Spinnova Plc’s half-year report January-June 2021 (Unaudited) - Strong joint ventures and successful IPO provide springboard for growth and scaleup

January to June 2021 · Revenue grew to EUR 370 thousand (EUR 87 thousand). · Operating loss for the period was EUR 3 093 thousand (EUR 1 993 thousand) · Total investments were EUR 2 949 thousand (EUR 2 287 thousand). · The number of permanent employees at the end of the period grew to 49 (28). Significant events during H1 / 2021 · Spinnova announced a 50/50 joint venture with Suzano called Woodspin Oy, where Spinnova will be the exclusive technology provider, and started building the first commercial SPINNOVA[® ]factory in Finland. · Spinnova and Suzano announced