Pryme N.V. - Commencement of Subsequent Offering

Pryme N.V. - Commencement of Subsequent Offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN, THE UNITED STATES, THE UNITED KINGDOM OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Rotterdam, 7 June 2022

Reference is made to the stock exchange announcement published by Pryme N.V. ("Pryme" or the "Company") on 2 June 2022 announcing the publication of the prospectus and the subsequent offering (the "Subsequent Offering").

The subscription period in the Subsequent Offering commences today.

Please see the prospectus dated 2 June 2022 (the "Prospectus") for more information about the Subsequent Offering. The Prospectus, including a subscription form, is made electronically available at www.paretosec.com/updates/transactions.

Pareto Securities AS (the "Manager") acts as manager in the Subsequent Offering. Advokatfirmaet Schjødt AS acts as legal advisor to the Company.

About Pryme | www.pryme-cleantech.com

Pryme N.V. is an innovative cleantech company focused on converting plastic waste into valuable products through chemical recycling on an industrial scale. Its efficient and scalable technology is based on a proven pyrolysis process that has been further developed and enhanced with proprietary characteristics. The company is currently building its first plant in the port of Rotterdam with an initial annual intake of about 40,000 tonnes, which will start production in 2022. Pryme’s ambition is to contribute to a low-carbon, circular plastic economy and to realize the enormous rollout potential of its technology through the development of a broad portfolio of owned-operated plants with strategic partners. The company is listed on the Euronext Growth Oslo. Pryme can be followed on LinkedIn.

This information is subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act.