Company Overview with BenePlus

Confidential. The presentation is provided for the recipient only and cannot be reproduced or shared without LP Amina's express consent.

© 2017 LP Amina

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DELIVERINGCLEAN&PROFITABLEENERGYSOLUTIONS

3R&DCENTERS

6 YEARS$75M+

REVENUE

10+PATENTS*

50+GLOBAL

PROJECTS

Growth Though Innovation2

NOx

Emission Control Solutions Advanced Coal Technologies

LP Amina Overview

*PatentsandPendingPatents

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LPAgainedsignificantexperienceincoalplantemissionsreductionsandperformanceimprovementsoverthepasteightyearsinitsChinaoperations

LP Amina Overview (NOx I)

Wulumuqi3x50MW,LNB

Zhangshan2x300MW,LNB

Shajiao A3x300MW,LNB

Datang Heshan300MW,LNB

Pannan2x600MW,LNB

Fengtai300MW,Classifier

YangzhouShiyou2x75t/h,SNCR

Yangguang300MW,LNB

JiangsuYixing2x135MW,LNB

Wanglong2x100MW,LNB

GuangzhouPaper2x30MW,1x75MWSNCR

Juhua2x50MW,LNB

Taicang100MW,LNB

DalianHuagong25MW,Hybrid

JiangsuYixing3x60MW,Hybrid

HuanengLiaocheng2x330MW,SCR

HuanengHuangtai2x300MW,LNB

Hebei Xingtai330MW,LNB

Jiyang Thermal2x75t/h,SNCR

Jiulong Dongguan2x200MW,LNB

Shajiao C2x660MW,LNB

Shajiao A2x200MW,LNB

Zhuji Bafang25MW,SNCR

Jingneng Nengdong600MW,Classifier

Since2009,LPAminahascompletedoverfiftyprojectsinChina,achievingsuperbresultsandloweringNOxemissionsbelowtargetlevels.ThemapbelowindicatesthelowNOxburner+separatedoverfiredair(LNB),selectivenon-catalyticreduction(SNCR),LNB+SNCR+selectivecatalyticreduction(hybrid),andcoalclassifier projectscompleted.

NOx

COMPANYCONFIDENTIAL

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# Name Province Capacity UnitType Solution Targeted

EndDate

NOxEmissions(ppmvd@15%O2 OR lb/MMBtu)Before Target Actual

18 Caoqiao (BeijingEnergy) Beijing 2x1 CC700 MW HRSG SCR Q3,2011 25 3.75 3.2528 Jingfeng (Beijing Energy) Beijing 1x1CC410MW HRSG SCR Q3,2013 34 6.8 5.9

29-30 Liaocheng (Huaneng) Shandong 2330MW T-Fired SCR Q2,2014 0.44 0.07 0.0731 DalianChemical(DLHG,LLC) Jiangsu 175tph T-Fired LNB/SNCR/SCR Q2,2014 0.44 0.08 0.07

35-36 Yixing (Yixing Union) Jiangsu 250MW T-Fired LNB/SNCR/SCR Q2,2015 0.40 0.08 0.075

LP Amina’s Completed SCR Projects in China

Since2014,LPAhasbuiltagrowingUSbusinessfocusedonnaturalgasplantNOxreductions.Thecompanyhasalsobuiltexperienceincoalpost-combustionexperienceinChinapriortotheUS.

LP Amina’s Ongoing SCR & CO Projects in US

# Name State Capacity UnitType Solution TargetedEndDate

NOxEmissions(ppmvd@15%O2)Before Target

1 PandaPowerStonewall(NEM) VA 2x1 CC750MW HRSG SCR/CO/VOC Q1, 2017 13.5 2.0(1.85*)2 Oregon CleanEnergy(NEM) OH 2x1CC869MW HRSG SCR/CO/VOC Q2,2017 24.8 2.03 EagleValley(NooterEriksen) IN 2x1CC650MW HRSG NH3Skids/AIG Q2,2017 12.5 2.04 CarrollCounty(CMI) OH 2x1CC 750MW HRSG SCR Q4,2017 11.2 2.05 Lackawanna(CMI) PA 3x1CC1300MW HRSG SCR Q1,2018 25.0 2.06 Sunbury(NEM) PA 3x1CC 1064MW HRSG SCR/CO/VOC Q4,2017 12.8 2.07 MoxieFreedom(CMI) PA 2x1CC1050MW HRSG SCR Q4,2017 25.0 2.08 Lordstown (NEM) OH 2x1CC949MW HRSG SCR/CO/VOC Q1,2018 29.6 2.09 CPVTowantic (CMI) CT 2x1CC1050MW HRSG SCR Q4,2017 25/ 42(DO) 2.0/5(DO)10 Grayson(NEM) CA 21x1CC 75MW HRSG SCR/CO/VOC Q2,2019 45(30%) 2.0

LP Amina Overview (NOx II)

NOx

COMPANYCONFIDENTIAL

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Agenda

BenePlus Technology

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LPA’s Patent Pending BenePlus Technology Improves the Economic Viability of a Power Plant and Coal Assets

BenePlus Overview

Conventional Approach LPA’s BenePlus Technology

Coal Coal

Electricity ElectricityChemicals Emission Reductions

BenePlus enables existing power plants to co-produce electricity, valuable chemicals and reduce emissions.

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BENEPLUS IMPROVES THE VIABILITY OF COAL

Beneplus Overview

BENEPLUS PROCESS

Enhanced Coal

Fuel GasCoal

Power GenerationEfficiency Improvement

50%

SpecialtyChemicals

REDUCES POLLUTANTS60% TO 85%

$25 / TON COAL

$750 / TON PRODUCTS

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Process Validated at Lab and Pilot Scale in Collaboration with World-class Partners

BenePlus Development Efforts

Bayer Leverkusen

Lab Scouting: 2013-14PilotFacility:2015-17

Southwest Research Institute

Reactor section Product collection

BenePlus ProductSlateforlignitecoal

Lignitefeed,drybasis (Feed)VM,wt% 43.8Ash,wt% 14.5FixedC,wt% 41.8Sulfur,wt% 1.7Sulfuremissions,lbsulfur/MMBtuligniteburned 1.65HHV,Btu/lb,dry 10,103HHV,Btu/lb,asreceived 6,343Moisture,wt% 37.2

Syncoalproduct CharVM,wt% 25.4Ash,wt% 19.0FixedC,wt%(bydifference) 55.6Sulfur,wt% 0.7Sulfuremissions,lbsulfur/MMBtusyncoalburned 0.69HHV,Btu/lb 11,016Moisture,wt% 1.1Yield,lb/100lbdrycoalfeed 57.8HHVupgrade,HHVsyncoal/HHVfeedcoal,asrec'd 1.7ReductioninsulfuremissionsperMMBtu 58%Ashretained,lb/100lbashfed 76

Growth Through Innovation 9

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© 2016 LP Amina

The presentation is provided for the recipient only and cannot be reproduced or shared without LP Amina's express consent.

LP AMINAGrowth Through Innovation

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