Cyclezyme (CYCLE) Investor update summary

Partnership expansion and project preparation

• Collaboration with a leading recycling and environmental technology partner is deepening to prepare a major joint development project targeting enzymatic recycling of polyester-based plastic streams at a pre-industrial scale.

• Successful feasibility study demonstrated strong results on real plastic flows, supporting the move toward larger-scale development.

• Significant volumes of low-grade PET, currently incinerated, have been identified as suitable for enzymatic recycling, offering both climate benefits and market potential.

Project scope and technical focus

• The upcoming project will include in-depth analysis of process side streams and residues to optimize the recycling process and inform future techno-economic assessments.

• Production of customer samples is central, enabling direct engagement with future users and adaptation to market quality requirements.

Stakeholder engagement and updates

• A digital update for shareholders and stakeholders is scheduled for February 5 at 18:45, featuring a company status update and Q&A session.

• The meeting will cover ongoing customer projects, partnerships, and next steps in commercial development, with a recorded version available afterward.