Fuels & chemicals from CO2

Fuels & chemicals from CO2

www.seeo2energy.com

We convert GHG emissions

into high value fuels

and chemicals

CAPTURED AND RECYCLED CO2

We NEED a Marketplace

for capture and utilization

technologies

Growing interest in reducing GHG emissions (CO2)

WHAT WE DO

Captured CO2

Downstream producers

Consumer Products

THE TEAM

5

Management

Board of Advisors

Viola Birss, PhD – Scientific Advisor

Adrian Corless – Former CEO, Carbon Engineering, Cleantech

Executive

Richard Adamson, MSc – CEO, Industrial Climate Solutions,

former president at CMC Research Institutes

Tony Wigglesworth, PhD – Business & Technology Advisor

Maggie Hanna – Business & Technology Advisor.

Stace Wills – New ventures Director at Innovate Calgary)

Innovate Calgary – Intellectual Property and Business Dev.

Board of Directors

Chris Goodall, PhD – Chair

| Adrian Corless | Mark Montemurro | Beatriz Molero

Sánchez | Paul Addo

Beatriz Molero Sánchez, PhD

CTO & Co-founder

Paul Addo, PhD

President/CEO & Co-founder

THE TECHNOLOGY – HIGH TEMP ELECTROLYZERS

Input Proprietary electrocatalyst

Output

Water (H2O) Hydrogen (H2)

CO2 Carbon monoxide (CO)

Water + CO2 Syngas (CO + H2)

Electricity + heat

Oxygen (O2)

Input

$ 20 B

$ 3.3 B

$ 3.4 B

$ 8.0 B

CO MARKET ESTIMATE FOR GREEN PLASTICSO

n-s

ite C

O

Mark

et

$ 0.45 billion$ 1.9 billion

On

-Sit

e C

O f

or

PP

L

Mark

et Addressable market

$ 0.45 billion.

7

HOW WE GREEN PLASTIC PRODUCTION

CONFIDENTIAL 8

On-site CO

Green Plastic

ProducersEnd Users

CO2

PARTNERSHIP OPPORTUNITIES

Captured CO2

Green Plastic ProducersConsumer Products

Novomer Hyosung Newlight GenecisTerra

VerdaeBioworks

9

COMPETITIVE LANDSCAPE

Competitor Electrolyzers

Low Temperature

Opus 12Carbon

Recycling International

High Temperature

SunfireHaldor Tapsoe

10

Captured CO2

Green Plastic ProducersConsumer Products

WHY

SEEO2 COMPETITIVE ADVANTAGES

SeeO2’s solution estimated to be

40% less expensive than trucking

and storing CO**

SeeO2’s catalyst reduces

manufacturing complexity & costLower electrical input

Simple symmetrical cell design100 % product selectivity

High performance & Stable catalyst

SEEO2 COMPETITIVE ADVANTAGES/CARBON FOOTPRINT

-1.5

-1

-0.5

0

0.5

1

1.5

Low TempElectrolyzers

Incumbent (SMR)

NET C

O2

EM

ISSIO

N (

KG

CO

2E/K

G

OF S

YN

GA

S)

Carbon footprint analysis

ACHIEVEMENTS

Start up Energy transition top 100 Start-ups of 2019

Management teams, board of directors & advisors

3rd party cost-competitive CO production & market validation

Develop benchtop prototype

IP portfolio: 3 patents (1 issued & 2 filed)

15

Synthetic Fuels Clean Chemicals

Commercial

Federal & Provincial Grants

Incubators | Accelerators

Traction

TECHNOLOGY DEVELOPMENT PLAN

16

(11-17)

(2018)

(18-19)

(2019)(2021)

Bench scale

Scale-up

Demonstration

Previous work

Commercialization

10 kg CO2/day

1-3 tons CO2/day

Modular and scalable

>100 tons CO2/day

WHO ARE OUR CUSTOMERS?

REVENUE MODEL

LICENSING SALES: CATALYSTS, CELLS, STACKS

SALES: CUSTOMIZED SYSTEMS

COMMERCIAL UNITS IN 2021

SEE THE FUTURE

✓ Field demo unit development

✓ Customer acquisition

✓ Business development

✓ Key hires

SEED capital raise: $1.5 Million

See the future: Removing CO2 from the atmosphere