Group 1 - CARBIOS has released its Interim report for the first half of 2025, which is available for shareholders and the financial community [1] - The company focuses on developing and industrializing biological technologies aimed at reinventing the lifecycle of plastics and textiles [2] - CARBIOS has two main technologies: PET biorecycling and PLA biodegradation, which are currently being scaled up to industrial and commercial levels [2] Group 2 - The industrial demonstration plant for biorecycling has been operational since 2021, with the construction of the world's first biorecycling plant expected to resume before the end of 2025, pending additional funding [2] - CARBIOS collaborates with major brands in the cosmetics, food, and apparel industries to enhance the recyclability and circularity of their products [2] - The company is part of the global community of B Corp™ certified companies, indicating a commitment to transforming business models for the common good [2]

Financial Results - The company reported a solid cash position of €72 million as of June 30, 2025, providing a cash horizon of more than 12 months, thanks to a cost-saving plan executed in the first half of 2025 [2][6] - Revenue for the first half of 2025 was €519,000, compared to €73,000 in the same period of 2024, indicating significant growth [12][27] - The current operating loss improved to €17.6 million from €20 million year-over-year, attributed to reduced operating expenses and increased revenues [14][15] Regulatory Environment Developments - A new decree in France provides financial incentives for incorporating recycled materials into products, offering a €1,000/ton bonus for using biorecycled plastics in sensitive-contact packaging [3][9] - This regulatory change is expected to accelerate customer adoption of CARBIOS' technology, allowing the company to supply high-quality recycled PET (r-PET) at a competitive price [3][9] Longlaville PET Biorecycling Plant Update - The construction of the Longlaville biorecycling plant is expected to resume before the end of 2025, contingent upon securing additional funding [6][9] - The plant is set to be commissioned in the second half of 2027, with significant progress made in securing public funding and interest from private investors [6][9][13] - Pre-sales of products from the future plant are progressing, supported by a favorable regulatory environment [7][9] Licensing and Technological Development - The company remains committed to the commercialization of licenses for its technology, supported by technological maturity and ongoing negotiations with various partners [10] - CARBIOS has secured a significant portion of its raw material supply and signed polymerization contracts, strengthening the project's industrial foundations [7][10] Cash Flow and Financial Position - The net cash consumption for the first half of 2025 was €18.1 million, a decrease from €102.1 million in 2024, reflecting improved cash management [19][30] - Cash and cash equivalents at the end of the period stood at €71.7 million, down from €89.8 million at the beginning of the period [19][30]