Agilyx (AGLX) DNB Carnegie's Energy & Shipping Conference presentation summary

Market opportunity and regulatory environment

• EU recycled-content mandates and regulatory clarity are driving strong demand for recycled plastics, with advanced recycling now formally recognized and mass balance accounting approved for compliance targets through 2040.

• A structural supply gap in European recycled plastics presents significant growth opportunities, with content targets for packaging rising to 65% by 2040.

Platform overview and strategic positioning

• Operates as a specialized plastic waste investment platform with 20 years of operational history and 22 patents, holding a 44% stake in Green Dot, a leading European recycling platform.

• Financially positioned for growth, with self-financed operations and funding secured through 2027.

• Recent restructuring includes full ownership of Cyclyx IP and data, senior bond redemption, and a pivot to focus on Green Dot as the primary value creator.

Green Dot operational performance

• Green Dot controls large volumes of plastic waste, processing ~1 million tonnes of packaging and 300,000 tonnes of plastic annually, with facilities across Europe.

• Stable gross margins and profitable core operations, with 2025 revenues projected at ~€400m and EBITDA at ~€12m, rising to €22-24m in 2026.

• Mechanical recycling facilities are being upscaled for higher quality output, and advanced recycling enables food-grade quality polyolefin recycling.