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 andMartha 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 effect21 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 companyPerstorp Group before recently selling it toPetronas . He also has significant public company experience, having served as the CEO ofClariant (SWX: CLN), and as a current board member ofElekta AB (Nasdaq Stockholm:EKTA B).Mr. Secher held a variety of senior executive roles atABB including membership on its Executive Committee. He is currently a Board Director of theEuropean Chemical Industry Council .Mr. Secher holds aM.Sc . in Industrial Marketing, Finance fromLinkoping 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 withMacquarie Infrastructure and Real Assets (a global leading private equity fund focused on environmental infrastructure) inNew York , helping grow the group's portfolio of waste management assets in theUSA .Dr. Crawford holds a PhD and MS in Chemical and Environmental Engineering fromHarvard University , an MBA from theFrench College des Ingenieurs, and an Executive Certificate inPrivate Equity and Venture Capital fromColombia Business School inNew York . The new board members andPeter 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 ofJan Secher (Chair),Ranjeet Gill Bhatia ,Carolyn Sarah Clarke ,Catherine Clinton Keenan ,Martha Crawford ,Steen Jacobsen andPeter 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," saidTim 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 inHouston and the launch of TruStyrenyx." AboutAgilyx 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. ContactsKate Ringier VP, Communications & Government Affairs + 41 43 883 0396 kate.ringier@agilyx.com
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