Loop Industries, Inc.

a)The information set forth below is included herein for the purpose of providing the disclosure required under“Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.” of Form8*-K.***

On* October 9, 2025,Nicolas Lafond notified the Company of his resignation as Interim Chief Financial Officer of the Company, effective October 17, 2025,*in order to accept an opportunity to advance his career in a senior financial role outside of the Company. Mike De Notaris (49), currently Vice President, Corporate Development, is appointed as Interim Chief Financial Officer effective as of the same date. In this position, Mr. De Notaris will assume the responsibilities of Principal Financial Officer and Principal Accounting Officer of the Company.

Mr. De Notaris has served as Vice President, Corporate Development for the Company since* September 2021.Prior to joining the Company, he served as Head, Business Risk Division, Wholesale Banking at Abu Dhabi Commercial Bank. Mr. De Notaris brings a strong background in finance developed through25* years in diverse roles in credit and private equity at various financial institutions including Abu Dhabi Commercial Bank, Bank of Montreal and Istithmar Capital. Mr. De Notaris holds a Bachelor of Commerce from Concordia University and is a CFA Charterholder.

There areno family relationships between Mr. De Notaris and any director or executive officer of the Company, and there areno transactions between Mr. Lafond and the Company that would be required to be reported under Item404(a) of Regulation S-K.

b)The information set forth below is included herein for the purpose of providing the disclosure required under“Item1.01 Entry into a Material Definitive Agreement.” of Form8*-K.***

On* October 10, 2025,Loop Canada Inc. (the “Borrower”), a wholly-owned subsidiary of the Company, and the Company entered into AmendmentNo.* 3 (the “Amendment”) to the Credit Agreement dated* June 30, 2022 (*as previously amended, the “Credit Agreement”) with the Canadian Imperial Bank of Commerce (“CIBC”).

The Amendment removed the minimum equity covenant of*$2.55* million (CDN*$3.50* million), which had been tested quarterly, and clarified that the Company’s convertible preferred share instrument in the amount of*$10.65* million will be included in the equity calculation.

A copy of the Amendment will be filed as an exhibit to the Company’s next periodic report under the Exchange Act.

c) Insider trading arrangements

During thethree months ended* August 31, 2025*, no director or officer of the Company adopted or terminated a “Rule10b5-1 trading arrangement” or “non-Rule10b5-1 trading arrangement,” as each term is defined in Item408 of Regulation S-K.

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