1. AltAir Fuels CamelinaTallowBio Refining GreenJet fuel Next generation aviation biofuels

2. The Vision Science AgricultureRefining

3. H H Targeted Growth, Inc. Camelina (Sustainable Oils, LLC) Major Food CropsDedicated Industrial Crops Corn Soybean Canola Rice Algae Wheat

4. Canola Field Trials in Saskatoon July 2007 Soybean Field Trials in Chile February 2008 50%77%150% SoybeanCanola TG Ctrl Loc 1 TG Ctrl Loc 2 TG Ctrl Loc 3 TG Ctrl TG Ctrl TG Ctrl Loc 1Loc 2Loc 3 50%67%35% Yield Increase

6. Designer Fuel- Carbon Length Expression of a C16 thioesteraseExpression of a C12 thioesterase Gas Chromatography

7. The Vision Science AgricultureRefining

8. Does not compete with food 100% Drop-in replacement 84% GHG reduction vs. Jet-A *Based on results from Michigan Technological University Life Cycle Assessment (LCA) Camelina Feedstock GreenJet/Diesel Fuel GreenJet ™ Process Fuel From Camelina - Next Generation Biofuel Feedstock 8

9. Camelina Development Nursery Bozeman Montana

10. Breeding goal: Grain yield Camelina Breeding Project

11. 11 Camelina Field Trials Hundreds of field trials – 30 US States, 5 Countries”

12. The Vision Science AgricultureRefining

13. Lipid Feedstock Feed Pre-treat deCO 2 & HDO Separation Selective Hydrocrack Product Recovery Light Fuels SPK Jet Green Diesel Recycle Recycle Oil H2H2 Water, CO 2 Hydrotreatment Process First reaction removes oxygen from natural oils Produces diesel range waxy paraffins Second reaction “cracks” diesel paraffins End product is molecularly identical to aviation fuel 13 UOP Hydroprocessing / Isomerization (Ecofining™)

14. Camelina / Oilseeds / Tallow Algae Oil Separator Seed Crusher Seed Meal Revenue Co- Products Revenue Jet – A Fuel Green Diesel Car / Truck Marine Customers Commercial Aviation Customers GreenJet Process - Feedstock Agnostic 14

15. AltAir Fuels CEO – Tom Todarowww.altairfuels.com Advanced Biofuels Leadership Conference ALTAIR FUELS Next Generation Aviation Biofuels ECOFINING™ TECHNOLOGY Using Honeywell UOP’s next generation Hydroprocessing technology, AltAir Fuels has already produced and tested over 500,000 gallons of HRJ-8 jet fuel..

16. Growing pains Tom- “a whole bunch of the camelina seed blew out of the back of the trucks” “we estimate we could complete your request in 3-6 years” – Request for ruling from gov’t agency “get off my land farmer” - to camelina salesman – Farmer was holding a shotgun.

17. It is cold and snows in Montana

18. Equity Commercial Debt AltAir Fuels Project Team Customers Regulatory Site Location Feedstock U.S. Oil Flight Tested Jet Engine Partners Construction Engineering Bio-Refining Camelina Airline Customers: Poultry Tallow Algae

19. JatrophaAlgae & Jatropha Camelina, AlgaeCamelina Ms. Boeing, Seafair, Seattle WA 19 AltAir Fuels, Boeing, UOP - GreenJet fuel flight-test partners December 30 th, 2008 January 7 th, 2009 January 30 th, 2009August 2 nd, 2009November 23 rd, 2009October 13 th, 2009 Camelina Bio-refining March 22 th, 2010 Camelina

20. AltAir Fuels CamelinaAlgaeBio Refining GreenJet fuel Next generation aviation biofuels Thank You!