GreenDot acquires Italian advanced mechanical recycler Forplast SpA

OSLO, Norway Dec 8, 2025 - Agilyx ASA (OSE: AGLX: OTCQX: AGXXF: ISIN:NO0010872468: WKN: A2QGQ) ("Agilyx" or the "Company") reports GreenDot'sacquisition of 80% of Forplast SpA, a quality Italian compounder of recycledhigh-density polyethylene and recycled polypropylene products, expandingGreenDot´s capabilities and business footprint. The all-cash transactionincluded an initial payment in 2023 and a final payment made at closing, fullyfunded by existing GreenDot cash reserves. Forplast is expected to make anEBITDA contribution in 2026 and reach annual revenues of over 50m euros by2030.The transaction strengthens GreenDot's leadership in mechanical recycling ofhousehold plastic packaging waste and in compounding quality recyclates backinto high-value plastic end products, with a focus on bottle-to-bottle andpipemanufacturing. The integration provides Forplast with access to additionalplastic waste feedstock and gives GreenDot access to market-leading technicalknowledge that will be leveraged to improve quality and margins at GreenDot´sexisting mechanical recycling facilities. The investment further contributestothe European plastic packaging circular economy objectives, to the industrydecarbonization challenges, and, in particular, to the 2030 recycled contenttargets for plastic packaging under the EU Packaging and Packaging WasteRegulation PPWR.Laurent Auguste, GreenDot CEO, said: "We are delighted to have Forplast jointheGreenDot Group. Together, we will increase our offer to converters and brandsoftrue,100% bottle-to-bottle grade circular economy solutions. The expertisedeveloped by Forplast over the years is unique. GreenDot will enable Forplasttomeet its full business potential and contribute to broadening its marketreach.This integration confirms GreenDot's ambition to take a leadership position inmechanical recycling of plastic packaging in Europe. It also evidences theattractiveness of the GreenDot team to entrepreneurs in the plastic recyclingindustry at a time of great transformation of this market."ABOUT AGILYXAgilyx ASA is a leading global investment platform supporting the developmentofplastic waste feedstock supply to the recycling industry. Through its 44%stakein GreenDot Global, Europe's largest waste plastic recycling platform,generating over EUR 400 million in annual revenues, Agilyx gains access tolargevolumes of post-use plastic and advanced sorting and recycling infrastructureinGermany, Austria, and Italy, helping supply critical European-sourcedfeedstockto the European advanced recycling markets. Through Cyclyx, its (50%) jointventure with ExxonMobil (25%) and LyondellBasell (25%), Agilyx supports thecollection and processing of post-use plastic waste into custom-formulated,high-quality feedstock solutions for global plastic producers. Agilyx marketsStyrenyx, its proprietary advanced recycling technology, to recyclepolystyrenewaste into recycled styrene monomers for reuse in new, high-quality products.Byenabling the shift from a linear "make-take-waste" model to a circulareconomy,Agilyx helps solve the crisis of plastic waste and supports the globaltransition to a low-carbon future. Inquiries: investors@agilyx.comLearn more at: www.agilyx.comFor media resources, visit: https://www.agilyx.com/media-room/https://newsweb.oslobors.no/message/661465