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Aduro Clean Technology Inc.

CSE:ACTLive AI agent

Between lower value and higher value.

Investor website: https://investors.adurocleantech.com/overview/default.aspx

About

Between lower value and higher value. Between what is waste, and what is valuable. Between Sustainable transitions powered by chemistry At Aduro Clean Technologies we are in the business of between. Between what is difficult and what is possible. Between what is waste and what is valuable. Between is where everything we do happens. It's where our technology platform thrives. Our technologies have the potential to make more plastics recyclable, heavy oils more environmentally sustainable, and renewable fuels more cost-effective. And we are just getting started. Between modern life and wildlife, there is Aduro. Our vision is to enable harmonization of economic progress with environmental stewardship through the transformative power of chemistry so that both humanity and nature can prosper. Our life today Designed materials and technologies continue to shape our world. The results are wonderful. A digitally connected world, food and energy security, and state-of-the-art medical devices. The dilemma we face is in keeping up with the demands of our modern life and meeting the ongoing need for environmental stewardship Bringing harmony to modern life Yet, across the world and the recent decades, individuals and nations have become more environmentally aware. That awareness brings the understanding that modern life must consider all life, including that in the natural environment. More than a feature of modern life, technology is at its foundation. Technological advancement allows us to move beyond choosing between the needs of human society and the environment. Beyond either/or in which nature is an afterthought. Technology overcomes such limited thinking, offering possibilities to improve both our lives and our care of the environment. That's the inspiration for Aduro Clean Technologies. It powers our research. We look deep, broad, and, most importantly, between. There, we explore possibilities and deliver solutions for the good of both humanity and nature. One technology platform, a multitude of uses At the heart of this technology platform is its flexibility. Our repertoire of technologies can chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. And that’s just the beginning. As we explore the platform with our partners, new and innovative uses continue to reveal themselves. With Aduro Clean Technologies we don't have to choose between the benefits of modern life and an environmentally regenerative future. It’s the between that transforms things. And it can help change the world. Hydrochemolytic™ is an Aduro chemical technology that works with water to deconstruct robust molecules in plastics and heavy oil to smaller ones with better properties. A unique technology We build our solutions on a platform of innovative chemical technologies. The one that powers our capability to upgrade bitumen and upcycle plastics is Hydrochemolytic Technology, HCT. It is a unique, patented way to chemically persuade big, stubborn molecules in bitumen and plastics to undergo transformation into smaller ones, which are more cooperative as feedstocks for fuels and chemicals. HydrochemolyticTM works with water to make big, stubborn molecules smaller and more useful. Making big molecules small Some technologies do this by force, applying heat as a hammer that breaks the molecules apart, a technique known as cracking. Compounding the drawback of high energy is the complex mixture of molecular pieces caused by uncontrolled breakage. HCT is different. Simple, inexpensive metal compounds combined with the feedstock work like scissors applied selectively to cut bonds between carbon atoms. And at the lower temperatures used, heat is like a hand that holds and operates the scissors. This beneficially reduces energy costs and carbon emissions while improving product yields. And the controlled deconstruction of large molecules – polymers in plastics and asphaltenes in bitumen – permits better control of product quality. Taming the reactive, small fragments But having solved one problem, we face another. A fact in chemistry is that when the bond between two carbon atoms is broken, each becomes highly reactive and seeks to make new bonds. Whether caused by a hammer blow or cutting with scissors, this is a big problem. Those reactive carbons need to be quenched (stabilized). Conventional petroleum processing does this using specially designed catalysts to add hydrogen gas (H2). But besides its cost and complexity, this approach emits carbon from fossil fuels consumed to generate the H2 by a process called reforming. A distinctive feature of our HCT is stabilization achieved by adding a renewable H-source to the process. Materials like methanol, ethanol, glycerol, and even cellulose undergo reactions to give a result as if hydrogen were added – yet without the expensive catalyst, complicated process, and consumption of fossil fuels. Unique technologies from visionary scientists. This pairing of catalytic deconstruction of large molecules with stabilization by a renewable Hsource is unique. And it’s patented. It makes HCT efficient, cost-effective, and environmentally advantaged while generating useful products whose yields and quality are also advantaged compared with alternative, established approaches. But HCT is only one technology. It’s just the beginning. With breadth and depth of knowledge energized by imagination and passion for the betterment of the planet and its people, Aduro scientist-engineers actively ideate to create new technologies. Hydrochemolytic Technology is the new, greener way to unlock the value of waste plastics and heavy oils. But it’s more than that. It inspires us, and others, to see beyond what is in front of us. Between one technology platform and a multitude of uses, there is Aduro. Our technology platform is flexible. It efficiently and cost-effectively transforms end-of-life plastics and viscous bitumen into higher value materials. Market applications Our technology platform transforms waste plastics into 21st-century resources for the circular economy that recovers, regenerates, and reuses materials rather than discard them. It upgrades heavy crude, reducing its density and its viscosity to increase its value while minimizing environmental effects. It can even remove oxygen in renewable oils to make them more valuable and useful. Our technology platform means we don’t have to choose between the benefits of modern life and an environmentally sustainable future. Upgrading Bitumen Lighter crude from bitumen & heavy crude Pilot Program Upcycling Plastics Chemicals & fuels from plastic waste Pilot Program Upgrading Renewables Green fuels & chemicals from renewable oils Advanced Research Pilot Program We aspire to create a prosperous world that recovers and uses existing resources responsibly and reduces resource demands through regeneration, all with as little environmental impact as possible. Advanced Research Research fueled by knowledge, imagination, and curiosity is how we discovered and developed our current technology and are extending its reach. It’s how we’re expanding our technology platform and turning ideas into new solutions, a process we’re accelerating with our new state-of-the-art laboratory and growing team of scientist-engineers. Competitive Advantage Our research sets us apart and positions us in the market. It gives us the competitive edge to do everything we do more efficiently, more sustainably, offering better results with reduced environmental impact. Upgrading bitumen sustainably and economically. Compared to upgrading options currently available to producers, the application of Aduro HydrochemolyticTM Technology to bitumen provides environmental and competitive advantages due to lower emissions and resource demands. Icon A small blue flame icon Hydrochemolytic™ Bitumen Upgrading Imagine a more viable and economical approach for processing bitumen. Our technology can help build a more sustainable future. Alberta has been leading technological advancements related to the partial upgrading of bitumen since 2008. Our vision is for Canadian bitumen and heavy oil to be purchased and valued globally as cost-competitive and environmentally attractive. - Bryan Helfenbaum, Executive Director Advanced Hydrocarbons, Alberta Innovates Improving the quality and value at reduced cost Bitumen and heavy oil have high density and viscosity due to “heavy” components in them. For instance, elevated levels of asphaltenes in Alberta bitumen make it extremely dense and thick compared with light crudes. This precludes as-is transport by pipeline, leaving bitumen producers with two choices. One involves transforming bitumen into a light “synthetic crude” in complex operations that are capex- and energy-intensive. The other simply thins down the bitumen by dilution with expensive light hydrocarbons produced from lighter petroleum or natural gas. Hydrochemolytic Technology (HCT) improves the quality and value of bitumen to greatly reduce requirement for diluent so that producers can keep more money in their pockets and emissions out of the atmosphere. HCT efficiently deconstructs the heavy components into lighter molecules. It does so without relying on common technique of cracking at elevated temperatures, nor is it a hydrothermal approach or one that uses supercritical water. Instead, HCT involves chemical conversion. It works with water at lower temperatures through chemical reactions that selectively cut components like heavy asphaltenes into smaller pieces and then stabilize them. This lowers viscosity and density to reduce or eliminate the requirement for dilution. Beyond that, HCT-upgraded bitumen also has lower values for sulfur, metals, and acid number. Metals recovered through HCT-based upgrading, which include nickel and vanadium, potentially may generate additional revenue as high-value commodities for diverse applications including power-grid energy storage batteries. Environmental and competitive advantages An essential step in all bitumen upgrading, excluding the dilution approach, is stabilization of the lighter products produced. Instead of relying on hydrogen, H2, whose generation from fossil fuels results in carbon emissions, HCT uses an H-source that is renewable. Examples are ethanol, glycerol, and cellulose, which undergo reactions that have the benefit of H2 without consumption of fossil fuels. Moreover, the relatively low operating temperatures reduce energy requirement and associated carbon emissions. It is the future of bitumen extracted from oil sands in Alberta and can also be applied to upgrade bottom-of-the-barrel bitumen from vacuum distillation units found in refineries around the world. Upcycling waste plastic into 21st-century resources. We have developed a chemical platform that transforms low-value materials into higher-value materials with the aim of unlocking significant environmental and economic benefit. Icon A orange cyclical icon with two round arrows around a point Hydrochemolytic™ Plastic Upcycling Imagine a world without plastic pollution. Our technology can help build a cleaner future. Today, HCT is at the core of Aduro efforts in value regeneration from waste plastics. The power and importance of HCT is that it takes direct aim at PE, PP, and PS that, according to the United States EPA, represent over 70% of plastics in municipal solid waste streams. And no other technology can! - Marc Trygstad, CTO, Aduro Clean Technologies Turning waste plastic into 21st-century resources We transform waste plastics into 21st-century resources for the circular economy that recovers, regenerates, and reuses materials rather than discard them. Our patented Hydrochemolytic Technology can process a wider range of plastic that would otherwise end up in landfills or be incinerated, thereby regenerating higher volumes of waste plastics. The application of HCT to waste polyethylene (PE) and polypropylene (PP) can generate high-quality feed for naphtha crackers that produce starting materials for platform chemicals and more plastics. Polystyrene (PS), which is problematic for some chemical recycling technologies, also can be converted to valuable chemicals that include the starting material used to make PS. All of this reduces the demand for plastics produced from petroleum and carbon emissions from incineration of plastics. Unlocking potential from plastic pollution Plastics are diverse and their uses are beneficial. They are fantastic materials, indispensable to modern life. However, plastic waste is a growing global issue. Mechanical recycling can reuse only a small fraction of this waste as-is (like aluminum cans). A significant chunk of this waste, such as mixed plastic waste and contaminated packaging films, cannot be recycled mechanically and is either incinerated or discarded in the environment. Our regenerative chemical recycling technology picks up where mechanical recycling leaves off. It can convert difficult-to-recycle plastic waste into useful platform chemicals, feedstocks for the production of more plastics in a circular regime, and transportation fuels. Value regeneration from waste plastics Today, HCT is at the core of Aduro efforts in value regeneration from waste plastics. The power and importance of HCT is that it takes direct aim at the plastics that, according to the United States EPA, represent over 70% of plastics in municipal solid waste streams. Those plastics are PE, PP, and PS. No other technology can deal with all three and with the contaminants that come along in recovered waste plastics. But Aduro scientists are not content to stop there. They are working hard to expand the company’s technology platform to make better products and regenerate ever-higher amounts of waste plastic. Application of HCT to waste plastics has important advantages over chemical recycling alternatives. The regenerative chemistry innovation and its lower operating temperatures translate into lower emissions, higher purity products, and higher yields of useful hydrocarbon products from difficult-to-recycle plastics like foam cups and food packaging. And scalability means economies of scale do not limit its viability for deployment in remote localities with low volumes of plastic waste. Upgrading renewable oils to green fuels and chemicals. Our technology empowers a transition to clean energy. We transform renewable oils into valuable feedstocks for diesel and sustainable aviation fuel, and even for specialty chemicals. This diminishes the demand for petroleum and supports the drive to carbon neutrality. Icon A orange cyclical icon with two round arrows around a point Hydrochemolytic™ Renewables Upgrading Imagine the next generation in bio-fuels and specialty chemicals. Our technology can help build a greener future. Total global biofuel demand expands 20% over 2022-2027 in the main-case forecast. Growth in renewable diesel and biojet fuel consumption is almost entirely in advanced economies. Here, policies designed to reduce GHG emissions are driving demand because these fuels can be produced with low GHG emissions, blended at high levels and made from wastes and residues. In fact, nearly 70% of renewable diesel and biojet fuel came from wastes and residues in 2021. - International Energy Agency, Analysis Renewables 2022 Supporting the clean energy transition with chemicals The seeds or fruit of plants are the most important source of renewable oil. Some is recovered as a byproduct from conversion of corn to ethanol used in fuel. Other sources include oil extracted from non-food seed crops grown on marginal lands and off-spec canola and soybean oils. Still others include cooking oil, oil from grease traps in restaurants, and tallow from meat rendering. Unlocking the hydrocarbon content of these “surface oils” offers the possibility to reduce the demand for “below surface” crude oil (petroleum). But that is not easy because of the way oxygen is bound up in renewable oils. Removing that oxygen is necessary to maximize their usefulness as feedstocks for chemicals and fuels. The challenge is to do quickly what happened in the geological time frames that eliminated oxygen from petroleum. And that’s exactly what Aduro scientists figured out how to do. Chemical reactions that selectively eliminate oxygen from renewable oils produce high purity hydrocarbons that can serve as feedstocks for fuels and chemicals normally produced from petroleum. The process can be configured for stand- alone operation or integrated with existing biofuel operations to increase their efficiency. Inspiring others to inspire us. Between is everywhere we are. Together with our partners, we are doing our part to transform the world around us. A common journey We believe that collaboration is key to bringing our technology platform to market quickly and efficiently. To that end, we engage in detailed discussions with potential users of our technology and ascertain how to best meet their needs. This is part of our flexible and collaborative engagement program, which gives us an in-depth understanding of the expectations of the market and our customers. It also provides us the opportunity to evaluate the feedstocks available and showcase the application of HCT to our customers first-hand. We look forward to setting up more partnerships in our journey toward commercialization and addressing some of today’s critical challenges through our novel technologies. Partner engagements With funding and technical support from the Shell GameChanger program – an industry-leading accelerator program that supports innovative solutions with the potential to impact the future of energy – Aduro is focusing on accelerating the commercialization of its technology. + Our collaboration with TotalEnergies aims to generate valuable data that will accelerate the Aduro technology development and scale-up and facilitate the potential integration of Hydrochemolytic™ Technology into refining and petrochemical platforms. + Research engagements Partners on a joint research project, Aduro and the University of Western Ontario are focusing on evaluating the effects of intrinsic and extrinsic contaminants present in plastic feedstock on HydrochemolyticTM Technology under varying conditions to maximize output, quality, and yield and to improve pre- and post-processing techniques. + Extending its association with Brightlands Chemelot Campus, Aduro has set up a Platinum Partnership with Chemelot Innovation and Learning Labs (CHILL). With this collaboration, Aduro will provide financial support to CHILL and gain access to skilled researchers and specialized equipment to accelerate its development of breakthrough chemical recycling solutions. + Since 2021, Aduro has been a part of the Chemelot Circular Hub – an industry innovation ecosystem – at the Brightlands Chemelot Campus. Our technology, which offers an innovative recycling route for bringing plastics into the circular economy, fits well with the key focus areas at Brightlands. In addition to providing support for building the pilot plant, Brightlands also facilitated relationships with supply chain and funding partners, which culminated in the set-up of Aduro’s European subsidiary in the Netherlands. + Memberships & associations pac global ciac | acic OCTIA ontario clean technology industry association CUWP Canada Plastics Pact Canadian Heavy Oil Association APRA Alberta Plastics Recycling Association Waste to Resource Ontario Generate Canada Renewable Carbon Initiative Polystyrene Recycyling As the world attempts to balance sustainability and profitability, Aduro is comfortably between. The Aduro technology platform is a multi-patented IP with extensive growth opportunities. The combined value for our current addressable market is more than $200B globally. Aduro is poised to realize the potential of making even more plastics recyclable, more heavy oils environmentally sustainable, and more renewable fuels cost-effective. Our shareholders make it possible. Why Invest heart +$250B current total addressable market plastic waste recycling $120B advanced chemical recycling of plastic waste heart $50B partial upgrading of heavy crude oils renewables $121B converting renewable oils to sustainable fuels and chemicals As our partners explore the possibilities of our technology platform, they in turn inspire us to look further and deeper, to find new ways of employing our chemistry. Between internal inspiration and external expertise, there is transformation towards a better future Our employees are our greatest assets, driving value creation and success. We’re not just a company – we’re a team of passionate innovators, scientists, and operational professionals united by a common goal: to push the boundaries of what’s possible and create transformative solutions that positively impact the world. Our Values Safety The safety of our team is our number one priority. Innovation & Imagination We embrace creativity, curiosity, and bold thinking; we encourage asking questions and seeking answers. Passion Our unwavering enthusiasm for our work fuels our determination to overcome challenges and achieve extraordinary results. Collaboration We believe true innovation arises from the synergy of diverse perspectives; we believe in cross pollination where Operations, Research & Development, and Marketing work hand-in-hand to bring out the best of each team member while driving discipline to translate innovations into scalable, efficient processes. Scientific Excellence We are committed to rigorous scientific and operational inquiry, adhering to the highest standards of research integrity and ethical conduct. Respect We foster an inclusive environment where every voice is heard and valued. Trevor Morris Operations Manager "Being promoted into the role of Operations Manager has given me a chance to expand my skill set and experience with a company that actively promotes the personal and professional growth of its employees. Aduro is constantly challenging what is possible, which makes every day an exciting challenge." Stefanie Steenhuis Head of Brand & Marketing "Working for Aduro means learning something new every day. It also means being creative and visionary. Every one of us is an entrepreneur, strategist, project manager and team player. Aduro gives us a chance to do something good in this world, to give something back. That is thrilling. I have worked in different companies across the globe but I have never seen such dedication and passion." Eric Appelman Chief Revenue Officer "During my career as a chemical engineer I met customers all over the world doing numerous different things, before moving into general management roles. At Aduro, all that comes together in a setting that is relevant for a sustainable future; in an entrepreneurial setting that is unlikely to be found in big corporations. This is immensely stimulating and rewarding; and no day without new things!" Abe Dyck Head of Corporate Development / Investor Relations "At Aduro, I am constantly inspired by our mission to create a sustainable future through innovative chemical recycling solutions. The collaborative and entrepreneurial spirit of our team makes every day stimulating and rewarding. What sets Aduro apart is our ability to combine cutting-edge technology with a genuine commitment to environmental stewardship. We are driven by a vision to reduce waste and promote a circular economy, and it's exciting to be part of a company that is making such a significant impact." Abe Dyck Trevor Morris Operations Manager "Being promoted into the role of Operations Manager has given me a chance to expand my skill set and experience with a company that actively promotes the personal and professional growth of its employees. Aduro is constantly challenging what is possible, which makes every day an exciting challenge." Career Opportunities Can't find your position? We're always looking for people to join our growing team. Contact us with your CV and tell us how you would be a great fit! A large island as a silhouette with the sun behind reflecting on a body of water With Aduro Clean Technologies we can build a cleaner and prosperous future together ensuring that our children and grandchildren inherit a world they can thrive in and cherish.

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Leadership
Ofer Vicus Co-Founder & Chief Executive Officer Ofer is CEO and Co-founder of Aduro Clean Technologies, formerly known as Aduro Energy, Inc., since its launch in November 2011. With over 20 years of experience in developing and marketing innovative technologies, he is driving the company with passion and energy, leading and guiding Aduro through its journey from the start. He has extensive business knowledge in alternative approaches to petrochemical processes with a focus of limiting environmental impact of the traditional chemical and petrochemical industries. He has distinguished himself through his ability to bring ideas to reality with advanced academic research, strong intellectual property foundations, supported by government programs and industry partners with strong orientation on the company human assets. Off the Aduro court, Ofer is big on family and a fanatic tennis player. He loves the waters including windsurfing, rowing and is a veteran open water SCUBA diving instructor. Marc Trygstad Co-Founder & Principal Scientist Some years after forging an initial bond with Ofer Vicus, when their lives intersected during work with advanced process analysis technology, Marcus joined Ofer to cofound Aduro and explore an idea. The idea grew slowly and uncertainly, but with the added abilities of Anil, experimentation yielded knowledge to fuel the company’s initial offerings. In his career developing and applying advanced analytical technology to support petrochemical process automation, Marcus combined imagination and insight with graduate training in material science & engineering, chemometrics, and organic chemistry, yielding numerous patents and foundational presentations at industry conferences. But for his contribution to Aduro advancements, he credits training in organic chemistry that gives sight of molecules’ unseeable dance; and inspiration from Shakespeare to portray well in words what the mind’s eye sees. Discovery from insight yields patents from words that Marcus crafts to cover the ever-expanding platform of chemical technologies coinvented with Anil and the Aduro team of scientist-engineers. Deep in that technology, Marcus finds form, beauty, and motion akin to that in works of classical music that he loves deeply. Mena Beshay Chief Financial Officer Mena is a senior executive with over 20 years of progressive experience in financial leadership roles. As an active change manager with a proven track record of leading public traded companies, Mena is accustomed to the rigours of fast-paced corporate environments that require leaders who provide sound advice and strategic vision. Before joining Aduro, Mena worked across North America and several European countries with companies like Deloitte, Domtar, Enercare, and Ernst & Young. Most recently, as Chief Financial Officer and Global Head of Corporate Development with CloudMD Software & Services Inc., Mena served as part of the executive team and significantly influenced the strategic direction of the company by leading and managing the Finance and Corporate Development departments, including all aspects of financial reporting, auditing, treasury, and legal matters. Mena is trilingual and passionate about mentoring young entrepreneurs and advising start-ups on the peaks and valleys, as well as pitfalls, of early growth. Outside of work, Mena enjoys travelling, experiencing new cultures, and exploring the artifacts of previous civilizations across the world. Eric Appelman Chief Revenue Officer Eric brings 35 years of experience in a variety of jobs and companies in the chemical industry. He worked with Unilever in their edible oils’ business; he was technical director at Sigma Coatings and EVP for innovation, market development and corporate strategy at the Swedish multinational Perstorp. Most recently Eric was CTO and Marketing & Sales Director at Brightlands Chemelot Campus, the largest industrial innovation environment for the chemical industry in the world. Eric met Aduro at Brightlands and was immediately captivated by its unique technology, which offers big advantages versus more traditional recycling technologies: an increased fraction of waste plastic accessible for recycling, a very efficient process combining multiple steps, and an excellent product! What makes him tick is working with customers, mapping the needs and linking those to the capabilities of the own team. In doing so, he contributed to a big variety of products to the market. David Weizenbach Chief Operating Officer David brings over 25 years of leadership experience in the heavy industry sector, most notably contributing to NOVA Chemicals' rise as one of the world’s premier-performing facilities. Throughout his career, he has held multiple leadership roles focused on delivering excellence across Safety, Quality, Cost, and Reliability. His expertise spans the full operational spectrum, including Engineering, Turnarounds, Reliability, Automation, Operations, Maintenance, Emergency Response, and Regulatory Compliance. David is particularly recognized for pioneering advancements in operations strategy and alarm management, with techniques he helped develop now considered industry standards. Now part of Aduro Clean Technologies, David is energized by the company's breakthrough Hydrochemolytic™ platform and the collaborative, mission-driven team behind it. He sees Aduro as a rare convergence of innovation and impact, and is proud to contribute to its advancement. Outside of work, David is passionate about the outdoors and enjoys mountain biking, kayaking, hiking, and skiing with his family. Anil Jhawar Chief Scientist Anil has distinguished himself through his insights and innovative work at the intersection of chemistry and chemical engineering, in academe and at Aduro. Having knowledge broad and deep paired with an engineer’s passion to turn concept into reality, Anil has been at the center of Aduro innovation from the start. The company’s very first employee, he is coinventor and coauthor of patents covering core Aduro technologies. Curiosity that Anil had even when young about the world seen through the lens of science and technology led inextricably to a doctorate in chemical engineering and became a lifelong pursuit. It continues today in his work to lead scaleup that supports commercialization of current Aduro technologies. And being ever curious and imaginative, Anil also is at the forefront of Aduro thinking about new ones to benefit both society and nature. That curiosity is perhaps rooted in something deeper that gives Anil delight in the embrace of family life and nature’s beauty, in numismatics, and in savory culinary goodness. Abe Dyck Head of Corporate Development / Investor Relations A seasoned executive with over two decades of experience, Abe’s successful journey encompasses a spectrum of roles in both traditional and renewable energy sectors. Abe co-founded Methes Energies, a venture that grew to list on NASDAQ, post an RTO (Reverse Take-Over). This venture was a testament to Abe's foresight in renewable energy solutions, an attribute he carries into his role at Aduro. His tenure also includes a notable stint as a co-founder and board member at Cleantechonomics Energy Ltd., where he orchestrated a capital infusion of $2M, steering the firm towards pioneering waste-to-energy solutions. His current venture at Aduro is a continued commitment to innovative solutions in the renewable energy sector. Abe’s role is quintessential, encompassing strategic partnerships, mergers & acquisitions, and investor relations, aligning perfectly with Aduro’s vision of transforming heavy crude and renewable oils into new-era resources. As Abe often articulates, the journey at Aduro is about “scaling technology, nurturing investor relationships, and engaging with valued customers”, a philosophy he practices with fervor, propelling Aduro Clean Technologies into a promising trajectory of growth and innovation. Stefanie Steenhuis Head of Brand and Marketing Stefanie has a passion for brands. From a young age on she has been fascinated by advertisements and how those messages would affect the people around her. A brand is arguably one of the organization's most important assets. It gives an organization an identity, makes a business memorable, encourages consumers to buy and partners to collaborate, supports marketing and advertising, and brings employees pride. Before joining Aduro, she had the opportunity to deepen her understanding and become an international marketing and communication executive by working with numerous B2B brands like IBM, Siemens, Ecolab or ThyssenKrupp. She joined Aduro Clean Technologies due to her passion to develop and position brands and to accompany this amazing technology platform on its way to market. Her spare time she enjoys spending with her family, practicing yoga and travelling the world. Arturo Gomez VP of Engineering Dr. Arturo Gomez has over 20 years of experience in process improvement, project management, and scaling chemical processes. He has led teams in developing and commercializing new technologies, driving advances in chemical reaction engineering, and optimizing manufacturing systems for specialty chemicals, renewable fuels, and high-performance polymers. Dr. Gomez is skilled in integrating process engineering protocols across international facilities and applying Six Sigma and Lean Manufacturing principles to improve efficiency and throughput. Prior to joining Aduro, he held senior engineering roles at MilliporeSigma (Merck KGaA) and Bartek Ingredients. Dr. Gomez holds a Ph.D. in Chemical and Petroleum Engineering from the University of Calgary and is a licensed Professional Engineer (P.Eng.). Outside of work, Arturo likes to be close to his family while having the opportunity to practice water sports (snorkelling, scuba diving). He is very excited about learning kite surfing also just made first steps towards practicing sustainable tropical farming. Neha Nisar VP of Finance With over 20 years of experience across diverse industries, Neha is a strategic and results-driven finance leader dedicated to driving growth, innovation, and operational excellence. She has held key leadership roles at globally recognized organizations, including Marriott International, Canada Goose, and MEDNOW, where her financial expertise and leadership have made a lasting impact. Neha began her career at PwC and KPMG, spending seven formative years building a strong foundation in financial systems, compliance, and regulatory frameworks. This experience has been instrumental in shaping her ability to navigate complex financial landscapes and deliver results. During her tenure at MEDNOW, Neha played a pivotal role in a complex acquisition process, earning acclaim for her financial stewardship and strategic guidance. Her ability to balance big-picture thinking with meticulous attention to detail has made her a trusted advisor and leader. A Chartered Accountant from India, Neha also holds a Bachelor of Science in Commerce and Business Administration. Outside of work, Neha enjoys traveling with her family—especially on cruises—staying active through dance workouts and keeping up with the latest advancements in Artificial Intelligence.Neha Nisar VP of Finance With over 20 years of experience across diverse industries, Neha is a strategic and results-driven finance leader dedicated to driving growth, innovation, and operational excellence. She has held key leadership roles at globally recognized organizations, including Marriott International, Canada Goose, and MEDNOW, where her financial expertise and leadership have made a lasting impact. Neha began her career at PwC and KPMG, spending seven formative years building a strong foundation in financial systems, compliance, and regulatory frameworks. This experience has been instrumental in shaping her ability to navigate complex financial landscapes and deliver results. During her tenure at MEDNOW, Neha played a pivotal role in a complex acquisition process, earning acclaim for her financial stewardship and strategic guidance. Her ability to balance big-picture thinking with meticulous attention to detail has made her a trusted advisor and leader. A Chartered Accountant from India, Neha also holds a Bachelor of Science in Commerce and Business Administration. Outside of work, Neha enjoys traveling with her family—especially on cruises—staying active through dance workouts and keeping up with the latest advancements in Artificial Intelligence. Birendra Adhikari Head of Research & Development Birendra is an accomplished organic chemist with a PhD and extensive R&D experience in industry and in academe where he contributed to 30 scientific articles, papers, and book chapters. Not only a researcher, Birendra is an educator at heart, being passionate about sharing his knowledge and inspiring the next generation of scientists. His further passion for science that addresses energy and environmental challenges aligns well with the mission and vision of Aduro, where he imaginatively brings theory into practice. Having multidisciplinary expertise in organic, analytical, and applied chemistry, Birendra’s mind and hands are central to not only development and improvement of core Aduro technology but also discovery of innovative new chemistries that further enrich the company’s technology platform. Birendra’s bonds with family and nature are strong. With parents who are both farmers and educators, and having grown up in the beautiful Nepalese city of Pokhara, he treasures spending time with his own family and using his hands in their garden.

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