Reference is made to the annual general meeting ofQuantafuel ASA (the "Company") held on28 May 2021 where the board of directors was authorised to increase the share capital in connection with the Company's share option program. As a result of exercise of options by certain employees of the Company, the board has resolved to increase the Company's share capital withNOK 113.33 , by the issuance of 11,333 new shares, each with a par value ofNOK 0.01 . For further queries, please contact:Kristian Flaten , CFO +47 95092322 AboutQuantafuel | https://quantafuel.comQuantafuel 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 throughoutEurope and beyond.
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