DOHA, Qatar - Qatar Airways and sustainable aviation fuel (SAF) producer Gevo, Inc. have signed an offtake agreement, where the airline will purchase 25 million US gallons of neat SAF over the course of five years with deliveries expected to commence in 2028 at various airports in California. Qatar Airways will be uplifting 5 million US gallons of neat SAF every year and will blend it with its existing supply of conventional jet fuel. The airline became the first airline in the Middle East and Africa region to announce its commitment to an international SAF offtake agreement.

This partnership is part of the airline's earlier commitment, along with other oneworld Alliance members to purchase up to 200 million US gallons of SAF from Gevo. SAF is one of the pillars in Qatar Airways and oneworld's plan to reach net zero emissions by 2050. In September 2020, oneworld became the first global airline alliance to unite behind a common target to achieve carbon neutrality with net zero carbon emissions by 2050. The alliance subsequently committed to a target of 10% sustainable aviation fuel use across the alliance by 2030. Qatar Airways is very keen to ramp-up the use of SAF at a commercial level, noting that the SAF to be purchased will be certified under the sustainability criteria laid down by the International Civil Aviation Organization (ICAO). Compared with fossil-based jet fuel, SAF results in the reduction of carbon dioxide emissions across its lifecycle. Today's technology allows for CO2 reductions from the use of SAF to reach 85% when compared to conventional jet fuel.

Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said: 'Qatar Airways continues to prioritise our commitment to net-zero flying by the middle of this century. Decarbonising aviation requires a gradual incorporation of lower carbon and sustainable aviation fuels, and we are proud to collaborate on this global effort for a better future. Joining forces with fellow oneworld members, we are supporting Gevo to establish its SAF-producing facilities in order to ramp up SAF supply and get closer to our goal of replacing 10% of our conventional jet fuel with SAF by 2030.'

'By working with farmers on regenerative agricultural practices, Gevo can sustainability source feedstock to produce sustainable aviation fuel, while also increasing soil health, sequestering carbon, and providing nutritional products to the food chain, said Dr. Patrick R. Gruber, Gevo's Chief Executive Officer. 'By building sustainability into every step of our business system, from sustainably grown feedstock to using renewable energy for production, we are helping Qatar Airways and other members of the oneworld alliance to reach their emission reduction goals.'

Qatar Airways has made significant progress towards achieving environmental sustainability and decarbonisation. Qatar Airways is flying with one of the youngest and most fuel-efficient fleets in the sky. It is the first airline in the Middle East to secure accreditation to the highest level in the IATA Environmental Assessment Programme (IEnvA) and is the first carrier to join the IATA CO2NNECT platform offering a new voluntary carbon offsetting programme for air cargo shipments, continuing to advance an ambitious agenda to demonstrate environmental leadership across the global aviation industry.

About Qatar Airways

A multiple award-winning airline, Qatar Airways was recently announced as the 'Airline of the Year' at the 2022 World Airline Awards, managed by the international air transport rating organisation, Skytrax. The airline continues to be synonymous with excellence having won the main prize for an unprecedented seventh time (2011, 2012, 2015, 2017, 2019, 2021 and 2022), while also being named 'World's Best Business Class', 'World's Best Business Class Lounge Dining' and 'Best Airline in the Middle East'.

Qatar Airways currently flies to more than 150 destinations worldwide, connecting through its Doha hub, Hamad International Airport, voted by Skytrax as the 'World's Best Airport' 2022.

Qatar Airways recognises the importance of environmental sustainability in aviation. We are committed to being at the forefront and working in collaboration with our global and regional partners on achieving the industry's decarbonisation goals.

About Gevo

Gevo's mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo's products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo's technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo's ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that it possesses the technology and know-how to convert various carbohydrate feedstocks through a fermentation process into alcohols and then transform the alcohols into renewable fuels and materials, through a combination of its own technology, know-how, engineering, and licensing of technology and engineering from Axens North America, Inc., which yields the potential to generate project and corporate returns that justify the build-out of a multi-billion-dollar business.

Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI. Learn more at Gevo's website: www.gevo.com.

A multiple award-winning airline, Qatar Airways was recently announced as the 'Airline of the Year' at the 2022 World Airline Awards, managed by the international air transport rating organisation, Skytrax. The airline continues to be synonymous with excellence having won the main prize for an unprecedented seventh time (2011, 2012, 2015, 2017, 2019, 2021 and 2022), while also being named 'World's Best Business Class', 'World's Best Business Class Lounge Dining' and 'Best Airline in the Middle East'.

Qatar Airways currently flies to more than 150 destinations worldwide, connecting through its Doha hub, Hamad International Airport, currently named the 'Best Airport in the World' by Skytrax World Airport Awards 2022.

For further information, please contact:

Qatar Airways Group, Corporate Communications Department

Tel: +974 4022 2200

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For further information contact:

Qatar Airways Group, Corporate Communications Department

+974 4022 2200

qrmedia@qatarairways.com.qa

Visit our homepage www.qatarairways.com

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