Gevo (GEVO) Investor update summary

Management transition and leadership

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

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

• The leadership team is highlighted for its expertise in sustainability, carbon management, and operational excellence.

Strategic vision and growth opportunities

• Focus on commercializing renewable jet fuel using low carbon ethanol, with a major opportunity in meeting the projected 2.3 billion gallon U.S. jet fuel shortfall by 2035.

• Project Northstar (ATJ30) aims to build a 30 million gallon alcohol-to-jet plant, with ongoing efforts to secure Department of Energy (DOE) financing.

• The company is developing a scalable, modular business model to replicate plants domestically and internationally.

Financial performance and operational updates

• Achieved positive adjusted EBITDA for the first time, with revenue growth from $20 million to an expected $150–$200 million annually.

• Monetization of tax credits and carbon sales, including a $26 million multi-year deal with Biorecro, are key drivers.

• Debottlenecking efforts at the North Dakota plant aim to increase capacity to 75 million gallons, further boosting EBITDA.