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Refuels N.V.

Regulatory News Service Nov 5, 2025

6193_rns_2025-11-05_c8bea4e9-8f93-420c-9fe8-ebb59bbe5117.html

Regulatory News Service

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Biomethane Station Data October 2025

Biomethane Station Data October 2025

5 November 2025 -- ReFuels N.V., a leading European supplier of renewable

biomethane (Bio-CNG) for the decarbonisation of heavy goods vehicles (HGVs),

today published Bio-CNG station data for October 2025.

* A record 5,664 tonnes of Bio-CNG were dispensed from CNG Fuels' 16 public

access refuelling stations, up 17% from 4,859 tonnes in October 2024 (14

stations)

* Average daily dispensed volume reached a record 183 tonnes, compared to 157

tonnes per day in the year-earlier period

* A daily average of 2,131 vehicles refuelled across the station network, an

increase of 17% year-on-year

* Prices for Renewable Transport Fuel Certificates (RTFCs) averaged 28 pence,

up 28% compared with 21.9 pence in October 2024 and 24.8 pence in September

2025

"CNG Fuels continues to deliver steady volume growth on an aggregate and daily

dispensed basis as Bio-CNG increasingly is recognised as the leading

decarbonisation solution for UK heavy goods vehicles. The underlying market

drivers remain strong with several large operators announcing new truck

orders, taking advantage of biomethane's substantial cost and environmental

advantage over diesel and HVO. Furthermore, the RTFC price increase provides

additional positive momentum into the year-end season," said Philip Fjeld, CEO

and co-founder of ReFuels.

CNG Fuels had 168 unique customer fleets refuelling across the network in the

three months ending 31 October 2025, compared to 164 in the same period last

year.

In addition to Bio-CNG dispensing, CNG Fuels generates revenue from sales of

Renewable Transport Fuel Certificates (RTFCs). The average price per RTFC in

October was 28 pence, up from 24.8 pence in September and 21.9 pence in

October 2024. RTFCs are awarded at a rate of 3.8 certificates per kilo of

Bio-CNG dispensed and sold to fuel suppliers with a blending obligation under

the UK's Renewable Transport Fuel Obligation (RTFO) scheme.

CNG Fuels supplies biomethane through a growing network of refuelling

stations, currently operating 16 public access Bio-CNG stations strategically

located on major UK trucking routes. Two additional stations are under

development -- one in South Wales near the M4, offering direct access to key

east--west freight corridors, and one in Swindon, supporting efficient

transport between London, South Wales and the Midlands.

ReFuels provides monthly operational updates, normally released within ten

working days after the end of each month.

To receive ReFuels' stock exchange and press releases via email, subscribe

at refuels.com/investors.

For further information, please contact:

Philip Fjeld, CEO ReFuels N.V.

Tel: +44 7976 159 833

E-mail: [email protected]

About ReFuels

ReFuels is decarbonising Europe's truck fleet through its 40% ownership of CNG

Fuels -- a fully integrated clean fuel infrastructure platform combining

sourcing of renewable biomethane (Bio-CNG), Renewable Transport Fuel

Certificates (RTFCs), and ownership and operation of the UK's largest clean

fuel station network. By the end of 2028, ReFuels aims to have the capacity to

serve 20,000 heavy goods vehicles per day, with the long-term ambition of

becoming Europe's leading integrated supplier of alternative fuels for

commercial fleets. For further information, please visit www.refuels.com.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 17. The information was submitted for publication at

2025-11-05 06:30 CET.

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