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Circa Group AS

Remuneration Information Aug 24, 2022

3570_dirs_2022-08-24_7fb530be-09f0-4dda-a8b7-6ce5a3772154.html

Remuneration Information

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Primary insider notice

Primary insider notice

OSLO, NORWAY – 24 August 2022. On 24 August 2022 Circa Group AS (the “Company”) have allocated share options in the Company to the following primary insiders in accordance with the Company’s Long Term Incentive (LTI) program:

Director Trond Stangeby 50,000 LTI options with strike price NOK 16.75

Director Greg Court 50,000 LTI options with strike price NOK 16.75

Director Martin Laudenbach 50,000 LTI options with strike price NOK 8.6032

Director Elise Fahlén 50,000 LTI options with strike price NOK 8.6032

Global Head of Production Philipp Morgenthaler 200,000 LTI options with strike price NOK 7.4332

Group General Counsel Jens Even Højlund Pedersen 50,000 LTI options with strike price NOK 7.4332

Please refer to the attached notifications of transactions for further details.

About Circa

Established in 2006, Circa Group converts 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™, an alternative to traditional polar aprotic solvents, which is produced in one step from platform biomolecule Levoglucosenone. 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 alternatives contributing to a more circular economy. In March 2021, Circa Group successfully listed on the Euronext Growth Market in Oslo, stock symbol CIRCA.

www.circa-group.com

Investor Contact Circa Group

Tone Leivestad, Chief Financial Officer

Circa Group AS

[email protected]

Tel: +47 406 39 455

Media Contact

Scott Engebrigtsen

Hill and Knowlton Strategies

[email protected]

Tel: +47 900 43 484

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