OSLO, NORWAY - 24 August 2022. Reference is made to the announcement made by
Circa Group AS (the "Company") on 1 July 2022 regarding the exercising of
warrants by Moata Pty Ltd ("Moata"), a close associate of the Company's CEO, Mr.
Anthony Duncan. The board of directors of Circa Group AS has today, 24 August
2022, resolved to increase the Company's share capital by NOK 400 000 and to
issue 200 000 new shares to Moata and 200 000 shares to Mr. William Duncan a
Circa employee. 

Following the above executions of the exercised warrants there are no further
warrants outstanding in the Company and the only remaining share based
remuneration arrangement in Circa is the group's Long Term Incentive program
that was instigated in March 2021 in connection with the capital raise and the
listing at the Euronext Growth.

The new shares, once registered in the Register of Business Enterprises, will
increase the Company's share capital to NOK 122,113,109 divided into 122,113,109
shares, each with a nominal value of NOK 1. Following the registration in the
Register of Business Enterprises, Moata will own 1,200,000 shares in the
Company, equalling approx. 0,98% of the outstanding shares.



About Circa
Established in 2006, Circa Group converts non-food biomass into advanced
bio-based chemicals with its proprietary FuracellTM process. Its developing
product portfolio includes flavours, biopolymers, and bio-solvents including
CyreneTM, an alternative to traditional polar aprotic solvents, which is produced
in one step from platform biomolecule Levoglucosenone. 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. In March 2021, Circa Group successfully listed on
the Euronext Growth Market in Oslo, stock symbol CIRCA.
www.circa-group.com



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

Media Contact
Scott Engebrigtsen
Hill and Knowlton Strategies
Scott.Engebrigtsen@hkstrategies.com
Tel: +47 900 43 484

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