MARCH 24, 2022 – BOSTON, MA // FRX Polymers (“FRX,” or the “Company”), is pleased to announce that the Company’s Nofia® branded polymeric phosphorus-based flame retardants, Nofia® Homopolymers and Copolymers, have been added to the TCO Certified Accepted Substance List. TCO is the most recognized and world-leading sustainability certification for additives in the electronics and information technology industries. Only flame retardants on the widely used TCO Certified Accepted Substance List may be used for TCO Certified Products.

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Marc Lebel, CEO of FRX Polymers, stated that, “This news from TCO confirms that Nofia flame retardants are ideally suited for use in electronics equipment to replace halogenated flame retardants that will no longer be allowed.” Lebel continued, “Once again, it is confirmed that OEMs, retailers, and the general public do not need to compromise on sustainability in order to be protected from the catastrophic risks of fire.”

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The European Court of Justice ruled on March 16, 2022, that a ban on halogenated flame retardants in enclosures and stands of TVs and monitors, is in conformity with European law. FRX has developed a line of patent protected products under its Nofia® brand that address the very real and significant problem around the use of certain harmful chemicals that are currently used as flame retardants in several industrial and consumer applications. FRX has been built on over $US120 million of investment and is positioned to be a leader in the transition to environmentally friendly solutions within the $US30 billion flame retardant plastics industry. The Company is in commercial production at its facility in Antwerp, Belgium.

About FRX Polymers and NOFIA®:

FRX is a global manufacturing company, producing a family of environmentally sustainable flame-retardant products that serve several large markets spanning electronics, automotive, electric vehicles (EV) and medical devices. FRX is led by a team of highly experienced business and technical professionals and is positioned to be a leader in the rapidly growing flame retardant plastics and additives market.

Nofia® is a registered trademark of FRX. Nofia® products are manufactured at its manufacturing facility on the Port of Antwerp in Belgium, one of the world's largest chemical producing clusters. Nofia Polyphosphonates are produced using sustainable green chemistry principles such as a solvent-free production process, no waste by-products, and near 100% atom efficiency. FRX's portfolio includes an extensive patent estate. FRX has been the recipient of numerous awards, including the EPA's Environmental Merit Award, the Belgium Business Award for the Environment, and the Flanders Investment of the Year Award. FRX has also been recognized six times on the Global Cleantech 100 list.

Contact Details

FRX Polymers

Mike Goode

+1 978-244-9500

mgoode@frxpolymers.com

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Investor Relations

Graham Farrell

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ir@frxpolymers.com

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