Dossier Celal-Mex

Just imagine the next bottle of pineapple juice you drink being made from the same pineapples.

The Celal-Mex team is here to make it happen.

Introduction I 01

The renewable

evolution

The increasing demand for plastics and their presence in our daily lives is a reality. It is clear that we cannot avoid using plastic from one day to the next. As a result, we have committed ourselves to finding environmentally sustainable alternatives that will allow us to mitigate the problem and satisfy demand competitively.

CELAL-MEX is a biotechnology-based company specialized in the development of environmentally sustainable alternatives and substitutes for the agricultural and industrial sectors. We are dedicated to recovering agricultural by-products and processing them into biopolymers for industrial use.

About us I 03

Our guiding

principles

Mission

With a biotechnological approach, we develop sustainable alternatives to conventional polymers utilizing agricultural waste. We are committed to guide this sector towards a circular transformation that reduces its environmental impact and maintains its international standards.

Vision

We strive to be world leaders in the use of agricultural by-products and a benchmark for Mexican exports of sustainable alternatives.

Mission and Vision I 05

Values Va Social responsability Commitment to environment Industry transparency

06 I Values

Pilares Pillars Innovation Sustainability Optimization Constant change

Ideals Ideales Circular thinking Exponential and sustainable growth Biotechnology as an ally

Pillars and Ideals I 07

Strategic alliances

We have been part of associations that promote social entrepreneurship and research, such as Enactus, Tec de Monterrey Institute for Obesity and the American Institute of Chemical Engineers.

Espacio de seguridad Strategic conalliances tagline I 09 29

Awards and

Achievements

We have participated in more than 10 national competitions during 2021, 2022 and 2023, and have won the following:

3rd national place at Inc Prototype 2021 in Monterrey, México:

https://fs.hubspotusercontent00.net/hubfs/6340004/Memorias%202021/Prototype21.pdf

2nd national place at ENACTUS 2022 in Aguascalientes, México

Top 100 finalists at Jump Chile 2022 3rd place national atl UNITEC prize of sustainable development for

social innovation 2022 at Mexico City: https://blogs.unitec.mx/unitec-hoy/premiosunitec-a-la-innovacion-tecnologica-para-el-desarrollo-social/

Inc Mty named us as 1 of the best 20 startups in 2022 and we were present at the Inc Mty Startup Expo: https://www.instagram.com/reel/CmmU5cYDkxB/?igshid=YmMyMTA2M2Y=

Top 50 finalists at MIT Solv[ED] 2023 (en espera de resultados finales)

Speakers at 5th FOODIE in Davis, California 1st national place GSEA 2023 Mexico Awards I 11

We have a published review in sciencedirect.com https://www.sciencedirect.com/science/ article/pii/S2589014X23000105

12 I Achievements

Speakers at Tec Science Summit 2023 (March 3, 2023) Achievements I 13

Differentiating products

Cellulose It can be used as: Filler in melamine compounds Packaging Plastic formulations

Differentiation: Price below the market Use of 3 times less water for its production Less use of chemicals Sourced from agricultural residues

16 I Cellulose

Starch It can be used as: Industrial additive Ceramic manufacturing Adhesives and binders

Differentiation: Improved gelatinization properties Avoids corn waste Sourced from agricultural residues

Starch I 17

Potential

clients

We operate on a business-to-business model (B2B). We receive agricultural by-products from our suppliers, which we transform into raw materials for packaging companies, extruders, and manufacturers that supply food companies, retailers, and parcel services.

Espacio de seguridad con tagline Clients II 29 19

Prices

$3.22

M PESOS

Cellulose $1200 dls/ton

61,57%

Overhead costs

17,3% 21,13% Taxes

Profit margin

Prices I 21

Financial

projection

Production estimate (Ton) Cellulose

Production in tons

Sales MXN

Monthly

12 ton

$268,560

Yearly

144 ton

$3,222,720

Estimated sales MXN Cellulose

Sales MXN

Total costs and taxes (MXN)

Net profits (MXN)

Year 1

$3,222,720

$2,541,759.3

$680,960.7

Net profit margin: 21.13% Espacio de seguridad con tagline I 29 Financial projection I 23

Financial projection Tons 1250

1000

1080 750

500

576 432

250

144 0

Year 1

24 I Financial projection

288 Year 2

Year 3

Year 4

26,57%

Year 5

4,064 TONS

Cellulose imports in Mexico

Net International Trade in Chemical Cellulose and its Derivatives, not Specified or Included Elsewhere, in Primary Forms Annual Flow, according to data from customs tape imports production

Market competition In Mexico, cellulose imports are increasing by 2.6% annually, mainly from Canada at $1,100 per ton and from the United States at $1,200, which gives us a competitive price advantage.

The companies in the country with which we compete are: Ecofilter, Georgia Pacific, International paper and Kimberly Clark.

Financial projection I 25

Mexican market $203 MILLIONS DLS

Cellu

$26.4 MILLIONS DLS

Data by: Data México

26 I Potencial market

Star

ulose

rch

Global market $5.63 BILLIONS DLS

$1.4 BILLIONS DLS

Potencial market I 27

Actual Stage and

future vision

To continuously improve our products, our team continues to research the optimization of our processes.

Meanwhile, we participate in contests in order to enrich our company with new strategic alliances.

This is all in order to find financing for the installation of an industrial facility that allows us to scale our production.

We envision using more organic agricultural wastes in the future, including banana, papaya, and agave, among others. The company intends to become the first biotechnology unicorn in México and to debut on the Mexican Stock Exchange in order to promote the creation of public companies in the country.

In the near future, we plan to cover 2% of the Mexican pulp market and 5% of the starch market. Finally, CelalMex seeks to venture into upcoming markets such as bioplastics, nanocellulose, phenolic compounds and fungi to treat agro-industrial waste.

Espacio de seguridadFuture con tagline vision I 29

Oscar Martinez Gonzalez

CFO

Adolfo Martin Vidal Ruiz

CEO

WE ARE CELAL-MEX

30 I The team

Eduardo Mendez Loranca

COO

CONTACT US celalmex1@gmail.com (+52) 9932024320

@celal_mex https://celalmex.com

Contact information I 31