We have noted thatQuantafuel has received remarks from Oslo Børs for breach of the continuing obligations in relation to theSeptember 2020 private placement. This relates to the notification on confidential basis to Oslo Børs on deferred disclosure. No issues have been raised by Oslo Børs related to our disclosures to the market in relation to the private placement. Oslo Børs was notified on confidential basis at11:12am prior to the initiation of wall-crossing and all conditions for the private placement were fulfilled, hereunder confirmation on sufficient quality of the production at the Skive plant. At our judgement this was the right time for the notification. We note that Oslo Børs has concluded that the notification on deferred disclosure should have happened before9am the same day. We have made a note of this and will adjust our routines accordingly going forward. For further queries, please contact: Kjetil Bøhn, CEO +47 91573818Kristian Flaten , CFO +47 95 09 23 22 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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