Loop Industries (LOOP) investor relations material

Executive summary

• Advanced commercialization of proprietary PET depolymerization technology through joint ventures, licensing, and key projects in India and Europe, with Infinite Loop India progressing toward construction and securing foundational supply contracts and partnerships.

• Signed multi-year offtake agreements with a leading global sports apparel company and Taro Plast, featuring take-or-pay structures and expanding into specialty polymers.

• Formed strategic alliances with Shinkong (Taiwan) and Hyosung TNC (South Korea) to support textile-to-textile circular polyester initiatives and expand reach in textile markets.

• Acquired 93 acres of land in Gujarat, India, for $10.5 million, $5 million below initial project estimates, supporting Infinite Loop India facility development.

• Launched Twist™, a branded circular polyester resin made entirely from textile waste, targeting the textile-to-textile recycling market.

Financial highlights

• Cash operating expenses for the quarter were $2.43 million, a year-over-year decrease of $1.74 million, and for the six months, operating cash outflow was $5.6 million, down from $6.8 million.

• Total available liquidity at quarter-end was $9.86 million, with cash and cash equivalents of $7.3 million and an undrawn credit facility.

• Revenue for the six months ended August 31, 2025, was $252,000, up from $29,000 year-over-year, mainly from engineering services; quarterly revenue was $0.

• Net loss for the six months was $6.7 million, improved from $10.0 million year-over-year; quarterly net loss was $3.2 million, down from $4.8 million.

• Project cost estimate for Infinite Loop India is $176 million, currently $6 million under budget.

Outlook and guidance

• Infinite Loop India facility targeted for completion and operation by end of 2027, with groundbreaking expected by end of fiscal 2026.

• Expectation to finalize additional supply agreements with CPG and apparel brands by year-end, and ongoing negotiations for further offtake agreements.

• Commercialization timeline for Infinite Loop Europe advancing, with new revenue streams anticipated from engineering and licensing.

• Management believes current liquidity is sufficient for at least twelve months, but additional funding will be required for project equity and operations.

• Second facility in India planned, expanding capacity by 50% to 100,000 tons.