Green Plains Inc. (NASDAQ:GPRE) Q1 2022 Earnings Conference Call May 2, 2022 11:00 AM ET Company Participants Todd Becker - President and Chief Executive Officer Patrich Simpkins - Chief Financial Officer Phil Boggs - Senior Vice President and Investor Relations Leslie van der Meulen - Executive Vice President, Product Marketing & Innovation Conference Call Participants Jordan Levy - Truist Securities Laurence Alexander - Jefferies Ken Zaslow - Bank of Montreal Ben Bienvenu - Stephens Inc. Steve Byrne - Ban ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to _____ Commission file number 001-32924 GREEN PLAINS INC. (Exact name of registrant as specified in its charter) Iowa 84-1652107 (State or other juri ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | Fourth Quarter 2021 Business Update | | | | | | | | | | Feb. 11, 2022 | | | | | | | | | | | | | | | | | | Forward Looking Statements 2 This presentation includes forward-looking statements that reflect management's current views of company performance, industry conditions and future economic environment. Th ...

Call Start: 11:00 January 1, 0000 12:19 PM ET Green Plains Inc. (NASDAQ:GPRE) Q4 2021 Earnings Conference Call February 11, 2022, 11:00 AM ET Company Participants Todd Becker – President and Chief Executive Officer Patrich Simpkins – Chief Financial Officer Phil Boggs – Senior Vice President and Investor Relations Conference Call Participants Craig Irwin – ROTH Capital Partners Manav Gupta – Credit Suisse Adam Samuelson – Goldman Sachs Group Benjamin Bienvenu – Stephens Inc. Jordan Levy – Truist Securitie ...

Green Plains, Inc. (NASDAQ:GPRE) Q3 2021 Earnings Conference Call November 4, 2021 11:00 AM ET Company Participants Phil Boggs - EVP, IR & Treasurer Todd Becker - President, CEO & Director George Simpkins - CFO Conference Call Participants Adam Samuelson - Goldman Sachs Group Jordan Levy - Truist Securities Benjamin Bienvenu - Stephens Inc. Manav Gupta - Crédit Suisse Eric Stine - Craig-Hallum Kenneth Zaslow - BMO Capital Markets Operator Good morning, and welcome to the Green Plains Inc. and Green Plains P ...

Financial Performance - Green Plains achieved a net income of $9.7 million, or $0.20 per diluted share[9] - The company's adjusted EBITDA reached $54.8 million[9] - Green Plains reported cash, cash equivalents, and restricted cash totaling $615.4 million[9] - An additional $294.2 million was available under committed credit facilities[9] Production Segment - Green Plains processed 65.4 million bushels of corn[9] - Ethanol sales amounted to 190.9 million gallons, representing 79.9% of capacity[9] - Sales of distillers grains (dry equivalent) totaled 494 thousand tons[9] - Corn oil sales reached 54.9 million pounds[9] - The consolidated ethanol crush margin was $70.2 million, or $0.37 per gallon[9] Business Activities & Updates - Fagen, Inc was announced as the exclusive construction partner for Ultra-High Protein buildout[11] - Green Plains Central City LLC broke ground for construction of MSC™ Ultra-High Protein[11] - Operations began for the clean sugar project at Innovation Center in York, Neb, to produce dextrose[11] - Additional locations were announced to join Summit Carbon Solutions' carbon capture and sequestration project[11] - The Partnership closed on an amended five-year, $60.0 million term loan facility[11]

Financial Data and Key Metrics Changes - Net income attributable to Green Plains shareholders was $9.7 million or $0.20 per diluted share, a significant improvement from the $8.2 million loss or $0.24 per diluted share reported in Q2 2020 [14] - Adjusted EBITDA was $54.8 million in Q2 2021, up from $17.9 million in the prior year, reflecting a $36.9 million improvement [14] - Consolidated margin was $0.37 per gallon, supported by strong market conditions and optimization gains [10] Business Line Data and Key Metrics Changes - Ethanol production reached 191 million gallons, equating to an 80% utilization rate, with expectations for higher production as Project 24 initiatives progress [11] - Plant utilization improved to 79.9% compared to 53.5% in the prior year [14] - The Partnership reported an adjusted EBITDA of $12.7 million for the quarter, slightly down from $13.2 million in the prior year [17] Market Data and Key Metrics Changes - Ethanol stocks in the industry are at a much higher level than last year, indicating increased production [11] - The demand for renewable corn oil is strong due to its low carbon intensity, with expectations for future premium pricing as supply tightens [59] Company Strategy and Development Direction - The company is focused on transforming into biorefineries, emphasizing sustainable ingredients and high-value products [6][9] - Key strategic verticals include ultra-high protein, renewable corn oil, specialty alcohols, clean sugar, and carbon [21] - The company is enhancing its leadership team and hiring talent to support its transformation and innovation initiatives [7][9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the potential of their clean sugar technology and the importance of executing their transformation plan [19][30] - The company is cautiously optimistic about the third quarter margins but acknowledges the need to monitor market conditions closely [12] - Management emphasized the importance of maintaining operational efficiency in existing plants to support future growth [53] Other Important Information - The company has completed a $60 million amended credit facility, allowing for higher distributions to unitholders [12][16] - The company is actively pursuing carbon capture opportunities and has assembled a team to evaluate investments in carbon solutions [28][29] Q&A Session Summary Question: Insights on clean sugar shipments and market feedback - Management is learning from initial shipments and is excited about the potential for transforming traditional ethanol plants into biorefineries focused on clean sugar production [34][35] Question: Hiring needs and organizational changes - The company is hiring for various roles to support its transition to high-value products, emphasizing the need for specialists in nutrition, science, and technology [38][41] Question: Protein side shipment cadence and profitability - Management expects significant contributions from the Wood River and Shenandoah facilities in the back half of the year, with ongoing negotiations for product distribution [46][47] Question: Renewable corn oil pricing and market dynamics - Management believes that renewable corn oil will trade at a premium as supply tightens and demand increases, with ongoing discussions to monetize their oil effectively [59] Question: Regulatory hurdles for the Summit project - Management indicated that the Summit project is focused on agricultural carbon and is working through regulatory processes, with optimism about future carbon infrastructure opportunities [62]

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 June 30, 2021 Commission File Number 001-32924 GREEN PLAINS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 1811 Aksarben Drive, Omaha, NE 68106 (402) 884-8700 Non-accelerated filer ...

BMO Capital Markets Farm to Market Conference May 19-20, 2021 Forward-Looking Statements This presentation includes forward-looking statements that reflect management's current views of company performance, industry conditions and future economic environment. These statements are based on assumptions and various factors that are subject to risks and uncertainties. Green Plains has provided additional information about such risks and uncertainties that could cause actual results to differ materially from tho ...

Credit Suisse Renewables and Utilities Conference May 13-14, 2021 Forward-Looking Statements This presentation includes forward-looking statements that reflect management's current views of company performance, industry conditions and future economic environment. These statements are based on assumptions and various factors that are subject to risks and uncertainties. Green Plains has provided additional information about such risks and uncertainties that could cause actual results to differ materially from ...