ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT • 15 FEEDSTOCK PRODUCTION AND TRANSPORTATION FUEL PRODUCTION AND DISTRIBUTION USE OF THE FINISHED FUEL A G & F O R E S T R Y S E C T O R R E N E W A B L E F U E L F A C I L I T Y T R A N S P O R T A T I O N F U E L C h e m i c a l I n p u t s E n e r g y I n p u t s M a t e r i a l I n p u t s P r o c e s s E n e r g y U s e Renewable Diesel: an affordable solution to reduce GHG emissions right now. • Life cycle analysis captures feedstock production and transportation, fuel production and distribution and use of the finished product. See page 111 for notes regarding this page. U.S. Heavy-Duty Long-Haul Vehicle Life Cycle Emissions 2022 Southwest Research Institute Study • Renewable diesel is a drop-in fuel, which means that it is 100% compatible with existing infrastructure and diesel engines, from light- to heavy-duty long-haul vehicles. This makes renewable diesel a viable solution to immediately reduce transportation GHG emissions without requiring a costly, time-intensive and CO 2 - emitting infrastructure build-out as with EVs. • Our renewable diesel is typically made of waste materials and manufactured in jurisdictions with strict environmental, labor and governance regulations. • Unlike with EVs, owners of vehicles running on renewable diesel do not incur a high up- front cost to replace their current vehicles, nor the expenses related to charging and other new infrastructure needed to support an EV. • As detailed on the right, a vehicle running on renewable diesel can significantly cut life cycle GHG emissions compared with an EV. Battery Electric Vehicle Diesel Engine with Renewable Diesel Embedded Emissions (zero miles traveled) 1,600 1,400 1,200 1,000 800 600 400 200 0 500,000 Miles Traveled 1,000,000 Miles Traveled 57% fewer emissions than an EV after 1,000,000 miles traveled Tons CO 2 Tomorrow is built on actions taken today. We are committed to meeting the growing demand for reliable, affordable low-carbon fuels.