ALUULA and Aqua Dynamics Secure Supply of ALUULA's High Performance Materials

Executive Summary

• ALUULA Composites Inc. entered into an irrevocable purchase‑order agreement with Aqua Dynamics (Pvt) Ltd., securing a committed annual volume of composite material deliveries.
• The revised terms allow ALUULA to pre‑plan raw‑material ordering, production schedules and shipments, enhancing operational efficiency and supporting Aqua Dynamics’ growth in action‑sports and emerging markets such as shelters and wind power.
• Management highlighted the partnership as a catalyst for innovation, sustainability and market expansion, indicating a material positive impact on ALUULA’s revenue outlook.

Key Details

• Agreement Execution: October 21 2025.
• Parties: ALUULA Composites Inc. (TSXV: AUUA) and Aqua Dynamics (Pvt) Limited, Sri Lanka – one of ALUULA’s largest customers and a global leader in action‑sports manufacturing.
• Scope: Irrevocable purchase order covering a committed annual volume of ALUULA composite materials; payment terms revised (specific pricing not disclosed).
• Operational Benefits: Enables ALUULA to lock‑in input material orders, align production capacity, and guarantee timely deliveries throughout the year.
• Strategic Significance: Deepens relationship with a key brand partner, opens opportunities in new product categories (e.g., shelters, wind‑power structures), and supports ALUULA’s sustainability narrative.
• Product Highlights: ALUULA’s ultra‑high molecular weight polyethylene fiber core offers 8–15× greater strength‑to‑weight versus steel, is recycle‑ready, waterproof, UV‑resistant, and manufactured via a patented adhesive‑free process.
• Management Comments:
• Frank Ulmer, Managing Director, Aqua Dynamics – emphasized the need for a secured supply to meet growing demand and maintain sustainability focus.
• Sage Berryman, CEO & President, ALUULA – noted that each committed purchase allows pre‑planning of inputs and production, ensuring smooth operations amid rising capacity demands.

Notable Quotes

• “We commend Aqua Dynamics for being a leader in their industry by securing a guaranteed supply of ALUULA's materials… Every committed purchase enables us to pre‑plan input materials and production time in advance.” – Sage Berryman, CEO & President, ALUULA
• “With this increasing interest, it became important for us to evolve our working relationship with ALUULA to ensure our customers have access to the most innovative materials throughout the year…” – Frank Ulmer, Managing Director, Aqua Dynamics