XCF Global (SAFX) investor relations material

Executive summary

• Focused on renewable fuels, especially sustainable aviation fuel (SAF), with a nationwide facility strategy and recent ramp-up at the New Rise Reno plant, which is still under construction and not at full capacity.

• Completed major acquisitions and a business combination, resulting in a new public listing and significant changes to capital structure.

• Entered into new agreements, including a tolling agreement with BGN and a business combination agreement with Southern Energy Renewables and DevvStream.

Financial highlights

• Revenue for Q1 2026 was $348,688, with a gross loss of $312,250.

• Net loss for Q1 2026 was $17,812,415, compared to $7,467,201 in Q1 2025.

• Operating expenses increased to $10,025,257 in Q1 2026 from $5,906,285 in Q1 2025.

• Interest expense rose to $3,083,569 in Q1 2026 from $1,498,905 in Q1 2025.

• Cash and cash equivalents as of March 31, 2026, were $1,047,539, with a working capital deficit of $240.6 million.

Outlook and guidance

• Management expects continued operating losses and negative cash flows in the foreseeable future.

• Success depends on securing additional financing and ramping up SAF production to full capacity.

• The company is actively seeking new capital and evaluating refinancing options for major debt obligations.