Pyrolyx AG advised that Mr. Guido Veit and Dr. Lars Franken have resigned from the Supervisory Board of the Company, to be replaced by Mr. Bernhard Meder. It was always intended that Mr. Meder, who was previously on the Supervisory Board of Pyrolyx AG, would rejoin the Supervisory Board once he resigned as interim Chief Executive Officer of Pyrolyx. Mr. Meder has now relinquished his duties as a management board member, allowing him to rejoin the Supervisory Board. The effective date of the resignations and Mr. Meder's appointment will be in accordance with German Law. Bernhard Meder is the CEO and founder of the MEDER Group and M-Invest with investments in medical, electronics, agriculture and real estate.