Oslo, Norway - August 6 2026: Agilyx ASA (Euronext Oslo Børs: AGLX: Frankfurt:5NQ)("Agilyx" or the "Company") announces it has entered into an agreement to terminate the long-term lease for the Dallas-Fort Worth facility, previously intended to house the second Cyclyx Circularity Center.
As announced on 2 February 2026, Agilyx disclosed a potential lease liability of approximately USD 32.7 million, with mitigating actions, including subleasing, to be pursued as appropriate. The termination agreement fully resolves the Company’s remaining obligations under the lease, does not require any additional cash payment by Agilyx, and eliminates the potential lease liability.
The termination represents a further step in simplifying the Group's structure and reducing Agilyx's capital and operating commitments, following the reorganization of Cyclyx.
About Agilyx
Agilyx ASA is a leading global investment platform supporting the development of plastic waste feedstock supply to the recycling industry. Through its majority holding in GreenDot Global, Europe's largest waste plastic recycling platform, Agilyx has access to large volumes of post-use plastic and advanced sorting and recycling infrastructure in Austria, France, Germany, Italy, and Spain. Through arcLABS, Agilyx provides characterization and identification services for plastic streams that can be converted into feedstock matched to recycling processes. Agilyx also markets Styrenyx, its proprietary chemical recycling technology for polystyrene waste. By enabling the shift from a linear "make-take-waste" model to a circular economy, Agilyx helps solve the plastic waste crisis and supports the global transition to a low-carbon future.
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