales & Mgmt Current Biodiesel Specific Construction & Technology Process and Production R&D R&D relationships with alternative feedstock companies Pre-treatment Corn oil Lurgi/Desmet Ballestra REG/Crown 8 plants online or underway Continuous flow processing Sales into U.S., Canada, and overseas 2010 ~ 19% US market share 15 terminal locations >150 railcars Deepwater access Oracle/JD Edwards ERP software platform Centralized operations Expert technical support UCO Algae FFA Yeast Limited Feedstock Production (Future) 3 REG has the Ideal Platform to be the Development and Commercialization Partner for Next Generation Renewable Fuel and Chemical Companies

4. Copyright 2011 Renewable Energy Group ® Leading Advanced Biofuel Feedstock Research EPA-defined “Advanced Biofuels” include Imported sugar cane ethanol Domestically-produced cellulosic ethanol Renewable diesel Biodiesel Butanol 4

5. Copyright 2011 Renewable Energy Group ® Leading Advanced Biofuel Feedstock Research Commercialized REG feedstocks Beef tallow (including technical-grade tallow) Brown grease Canola oil Choice white grease High free fatty acid (recycled from other facilities) Inedible corn oil Poultry fat Soybean oil Used cooking oil 5

6. Copyright 2011 Renewable Energy Group ® Leading Advanced Biofuel Feedstock Research 6 Learn about all 36 feedstocks that met ASTM D 6751 B100 Quality specs online: http://www.regfuel.com/pdfs/Feedstock%20and%20Biodiesel%20Characteristics%20Report.pdf http://www.regfuel.com/pdfs/Feedstock%20and%20Biodiesel%20Characteristics%20Report.pdf

7. Copyright 2011 Renewable Energy Group ® Leading Advanced Biofuel Feedstock Research Algae 1 Algae 2 Babassu Beef Tallow Borage Camelina Canola Castor Choice White Grease Coconut Coffee Corn, Distiller’s Cuphea viscosissima Evening Primrose Fish Hemp Hepar, High IV Hepar, Low IV Jatropha Lesquerella fendleri Linseed Moringa oleifera Mustard Neem Palm Perilla Poultry Fat Rice Bran Soybean Stillingia Sunflower Tung Used Cooking Oil Yellow Grease

8. Copyright 2011 Renewable Energy Group ® Creating Commercialized Feedstock Partnerships Feedstock ownership strategy Feedstock assurance and efficient delivery Multi-feedstock strategy Need for superior process technology Flexibility to utilize all available feedstocks Allows REG to develop strategic feedstock relationships in every feedstock category Allows feedstock suppliers to direct a segment of their business into renewable energy with a strong partner Allows REG to spread feedstock risk among a large number of feedstocks and suppliers 8

9. Copyright 2011 Renewable Energy Group ® Creating Commercialized Feedstock Partnerships Internal management team approach Strategic investor: market research, advise, global approach Professional risk management service providers REG Board of Directors: Risk Management Committee Controls and oversight: Risk management policy Banking and auditing partners 9

10. Copyright 2011 Renewable Energy Group ® Diversified Intellectual Property Portfolio REG Ralston (Iowa, 12 MGY) Integrated soy crush facility Some tech beef tallow opportunities REG/Crown Iron Works technology REG Seneca (Illinois, 60 MGY) Distillation Glycerolysis, high FFA conversion Nova Biosource technology, REG now owns IP REG Danville (Illinois, 45 MGY) Designed for low FFA; high FFA added April 2009 Desmet Ballestra technology (low FFA); REG/Crown (high FFA) 10

11. Copyright 2011 Renewable Energy Group ® Diversified Intellectual Property Portfolio REG Houston (Texas, 35 MGY) Originally Lurgi technology; REG upgrades Potential new bolt-on technology w/distillation Allow utilization of lower cost higher FFA material REG New Orleans (Louisiana, 60 MGY) REG technology; under construction Potential new bolt-on technology in addition to distillation Allow utilization of lower cost higher FFA material 11

12. Copyright 2011 Renewable Energy Group ® Creating an Advanced Partnership Strategy for Development and Commercialization Due to complexity of the marketplace, we take a multi- faceted approach to business development Seek to upgrade, improve and innovate with existing technologies to manage financial risk REG strives to be the sought after advanced biofuel partner in every step of the value chain 12