19. Business Lunch Klimaplattform der Wirtschaft Zürich - Laurent Müller

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Company presentation

Laurent Müller

Director Corporate Partnerships

21. Mai 2024

Our solid solution to fight global warming

A proven technology

We develop, build and operate DAC plants. We have unrivalled operational experience across different climatic conditions.

To remove CO2 from the air And scaling up

We return the air-captured CO to ₂ earth by storing it safely and permanently underground.

We have an acceleration plan to increase our capacity to megaton scale by 2030, enabled by our modular and scalable technology.

12 December 2022
Public
CO2-filtered air Ambient air CO2 for storage January 2023
is how our technology solution works
This

How our technology works

Phase 1

Phase 2

• The air is drawn with a fan into the collector where the CO is captured on ₂ a filter material.

• The collector is then closed the temperature is increased up to 100 °C to release the CO₂, to be collected for storage.

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What is direct air capture (DAC) and mineralization?

Energy supply, direct air capture and storage with Climeworks’ Orca

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Public

Direct air capture and storage (DAC+S) vs. carbon capture and storage (CCS)

CDR via DAC+S removes CO2 directly from the atmosphere, resulting in negative emissions

CCS captures fossil CO2 at point sources before it enters the atmosphere & stores it, resulting in avoided emissions

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A B A B

Climeworks offers one of the highest-quality carbon removal solutions

Permanent

CO2 is removed from air & stored for 10,000+ years.

Additional

We remove net CO from the ₂ atmosphere, only enabled by our customers.

Verified, soon certified

First & only 3rd party verified CDR via DAC+S based on independently validated methodology.

Puro certification of Orca in H1 2024

Scalable

Our technology is modular and has a low land footprint.

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Over 160 corporate climate leaders trust Climeworks

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Climeworks’ Snapshot

Since 2009

>15 DAC facilities

Including the world’s only commercial DAC+S facility Orca

450+ Climeworkers dedicated to fighting global warming

> 120,000 hours operational experience

$810m raised

10x scale-up steps already delivered multiple times

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12 Iceland - Hellisheiði 2 0 2 1 B y 2 0 3 0 Volume production Proven technology Develop technology Scale up 2 0 1 7 2 0 2 4 Switzerland - Hinwil Iceland - Hellisheiði World’s first operating plants: megaton scale by 2030 USA - Louisiana
2 (e.g., Norway)
3 (e.g., Middle East) Source: Company disclosure Confidential
Hub
Hub

Climeworks’ global projects & activities

• Newest and largest DAC+S plant (36,000 t/y nominal capture capacity)

• US Department of Energy selected three Climeworks projects

• First DAC+S plant (4,000 t/y nominal capture capacity)

• First commercial DAC facility in 2017 near

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12 December 2022 Norway Oman Ongoing project development work Operational plant Germany Austria Italy Switzerland United Kingdom Belgium Northern Lights •
CO2 project Orca
Orca
Zurich United States
projects
Full-chain
Capricorn
DoE
Iceland 44.01 • CO storage through ₂ mineralization Mammoth
Capricorn
Kenya Great Carbon Valley Agreement • Developing a large-scale DAC+S plant Research & exploration

Our vision

To inspire 1 billion people to remove carbon dioxide from the air

January 2023

Climeworks AG Birchstrasse 155 8050 Zurich, Switzerland +41 (0)44 533 29 99 contact@climeworks.com www.climeworks.com January 2023

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