Slide 1: First Quarter 2024 Earnings Call
First Quarter 2024 Earnings Call The world’s leading carbon negative materials company May 14, 2024
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: Origin Materials – Value creation framework
Origin Materials – Value creation framework The world’s leading carbon negative materials company > $1 Trillion TAM Technology Platforms PET Caps & Closures Biomass Conversion Technology Specialty Materials >$10Bn demand1 Recycling circularity, mono-material Transforms carbon into sustainable materi
Slide 4: >$65 Bn Market: first to market with scalable PET cap
Positioned to be 1st to market with commercially scalable PET cap Origin’s PET caps and closures business, announced August 2023, is advancing rapidly 1. Better performance and sustainability • Better barrier properties than HDPE and PP1 • Enables lightweighting >$65 Bn Market • Can improve product
Slide 5: PET caps and closures – PackSys Global partnership
PET caps and closures – PackSys Global partnership PackSys Global is the leading packaging machine producer for plastic closure slitting machines “Origin Materials Partners with PackSys Global on World’s First PET Cap and Closure Manufacturing System” – April 30, 2024 Watch the video > 5
Slide 6: PET caps and closures – IMDvista partnership
PET caps and closures – IMDvista partnership IMDvista is a Swiss high-tech company specializing in the vision inspection of closures “Origin Materials Partners with IMDvista on World’s First PET Cap and Closure Manufacturing System” – May 2, 2024 Watch the video > IMD laboratory and test room. 6
Slide 7: Product announcements and technical milestone – Capping trial
Product announcements and technical milestone – Capping trial Product Announcements 5/6: “World’s 1st CSD (Carbonated Soft Drink) PET cap” 5/7: “World’s 1st tethered PET cap” Capping Trial We successfully completed a capping trial on a commercial bottling line applying Origin PET caps to thousands o
Slide 8: Accelerated procurement of additional high-throughput caps manufacturing lines
We have accelerated the procurement of multiple additional high-throughput caps manufacturing lines These systems will complement our first high-throughput production line, which is already purchased High-throughout commercial production lines We aim to bring our first manufacturing system online du
Slide 9: Biomass conversion technology milestone
Biomass conversion technology milestone “Origin Materials Converts Wood Residue Feedstock into Sustainable Intermediates at Commercial-Scale Plant” – April 3, 2024 Watch the video > 9
Slide 10: We are reaffirming fiscal year 2024 financial guidance
We are reaffirming fiscal year 2024 financial guidance 2024 net cash burn Significant gross profit Path to profitability anticipated expected to be generation from caps to require no equity capital raise between $55 and $65M and closures expected to start in 2025 Solid minimum cash floor With revenu
Slide 11: Appendix
Appendix
Slide 12: Pathway to sustained profitability and substantial value creation
Pathway to sustained profitability and substantial value creation Near Term: Self Funding, Low Capex Sustained Profitability Origin - Caps & closures revenue could begin within 9 months $Billions in >$65B $146M - Potential New Application Revenue Value Creation - Existing Revenue Market Cash Potenti
Slide 13: The world’s leading carbon negative materials company
The world’s leading carbon negative materials company