Deploying the PEM TM Waste Conversion System. Jeff Surma President and CEO

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1 Deploying the PEM TM Waste Conversion System Jeff Surma President and CEO

2 Presentation Overview What s New? S4 Energy Solutions, LLC S4/InEnTec Novel Gasifier S4 Energy s Gasification Solution S4 Energy s Commercialization Approach

3 S4 ENERGY SOLUTIONS LLC Driving Innovation of Clean and Flexible Energy Solutions

4 Overview of JV - S4 Energy Solutions Joint Venture formed to commercially deploy gasification technologies using waste feedstocks 50/50 Joint Venture between WM and InEnTec Venture Officially launched in February 2009 JV to operate in collaboration with, but independent of JV partners Headquartered in Houston, Texas

5 Waste Management Overview Headquartered in Houston, Texas Operations in 48 states, District of Columbia, Canada and Puerto Rico More than 45,000 employees Nearly 20 million customers Collect about 66 million tons of waste 273 active landfills Approximately 367 collection operations 103 recycling facilities 16 Waste to Energy Facilities producing approx 520 mw s, energy for 650, homes 111 Land fill Gas to Energy Facilities, producing approx 400 mw s, energy for 500,000 homes

6 InEnTec Overview Founded in 1995; located in Richland, WA Exclusive license for Plasma Enhanced Melter (PEM TM ) technology InEnTec has over 40 patents on PEM related technology PEM builds on 15 year $300 million dollar DOE-sponsored research conducted at Battelle (Largest not for profit R&D company in the US) Pacific Northwest t National Laboratory (PNNL) and MIT Proven Technology - installed seven commercial PEM TM systems Joint marketing agreements with Kawasaki Heavy Industries & Hitachi (Japan) Joint Venture (InEnTec Chemical) with Lakeside Energy for Chemical Industry Market

7 S4 Energy Differentiation WM Feedstock management and handling experience Feedstock preparation know-how WM Large national infrastructure Alternative disposal options Large disposal network Access and logistics of multiple waste streams Funding

8 S4 GASIFICATION SOLUTION Driving Innovation of Clean and Flexible Energy Solutions

9 Plasma Enhanced Melter TM (PEM TM ) Gasifier Feed Gasification Agent Solids Pre-Gasifier Zone Active Grate Gas Solids Separator Produced Ga as Gasification Agent Plasma Zone Melting Zone Thermal Residence Zone Syngas Glass Metals

10 PEM TM System Overview

11 InEnTec PEM TM Unit (Richland, WA)

12 S4 Standard Process Train Standard Process Train Range 25 TPD to 125 TPD 25 ton per day Process Train Roughly 80 Long x ton per day Process Train Roughly 80 Long x 40 Tall x 20 Wide

13 Low Dioxin Emissions Dioxin Emissions from Syngas Combustion Compared to EPA Haz Waste Incinerator MACT

14 Low Mercury in Syngas (1% spiked waste) Below DL

15 S4 COMMERCIALIZATION APPROACH Driving Innovation of Clean and Flexible Energy Solutions

16 S4 Energy Commercialization Strategy Small 25 tpd Segregated Waste Streams (2010) Medical Industrial E-waste Large Industrial ( ) Parallel 25 tpd trains 125 tpd Residential and Commercial Solid Waste (> 2011) 125 tpd Parallel 125 tpd trains

17 S4 Energy Commercialization Strategy Phased Energy Off-take Approach Syngas fuel Electric Power (reciprocating engines) Hydrogen Methanol Ethanol Other GTL options

18 Mass Balance Example (Varies with Waste Composition) Thermal Energy ~ 55 MMBTU/hr Waste Feed PEM TM Syngas Hydrogen Cleaning Production ~ 3 MMSCF/day 125 Tons/day Alcohol Production ~ gal/day Glass Metal Electricity Production ~ 3500 kw net

19 Summary S4 is in a unique position to provide holistic waste conversion and flexible energy solutions leveraging WM infrastructure t and InEnTec technology S4 is deploying small commercial plants focused on medical wastes and other segregated commercial and industrial wastes S4 is actively looking for sponsors and/or partners to develop the larger scale 125 tpd solid waste facilities

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