The Company’s appointment of a FEED engineer represents significant progress as it embarks on Phase 2 of Abundia’s planned development at its Baytown site. This site will serve as its US operating headquarters, its Innovation Center and R&D facility, and as the core technology development hub for its waste-plastics-to-renewable chemicals and fuels operations. With the selection of its FEED engineer, Abundia is confident it will execute on plan to achieve its target Final Investment Decision (FID) by the end of 2026.