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Presented By:. Joseph Scardino Sicong Song Anthony Yu. Michael Albert Dan Fleming. Edmond Chan Gurmer Chopra. About Company. Founded in Omaha, Nebraska in 2004 Vertically Integrated Ethanol Producer - Rockefeller Model

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  1. Presented By: Joseph Scardino Sicong Song Anthony Yu Michael Albert Dan Fleming Edmond Chan Gurmer Chopra

  2. About Company • Founded in Omaha, Nebraska in 2004 • Vertically Integrated Ethanol Producer - Rockefeller Model • 9 plants capable of producing 740 million gallons per year of ethanol • 4th largest Ethanol Producer 8th on Fortune 100's fastest growing company list

  3. Locations • Corporate office in Omaha, Nebraska • 9 Ethanol production plants • 3 Grain Storage Facilities • 8 Blendstar Facilities • 1 Third Party Marketing Plant • 1 Trade Office

  4. Leadership Todd Becker President, Chief Executive Officer & Director • President, Chief Executive Officer and Director • 20 years of experience in international trading • Over 10 years of experience at Con Agra Foods • Board of Director for Hillshire Brands Company Jerry Peters • Chief Financial Officer and Treasurer • Chief Accounting Officer of ONEOK Partners • KPMG CPA in 1985 Jeff Briggs • Chief Operating Officer • Founder/Chairman of Frigate Capital, LLP • 7 Year President - Valmont Industries

  5. Mission Values Plan: • Vertically Integrate Ethanol Production • Downstream Access Marketing Strategy of Ethanol Plants • Acquire Additional Ethanol Plants • Effectively use Subsidiaries to Diversify Products/Profit Mission Statement: To become a leader in the production of renewable energy, while increasing the value of our shareholders’ investments, enhancing our local and national economies, and improving the lives of our employees and neighbors.

  6. Products and Services • Ethanol • Marketing and Distribution • Distillers Grains • Corn Oil • Agribusiness • Ethanol • Distillers Grains • Marketing and Distribution • Corn Oil • Agribusiness

  7. Subsidiaries • Blendstar • Aides the energy industry in meeting the nation's requirements for cleaner energy • Green Plains Grain • Operates agribusiness segment. • Green Plains Trade • Responsible for the sales, marketing and distribution of all ethanol produced at our nine production facilities. • Blendstar • Aides the energy industry in meeting the nation's requirements for cleaner energy • Green Plains Grain • Operates agribusiness segment. • Green Plains Trade • Responsible for the sales, marketing and distribution of all ethanol produced at our nine production facilities.

  8. Accomplishment Rankings • North America’s fourth largest ethanol producer • Ranked 8th on Fortune’s 100 Fastest-Growing Company list in 2011 • Earned International Sustainability and Carbon Certification (ISCC) from SCS Global Services • North America’s fourth largest ethanol producer • Ranked 8th on Fortune’s 100 Fastest-Growing Company list in 2011 • Earned International Sustainability and Carbon Certification (ISCC) from SCS Global Services

  9. Article • "Corn Based Ethanol: A Win For Public Health and The Economy" • By William C. Holberg

  10. Stock Price Development

  11. Stock Price Development

  12. Market Ratios

  13. Liquidity

  14. Liquidity

  15. Activity -Increasing accounts receivable turnover ratio -Indicates efficient extension of credit and collection of AR

  16. Activity -Decreasing cash conversion days -Indicates effective management by using assets and liabilities to generate cash

  17. Solvency -Decreasing Debt to Assets Ratio -Indicates level of Debt in regards to assets is lower

  18. Solvency -Times interest Earned is decreasing -However, it is still above 1 and we are working to improve this ratio

  19. Profitability -Maintained net income while crops suffered from drought in 2012

  20. 12 Grain Elevators • Sold 12 grain elevators in December 2012 • Pre-tax gain of $47.1 million • Increased cash • Reduced long term debt and current liabilities

  21. First Quarter Comparisons

  22. First Quarter Comparisons

  23. Mergers and Acquisitions • 4/2010 - Green Plains Grain Company acquired TN assets • 10/2010 - Acquired Global Ethanol, LLC • 3/2011 - Green Plains Otter Tail acquired • 7/2011 - Green Plains acquired remaining 49 % interests in BlendStar • 1/2012 - Acquired additional grain elevator

  24. SWOT Strengths • Vertically integrated-- diversified profit • New and growing industry • Positive future projections Weaknesses • High effective borrowing rate • Volatility in crop prices Opportunity • High risk, high reward

  25. Competitive Strengths • Disciplined Risk Management • internally-developed real-time operating margin management system • Focus on Operational Excellence • Pursue Consolidation Opportunities with Ethanol Industry • Invest in Next Generation Biofuel Opportunities • Joint-venture with Bio Process Algae

  26. Equity Incentive Plan • Deferred Stock Units • Single-employer pension plan • creating loyalty • 401k retirement plan • matches up to 4% of employee • contributions

  27. Employee Benefits Health, Dental, Vision Life insurance Short-term/Long-term disability with full pay Flexible spending accounts Free Parking Business casual attire work environment

  28. Effective Tax Rate

  29. Deferred Tax Liabilities

  30. Ormat's Net Income Trend

  31. Stock Price Comparisons Week of May 25, 2009 •GPRE 4.40 •ORA 39.89 Week of May 25, 2013 •GPRE 16.00 •ORA 22.67

  32. Return on Investment

  33. Future Development • Expand Marketing and Distribution Activities • Develop or Acquire Strategically-Located Grain Storage • Pursue Consolidation Opportunities within the Ethanol Industry • Improve Operational Efficiency • Invest in Advanced Technology for Growing and Harvesting Algae

  34. Future Challenges • Changes in Governmental Regulations • Increased federal support of cellulosic ethanol • Industry penetration from oil companies • Price volatility of commodities

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