Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number 001-35073 GEVO, INC. (Exact name of registrant as specified in its charter) (State ...

Financial Data and Key Metrics Changes - Gevo ended Q2 2022 with a strong liquidity position of $546.8 million in cash, restricted cash, and other liquid investments [37] - The company realized $139 million of net proceeds from the issuance of common stock and common stock warrants in June 2022 [37] - Long-term debt outstanding was $67 million related to the Northwest Iowa RNG project [38] Business Line Data and Key Metrics Changes - Gevo has secured a total of over 350 million gallons per year of committed sustainable aviation fuel (SAF) offtake agreements, with an estimated hydrocarbon revenue value exceeding $2 billion per year [11][12] - The Northwest Iowa RNG project is now operational, with biogas production ongoing and sales managed by BP [14][39] - The Net-Zero 1 project is on schedule to produce 62 million gallons of low carbon fuels annually, with 55 million gallons designated for SAF, expected to deliver its first volumes in 2025 [17][18] Market Data and Key Metrics Changes - Demand for low-carbon SAF is projected to exceed supply by a factor of 12 times over the next decade, with the SAF market size estimated between 10 million to 30 billion gallons over the next two decades [30] - Currently announced SAF projects globally total approximately 2.4 billion gallons, indicating strong market absorption potential for Gevo's production goal of one billion gallons by 2030 [31] Company Strategy and Development Direction - Gevo's strategy focuses on securing additional plant locations and partnerships to meet the demand for SAF, with plans for both greenfield sites and existing ethanol plants [20][21] - The company aims to decarbonize energy sources for production, emphasizing the need to substitute fossil-based energy with renewable sources [22][23] - The company is also exploring the potential of its isobutanol platform to supply low-carbon renewable gasoline blendstocks and chemicals [31][32] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the pending Inflation Reduction Act, highlighting potential benefits from SAF blenders tax credits and clean fuel production credits [41][42] - The company is focused on building relationships with energy transition partners and traditional energy companies to accelerate growth [35][36] - Management emphasized the importance of capturing carbon and utilizing renewable energy sources to improve the carbon intensity (CI) score of their products [51][61] Other Important Information - The company plans to begin ordering long lead equipment for the Net-Zero 1 project in Q4 2022 and is actively engaged in discussions with potential equity partners [40][24] - The Senate's draft Inflation Reduction Act includes provisions that could significantly benefit Gevo's operations and financial outlook [41][45] Q&A Session Summary Question: Thoughts on potential benefits from the pending IRA legislation - Management discussed the potential benefits of the CCS and ITC elements in the IRA legislation, emphasizing the importance of capturing CO2 and improving CI scores [50][51] Question: Could the legislation change the preferred pathway for decarbonizing production processes? - Management indicated that the fundamental view for production plans remains unchanged, emphasizing the need to substitute fossil-based energy sources over time [57][58] Question: Market size and potential for low-carbon chemical products - Management explained that the business involves converting new raw materials into primary petrochemical building blocks, which can lead to massively carbon-negative products [62]

Gevo, Inc. (NASDAQ:GEVO) Q1 2022 Earnings Conference Call May 9, 2022 4:30 PM ET Company Participants John Richardson – Director-Investor Relations Patrick Gruber – Chief Executive Officer Chris Ryan – Chief Financial Officer Lynn Smull – Chief Financial Officer Conference Call Participants Derrick Whitfield – Stifel Shawn Severson – Water Tower Research Amit Dayal – H.C. Wainwright Derrick Whitfield – Stifel Operator Thank you for standing by and welcome to the Gevo Inc First Quarter 2022 Earnings Conferen ...

Gevo, Inc. (NASDAQ:GEVO) Q4 2021 Earnings Conference Call February 24, 2022 4:30 PM ET Company Participants Heather Manuel - Vice President of Investor Relations & Communications Patrick Gruber - Chief Executive Officer Lynn Smull - Chief Financial Officer John Richardson - Investor Relations Manager Conference Call Participants Shawn Severson - Water Tower Research Derrick Whitfield - Stifel Prashant Rao - Citi Group Amit Dayal - H.C. Wainwright Operator Welcome to Gevo's Fourth Quarter 2021 Earnings Confe ...

Gevo, Inc. (NASDAQ:GEVO) Q3 2021 Earnings Conference Call November 10, 2021 4:30 PM ET Company Participants Patrick Gruber – Chief Executive Officer Geoffrey Williams – Vice President, General Counsel, and Secretary Lynn Smull – Chief Financial Officer Paul Bloom – Chief Carbon and Innovation Officer Conference Call Participants Nathaniel Pendleton – Stifel Shawn Severson – WTR Amit Dayal – H.C. Wainwright Poe Fratt – Noble Capital Operator Welcome to Gevo's Third Quarter 2021 earnings conference call. My n ...

Gevo, Inc. (NASDAQ:GEVO) Q2 2021 Earnings Conference Call August 12, 2021 4:30 PM ET Company Participants Geoffrey Williams – Vice President, General Counsel and Secretary Patrick Gruber – Chief Executive Officer Carolyn Romero – Chief Accounting Officer Lynn Smull – Chief Financial Officer Conference Call Participants Sameer Joshi – H.C. Wainwright Poe Fratt – Noble Capital Markets Operator Welcome to Gevo’s Second Quarter 2021 Earnings Conference Call. My name is Liz, and I will be your operator for today ...

| --- | --- | --- | |--------------------------------------|-------|--------| | | | | | Beyond Net-Zero — June Investor Deck | | | | June 2021 | | % gevo | | | | | | | | | FORWARD LOOKING STATEMENTS Any statements in this presentation about our future expectations, plans, outlook and prospects, and other statements containing the words "believes," "anticipates," "plans," "estimates," "expects," "intends," "may" and similar expressions, constitute forward-looking statements within the meaning of The Private ...

Gevo, Inc. (NASDAQ:GEVO) Q1 2021 Earnings Conference Call May 13, 2021 4:30 PM ET Company Participants Geoff Williams - Vice President, General Counsel & Secretary Patrick Gruber - Chief Executive Officer Carolyn Romero - Chief Accounting Officer Lynn Smull - Chief Financial Officer Conference Call Participants Amit Dayal - H.C. Wainwright Shawn Severson - Water Tower Research Craig Irwin - ROTH Capital Partners Operator Hello and welcome to Gevo's First Quarter 2021 Earnings Conference Call. My name is Tow ...

Gevo, Inc. (NASDAQ:GEVO) Q4 2020 Earnings Conference Call March 17, 2021 4:30 PM ET Company Participants Geoff Williams - Vice President, General Counsel & Secretary Patrick Gruber - Chief Executive Officer Carolyn Romero - Chief Accounting Officer Lynn Smull - Chief Financial Officer Conference Call Participants Amit Dayal - H.C. Wainwright Poe Fratt - Noble Capital Markets Operator Welcome to Gevo's Fourth Quarter 2020 Earnings Conference Call. My name is Carmen, and I will be your operator for today’s ca ...

Dr. Patrick Gruber, CEO INVESTOR PRESENTATION – JANUARY 2021 FORWARD LOOKING STATEMENTS Any statements in this presentation about our future expectations, plans, outlook and prospects, and other statements containing the words "believes," "anticipates," "plans," "estimates," "expects," "intends," "may" and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such for ...