Press Release
of Pyrum Innovations AG

Perl municipal council approves the amendment to the development plan for the
second Pyrum-owned plant in Perl 

o	The development plan only provides for the construction of a tyre thermolysis
plant by Pyrum GreenFactory II GmbH
o	Final application documents for the early start of construction are currently
being prepared
o	Groundbreaking planned for the second half of 2024

Dillingen / Saar, 21 May 2024 - The municipal council of Perl voted last week on
the amendment to the development plan for the site of the new plant of Pyrum
Innovations AG ('Pyrum', the 'Company', ISIN: DE000A2G8ZX8) and approved by a
majority the amendment to the statutes and thus the new development plan.
Accordingly, the construction of a tyre thermolysis plant by Pyrum GreenFactory
II GmbH on the property was exclusively approved. Furthermore, the
implementation agreement between the municipality of Perl and Pyrum Innovations
AG was signed, which, among other things, stipulates the forest compensation
areas for the building site. All comments from authorities, public bodies and
the local population were also discussed and taken into account.

Pascal Klein, CEO of Pyrum Innovations AG: "We are very pleased with the support
of the Perl municipal council in the process of building our second Pyrum-owned
plant in Perl-Besch. I would especially like to thank the mayor, Mr Uhlenbruch,
and his team for their excellent cooperation and commitment. With the approval
of the amendment to the statutes of the development plan, nothing stands in the
way of further planning work and the planned groundbreaking in the second half
of 2024."

The final application documents for the early start of construction are
currently being prepared and are expected to be finalised and submitted by the
beginning of July 2024 . Once the application documents have been approved, the
groundbreaking will take place at the new site in Perl-Besch .

About Pyrum Innovations AG
Pyrum Innovations AG is active in the attractive recycling market for
end-of-life tyres and various plastics with its patented thermolysis technology.
Pyrum's thermolysis process is largely energy self-sufficient and, according to
the Fraunhofer Institute, saves significantly more CO2 emissions than today's
standard recycling processes for end-of-life tyres - especially compared to
incineration in cement plants - and produces new raw materials such as
thermolysis oil, gas and recovered carbon black from the waste used as input
materials. In this way, Pyrum closes the recyclable material loop and pursues a
completely sustainable business model. As a pioneer, Pyrum Innovations AG was
the first company in the end-of-life tyre recycling sector to receive REACH
registration from the European Chemicals Agency (ECHA) for the thermolysis oil
it produces. This means that the oil is recognised as an official raw material
that can be used in production processes. In addition, Pyrum has received ISCC
PLUS certification for the thermolysis oil and the recovered carbon black. Both
products are thus considered sustainable and renewable raw materials. In
addition, Pyrum has received ISO 14001 certification for its environmental
management system and ISO 9001 certification for its quality management system.
These achievements have also been recognised by international experts in the
tyre industry. For example, Pyrum won the Best Tyre Recycling Innovation
category at the inaugural Recircle Awards and has been a finalist in the Grand
Prix of German SMEs (Großer Preis des Mittelstandes) three times in a row.
www.pyrum.net 

Contact 
IR.on AG 
Frederic Hilke 
Phone: +49 221 9140 970	 
E-mail: pyrum@ir-on.com  

Pyrum Innovations AG
Dieselstraße 8
66763 Dillingen / Saar	
E-mail: presse@pyrum.net