 CONVERSION OF PILOT PLANT INTO INFINITE LOOPTM DEMONSTRATION AND TRAINING FACILITY OBTAINED NO-OBJECTION LETTER FROM THE FDA ADVANCED STAGES OF PRE-FEASIBILITY ENGINEERING DESIGN FOR INFINITE LOOPTM COMMERCIAL FACILITIES SITE PURCHASE IN BÉCANCOUR, QUÉBEC FOR PLANNED INFINITE LOOPTM PROJECT ADDITIONS TO LEADERSHIP TEAM TO EXECUTE COMMERCIALIZATION PLANS MONTREAL, QC ACCESSWIRE June 1, 2021 Loop Industries, Inc. NASDAQ:LOOP the Company or Loop, a clean technology company focused on accelerating a circular plastics economy by manufacturing 100 recycled polyethylene terephthalate PET plastic and polyester fiber, today reported its consolidated financial results for the fourth quarter and fiscal year ended February 28, 2021 and provided an update on commercialization efforts. Commercialization Update Conversion of Pilot Plant into Infinite LoopTM Demonstration Facility In Q3 2021, the Company decided to convert its Terrebonne, Québec pilot plant to an Infinite LoopTM demonstration and training facility. 