PlasCred Awarded $5 Million Grant from Emissions Reduction Alberta to Advance Neos Facility - Seite 3

The proposed Maximus facility is engineered to launch at 400 metric tonnes per day, approximately 2,000 barrels per day, and scale up to 2,000 tonnes per day, or 10,000 barrels per day condensate, through modular expansion. This co-location approach leverages existing enclosed infrastructure, CN integrated rail logistics, and shared site services, offering significant cost and execution advantages while anchoring Alberta as a hub for scalable, low carbon plastic circularity.

PlasCred is well positioned for sustainable, long-term growth through a combination of strategic site selection, integrated logistics, and secured revenue from industry partnerships. Its co-located infrastructure at CN's Scotford Yard enables scalable deployment while minimizing execution risk.

With support from the Alberta government through ERA, PlasCred is accelerating to commercial operations at Neos. This milestone highlights the strength of Alberta-developed technology and reinforces the province's leadership in advancing circular economy infrastructure. Neos represents a significant step forward in scaling clean, plastics-to-plastics innovation rooted in Alberta's industrial and innovation ecosystem.

About PlasCred Circular Innovations Inc.

PlasCred is at the forefront of rebalancing the future of plastics. The company is transforming plastic waste by granting it a valuable second life. With a vision of advancing towards a climate-positive future, PlasCred aspires to be among the largest advanced plastic waste recyclers in North America and globally. Their groundbreaking patent-pending technology is set to revolutionize the approach to plastic waste management and advanced recycling.

PlasCred also has strategic partnerships with CN Rail, Palantir Technologies Inc., the Government of Alberta, Fibreco Export Inc., and a Global Commodities Company. These collaborations provide PlasCred with world-class logistics, advanced operational intelligence, and stable long-term revenue, supporting its leadership in the global circular plastics economy.

For further information on PlasCred, visit our website at www.PlasCred.com.

ON BEHALF OF THE BOARD

Troy Lupul - President & CEO

Contact Information

For more information please contact:
PlasCred Circular Innovations Inc.
Troy Lupul
Email: [e-mail]

Forward-looking Statements

Forward-looking statements in this release include, but are not limited to: the timing and cost of constructing the Neos facility; projected operating performance, revenues, EBITDA, internal rate of return and payback period; expected greenhouse-gas reductions; the availability of financing, feedstock and regulatory approvals; and the Company's broader commercialization and expansion plans. Such statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, without limitation: construction and commissioning risks, cost overruns, supply-chain disruptions, operational performance at scale, feedstock pricing and availability, changes in commodity prices, regulatory or permitting delays, counter-party risk under offtake or financing agreements, and general economic conditions. A discussion of these and other factors that may affect future results is contained in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.