Slide 1: Fourth Quarter 2023 Earnings Call
Fourth Quarter 2023 Earnings Call The world’s leading carbon negative materials company February 29, 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 Solutions All-PET Caps & Closures Biomass Conversion Technology Specialty Materials >$65Bn >$10Bn market demand1 Recycling circularity, mono-material Transforms carbon into sustainable
Slide 4: 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 be within 12 months $Billions in >$65B $158M - Potential New Application Revenue Value Creation - Existing Revenue Market Cash Potential
Slide 5: >$65 Bn Market: Positioned to be 1st to market with commercially 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 PP • Enables lightweighting >$65 Bn Market • Can improve product s
Slide 6: Financial highlights and guidance
Financial highlights and guidance 2024 net cash burn reduced Significant gross profit Path to profitability requires no to between $55 and $65M generation from caps and equity capital raise closures starting in 2025 With revenue guidance Solid minimum cash floor $25 to $35M Healthy growth trajectory
Slide 7: The world’s leading carbon negative materials company
The world’s leading carbon negative materials company