ALGAE BIOMASS ORGANIZATION
600 TRAVIS ST, HOUSTON, TX 77002 algaebiomass.org

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Organizations Filed Purposes: ORGANIZATION'S PRIMARY PURPOSE: THE ALGAE BIOMASS ORGANIZATION ("ABO") IS ORGANIZED EXCLUSIVELY AS AN INDEPENDENT TRADE ASSOCIATION WHICH QUALIFIES AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE OF 1986. THE PRIMARY PURPOSE OF THE ABO IS TO IMPROVE BUSINESS CONDITIONS IN THE ALGAL BIOMASS INDUSTRY. THE ABO'S PURPOSES, AS SET FORTH IN ITS ARTICLES OF INCORPORATION, GENERALLY SUPPORT THIS PRIMARY PURPOSE: A.TO PROMOTE THE DEVELOPMENT OF VIABLE COMMERCIAL MARKETS FOR RENEWABLE AND SUSTAINABLE COMMODITIES DERIVED FROM ALGAE; B.TO SERVE AS A NATIONAL AND INTERNATIONAL TRADE ASSOCIATION AND VOICE FOR INDIVIDUALS, CORPORATIONS AND OTHER BUSINESS ENTITIES PURSUING COMMERCIAL APPLICATIONS FOR ALGAL BIOMASS, INCLUDING, BUT NOT LIMITED TO, THE USE OF ALGAL BIOMASS AS A FEEDSTOCK FOR TRANSPORTATION FUEL AND ELECTRICAL GENERATION, ANIMAL FEED, WASTEWATER REHABILITATION, AND NUTRACEUTICALS. C.TO OPERATE AND FUNCTION TO: (I) FACILITATE INFORMED BUSINESS DECISIONS BASED

ORAGNIZATION'S PRIMARY PURPOSE: THE ALGAE BIOMASS ORGANIZATION ("ABO") IS ORGANIZED EXCLUSIVELY AS AN INDEPENDENT TRADE ASSOCIATION WHICH QUALIFIES AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE OF 1986.

ABO HOSTED THE 13TH ANNUAL ALGAE BIOMASS SUMMIT SEPTEMBER 16 - 19TH, 2019 IN ORLANDO FLORIDA. WITH 400 ATTENDEES FROM MORE THAN 25 COUNTRIES, THE EVENT FEATURED NEARLY 50 TRADE SHOW EXHIBITS, OVER 100 POSTER PRESENTATIONS AND 125 SPEAKERS. THE ALGAE BIOMASS SUMMIT HAS BECOME THE MOST RENOWNED ALGAE CONFERENCE IN THE WORLD, ATTRACTING LEADERS FROM EVERY QUARTER OF THIS DYNAMIC INDUSTRY.

A)AN ACTIVE AND STRONG BIPARTISAN CONGRESSIONAL ALGAE CAUCUS - THIS GROUP OF LAWMAKERS HAS BECOME AN ACTIVE ADVOCATE FOR ANNUAL APPROPRIATIONS THAT SUPPORT IMPORTANT RESEARCH AND PROJECTS ACROSS THE ALGAE VALUE CHAIN TO THE BENEFIT OF ABO MEMBERS AND THE INDUSTRY. THESE FUNDS ARE EXPECTED TO EXCEED 116 MILLION IN 2020. B)AN ENGAGED INTERAGENCY ALGAE WORKING GROUP - A GROUP COORDINATING FEDERAL ALGAE R&D EFFORTS THAT INCLUDES THE DEPARTMENTS OF COMMERCE, ENERGY, AGRICULTURE, HEATH AND HUMAN SERVICES, AND THE NATIONAL SCIENCE FOUNDATION, AND THE ENVIRONMENTAL PROTECTION AGENCY. C)A TRANSFORMATION OF CARBON CAPTURE POLICY - AN UPDATE TO THE 45Q TAX CREDIT WILL ALLOW ALGAE AND OTHER BIOLOGICAL FORMS OF CARBON CAPTURE UTILIZATION TO TAKE ADVANTAGE OF THIS VALUABLE INCENTIVE FOR THE FIRST TIME. D)A FARM BILL THAT SUPPORTS ALGAE FARMING - PROVISIONS IN THE LATEST FARM BILL THAT WILL ASSIST THE ALGAE INDUSTRY INCLUDE A NEW ALGAE AGRICULTURE RESEARCH PROGRAM AT USDA, AND LANGUAGE DIRECTING THE DEPARTMENT TO DEVELOP CROP INSURANCE TOOLS FOR ALGAE PRODUCTION - WITH THE POTENTIAL TO DELIVER MILLIONS OF DOLLARS OF VALUE ANNUALLY TO THE ALGAE INDUSTRY. E)THE LAUNCH OF THE FUTURE OF ALGAE FOR FOOD AND FEED INITIATIVE - WITH THE LAUNCH OF THE FUTURE OF ALGAE FOR FOOD AND FEED (FAFF) INITIATIVE, A HUGE STEP WAS TAKEN TOWARD ADDRESSING BARRIERS TO WIDESPREAD ADOPTION OF ALGAE FOOD AND FEED INGREDIENTS. THE FAFF ALSO LAID THE GROUNDWORK FOR NEW PARTNERS - AND NEW FUNDING STREAMS - FOR THIS IMPORTANT WORK. F)A SUCCESSFUL ALGAE BIOMASS SUMMIT, WITH A STRONG PROGRAM SHAPING UP FOR 2020 IN SAN DIEGO - THE ALGAE BIOMASS SUMMIT HAS BECOME THE MOST SIGNIFICANT ALGAE INDUSTRY EVENT. THE 2019 SUMMIT FEATURED ITS STRONGEST BUSINESS PROGRAM TO DATE, INCLUDING A PRODUCTS & MARKETS TRACK, ALGAE PRODUCT SHOWCASE, AND ALGAE-FOCUSED MENU, AND ATTRACTED NEARLY 100 FIRST-TIME ATTENDEES. THE 2020 SUMMIT IS SHAPING UP TO BE EVEN BETTER.

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