Agilyx ASA (OSE: AGLX; OTCQX: AGXXF) ("Agilyx" or "the company"), a technology
company that enables customers to recycle the most challenging post-use plastics
to high value, virgin-equivalent products, announced changes to its board,
including the appointment of two new directors: Jan Secher and Martha Crawford,
whose combination of chemical and waste industry, public company, regulatory and
ESG executive experience will be a strong addition to the current board. Peter
Norris will step down as Board Chair but will remain on the Board. These changes
took effect 21 October 2022, following the company's extraordinary general
meeting (EGM). 

Jan Sacher, who has been elected as Chair of the Board of Directors, brings deep
chemical industry executive experience and served as CEO of Swedish specialty
chemical company Perstorp Group before recently selling it to Petronas. He also
has significant public company experience, having served as the CEO of Clariant
(SWX: CLN), and as a current board member of Elekta AB (Nasdaq Stockholm: EKTA
B). Mr. Secher held a variety of senior executive roles at ABB including
membership on its Executive Committee. He is currently a Board Director of the
European Chemical Industry Council. Mr. Secher holds a M.Sc. in Industrial
Marketing, Finance from Linkoping University.

Martha Crawford brings extensive executive experience in the chemicals,
engineering and consumer goods industries. During her 25-year career, she has
led R&D and product development as Chief Technology Officer for large
multinationals (Air Liquide, Orano, L'Oreal), and has served on the board of
public companies in engineering design and environmental services
(Altran/CapGemini, Suez). Crawford also brings deep expertise in environmental
regulation, having served as Principal Administrator of the OECD´s Environmental
Performance and Information Division. Crawford is presently an Operating Partner
with Macquarie Infrastructure and Real Assets (a global leading private equity
fund focused on environmental infrastructure) in New York, helping grow the
group's portfolio of waste management assets in the USA. Dr. Crawford holds a
PhD and MS in Chemical and Environmental Engineering from Harvard University, an
MBA from the French College des Ingenieurs, and an Executive Certificate in
Private Equity and Venture Capital from Colombia Business School in New York.

The new board members and Peter Norris have all been elected for a two-year term
that expires at the annual general meeting in 2024. The Agilyx Board of
Directors now consists of Jan Secher (Chair), Ranjeet Gill Bhatia, Carolyn Sarah
Clarke, Catherine Clinton Keenan, Martha Crawford, Steen Jacobsen and Peter
Norris.

"I would like to extend my thanks to Peter both on my own behalf as well as on
behalf of the wider Company for his leadership and guidance as Chairman of the
Board and am very pleased that he will remain on the Board at the same time as
we welcome both Jan and Martha," said Tim Stedman, CEO. "Jan and Martha are
outstanding additions to our Board at a time of strong fundamentals for growth
as exemplified with recent announcements such as the Cyclyx Circularity Center
in Houston and the launch of TruStyrenyx."

About Agilyx
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 closed
loop plastic-to-plastic chemical recycling facility and holds over 17 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. 

Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
kate.ringier@agilyx.com

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