This past Friday, January 17, we at Aduro proudly took center stage at Nasdaq, ringing the iconic Closing Bell. This event marks a significant milestone for us as we celebrate our uplisting to Nasdaq in November 2024 and set our sights on a groundbreaking year in 2025. Our entire team was present at the ceremony, standing together to acknowledge our remarkable journey and the exciting future that lies ahead.

While the bell may have signaled the close of trading for the day, for us, it represented the opening of a new chapter—one filled with innovation, growth, and game-changing advancements in the field of chemical technologies that drive sustainability and circularity.

Reflecting on a transformative 2024

Our path to the Nasdaq has been paved with milestones and achievements that demonstrate our commitment to our road to commercialization. In 2024 alone, we:

• Successfully uplisted to Nasdaq, marking a new level of visibility and credibility in the global market.

• Filed a new patent to strengthen our intellectual property portfolio and reinforce our leadership in advanced chemical recycling technology.

• Completed two oversubscribed private placements, showcasing the confidence investors have in our technology platform and its potential.

• Engaged leading firm Zeton to design our first pilot plant—a key step in commercializing our patented Hydrochemolytic™ Technology.

These accomplishments have laid the groundwork for what promises to be a transformative year ahead. As we step into 2025, we are energized by a vision of growth, innovation, and collaboration, as we shared in a recent statement. This year we are focusing on our drive towards commercialization, expanding partnerships, and setting new benchmarks in sustainability and advanced chemical recycling technology.

A milestone event: The Closing Bell ceremony

The Nasdaq Closing Bell ceremony on that Friday was more than just a symbolic gesture—it was a moment to celebrate the collective effort that has propelled us to this stage. Our CEO, Ofer Vicus, joined by the leadership team, employees, families, and friends stood at the podium, visibly humbled and proud of the progress we’ve made and optimistic about the road ahead. It was a testament to the dedication and resilience of our team, and the unwavering support of our investors, partners, families, and community.

Looking ahead: 2025 and beyond

As we reflect on our accomplishments, our eyes are firmly fixed on the future. Our primary focus in 2025 is to advance our patented Hydrochemolytic™ Technology—a revolutionary process that converts plastic waste and other challenging feedstocks into valuable resources. Key initiatives include:

• Building the first pilot plant: We will construct our first pilot plant in 2025, a critical step towards scaling our technology and demonstrating its commercial viability.

• Expanding partnerships: Collaboration remains at the heart of our strategy. By forging new partnerships and strengthening existing ones, we aim to accelerate the adoption of our innovative solutions.

• Driving innovation: Our research and development efforts will continue to push boundaries, setting new standards for sustainability and efficiency in advanced recycling technologies.

Our leadership team has also been bolstered by the recent addition of Dr. Arturo Gomez as Vice President of Engineering. Dr. Gomez brings a wealth of expertise and will play a pivotal role in leading us through our next phase of growth. His appointment underscores our commitment to building a strong foundation for commercialization and long-term success.

As 2025 unfolds, we are prepared to make significant strides in our mission to create a more sustainable future. With the Closing Bell ceremony serving as both a capstone to past achievements and a springboard for future endeavors, we are ready to embrace the opportunities and challenges ahead.

The Nasdaq Closing Bell on January 17 may have marked the end of a trading day, but for us, it signifies the beginning of an exciting new chapter. With a strong foundation, a clear vision, and an unwavering commitment to innovation, 2025 is set to be a year of milestones for Aduro, impacting the future of sustainable chemical technologies.

Forward-Looking Statements Disclaimer

This blog contains forward-looking statements, which are subject to risks and uncertainties. These statements are based on current expectations, estimates, and projections about the industry and markets in which Aduro Clean Technologies Inc. operates, as well as management’s beliefs and assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described below and other risks and uncertainties detailed in our filings with regulatory authorities. Forward-looking statements in this blog post include, but are not limited to, our plans for a groundbreaking year in 2025, including our plan to drive towards commercialization, expanding partnerships, and setting new benchmarks in sustainability and advanced chemical recycling technology; our focus on advancing our patented Hydrochemolytic™ Technology; our plans to construct our first pilot plant in 2025, a critical step towards scaling our technology and demonstrating its commercial viability; our plan to forge new partnerships and strengthen existing ones, with the goal of accelerating the adoption of our innovative solutions; our plans to continue our research and development efforts to push boundaries, setting new standards for sustainability and efficiency in advanced recycling technologies; and our plan to make significant strides in our mission to create a more sustainable future.

Factors that could cause actual results to differ materially include, but are not limited to, our ability to successfully develop and commercialize our Hydrochemolytic™ Technology, the timing and success of our pilot plant and subsequent commercial demonstration plant, market acceptance of our technology, regulatory changes, and other risks detailed in our filings with securities regulators. In addition, we are subject to various other risks, including, but not limited to, our ability to successfully commercialize our technology, which depends on various factors, including the construction and operational success of our pilot plant, market acceptance, and regulatory approvals. Any delays or failures in these areas could adversely affect our business. While we have filed patents to protect our technology, there is no guarantee that these patents will provide adequate protection against competitors. Additionally, we may face challenges in defending our intellectual property rights. Our financial performance is subject to risks related to market conditions, investor confidence, and our ability to secure additional funding. Any adverse changes in these areas could impact our financial stability and growth prospects. Our strategy relies heavily on partnerships and collaborations. The success of these relationships is uncertain and may be affected by factors beyond our control, such as changes in partner priorities or financial health. The development and commercialization of our technology are subject to extensive regulatory requirements. Any changes in regulations or failure to comply with existing regulations could delay or prevent the successful commercialization of our products. The market for advanced chemical recycling technology is highly competitive. We face competition from both established companies and new entrants. Our ability to compete effectively will depend on our ability to innovate and respond to market changes.

Investors and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this blog. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.