Aduro Clean Technologies (ACT) investor relations material

Technology and market overview

• Focus on chemical recycling with a unique platform technology that eliminates the need for hydrogen, reducing energy use and costs.

• Holds 10 patents (7 granted, 3 pending), demonstrating strong intellectual property in a saturated sector.

• Technology can process more contaminated feedstock than competitors, allowing access to lower-cost materials and less competition.

• Addressable market includes 49% of plastic waste currently sent to landfill, with flexibility to serve multiple industry sectors.

• Competes with major industry players but offers smaller, scalable, and more cost-effective units.

Business model and commercialization strategy

• Primarily operates a licensing model but is also pursuing direct build-and-operate opportunities for revenue generation.

• Flexibility in business models allows for rapid scaling and adaptation to different market segments.

• Engaged in collaborations and MOUs with major organizations and sector-specific partners, such as Openor.

• Building a pipeline with Fortune 500 companies, progressing from technology evaluation to paid collaborations.

• Plans to build small-scale units to generate revenue and derisk the business while awaiting larger licensing deals.

Execution, milestones, and financial position

• Uplisted to Nasdaq on November 7, reflecting growth and execution strength.

• 2025 is a key year: commissioning an industrial pilot (design completed, equipment purchased, commissioning by October).

• Next phase includes a semi-commercial unit (1 ton/hour), with design completion and $5M allocated for development.

• No company debt, strong cash position with $7M as of May 31, providing 12–24 months of runway.

• Pilot is fully funded; demo plant expected to cost between $10M and $20M, with flexibility to adjust spending as needed.