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Spero Energy Inc.

Spero Energy Inc. Pioneering a Greener Future. Team Spero. Mahdi Abu-Omar, Ph.D. – Founder and President Basudeb, Saha, Ph.D. – Chief Technical Officer Trenton Parsell, Ph.D – Sr. Scientist Ian Klein – Scientist Barron Hewetson – Scientist. Advisors to Team Spero.

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Spero Energy Inc.

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  1. Spero Energy Inc. Pioneering a Greener Future

  2. Team Spero Mahdi Abu-Omar, Ph.D. – Founder and President Basudeb, Saha, Ph.D. – Chief Technical Officer Trenton Parsell, Ph.D – Sr. Scientist Ian Klein – Scientist Barron Hewetson – Scientist

  3. Advisors to Team Spero Tim Peoples, Ph.D. • 18 years agricultural product and business development, Cyanamid • Entrepreneur in Residence, Purdue Foundry Nathan S. Mosier, Ph.D. • Scale-up • Bio-process engineering Tony Hamer, Ph.D. • 40 years industrial chemical production

  4. Wasted Carbon Value LIGNIN CARBOHYDRATES Biomass2energy.com aerovent.com

  5. TECHNOLOGY OVERVIEW Process • Cellulose • Paper • Ethanol High Value Chemicals

  6. Business Opportunity DHE Isoeugenol / Eugenol $440 M DMP $375 M Vanillin $300 M

  7. Estimated Production Cost of DHE

  8. Customer Development

  9. Phase to Market First sales

  10. Market Expansion Lignin Derived Products DHE DMP Isoeugenol/Eugenol Vanillin Carbohydrate Derived Products

  11. Spero Competitive Edge • Competitors: • Shijiazhuang Sdyano Fine Chemical Co., Ltd • Suzhou Yacoo Corporation • Indesso

  12. Milestones Completed

  13. Spero Timeline New Product Development Commercial Production Scale up Year 0 Year 1 Year 2 Year 3 Year 4

  14. Summary • High value from waste • Competitive product • Strong pipeline • Excellent Team • Scientific and business experience • Seeking marketing team

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