Agilyx ASA – Notice of Conditional Call Option

OSLO, Norway, February 9, 2026 - Agilyx ASA (OSE: AGLX: OTCQX: AGXXF: ISIN: NO0010872468: WKN: A2QGQ) ("Agilyx" or the "Company") references the stock exchange announcement made by the Company on 2 February 2026, in which it was stated, inter alia, that the Company would redeem its USD 50 million senior secured bond on a make-whole basis.

Agilyx has notified Nordic Trustee AS (the "Bond Trustee") of the conditional exercise of its call option for the outstanding bonds in the bond issue "Agilyx ASA 13.50% senior secured USD 50,000,000 bonds 2024/2027" (ISIN: ISIN NO0013388413), and each bondholder is hereby given notice thereof.

The call option notice is attached hereto. The outstanding bonds will be called at 108.12633 per cent of the Nominal Amount (plus accrued and unpaid interest), with call option repayment date 31 March 2026.

The exercise of the call option is conditional upon completion of the agreement between Agilyx, ExxonMobil and LyondellBasell, as announced by Agilyx on 2 February 2026, where completion, inter alia, includes the payment by Cyclyx International LLC of at least USD 14,000,000 to Agilyx.

Agilyx will notify the Bond Trustee and the bondholders upon satisfaction or waiver of the condition precedent for the exercise of the call option through the publication of a press release. The exercise of the call option shall be automatically cancelled if the condition has not been satisfied or waived by Agilyx at the latest on 26 March 2026.

About Agilyx

Agilyx ASA is a leading global investment platform supporting the development of plastic waste feedstock supply to the recycling industry. Through its 44% stake in GreenDot Global, Europe's largest waste plastic recycling platform, generating over EUR 400 million in annual revenues, Agilyx has access to large volumes of post-use plastic and advanced sorting and recycling infrastructure in Germany, Austria, and Italy, helping supply critical European-sourced feedstock to the European recycling markets. Agilyx markets Styrenyx, its proprietary advanced recycling technology, to recycle polystyrene waste into recycled styrene monomers for reuse in new, high-quality products. By enabling the shift from a linear "make-take-waste" model to a circular economy, Agilyx helps solve the crisis of plastic waste and supports the global transition to a low-carbon future.

Inquiries: investors@agilyx.com Learn more at: www.agilyx.com For media resources, visit: https://www.agilyx.com/media-room/