Refuels N.V.

Regulatory Filings • Dec 18, 2025

ReFuels: New EU Automotive Package validates biofuels as a key enabler for clean mobility transition

ReFuels: New EU Automotive Package validates biofuels as a key enabler for clean mobility transition

18 December 2025 - ReFuels N.V., a leading European supplier of renewable

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

welcomes the European Commission's newly launched Automotive Package, which

reinforces the role of renewable fuels in the transition to net-zero

transport.

The EU Commission proposal introduces flexibilities that allow biomethane,

e-fuels and low-carbon steel to offset tailpipe emissions post-2035, marking a

significant shift from the previously strict zero-emission vehicle policy. The

EU Commission also recognises the need for pragmatic, near-term

decarbonisation of vans and heavy goods vehicles, where renewable fuel

solutions are already delivering results.

"Alongside Germany's RED III implementation and the UK's RTFO consultation,

this is a further validation of biofuels' role in cutting emissions from

hard-to-electrify transport segments. The acknowledgement of renewable fuels

as a key enabler for clean mobility marks a significant policy shift. For

those of us focused on real-world decarbonisation, especially in long-haul

transport, this is overdue but welcome," said Philip Fjeld, CEO of ReFuels.

The Automotive Package builds on recent regulatory developments in Germany and

the UK, further underscoring a European-wide momentum for renewable transport

fuels. Germany's RED III legislation increases the transport GHG quota to 59%

by 2040, ends double counting of advanced biofuels from 2026 and tightens

sustainability compliance, driving demand for certified fuels such as

biomethane. The UK Department for Transport is concurrently reviewing whether

its current 2032 target of 21.1% remains sufficient to meet climate

objectives.

ReFuels currently supports nearly 2,200 HGVs running on Bio-CNG and has helped

its customers avoid over 900,000 tonnes of CO2 emissions since its inception.

Bio-CNG made from food waste and agricultural residues delivers lifecycle

emissions reductions of approximately 90% compared to diesel. At full

utilisation, ReFuels' UK Bio-CNG refuelling network could enable up to 2

million tonnes of annual CO2 savings by 2028.

"This is not about favouring one solution over another. It's about recognising

that we need multiple technologies, working in parallel, to deliver impact at

speed and scale," Philip Fjeld added. "As policymakers revisit the rules, we

hope they keep in mind the operators, engineers and entrepreneurs already

delivering results. We don't need to wait for perfect. We need to scale what

works today."

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refuels.com/investors.

For further information, please contact:

Philip Fjeld, CEO ReFuels N.V.

Tel: +44 7976 159 833

E-mail: Philip.Fjeld@refuels.com

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.