Agilyx Investor Presentation - 6.2019

Making plastic a renewable resource
Investor Presentation
Confidential & Proprietary | Agilyx Corporation ©
June 2019
Safe Harbor Statement
This discussion document prepared by Agilyx Corporation (the “Company”) includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995.
Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2019 and beyond could differ materially from the
Company’s current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and
other similar expressions that indicate trends and future events.
Factors that could cause the Company's results (and the Company’s estimates relating to its business) to differ materially from those expressed in forward-looking statements include,
without limitation: 1) variation in demand and acceptance of the Company's products and services, 2) the frequency, magnitude and timing of costs, revenues and adoption by
potential customers, 3) the renewal, expansion, or loss of the Company’s contracts with current customers, 4) general business and economic conditions beyond the Company's
control, 5) the consequences of competitive factors in the marketplace including the ability to attract and retain customers, 6) results of continuous improvement and other cost-
containment strategies, and 7) the Company's success in attracting and retaining key personnel. The Company undertakes no obligation to revise or update forward-looking
statements as a result of new information, since these statements may no longer be accurate or timely.
2
Table of Contents
Main Sections Supporting Information

1 Plastic Data 38
Investment New Life Agilyx Market Agilyx About Us 2 The Agilyx Process 43
Summary for Waste Solution Dynamics Economics
Plastic 3 Cyclyx Supply Chain Syndicate 48
Page Page Page Page Page Page

4 Financial Information 53
04 05 11 17 22 27
3
Investment Summary
Agilyx is raising growth capital to accelerate expansion of its commercial platform and geographic footprint.
Comprehensive Solution Proven Technology Platform Large Market Opportunity

Agilyx has developed a comprehensive platform that Agilyx uses a proprietary thermochemical conversion Global production of various plastics exceeds 350
combines a robust set of technologies, a feedstock system in combination with a sophisticated feedstock million tons per year with a 9% annual growth rate.
management system, data analytics, and predictive management system to convert all waste plastics into Only 10% of those plastics are recycled, creating a
modeling to convert difficult-to-recycle plastics to a variety of high-value, low-carbon products. $180 billion+ addressable market.
new plastics, valuable chemicals, and synthetic fuels.
Commercial Track Record Experienced Team Raising Growth Capital

Agilyx has established itself as a leading expert in the Agilyx is led by industry veterans with deep experience Agilyx is raising a growth capital round to support
chemistry of waste plastic, has commercially and proven success in waste, recycling, conversion expansion of its production capacity and
produced and sold multiple products, has a growing technologies, chemicals, and fuels. The team has geographic footprint. The company is raising $30
list of strategic partners, and is the only company to commercialized 15 different waste-to-value technologies. million with a targeted close date in Q3 2019. This
achieve registration of a fuel made from waste plastic financing is the last expected before achieving a
under the Toxic Substances Control Act (TSCA). cash flow positive run rate.
4
New Life for Waste Plastics
Agilyx is the leader in transforming plastic into a renewable resource.
5
Plastic is essential to our everyday lives. But there has been no good solution for
plastic recycling.
350 million tons of plastic are produced globally each year – Globally, only 10% of plastic is ever recycled, leading
and production is growing quickly. to serious environmental problems and wasted
resources.
6
Why is only 10% of Plastic Recycled Each Year?
Waste New Product Supply

Complexity Quality Requirements Chain Complexity
Waste Plastic Streams have Hydrocarbon Products Require Much Waste System is Not Designed for a
Tremendous Variability Tighter Specifications Closed-Loop Supply Chain
• Complexity and diversity of polymer • Hydrocarbon products require • Existing recycling infrastructure not
composition in waste supply discrete product specifications designed for chemical recycling
• Significant variability in • Quality control and product stability • Waste plastic is decentralized, needs
contamination levels are very important to be aggregated
• Hydrocarbon production requires • Scale imbalance between volume of

large and stable offtake partnerships plastic input required vs. quantity of
finished product
7
Agilyx’s integrated solution dramatically How? The Agilyx solution integrates five
increases plastic recycling. pillars to address recycling complexity.
Proprietary Technology Platform
Integrated Feedstock Management
Research & Development
Data & Analytics
Predictive Modeling
8
The Agilyx Solution is Underpinned by a Flexible, Proprietary Technology Platform that
Converts Waste Plastic …
We use pyrolysis to return plastic to its molecular components, enabling the chemical recycling of waste plastic into new,
valuable products.
Plastic Preparation Pyrolysis Product Recovery Product Storage

Waste feedstocks arrive from The preconditioned feedstock enters a The syngas is collected and cooled. A The products are stored for either
numerous sources and are proprietary dual screw, continuous feed condensate is produced which is onsite transfer to a colocation partner
preprocessed to defined quality pyrolysis reactor with multiple heating further processed to a substrate oil or or for shipping to an offsite partner
control standards. Once prepared, the zones. The reactor breaks the chemical directly to a finished product, such as for further processing depending on
feedstock enters the pre-melt system bonds in the feedstock and produces a new polymer or low-carbon, low- the products produced.
where the material is conditioned for syngas ready to be reformed. sulphur fuel.
the next step.
9
… Into a Variety of Low-Carbon, High-Value Products
The Agilyx platform can make a variety of new products from waste plastic – such as base feedstocks, discrete polymers,
or drop-in fuels – each helping to take the plastic recycling rate from 10% to 90%.
Discrete Polymers Polymer Base Stocks Low-Carbon Fuels

Styrene Naphtha VGO Crude Oil
PET Olefin Jet Fuel
Acrylic Polypropylene Bunker Oil
Polyethylene Diesel
High-quality, industrial-grade styrene that is ready to Low-sulphur, ultra-low residuals for drop-in to existing Low-carbon, sustainable oil made from mixed waste
be dropped into existing polystyrene manufacturing olefin manufacturing facilities (polypropylene and plastic ready to be refined into drop-in fuels.
facilities, with similar pathways for PET and acrylic. polyethylene) or use as a naphtha feedstock.
Confidential &
Confidential & Proprietary
Proprietary || Agilyx
Agilyx Corporation
Corporation ©
©
10
The Agilyx Solution
We have built a unique and comprehensive platform around a proprietary

technology suite that addresses the complexities of recycling plastic.
1 2 3 4 5
Proprietary Integrated Research & Data & Predictive
Technology Feedstock Development Analytics Modeling
Platform Management
11
1 Proprietary Technology Platform
Our technology reflects 15 years of ongoing improvement, resulting in a Hallmarks:

proprietary system with continuous, catalyst-free processing of a broad
range of feedstocks. Proprietary System
Continuous Process for High Throughput
No Scale Risk: System Commercialized for Decades
No Catalyst Required: Accepts Broad Range of

Plastic Feedstocks
Robust: Handles Feedstock Contamination
Versatile: Makes Variety of Low-Carbon Products
Integrated Data Collection and Monitoring
Fully Automated System Operations
Cost Competitive to Commodity Products
12
2 Integrated Feedstock Management
Proven conversion technology is only one part of recycling success. An important part is a sophisticated feedstock
management system to characterize, collect, preprocess, and inventory plastic for processing. Agilyx has that system.
Collect Inventory
Characterize & Qualify Preprocess Delivery to

Waste Plastic facility
Agilyx has deep feedstock management expertise and is building Cyclyx, a syndicated supply chain system, to
take that expertise industry-wide.
13
Expanded Feedstock
Remove Chemical Contaminants Suitability for More
3 Research & Development • Fire retardants, chlorides, etc. Product Types
Agilyx has proven the ability to develop multiple pathways for

Refined Products
low-carbon, valuable products. We are now investing in & Specialty
Options: Distillation, Catalysis, Feedstock Blends
additional R&D capacity to find ways to convert more plastics Chemicals
to their highest possible value.
Refined
PRF Operations Feedstock Vertical Integration Feedstocks
Aromatic
Alternate Uses Products
Custom Blend
Styrene Oil
Agilyx Styrene Oil Polyolefin-
• Generation 7 Expanded Applications based Products
• Continuous operations
• Styrene production Custom Blending
• Lighter ASCO
Custom Plant Sizing • Heavier ASCO
• Mobile units • Potential pathways to
Generation 6 • Smaller units base stocks for ethylene,
• Continuous operations • Barge operations
Generation 5 propylene, and alternate
• ASCO production
blends
Technology • Batch operations
Gens 1-4 • Agilyx Synthetic Crude
Oil (“ASCO”) production
Launch Commercialize Core Technology Expand Chemical Recycling Platform Broaden the Market
14
4 Data & Analytics
Our dataset of waste plastic is unmatched in the industry, enabling us to create vertically integrated, customized pathways
from plastic feedstock to products.
Agilyx is Data-Driven EXAMPLES OF AGILYX DATA CATEGORIES
Over the last 15 years, we have built a dataset of more than 2,000 plastic waste Feedstock Data 12+ parameters
characterizations and 1,000 hydrocarbon substrates.
Source, source geography, plastic type, plastic form, size distribution, moisture, non-
For each source, we have more than 100+ data points and continues to build on plastic content, filler, pigment/dyes, source volume, source costs, source transport form
this foundation.
Agilyx has recipes for more than 1,500 commercial conversions of various waste
Process Technology & Conditions Data 20+ parameters
Reactor type, temperatures, pressures, state of matter, time, catalysis, material flux,
plastics to more than 1,000 variations of hydrocarbon products.
energy flux
Product Characteristics Data 50+ parameters

Ash content, auto ignition, benzene, Conradson carbon, CCR (MCRT), density at 15°C,
flash point, gross calorific value, kinematic viscosity, pour point, reid vapor pressure at
37.8°C, sediment, total acid number, total chlorine, total halogen, total nitrogen, total
oxygenate, total sulfur, water content, paraffins, iso-paraffins, aromatics, naphthene,
olefins, metals (24+), composition, component structure (ring, linear, etc.)
15
5 Predictive Modeling
Agilyx’s data and machine learning algorithms enable the matching of specific waste plastics to the desired types of
finished products. We are the clear leader in this essential capability.
Feedstock Product
Feedstock to Product Product to Feedstock
Provided with a desired product specification, Agilyx Provided with one or more base feedstocks, Agilyx
uses that as an input to the Agilyx model and reverse chemically characterizes the feedstock’s content and
engineers a feedstock specification range. models an expected product composition range.
16
Market Dynamics
Agilyx stands alone.
Agilyx is innovating much more than a technology. We are creating an entirely

new supply chain and set of strategic partnerships that will drive the plastic
circular economy.
17
The Agilyx System has Large Addressable
Markets through Multiple Pathways
Pathways from Plastic to Product
Agilyx’s pathways address large, global markets where a sustainable end-of-life solution is
required for waste plastic. Our plastics pathways are circular, meaning plastics can be
reused again and again for new products.
Globally, the chemicals and fuels markets exceed $2 trillion, of which some $180 billion of
market demand could be satisfied by sustainable, low-carbon, cost-competitive products
made from waste plastic.
CIRCULAR ADDRESSABLE BY WASTE

MARKET SEGMENT PATHWAY GLOBAL MARKET SIZE PLASTIC CONVERSION
Polystyrene
$37 billion $17 billion
Olefins
Multiple Low Carbon Fuel
$2+ trillion $50 billion
Pathways & $38 billion
Polyethylene
$90 billion
Large Markets Terephthalate
Acrylics
Confidential & Proprietary | Agilyx Corporation © Sources: IHS Markit; The Business Research Company; Agilyx analysis.
18
Agilyx is the Leader in the Emerging Plastic Conversion Landscape
Agilyx has the attributes necessary to drive the circular economy and the system flexibility to take the widest variety of plastics.
PLASTICS RECYCLED
Conversion Plastic Fuels Feedstock Data & Track Registered Commercial

PET PE PVC PP PS Other
Technology Pathways Pathway Management Analytics Record Fuel Scale
TECHNOLOGY
CHEMICAL
MAJORS
WASTE &
RECYCLERS
GASIFICATION
Confidential & Proprietary | Agilyx Corporation © KEY CIRCULAR PATHWAY / PLASTIC-TO-PLASTIC

SINGLE PATHWAY / NO ONGOING REUSE
19
What will it Take to Drive Plastic Recycling from 10% to 90%?
Creating a truly circular, low-carbon economy for plastic products requires not only technology innovation, but an entirely new
supply chain and set of strategic partnerships. Agilyx stands alone in its multi-layered approach to solving the plastic problem.
Multiple Distributed Sophisticated, Production Costs Low-Carbon

Conversion Facilities Integrated Feedstock Comparable to Products
to Keep Up with Management Existing Products
Plastic Growth
Annual plastic production is 350 million Plastic waste is generated in every home Widespread market adoption will be Low-carbon products are essential to
tons globally, growing at 9% per year. in the world, in many configurations of challenged until conversion technologies mitigate the effects of carbon pollution.
type, contamination, and quantity. can produce high-quality products at
costs comparable to the incumbent.
Agilyx’s business model is designed to Agilyx is building a new supply chain to Agilyx’s cost of production compares Agilyx’s products have a 20%-70% lower
deploy proven systems for discrete aggregate, characterize, process, and favorably to the cost of producing existing carbon footprint than traditional products.
pathways in many geographies. inventory waste plastic. materials.
20
The Agilyx Platform is Differentiated, Proven & Versatile
IP and Know-How Commercial Track Record

Proprietary dual-screw continuous feed pyrolizer and ancillary systems Commercial sales of Agilyx Synthetic Crude Oil to U.S. Oil & Refining Co.
15 years of experience converting waste plastic to hydrocarbons Joint venture with Americas Styrenics, LLC (AmSty) for recycled polystyrene
Commercial sales of recycled styrene monomer to AmSty
Validation Experienced Team

Received the only TSCA registration issued for fuel made from waste plastic The team has extensive experience in the recycling and petrochemical
12 companies have qualified Agilyx technology & products industries, project financing, and strategic partnership development, resulting
Agilyx is in various stages of negotiations with >20 companies in the commercialization of >15 environmental technologies
Data Artificial Intelligence

Largest waste plastic chemical conversion database in the world Refine chemical plastic recipes for manufacturing of specific products
> 2,000 commercial-scale plastic waste characterizations Manage national feedstock supply chain
> 1,000 derivative hydrocarbon and chemical substrate products produced Chemical conversion facility performance optimization
Integrated Feedstock Management Our Platform

Agilyx is building Cyclyx, a syndicated feedstock supply chain system, which will Agilyx has developed a comprehensive system that combines various
aggregate and preprocess plastic for chemical recycling, creating an immediate technologies, chemical reaction expertise, integrated feedstock supply chain
above-ground hydrocarbon reserve management, and data to create a flexible system that can take all types of
plastic and convert them to various high-value products
21
Agilyx Economics
Agilyx has attractive economics, benefitting from diversified revenue streams

and a capital-light licensing business model.
22
Agilyx has a Capital-Light Business Model
Agilyx is an owner, developer, and licensor of intellectual property, leveraging a capital-light business model to issue exclusive
geographic licenses by pathway to well-qualified strategic licensors.
SOURCES OF AGILYX REVENUE STRATEGIC FRAMEWORK
License Fees Royalty Payments Own Intellectual Property

Agilyx will own all key intellectual property for its technology platform
Fee revenue from holders of exclusive Royalty revenue on production of and pathways.
geographic pathway licenses pathway products
Issue Exclusive Geographic Licenses by Pathway
Development Fees Management Fees Agilyx will issue exclusive licenses by pathway for particular
geographies, using a joint venture as a primary structure.
Payments to Agilyx for assisting customers Fee revenue for operating and
to develop projects at customer sites managing customer facilities Advance Pathway Research and Development
Agilyx will continue to advance new product pathways and add that
technology to its intellectual property portfolio.
Joint Venture Revenue Cyclyx Fees
Long-term profit sharing in joint ventures Management fees and royalties from Support Customer Facility Development and Operations
holding geographic pathway licenses Cyclyx As needed, Agilyx will leverage its development and operations
expertise to assist customers to build and operate their facilities.
Equipment Revenue Extend Feedstock Expertise through Cyclyx

Through Cyclyx, Agilyx is building an industry-wide supply chain to
Revenue from the sale of plant and
ensure feedstock supply to partners.
equipment to customer projects
23
Agilyx has a Robust Project Development Pipeline
Agilyx has a project pipeline of more than 60 projects in various stages of assessment. The projects below are qualified opportunities
being discussed with senior management or the board of potential partners. These projects represent 1,500+ tons per day (tpd) of
potential capacity and capital deployment of almost $1 billion.
PARTNER LOCATION SCALE FEEDSTOCK PRODUCT COST IRR 1 STAGE

Top 3 U.S. Styrene California 50 tpd Polystyrene Styrene Oil $25 M 30% - 35% Phase 1 / Offtake
Top 3 U.S. Styrene Illinois 50 tpd Polystyrene Styrene Monomer $25 M TBD Phase 1 / Offtake
Top 4 EU Styrene Europe 50 tpd Polystyrene Styrene Oil $25 M 30% - 35% Phase 1
Petro Chem South Africa 50 tpd Polystyrene Styrene Monomer $25 M TBD Phase 1 Pending
Jet Fuel Refinery Pennsylvania 1,000 tpd Mixed Plastic ASCO to Jet $600 M 20% - 30% Offtake
Jet Fuel Refinery Washington 400 tpd Mixed Plastic ASCO to Jet $240 M 20% - 30% Offtake
Oil and Gas Major Louisiana 200 tpd Mixed Plastic Naphtha Feedstock $120 M 15% - 20% Phase 1
Pulp & Paper 5 U.S. Locations 5 x 50 tpd Mixed Plastic Off Spec Diesel 5 x $30 M TBD BOD Approval
Petro Chem Major Texas 50+ tpd Lucite (PMMA) MMA $25 M 35% - 40% Phase 1 Pending
Fuel to Energy Australia 50+ tpd Mixed Plastic Fuel $25 M TBD Phase 1 Pending
Integrated WTE Consortium Asia 50+ tpd Mixed Plastic TBD $10 - $100 M TBD Phase 1 Pending
1. Estimated IRRs are on an unlevered basis

24
An Agilyx System has Strong Economics
Agilyx systems are modular and have strong economics. Individual plant economics will vary based on product, geography, and
co-location synergies.
ILLUSTRATIVE RANGES
DISCRETE
PATHWAY EXAMPLES SCALE CAPITAL REVENUE MARGINS RETURNS 1 COMMENTS
Waste Plastic to 25 to 150 tpd $15M - $75M $7M - $42M 50% - 70% Payback: 3 – 7 years Agilyx systems producing new plastic
of waste plastic IRR: 25% - 35% from waste plastic are generally
New Plastic smaller, in the range of 25 to 150 tons
per day of input plastic.
Waste Plastic to 50 to 1,000+ tpd $30M - $600M $8M - $150M 45% - 70% Payback: 6 - 9 years The plastic-to-naphtha-feedstock
of waste plastic IRR: 15% - 25% pathway is flexible in size and in final
Naphtha Feedstock finished product.
50 to 1,000+ tpd $30M - $600M $8M - $150M 40% - 65% Payback: 6 – 10 years Plastic-to-crude systems are generally
Waste Plastic to
of waste plastic IRR: 13% - 23% larger (50 to 1,000+ tons per day of
Synthetic Crude plastic) and would benefit from co-
location at a refinery facility.
1. Estimated IRRs are on an unlevered basis.

25
Agilyx Pro Forma Financial Projections
Agilyx’s pro forma projections are based on deploying twelve facilities for customers over the next five years.
Drivers and Assumptions Revenue Estimates ($M) Operating Income Estimates ($M)
The pro forma projections through 2023 show our Base (dark green) and Upside
(light green) scenarios, driven by the following assumptions:
Projects Developed: Both scenarios project 12 facilities, based on the our current
development pipeline
Project Capacity: Projects range in capacity from 10 to 1,000+ tons per day of
processing capacity, with expected phased capacity expansions over time
Differences Between Scenarios: The Upside scenario assumes projects come
online sooner and with larger capacities
Multiple Streams of Revenue: Agilyx receives license fees, royalties, equipment
revenue, and joint venture revenue in both scenarios
INSTALLED CAPACITY
Feedstock 8,000 6,060
(tons per 6,000 5,610
3,910 4,360
day) 4,000 2,660
2,210
2,000 460 760 1,010 1,110
0 6 6 10 10 10 10 60 110 160 1,810 2,560 3,010
0
Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023
PROJECTS ONLINE
1 2 3 4 6 8 12
See Appendix 4 for additional information.

26
About Us
Agilyx brings deep operating and technical experience to

solve the problem of hard-to-recycle plastics.
27
Joseph Vaillancourt
CHIEF EXECUTIVE OFFICER
27+ years in energy and environment sectors. Serial Entrepreneur, co-founded 10

Agilyx Profile companies. Former VP Venture Waste Management, SVP Intrexon Environment
Agilyx is committed to solving the problem Division. Helped commercialize 15 technologies. Has served as a board member for
15 companies. Raised and deployed >$2.5 billion. B.S. Accounting, Finance, M.B.A.
of hard-to-recycle plastics.
Operating Profile William Cooper

SENIOR VICE PRESIDENT, STRATEGY AND CORPORATE DEVELOPMENT
Founded 2004
Headquarters 13240 SW Wall Street Accomplished executive with CFO, investment banking and consulting experience.
Tigard, OR 97223 MD with Venture Enterprises and former senior banker with ABN AMRO, Donaldson,
Employees 33 Lufkin & Jenrette, Seven Hills and Wedbush Securities. B.A., Economics.
Active Patents 8
Legal Counsel Nutter McClennen & Fish
Auditors Kieckhafer, Buss, Fletcher CPAs LLP
Christopher J. Faulkner, Ph. D.
CHIEF TECHNOLOGY OFFICER
Technically accomplished chemical engineer with strong execution abilities. Former senior
Board of Directors engineer with ClearEdge Power and technology researcher at Mosaic and Vanderbilt
Joseph Vaillancourt Chairman and CEO, Agilyx University. B.S. Chemical Engineering, Ph.D. Chemical and Biomolecular Engineering
Ranjeet Bhatia Co-founder, Saffron Hill Ventures
Peter Norris Chairman, Virgin Group
Graeme Burnett SVP, Fuel Management, Delta Airlines
David Aardsma Environmental sector executive Randy Whitaker
William Caesar CEO, Waste Corporation of America CHIEF FINANCIAL OFFICER
Paolo Cuniberti Founder and CEO, Habacus
Seasoned chief financial officer. Former MD in Waste Management’s venture investment and
new business group. Extensive experience in financing, acquiring, and exiting several
businesses. M.S. Accounting, M.B.A., CPA
Confidential &&
Confidential Proprietary | Agilyx
Proprietary Corporation
– Agilyx ©©
Corporation
28
Agilyx has an Unmatched Track Record
We have more than 15 years of experience successfully designing, building, and operating plastic pyrolysis systems with a variety of
feedstocks and finished products.
MILESTONES
2012 2013 2014 2015 2016 2017 2018 2019
Fuel off-take Generation 5 8 million pounds of Fuel off-take Styrene produced Styrene off-take Olefin-based Regenyx joint
agreement with U.S. projects plastic processed agreements with from waste plastic agreement with pathway underway venture formed with
Oil & Refining Co. commissioned through Agilyx Monroe Energy, a AmSty AmSty
facilities subsidiary of Delta Agilyx receives First shipment of
Agilyx Synthetic Tigard facility Airlines, and U.S. Oil Pennsylvania polystyrene from
Crude Oil receives converts to & Refining Co. Redevelopment Kroger / Fred Meyer
registration continuous (renewed) Assistance Capital
processing instead Program Award INEOS Styrolution
of batch processing Joint Development
Agreement
29
Agilyx is on the Move
Sir Richard Branson:

“They (the Agilyx team) are a small group of people who are passionate about
making a real difference…… Mother Nature figured out a long time ago that
sourcing energy in a sustainable way and efficiently re-using and recycling resources is
the way to go. Solutions like this give me hope that humans are slowly catching up.”
RECENT DEVELOPMENTS
Regenyx Process Recycles ‘Throw Away’ Polystyrene
Forbes, May 2019 EPS Industry Alliance’s 2019
Excellence in EPS Recycling Award
Americas Styrenics, Agilyx Launch Joint Venture
Recycling Today, April 2019 Waste Dive’s Market Developer of the
Market Developer of the Year: Agilyx Year Award, 2018
Waste Dive, December 2018
Agilyx Inks Polystyrene Monomer and Synthetic Crude Deals

Plastics Recycling update, November 2018
Sir Richard Branson-backed Agilyx strikes Deal with Delta Airlines

Portland Business Journal, November 2018
U.S. Agilyx Takes Big Step in Producing Naphtha, Propylene from Waste Plastics
ICIS Insight, September 2018
30
Partners &
Industry
Affiliations Affiliations
Agilyx works with leading

experts and organizations in
the plastics recycling sector.
Select Partners,
Customers, and
Feedstock Suppliers
Agilyx Investors
Include
31
Regenyx – An Example of Agilyx Commercializing a New Pathway
Regenyx LLC is a joint venture between Agilyx and AmSty (owned by Chevron Phillips Chemical Company and Trinseo) producing
recycled styrene monomer on a commercial basis. This is an example of Agilyx’s partnerships under development.
Commercializing PolyUsableTM
Recycled Styrene Monomer
Regenyx processes waste polystyrene into a new

styrene monomer suitable for production of new
polystyrene at the AmSty facility in Louisiana.
Launched 2018
Location Tigard, Oregon

St. James, Louisiana
Pathway Polystyrene to Styrene Monomer
32
Risks & Mitigation
Our track record, partnerships, and business model mitigate the risks inherent in expanding the Agilyx technology platform.
RISKS MITIGATION COMMENT
Plastic Feedstock • Unrivalled data & algorithms Agilyx’s dataset and predictive algorithms provide the best method for matching waste
plastic to a desired product type. Also, we are building a supply chain organization, Cyclyx,
Aggregation • Cyclyx supply chain initiative to manage the complexities of aggregating, sorting, preparing, and supplying the right
plastic.
Product Price • Long-term off-take agreements Agilyx facilities sell a substantial portion of their products to strategic purchasers under
long-term off-take agreements. As the parent (or licensor) corporation, we will benefit
Management • Portfolio of different products from a mix of facilities producing different finished products with varying price drivers.
Technical • 15 years + of experience Agilyx has 15 years of experience designing, building, and operating multiple
generations of technology platforms with different feedstocks and products. We are
Execution • Industry-leading team & partners assembling an industry-leading team of experts and partners to mitigate technical risk.
Project • Deep experience Agilyx has deep experience in building and engineering complex pyrolysis projects. We
have worked with engineering and construction partners to deliver customer projects.
Development • Prior project success
33
Agilyx is Raising Growth Capital
The additional capital will be used to expand research and development, develop artificial intelligence capabilities, accelerate project
development, and acquire additional intellectual property.
$30 million Targeted
Highlighted Investment Terms Expected Use of Funds

Issuer: Agilyx Corporation Project Development Expansion $6m
Security: Preferred Stock Intellectual Property Acquisition $4m
Targeted Close: Q3 2019 R&D Expansion, AI Development $7m
Investor Protections: Appropriate positive and Cyclyx Development $5m
negative protective covenants
Debt Retirement $2m
General Corporate Purposes $6m
$30m
34
Join us as we create new life for waste plastics, reduce pollution, and
create responsible, circular, and low-carbon product pathways.
35
Thank you.
For further information:
Joseph L. Vaillancourt, Chief Executive Officer

Joe.Vaillancourt@Agilyx.com
(281) 825 1392
William Cooper, Senior Vice President

Bill.Cooper@Agilyx.com
(415) 640 4089
Randy Whitaker, Chief Financial Officer

Randy.Whitaker@Agilyx.com
(281) 682 1312
36
Supporting Information
Appendices
1. Plastic Data
2. The Agilyx Process
3. Cyclyx: Plastic Feedstock Supply Chain Initiative
4. Financial Information
37
Appendix 1: Plastic Data
38
More than 350 million
tons of new plastic are
produced each year –
and production is
growing fast.
Growth in plastic
9% production each year
39
Very little plastic is ever
recycled – only 6% …
6% Recycled
9% Burned
30% Still in use
55% Buried
40
... leading to major
environmental problems …
41
... and an enormous
trapped resource of
hydrocarbons.
42
Appendix 2: The Agilyx Process
43
The Agilyx Platform is Proven & Versatile
44
The Agilyx System is the Result of Extensive Research & Development
Over 15 years of extensive investment, R&D, and operational commitment culminate in the Gen 7 continuous processing
& modular system.
Gen 1: 18-hour cycle, no cartridge Gen 2: 12-hour cycle, suspended candles Gen 3: 6.5 hour cycle, cartridge Gen 4: 5.25 hour cycle
Gen 5: semi-batch production Gen 6: continuous processing: plastic-to-oil Gen 7: polystyrene to monomer
45
Agilyx’s Generation 7 System is Currently Producing Styrene
Monomer from Waste Polystyrene
46
Agilyx’s Throughput Capacity has Increased 10x from Gen 3 to Gen 7
20 100%
Plastic Yield
Throughput (%)
Capacity 18 90%
(Normalized)
16 80%
14 70%
12 60%
10 50%
8 40%
6 30%
4 Agilyx’s Plastic Throughput 20%

… with Only Slight
Capacity has Increased 10x
Sacrifices in Yield
2 from Gen 3 to Gen 7 … 10%
0 0%
33 44 55 66 77 3 44 55 66 77
Generation of Agilyx Technology
Generation of Agilyx Technology
47
Appendix 3: Cyclyx Supply Chain Syndicate
48
Introducing Cyclyx, An Agilyx Initiative
Agilyx has deep expertise in feedstock management and processing and has created Cyclyx, a syndicated supply chain system, to
take that expertise industry-wide.
Cyclyx is creating an ecosystem that efficiently recovers waste plastic and

enables its reuse through circular pathways and lower carbon conversion
Cyclyx will act as a co-operative accruing the benefits to its members
POTENTIAL POUNDS OF PLASTIC POTENTIAL CARBON

RECOVERED ANNUALLY: REDUCTION :
588 BILLION 50% - 70% LESS CARBON
49
Cyclyx: Who We Are
We are a next-generation plastic recycling company.
We create feedstocks for new materials from waste plastics.
We provide new chemical feedstocks to our members at the lowest net cost.
We are a cooperative initiative acting as a syndicate for the benefit of our members.
OUR GOALS:
Zero plastic to landfill
Provide low-to-no-cost plastic feedstocks to our members.
50
Cyclyx: What We Do
1 We Manage and Process Plastic Wastes at Source 2 We Provide Custom Feedstock Blends for New Products
Waste
Sources
Processed Inventory
Processed Inventory
Customized Polymerrecipes
• > 80% of waste sources will have different composite chemical characterizations • Some product specs need much tighter control over feedstock recipes and quality than others
• Within each source, material will need to be preprocessed to create further differentiated • The sources of feedstock can change dramatically while maintaining the recipe tolerances
small batch feedstocks • The sophisticated inventory mgmt. allows for a distributed model to be maintained efficiently
• Seasonal and consumer variations will create further differences between sources
• Material then needs to be processed as an ingredient not as a final composite feed
51
Cyclyx: How We Operate
SYNDICATE MEMBERS ROLES AND ACTIVITIES
Partners
Consumer Goods Waste and Recycling • Provide funding
Petro Chem Companies • Additional R&D and lab test data
Companies Companies
• Expand on supply chain and logistics
• Receive benefit from system and feedstock access
Waste Generators
Retail and Logistics Mechanical and Chemical Activity
Municipal, Commercial,
Companies Recyclers
Industrial • Advise and consult on collection and aggregation
• Develop physical collection, aggregation and preprocessing assets
• Inventory and direct materials to highest and best use.
• Engage and implement all areas of feedstock supply chain
OUR GOALS Capital Assets:

• Hub/Spoke processing transfer sites
• For Profit Company that acts like a non profit for the benefit of the members; 100% diversion
from landfill; lowest cost feedstock • 2nd MRF/PRF Operations
• Inventory stocking locations
• Become the leader of know how to prep feedstocks to chemically convert polymers to various
fuels and chemicals
Program Revenue and Subsidies:
• Create new national and international supply chain for feedstock • Partner investments, Equity and Debt, Corporate and Assets
• Reduces feedstock risk and speeds up commercial development • Tip fees
• Takes advantage of down recycling markets • Sale of feedstock
• Advances the mgmt. of Polymer complexity • Sale of environmental attributes
• Royalties for plastic recipes; know how grants
• Achieves needed scale
• Coop member dues
52
Appendix 4: Financial Information
53
Year ending December 31,
($ in millions) 2019 2020 2021 2022 2023
Agilyx Pro Forma Agilyx Revenue
Cyclyx Mgmt $2.5 $5.0 $5.0 $5.0 $5.0
Cyclyx Royalty $0.1 $0.2 $2.0 $8.9 $22.9
Financial Projections: Phase 1 $9.6 $2.0 $7.5 $7.5 $7.5
License $1.5 $6.0 $9.0 $38.0 $38.0
Equipment $5.0 $25.0 $50.0 $132.5 $146.8
Base Scenario Agilyx Royalty $0.0 $0.1 $1.8 $8.2 $21.3
R&D $0.6 $1.4 $3.4 $8.1 $15.7
Operating $1.1 $4.1 $19.0 $57.0 $105.1
Total Revenue $20.3 $43.9 $97.7 $265.2 $362.3
COGS
Cyclyx Mgmt $1.3 $2.5 $2.5 $2.5 $2.5
Cyclyx Royalty $0.0 $0.0 $0.2 $0.9 $2.3
Phase 1 $5.7 $1.2 $4.5 $4.5 $4.5
License $0.2 $0.6 $0.9 $3.8 $3.8
Equipment $3.8 $18.8 $37.5 $99.4 $110.1
The Base scenario assumes 12 Agilyx Royalty $0.0 $0.0 $0.2 $0.8 $2.1
R&D $0.3 $0.6 $1.5 $3.6 $7.1
projects developed by the end of Operating $1.1 $3.9 $17.1 $51.3 $94.6
2022 and total capacity ramping up Total COGS $12.2 $27.6 $64.4 $166.8 $227.0
to about 3,000 tons per day of plastic Gross Profit $8.0 $16.3 $33.3 $98.3 $135.3
Gross Margin 39.6% 37.2% 34.1% 37.1% 37.4%
feedstock by the end of 2023.
SG&A
Overhead $5.5 $8.3 $12.2 $18.6 $21.7
R&D $0.1 $0.2 $0.5 $1.2 $2.4
Accelerated Project Development $2.0 $4.0 $0.0 $0.0 $0.0
Total SG&A $7.6 $12.5 $12.7 $19.8 $24.1
% of Sales 37.3% 28.4% 13.0% 7.5% 6.6%
Operating Income $0.5 $3.9 $20.5 $78.6 $111.2
Operating Margin 2.3% 8.8% 21.0% 29.6% 30.7%
54
Year ending December 31,
($ in millions) 2019 2020 2021 2022 2023
Agilyx Pro Forma Agilyx Revenue
Cyclyx Mgmt $2.5 $5.0 $5.0 $5.0 $5.0
Cyclyx Royalty $0.1 $0.2 $4.0 $18.9 $53.8
Financial Projections: Phase 1 $9.6 $7.5 $9.5 $9.5 $9.5
License $1.5 $13.5 $43.5 $43.0 $43.0
Equipment $5.0 $50.0 $190.0 $255.0 $280.5
Upside Scenario Agilyx Royalty $0.0 $0.1 $3.7 $17.5 $50.1
R&D $0.6 $1.4 $3.4 $8.1 $15.7
Operating $1.1 $4.1 $33.8 $120.2 $246.8
Total Revenue $20.3 $81.9 $292.9 $477.2 $704.4
COGS
Cyclyx Mgmt $1.3 $2.5 $2.5 $2.5 $2.5
Cyclyx Royalty $0.0 $0.0 $0.4 $1.9 $5.4
Phase 1 $5.7 $4.5 $5.7 $5.7 $5.7
License $0.2 $1.4 $4.4 $4.3 $4.3
Equipment $3.8 $37.5 $142.5 $191.3 $210.4
The Upside scenario also assumes 12 Agilyx Royalty $0.0 $0.0 $0.4 $1.8 $5.0
R&D $0.3 $0.6 $1.5 $3.6 $7.1
projects developed, but projects Operating $1.1 $3.9 $30.4 $108.2 $222.1
come online earlier in 2022 and are Total COGS $12.2 $50.4 $187.8 $319.2 $462.4
larger. In this scenario, total capacity Gross Profit $8.0 $31.5 $105.1 $158.0 $242.0
Gross Margin 39.6% 38.5% 35.9% 33.1% 34.4%
ramps up to about 6,000 tons per
SG&A
day of plastic feedstock by the end of Overhead $5.5 $8.3 $11.8 $19.1 $28.2
2023. R&D $0.1 $0.2 $0.5 $1.2 $2.4
Accelerated Project Development $2.0 $4.0 $0.0 $0.0 $0.0
Total SG&A $7.6 $12.5 $12.3 $20.3 $30.5
% of Sales 37.3% 15.2% 4.2% 4.3% 4.3%
Operating Income $0.5 $19.1 $92.8 $137.7 $211.5
Operating Margin 2.3% 23.3% 31.7% 28.9% 30.0%
55

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Making plastic a renewable resource

Confidential & Proprietary | Agilyx Corporation ©

Main Sections Supporting Information

Page Page Page Page Page Page

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Comprehensive Solution Proven Technology Platform Large Market Opportunity

Commercial Track Record Experienced Team Raising Growth Capital

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Agilyx is the leader in transforming plastic into a renewable resource.

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Confidential & Proprietary | Agilyx Corporation ©

Waste New Product Supply

• Hydrocarbon production requires • Scale imbalance between volume of

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Proprietary Technology Platform

Integrated Feedstock Management

Research & Development

Data & Analytics

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Plastic Preparation Pyrolysis Product Recovery Product Storage

Discrete Polymers Polymer Base Stocks Low-Carbon Fuels

We have built a unique and comprehensive platform around a proprietary

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Our technology reflects 15 years of ongoing improvement, resulting in a Hallmarks:

Continuous Process for High Throughput

No Scale Risk: System Commercialized for Decades

No Catalyst Required: Accepts Broad Range of

Robust: Handles Feedstock Contamination

Versatile: Makes Variety of Low-Carbon Products

Integrated Data Collection and Monitoring

Fully Automated System Operations

Cost Competitive to Commodity Products

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Characterize & Qualify Preprocess Delivery to

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Agilyx has proven the ability to develop multiple pathways for

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Agilyx is Data-Driven EXAMPLES OF AGILYX DATA CATEGORIES

Product Characteristics Data 50+ parameters

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Feedstock to Product Product to Feedstock

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Agilyx stands alone.

Agilyx is innovating much more than a technology. We are creating an entirely

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CIRCULAR ADDRESSABLE BY WASTE

Conversion Plastic Fuels Feedstock Data & Track Registered Commercial

Confidential & Proprietary | Agilyx Corporation © KEY CIRCULAR PATHWAY / PLASTIC-TO-PLASTIC

Multiple Distributed Sophisticated, Production Costs Low-Carbon

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IP and Know-How Commercial Track Record

Validation Experienced Team

Data Artificial Intelligence

Integrated Feedstock Management Our Platform

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Agilyx has attractive economics, benefitting from diversified revenue streams

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SOURCES OF AGILYX REVENUE STRATEGIC FRAMEWORK

License Fees Royalty Payments Own Intellectual Property

Equipment Revenue Extend Feedstock Expertise through Cyclyx

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PARTNER LOCATION SCALE FEEDSTOCK PRODUCT COST IRR 1 STAGE

1. Estimated IRRs are on an unlevered basis

1. Estimated IRRs are on an unlevered basis.