TIGARD, Oregon, USA - September 13, 2021 - Agilyx Corporation (AGLX), a wholly
owned subsidiary of Agilyx AS (Euronext Growth (Oslo): "AGLX") and a pioneer in
the chemical recycling of post-use plastics has been granted a patent
continuation for its process of breaking down waste polystyrene into its
chemical building block, styrene monomer. The continuation of US patent number
11,041,123 further confirms Agilyx's depolymerization technology extends to the
breaking down of all waste plastic polymers into their respective discrete
monomers and is not only limited to polystyrene. This patent demonstrates the
versatility of Agilyx's innovation portfolio while continuing to advance its
position as a leader in the depolymerization of waste plastics.

"This patent continuation demonstrates the robustness and versatility of the
Agilyx technology, not restricting our claims to polystyrene to styrene monomer;
thereby, expanding our patent coverage to depolymerization of polymers back to
the monomer level, enabling greater circularity for more plastics," stated Dr.
Chris Faulkner, CTO at Agilyx. "Essentially, our process has not changed. We are
using the same technology on the same machinery, though it may be operated in a
slightly different way depending on the polymer. The recognition that this
technology applies to a broader range of polymers is an exciting advancement in
our mission to increase recycling and circularity of post-use plastics."


About Agilyx
Agilyx (AGLX) is an early leader in the advanced recycling of
difficult-to-recycle post-use plastics. With Agilyx's chemical recycling
technology, mixed plastic waste or streams of discrete post-use plastics, such
as polystyrene, can be converted to new virgin-equivalent plastics, as well as
chemical products and fuels - creating the opportunity for true circularity. The
company has not only developed these first-to-market products but has also
developed a feedstock management company, Cyclyx International, LLC, and is
partnering with a range of waste service providers, municipalities,
petrochemical, and brand and retail companies to develop closed-loop recycling
solutions for mixed waste plastics. www.agilyx.com.

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

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