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Investor Presentaiton

• • Construction schedule - Origin 1 • Origin 1-plant purpose - Produce CMF and HTC at commercial volumes Produce CMF and HTC and other intermediates in volumes that allow customers to qualify products and applications other than PET Objectives - by end of Q3 2021 - Achieve activities required to enable module lift by end of Q4 2021 DONE Hire Process Automation Lead, additional Project Manager/ Project Engineer DONE Objectives - by end of Q4 2021 - - - - Hire Origin 1 operating leadership: Site & Plant Director, Operations Manager, Site EHS&S (Environmental Health, Safety, and Security) Manager DONE Complete structural elements of plant ISBL and complete foundations of auxiliary process buildings DONE¹ Erect main plant modules DONE Install ENCON evaporator module system DONE (Previous: Receive ENCON evaporator module system by end of Q1 2022) Objectives by end of Q1 2022 - Receive additional major equipment (tanks, etc.) • • • - Piping fabrication start DONE (Previous: By end of Q2 2022) Objectives by end of Q2 2022 1st round of operations hiring (Admin, Head of Shift Operators, Manufacturing QA/QC Lead) Objectives by middle of Q3 2022 - Electrical installation start Last major equipment arrives on site Objectives by beginning of Q4 2022 First system turnovers to commissioning and start-up team 1. Does not include biomass storage unit. Operations Origin 1 Timeline (Detail View) Capital Project 3Q2021 4Q2021 1Q2022 2Q2022 Detailed Engineering Piping Fabrication Start Install ENCON Evaporator System (achieved vs original) (achieved vs updated vs original) Construction Module Erection (achieved vs updated vs original) Organizational Design Hire Operations Leadership Hire & Train Operations Staff 3Q2022 4Q2022 1Q2023 Last Major Equipment Arrives On Site Electrical Installation Start Commissioning & Start-Up Start-Up ORIGIN 16
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