Quantafuel ASA | Mandatory notification of trades

07 Mar 2023 15:53 CET

In connection with the recommended voluntary cash offer (the "Offer") by Harald
Norway Bidco AS, a company wholly-owned by Viridor Limited, to acquire all
shares of Quantafuel ASA ("Quantafuel" or the "Company") the following persons
discharging managerial responsibilities in Quantafuel (or their related parties
as described below) have accepted the Offer for all their shares in the Company:

• Lars Rosenløv, CEO of Quantafuel, has accepted the Offer for his 50,800 shares
in Quantafuel.

• Dr. Christian Lach, Deputy CEO and Chief Commercial Officer of Quantafuel, has
accepted the Offer for his 13,500 shares in Quantafuel.

• Terje U. Eiken, COO of Quantafuel, has accepted the Offer for his 75,217
shares in Quantafuel.

• Ann-Christin Andersen, Chair of the board of directors of Quantafuel, has
through her closely associated company 4ADA AS accepted the Offer for her 10,000
shares in Quantafuel.

• Petter Dragesund, board member of Quantafuel, has through his closely
associated company Dragesund Invest AS accepted the Offer for his 666,668 shares
in Quantafuel.

• Dr. Thorleif Enger, board member of Quantafuel, has through his closely
associated company Thoeng AS accepted the Offer for his 189,300 shares in
Quantafuel.

• Wenche Teigland, board member of Quantafuel, has accepted the Offer for her
1,430 shares in Quantafuel.

• Kasper Bech Trebbien, board member of Quantafuel, has accepted the Offer for
his 2,000 shares in Quantafuel.

• Anette Knoph Lerø, board member of Quantafuel, has accepted the Offer for her
883 shares in Quantafuel.

In addition the following close associates have accepted the Offer for all their
shares in the Company:
• KIRKBI Invest A/S, a close associate represented on the board of directors
through Kasper Bech Trebbien, has accepted the Offer for its 17,888,880 shares
in Quantafuel.

• BASF Antwerpen N.V., a close associate represented on the board of directors
through Dr. Maximilian Walter, has accepted the Offer for its 15,769,561 shares
in Quantafuel.

Se enclosed forms for further details about the transactions.

This information is subject to the disclosure requirements in Regulation EU
596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities
Trading Act.

***

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.

More information:
Access the news on Oslo Bors NewsWeb site

584477_Notification of transactions.pdf