Quantafuel

Regulatory Filings • Nov 19, 2021

Quantafuel ASA | Quantafuel negotiating landmark agreement for new plants with world-leading investment and energy companies

Quantafuel ASA | Quantafuel negotiating landmark agreement for new plants with world-leading investment and energy companies

Quantafuel and two undisclosed partners have agreed on the principles of a Memorandum of Understanding (MOU) for the exploration and establishment of Plastic-to-Liquid plants. The final MOU is expected to be signed within the next weeks. In addition to Quantafuel, the parties include a large energy company and one of the world’s largest investment companies. The agreement covers a new country and region for Quantafuel. More information will be presented in due course.

For further queries, please contact:

Lars Rosenløv, CEO +47 93018040

Kristian Flaten, CFO +47 95092322

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.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Kristian Flaten, CFO, on 19 November 2021 at CET 07:00.