Carbotura: Pioneering Circular Manufacturing for Critical Materials
$15 Million Convertible Note INFRASTRUCTURE PLATFORM INVESTMENT
Carbotura: Modular circular manufacturing platform converting municipal waste into strategic materials, including battery-grade graphite
SITE 1: $481M/30-year contract with Pennsylvania (AA-rated)
PIPELINE: 4 additional sites in advanced development
SITE 1: Pennsylvania — $481M Contract, AA-Rated, Executed
Contracted & Bankable
Designed to remain cash-flow positive under conservative downside operating assumptions.
Counterparty & Contract
  • Pennsylvania Government Entity (Moody's Aa2, Fitch AA, S&P A+)
  • 30-year Take-or-Pay contract executed
  • Guaranteed Revenue: $16M/year average over contract life ($10.95M Year 1)
  • Feedstock Guarantee: 400 TPD MSW (30 years)
Proven Reserve Valuation
  • Total Feedstock: 4.38M tons (30-yr supply)
  • Recoverable Value: $1.87 Billion
  • Valued using mining-style reserve methodology (NI 43-101 analog)
Site Economics
  • Guaranteed Revenue: $16M/year (Avg)
  • Projected Materials Revenue: $174M/year
  • Total Annual Revenue: $185M
  • Enterprise Value (DCF): $1.0-1.2 Billion
  • Equity NAV (post-debt): $580 Million
Project Status
  • ✓ Contract executed
  • ✓ Environmental Permits: In Application
  • ✓ Site Controlled: Yes
  • ✓ Construction Ready: Q3 2026
FEEDSTOCK AGREEMENT
  • PA Delivers: 400 TPD MSW (guaranteed)
  • Carbotura Processes: Molecular Reformation
  • Output: Battery-grade Graphite + Materials
  • Classification: Manufacturing Feedstock (not waste)
Debt funding is conditioned on receipt of all required environmental permits; equity absorbs pre-permit risk.
Feedstock risk is mitigated by molecular-level processing that is agnostic to composition variability within MSW norms
The Collision (2 Problems)
Two crises are colliding
Strategic Materials Shortage
The graphite market is projected to double to ~$40B by 2031. 80% of this critical material is controlled by China, leading to tightening import regulations and supply chain vulnerabilities.
Growing Landfill Crisis
The global waste market is valued at $1.4 trillion. In the U.S., 200–300 landfills are projected to close in the next 5 years, with 42 million tons of waste shipped interstate annually, highlighting a rapidly escalating disposal challenge.
Result: Today we bury future critical materials in landfills and keep importing them from overseas.

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CLASSIFICATION: ADVANCED MANUFACTURING FACILITY Not waste processing | Not recycling | Not waste-to-energy Product manufacturing with diverse feedstock inputs
What Carbotura Does (Solution)
From unsorted trash to strategic materials
Carbotura builds modular circular manufacturing plants that:
Input Feedstock (Wastes to some people)
Take in unsorted municipal solid waste (no pre‑sorting or special handling)
Molecular Reform
Use our proprietary Recyclotron reactors to reform it at the molecular level
High-Value Output
Output high‑value, low‑carbon commodities: carbon black, activated carbon, graphite, hydrogen, metals, glass, purified water and more
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PLATFORM DEPLOYMENT
Factory-built modules deployed in 6-12 months Data center construction model Repeatable across 100+ qualified sites
CIRCULAR MANUFACTURING PLATFORM (Not Waste Processing - Advanced Materials Production)
Carbotura operates circular manufacturing facilities that accept diverse feedstock (including MSW) and perform molecular-level reformation to produce battery-grade graphite and strategic materials.
KEY DISTINCTION:
✓ Chemical processing plant (not waste facility)
✓ Product manufacturing (not waste treatment)
✓ Advanced materials production (not recycling)
✓ Modular factory deployment (not landfill diversion)
COMPARABLE INDUSTRIES: • Chemical manufacturing (Dow, BASF, Eastman) • Battery materials (Albemarle, SGL Carbon, Graftech) • Advanced materials (Applied Materials, Linde) • Hydrogen production (Air Products, Air Liquide)

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Proven Hardware: Pilot Systems Operational
Real equipment, real results: multiple pilot systems at 3rd party site, largest commercial size at 950L capacity, multi-phase, 30-600kW
Larger Systems
Pilots validate molecular conversion physics, materials balance, and continuous operation—not commercial throughput.

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Carbotura's Regenesis Protocols
The result: >99% material recovery (mass-balanced), Closed-loop, no atmospheric discharge (no stacks), and carbon-negative operations (net lifecycle basis) that turn a costly waste problem into a domestic supply of strategic materials

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Technical Briefing: Carbotura Regenesis Platform
Our core mission is to transition global waste management into a Circular Materials Manufacturing (CMM) hub through advanced molecular deconstruction.
The Recyclotron™: Core Technology
  • Utilizes Microwave Catalytic Reforming (MCR) at 915 MHz within an anoxic vacuum environment. This achieves molecular deconstruction at ~550°C, breaking feedstock into basic atomic building blocks (carbon, hydrogen, and industrial chemicals) without combustion.
  • Precision is powered by NVIDIA RTX Multi-Physics Digital Twins for over 90% predictive accuracy in material yield modeling
Integrated Manufacturing Workflow
  • Pregenesis™: Feedstock preparation, including shredding, sorting, and extraction of metals and Liquifact™.
  • Regenesis™: The primary molecular conversion phase using electromagnetic energy to create high-purity crude material streams.
  • Refining: Post-conversion processing using Standard Industrial Refining Technologies to upgrade crude outputs into specialized materials (Graphite, Graphene, Hydrogen). All downstream components carry Tier-1 Vendor Certifications.
System Readiness & Environmental Impact
  • Commercial Readiness Status
  • Core reactor technology: TRL 8 (Integrated pilot demonstrated)
  • Downstream refining: TRL 9 (Tier-1 industrial equipment)
  • Facility integration: First-of-kind commercial deployment
  • Deployment risk mitigated via phased modular commissioning
  • Atmospheric Protection System (APS): A closed-loop system eliminating chimneys and flaring, with all process gases captured, scrubbed, and repurposed.
  • Resource Efficiency: Net energy positive after startup operations (steady-state) requiring No continuous external utilities post-startup.
Scalability & Global Deployment
  • Modular Architecture: Deployable in 100 TPD (Tons Per Day) increments, allowing rapid scaling to meet municipal or industrial demand.
  • Global Compatibility: Designed to integrate seamlessly with "Smart City" infrastructures and feedstock supply chains via the Circular Advantage framework.

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Self-Sufficient & Modular Design
Fully Net Energy Positive After Startup
Facilities generate their own energy through integrated systems—no external power required. These are Net energy positive after startup operations.
Water Production
Produces purified water on-site, eliminating water supply dependencies.
Closed-loop, no atmospheric discharge
No stacks, no wastewater, no regulated waste stream liabilities, achieving Closed-loop, no atmospheric discharge.
Modular Scalability
Deploy in 100 TPD increments, enabling rapid expansion and phased investment.

Facilities scale in 100 TPD units, enabling rapid expansion without external utilities—perfect for regional deployment strategies.

✓ Certified module assembler (third-party validated)
✓ Sprung structure buildings (11-month deployment proven)
✓ No single lump-sum EPC exposure (reduces construction risk)

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Massive Market for Strategic Materials
$1.4T
Total Addressable Market
Global waste management sector transformation
$20B+
Graphite Market
Critical battery materials demand
$100B
U.S. Advanced Materials
Treatment and processing opportunity

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Growth Drivers
Battery Materials Demand
Graphite for electric vehicles and energy storage systems
Domestic Supply Chains
Reducing foreign dependencies and geopolitical risk
Sustainability Mandates
Regulatory pressure for circular economy solutions
Carbotura's Edge: U.S.-based alternative monetizing materials, data, and carbon credits while eliminating foreign supply chain vulnerabilities.

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Unit Economics: One 400 TPD Plant
One 400 TPD plant: ~$185M revenue, ~57% gross margin
GUARANTEED REVENUE (Investment-Grade)
  • Tipping Fee: $75/ton (Year 1) escalating 2.5% annually
  • 400 TPD × 365 days = 146,000 tons/year
  • Year 1 Revenue: $10.95M
  • 30-Year Total: $481M (with escalation)
  • Average: $16M/year over contract life
  • 30-year take-or-pay contract with AA-rated government entity (paid even if facility down)
Materials Sales (At Market)
  • Graphite & carbon products: $120M/year
  • Hydrogen & industrial gases: $35M/year
  • Metals, glass, water: $20M/year
  • Environmental credits (45Q, 45V, RINs): $10–90M/year (equity upside only; excluded from underwriting)
  • Total materials: ~$185M/year (modeled at 50% market discount)
TOTAL ANNUAL REVENUE: ~$185M
  • Guaranteed baseload: $11M (year 1 supports debt financing)
  • Materials upside: $174M (100% to equity after debt service)
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Gross Margin 57%
EBITDA Margin 31%-43%
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Scale target: $700M+ annual revenue at initial multi‑site rollout using the same unit economics.
Assumes long‑term intake & offtake on waste and materials; detailed model available under NDA.
Long-life components and periodic module refurbishment are fully included in OpEx and reserve modeling.

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Debt Is Sized on Contracted Revenue Only
Underwritten Base
  • $10.95M Year 1 guaranteed tipping
  • 2.5% annual escalation
  • 30-year take-or-pay
  • AA-rated government counterparty
Debt Structure
  • Senior debt sized to 1.5x+ DSCR
  • Covers full debt service without materials
  • Debt survives downtime events

All materials revenue is excluded from debt underwriting and flows entirely to equity.
This single slide converts:
  • Infrastructure debt → comfort
  • Sovereign capital → downside protection
  • DOE → prudence
  • Strategic equity → asymmetric upside

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Capex and Payback per 400 TPD Plant
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TOTAL SPV PROJECT COST: $225M
  • Building (Sprung structure): $25M
  • Module 1 (100 TPD): $50M → Deploy Month 1-6
  • Module 2 (100 TPD): $50M → Deploy Month 7-12
  • Module 3 (100 TPD): $50M → Deploy Month 13-18
  • Module 4 (100 TPD): $50M → Deploy Month 19-24
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CAPITAL SOURCES (Per Site)
  • Senior Project Debt: $160-175M (70-75%)
  • Secured by take-or-pay guarantee
  • Equity: $50-65M (20-25%)
  • From HoldCo Series A
  • Subordinated Debt: $0–25M (fully junior to senior project debt)
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RETURNS
✓ Payback: 4-5 years (50% materials discount)
✓ Equity IRR: 22-28% (levered returns)
✓ Debt DSCR: 1.5x+ (conservative sizing on guaranteed revenue only)
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MODULAR ADVANTAGE
✓ 30-50% faster than custom construction
✓ Factory quality control (modules tested before delivery)
✓ 15-30% cost savings vs. traditional build
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EXPANSION POTENTIAL (DISCUSSION ONLY - NOT MODELED)
  • Pennsylvania operates 2,000 TPD WTE facility
  • Active discussions for potential Carbotura replacement
  • Timeline: 5+ year horizon
  • Would represent 5x contracted capacity expansion
  • Not included in projections (conservative approach)

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Debt-Underwritten Base Case (Stress-Tested)
Project remains solvent without materials upside, credits, or full utilization
Conservative Operating Assumptions
  • 80% mechanical uptime
  • 25% materials price compression
  • No environmental or tax credits included
  • 6–9 month commissioning ramp
Results Under Stress
  • Guaranteed tipping revenue fully covers debt service (DSCR >1.5x)
  • Operating expenses funded without equity support
  • Materials revenue treated as upside, not underwriting
  • No refinancing required to maintain solvency
  • No financial covenant breaches under modeled stress conditions.
"The project is underwritten to survive adverse conditions; performance upside accrues to equity."
Completion & Construction Risk Containment
  • Phased module commissioning (100 TPD increments)
  • Revenue begins before full build-out
  • No single point of mechanical completion
  • Debt draw aligned to commissioned capacity
  • No lump-sum EPC exposure

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Development Pipeline: Expanding Our Footprint
Beyond our initial Pennsylvania site, Carbotura is actively developing a robust pipeline of future facilities, targeting rapid expansion across key regions.
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SITE 2: Jubail, Saudi Arabia
IN NEGOTIATION
  • Counterparty: Major Municipal Authority (AA+ rated)
  • Capacity: 400 TPD
  • Structure: Take-or-pay + feedstock guarantee
  • Guaranteed revenue target: $14-20M/year
  • Expected contract execution: Q2 2026
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SITE 3: Italy - 4 Regions
LOI RECEIVED
  • LOI from Italian national and regional authorities
  • Deployment expected in standardized 400 TPD increments.
  • Target contract execution: Q1 2027
  • Federal and EU Grant Support
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SITES 4-5: Active Pipeline
EARLY DISCUSSION
  • 4 governments in advanced contract discussions
  • 20+ signed Letters of Intent with municipalities
  • 100+ qualified sites identified nationwide
  • Target: 5 full-capacity facilities by Year 5
Standardized Contract Template
All future sites will leverage our proven Pennsylvania model for consistency and bankability:
  • 30-year take-or-pay structure
  • Government entity counterparty (target: A+ to AA credit, BBB- minimum)
  • Circular Offtake Guaranteed feedstock supply (400 TPD)
  • Carbotura retains >99% material recovery (mass-balanced) of all high-value materials

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Clear Path to Profitability
Carbotura holds the only proven approach that transforms municipal waste into strategic materials at molecular precision while generating infrastructure-quality returns with 30-year revenue visibility and No regulated waste streams liabilities.
Revenue Trajectory(Millions)
Financial model based on proven facility economics with $15M raise accelerating deployment timeline. Multiple revenue streams provide stability while scaling to $700M target.
PLATFORM DEPLOYMENT: 5-YEAR ROADMAP
Year 1-2: Site 1 Construction & Commissioning
  • Q1-Q2: Module 1 deployment (100 TPD)
  • Q3-Q4: Module 2 deployment (200 TPD total)
  • Revenue: $0-30M (ramp-up)
  • Status: Proving unit economics
Year 2-3: Site 1 Optimization + Site 2 Construction
  • Site 1: Modules 3-4 deployed (400 TPD full capacity)
  • Site 2: Construction commences
  • Revenue: $100-150M
  • Status: Validating deployment model
Year 3-4: Sites 1-2 Operational + Sites 3-4 Construction
  • Sites 1-2: Full operations (800 TPD)
  • Sites 3-4: Under construction
  • Revenue: $300-400M
  • Status: Scaling platform
Year 5+: 5 Sites Operational
  • Total capacity: 2,000 TPD
  • Guaranteed revenue: $54M/year (5 × $10.95M)
  • Escalates 2.5% per year
  • Materials revenue: $925M/year (5 × $185M) at all sites full capacity
  • Total: $980M annual revenue
  • EBITDA: ~$637M at scale (including higher-value products; incentives treated as upside)
  • Status: Operating platform with expansion optionality
KEY FINANCIAL METRICS (Year 5+)
  • Gross Margin: 57%
  • EBITDA Margin: 65%
  • ROE: 85%+ (levered, steady-state)
  • Free Cash Flow: $450M+/year
Margins shown reflect steady-state operations post-ramp across five sites.

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Financial Underwriting: Base Case & Upside
Carbotura's financial projections prioritize stability, ensuring profitability and debt service are secure even without incentive-based credits.
Conservative Base Case
  • All foundational underwriting excludes tax credits (e.g., 45Q, 45V, ITC).
  • Project economics and debt service are fully viable without these incentives.
  • Ensures a robust, self-sustaining financial model.
Upside Potential: Tax Credits
  • Credits like 45Q (carbon capture) and 45V (clean hydrogen) are treated as equity upside.
  • These incentives are not required for debt service coverage or core operational funding.
  • Offers significant additional return to equity investors, enhancing overall profitability.

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Government Partnerships & Strategic Funding
Debt-Relevant Government Support
Department of Energy (DOE) Title XVII
  • Target: Title XVII Loan Guarantee (Critical Materials)
  • Eligible: Domestic graphite (EV batteries), clean hydrogen, carbon capture
  • Potential: Up to $180M per site (80% of project cost)
  • Rate: Treasury + 100-150bps (~5.5-6%)
  • Status: Pre-application consultation (In Progress)
  • Timeline: 12-18 months to financial close
Green Bank Partnerships
  • Discussions underway with key state-level Green Banks for project financing and incentives
  • Pennsylvania: Strong local tax incentives & infrastructure support
Equity / Upside Support
DOE Grants
  • $50M Grant Applied for on Cooperative Critical Minerals Contract (Possible Award Q3-2026)
Federal Tax Credits (IRA)
  • 45Q: Carbon capture ($85/ton CO₂)
  • 45V: Clean hydrogen ($3/kg H₂, tier-based)
  • ITC: 30% on fuel cell systems
  • Annual Value: $7-20M per facility (conservative estimate)
Strategic / Sovereign Alignment
Strategic Rationale
  • Critical minerals domestic supply chain (National Security)
  • Waste diversion & circular economy (Climate Goals)
  • Rust Belt economic development (Political Priority)
  • EV battery materials independence (Trade Policy)
International Support
  • Site 2 (Jubail): Active state-level support from the Saudi Arabian government for sustainable manufacturing initiatives
EPA PRODUCT CLASSIFICATION
  • Status: Product manufacturing (not waste treatment)
  • Outputs: Commercial commodities (battery materials, hydrogen, metals)
  • Regulatory: Title V manufacturing source (not solid waste facility)
  • Precedent: Similar to scrap metal recycling → commercial products

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World-Class Team Driving Execution
Executive Leadership
Allen Witters - Chairman CEO
  • 35+ years in tech innovation & growth
  • Business and Technical Architect of NMCI (Navy Marine Corp Intranet)
  • Pioneered microwave catalytic reformation
John P. Arciero - CDO
  • Operations, facilities, and systems integration
  • Real estate development and technology deployment
Tyler Wood - VP Circularity
  • 20 years finance and zero-emissions strategy
  • Circular economy and sustainability leadership
Tom Pitlanish - COO
  • Lean manufacturing and Industry 4.0 implementation
  • Process optimization and systems integration
  • Extreme Rapid Deployment of Manufacturing Facilities
Capital Markets Team
Paul Camp
EVP Capital Markets
Shannon Law
EVP IR
Keith Symons
EVP Finance
Advisors
Jonas Wastberg
Advisor for AMEA region
Pär "Pelle" Malmhagen
Senior Global Advisor
Former President, Tower International ($2B manufacturing operations)
Steve Thomas
Senior Advisor - Regulatory Affairs
Series A Hires — Funded by This Round
The $15M note funds recruitment of critical roles as part of Phase 1 validation:
  • Chemical Manufacturing Advisor
  • VP Engineering - Advanced Materials
  • EPA/Regulatory Advisor
  • Battery Materials Advisor
Project execution is supported by a diversified vendor ecosystem of 110 qualified suppliers, including 7 strategic partners providing certified engineering, modular integration, factory acceptance testing (FAT), spares, warranty coverage, and lifecycle support, supplemented by independent engineering and lender technical advisors.

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Attractive Convertible Note Terms
$15M to Launch First Plants
We are offering a unique investment opportunity to accelerate the deployment of our modular circular manufacturing facilities, securing domestic supply chains for critical materials.
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Key Terms
  • Raise: $15M (expandable based on demand)
  • Instrument: 24-month convertible note
  • Interest: 8% per year, paid in kind until conversion or maturity
  • Minimum Check: $100K for qualified investors
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Conversion Structure
Qualifying Event: Series A equity raise of $75M+ at independently validated valuation
Dual Protection Mechanism: Noteholders convert at the MOST FAVORABLE of three prices:
  • Series A Price × 0.80 (20% conversion discount)
  • $500M Valuation Cap (downside protection)
  • Independent 3rd-Party Valuation × 0.80 (credibility floor)
This structure ensures investors always receive the best available price while providing independent validation of company value.
Implied Discount: 36-37% total discount including 24-month accrued interest
Valuation Cap Justification
  • The $500M cap reflects contracted asset value:
  • $481M PA contract alone generates $1.0–1.2B enterprise value on DCF basis
  • Independent third-party valuation (Duff & Phelps, Houlihan Lokey, Stout, or Kroll) will be completed pre-Series A
  • Milestone protections: Cap ratchets to $400M if key milestones are delayed
Capital Ladder: Your Investment Unlocks Project Finance
Capital Protection Principle
Project finance is structured on contracted revenue floors.
Equity returns are driven by performance, not assumptions.
Stage 1: Foundation Built
$7-8M founder capital invested ✓
Result: Proven technology, pilot systems operational
Stage 2: Validation & Scale (YOU ARE HERE)
$15M Convertible Note
Result: Independent valuation, Series A readiness, PA site Phase 1 complete
Stage 3: Project Finance Unlocked
Series A at $75-100M valuation → Project debt at $160-175M per site
Result: Full commercial deployment
Your $15M converts a $481M government contract into a financeable infrastructure project
This is not a merchant commodity plant, a landfill-dependent business, or a technology-first risk profile.

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Independent Valuation Process
Firm:
Nationally recognized valuation firm (Duff & Phelps, Houlihan Lokey, Stout, or Kroll)
Methodology:
DCF analysis + comparable company analysis + precedent transactions
Timing:
Completed 60-90 days prior to Series A pricing
Cost:
Borne by Company (~$50-75K)
Transparency:
Full valuation report provided to noteholders
Milestone Protections
Month 12:
Site 1 environmental permits obtained
  • If not achieved: Conversion discount increases to 25%
Month 18:
Site 1 construction commenced
  • If not achieved: Conversion discount increases to 30%
Month 24:
Maturity
  • If no Series A: Optional redemption at par + interest OR automatic conversion at $400M cap
Investor Rights
  • Quarterly financial statements and operational updates
  • Annual budget and cash flow projections
  • Notice of material contracts (>$1M)
  • Pro-rata participation rights in Series A
  • Information rights continue through Series A
Non-Qualifying Scenarios
Series A < $75M:
Note extends 12 months OR converts at $400M cap (investor election)
Acquisition:
Converts at greater of (1.5x principal + interest) or (cap/discount price)
Maturity:
Repayment at par + interest OR conversion at $400M cap (investor election)
This convertible note offers sophisticated investors institutional-grade protection through independent valuation while providing significant upside potential aligned with our rapid growth trajectory and infrastructure-quality asset base.
Forward-looking statements involve risks and uncertainties. Actual results may differ materially from projections. Investment subject to final terms in offering documents.

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Strategic Allocation of $15M
Note: This allocation provides for critical initial steps. The largest portion, 'Additional Project Development', offers flexibility for further strategic investments as specific needs and opportunities arise, including additional equipment, facility expansion, and technology enhancements beyond initial scope. Working Capital covers immediate operational needs and administrative overhead.
USE OF PROCEEDS: $15M CONVERTIBLE NOTE
PHASE 1: VALIDATION & DE-RISKING ($5M - 33%)
  • Independent Engineering Study: $750K
  • Environmental Permits (Site 1): $1M
  • Product Testing & Certification: $500K
  • Site 2 Development: $1.5M
  • Legal & Regulatory: $750K
  • Series A Preparation: $500K
PHASE 2: EQUIPMENT DEPOSITS ($4.5M - 30%)
  • Module 1 Deposit (Site 1): $2M
  • Long-lead Equipment: $1.5M
  • Sprung Structure: $1M
PHASE 3: WORKING CAPITAL ($4M - 27%)
  • Corporate Overhead (18 months): $2.5M
  • Site 1 Pre-Construction: $1M
  • Contingency: $500K
PHASE 4: PLATFORM DEVELOPMENT ($1.5M - 10%)
  • Sites 3-5 Pipeline: $750K
  • Technology Optimization: $500K
  • Business Development: $250K

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Join the Circular Manufacturing Revolution
Carbotura is not a technology bet.
It is an infrastructure platform with:
– Contracted downside protection
– Modular execution
– Sovereign-aligned material security
– Asymmetric equity upside
Contacts
Allen Witters, CEO
Paul Camp, EVP Capital Markets
Shannon Law, EVP IR
Keith Symons, EVP Finance
Next Steps
Schedule a discussion to review full investment terms, access NDA-protected technical details, and explore partnership opportunities. Join institutional investors backing the future of strategic materials manufacturing.
Share this opportunity with your network.

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Why Invest Now: 10 Reasons
Carbotura offers a compelling investment opportunity rooted in proven technology, strategic market positioning, and significant financial upside, addressing critical industry needs and global challenges.
1
INVESTMENT-GRADE ANCHOR
  • Pennsylvania AA-rated take-or-pay contract
  • $10.95M/year guaranteed (Year 1), escalates 2.5% annually for 30 years
  • $481M contracted revenue (Site 1 alone)
  • Average $16M/year with escalation
2
PROVEN RESERVE VALUE
  • $1.87B recoverable commodity value (Site 1)
  • 4.38M tons feedstock guaranteed (Minimum)
  • NI 43-101 methodology (mining industry standard)
3
DE-RISKED CONSTRUCTION
  • Certified module assembler (third-party validated)
  • Sprung structures (11-month deployment proven)
  • No single lump-sum EPC exposure (materially reduces construction risk)
4
PLATFORM SCALABILITY
  • 3-5 sites in development pipeline
  • Repeatable deployment model
  • 100+ qualified sites long-term
5
CAPITAL EFFICIENCY
  • 70-80% project debt (sized on guaranteed revenue)
  • Series A equity unlocks $650M-1B total capital
  • 4-5x leverage on equity returns
6
STRONG UNIT ECONOMICS
  • $185M annual revenue per site (mature state)
  • 57% gross margin, 65% EBITDA margin
  • 4-5 year payback at 50% material prices
7
CRITICAL MATERIALS FOCUS
  • Battery-grade graphite for EVs (national priority)
  • Domestic supply chain (China controls 80%)
  • DOE Loan Programs Office eligibility
8
REGULATORY TAILWINDS
  • IRA tax credits (45Q, 45V, ITC)
  • Bipartisan infrastructure support
  • State-level waste diversion mandates
9
CLEAR PATH TO LIQUIDITY
  • Series A in 9–12 months ($75–100M raise at independently validated valuation). Strong institutional investor pipeline. YieldCo/platform exit potential ($5–10B).
  • Strong institutional investor pipeline
  • YieldCo/platform exit potential ($5-10B)
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CONVERTIBLE NOTE ADVANTAGES
  • Upside participation (20% discount + cap)
  • Infrastructure returns (not venture risk profile)

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Carbotura
Redefining Sustainability
carbotura.com
This presentation is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer or solicitation will be made only by means of a confidential private placement memorandum and in accordance with applicable securities laws. Past performance is not indicative of future results. Investment involves risk, including possible loss of principal.

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