Pryme (PRYME) Investor Presentation summary

Strategic vision and market positioning

• Focuses on pioneering plastic circularity by converting plastic waste at large scale using advanced recycling technology.

• Advanced recycling is positioned as essential to achieving meaningful plastic circularity, complementing mechanical recycling and reducing fossil dependency.

• Secured three sales contracts for pyrolysis oil with major downstream players, with demand expected to exceed supply due to EU regulations mandating recyclable packaging by 2030.

• Backed by significant shareholders and supported by regulatory trends favoring circular plastics.

Technology and operational highlights

• Proprietary reactor technology processes up to 40,000 tons of plastic waste per reactor, delivering up to 7x the capacity of competitor reactors.

• Electrically heated reactors achieve core temperatures up to 40% higher than competitors, yielding high-quality, consistent plastic pyrolysis oil.

• Pryme One has processed over 250 metric tons of plastic waste, producing more than 170 metric tons of pyrolysis oil in 2024, with production rates up to 2.7 tons per hour.

• Process improvements and technology optimization are ongoing, with stable production levels targeted for Q4 2024.

Feedstock sourcing and supply chain integration

• Integrates with existing waste systems, sourcing from more than eight suppliers and working closely with RDF pellet producers to ensure reliable feedstock.

• Europe provides an adequate supply of baled material meeting technical specifications, with pre-processed waste expected to exceed demand.

• Feedstock quality and blend optimization are key to maximizing output and equipment reliability.