Slide 1: Fourth Quarter 2024 Earnings Call
Fourth Quarter 2024 Earnings Call Enabling the world’s transition to sustainable materials. March 13, 2025
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: Guidance at a glance
Guidance at a glance Strong business fundamentals and clear path forward Strong demand, high barriers to entry, strong strategic interest in Origin across customers and partners Origin will focus on expanding supply in 2025 to realize substantial revenue in 2026. 8 CapFormer Lines $110-140M Revenue
Slide 4: >$65 Bn Market
Origin is 1st to market with commercial PET cap Strong demand pull >$65 Bn Market • Long history of market need for PET closure solution • Easy adoption, minimal changes to customer machinery • Cost competitive, customer willingness to pay premium Better performance and sustainability • PET can impr
Slide 5: We are going to market with the Origin PET 1881
We are going to market with the Origin PET 1881 Commenced commercial production in February, 2025 Product Information Cap Material PET / rPET Container Material PET / rPET Neck Finish 28mm PCO 1881 Security Slit Tamper Band Weight 1.5—1.8 g Filling Cold / Aseptic Barrier of PET Material ~40x carbon
Slide 6: Manufacturing and commercial progress
Manufacturing and commercial progress Manufacturing Capacity Build Out Commercial Commenced Commercial Production of First Growing Pipeline of Prospective Customers Engaged in Testing CapFormer Line February 2025 and Qualification On Track for Eight CapFormer Lines in 2025, Ramping to Caps Being Tes
Slide 7: Origin CapFormer System
Origin CapFormer System Thermoforming plus proprietary design elements Simplified overview of CapFormer System PET Roll Sheet Heating Forming Trimming Finishing Collection Milestone, February 2025: Commencement of Production Novel Applications of Thermoforming, Slit-and-Fold Technology, and Key Prop
Slide 8: Origin PET cap manufacturing overview
Origin PET cap manufacturing overview Mass Production Partners: Operate Origin CapFormer Systems Origin PET Caps Customers Origin anticipates owning lines & potentially licensing lines for rapid scaling Manufacturing Equipment Subsystem Suppliers Bottling Line Optical Thermoforming Slit and Fold Ins
Slide 9: Fundamental technology advantage
Fundamental technology advantage Origin PET caps beat alternatives Origin has substantial intellectual property enabling it to lead a new category of closure HDPE/PP Alternative PET Cap Methods Incumbent None currently commercially viable Recyclable 1 2 / 5 1 Cost competitive production X Drop in X
Slide 10: Multiple potential growth levers
Multiple potential growth levers enable Origin to scale and win Technology New Formats Additional Features Additional Lines Advancement < 12 months from More throughput and Potentially hundreds of E.g., tethers connecting caps order to operation efficiency per line formats, & not just to bottles bev
Slide 11: Enabling the world's transition to sustainable materials.
Enabling the world’s transition to sustainable materials.