ReFuels: Opens 800-truck Bio-CNG station on key UK freight corridor

05 November 2026 -- ReFuels N.V. (ticker: REFL), one of Europe's leading
suppliers of renewable biomethane (Bio-CNG) for decarbonising heavy goods
vehicles (HGVs), has opened a new public-access refuelling station
strategically located near the M4 motorway at Magor, South Wales.

Owned and operated by CNG Fuels, the new station provides convenient access to
one of the UK's most important freight corridors connecting London, South
Wales and the Midlands. The site is also close to the Port of Newport, two
international airports and distribution centres operated by major logistics
users, including Tesco and AB InBev.

"The Magor station strengthens CNG Fuels' network along an important UK
freight corridor, giving fleet operators greater access to a lower-cost,
lower-carbon and regionally produced alternative to imported diesel. Fleets
will only transition at scale if the infrastructure is there, and our
continued network expansion is making that switch increasingly
straightforward," said Philip Fjeld, CEO and co-founder of ReFuels.

"In the first half of 2027, Magor will be complemented by a new station at
Swindon, enabling seamless transport between London and southern parts of the
Midlands and Wales as we expand capacity to support a growing number of
operators transitioning their fleets to renewable biomethane."

The Magor station can refuel 12 trucks simultaneously at full utilisation,
enabling more than 800 trucks to be refuelled per day and the dispensing of
more than 30 million kilograms of Bio-CNG annually.

With Magor, CNG Fuels operates 17 public-access Bio-CNG stations across the
UK, with capacity to refuel more than 12,000 HGVs per day. The company is
continuing its demand-led rollout of high-capacity stations and mobile
refuelling solutions, targeting network capacity for more than 20,000 HGVs per
day by the end of 2028.

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refuels.com/investors.

For further information, please contact:

Philip Fjeld, CEO, ReFuels N.V.
Tel.: +44 7976 159 833
Email: philip.fjeld@refuels.com

About ReFuels
ReFuels is decarbonising Europe's truck fleet through its 40% ownership of CNG
Fuels - a fully integrated clean fuel infrastructure platform combining
sourcing of renewable biomethane (Bio-CNG), Renewable Transport Fuel
Certificates (RTFCs), and ownership and operation of the UK's largest clean
fuel station network. By the end of 2028, ReFuels aims to have the capacity to
serve 20,000 heavy goods vehicles per day, with the long-term ambition of
becoming Europe's leading integrated supplier of alternative fuels for
commercial fleets. For further information, please visit refuels.com.
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commercial fleets. For further information\, please visit refuels.com.\