Primary Insider Notice

18 Apr 2023 14:20 CEST

OSLO, NORWAY – 18 April 2023. On 18 April 2023 Circa Group AS (the “Company”)
have allocated share options in the Company to the following primary insiders in
accordance with the Company’s Long Term Incentive (LTI) program:

Head of Development and Commercialisation, Nicholas Smith
100,000 LTI options with strike price NOK 6.07.

Please refer to the attached notifications of transactions for further details.

About Circa

Established in 2006, Circa Group converts sustainable, non-food biomass into
advanced bio-based chemicals with its proprietary Furacell™ process. Its
developing product portfolio includes flavours, biopolymers, and bio-solvents
including Cyrene™. By creating renewable chemicals from cellulose, Circa is
extracting value from non-food, biomass and addressing a gap in the market by
providing bio-based alternatives contributing to a more circular economy.
https://circa-group.com

Media Contact
Amanda Keogh
General Manager Marketing and Sustainability
Circa Group
Amanda.keogh@circa-group.com
Tel: +61 407 275 126

Investor Contact
Tone Leivestad
Chief Financial Officer
Circa Group
tone.leivestad@circa-group.com
Tel: +47 406 39 455

More information:
Access the news on Oslo Bors NewsWeb site

587855_Item 7 - Notification of transactions by Primary Insiders_options_Nich Smith.pdf