Slide 1: Fourth Quarter 2024 Corporate Update
Fourth Quarter 2024 Corporate Update February 27, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements This press release contains forward-looking statements, including statements about the continued expansion of PureCycle’s business plan, the expected time of commercial sales, the commercialization of Ironton operations, the expected increase in production of the Ironton o
Slide 3: PCT Highlights
PCT Highlights Commercial First meaningful purchase order in fiber with Drake Extrusion in January First commercial product line has been launched with Churchill Container More than 20 customer application trials in various stages of progress with positive results P&G granted exclusivity for North A
Slide 4: Traditional Timeline for Application Commercialization
Traditional Timeline for Application Commercialization Pilot Trials Industrial Trials Ramp Up Steady-State Iterative process to determine the right formulation that can satisfy production requirements Test products at full-scale production site to ensure viability at commercial scale volumes Full-sc
Slide 5: P&G: Resin Approval and Scale-Up Timeline
P&G: Resin Approval and Scale-Up Timeline 2025 Expected Customer Sales Volume* [klbs] Program Collaborations: Phase 1 Applications (packaging components of several Brands/SKUs) including: Q1 Q2 Q3 Q4 Steady-State Ramp Up Industrial Trials Pilot Trials Phase 1 Timeline: Lead Programs Expected Custome
Slide 6: Successful Commercialization of Fiber
Successful Commercialization of Fiber Problem Traditional PP recycled resin has been used in very limited capacity for fiber applications due to excessive contaminants that cause fiber/yarns to break during production. Solution PureCycle’s purification process increases the purity of PP in the recyc
Slide 7: First Commercial Product Line with PureFive Resin
First Commercial Product Line with PureFive™ Resin Active Inquiries Professional Football Professional Baseball Professional Soccer University Programs Market Opportunity Each team represents 50k-100k lbs. of volume Solution PureFive™ resin proved to be a drop-in replacement for Churchill's virgin r
Slide 8: 250+ MM lbs of Resin Sale Potential in Active Trials
250+ MM lbs of Resin Sale Potential in Active Trials 11+ Billion Market End Markets Active Application Trials Successful Applications Approx Potential Volume For Applications In Trial (MM lbs.) Active Trials/Pending Trials FDA Rigid Packaging Foodservice Packaging Food Retail Packaging Personal Care
Slide 9: PureCycle Manufacturing Update
PureCycle Manufacturing Update Ironton produced 3.6MM lbs. of resin, a portion of which, helped create 4MM lbs. of compounded material in Q4 Our path to nameplate capacity is improving - recently reached a new rate record of 12.5 klbs./hr. Quality is improving – we produce the quality to meet the ne
Slide 10: Q4 2024 Liquidity Update
Q4 2024 Liquidity Update Unrestricted Cash Uses: ($9.3MM) Ironton operations and maintenance ($41.4MM) progressing growth projects ($5.0MM) general corp (non-payroll), legal and professional fees, insurance and other services ($7.3MM) Payroll/benefits ($5.0MM) SOPA Revenue Bond interest Raised $33MM
Slide 11: Fourth Quarter 2024
Fourth Quarter 2024 Corporate Update February 27, 2025