Gerard Sweeney

Marvin Wolff

Jonathan Norwood

Nicholas Boychuk

Varyk Kutnick

Brandon Rogers

- Loop Industries, Inc. entered into a **Securityholders Agreement** with Reed Circular Economy (RCE) on **September 23, 2025**, to establish the framework for the **Infinite Loop Europe SAS (JV)**, a European joint venture.  **[1504678_0001437749-25-030024_loop20250929c_8k.htm:1]** 
- The JV's purpose is the non-exclusive development, financing, construction, ownership, operation, and commercialization of chemical upcycling plants and related products using Loop's technology within Europe.  **[1504678_0001437749-25-030024_loop20250929c_8k.htm:1]** 
- **RCE and Loop hold interests in the JV on a 90/10 basis**, respectively.  **[1504678_0001437749-25-030024_loop20250929c_8k.htm:1]** 
- **RCE provided the JV with a €10 million shareholder loan** to fund the first royalty tranche under the License Agreement, accruing **11.9% payment-in-kind interest per annum** and maturing on **December 27, 2027**.  **[1504678_0001437749-25-030024_loop20250929c_8k.htm:1]** 
- The JV's Board of Directors is composed of **four directors, with Loop entitled to nominate one and RCE nominating the remainder**.  **[1504678_0001437749-25-030024_loop20250929c_8k.htm:1]**

Loop Industries Enters into Securityholders Agreement for European Joint Venture

- **Loop Industries, Inc.** (LOOP) entered into a **multi-year off-take agreement** on **September 1, 2025**, with affiliates of a **leading sports apparel company**.  **[1504678_0001437749-25-029350_loop20250917_8k.htm:1]** 
- Under the terms, Loop will supply agreed minimum volumes of **"Twist" circular polyester resin**, made entirely from **textile waste**, at an agreed price.  **[1504678_0001437749-25-029350_loop20250917_8k.htm:1]** 
- The supply of the resin is contingent upon the company's planned **Infinite Loop™ India facility becoming operational**.  **[1504678_0001437749-25-029350_loop20250917_8k.htm:1]**

Loop Industries (LOOP)