Circa Group AS

Related Party Transaction • Sep 12, 2024

Stock exchange notice

Circa Group and Leggera Technologies International Enter into a Supply Agreement for 100% Bio-Derived Bicycle Maintenance Products

OSLO, NORWAY – 12 September 2024 Sustainable biochemicals company Circa Group AS (ticker: CIRCA) has entered into a supply agreement with Leggera Technologies International Ltd. (LTI), a leader in Hi-performance bicycle components and accessories design and manufacturing, for its Cyrene™ solvent grade. Cyrene™ is a sustainable, biomass-derived industrial solvent. Leggera's new and innovative bicycle maintenance product, which is certified as low-hazard and 100% biodegradable, is compatible with all cycling surface materials and delivers superior cleaning performance compared to traditional petroleum-based solvents.

"We are proud of this collaboration. Our supply agreement with Leggera reflects our commitment to helping customers develop safer, better-performing products," said Alessandro Napoli, VP of Product Development at Circa.

Paul Farrell, Group founder and CTO at Leggera, added, "By adopting Cyrene™ in our products, we aim to support the transition to safer and sustainable solutions while improving overall product performance and value for our customers."

About Circa

Established in 2006, Circa Group converts waste, non-food biomass into advanced bio-based chemicals with its proprietary Furacell™ process. Its developing product portfolio includes flavours, biopolymers, and bio-solvents including Cyrene™. By creating renewable chemicals from cellulose, Circa is extracting value from non-food, surplus biomass and contributing to industry as it transitions to a more circular and decarbonised economy. Circa Group is listed on the Euronext Growth Market in Oslo, ticker: CIRCA.

About Leggera Technologies

The Leggera Group of companies was founded in Australia in the late 1990's and since then has grown to become a multi-company conglomerate operating within the specialist field of hiperformance sporting goods and accessories products. LTI is a recognised global leader in product design, development and manufacturing mostly with its own facilities across Asia.

Investor Contact Erik Berger Chief Financial Officer Circa Group AS erik.berger@circa-group.com Tel: +47 908 55 033