Slide 1: Second Quarter 2026 Corporate Update
Second Quarter 2026 Corporate Update August 6, 2026 Confidential Information. Do Not Distribute. Confidential Information. Do Not Distribute. 11
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements, including statements about the continued execution of PureCycle’s business plan, the expected results of tests and trials, the expected timing of commercial sales, and planned future updates. In addition, any statement
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures PCT uses certain financial measures that are not calculated in accordance with generally accepted accounting principles in the U.S. (“GAAP") to supplement its financial statements. The Company's primary non-GAAP financial measures are EBITDA and Adjusted EBITDA. The Compa
Slide 4: PCT Highlights
PCT Highlights • Ironton turnaround completed ahead of schedule and below budget; 170+ site projects executed, including the two largest constraints of the past year Operations • Achieved new daily throughput record post-turnaround and demonstrated production at 12,000 pounds per hour • On-site comp
Slide 5: Q2 Execution Positions a Second-Half Ramp
Q2 Execution Positions a Second-Half Ramp • Delivered in Q2 • Turnaround completed ahead of schedule and below budget; the two largest reliability constraints of the past year addressed • On-site compounding commissioned: we can now produce exactly what a customer specifies, consistently • Sixth con
Slide 6: Turnaround Complete; Reliability Improved
Turnaround Complete; Reliability Improved Quarterly rPP Production (MM lbs) Q2 2026 Key Highlights • Q2 production of 4.5MM lbs; turnaround completed ahead of 8.4 schedule and below budget, with 170+ site projects executed 7.5 7.2 • Deliberately operated with low volume; new equipment commissioned a
Slide 7: On-Site Compounding: Meeting Customer Requirements
On-Site Compounding: Meeting Customer Requirements Progress Since Mechanical Completion • Running 24/5, with focus on sample development and customer qualification; planned shift to railcar deliveries in 2H and 24/7 in Q4 • In-house formulation control lets us match a customer’s unique specification
Slide 8: Opportunity Pipeline Continues to Strengthen
Opportunity Pipeline Continues to Strengthen 42 15 28 20 BRANDS CONVERTERS APPLICATIONS COMPOUNDING GRADES 13 clear / 7 white Qualification stages, and how each moved in Q2 58 Samples shipped +21 in Q2 69 Active customer trials +15 in Q2 10 Qualified applications +3 in Q2 APPLICATIONS ALREADY PRODUC
Slide 9: Branded Customer Adoptions Are Gaining Momentum
Branded Customer Adoptions Are Gaining Momentum TIMING 37 programs advanced at least one qualification stage in Q2 For PCT, the New Jersey clock only started in mid-May Customer Adoption • Recycled-content approval was granted in mid-May: a one-year conditional approval with a path to permanent • P&
Slide 10: A Diverse Product Range Underpins the 2H 2026 Ramp
A Diverse Product Range Underpins the 2H 2026 Ramp Recycled content mix, by volume 100% PCR 45% 50% PCR 29% 30% PCR 24% Color mix, by volume 7% Clear 71% White 20% Black Customer trials or qualification Shipping to a converter in In trials underway Commercial commercial production In sales Sold into
Slide 11: P&G: Continues to Add New Applications
P&G: Continues to Add New Applications Downy detergent caps on select bottles • PureFive® resin qualified • First commercial resin deliveries began in Q2 2026 • Commercial production underway Tide detergent caps on select bottles • PureFive® resin qualified • First commercial resin deliveries began
Slide 12: IPL & Cleveland Kitchen: Branded Retail Conversion
IPL & Cleveland Kitchen: Branded Retail Conversion • Cleveland Kitchen 24 oz. deli containers with 25% PureFive® recycled polypropylene hit store shelves in June 2026 • Produced by converter IPL Schoeller; now on shelves at leading retail chain • Demonstrates PureFive® performing in demanding food-c
Slide 13: Regulation Is Accelerating Customer Focus and Adoption
Regulation Is Accelerating Customer Focus and Adoption United States Europe Asia Expected demand for Ironton Expected demand for Antwerp Expected demand for Thailand • New Jersey approval secured in May: one- • Packaging and Packaging Waste • Japan approved physically recycled year conditional, with
Slide 14: Recycled-Content Regulation Is Global and Accelerating
Recycled-Content Regulation Is Global and Accelerating Mandates in force or phasing in across the Americas, Europe and Asia Americas Europe East Asia South & SE Asia & Oceania Overview Confidential Information. Do Not Distribute. Operations Commercial Growth Finance 14 14
Slide 15: Thailand Project Update
Thailand Project Update Project Financing Timeline & BOI Feedstock & Offtake • Project financing progressing • The facility is expected to become • Feedstock: 7 signed LOIs with Thai • Currently negotiating binding terms operational in 2028 suppliers, 96–156 kt/yr against a 65–70 • Groundbreaking ex
Slide 16: Q2 2026 Financial Results
Q2 2026 Financial Results Adjusted EBITDA Reconciliation (in millions) Key Performance Indicators Q2 2026 Q2 2025 Q2 2026 Q1 2026 Q2 2025 Net Loss $(142.2) $(144.2) Consolidated Plus: Interest expense 15.4 17.6 Revenue ($MM) $4.5 $4.1 $1.7 Less: Interest income (1.0) (0.6) Monthly Ops. Spending ($MM
Slide 17: Q2 2026 Capital Usage & Liquidity
Q2 2026 Capital Usage & Liquidity Q1 Total Liquidity $131.0 Notes • Ongoing ops+corp spend of $31.0MM ($10.3MM/mo) = $8.3MM/mo core spend + $2.1MM/mo Operations Cost (incl. Denver & Feedstock) (20.9) feedstock, virgin PP and additive purchases for the ramp and new compounding operation • Debt Servic
Slide 18: Second Quarter 2026 Corporate Update
Second Quarter 2026 Corporate Update August 6, 2026 Confidential Information. Do Not Distribute. Confidential Information. Do Not Distribute. 18 18