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July 2020

Ecoware

M a k in g s in g le -u s e p la stic re d u n d a nt s in c e 2 0 0 9
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Ecoware is the trade name of Ecoware Solutions Private Limited. Where a

company is identified by its trade name or “Ecoware”, the reference is used for
convenience, or may be used where no useful purpose is served in referring to
the company by name. The services and products of these companies may not be
available in certain countries or political subdivisions thereof.

The information contained in this presentation is provided for general

information purposes only and must not be relied on as specific advice in
connection with any decisions you may make. No representations or warranties,
express or implied, are made by the company or companies presenting these
materials or its affiliates concerning the applicability, suitability, accuracy or
completeness of the information contained herein and these companies do not
accept any responsibility whatsoever for the use of this information. The
companies presenting these materials and their affiliates are not liable for any
action you may take as a result of you relying on such material or for any loss or
damage suffered by you as a result of you taking this action. Furthermore, these
materials do not in any way constitute an offer to provide specific services.

Copyright ©2020 Ecoware Solutions Private Limited. All rights reserved. No part
of this publication may be reproduced or transmitted in any form or by any
means, electronic or mechanical including by photocopy, recording or
information storage and retrieval system, without permission in writing from
Ecoware.

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OUR OBJECTIVES

Of Earth. For Earth.

We provide high quality, affordably priced
biodegradable & compostable products made
from plants

Make an Impact
We create positive Environmental, Social and
Governance impact for very product we
produce and sell

Lead by Example
We maintain strict quality and testing
procedures to ensure compliance with global
standards
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MEET RHEA

Founder & CEO

Rhea founded Ecoware in 2010 when there
was little awareness about the harmful effects
of plastic. Cheap oil prices had led to a
proliferation of plastic production and usage.
Yet, the devastation caused to the natural
environment and the harmful effects on
human and animal health went unnoticed.
There were no plastic bans or any sort of
incentives to change consumer behavior. This
is when Rhea decided to disrupt the
commoditsed packaging industry by creating
a natural and healthy alternative to single-use
plastics.
RHEA MAZUMDAR SINGHAL

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MEET RHEA

Nari Shakti Puraskar Young Global Leader Asia 21 Young Leader

Received the highest civilian honor for Made a Young Global Leader (YGL) of Selected as a Young Leader of the Asia
women by the President of India in the World Economic Forum in 2018 Society in 2019, an honor given to
February 2019 for her efforts to and currently holds the country chair dynamic individuals under the age of
eradicate single-use plastic for India 40 who will impact global affairs

Unreasonable Fellow, Unreasonable Group + Barclays Impact | Women of Excellence Award, The Women Economic Forum
Enterprising Woman of the Year 2020 | Finalist, Women Transforming India Awards 2020, Government of India
University of Bristol, Oxford and Harvard
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MEET RHEA

Global Thought Leader on Sustainability

Dreamforce by Salesforce, San Francisco, Sep 2018

The Good Day by Engie, Paris, Jul 2019
Motilal Oswal Annual Global Investor Conference, Mumbai, Aug 2019
Unreasonable Impact World Forum, London, Nov 2019
National Commission for Women in India, New Delhi, Mar 2019
Mind Rocks Youth Summit by India Today, New Delhi, Sep 2019
The Ellen MacArthur Foundation, Virtual, Nov 2019
The Shiv Nadar University, New Delhi, Jan 2020
Ashoka University, New Delhi, Jan 2020
Women Transforming India by Niti Aayog, New Delhi, Mar 2020
Women Empowerment by Government of India, New Delhi, Mar 2020
Circular Economy by International e-School, Virtual, May 2020
Sustainability & Innovation in Food Packaging, Virtual, May 2020
Sustainable Economic Growth, EU / India Partnership, Virtual, Jun 2020
Green Dream Foundation, Virtual, Jul 2020
Chairperson, CII Northern Region, Indian Women Network, Jun 2020-21
The Unreasonable Impact COVID-19 Response Global Summit, Jul 2020
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OUR BRILLIANT TEAM

Brand Ambassadors Production

We employ 100 production staff of which
Friends, family and well-wishers who have
almost 25% are women and 75% were
championed Ecoware since the very beginning
previously low-wage workers

100
Sales
Human Resources
Our Sales team is the key interface
A key function given our expanding
team. Responsible for managing key strong with major customers and distributors
in India and abroad
labour compliances

Finance Marketing
Our Finance team handles day-to-day We are building a dedicated team which is

customer transactions, logistics and social media savvy having made a key hire
regulatory compliances in digital marketing

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“It’s only waste if it’s in the

wrong place”*

* By a wise person 8
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POLLUTION PROBLEM IN 4 NUMBERS: PLASTIC

20x 95%

Fact Loss
Growth in global plastics Plastic packaging material
production from 1950 to value loss after one use
20141 cycle2

90% 8

Feedstock Negative Externalities

Plastic production relies on
finite fossil fuels which
make up 90% of its
feedstock3
8 million tons of plastics
leak into the oceans every
year4
1. PlasticsEurope | 2. Plastic News | 3. Energy Outlook 2035 | 4. Science, Feb 13, 2015 9
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POLLUTION PROBLEM IN 4 NUMBERS: AIR

2.5
22 million

Fact Loss
22 of the world’s 30 most India has the highest
polluted cities in the world premature pollution-
are in India1 related deaths per year2

17% 10x

Feedstock Negative Externalities

Burning of crop stubble 140 million people breathe
contributes 17% of total air than is 10x over the
air pollution in India3 WHO safe limit4

1. 2019 World Air Quality Report | 2. Global Alliance on Health and Pollution GAHP (Dec 2019) | 3. The Indian Express Dec 24, 2019 | 4. Financial Times Dec 11, 2018 10
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ECOWARE IS ONE SOLUTION TO BOTH PROBLEMS

0% Plastic No Trees Cut Heavy Duty

Made from Crop Stubble
100% Plant No Wood Pulp Tamper Proof
Feedstock Agnostic

For Takeaway Continuous Testing Oil & Water Resistant High Temp Resistance
Keeps Food Insulated Globally Certified Suited for all F&B -20 to +140 ºC
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OUR ASSETS

Head Office
Located in south Delhi close to
major commercial zones,
hotels and the international
airport

Production Facility
Located over 40,000 sq. ft. area
in the adjacent state of Uttar
Pradesh which is one of the
densest agricultural regions

Select staff work from home or operate out of

our distributors’ offices across 8 cities in India

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SELECT CUSTOMERS
We service the entire spectrum of food services and retail including households

Events / Festivals Home Restaurants / Catering Travel

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PORTFOLIO

The Ecoware portfolio covers the entire range of Cups, Plates,

Bowls, Takeaway Boxes, Trays and Cutlery

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PLATES

Round Plates in 6”, 7”, 10” & 12” Compartment Plates in 10” & 12” Square Plates in 6” & 8”
Depth 1” Depth 1.1” Depth 0.6” & 0.9”

All dimensions in inches 15

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CUPS

Cup 250 ml Cup 220 ml

Dia. 3.1” x Dia. 1.8” x Depth 3.2” Dia. 2.9” x Dia. 1.6” x Depth 3.2”

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BOWLS

Large Bowls in 340 ml Small Bowls in 180, 240 & 270 ml Square Bowls in 150 ml
Dia. 5.1” x Depth 2.4” Dia. 4” x Depth 1.4” Length 4” x Depth 1.2”

Lids for all Bowls available soon 17

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TRAYS

Single Compartment Tray 2 Compartment Tray 3 Compartment Tray

9” x 7” x 2” 9” x 7” x 2” 9.4” x 7.2” x 1.5”

5 Compartment Tray
Coming in 2020
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BOXES

450 ml ‘Hamburger’ Box 600 ml ‘Sandwich’ Box 1000 ml Clamshell Box

6” x 6” x 3” 7” x 5” x 1.8” 9” x 7” x 3”

750 ml ‘Food Box’ with Lid 5 Compartment Clamshell Box 3 Compartment Clamshell Box
7” x 6” x 1” Coming in 2020 Coming in 2020
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OTHERS

Wooden Spoon Wooden Fork Wooden Knife

Length 14 cm Length 14 cm Length 14 cm

Wooden Spork
Length 16 cm
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GRANTS

Awarded the prestigious Expo Live Innovation Impact Awarded the $100,000 COVID-19 Response Grant by
USD $100,000 Grant by Dubai Expo 2020. This Grant the Unreasonable Group and Barclays Bank to scale up
allows us to expand our sustainable packaging product solutions for fighting the coronavirus pandemic
range to fight single-use plastics globally globally

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AWARDS
Validation for being a pioneer in the anti-plastic movement

Highest civilian honor for women Finalist, Indian Circular Economy Enterprising Women of the Year,
by the President of India Awards Government of India
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CERTIFICATIONS
We conceive, design and manufacture for a circular economy

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CERTIFICATIONS
Visit https://ecoware.in/about/certificates for the full list

Specification Standard Laboratory Date

Food Migration IS 9845 Intertek, India Dec 2018

PFAS Free EU 2019/1021 TUV Rheinland, China Aug 2019

Biobased Content ASTM D6866-18 Beta Analytics Inc., USA Feb 2020

Compostability ISO 17088 CIPET, India Applied

Heavy Metals EN 13432 Merieux NutriSciences, Italy Jun 2020

Quantitative Disintegration ISO 16929 Merieux NutriSciences, Italy Applied

Ecotoxicity EN 13432 Merieux NutriSciences, Italy Applied

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ACCREDIATIONS

Distinction Agency Date

USDA Certified Biobased Product Label USDA BioPreferred Program, USA Dec 2013

India Design Mark India Design Council May 2018

Finalist The Dell Award for Circular Economy Jan 2019

Associate Member National Restaurant Association of India Mar 2020

CE100 Network The Ellen MacArthur Foundation, UK May 2020

Singapore Green Label The Singapore Environment Council Jul 2020

Efficient Solution Label Solar Impulse Foundation, France Applied

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OUR IMPACT

Ecoware creates $2.47 of Environmental, Social and

Governance (ESG) impact for every $1 invested into the
company*

Reduction in GHG emissions from paper and plastic

saved. Improvements in soil quality by using Ecoware

$2.47
composted materials

Ecoware workers earn higher wages relative to

alternate employment opportunities available. Have
access to financial safety net through pension and
insurance

Reduction in medical expenses through healthier

consumption habits developed through advocacy
and marketing efforts

*Impact Investment Exchange, Singapore, May 2016 26

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TANGIBLE ECONOMIC BENEFIT TO CUSTOMERS
Reference Product: ECOWHAM (450 ml Hamburger Box)

Ecoware Plastic1
Weight per piece (grams) 20 13

Cost per piece (INR Rs.)

Product 5.75 4.90
Disposal2 0.13 1.76
Legislation3 0.00 0.40
Total 5.88 7.06
Cost Savings by using Ecoware -17%

1. Mixed-use single-use plastics

2. Rs 6,355 & Rs. 1,35,628 : Approx. cost for recycling 1 ton of Paper/Board & Mixed Plastics packaging respectively via separate curbside collection in high population density areas
3. [6%] additional costs due to higher taxation and loss of business, levied by national or regional legislation, introduced to dis-incentivize use of single-use plastics
Source: RDC-Environmental & Pira International, March 2003
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REVENUE DISTRIBUTION

Strong
All major Tier 1 & 2 cities in India covering
major consumer markets (Delhi, Mumbai,
Bangalore, Hyderabad, etc.)

Emerging
Tier 3 cities or capital cities of growing
consumer markets (Ahmedabad, Indore,
Lucknow, Kanpur, Jalandhar, Guwahati, etc.)

Potential
Regions predominantly in east India
hampered by low demand and high
transportation costs

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REVENUE DISTRIBUTION
Ecoware is sold in over 15 countries in wholesale and retail

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ECOWARE.IN
Only dedicated sustainable packaging e-commerce site in India

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AMAZON

30 products listed on Amazon 8 out of top 20 Bestsellers in the Daily transaction volume in
India since 2015. Listed on Disposables category are excess of 200 orders, leading to
Amazon UAE since February 2020 Ecoware products secondary sales leads

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CUSTOMIZATION

Custom printed Ecoware products are an

effective way to advertise your business and
stand out from the crowd. Our experienced
Design team will help you with R&D, concept
creation and rendering, prototyping, technical
drawings all the way through to manufacture
and delivery. We will make your brand sing to
impress your customers with any shape
and/or creative you want.

Services offered:
• Product printing
• Product embossing
• Custom product shape & design
• Custom product pack size
• Sticker printing

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OUR COVID-19 RESPONSE
Government imposed lockdown: March 25 to May 17, 2020
Screening
All Employees are
temperature checked before
entering, provided face masks
and hand sanitizers. Entry
without face mask is strictly
prohibited
Communication
At the outset of the
pandemic, a network
messaging system was set up
to communicate key health
and safety information to all
employees
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Social Distancing
Mandatory spacing of 3
meters is maintained
between two persons at all
times. Shift and break start
and end times are staggered
Disinfection
Our entire facility including
transport vehicles are sprayed
with Sodium Hypochlorite
solution twice a day
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CASE STUDY

Ecoware necessary in a post-COVID World

Coronavirus can remain stable for up to 2-3 days on plastic

and stainless steel1. The CDC2 guidelines for reopening of
bars and restaurants advocates use of disposable food
service items. ‘Contactless Dining’ will be the norm for the
foreseeable future making the case of 100% natural and
biodegradable Ecoware packaging. The production of
Ecoware provides for in-situ sterilization of all products with
the application of high heat. As a use & throw product it
automatically negates the threat of cross-infections.

1. Economic Times, Mar 23, 2020 | 2. Centers for Disease Control and Prevention, USA 34
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Ecoware

M -5 8 M a rket | G re ate r Ka ila s h 2

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