Loop Industries Appoints Spencer Hart CFO, Effective Jan. 15, Succeeding Mike De Notaris

Loop Industries, Inc. (Nasdaq:LOOP) ("Loop" or the "Company"), a clean technology company on a mission to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced the appointment of Spencer Hart as Chief Financial Officer (CFO), effective January 15, 2026.

Mr. Hart, who has served as a member of Loop's Board of Directors since February 2025, will transition into the full-time executive role to lead the Company's global financial strategy and capital markets engagement. Mr. Hart will also remain a member of the Board of Directors.