Share Lending by Closely Associated Party of a Primary Insider

Agilyx ASA – Share Lending by Closely Associated Party of a Primary Insider NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Reference is made to the stock exchange notice published by Agilyx ASA (the "Company") regarding the successful placing of a private placement of new shares in the Company (the "Private Placement"). To arrange for settlement of the Private Placement, the Company has entered into a share lending agreement (the "Share Lending Agreement") with Saffron Hill Ventures 2 LP ("SHV") and DNB Markets, a part of DNB Bank ASA ("DNB Markets"). Pursuant the Share Lending Agreement and for the purposes stated above, SHV has lent out 7,261,135 shares to DNB Markets. The shares will be redelivered to SHV following registration of the share capital increase pertaining to the Private Placement. SHV is a close associate to board member Ranjeet Bhatia and the share lending is therefore a notifiable transaction pursuant to the Market Abuse Regulation article 19. Please see the attached forms for information regarding the share lending for more information. 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 chemical 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 waste polystyrene chemical recycling facility via pyrolysis enabling closed loop polystyrene plastic-to-plastic and holds 20 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 or follow us on LinkedIn. CONTACTS For investor inquiries: Louise Bryant SVP, Investor Relations & Sustainability +44 7813 210 809 louise.bryant@agilyx.com