Agilyx — Board/Management Information 2023

Oct 26, 2023

Tim Stedman to step down as Chief Executive Officer of Agilyx

Tim Stedman to step down as Chief Executive Officer of Agilyx

Agilyx ASA (OSE: AGLX; OTCQX: AGXXF) announces that Tim Stedman, CEO, has resigned from his position for personal reasons. Tim will remain in his role until the end of December. A search is underway for his successor and an update will be provided as appropriate. Jan Secher, Chairman since October 2022, will become working Chairman for the interim period.

Jan Secher said: “On behalf of the whole company, I would like to thank Tim for his commitment and dedication to Agilyx over the past three years. The company has made significant progress over the period of his tenure.”

Tim Stedman said: “My time at Agilyx has been very exciting and I look forward to following the company’s progress in the future.”

Enquiries

Louise Bryant, SVP Corporate Development

+44 7813 210 809

Louise.bryant@agilyx.com

Notes to editors

Agilyx ASA is a technology company that enables customers to recycle difficult-to-recycle post-use plastics to high value, virgin-equivalent products. With a focus on diversion and conversion of plastic waste, Agilyx is uniquely positioned with a molecular recycling technology offering and an integrated feedstock solution by way of Cyclyx, an innovative feedstock management consortium of partners that drives up global plastic recycling rates by chemically fingerprinting plastic waste and matching it to appropriate recycling processes. Agilyx was the first to establish a commercial-scale waste polystyrene chemical recycling facility via pyrolysis enabling closed-loop polystyrene plastic-to-plastic and holds 20 patents. Agilyx conversion technology utilizes pyrolysis without a catalyst and can convert mixed waste plastic to naphtha and fuels or depolymerize specific plastics such as polystyrene and PMMA (acrylic) back into virgin-quality products. Learn more at www.agilyx.com.