Innventure, Inc. · NASDAQ:INV
Innventure — Investor Presentation (March 2026)
48 slides from Innventure's investor presentation, Mar 19, 2026
Slide 1: Innventure Presentation
Innventure Presentation ® March 19, 2026
Slide 2: Disclaimer
2 Disclaimer The material that follows is a presentation ("Presentation") of information about Innventure, Inc. and its subsidiaries (together referred to herein as "Innventure," the "Company," "us," "our," or "we") as of the date of this presentation. The Presentation does not purport to contain al
Slide 3: Disclaimer (cont.)
3 Disclaimer (cont.) • operational risks related to the Company’s subsidiaries that have limited or no operating history; • the implementation, market acceptance and success of the Company’s and its subsidiaries’ business models and growth strategies; • the Company’s and its subsidiaries’ future cap
Slide 4: Disclaimer (cont.)
4 Disclaimer (cont.) Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward- looking statements. All subsequent written and oral forward-looking statements co
Slide 5: Innventure – A Technology Commercialization Company
5 Innventure – A Technology Commercialization Company ® Innventure founds, funds, operates, and scales companies in strategic collaboration with multinational corporations (“MNCs”). We source technology solutions from R&D teams, channel partners, and innovation networks seeking value from their inno
Slide 6: Innventure at a Glance
6 A Innventure at a Glance ® Innventure founds, funds, and operates companies around transformative, sustainable technology solutions in collaboration with multinational corporations (MNCs), channel partners, or innovation networks. Leveraging market data from MNCs, Innventure acquires or licenses I
Slide 7: Why Innventure is at an Inflection Point
7 A Why Innventure is at an Inflection Point ® (1) • $50M+ in Q1 2026 bookings from operating companies, signaling commercial inflection point • Accelsius projected to be cash flow positive by YE 2026; Innventure targeting consolidated cash flow positivity in 2028 • AeroFlexx and Refinity launching
Slide 8: Why Innventure is at an Inflection Point
8 A Why Innventure is at an Inflection Point ® Following Innventure's deSPAC, Accelsius became the natural centerpiece of the investor narrative. Its momentum was clear, and its market timing was undeniable. Accelsius: Cash Flow Positive Expected by Year-End 2026(1) Accelsius continues to scale rapi
Slide 9: Why Innventure is at an Inflection Point
9 A Why Innventure is at an Inflection Point ® But Innventure was never a single-asset story. AeroFlexx and Refinity have each reached their own commercial and technical inflection points – and both are now raising capital independently. AeroFlexx(1) Secured a global commercial partnership with Aved
Slide 10: What Differentiates Innventure's Model
10 A What Differentiates Innventure’s Model Venture Capital Traditional Private Equity MNCs Liquidity for Investors X X Investor/LP Time Significant Significant Limited None Constraint Ability to Redeploy Cash Flow X X Launched Companies’ Low Medium Low High Expected Success Rate Operational Mature
Slide 11: What Makes Innventure Unique
11 A What Makes Innventure Unique ® Innventure founds, funds, and operates companies around transformative, sustainable technology solutions in collaboration with multinational corporations (MNCs), channel partners, or innovation networks. Significant monetary and time Acquire or license a proven te
Slide 12: Companies Created by Innventure
12 A Companies Created by Innventure ® (1) The first scalable The all-in-one Pioneering two-phase, Today only 9% of plastic polypropylene recycling revolution in responsible direct-to-chip liquid is recycled – Refinity process in the market plastic packaging cooling technology targets the other 91%
Slide 13: Innventure's Disruptive Conglomerate Model
13 A Innventure’s Disruptive Conglomerate Model Model designed for compound growth for outsized, risk-adjusted investment returns Innventure’s compound growth $ VALUE Companies 4,5, etc… Company 3 Company 2 Company 1 TIME For illustrative purposes
Slide 14: Market Opportunity
14 B Market Opportunity MNCs invest over a trillion dollars annually in Research & Development – much of that is not commercialized MNCs spend over a trillion But they only commercialize The opportunity: Systematically acquire or MNCs invest in R&D to dollars annually developing a small fraction of
Slide 15: Disruptive Conglomerate Model vs. Venture Investing
15 B Innventure’s Disruptive Conglomerate Model vs. Venture Investing A venture investor is generally investing in startup companies based upon their bias towards the technology, the sector, or the team. Innventure seeks to mediate those risks via a systematic process designed to increase the likeli
Slide 16: The Closed Loop Model
16 B The Closed Loop Model Systematic efforts to mitigate risks inherent in creating and growing high growth, disruptive companies 1 2 Institutional Access Advantage Access Institutional Data Set Data Set Access to technology solution that is Advantage Deep MNC market knowledge related to the availa
Slide 17: The Innventure Strike Zone
17 B The Innventure Strike Zone ® Proven Industrial Technology(1) Risk-Mitigated Business Commercial-grade technology solutions Seeking proven technologies(1) that have with the potential to enable significant, risks that have been significantly mitigated additional quantifiable value opportunities
Slide 18: Innventure's DownSelect Analysis
18 C Innventure’s DownSelect Analysis ® Seeks to identify a significant unmet market need with a transformative technology solution that generates meaningful economic value (for both NewCo and MNC) and has a derived, strategic path to market adoption through the MNC – completing the Closed Loop Mode
Slide 19: Technology Pipeline by Phase Since Inception
19 D Technology Pipeline by Phase Since Inception (1) Innventure Value Creation 158 368 Cumulative number 39 of technologies reviewed based on relationships with 15 4 MNCs and/or their channel partners since inception - PureCycle - AeroFlexx - Accelsius - Refinity Pipeline narrowed through DownSelec
Slide 20: Drivers of the Innventure Opportunity
20 D Drivers of the Innventure Opportunity ® Technology constantly changes business across a diverse set of use-cases. Innventure has extensive experience screening technologies for commercialization to meet expected unmet market needs. Key market drivers and markets in need of a technology solution
Slide 21: Illustrative Innventure Company Creation Timeline
21 D Illustrative Innventure Company Creation Timeline ® Symbiotic relationship with MNCs creates potential value for both parties Commercialize the technology and Innventure Value Creation Evaluate opportunity via DownSelect: scale the business: • Test technology’s business viability using MNC data
Slide 22: Risk Considerations and Mitigation
22 D Risk Considerations and Mitigation Risk Considerations Mitigation Strategies Seasoned leadership team with entrepreneurial, operational, and capital markets expertise in Execution early-stage companies from inception through commercialization Adoption MNCs catalyze early market adoption by beco
Slide 23: Innventure Companies
INNVENTURE COMPANIES
Slide 24: Timeline for Innventure Companies
24 E Timeline for Innventure Companies ® Repeatable methodology to build valuable companies within several years of launch YEAR 0 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9+ Technology Secured feedstock & Tech validated – FEU Ironton Plant sourced offtake agreements production li
Slide 25: PureCycle
@ PURECYCLE
Slide 26: PureCycle Overview
26 (1) E PureCycle Overview (1) Company Description Relevant History Patented recycling process removes color, odor and other contaminants from plastic waste feedstock to transform it into Ultra-Pure Recycled Polypropylene (“UPRP”) resin with 2015 2019 2020 2021 virgin-like properties Launch First F
Slide 27: AeroFlexx
AEROFLEDK
Slide 28: AeroFlexx Overview
28 E AeroFlexx Overview Company Description Relevant History Innovative Liquid Package Revolutionary liquids packaging solution that combines the benefits of both rigid and flexible packaging into a single offering 2018 2022 2024 2025 2026 Sustainable Solution ĕleeo Brands P&G First Dynapack Aveda S
Slide 29: AeroFlexx Executive Leadership
29 E AeroFlexx Executive Leadership Andrew Meyer Jim Traut Cedric D’Souza Boris Gavric Veronica Sebald Chief Executive Officer VP, Finance and Accounting Chief Technology Officer Chief Operating Officer VP, Quality Control Andrew is the CEO of Jim brings with him extensive Cedric is the CTO of Boris
Slide 30: AeroFlexx Leadership
30 E AeroFlexx Leadership Kristen Lewis Peter Messacar VP, Marketing VP, Commercial and Business Development Kristen Lewis is the Vice President of Marketing for Peter Messacar is the VP of AeroFlexx and brings more Commercial and Business than 15 years of professional Development at AeroFlexx. He b
Slide 31: Accelsius
di, ACCSLSIUS 2 e@SOCCCe
Slide 32: Accelsius Overview
32 E Accelsius Overview Description Relevant History Groundbreaking Two-Phased Liquid Cooling Technology For Data Centers Accelsius groundbreaking NeuCool Platform employs a 2022 2023 2024 2025 two-phase, direct-to-chip liquid cooling method, with 49% Technology Corp HQ $24M $65M JCI/Legrand Strateg
Slide 33: The Market Need
33 E The Market Need Evolution of Rack Power Densities and Cooling Regimes (2000-2030) 1 MW Rack Power Density (kW) Single-Ph 500 kW 0 2000 2005 2010 2015 2020 2025 2030 Source: https://edgecore.com/2025-data-center-market-trends-report-building-for-whats-next/
Slide 34: The Solution: Accelsius
34 E The Solution: Accelsius Best in Class Liquid Cooling Technology Accelsius’ groundbreaking NeuCool Platform employs a two-phase, direct-to-chip liquid cooling method, with 49% expected reduction in energy usage (1) vs electricity used for legacy air-cooling systems and opportunity to increase th
Slide 35: The Tipping Point: The When is Now
35 E The Tipping Point: The When is Now Sep 25, 2025 – Accelsius Unveils Two-Phase Cooling Reference Design Industry-accessible two-phase cooling reference design, developed in collaboration with Jacobs Engineering. Oct 6, 2025 – Johnson Controls Investment in Accelsius Announced Johnson Controls, t
Slide 36: Accelsius Executive Leadership
36 E Accelsius Executive Leadership Josh Claman Richard Bonner, Ph.D. Jeff Taus Robert Wehmeyer Matt Cruce Chief Executive Officer Chief Technology Officer VP of Engineering Chief Financial Officer Chief Supply Chain Officer Josh has over 30 years of Dr. Bonner has over 18 Jeff brings extensive serv
Slide 37: Slide 37
Slide 38: Refinity Overview
38 E Refinity Overview Description Relevant History Today, only 9% (or 240M tons/year) of produced plastic is recycled, with most ending up in landfills or as litter.(1) 2024 2024 2025 2026 2026 Refinity is focused on the other 91%. Company Exclusive Successful 2 Additional Secured 2 Launch Technolo
Slide 39: Refinity Executive Leadership
39 E Refinity Executive Leadership Chief Executive Officer – Bill Grieco Grieco previously served as Innventure’s Chief Technology Officer and is an entrepreneur, innovator, and business leader who has spent the last 25 years leading R&D and commercialization organizations in the chemical, pharmaceu
Slide 40: Sustainability
SUSTAINABILITY
Slide 41: Sustainability as a Value Driver
41 E Sustainability as a Value Driver Helping MNC partners unlock economic value while achieving sustainability targets Evidence of Value PureCycle(1) – Purifies and recycles post-industrial and post- Economic Value Driver Core Model Strength consumer polypropylene waste back to a like virgin grade
Slide 42: Innventure's Economic Sustainability Playbook
42 E Innventure’s Economic Sustainability Playbook Process for systematically scaling our businesses Evergreen Consolidated model is expected to allow cash flows from operations to fund Innventure going forward Commercialize MNC becomes early adopter of technology solution and/or Deploy World- provi
Slide 43: Innventure Leadership
INNVENTURE LEADERSHIP
Slide 44: Innventure Leadership – Executive Committee
44 E Innventure Leadership – Executive Committee Bill Haskell David Yablunosky Mike Otworth Dr. John Scott Roland Austrup Chief Executive Officer Chief Financial Officer and Co-founder, Executive Co-founder, Chief Chief Growth Officer Chief Accounting Officer Chairman Strategy Officer Bill serves as
Slide 45: Leadership
45 E Leadership Suzanne Niemeyer Lucas Harper, CAIA Colin Scott Bruce Brown General Counsel Chief Investment Officer, Senior Vice President, Lead Independent Investment Committee DownSelect® Director Suzanne serves as General Counsel at Lucas is a member of the Investment Colin leads Innventure’s Do
Slide 46: Creating Companies to Transform Tomorrow
Innventure Creating Companies to Transform Tomorrow
Slide 47: Appendix
APPENDIX
Slide 48: DownSelect Quality Scoring
48 Market DownSelect™ Comprehensive assessment of market size, competitive dynamics and overall attractiveness Quality Scoring Helps prioritize evaluation and development of opportunities by integrating information in an Value iterative loop across five key Quantification of the expected interconnec