a breakthrough in clean energy…

1. a breakthrough in clean energy… Footer text here

2. Disclaimer Certain statements made in this presentation are forward-looking statements that involve risks and uncertainties. These forward-looking statements reflect the Company’s best judgment based on current information, and although we base these statements on circumstances that we believed to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the results and expectations discussed herein. Any number of factors could cause Elementa’s actual results to differ materially from those anticipated in forward-looking statements including, without limitation: global and North American political decisions related to alternative energy; technological developments; competitive actions; foreign exchange rates and particularly the value of the Canadian dollar; plant operating performance; capital investments, project execution problems and the related effect on performance; substitute technologies; natural gas prices and usage; electricity prices in various jurisdictions; raw materials availability and prices; changes in environmental, tax and other laws; North American and global economic performance and political developments; and fluctuations in interest and lending rates. Elementa - Confidential

3. Corporate OverviewOctober, 2013 Future Elementa Commercial Demonstration Plant In Sault Ste. Marie ON - SSM CDP. Converting 50,000 tonnes of MSW into 9.5 MW of Clean Power. Elementa - Confidential

4. Elementa – the right time Landfills are no longer acceptable and harm our environment. Elementa – no landfill, combustion free technology. Clean Energy - we need enormous amounts of it in all forms. Elementa has the technology to efficiently create every energy product required globally. Climate Change - Technology needs to act fast – solve the biggest global challenge ever. Elementa technology is designed to substantially reduce GHG’s. Elementa - Confidential

5. Elementa at a glance. Elementa at a glance Elementa Group Inc. • Public non reporting Ontario corporation • Approximately 150 shareholders • Incorporated in 2003 • Head Office Niagara-on-the-Lake, Ontario Commercialization Journey • Focus of company has been on perfecting the technology not promoting • Sault Ste Marie Ontario Pilot Plant • Waste Agreement signed with City of Sault Ste Marie • Power Purchase Agreement with Ontario government • Final stages of Certificate of Approval from Ministry of Environment International Application • Elementa’s platform technology will play a key role in providing economically viable clean energy sources for global economies • Advanced economy countries • Emerging economies • 3rd world countries 5 Elementa - Confidential

6. Elementa Value Proposition Commercial Value Proposition • On a life cycle basis Elementa’s technology cost is 3.3 cents/KW with no gov’t funds – comparable to conventional power generation Competes with conventional power generation. • Elementa’s technology is a solution for three of the world’s most pressing environmental problems: • Waste management • Generating cost competitive sustainableclean energy • Climate change Eliminate Landfill . • Elementa’s process is based on a proven chemistry - Steam Reformation: • New technology applied to old well-known chemistry • Modular and scalable • Robust off the shelf systems & equipment • Surpasses stringent emission standards NO Incineration • Elementa has: • A proprietary & patented process • Demonstrated experience and validated success • Global clients and world class partner relationships, with a rapidly growing list of potential projects based on Elementa’s results to date Proven & Patented . 6 Elementa - Confidential

7. Elementa in the News Capital raise • Recent media articles on Elementa: • http://www.battelle.org/media/press-releases/battelle-wins-two-energy-awards • http://www.waste-management-world.com/articles/2013/11/steam-reformation-waste-to-energy-technology-wins-u-s-defense-award.html • http://www.saultstar.com/2013/11/05/kudos-for-elementa • http://www.enertechcapital.com/management.asp • http://www.internationalresourcejournal.com/resource_in_action/dec_13/elementa_group.html 7 Elementa - Confidential

8. A look at Elementa Group Inc. - Existing Capitalization Capital raise • Sources of capital • Sale of common shares $15.0m • Notes payable note 1 $1.7m • Convertible debentures note 2 $.7m • Total $17.4m • Accrued interest on debt $.3m • $17.7m • Common shares issued and outstanding 47m • Common share warrants and options outstanding 5.4m • Other share classes issued none • Note 1 – $1.1m is with the SSM CDP equity investor, $.6m is with private equity firm that has a technology that could be a potential JV partner with Elementa • Note 2 – 3 debentures of which 50% of total is held by members of Elementa’s B of D 8 Elementa - Confidential

9. Capital raise Corporate Capital Raise Approach • Raise capital as needed, under favourable conditions to • minimize dilution and increase share value • Current capital raise of $10M of which $3m are Flow Through Shares • Planned use of funds • Cash reserve for corporate burn $2.2M • SSM CDP related payables $.7M • Corporate payables $1.1M • Pay down corporate debt $2.0M • Investment in SSM CDP $4.0M • Close Q1 2014 • Next capital raise Q1 2015 of $15M, target share price $5.00 3m shares issued for a dilution of 5% 9 Elementa - Confidential

10. Elementa - increasing shareholder value • Corporate Share Value Increase: to 2017 major equity market capital raise based on major milestones 2017 $425m raise @$17.00 /share, Q4 ‘13 Q1 ‘16 $30m raise target @ $10.00/share, dilution of 5% Q4 ‘14 $15m raise target @$5.00/share, dilution of 5% Q1 ‘14 $10m raise, price TBD, estimated dilution of 11% Sign PPA SSM CDP steady state SSM CDP Construction 2nd plant construction 10 Elementa - Confidential

11. Via Business Model Rollout Plan Business model is market JV partnerships where Elementa will earn technology licensing from the plants and share of profits along with JV partner. • Elementa has minority ownership position • under contract Elementa provides certain services during construction and ongoing operational management once commissioned • Elementa earns performance bonuses and dividends Phase 1 First 8 plants • Elementa less involvement at plant level compared Phase 1 • Elementa creates JV entities in 3-4 selected markets with market partners for development of plants within market territory owned by the JV entity • market partners have engineering, gov’t relations, BD, and financial capabilities • Elementa earns license and engineering fees from plants, a per plant market fee from JV entity partner and royalty and/or share of plant profits via the JV entity Phase 2 Next 7 plants • Elementa little involvement at plant level • Elementa creates other JV entities in remaining markets with market partners for development of plants within market territory owned by the JV entity • market partners have engineering, gov’t relations, BD, and financial capabilities • Elementa earns license and engineering fees from plants, an up front market fee from JV entity partner and royalty and/or share of plant profits via the JV entity Phase 3 Full business model implementation Elementa - Confidential

12. Elementa Plant Rollout Plan - MSW to power Phase 1 - 8 plants Total Capital $630M Phase 2 – 7 plants Total Capital $950M Phase 3 – future plants Total Capital $2,130M Elementa - Confidential

13. Elementa Group Inc. projected Income Statement In millions of $’s except for per share value 2013 2014 2015 2016 2017 2018 2019 2020 Revenue (note 1) Engineering fees 0 2.0 6.0 16.0 0 0 0 0 License, EP fees 0 0 0 0 48.8 74.0 116.0 171.0 Technology development fees     4.0 9.5 17.5 17.0 18.0 20.0 25.0 Total Revenues 0 6.0 15.5 33.5 65.8 92.0 136.0 196.0 Operating Expenses Engineering 1.4 1.8 3.3 4.9 6.9 8.7 10.5 12.3 Bus.Dev. .2 1.0 1.9 3.0 4.8 6.1 7.1 8.3 G&A 1.2 3.0 4.6 6.3 8.4 10.4 12.1 14.0 R&D plants 0 .2 1.3 1.9 2.4 3.0 3.0 3.0 Total Expenses 2.8   6.0 11.1 16.1 22.5 28.2 32.7 37.6 EBITDA (2.8)   0 4.4 17.4 43.3 63.8 103.3 158.4 Depreciation 0 .5 2.0 2.6 2.6 3.7 4.5 5.1 Profit before tax (2.8)   (.5) 2.4 14.8 40.7 60.1 98.8 153.3 Taxes 0 0 0 0 2.5 16.0 26.2 40.6 Net profit (2.8)   (.5) 2.4 14.8 38.2 44.1 72.6 112.7 Stabilization period per share value using average $20.51 $33.70 $52.31 of 5 publically traded waste management companies Oct 2013 earnings per share multiple Note 1 – Elementa will not earn revenue from royalty and/or dividends from plant operating results because these revenues fall outside the projection period, i.e. they start in 2021. 13 Elementa - Confidential Footer text here

14. Projected Increase in Share Value: to 2017 major equity market capital raise and Beyond Value increases with Technology Platform & commercialization of new products. Share Value Increase $100.00 $75.00 $50.00 $40.00 $30.00 $25.00 $20.00 $17.00 Increase from fossil fuels to all outputs N EW MARKETS Market capital raise Increase from Waste to Hydrogen Today Increase from Waste to Synthetic Green Fuels &Chemicals Increase from MSW to Power 2018 2020 2022 2024 2026 2028 2030 See Platform Technology Slide 15 Elementa - Confidential

15. Bio Energy Companies: Post IPO performance and implications for Elementa All 4 bio-energy company have a technology to convert a singe feedstock grouping - biomass to produce one output group - petroleum based products, fuels and chemicals Industrial synthetic biology platform to convert plant sugars into flexible building blocks that can be used in a wide range of products. Share price Using a combination of synthetic biology and chemistry produces isobutanol, a platform chemical for the liquid fuels and petrochemical market Proprietary technology platform to convert biomass into renewable crude oil . Market value stabilization Feedstock flexible platform using standard industrial fermentation equipment to efficiently scale and accelerate microalgae's natural oil production time to just a few days. Elementa converts at least 4 feedstock grouping into 5 output grouping for a maximum of 20 input/output combinations. The average market value of one input/output combination at $4.23 per share or enterprise value of $300M, therefore Elementa’s share price should be $111 (Platform Technology Business). See Platform Technology Slide 17 Elementa - Confidential

16. Technology Overview – process schematic Elementa’s Patented Technology U.S. Patent No. 7,794,689 “Method for Steam Reforming Carbonaceous Material” A process technology used to convert waste to clean syngas. No combustion occurs and H2O is used to create clean energy from waste. Cleaned Syngas Indirect Heating H2O MSW COMBUSTION FREE No Oxygen FEEDSTOCK Syngas Waste MSW & Bio-Solids Biomass Green Fuels & Chemicals Power Hydrogen Fossil Fuels Cleaned Syngas CARBONACEOUS MATERIAL CLEAN ENERGY MATRIX Elementa - Confidential

17. Platform Technology: Projected economics of converting MSW to 6 energy products* Elementa’s Business Model Use the Technology Platform as a driver for establishing highly profitable business opportunities. Opportunities are based upon market and geographical conditions. The chart assumes best global economic conditions. Power Hydrogen Syngas Ethanol Methanol Diesel Elementa’s Platform Technology: investment grade potential beyond MSW to Power – a unique business potential. Bio Fuels *300,000 tonne of MSW per year plants at selected markets 17 Elementa - Confidential

18. Projected Elementa Share Value Increase using established metrics 2014 2015 2016 2017 Average value using 5 metrics; • 9.9% cap rate of cash flow $.01 $.20 $.56 $1.30 • Multiple of Net Income per share (note 1) $.00 $.38 $1.71 $4.43 • Discounted NPV of future cash flow – 8% $3.59 $3.78 $3.02 $3.27 • NBV plus 8 multiple of Net Income (note 1) $.05 $.37 $2.07 $3.34 • Per share value $3.65 $4.73 $7.36 $12.34 Elementa enterprise value $204m $278m $595m $997m Enterprise value increase from additional Feedstock output combinations ( 67% of current market valuation) • Biomass to electricity $200m $200m $200m • MSW to hydrogen $200m $200m • MSW to diesel $200m • $200m $400m $600m • Total enterprise value $204m $478m $995m $1597m • Number of shares outstanding 55.8m 58.7m 80.9m 80.9m • Per share value $3.66 $8.14 $12.30 $19.74 • Projected capital raise share value $5.00 $10.00 $17.00 • Inputted option value of future earnings $1.34 $1.86 $4.70 • Note 1 – Oct 10 2013 listing information of the average of 6 publically traded waste management companies stock symbols as follows WM, RSG, CLH, WCN, SRCL, DAR Elementa - Confidential

19. Elementa’s First Plant - Sault Ste Marie Commercial Demonstration Plant (SSM CDP) • Key Metrics • Capital cost $54m • Tonnes of waste processed 50,000 • MW produced 9.5 • Average annual revenue $13.5m • Average annual EBITA $4m • 20 year waste agreement with city signed • site selected and offer to purchase in place • Certificate of Approval in final stages • 20 year PPA with government of Ontario • Investor secured • indicative debt term sheet from Cat Finance • SDTC (Federal) grant application for $9m at board approval stage • CCEMC (Alberta) grant application submitted for $10m • IDF (Ontario) grant application to be submitted in October 12 for $5.5m Elementa - Confidential

20. Projected SSM CDP Capital Costs & Gov’t Funding Land and building $2,990,000 Engineering $8,409,000 Waste handling equipment $2,637,000 Elementa process and gas cleaning equipment $9,859,000 Power generation equipment $15,012,000 Misc equipment $4,342,000 Contingency (10%) $4,325,000 EPCM (15%) $6,487,000 Total $54,061,000 Governments grants and status SDTC - past stage 2 at approval stage $8,929,000 IDF – preparation for submission in Oct $5,500,000 CRIBE – previously approved for $900k $1,850,000 IRAP – approved previous submissions $1,250,000 NOHFC – 50% approved $1,000,000 Total $18,529,000 Government loans – NOHFC $1,000,000 Total government funds $19,529,000 Net Capital Cost to be financed $34,532,000 20

21. Projected SSM CDP Financing Net capital cost to be financed $34,532,000 Capital lease on front end equipment $2,000,000 Debt on land, building $2,000,000 Toromont owning power island $15,012,000 $19,012,000 Remaining capital cost to be financed $15,520,000 Elementa equity $5,000,000 Debt to be provided $10,520,000 Cat Finance $5,270,000 EDC $5,270,000 Elementa - Confidential

22. Projected SSM CDP Financials 20 yr annual average Revenues Electrical $7,412,000 Tipping fee $4,952,000 Other $1,114,000 Total revenue $13,478,000 Operating costs Labour $3,290,000 Consumables $4,311,000 Maintenance and other $1,623,000 Total operating cost $9,224,000 EBITDA $4,254,000 Cash Flow $2,021,000 Capex $54,061,000 Government funding $19,529,000 Net Capex $34,532,000 Equity $5,000,000 Debt and capital lease $14,520,000 Key performance indicators EBITDA Return net capex 12% Equity cash flow before principal IRR 10% Debt interest & term 8%, 10 years DSCR in lowest yr 1.3 in 2024 Debt % of non leased capex 30% Avg electricity production 9.5mw Waste processed/yr 56,160 MT 22 Elementa - Confidential

23. Projected Elementa Plant Financials at full scale 20 yr annual average (000’s $) Revenues Electrical $55,786 Tipping fee $30,263 Other $ 3,317 Total revenue $89,366 Operating costs Labour $9,870 Consumables $32,233 Maintenance and other $16,430 Total operating cost $48,533 EBITDA $40,833 Cash Flow $22,379 Capex $198,045 Equity $49,511 Debt and capital lease $148,534 Key performance indicators EBITDA Return net capex 18.9% Investor cash flow IRR 36.2% Debt interest & term 7%, 15 years DSCR in lowest yr 2.5 in 2029 Debt % of non leased capex 75% Avg electricity production 64.5mw Waste processed/yr 300,000 MT 23 Elementa - Confidential

24. Via The Waste Challenge Eliminate Landfilling – Provide Clean Energy Key Market Challenges Waste generation levels are growing rapidly (over 2 billion tonnes per year and rising) Landfilling is no longer acceptable Communities are demanding clean technology Climate change issues are driving market conditions Energy security is a global concern Global requirements for clean energy is rapidly growing Meeting strict environmental permitting conditions • Elementa Solutions • Advanced Conversion Technology – no landfill • Economically viable in today’s market • Open community approach and outreach – a cleantech solution • Reduces Greenhouse Gases and Exceeds stringent environmental regulations • Alternative Energy Options – using waste, scalable design and adaptable outputs • Validated thermal-chemical process – pilot plant tested • Based on proven Germany processing systems with the Elementa technology Elementa - Confidential

25. Technology Breakthrough Your “bag of garbage” contains the elements to unleash a cleaner more sustainable world. A Patented Steam Technology: Combustion-Free - Unconventional Chemistry • Steam Technology Basics - known as the chemistry of “Steam Reformation”: • Indirectly heat “Waste” to 900oC • Nooxygen (therefore combustion free – no burning of waste) • Add water (already in the waste – moisture of garbage – unique value), and • Unleash an incredible, clean energy source called–“syngas” Elementa - Confidential

26. Electrical Efficiency Comparison: Elementa out performs other technologies & achieves “Grid Parity” The first plank of 6 energy products Mature Power Producers WTE Competitors Strong competitor advantages driving unique economic solutions in cleantech. Elementa - Confidential Footer text here

27. Elementa’s Technology Comparison – other WTE technologies Partial oxidation Elementa is clearly superior – why? Elementa is more efficient Gasification Incineration Plasma arc Pyrolysis Elementa Landfill Energy conversion efficiency Waste volume reduction Dioxin and furan emissions Capital cost $M/net MW Scalability and modularity Syngas heating value BTU/cubic ft Carbon in waste converted to syngas 60% 98% n/d 2-4 large 350 95% n/a nil n/a nil none nil nil 17% 85% large 9-14 some n/a n/a 30% 65% n/d 5-7 some 300 40% 30% 93% some 6-8 some 180 65% 25% 98% some 10-13 some 180 65% n/a – not applicable n/d – not detectable 27 Elementa - Confidential

28. Elementa Technology Partners EPC contractor for the front-end pre-treatment incorporating Vecoplan equipment. Supplier of gas turbines. First MSW gasification technology to operate with Caterpillar /Solar Turbines Supplier of front end processing equipment, including shredders, conveying and sorting.. EPC contractor for the Power Island incorporating gas turbine, HRSG and steam turbine. Engineering design company performing the detailed engineering on the gasification island and syngas cleaning system Supplier for the rotary kiln equipment. Establishing a research steam reforming platform to develop and prove new applications for the Elementa technology…... Over $400,000 in NSERC grants on a global scale. Collaborating on an approach for the separation and use of hydrogen in bio-fuel production using the Elementa technology with Battelle fast pyrolysis liquids 28 Elementa - Confidential

29. The reasons to invest in Elementa Reasons to Invest in Elementa • Significant share value increase potential • Well defined exit strategy (major equity market capital raise in 2017) • Exiting through the “valley of death” – a VC term for achieving commercial project stage • Completed development years – commercialization stage • World class partnerships – Caterpillar, Battelle, Toromont, U of T • Patented technology • Strong Platform technology to support high growth in multiple markets • Strong Core Management team 29 Elementa - Confidential

30. Summary & Next Steps • A proprietary, patented and proven technology ready for international growth: • Raise $10m ($3 million in FTS) growth capital and begin journey to a major equity market capital raise • Finalize the PPA agreement with the OPA (government announcement due in October 2013), Complete C of A work with MOE early 2014 and planned break-ground in early 2014; • Work with project partners to complete debt financing for SSM CDP with Caterpillar Finance • Select SSM CDP construction partner • Grow and secure project pipeline once SSM CDP ground breaking is underway, includes high growth market partners; • Finalize strategic partnerships for hydrogen and green fuels, working with global leaders such as Battelle; and others Elementa - Confidential

31. Contact Us Jayson Zwierschke President & C.E.O. jay@elementagroup.com Mobile: 905-325-1901 Garry Rawson CFO & VP Corporate Development grawson@elementagroup.com Mobile: 905-988-3260 Office Phone: 905-687-1900 31 Elementa - Confidential