Material Agreement (Form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On September 18, 2025, Net-Zero Richardton, LLC ("Gevo"), a subsidiary of Gevo, Inc., entered into a Carbon Dioxide Removal Sales Agreement (the "Agreement") with Biorecro North America, LLC ("Biorecro" and, together with Gevo, the "Parties" and, each, a "Party"), pursuant to which Gevo agreed to sell approximately $26 million worth of carbon dioxide removal credits ("CDR credits") associated with its carbon capture and sequestration facilities in Richardton, North Dakota to Biorecro with a portion of the sales to occur each quarter over the term of the Agreement. Biorecro has the option to purchase additional CDR credits each quarter upon notice to Gevo and Gevo's agreement to sell such additional CDR credits.

The Agreement became effective on September 18, 2025, and will continue in full force and effect until December 31, 2030. Biorecro may extend the term for up to an additional ten years subject to Biorecro's satisfaction of certain conditions for the extension.

The Parties may terminate the Agreement in the event that a Party fails the pay the other Party any undisputed amount pursuant to the Agreement or if certain customary events of default occur and are not cured within a certain time period. Upon the termination of the Agreement due to an event of default, the non-defaulting Party will be entitled to remedies at law or equity, subject to customary limitations on liability contained in the Agreement.

The Agreement contains certain customary representations, warranties, covenants and confidentiality provisions.

The foregoing description of the Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Agreement, a copy of which is attached hereto as Exhibits 10.1 to this Current Report on Form 8-K and are incorporated herein by reference.