Enviva Partners, LP Business Overview Last Updated: October 14, 2015

Forward-Looking Statements and Cautionary Statements Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of the securities laws. All statements, other than statements of historical fact, included in this presentation that address activities, events or developments that Enviva Partners, LP (NYSE: EVA) (“Enviva,” “we,” or “us”) expects, believes or anticipates will or may occur in the future are forward-looking statements. The words “believe,” “expect,” “may,” “estimates,” “will,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. However, the absence of these words does not mean that the statements are not forward-looking. These statements are based on certain assumptions made by Enviva based on management’s expectations and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Although Enviva believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond its control, Enviva cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions. A number of the assumptions on which these forward-looking statements are based are subject to risks and uncertainties, many of which are beyond the control of Enviva, and may cause actual results to differ materially from those implied or expressed by the forward-looking statements. These risks and uncertainties include the factors discussed or referenced in our filings with the Securities and Exchange Commission (the “SEC”), including the IPO prospectus filed on April 29, 2015 and the Quarterly Reports on Form 10-Q most recently filed with the SEC, including those risks relating to financial performance and results, economic conditions and resulting capital restraints, availability of sufficient capital to execute Enviva’s business plan, impact of compliance with legislation and regulations and other important factors that could cause actual results to differ materially from those projected. When considering the forward-looking statements, you should keep in mind the risk factors and other cautionary statements in such filings. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which such statement is made, and Enviva undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. All forward-looking statements attributable to Enviva are qualified in their entirety by this cautionary statement. Industry and Market Data This presentation has been prepared by Enviva and includes market data and other statistical information from third-party sources, including independent industry publications, government publications or other published independent sources. Although Enviva believes these third-party sources are reliable as of their respective dates, Enviva has not independently verified the accuracy or completeness of this information. Some data is also based on Enviva’s good faith estimates, which are derived from its review of internal sources as well as the third-party sources described above.

Company Highlights Compelling Industry Fundamentals Critical supply chain partner for major power generators worldwide Forecast demand growing rapidly with 20% CAGR through 2019 Supply not adequate for demand with few providers of any scale Advantaged Assets Owns five strategically located production plants and a deep-water marine terminal Strong fiber baskets deliver low-cost, growing natural resource, and stable pricing Long-Term Off-take Agreements Long-term take-or-pay contracts with creditworthy counterparties (5.6-yr weighted average term as of June 30, 2015) Select passthroughs and price escalators mitigate cash flow volatility Substantial Growth Opportunities Visible Sponsor-held drop down inventory; first drop proposed and process underway Sponsor has ~1 million MTPY new long-term, firm contracts plus large contract pipeline Sponsor has robust development pipeline and opportunistic 3rd party acquisition targets Margin expansion within contracted assets Experienced Management Team Management team led by industry founders and seasoned public company executives Demonstrated expertise acquiring, building, and operating platform assets Management rewarded for sustained growth in per-unit distributable cash flow World’s largest supplier of utility grade wood pellets to major power generators with 1.7 million metric tons per year (“MTPY”) of production capacity

Major industrial economies are far short of binding 2020 renewable targets Austerity challenges, desire to eliminate coal, grid stability issues, and sustainability requirements limit alternatives But existing coal assets can be quickly and cost-effectively converted to biomass Wood pellets provide low-cost, drop-in solution driving large demand Market growing rapidly: demand forecasted at 20% CAGR from 2014 to 2019 (3) Enviva is Only Enterprise Supplier (1) Hawkins Wright – April 28, 2015 (2) DECC Electricity Generation Costs (December 2013); Hawkins Wright; dollar amounts based on exchange rate of 0.66 GBP per USD as of 9/28/15 (3) Hawkins Wright: The Outlook for Wood Pellets – Demand, Supply, Costs and Prices; Second quarter 2015. Europe Asia North America Identified Supply Supply Gap Enviva Solves a Growing, Unmet Challenge for Generators Progress To Binding 2020 Renewables Targets (1) Installed Cost / KW (2) 2019 Industrial Pellet Volumes (in millions MTPY) (3) 68% 66% 40% 38% 31% 10% 0% 25% 50% 75% 100% NL UK BEL FR GER DM % of Target % Short 21.7 5.0 0.1 18.3 8.5 0 6 12 18 24 30 Demand Supply 2019 Nuclear , $7,276 Offshore Wind , $3,712 Onshore Wind , $3,030 Solar , $1,515 Biomass Conversion , $594 $- $2,500 $5,000 $7,500

Familiar Midstream Activities Enviva performs activities similar to other midstream MLPs Qualifying income generated by aggregating a natural resource, processing it into fuel at production facilities, transporting pellets to deep water marine terminals where the pellets are stored, and delivering ratably to utility customers No direct exposure to crude oil or natural gas prices CONVENTIONAL GATHERING STORAGE RENEWABLE GATHERING STORAGE Wellhead Oil, Gas, NGL, Coal Wood Fiber UPSTREAM MIDSTREAM DOWNSTREAM Processing Washing Fractionating Truck Pipeline Rail Vessel Processing Drying Densifying Truck Rail Vessel Refineries Generators Drax E.ON GDF BP Valero

Compelling Industry Fundamentals Enviva’s Port of Chesapeake Marine Terminal

Our Product is a Low-Cost, Low-Carbon, Drop-In Solution Wood Pellet vs. Coal Attributes Wood Pellets (1) NYMEX CAPP Coal (2) Southern PRB Coal (3) Median Heat Content (BTU/lb) 8,000 12,000 8,600 Moisture 4 – 10% < 10% 26 – 30% Ash 0 – 2% < 13.5% 4.6 – 5.7% Sulfur 0 – 0.15% < 1.0% < 1.0% UK Power Generation Cost (4) Enviva CME Group Union Pacific DECC Electricity Generation Costs (December 2013); Hawkins Wright – April 28, 2015 0 50 100 150 200 250 300 CCGT Landfill Nuclear Co-firing (conventional) Onshore wind (>5MW) Biomass conversion Hydro large storage Dedicated biomass (5- 15MW) Offshore wind (R2) Dedicated biomass (>50MW) Onshore wind (1-5MW) Offshore wind (R3) Hydro (5- 16MW) Large scale solar PV OCGT (peaking plant) US$/MWh Carbon costs Fuel costs Variable O&M Fixed O&M Capital costs Pre-development costs Arrows indicate levelized costs of electricity generated from biomass

We Reduce Carbon Emissions United Nations Climate 2014: Carbon emissions from coal are 4 times greater than forest wood biomass European Union 2014 report: biomass can lead to “significant greenhouse gas savings compared to fossil fuels” 100 U.S. Forest Scientists 2014: “The carbon benefits of sustainable forest biomass energy are well established” Oak Ridge National Laboratory scientists 2015: Wood biomass “can reduce the climate impacts of fossil fuels” Source: State of play on the sustainability of solid and gaseous biomass used for electricity, heating and cooling in the EU. European Commission. July 2014. Source: Dale et al. Ecological objectives can be achieved with wood-derived bioenergy. The Ecological Society of America. 2015. Source: IPCC, 2014: Climate Change 2014: Mitigation of Climate Change. Contribution of Working Group III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change Source: Letter to Gina McCarthy, Administrator, EPA, from professors affiliated with the National Association of University Forest Resources Professionals. November 6, 2014.

Our Activities Sustain Thriving, Healthy Forests “We show a substantial increase in the area of all forest types in the presence of increased pellet demand.” - Duke University & NC State University1 Pulpwood demand from pulp and paper industry down 100+ million tons annually since 1995 - U.S. Forest Service2 Galik and Abt, Sustainability Guidelines and Forest Market Response: as assessment of European Union pellet demand in the Southeastern United States. ECB Bioenergy. 2015 As cited in: United States Census Bureau. (2012). Statistical Abstract of the United States: 2012. USDA - http://blogs.usda.gov/2015/06/08/study-finds-increasing-wood-pellet-demand-boosts-forest-growth-reduces-greenhouse-gas-emissions-creates-jobs/ “An industry that can reduce greenhouse gas emissions, increase forest growth, and create jobs sounds too good to be true. But that is the reality of the emerging wood pellet market in the Southern U.S.”3 -USDA Acting Chief Economist Robert Johansson, 2015

Market Seeing Regulatory Stability and Orderly Growth Northern European countries where Enviva’s contracted long-term customers are based Policy characteristics for Enviva’s target markets Biomass energy providing a compelling answer to the energy “trilemma” of cost, decarbonization, and grid stability Baseload characteristics of biomass power seen as a major advantage as electricity systems are placed under strain U.K. and E.U. policy-makers focused on improving financial discipline on a “total cost” basis, leading to more competition among renewables, which biomass can win Adjacent biomass Combined Heat and Power (CHP) and heating markets growing, leading to additional sources of demand EPA Clean Power Plan could be new enabler for growth in nascent U.S. market 1 2 3 4 5 Growing Asian Demand Driven by New Feed-In Tariffs and Renewable Energy Standards “DECC’s priorities are clear: keeping bills as low as possible and powering the economy while decarbonizing in the most cost-effective way.” Amber Rudd, July 2015 UK Secretary of State for Energy and Climate Change

Supply Gap Created by Multiple Hurdles to Entry Commitment to Excellence in Safety, Sustainability & Reliability Wood Aggregation Wood Receiving & Storage Debarking & Chipping Drying Size Reduction Pelleting Truck Loading Port Storage & Shipping Deep Process Capabilities Required Fragmented Natural Resource Base Concentrated Customer Generation Set LIMITED SUPPLY CHAIN INFRASTRUCTURE Fiber Logistics Plant Ship Port CAPITAL INVESTMENT REQUIRED IN: Current Supply

Limited Competition Worldwide Industrial Pellet Producers and Regional Production Pellet industry historically characterized by fragmented worldwide supply base Utility trade almost exclusively one-to-one agreements between standalone plants Thus, suppliers typically build smaller plants (100k MTPY or less) often with inexperienced sponsors Enviva distinguishes itself with an industrial, enterprise-scale approach Carefully assembled team of foresters, manufacturing experts, logisticians, and engineers Multi-plant profile allows for optimization Conservative balance sheet Multi-billion dollar financial investors experienced in energy and wood products sector Source: Hawkins Wright: The Outlook for Wood Pellets – Demand, Supply, Costs and Prices; Second quarter 2015 *Includes the Southampton plant (in operation) and the Sampson plant (under construction) of Enviva Wilmington Holdings, LLC, a joint venture between a wholly-owned subsidiary of Enviva Holdings, LP (the “Sponsor”) and certain affiliates of John Hancock Life Insurance Company, but does not include other production plants being developed by the Sponsor or the joint venture." (Thousands of MTPY) $1.9B additional investment opportunity for experienced and well capitalized operator(1) (1) Hawkins Wright supply and demand data. Assumption of $220/ton of installed capacity 0 600 1,200 1,800 2,400 3,000 Solvay (U.S.) Plantation Energy (Australia) Westervelt (U.S.) Zilkha Biomass (U.S.) Tanac (Brazil) Portucel (Colombo) (U.S.) Pacific Bioenergy (Canada) Rentech (Canada) Georgia Biomass (U.S.) FRAM Renewable Fuels (U.S.) Drax Biomass (U.S.) German Pellets (U.S.) Pinnacle Pellet (Canada) Enviva (U.S.)* 0 2,000 4,000 6,000 8,000 10,000 Rest of the World Russia and East Europe Europe Baltic States Canada United States Current capacity Under construction or financed for completion by 2016

Advantaged Assets Enviva’s Production Facility in Northampton, NC

Assets at a Glance Amory, MS – 110K Wiggins, MS – 110K Bethesda, MD Northampton, NC – 500K Port of Mobile, AL – 45K+ Ahoskie, NC – 370K Port of Chesapeake, VA – 90K Port infrastructure Plants Enviva Headquarters Amory Location: Amory, MS Startup: August 2010 (acquired) Annual Production: 110K MTPY Wiggins Location: Wiggins, MS Startup: October 2010 (acquired) Annual Production: 110K MTPY Ahoskie Location: Ahoskie, NC Startup: November 2011 Annual Production: 370K MTPY Northampton Location: Northampton, NC Startup: April 2013 Annual Production: 500K MTPY Cottondale Location: Cottondale, FL Startup: May 2008 (acquired January 2015) Annual Production: 650K MTPY Current Production Plants Port of Mobile Location: Mobile, AL, Cooper Marine & Timberlands ChipCo Terminal Startup: 3rd Party Agreement Storage: Flex barge storage with 45K+ MT of capacity Port of Chesapeake Location: Chesapeake, VA, wholly owned by Enviva Startup: November 2011 Storage: Dome storage with 90K MT of capacity Port of Panama City Location: Panama City, FL, Port Panama City Startup: 3rd Party Agreement Storage: Flat warehouse storage with 32K MT of capacity Storage and Terminaling Assets Cottondale, FL – 650K Port of Panama City, FL – 32K

Advantaged Assets (3) Source: Enviva Operating Leverage of Enviva’s 1.4MM Tons Integrated Low-Cost Logistics $ / MT Port Costs Robust Resource Availability 75 mi. Northampton Hardwood Roundwood Pine Roundwood Open / Farmland (1) FIA Data, Gross of 22MM+ tons annual growth (2) Timber Mart-South 1990-2014 Port of Chesapeake, VA Southampton, VA Northampton, NC Ahoskie, NC 1MM tons annual facility demand 475MM+ tons inventory 8MM+ tons net annual fiber excess (1) 65,000+ private landowners 1.4MM MT+ consolidated annual throughput ~75mi average distance to port Dedicated, Low-Cost, Haul to Wholly Owned Terminal North Carolina Pine Pulpwood 1990-2014 CAGR = 1.89% (2) North Carolina Hardwood Pulpwood 1990-2014 CAGR = 2.18% (2) Stable Delivered Cost (2) Cost Advantage of Vertically Integrated Port (3) $- $10 $20 $30 $40 $50 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 $0 $3 $6 $9 $12 $15 250 500 750 1,000 1,250 1,500 1,750 2,000 2,250 MT/ yr of Pellet Throughput

Operational Excellence Continuous Improvement Consistent Uptime & OEE Performance OEE: Overall Equipment Effectiveness Note: Plant began operations mid-Q2 2013 Safety philosophy of “Every Accident is Preventable” Multiple facilities OSHA incident free since inception Key Performance Indicators (KPIs) drive “Lean/Six Sigma” manufacturing operations and continuous improvement Large scale and portfolio of “build and copy” assets creates operating leverage Common spares Shared services across facilities Quick to repeat, standardize, and improve 0% 20% 40% 60% 80% 100% Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Northampton Uptime Northampton OEE $- $20.00 $40.00 $60.00 $80.00 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Northampton Plant OpEx ($/MT)

Long-Term Off-take Agreements Barge-to-Ship Loading at Enviva’s Operations in Mobile, AL

Take-or-Pay Contracts Provide Stable Cash Flow Contract Pricing $ per metric ton Pricing Indices and Escalators Note: Represents examples of various pricing protection provisions within our portfolio of contracts; no single contract in our portfolio contains every pricing protection provision listed above Typical Contract Provisions Margin Protection (e.g., pass-through provisions or escalators) to protect against changes in: Cost of Fiber Indexed stumpage pricing matches underlying raw material commodity cost to regional indices Operations & Maintenance Costs Protects against changes of plant-level cost position through CPI or fixed inflator Logistics To Plant / To Port Mitigates fuel exposure through EIA indexed diesel pricing adjustment Shipping / Bunker Fuel Fixed, back to back shipping component with bunker fuel pass-throughs to customer General Inflation Protects against erosion of underlying cost position through CPI or fixed inflator applied against base price Base Price Stumpage Diesel Shipping $0 $40 $80 $120 $160 $200

Off-take Contracts Near-term opportunity to re-contract current assets and build additional drop down inventory Matched sales book to production until 2H 2017 Lowest price contract rolls off in 2H 2017; re-contracting negotiations well underway Terms have historically moved in our favor Drop down contracts are also expected to extend tenor of sales book Key market developments: MGT, RWE-Lynemouth, Drax have received U.K. government support Netherlands' co-firing bids ongoing Other European, Caribbean, and Asian opportunities

Substantial Growth Opportunities Woodyard Storage for Enviva’s Pellet Operations in Wiggins, MS

Multiple Growth Drivers MLP Growth Sponsor-Driven Growth (Subject to Five-Year ROFO) Margin Expansion Optimizing Processes Fiber Mix Re-Contracting Visible Drops Southampton Plant Sampson Plant Wilmington Port New Contracts Robust Development Pipeline Uncontracted 3rd Party Plants Acquisitions Contracted 3rd Party Plants Supply Chain

Growth Supported by Committed Investors Operations Strong Development Engine & Customer Contract Pipeline Enviva Holdings, LP “Our Sponsor” $550 Million Invested to Date $320 Million Joint Venture Separate entity that finances, develops, constructs, and commissions projects from Sponsor pipeline Currently developing the “Wilmington Projects,” consisting of three 500,000 MTPY wood pellet production plants and a deep-water marine terminal in Wilmington, NC region Sponsor can compel sale of assets to EVA if certain investment returns are achieved Capital can be recycled for future growth Attractive cost of capital with access to capital markets for long-term funding 5-year ROFO on JV and Sponsor Assets Enviva Partners, LP NYSE: EVA Finance, Construction, and Commissioning Development $27B energy/power private investment firm Principal owner of Enviva Holdings, LP John Hancock is the US unit of ManuLife Financial and the world’s largest timberland investment manager $12.0 billion and 6.7 million acres of timberlands under management

Sponsor has proposed sale of fully contracted and operational Southampton plant to EVA 510K MTPY “build-and-copy” replica of Northampton plant that has been operational since Q4 2013 Transaction comprised of sale of: 100% equity interest in Enviva Pellets Southampton, LLC which owns the plant Southampton Drop Down Process 10-year pellet off-take agreement commencing December 2015 Shipping contract matched to the CIF obligations of the off-take agreement Approximately $20 million estimated incremental Adjusted EBITDA1 Independent Conflicts Committee of Board formed and process underway Enviva Pellets Southampton (VA) Production Plant (1) See reconciliation on slide 40

Additional Sponsor Assets Contracted and in Construction Fully financed 515K MTPY “Build and Copy” replica of Northampton/Southampton plants Production will support new 10-year contract with DONG Energy commencing September 2016 Expected commissioning in Q1 2016 Approximately $20 million estimated incremental Adjusted EBITDA1 Enviva Pellets Sampson (NC) Enviva Port of Wilmington (NC) Fully financed “Build and Copy” replica of Enviva Port of Chesapeake Port under construction, ~1 million MTPY throughput contracted with Sampson plant and 3rd party volumes Expected commissioning in Q1 2016 Approximately $7 million estimated incremental Adjusted EBITDA1 Enviva Port of Wilmington (NC) Construction Enviva Pellets Sampson (NC) Construction (1) See reconciliation on slide 41

Operating Fully-Financed & Under Construction Site-Control Sites Under Assessment Port of Pascagoula, MS Port of Jacksonville, FL Abbeville, AL Capacity: 350K MT Lucedale, MS Capacity: 500K MT Laurens, SC Capacity: 500K MT Hamlet, NC Capacity: 500K MT Sampson, NC Capacity: 515K MT Southampton, VA Capacity: 510K MT Port of Wilmington, NC Port of St. Joe, FL Greenfield & Brownfield Development Pipeline (1) M&A and Partnership Opportunities Across Value Chain Site-Control assets are shown at estimated capacities and approximate locations. Sites Under Assessment assets are shown at approximate locations. Growing Sponsor Development Pipeline Pellet Plants Wood Processing Export Terminals Shipping Import Terminals Power Plants Potential Industry Consolidation Robust asset base across supply chain Enviva has a proven track record of acquisitions Complements existing development activity and enables entry to new geographies and markets

EPA’s Clean Power Plan Could Create Opportunities in the U.S. Source: Washington Post, August 2, 2015

Adjacent Markets Experiencing Rapid Demand Growth Heating Pellet Forecasted Demand1 (1) Hawkins Wright: The Outlook for Wood Pellets – Demand, Supply, Costs and Prices; Second quarter 2015 Metric Tons in Thousands Industrial Pellet Forecasted Demand1 Metric Tons in Thousands CAGR: 20% Enviva primarily serves industrial market but increasingly shipping to another large, rapidly growing market Wood pellets are largely fungible across industrial and heating markets North America demand currently forecasted at 40k tons in 2014; 110k tons in each of 2015-2019 0 5,000 10,000 15,000 20,000 25,000 30,000 2014 2015 2017 2019 Europe Asia North America Other 0 5,000 10,000 15,000 20,000 25,000 30,000 2014 2015 2017 2019 Europe Asia North America

Breaking the Fiber Logistics Barrier Unlocks North American Basis Differential Southern US Sweden Germany Latvia Japan Australia $138.00 $112.00 $156.00 $156.60 $135.20 $57.60 Annual Global Trade in Wood Products is Valued at over $250 billion Source: RISI World Timber Price Quarterly United Nations FAO Like LNG liquefaction, pelleting can turn a stranded, cost advantaged natural resource into a globally traded commodity Q4 2014 Wood Chip Price (US$/Dry Ton)

Market Size Growing Due to Application Diversity Time Market Size Coal Displacement & Power Generation Heating Applications & CHP Manufactured Wood Products Cellulosic Chemical / Polymer $/ton Increases Although the supply chain has been enabled by coal displacement and renewable heating applications, global availability of lost-cost fiber creates new markets Increasingly, customers are seeking to replace fossil fuel based hydrocarbons with bio-based hydrocarbons

Financial Highlights Night Shift at Enviva Pellets Northampton

Q2 2015 Financial Highlights Reported on July 30, 2015 Exceeded plan and generated adjusted EBITDA of $16.0 million Declared initial quarterly cash dividend of $0.2630 per unit $0.4125 minimum quarterly distribution prorated for post-IPO Period Full quarter distributable cash flow of $12.4 million Would equate to 1.27 times coverage of minimum quarterly distribution Conservative financial policies Conservative leverage ratio target of 3x EBITDA Undrawn $25 million revolver ($20 million available on a run rate basis) No material debt matures in next 4 years Maintained strong balance sheet with $76.7 million of cash for future growth On July 30, 2015, provided adjusted EBITDA guidance of $30-32 million for the second half of 2015, not including impact from any potential drop downs

Visible Drops Provide Substantial Growth 1 3 2 3 As of July 30th 2015 See reconciliation on slide 39 See reconciliation on slide 40 Visible Adjusted EBITDA Growth Fully Contracted, Operational or In - Construction Assets 5 - Year ROFO + = EBITDA Growth Adjusted EBITDA (in millions) $ 32.9 $30 - 32 $20 $20 $7 $ 55.9 2014 pro forma 1H 2015 pro forma 2H 2015 pro forma Guidance Southampton Sampson Wilmington Port

Experienced Team Tool and Die Work at Enviva’s Production Plant in Ahoskie, NC

High Caliber Leadership Management and Board with Significant Industry Experience John Keppler Chairman & CEO Steve Reeves EVP & CFO Thomas Meth EVP of Sales and Marketing Bill Schmidt EVP, GC & Secretary Royal Smith VP of Operations Jim Geraghty VP & Controller Bill Reilly Director (Independent) Michael Hoffman Director John Bumgarner Director (Independent) Ralph Alexander Director Janet Wong Director (Independent) Management Directors Black & Decker Robin Duggan Director Carl Williams Director Ray Kaszuba VP & Treasurer GM KPMG Exxon EPA Plum Creek Michelin BP Williams Buckeye

Enviva: A Compelling Story Compelling Industry Fundamentals Advantaged Assets Long-Term Off-take Agreements Experienced Management Team Substantial Growth Opportunities

Reg G Reconciliations

Non-GAAP Financial Measures Non-GAAP Financial Measures We view adjusted gross margin per metric ton, adjusted EBITDA, and distributable cash flow as important indicators of performance. Adjusted Gross Margin per Metric Ton We define adjusted gross margin per metric ton as gross margin per metric ton excluding depreciation and amortization included in cost of goods sold. We believe adjusted gross margin per metric ton is a meaningful measure because it compares our off-take pricing to our operating costs for a view of profitability and performance on a per metric ton basis. Adjusted gross margin per metric ton primarily will be affected by our ability to meet targeted production volumes and to control direct and indirect costs associated with procurement and delivery of wood fiber to our production plants and the production and distribution of wood pellets. Adjusted EBITDA We define adjusted EBITDA as net income or loss, excluding depreciation and amortization, interest expense, taxes, early retirement of debt obligation, non-cash equity compensation, and asset impairments and disposals. Adjusted EBITDA is a supplemental measure used by our management and other users of our financial statements, such as investors, commercial banks, and research analysts, to assess the financial performance of our assets without regard to financing methods or capital structure. Distributable Cash Flow We define distributable cash flow as adjusted EBITDA less maintenance capital expenditures and interest expense net of amortization of debt issuance costs and original issue discount. Distributable cash flow is used as a supplemental measure by our management and other users of our financial statements as it provides important information regarding the relationship between our financial operating performance and our ability to make cash distributions. Adjusted gross margin per metric ton, adjusted EBITDA, and distributable cash flow are not financial measures presented in accordance with generally accepted accounting principles (“GAAP”). We believe that the presentation of these non-GAAP financial measures provides useful information to investors in assessing our financial condition and results of operations. Our non-GAAP financial measures should not be considered as alternatives to the most directly comparable GAAP financial measures. Each of these non-GAAP financial measures has important limitations as an analytical tool because it excludes some, but not all, items that affect the most directly comparable GAAP financial measure. You should not consider adjusted gross margin per metric ton, adjusted EBITDA, or distributable cash flow in isolation or as substitutes for analysis of our results as reported under GAAP. Our definitions of these non-GAAP financial measures may not be comparable to similarly titled measures of other companies, thereby diminishing their utility.

Q2 2015 Financial Information Enviva, LP Predecessor Enviva Partners, LP Combined Enviva, LP Predecessor April 1, 2015 through May 4, 2015 May 5, 2015 through June 30, 2015 Three Months Ended June 30, 2015 Three Months Ended June 30, 2014 Product sales $ 28,791 $ 78,404 $ 107,195 $ 67,328 Other revenue 274 2,190 2,464 1,223 Net revenue 29,065 80,594 109,659 68,551 Cost of goods sold, excluding depreciation and amortization 24,547 64,673 89,220 60,957 Depreciation and amortization 1,928 5,106 7,034 4,695 Total cost of goods sold 26,475 69,779 96,254 65,652 Gross margin 2,590 10,815 13,405 2,899 General and administrative expenses 1,405 3,222 4,627 2,503 Income from operations 1,184 7,594 8,778 396 Other income (expense): Interest expense (1,140) (1,928) (3,068) (2,267) Early retirement of debt obligation (4,699) - (4,699) — Other income 2 13 15 — Total other expense, net (5,837) (1,915) (7,752) (2,267) Net (loss) income (4,653) 5,679 1,026 (1,871) Less net loss attributable to noncontrolling partners' interests 2 6 8 21 Net (loss) income attributable to Enviva Partners, LP $ (4,651) $ 5,685 $ 1,034 $ (1,850) ENVIVA PARTNERS, LP COMBINED AND CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands) (Unaudited)

Q2 2015 Financial Information (Cont.) ENVIVA PARTNERS, LP COMBINED AND CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands) (Unaudited) Enviva, LP Predecessor Enviva Partners, LP Combined Enviva, LP Predecessor April 1, 2015 through May 4, 2015 May 5, 2015 through June 30, 2015 Three Months Ended June 30, 2015 Three Months Ended June 30, 2014 (in thousands) Reconciliation of distributable cash flow and adjusted EBITDA to net (loss) income: Net (loss) income $ (4,653) $ 5,679 $ 1,026 $ (1,871) Add: Depreciation and amortization 1,932 5,113 7,045 4,704 Interest expense 1,140 1,928 3,068 2,267 Early retirement of debt obligation 4,699 — 4,699 — Non-cash unit compensation — 183 183 — Income tax expense (benefit) 1 (12) (11) 4 Asset impairments and disposals — 9 9 70 Adjusted EBITDA $ 3,119 $ 12,900 $ 16,019 $ 5,174 Less: Interest expense net of amortization of debt issuance costs and original issue discount 1,100 1,599 2,699 1,762 Maintenance capital expenditures 294 588 882 — Distributable cash flow $ 1,725 $ 10,713 $ 12,438 3,412

Non-GAAP Financial Measures Reconciliation The following table provides a reconciliation of the estimated range of adjusted EBITDA to the estimated range of net income, in each case for the six months ending December 31, 2015 (in millions): Six Months Ending December 31, 2015 Estimated net income $ 11.5-13.5 Add: Depreciation and amortization 12.0 Interest expense 5.2 Non-cash unit compensation 1.1 Income tax expense 0.1 Asset impairments and disposals 0.1 Estimated adjusted EBITDA $ 30.0-32.0 The following table provides a reconciliation of the estimated annual Adjusted EBITDA associated with the Southampton plant and related contracts (in millions): Estimated net income $10.7 Add: Depreciation and amortization 5.6 Interest expense 3.7 Non-cash unit compensation 0.0 Income tax expense 0.0 Asset impairments and disposals 0.0 Estimated adjusted EBITDA $ 20.0

Non-GAAP Financial Measures Reconciliation (Cont.) Our sponsor’s estimates of annual adjusted EBITDA and maintenance capital expenditures for each of the Sampson plant and the Wilmington terminal are based on numerous assumptions that are subject to significant risks and uncertainties. The assumptions underlying our sponsor’s estimates of annual adjusted EBITDA and maintenance capital expenditures generated by certain of its assets are inherently uncertain and subject to significant business, economic, financial, regulatory, and competitive risks and uncertainties that could cause actual results and amounts to differ materially from those estimates. For more information about such significant risks and uncertainties, please see the risk factors discussed or referenced in our filings with the Securities and Exchange Commission (the “SEC”), including the IPO prospectus filed on April 29, 2015 and the Quarterly Reports on Form 10-Q most recently filed with the SEC. A reconciliation of estimated adjusted EBITDA to GAAP net income is not provided because forward-looking GAAP net income generated by each of the Sampson plant and the Wilmington terminal is not accessible and reconciling information is not available without unreasonable effort. The amount of interest expense and the amount of depreciation and amortization expense with respect to the Sampson plant and the Wilmington terminal, in each case, is not accessible or estimable at this time. The amount of actual interest expense or depreciation and amortization expense, as the case may be, incurred could be significant, such that the actual amount of net income generated by each of the Sampson plant and Wilmington terminal could vary substantially from the respective amounts of estimated annual adjusted EBITDA.

Contact: Ray Kaszuba Vice President and Treasurer +1 240-482-3856 ir@envivapartners.com