Quantafuel

Pre-Annual General Meeting Information • Jun 9, 2023

Quantafuel AS | Extraordinary General Meeting – Notice

Quantafuel AS | Extraordinary General Meeting – Notice

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Oslo, 9 June 2023

Quantafuel AS's shareholders are hereby given notice of an extraordinary general meeting to be held on Friday, 16 June 2023 at 11:40 CEST (the "EGM"). The notice of the EGM, including the proposed resolutions and the proxy form, is attached to this stock exchange notice and will be sent to Quantafuel's shareholders with known addresses.

The EGM will be held as a digital meeting only, via https://dnb.lumiagm.com.

Further information and guidelines for digital participation, together with the notice and all the relevant documents for the EGM, will be made available on Quantafuel's website, https://www.quantafuel.com/general-meeting.

For further queries, please contact:

Christian Bekkevold Nilsen, CFO +47 90277833

About Quantafuel | https://quantafuel.com

Quantafuel is a technology-based energy company converting waste plastics back into low-carbon synthetic oil products replacing virgin oil products. Quantafuel is establishing, operating and owning dedicated plastic-to-liquid (PtL) plants and plans to establish several plants throughout Europe and beyond.