Clean Battery Solutions for a Better Planet

FREYR Focuses on the Core of the Battery Value Chain 1) FREYR Initial Focus Mining and Refining Active materials Cell Pack/ Modules Recycling + +1 Value add: 1) 28% 11% 32% 25% 4% = 100% Cathode materials Anode materials Electrolyte materials Separator materials Partnership-based value chain integration strategy Percentage of total value added per value chain step, based on expected 2030 demand from transportation, energy storage and consumer electronics applications + battery pack prices FREYR Clean battery solutions Battery cell Source: Study commissioned from global management consultancy 11

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