Slide 1: Second Quarter 2024 Earnings Call
Second Quarter 2024 Earnings Call Enabling the world’s transition to sustainable materials. August 14, 2024
Slide 2: Forward looking statements and disclaimers
Forward looking statements and disclaimers FORWARD-LOOKING STATEMENTS. This presentation and the accompanying oral presentation have been prepared by Origin Materials, Inc. (“Origin”) for informational purposes only and not for any other purpose. Certain statements included in this presentation that
Slide 3: Origin Materials – Value creation framework
Origin Materials – Value creation framework A leading technology company enabling the ‘once in a planet’ shift to sustainable materials > $1 Trillion TAM Technology Platforms PET Caps & Closures Biomass Conversion Technology Specialty Materials >$10Bn demand1 Recycling circularity, mono-material Tra
Slide 4: Positioned to be 1st to market with commercially scalable PET cap
Positioned to be 1st to market with commercially scalable PET cap Origin’s PET caps and closures business, announced August 2023, is advancing rapidly Better performance and sustainability • Better barrier properties than HDPE and PP1 >$65 Bn Market • Enables lightweighting • Can improve product she
Slide 5: Latest caps progress includes 1st customer MOU for >$100M over 2-year term
Latest caps progress includes 1st customer MOU for >$100M over 2-year term We reaffirm commercial production is on track to begin during 4Q2024, with revenue to begin ramp-up during 1Q2025 New Commercial Milestones New Manufacturing Milestones Produced over 1,000,000 caps to date. 1st customer MOU t
Slide 6: European PET cap mass production – Bachmann Group
European PET cap mass production – Bachmann Group Swiss group of companies with expertise in packaging production, quality, and logistics “Origin Materials and Bachmann Group to Mass Produce PET Caps and Closures” – May 29, 2024 6
Slide 7: North American PET cap mass production – Reed City Group
North American PET cap mass production – Reed City Group Partnership enables geographic expansion complementary to European capability “Origin Materials and Reed City Group Announce North American Mass Production Partnership for PET Caps and Closures” – August 8, 2024 7
Slide 8: Origin unveils tethered PET beverage cap manufacturing innovations
Origin unveils tethered PET beverage cap manufacturing innovations Origin is the only provider of PET beverage caps, and offers the world’s first tethered PET cap “The EU Single-Use Plastics Directive, which came into effect last month, mandates that caps stay connected to bottles throughout the Eur
Slide 9: Biomass conversion technology – Multiple partners engaged with materials
Biomass conversion technology – Multiple partners engaged with materials CMF HTC CMF storage tanks at Origin 1 in Sarnia, Ontario, Canada. HTC shown dropping from the filter press at Origin 1 to roll off bin. Raw and carbonized HTC shown at right. 9
Slide 10: We are reaffirming fiscal year 2024 financial guidance
We are reaffirming fiscal year 2024 financial guidance 2024 net cash burn Significant gross profit Path to profitability anticipated expected to be generation from caps to require no equity capital raise between $55 and $65M and closures expected to start in 2025 Solid minimum cash floor With revenu
Slide 11: Enabling the world’s transition to sustainable materials.
Enabling the world’s transition to sustainable materials.