Limestone Calcined Clay Cement (LC3) Clinker Capacity Share Kiln Heat Demand 2050 Captured CO2 100% ADP 2023 250 272 Central Scenario 80% ear 200 y / t 60% es M l l u a o 150 ot aj 51 Mt T 40% pet of 100 % 20% 50 0% 5 0 5 0 5 0 0 02 03 03 04 04 05 2025 2030 2035 2040 2045 2050 2 2 2 2 2 2 ADP 2024 100% 250 Central Scenario 80% ear 200 197 y / t 60% es M l l u a o 150 ot aj T 40% pet 24 Mt of 100 LC3 % 20% Direct Separation w/CC Retrofit 50 Oxyfuel Biomass w/CC 0% Oxyfuel Gas w/CC 4 0 5 0 5 0 0 Conventional 02 03 03 04 04 05 2024 2030 2035 2040 2045 2050 2 2 2 2 2 2 © 2024 by Evolved Energy Research 12

Annual Decarbonization Perspective 2024 - Page 12 Annual Decarbonization Perspective 2024 Page 11 Page 13