Pryme N.V. – convertible loan from Taranis Investment Limited settled in full

17 Sep 2024 18:50 CEST

Rotterdam, 17 September 2024

Pryme N.V. (the “Company”) refers to the convertible loan of EUR 10,056,814 from
Taranis Investment Limited (“Taranis”) to the Company that replaced Taranis’
previous subscription to 10,620,777 shares in the Company’s private placement of
25 March 2024, as approved by the Company’s extraordinary general meeting on 25
June 2024. The convertible loan is payable exclusively in the form of a
conversion into shares in the Company’s capital. Today, the conversion took
place and the convertible loan agreement with Taranis has been settled in full.
A separate announcement on the related issuance of shares will be made today.

For investor inquiries: ir@pryme-cleantech.com

About Pryme | www.pryme-cleantech.com

Pryme N.V. is an innovative cleantech company focused on converting plastic
waste into pyrolysis oil through chemical recycling on an industrial scale. Its
efficient and scalable technology is based on a proven process that has been
further developed and enhanced with proprietary characteristics.

The company has initialized production at its first plant in the port of
Rotterdam, with an expected nameplate intake capacity of about 40,000 tons of
plastic waste annually.

Pryme’s ambition is to contribute to a low-carbon circular plastic economy and
to realize the large rollout potential of its technology through the development
of a broad portfolio of owned-operated plants with strategic partners.

The company is listed on Euronext Growth Oslo.

Pryme can be followed on LinkedIn.

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