EverGen Infrastructure (EVGN) Corporate Presentation summary

Financial highlights and recent transactions

• Closed a $5 million private placement with a new strategic shareholder, with an additional tranche of up to $2 million available for other investors.

• Shares outstanding increased from ~14.0m in Q1 2025 to ~22.5m in Q2 2025, with market cap rising to ~$9.7m.

• Working capital improved from -$1.9m to $1.5m, and cash position rose to $5.3m, while debt slightly decreased to $17.9m.

• Board and management ownership increased significantly to ~42%.

• Median analyst target price is $2.00, implying a potential return of ~350%.

Leadership and alignment

• New board and management team with strong alignment, collectively owning ~42% of shares.

• Leadership team brings deep expertise in energy, infrastructure, M&A, and finance.

• Key executives have backgrounds in major financial institutions and energy companies.

Business model and operations

• Operates four core assets with 190,000 tonnes/year organics processing and 230,000 GJ/year RNG production capacity.

• Generates revenue from RNG sales, contracted tipping fees, carbon credits, and soil sales.

• Long-term offtake agreements in place, with the ability to contract up to $45/GJ in Canada and $60/GJ in the US.

• Expansion potential includes brownfield upgrades and greenfield projects.