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Quantafuel

Board/Management Information • May 15, 2023

3722_rns_2023-05-15_ce026fc0-c075-40ef-8fea-abd197facab9.html

Board/Management Information

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New management structure in Quantafuel

Following Viridor’s acquisition of Quantafuel, Lars Rosenløv is stepping down from his position as CEO of Quantafuel. Rosenløv will be replaced by Terje Eiken who will lead the company’s integration with Viridor. Terje Eiken has been with the company since September 2020.

Quantafuel’s CFO Christian Bekkevold Nilsen will also support the integration with Viridor, but has decided to step down at the end of November 2023 once the integration work is complete.

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.