Origin Materials (ORGN) Investor Q&A summary

Industry outlook and confidence

• Strong industry demand for sustainable, recyclable packaging solutions, especially PET caps, is driving optimism for success.

• Progress toward profitability is seen as highly likely due to market needs and ongoing achievements.

• Recent successes and team confidence reinforce positive outlook for near-term milestones.

Demand and customer engagement

• Significant commercial demand exists for current and future cap products, with uptake in the sales pipeline for flat water caps.

• Named customer announcements are expected near qualification, with potential for faster timelines, especially for flat water customers.

Customer qualification and testing

• Confidence in passing customer qualifications is based on prior technical successes and robust internal testing.

• Internal testing has evolved to closely mimic customer and third-party tests, ensuring high confidence before external trials.

• Performance is validated both in-house and on customer bottling lines, with throughput demonstrated at industry events.