Origin Materials and Matrix Bottling Group Announce Partnership to Bring Recyclable PET Bottlecaps to Major Beverage Brands

Matrix Bottling Group is a bottling company serving some of the largest brands and retailers in the country

In the fourth quarter of 2025, the companies collaborated on a bottling trial

The companies expect to partner on customer qualification trials and product runs throughout 2026 and beyond

Origin Materials, Inc. ("Origin") (NASDAQ:ORGN, ORGNW)), a technology company with a mission to enable the world's transition to sustainable materials, and Matrix Bottling Group, a bottling company serving world-renowned brands in the beverage industry with multiple facilities in the United States, today announced a partnership centered on the mass production of beverages featuring recyclable PET caps.

The companies agreed Matrix Bottling Group will provide bottling and capping services related to PET caps produced by Origin, aiming to launch beverage products with its customer base, ranging from startups to global marquee brands. The companies plan to begin with 28 mm caps, then expand into other formats.

Matrix Bottling Group provides services and innovative packaging for beverage brands through bottling and capping, expanded distribution, limited-time promotions, new launches, and more, working with partners across the beverage industry.

Origin PET caps represent a technological breakthrough that can enable lighter packaging and better product barrier which improves shelf life. Unlike many polypropylene and HDPE caps, Origin PET caps can be made with 100% post-consumer recycled material, used in food-grade applications, and are made by thermoforming instead of traditional injection or compression molding.

Baze Melamed, Director of Sales of Matrix Bottling Group, commented: "For the packaging industry, this partnership represents a significant step forward for the mass adoption of PET caps and mono-material containers. It made sense to bring together our capabilities and customer base with Origin's PET cap, a remarkable innovation driving recyclability and packaging performance. We are thrilled to partner with Origin."

John Bissell, CEO of Origin Materials, commented: "Brands already need to work with their bottling partners to switch to PET caps. By partnering directly with progressive bottling companies like Matrix, Origin will remove a potential barrier to adoption and make it even easier for brands of all sizes to switch to PET closures. We are delighted to partner with Matrix Bottling Group, initially in Las Vegas, Nevada, and with potential synergies at each of its multiple state-of-the-art U.S. locations."

About Origin Materials

Origin is a technology company with a mission to enable the world's transition to sustainable materials. Our innovations include PET caps and closures that bring recycling circularity and enhanced performance to a ~$65 billion market. For more information, visit www.originmaterials.com.

About Matrix Bottling Group

Matrix Bottling Group operates one of the most advanced contract beverage manufacturing companies in the United States, specializing in a full spectrum of high-demand beverage categories. We produce everything from vapor-distilled, flavored, electrolyte, and alkaline bottled water to premium organic kombucha, probiotic drinks, functional teas, isotonics, sports hydration beverages, craft sodas, energy drinks and alcoholic beverages. For more information, visit https://matrixbottling.com/.

Cautionary Note on Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "project," "potential," "seem," "seek," "target," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Origin Materials' business strategy and estimated total addressable market, anticipated performance characteristics of Origin's PET caps such as increased shelf life and enabling lighter packaging, and expected benefits of the customer relationship, including specific beverage types with which Origin's products may be used, locations at which Origin and Matrix Bottling Group may partner, any additional customer qualification and product runs the two companies may carry out and the timing of such runs, and the impact on innovation in and adoption of mono-material packaging. The forward-looking statements are based on various assumptions, whether or not identified in this press release, and on the current plans, objectives, estimates, expectations, and intentions of the management of Origin and are not predictions of actual performance and inherently involve significant risks and uncertainties. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Origin. These forward-looking statements are subject to a number of risks and uncertainties including, but not limited to, the fact that Origin Materials may be unable to successfully commercialize its products; the effects of competition on Origin Materials' business; the uncertainty of the projected financial information with respect to Origin; disruptions and other impacts to Origin's business. Other factors that could adversely affect the Company's operations include those discussed in the Company's Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (SEC) on November 13, 2025 under the heading "Risk Factors," and other documents Origin has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Origin Materials presently does not know, or that Origin currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law.

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Origin Materials

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Matrix Bottling Group

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