Agilyx ASA settles legal proceedings, majority of claimant´s share options forfeited

OSLO, Norway – 14 April 2026 - Agilyx ASA (OSE: AGLX: OTCQX: AGXXF: ISIN: NO0010872468: WKN: A2QGQ) ("Agilyx" or the "Company") has entered into a settlement agreement with seven former employees, resolving all disputes and legal proceedings before Oslo District Court relating to stock options granted under the Agilyx ASA 2020 Stock Incentive Plan.

Under the settlement, 100% of the options held by five former employees are cancelled. Two of the former employees retain a limited number of options, with option exercise windows at the discretion of the Board and subject to volume limitations.

In return for the cancellation of share options, Agilyx has waived its awarded and potential further cost claims arising from the proceedings. The settlement includes customary mutual releases, confidentiality provisions, and no admission of liability, and is governed by Norwegian law.

The proceedings are being withdrawn with prejudice, and each party will bear its own legal costs.

About Agilyx

Agilyx ASA is a publicly listed, technology-agnostic leader in plastic recycling, focused on converting plastic waste into circular products and value-creating solutions for the global plastics value chain. The Company works with blue-chip partners and operates across mechanical and chemical recycling, and proprietary technology development. Agilyx has operating exposure in Europe through its ownership stake in GreenDot, a leading platform for sourcing, processing, and supplying recycled plastic feedstock, and in the US through strategic commercial arrangements and technology deployment. With funded projects, reduced capital intensity, and a clear strategic focus, Agilyx is positioned to drive sustainable growth and long-term value creation in the circular plastics economy. Inquiries: investors@agilyx.com Learn more at: www.agilyx.com For media resources, visit: https://www.agilyx.com/media-room/