Back to the Newsroom Loop Industries Appoints Institutional Shareholder Jeff Geygan to Board; GVIC Outlines Intent to Increase Ownership Stake to 10% Monday, 22 June 2026 08:00 AM Topic: Company Update Jeff Geygan, Chairman of Global Value Investment Corporation (GVIC), joins the Board to support global execution. GVIC signals deep confidence in Loop's technology and commercialisation strategy by intending to increase ownership to at least 10%. Aligns with Loop's transition to commercial production across planned facilities in India and Europe. MONTRÉAL, QC / ACCESS Newswire / June 22, 2026 / Loop Industries, Inc. (NASDAQ:LOOP) ("Loop" or the "Company"), a clean technology innovator accelerating the transition to a circular plastics economy, today announced the strategic appointment of Jeffrey Geygan to its Board of Directors, effective immediately. Mr. Geygan serves as Chairman of Global Value Investment Corporation ("GVIC"), a long-term institutional shareholder. In tandem with his appointment, GVIC has formalized its intent to deepen its financial commitment to Loop. Subject to market conditions and compliance with applicable securities laws, GVIC intends to increase its total ownership position to at least 10% of the Company's outstanding common shares. "Jeff's appointment and GVIC's intention to expand their equity stake come at a pivotal operational inflection point for Loop," said Daniel Solomita, Founder and CEO of Loop Industries. "As we begin our global commercial execution, Jeff's deep capital markets expertise and value-creation track record will be invaluable. GVIC's intent to increase its position is a powerful endorsement of our commercial readiness and the robust demand for our circular PET and polyester solutions." The increased institutional backing arrives as Loop aggressively advances its global commercialization pipeline, which includes: India Joint Venture: Accelerating plans for a commercial-scale manufacturing facility in partnership with Ester Industries. European Licensing Expansion: partnering with Reed Societe Generale Group to commercialise operations following site selection in Germany. Brand Engagement: Advancing supply discussions with tier-one global consumer brands. Mr. Geygan commented, "Loop has spent years developing and validating a differentiated technology platform that addresses a significant global challenge. The company's transition from technology development to commercial execution represents an opportunity to drive long-term value creation, and I look forward to working with Daniel, Management, and my fellow directors as the Company advances its commercialization strategy." About Loop Industries Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from its dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles packaging and textiles such as carpets and clothing, into their base building block monomers DMT and MEG. The monomers are separated, purified and polymerized to create virgin-quality Loop ™ & Twist ™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop ™ & Twist ™ PET can be recycled infinitely without degradation of quality, helping to close the plastic loop. Loop Industries is committed to contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future. Common shares of the Company are listed on the NASDAQ Global Market under the symbol "LOOP." For more information: Please visit www.loopindustries.com Follow Loop on X: @loopindustries , Instagram: loopindustries , Facebook: Loop Industries and LinkedIn: Loop Industries Follow Twist ™ on Instagram: twistbyloop Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and as defined in the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about the anticipated timing and development of Loop's projects in India and Europe; expected progress and outcomes related to project debt and equity financing efforts; potential engineering services revenues and milestone payments; and the expected benefits of Loop's offtake agreement