FREYR Battery Announces Appointments of Dan Steingart and Jason Forcier to Board of Directors

FREYR Battery (NYSE: FREY) (“FREYR” or “the Company”), a developer of clean, next-generation battery cell production capacity, has appointed Jason Forcier and Dr. Dan Steingart as independent members of the Company’s Board of Directors effective December 21, 2022, and January 9, 2023, respectively. The appointments are intended to fill vacancies created by the departures of Jeremy Bezdek and Jon Christian Thaulow from FREYR’s Board of Directors.

On January 9, 2023, FREYR’s Board appointed Dr. Dan Steingart as an independent director of the Company, effective January 9, 2023. Dr. Steingart is the Stanley-Thompson Professor of Chemical Metallurgy at Columbia University where he is also the co-director of the Columbia Electrochemical Energy Center. Over the last decade, his research in energy storage has been adopted by various industries and has led directly or indirectly to five electrochemical energy-related startup companies. Additionally, Dr. Steingart has served as Chief Scientist/Advisor to ElectraSteel since 2020, Co-Founder of Liminal Insights Inc. since 2015 and Industry Advisor to Sila Nanotechnologies Inc. since 2016.

“I want to extend a warm welcome to Dan as he joins our Board of Directors,” commented Torstein Dale Sjøtveit, FREYR’s Founder and Executive Chairperson. “Dan brings impressive technical and industry credentials to the FREYR Board as a distinguished electrochemistry expert, a highly respected professor and research scientist at one of the world’s foremost academic institutions, and a valued advisor to start-up companies in the energy sector. Our entire team is looking forward to his stewardship through the next phase of FREYR’s growth as a global industrial partner of choice in the clean battery space.”

“I am excited to be joining the FREYR Board of Directors during a crucial time in the battery industry,” remarked Dr. Dan Steingart. “Having observed the company’s remarkable progress to date, I believe that FREYR is uniquely positioned to scale a cost-effective battery technology as demand for clean energy storage and mobility accelerates. I have long admired the operating team and am proud to be aiding them on their journey.”

As previously announced, Jason Forcier joined FREYR’s Board of Directors on December 21, 2022. Mr. Forcier currently serves as Chief Executive Officer of SVP Worldwide. Mr. Forcier’s previous experience includes positions as Chief Operations Officer and other senior manufacturing, supply chain and quality roles at Vertiv Holdings Co from 2017 to 2022; and eight years at A123 Systems, a global manufacturer of lithium-ion batteries, where he was the Chief Executive Officer from 2013 until 2017 and member of the board of management.