Circa Group AS

Board/Management Information • Mar 15, 2024

PRESS RELEASE

CFO resigns from Circa Group

OSLO, NORWAY – 15 MARCH 2024

Circa Group AS (stock symbol: CIRCA): Chief financial officer, Tone Leivestad, has today informed the CEO and board of directors of Circa Group AS (the "Company") that she has decided to accept a job offer with another company. Tone will continue to support the Company throughout the notice period and will also continue to have an interest in the Company as a shareholder going forward.

Circa Group AS would like to thank Tone for her commitment and valuable contribution to the Company. The search for a successor will be initiated immediately.

About Circa

Established in 2006, Circa Group converts sustainable, non-food biomass into advanced biobased 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 biomass and addressing a gap in the market by providing bio-based, less carbon intensive alternatives, contributing to a more circular economy.

https://circa-group.com

Contacts:

Bertel Karlstedt, CEO bertel.karlstedt@circa-group.com

Media Contact Kathryn Sheridan ks@sustainabilityconsult.com

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.