Pryme N.V. — Investor Presentation 2021

Aug 24, 2021

Pryme BV - Q2 2021 update and presentation

Pryme BV - Q2 2021 update and presentation

Rotterdam, 25th of August 2021

Pryme BV , the innovative cleantech company, looks back on a successful Q2 filled with important developments that will help drive the company forward.

Main developments:

-Construction of first industrial-scale plant on track as planned - scheduled commissioning Q2 2022. With an initial annual plastic intake of 40,000 mt, which will grow to 60,000 mt by 2024, it is poised to set a new standard in plastic recycling.

-Filled the two most critical management functions (plant manager and rollout manager) with high calibre candidates, which solidifies the team and enhances Pryme’s engineering and processing capabilities.

-Nominated two experienced independent directors, to set the stage for solid governance, strategy and management control to capture the attractive growth potential of the chemical recycling sector.

-Decision made to locate R&D plant at the University of Ghent

-Signed asset-backed loan of EUR 8.2 million, which represents 35-40% of projected capex and is an important marker in the company’s ambition to finance a major part of its future investments through non-dilutive funding.

-Secured a game-changing strategic partnership with a major petrochemical company; an important validation of Pryme’s technology and strategy.

Pryme highlights the enormous potential of its technology and strategy. The company’s pure play pyrolysis approach is inherently cost efficient and brings scale to the rapidly developing sector of plastic recycling. Over the past months it has seen confirmation on some of the key assumptions in its business case and is well on track to create substantial value for its shareholders.

The company presentation covering the developments in Q2 is attached.

Pareto will host an investor presentation today at 11:00 CET. Please register at: events.no@paretosec.com

Company contact: Boudewijn van Vliet, executive director

Email: ir@pryme-cleantech.com

About Pryme | www.pryme-cleantech.com

Pryme BV is an innovative cleantech company focused on converting plastic waste into valuable products through chemical recycling on an industrial scale. Its efficient and scalable technology is based on a proven pyrolysis process that has been further developed and enhanced with proprietary characteristics. The company is currently building its first plant in the Port of Rotterdam with an annual intake of 60,000 mt, which will start production in 2022.

Pryme’s ambition is to contribute to a low-carbon, circular plastic economy and to realize the enormous rollout potential of its technology through the development of a portfolio of owned-operated plants with strategic partners.

The company is listed on the Oslo Euronext Growth Exchange.