During the course of this presentation, we will make forward-looking statements. Any statement that is not a historical fact is a forward-looking statement. Forward-looking statements refer to expectations, projections or other characterizations of future events or circumstances about Cadiz Inc. (the "Company"), and such statements include, but are not limited to, statements relating to the progress and plans of the water development project, the expected pricing, value and terms for water supply and storage, and necessary permits required to construct facilities. Actual results may differ materially from those expressed in these forward-looking statements due to a number of risks and uncertainties, including the factors detailed under the caption "Risk Factors" and elsewhere in the documents we file from time to time with the Securities and Exchange Commission (the "SEC"), including our annual and quarterly reports. We undertake no obligation to update these forward-looking statements, which speak only as of the date of this presentation.
CADIZ, INC.
January 2023
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About Cadiz
Water solutions innovator delivering access to safe, clean,
affordable water to people through a combination of leading-edge innovation, unique assets, and the highest standards of environmental stewardship.
Largest private landowner in California's Mojave Desert with ownership and control of the largest groundwater asset in Western U.S.
45,000 acre of land in California with 20-30 million acre-feet of groundwater reserves - larger than Lake Mead.
Vested water rights to access 2.5 million acre-feet of groundwater to support 10,000 acres of farming and the largest groundwater bank in SoCal.
Expansive wellfield infrastructure, water management technology and expertise
265 miles of pipelines will interconnect major water systems in California and the Southwestern US, including first gas pipeline to be converted for water conveyance.
Acquired state-of-the-art water filtration firm ATEC Water Systems in fall 2022.
Current Enterprise value = $325 M
NPV of Forecasted Cash Flows from Asset Base = $1.7 B
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Cadiz Water Conservation & Storage Project
Conserves groundwater lost to evaporation to create a reliable, sustainable and affordable new water supply for California.
Underground storage bank to store surplus water in wet years and improve management of unpredictable water supplies between wet and dry years.
• Court-validated water rights for 2.5 MAF over 50 years.
• Average 50,000 AFY long-term annual supply. (max 75K AFY)
• 1 Million AF of underground storage capacity with no losses. (MWD stores
1.3 MAF at Lake Mead, w/ one-time 10% loss).
• Two conveyance pipelines able to connect to California's major water
CADIZ
transport systems - Colorado River Aqueduct, Los Angeles Aqueduct, Mojave
River Pipeline and California Aqueduct.
• 220-mile pipeline infrastructure already built, in the ground; 43-mile pipeline
with federal ROW and certified FEIR.
• Sustainable operations governed by San Bernardino County under state-of-
the-art groundwater monitoring and management plan to protect desert
resources.
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Cadiz: Unique Assets. Strategic Location.
CADIZ
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Cadiz Inc. published this content on 31 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2023 13:17:04 UTC.
Cadiz, Inc. is a California water solutions company dedicated to providing access to clean water for people through a combination of water supply, storage, pipeline and treatment solutions. The Company's segments include Land and Water Resources, and Water Filtration Technology. The Land and Water Resources segment comprises all activities regarding its properties in the eastern Mojave Desert pre-revenue development of the Water Project (supply, storage and conveyance), and agricultural operations. The Water Filtration Technology segment is comprised of ATEC Water Systems LLC, its subsidiary, which provides water filtration solutions for impaired or contaminated groundwater sources. Its portfolio of assets includes around 2.5 million acre-feet of water supply, 220 miles of existing, buried pipeline, 1 million acre-feet of groundwater storage capacity, and versatile and scalable water filtration technology. The Company has approximately 45,000 acres of land in California.
CADIZ INC. 
