GREEN ACCELERATION

PIERROBERTO FOLGIERO – Amministratore Delegato Maire Tecnimont Group

New York, 5th Avenue

1900 1913

INNOVATION: UNEXPECTED OR MANAGEABLE?

ADOPTION OF TECHNOLOGY IN THE US

Souce: BlackRock

THE S-CURVE OF INNOVATION

THE S-CURVE OF INNOVATION

MAIRE TECNIMONT INNOVATION S-CURVE

MAIRE TECNIMONT is best POSITIONED TO ACCELERATE in the green chemistry

MARKETABILITY

INDUSTRIAL SCALE UP

READINESS

MATURITY

TECHNOLOGY DEVELOPMENT

HIGH COMPETITION

INNOVATION PIPELINE

Idea

Eval

uati

onBusiness

FeasibilityDevelopment Design

ValidationReady To Market

After Launch

New

Hold / Archive

ACCELERATION

THE MAGIC OF CHEMISTRY

inert!

C6

CARBON

= CO2

H2HYDROGEN

=

active!

ELECTROCHEMICAL ENERGY WITHOUT COMBUSTION!

AVOID BURNING CARBON, TRANSFORM IT FOR DURABLE USE!

FIND IT ELSEWHERE:NEW CARBON-RICH FEEDSTOCK (SUGAR, CELLULOSE)

COMBUSTIONVITALENERGY

GAS EXPLOITATION

ELECTRIFICATION

NEW FEEDSTOCKS

NEW PLASTICS

CO2 CAPTURE

5 DECARBONIZATION MACRO TRENDS

NEW VIRGIN

PLASTICS 2

RECYCLING REUSABLE PLASTICS

1 COPING WITH PERFORMANCE DEGRADATION

FROM CHEMICAL RECYCLING

FROM RENEWABLE FEEDSTOCKS

FROM NEW BIODEGRADABLE MOLECULES• FOR THE INVISIBLE PLASTIC IS A MUST

NEW PLASTICS

• SOCIAL AND ECONOMIC SUSTAINABILITY IS KEY

FROM OTHER SOURCES

OF CARBONBIO ETHYLENE

CRACKING SUGARS FOR NEW BUILDING BLOCKS

BIO ETHANOL

NEW FEEDSTOCKS

THE GAS EXPLOITATION

GAS AS GAMECHANGER

IN THE TRASPORT FUEL

HYDROGENECONOMY

+ METHANOL ECONOMY?

“RENEWABLE”GAS

TRADITIONAL BIO GAS

GASIFICATION OF WASTE

ELECTRIFICATION

STORAGE OF RENEWABLE

POWER GENERATION

ELECTROLYSIS RENAISSANCE

ELECTRICITY AS A

FEEDSTOCK

NEXT CHEM ADDRESSABLE MARKET

~ €40 BN > €120 BN

Fertilizers

Biochemicals

Enzymes

Plastic recycling

Biopolymers

Solar CSP

2G Biofuels

Carbon footprint reduction

Other MSW2018 2025

CAGR 2018 - 2025

>15%

Source: 2G Bio-fuels: EPA – Environmental Protection Agency; European Commission; USDA foreign agricultural services; United Nation conference on Trade and Development – 2nd generation biofuel market; Plastic recycling: European Commission - European Circular Economy Package; Technavio Global recycled plastic market 2016-2020; Biopolymers: European Bioplastics, Nova institute; Other MSW: OECD historical data (Europe, USA, China); World Bank’s “What a waste 2.0”; Enzymes: Industry players financial reports analysis; Bio-Chemicals: Letherhead, Markets & markets research, Statista, Allied Market research; Fertilizers bio-coating: figures for controlled release fertilizers - International Fertilizer Association – 2016. Business Wire; Carbon footprint reduction: IHS Markit; Solar CSP: IRENA - International Renewable Energy Agency. NREL – National Renewable Energy Laboratory

WE HAVE BEEN PREPARING FOR NEXT CHEM

Invested in innovation R&D Projects Cumulated Patents

IN THE LAST 5 YEARS

GREEN CHEMISTRY IS A PROGRESSION

REDUCELower impact of the fossil-based processes

IMPROVEWaste recycling

CREATEUse of Bio Feedstock

RENE

WAB

LE E

NERG

Y

Enhance the exploitation of severe gas fields

Production of hydrogen and sulphur via high efficiency process

Production of Propylene from any kind of gas with high energy efficiency process

TREATMENT

GREENING THE BROWN

H2S Cracking

OCM SiluriaORION

Acid Gas RemovalDCCDTM

CARBON FOOTPRINT

REDUCTION &ENERGY EFFICIENCY

COATED FOSSIL FERTILIZER

COATING UREA Pursell Agri Tech

Development of the controlled release fertilizerthrough polyurethane-based fertilizer coatings: reduction of UREA consumption and CO2

emissions

WASTE TO CHEMICAL

Waste toHydrogen

Production of hydrogen via gasification of municipal waste

MECHANICAL RECYCLING

Myreplast

Waste to chemicals and

renewable fuels

Production of chemical and fuels via gasification of municipal waste

Advanced Mechanical plastic recycling

Demeto

OCMChem Recycling

Chemical Recycling of PET

Innovative Process architecture to produce virgin olefins from plastic waste

CHEMICALRECYCLING

CIRCULAR ECONOMY

BIO-FUELS 2GBio-ethanol

Second generation Bio-ethanol produced from non-foodcompetition biomass

Oleochemicals production from non-foodcompetition biomass

2G Sugars

Algae tochemicals

Non-eatable second generation sugar as bio-chemicalfeedstock

Omega3 production from algae

Green Energy as unique raw material for fertilizerproduction

Bio-coatingUrea (PHA)

Controlled release fertilizer with bio degradable coatings

2GOleochemicals

RES to nitrogenfertilizerFERTILIZER

BIO-COATING

BIO CHEMICALS/ POLYMERS

GREEN GREEN

GREEN EVOLUTION & PORTFOLIO OF 19 ONGOING INITIATIVES

THE INNOVATION PLAYER OF CHOICE

NATURAL HEDGE OF INNOVATION VOLATILITY

PORTFOLIOMANAGEMENT

ACCELERATE THE RAMP UP OF THE INNOVATION

TECHNOLOGY AND EXECUTION EXPERTISE

MAIRE TECNIMONT CONTRIBUTION TO GREEN ACCELERATION

SCOUTING & PIVOTING

COMMERCIALIZING

INDUSTRIALIZINGECOSYSTEM DRIVEN

2–WAY FINANCIAL ENABLER: TO RAISE FUNDS AND TO EMPLOY GREEN CAPITALS

BECAUSE

THEREIS NO

PLANET B

AGILER&D

BUSINESS DEVELOPMENTBUSINESS EXECUTION

LEAN

TIME ORIENTED