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Infiniteria takes note of Scandinavian Enviro Systems AB’s ("Enviro") announcement today that it is terminating its joint venture agreements with Infiniteria. The proposed termination is not pursuant to any contractual rights but is stated to be pursuant to the Swedish Company Reorganization Act. Infiniteria intends to fully defend its rights under law in light of this announcement. It will take every measure to defend and protect its contractual position and to deliver on its customer commitments.

Scandinavian Enviro Systems AB (publ) ("Enviro" or the "Company") today announces that Enviro is terminating agreements with Infiniteria Europe Sàrl and Cuibhil Luxco regarding the collaboration related to the joint venture Infiniteria (the "JV Company"). The terminations are made within the framework of Enviro’s ongoing corporate reorganization and with the support of Chapter 3, Section 9 of the Swedish Company Reorganization Act. The notice period is three months.

Under the letter of intent, the parties intend to conduct a study to assess the commercial and technical viability of one or several End-of-Life Tyre (ELT) pyrolysis facility based on Enviro’s technology. The purpose of the study is to provide a basis for the prospective licensee to evaluate the conditions for a potential long-term commercial collaboration and technology licensing agreement.

Enviro is currently undergoing a company reorganization and the decision to file for bankruptcy for the wholly-owned subsidiary Tyre Recycling in Sweden AB is a measure intended to strengthen Enviro’s liquidity and profitability.

Robert Weibold – the founder a tyre recycling and pyrolysis consulting company Weibold – was interviewed by the Rubber Review magazine this February. Below, we cite Issue 33 of the Rubber Review magazine (February 16-22) featuring the interview.

In accordance with the press release published by Enviro on 26 February 2026, Enviro has applied for company reorganization with the Gothenburg District Court. The application has today been approved by the District Court. The company reorganization applies to the parent company Scandinavian Enviro Systems AB (publ). A company reorganization is granted for a period of three (3) months at a time.

On February 27, 2026, Scandinavian Enviro Systems (Enviro) has published the end or year financial report. Below, we cite the report according to the official press release.

The board of directors of Scandinavian Enviro Systems AB (publ) ("Enviro" or the "Company") has resolved to apply for company reorganization. The board of directors assesses that Enviro has sufficient liquidity to operate the business during the first three months of the reorganization. During the reorganization, operations will continue as usual, in parallel with measures to strengthen Enviro's liquidity and profitability.

Enviro Systems AB (publ) ("Enviro" or the "Company") today announces that Enviro has received a request for arbitration under the Rules of the London Court of International Arbitration (the “LCIA Rules”) from Infiniteria a joint venture with Antin Infrastructure Partners’ NextGen fund as the majority owner and controlling shareholder, with a total claim of approximately EUR 54 million in alleged damages. Enviro considers the asserted claims to be unfounded and disputes the claims and the claimed amount in their entirety.