
Citi Issuer Services, acting through Citibank N.A., has been appointed by Agilyx ASA (&#34;Agilyx&#34;), as Depositary Bank for its sponsored Level 1 American Depositary Receipt (&#34;ADR&#34;) program.


Agilyx’s ADRs

<p xmlns="http://www.w3.org/1999/xhtml">
Citi Issuer Services, acting through Citibank N.A., has been appointed by Agilyx ASA ("Agilyx"), as Depositary Bank for its sponsored Level 1 American Depositary Receipt ("ADR") program.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Agilyx’s ADRs trade on the over the counter (OTC) Market under the symbol "AGYXY". Each ADS represents 10 ordinary shares of the company. Agilyx’s underlying ordinary shares are listed and traded on the Oslo Stock Exchange under the symbol "AGLX".

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ranjeet Bhatia, Chief Executive Officer of Agilyx, commented: &#34;U.S. investor interest in Agilyx and the European recycling opportunity has grown considerably. Establishing a sponsored ADR program with Citi that makes it materially easier for U.S. investors to invest in our business is a natural step in the development of our shareholder base.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
Dirk Jones, Head of Issuer Services at Citi, said: "We are committed to supporting Agilyx with high quality services through our industry-leading ADR solutions. Our deep capital markets expertise and extensive global network enable us to facilitate seamless access to global capital markets for issuers like Agilyx."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Citi Issuer Services is a leading provider of depositary receipt services. With depositary receipt programs in over 65 markets, spanning equity and fixed-income products, Issuer Services leverages Citi’s global network to provide cross-border capital market access to issuers, intermediaries, and investors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For more information on Citi’s Depositary Receipt Services, please visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.citi.com%2Fdr&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.citi.com%2Fdr&amp;index=1&amp;md5=66fbc4442947db5dafb8c315e4125006" shape="rect">www.citi.com/dr</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Citi</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Additional information may be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.citigroup.com%2F&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.citigroup.com&amp;index=2&amp;md5=1b792d2319f6eb3a75ab9cfbc86091a6" shape="rect">www.citigroup.com</a> &#x7C; X: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FCiti&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=%40Citi&amp;index=3&amp;md5=abee211ed34801b7ac23786dcc4cc5cb" shape="rect">@Citi</a> &#x7C; LinkedIn: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fciti&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.linkedin.com%2Fcompany%2Fciti&amp;index=4&amp;md5=a85871b5992eefc47d95e495a3ae2326" shape="rect">www.linkedin.com/company/citi</a> &#x7C; YouTube: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.youtube.com%2Fciti%257C&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.youtube.com%2Fciti&amp;index=5&amp;md5=a01446700084386d142f32d2149330fb" shape="rect">www.youtube.com/citi</a> &#x7C; Facebook: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2Fciti&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.facebook.com%2Fciti&amp;index=6&amp;md5=37ff415c59fb10901965313f591b512e" shape="rect">www.facebook.com/citi</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Agilyx</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Agilyx ASA is a leading global investment platform supporting the development of plastic waste feedstock supply to the recycling industry. Through its majority holding in GreenDot Global, Europe&#39;s largest waste plastic recycling platform, Agilyx has access to large volumes of post-use plastic and advanced sorting and recycling infrastructure in Austria, France, Germany, Italy, and Spain. Through arcLABS, Agilyx provides characterization and identification services for plastic streams that can be converted into feedstock matched to recycling processes. Agilyx also markets Styrenyx, its proprietary chemical recycling technology for polystyrene waste. By enabling the shift from a linear &#34;make-take-waste&#34; model to a circular economy, Agilyx helps solve the plastic waste crisis and supports the global transition to a low-carbon future.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260821283027r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260821283027/en/" rel="nofollow">https://www.businesswire.com/news/home/20260821283027/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<span xmlns="http://www.w3.org/1999/xhtml" class="bwuline"><b xmlns="http://www.w3.org/1999/xhtml">Citi Media Contact:</b></span>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Harsha Jethnani
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:harsha.jethnani@citi.com" shape="rect">harsha.jethnani@citi.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ai Li She
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ai.li.she@citi.com" shape="rect">ai.li.she@citi.com</a>

</p>

Citi Appointed as Depositary Bank for Agilyx ASA's ADR Program

Citi appointed ADR Depositary Bank for Agilyx Sponsored ADR

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Citi Issuer Services, acting through Citibank N.A., has been appointed by Agilyx ASA (&amp;#34;Agilyx&amp;#34;), as Depositary Bank for its sponsored Level 1 American Depositary Receipt (&amp;#34;ADR&amp;#34;) program.


Agilyx’s ADRs</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Citi Issuer Services was appointed Depositary Bank for Agilyx&#039;s sponsored Level 1 ADR program, enabling US investors easier access to Agilyx via the AGYXY ADR. The ADR trades OTC, with each ADS representing 10 ordinary shares and the underlying Oslo-listed shares trading as AGLX. This could modestly boost US liquidity for Agilyx and create incremental DR-related fees for Citi, though no pricing or revenue figures were disclosed.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Citi Issuer Services named Depositary Bank for Agilyx Level 1 ADR program.</li><li>ADRs trade OTC as AGYXY; 1 ADS equals 10 ordinary shares; Oslo listing AGLX.</li><li>Agilyx CEO cites rising US investor interest and easier access via ADR.</li><li>Citi highlights DR programs in 65+ markets, enabling global capital access.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Citigroup Inc. (C)</strong>: Appointed as ADR depositary bank; potential incremental DR services revenue.</li><li><strong>Agilyx ASA (AGLX)</strong>: Underlying company; ADR sponsorship expands US-accessible investor base.</li><li><strong>Agilyx ASA ADR (AGYXY)</strong>: OTC ADR representing 10 ordinary shares; catalyst for US investor access.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article describes a strategic service expansion for Citi via a sponsored ADR program, signaling cross-border capital market activity and potential incremental fees, which is relevant to Citi&#039;s DR-related revenue though not a near-term earnings catalyst.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Possible increase in U.S. liquidity for Agilyx via the ADR program.</li><li>No immediate revenue figures disclosed; Citi&#039;s impact is likely modest.</li><li>AGYXY/AGLX may see elevated US investor activity on ADR sponsorship.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Citi Issuer Services appointed as Depositary Bank for Agilyx Level 1 sponsored ADR.</li><li>AGYXY ADR trades OTC; 1 ADS represents 10 ordinary shares.</li><li>Underlying ordinary shares traded on Oslo Stock Exchange under AGLX.</li><li>Date of release: August 21, 2026.</li><li>Citi operates DR programs in 65+ markets.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral to mildly positive for Citi over 6–12 months, with limited direct price impact but potential DR-services revenue upside.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Citi Issuer Services, acting through Citibank N.A., has been appointed by Agilyx ASA ("Agilyx"), as Depositary Bank for its sponsored Level 1 American Depositary Receipt ("ADR") program.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Agilyx’s ADRs trade on the over the counter (OTC) Market under the symbol "AGYXY". Each ADS represents 10 ordinary shares of the company. Agilyx’s underlying ordinary shares are listed and traded on the Oslo Stock Exchange under the symbol "AGLX".

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ranjeet Bhatia, Chief Executive Officer of Agilyx, commented: &#34;U.S. investor interest in Agilyx and the European recycling opportunity has grown considerably. Establishing a sponsored ADR program with Citi that makes it materially easier for U.S. investors to invest in our business is a natural step in the development of our shareholder base.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
Dirk Jones, Head of Issuer Services at Citi, said: "We are committed to supporting Agilyx with high quality services through our industry-leading ADR solutions. Our deep capital markets expertise and extensive global network enable us to facilitate seamless access to global capital markets for issuers like Agilyx."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Citi Issuer Services is a leading provider of depositary receipt services. With depositary receipt programs in over 65 markets, spanning equity and fixed-income products, Issuer Services leverages Citi’s global network to provide cross-border capital market access to issuers, intermediaries, and investors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For more information on Citi’s Depositary Receipt Services, please visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.citi.com%2Fdr&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.citi.com%2Fdr&amp;index=1&amp;md5=66fbc4442947db5dafb8c315e4125006" shape="rect">www.citi.com/dr</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Citi</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Additional information may be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.citigroup.com%2F&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.citigroup.com&amp;index=2&amp;md5=1b792d2319f6eb3a75ab9cfbc86091a6" shape="rect">www.citigroup.com</a> &#x7C; X: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FCiti&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=%40Citi&amp;index=3&amp;md5=abee211ed34801b7ac23786dcc4cc5cb" shape="rect">@Citi</a> &#x7C; LinkedIn: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fciti&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.linkedin.com%2Fcompany%2Fciti&amp;index=4&amp;md5=a85871b5992eefc47d95e495a3ae2326" shape="rect">www.linkedin.com/company/citi</a> &#x7C; YouTube: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.youtube.com%2Fciti%257C&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.youtube.com%2Fciti&amp;index=5&amp;md5=a01446700084386d142f32d2149330fb" shape="rect">www.youtube.com/citi</a> &#x7C; Facebook: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2Fciti&amp;esheet=54592638&amp;newsitemid=20260821283027&amp;lan=en-US&amp;anchor=www.facebook.com%2Fciti&amp;index=6&amp;md5=37ff415c59fb10901965313f591b512e" shape="rect">www.facebook.com/citi</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Agilyx</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Agilyx ASA is a leading global investment platform supporting the development of plastic waste feedstock supply to the recycling industry. Through its majority holding in GreenDot Global, Europe&#39;s largest waste plastic recycling platform, Agilyx has access to large volumes of post-use plastic and advanced sorting and recycling infrastructure in Austria, France, Germany, Italy, and Spain. Through arcLABS, Agilyx provides characterization and identification services for plastic streams that can be converted into feedstock matched to recycling processes. Agilyx also markets Styrenyx, its proprietary chemical recycling technology for polystyrene waste. By enabling the shift from a linear &#34;make-take-waste&#34; model to a circular economy, Agilyx helps solve the plastic waste crisis and supports the global transition to a low-carbon future.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260821283027r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260821283027/en/" rel="nofollow">https://www.businesswire.com/news/home/20260821283027/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<span xmlns="http://www.w3.org/1999/xhtml" class="bwuline"><b xmlns="http://www.w3.org/1999/xhtml">Citi Media Contact:</b></span>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Harsha Jethnani
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:harsha.jethnani@citi.com" shape="rect">harsha.jethnani@citi.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ai Li She
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ai.li.she@citi.com" shape="rect">ai.li.she@citi.com</a>

</p>

Citi Issuer Services was appointed Depositary Bank for Agilyx's sponsored Level 1 ADR program, enabling US investors easier access to Agilyx via the AGYXY ADR. The ADR trades OTC, with each ADS representing 10 ordinary shares and the underlying Oslo-listed shares trading as AGLX. This could modestly boost US liquidity for Agilyx and create incremental DR-related fees for Citi, though no pricing or revenue figures were disclosed.

News insight

Citi Appointed as Depositary Bank for Agilyx ASA's ADR Program

AI summary

Sentiment rationale

Key facts

Corporate Developments