Agilyx (AGLX) investor relations material

Strategic reorganization and risk reduction

• Eliminated near-term CapEx and funding risk by transferring US assets to partners, unwinding commitments, and fully redeeming the USD 50 million senior secured bond, materially deleveraging and strengthening the balance sheet.

• $67.5 million in future CapEx and $8 million annual OpEx exposure eliminated, with $7 million annual interest savings.

• Lease liability of $32.7 million for the Dallas-Fort Worth facility is now non-recourse, with subleasing options under consideration.

• Achieved or will assume 100% ownership of Cyclyx, consolidating IP, data, and commercial relationships, enabling greater integration and flexibility.

• Maintained a 10-year, 50,000-ton annual offtake agreement with ExxonMobil, with added flexibility to supply from Europe or the US, and a ROFR for an additional 50,000 tons.

Financial position and liquidity

• Immediate cash visibility through mid-2026, with ongoing cash needs now modest and convertible bond framework available for additional funding.

• After bond redemption, only convertible bonds remain as debt at Agilyx; GreenDot holds €65 million net debt with €20 million EBITDA expected in 2026.

• Maintenance CapEx at GreenDot is €3–5 million annually, with interest costs of €4–5 million per year.

• Will use cash proceeds and USD 40 million in escrow to fully redeem the senior secured bond, totaling USD 54.1 million.

• Structure simplification and deleveraging result in minimal funding requirements and improved financial flexibility.

European growth and GreenDot outlook

• Focus shifting to profitable European growth, leveraging GreenDot's EPR and mechanical recycling business, with significant expansion in high-margin advanced recycling.

• GreenDot generated €12 million EBITDA in 2025, expects over €20 million in 2026, and targets €100 million by 2030, with revenues projected to exceed €1 billion.

• Plans to grow collected plastic from 300,000 to 752,000 tons and expand mechanical and advanced recycling capacities by 2030.

• GreenDot's continued execution includes the Forplast acquisition and exclusivity on another M&A transaction.

• High-quality pipeline of further European assets under evaluation and discussion.