Biomethane Station Data February 2026

10 Mar 2026 06:30 CET

10 March 2026 -- 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 February 2026.

* CNG Fuels dispensed a total of 5,225 tonnes of Bio-CNG from 16 public access
refuelling stations, up 12% from 4,660 tonnes in February 2025 (15 stations)
* Average daily dispensed volume reached a record 187 tonnes, compared to 166
tonnes per day in the year-earlier period
* A daily average of 2,239 vehicles refuelled across the station network, an
increase of 14% year-on-year
* Prices for Renewable Transport Fuel Certificates (RTFCs) averaged 25.7
pence, equal to February 2025

"The CNG Fuels station network delivered solid utilisation as Bio-CNG trucks
continue to gain market share in a soft overall haulage market. Fleet
operators are increasingly recognising that they can both decarbonise
operations today and increase returns over the life of a vehicle due to the
rapid payback offered by new state-of-the-art biomethane trucks compared to
HVO fuel and diesel HGVs. We expect new truck deliveries to accelerate towards
the summer after the typical seasonal slow start to the year," said Philip
Fjeld, CEO and co-founder of ReFuels.

In addition to Bio-CNG dispensing, CNG Fuels generates revenue from sales of
Renewable Transport Fuel Certificates (RTFCs). The average RTFC price in
February was 25.7 pence, equal to the price in February 2025. 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. One additional station in Magor, South
Wales, is under construction to further expand network capacity.

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: 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.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication,
through the agency of the contact persons set out above, at 2026-03-10 06:30
CET.

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667861_Operational Update February 2026.pdf
667861_Biomethane Station Data February 2026.pdf