Carbon Streaming Corporation · NEO:NETZ
Carbon Streaming — Investor Presentation (July 2022)
26 slides from Carbon Streaming's investor presentation, July 2022
Slide 1: Financing a Net-Zero Future
Financing a Net-Zero Future NEO:NETZ | OTCQB:OFSTF | FSE:M2Q JULY 2022
Slide 2: Advisories
Advisories This presentation (“Presentation”) is being issued by Carbon Streaming Corporation (the “Company” or “Carbon Streaming”) for information purposes only. The content of this Presentation has not been approved by any securities regulatory authority. Reliance on this Presentation for the purp
Slide 3: Financing a Net-Zero Carbon Future
Carbon Streaming Corporation 13 H2 CY2022E FINANCING A NET-ZERO CARBON FUTURE Carbon stream Expected projects in diversified first carbon credit Unique Approach to Carbon Finance portfolio and growing deliveries CO2 First mover advantage in applying proven streaming model to participate in growing v
Slide 4: Funding the Fight Against Climate Change
Funding the Fight Against Climate Change S I G N I F I C A N T A N D I M M E D I AT E C A P I TA L N E E D E D T O A C H I E V E C L I M AT E G O A L S Annual Global GHG Emissions (GtCO2e): Significant reductions needed this decade • Climate change is “widespread, rapid and intensifying”2 55 NDCs &
Slide 5: Voluntary Markets Demand Growth Drivers
Voluntary Markets Demand Growth Drivers V A L U E C O U L D P O T E N T I A L LY G R O W T O $ 5 0 B I L L I O N I N 2 0 3 0 F R O M > $ 1 B I L L I O N I N 2 0 2 1 ! Stakeholder Pressure: Pressure from asset Voluntary Credit Demand Scenarios in 2030 and 2050* managers and stakeholders to address em
Slide 6: Voluntary Carbon Credits
Voluntary Carbon Credits Voluntary Carbon Markets by PUTTING A PRICE ON EMISSIONS Project Category* 7% Forestry & land use (52%) Carbon Credit Renewable energy (36%) also known as a carbon offset 52% Energy efficiency / Fuel switching (7%) 36% CO2 Waste disposal (1%) = CO2 Household devices (1%) One
Slide 7: Prices in the Carbon Markets
Prices in the Carbon Markets C A R B O N WA S O N E O F T H E B EST P E R FO R M I N G A S S E T C L A S S ES I N 2 0 2 1 EU ETS Compliance Market Voluntary Carbon Markets EUR / t CO2e US$ / t CO2e € 120 EUAs in 2021: +139% $20 GEO in 2021: +969% $18 N-GEO in 2021: +174% € 100 $16 REDD+ in 2021: +12
Slide 8: Higher Carbon Prices are Needed for Net Zero
Higher Carbon Prices are Needed for Net Zero S U P P LY S I D E S U G G E S T S P R I C E S N E E D T O R I S E D U E T O T H E M A R G I N A L C O S T T O D E C A R B O N I Z E Conservation Carbon Abatement Cost Curve Carbon Sequestration Cost Curve Based on current technologies and current costs,
Slide 9: Proven Streaming Model
Proven Streaming Model H I G H LY AT T R A C T I V E A N D P R O V E N M O D E L T H AT A L I G N S I N T E R E S T S Benefits to Carbon Streaming Benefits to Project Developers ✓ Not responsible for operating costs ✓ Provides upfront cash and annual or capital costs income for decades ✓ Annual yiel
Slide 10: Carbon Credit Investment Portfolio
Carbon Credit Investment Portfolio DIVERSE AND HIGH-QUALITY PORTFOLIO OF CARBON CREDIT STREAMS AND INVESTMENTS Sustainable Community Projects Biochar Carbon Removals 13 Quebec & Ontario, Canada 12 H2 2023E initial carbon credit delivery Virginia, United States 4 2023E initial carbon credit delivery
Slide 11: Rimba Raya Biodiversity Reserve Project
Rimba Raya Biodiversity Reserve Project WORLD-CLASS TRAILBLAZING PROJECT One of the world’s largest REDD+ projects Impact Beyond Carbon Reduces emissions by ~3.5 Mt CO2e per year First REDD+ project and first "triple-gold" Climate, Community and ONLY project verified under the Sustainable Biodiversi
Slide 12: Will Solutions
Will Solutions Q U E B E C A N D O N TA R I O S U S TA I N A B L E C O M M U N I T Y P R O J E C T S Quebec Project currently one of the largest projects registered with Verra in Canada Will Solutions Sustainable Community Projects Projects expected to reduce >100 Mt CO2e over next 10 years ✓ Groupe
Slide 13: Cookstoves & Water Filtration Projects
Cookstoves & Water Filtration Projects BRINGING ENERGY EFFICIENT SOLUTIONS TO MILLIONS IN AFRICA Diversified portfolio of seven energy-saving projects across five countries: Community Carbon Fund − cookstove projects in Mozambique, Uganda & Tanzania − water filtration projects in Malawi, Mozambique,
Slide 14: Biochar Carbon Removals Project
Biochar Carbon Removals Project F I RST U. S . BA S E D P ROJ EC T A N D F I RST R E M OVA L S P ROJ EC T First carbon credit stream on a carbon removals project What is Biochar? Expected to remove over 161,000 tCO2e during 25-year project life ✓ Biochar is created when biomass is heated in the CO2
Slide 15: Carbon Streaming Investment Portfolio
Carbon Streaming Investment Portfolio H I G H Q U A L I T Y R E D D + P R O J E C T S AT D I F F E R E N T S TA G E S O F D E V E L O P M E N T MarVivo Blue Carbon Project Cerrado Biome Project Bonobo Peace Forest Projects Baja California Sur, Mexico Cerrado Biome, Brazil Democratic Republic of Cong
Slide 16: Delivering Beyond Carbon
Delivering Beyond Carbon A D VA N C I N G U N S U S TA I N A B L E D E V E L O P M E N T G O A L S T H R O U G H I M PA C T I N V E S T I N G Preserving Biodiversity ✓ Protecting endangered species, such as the bonobos at the Bonobo Peace Forest ✓ Protecting marine life at MarVivo ✓ Adopting best pr
Slide 17: Robust Pipeline of Streaming Opportunities
Robust Pipeline of Streaming Opportunities S T R O N G P O S I T I O N T O E X E C U T E I N V E S T M E N T S T R AT E G Y Carbon Streaming has sourced a potential deal pipeline of over US$1.0 billion with its near-term pipeline valued at approximately US$200 million at target IRRs of 15%+ Pipeline
Slide 18: Creating A Portfolio of High-Quality Credits
Creating A Portfolio of High-Quality Credits I N D E P E N D E N T V E R I F I C AT I O N S U P P L E M E N T E D W I T H D U E D I L I G E N C E Life Cycle of a Voluntary Carbon Credit How We Ensure Credit Integrity Project Design Project design and methodology for quantifying GHG ✓ Seek project de
Slide 19: Capital Structure and Price History
Capital Structure and Price History OVER US$100M CASH WITH ZERO DEBT Capital Structure Relative Performance since NETZ:NEO Listing 250% Shares % of FD Issued Share Capital 46.8 M 57% 200% Warrants 33.2 M 41% Options 1.5 M 2% 150% Fully-diluted Share Capital 81.5 M 100% 100% 90% Market Capitalization
Slide 20: Attractive Valuation
Attractive Valuation T R A D I N G AT A S I G N I F I C A N T D I S C O U N T T O C O N S E N S U S N E T A S S E T VA L U E Consensus Price / Net Asset Value1 0.87x 0.83x 0.81x • Trading at 0.24x P/NAV1 (76% implied discount to 0.71x net asset value) • Significantly undervalued compared to energy t
Slide 21: Investment Highlights
Investment Highlights CO2 Unique Near-Term Technical & True ESG Approach to Organic Financial Impact Carbon Finance Growth Expertise Investing Near-term Catalysts ✓ H1 2022A: Portfolio diversification into biochar, cookstoves, waste diversion & energy • H2 2022E: Initial carbon credit deliveries exp
Slide 22: Appendix
Appendix
Slide 23: Experienced Leadership Team
Experienced Leadership Team EXPERTISE TO SUCCEED Management Team Board of Directors Carbon Team Extensive capital markets, streaming Extensive governance expertise Carbon market experts and corporate finance expertise Justin Cochrane, CFA Maurice Swan, JD Kristen Kleiman CEO & Director Chairman Carb
Slide 24: Key Milestones
Key Milestones RAISED ~US$140M, PUBLIC LISTING, GROWING PIPELINE Company raises US$105M in July 2021 Stock Begins Trading on the NEO Exchange (NETZ) and the Frankfurt Stock Exchange (M2Q) MarVivo Blue Cerrado Biome Biochar Carbon Sustainable Carbon Project Project Removals Project Community Projects
Slide 25: Supporting Natural Carbon Sinks
Supporting Natural Carbon Sinks P R O T E C T I N G T H E E A R T H ’ S F O R E S T S I S I M P E R AT I V E T O A C H I E V I N G N E T Z E R O Carbon Storage in United Nations Framework Convention on Climate Change Earth’s Ecosystems UNFCCC created the REDD+ (Reducing Emissions from 200 Tropical D
Slide 26: 4 King Street West, Suite 401 Toronto, Ontario Canada M5H 1B6
4 King Street West, Suite 401 Toronto, Ontario Canada M5H 1B6 Tel: 647.846.7765 Email: [email protected] NEO:NETZ | OTCQB:OFSTF | FSE:M2Q