M a d e b y N a t u r e , R e f i n e d b y Z e a C h e m

ZeaChem OverviewApril 2016

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Tim Eggeman, PhDChief Executive Officer and Founder

Joe RegneryChief Commercial Officer

Tim has guided the Company’s development since its inception. In addition to his duties as CEO, he has successfully led the Company’s collaborations with government R&D programs and currently serves as the Principal Investigator for a $31.25MM cooperative agreement between ZeaChem and US DOE. Prior to founding ZeaChem, Tim was an independent consultant in the biofuels industry serving the National Renewable Energy Laboratory and a number of industrial clients. He was Process Development Manager at Chronopol, a unit of the Coors Brewing Company, where he led a group that developed manufacturing technology for biodegradable plastics based on polylactic acid. He was also a Process Design Engineer with Burns & McDonnell, where he worked on projects in the pharmaceutical, specialty chemical, corn wet milling, corn dry milling, and petroleum industries. Tim has numerous patents, a Ph.D. and M.S. in Chemical Engineering from the University of Kansas, and a B.S. in Chemical Engineering from University of Illinois. He is a licensed Professional Engineer in the state of CO.

Joe has twenty years of experience providing business, legal and regulatory guidance to the traditional, alternative, and renewable energy sectors. Prior to joining ZeaChem in 2010, Joe was President of Sulde Ridge Investments where he provided business and project development services to entrepreneurial enterprises in the renewable alternative energy sectors. Joe has served as Director of Project Development for both Great Point Energy and Rentech, leading efforts to commercialize their synthetic natural gas and Fischer Tropsch technologies. Joe has also served as Regional Counsel at Calpine Corporation and Contracts Manager for Siemens and Westinghouse. Joe holds a BS in Economics and Political Science from the University of Wisconsin and he received his Juris Doctor from Case Western School of Law.

Pete WilhelmPlant Manager

David GrossVice President of AccountingCorporate Controller

Pete is an experienced manufacturing leader having spent 25 years in the manufacturing, construction, and engineering fields. Prior to ZeaChem, Pete was a Corporate Project Manager and Plant Manager with Cascades Tissue Group where he executed the successful turn-around of a failing tissue manufacturing operation. He worked with Boise Cascade in two different paper mills and eight corrugated container facilities over a seventeen-year career serving in various production capacities rising to the position of Production Manager before moving to corporate position as Manufacturing Services Manager of packaging operations. He holds a Bachelor’s Degree in Mechanical Engineering from the University of Idaho and Master’s Degree in Business Administration from the University of Oregon.

David has over 20 years of experience as a financial executive working for early stage and middle market companies. When he joined ZeaChem in 2011 he redesigned the company’s financial reporting system to be compliant with U.S. Federal Acquisition Regulations. He is responsible for ZeaChem’s ongoing financial reporting and forecasting, tax compliance, and coordinating financial statement and internal control audits. Prior to ZeaChem David worked for 8 years as CFO and Controller for RGL Forensics, an international professional services firm. Prior to that he worked for two early stage software companies as Controller and as CFO. David began his career in public accounting, having worked for Coopers & Lybrand and Hein & Associates. David is a licensed CPA in the State of Colorado. He holds a Bachelor’s Degree in Political Science from the University of Michigan and a Masters of Business Administration Degree from New York University.

Russ MurraySenior Engineer

Mike GoodwinPlant Engineer

Russ has over 40 years of experience in the energy industry with a focus on plant operations and maintenance. Most recently Russ was Manager of Engineering and Maintenance at Sinclair’s Sinclair Wyoming Refinery where he was involved in the design and implementation two major expansion projects. Prior to that, Russ was Vice President and Refinery Manager at Paramount’s Southern California Refinery. Before joining Paramount, Russ worked for UOP’s Management Services Division assigned to Saudi Aramco’s Refinery near Riyadh, Saudi Arabia. There Russ initially was Manager of Operations and later was assigned as the Manager of Maintenance and Materials. Russ started his career with Gulf Oil Corporation working in Canada and Japan. Russ has a BS in Chemical Engineering from Queen’s University at Kingston.

Mike’s broad experience in the biorefining and pulp and paper industries will ensure that ZeaChem’s project will be managed to strict technical, cost and schedule standards. For the past three years he has been the chief technical resource at ZeaChem’s demonstration plant, managing maintenance and upgrading operations. Prior to that he served in similar roles in the pulp and paper sector, managing maintenance and engineering. In seventeen years with Boise Cascade (now PCA) in Wallula, WA, he managed a wide array of projects and later managed the mechanical maintenance department. As such he was responsible for maintenance planning and engineering, equipment reliability, and preventive/predictive maintenance, as well as the maintenance budget and safety performance. Along the way, he managed the largest turnaround the mill had incurred in several decades. Mike has a BS in Mechanical Engineering from Washington State University in Pullman, WA, and a Masters of Engineering Management from Washington State University in Richland, WA

Company History & Management Team

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Lab2006

Pilot2008 2013

Demo Plant Commercial2017

Bench Scale

Menlo Park, CA

10,000x Scale-up

Golden, CO

10 TPD (Wood Biomass)

Boardman, OR

532 TPD (Beet Biomass)

Boardman, OR

Flexible Biorefinery Design

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FermentationBiomass Enzymatic Hydrolysis

Pretreatment Recovery Esterification Hydrogenolysis

Distillation

Sugars

Amino Acids

Esters

Alcohols

Organic AcidsAcetates

Acetic Acid

Propionic Acid

Salable products

ZeaChem Proprietary C2 & C3 Platform

1st Commercial Project - Boardman, Oregon

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Liquid Loading Dock

Columbia River

Pacific Ethanol

ZeaChem Boardman Biorefinery(Site of existing plant and planned upgrades)

PGENatural Gas CC Power & Steam Plant

Bulk Loading Dock

Dodge ChipInterstate 84

Union Pacific Rail Line

Sunheaven/Munn Farms(~50 Miles by I-84)

Frederickson Farming(Adjacent to ZBB Site)

Existing Pacific Ethanol Pipeline

New Sugar/Beer Pipeline from ZBB to Pacific Ethanol

ZeaChem Technology Institute10 Ton Per Day Demonstration Facility

Available for Internal and 3rd Party Use

Sugars ► Chemicals[Fermentation][Esterification]

Chemicals ► Ethanol[Hydrogenation]

Biomass ► Sugars[Hydrolysis]

Product Storage & Off Take

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Hydrolysis

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Fermentation

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Organic Acid Purification & Esterification

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Hydrogenation

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Artist Rendition of Commercial Expansion

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1st Commercial Project – Boardman, Oregon

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Frederickson Farming LLC

M a d e b y N a t u r e , R e f i n e d b y Z e a C h e m

Thank You!

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ZeaChem