Pryme N.V. - changes to Pryme's supervisory board

Rotterdam, December 16th, 2024

Michiel Kool, vice-chair of the supervisory board of Pryme N.V. (the "Company"),
and Boudewijn van Vliet, member of the Company's supervisory board, have
tendered their resignation effective today.

Mr. Kool's and Mr. van Vliet's resignations follow the completion of the private
placement communicated earlier today through which the ownership structure of
the Company will significantly change. The two largest investors in the Company
will be represented on the Pryme supervisory board, each holding or controlling
more than 25% of the Company's shares following the private placement. The
resignations result in a smaller Pryme's supervisory board which is considered
to be more appropriate for the Company's size and complexity during this stage
of its development.

Mr. Kool joined the supervisory board as an independent member by decision of
the extraordinary general meeting of shareholders on October 11th, 2021, and
assumed the position of vice-chair since the extraordinary general meeting on
May 2nd, 2022. Michiel has been instrumental in professionalizing the Company's
orientation on good corporate governance and compliance, with a notable focus on
the Company's health, safety and environmental (HSE) policy, culture and
performance, and he has played a leading role in the Company's strategic
orientation.

Mr. van Vliet joined the supervisory board as a non-independent member by
decision of the extraordinary general meeting of shareholders on November 11th,
2022. Boudewijn has fortified the Company's orientation on relevant market
developments in its strategy-making and his guidance was pivotal to the Company
on its major procurement and commercial contracts.

The supervisory board thanks both Michiel Kool and Boudewijn van Vliet for their
valuable contributions to the Company during their tenure on the supervisory
board.

Following  the resignations from Mr. Kool and Mr. van Vliet, the Company's
supervisory board will consist of two non-independent members, Mr. Jan Willem
Muller, closely associated with the Company's shareholders Circular Plastics
Coöperatief U.A. and Circular Rotterdam B.V., and Mr. Emmanuel Colombel, closely
associated with the Company's shareholder Taranis Investment Limited, and of one
independent supervisory board member, Mr. Henning E. Jensen, who continues to
serve as chairman of the supervisory board. The independence of the supervisory
board is ensured  with the right for the chair to cast two votes on decision
topics and to carry the casting vote in the case of a tie in votes in accordance
with the Company's current articles of association.

This announcement is subject to disclosure requirements pursuant to the EU
Market Abuse Regulation and section 5-12 the Norwegian Securities Trading Act.
This stock exchange announcement was published by René de Graaf, General Counsel
of Pryme N.V., on December 16, 2024 at 23:45 CET on behalf of the Company.

For investor inquiries: ir@pryme-cleantech.com
About Pryme | www.pryme-cleantech.com
Pryme N.V. is an innovative cleantech company focused on converting plastic
waste into pyrolysis oil through chemical recycling on an industrial scale. Its
efficient and scalable technology is based on a proven process that has been
further developed and enhanced with proprietary characteristics.
The company has initialized production at its first plant in the port of
Rotterdam, with an expected nameplate intake capacity of about 26,000 tons of
plastic waste annually.
Pryme's ambition is to contribute to a low-carbon circular plastic economy and
to realize the large rollout potential of its technology through the development
of a broad portfolio of owned-operated plants with strategic partners.
The company is listed on Euronext Growth Oslo.
Pryme can be followed on LinkedIn.