PRESS RELEASE

CIRCA STRENGTHENS ITS BOARD OF DIRECTORS

Oslo, Norway – 6 July 2022 – The general assembly of Circa Group AS was held on 2 June 2022 and two new members were elected to the board of directors; Mr Martin Laudenbach and Ms Elise Fahlén.

Martin Laudenbach has extensive experience in the international chemical industry from serving in senior positions at BASF and Solvay. He currently works as a professional advisor and holds various director positions including in the Polish chemical group CIECH S.A., a company listed on the Warsaw and Frankfurt Stock Exchange.

Elise Fahlén has a strong background in venture capital and private equity investments and is currently employed as an Investment Manager at the venture capital investment branch of the H&M Group in Stockholm. She also holds director positions among others in the Swedish stock listed investment company First Venture Sweden AB.

“I am very pleased to have Martin and Elise joining the board of Circa. With their strong management expertise within the chemicals industry and venture capital investments, respectively, I am certain that they will contribute significantly to Circa’s success. Both Martin and Elise have expressed a strong personal passion for joining the board, not least due to Circa’s sustainability ambition to change chemistry for good,” says Lars P. Sørvaag Sperre, Chairman of Circa Group.

The Circa Group board of directors consists of the following board members:

  • Lars Sperre (chair)
  • Gregory Court
  • Elise Fahlén
  • James Alan Henneberry
  • Martin Laudenbach
  • Rune Sollie
  • Trond Stangeby

About Circa

Established in 2006, Circa Group converts waste, non-food biomass into advanced bio-based chemicals with its proprietary Furacell™ process. Its developing product portfolio includes flavours, biopolymers, and bio-solvents including Cyrene™. By creating renewable chemicals from cellulose, Circa is extracting value from non-food, surplus biomass and contributing to industry as it transitions to a more circular and decarbonised economy. Circa Group is listed on the Euronext Growth Market in Oslo, stock symbol CIRCA.

www.circa-group.com

Investor Contact Circa Group                                                                        

Tone Leivestad, Chief Financial Officer

Circa Group AS

[email protected]

Tel: +47 406 39 455

Media Contact

Scott Engebrigtsen

Hill and Knowlton Strategies

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Tel: +47 900 43 484