-The first PureCycled plastic product equipped with EC30-

Orlando, Florida, November 5, 2021/PRNewswire/ - PureCycle Technologies, Inc. (NASDAQ: PCT) announced the launch of its first product made of PureCycled plastic. EC30 brings the first sustainable plastic shower dispenser to the market and sells it, made from PureCycle's ultra-pure recycled plastic, which is converted from the trash found in the American stadium trash bin. Bringing ultra-pure recycled plastic products to consumers marked a milestone for PureCycle and changed the sustainable product game.

Mike Otworth, CEO of PureCycle, said: "There is no doubt that consumers want companies to provide sustainable products, but more importantly, ecologically-driven customers want real sustainable development-not corporate green washing. PureCycle creates more than just an infinitely sustainable plastic. We provide an opportunity for brands. When creating sustainable products that put our environment first, we must be thoughtful and sincere. We hope that every ecology All driven consumers join PureCycle to participate in our sustainable plastic revolution, so we can deal with the core of the plastic waste crisis: the materials used to make plastic products. Plastic products can and should be made of infinitely sustainable materials."

The American Chamber of Commerce pointed out that by the end of 2021, consumers will spend up to $150 billion on sustainable products.

David Brenner, Chief Commercial Officer of PureCycle, said: "PureCycled products available for purchase are another step in our journey, bringing us one step closer to our goal of creating a pure planet. EC30 is our first launch. The perfect partner for this product, because they also focus on providing truly sustainable products with minimal carbon footprint. We believe this product is the first of many pilot product examples, demonstrating that our resin can provide excellent aesthetics and machinery Performance that meets sustainable development goals and delights consumers."

A big problem with plastic is that it often ends up in oceans and waterways, left in landfills, or scattered in the environment. PureCycle is committed to being the answer to this question. PureCycled plastic can be a complementary and sustainable resource.

PureCycled Plastics aims to revolutionize the way society recycles by turning plastic waste into infinitely sustainable materials. PureCycle's unique purification process enables the produced ultra-pure recycled plastics to be reused in products.

Contact Anna Farrar afarrar@purecycle.com 954.647.7059

About PureCycle Technologies PureCycle Technologies LLC, a subsidiary of PureCycle Technologies, Inc., holds a global license to commercialize the only patented solvent-based purification and recycling technology developed by Procter & Gamble to restore waste polypropylene (PP) to Ultra-pure resin. Proprietary processes can remove colors, odors and other contaminants from recycled raw materials to produce ultra-pure polypropylene suitable for any PP market. To learn more, visit purecycle.com.

About EC30 EC30 is revolutionizing the household and personal cleaning industry and starting a carbon-neutral cleaning journey. Compared with traditional liquids, this patented P&G technology can reduce the impact of manufacturing, chemistry, and transportation on carbon dioxide emissions by up to 50%. For emissions that cannot be reduced by EC30, we invest in proven forest restoration to offset our direct carbon emissions. Learn more about our incredible product line at https://ec30clean.com/try-ec30

Forward-looking statements This press release contains forward-looking statements, including statements regarding the financial status and prospects of the PCT. In addition, any statement that refers to predictions, forecasts or other characteristics of future events or circumstances, including any basic assumptions, is forward-looking. Forward-looking statements are usually identified by words such as "plan", "believe", "anticipate", "anticipate", "intend", "expect", "estimate", "forecast", "project", "continue", etc., " ""Could", "may", "might", "possible", "potential", "predict", "should", "would" and other similar words, but the absence of these words does not mean that the statement is not forward-looking.

Forward-looking statements are based on the current expectations of PCT management, are inherently affected by uncertainties and environmental changes and their potential impact, and are only issued on the date of such statements. There is no guarantee that future development will be the expected development. These forward-looking statements involve many risks, uncertainties or other assumptions, which may cause actual results or performance to be materially different from those expressed or implied in these forward-looking statements. These risks and uncertainties include, but are not limited to, the factors described in the "risk factors", the factors discussed and determined in the public documents filed by the PCT with the U.S. Securities and Exchange Commission ("SEC"), and the following factors: Applicable regulatory requirements for the use of PCT UPRP (in the United States and abroad) in high-level applications; the ability of the PCT to continue to comply with many regulatory requirements applicable to UPRP and PCT facilities (in the United States and abroad); expectations and changes regarding the PCT strategy and future financial performance, Including its future business plans, expansion plans or goals, expected performance and opportunities, as well as competitors, revenue, products and services, pricing, operating expenses, market trends, liquidity, cash flow and use of cash, capital expenditures and PCT investment growth plans PCT was able to expand and build its first plant in Ironton, Ohio, in a timely and cost-effective manner; PCT was able to expand and build its first cluster facility in Augusta, Georgia, in a timely and cost-effective manner. PCT was able to license at P&G Maintain exclusive rights under the PCT (described below); implementation, market acceptance and success of the PCT business model and growth strategy; the success or profitability of the PCT offtake arrangement; the ability to purchase raw materials with high polypropylene content; the future capital requirements of the PCT And the source and use of cash; the ability of the PCT to obtain funding for its operations and future growth; developments and forecasts related to the PCT’s competitors and industries; the PCT is or may be the result of any legal process by the parties, including recent submissions Securities class action cases; geopolitical risks and changes in applicable laws or regulations; the possibility that the PCT may be adversely affected by other economic, commercial and/or competitive factors; operational risks; the COVID-19 pandemic and local, state, and federal responses The pandemic response measures may adversely affect the business operations of the PCT, as well as the financial condition and results of the operations of the PCT.

If one or more of these risks or uncertainties become reality, or if any assumptions made by PCT management prove to be incorrect, actual results may differ materially from those predicted in these forward-looking statements. different.

The cautionary statements contained or mentioned in this press release clearly define all subsequent written and oral forward-looking statements or other matters attributable to the PCT or anyone acting on their behalf. Except as required by applicable laws or regulations, PCT assumes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unexpected events.

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