Avantium N.v. · EURONEXT:AVTX

Avantium — Investor Presentation (September 2020)

20 slides from Avantium's investor presentation, Sep 19, 2020

1. Slide 1: Avantium VFB Happening

   Avantium | presentation AVANTIUM VFB HAPPENING 19 September 2020 1

2. Slide 2: Disclaimer

   Discla imer Avantium | presentation This presentation has been prepared by Avantium N.V. (the “Company”). For the purposes of this notice, the presentation that follows (the “Presentation”) shall mean and include the slides that follow, the oral presentation of the slides by the Company, the questio

3. Slide 3: Avantium: experienced leadership team

   Ava ntium: experienced lea dership tea m Proven tra ck record of technologica l a nd opera tiona l excellence Avantium | presentation Management Team Education: Economics (Amsterdam) and Bart Welten Gert-Jan Gruter Chemistry (Utrecht) CFO CTO Today’s Selected previous / other positions: ( @Avantium

4. Slide 4: Plastic is a 'success' story

   1. The Problem 2. Our Solutions 3. The (Future &) Benefits 4. Key Takeaways 5. Addendum Pla stic is a ‘success’ story 1,200Mt 20x increa se over the la st 50 yea rs - expected to more tha n triple by 2050 Avantium | presentation (2050) 311Mt 350 (2014) 300 250 200 150 100 15 15Mt Mt 50 (1964) (1964)

5. Slide 5: Production, use and waste cause major environmental problems

   Production, use a nd wa ste ca use ma jor environmenta l problems Avantium | presentation 2014 2050 >90% of conventional plastic is not recycled (1950 - 2015): Conventional  Many plastic applications, such as plastics small sized bottles are not production recyclable, as they include other 311 Mill

6. Slide 6: Consumers have increasing environmental concerns

   Consumers ha ve increa sing environmenta l concerns Pressure on industries to shift to circula rity a nd decouple pla stics from fossil feedstock Avantium | presentation 6

7. Slide 7: Avantium to revolutionise the plastics industry

   Ava ntium to revolutionise the pla stics industry Picked up by numerous globa l media outlets a nd on socia l media Avantium | presentation 16 May 2020 18 May 2020 17 May 2020 22 May 2020 7

8. Slide 8: Avantium: innovation-driven chemical technologies

   Ava ntium: innova tion-driven chemica l technologies Producing chemica ls from renewa ble sources for a wide ra nge of consumer goods Avantium | presentation  Two lead products:  FDCA, the chemical building block for PEF: a novel, first-in-class plant- based polyester targeting $200+ billion marke

9. Slide 9: A coherent portfolio of renewable products

   A coherent portfolio of renewa ble products Focused on pla nt-ba sed pla stics, a dva ncing towa rds commercia lisa tion Avantium | presentation = Avantium technology agri crops I FDCA packaging PEF >$150bn sugars textiles non-food biomass >$40bn II 100% plant-based plant-MEG film forestry & agri >$

10. Slide 10: FDCA and plant-MEG together make a 100% plant-bottle

    FDCA a nd pla nt-MEG together ma ke a 100% pla nt-bottle Avantium | presentation A 100% green plastic bottle can only be produced using plant-MEG and FDCA PET PEF Crude oil Sugars MEG PTA pla nt-MEG FDCA PET Bio-PET PEF 100% fossil 100% plants FDCA = furandicarboxylic acid PEF = polyethylene furanoa

11. Slide 11: FDCA, the building block for PEF, the plastic of the future

    FDCA, the building block for PEF, the pla stic of the future Superior performa nce, susta ina ble a nd well positioned for (high-) va lue a pplica tions Avantium | presentation Highly differentiated performance plastic High-value PEF applications Multi layer bottles  100% PEF  100% PEF as barrier

12. Slide 12: Example: partnership with Paboco

    Exa mple: pa rtnership with Pa boco® Industry consortium developing the ‘Pa per Bottle’ Avantium | presentation  Paboco®, Paper Bottle Project, an innovation community joining leading brands  Carlsberg presented the first prototypes of the Paper Bottle in October 2019, testing in 2020 PEF will pro

13. Slide 13: Scaling-up FDCA/PEF: first-to-market advantages

    Sca ling-up FDCA/PEF: first-to-ma rket a dva nta ges Achievements a nd next steps Avantium | presentation LABORATORY PILOT FLAGSHIP INDUSTRIAL  2008  2011 - today  2023 onwards  2024 and beyond  Amsterdam  Geleen  Delfzijl  Global  Kilogrammes/annum  Tonnes/annum  5 kilotonnes/annum  >10

14. Slide 14: FDCA flagship plant: investment decision end of 2020

    FDCA fla gship pla nt: investment decision end of 2020 Fla gship pla nt: va lida te ma rketed products a nd production Avantium | presentation Scale Location 5 kilotonnes of FDCA/annum Chemie Park Delfzijl Rendered image of the Flagship Plant design Greenfield plot @ Chemie Park Delfzijl Market focu

15. Slide 15: Partnerships throughout the PEF value chain

    Pa rtnerships throughout the PEF va lue cha in Va lida ting the commercia l production a nd driving commercia lisa tion Avantium | presentation Some examples: Feedstock Engineering Polymerisation Converters Brand owners Consumers Funding partners (grants): 15

16. Slide 16: PEF: market launch and commercialisation

    PEF: ma rket la unch a nd commercia lisa tion Process to fund commercia l sca le FDCA/PEF fla gship pla nt (Ava ntium subsidia ry) Avantium | presentation Estimates in € million 150 35 30 150 20 Already committed 110 65 Capex & Opex (starting Total Avantium Conditional financing BBI grant Additional

17. Slide 17: Plant-MEG, a key ingredient for plastics and textiles

    Pla nt-MEG, a key ingredient for pla stics a nd textiles Meeting the needs of consumers Avantium | presentation Consumers are increasingly making Brands must adapt to Large end- Value proposition: environmentally conscious choices: their consumers: markets: The use of plant-MEG will provide brands w

18. Slide 18: Scaling-up and commercialising plant-MEG

    Sca ling-up a nd commercia lising pla nt-MEG Pla nt-MEG ha s potentia l in existing ma rkets a nd a pplica tions Avantium | presentation LABORATORY PILOT FLAGSHIP INDUSTRIAL  2010  2020 start-up  2024 - 2025  TBD  Amsterdam  Delfzijl  Location TBD  Global  Kilogrammes  10 tonnes  Scale TB

19. Slide 19: Investment highlights

    Investment highlights Ava ntium offers solutions for consumer driven renewa ble trends of pla stic wa ste Avantium | presentation a nd CO2 reduction Leading innovative products FDCA and plant-MEG are the key ingredients for novel polymer PEF: 100% plant-based, recyclable and degradable with superior

20. Slide 20: Thank You

    Avantium | presentation Tha nk You ir@avantium.com 20

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