LOOP · Loop Industries, Inc. · Short Volume

Substantial doubt about the company's ability to continue as a going concern.

“Management has determined that current cash and cash equivalents on hand as of May 31, 2026 of $1,063, together with the $2,537 available under its undrawn credit facility, will not be sufficient to fund the Company's ongoing operations, obligations and commitments for the next twelve months from the date of issuance of these unaudited interim condensed consolidated financial statements. These events and conditions are material uncertainties that raise substantial doubt upon the Company's ability to continue as a going concern and, accordingly, the appropriateness of the use of accounting principles applicable to a going concern.”