07 Apr 2026 08:27 CEST

Issuer

Refuels N.V.

7 April 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 March 2026.

* CNG Fuels dispensed a record of 5,866 tonnes of Bio-CNG from 16 public
access refuelling stations, up 13% from 5,207 tonnes in March 2025 (15
stations)
* Average daily dispensed volume reached a record 189 tonnes, compared to 168
tonnes per day in the year-earlier period
* A daily average of 2,247 vehicles refuelled across the station network, an
increase of 13% year-on-year
* At the end of March 2026, 161 of the vehicles were the larger 6x2 models, up
104% year-on-year

"The past weeks' geopolitical events have highlighted the vulnerability of the
global diesel supply chain to disruptions, with fleet operators increasingly
prioritising the security of supply and cost stability offered by biomethane.
A widening cost advantage versus diesel continues to strengthen the economic
case for switching to Bio-CNG, a locally produced, low-carbon and reliable
fuel available today. This is reflected in a new record for both monthly
volumes and average daily throughput in March, and further volume growth in
the coming months as new Bio-CNG fuelled trucks are deployed," said Philip
Fjeld, CEO and co-founder of ReFuels.

Prices for Renewable Transport Fuel Certificates (RTFCs) averaged 19.14 pence,
reflecting a narrower spread between biodiesel and fossil diesel as diesel
prices increased. Most of the 2026 RTFC volumes have already been secured
through forward sales, limiting the impact of short-term market movements.
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. The information was submitted for publication, through the
agency of the contact persons set out above, at 2026-04-07 08:27 CEST.


670020_Operational Update March 2026.pdf
670020_Biomethane Station Data March 2026.pdf

Source

Refuels N.V.

Provider

Oslo Børs Newspoint

Company Name

REFUELS N.V.

ISIN

NL0015001BF4

Symbol

REFL

Market

Euronext Growth