Freyr SPAC Presentation Deck

FREYR's Experienced Execution Team Torstein Dale Sjøtveit Executive Chair & Founder ■ Tom Einar Jensen Chief Executive Officer & Co-Founder ■ ■ " 35+ years of experience in utility, shipbuilding & upstream energy businesses Former CEO, Sarawak Energy, Malaysia Preside CEO, Aker Yard EVP Upstream Aluminum, Norsk Hydro Peter Matrai Board Member & Co-Founder ■ 25 years of experience in energy, industry, agriculture and start-ups 13 of which in investment and project development in the sustainability space ■ Partner & Co-Founder, EDGE Global LLC, Senior Advisor, SYSTEMIQ EVP Corporate Development, Joule Unlimited, US CEO Agrinos and various commercial roles in Norsk Hydro Einar Kilde Chief Operating Officer 20 years of experience in finance, technology commercialization and operations within bioenergy and sustainability ventures Partner & Co-Founder, EDGE Global LLC CFO, Joule Unlimited, US COO & CFO, Butamax (BP-DuPont JV) 30+ years of experience in leading large-scale development projects within the energy, renewables and transport sectors EVP Project Execution, Bane NOR EVP Project Execution, Sarawak Energy, Malaysia EVP Projects, REC FREYR Clean battery solutions Ryuta Kawaguchi Chief Technology Officer ■ ■ Steffen Føreid Chief Financial Officer ■ ■ I ■ ■ Tove Nilsen Ljunqquist Executive Vice President, Operations 30 years of experience in global manufacturing and oil & gas businesses ■ EVP Operationalization Moreld CEO Agility Subsea Fabrication / Agility Group Head of Performance Management Hydro Downstream Managing Director Hydro Aluminium Clervaux ■ ■ 25 years of experience in battery engineering and technology development Solution Owner, Dyson EV Battery Senior Manager Battery & ePT Strategy Planning, Nissan Senior Manager Battery System Engineering & Technical Sales, AESC ■ 20 years finance experience within LNG, engineering, fabrication and energy industries CEO/CFO, Höegh LNG Partners LP CFO, Höegh LNG Holdings Ltd CFO, Grenland Group ASA EVP, TH Global PLC Are Brautaset Chief Legal Officer ■ 20 years practice as in-house counsel in the energy sector Head of Legal and Compliance in Statoil Tanzania Vice President Legal in Equinor Chief Legal Officer in Aker Energy 30

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