Aduro Clean Technologies Reports Third Quarter 2024 Financial Results - Seite 2

Strategic Board Appointment: Aduro welcomed Marie Grönborg to its Board of Directors, a seasoned leader with a robust background in sustainable technology. With 30 years of global experience, Ms. Grönborg significantly enhances the diversity and expertise of Aduro's governance structure. Her vast experience as a chemical engineer and former executive in clean-tech industries aligns perfectly with Aduro’s strategic focus on innovation and environmental sustainability. Ms. Grönborg has been a great addition to the board and her leadership is expected to continue to have a profound impact on Aduro’s strategic direction, and in fortifying the Company's position at the forefront of clean technology.

Expansion of Customer Engagement: Building on earlier positive technical evaluation results achieved in the second quarter, a leading Petrochemical Company and confidential participant in the Company’s Customer Engagement Program (CEP) expanded its initial project scope with Aduro. The additional testing included a more diverse range of waste plastic materials, specifically targeting those with higher concentrations of PET, polyurethane, metals, and other challenging contaminants. The decision to expand the initial testing scope highlights the growing interest in our Hydrochemolytic technology and the confidence our partners have in the capabilities the Company and its technology platform offer.

Conference Participation: Throughout the third quarter, Aduro actively participated in significant industry events, including the 10th Annual CEM AlphaNorth Capital Event. These events served as excellent platforms for Aduro to highlight its technological advancements, engage with potential investors and partners, and facilitate discussions that are expected to contribute to future collaborations and innovations.

Market Engagement: Aduro's innovative solutions were prominently featured in the Viewpoint with Dennis Quaid documentary series, significantly elevating the profile of its sustainable technologies across a broad audience. The feature was broadcast on over 170 U.S. stations and included a commercial segment aired nationally on the Fox Business Network, showcasing Aduro's commitment to addressing critical environmental challenges through advanced chemical recycling technologies.