Common use of DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY Clause in Contracts

DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY. The Project would be constructed on approximately 1,600 acres at a site known as the Shoe Bar Ranch in Ector County and would be located entirely within the boundaries of Ector County Independent School District. There are four major process components associated with the Project: • Air Contactors • Pellet Reactors • Pellet Calciners • Slakers/Hydrators Eligible ancillary and necessary equipment would include the following: • Pellet Separators and Washing • Pellet Dryers • CO2 Purifiers and Compressors • Cooling Systems • Compressors • Evaporators • Pumps • Electrical and Instrumentation Controls • New Piping • Water Treatment Facilities • Operations, maintenance, measurement, and monitoring buildings Additional equipment and components would be defined during detail design and procured by the EPCM contractor. The construction of the plant would include site preparation and earthworks, installation of foundations and supports, fabrication of major equipment and transportation to site, integration of modules and interconnecting works (i.e. piping, electrical, controls), erection of buildings and support infrastructure, utility interconnections, commissioning and start-up, production ramp-up, and handover to operations. This Agreement covers all qualified investment and qualified property necessary for the commercial operations of the Project, all of which would be located within the project boundary, Enterprise Zone, Ector ISD and Ector County, Texas. Map of Qualified Property Exhibit 5 Agreement Schedule Year of Agreement Date of Appraisal School Year Tax Year Summary Description Limitation Pre-Years 0 January 1, 2022 – January 1, 2027 2022-28 2022-27 QTP Pre-Years QTP 1 January 1, 2028 2028-29 2028 QTP year 1, begins January 1, 2028 QTP 2 January 1, 2029 2029-30 2029 QTP year 2, ends December 31, 2029 Gap Years January 1, 2030 – January 1, 2032 2030-33 2030-32 3 Gap Years Limitation Period (10 Years) 1 January 1, 2033 2033-34 2033 $30 million appraisal limitation 2 January 1, 2034 2034-35 2034 $30 million appraisal limitation 3 January 1, 2035 2035-36 2035 $30 million appraisal limitation 4 January 1, 2036 2036-37 2036 $30 million appraisal limitation 5 January 1, 2037 2037-38 2037 $30 million appraisal limitation 6 January 1, 2038 2038-39 2038 $30 million appraisal limitation 7 January 1, 2039 2039-40 2039 $30 million appraisal limitation 8 January 1, 2040 2040-41 2040 $30 million appraisal limitation 9 January 1, 2041 2041-42 2041 $30 million appraisal limitation 10 January 1, 2042 2042-43 2042 $30 million appraisal limitation Maintain a Viable Presence (5 Years) 11 January 1, 2043 2043-44 2043 No appraisal limitation; must maintain a viable presence 12 January 1, 2044 2044-45 2044 No appraisal limitation; must maintain a viable presence 13 January 1, 2045 2045-46 2045 No appraisal limitation; must maintain a viable presence 14 January 1, 2046 2046-47 2046 No appraisal limitation; must maintain a viable presence

DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY. The Project would be constructed on approximately 1,600 acres at a site known as the Shoe Bar Ranch in Ector County and would be located entirely within the boundaries of Ector County Independent School District. There are four major process components associated with the Project: • Air Contactors • Pellet Reactors • Pellet Calciners • Slakers/Hydrators Eligible ancillary and necessary equipment would include the following: • Pellet Separators and Washing • Pellet Dryers • CO2 Purifiers and Compressors • Cooling Systems • Compressors • Evaporators • Pumps • Electrical and Instrumentation Controls • New Piping • Water Treatment Facilities • Operations, maintenance, measurement, and monitoring buildings Additional equipment and components would be defined during detail design and procured by the EPCM contractor. The construction of the plant would include site preparation and earthworks, installation of foundations and supports, fabrication of major equipment and transportation to site, integration of modules and interconnecting works (i.e. piping, electrical, controls), erection of buildings and support infrastructure, utility interconnections, commissioning and start-up, production ramp-up, and handover to operations. This Agreement covers all qualified investment and qualified property necessary for the commercial operations of the Project, all of which would be located within the project boundary, Enterprise Zone, Ector ISD and Ector County, Texas. Map of Qualified Property Exhibit 5 Agreement Schedule Year of Agreement Date of Appraisal School Year Tax Year Summary Description Limitation Pre-Years 0 January 1, 2022 – January 1, 2027 2022-28 2022-27 QTP Pre-Years QTP 1 January 1, 2028 2028-29 2028 QTP year 1, begins January 1, 2028 QTP 2 January 1, 2029 2029-30 2029 QTP year 2, ends December 31, 2029 Gap Years January 1, 2030 – January 1, 2032 2030-33 2030-32 3 Gap Years Limitation Period (10 Years) 1 January 1, 2030 2030-31 2030 $30 million appraisal limitation 2 January 1, 2031 2031-32 2031 $30 million appraisal limitation 3 January 1, 2032 2032-33 2032 $30 million appraisal limitation 4 January 1, 2033 2033-34 2033 $30 million appraisal limitation 2 5 January 1, 2034 2034-35 2034 $30 million appraisal limitation 3 6 January 1, 2035 2035-36 2035 $30 million appraisal limitation 4 7 January 1, 2036 2036-37 2036 $30 million appraisal limitation 5 8 January 1, 2037 2037-38 2037 $30 million appraisal limitation 6 9 January 1, 2038 2038-39 2038 $30 million appraisal limitation 7 10 January 1, 2039 2039-40 2039 $30 million appraisal limitation 8 January 1, 2040 2040-41 2040 $30 million appraisal limitation 9 January 1, 2041 2041-42 2041 $30 million appraisal limitation 10 January 1, 2042 2042-43 2042 $30 million appraisal limitation Maintain a Viable Presence (5 Years) 11 January 1, 2040 2040-41 2040 No appraisal limitation; must maintain a viable presence 12 January 1, 2041 2041-42 2041 No appraisal limitation; must maintain a viable presence 13 January 1, 2042 2042-43 2042 No appraisal limitation; must maintain a viable presence 14 January 1, 2043 2043-44 2043 No appraisal limitation; must maintain a viable presence 12 January 1, 2044 2044-45 2044 No appraisal limitation; must maintain a viable presence 13 January 1, 2045 2045-46 2045 No appraisal limitation; must maintain a viable presence 14 January 1, 2046 2046-47 2046 No appraisal limitation; must maintain a viable presence

DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY. The Project would be constructed on approximately 1,600 acres at a site known as the Shoe Bar Ranch in Ector County and would be located entirely within the boundaries of Ector County Independent School District. There are four major process components associated with the Project: • Air Contactors • Pellet Reactors • Pellet Calciners • Slakers/Hydrators Eligible ancillary and necessary equipment would include the following: • Pellet Separators and Washing • Pellet Dryers • CO2 Purifiers and Compressors • Cooling Systems • Compressors • Evaporators • Pumps • Electrical and Instrumentation Controls • New Piping • Water Treatment Facilities • Operations, maintenance, measurement, and monitoring buildings Additional equipment and components would be defined during detail design and procured by the EPCM contractor. The construction of the plant would include site preparation and earthworks, installation of foundations and supports, fabrication of major equipment and transportation to site, integration of modules and interconnecting works (i.e. piping, electrical, controls), erection of buildings and support infrastructure, utility interconnections, commissioning and start-up, production ramp-up, and handover to operations. This Agreement covers all qualified investment and qualified property necessary for the commercial operations of the Project, all of which would be located within the project boundary, Enterprise Zone, Ector ISD and Ector County, Texas. Map of Qualified Property Exhibit 5 Agreement Schedule Year of Agreement Date of Appraisal School Year Tax Year Summary Description Limitation Pre-Years 0 January 1, 2022 – January 1, 2027 2022-28 2022-27 QTP Pre-Years QTP 1 January 1, 2028 2028-29 2028 QTP year 1, begins January 1, 2028 QTP 2 January 1, 2029 2029-30 2029 QTP year 2, ends December 31, 2029 Gap Years January 1, 2030 – January 1, 2032 2033 2030-34 2030-33 2030-32 3 4 Gap Years Limitation Period (10 Years) 1 January 1, 2033 2033-34 2033 $30 million appraisal limitation 2 January 1, 2034 2034-35 2034 $30 million appraisal limitation 3 2 January 1, 2035 2035-36 2035 $30 million appraisal limitation 4 3 January 1, 2036 2036-37 2036 $30 million appraisal limitation 5 4 January 1, 2037 2037-38 2037 $30 million appraisal limitation 6 5 January 1, 2038 2038-39 2038 $30 million appraisal limitation 7 6 January 1, 2039 2039-40 2039 $30 million appraisal limitation 8 7 January 1, 2040 2040-41 2040 $30 million appraisal limitation 9 8 January 1, 2041 2041-42 2041 $30 million appraisal limitation 10 9 January 1, 2042 2042-43 2042 $30 million appraisal limitation 10 January 1, 2043 2043-44 2043 $30 million appraisal limitation Maintain a Viable Presence (5 Years) 11 January 1, 2043 2043-44 2043 No appraisal limitation; must maintain a viable presence 12 January 1, 2044 2044-45 2044 No appraisal limitation; must maintain a viable presence 13 12 January 1, 2045 2045-46 2045 No appraisal limitation; must maintain a viable presence 14 13 January 1, 2046 2046-47 2046 No appraisal limitation; must maintain a viable presence 14 January 1, 2047 2047-48 2047 No appraisal limitation; must maintain a viable presence

DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY. The Project would be constructed on approximately 1,600 acres at a site known as the Shoe Bar Ranch in Ector County and would be located entirely within the boundaries of Ector County Independent School District. There are four major process components associated with the Project: • Air Contactors • Pellet Reactors • Pellet Calciners • Slakers/Hydrators Eligible ancillary and necessary equipment would include the following: • Pellet Separators and Washing • Pellet Dryers • CO2 Purifiers and Compressors • Cooling Systems • Compressors • Evaporators • Pumps • Electrical and Instrumentation Controls • New Piping • Water Treatment Facilities • Operations, maintenance, measurement, and monitoring buildings Additional equipment and components would be defined during detail design and procured by the EPCM contractor. The construction of the plant would include site preparation and earthworks, installation of foundations and supports, fabrication of major equipment and transportation to site, integration of modules and interconnecting works (i.e. piping, electrical, controls), erection of buildings and support infrastructure, utility interconnections, commissioning and start-up, production ramp-up, and handover to operations. This Agreement covers all qualified investment and qualified property necessary for the commercial operations of the Project, all of which would be located within the project boundary, Enterprise Zone, Ector ISD and Ector County, Texas. Map of Qualified Property Exhibit 5 Agreement Schedule Year of Agreement Date of Appraisal School Year Tax Year Summary Description Limitation Pre-Years 0 January 1, 2022 – January 1, 2027 2022-28 2022-27 QTP Pre-Years QTP 1 January 1, 2028 2028-29 2028 QTP year 1, begins January 1, 2028 QTP 2 January 1, 2029 2029-30 2029 QTP year 2, ends December 31, 2029 Gap Years Year January 1, 2030 – 2030-31 2030 Gap Year Gap Year January 1, 2032 2030-33 20302031 2031-32 3 2031 Gap Years Year Limitation Period (10 Years) 1 January 1, 2032 2032-33 2032 $30 million appraisal limitation 2 January 1, 2033 2033-34 2033 $30 million appraisal limitation 2 3 January 1, 2034 2034-35 2034 $30 million appraisal limitation 3 4 January 1, 2035 2035-36 2035 $30 million appraisal limitation 4 5 January 1, 2036 2036-37 2036 $30 million appraisal limitation 5 6 January 1, 2037 2037-38 2037 $30 million appraisal limitation 6 7 January 1, 2038 2038-39 2038 $30 million appraisal limitation 7 8 January 1, 2039 2039-40 2039 $30 million appraisal limitation 8 9 January 1, 2040 2040-41 2040 $30 million appraisal limitation 9 10 January 1, 2041 2041-42 2041 $30 million appraisal limitation 10 January 1, 2042 2042-43 2042 $30 million appraisal limitation Maintain a Viable Presence (5 Years) 11 January 1, 2042 2042-43 2042 No appraisal limitation; must maintain a viable presence 12 January 1, 2043 2043-44 2043 No appraisal limitation; must maintain a viable presence 12 13 January 1, 2044 2044-45 2044 No appraisal limitation; must maintain a viable presence 13 14 January 1, 2045 2045-46 2045 No appraisal limitation; must maintain a viable presence 14 January 1, 2046 2046-47 2046 No appraisal limitation; must maintain a viable presence

DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY. The Project would be constructed on approximately 1,600 acres at a site known as the Shoe Bar Ranch in Ector County and would be located entirely within the boundaries of Ector County Independent School District. There are four major process components associated with the Project: • Air Contactors • Pellet Reactors • Pellet Calciners • Slakers/Hydrators Eligible ancillary and necessary equipment would include the following: • Pellet Separators and Washing • Pellet Dryers • CO2 Purifiers and Compressors • Cooling Systems • Compressors • Evaporators • Pumps • Electrical and Instrumentation Controls • New Piping • Water Treatment Facilities • Operations, maintenance, measurement, and monitoring buildings Additional equipment and components would be defined during detail design and procured by the EPCM contractor. The construction of the plant would include site preparation and earthworks, installation of foundations and supports, fabrication of major equipment and transportation to site, integration of modules and interconnecting works (i.e. piping, electrical, controls), erection of buildings and support infrastructure, utility interconnections, commissioning and start-up, production ramp-up, and handover to operations. This Agreement covers all qualified investment and qualified property necessary for the commercial operations of the Project, all of which would be located within the project boundary, Enterprise Zone, Ector ISD and Ector County, Texas. Map of Qualified Property Exhibit 5 Agreement Schedule Year of Agreement Date of Appraisal School Year Tax Year Summary Description Limitation Pre-Years 0 January 1, 2022 – January 1, 2027 2022-28 2022-27 QTP Pre-Years QTP 1 January 1, 2028 2028-29 2028 QTP year 1, begins January 1, 2028 QTP 2 January 1, 2029 2029-30 2029 QTP year 2, ends December 31, 2029 Gap Years Year January 1, 2030 – January 1, 2032 2030-33 2030-32 3 31 2030 Gap Years Year Limitation Period (10 Years) 1 January 1, 2031 2031-32 2031 $30 million appraisal limitation 2 January 1, 2032 2032-33 2032 $30 million appraisal limitation 3 January 1, 2033 2033-34 2033 $30 million appraisal limitation 2 4 January 1, 2034 2034-35 2034 $30 million appraisal limitation 3 5 January 1, 2035 2035-36 2035 $30 million appraisal limitation 4 6 January 1, 2036 2036-37 2036 $30 million appraisal limitation 5 7 January 1, 2037 2037-38 2037 $30 million appraisal limitation 6 8 January 1, 2038 2038-39 2038 $30 million appraisal limitation 7 9 January 1, 2039 2039-40 2039 $30 million appraisal limitation 8 10 January 1, 2040 2040-41 2040 $30 million appraisal limitation 9 January 1, 2041 2041-42 2041 $30 million appraisal limitation 10 January 1, 2042 2042-43 2042 $30 million appraisal limitation Maintain a Viable Presence (5 Years) 11 January 1, 2041 2041-42 2041 No appraisal limitation; must maintain a viable presence 12 January 1, 2042 2042-43 2042 No appraisal limitation; must maintain a viable presence 13 January 1, 2043 2043-44 2043 No appraisal limitation; must maintain a viable presence 12 14 January 1, 2044 2044-45 2044 No appraisal limitation; must maintain a viable presence 13 January 1, 2045 2045-46 2045 No appraisal limitation; must maintain a viable presence 14 January 1, 2046 2046-47 2046 No appraisal limitation; must maintain a viable presence