Alto Ingredients : Investor Presentation (25 03 05 ALTO Q4 2024 Deck Final)

ALTO

Elevating Essential Products

Leading producer of specialty alcohols and high quality ingredients.

Q4 2024 INVESTOR PRESENTATION reported on MARCH 5, 2025

Transforming corn into

the highest-quality, sustainable ingredients that make everyday

products better

3

Producer and distributor of specialty alcohols,

renewable fuels and essential ingredients

4

Unlocking Value

Targeting premium markets

with high quality products

Supporting the reduction in carbon

emissions by pursuing CCS

Optimizing asset base & executing efficiency initiatives

Advancing traceability & sustainability certifications & programs

Broadening customer base

5

Targeting Premium Markets

MAKING EVERYDAY PRODUCTS BETTER:

Health, Home & Beauty

Food & Beverage

Industry & Agriculture

Essential Ingredients, including CO2 Renewable Fuels

Alto Columbia, LLC

Alto Carbonic, LLC

Dry Mill

Beverage-grade liquid CO2 processor

Boardman, Oregon

Alto Magic Valley, LLC

Dry Mill

Burley, Idaho

Alto Ingredients, Inc.

Alto Pekin, LLC

Headquarters

Dry Mill

Wet Mill & Distillery

Yeast Plant

Pekin, Illinois

Kinergy Marketing LLC

Pekin, Illinois

Alto ICP, LLC

Dry Mill & Distillery

Pekin, Illinois

Eagle Alcohol, LLC

Break Bulk Packaging & Distribution

St. Louis, Missouri

Corporate Headquarters

Production

Distribution

Marketing

6

Making

Everyday

Products

Better

HEALTH, HOME

FOOD &

INDUSTRY &

ESSENTIAL

RENEWABLE

& BEAUTY

BEVERAGE

AGRICULTURE

INGREDIENTS

FUELS

ALTO'S 100%

BIO-BASED RENEWABLE INGREDIENTS

SAMPLE

END-USE PRODUCTS

API Grade

Ethyl Alcohol

USP Grade

Ethyl Alcohol

Grain Neutral

Spirits

Corn Germ

CO2 Gas & Liquid

Industrial Grade

Alto Yeast

Ethyl Alcohol

Corn Meal, Oil, Germ

& Protein Feed

High Protein DDGS

Distillers Grains

>

Automotive fluids

>

Pet foods and

>

Fertilizers

>

flavorings

>

Industrial feedstock

Breadings

(ethyl acetate, etc.)

>

Plant-based proteins

>

Inks

>

Animal feeds

> Food-grade and

feed-grade corn oils

>

Aquaculture feeds

Transportation Fuel:

Ethanol

Corn Oil: Renewable

Diesel Feedstock

7

Optimizing Carbon

Acquired beverage-grade liquid CO2 processor

Formal EPA Class VI permit application submitted

Exploring other market opportunities: sustainable aviation fuel (SAF), blue ethanol, ethanol-to-jet fuel, renewable natural gas, green methanol, etc.

BENEFITS OF CCS AT PEKIN FACILITIES

IRC Section 45Q tax incentives improves economics

Mount Simon Sandstone formation,

near the Illinois Basin and the Pekin Campus

Designed as dedicated short-distance intrastate pipeline, which greatly limits disruption and risk concerns

8

Sustainability Efforts

Published Second Sustainability Report in October 2024

SMETA PILLAR 4 APPROVED

EARNED AT PEKIN CAMPUS

COMPLETED MATERIALITY SURVEY & INITIAL ROADMAP

CONDUCTED ACD RESPONSIBLE DISTRIBUTION AUDIT AT EAGLE ALCOHOL

COMPLETED ANNUAL THIRD-PARTY SCOPE 1 & 2 GREENHOUSE GAS VERIFICATIONS

9

Certifications Create

Differentiation

Deepen Relationships

& Open Doors to New Customers

SPECIALTY ALCOHOLS & ESSENTIAL INGREDIENTS:

More challenging to produce

Require audits, equipment and testing validation, and other prerequisite programs

Create significant product performance impact for a small percentage of their cost

10

Disclaimer

Alto Ingredients Inc. published this content on March 05, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 05, 2025 at 21:52:36.813.