Innventure, Inc. · NASDAQ:INV
Innventure — Investor Presentation (April 2026)
30 slides from Innventure's investor presentation, Apr 27, 2026
Slide 1: Operating Company CEO Call
Operating Company CEO Call April 27, 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: Bill Haskell, Chief Executive Officer
Bill Haskell Chief Executive Officer
Slide 6: Today
Today Andy Meyer, Chief Executive Officer Josh Claman, Chief Executive Officer Bill Grieco, Chief Executive Officer Roland Austrup, Chief Growth Officer
Slide 7: Andy Meyer, Chief Executive Officer
Andy Meyer Chief Executive Officer
Slide 8: Investor Update: From Validation to Commercial Execution
INVESTOR UPDATE FROM VALIDATION TO COMMERCIAL EXECUTION
Slide 9: From Market Validation to Commercial Execution
From Market Validation to Commercial Execution THEN TODAY • Introducing a novel packaging format that shifted the • Seven consecutive quarters of revenue paradigm between rigids and flexibles • Four anchor customers across distinct end markets of • Performance expectations and consumer feedback were
Slide 10: Commercial Momentum and Market Category Validation
Commercial Momentum and Market Category Validation ANCHOR CUSTOMER PROOF POINTS SALES PIPELINE AVEDA, HOUSEHOLD AND Near-term commercial sales pipeline is just under $30M, with PART OF ESTEE LAUDER PERSONAL CARE approximately one-third in final First prestige beauty brand to Signed multi-brand, mult
Slide 11: Positioned to Scale and Meet Market Demand
Positioned to Scale and Meet Market Demand OPERATIONAL READINESS TO SCALE • Operational focus is on serving demand reliably, at scale, and at the highest quality • Capacity is expanding through installed assets, regional filling deployments, and a strong co-manufacturing footprint • BRCGS, GMP Ohio,
Slide 12: How to Measure Progress Towards Self-Funding
How to Measure Progress Towards Self-Funding ANCHOR CUSTOMERS MOVE INTO FULL COMMERCIALIZATION SALES PIPELINE PROGRESSION WITH CATEGORY EXPANSIONS GLOBAL MANUFACTURING FOOTPRINT AND REGIONAL DEPLOYMENT CAPITAL FORMATION STRATEGY REDUCING PARENT LEVEL FUNDING Escape velocity for AeroFlexx means repea
Slide 13: Josh Claman, Chief Executive Officer
Josh Claman Chief Executive Officer
Slide 14: Liquid Cooling Designed for the Mission Critical
Liquid Cooling Designed for the Mission Critical Address Website 1835-B Kramer Lane www.accelsius.com Suite 2-180 Austin, TX 78758
Slide 15: Data Center Builds & Liquid Cooling TAM
Data Center Builds & Liquid Cooling TAM Data Centers Build (GW) Liquid Cooling Market ($M) supply vs. announced vs. actual commissioned CDUs, server assemblies, and services Total Announced Expected Delivered 35000 90 $30,240 80 30000 70 25000 60 $18,900 20000 50 $13,230 40 15000 30 10000 $7,280 20
Slide 16: Market Vs. Two-Phase Vs. Accelsius
Market Vs. Two-Phase Vs. Accelsius LC Market ($M) 2-Phase Market ($M) $35,000 $30,000 $25,000 $20,000 $M $15,000 $10,000 $5,000 $0 2024 2025 2026 2027 2028 2029 2030 Liquid Cooling Market $1B $2.5 $3B $7.2B $13.2B $18.9B $30.2B 2-Phase Market - $25.8M $150M $510M $1.3B $3.8B $9.1B Designed Designed
Slide 17: The NeuCool Difference
The NeuCool® Difference Superior Heat Lowering Non-Conductive Removal Operating Cost Fluid Ability to handle higher heat fluxes, Increased loop efficiency enables Non-conductive fluid to prevent assuring protection for multiple higher primary water loop GPU damage, even in the event future generatio
Slide 18: The industry's highest capacity 2-phase CDU: MR250
MR250 The industry’s highest capacity 2-phase CDU: our multi-rack 250kW cooling solution. In-row CDU; Performance+ 48U 800mm refrigerant wide config. 250 kW cooling Scalable capacity for 1-2 architecture with racks valves for easy commissioning Designed for the Mission Critical
Slide 19: IR150 in-rack 150kW cooling solution
IR150 A brand-new approach to CDUs: our vertically integrated in-rack 150kW cooling solution. 200 mm pocket z Performance+ inside of an 800 refrigerant mm wide rack 48U Rack; 42U of POCs available available IT space Q1 2026 Designed for the Mission Critical
Slide 20: TSR
TSR Our Thermal Simulation Rack mimics advanced processors for scalable, cost- effective testing and validation. Showcase on- 5kW or 6kW sleds Clear-Top Lid prem data or (1U); Sapphire validate tech Rapids form- for POCs factor TTVs Compatible with Laptop GUI with all NeuCool CDUs; simple control 30
Slide 21: The Accelsius Team
The Accelsius Team Josh Claman, Chief Executive Officer Dino Foderaro, Chief Revenue Officer Josh Claman is a seasoned global executive. His career, tracking the evolution Dino is an operations executive with diver experience across HR, Finance, of data center technology, has spanned over 30 years,
Slide 22: Bill Grieco, Chief Executive Officer
Bill Grieco Chief Executive Officer
Slide 23: Market Opportunity
Market Opportunity Global Plastic Waste 260M tonnes/year to landfill + incineration1 $50B+ value destruction annually2 We aim to commoditize plastic waste, Olefins Market making it a raw material that industries can $300B+ (2024) → $550B+ (2035)3 access alongside crude oil and natural gas. 5% CAGR3
Slide 24: A Precision Depolymerization Company
We are… A Precision Depolymerization Company • Tunable, high yield with virtually no byproducts. Refinity • Highly controlled temperature and residence time. DuoZone™ • High uptimes, scalable, better economics. We are not… A Pyrolysis Company • Brute force, low tech, low yield with char and tar bypr
Slide 25: Innovating a Scalable End-to-End System
Innovating a Scalable End-to-End System Core Fluidized Bed Technology + Direct Integration VTT IP covers direct olefin production and feed to petrochemical steam crackers. Feedstock Filed patent application and licensing IP from a US university to cover cost effective feeding and processing of hard-
Slide 26: Traction & Achievements
Traction & Achievements Technology Validation ü Bench & pilot-scale runs with real plastic wastes ü Dow technical collaboration defining olefin gas spec and plant integration ü Demonstrating mixed light olefin oligomerization to SAF liquids Engineering Underway ü Conceptual designs complete for 10 a
Slide 27: Path to Scale
Path to Scale 2026-2027 2027-2028 2029-2031 Pilot Operations Commercial Demo Full Commercial (1-2.5 kta) (10 kta) (100-150 kta) • Bench & pilot runs • $10M+/yr revenue • $150M+/yr revenue • Feedstock & product • Proof point for • Scaled platform validation larger commercial established • Extended ru
Slide 28: Roland Austrup, Chief Growth Officer
Roland Austrup Chief Growth Officer
Slide 29: Q&A
8 Q&A
Slide 30: Innventure
Innventure Creating Companies to Transform Tomorrow