Risk Mitigation Strategy

DM-XTech has identified key risks and implemented comprehensive mitigation strategies to ensure project success:

Technical Risk

Risk: Deeply hydrotreated fuel could affect lubricity or seals

Mitigation: Proprietary PLI additive (proven in tests) ensures seal integrity and proper lubrication despite ultra-low sulphur content

Extensive testing with OEMs ongoing to validate performance

Execution Risk

Risk: Refinery buy/upgrade complexity and timeline delays

Mitigation: Partner with experienced engineers, implement phased upgrades, engage government to ease approvals

Lindsey refinery acquisition planned for early 2026 with support from government

Market Risk

Risk: Airlines' adoption uncertainty and contrail credit recognition

Mitigation: Competitive pricing (dLCAF ~10-15% costlier than regular jet vs. SAF's 200-300% premium), offering ESG value

Letters of intent in progress with first-adopter airlines

Policy Risk

Risk: Future rules favoring only bio/e-fuels, leaving dLCAF behind

Mitigation: Ensure dLCAF qualifies for CORSIA and push recognition of contrail benefits in policy

Maintain ability to pivot (e.g., blend bio-feedstock later) if needed

Financial Risk

Risk: Oil price volatility affecting feedstock costs

Mitigation: Hedging strategies and fixed-price crude contracts to lock in costs

Strong profit margins provide natural buffer against price fluctuations

Legal & Regulatory Risk

Risk: Uncertain regulatory acceptance or showstoppers

Mitigation: Proactive approach to certifications and permits, aligning with existing jet fuel specs

Government is supportive of the project as it emphasizes job preservation and climate goals

DM-XTech has developed a comprehensive risk mitigation strategy that addresses all material concerns while maintaining project momentum

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