Circa Group AS

Director's Dealing • Aug 24, 2022

Circa Group AS: 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 tone.leivestad@circa-group.com Tel: +47 406 39 455

Media Contact Scott Engebrigtsen

Hill and Knowlton Strategies Scott.Engebrigtsen@hkstrategies.com Tel: +47 900 43 484