Quantafuel ASA Fearnley Securities' Chemical Recycling Webinar

14 March 2021

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IN RELATION TO THE UNITED STATES AND U.S. PERSONS, THIS PRESENTATION IS BEING FURNISHED ONLY TO INVESTORS THAT ARE "QIBs", AS DEFINED IN RULE 144A UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT"). THE SHARES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER U.S. SECURITIES ACT OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION IN THE UNITED STATES, AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES, OR TO OR FOR THE ACCOUNT OR BENEFIT OF A U.S. PERSON, EXCEPT PURSUANT TO AN APPLICABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT AND IN COMPLIANCE WITH ANY APPLICABLE STATE SECURITIES LAWS.

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POLITICAL BACKDROP

Denmark approves chemcycling – first important step for other EU countries

February 2021 6. March 2021 8. March 2021 9. March 2021
March 2021

QUANTAFUEL IS A PIONEER WITHIN CHEMICAL RECYCLING Two recycling plants with clear plans for further expansion

The Skive plant (Denmark)

OPERATIONAL HIGHLIGHTS

✓Implementing improvements to start Skive operation on two lines
✓Started pilot for the first chemical recycling plant in Norway
✓Upstream integration acquiring 40% of Geminor
✓Executing on strategy for international expansion

QUANTAFUEL'S PLANTS ARE ENVIRONMENTALLY CERTIFIED

Our supply chains and production methods comply with strict standards

"We are pleased to contribute to Quantafuel's idea of solving the world's plastic waste problem with our robust ISCC PLUS standard that provides credibility and traceability throughout the supply chain"

Dr. Jan Henke, Director of ISCC system

German TÜV has issued REDcert2 environmental certificate for Quantafuel. This certificate testifies that Quantafuel sources feedstock from sustainable sources and has robust systems documenting mass balance and resource efficiency.

UNIQUE SOLUTION TO PURIFY AND UPGRADE

An unique, proprietary technology, addressing a great global challenge

STRATEGIC PARTNERSHIPS

Secured strong partnerships providing capital, competence and offtake

TAKING CONTROL OF THE FEEDSTOCK VALUE CHAIN

✓Feedstock project with Grønt Punkt & Geminor yields invaluable experience
✓Quality control drastically reduces risk of unwanted material e.g. PVC, Lithium batteries
✓High potential in receiving high gate fee levels
✓Compliance with EU regulations through tracking the entire valuechain