FREYR Battery Announces Appointments of Dan Steingart and Jason Forcier to Board of Directors - Seite 3

Cautionary Statement Concerning Forward-Looking Statements

All statements, other than statements of present or historical fact included in this press release, including, without limitation, statements regarding FREYR’s growth as a global industrial partner of choice in the clean battery space, FREYR’s position to industrialize a next-generation technology as demand for clean energy storage and mobility accelerates, and the establishment of giga scale production of clean, next-generation batteries are forward-looking and involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Most of these factors are outside FREYR’s control and difficult to predict. Information about factors that could materially affect FREYR is set forth under the “Risk Factors” section in (i) FREYR’s Registration Statement on Form S-3 filed with the Securities and Exchange Commission (the “SEC”) on September 1, 2022, as amended, and (ii) FREYR’s annual report on Form 10-K filed with the SEC on March 9, 2022, and available on the SEC’s website at www.sec.gov.

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The FREYR Battery Stock at the time of publication of the news with a raise of +0,77 % to 8,846EUR on Tradegate stock exchange (10. Januar 2023, 12:03 Uhr).