Agilyx ASA secures 22nd patent for enhanced plastic depolymerization technology; patent advances company's waste-to-value recovery capabilities in polystyrene recycling

OSLO, Norway – December 12, 2024 – Agilyx ASA (OSE: AGLX; OTCQX: AGXXF) (“Agilyx” or “the company”)is pleased to announce the issuance of patent US 12,139,671 B2 further demonstrating Agilyx’s expertise and leadership in the waste plastic to value recovery space. This patent builds on existing depolymerization patents, incorporating technology for enhancing process performance and product recovery. Commenting on the granting of the patent, Chris Faulkner, Chief Technology Officer at Agilyx stated: “With this latest patent, Agilyx continues to demonstrate innovation and technology leadership in waste plastic depolymerization and valuable product recovery. We are proud to offer integrated solutions that increase plastic recycling rates and lead the way towards plastic circularity.” This latest patent is the result of specialist in-house research and development reflecting the deep technical know-how and commercial-scale operations that Agilyx has built since the company was founded in 2004. Corresponding PCT and international filings are pending. ABOUT AGILYX Agilyx ASA is at the forefront of plastic waste recycling, enabling the conversion of challenging post-use plastics into high-value, virgin-equivalent products. Recognizing that availability of high-quality custom feedstock is critical for scaling recycling processes, Agilyx, through its Cyclyx joint venture, provides tailored feedstock solutions to global plastic producers. By advancing from a linear "make-take-waste" model to a sustainable circular economy, Agilyx supports the transition to a low-carbon future. Our adaptable approach ensures bespoke solutions, leveraging extensive IP and Cyclyx’s feedstock expertise to meet diverse customer needs. For more information, visit Agilyx’s corporate website www.agilyx.com CONTACTS For investor inquiries: investors@agilyx.com