Gevo, Inc.

Gevo, Inc. (Nasdaq: GEVO), a Delaware corporation founded in 2005, is a growth-oriented company focused on difficult-to-decarbonize market sectors. These include jet fuel, certain specialty fuels, on-road fuels, chemicals and materials, and food chain products like protein and feeds, which are co-products of its processes. Gevo produces and sells competitively priced, renewable, drop-in products for these sectors, which all require carbon-based products and are not suitable for full electrification or hydrogen. The company also generates carbon abatement value through its plant design and business systems. This value can be monetized through direct sales of certified carbon credits, Renewable Identification Numbers ("RINs"), state-level clean fuel credits, federal tax credits under the Inflation Reduction Act ("IRA"), Canada's Clean Fuel Regulations ("CFR"), state clean fuel regulations, and the value attributed to reduced Scope 3 greenhouse gas ("GHG") emissions by end customers, especially for fuel products. Gevo owns operating assets that generate cash flow. Its primary market focus is carbon-abated hydrocarbon fuels, particularly jet fuel, which it believes is most economically viable when produced from an Alcohol-to-Jet ("ATJ") process. The company also has commercial opportunities for other renewable hydrocarbon products such as renewable natural gas ("RNG"), hydrocarbons for gasoline and racing fuel blendstocks and diesel fuel, and chemical ingredients like ethylene and butenes for plastics and materials.