Press release
of Pyrum Innovations AG

Pyrum Innovations AG: Resignation from the Supervisory Board

Dillingen / Saar, 27 January 2022 - Pyrum Innovations AG ("Pyrum", the
"Company") announces that Mr. Jürgen Fischer has resigned as a member of the
Supervisory Board with immediate effect and thus leaves the Supervisory Board
before the end of his term. In the future, Mr. Fischer will focus on his tasks
at the subsidiary Pyrum Innovations S.A. and on supporting the sales of new
customer plants.
Pascal Klein, CEO of Pyrum Innovations AG, thanked Jürgen Fischer on behalf of
the entire Executive Board: "We would like to thank Mr. Fischer for his
dedicated support as well as the excellent and trusting collaboration and are
pleased that he will continue to actively support us in our growth plans."
Pyrum intends to fill the seat on the Supervisory Board in the upcoming
Supervisory Board elections at the next Annual General Meeting on 14 July 2022.

About Pyrum Innovations AG
Pyrum Innovations AG is active in the attractive recycling market for
end-of-life-tyres with its patented pyrolysis technology. Pyrum's pyrolysis
process is completely energy self-sufficient, saves up to 98% of the CO2
emissions normally generated during the disposal of end-of-life-tyres in a
cement plant and produces new raw materials such as pyrolysis oil, gas and
recovered carbon black from the waste used as input materials. In this way,
Pyrum closes the recyclable material loop and pursues a completely sustainable
business model. As a pioneer, Pyrum Innovations AG was the first company in the
end-of-life-tyre recycling sector to receive REACH registration from the
European Chemicals Agency (ECHA) for the pyrolysis oil it produces. This means
that the oil is recognised as an official raw material and can be used as a raw
material in production processes. In addition, Pyrum is continuously researching
both new input materials as well as new raw materials to be produced, for
example with the ongoing tests for the extraction of hydrogen from the gas
obtained by means of the patented technology. These achievements have also been
recognised by international experts in the tyre industry. For example, Pyrum won
the Best Tyre Recycling Innovation category at the inaugural Recircle Awards and
has been nominated for the "Grand Prix Mittelstand" ("Großer Preis des
Mittelstandes") from the German state of Saarland.

Contact
IR.on AG
Frederic Hilke
Phone: +49 221 9140 970
Email: pyrum@ir-on.com  
Pyrum Innovations AG
Dieselstrasse 8
66763 Dillingen / Saar
Email: presse@pyrum.net
https://www.pyrum.net

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