1 unchanged sentence
Disclosure Controls and Procedures
−Removed: Under the supervision and with the participation of our management, including our Chief Executive Officer and Interim Chief Financial Officer, we are responsible for conducting an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act, as at the end of the fiscal year covered by this report.
+Added: Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, we are responsible for conducting an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act, as at the end of the fiscal year covered by this report.
Disclosure controls and procedures means that the material information required to be included in our SEC reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to our company, including any consolidating subsidiaries, and was made known to us by others within those entities, particularly during the period when this report was being prepared.
2 unchanged sentences
Our management is responsible for establishing and maintaining adequate internal control over financial reporting for the Company.
−Removed: Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Exchange Act, as amended, as a process designed by, or under the supervision of, our Chief Executive Officer and Interim Chief Financial Officer and effected by our Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP in the United States of America and includes those policies and procedures that:
+Added: Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Exchange Act, as amended, as a process designed by, or under the supervision of, our Chief Executive Officer and Chief Financial Officer and effected by our Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP in the United States of America and includes those policies and procedures that:
Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect our transactions and dispositions of our assets;
1 unchanged sentence
Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.
−Removed: Management, under the supervision of our Chief Executive Officer and Interim Chief Financial Officer have performed an evaluation of our internal control over financial reporting under the framework in Internal Control-Integrated Framework (2013) , issued by the Committee of Sponsoring Organizations of the Treadway Commission.
+Added: Management, under the supervision of our Chief Executive Officer and Chief Financial Officer have performed an evaluation of our internal control over financial reporting under the framework in Internal Control-Integrated Framework (2013) , issued by the Committee of Sponsoring Organizations of the Treadway Commission.
The objective of this assessment was to determine whether our internal control over financial reporting was effective at February 28, 2026 .
1 unchanged sentence
Attestation Report of the Registered Public Accounting Firm
−Removed: This Annual Report on Form 10-K does not include an attestation report of the Company’s registered public accounting firm regarding internal controls over financial reporting.
+Added: This Annual Report on Form 10-K does not include an att estation report of the Company’s registered public accounting firm regarding internal controls over financial reporting.
Management’s report was not subject to attestation by our registered public accounting firm pursuant to law, rules and regulations that permit us to provide only management’s report in this Annual Report on Form 10-K.
33 unchanged sentences
The additional information required by this item regarding director independence and certain relationships and related party transactions is incorporated by reference to the information set forth in the sections titled “Transactions with Related Persons” and “Corporate Governance” in our Proxy Statement.
−Removed: ITEM 14.PRINCIPAL ACCOUNTANT FEES AND SERVICES
+Added: PRINCIPAL ACCOUNTANT FEES AND SERVICES
The information required by this section is incorporated by reference from the information in the section entitled “Proposal Two:
17 unchanged sentences
Description of Securities
−Removed: Filed herewith
Investors Rights Agreement, by and between SK Global Chemical Co., LTD, Loop Industries, Inc., and Daniel Solomita
28 unchanged sentences
July 15, 2021
−Removed: Securities Purchase Agreement, dated June 22, 2021, by and between SK Global Chemical Co.
−Removed: July 15, 2021
−Removed: Employment Agreement, dated March 22, 2023, by and between Loop Canada Inc.
−Removed: and Fady Mansour.
−Removed: Joint Venture Agreement, dated April 27, 2023, between SK Geo Centric Co., Ltd.
−Removed: and Loop Industries, Inc.
−Removed: July 12, 2023
−Removed: Employment Agreement, dated January 30, 2020, by and between Loop Canada Inc.
−Removed: and Stephen Champagne.
−Removed: July 14, 2020
Operating Credit facility dated July 26, 2022, by and between the Company, Loop Canada, Inc.
1 unchanged sentence
October 12, 2022
+Added: Amendment #2 to the Credit Agreement, dated June 30, 2022, between Canadian Imperial Bank of Commerce and Loop Canada Inc.
+Added: October 15, 2025
Enhanced Recycling Partnership Agreement, dated September 10, 2020, by and between Loop Industries, Inc.
10 unchanged sentences
and Reed Management SAS.
−Removed: Filed herewith
Securities Purchase Agreement, dated December 23, 2024, by and between Reed Circular Economy and Loop Industries, Inc.
−Removed: Filed herewith
Investors Rights Agreement, dated December 23, 2024, by and among Reed Circular Economy, Loop Industries, Inc.
and Daniel Solomita.
−Removed: Filed herewith
License Agreement, dated December 23, 2024, by and between Loop Industries, Inc.
and Reed Circular Economy, acting exclusively in the name and on behalf of Infinite Loop Europe SAS.
−Removed: Filed herewith
+Added: Securityholders Agreement, dated September 23, 2025, by and among the Company, reed Circular Economy and each other person who from time to time becomes a Securityholder, with Infinite Loop SAS and Mr.
+Added: Daniel Solomita.
+Added: January 14, 2026
+Added: The Market Offering Agreement, dated July 3, 2025, between the Company and Roth Capital Partners, LLC
+Added: Employment Agreement dated as of January 2, 2026, by and between Loop Canada Inc.
+Added: and Spencer Hart.
+Added: January 8, 2026
Code of Ethics
Insider trading policy
−Removed: Filed herewith
Subsidiaries of Registrant
10 unchanged sentences
Policy Relating to Recovery of Erroneously Awarded Compensation
−Removed: XBRL Instance Document
+Added: Inline XBRL Instance Document
Filed herewith
−Removed: XBRL Taxonomy Extension Schema Document
+Added: Inline XBRL Taxonomy Extension Schema Document
Filed herewith
−Removed: XBRL Taxonomy Extension Calculation Linkbase Document
+Added: Inline XBRL Taxonomy Extension Calculation Linkbase Document
Filed herewith
−Removed: XBRL Taxonomy Extension Definition Linkbase Document
+Added: Inline XBRL Taxonomy Extension Definition Linkbase Document
Filed herewith
−Removed: XBRL Taxonomy Extension Label Linkbase Document
+Added: Inline XBRL Taxonomy Extension Label Linkbase Document
Filed herewith
−Removed: XBRL Taxonomy Extension Presentation Linkbase Document
+Added: Inline XBRL Taxonomy Extension Presentation Linkbase Document
Filed herewith
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(principal executive officer)
−Removed: /s/ Nicolas Lafond
−Removed: Nicolas Lafond
−Removed: Interim Chief Financial Officer (principal accounting officer and principal financial officer)
+Added: /s/ Spencer Hart
+Added: Chief Financial Officer and Director (principal accounting officer and principal financial officer)
/s/ Laurence Sellyn
1 unchanged sentence
Lead Director
−Removed: /s/ Spencer Hart
/s/ Laurent Auguste
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.