EverGen Infrastructure (EVGN) Corporate presentation summary

Strategic positioning and growth outlook

• Focus on optimizing core assets and building a disciplined renewable natural gas (RNG) infrastructure platform to support growing North American energy demand.

• Recent transactions have resulted in an aligned shareholder base, refreshed board and management, and increased balance sheet flexibility through primarily non-recourse, asset-level financing.

• Near-term and medium-term growth targets include increasing annualized RNG production from 200,000 GJ to 330,000 GJ, with a long-term goal of 500,000+ GJ.

• High-quality assets, long-dated municipal feedstock and utility offtake contracts, and visible EBITDA growth underpin the investment case.

• Federal and provincial low-carbon fuel mandates and favorable policy tailwinds support expansion and valuation.

Asset portfolio and operations

• Core operating assets include Fraser Valley Biogas, Pacific Coast Renewables, GrowTEC, and Sea to Sky Soils, with a combined 190,000 tonnes per annum organics processing capacity and 230,000 GJ per annum RNG production.

• Project pipeline features two planned RNG expansions at core assets and three large-scale greenfield RNG projects.

• Fraser Valley Biogas delivers 160,000 GJ RNG/year with a 20-year FortisBC offtake agreement; GrowTEC produces 70,000 GJ RNG/year and has received $2M from the Agriculture Clean Technology Fund.

• Pacific Coast Renewables is planning a 90-100,000 GJ RNG expansion, supported by a $10.5M Clean Fuels Fund award.

• Sea to Sky Soils processes 25,000 tonnes of organic waste annually, with a permit application to increase throughput.

Financials and shareholder structure

• Market capitalization of C$10.2M as of May 26, 2026, with C$2.8M in cash and C$17.3M in primarily asset-level debt.

• Shareholder composition: 41% board and management, 31% pensions/institutional/family offices, 28% retail and high-net-worth.

• Median analyst target price of $2.00, representing a 390% return to target.

• Asset-level financing strategy protects the balance sheet and supports capital-efficient expansion.