Aduro Clean Technologies Inc. (Aduro or the Company) announced the establishment of its European subsidiary Aduro Clean Technologies Europe BV (ACTE), based in Geleen, Netherlands. The formation of ACTE marks an important expansion of Aduro's international footprint, demonstrating the Company's dedication to its global growth strategy. ACTE will serve as Aduro's European hub and a conduit for achieving strategic goals in the region.

The Netherlands was selected due to the Company's robust regional relationships, including its successful partnerships with Brightlands Chemelot Campus (Brightlands) and Chemelot Innovation and Learning Labs (CHILL). ACTE will focus on advancing the Hydrochemolytic™ process for plastics upcycling (“HPU”) within the European market with the primary goal of constructing a future demonstration unit at the Brightlands site, showcasing the Company's patented HydrochemolyticTM platform technology for tackling hard-to-recycle mixed plastics, mainly those rejected from other processes such as mechanical recycling. The Company is engaging in partnership discussions with local stakeholders on the project.

A Europe-based subsidiary aligns with Aduro's strategic business plan, which outlines the expansion into key international markets. In line with this vision, Aduro plans to progress on the following objectives once preliminary data from the pilot-scale HydrochemolyticTM continuous flow plastic unit are available, and a local team is onboarded. Establish dynamic engagement with Europe-based stakeholders to facilitate robust partnerships, stimulate customer engagement, and propel corporate development.

Build a consortium of local partners to support the buildout of regional demonstration unit and accelerate the commercialization of HPU. Leverage local and European government grants, to support the demonstration and commercialization of patented technology. Form alliances with local service providers, including engineering companies, feedstock suppliers, and offtake vendors.

Aduro has already initiated the process of assembling the European team and is in advanced discussions to bring on board key personnel. The European team is expected to have a significant impact on the implementation of the Company's strategy in Europe and globally, aligning with its business plan of becoming a global leader in the sustainable transformation of waste plastics, heavy bitumen, and renewable oils.