Agilyx ASA (AGLX) – Cyclyx expands executive team

28 Apr 2025 17:38 CEST

OSLO, Norway – April 28, 2025 – Agilyx ASA (OSE: AGLX; OTCQX: AGXXF) (“Agilyx”
or “the company”) announces Cyclyx’s introduction of additional operational,
strategic, and commercial leadership that brings proven experience and strategic
focus to accelerate execution and commercial delivery of circularity centers.
Additionally, Cyclyx corporate headquarters have relocated to The Woodlands, TX
to better align with operational priorities.

Beginning in May, Walter Sopp will join as the company’s new Chief Operating
Officer and Vinny Pires will join as the Commercial Vice President. Chief Impact
Officer, Dr. Leslie Hushka, joined Cyclyx in January.

Sopp is a forward-thinking operations leader with more than 20 years of
experience building top-performing teams and organizations. He joins Cyclyx with
critical experience in starting up industrial facilities in the U.S., Australia
and China. He is an expert in operational planning, risk management and change
management. Besides his extensive experience in the energy and manufacturing
industry, he also served a distinguished career in the U.S. Marine Corps for 22
years.

Pires has nearly 25 years of experience in commercial management, strategy and
business development across the steel, mining and advanced materials industries
in South and North America. His experience in sales, marketing and strategy
within the manufacturing sector brings strategic value to Cyclyx. Pires holds an
MBA from The Wharton School of the University of Pennsylvania and MBA in
Commercial Management from FGV in Brazil.

Hushka joined Cyclyx with 25 years of experience in strategic engagements and
partnerships. She has built multiple sustainability-focused organizations and
programs in the corporate and non-profit sectors. In her energy industry career,
she helped create an award-winning advanced recycling program, defined and led
the Alliance to End Plastic Waste. She holds a Ph.D. in Pharmacology and
Toxicology from Purdue.

“The company continues to shift towards a disciplined and results-driven
approach as it works to revolutionize plastic recycling. These changes allow us
to concentrate resources on the capabilities required to deliver value, scale
effectively and meet the expectations of our partners.” said Cyclyx CEO, Chris
Yandell.

Yandell was named CEO in December. Under his direction, Cyclyx is undergoing a
pivotal phase of transformative growth. The company’s new leadership brings a
proven record and unified emphasis on operational execution and commercial
excellence.


ABOUT AGILYX
Agilyx ASA is at the forefront of advanced recycling, converting post-use
plastics into high-value feedstock and virgin-equivalent products. Through
Cyclyx, its joint venture with ExxonMobil (25%) and LyondellBasell (25%), Agilyx
supports the collection and processing of post-use plastic waste into
custom-formulated, high-quality feedstock solutions for global plastic
producers. Through Plastyx, its joint venture with Circular Resources (40%),
Agilyx provides critical feedstock to the European mechanical and advanced
recycling markets. Additionally, Agilyx markets TruStyrenyx, a polystyrene
advanced recycling solution that combines its Styrenyx depolymerization
technology with Technip Energies' purification process. By advancing from a
linear "make-take-waste" model to a circular economy, Agilyx advances the
transition to a low-carbon future.

CONTACT:
investors@agilyx.com

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