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Gevo (GEVO) investor relations material

Gevo Noble Capital Markets’ Emerging Growth Virtual Equity Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Noble Capital Markets’ Emerging Growth Virtual Equity Conference summary5 Feb, 2026

Business overview and strategy

  • Focuses on converting renewable biomass into fuels and chemicals using scalable, cost-effective technology, targeting drop-in replacements for fossil fuels in transportation sectors.

  • Operates ethanol and RNG assets, capturing methane from dairy farms and CO2 from fermentation for carbon sequestration.

  • Launched Verity, a cloud-based audit trail platform for supply chain transparency, and Gevo Chem, an R&D initiative for continuous process improvement.

  • Recent leadership transition with a new CEO and expanded executive team to drive growth and innovation.

  • Acquired a 500-acre ethanol plant in North Dakota with integrated carbon capture, serving as a revenue engine and future alcohol-to-jet platform.

Financial performance and growth targets

  • Achieved $6.7 million EBITDA last quarter, targeting $40 million annualized EBITDA in the near term through operational optimization.

  • Potential to reach $110 million EBITDA by maximizing carbon sales and minor capital investments, with $20 million self-funded capex.

  • North Dakota asset generates $16-17 million quarterly EBITDA, with margins exceeding $1 per gallon of ethanol produced.

  • Plans to expand production and improve carbon intensity to further boost margins.

Technology and competitive differentiation

  • Alcohol-to-jet (ATJ) technology enables efficient conversion of ethanol to jet fuel, with over 300 patents supporting process innovation.

  • Integrated approach reduces operating costs by leveraging upstream feedstocks and co-locating processes to minimize carbon footprint.

  • Focus on energy efficiency, renewable power, and regional resource optimization (e.g., carbon capture, biogas from manure, cheap corn supply).

  • ATJ plant cost estimated at $500 million, expected to generate $150 million EBITDA annually.

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Frequently asked questions

Gevo, Inc. operates as a renewable fuels company. The company provides technologies for the cost-effective conversion of non-food, non-feed agricultural and forestry materials into isobutanol and ethanol. Its chief technology is a process for producing isobutanol from renewable, non-food sources including switchgrass and corn kernel fiber; it also produces ethanol from fermented sugarcane and sugarcane bagasse. The company offers proprietary technology, AgriCleanseTM; IsoFlexSM, consisting of isobutanol tolerant gasoline line filler hardware and gasoline specification bio-naphtha blendstock; and Bio Energia SecaTM Renewable Diesel, an isooctane, renewable diesel fuel derived from the Fischer Tropsch process that uses only natural gas as a feedstock. It also provides bio diesel in bulk and finished product through third party distributors in the United States and Europe.

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