Goodtech is extending its cooperation with Wacker Chemicals and has been awarded
the scope to replace a high voltage support system at Holla. The project shall
enhance the energy supply infrastructure needed to operate the smelting plant
and its auxiliary systems. Goodtech's scope is estimated to MNOK 11,8 and
includes engineering, project management, procurement and installation of the
new high voltage system and shall be completed during Q4 2025. 

Wacker and Goodtech have a long-standing partnership founded on close
collaboration and mutual trust. This upgrade will not only ensure a reliable and
efficient power supply to the Holla facility. but also support Wacker's goals
for sustainable operations.

Torbjørn Halland, Managing Director at Wacker Holla, stated, "Wacker has several
ongoing projects with Goodtech and the cooperation works seamlessly. Goodtech
has during the time we have worked together proven to deliver to our
expectations. To complete this important infrastructure project, we chose to
continue the cooperation based on Goodtech's expertise, commitment to innovation
and timely delivery." 

CEO Margrethe Hauge at Goodtech comments: "We are excited to be selected as a
partner for this project, which will not only enhance the high voltage
infrastructure, but also pave the way for future growth and digitalization. Our
ongoing collaboration with Wacker Chemicals Holla has equipped us with valuable
insights of Wackers requirements, and we look forward to delivering results
alongside their dedicated team." 

For further information, please contact: 

Margrethe Hauge, CEO Goodtech ASA 
Phone: +47 957 96 920 
Email: margrethe.hauge@goodtech.no 

Øyvind Osjord, CFO Goodtech ASA 
Phone: +47 950 46 649 
Email: oyvind.osjord@goodtech.no