Avantium (AVTX) Investor Update summary

Management and leadership updates

• Bert Kuneris introduced as interim CFO, with Max Hameliev as Vice Chairman.

• Management team includes Alfonsum, Dale van Hoon Beloning, Berthoud Kreger, Dominic, and Andre.

Operational and commercial progress

• FDCA flagship plant in Delfzijl is operational, supporting growth and licensing strategy.

• CapEx for the flagship plant is being managed, with additional investments from partners and consortia.

• Commercial strategy focuses on licensing, partnerships, and expanding in Asia, Europe, and America.

Product and market development

• Advancements in bio-based plastics, with applications in textiles, fibers, and films.

• Joint development agreements and partnerships with companies like Louis Vuitton, Carlsberg, and Henkel.

• Upselling and new material sales strategies are underway, especially in Asia.