Reference is made to the stock exchange notice by Quantafuel ASA on 9 March 2021
regarding the issue of 183,332 consideration shares in connection with exercise
of options by certain employees of Quantafuel. 

The share capital increase pertaining to the acquisition has now been registered
with the Norwegian Register of Business Enterprises: 

Share capital: NOK 1,387,295.93 
Number of shares: 138,729,593
Par value of each share: NOK 0.01

For further queries, please contact: 
Kristian Flaten, CFO +47 950 92 322

About Quantafuel | https://quantafuel.com  
Quantafuel 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 throughout Europe and beyond.