Press Release
of Pyrum Innovations AG

Pyrum Innovations AG and Schwalbe conclude framework agreement on long-term
purchase of the Pyrum-rCB

o	Second framework contract for the purchase of rCB at a fixed price for ten
years
o	Delivery of Schwalbe bicycle tyres is being further expanded
o	More than one million Schwalbe bicycle tyres already recycled

Dillingen / Saar, 2 April 2025 - Pyrum Innovations AG ("Pyrum", the "Company",
ISIN: DE000A2G8ZX8) and the bicycle tyre manufacturer Ralf Bohle GmbH (brand:
"Schwalbe") have concluded a framework agreement for the long-term purchase of
Pyrum's recovered Carbon Black (rCB). The agreement covers the purchase of rCB
at a fixed price for a term of ten years. This is already the second framework
agreement of this scope that Pyrum has been able to conclude, in addition to the
one with Continental. Both parties have agreed not to disclose the purchase
price. Schwalbe's supply of bicycle tyres to Pyrum will also be further expanded
in this context.

Pascal Klein, CEO of Pyrum Innovations AG: "It's great to see how the tyre
industry is transforming. Long-term purchase agreements over ten years used to
be unthinkable. With strong partners like Schwalbe, we can lay the foundations
for more sustainable and efficient tyre production. Together with over 1,800
specialist dealers in Germany, we have already succeeded in recycling well over
one million bicycle tyres and returning them to the material cycle."

Felix Jahn, Head of CSR at Schwalbe: "Bicycle tyre recycling, which we
introduced together with Pyrum Innovations AG less than three years ago, has
developed into an absolute success story in this time. We want to continue our
partnership with Pyrum in the long term. We are already using Pyrum's rCB in 70%
of all Schwalbe tyres, thus closing the loop. We are now continuing this work
consistently in order to further increase this proportion."

The companies have been working together on recycling research since 2020. In
2023, the first bicycle tyre with a closed production cycle was presented with
the "Green Marathon". Schwalbe plans to use Pyrum's rCB in the manufacture of
its entire product range in the future and is conducting intensive research to
achieve this goal.


 
About Pyrum Innovations AG

Pyrum Innovations AG has revolutionised the recycling market for end-of-life
tyres. Since 2008, the company has been developing an innovative thermolysis
technology that enables end-of-life tyres and plastics to be recycled with
virtually no emissions. The process can recover high-quality products such as
thermolysis oil and rCB (recovered Carbon Black), which are used by renowned
partners such as BASF, Continental and Schwalbe to manufacture new products. In
this way, the company closes the material cycle and pursues a sustainable
business model in line with climate targets. Since 2020, the first plant at the
company's headquarters in Dillingen/Saar has been in continuous operation, and
two further plants have been added as part of the site expansion in 2024. Thanks
to respected certificates such as REACH and ISCC Plus, the products are
considered to be of high quality, sustainable and renewable. 
www.pyrum.net/en/

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

Pyrum Innovations AG
Dieselstraße 8
66763 Dillingen / Saar	
E-mail: presse@pyrum.net