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Quantafuel Director's Dealing 2023

May 11, 2023

3722_rns_2023-05-11_8b4b5853-4b00-44f7-9554-8f74cbdc46d6.pdf

Director's Dealing

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1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Lars Rosenløv
2 Reason for the notification
a) Position/status CEO
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
– Financial instrument linked to a share or a debt instrument
Identification code – ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (i)
Price(s)
(ii)
Volume(s)
NOK 0 900,000
d) Aggregated information
— Aggregated volume — 900,000 options
— Average price per unit — NOK 0
— Total amount — NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue

Side | 2 av 9

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Dr. Christian Lach
2 Reason for the notification
a) Position/status Deputy CEO and Chief Commercial Officer
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
— Financial instrument linked to a share or a debt instrument
Identification code — ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (i)
Price(s)
(ii)
Volume(s)
NOK 0 700,000
d) Aggregated information
— Aggregated volume — 700,000 options

Average price per unit
— NOK 0

Total amount
— NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue

Side | 3 av 9

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Christian Bekkevold Nilsen
2 Reason for the notification
a) Position/status CFO
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
— Financial instrument linked to a share or a debt instrument
Identification code — ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (iii) Price(s) (iv) Volume(s)
NOK 0 300,000
d) Aggregated information
— Aggregated volume — 300,000 options

Average price per unit
— NOK 0

Total amount
— NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue

Side | 4 av 9

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Terje U. Eiken
2 Reason for the notification
a) Position/status COO
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
— Financial instrument linked to a share or a debt instrument
Identification code — ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (v)
Price(s)
(vi) Volume(s)
NOK 0 650,000
d) Aggregated information
— Aggregated volume — 650,000 options

Average price per unit
— NOK 0

Total amount
— NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue

Side | 5 av 9

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Ann-Christin Andersen
2 Reason for the notification
a) Position/status Chair of the board of directors
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
— Financial instrument linked to a share or a debt instrument
Identification code — ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (vii) Price(s) (viii)Volume(s)
NOK 0 170,000
d) Aggregated information
— Aggregated volume — 170,000 options

Average price per unit
— NOK 0

Total amount
— NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue

Side | 6 av 9

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Dr. Thorleif Enger
2 Reason for the notification
a) Position/status Board member
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
— Financial instrument linked to a share or a debt instrument
Identification code — ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (ix) Price(s) (x)
Volume(s)
NOK 0 80,000
d) Aggregated information
— Aggregated volume — 80,000 options

Average price per unit
— NOK 0

Total amount
— NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue

Side | 7 av 9

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Wenche Teigland
2 Reason for the notification
a) Position/status Board member
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
— Financial instrument linked to a share or a debt instrument
Identification code — ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (xi) Price(s) (xii) Volume(s)
NOK 0 40,000
d) Aggregated information
— Aggregated volume — 40,000 options

Average price per unit
— NOK 0

Total amount
— NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue

Side | 8 av 9

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Anette Knoph Lerø
2 Reason for the notification
a) Position/status Board member (employee representative)
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
— Financial instrument linked to a share or a debt instrument
Identification code — ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (xiii)Price(s) (xiv)Volume(s)
NOK 0 80,000
d) Aggregated information
— Aggregated volume — 80,000 options

Average price per unit
— NOK 0

Total amount
— NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue

Side | 9 av 9

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Rene Ortiz Garcia
2 Reason for the notification
a) Position/status Observer of the board (employee representative)
b) Initial notification or
amendment
Initial notification
3 Details of the issuer
a) Name Quantafuel ASA
b) LEI code 549300V6BLI7Z2UYNG15
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial
instrument
— Financial instrument linked to a share or a debt instrument
Identification code — ISIN NO 0010785967
b) Type of transaction Cancelation of stock option
The transaction is linked to the exercise of a share option programme.
c) Price(s) and volume(s) (xv) Price(s) (xvi)Volume(s)
NOK 0 65,000
d) Aggregated information
— Aggregated volume — 65,000 options

Average price per unit
— NOK 0

Total amount
— NOK 0
e) Date of the transaction 2023-05-11
f) Place of the transaction Outside a trading venue