Origin SPAC Presentation Deck slide image

Origin SPAC Presentation Deck

Origin has meaningful advantages over bioplastics companies Origin advantaged category vs. non-fossil competitors TAM $ Bn Carbon footprint¹, indexed to fossil Feedstock cost, $/lb Process reliability Market maturity Recyclability Degradability ORIGIN $1,000 <0 $0.03 Timber Chemical Established Strong existing infrastructure² Non-degradable PET; Industrial composting PEF³ Company A PHA $0.1 - $0.5 ~0.7 $0.36 Vegetable Oil Fermentation Nascent No existing infrastructure Natural composting Company B PEF / FDCA $250 0.3 $0.36 Fructose Chemical Nascent Limited Infrastructure Industrial composting³ 1. For end product; carbon footprint based on publicly available feedstock footprint for analogous biofuels process (CORSIA, REDII). 2. Refers only to PET. 3. Further study needed to determine if industrial composting reproduces results observed in degradation studies. Source: Company websites, filings and press releases; Market and technical research reports; Origin Materials management team. Company C PLA $1.5- $5.0 0.3 $0.15 Glucose Fermentation Nascent Extremely limited infrastructure Industrial composting 'T! Fossil $1,960 1.0 $0.18 Oil Chemical Established Strong existing infrastructure Non- degradable Origin... JA Larger TAM Less expensive More sustainable Lower risk ORIGIN 21
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