Avantium N.v. · EURONEXT:AVTX
Avantium — Investor Presentation (September 2026)
37 slides from Avantium's investor presentation, Sep 1, 2026
Slide 1: Avantium Investor Presentation September 2026
Avantium Investor Presentation Septembe r 2026 Investor Presentation – September 2026 1
Slide 2: Disclaimer
Disclaimer 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 question - and answer session
Slide 3: Avantium made significant progress over the last 12 months
Avantium made significant progress over the last 12 months Completion of FDCA Start - up nearing completion; working toward 1 st sales under offtake Flagship Plant agreements to commence end of 2026 23 offtakes for FDCA Flagship Plant product sales; Commercial momentum 16 capacity reservations (
Slide 4: Avantium enters commercial stage
Avantium enters commercial stage Transforming sugars into next - generation bio - based plastic: releaf® Technology Leader Commercial Stage Transforming sugars into FDCA, Expecting first revenues from the the key building block for PEF FDCA Flagship Plant end of 2026; (branded as releaf ®) , at the
Slide 5: Two revenue engines, one path to EBITDA break-even
Two revenue engines , one path to EBITDA break - even Investor Presentation – September 2026
Slide 6: The Avantium business model
The Avantium business model 1 FDCA FLAGSHIP PLANT PRODUCT SALES Tangible, contracted, near - term revenue PRODUCT: FDCA and PEF ( releaf ®) produced in - house ECONOMICAL VALUE: c.€55m revenue per annum at full capacity PROOF TODAY: First commercial sales expected at the end of 2026 under the 23 off
Slide 7: From capex-heavy project to a commercial platform
From capex - heavy project to a commercial platform Transitioning from an R&D, First potential license pre-revenue Company… plants o n- stream 2030> Targeting c.€90m annualized revenue & EBITDA break - even Commercial inflection: start of first Illustrative License Plants FDCA Flagship Plant commerc
Slide 8: Momentum through a wide network of committed partners
Momentum through a wide network of committed partners Bottles Textile & Fibres Film & Sheet Cosmetics Additive & Tech Retail & Food 23 16 (of which 8 are publicly disclosed) 1 Offtake Agreements Capacity Reservations, equaling >150kta, Technology License Agreement baseloading multiple license plants
Slide 9: PEF: the next-generation performance material
PEF: the next - generation performance material CO 2 Barrier – Keeping CO 2 IN O 2 Barrier – Keeping O 2 OUT PEF PET PEF PET O2 O2 O2 O2 Superior barrier O2 properties O2 O2 CO₂ CO₂ O₂ O2 O₂ O2 PEF vs PET O2 O2 O2 O2 O2 O2 Stays in × Escapes out Blocked × Penetrates in PEF CO 2 barrier is 15x be
Slide 10: Marketed as releaf
Marketed as releaf ® Investor Presentation – September 2026 10
Slide 11: Three-pillar licensing strategy to de-risk adoption for future licensees
Three - pillar licensing strategy to de - risk adoption for future licensees Validating and de - risking the licensing model for future licensees Signed capacity reservations: >150kta of cumulative signed capacity reservations for future 1 Commercial license plants = more than one license plant (100
Slide 12: Strong capacity-backed licensing momentum
Strong capacity - backed licensing momentum Growing number of capacity reservations for future plants… …supports active engagement with potential licensees 152 kt Cumulative volume of capacity reservations >150kta of capacity reservations, equivalent to more than one license plant 106 kt (100kta) an
Slide 13: Global FDCA licensing opportunities for Avantium
Global FDCA licensing opportunities for Avantium Technology licensing target customers; on a standalone or consortium basis Key considerations on licensing FEEDSTOCK SUPPLIERS CHEMICAL COMPANIES Attractive market and business case Move downstream from Add a proven low - carbon sugar and starch into
Slide 14: Industrializing the technology
Industrializing the technology Investor Presentation – September 2026
Slide 15: Value chain comparison of PEF and PET
Value chain comparison of PEF and PET Building on existing know - how and compatible with existing assets EXISTING PET INFRASTRUCTURE Oil extraction Fractional Naphtha Catalytic distillation reforming PET p- Xylene PTA PET Applications & Recycling PET SIMILAR 100% fossil - based SAME PROCESS STEP PR
Slide 16: FDCA Flagship Plant moving toward 1st production, paving the way for licensing
FDCA Flagship Plant moving toward 1 st production, paving the way for licensing Ramp - up phase of 24 months Starting - up toward 1 st FDCA production 1 st commercial volumes Full production End of 2026 H2 2028 Status August 2026: • Oxidation unit successfully commissioned • Commissioning activities
Slide 17: Scale drives economics
Scale drives economics Expected PEF price reduction to drive a massive expansion of our TAM PEF TAM Price €bn €500bn €/kg c.€500/kg €40bn c.€10/kg €3bn c.€4 - 5/kg c.€2 - 2.5/kg 2012 2026 2031 20XX Plant Scale Pilot Plant Flagship Plant License Plant License Plant 10ta 5kta 100kta 250+kta Investor P
Slide 18: PEF is both sustainable and price-competitive at scale
PEF is both sustainable and price - competitive at scale 100kta 250kta Competing with aluminium and glass at €5.0/kg PEF Competing with mono - material PET at €2.5/kg PEF PEF Bottle Glass Bottle Aluminium Can PEF Bottle rPET Bottle PET Bottle 33cl – 13.5g 33cl – 200g 33cl – 13g 50cl – 17.5g 50cl – 2
Slide 19: FDCA / PEF: Superior performance and sustainability benefits
FDCA / PEF: Superior performance and sustainability benefits Investor Presentation – August 2026
Slide 20: Plant-based releaf juice drinks
Plant - based releaf ® juice drinks Keeps it fresh Plant based & • Protect O 2 sensitive beverages 10x higher barrier vs PET Future proof • Protects vitamin C content • Recyclable • Preserves natural color • Reduced carbon footprint More value & Cost Addressable competitive market for bottles • Robu
Slide 21: Plant-based releaf carbonated soft drinks
Plant - based releaf ® carbonated soft drinks Keeps the fizz Plant based & • Protect O 2 sensitive beverages 10x higher barrier vs PET Future proof • Protect CO 2 sensitive beverages • Recyclable 15x higher barrier vs PET • Reduced carbon footprint More value & Cost Addressable competitive market fo
Slide 22: Mono and multilayer releaf for food trays
Mono and multilayer releaf ® for food trays Keeps it Fresh & Plant based & Safe Future proof • High oxygen Barrier • Reduced carbon footprint 10x vs PET • Improved recyclability • Improved water barrier • Lightweighting 3 x vs PET More value & Cost Addressable competitive market for • Replacing high
Slide 23: Plant-based releaf for cosmetics packaging
Plant -based releaf ® for cosmetics packaging Excellent Barriers Plant based & & Design advantages Future proof • High moisture barrier • Reduced carbon footprint • Lightweight • Improved recyclability • Transparent • Compatible with variety of formulas Cost competitive Addressable Cost competitive
Slide 24: Plant-based releaf for textile
Plant -based releaf ® for textile Performance Plant based & • Less odor due to higher Future proof antibacterial activity • Reduced carbon footprint • In process of discovering additional benefits Addressable Energy & cost saving Savings due to lower dying market for textile temperature > 100 millio
Slide 25: Why Avantium, why now
Why Avantium , why now After 20 years of development and construction of the FDCA Flagship Plant, Avantium is now starting - up its plant and is transitioning towards a commercial - stage company Progressing toward start - up of the first - of- a - kind FDCA FDCA Flagship 1 Plant in start - up Flags
Slide 26: Appendix
Appendix Investor Presentation – August 2026
Slide 27: Glossary
Glossary FDCA : Furandi carboxylic Acid PET : Polyethylene Terephthalate FDME : Furandicarboxylic Methyl Ester PTA : Purified Terephthalic Acid FEED : Front End Engineering Design RDS : R&D Services FID : Final Investment Decision TAM : Total Addressable Market HFS : High - Fructose Syrup JV : Joint
Slide 28: Capital market snapshot
Capital market snapshot Shareholding structure¹ Share Capital State of Netherlands 11.0% Shares Outstanding 25,206,719 Ambassador 2 8.0% Pieter Kooi 5.0% Dilutive Instruments³ 1,826,216 PMV 3.0% Stock Exchange Euronext Navitas 2.9% Amsterdam · Brussels Other 70.1% Ticker AVTX Investor Presentation –
Slide 29: Global bioplastics market: significant growth ahead
Global bioplastics market: significant growth ahead Global bioplastics market size, 2025 - 2035 (USD bn) $119.1bn 5x Bioplastics market growth by 2035 <1% P lastics Market supplied by bioplastics today $23.8 bn #1 Packaging - L argest application for bioplastics in 2025 2025 2026 2027 2028 2029 2030
Slide 30: EU policy is shifting decisively towards bio-based materials
EU policy is shifting decisively towards bio - based materials 2026 - 2027 2026 - 2028 2027 - 2032 SCALE - UP PRODUCTION CREATE LEAD MARKETS EXPAND MARKET INCENTIVES Packaging and Packaging Waste Circular Economy Act (CEA) • Supports European industrial scale - up Regulation (PPWR) • Potential Exten
Slide 31: PEF outperforms other sustainable polymers
PEF outperforms other sustainable polymers PEF Comparison with other sustainable polymers Combines all characteristics of a viable sustainable polymer rPET bioPET PBS PHA PLA ✓ Renewable feedstock Bio - based polymers reduce GHG Renewable 70% fossil - emissions Fossil - based Bio - based Bio - based
Slide 32: FDCA – feedstock flexibility
FDCA – feedstock flexibility STARCH · GEN 1 WOOD CHIPS · GEN 2 TEXTILE WASTE · GEN 2 ▸ FDCA Flagship Plant uses Gen 1 feedstock: starch – an ▸ Feedstock availability crucial for effective global licensing strategy abundant co - product ▸ Avantium’s Dawn Technology develops strategic diversifying fee
Slide 33: Releaf: The next generation polymer, with superior performance benefits
Releaf ® | The next generation polymer, with superior performance benefits 1 Superb barrier properties Circular, 10x enhanced better recyclability, oxygen barrier 100% plant - Up to 88 % based GHG emissions reduction 15x Food waste reduction: >20% better Up to 5 - 6 times longer weight reduction CO
Slide 34: Status of Worldwide Recycling Endorsements for PEF
Status of Worldwide Recycling Endorsements for PEF PET ボトルリサイクル推進協議会 Critical Guidance Interim endorsement Technology approval, 10% CPBR approval 10% PEF Recognition for 10% PEF monolayer (2% MP*) and multilayer fully compatible multilayer in PET bottle layer in PET bottle 10% multilayer (5% MP*) wi
Slide 35: Avantium owns the necessary IP for production and licensing of FDCA
Avantium owns the necessary IP for production and licensing of FDCA and its high value applications Europe High activity IP across all businesses North America High activity FDCA manufacture: 102 FDCA manufacture: 49 FDCA based polymers, manufacture and FDCA based polymers, manufacture and applicati
Slide 36: Understanding the sustainability benefits
Understanding the sustainability benefits PEF life cycle Why LCA matters Life Cycle Assessment (LCA) is fundamental to understanding how Avantium’s technologies compete with fossil - based alternatives, as well as the potential sustainability benefits of our technologies LCA is the most recognized m
Slide 37: Thank you!
Thank you! Investor Presentation – August 2026