Slides
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PYRUM INNOVATIONS AG TITEL PYRUM INNOVATIONS AG 01.01.2026
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PYRUM INNOVATIONS AG 1. COMPANY 2. PARTNERS AND CUSTOMERS 3. FINANCE 4.HIGHLIGHTS AND OUTLOOK Earnings Call September 23, 2026
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PYRUM INNOVATIONS AG From Tire Recycler to Supplier of Critical Raw Materials Improved Recognition of “PYRUM” September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG 1. COMPANY PYRUM INNOVATIONS AG September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG Worldwide annual volume of end-of-life tires: 30.9 million tons Market size: 22.5 billion EUR/Year European annual volume of end-of-life tires: 3.6 million tons Market size : 2.5 billion EUR/Year German annual volume of end-of-life tires: 550 thousand tons Market size : 441 Million EUR/Year Based on 100 EUR/ton Gatefee, 250 EUR/ton Steel, 550 EUR/ton TTO and 1,200 EUR/ton TTB END-OF-LIFE-TYRES MARKET September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG Export ban of ELTs in non-OECD countries since May 21, 2026 Ban of rubber granules on sport- and playgrounds from 2031 Pyrum is visible for the first time in 2025 Pyrum model recognized in the ELVR Regulation= Secondary Raw Materials definition Based on Data from WDK, November 2025. Percentage rounded up to the next 0.5% DISPOSAL MIX OF END-OF-LIFE-TIRES Burning 17% - was 35% Pyrum 2% Granules 35% Unknown 23% Export 23% - was 10% Granules 10% Burning 2% Export 2% 2025 2030 September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG PATENTED TECHNOLOGY September 23, 2026 In Daily Operation Produces high-quality products Has reached the planed capacity Can reached the planed capacity (Plan B) Earnings Call
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PYRUM INNOVATIONS AG DILLINGEN PLANT NEWS 1. Shredding Unit runs very well! • Shaft replacement on both Shredders completed; Spare shaft now in Stock (enabling a quick replacement if required) • Rubber granulate stock sufficient for more than 20 production days • Current YTD volume: just under 8,000 tonnes of end-of-life tyres processed in 2026 (approx. 1.6% of the German market) Flattening due to wear. annual maintenance overdue. Maintenance increase from 2 to 4 weeks due to hidden defects and missing Again parallel with plan. Gap of approx. 1 kT difficult to close by 2026 Crash, no spare shaft in stock Planing for 2026 Spare shafts and rubber granules storage are the solution September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG DILLINGEN PLANT NEWS Longer maintenance due to isolation improvements and other modification 2. Both reactors and power plant are running well • Reactor insulation has been optimized • Temperatures have been reduced to achieve higher and more stable rCB quality • Positive indications so far: − Reduced or no wear in the TCU conveying system − Higher oil yield September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG DILLINGEN PLANT NEWS 3. Conclusion of the Annual Maintenance and modifications • Annual maintenance shutdown took place in July/August • Modifications work was carried out on the reactor • Effects on the overall process: − Increase in oil yield from approx. 25% to approx. 40% (+60%) → Since 09.2026 : up to 4 oil deliveries per week − Reduction in gas yield by approx. 8% − Reduction in rCB yield by approx. 2–5% − Reduction in reactor temperatures = lower energy consumption − Reduced wear in the TCU conveying systems More stable quality Lower Temperature = less Energie Before Summer Maintenance After Summer Maintenance September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG DILLINGEN PLANT NEWS 4. Mill- and Pelletizer Unit (MAD) • Supplier has conducted the 3rd improvement on the mill- and pelletizer line in Dillingen (still ongoing) • Pyrum is customer, we can only support our supplier with manpower (very unpleasant situation) → According to the contract the plant should process 1,650 kg TTB Input per hour What we know for sure today: − The mill is able to process stable up to 2,000 kg/h => Very stable, no mayor technical issues − The pelletizer is able to run at up to 1,650 kg/h − The dosing system between mill and pelletizer is still the issue but has significantly improved! Phases Duration Modification Accomplished Result of expected result 1 01.-04. 2026 Settings on the software. Minor Modifications on the dosing unit Introduction of vacuum tubes into the dosing system Stable operation at 750kg/h 2 05.-06. 2026 2 shift production from Monday to Friday at 750 kg/h Several hundred tons of rCB produced 3 07.-08. 2026 First big modification. Change of Transportation System between Mill- and Pelletizer Modifications took a little longer then expected but all works were accomplished 4 09.2026 2 shift operation with Supplier to increase capacity. Planning to end 01.10.2026 Best capactiy yet = 1,250 kg/h 5 10.- … 2026 3 shift production at highest capacity => +50% uptime Capacities under 1,600 kg/h will be compensated by longer production time 6 12.2026 Second Dosing unit and storage tank were already ordered in May 2026 -> Delivery in 11.2026 This would clearly double the Dosing speed! September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG DILLINGEN PLANT NEWS 4. Mill- and Pelletizer Unit (MAD) = > Solutions Solution 1: Stop Plan C Stop Modification, process as much rCB per Hour as possible starting 01.10.26 Solution 2: PLAN B Pyrum was able to receive, in August 2026, the permit to operate MAD2 in 24/6 Operation => + 50% production time per week Best Way to catch up us much revenue as possible in 2026 PLAN Hourly capacity (Input) Hourly capacity (Output) Nbr. of Shifts Realistic production hours per day Daily TTB production A 1,600 kg/h 1,350 kg/h 2 14 19 tons New A 1,600 kg/h 1,350 Kg/h 3 20 27 tons B 1,250 kg/h 1,000 kg/h 3 20 20 tons C 750 kg/h 600 kg/h 2 12 7 tons Solution 3: PLAN NEW A If we reach the contractual 1,600 kg/h and if we are able to keep the three-shift permit, we could catch up a lot in 2027 Very close Why did Pyrum correct it‘s prognosis even though Plan A and Plan B are very close? 1. The chance to be under our prognosis are too high 2. We have the permit to operate 24/6 for 2 months => We aim to have this extended, but this has not yet been confirmed 3. A three-shift model needs more staff, building up the staff takes a little while but we are confident 4. A three-shift model has more OPEX costs as the plant runs 24h instead of 16h for the same quantity September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG 2. PARTNERS AND CUSTOMERS PYRUM INNOVATIONS AG September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG PROJECTS In Pipeline Started projects > 20 10 Joint Ventures 2 6 Permitting in progress 4 Business numbers of started projects Recycling volume: 220,000 tons/year % of EU ELT market: 6.4 Investment volume: > EUR 600 million TTO volume: 45,000 tons/year TTB volume: 55,000 tons/year Permits granted 3 Number of countries September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG PROJECT PROGRESS Development Check feasibility Planning Planning and Design Execution Implementation Closing Operation Current Project Status Sales Contract signed, Foundation work stared Final offer as of the end of August 2026 Final round of financing with the Saarland Engineering contract signed New Start for Engineering 24 million EUR grant secured PYRUM GFII Perl/Besch Started In progress Completed September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG WHAT HAPPENS TO OUR THERMOTIREOIL® NEW: Synthetic rubber September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG WHAT HAPPENS TO OUR THERMOTIREBLACK® NEW: TYRE-TO-TYRE Initiative with Pirelli September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG 3. FINANCE September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG REVENUE GROWTH 37.6% increase Increased revenue through expanded plant operations 708 1,267 1,743 H1 2024 H1 2025 H1 2026 IN TSD EUR +37.6% September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG TOTAL OUTPUT A 43.6% decline Total revenue has decreased, primarily due to lower other own work capitalized 4,536 6,712 3,787 H1 2024 H1 2025 H1 2026 -43.6% IN TSD EUR September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG EXPENSES FOR MATERIALS A 70.1% decline The decline corresponds to the low level of other own work capitalized 3,728 5,625 1,678 H1 2024 H1 2025 H1 2026 -70.1% IN TSD EUR September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG PERSONNEL EXPENSES 10.6% increase Increase due to growing personnel requirements for capacity expansion Employees H1: 2025: 93 2026: 100 3,176 3,558 3,935 H1 2024 H1 2025 H1 2026 +10.6% IN TSD EUR September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG EBITDA adjusted At the previous year's level -3,714 -4,369 -4,358 H1 2024 H1 2025 H1 2026 +0.25% IN TSD EUR EBITDA adjusted : Due to investment grants in 2025 (2,011) September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG EBIT adjusted A 5.8% decline EBIT for 2026 is expected to range between -10.0 and 12.5 million euros. -4,820 -5,954 -6,297 H1 2024 H1 2025 H1 2026 -5.8% IN TSD EUR EBITDA adjusted : Due to investment grants in 2025 (2,011) September 23, 2026Earnings Call
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FORECAST EUR 4.2 to EUR 5.3 million Revenue for 2026. Currently projected at EUR 6.5 to EUR 9.5 million. Total output for the year 2026. Currently projected at EUR 12.0 to EUR 18.0 million. EBIT for 2026: Currently projected at EUR -8.0 to EUR -10.5 million. PYRUM INNOVATIONS AG EUR 11.0 to EUR 14.0 million EUR -10,0 to EUR -12,5 million Adjustment made due to unplanned developments with the new milling and pelletizing plant September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG 4. HIGHLIGHTS AND OUTLOOK September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG First project of its kind with TRL 9/9 approval → New projects are bankable = Confirmed by Royal Haskoning DHV Manufacturer of new raw materials for industry Pyrum reactor‘s autonomous power supply via its own Power Plant Qualitative verification of product quality through recognized certifications: REACH, ISO9001, ISO 14001, VDA 6.3, ISCC+, ISCC EU, RCS Fraunhofer LCA Study confirms a reduction of 965 kg/CO2 per metric ton Long-term purchase agreements with renewed companies Funding for collaborative projects in Europe Greece EUR 29.4 million (EIF); Sweden EUR 24.0 million (EPA) WHERE WE ARE September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG NEXT STEPS FINANCE INCREASE IN TTB VOLUMES EXPANSION POLITICAL RELEVANCE Bank meetings regarding the financing of a larger portfolio Finalization of project financing for Perl Structuring strategic financing options Continuous increase in rCB volumes Completion of MAD2 Commissioning End Construction of the plant in the Czech Republic The purchase agreement for the plant in Greece is expected to be finalized in 2026 Secure Funding for the Pyrum Plant 2 in Perl- Besch Raising political awareness of Pyrum Circular Economy Act Waste Shipment Regulation September 23, 2026Earnings Call
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PYRUM INNOVATIONS AG THANK YOU VERY MUCH FOR YOUR ATTENTION! Questions or comments? We look forward to hearing from you. September 23, 2026Earnings Call