Press release
of Pyrum Innovations AG

Pyrum Innovations AG receives ESG rating of "very good" by imug 

o	Sustainability rating agency imug awards Pyrum 72 out of 100 possible points
o	Analysts particularly convinced by Pyrum's business model 

Dillingen / Saar, 12 April 2023 - Pyrum Innovations AG ("Pyrum", the "Company",
ISIN: DE000A2G8ZX8), a pioneer in the sustainable recycling of end-of-life tyres
(ELTs) based on its patented pyrolysis technology, has achieved 72 out of 100
points in imug's ESG rating. The company's overall sustainability performance is
therefore rated as "very good". The rating by imug, one of the leading
sustainability rating agencies in Germany and a specialist in environmental,
social and governance (ESG) research, was carried out in the first quarter of
2023 and is based on several areas of investigation. Pyrum scored particularly
well in the area of "products and services", where the company received full
marks. Here, imug analysed Pyrum's business model and assessed how the company's
products and services make a positive contribution to environmental or social
development.

Pascal Klein, CEO of Pyrum Innovations AG: "With Pyrum, we are making a decisive
contribution to the transformation of the economy towards a sustainable circular
economy. Our pyrolysis technology is the leading process for the recycling of
end-of-life tyres. The Fraunhofer Institute has already confirmed in a 'Life
Cycle Assessment' that we save up to 72% more CO2 than the current recycling mix
in Germany. We are very proud that all these advantages have now also
contributed to our very good rating in the imug sustainability rating."

Previously, Pyrum Innovations AG achieved silver status in the EcoVadis
sustainability ranking and had its environmental and quality management system
certified to two ISO standards. With imug's independent assessment of the
company's sustainability performance, Pyrum can once again strengthen its
credibility in its communication with all stakeholders. The rating also provides
a basis for sustainable financing and uncovers further potential for
sustainability management. 


About Pyrum Innovations AG
Pyrum Innovations AG is active in the attractive recycling market for
end-of-life tyres with its patented pyrolysis technology. Pyrum's pyrolysis
process is 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 pyrolysis 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 pyrolysis 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 pyrolysis 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
nominated for the "Grand Prix Mittelstand" ("Großer Preis des Mittelstandes")
from the German state of Saarland.
www.pyrum.net/en

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

Pyrum Innovations AG
Dieselstr. 8
66763 Dillingen / Saar	
Email: presse@pyrum.net

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