Nexam Chemical

Johannes Lorenz, 51, based in Rheinland-Pfalz, Germany, holds an engineering degree from RWTH Aachen University, Institute for Plastics Processing (IKV Aachen). With over 25 years of experience in technology and sales within advanced plastics engineering, biopolymers, plastic foams, and plastic recycling, he brings a wealth of knowledge to Nexam Chemical. Johannes has most recently developed the market in northern Germany and BeNeLux for Dynisco (www.dynisco.com), an American leader in innovative sensing solutions for pressure, temperature and viscosity along the value chain in the plastics industry.

In his new role, Johannes will be responsible for global business development, market expansion, sales, and technical oversight for the "ReColour Plus" product range. His focus will include expanding the product portfolio to better serve customers with customized recycling solutions. Additionally, Johannes will play a key role in bridging the original segments of "colour masterbatch" and "specialty chemicals," further integrating market activities in the Nordics and Eastern Europe with those in Central Europe. Johannes joins Nexam Chemical on October 1^st. He will be a fully integrated member of the Nexam Chemical management team, reporting directly to CEO Ronnie Törnqvist.

CEO Ronnie Törnqvist commented, "We are thrilled to welcome Johannes to our team. His extensive experience and strong presence in Central European markets will be instrumental in advancing our ambitions to lead the development of plastics recycling into more advanced applications. His addition strengthens our already robust management, sales, and technology teams and enhances our ability to serve our customers better. The proximity of our facilities in Poznan in Poland and Lomma in southern Sweden to Germany and the BeNeLux countries, provides an excellent foundation for expanding our presence in Central Europe."

Johannes will join Business Managers Dane Momcilovic and Henrik Bernquist to ensure comprehensive coverage of Nexam Chemical's new market strategy and will bolster our capacity to manage broader markets and focus on offering a complete, customer-tailored recycling additive solutions portfolio.

Note: This press release has been translated from Swedish. The Swedish text shall govern for all purposes and prevail in case of any discrepancy with the English version.

For more information, please contact:

Ronnie Törnqvist, VD, +46-706 25 41 85, ronnie.tornqvist@nexamchemical.com