Investment Overview March 2018 Confidential Disclaimer and Contact Information By accepting this presentation (the "Presentation"), you agree to be bound by the following obligations and limitations. This Presentation has been prepared by GTM (the "Company") for the sole purpose of assisting you in deciding whether to proceed with a further investigation of a potential investment by you in the Company's securities (the "Transaction"). This Presentation is for your information only and is not intended as an offer of, or a solicitation of an offer to buy or sell, securities, nor is it an offer to transact any product or service. None of this Presentation, its contents nor the Transaction is directed at or intended for use by, as the case may be, any person resident or located in any jurisdiction where (1) the distribution of such information is contrary to the laws of such jurisdiction or (2) such distribution is prohibited without obtaining the necessary licenses or authorizations by the relevant branch, subsidiary or affiliate office of the Company and such licenses or authorizations have not been obtained. The information and opinions expressed in this Presentation are based on information provided by the Company and on the views, beliefs, expectations and projections of, and certain assumptions held by, the management of the Company as of the date of this document and have not been independently verified by the Company. 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Factors which could cause actual results to differ materially from projected performance include, but are not limited to: delays in obtaining, or the inability to obtain, necessary permits and licenses, delays and increased costs related to the projects, the inability to acquire or maintain land use and access rights, the failure to receive contracted third-party services, interruptions at the projects, supply interruptions, work stoppages or labor disputes, weather interferences, unforeseen engineering or environmental problems, unanticipated cost overruns in excess of budgeted contingencies, and the failure of contracted third parties to perform as agreed, or at all. The Company faces risks related to project siting, financing, construction, permitting, the environment, governmental approvals and the negotiation of project development agreements. 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Confidential -1- Agenda Confidential 1 Opportunity Overview 2 2 Introduction to GTM (GTM) 6 3 Methanol Applications & Market Opportunities 13 4 GTM Strategy Leading the way to next generation energy 22 -2- GTM is Well-positioned to be a Leader in the Next Generation of Clean Energy Natural Gas and Renewables expected to increase share in Global Energy Mix Source: BP Energy Outlook 2017 But storage and distribution are key challenges Confidential -3- Lowest Landed Cost in Asia is GTM’s Key Advantage 1 3 Lower Logistics Costs Lower CAPEX ULE and Modular (3.0) Next Generation (4.0) Economies of scale 2 Shorter distance Larger ships No Panama Canal tolls Lower Feedstock Costs Utilize low-cost North American natural gas GTM is developing a portfolio of methanol projects in North America and is well-positioned to be a preferred supplier to meet the growing demand in China for methanol:  as feedstock for petrochemicals, and  as clean fuels for industries and transportation Total Landed Cost (Unit: $/MT) Shipping Operating Cost Utilities Raw Material Capital Cost NW China Coal US Gulf Coast M1.0 M2.0 Confidential Middle East M2.0 NWIW-Kalama Project K M3.0 -4- NWIW-BC Project BC M4.0 GTM’s experienced management underpins successful development of projects with compelling economics Best-in-class Management Team Strategic site selection Local Relationships Development site selection securing feedstock, logistics securing offtake customers design & engineering permitting Confidential Best-in-class contracting Infrastructure Construction Investor Technology Operational Strategic Asian Market Access Down-sell Opportunities Capital at Risk credit quality of EPC -5- credit quality of offtake Project Risk Confidential 1 Opportunity Overview 2 2 Introduction to GTM (GTM) 6 3 Methanol Applications & Market Opportunities 13 4 GTM Strategy Leading the way to next generation energy 22 -6- Introduction – GTM Formation Milestones Nov 2008 Signing of GTM JV Contract Jan 2008 Premier Wen Jiabao and UK Prime Minister Gordon Brown witness signing of the GTM JV Framework Agreement May 2015 JM invested as a new shareholder Aug 2013 US Corp established as GTM subsidiary Jan 2009 Jiang Mianheng, VP CAS and Iain Conn, CEO BP Downstream jointly unveil GTM Jan 2015 Management buys BP’s stake  GTM, through its North American subsidiaries is developing a portfolio of methanol projects in North America.  GTM is also positioning itself as a preferred supplier to meet the growing demand in China for methanol as feedstock for petrochemicals and as clean fuels for industries and transportation Confidential -7- Introduction – CAS Holdings (CASH) State • CAS • CASH • Established in 2002 as an investment and asset management company engaged in the operation of assets of state-level public institutions. Business activities include: (1) direct investment, (2) investment management, (3) industrial integration, (4) supervision of companies and tech transfer. Holds ownership in 37 companies, 22 of which are listed with a total market capitalization of RMB 456.2 bn Investments Total Assets RMB 52.7 bil (USD 8.3 bil) Net Assets RMB 34.8 bn (USD 5.5 bn) Confidential -8- Introduction – Johnson Matthey Johnson Matthey is a leading specialty chemicals company underpinned by science, technology and its people Key Figures (Mar 2017) Sales £3.6 billion (USD 5.1 billion) Market Capitalization (Jan 2018) £6.18 billion (USD 8.83 billion) Operating Profit £513 million (USD 734 million) Number of Employees 12,200 Confidential Industries JM’s products and technologies are used in a wide range of industries around the world and have a positive impact on the environment, health and well being of millions of people every day. Environmental Automotive Chemical Pharmaceutical / Medical Recycling Oil, Gas and Refineries -9- Management Team Simon Zhang - Chief Executive Officer   Experience: 20+ years in energy & chemicals; BP and ExxonMobil, leadership in Solar, Petrochemicals, Asian fuel marketing, Group Strategy, Group Treasury, and Process Technology Education: BS, Tsinghua; MS, Purdue; PhD, UWisconsin; MBA, UChicago; CFA GTM GTM USA Yanning Luo - GTM/GTM VP, Engineering • Experience: 15+ years tech development, engineering design and project management; BP, project engineering manager and plant operation • Education: BS, Tianjin University; NEBOSH UK, level 3 Yongsheng Gan – VP, Technology • Experience: 15+ years petrochemical tech development, PDP, reactor design, scale-up, plant expansion, commissioning, startup, and project EPCM. Sinopec, BP • Education: BS, MS, Tianjin University Dinah Dong – Chief Financial Officer • Experience: 10+ years in in auditing, IPO and early-stage financial advisory; Roboterra Inc., Starr Strategic Partners • Education: BS, Fudan University; MBA, University of Virginia – Darden School of Business Hsien Xiong Wong – Director, Strategic Projects • Experience: 10 years in investments and portfolio management, corporate finance, project finance; NUS Endowment, Aten Capital, ACME (Solar) India • Education: B.Eng (Mechanical Engineering) & MSc Real Estate, National University of Singapore; CFA GTM CANADA Murray “Vee” Godley III – Chief Development Officer • Experience: 30+ years in project development and management; Sanders Bros; Industrial Piping • Education: Beaufort College, Electrical Engineering; North Carolina State, Physics 。 Edward Sappin – Chief Financial Officer • Experience: 20+ years in energy, private equity and technology; BP; Intel; New Asia Partners; JP Morgan; Credit Agricole • Education: BS, Wharton; MA, SAIS Kent Caputo – Chief Commercial Officer & General Counsel • Experience: 25+ years of public and private sector legal, development and operational executive; Patton Boggs, Miller Nash, Kalispel Tribal Economic Authority • Education: BS, JD, University of Puget Sound; LLM, Emory University Clay Riding – VP, Resources • Experience: 30+ years in energy. Extensive knowledge of Pacific Northwest; Puget Sound Energy and Williams, including power & gas trading and business development • Education: BS, University of Utah Phil Eastland – VP, Technology • Experience: 20+ years methanol plant commissioning, design, technical and commercial management with JM Davy, Involved in over 20 Methanol Projects globally • Education: BSC (Eng) ACGI from Imperial College London in Chemical Engineering Richard DeBolt – Director of External Relations • Experience: 20+ years in energy, economic development, stakeholder management, community affairs and as an elected State Representative, including time as party leader and other key positions • Education: University of Wyoming, Bachelor of Arts, International Relations Confidential - 10 - Jeffry Myers – President & CEO • Experience: 35+ years of experience in all aspects of the downstream energy sector; Westcoast Energy, co-founder Pristine Power • Education: Western University, University of Windsor Harvie Campbell – EVP, Commercial • Experience: 35+ years in the energy business with the last 25 focused on power project development, mergers and acquisitions; Westcoast Energy, cofounder Pristine Power, Clean Energy BC • Education: University of Alberta, Simon Fraser University Mary Hemmingsen – EVP & CFO • Experience: CPA with 25+ years of leadership experience in energy asset/portfolio management & related business and project development; BC Hydro, Brookfield, KPMG Partner–Global Head, Gas & LNG • Education: Simon Fraser University, Harvard Business School, CPA Fred Scott – EVP, Engineering • Experience: 30+ years of experience working in power and gas markets; CanWest Gas Supply, Westcoast Energy, EPCOR, Timberwest, Pristine Power • Education: Queen’s University, University of Alberta Top Tier Global Advisory Board Kevin Rudd Co-Chair Gary Locke Co-Chair President, Asia Society Policy Institute Australia’s 26th Prime Minister (2007-2010, 2013) & Foreign Minister (2010-2012)  Ratified Kyoto Protocol in 2007  Legislated 20% mandatory renewable energy targeted in 2008  Co-founder of G20 in 2009 to address the Global Financial Crisis Chair, Sanitation and Water for All (UNICEF) Choon Fong Shih Member David B. Sandalow Member Inaugural Fellow, Columbia University’s Center on Global Energy Policy  Directs US-China Energy & Climate program Under Secretary of Energy (acting) and Assistant Secretary for Policy & International Affairs, US Department of Energy (2009-2013) Chair, Energy & Climate Change Working Group at the Clinton Global Initiative University Professor, National University of Singapore (NUS) President, NUS (2000-2008) Member, Economic Review Committee, Singapore (2001-2004) Founding President, King Abdullah University of Science and Technology, KAUST (2008-2013) Senior Advisor, University of Chinese Academy of Sciences (UCAS) and CAS Holdings, and Consultant to CAS Foreign Member, US National Academy of Engineering and American Academy of Arts and Sciences Confidential Governor, Washington State (1997-2005)  Strengthened economic ties between China and Washington State US Secretary of Commerce (2009-2011)  Headed the President’s National Export Initiative, boosting exports of Made in America goods & services by 17% US Ambassador to China (2011-2014)  Co-chaired US-China Joint commission on Commerce and Trade - 11 - Confidential 1 Opportunity Overview 2 2 Introduction to GTM (GTM) 6 3 Methanol Applications & Market Opportunities 13 4 GTM Strategy Leading the way to next generation energy 22 - 12 - Methanol is a Clean and Versatile Energy Carrier Clean Crude Convenient LNG Clean burning liquid fuel and feedstock for petrochemicals Liquid Hydrogen CH3OH H H H H Shipping natural gas in liquid form at ambient conditions reform H2 Liquid Electricity Methanol CH3OH has, on a volume basis, 40% more H2 than liquid hydrogen at -253OC, and 140% more H2 than compressed hydrogen at 700 bars. Confidential - 13 - Methanol Applications - clean multipurpose resource Large-scale energy reservoir Marine and Ground Transport Methanol Power Heat from combustion Turbine-Generator Fuel Cell Heat Petrochemicals 14 Confidential - 14 - Sizing up the Market Opportunity – next 10 years Methanol to Olefins Methanol Opportunity 150-200 MTPA 20% global olefin market Rapid rise of MTO production in China has been driven by Coal-to-Methanol-to-Olefins value chain. MTO MTO economics challenged considering historical spot price of methanol. Methanol Spot price of methanol is driven by the marginal methanol producer, typically costly coal-to-methanol processes. Ethylene 150 MTPA Integrating the value chain from low-cost gas-to-methanol and methanol-to-olefins unlocks economic value that can be distributed across the value chain via B2B agreements. Propylene 100 MTPA Note MTPA: Million Tonnes Per Annum Estimated market size of $53-70 billion assuming $350/tonne Confidential - 15 - Sizing up the Market Opportunity – next 10 years Marine Fuels Methanol Opportunity 120-150 MTPA 20% of global market Marine sector currently consumes 370 million metric tonnes Of bunker fuel per annum Stena Germanica Converted in early 2015 to run on a 24 MW methanol dual-fuel propulsion system IMO standards on SOX & NOX emissions to be met by 2020 within Emissions Control Areas (ECA) Methanol as marine fuel:  Lower-emissions  Cost-effective Relative to emissions from heavy fuel oils Reduction Source: IMO, Methanex, Methanol Institute Note: Estimated market size of $42-53 billion assuming $350/tonne Confidential - 16 - SOX NOX PM 99% 60% 95% Sizing up the Market Opportunity – next 10 years Ground Transportation Fuel Methanol Opportunity 100 MTPA ~24 MTPA methanol 20% of Chinese Gasoline/Diesel Market China is leading the growing utilization of methanol as fuel for transportation Methanol standards have been implemented in at least 14 Chinese Provinces with methanol blends including M5, M10, M15, M30, M50, M85, M100 Chinese consumption of Gasoline and Diesel Consumption total over 280 MTPA Substituting diesel as fuel for heavy-duty transportation Source: EIA, Geely, Methanol Institute Note: Estimated market size of $35 billion assuming $350/tonne Confidential - 17 - Fuel for light-duty passenger vehicles Sizing up the Market Opportunity – next 10 years Small to medium size industrial boilers Methanol Opportunity 100-120 MTPA 20% of Chinese Small-Mid boiler Market  The Chinese government has indicated that it plans for all coal-fired boilers with capacity of 35 tonnes / hour or less to be phased out in China by 2020  Conversion to methanol: Creates attractive opportunity for the conversion to methanol-fired boilers  Currently, 1000 converted boiler units in China consume around 1 MTPA of methanol Over 600,000 small to medium size industrial boilers consume approximately 700 million metric tons of coal per year (18% of China’s coal consumption) Most of these small boilers are not fitted with systems to treat emissions contributing disproportionately to pollution Source: Methanol Institute Note: Estimated market size of $35-42 billion assuming $350/tonne Confidential - 18 - Sizing up the Market Opportunity Energy Applications will Drive Methanol Market Growth Methanol Market Growth Potential (MTPA) 800 720 700 600 500 370 400 300 200 200 100 120 53 69 0 2011 2015 Energy/Fuel 2020 2025 MTO/MTP Traditional Uses Source (2011, 2015): IHS Markit 2020-2035: Internal projections taking into account methanol for energy applications Confidential - 19 - 2030 2035 Growth of Methanol Market underpinned by “Liquid Sunshine” strategy & roadmap China is going Green! Its leadership calls for an “Energy Revolution” to build a more secure, sustainable, diverse and efficient green energy future. Alcohols have been identified as stable liquid energy carriers that are easily stored, distributed using existing oil infrastructure, and can be eventually produced entirely from renewable energy. Fossilized Sunshine Hybrid Systems Liquid Sunshine Fossil Methanol Clean Methanol Green Methanol Commercial Deployment Confidential 2020 2040 - 20 - Confidential 1 Opportunity Overview 2 2 Introduction to GTM (GTM) 6 3 Methanol Applications & Market Opportunities 13 4 GTM Strategy Leading the way to next generation energy 22 - 21 - Strategy Overview – GTM, a next generation energy major Revolutionizing Clean Energy Production 1930s 1960s 2020 2025 Methanol 1.0 Methanol 2.0 Methanol 3.0 Methanol 4.0 Coal-based Gas-based Ultra Low Emissions Next Generation Next Generation Methanol 4.0 Confidential - 22 - Current market price of major energy resources eday?s Bullet Points sue?len Mar 5 IDLE BJ T'Ilne SpenMar I 21313 US Time Du?g SE9: Prices en Mar 2 EDIE (1'5 Time} Last HMrAvemge Wee?t L'pdmd wider 5 2313 (E75 1" Eng! Crude Di] Crude l[I'J'l Nature] Gas - . iIutuIe] Brent {Future} Henn' Hub apan} (CTR China East] Houston Asia} (CFR Chine] cent E5011- LNG LEG CTR Japan CFR Korea .h raw: He'i?e'i'f. Finite Erwr'?'. - Hfuruuhqu Future] Southern China Eastern China FEET, Confidential - 23 - GTM (GTM): Building a Next Generation Energy Leader GTM Business Model   GTM Key Competitive Advantages Asset-light and highly scalable development model:  – GTM develops methanol projects – site identification, permitting, securing logistics and offtake – Projects are separately funded by equity investors and debt Short development cycle:  – GTM invests development capital to develop each project over 2 to 4 years. – At financial closure of each project, GTM receives an upfront development fee Lowest landed cost of methanol in Asia: – Low Capital Costs: Modular, economies of scale – Low Feedstock Costs: West Coast natural gas (AECO) – Low Logistics Cost: Shortest shipping route, large ships Proprietary Market Access: – GTM’s founding shareholder (CAS Holdings) has opened relationships with high credit quality MTO and other largevolume users in high-growth, high-margin Chinese and Asian markets, with long-term take or pay contracts Great Upside Potential Excellent Downside Protection     Robust pipeline of projects: – First two-line project at Kalama, Washington approaching Final Investment Decision ("FID") – Additional sites identified and/or under site control – Currently the only player in U.S. West Coast and British Columbia with a portfolio of advantaged sites Substantial interests in project economics – At FID, GTM also receives substantial interests in the future cash flows of the project, with typical NPV worth several multiples of development cost Methanol 4.0 GTM will be a Game Changer – GTM is innovating the next generation methanol production model that will further reduce capital costs, costs of capital, and shorten development & construction cycles – Concept likely to be implemented initially in Gulf of Mexico BC Winter pipeline contract – GTM receives stable annual cash flow from a 45 year BC pipeline contract for winter capacity – NPV of the contract is U$300 million. GTM Methanol Project Sites BC, Canada Westward Kalama - 24 - Westward BC, Canada Gulf of Mexico Seattle Portland Several additional locations under investigation or negotiation Confidential Kalama Investment Options & Exit Routes Investment Options I. II. High yield debts + Free warrants Convertible Preferred equity All tranches up to $200 million in aggregate Exit Routes Common equity I. IPO offering and exit – IPO process will begin upon FID of Kalama with expected IPO in around 2020 II. Third Party Acquisition Preferred equity I. Conversion to common at discount to valuation of subsequent fund raising round II. Roll-over into subsequent Preferred tranche III. Third Party Acquisition Financial Advisor Rx Investment Management Corporation Edward Cui Cell: +86 13817811262 Email: Edward.cui@rxinvestment.net Confidential - 25 -