Production Continues to Increase at Ecolomondo's Hawkesbury TDP Facility

Executive Summary

• The Hawkesbury thermal decomposition (TDP) facility processed a record 30 batches in October 2025, bringing total batches to 109 for the first ten months of 2025.
• Production highs included four double‑batches over four days, all run in automatic mode, increasing output of recovered carbon black (rCB), oil, steel, syngas and tipping fees.
• Despite higher volumes, the facility remains loss‑making as it continues its ramp‑up phase; full ramp‑up is targeted for July 2026.

Key Details

• Batch Activity: 30 batches in October 2025 (vs. 17, 33, 29 in the prior three quarters).
• Total Batches YTD: 109 batches processed Jan–Oct 2025.
• Production Mode: Achieved four double‑batches within a four‑day period, all operating in automatic mode.
• End‑Product Portfolio: rCB, oil, steel, syngas and tipping fees generated from on‑site processing of scrap tires.
• Financial Impact: Revenue streams are increasing but the facility continues to operate at a loss due to ongoing ramp‑up costs.
• Future Outlook: Full operational ramp‑up targeted for July 2026; management expects continued growth in demand for rCB and other recovered resources.
• Management Commentary: Interim CEO JF Labbé highlighted the significance of higher processing volumes and repeat purchases by off‑take customers.

Notable Quotes

“We are proud to see that we are processing more scrap tires and producing more end‑products, which are repetitively purchased by off‑take customers,” – JF Labbé, Interim CEO

Materiality Assessment: Non‑Material – Positive (operational improvement with forward‑looking statements but no immediate financial impact disclosed).