Carbon Streaming Corporation · NEO:NETZ
Carbon Streaming — Investor Presentation (November 2022)
30 slides from Carbon Streaming's investor presentation, Nov 10, 2022
Slide 1: Accelerating a Net-Zero Future
Accelerating a Net-Zero Future NEO:NETZ | OTCQB:OFSTF | FSE:M2Q NOVEMBER 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: Carbon Streaming Corporation
Carbon Streaming Corporation 21 10+ A C C E L E R AT I N G A N E T - Z E R O F U T U R E Carbon stream & royalty Carbon stream projects projects in diversified expected to issue Unique Approach to Climate Action portfolio and growing credits in 2023E CO2 Successfully applying proven streaming model
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 $ 2 B I L L I O N I N 2 0 2 1 1 ! Stakeholder Pressure: Pressure from asset Voluntary Credit Demand Scenarios in 2030 and 20501 managers and stakeholders to address em
Slide 6: Voluntary Carbon Credits
Voluntary Carbon Credits Voluntary Carbon Markets by PUTTING A PRICE ON EMISSIONS 5% Project Category1 Forestry & land use (46%) Carbon Credit Renewable energy (43%) also known as a carbon offset 46% Energy efficiency / Fuel switching (2%) CO2 43% Waste disposal (2%) = CO2 Household devices (2%) One
Slide 7: Prices in the Carbon Markets
Prices in the Carbon Markets CARBON HAS BEEN ONE OF THE BEST PERFORMING ASSET CLASSES SINCE 2021 EU ETS Compliance Market1 Voluntary Carbon Markets2 EUR / t CO2e US$ / t CO2e € 120 EUAs since 2021: +152% $20 GEO since 2021: +368% $18 N-GEO since 2021: +38% € 100 $16 REDD+ OPIS Average since 2021: +1
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 Curve1 Carbon Sequestration Cost Curve1,2 Based on current technologies and current cos
Slide 9: Proven Streaming Model
Proven Streaming Model F L E X I B L E , A L I G N S I N T E R E S T S T O A C C E L E R AT E C L I M AT E A C T I O N A N D A D VA N C E U N S D G s Upfront Deposit & Sales of Ongoing Delivery Payments Carbon Credits Delivery of Purchases of Carbon Credits Carbon Credits PROJECT BUYERS OF PARTNER C
Slide 10: Proven Streaming Model
Proven Streaming Model A L I G N E D I N T E R E S T S B E N E F I T S TA K E H O L D E R S Benefits to Carbon Streaming Benefits to Project Partners Benefits to Credit Buyers ✓ Annual yield with credits received ✓ Delivers upfront cash to project ✓ Majority of funds flow to projects each year durin
Slide 11: 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 Magdalena Bay ✓ Adopting b
Slide 12: Diverse, High-Integrity Carbon Credit Portfolio
Diverse, High-Integrity Carbon Credit Portfolio 10 OR MORE CARBON PROJECTS EXPECTED TO ISSUE CARBON CREDITS BY YEAR -END 2023E Enfield Biochar Maine, United States 2023E initial carbon credit delivery Sustainable Community Waverly Biochar Quebec & Ontario, Canada H2 2023E next carbon credit delivery
Slide 13: Growing Carbon Credit Volumes
Growing Carbon Credit Volumes ORGANIC GROWTH THROUGH EXISTING PORTFOLIO STREAMS Carbon Credit Volumes: Potential Credit Vintage Year Profile1 • >20M credits annually by 2027 vintage year1 25.0 Rimba Raya • Annual carbon credit issuances expected to Magdalena Bay Blue Carbon Cerrado Biome occur ~6 to
Slide 14: Rimba Raya Biodiversity Reserve
Rimba Raya Biodiversity Reserve WORLD-CLASS TRAILBLAZING PROJECT Partner InfiniteEARTH Limited • One of the world’s largest REDD+ projects Location Central Kalimantan, Borneo, Indonesia • First REDD+ project and first "triple-gold" Climate, Community and Biodiversity project independently validated
Slide 15: Sustainable Community
Sustainable Community 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 Partner Will Solutions Inc. • Quebec Project currently one of the largest projects registered with Verra in Canada Location Quebec and Ontario, Canada • Grouped projects enroll and reward memb
Slide 16: Community Carbon
Community Carbon BRINGING ENERGY EFFICIENT SOLUTIONS TO MILLIONS IN AFRICA Partner Community Carbon • Diversified portfolio of seven energy-saving projects across five countries Location Uganda, Mozambique, Tanzania, Zambia, Malawi • Goal is to reduce emissions by ~50 Mt CO2e over the 15 to 21 Proje
Slide 17: Biochar Projects
Biochar Projects U. S . BA S E D C A R B O N R E M OVA L S P ROJ EC T S Waverly Biochar Enfield Biochar • What is biochar? ✓ Biochar is a stable, porous, near-pure form of carbon which sequesters for centuries ✓ Created when biomass is heated in the absence of oxygen, a process known as pyrolysis ✓
Slide 18: Nalgonda Rice Farming
Nalgonda Rice Farming S U S TA I N A B L E R I C E C U LT I VAT I O N G R O U P E D P R O J E C T R E D U C I N G M E T H A N E E M I S S I O N S Partner Core CarbonX • Methane avoidance grouped project enrolls farmers to reduce GHG emissions by improving rice cultivation practices Location Nalgonda
Slide 19: Carbon Streaming Portfolio
Carbon Streaming 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 Magdalena Bay Blue Carbon Cerrado Biome FCG Amazon Portfolio Bonobo Peace Forest Royalty Baja California Sur, Mexico Cerrado Biome, Brazil Amazon, Brazil Democratic Re
Slide 20: Robust Pipeline of Streaming Opportunities
Robust Pipeline of Streaming Opportunities W E L L - P O S I T I O N E D T O E X E C U T E P R O J E C T P O R T F O L I O D I V E R S I F I C AT I O N A N D G R O W T H S T R AT E G Y Pipeline Breakdown By Project Type1,2,3 Pipeline Breakdown By Region2,3 Waste Europe Technology Australia Community
Slide 21: 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 E TA I L E D 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 ✓
Slide 22: Capital Structure and Price History
Capital Structure and Price History STRONG CASH POSITION WITH ZERO DEBT Capital Structure1 Relative Performance since NEO:NETZ Listing 5 Shares % of FD 250% Issued Share Capital 46.8 M 57% Warrants 33.2 M 41% 200% Options 1.5 M 2% 150% Fully-diluted Share Capital 81.5 M 100% 100% Market Capitalizati
Slide 23: 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 Value1,2 1.06x • Trading at 0.37x P/NAV1 (63% implied discount to 0.92x 0.89x 0.84x net asset value) • Significantly undervalued compared to energy
Slide 24: Investment Highlights
Investment Highlights CO2 Unique Near-Term Technical & True ESG Approach to Organic Financial Impact Climate Action Growth Expertise Investing Near-term Catalysts ✓ H1 2022A: Portfolio diversification into biochar, cookstoves, methane avoidance • 2023E: Transformational year with credits expected to
Slide 25: Appendix
Appendix
Slide 26: 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 27: Key Milestones
Key Milestones RAISED ~US$140M, PUBLIC LISTING, GROWING PIPELINE Company raises US$105M in July 2021 Stock Begins Trading Future carbon on the NEO Exchange credit streams (NETZ) and the Frankfurt and royalties Stock Exchange (M2Q) to be announced Magdalena Bay Cerrado Biome Waverly Biochar Sustainab
Slide 28: Carbon Credit Streaming and Royalty Agreements
Carbon Credit Streaming and Royalty Agreements Upfront Initial Stream Project Description Registry ID Deposit1 (US$) Term2 Rimba Raya One of the world’s first and largest initiatives to protect tropical lowland peat swamp forests $26.3 million3,4 20 years Verra 674 GS 11211, 10967, Portfolio of ener
Slide 29: 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 30: 155 University Avenue, Suite 1240 Toronto, Ontario Canada M5H 3B7
155 University Avenue, Suite 1240 Toronto, Ontario Canada M5H 3B7 Tel: 647.846.7765 Email: [email protected] NEO:NETZ | OTCQB:OFSTF | FSE:M2Q
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