Slide 1: Investor Day 2 June 2022
For personal use only Investor Day 2 June 2022
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Close the Loop Limited ACN 095 718 317 (“Close the Loop” or the “Company”) and does not constitute or form part of, and should not be construed as, an offer, solicitation or invitation to subscribe for, underwrite or otherwise acquire, any securities
Slide 3: Agenda
Welcome and Introduction Joe Foster, Group CEO O F Flexo For personal use only Regan Foster, General Manager O F Pack Agenda Brendan Yee, Co-Founder and Sales Director BREAK Close the Loop (US, Europe) Tom Ogonek, President USA and Europe Close the Loop (Australia) Steve Morriss, Founder Kesh Nair,
Slide 4: Welcome and Introduction
WELCOME AND INTRODUCTION For personal use only Joe Foster - CEO
Slide 5: Today's Presenters
For personal use only Today’s Joe Foster Regan Foster Brendan Yee Presenters Group CEO General Co Founder, Sales Manager, Director, O F Pack O F Flexo Tom Ogonek Kesh Nair Steve Morris President USA and General Manager, Founder Close the Europe Close the Loop Loop Operations Operations
Slide 6: Close the Loop Overview
Close the Loop Overview For personal use only
Slide 7: Brands and partners
For personal use only Brands and partners
Slide 8: Retail solutions & Sustainable packaging
Retail solutions & Sustainable packaging For personal use only
Slide 9: Commercial – Supply chain solutions
Commercial – Supply chain solutions For personal use only
Slide 10: Create…Recover…Reuse…
Create…Recover…Reuse… For personal use only
Slide 11: Global operations
Global operations For personal use only ADD A FOOTER
Slide 12: O F Flexo
O F FLEXO Regan Foster, General For personal use only Manager
Slide 13: About Us
About Us For personal use only • Based in Carrum Downs, Melbourne • Offering unprinted and flexographic print rewind, pre-formed bags • Large-format machinery allows us to print & convert up to 1250mm in width, up to 3M in length • 100% Australian made, owned & operated • Quick turn-around when you
Slide 14: Our Factory
For personal use only Our Factory
Slide 15: Our Customers Include
Our Customers Include For personal use only
Slide 16: Our Products
For personal use only Our Products
Slide 17: Our Difference
Our Difference For personal use only • EXPERIENCE: O F Flexo has an experienced team across all types of flexible packaging materials and converting, while still being Australian- focused • SERVICE: O F Flexo are relationship-centric and work together with clients to provide not only the packaging,
Slide 18: Sustainability at O F Flexo
Sustainability at O F Flexo For personal use only
Slide 19: Sustainability at O F Flexo (continued…)
Sustainability at O F Flexo (continued…) For personal use only
Slide 20: Our Vision - Sustainability
Our Vision - Sustainability For personal use only
Slide 21: Circular Economy at Work
Circular Economy at Work For personal use only Collect Clean and Sell Remill Manufactu Blow film re
Slide 22: Questions
For personal use only Questions
Slide 23: O F Pack
O F PACK Brendan Yee, Co-Founder and For personal use only Sales Director, O F Packaging
Slide 24: My Role and Responsibilities
My Role and Responsibilities For personal use only • Co-Founder and Sales Director of O F Packaging • Lead the direction and execution of the O F Pack sales team as well as assisting and guiding other related packaging divisions: O F Flexo, The Pouch Shop, Crasti and Co, CtL packaging USA
Slide 25: Clients and Partners Include
Clients and Partners Include For personal use only
Slide 26: Product Range
For personal use only Product Range
Slide 27: Typical Partner Manufacturing Site
Typical Partner Manufacturing Site For personal use only
Slide 28: Key Driver – Innovation and Collaboration
Key Driver – Innovation and Collaboration For personal use only
Slide 29: Initiatives to Drive Value
Initiatives to Drive Value For personal use only • Recyclable packaging • Increasing footprint: USA / Europe • Cross integration • Legislative tailwinds with new innovations using sustainable materials
Slide 30: Case Study
Case Study For personal use only • 100% mono-polymer • Label makes pack 3D shape • The product is just like a plastic bottle
Slide 31: Questions
For personal use only Questions
Slide 32: Close the Loop USA & Europe
CLOSE THE LOOP USA & EUROPE For personal use only Tom Ogonek, President USA & Europe
Slide 33: Services
Services For personal use only PRODUCT CHECK-IN • Check in and data capture • Part Number • Type of product VALUE ADD & CIRCULAR • Origin ECONOMY • Gives data for program analytics • Return product that can be used at another part of the supply chain FULFILLMENT & REVERSE • Quality check items for r
Slide 34: Why Close the Loop?
Why Close the Loop? For personal use only • Companies are trying to meet their Environmental, Social and Governance goals and requirements (ESG) • Consumers are adding increasing pressure and asking questions of companies and manufacturers, demanding sustainable return and recovery solutions • Close
Slide 35: US Operations
US Operations For personal use only • Processes 1.4 million units monthly • 1000 ton kept from landfill monthly • 20,000 sq. meters (200,000 sq. ft.) • 120 employees
Slide 36: EU Operations
EU Operations For personal use only • 700 ton kept from landfill monthly • 20,000 sq. meters (200,000 sq. ft.) • 40 employees • Multi-lingual team
Slide 37: Our Customers
For personal use only Our Customers
Slide 38: Circular Economy – Plastic Material
Circular Economy – Plastic Material For personal use only
Slide 39: Circular Economy – Remanufacture
Circular Economy – Remanufacture For personal use only
Slide 40: Growth opportunities
For personal use only Growth opportunities
Slide 41: Questions
For personal use only Questions
Slide 42: Close the Loop Australia
CLOSE THE LOOP AUSTRALIA Steve Morriss, Founder For personal use only Kesh Nair, General Manager
Slide 43: Close the Loop Australia
Close the Loop Australia For personal use only • Steve Morriss – Founder (Head of Circular Economy) • Kesh Nair – General Manager • Close the Loop started in 2000 on the brand promise of “Zero waste to landfill” • Core business : Collection, Recycling, Remanufacturing and Eco-manufacturing • Product
Slide 44: How do we Close the Loop?
How do we Close the Loop? For personal use only Onboarded 15 of 17 customers in the print industry. 88% customer acquisition Over 700 KM of roads to 60,000 collection sites in date for 40+ councils Australia and New Zealand
Slide 45: Drivers of Growth
Drivers of Growth 3.5 – 4.0 Million tonnes used in Australia each year -13% recycled For personal use only Government is driving Industry Major brands now seeking solutions to targets Key government policy targets Packaging to be reusable, recyclable or compostable by 2025 70% of all pla
Slide 46: TonerPlas
TonerPlas® Improves performance, increases lifespan and reduces carbon For personal use only footprint Major Projects – M80 & Monash freeway projects (VIC)
Slide 47: rFlex and Resin8
rFlex® and Resin8® For personal use only Injection moulding grade plastic from 100% recycled soft plastics • Replaces virgin resin Resin8 Lightweight low carbon Concrete Using contaminated waste plastics no-one else can use
Slide 48: Case Studies Related to Circular Integration
Case Studies Related to Circular Integration For personal use only • City of Greater Bendigo • Deakin University • Amazon • MARS Petcare • Real Pet Food • Nespresso • Canon • Downer • Packaging manufacturers • Product manufacturers • HP
Slide 49: Competitive Advantage/Market Differentiator
Competitive Advantage/Market Differentiator Collection Infrastructure : 6O,OOO collection sites/economies of scale For personal use only Zero waste to landfill – link to government strategy Trusted - Awards, longevity, leadership, innovation TonerPlas Solving the biggest waste problem in A
Slide 50: Close the Loop Group
comTaacton® Close the Loop Group Create - Recover - Reuse
Slide 51: Questions
For personal use only Questions
Slide 52: Acquisitions, Growth and Trading Update
ACQUISITIONS, GROWTH and TRADING UPDATE For personal use only Joe Foster, Group CEO
Slide 53: Oceanic Agencies
Oceanic Agencies For personal use only • Oceanic Agencies provides both packaging and materials handling for the aquaculture, wild caught and post-harvest sectors of the seafood industry • Estimated $6.5m revenue per annum • Strengthens our bulk and commercial seafood packaging capability, in a grow
Slide 54: Crasti and Co
Crasti and Co For personal use only • Established for over 25 years, Crasti & Co. is one of Australia’s largest Flexible Intermediate Bulk Container (FIBC) and bulk packaging supplier. • Estimated $12m revenue per annum • Acquisition completed one month earlier than planned, and is immediately earni
Slide 55: Growth Strategy
Growth Strategy For personal use only • Greater investment in plastic washing and separation capability in Australia and the US • Further automation in the US to drive higher operational efficiencies; estimated savings of US$500K p.a. • International market expansion in FY22 • Additional investment
Slide 56: Trading Update
Trading Update For personal use only • FY22 revenue prospectus forecast up 11% to $82 million (from $73.9 million) • FY22 EBITDA prospectus forecast up 10.5% to $13.6 million (from $12.3 million) • Current annual revenue run rate, including recent acquisitions, equates to over $100 million • Non-bin
Slide 57: Questions
For personal use only Questions
Slide 58: Close the Loop Group
Close the Loop GROUP Create - Recover - Reuse