Lanzatech Global, Inc. · NASDAQ:LNZA
Lanzatech Global — Investor Presentation (May 2026)
19 slides from Lanzatech Global's investor presentation, May 2026
Slide 1: LanzaTech
LanzaTech 2026
Slide 2: Disclaimer
DISCLAIMER DISCLAIMER Cautionary Note Regarding Forward Looking Statements These slides and any accompanying oral presentation contain forward-looking statements. All statements, other than statements of historical fact, included in these slides and any accompanying oral presentation are forward-loo
Slide 3: LanzaTech Overview
LanzaTech 2026 LanzaTech Overview 20 Years of Innovation 6 Co mm ercial Pl ant s $57M 2025 Revenue 2005: Founded in New Zealand First commercial plant started in 2018 Strong recurring sales revenue, with project Today: H Q in Chicago IL, 150+ employees Plants located in China, India, and Europe deve
Slide 4: LanzaTech is The Lowest-Carbon, Lowest-Cost, Scalable SAF/SMF Option
LanzaTech 2026 LanzaTech is The Lowest-Carbon, Lowest-Cost, Scalable SAF/SMF Option LanzaTech is The Lowest-Carbon, Lowest-Cost, Scalable SAF/SMF Option We take waste carbon from industrial emissions and turn it into valuable products Six commercial plants producing 150M gallons of ethanol profita
Slide 5: Six Commercial Plants Operating Globally Today
Six Commercial Plants Operating Globally Today 60+ Million Gallons of Ethanol Produced LanzaTech 2026 Six Commercial Plants Operating Globally Today 6 0 + Million Gallons of Ethanol Produced S h o u g a n g – China ArcelorMittal – Belgium IndianOil – India 4 Plants S T E E L A N D F E R R O A L L O
Slide 6: Confidential
Confidential
Slide 7: Commercial-Scale Recycled Carbon Fuels (RCFs)
LanzaTechCommercial-Scale Recycled Carbon Fuels (RCFs) 2026 Commercial-Scale Recycled Carbon Fuels (RCFs) LanzaTech is pr oducing R C F s today at six commercial sites around the world Diverse Industrial LanzaTech Carbon 1 2 3 H i g h Value Products Waste Inputs Transformation Technology ATMOSPHERIC
Slide 8: Unmatched Feedstock Flexibility
LanzaTech Unmatched Feedstock Flexibility 2026 Unmatched Feedstock Flexibility O u r Tec hnology H a n dles What Others Can’t LanzaTech’s gas fermentation platform has demonstrated conversion of 3 0 + real-world waste and biomass inputs Most Diverse F eedstoc k Portfolio in the S A F a n d S M F Ind
Slide 9: Recycled Carbon Fuels: The Only Scalable Approach
LanzaTech 2026 Recycled Carbon Fuels: The Only Scalable Approach Recycled Carbon Fuels: The Only Scalable Approach 1 0 0 B + Gallons C a n B e Made from LanzaTech Technology S A F Potential Proven at scale: Gal/Year USD/Year Industrial off-g a s – Steel Ferroalloy 38 B $190 B Waste Solids - M S W 54
Slide 10: First Commercial Ethanol-to-SAF Plant is Now Operational
LanzaTech 2026 First Commercial Ethanol-to-SAF Plant is Now Operational First Commercial Ethanol-to-S A F Plant is N o w Operational LanzaJet: Freedom Pines Fuels Soperton, Georgia US A 1 0 M Gallons/Year capacity S A F February 2 0 2 6 : $ 4 7 M Raise @$650M Pre-money Valuation LanzaTech Holding: ~
Slide 11: Recycled Carbon Fuels Will Impact Two Critical Fast-Moving Markets
LanzaTech 2026 LanzaTech Recycled Carbon Fuels Will Impact Two Critical Fast-Moving Markets AVIATION MARINE 11
Slide 12: SAF Mandates and Policy Tailwinds Accelerate Adoption
LanzaTech 2026 SAF Mandates and Policy Tailwinds Accelerate Adoption S A F Mandates and Policy Tailwinds Accelerate Adoption • Today – Global J et Fuel Demand: 1 0 0 Billion Gallons • 2030 – Global J et Fuel Demand: growth predicted with upper bound of 1 4 0 Billion Gallons – S A F Mandates: 1 0 Bil
Slide 13: Lowest-Cost Solution for Sustainable Marine Fuels
LanzaTech 2026 Lowest-Cost Solution for Sustainable Marine Fuels Lowest-Cost Solution for Sustainable Marine Fuels • 7 3 Billion Gallons of Marine fuel u s e d each year globally • FuelEU Maritime mandates will require 1 – 2 Billion Gallons of S M F b y 2 0 3 0 • More methanol-compatible e n g i n e
Slide 14: Three Things Had to Be True. Now They All Are
Three Things Had to Be True. Now They All Are LanzaTech 2026 Three Things Had to Be True. N o w They All Are Technology works at scale. Legislation caught up. Markets exist today. 6 plants. 300+ days continuous UK/EU mandates, marine standard in Early adopter offtakes signed. operations/plant develo
Slide 15: LanzaTech Project Pipeline
LanzaTech 2026 LanzaTech Project Pipeline LanzaTech Project Pipeline Ou r projects leverage diverse feedstocks and strategic locations to deliver sustainable fuels in key locations 2027 2029 2030 N T P C – INDIA Exelixis – NO R W A Y DRAGON - UK C O 2 and Green H 2 Industrial emissions First UK ATJ
Slide 16: Scalable Revenue Model Driven by Commercial Deployment
Scalable Revenue Model Driven by Commercial Deployment Scalable Revenue Model Driven by Commercial Deployment Structural cost reset positions platform for capital- Revenue ($M) efficient growth 80 Revenue Streams 60 • Licensing & technology fees (upfront + milestones) 40 • Engineering & services (ea
Slide 17: Clear path to Operating Leverage as Commercial Scale Increases
Clear path to Operating Leverage as Commercial Scale Increases Clear path to Operating Leverage as Commercial Scale Increases Lean Cost Structure • Post-2025 cost base is structurally lower and largely O pe r a ting E x p e n s e s ($M) fixed 140 • H2’25 exit run-rate reflects full impact of cost ac
Slide 18: Structural Cost Reset, De-Risked Balance Sheet & Capital Flexibility
Structural Cost Reset, De-Risked Balance Sheet Capital Flexibility Structural Cost Reset, De-Risked Balance Sheet & Capital Flexibility ~ 50% Reduction in Operating Expenses (2025) Balance Sheet & Legal De-Risking Period OPEX ($M) • All major litigation matters resolved • FPA/Vellar structure elimin
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