Gevo (GEVO) Investor update summary

Management transition and leadership outlook

• CEO transition from Patrick Gruber to Paul Bloom, with Gruber remaining as Executive Chair to support the team.

• Paul Bloom brings extensive experience in bio-based technology, commercialization, and carbon business development.

• The leadership team is focused on operational excellence, sustainability, and expanding the carbon business.

• The transition is described as long-planned, with a strong foundation and team in place.

Strategic growth initiatives and operational progress

• Focus on driving profitability and positive adjusted EBITDA at Gevo North Dakota, leveraging tax credits and carbon monetization.

• Project Northstar (ATJ30) aims to build a 30 million gallon alcohol-to-jet plant, with ongoing financing discussions with the DOE.

• Debottlenecking efforts at the Richardton plant are underway to increase capacity and efficiency, targeting up to 75 million gallons.

• The company is optimizing existing assets and exploring expansion through additional acquisitions and technology deployment.

Carbon business and technology platform

• Monetizing carbon through both fuel markets and carbon dioxide removal credits, including a $26 million deal with Biorecro.

• Carbon capture and sequestration at Gevo North Dakota provides opportunities for internal use and third-party partnerships.

• The Verity platform enables full traceability from field to final product, supporting sustainability claims and customer requirements.

• New patents, such as ethanol-to-olefins, are expected to reduce capital and operating costs by up to 35%.