Executive Summary

Blue Biofuels is a renewable fuels company commercializing a patented technology that converts abundant biomass into cellulosic ethanol, Sustainable Aviation Fuel (SAF), and renewable gasoline, with industry-leading carbon reductions.

Blue Biofuels Makes First Cellulosic Ethanol

Blue Biofuels
Inc. (“BIOF”) continues to make substantial strides in advancing its Cellulose-to-Sugar (CTS)
technology towards commercial scale. The company has achieved a significant milestone by
successfully producing its first batch of cellulosic ethanol, utilizing the cellulosic sugars created
from biomass on its CTS pilot line.

© 2022 Blue Biofuels, Inc.

© 2022 Blue Biofuels, Inc.