Supplying Demand and Transforming a Market - NASDAQ: LOOP Investor Presentation October 2018 - Loop Industries
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Supplying Demand and Transforming a Market Investor Presentation October 2018 NASDAQ: LOOP This presentation is the property of LOOP Industries, Inc. All content is considered confidential. All dollar amounts are in USD.
Disclaimer This presentation of Loop Industries, Inc., a Nevada corporation (“Loop”, the “Company,” “we,” or “our”), contains “forward-looking statements,” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements may be proceeded by terminology such as “may”, “will”, “should”, “could”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “hopes”, “estimates”, “predicts”, “potential” or “continue” or comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, ability to improve and expand our capabilities, competition, expected activities and expenditures as we pursue our business plan, the adequacy of our available cash resources, regulatory compliance, plans for future growth and future operations, and the size of our addressable market and market trends. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from those discussed in these forward-looking statements. The economic environment within which we operate could materially affect our actual results. Forward-looking statements are inherently subject to risks and uncertainties, which cannot be predicted or quantified. These risks and other factors include, but are not limited to: (i) commercialization of our technology and products, (ii) development and protection of our intellectual property and products, (iii) our ability to develop our brand, (iv) our need for and ability to obtain additional financing, (v) industry competition, (vi) regulatory and other legal compliance, (vii) the exercise of control over us by Daniel Solomita, our President and Chief Executive Officer, Chairman of the Board of Directors, and majority stockholder, (viii) other factors over which we have little or no control; (ix) our ability to remedy our material weaknesses in internal controls over financial reporting, (x) our ability to continue as a going concern and raise funds to support our ongoing operations, (xi) whether the reassessment of our internal controls over financial reporting could lead us to conclude that there were deficiencies in our internal controls over financial reporting that constitute material weaknesses, and (xii) adverse effects on the Company’s business and operations as a result of increased regulatory, media or financial reporting issues and practices, rumors or otherwise. More detailed information about Loop Industries and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC). Potential investors are urged to read these documents on the SEC's web site. Our management has included projections and estimates which are based primarily on management’s experience in the industry, assessments of our results of operations, discussions and negotiations with third parties and a review of information filed by our competitors with the SEC or otherwise publicly available. In addition, statements that "we believe" and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us and, while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. We caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. This presentation does not constitute an offer to sell nor is it a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved the securities or determined if this presentation is truthful or complete. Confidential. For Internal Use Only. 1
MISSION To accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels VISION To be the world’s leading supplier of plastic
2014 Founding Daniel Solomita founds Loop 2015 Industries Pilot Plant 2017 Pilot plant established in Terrebonne, Quebec Patents Patents published in the USA and globally for Loop’s revolutionary 2017 technology PepsiCo. First commercial 2017 agreement signed with Innovation Pepsi Co. for Drinkfinity Generation II depolymerization technology invented 2017 NASDAQ Listed on Nasdaq Loop began as many of the Trading symbol: LOOP worlds most innovative 2018 technology start ups began 2018 Danone/Evian® Term Sheet signed Completion Generation II – in a garage. Pilot Plant New technology and continuous 2018 process FDA Letter of non-objection for the FDA issued 2018 L'Oréal Term Sheet signed 2018 The journey 2018 Gatorade Gx Nestlé Waters Term Sheet Signed Agreement signed Sept 2018 Indorama/Loop Joint Venture The plastic revolution expands 2018 PepsiCo Supply Agreement signed 5
70 million(1) metric tons (154 billion pounds) of annual global demand for PET is expected to The Plastic Crisis is Real and Growing... triple by 2050(2) Over 90%(2) of plastic is derived from fossil fuels, which contributes to climate change and environmental pollution An estimated 8 million metric tons (18 billion pounds)(3) of plastic waste flows into the oceans every year More plastic waste in the ocean than fish (by mass) by 2050(4) ~90%(5) of all polyester plastic goes un-recycled globally and enters rivers, oceans and other natural areas ___________________________ 1. PET PoEllen MacArthur Foundation & McKinsey: The New Plastics Economy – Rethinking the Future of Plastics (2016). 2. lymer IHS Report (2018). 3. Jenna R. Jambeck, Ph.D Environmental Engineering Services, Associate Professor - University of Georgia. Each year $80 billion to $120 billion(2) of 4. Washington Post, World Economic Forum: New Plastics Economy. 5. National Geographic: A Whopping 91% of Plastic Isn’t Recycled, July 2017. plastic packaging material value is lost from the economy after a single use 6
…Because of the Wasteful Linear Economy Each year, $80-$120 billion lost from the economy after a single use(2)
Demand For a Solution is Being Driven By… Media and advocacy groups Governments Consumers and Consumer Goods Companies 8
Demand For a Solution is Being Driven By… Media Frames the Story of Plastic & Advocacy Groups Push for Change Plastic pollution is the most covered environmental story in 2017 and 2018(1) Since the movement’s launch in 2016, over 1,000 activist groups have joined the #breakfreefromplastic movement to end plastic pollution around the world(2) Ellen MacArthur Foundation leads the ‘New Plastics Economy’ initiative, which seeks a shift toward the sustainable use of plastics and partners with companies to promote a circular economy(3) ___________________________ 1. United Nations Environment Programme (2018). 2. Breakfreefromplastic.org. 3. https://www.ellenmacarthurfoundation.org. 9
Demand For a Solution is Being Driven By… Governments are intervening through policy and regulation Queen of England Declares war on single serve plastics; Prime Minister of England releases a 25 year plan to cut plastic pollution 50 governments – accounting for more than half the world’s coastline –signed up to #CleanSeas with many making commitments to protect oceans, encourage recycling, and reduce single-use plastics(1) Since 2008, the number of single serve plastic bans in the U.S. has increased from 3 to 388(2) Recycling laws (EU Commission), Bottle Bills (battlebill.org), Circular Economy Acts (Recycling Council Ontario), and national initiatives (China Green Fence) have been implemented in jurisdictions around the world ___________________________ 1. United Nations Environment Programme (2018). 2. AFARA. 10
Single-use plastic bans 2008 2018 Estimated 2030 3 Plastic Bans 388 Plastic Bans +2100 Plastic Bans 11
Demand For a Solution is Being Driven By… In January 2018, eleven global corporations announced at the World Economic Forum in Switzerland, that they will ensure all their packaging is reused, recycled, or composted by the year 2025 – together representing more than six million tonnes of plastic packaging per year(1) 66% of millennials more likely to engage with brands when social responsibility and sustainability issues brought to the forefront(2) 68% of millennials want the companies they invest in to help them create change in the world(3) Consumers and consumer packaged goods companies are taking bold action ___________________________ 1. World Economic Forum and Ellen Macarthur Foundation. Note that Nestlé joined the list in April 2018 and Colgate-Palmolive joined in June 2018. 2. Sebastion Buck, Fast Company magazine. 3. American Marketing Association; Millennial Demand for Corporate Social Responsibility Drives Change in Brand Strategies. 12
Massive Demand for Recycled Content from Leading Global Brands Environmental, social, and economic pressure from government, investors, consumers, media and non-governmental organizations has led to the adoption of ambitious sustainability targets and plans to meet them Discretionary 25% by 2025 100% by 2025 25% by 2025 100% by 2025 50% by 2030 Food/Beverage 50% by 2030 25% by 2025 25% by 2025 Apparel 100% by 2024 25% by 2025 20% by 2020 Retail 20% by 2020 100% by 2025 Furniture 100% by 2020 13
Loop’s Annual Market Opportunity From Four Top Buyers Recycled PET Needed: Recycled PET Spend(1): Commitment: 50% by 2030 3.30 billion lbs USD2.48 billion/year Recycled PET Needed: Recycled PET Spend(1): Commitment: 50% by 2030 1.5 billion lbs USD1.13 billion/year Recycled PET Needed: Recycled PET Spend(1): Commitment: 25% by 2025 280 million lbs USD210 million/year Recycled PET Needed: Recycled PET Spend(1): Commitment: 100% by 2025 970 million lbs USD728 million/year Total Annual Recycled PET Spend USD4.55billion/year ___________________________ 1. Annual PET spend estimated assuming $0.75 per pound. 14
85+ Billion Metric Ton Supply Potential 85 million MT Global PET Consumption(1) (187+ billion lbs.) (millions of metric tons) 70 million MT (154 billion lbs.) CAGR: Current annual global demand for 38 MT 2.7% polyester ~70 million metric tons (~154 33 MT billion pounds) and expected to grow 4% over the near term Polyester consumption expected to triple CAGR: by 2050(2) 47 MT 5.1% 37 MT 2017A 2022E Fibers Bottle Grade ___________________________ Source: PET Polymer IHS Report (2018). 1. Represents global consumption of polyester / PET. Excludes consumption of recycled polyester. 2. Ellen MacArthur Foundation & McKinsey: The New Plastics Economy – Rethinking the Future of Plastics (2016). 15
$160+ billion Market Opportunity for Loop ~USD160 billion Global PET Market Size ~USD130 billion (billions of USD) Total addressable market of ~$130 billion today Market expected to reach ~$160 billion in 2022E (1) ___________________________ Source: PET Polymer IHS Report (2018) 2017A 2022E(1) 1. For 2017A-2022E, market value based on $1,885 per metric ton, representing the average price of PET large buyer net transaction for the year ended 2017 per IHS. 16
We Believe Loop Can Supply the Demand and Transform the Market Here is the Circular Economy Loop is creating Loop’s revolutionary technology… Creates an effective after-use plastics economy and decouples from fossil fuel feedstocks Keeps plastic in the economy and out of nature Required and promoted by global brand companies and impact investors Demanded by consumers and governments DMT + MEG Upcycles 100% of waste PET plastic 17
...By Partnering with Leading Global Companies “At Indorama Ventures, we continue to pursue the right opportunities to fulfil gaps that are intrinsic to our sustainable and profitable business by deploying resources in order to support the circular economy. This joint venture with Loop Industries emphasizes our belief in chemical recycling and is aimed at investing in new technologies that can steer further our aspiration of being a world-class chemical company making great products for society.” September 24, 2018 “Evian will make all of its plastic bottles from 100% recycled plastic by 2025…In order to achieve its 2025 ambition, Evian is partnering with breakthrough technology companies, one of which is Loop Industries. Loop Industries has developed a technology that enables a continuous loop for recycling at large scale, transforming all types of PET plastic waste into the high-quality plastic required by Evian.” January 28, 2018 “As the leader in the beauty industry, we believe we have a responsibility to bring innovative and sustainable solutions to the consumer. That is why we seek to partner with innovative companies and leverage technologies, such as Loop, that will trigger an acceleration in the transition to a circular economy. And Loop™ PET is able to meet the rigorous packaging standards of L’Oréal.” July 26, 2018 “Innovation is at the heart of the Gatorade brand. That's why partnering with Loop is a natural fit. Their innovative technology provides Gatorade Gx consumers the opportunity to close the loop on Gx pods. We have over 50 years of experience providing athletes scientifically formulated products to meet their sports fueling needs - and now also have the ability to more fully meet their commitment to sustainability and the circular economy because of Loop.” July 24, 2018 18
…With A Clear and Strategic Path to Commercialization 1. Pilot: Continue to leverage the pilot plant as a center of continuous innovation Superior Operations Expand Production: 2. Partner: Joint venture with IVL, the world’s leading PET manufacturer and expert Be where there is demand & supply 3. End-to-End: Build Integrated Loop™ resin and polyester fiber production facilities proximate to demand and feedstock 1. Market-Maker: Establish a market for no and low value waste PET and polyester fiber Secure Feedstock Supply: 2. Long-Term: Secure long-term supply agreements to reduce price risk Divert waste from landfills and oceans 3. Optimize: Source quality feedstock from suppliers that are reliable and cost-effective Building Relationships 1. Relationship: End to end customer stewardship Be the Hero: 2. Sales: Take or Pay agreements with leading global CPG’s Solve the Customers Issues 3. Enable: Enable the sustainability goals of each customer 1. Logo: Loop logo to appear on all products containing Loop™ PET Grow the Brand: 2. Co-Marketing: Activate the brand through customer product marketing Be seen doing it 3. Activate Opinion Leaders: Build and activate a network of advocates 19
Technology Overview
Loop’s Technology Transforms How Plastic is Produced Zero Energy Depolymerization Upcycling Innovation Manufacture of Dimethyl Terephthalic Polyester fibers (carpets/clothing), Acid (DMT) and Mono Ethelyne Glycol colored PET and Opaque PET can now (MEG) from waste PET and polyester be infinitely upcycled into virgin quality feedstocks without the need for added bottle grade resin. heat or pressure. Meets FDA Requirements Unparalleled Purity The Loop process meets FDA Virgin quality PET and polyester fiber requirements for use in food grade without the need for fossil fuel as packaging. feedstock. 21
Loop’s Technology Transforms How Plastic is Produced 1 4 PET & Food-Grade Polyester DMT + Other Loop™ PET & Fiber Patented Virgin-quality Polyester Evaporation Loop™ DMT Plastic Waste Formula Solid Fiber DMT + Other MEG + Other Liquid Mechanical Separation MEG + Other Reaction Virgin-quality Distillation Loop™ MEG 2 Loop Proprietary 3 Standard Industrial Processes Technology Waste PET and polyester plastic of all types, shapes, and colors 1 Feedstock come to a Loop processing facility Loop’s patented depolymerization process breaks down waste plastic 2 Technology into its monomers; DMT and MEG Monomers are then purified, removing all solid waste, coloring, 3 Quality additives, and organic or inorganic impurities 4 Branded Solution Pure DMT and MEG are repolymerized into Loop™ branded PET resin 22
With a Lower Environmental Footprint Than Virgin & rPET Loop’s Process Allows for the Following Reductions: Loop™ PET vs. Virgin PET Loop™ PET vs. Mechanical rPET 63% reduction in global warming potential 26% reduction in global warming potential 77% reduction in non-cancer-related toxicity 25% reduction in non-cancer-related toxicity 79% reduction in ozone depletion 43% reduction in ozone depletion 85% reduction in ecosystem toxicity 12% reduction in ecosystem toxicity 80% reduction in non-renewable energy 43% reduction in non-renewable energy demand demand 97% reduction in cancer-related toxicity 65% reduction in cancer-related toxicity 92% reduction in eutrophication 85% reduction in eutrophication 88% reduction in smog 76% reduction in smog 88% reduction in acidification 77% reduction in acidification 86% reduction in solid waste 86% reduction in solid waste 83% reduction in respiratory effects 65% reduction in respiratory effects Lifecyle Assessment1: Loop vs. Virgin an rPET ___________________________ 1. Based on GEN I technology. Currently commissioning an LCA for GEN II. 23
And Ability to Recycle an Ample Supply Others Cannot Mixed Flake Opaque Clothing & Carpet Clear & Wet Fines Thermoform Trim Clear Dust Loop’s Technology… 1. Processes material conventional recyclers cannot 2. Removes all colors and dye agents 3. Removes contaminants such as PVC, EVOH and antimony 4. Diverts and recover waste from landfill, oceans and natural areas 5. Reduces the need for incineration 6. Yields 89% PET from typical bales where conventional recyclers can only yield up to 65% 24
Evolution of Loop’s Technology: from hydrolysis to methanolysis Generation I Generation II Monomers PTA + MEG DMT + MEG Products from Loop depolymerization Process Hydrolysis Methanoloysis Purification Methodology Reagents 5 2 Required for depolymerization Scalability Risk to expand to commercial scale Chlorinated Solvent Yes No Required to purify monomers Water Yes No For depolymerization and purification Purification Steps 12 4 For depolymerization and purification process 25
Benefits of… Loop decreases the amount of plastic ending up in landfills, rivers Loop’s technology and oceans Loop processes contaminated PET, Opaque, thermoforms, polyester fibers and other challenging PET feedstocks Loop enables customers to increase the recycled content in their packaging and completely close the loop on their packaging Loop makes virgin quality resin, infinitely recyclable Loop uses zero water in our manufacturing process Loop increases the environmental benefits (LCA) of plastic Loop increases recycling rates of PET plastic bales by more than 24% Loop decreases the climate change impact of bottles by more than 2/3rd’s Loop can allow brand to use 100% recyclable PETg labels Loop decouples bottles from fossil fuels 26
Intellectual Property Strategy Aligned to the commercialization plan, and intended to fuel it, Loop’s patents, pending patents, trademarks, know how and trade secrets will be used to accomplish 3 goals: offensive value creation; defensive value protection; and marketing and reputation enhancement. Offensive Defensive Marketing Patent licensing Regular patent searching Trademark - Loop™ Royalty trademark Global / Key market brand marks on licensing patent filing customer packaging How How How Expand revenue Assert rights in the Why Why Why Protect revenue sources potential market 27
Commercialization Strategy
A Clear and Strategic Path to Commercialization 1. Pilot: Continue to leverage the pilot plant as a center of continuous innovation Superior Operations Expand Production: 2. Partner: Joint venture with IVL, the world’s leading PET manufacturer and expert Be where there is demand & supply 3. End-to-End: Build Integrated Loop™ resin and polyester fiber production facilities proximate to demand and feedstock 1. Market-Maker: Establish a market for no and low value waste PET and polyester fiber Secure Feedstock Supply: 2. Long-Term: Secure long-term supply agreements to reduce price risk Divert waste from landfills and oceans 3. Optimize: Source quality feedstock from suppliers that are reliable and cost-effective Building Relationships 1. Relationship: End to end customer stewardship Be the Hero: 2. Sales: Take or Pay agreements with leading global CPG’s Solve the Customers Issues 3. Enable: Enable the sustainability goals of each customer 1. Logo: Loop logo to appear on all products containing Loop™ PET Grow the Brand: 2. Co-Marketing: Activate the brand through customer product marketing Be seen doing it 3. Activate Opinion Leaders: Build and activate a network of advocates 28
1 Expand Production: Be where there is demand & supply 1. Pilot: Continue to leverage the pilot plant as a center of continuous innovation 2. Partner: Joint venture with IVL, the world’s leading PET manufacturer and expert 3. End-to-End: Build Integrated Loop™ resin and polyester fiber production facilities proximate to demand and feedstock 29
Partner: Joint Venture with IVL, the world’s leading PET manufacturer and expert Market Cap USD11 Billion 2018E Revenue : IVL.TB USD11.04 Billion Vertical Segments Founded in 1994 24% Full-time Employees: ~15,000 33.8M Fiber 75 Production Sites 42% 26 Countries PET 34% The Netherlands Feedstock Canada UK Denmark Germany Lithuania Ireland Poland Luxembourg Czech USA Portugal Spain Italy Turkey China France 42% 20% 50% Mexico Nigeria India Myanmar Thailand Philippines Ghana Brazil Indonesia 25% 1 Expand Production: Be where there is demand & supply 30
Partner: Joint Venture with IVL, the world’s leading PET manufacturer and expert Joint Venture will commercialize and feature Loop’s breakthrough technology in partnership with a global leader in PET manufacturing. Pioneer Plant Details… • Location: Southeast USA • Capacity: 20,700 metric tonnes (45 MM lbs) per year • Commercial Production Start: January 2020 + Technologies 1 Expand Production: Be where there is demand & supply 31
End-to-End: Build Integrated Loop™ resin and polyester fiber production facilities The future of PET and polyester manufacturing A new operating and revenue model Distributed & Compact Independent of Petroleum Infrastructure 60-100 KT/annum/facility Optimal proximity to Closed loop Feedstock & Customer system Greenfield Development 1 Expand Production: Be where there is demand & supply 32
End-to-End: Build Integrated Loop™ resin and polyester fiber production facilities Key Sources of Revenue from Loop™ Ideal Turn-Key Opportunity for: Integrated Facility 36% 48% Equity in License/ Earnings Royalty Fees Waste Managers Pet Manufacturers 16% Construction Fee Chemical Companies Consumer Goods 1 Expand Production: Be where there is demand & supply 33
2 Secure Feedstock Supply: Divert Waste from landfills & oceans 1. Market-Maker: Establish a market for no and low value waste PET and polyester fiber 2. Long-Term: Secure long-term supply agreements to reduce price risk 3. Optimize: Source quality feedstock from suppliers that are reliable and cost-effective 34
Long-term: Strategically Identifying Feedstock Supply Tier 3: Tier 2: Prioritizing Feedstock Supply Least Desired Desired Price = Cost feedstock + Logistics Price Tier 2: Tier 1: Reliability = Volume + Predictability Desired Most desired + Quality + Diversion Reliability 2 Secure Feedstock Supply: Divert waste from landfills 35
3 Be the Hero: Solve the Customers Issues 1. Relationship: End to end customer stewardship 2. Sales: Take or Pay agreements with leading global CPG’s 3. Enable: Enable the sustainability goals of each customer 36
Sales: Evian® & Danone Partnership What Loop will do Benefits to Loop 1. Present on premium global brand 2. Seed Loop™ logo and brand in a leading 1. Supply Evian with 100% Loop™ PET global product 2. Co-marketing strategy, development 3. Drive demand for Evian’s® competitors and execution to incorporate Loop™ PET What Danone will do Details of the deal 1. Loop™ logo Danone packaging Evian® is a high-end premium 1. Multi-year agreement 2. Global co-marketing strategy water brand owned by Danone 2. Supply volume from US facility development & execution, i.e. National and distributed in seven Geographic, VICE documentary, WEF, Wimbledon, Evian® Open countries. 3 Be the Hero: Solve The Customer Issue 37
Sales: L'Oréal Partnership What Loop will do Benefits to Loop 1. Present on at least four global brands 1. Supply L’Oréal haircare lines with 100% 2. Seed Loop™ logo and brand in Loop™ PET cosmetics sector 2. Co-marketing strategy, development 3. Part of L'Oréal brand marketing and execution campaigns What L'Oréal will do Details of the deal 1. Loop™ logo on L'Oréal haircare bottles L'Oréal is the world’s leading 1. Multi-year agreement 2. Global co-marketing strategy beauty company with 34 2. Supply volume from US facility development & execution complementary global brands present in 150 countries. 3 Be the Hero: Solve The Customer Issue 38
Sales: Pepsi Partnership What Loop will do Benefits to Loop 1. Manage Take Back Program for 1. Loop™ logo present on #1 sports beverage Gatorade Gx and Drinkfinity in the world and iconic global brand(s) 1. Supply Loop™ PET for Pepsi brand(s) 2. Drive brand awareness 2. Co-marketing strategy, development 3. Ability to market a fully closed Loop and execution product, Gatorade Gx pod What Pepsi will do Details of the deal 1. Loop™ logo on packaging PepsiCo is the 2nd largest food 1. Multi-year agreement 2. Global co-marketing strategy and beverage company in the 2. Supply volume from US facility development & execution 3. Annual renewal for Drinkfinity & Gatorade world with iconic brands Gx program present and represented in every country. 3 Be the Hero: Solve The Customer Issue 39
4 Grow the Brand: Be Seen Doing It 1. Logo: Loop logo to appear on all products containing Loop™ PET 2. Co-Marketing: Activate the brand through customer product marketing 3. Activate Opinion Leaders: Build and activate a network of advocates 40
Co-Marketing: Activate the brand through Customer Marketing SHARE Communications & Engagement CONNECT Through Product Brands BUILD Loop™ Corporate Brand ___________________________ 1. Brands are examples. 4 Grow the Brand: Be Seen Doing It 41
Co-Marketing: Activate the brand through Customer Marketing Leverage the marketing power of 4 Grow the Brand: Be Seen Doing It 42
Strong and Experienced Leadership Team and Board Members to Execute Strategy Management Team Daniel Solomita Frank Zitella Nelson Switzer Antonella Penta Founder, President & CEO, CFO and Treasurer Chief Growth Officer V.P. Legal Counsel Chairman of Board Board Of Directors(1) Laurence Sellyn Leslie A. Murphy Shaun B. Higgins Jay Stubina Lead Independent Director Audit & Compensation Director Director Committees ___________________________ Note: For full biographies, see pages [51 and 52]. 1. Five total board members including Daniel Solomita. 43
MISSION To accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels VISION To be the world’s leading supplier of plastic
Supplying Demand and Transforming a Market Investor Presentation October 2018 NASDAQ: LOOP This presentation is the property of LOOP Industries, Inc. All content is considered confidential. All dollar amounts are in USD.
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