Parana Technology enables the production, application and recycling of renewable, high-performance polyesters through simpler and more cost-effective synthesis routes using commercially available monomers such as isosorbide, succinic- and oxalic acid, and bio-MEG and production in existing industrial assets. The technology portfolio includes oxalic acid-based PISOX polyesters, which offer attractive sustainability characteristics, including marine degradability and the potential for a carbon-negative footprint, as well as PISA, PEIT and PEIF polyesters, which combine high mechanical and thermal performance with renewable content for packaging, consumer goods and specialty applications. The technology has attracted interest from leading global consumer brands and materials innovators.

As part of the transaction, Avantium has transferred the assets associated with Parana Technology to Parana Materials, including intellectual property, know-how, projects and a dedicated team. Among the founders of Parana Materials is Gert-Jan Gruter, currently Avantium’s Chief Technology Officer and the inventor of the Parana Technology, who will transfer to the new company following completion of the transaction as Chief Technology Officer of Parana Materials. Parana Materials will be led by Willem-Jan Meijer. Willem-Jan has more than a decade of experience in strategy, licensing, business development and the commercialization of sustainable technologies, including senior leadership positions at Avantium and dab.bio. Avantium will retain a minority shareholding in Parana Materials, allowing Avantium to participate in future value creation while maintaining focus on its strategic priorities.

Parana Materials has been established at Brightlands Chemelot Campus in Geleen, the Netherlands, and starts its next phase with dedicated leadership, funding and infrastructure. The company will assume responsibility for the operation of Avantium's polymerization pilot plant unit under a lease arrangement. This unit will support Parana Materials' development, scale-up and customer application activities and will be used for third party tolling, while allowing Avantium to reduce its overall cost base with minimal operational disruption. Avantium will retain ownership of the unit and continue to have access to its polymerization capabilities through Parana in support of its FDCA and PEF technology.

To support its next phase of development and commercialization, Parana Materials has secured backing from LIOF Participatiefonds, Limburg's regional development agency, as well as from its founders. The company has also been awarded support through the Just Transition Fund (JTF) and the Demonstration Energy and Climate Innovation (DEI+) programmes. Together, these commitments provide a strong foundation for advancing Parana Materials toward commercial applications and further scale-up of its renewable polyester platform.

Gert-Jan Gruter, Chief Technology Officer and founder of Parana Materials, said: "Parana Materials starts with a clear mission: to turn a distinct portfolio of plant-based polyester technologies into practical solutions for customers. Operating as an independent company gives us the focus and agility to develop PISOX, PISA PEIT and PEIF together with partners, using production routes designed to fit existing industrial infrastructure. We look forward to building the company and translating customer interest into concrete applications."

Jeffrey Lutje Spelberg, investment manager of LIOF, added: “Parana Materials combines innovative technology with strong international growth potential. Our investment supports its technical and commercial development while strengthening Limburg’s biobased materials cluster. Its presence at Brightlands Chemelot Campus creates new opportunities for collaboration and innovation, helping build lasting economic value for the region.”

Tom van Aken, Chief Executive Officer of Avantium, said: "The completion of the Parana spin-out is another important step in the execution of our strategy. By creating an independent company with dedicated leadership, funding and development resources, we believe Parana Materials is well positioned to advance its promising polyester technology platform. At the same time, the transaction enables Avantium to sharpen its focus on the commercialization of FDCA and PEF and the execution of our licensing strategy. Through our shareholding in Parana Materials, we retain exposure to the future value creation potential of the technology while allowing the business to pursue its own growth trajectory."

About Parana Materials
Parana Materials B.V. is an innovative materials company focused on the development and commercialization of renewable, high-performance polyesters. The company develops next-generation polyester materials that can be produced using commercially available monomers and existing industrial assets, offering a cost-effective pathway towards more sustainable materials.

Its technology platform includes oxalic acid-based PISOX polyesters, which offer attractive sustainability characteristics, including marine degradability and the potential for a carbon-negative footprint, as well as PISA, PEIT and PEIF polyester technologies, which combine renewable content with high-performance material properties for applications ranging from packaging and consumer goods to durable materials. The company is headquartered at Brightlands Chemelot Campus in Geleen, the Netherlands.

About LIOF
LIOF is the regional development agency for the Dutch province of Limburg. We support ambitious entrepreneurs with advice, networking opportunities, and financing. We are here for every startup, scale-up, and SME with an innovative idea, a business plan, or a financing need, as well as for (international) entrepreneurs looking to establish their business in Limburg. In addition, we facilitate cross-border collaboration and international business development. Together with entrepreneurs and partners, we work towards a resilient and future-oriented Limburg.
www.liof.nl

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information
Avantium: 
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com 

Parana Materials:
Robin Gruter
info@paranamaterials.com

The EGM took place on Wednesday 30 September 2026 at Avantium's headquarters in Amsterdam. During the meeting, shareholders also received a business update on the Company's performance in the first half of 2026. In total 7,383,614 shares, representing 29.3% of the total number of shares outstanding on the record date of the meeting, were represented at the EGM and voted on the resolutions.

Shareholders approved the amendment of Avantium's Articles of Association to increase the authorised share capital from EUR 43,480,060 to EUR 125,000,000. This increase in authorised share capital is intended to provide the flexibility required to support the Company's financing plans and future growth ambitions. In addition, shareholders approved the designation of the Management Board, subject to Supervisory Board approval, as the corporate body authorised to issue ordinary shares, grant rights to subscribe for ordinary shares, and limit or exclude pre-emptive rights until the date of Avantium's 2027 Annual General Meeting. The authorisation is intended to support the Company's planned equity raise and provide flexibility for other financing and corporate purposes.

Voting results
The agenda items proposed for adoption in the Meeting were voted on as follows:

Agenda item 3
The EGM approved the amendment to the Articles of Association of Avantium.

Agenda item 4
The EGM designated the Management Board as the corporate body authorized to issue ordinary shares up to the statutory maximum of the authorised share capital, and to limit or exclude pre-emptive rights in respect thereof, for the period from the EGM until the date of Avantium’s Annual General Meeting to be held in 2027.

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

The unaudited IAS 34 Interim Financial Statements for the six months ended 30 June 2026 have been published today and are available on the Company's website (20260930-IAS-34-Interim-Statements-HY-2026.pdf). The Interim Financial Statements are consistent with the financial update published on 19 August 2026 and contain no material changes to the financial information previously disclosed. The Interim Financial Statements have been prepared on a going concern basis.

For the six-month period ended 30 June 2026, Avantium reported revenues of €4.7 million, EBITDA of -€18.8 million and a cash position, including restricted cash, of €23.9 million, underscoring the importance of the Company's financing and liquidity initiatives.

The Company's going concern assessment, as set out in the Interim Financial Statements for the six months ended 30 June 2026, is principally dependent on a number of important assumptions, including (1) the successful completion of the start-up phase and initiation of commercial operations at the FDCA Flagship Plant in the second half of 2026; (2) securing additional funding through the Company’s financing package; (3) compliance with the conditions and undertakings under the existing Debt Financing Facilities; (4) achievement of FDCA Flagship Plant product sales and milestone payments from license agreements in the second half of 2026 and throughout 2027; (5) the satisfactory conclusion of the ongoing discussions with Worley concerning the close-out of the construction phase of the FDCA Flagship Plant; and (6) the successful execution of strategic options for non-core technology assets, the performance and strategic future of Avantium R&D Solutions and related cost management. Accordingly, the Interim Financial Statements include a material uncertainty related to going concern.

Since 30 June 2026, Avantium has made progress in addressing several of these assumptions. The Company has successfully produced the first batch of FDCA at the FDCA Flagship Plant, completed the contractual close-out with Worley, advanced preparations for its financing package, and continued the execution of its portfolio realignment and cost-management measures. Preparations for commercial deliveries of product, currently anticipated to commence towards the end of 2026, are ongoing. 

FDCA Flagship Plant progresses toward commercial operations
Earlier this week, Avantium announced the successful production of FDCA at its FDCA Flagship Plant in Delfzijl. Following the commissioning of all major process units and the successful production of the first FDCA batch, Avantium is focused on producing additional FDCA, completing qualification activities, and preparations for the first commercial deliveries under existing offtake agreements, expected toward the end of 2026.

The successful production of FDCA in the Flagship Plant represents an important step in the commercial validation of Avantium's proprietary YXY^® Technology and supports the Company's licensing strategy for future FDCA and PEF production facilities. Avantium has currently secured 23 offtake agreements for material to be produced in the FDCA Flagship Plant, and 17 capacity reservation agreements representing more than 150 kilotonnes of potential annual production capacity from future licensed facilities.

Financing package continues to progress
Avantium is making good progress with its comprehensive financing package, consisting of an intended equity raise of at least €55 million and the proposed €20 million Nij Begun financing facility, to support the start-up and ramp-up of the FDCA Flagship Plant, ongoing operations and the execution of its commercialization and licensing strategy. Discussions with shareholders, prospective investors, financial institutions, and other stakeholders have advanced further, including on the structure, implementation and documentation of the financing package. Discussions with the NOM (the Investment and Development Agency for the Northern Netherlands), acting on behalf of the Ministry of Economic Affairs and Climate and the Province of Groningen, regarding the proposed Nij Begun facility have also progressed further.

Subject to shareholder approval of the resolutions proposed at today's Extraordinary General Meeting and other customary conditions and approvals, the Company remains on track with the preparations for the planned equity raise. The exact timing of the launch of the transaction depends, amongst other things, on the decision-making procedures at some of Avantium’s key stakeholders in relation to their contribution, however, the Company currently anticipates launching the transaction in Q4 2026.

Worley close-out completed, reducing project and contractual uncertainties
On 29 September 2026, Avantium and Worley entered into a close-out agreement aimed at achieving a comprehensive resolution of the principal outstanding matters between the parties in relation to the FDCA Flagship Plant. The agreement addresses the principal outstanding commercial and contractual matters between the companies, including outstanding invoices and claims, responsibilities associated with remediation activities, titanium welding-related matters, and the contractual close-out of the EPC relationship. The agreement also addresses a framework for future cooperation between the parties.

Strategic focus sharpened through portfolio realignment and cost discipline
The Company continues to sharpen its strategic focus on the commercialization, scale-up and licensing of FDCA and PEF through active portfolio optimization and disciplined cost management. Following the divestment of Ray Technology^® to UPM and the subsequent spin-out of Volta Technology into Carbeau, the Company continues to execute its strategy for non-core technology assets, including the planned spin-out of Parana Technology into Parana Materials B.V. Combined with the earlier decision to discontinue further investment in Dawn Technology^®, these actions are expected to reduce future funding requirements and non-core cost exposure, and reinforce management focus on its core FDCA and PEF activities.

The Company continues to evaluate strategic alternatives for Avantium R&D Solutions, including potential partnerships, restructuring initiatives and other value-enhancing options. In parallel, management is implementing cost reduction measures to improve the business' cost profile and reduce future funding requirements.

In parallel, Avantium is implementing restructuring and cost-saving measures designed to strengthen its financial position and extend its working capital runway. Over the past twelve months, the Company has reduced its workforce by approximately 15% through portfolio optimization initiatives, organizational restructuring and spin-out activities. Avantium continues to review discretionary expenditure, external spending and operating costs across the organization, while evaluating additional restructuring and cost-reduction measures to preserve liquidity, reduce its cost base and extend the Company's funding runway.

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

The production of the first FDCA batches represents an important step in validating Avantium's proprietary FDCA technology under commercial operating conditions. Avantium will now focus on a disciplined product qualification and operating program, to ensure its product meets customer specifications, progressing from batch toward continuous operations.

Tom van Aken, CEO at Avantium, commented: "Producing the first FDCA at our Flagship Plant is a significant achievement and an important milestone for Avantium. This achievement marks the transition from commissioning activities to operational start-up and qualification. Our teams have worked tirelessly to reach this point, and I would like to thank everyone involved for their dedication and commitment. Our focus now shifts to optimizing operations, producing additional FDCA, completing qualification activities and preparing for commercial sales which we expect toward the end of 2026."

A successful start-up and qualification process is expected to provide commercial-scale validation of Avantium's YXY^® Technology for the production of FDCA and PEF and support the advancement of licensing discussions with prospective partners worldwide. Avantium continues to expect ramp-up to full design capacity to take place over a period of 12-24 months following plant start-up.

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

Releaf^® is a plant-based, high-performance polymer made from FDCA (furandicarboxylic acid), Avantium's flagship molecule. As the packaging industry seeks solutions that combine high performance, recyclability and a lower environmental footprint, releaf^® represents an innovative material under evaluation for packaging applications. Its oxygen and carbon dioxide barrier properties offer the potential to extend shelf life in selected rigid packaging applications, helping to keep food fresh for longer and contributing to reduced food waste. These barrier properties are also being evaluated for use in flexible lidding films and flow-wrap packaging structures requiring high barrier performance. At the same time, its lower carbon footprint can support sustainability goals of brands and converters. In addition, releaf^® may support the development of packaging structures designed for recyclability, providing an alternative to conventional multi-layer trays that are more challenging to recycle.

In view of the next phase of development, kp has signed a capacity reservation agreement supporting access to future volumes of releaf^® from prospective industrial-scale plants to be built and operated by licensees using Avantium's technology. The agreement provides a possible pathway toward the future commercial deployment of releaf^® in thermoformed food packaging applications across Europe, and aligns with Avantium's strategy to establish a global network of licensed PEF production facilities. The agreement also facilitates ongoing evaluation activities and potential future access to volumes subject to the material meeting technical, regulatory and commercial requirements.

Samuel Pardo, Senior Innovations Manager at Klöckner Pentaplast, said: "At kp, we are continuously exploring innovative and emerging packaging materials that can help our customers meet their sustainability goals while maintaining the high performance required for food packaging applications. Releaf^® combines renewable feedstock origins and barrier characteristics that make it an interesting option for evaluation in thermoformed food packaging applications. Through this agreement, we plan to continue assessing the material's performance, processability and suitability as part of our broader innovation program.”  

Marco Jansen, Chief Commercial Officer at Avantium, commented: "We are delighted to deepen our collaboration with kp, a leading global packaging company. Thermoformed food packaging is an important market for PEF, where its combination of barrier performance, recyclability and renewable origin can create tangible value. This capacity reservation demonstrates growing market interest in PEF and supports our strategy to establish future industrial-scale PEF production through technology licensing."

About Klöckner Pentaplast  
Focused on delivering its vision: The Sustainable Protection of Everyday Needs, kp is a global leader in rigid and flexible packaging and specialty film solutions, serving the pharmaceutical, medical device, food, beverage and card markets, amongst others. With a broad and innovative portfolio of packaging and product films and services, kp plays an integral role in the customer value chain by safeguarding product integrity, assuring safety and consumer health, improving sustainability, and protecting brand reputation. kp’s “Investing in Better” sustainability strategy solidifies its commitment to achieving ten clear targets for long-term improvement by increasing the recycling and recyclability of products, cutting carbon emissions and continuous improvement in employee engagement, safety, and diversity, equity and inclusion.

For five consecutive years, kp has held a gold rating from EcoVadis, the leading platform for environmental, social and ethical performance ratings. This ranks kp in the top 1% of companies rated in the manufacturing of plastics products sector.

Founded in 1965, kp has 27 plants in 16 countries and employs c.5,000 people committed to serving its customers worldwide.  kp is proud to have celebrated its 60th anniversary in 2025. For more information visit: www.kpfilms.com

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

FDCA (furandicarboxylic acid) is a plant-based building block for the production of PEF (polyethylene furanoate), Avantium’s flagship polymer marketed under the releaf^® brand. PEF is plant-based, recyclable and offers superior barrier properties compared with conventional plastics, making it an attractive material for packaging, textiles, consumer goods and other high-performance applications.

Japan is a key market for sustainable materials, driven by increasing demand for renewable and circular packaging solutions. Through this partnership, Avantium and Sojitz Pla-Net aim to accelerate awareness and adoption of releaf^® among Japanese brand owners, converters, packaging producers and other value chain partners. As a first step in their collaboration, Avantium and Sojitz Pla-Net will jointly participate in Sustainable Material Expo (SUSMA) 2026, taking place from 30 September to 2 October 2026 in Chiba, Japan, one of Japan’s leading exhibitions for sustainable materials. At the event, the companies will showcase a range of PEF applications and engage with prospective customers and partners interested in next-generation plant-based materials.

Yuzhong Chen, Business Development Manager Asia at Avantium, commented: "Japan has long been an important market for Avantium, with strong interest in sustainable, high-performance materials. We are pleased to partner with Sojitz Pla-Net, whose extensive market knowledge, customer relationships and sustainability focus make them an ideal partner to further expand opportunities for FDCA and PEF. While our initial focus is on Japan, we also look forward to exploring broader opportunities together through the international Sojitz network."

About Sojitz Pla-Net
Sojitz Pla-Net Corporation is a leading Japanese trading company specializing in plastics, packaging materials and sustainable material solutions. As a core operating company for the plastics-related businesses of the Sojitz Group, Sojitz Pla-Net serves customers across a wide range of industries, including packaging, consumer goods, mobility and electronics. The company provides access to conventional, recycled and renewable materials and supports customers in developing solutions that address evolving sustainability requirements. With its extensive industry expertise, customer network and commitment to advancing circular and low-carbon materials, Sojitz Pla-Net plays an important role in the transition towards a more sustainable plastics value chain.

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands. Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com

The successful commissioning of the purification unit follows the previously announced start-up of the utility systems and sugar dehydration unit, and the successful commissioning of the oxidation unit. Avantium is now continuing integrated start-up activities and preparing for the first production of FDCA at the Plant.

Hero de Jager, interim Chief Operations Officer of Avantium: "The successful commissioning of the purification unit is an important step in the start-up of our FDCA Flagship Plant. Having completed commissioning across all major process units, our focus now shifts to the production of the first batches of FDCA. We remain committed to the safe and successful start-up of the Plant and to commencing commercial deliveries under our existing offtake agreements as planned."

For the remainder of 2026, Avantium will focus on full FDCA Flagship Plant start-up, production of the first batches of FDCA, completion of qualification activities and preparation for commercial sales under existing offtake agreements, which are expected to commence at the end of 2026, subject to successful start-up and product qualification. Successful completion of the start-up is expected to provide commercial-scale validation of Avantium's FDCA technology and support the advancement of licensing discussions. The Company continues to expect ramp-up to full design capacity to take place over a period of approximately 24 months following start-up.

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

Under the agreement, Sukano secures access to production volumes of releaf^® from future industrial-scale facilities to be built and operated by Avantium’s potential licensing partners. Building on the companies’ collaboration since 2022 on masterbatch solutions for PEF, the agreement reflects Sukano’s confidence in releaf^® as a high-performance, plant-based and recyclable polymer. The capacity reservation agreement represents the next step in the partnership and provides a pathway toward future commercial-scale deployment.

Alessandra Funcia, Head of Sales & Marketing at Sukano AG, said: "Our collaboration with Avantium over the past several years has demonstrated the exciting potential of PEF, marketed as releaf^®. By securing future production volumes through this capacity reservation agreement, we are reinforcing our commitment to providing customers with innovative and more sustainable polyester materials. We believe releaf^® can play an important role in enabling the next generation of high-performance packaging and specialty applications."

"We are pleased that Sukano is extending its commitment to releaf^® through this capacity reservation agreement. Sukano has been a decisive partner in developing masterbatches for PEF, helping to unlock its full potential across industrial film, fiber, and bottles applications, and supporting its successful scale-up on industrial production lines. This agreement demonstrates growing confidence in releaf^® and supports the continued build-out of the future value chain for our renewable and circular polymer”, added Bineke Posthumus, Commercial Director at Avantium.

About Sukano
Sukano is a global specialist in the development and production of additive and color masterbatches and compounds for polyesters, biopolymers, high-temperature polymers, and specialty resins. The company is driven by expertise and devotes its technical knowledge to developing highly specialized products and services that go into packaging, consumer durables, building and construction, healthcare and fibers.

The company is a family-owned business headquartered in Switzerland, operating additional manufacturing facilities in the USA, Malaysia, and Hungary, as well as a sales office in Shanghai.

More information: https://www.sukano.com/en

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

More information: http://www.avantium.com

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

The full press release is available in the downloadable PDF below.

More information about this press release:
Media:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179,
mediarelations@avantium.com

Investor Relations:

Aarne Luten, Director Investor Relations
+31-625687714,
ir@avantium.com

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands. Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

This press release by Avantium N.V. contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR).
 

PEF is a plant-based, recyclable polyester alternative made from renewable feedstocks. The material offers an attractive combination of sustainability and performance characteristics, including excellent mechanical properties, making it a promising candidate for a variety of textile applications.

Casa da Malha is a Portuguese fabric knitting company specializing in premium circular knitted fabrics and innovative textile solutions. Driven by a commitment to sustainability and material innovation, the company continuously explores next-generation fibers and materials that can help reduce the environmental footprint of textile products. Lacatoni is a Portuguese sportswear brand and manufacturer that designs and supplies technical apparel, teamwear, and performance clothing for a wide range of sports. With a strong focus on innovation, functionality, and athlete comfort, Lacatoni works with sports clubs, federations, and teams in Portugal and internationally.

The partners developed a series of sportswear and textile prototypes incorporating PEF-based yarns and fabrics. Among the first tangible results of the collaboration is a prototype sports shirt developed by Casa da Malha for Lacatoni, demonstrating the potential of plant-based, recyclable PEF in performance apparel applications. The sports shirt prototype is being showcased at Milano Unica in Milan from 7–9 July 2026, one of Europe’s leading textile trade fairs, and forms part of a broader range of textile prototypes that will be presented to brands, manufacturers, industry stakeholders, and consumers.

Filipa Costa, Innovation & Sustainability Director of Casa da Malha, said: “This project allows us to work with a novel polymer and to translate its properties into knitted fabric constructions that meet the quality and performance standards expected by apparel brands. We are proud to contribute our textile expertise to this important step in material development."

Belisa Rodrigues, CEO of Lacatoni, added: "Our customers increasingly expect sportswear to combine performance with responsible material choices. Through these prototypes, we can evaluate how next-generation materials such as PEF perform in real apparel applications and help inspire the market with new possibilities for sustainable sportswear."

Laleh Maleki, Business Development Manager at Avantium, said: “We are excited to explore the potential of PEF in textiles together with leading partners across the value chain. Collaborations like this help accelerate the development of new, high-performance applications for renewable materials and bring them closer to commercial adoption."

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

The external investor group brings together complementary industrial, financial and regional expertise. Strategic partners comprise GKT GmbH, based in Austria, contributing extensive experience in industrial process technology, and Al Baleed Petrochemical (SFZ), based in Oman, adding petrochemical and international market expertise. Financial partners are Invest‑NL, the National Promotional Institution of the Netherlands, supporting the acceleration of innovative and sustainable technologies, and Investment and Development Agency for the Northern Netherlands (NOM) strengthening Carbeau’s connection to the Northern Netherlands’ industrial ecosystem. Together with Avantium, the consortium is well positioned to support Carbeau’s next phase of growth and scale‑up ambitions.

The name Carbeau unites "Carbon" and "Beau" (beautiful), perfectly capturing the company's mission: Making Carbon Work Beautifully. Carbeau shifts the global narrative around CO₂ by transforming it from a critical emission challenge into valuable and sustainable materials. Carbeau’s technology platform focuses on the electrochemical conversion of CO₂, using electrons, preferably generated from renewable electricity, into valuable chemical building blocks. This approach enables the transformation of CO₂ from a waste emission into a valuable feedstock, supporting the production of high‑value, renewable products with limited to negative carbon emissions. The company’s initial product focus includes glycolic acid for the personal care market and PLGA (polylactic‑co‑glycolic acid), a compostable plastic offering strong technical performance in terms of barrier properties and marine degradability. These CO₂‑based products are designed to be cost‑competitive with incumbent fossil‑based materials, supporting both climate objectives and broad market adoption.

Carbeau will be headquartered at the Amsterdam Science Park, maintaining close ties with Avantium’s broader innovation ecosystem, and is planning the development of a pilot plant in Delfzijl in the north of the Netherlands. The Delfzijl region offers a strong industrial and Carbon Capture & Utilization (CCU) base and aligns well with Carbeau’s ambitions to leverage sustainable energy and infrastructure for scaling its electrochemical CO₂ conversion technology.

The company will be led by an experienced management team with expertise across technology development, scale‑up and commercialization. By spinning out Volta Technology into Carbeau, Avantium enables a sharper strategic focus for both companies. Avantium continues to advance its core activities in renewable polymer materials, while Carbeau accelerates the development and industrial deployment of electrochemical CO₂ utilization technologies.

Yap Chie Cheung, CEO of Carbeau, said: “Today marks an important milestone for our team. What started within Avantium as a pioneering technology platform has grown into Carbeau, a company with a clear mission and a bright future ahead. I would like to sincerely thank Avantium for its support and belief in the technology over the years, as well as our investors for their confidence in our vision. With €35.2 million in funding and the backing of an outstanding consortium of strategic and financial partners, we are in a strong position to accelerate commercialization and scale-up. We believe Carbeau can play an important role in transforming CO₂ from a challenge into an opportunity, and we now have the team, technology and partners to make that ambition a reality.”

Tom van Aken, CEO of Avantium, added: “We are tremendously proud to see Volta Technology evolve into Carbeau. This spin-out demonstrates Avantium’s ability to develop breakthrough technologies and bring them to a stage where they can attract substantial external investment and pursue their own growth trajectory. The €35.2 million financing and the strong consortium supporting Carbeau are a powerful endorsement of both the technology and the team behind it. We are pleased to remain closely involved as a significant shareholder, retaining a 32.7% stake in Carbeau. We look forward to supporting the company as it enters this exciting next phase and to seeing the impact its technology can have on advancing the circular carbon economy.”

About Carbeau

Carbeau is a technology company focused on the electrochemical conversion of CO₂ into high‑value, renewable products. Building on an electrochemical platform that uses electricity to drive chemical reactions, Carbeau enables CO₂ to be used as a raw material rather than a waste stream. The company’s technology supports the production of cost‑competitive, CO₂‑based chemicals and materials with limited to negative carbon emissions, contributing to the transition towards a circular and climate‑neutral economy. Carbeau is headquartered in Amsterdam, the Netherlands.

More information can be found at www.carbeau.com

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

About GKT

GKT GmbH is an Austrian technology company specializing in industrial process technology and engineering solutions. The company supports the development, design and scale-up of innovative industrial processes across a range of sectors. With extensive expertise in process development and commercialization, GKT helps bring advanced technologies from concept to industrial implementation.

 

About Al Baleed Petrochemical (SFZ)

Al Baleed Petrochemical (SFZ), based in the Sultanate of Oman, is a company focused on investments and partnerships in the petrochemical and chemicals sector. The company supports the development and commercialization of innovative technologies that contribute to a more sustainable industrial future, while leveraging its expertise in petrochemical markets and international business development.

About Invest-NL

Invest-NL is the National Promotional Institution. Invest-NL supports innovative companies and projects that contribute to societal transitions, including the energy transition, circular economy, sustainable industry and deep-tech innovation. Through financing and expertise, Invest-NL helps accelerate the development and scaling of solutions that strengthen the future earning capacity of the Netherlands.

About NOM

NOM (Investment and Development Agency for the Northern Netherlands) is the regional development agency for the Northern Netherlands. NOM supports innovative companies through investment, business development and internationalization, with the aim of strengthening the regional economy and accelerating sustainable growth. NOM plays an active role in developing the Northern Netherlands as a leading region for energy, circularity and industrial innovation.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

PEF is a high-performance, plant-based and recyclable material designed to offer improved barrier performance compared to conventional fossil-based plastics, helping to preserve flavor and quality in beverages. By applying PEF to shot formats, the partners aim to demonstrate how renewable materials can be integrated into existing beverage applications and supply chains. The partners are evaluating how Avantium’s PEF performs in this application and how it can support product protection, extend shelf life and contribute to reducing the environmental impact of packaging for functional beverage shots.

“This project demonstrates how new materials can be integrated into existing bottle production processes,” comments Lígia Passos, Head of R&D at Gepack. “Working with Avantium and partners enables us to evaluate PEF in a real application and across the value chain.”

Bineke Posthumus, Commercial Director at Avantium, adds: “Collaborating across the value chain is essential to assess how new materials perform in real applications. This project allows us to evaluate PEF across the full process, in a compact and distinctive shot format - a category that combines strong consumer appeal with a real need for high‑performance, more sustainable packaging.”

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

Under the agreement, Hoogesteger secures access to future production volumes of releaf from planned licensed plants. Capacity reservations represent commitments for volumes from future industrial-scale facilities to be built and operated by Avantium’s licensees. Avantium has now secured capacity reservations for well over 100 kilotonnes of releaf^®, exceeding the output of a single 100 kilotonnes licensed plant.

Releaf^® is a plant-based and recyclable polymer designed as a sustainable alternative to conventional plastics. It offers superior barrier properties that help keep juices and smoothies fresher for longer, while also reducing the carbon footprint. The collaboration between Avantium and Hoogesteger reflects a shared ambition to make packaging more sustainable without compromising on quality or product integrity. Building on the earlier offtake agreement and now this reserved capacity, the partnership outlines a clear pathway toward large-scale adoption of releaf across both retail and foodservice markets. Hoogesteger supplies a broad customer base, including supermarkets such as Albert Heijn and wholesalers including Sligro and Hanos, as well as hospitality and foodservice groups such as Van der Valk and corporate catering.

Charles Arentsen, CEO at Hoogesteger, said: “Sustainability is a key priority for us, and packaging plays an important role in that journey. Following our earlier offtake agreement, this capacity reservation reflects our confidence in releaf^® as a next-generation material. Its performance is equally important to us, as it helps keep our juices and smoothies fresher for longer while reducing our environmental impact.”

Bineke Posthumus, Commercial Director at Avantium, said: “This agreement with Hoogesteger is an important step in building the future releaf^® value chain. It shows that partners are moving beyond initial interest toward securing volumes from future plants. With well over 100 kilotonnes now reserved, we are seeing clear momentum toward large-scale deployment.”

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

The LCA was conducted with nova‑Institut and Tereos, using industrial data representative of future industrial production. Results have been peer‑reviewed and follow internationally recognised ISO standards. The work was carried out within the European Commission‑funded PEFerence project[2]. The findings have been published in the peer‑reviewed scientific study “Life Cycle Assessment of an Emerging, Innovative Biopolymer: Poly(ethylene furanoate)”, and provide a comprehensive assessment of releaf^® across the full life cycle, from biomass production to end‑of‑life, including recycling. The analysis includes a cradle-to-gate and a cradle‑to‑grave approach, including feedstock cultivation, conversion into chemical intermediates, polymer production, packaging applications, and end‑of‑life treatment such as recycling and energy recovery.

The study shows that the reduction in greenhouse gas emissions is primarily driven by the replacement of fossil carbon with renewable carbon derived from plant‑based feedstocks. As part of the natural carbon cycle, carbon dioxide absorbed during plant growth offsets emissions later in the life cycle. In addition, releaf^®’s improved material properties enable lighter packaging designs, further reducing environmental impact across production and transport. The highest reductions are achieved in monolayer PEF bottles, enabled by lower material use and a fundamentally different carbon balance. In addition, multilayer PEF/PET solutions outperform conventional PET/PA bottles, offering lower emissions and improved recyclability.

The analysis also highlights that renewable carbon and recycling are complementary approaches. Recycling reduces demand for virgin material, while renewable carbon reduces the impact of that material. Combined, these approaches enable deeper reductions in the overall carbon footprint of plastics. Ed de Jong, VP Development at Avantium, said: “The updated LCA provides a robust, science‑based assessment of the environmental performance of releaf® and supports its potential contribution to reducing emissions in plastics, at a time when dependence on fossil feedstocks is increasingly under pressure.”

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

[1] This includes biogenic carbon uptake.

[2] PEFerence has received funding from the Bio‑based Industries Joint Undertaking under the European Union’s Horizon 2020 research and innovation program (grant agreement no. 744409). The JU received support from the European Union’s Horizon 2020 research and innovation program and Bio‑based Industries Consortium.

For over 40 years, Heynen Systems B.V. has provided a system solution for the comfort foam industry, serving both manufacturers and end users. Its business-to-business solutions are designed to automate the encapsulation process and reduce production costs. For end users, its technology helps prevent abrasion between comfort foam and outer covers, extending product lifetime. Heynen Systems’ solutions are used by leading international brands such as IKEA and Tempur.

The collaboration between Avantium and Tricover focuses on prototyping and exploration. The partners are assessing how releaf^® can be applied in automated foam encapsulation, enhancing both performance and sustainability.

“At Heynen Systems, we continuously explore new materials and technologies that support our customers and enable further development in our field. Innovation has been central to the company since its inception, as reflected in several EU patents registered by our founder, Chris Heijnen,” said Gabriela Caraman, Communication and Sustainability Adviser. “This collaboration allows us to experiment with releaf^® and explore how we can further reduce environmental impact while remaining competitive. We are pleased to share this first prototype cushion made with releaf^® with our customers and to start the conversation on circular products ‘Made in Europe’.”

“Exploring new application areas is essential as we scale releaf^®,” added Laleh Maleki, Business Development Manager at Avantium. “Working with Tricover^® allows us to bring our material into direct contact with real-life applications in bedding and upholstery. This prototype is a valuable step to learn, test, and inspire the industry with what’s possible using our plant-based material PEF.”

About Heynen Systems BV

Heynen Systems B.V. is a family-owned company founded in 1979 and based in Lelystad, the Netherlands. The company combines two core activities: knitting technical textiles and the design and building of automated encapsulation machinery. Together, these capabilities form an interoperable automated system for effortless encapsulation of the comfort foam cores in highly elastic stockinette, offering properties such as moisture resistance and flame retardancy (Crib5) i.a.

Tricover’s solutions are used in applications such as mattresses, cushions, upholstered furniture and automotive seating, serving customers worldwide.

To learn more about interliner automation, please visit: https://www.tricover.com/

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

The transaction reflects Avantium’s strategic focus on the commercialization and licensing of its FDCA and PEF technology platform. While Ray Technology has demonstrated strong potential, further development towards commercial scale would have required substantial additional investments. In light of its strategic priorities and capital allocation discipline, Avantium concluded that divesting the intellectual property was the most appropriate step. Avantium no longer has employees dedicated to Ray Technology^®, and the transaction therefore has no employment consequences.

The total consideration for the transaction amounts to €2.7 million in cash. €2.0 million of the proceeds will be used to partially repay Avantium’s Debt Financing Facilities with the consortium of lenders (ABN AMRO, ASN, ING, Rabobank and InvestNL), with the remaining €0.7 million allocated to the dismantling of the idle Ray pilot plant and other close-out costs.

Tom van Aken, Chief Executive Officer of Avantium, said: “This agreement supports our strategic focus and disciplined capital allocation. We are pleased that the Ray Technology intellectual property will continue with a strong European partner and see potential for future collaboration opportunities with UPM.”

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

The AGM took place on Tuesday 12 May 2026 at Venue Collective, Generaal Vetterstraat 55, 1059 BT Amsterdam, the Netherlands. In total 8,423,069 shares, representing 33.42% of the total number of shares outstanding on the record date of the meeting, were represented at the AGM and voted on the resolutions.

Voting results
The agenda items proposed for adoption in the Meeting were voted on as follows:

Agenda item 4
The AGM gave a positive advice on the Remuneration Report 2025.

Agenda item 5
The Financial Statements for 2025 are adopted.

Agenda item 6
The members of the Management Board are discharged for the performance of their duties in the financial year 2025.

Agenda item 7
The members of the Supervisory Board are discharged for the performance of their duties in the financial year 2025.

Agenda item 8
Mr. Rogier van Wijk is appointed as member of the Management Board.

Agenda item 9
Mr. Nils Björkman is re-appointed as member of the Supervisory Board.

Agenda item 10
The AGM designated the Management Board as the corporate body authorized to issue ordinary shares up to the statutory maximum of the authorised share capital, and to limit or exclude pre-emptive rights in respect thereof, for a period of 18 months from the date of this AGM.

Agenda item 11
PricewaterhouseCoopers Accountants N.V. is re-appointed as external auditor for the financial year 2026.

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

The remediation work was executed in close collaboration with SRI Speciaal Roestvrijstaal Industrie, a Dutch industrial engineering and fabrication company based in Veenwouden (Friesland) specializing in high‑complexity equipment and welding work for the process industry, under the supervision of Bilfinger, a multinational industrial services and engineering company. The successful completion of the weld repair program underscores the strength of regional cooperation and technical expertise in the Northern Netherlands.

Commissioning activities at the FDCA Flagship Plant continue. Utilities and the Sugar DeHydration unit are operational, and work remains focused on the final commissioning and start-up steps for the oxidation and purification units. The expected timelines for start-up of the Flagship plant and sales under Avantium’s offtake agreements remain unchanged. Avantium continues to expect to commence commercial product sales in the second half of 2026, in line with its previously communicated outlook.

Hero de Jager, interim Chief Operating Officer of Avantium, commented: “We are pleased that the titanium weld repair program has been completed. The close cooperation with SRI has been essential in ensuring that the repair work was carried out safely, efficiently and to the required specifications for reliable plant operations. With this important milestone behind us, we can fully focus on completing the remaining start‑up activities while keeping our operational and commercial plans on track.”

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

At the heart of the collaboration is releaf^®, Avantium’s plant-based and circular polymer made from renewable feedstock. Releaf^® offers a significantly lower carbon footprint than traditional plastics while delivering strong mechanical and barrier performance suited for packaging, films, fibers, textiles, and interior applications. Its versatility allows designers and brands to explore new material expressions while reducing dependence on fossil‑based plastics.

“Releaf^® gives designers an extraordinary level of versatility,” says Jean Lai, Manager Marketing & Branding at Avantium. “Because it is plant‑based, recyclable, and adaptable across formats - from films and fibres to solid components- it allows creators to rethink materials without compromising performance. We are honored to work with Nienke Hoogvliet. Her creative approach allows us to demonstrate just how beautiful and versatile releaf^® can be, proving that sustainable materials are every bit as functional as they are visually compelling. This collaboration shows how one polymer can move seamlessly between packaging, textiles and interior objects, opening a world of possibilities for circular design.”

Nienke Hoogvliet adds: “Exploring releaf^® as a design material opened up an inspiring process of experimentation, discovery, and translation. While developing new textures and forms was exciting, it was equally important to transform these technical samples into tactile, emotionally engaging objects. Technical innovations can sometimes feel distant or abstract; by revealing their beauty and physicality, these objects become storytellers of a meaningful and urgent narrative. We need to rethink how we produce and consume, and releaf^® offers a promising response to one of the most pressing material challenges of our time: plastic. We hope this mini‑collection inspires others to join us in shaping a fossil‑free future.”

Press Day Milan Design Week

From Plants to Plastic will be on view from April 21–26 2026 at Palazzo Giureconsulti. A special Press Day takes place on April 20, 2026 at 14:00, offering media an exclusive first look and discussion with the designers and Avantium’s releaf^® team. Media interested in attending are kindly requested to confirm their attendance by April 17, 2026 by contacting:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com / caroline.vanreedt-dortland@avantium.com

About releaf^® (made by Avantium)
Releaf^® is the ingredient brand for PEF, a next-generation, plant-based polyester for fossil-free packaging and textiles. Combining high performance with full recyclability and a lower carbon footprint, Releaf^® helps brands shift from oil to plants without compromising function or aesthetics. Learn more at releaf.bio.

About Hoogvliet Jongerius
Hoogvliet Jongerius, founded by Nienke Hoogvliet and Tim Jongerius, explores the relationship between people, society, and nature through material-driven design. Their projects, including the VALUE//VALUES carpet series on textile transparency, have been featured in museums and publications worldwide. Visit www.nienkehoogvliet.nl

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

Tom van Aken, Chief Executive Officer of Avantium, said: "2025 was a challenging and turbulent year for Avantium, but one that I believe has laid an important foundation for future commercial success. We made significant progress in the phased start-up of our FDCA Flagship Plant in Delfzijl, an essential step toward bringing our plant-based polymer PEF, marketed as releaf®, to market. At the same time, construction-related issues and the resulting delays required significant financial discipline, substantial additional financing, and some tough organizational decisions.

We strengthened our financial position through essential short-term financings, amendment of our debt financing conditions and a successful equity raise of €85 million, reflecting strong confidence from both new and longstanding investors, including the Dutch State. By year-end, the first half of the Flagship Plant had been commissioned and was operational, giving us a clear line of sight to completing start-up in 2026 and moving into commercial-scale production. 

We also enhanced the broader foundations of our PEF strategy. We expanded our commercial pipeline, advanced licensing discussions, and secured important regulatory and recycling approvals in Europe and Japan. These achievements further reinforce PEF’s potential as a high-performance, circular and plant-based alternative to fossil-based plastics. 

As we enter 2026, we do so with renewed focus and optimism. With the support of our partners and shareholders, the talent and dedication of our teams, and the global shift toward renewable and circular materials, I am confident that Avantium is well positioned for a transformative year. We remain committed to creating value for our shareholders by delivering on the promise of releaf® and leading the transition to a fossil-free chemical industry."

More information about this press release: 

Media: 
Caroline van Reedt Dortland, Director Communications 
+31-20-5860110 / +31-613400179, 
mediarelations@avantium.com 

Investor Relations: 
Aarne Luten, Director Investor Relations 
+31-625687714, 
ir@avantium.com

Rogier van Wijk is a seasoned finance executive with extensive experience in multinational and listed organisations. He brings more than 25 years of finance leadership across corporate finance, M&A, investor relations, treasury, risk management, and business transformation. Rogier joins Avantium from Cyclomedia Technology B.V., where he served as CFO and Management Board member with responsibility for Finance, Legal, M&A and HR. Prior to this role, he held senior finance leadership positions at Intertrust N.V., TPV Technology, and Philips, working in Europe, the United States, and Asia.

Edwin Moses, Chair of Avantium’s Supervisory Board, says: “We are pleased to nominate Rogier as the new CFO and member of the Management Board of Avantium. His international background, strong leadership, and deep experience across corporate finance, transformational growth and global operations make him well suited to support Avantium’s next phase of development. His breadth of experience in listed and global environments will help support our commercialisation and licensing strategy, and our trajectory towards EBITDA profitability. We very much look forward to working with him. On behalf of the Supervisory Board, I would also like to thank interim CFO René Ploegsma for his hard work and valuable contributions to Avantium.” 

The meeting documents for the Annual General Meeting on 12 May 2026 will be published on the Avantium website in due course. 

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO2). The most advanced technology is the YXY® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands. Avantium works in partnership with like-minded companies around the globe to 
develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX) Its offices and headquarters are in Amsterdam, the Netherlands.

For more information: 

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com 

Aarne Luten, Director Investor Relations 
+31-625687714 
ir@avantium.com

Commissioning and start-up at the FDCA Flagship Plant is progressing, with utilities and the sugar dehydration unit already operational and work now focused on starting up the oxidation and purification units. During the commissioning activities of those units, construction-related quality issues were identified in certain titanium welds in the piping, representing a safety risk for start-up and operations. Additional inspections over the past period provided a clearer picture of the extent of the issue, showing that more remediation work was required than initially expected and that the previous timeline was therefore no longer achievable.

The titanium weld remediation will result in an additional €7 million in capital expenditure. Avantium is reviewing its contractual and legal options to potentially secure compensation for these unexpected cost increases and delays.

Hero de Jager, interim Chief Operating Officer of Avantium, comments: “We are taking all necessary measures to ensure a safe, reliable and high-quality start-up of the FDCA Flagship Plant. With the weld repair program underway and commissioning progressing well across all parts of the plant, we have a clear plan to complete start-up by mid-2026. This will enable us to begin commercial product sales in the second half of 2026.”

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

Achieving all three ISO certifications demonstrates Avantium’s strong commitment to operating responsibly: reducing environmental impact (ISO 14001), ensuring a safe and healthy working environment (ISO 45001), and delivering consistent, high‑quality performance across our operations (ISO 9001). This achievement reflects the dedication of our teams and supports our ambition to scale our sustainable technology for the production of FDCA with the highest standards of operational discipline.

“Receiving these certifications is a testament to the hard work of our people and the values that guide Avantium,” said Nanda Weitering, Quality Manager at Avantium. “Safety and sustainability are at the heart of how we operate every day, and these standards strengthen the foundation on which we are helping to build a fossil‑free chemical industry.”

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com  

Packamama is internationally recognised for its lightweight, shatterproof, and fully recyclable bottles, which significantly reduce carbon emissions compared to traditional glass bottles. The company’s distinctive flat-pack bottle design optimises space efficiency in transport and storage, further reducing emissions across the supply chain. Currently made from 100% recycled PET (rPET), Packamama’s bottles support circularity and sustainability in the wine sector.

With the introduction of releaf^®, Packamama takes sustainable innovation in wine packaging to another level. Releaf^® offers a unique sustainability advantage: it is plant-based, recyclable, and delivers a significantly lower carbon footprint than traditional materials such as glass or conventional, virgin plastics. Beyond its environmental benefits, releaf^® provides superior barrier properties that protects wine quality, making it an ideal choice for premium, sustainable packaging.

To support this development, Packamama has secured an AU$1 million grant from the Australian government. This grant, which Avantium supported, was awarded under the Business Research and Innovation Initiative (BRII), provided to support Packamama’s efforts to decarbonize Australian wine packaging. This international recognition and governmental support underscore the growing global interest in sustainable wine packaging solutions.

“Packamama is delighted to partner with Avantium to bring the plant-based polymer releaf^® into our wine bottle solutions,” said Santiago Navarro, CEO & Founder at Packamama. “We have been searching for a material that meets our performance standards and sustainability requirements, and is made from plants. We believe that releaf^® offers a unique combination of high performance, environmental responsibility, and appealing consumer messaging.”

Bineke Posthumus, Commercial Director at Avantium, commented: “Packamama’s innovative approach to wine packaging and commitment to sustainability make them an ideal partner for Avantium. Their decision to test and adopt releaf^® is a strong endorsement of our material’s potential to transform to iconic, premium packaging applications. We look forward to working closely with Packamama to drive meaningful progress in sustainable packaging.”

About Packamama

Packamama is a climate tech company advancing wine packaging for a low-carbon future. Our multi award-winning, eco-flat bottles – made from our unique material mix of recycled PET and performance-enhancing additives – save space, weight and energy, slashing emissions by more than half compared to traditional glass bottles. They excite consumers, protect wine brilliantly, and are easy to recycle. But this is just the beginning. Built for a circular economy, Packamama is developing a broader portfolio of climate-friendly packaging innovations to help transform the wine industry. Through our IP-protected technologies and multinational production network – spanning the UK, Australia, Belgium, South Africa, and soon the US – we partner with forward-thinking producers and retailers to deliver practical, scalable solutions. At Packamama, we believe packaging can be a powerful force for good – and we’re here to prove it. 

More information: https://www.packamama.com

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Director Investor Relations
+31-625687714
ir@avantium.com