Chain Reaction 2030

1. The Problem 2. Our Solutions 3. The (Future &) Benefits 4. Key Takeaways 5. Addendum PEF addresses the need for a circular new plastics economy ESG impact of PEF: 50-70% lower carbon footprint and fully circular Avantium | Investor Presentation H2 2021 PEF solves specific issues in the value chain cascaded recycling chemical recycling mechanical recycling T sorted waste collector waste used product re-use biobased feedstock virgin feedstock FDCA (monomer) PEF (polymer) converter packaging avantium Source carbon footprint PEF: Copernicus Institute at the University of Utrecht (Eerhart et al. 2012) brand owner product Biobased 1 100% Renewable: PEF is plant-based instead of fossil- based unintended leakages: degradation 2 3 4 consumer retailer 5 Reduce: PEF is superior allowing thinner applications and reducing weight by more than 20% in line with European legislation Reuse: PEF in combination with PET allows PET bottles to be reused by up to 5x more Recycle: • • PEF has a proven fit with existing sorting and recycling facilities PEF can substitute small and multi-layer packaging that cannot be recycled Degradable: when PEF unintentionally ends up in nature, tests show that PEF degrades Degradation tests show that PEF degrades much faster than PET under industrial composting conditions (250-400 • days with air/oxygen @ 58°C in soil)* Initial results from ongoing 10-year degradability field trial demonstrate that PEF degrades under ambient conditions** * Accelerated study by OWS, Gent, Belgium ** Trial by Avantium and University of Amsterdam 15

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