Greenlane Renewables Inc. · TSX:GRN
Greenlane Renewables — Investor Presentation (October 2026)
32 slides from Greenlane Renewables's investor presentation, October 2026
Slide 1: Biomethane pioneers. Relentless innovators.
Biomethane pioneers. Relentless innovators. INVESTOR PRESENTATION Leading global provider of biogas October 2026 desulfurization and upgrading technologies for the production of renewable natural gas. TSX: GRN / FSE: 52G / OTC: GRNWF TSX: GRN | FSE: 52G | OTC: GRNWF
Slide 2: Important Disclosures
Important Disclosures This forward looking information is based on certain key assumptions Available Information Forward-Looking Statements (continued) and is subject to risks and uncertainties. Readers are referred to the • the Company is accelerating the energy transition; discussions of these ass
Slide 3: About Greenlane
About Greenlane Biomethane Pioneers. Relentless Innovators. We make renewable natural gas (RNG) more accessible and scalable for project developers. We are biomethane pioneers who have been solving the toughest industry challenges and actively contributing to the decarbonization of our planet for ov
Slide 4: We transform biogas generated from organic waste into renewable natural gas
We transform biogas generated from organic waste into high-value, low-carbon renewable natural gas. TSX: GRN | FSE: 52G | OTC: GRNWF Renewable natural gas (RNG) is also referred to as biomethane. 4
Slide 5: A Pure-Play Tech Company Focused on RNG Production
A Pure-Play Tech Company Focused on RNG Production $44.4 5% $25.6 35+ 500+ million adjusted EBITDA million Sales Order Backlog as at June 30, 2026 Systems sold into 32 countries; the first to Years providing supply biogas biogas upgrading upgrading into 12 FY2025 Revenue In fiscal year 2025 $1.3 sol
Slide 6: Why invest in Greenlane?
Why invest in Greenlane? Durable demand, established player with step-change growth potential Durable Demand Fundamentals Established Market Player Step-Change Growth Potential • Ever-expanding energy demands call • Among the first to supply upgrading • $1.3 billion annual total addressable for scal
Slide 7: A Brief Look Back – Strategic Context
A Brief Look Back – Strategic Context Execution of strategic plan underpinned by financial discipline and adjusted EBITDA growth 2019: Listed on TSXV, raised capital and embarked upon a Revenue and Gross Margin strategy of expanding product portfolio beyond configured to order (CTO) water wash techn
Slide 8: 3 Year Financial History
3 Year Financial History Solid foundation while reconfiguring our upgrading systems business area Revenue $60M $50M Parts and Service $40M Upgrading Systems Post-handover maintenance, spare parts, remote monitoring, $30M Royalty 24/7 technical support, and service contracts $20M Biogas Desulfurizati
Slide 9: Step-Change Profitable Growth Potential
Step-Change Profitable Growth Potential Ramp up upgrading systems business area based on new product lines and royalty revenues Example System Sale for Modelling Purposes $1.3 billion Annual Total Addressable Market (TAM)* • For new product lines in Brazil, the US and Canada • Equates to 113 systems
Slide 10: Our Market Opportunity
Our Market Opportunity TSX: GRN | FSE: 52G | OTC: GRNWF
Slide 11: RNG is High-Value because it’s Low-Carbon, Local, Lucrative
RNG is High-Value because it’s Low-Carbon, Local, Lucrative Essential tool for the most difficult to decarbonize sectors Utilities Transportation Industry RNG RNG RNG allows gas utilities to is an established low helps manufacturers reduce the carbon carbon substitute for meet their intensity of the
Slide 12: Biomethane is Fastest Growing Form of Bioenergy to 2035
Biomethane is Fastest Growing Form of Bioenergy to 2035 Projected to grow at 15% per year globally over the next decade (STEPS) Europe: Strong policy momentum with biomethane targets in a number of EU countries, particularly after Russia’s Global demand for biogas by use and by scenario invasion of
Slide 13: Brazil Biomethane Demand to Increase 7X by 2035
Brazil Biomethane Demand to Increase 7X by 2035 Awakening the green giant Considering Brazil's vast agricultural sector, the country has significant biomethane production potential. Most of its biomethane production comes from landfills (~80%) and from sugarcane ethanol residues (~19%). The governme
Slide 14: The Sugar Mill Biomethane Opportunity in Brazil
The Sugar Mill Biomethane Opportunity in Brazil Could eventually dwarf the landfill sector, but will take time Brazil is the world’s largest producer with more than 400 sugar mills, mainly in the States of São Paulo, Minas Gerais and Paraná (far from the Amazon). Sugarcane derived ethanol produces v
Slide 15: Our Strategy, Our Advantage
Our Strategy, Our Advantage TSX: GRN | FSE: 52G | OTC: GRNWF
Slide 16: Our Key Strategic Success Criteria
Our Key Strategic Success Criteria As a technology company in our industry, we must deliver on 4 key success criteria 1. Price and Performance 2. Manufacturing Deliver attractive return-on-investment results to our Control manufacturing to manage costs and have customers with the best combination of
Slide 17: Our Strategic Initiatives
Our Strategic Initiatives Underpinned by financial discipline and adjusted EBITDA growth 01 02 03 Continue sales growth Reconfigure our upgrading Add step-change profitable in our most profitable systems business area growth potential with new business areas product lines • Parts and Service • Compl
Slide 18: Our Product Lines
Our Product Lines Proprietary standard products configured to order Cascade LF TM Cascade H20 TM Next generation landfill Water Wash: Upgrading of gas upgrading: higher biogas from all types of performance, lower cost feedstocks; highly tolerant to impurities Cascade MS TM Cascade H2S TM Membrane Se
Slide 19: Our Product Lines
Our Product Lines Proprietary standard products configured to order • Cascade H2O is Greenlane’s proprietary water wash technology upon which the company was originally Cascade H20 TM formed and continues to play a key role. Water Wash: Upgrading of • One of our Cascade H2O models, Totara+, is bioga
Slide 20: Our Product Lines
Our Product Lines Proprietary standard products configured to order • To be produced by Panasonic in Brazil under license. Cascade LF TM • Partnership for volume production generating royalty Next generation landfill revenue to Greenlane. gas upgrading: higher performance, lower cost • Panasonic bri
Slide 21: AD Biogas and Landfill Gas are Different
AD Biogas and Landfill Gas are Different Anaerobic digester (AD) biogas generally has higher H2S, landfill gas is more complex Today several approaches exist for AD biogas desulfurization, a sign Industry benchmark methane recovery can be <90% and systems can that the market has not yet coalesced ar
Slide 22: Cascade H2S
Cascade H2S TM Reliable Regenerative Biogas Desulfurization Higher Performance, Lower Cost High Over 350 delivered starting from 2012. TSX: GRN | FSE: 52G | OTC: GRNWF 22 July 3, 2023 22
Slide 23: Cascade LF
Cascade LF TM Featuring new IP Next Generation Landfill Gas Upgrading Higher Performance, Lower Cost High Performance: Every 1% improvement in methane recovery results in 1% increase in project revenue. Methane recovery is the primary performance parameter for every upgrading system. New Technology:
Slide 24: Cascade LF
Cascade LF TM Best-In-Class Methane Recovery | Cost Optimized Linear NRU Removes N2 and O2 TSA Removes Siloxanes and VOCs Activated Carbon Removes H2S When H2S is high, use Cascade H2S Pipeline Quality RNG Membrane Separation Removes CO2 and O2 Landfill Biogas Compressors Gas 3rd party supplier NRU
Slide 25: Greenlane’s Linear NRU Technology
Greenlane’s Linear NRU Technology New technology without adding new technology risk Greenlane’s Linear NRU technology sits at the heart of CascadeTM LF. It is based on equilibrium pressure swing adsorption (PSA) principles and removes nitrogen to the level required to meet RNG pipeline injection spe
Slide 26: Our Parts and Service Business
Our Parts and Service Business Increasing recurring revenue by adding value to a growing customer base With more than 500 systems sold into 32 countries, we have a large and growing pool of post-handover customer support opportunities. We offer comprehensive maintenance contracts at tiered levels of
Slide 27: Our Financials
Our Financials TSX: GRN | FSE: 52G | OTC: GRNWF
Slide 28: Financials – To June 30, 2026
Financials – To June 30, 2026 Three Six Period Ended June 30, 2026 Months Months Path to Positive Revenue $11.3M $20.9M Adjusted EBITDA $2.3M Gross Margin(1,2) 41% 42% -$9.0M -$1.7M Adjusted EBITDA(1) $0.1M ($0.8M) FY 2025 Sales Order Backlog(1) $25.6M Cash Balance $12.1M FY 2024 Debt $nil Fiscal ye
Slide 29: Capital Structure
Capital Structure As at June 30, 2026 Column title Common Shares Issued and Outstanding 159,702,553 Options 11,422,261 Restricted Share Units 3,226,108 Performance restricted share units 175,000 Fully Diluted Shares 174,525,922 Board and Management Ownership ~11% Market Capitalization (August 2026)
Slide 30: Senior Management: Strong Track Record
Senior Management: Strong Track Record Brad Douville Stephanie Mason H. Maura Lendon Dale Goudie CEO CFO COO CTO Joined as President in 2017 then Stephanie is a financial professional Maura is an accomplished executive Dale has over 25 years’ engineering became CEO in 2019 when the with over 15 year
Slide 31: Why invest in Greenlane?
Why invest in Greenlane? Durable demand, established player with step-change growth potential • Durable demand • Established market player • Step-change profitable fundamentals for RNG with products, partnerships growth potential with new and pipeline of innovative products aimed at technologies to
Slide 32: Thank you
TSX: GRN | FSE: 52G | OTC: GRNWF For more information: Thank you Incite Capital Markets Darren Seed 604.493.2004 [email protected] TSX: GRN | FSE: 52G | OTC: GRNWF 32 July 3, 2023
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