Greenlane Renewables (GRN) Investor presentation summary

Market opportunity and industry trends

• Renewable natural gas (RNG) market is dynamic and fast-growing, with global demand projected to grow 15% annually through 2035 and even faster in Brazil at a 21% CAGR, driven by policy and industrial demand.

• Biomethane is the fastest-growing form of bioenergy, essential for decarbonizing hard-to-abate sectors and enhancing energy security.

• Brazil's biomethane demand is expected to increase sevenfold by 2035, supported by new regulations and vast agricultural resources.

Business model and product innovation

• Operates across three business areas: proprietary standard products, system integration and delivery, and parts and service.

• Proprietary product lines include Cascade LF (landfill gas upgrading), Cascade H2S (biogas desulfurization), Cascade MS (membrane separation), and Cascade H2O (water wash).

• Focus on solving industry challenges such as cost-effective H2S removal and high-performance landfill gas upgrading.

• Pipeline of advanced products targets high-demand, fast-growing markets, with new IP filings supporting innovation.

Financial performance and discipline

• Achieved 28% adjusted EBITDA in 2025 from parts, service, and proprietary products, with $44.4M revenue and $2.3M adjusted EBITDA.

• Maintains a solid cash balance ($17.7M at year-end 2025) and operates with no debt.

• Demonstrated strong positive adjusted EBITDA growth, especially in proprietary products and services, while ramping down low-margin integration contracts.